Arindam Majumder &Amp; Hamsini Karthik

Stories by Arindam Majumder &Amp; Hamsini Karthik

How IL&FS crisis has impacted non-banking finance companies

How IL&FS crisis has impacted non-banking finance companies

Rediff.com   5 Mar 2021

For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.

Flying with just a cabin bag will be 10-15% cheaper

Flying with just a cabin bag will be 10-15% cheaper

Rediff.com   4 Mar 2021

On a busy corporate route like Delhi-Mumbai, hand luggage fare can be cheaper by at least Rs 500-Rs 800.

Green policy flip-flops spook foreign investment firms

Green policy flip-flops spook foreign investment firms

Rediff.com   26 Feb 2021

Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.

Pawan Ruia throws hat into the ring to buy out Air India

Pawan Ruia throws hat into the ring to buy out Air India

Rediff.com   17 Feb 2021

Ruia, a chartered accountant whose business ranged from sugar to textiles and heavy engineering to tyres, refused to comment on queries about his interest in Air India.

Company Watch: Emami, Shriram Transport, Lupin

Company Watch: Emami, Shriram Transport, Lupin

Rediff.com   8 Feb 2021

Check out some of the stocks that will react on the basis of their numbers in the near term.

Does India need a Bad Bank?

Does India need a Bad Bank?

Rediff.com   3 Feb 2021

'The concern that the bad bank may create a moral hazard for the system is extremely valid.'

Retail and SME loans set for litmus test in 2021

Retail and SME loans set for litmus test in 2021

Rediff.com   21 Jan 2021

Banks such as IndusInd Bank, Federal Bank, DCB Bank and Axis Bank which have renewed their focus on secured loans may be, hence, walking on a tightrope.

Drone maker ideaForge bags biggest order from armed forces

Drone maker ideaForge bags biggest order from armed forces

Rediff.com   19 Jan 2021

The Army signed a $20-million deal with the Infosys-backed drone maker recently.

10 large caps for good returns in 2021

10 large caps for good returns in 2021

Rediff.com   15 Jan 2021

Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.

Govt extends cap on domestic airfares till March 31

Govt extends cap on domestic airfares till March 31

Rediff.com   9 Jan 2021

However, airlines will need to sell 20 per cent seats below midpoint of the fare band on each flight instead of 40 per cent as mandated earlier.

Why the bid war for DHFL may well end up being a curse for the winner

Why the bid war for DHFL may well end up being a curse for the winner

Rediff.com   8 Jan 2021

While the lender has Rs 17,000 crore of retail assets and land parcels in Juhu, Borivali, Worli, and Chembur in Mumbai, there may be a disconnect between the quality of DHFL's books and the value bidders ascribe to it.

Auto sales in December saw double-digit rise

Auto sales in December saw double-digit rise

Rediff.com   5 Jan 2021

The growth momentum that started during the festival season is likely to sustain in the new year, reports Arindam Majumder.

Airlines seek easier loan restructuring norms

Airlines seek easier loan restructuring norms

Rediff.com   4 Jan 2021

For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while 'debt to Ebitda' has to be equal to or less than 5.5.

I-Pru Life: Retail focused portfolio, no investment risks augur well

I-Pru Life: Retail focused portfolio, no investment risks augur well

Rediff.com   4 Jan 2021

The life insurer tinkered with its business strategy - raised the share of protection plans and reduced dependency on ULIPs in the past four years.

Air India's new owner can sack staff

Air India's new owner can sack staff

Rediff.com   30 Dec 2020

The new owner may be allowed to dispose of assets accruing from the 10-26 per cent of the net assets of the company.

In midst of holiday season, Dubai flights hit by seat allocation dispute

In midst of holiday season, Dubai flights hit by seat allocation dispute

Rediff.com   25 Dec 2020

Dispute arose as Indian carriers objected to Emirates flying passengers beyond Dubai, and Dubai authorities complained that Indian airlines have been flying more flights than allocated to its carriers.

Are PSBs mispriced stocks or value trap?

Are PSBs mispriced stocks or value trap?

Rediff.com   21 Dec 2020

Reports suggest state-owned banks have lapped up Rs 40,000 crore, so far, using both bonds and equity instruments. The question, though, is whether there will be a perceptional change for PSB stocks.

Why PEs may be better source of capital for banks

Why PEs may be better source of capital for banks

Rediff.com   16 Dec 2020

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.

Why sustaining past momentum can be challenging for HDFC Bank

Why sustaining past momentum can be challenging for HDFC Bank

Rediff.com   15 Dec 2020

With slippages increasing every quarter, any derailment on growth or change in customers' repayment behaviour after moratorium may impact the overall asset quality. Correction, though, presents attractive buying opportunities, given the bank's sustained leadership position.

IndiGo scraps leave without pay for staff, says 70% pre-Covid level reached

IndiGo scraps leave without pay for staff, says 70% pre-Covid level reached

Rediff.com   4 Dec 2020

In June IndiGo had implemented a mandatory leave without pay program for 1.5 days to 5 days. Subsequently, in July, IndiGo announced 5.5 additional days of LWP for its pilots, taking the effective number of LWP to 10 days. As cost cutting measure, the airline had also let go of 10 per cent of its employees and implemented a pay cut across the board.