Dev Chatterjee &Amp;Amp; Kalpana Pathak

Stories by Dev Chatterjee &Amp;Amp; Kalpana Pathak

RIL loses interest in city gas distribution

RIL loses interest in city gas distribution

Rediff.com   16 Jul 2013

Reliance Gas, which had successfully bid for three cities -- Rajahmundry in Andhra Pradesh, Shahdol in Madhya Pradesh and Yanam in Pondicherry -- during the second round of bidding for CGD in 2009.

Hotels plan to switch back to dollar rates for foreigners

Hotels plan to switch back to dollar rates for foreigners

Rediff.com   10 Jul 2013

Over 60-70% of the guests at five-star hotels are foreigners. However, hotels say, if dollar remains at this level, the mix could change.

Oil India in talks to buy stake in Petroceltic's Algerian asset

Oil India in talks to buy stake in Petroceltic's Algerian asset

Rediff.com   2 Jul 2013

Petroceltic is headquartered in Dublin with offices in Edinburgh, London, Algiers, Varna, Cairo and Rome.

Investment bankers face rough weather

Investment bankers face rough weather

Rediff.com   1 Jul 2013

No respite in sight as not many big deals, initial public offerings in pipeline.

Gas price hike soothes industry's nerves

Gas price hike soothes industry's nerves

Rediff.com   29 Jun 2013

Reason behind for the change in his stance: gas price increase.

Why Videocon is applying for a banking licence

Why Videocon is applying for a banking licence

Rediff.com   26 Jun 2013

We are serious about setting up a bank and use the parent branding that is a household name in India, says Venugopal Dhoot.

Tata Steel may sell stake in group cos to Tata Sons

Tata Steel may sell stake in group cos to Tata Sons

Rediff.com   25 Jun 2013

Needs funds for Odisha plant expansion, to cut high debt.

I-T dept slaps Rs 30-cr service tax notice on Amity

I-T dept slaps Rs 30-cr service tax notice on Amity

Rediff.com   24 Jun 2013

The notice also said service tax amounting to Rs 28.08 crore (Rs 280.8 million), in addition to education cess of Rs 56 lakh and secondary and higher education cess of Rs 28 lakh (Rs 2.8 million) for the period between October 2007 and September 2012, should be recovered from Amity under the provision to sub-section 1 of section 73 of the Finance Act.

Rupee fall to hit some of India Inc's leading lights

Rupee fall to hit some of India Inc's leading lights

Rediff.com   22 Jun 2013

Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.

Adani to launch $2-billion dollar bonds

Adani to launch $2-billion dollar bonds

Rediff.com   21 Jun 2013

Issue in two months for Australian projects; group to invest another $15 billion in infrastructure projects by 2020.

Mukesh Ambani's port, power firms get ready for big boom

Mukesh Ambani's port, power firms get ready for big boom

Rediff.com   18 Jun 2013

The two companies have approached banks to raise up to Rs 8,000 crore as debt to fund their expansion plans.

Rupee crash: MNCs advised to raise stakes in Indian arms

Rupee crash: MNCs advised to raise stakes in Indian arms

Rediff.com   11 Jun 2013

Some investment bankers expect the Indian currency to touch 60-65 by the end of the year

Reliance retail units set for merger

Reliance retail units set for merger

Rediff.com   6 Jun 2013

Reliance Industries Limited (RIL) is set to carry out a major restructuring exercise. Nine of its retail units would be merged with Reliance Retail and Reliance Fresh.

Maruti saves Rs 354 crore in 2012-13 with employee help

Maruti saves Rs 354 crore in 2012-13 with employee help

Rediff.com   2 Jun 2013

The company adopted the scheme from parent Suzuki, where employees are rewarded for making suggestions to improve productivity and cut wastage.

Rangarajan's formula to BENEFIT Reliance: Ex-Secretary

Rangarajan's formula to BENEFIT Reliance: Ex-Secretary

Rediff.com   29 May 2013

The price would increase from $4.2/mbtu to $10/mbtu if Rangarajan formula is accepted.

IndianOil plans Rs 11,000-cr capex for this year

IndianOil plans Rs 11,000-cr capex for this year

Rediff.com   28 May 2013

A large part of this investment, about Rs 5,000 crore (Rs 50 billion), would go to the Paradip refinery

Branded fuels stop flowing

Branded fuels stop flowing

Rediff.com   27 May 2013

Oil marketing companies decrease distribution & production of fuel brands after huge drop in demand.

UB Group takes lenders to court

UB Group takes lenders to court

Rediff.com   27 May 2013

SBI says recovery process on as no court stay yet.

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.