Dev Chatterjee, Amritha Pillay &Amp;Amp; Ishita Ayan Dutt

Stories by Dev Chatterjee, Amritha Pillay &Amp;Amp; Ishita Ayan Dutt

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Rediff.com   4 Dec 2019

Shiv Sena has so far expressed concerns over car shed for the city's planned metro network, the bullet train and the West Coast refinery projects.

India Inc is hiring more contract workers these days

India Inc is hiring more contract workers these days

Rediff.com   25 Nov 2019

Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.

Why India Inc is unwilling to hire women

Why India Inc is unwilling to hire women

Rediff.com   22 Nov 2019

The lack of a strong diversity policy on the part of companies, a limited pool of women candidates as well as socio-cultural factors contribute to their low numbers.

If Voda-Idea goes belly-up, shareholders will lose Rs 1.68 trillion

If Voda-Idea goes belly-up, shareholders will lose Rs 1.68 trillion

Rediff.com   21 Nov 2019

Collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group.

The man trying to keep Jazz alive in Kolkata

The man trying to keep Jazz alive in Kolkata

Rediff.com   13 Nov 2019

A dedicated jazz club is just what Kolkata needed to get things going. And Skinny Mo's has announced its arrival to the enthusiastic city.

Patanjali's Rs 4,000-cr loan: Another big headache for banks

Patanjali's Rs 4,000-cr loan: Another big headache for banks

Rediff.com   6 Nov 2019

Despite sanctioning the loans, bankers are worried whether to disburse the loan because of absence of an investment grade rating.

India's economic slowdown will reverse in coming quarters: Mukesh Ambani

India's economic slowdown will reverse in coming quarters: Mukesh Ambani

Rediff.com   30 Oct 2019

Mukesh Ambani, who is in talks with Saudi Arabian oil giant Aramco to sell one-fifth of his oil-to-chemicals business in India for $ 15 billion, said the two countries have all factors to drive growth - technology, young demography, and leadership.

Refining margins may boost RIL's earnings

Refining margins may boost RIL's earnings

Rediff.com   16 Oct 2019

10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.

PMC Bank chairman's HDIL link runs really deep

PMC Bank chairman's HDIL link runs really deep

Rediff.com   4 Oct 2019

While Waryam Singh was a non-executive director at HDIL, he is listed as one of the promoters of the company and had relations, including shareholding, with several other entities controlled by the Wadhawans, the HDIL founders.

Should BMW buy JLR from Tata Motors?

Should BMW buy JLR from Tata Motors?

Rediff.com   19 Sep 2019

BMW is over-capitalised and is awash with cash and it could quickly lower JLR's investment costs and raise margins by leveraging its own platforms, powertrains, purchasing scale and quality control.

Gautam Thapar, three others banned from markets over CG Power fraud

Gautam Thapar, three others banned from markets over CG Power fraud

Rediff.com   18 Sep 2019

Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.

Yet another sign that economy is in bad shape

Yet another sign that economy is in bad shape

Rediff.com   11 Sep 2019

India Inc's investment project announcement falls to Rs 11.3 trillion. In the coming months, the pace of investments would depend on how soon consumption demand picks up and private sector investment ramps up investment in infrastructure.

Tata Steel to shut 2 UK sites; 400 jobs at stake

Tata Steel to shut 2 UK sites; 400 jobs at stake

Rediff.com   3 Sep 2019

The announcement evoked a sharp response from the UK and Ireland's largest trade union, Unite, which said it would fight for every job and demanded that there would be no compulsory redundancies from Tata Steel.

'Steel demand is expected to pick up in H2'

'Steel demand is expected to pick up in H2'

Rediff.com   26 Aug 2019

The escalating trade war between China and the US could be an opportunity for India.

Tata Sons AGM okays 1000% dividend payout

Tata Sons AGM okays 1000% dividend payout

Rediff.com   24 Aug 2019

The higher dividend will help Tata Trusts, which owns 67 per cent stake in Tata Sons, to invest in its charitable activities. The total dividend outgo will be Rs 404 crore.

Demand fall pushes Tata Steel to cut capex by Rs 4Kcr

Demand fall pushes Tata Steel to cut capex by Rs 4Kcr

Rediff.com   11 Aug 2019

The company's planned capex for 2019-2020, which was Rs 12,000 crore, has now been revised down to around Rs 8,000 crore.

Banks should pass on rate-cut benefits to spur investment, says India Inc

Banks should pass on rate-cut benefits to spur investment, says India Inc

Rediff.com   8 Aug 2019

CEOs have complained that high interest rates have blocked their investment decisions. At the same time, customers are also deferring their purchases for new consumer durables, cars, and homes.

Credit Suisse downgrades RIL to underperform

Credit Suisse downgrades RIL to underperform

Rediff.com   6 Aug 2019

The brokerage reduced its target price for the company to Rs 995 per share from Rs 1,350 apiece. Credit Suisse said RIL's liabilities increased from $19 billion to $65 billion in four years.

RIL looks to revive upstream biz

RIL looks to revive upstream biz

Rediff.com   5 Aug 2019

With two of its clusters - R-Series and Satellite Series - likely to start production in the next two years, the company looks to turn around production from this business.

Hurdles that the proposed IBC amendments face

Hurdles that the proposed IBC amendments face

Rediff.com   29 Jul 2019

While passing the scrutiny of courts is a tough challenge, with eight proposed amendments to the insolvency law, the government has sought to turn the focus back on at least some of the functions of the bankruptcy law.