Dev Chatterjee And M Saraswathy

Stories by Dev Chatterjee And M Saraswathy

Revival some time away for life insurers

Revival some time away for life insurers

Rediff.com   23 Apr 2013

In the April 2012-February 2013 period, the life sector's industry's new business premium collections fell 6.1 per cent, compared to the corresponding period of the previous financial year.

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%.

Auto worker unions put grit in the gears

Auto worker unions put grit in the gears

Rediff.com   19 Apr 2013

The issues unions have been pursuing aggressively include forced suspensions, flexible work conditions, recognition of a union and salary parity for contract workers.

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.

Non-life insurers look at more premium increase

Non-life insurers look at more premium increase

Rediff.com   2 Apr 2013

Though exposure draft proposed 35-60% hike, Irda raised it only 19%.

Air India deals stuck in land titles

Air India deals stuck in land titles

Rediff.com   21 Mar 2013

LIC had evinced interest to purchase the land at Baba Kharak Singh Marg at around Rs 800 crore.

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.

Uncertain demand may change IT's hiring pattern

Uncertain demand may change IT's hiring pattern

Rediff.com   8 Mar 2013

Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.

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.

Sebi and Irda clash again

Sebi and Irda clash again

Rediff.com   27 Feb 2013

The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.

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.

Complex agenda for new insurance regulator chief

Complex agenda for new insurance regulator chief

Rediff.com   21 Feb 2013

Priority will be to maintain a balance between sector's growth and consumer welfare.

'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.

Insurance sector looking for remunerative tax sops

Insurance sector looking for remunerative tax sops

Rediff.com   14 Feb 2013

Aim is to boost sales volumes and increase penetration.

LIC investment touches Rs 14.8 lakh crore in Dec

LIC investment touches Rs 14.8 lakh crore in Dec

Rediff.com   13 Feb 2013

According to a presentation by LIC to Parliament standing committee on finance, total investment at the end of March 31, 2012 was Rs 13.49 lakh crore or Rs 13.49 trillion.

Budget 2013: India Inc faces 'M&A tax'

Budget 2013: India Inc faces 'M&A tax'

Rediff.com   13 Feb 2013

Guarantees given to overseas arms under I-T scanner.

After Shell, Hindalco faces transfer pricing tax notice

After Shell, Hindalco faces transfer pricing tax notice

Rediff.com   11 Feb 2013

Claim could be over fee for guarantees given for loans to acquire Novelis.