BS Reporter In New Delhi And Mumbai

Stories by BS Reporter In New Delhi And Mumbai

Unions protest decision to grant new banking licences

Unions protest decision to grant new banking licences

Rediff.com   8 Apr 2014

AIBEA said that on April 19 its officer bearers would meet in Punjab to decide the next course of action.

Online retail swells to $12.6 bn, with one million traders

Online retail swells to $12.6 bn, with one million traders

Rediff.com   4 Apr 2014

Online retail in India touched $12.6 billion in 2013.

Novartis sues Biocon for patent breach

Novartis sues Biocon for patent breach

Rediff.com   4 Apr 2014

The multinational has filed infringement proceedings and is seeking an injunction against the Indian rival at the Delhi High Court, trying to block the Bangalore-based biotechnology firm from launching a generic version of Galvus, also known as vildagliptin.

Another high-level exit at SpiceJet

Another high-level exit at SpiceJet

Rediff.com   4 Apr 2014

His exit is yet another example of a churn in the company's senior management, which saw fresh appointments in finance, commercial and sales division.

Bank licence: India Inc surprised by rejection, to re-apply

Bank licence: India Inc surprised by rejection, to re-apply

Rediff.com   3 Apr 2014

The Birlas are investing $100 million in the financial services business in fiscal beginning April 1.

Toyota workers on hunger strike

Toyota workers on hunger strike

Rediff.com   3 Apr 2014

Two office-bearers of the Toyota Kirloskar Motor Employees Union and eight other employees are staging the strike. Simultaneously, about 1,000 employees, registered with the TKMEU, staged a dharna at the factory gate from 10 am to 6 pm on Wednesday.

Rupee likely to appreciate, yields might fall

Rupee likely to appreciate, yields might fall

Rediff.com   31 Mar 2014

Dollar flows in domestic markets are expected to continue but state-run banks are seen mopping the flows to boost RBI's foreign exchange kitty.

IBM to invest $100 mn globally for new consulting model

IBM to invest $100 mn globally for new consulting model

Rediff.com   30 Mar 2014

As part of this expansion plan, IBM will hire 1,000 employees across the globe to create new models of engagement through data and design.

After dissolving top body, Infy to have 9 exec officers

After dissolving top body, Infy to have 9 exec officers

Rediff.com   29 Mar 2014

Top decision-making body, executive council, will be dissolved on April 1.

Coal scam: A chargesheet, FIRs and closure reports

Coal scam: A chargesheet, FIRs and closure reports

Rediff.com   28 Mar 2014

After a year and a half of investigation, the agency has failed to name any public official involved in the scam.

Kotak Mahindra launches social bank account Jifi

Kotak Mahindra launches social bank account Jifi

Rediff.com   27 Mar 2014

Jifi is a zero-interest current account with no minimum balance conditions, and can be opened with an initial payment of Rs 5,000.

North India more vulnerable to El Nino, says Skymet chief

North India more vulnerable to El Nino, says Skymet chief

Rediff.com   26 Mar 2014

An El Nino is a temporary change in the climate of the Pacific Ocean, in the region around the equator.

MH-370 crash: Insurance cos are liable to pay the full sum

MH-370 crash: Insurance cos are liable to pay the full sum

Rediff.com   25 Mar 2014

Aircraft that are lost and their debris aren't found are also covered under the 'disappearance' clause in an aviation insurance policy.

Toyota lockout lifted but workers refuse to sign undertaking

Toyota lockout lifted but workers refuse to sign undertaking

Rediff.com   25 Mar 2014

When the workers returned to work for the 6 am shift on Monday morning, the management insisted each employee sign an undertaking, but the workers refused to do so.

Infosys may see more senior exits: Ambit

Infosys may see more senior exits: Ambit

Rediff.com   22 Mar 2014

Nandita Gurjar, Sanjay Purohit and Gautam Thakkar among "potential exit candidates".

Nokia may run Chennai plant on contract for Microsoft

Nokia may run Chennai plant on contract for Microsoft

Rediff.com   16 Mar 2014

The decision to shut down the Chennai plant will reduce valuation of Nokia for Microsoft

Ranbaxy says drugs sold in India safe

Ranbaxy says drugs sold in India safe

Rediff.com   16 Mar 2014

The PIL , filed by advocate M L Sharma, sought action against Ranbaxy for allegedly supplying substandard and adulterated drugs

Survey says fraud rising, especially in public sector

Survey says fraud rising, especially in public sector

Rediff.com   13 Mar 2014

About 40 per cent of respondents felt fraud had gone up in India, while 67 per cent said the new Act would improve governance.

CBI registers preliminary inquiries against ICICI Lombard

CBI registers preliminary inquiries against ICICI Lombard

Rediff.com   13 Mar 2014

Sources said the Insurance Regulatory and Development Authority's vigilance department was looking into these complaints and had carried out inspections in this regard.

Coal scam: File chargesheets by March 28, SC tells CBI

Coal scam: File chargesheets by March 28, SC tells CBI

Rediff.com   11 Mar 2014

The investigative agency wanted four weeks, arguing some more investigation has to be carried out in the case.