Dev Chatterjee, Abhijit Lele

Stories by Dev Chatterjee, Abhijit Lele

SBI to raise global biz share to 25% in 3 years

SBI to raise global biz share to 25% in 3 years

Rediff.com   8 Sep 2014

SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.

RBI begins review of Jan Dhan rollout

RBI begins review of Jan Dhan rollout

Rediff.com   5 Sep 2014

A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district.

I have enough liquidity to look after growth needs, assures SBI chief

I have enough liquidity to look after growth needs, assures SBI chief

Rediff.com   5 Sep 2014

In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.

Banks seek stricter norms for reporting on wilful defaulters

Banks seek stricter norms for reporting on wilful defaulters

Rediff.com   28 Aug 2014

Banks, through the Indian Banks' Association, have urged RBI and credit information companies to maintain a database of wilful defaulters.

Ahead of festive season, banks cut big-ticket home loan rates

Ahead of festive season, banks cut big-ticket home loan rates

Rediff.com   27 Aug 2014

SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000

SC verdict on coal blocks worries bankers

SC verdict on coal blocks worries bankers

Rediff.com   26 Aug 2014

These numbers show overall exposure and are not a reflection that all loans are going to be impacted.

SC order on coal blocks: Rs 2-lakh-crore investments at stake

SC order on coal blocks: Rs 2-lakh-crore investments at stake

Rediff.com   26 Aug 2014

CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.

Reliance Retail tweaks funding strategy

Reliance Retail tweaks funding strategy

Rediff.com   24 Aug 2014

Reliance Retail would be exposed to implementation and execution risks in its expansion plans.

We have cut costs to strengthen margins: Novelis

We have cut costs to strengthen margins: Novelis

Rediff.com   22 Aug 2014

Hindalco has done very well with Rs 900 crore (Rs 9 billion) of ebidta in June quarter.

Aditya Birla Group looks to exit Aroon Purie's Living Media

Aditya Birla Group looks to exit Aroon Purie's Living Media

Rediff.com   18 Aug 2014

BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm

Adani has a 90-day dream run

Adani has a 90-day dream run

Rediff.com   15 Aug 2014

The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr

Adani plans to sell Australian coal terminal for $2 billion

Adani plans to sell Australian coal terminal for $2 billion

Rediff.com   11 Aug 2014

Sale at acquisition price may have been prompted by slow coal traffic and fall in prices.

Syndicate Bank brass in damage control

Syndicate Bank brass in damage control

Rediff.com   7 Aug 2014

The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.

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.

TCS raising Rs 4,000 crore via commercial paper

TCS raising Rs 4,000 crore via commercial paper

Rediff.com   26 Jul 2014

Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.

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.