Arup Roychoudhury, Shine Jacob &Amp;Amp; Subhayan Chakraborty

Stories by Arup Roychoudhury, Shine Jacob &Amp;Amp; Subhayan Chakraborty

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Rediff.com   29 Sep 2020

Going by the current market cap of Rs 83,451.15 crore, 7.33 per cent stake in BPCL is expected to be valued around Rs 6,117 crore.

'It is a no-brainer that there will be a very sharp rebound next year'

'It is a no-brainer that there will be a very sharp rebound next year'

Rediff.com   29 Sep 2020

'The CEA suggested that could be as high as 19 per cent.'

FCRA challenge for foreign think tanks in India

FCRA challenge for foreign think tanks in India

Rediff.com   28 Sep 2020

Funding challenges are not limited to just one think tank. Several scholars say that access for conducting research and getting foreign funds has become a major hurdle for think tanks, with the government raising many questions regarding such inflows. As a result, many think tanks are keeping a low profile and becoming less prolific.

L&T, 2 mega consortia in race for India's first bullet train project

L&T, 2 mega consortia in race for India's first bullet train project

Rediff.com   24 Sep 2020

The first consortium includes Afcons Infrastructure, IRCON International and JMC Projects, while the second group of companies include NCC, Tata Projects and J. Kumar Infra Projects.

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Rediff.com   23 Sep 2020

The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.

Why LIC IPO is unlikely this fiscal

Why LIC IPO is unlikely this fiscal

Rediff.com   22 Sep 2020

A lot of work is needed to be done on the part of the insurance sector behemoth, and the government, before it is ready for its market debut.

India Inc's biz sentiment has recovered: CII survey

India Inc's biz sentiment has recovered: CII survey

Rediff.com   21 Sep 2020

It bounced back from the historic low of 41 recorded in the April-June quarter, during the initial days of the pandemic and lockdown.

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Rediff.com   19 Sep 2020

'The people, media and politicians are ready to listen to the troubles of Kangana Ranaut, but we are unwanted lives in the heart of Delhi.' Shine Jacob reports.

Railways to allow private players for bullet train projects

Railways to allow private players for bullet train projects

Rediff.com   18 Sep 2020

The projects - Delhi-Varanasi, Mumbai-Nagpur, Delhi-Ahmedabad, Chennai-Mysore, Delhi-Amritsar, Mumbai-Hyderabad, and Varanasi-Howrah - are expected to cost around Rs 10 trillion.

More bad news for India's manufacturing sector

More bad news for India's manufacturing sector

Rediff.com   17 Sep 2020

Exim Bank pointed out that recent performance of the manufacturing sector in India is indicative of an underlying inertia.

Govt's plan to enter e-retail still in limbo

Govt's plan to enter e-retail still in limbo

Rediff.com   15 Sep 2020

The background work of creating a suitable digital architecture of a website also remains unfinished as it has been a challenge to shortlist technology partners.

Prayagraj to house Indian Railways' ambitious freight programme

Prayagraj to house Indian Railways' ambitious freight programme

Rediff.com   15 Sep 2020

Built by the French railway technology company Alstom, it will host a 90-metre-long digital wall for train operation, said to be the second largest in Asia.

After 40% rise in Q1, capital expenditure dropped in July

After 40% rise in Q1, capital expenditure dropped in July

Rediff.com   8 Sep 2020

Almost all infrastructure ministries continued spending on capex throughout the lockdown, even as the Centre tried to maintain some semblance of economic normalcy.

BPCL privatisation move make workers jittery

BPCL privatisation move make workers jittery

Rediff.com   8 Sep 2020

Older workers are headed for the VRS exit in larger-than-expected numbers even as unrest stirs over unrevised wage settlements.

Railway Board restructuring gets green flag

Railway Board restructuring gets green flag

Rediff.com   4 Sep 2020

The board will now be headed by Vinod Kumar Yadav as chairman and CEO, and it will have four other members.

Q1 GDP data: Employment-creating sectors hit the most

Q1 GDP data: Employment-creating sectors hit the most

Rediff.com   2 Sep 2020

The sudden stop in economic activity led to a sharp decline in employment-intensive sectors like construction, manufacturing and trade, hotels, transport etc.

Changes in export policy can help India become $5 trillion economy

Changes in export policy can help India become $5 trillion economy

Rediff.com   27 Aug 2020

Created over the past 12-15 months, Niti's new Export Preparedness Index flagged the major intra-and inter-regional disparities in export infrastructure, problems in trade support and lack of unique exports as the main challenges hampering export growth.

Railways seeks private fund to develop Mumbai's CST station

Railways seeks private fund to develop Mumbai's CST station

Rediff.com   26 Aug 2020

The estimated cost of the project is around Rs 1,642 crore.

Gains in rail, traffic data signal revival

Gains in rail, traffic data signal revival

Rediff.com   18 Aug 2020

Rail

FinMin unlikely to take Covid-hit FY21 as a base for FY22 Budget

FinMin unlikely to take Covid-hit FY21 as a base for FY22 Budget

Rediff.com   14 Aug 2020

Instead, 2019-20 could be the base from which the Budget estimates for next year are calculated.