Deepak Korgaonkar, Ishita Ayan Dutt &Amp; Ajay Modi

Stories by Deepak Korgaonkar, Ishita Ayan Dutt &Amp; Ajay Modi

'UK steel ops to break even by FY26'

'UK steel ops to break even by FY26'

Rediff.com   26 Aug 2025

'Due to tariff uncertainty, automotive customers reduced their steel uplift by almost 15 per cent.'

Will Language Politics Help Didi Win 4th Term?

Will Language Politics Help Didi Win 4th Term?

Rediff.com   14 Aug 2025

Will Mamata's bhasha andolan campaign sway Bengal's bhadralok before the 2026 election in the TMC's favour?

When Workplace Stress Turns Deadly

When Workplace Stress Turns Deadly

Rediff.com   13 Aug 2025

At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'

LIC's stock portfolio sees Rs 46,000 cr dent in July

LIC's stock portfolio sees Rs 46,000 cr dent in July

Rediff.com   5 Aug 2025

Life Insurance Corporation (LIC) , the country's largest domestic institutional investor (DII), has seen a Rs 46,000 crore erosion in the value of its equity holdings amid market downturns in July. The benchmark indices, Nifty 50 and BSE Sensex, have slipped 2.6 per cent from their June 2025-end level to 24,837 and 81,463.09 respectively.

India's Tea Giant Just Got British Roots

India's Tea Giant Just Got British Roots

Rediff.com   21 Jul 2025

For Luxmi, the Brew Tea deal ticks key boxes in its strategy, mainly, focusing on quality and branding.

Chandra says Tata Steel's UK ops will turn Ebitda-positive this year

Chandra says Tata Steel's UK ops will turn Ebitda-positive this year

Rediff.com   3 Jul 2025

Tata Steel's UK operations, which have largely been a struggle since the acquisition, are expected to turn earnings before interest, tax, depreciation, and amortisation (Ebitda)-positive this financial year (2025-26/FY26) and possibly profitable by the next. Responding to shareholder queries at Tata Steel's annual general meeting, Tata group chairman N Chandrasekaran said, "We expect the UK to perform much better this year compared to last year - it will definitely be Ebitda-positive."

Tagore Letters Fetch Rs 5.9 Cr

Tagore Letters Fetch Rs 5.9 Cr

Rediff.com   30 Jun 2025

'Most of Tagore's important correspondence is held in institutional archives. So offerings like this in the public domain are few and far between.'

Welfare over sops for industry: Mamata digs in ahead of polls

Welfare over sops for industry: Mamata digs in ahead of polls

Rediff.com   26 Jun 2025

'The chief minister believes the poorest of the poor have the first right on government resources.'

Nepalese tea takes the flavour out of Darjeeling tea

Nepalese tea takes the flavour out of Darjeeling tea

Rediff.com   27 May 2025

Competition from Nepalese teas -- which has duty free access to the Indian market -- has emerged as a lower-cost alternative to Darjeeling tea, challenging its viability.

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Rediff.com   22 May 2025

For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.

How ITC plans to build a future-ready portfolio

How ITC plans to build a future-ready portfolio

Rediff.com   6 May 2025

There remains a debate on who said this: "When the facts change, I change my mind. What do you do, Sir?" Was it the British economist John Maynard Keynes or the American economist Paul Samuelson. Irrespective of who said it, this sentiment appears to have found resonance in ITC's boardroom in recent years.

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Rediff.com   3 May 2025

The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.

No-contest clause in Ratan Tata's will raises questions on legal validity

No-contest clause in Ratan Tata's will raises questions on legal validity

Rediff.com   30 Apr 2025

The inclusion of a "no-contest" clause in Ratan Tata's will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.

JSW breaks ground for 1,600 Mw power plant in West Bengal

JSW breaks ground for 1,600 Mw power plant in West Bengal

Rediff.com   22 Apr 2025

Alongside the power plant, Chief Minister Banerjee also laid the foundation stone for JSW Industrial Park, which will be spread over 2,000 acres with plug-and-play infrastructure.

Tea exports hit new high, but rising imports a worry

Tea exports hit new high, but rising imports a worry

Rediff.com   8 Apr 2025

As India's tea exports reach their highest in years, a sharp rise in imports is raising concerns among producers. In 2024, India took the third spot in tea exports, pipping Sri Lanka after exporting 254.67 million kg (mkg) of tea, up from 231.69 mkg in 2023.

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com   2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com   26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com   19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

Growth jitters take a 'byte' out of TCS

Growth jitters take a 'byte' out of TCS

Rediff.com   27 Feb 2025

Shares of Tata Consultancy Services (TCS), the country's largest IT services provider, continue to remain under pressure, hitting a new eight-month low of Rs 3,624.90 intraday on Tuesday before closing at Rs 3,631, down 1.19 per cent. In the past two trading sessions, the stock price has declined 4 per cent on fears of a slowing US economy.

Mamata Ready To Take On BJP For 2026

Mamata Ready To Take On BJP For 2026

Rediff.com   27 Feb 2025

The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.