Dev Chatterjee &Amp; Raghuvir Badrinath In Mumbai

Stories by Dev Chatterjee &Amp; Raghuvir Badrinath In Mumbai

Indian companies facing the heat in foreign acquisitions

Indian companies facing the heat in foreign acquisitions

Rediff.com   15 May 2013

Many top firms have had to write down their investments, as the value of those have collapsed due to sluggish biz conditions.

Labour shortage for India Inc projects

Labour shortage for India Inc projects

Rediff.com   14 May 2013

CEOs point fingers at rural job guarantee and related govt welfare schemes; say mechanisation an increasingly viable option.

Sunil Mittal to step down from Unilever's board

Sunil Mittal to step down from Unilever's board

Rediff.com   13 May 2013

Lack of time was cited as the main reason for Bharti Chairman Sunil Mittal's exit from the Unilever board.

Telenor, Tata in alliance move

Telenor, Tata in alliance move

Rediff.com   8 May 2013

Merchant bankers appointed to explore options on merger or stake sale in Tata Teleservices.

Foreign investors betting big on Indian consumers

Foreign investors betting big on Indian consumers

Rediff.com   6 May 2013

However, foreign investors have completely shunned the infrastructure sector.

Bharti may raise Rs 6,500 cr from foreign investors

Bharti may raise Rs 6,500 cr from foreign investors

Rediff.com   2 May 2013

Bharti was talking to Standard Chartered Bank and Citibank, among others, to manage the issue.

Diageo will have to wait for United Spirits stake

Diageo will have to wait for United Spirits stake

Rediff.com   30 Apr 2013

However, even after finalising the multi-pronged cross-border Rs 11,165-crore deal in November 2012, Diageo's wait for acquiring a decent stake in India's leading whisky maker, United Spirits, seems to be getting longer and longer.

Why professionally-managed firms have reasons to smile

Why professionally-managed firms have reasons to smile

Rediff.com   28 Apr 2013

These companies gave annualised returns of 11% on an average in the last five years, while shareholders of family-owned companies saw 5% annualised erosion

Coffee Day Group readies $100 mn PE fund raise

Coffee Day Group readies $100 mn PE fund raise

Rediff.com   23 Apr 2013

Coffee Day Group, which runs businesses from coffee cafes to wealth management to furniture to logistics, is understood to be readying the stage for a possible $100-million fund raise through the private equity route.

Gold loan firms swing into action as prices fall

Gold loan firms swing into action as prices fall

Rediff.com   19 Apr 2013

These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.

Trusts can select, remove Tata Sons chairmen

Trusts can select, remove Tata Sons chairmen

Rediff.com   11 Apr 2013

These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.

Birla, Vedanta in race for Canada-based miner

Birla, Vedanta in race for Canada-based miner

Rediff.com   16 Mar 2013

The mining major is selling the company to reduce its debt.

Vedanta advised to acquire London's Cairn Energy

Vedanta advised to acquire London's Cairn Energy

Rediff.com   11 Mar 2013

Cairn Energy Plc, which has 50 production blocks across the world, holds 10% in Cairn India.

PSUs not floating in cash any more

PSUs not floating in cash any more

Rediff.com   8 Mar 2013

Most have seen decline in cash reserves and deterioration in financial ratios in recent years.

Backed by PEs, Pandit may invest in a new bank

Backed by PEs, Pandit may invest in a new bank

Rediff.com   7 Mar 2013

Citigroup's former chief executive officer, Vikram Pandit, might be joining the race to become a co-applicant for a banking licence in India.

After Budget, CEOs clamour for interest rate cut

After Budget, CEOs clamour for interest rate cut

Rediff.com   4 Mar 2013

An interest rate cut, at a time when demand was not showing any sign of revival, would boost sentiments, especially for interest-rate sensitives like the car and real estate sectors, which had been showing negative growth, a majority of the 15 CEOs polled by Business Standard said.

LG India gets tax demand on high advertising spend

LG India gets tax demand on high advertising spend

Rediff.com   25 Feb 2013

Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.

RedBus eyes $20 mn via PE route

RedBus eyes $20 mn via PE route

Rediff.com   21 Feb 2013

The company, started by three BITS Pilani graduates in 2005, could be planning to aggressively scale up its business to tap the untapped potential that the bus-booking service offers in India.

United Spirits' bet on Whyte & Mackay to pay off

United Spirits' bet on Whyte & Mackay to pay off

Rediff.com   20 Feb 2013

For the first nine months of the current financial year, net sales rose by close to 37 per cent to Rs 1,470 crore (Rs 14.7 billion( over the previous corresponding period, while operating profit increased by another 37 per cent to Rs 322 crore (Rs 3.22 billion).

'Vedanta will double earnings to $12-13 bn in 2-3 years'

'Vedanta will double earnings to $12-13 bn in 2-3 years'

Rediff.com   19 Feb 2013

Interview with chairman, Vedanta.