Dev Chatterjee &Amp; Sounak Mitra

Stories by Dev Chatterjee &Amp; Sounak Mitra

LIC questions Cairn's $1.25-bn loan to parent

LIC questions Cairn's $1.25-bn loan to parent

Rediff.com   4 Aug 2014

Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.

Reliance open to 30% stake sale in Jio

Reliance open to 30% stake sale in Jio

Rediff.com   31 Jul 2014

The company will wait for sizeable user base for better valuation.

Trai proposals won't benefit RJio, RCom

Trai proposals won't benefit RJio, RCom

Rediff.com   23 Jul 2014

The Telecom Regulatory Authority of India (Trai) has given its recommendations on the much-awaited issue of spectrum sharing.

Tata Sons' FY14 profit falls 18% on higher costs, other expense

Tata Sons' FY14 profit falls 18% on higher costs, other expense

Rediff.com   22 Jul 2014

Provisioning for bad investments, finance costs shoot up in FY14.

Now, it's easier for India Inc to get dividends from abroad

Now, it's easier for India Inc to get dividends from abroad

Rediff.com   15 Jul 2014

Budget 2014-15 has done away with the tax sunset clause of March 2014.

RCom to raise Rs 5,000 cr by selling real estate

RCom to raise Rs 5,000 cr by selling real estate

Rediff.com   3 Jul 2014

The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.

Tata Sons pledges TCS shares for Docomo deal

Tata Sons pledges TCS shares for Docomo deal

Rediff.com   1 Jul 2014

In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.

Kumar Birla tightening grip over B K Birla companies

Kumar Birla tightening grip over B K Birla companies

Rediff.com   30 Jun 2014

The company had appointed a three-member committee of directors to implement the changes.

Cigarettes get costlier by 44%

Cigarettes get costlier by 44%

Rediff.com   28 Jun 2014

Health Minister Harsh Vardhan's recent request to Finance Minister Arun Jaitley - for an increase in tax on cigarettes from 45 per cent to 60 per cent in the coming Budget - seems to have had a serious impact on cigarette smokers' pockets.

In India, social networks get users, not money

In India, social networks get users, not money

Rediff.com   22 Jun 2014

Facebook, LinkedIn, Twitter had 160 mn users but made less than Rs 100 cr in 2012-13

Promoters cash in on bull run to get their pledged shares released

Promoters cash in on bull run to get their pledged shares released

Rediff.com   13 Jun 2014

Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.

Mallya to remain chairman of MCF board even after sell off

Mallya to remain chairman of MCF board even after sell off

Rediff.com   22 May 2014

The agreement says UB Group and Adventz will have the right of first refusal over each other's shares.

The puzzle of India's lack of manufacturing job growth

The puzzle of India's lack of manufacturing job growth

Rediff.com   21 May 2014

Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.

CEOs, lawyers want action on 'tax terrorism'

CEOs, lawyers want action on 'tax terrorism'

Rediff.com   19 May 2014

Chanda Kochhar, managing director of ICICI Bank, says the new government must take effective action bringing clarity around tax laws.

When in India, MNCs serve as Indians do

When in India, MNCs serve as Indians do

Rediff.com   16 May 2014

However, international fast-food chains have had to change this business model completely, to adapt to Indian preferences.

Looking for a job? Try the telecom sector

Looking for a job? Try the telecom sector

Rediff.com   3 May 2014

Indian telecom seems to be getting back on its feet.

Why is ability of Indian cos to generate profit declining?

Why is ability of Indian cos to generate profit declining?

Rediff.com   30 Apr 2014

Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.

Tata Tele may look to merge with rival, sell Viom stake

Tata Tele may look to merge with rival, sell Viom stake

Rediff.com   28 Apr 2014

The company needs Rs 2,000 crore more in 2 years to repay debt.

Tech edge may help BSE regain market share; IPO likely by year-end

Tech edge may help BSE regain market share; IPO likely by year-end

Rediff.com   28 Apr 2014

BSE has brought in the new technology from Deutsche Bourse.

Indian handset companies import most of their devices

Indian handset companies import most of their devices

Rediff.com   28 Apr 2014

Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.