Avishek Rakshit

All stories by Avishek Rakshit

As financial crisis deepens, tea estates are up for sale

As financial crisis deepens, tea estates are up for sale

Rediff.com4 days ago

The root of the problem, according to industry officials, is the sudden stoppage of lines of credit to tea plantation companies.

Will anti-CAA protests help Mamata?

Will anti-CAA protests help Mamata?

Rediff.com14 Jan 2020

'When violence spread, it looked as if Mamata was losing control, but soon, she was able to contain the situation.' 'Now, the TMC stands to gain the most.'

In Bengal, CAA causes fissures amid BJP leaders

In Bengal, CAA causes fissures amid BJP leaders

Rediff.com13 Jan 2020

BJP leaders in the state are either lying low or criticising the CAA move in hushed tones. Chandra Kumar Bose, vice-president of the BJP's state unit, is most vocal with his opposition to the Act in the current form. "The country is above petty party politics. How can I keep quiet when I see that something is happening which is wrong in its current form?" Other party leaders aren't as vocal as Bose but clandestinely have been questioning the merit of the CAA and its impact on the BJP's prospects in the state. In fact, at a time when the BJP started making deep inroads in the state, the fear of the CAA and the NRC appears to be ruining its prospects.

Coming soon, the Lamborghini home in next six months

Coming soon, the Lamborghini home in next six months

Rediff.com21 Dec 2019

The family that used to make the legendary sports car wants to bring the same design panache to luxury flats.

Danone to enter new product categories with Protinex

Danone to enter new product categories with Protinex

Rediff.com9 Dec 2019

The company believes that Protinex's current powder form limits the scope of expanding the business and hence, diversification into new categories is essential for its growth.

Iran set to topple Russia as India's largest tea importer

Iran set to topple Russia as India's largest tea importer

Rediff.com5 Dec 2019

Under the trade agreement between India and Iran, the West Asian country can pay India in rupees for its imports against oil exports to India, which New Delhi pays for in Iranian rial.

Kolkata turns pink for day-night Test

Kolkata turns pink for day-night Test

Rediff.com23 Nov 2019

Kolkata sheds its white-blue nocturnal hue with pink ball day-night Test.

Canon mulls plants in India to hedge against US-China trade war

Canon mulls plants in India to hedge against US-China trade war

Rediff.com5 Sep 2019

Firm is conducting feasilbility studies on setting up units in 40 countries, will take final call based on global fallout of trade spat.

Burger King eyes highway pitstops as path to growth

Burger King eyes highway pitstops as path to growth

Rediff.com1 Sep 2019

The company plans to collaborate with stopover management consolidators, who will participate in the bids to develop food courts and rest areas along the highways. Such stopovers will house multiple restaurant brands, reports Avishek Rakshit.

HUL's Indulekha enters Rs 2,000-cr club

HUL's Indulekha enters Rs 2,000-cr club

Rediff.com26 Aug 2019

The haircare brand, acquired for Rs 330 crore, fetches HUL around Rs 400 cr of revenue annually.

A mega tea seller to invade India's kitchens soon

A mega tea seller to invade India's kitchens soon

Rediff.com2 Jul 2019

Madhu Jayanti's Rs 55-crore packet tea business so far is only in Maharashtra and Karnataka. After Eveready's tea business buyout, MJIL's tea production in India will increase from 2.4 million kg to 6.2 mkg and its income from branded tea sales will rise 53 per cent to Rs 198 crore this fiscal year itself. It will also be available in 14 states.

Mamata to skip NITI Aayog meet

Mamata to skip NITI Aayog meet

Rediff.com8 Jun 2019

BJP calls her a 'passive anti-national.'

BJP created 55,000 WhatsApp groups to take on Mamata

BJP created 55,000 WhatsApp groups to take on Mamata

Rediff.com4 Jun 2019

The saffron party's IT cell had realised the power of WhatsApp early in the day and wielded it to devastating effect in the Bengal elections.

Orthodox Hindu, tribal votes boost BJP's best Bengal tally

Orthodox Hindu, tribal votes boost BJP's best Bengal tally

Rediff.com24 May 2019

While the TMC was able to maintain its hold on the southern and coastal parts of the state, the BJP is doing well in the northern and western parts of the state, all predominantly tribal areas.

Bengal may cast ballot on religious lines for the first time

Bengal may cast ballot on religious lines for the first time

Rediff.com19 May 2019

The desecration of Vidyasagar's statue during Amit Anilchandra Shah's rally, which the TMC projected to be a 'Bhojpuri' and 'Dhokla' invasion on West Bengal's culture, may help her gain some favour with middle-class and erudite Bengalis in the last phase of the polls.

More trouble brewing for McLeod Russel

More trouble brewing for McLeod Russel

Rediff.com22 May 2019

As on March 31, 2019, while the promoter group's stake, including individual promoter shareholders as well as group investment firms, stood at 42.71 per cent, it fell to 38.39 per cent on Tuesday.

At 92, B M Khaitan quits as Eveready chief

At 92, B M Khaitan quits as Eveready chief

Rediff.com30 Apr 2019

The development comes at a time when Eveready is on the lookout for strategic investors, including a possible stake sale in its battery business.

'BJP will get 35% vote in Bengal'

'BJP will get 35% vote in Bengal'

Rediff.com29 Apr 2019

With a substantially weakened Left Front and the Congress, political observers say the anti-Trinamool vote will go to the BJP.

Navratna to be Emami's first Rs 1,000 crore brand

Navratna to be Emami's first Rs 1,000 crore brand

Rediff.com24 Apr 2019

The current Navratna portfolio consists the flagship Navratna Oil, Navratna Xtra Thanda Oil, Navratna Almond Cool Oil, Navratna Cool and Navratna Smart Cool.

World has a new largest private tea producer

World has a new largest private tea producer

Rediff.com22 Apr 2019

Over the past year, McLeod sold 21 gardens in India, reducing almost 32 million kg in production.

Why Bharat will fail to cheer India Inc in FY20

Why Bharat will fail to cheer India Inc in FY20

Rediff.com1 Apr 2019

Falling incomes and longer winter to translate into lower demand for at least some months.

Carvaan, a disruptor that changed Saregama's fortunes

Carvaan, a disruptor that changed Saregama's fortunes

Rediff.com17 Mar 2019

The once ailing Saregama is getting its mojo back. Bolstered by Carvaan, a portable digital audio player that turned out to be a disruptor, the company has chalked out an aggressive growth path. In an interview with Avishek Rakshit and Ishita Ayan Dutt, Sanjiv Goenka, bottom, chairman of RP-Sanjiv Goenka Group, talks about a road map, which includes taking Carvaan to the next level, launching more films on OTT platforms and getting back into Hindi film music production after a decade.

Pakistan out, tea firms eye other export markets

Pakistan out, tea firms eye other export markets

Rediff.com3 Mar 2019

Exporters are of the view that while direct exports to Pakistan will be nearly nil this month, and in the coming few months, alternative markets can be explored for exporting tea, which was originally meant for Pakistan.

As gardens stay shut tea firms suffer heavy losses

As gardens stay shut tea firms suffer heavy losses

Rediff.com31 Jan 2019

The quality of Indian tea had lately come under scrutiny in major export markets, due to the presence of pesticides and chemicals beyond permissible limits.

Tea Board blends AI, digital tech for that perfect cup of chai

Tea Board blends AI, digital tech for that perfect cup of chai

Rediff.com30 Jan 2019

Chai Sahay, an artificial intelligence-based mobile app, will be primarily used to issue advisory, disseminate information related to various schemes of the board for the sector as well as provide real-time weather updates, says Avishek Rakshit.

OYO's digitisation drive to help govt get guests' details

OYO's digitisation drive to help govt get guests' details

Rediff.com15 Jan 2019

The company has already put in place this digital register in Jaipur in Rajasthan and pilot projects are running in Haryana and Telangana

How ITC plans to hit Rs 1 trillion

How ITC plans to hit Rs 1 trillion

Rediff.com12 Jan 2019

'We are certainly open to inorganic opportunities to grow.'

What lies ahead for Brand Horlicks?

What lies ahead for Brand Horlicks?

Rediff.com11 Dec 2018

One of the oldest living brands in the country, Horlicks has been innovative in its approach, which helped it survive intense competition

Anju Seth, IIM-C's first woman director

Anju Seth, IIM-C's first woman director

Rediff.com17 Nov 2018

'She was the unanimous choice of the search-cum-selection committee.'

Ready your taste buds for ITC's milkshakes

Ready your taste buds for ITC's milkshakes

Rediff.com31 Oct 2018

ITC will also launch paneer shortly and is also working on cheese and Tetra Pak milk

Air India plans to raise Rs 250 crore from sale of 14 properties

Air India plans to raise Rs 250 crore from sale of 14 properties

Rediff.com2 Oct 2018

Air India's debt burden is estimated to be more than Rs 50,000 crore, besides huge accumulated losses.

Will 2Bme b the brand 4 U?

Will 2Bme b the brand 4 U?

Rediff.com30 Sep 2018

Shashwat Goenka of the RP-Sanjiv Goenka group plans a high-decibel campaign around its young apparel brand 2Bme.

Specialty teas become popular with Assam's growers

Specialty teas become popular with Assam's growers

Rediff.com8 Sep 2018

Sale of India's specialty tea varieties from exclusive estates in Assam and Arunachal Pradesh are on the rise in the domestic market, and sought after in overseas markets too.

Rule Britannia, again?

Rule Britannia, again?

Rediff.com2 Sep 2018

The firm, which traces its origin back to 1862 in a humble Kolkata bakery and its subsequent listing on the bourses in 1918, says that it now wants to grow "substantially" and not just rest on its laurels.

Hilsa, as it's cooked in Bengal's royal homes!

Hilsa, as it's cooked in Bengal's royal homes!

Rediff.com28 Aug 2018

Here's your opportunity to sample ilish dishes from the royal homes of Bengal, says Avishek Rakshit.

Why biscuit prices are likely to go up

Why biscuit prices are likely to go up

Rediff.com9 Aug 2018

In the past month, wheat prices have increased 6.3% as production is expected to be 1.5% lower, in terms of crop acreage, than the earlier estimate

As Britannia turns 100, it has a special gift for you

As Britannia turns 100, it has a special gift for you

Rediff.com7 Aug 2018

Besides launching 50 products with a refreshed logo, Britannia to issue bonus debentures of Rs 720 crore

Didi's mega campaign against Modi begins next month

Didi's mega campaign against Modi begins next month

Rediff.com22 Jul 2018

Mamata Banerjee predicts the BJP-led NDA will not get more than 150 seats in the next Lok Sabha election.

Whenever you see colour at Fifa World Cup 2018, think of Berger Paints

Whenever you see colour at Fifa World Cup 2018, think of Berger Paints

Rediff.com14 Jul 2018

Company's loss-making Russian arm painted three World Cup soccer venues, and two airports to break even this fiscal; Berger now mulls acquiring competing painting companies.

India's tea export and the Iran connection

India's tea export and the Iran connection

Rediff.com10 Jul 2018

Iran is India's largest importer of tea in value terms while in terms of volume, it is the second largest after Russia

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