Arindam Majumder, Karan Choudhury And Ajay Modi

Stories by Arindam Majumder, Karan Choudhury And Ajay Modi

Festive-season discounts bring respite to auto dealers

Festive-season discounts bring respite to auto dealers

Rediff.com   20 Nov 2019

Retail sales of passenger vehicles - the largest component of the pie - jumped 11 per cent year-on-year in October to 248,036 units, largely because of discounts offered during Navratri and Diwali.

Lost Jet capacity back in air

Lost Jet capacity back in air

Rediff.com   12 Nov 2019

However, while the capacity void in the domestic market has been filled, a vacuum still remains in international connectivity, especially on the India-Europe and onwards route, which was well connected by Jet Airways via the Boeing 777, Airbus A330 aircraft and its hubs in Paris and Amsterdam.

Delivery staff are among the worst affected by Delhi's air pollution

Delivery staff are among the worst affected by Delhi's air pollution

Rediff.com   11 Nov 2019

The delivery staff who drop off packages for online retail giants or food or ferry passengers around the city in their taxis are among the worst affected by the capital's foul air.

Will Boeing 737 MAX return to Indian skies?

Will Boeing 737 MAX return to Indian skies?

Rediff.com   7 Nov 2019

The aircraft, which has been grounded since March following two fatal crashes which killed 346 on board, is crucial to Indian low-cost airline SpiceJet's fortune, which has up to 205 aircraft on order. With the grounding, the airline's capacity expansion plan is suffering.

Whatsapp Pay's India launch in jeopardy

Whatsapp Pay's India launch in jeopardy

Rediff.com   6 Nov 2019

Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.

WhatsAppgate: Foreign lobbies involved, believes govt

WhatsAppgate: Foreign lobbies involved, believes govt

Rediff.com   4 Nov 2019

Home ministry sources say there are fears that international lobbies might have been involved in spying, to create a narrative around Indian governance as well as the economy.

DGCA error forced Pak F-16s to intercept SpiceJet flight

DGCA error forced Pak F-16s to intercept SpiceJet flight

Rediff.com   19 Oct 2019

The DGCA official who wrongly assigned the code of Antonov AN-32 -- an aircraft used by the IAF -- to the SpiceJet aircraft has been suspended, report Arindam Majumder and Aneesh Phadnis.

More flights will take off this winter than last year

More flights will take off this winter than last year

Rediff.com   19 Oct 2019

A senior DGCA official said 23,403 departures per week have been finalised, covering 103 airports, which is 1.2 per cent higher than the 23,117 operated during the previous winter schedule.

Economic slowdown and lean travel season clip wings of India's airlines

Economic slowdown and lean travel season clip wings of India's airlines

Rediff.com   18 Oct 2019

An executive of a private airline said even though volume picked up, it will be difficult for airlines to make money as fares have remained low even during festive season.

IndiGo's boardroom battle lands in US courts

IndiGo's boardroom battle lands in US courts

Rediff.com   18 Oct 2019

The genesis of the arbitration lies in a bitter public battle that began in July when Rakesh Gangwal wrote to capital market regulator Sebi alleging lack of corporate governance in the company. He alleged that Rahul Bhatia, who holds controlling power of the company, had used it to execute questionable related-party transactions.

Why launch of WhatsApp Pay in India may be delayed

Why launch of WhatsApp Pay in India may be delayed

Rediff.com   16 Oct 2019

Data processing compliance is the main reason behind the delay. The government, on several occasions, has made it clear that Indian financial data needs to be stored exclusively onshore and if it is processed outside, it needs to be brought back in 24 hours.

Air India stake sale: Buyer to get only Rs 10,000 crore of airline debt

Air India stake sale: Buyer to get only Rs 10,000 crore of airline debt

Rediff.com   16 Oct 2019

This is a third of Rs 33,992 crore debt that was to be passed on to the new owner during last year's failed divestment process.

E-commerce policy may miss 2019 deadline

E-commerce policy may miss 2019 deadline

Rediff.com   10 Oct 2019

The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.

In 6 months Maruti sold 2 lakh BSVI compliant cars

In 6 months Maruti sold 2 lakh BSVI compliant cars

Rediff.com   5 Oct 2019

The figures are encouraging for the auto industry amid apprehension that due to higher cost and lack of fuel availability, cars with stricter emission standards may not be popular in initial stages. Automakers had even cited this confusion as one of the reasons for dwindling car sales in India, reports Arindam Majumder.

Car sales continue to slide in September, Maruti's down by 32.7%

Car sales continue to slide in September, Maruti's down by 32.7%

Rediff.com   2 Oct 2019

However, compared to August, vehicle sales increased by 15.25 per cent on the back of discounts. Maruti led the market in offering heavy discounts and incentives for buyers and dealers, reports Arindam Majumder.

India wakes up to rogue drone threat after Saudi attack

India wakes up to rogue drone threat after Saudi attack

Rediff.com   25 Sep 2019

While the Saudi drone strike has put the focus back on anti-drone measures, caution also stems from the fact that India has a number of large oil refining assets close to India-Pakistan border.

Indeed bets big on the gig economy

Indeed bets big on the gig economy

Rediff.com   23 Sep 2019

Indeed has seen an increase in listings for drivers, food delivery runners, and other service providers.

Flyers beware! You may be under airport security scanner

Flyers beware! You may be under airport security scanner

Rediff.com   19 Sep 2019

The need to use behavioral techniques for spotting terrorism acts was felt after such an exercise had helped customs officials recover cash and drugs.

Govt all set to woo US investors for agri and SME sectors

Govt all set to woo US investors for agri and SME sectors

Rediff.com   18 Sep 2019

Swadeshi Jagran will be leading the delegation on a multi-city tour, expected to start on September 21. The week-long trip will include meetings with industry bodies and government agencies.

Zomato, valued at $4 bn, lays off 541 employees

Zomato, valued at $4 bn, lays off 541 employees

Rediff.com   8 Sep 2019

The company, which has been in the news recently for all the wrong reasons, maintains that it was forced to rationalise the staff strength as improvements in technology resulted in certain redundancies in customer, merchant and delivery partner support teams.