Dev Chatterjee, Aneesh Phadnis And Shine Jacob

Stories by Dev Chatterjee, Aneesh Phadnis And Shine Jacob

Vodafone Idea hikes tariff as it struggles to pay dues

Vodafone Idea hikes tariff as it struggles to pay dues

Rediff.com   2 Dec 2020

The latest move, even if it is symbolic, is the first rate hike after the one announced end of 2019.

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Rediff.com   1 Dec 2020

NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.

Air freight stations planned to transport Covid vaccines

Air freight stations planned to transport Covid vaccines

Rediff.com   30 Nov 2020

The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.

'Sebi has given go ahead for RailTel IPO'

'Sebi has given go ahead for RailTel IPO'

Rediff.com   30 Nov 2020

'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'

Boeing Max 737 is set to fly again; DGCA to take a call soon

Boeing Max 737 is set to fly again; DGCA to take a call soon

Rediff.com   19 Nov 2020

SpiceJet is the only Boeing 737 MAX operator in India, with 13 aircraft of the type in its fleet and a total of 205 planes on order.

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Rediff.com   17 Nov 2020

Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them.

Why restarting operations won't be easy for Jet Airways

Why restarting operations won't be easy for Jet Airways

Rediff.com   3 Nov 2020

According to the resolution plan, the airline is planning to start with six to seven aircraft on domestic routes and looking to restart international service within six months of resuming operations.

Alliance Air to focus on cost control, phasing out of expat pilots

Alliance Air to focus on cost control, phasing out of expat pilots

Rediff.com   29 Oct 2020

Alliance Air, which is the largest regional airline, is currently operating 77 daily flights compared to 126 last year.

SpiceJet sea plane to take off on Saturday, one-way fare at Rs 1,500

SpiceJet sea plane to take off on Saturday, one-way fare at Rs 1,500

Rediff.com   29 Oct 2020

SpiceJet will operate two daily flights using wet leased Twin Otter aircraft from Maldivian Aero. PM Modi is expected to inaugurate and travel on first flight.

Finally, some good news for tourism sector

Finally, some good news for tourism sector

Rediff.com   25 Oct 2020

Goa, Kerala, Maldives and Dubai are among the popular destinations.

The Kerala minister who's fighting for states in GST Council

The Kerala minister who's fighting for states in GST Council

Rediff.com   23 Oct 2020

Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.

Covid-19: Zero cash flows force India Inc to sell assets

Covid-19: Zero cash flows force India Inc to sell assets

Rediff.com   22 Oct 2020

Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months.

For Jet Air staff, it's 'light at the end of the tunnel'

For Jet Air staff, it's 'light at the end of the tunnel'

Rediff.com   19 Oct 2020

Jet's staff strength stands whittled down to around 4,000, with many former employees having joined airlines in India and abroad.

Meet Murari Jalan, the new 'owner' of Jet Airways

Meet Murari Jalan, the new 'owner' of Jet Airways

Rediff.com   19 Oct 2020

His vision for Jet Airways is to operate the carrier as a full-service airline, both domestic and international.

Kalrock to invest Rs 1K crore as Jet readies to take wings

Kalrock to invest Rs 1K crore as Jet readies to take wings

Rediff.com   19 Oct 2020

The winning bid attracted over 99 per cent votes, with lenders overwhelmingly voting for a revival instead of recovery through liquidation.

How airports are going all out to please passengers

How airports are going all out to please passengers

Rediff.com   15 Oct 2020

These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.

Jet Airways revival decision after October 16

Jet Airways revival decision after October 16

Rediff.com   9 Oct 2020

Kalrock Capital-Murari Lal Jalan combine has emerged as the frontrunner. A consortium of Imperial Capital and FSTC is the other bidder.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com   8 Oct 2020

PNB has rich experience in the integration of commercial banks.

Delhi-Alwar rapid rail: India in talks for $3 bn funding

Delhi-Alwar rapid rail: India in talks for $3 bn funding

Rediff.com   7 Oct 2020

The project will be in three stages and sources indicate that the funding will be for the first stage of 107 kilometre from Sarai Kale Khan to SNB Urban Complex.

Newbies dream to become oil barons in limbo

Newbies dream to become oil barons in limbo

Rediff.com   3 Oct 2020

22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.