Dev Chatterjee, Aneesh Phadnis And Shine Jacob

Stories by Dev Chatterjee, Aneesh Phadnis And Shine Jacob

Are signs of economic green shoots really visible?

Are signs of economic green shoots really visible?

Rediff.com   29 Jul 2020

Mumbai traffic, mobile internet speeds, and grocery and pharmacy visits are all showing lower numbers for the latest week.

Covid blues: Data surge, 4G transition save telcos

Covid blues: Data surge, 4G transition save telcos

Rediff.com   28 Jul 2020

Among other segments, home broadband subscriptions have picked up and the virtual private network service, too, increased by around 15 per cent.

India Inc's deal activity at 6-year low

India Inc's deal activity at 6-year low

Rediff.com   28 Jul 2020

Reliance Industries, which sold stake worth $21.7 billion in Jio Platforms, kept the league tables moving in spite of the pandemic.

Ratan Tata to India Inc on layoffs: 'Your definition of ethics?'

Ratan Tata to India Inc on layoffs: 'Your definition of ethics?'

Rediff.com   24 Jul 2020

'These are the people that have worked for you. These are the people who have served you all their careers. You send them out to live in the rain. Is that your definition of ethics when you treat your labour force that way?' the titan asks.

Will Jet Airways find its wings once again?

Will Jet Airways find its wings once again?

Rediff.com   22 Jul 2020

A consortium - comprising Imperial Capital, Flight Simulation Technique Centre, and Big Charter - have placed a bid for Jet, while the other consortium is led by Kalorck Capital.

Debt resolution process: Bankers fret over spike in consultants' bills

Debt resolution process: Bankers fret over spike in consultants' bills

Rediff.com   20 Jul 2020

Bankers say debt resolution bills are coming high as resolution professionals are giving the human resources and audit/legal consulting to outside firms to plug all the loopholes.

Why did Iran eject India from port, oil field deals?

Why did Iran eject India from port, oil field deals?

Rediff.com   16 Jul 2020

Iran's growing proximity to China may have also played a part.

Will private railway services be a reality by 2023?

Will private railway services be a reality by 2023?

Rediff.com   16 Jul 2020

Under the plan, there will be 151 private trains covering 109 routes which may entail investments worth Rs 30,000 crore.

Will bullet train start running from 2023?

Will bullet train start running from 2023?

Rediff.com   14 Jul 2020

Apart from land acquisition, another major cause for concern before the project is cost escalation owing to a fall in the rupee against the Japanese yen.

GVK default may singe group firms

GVK default may singe group firms

Rediff.com   13 Jul 2020

The rating was downgraded despite 25 per cent held by stronger partner Indian Hotels, which operates the company's seven properties in India.

Govt explores options to fund Udan scheme

Govt explores options to fund Udan scheme

Rediff.com   13 Jul 2020

While there is no concrete proposal as of now, possible options include raising funds through securitisation of ticket levy and reduction in number of subsidised seats on routes with higher demand.

How fuel prices have risen under Modi regime

How fuel prices have risen under Modi regime

Rediff.com   13 Jul 2020

Despite a massive decline in crude oil prices since 2012 -- Modi has been prime minister in six of these eight years -- petrol in Delhi has become 10 per cent costlier and diesel 97 per cent, as of July 2.

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Rediff.com   13 Jul 2020

Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.

CBI case may be GVK chief's biggest test yet

CBI case may be GVK chief's biggest test yet

Rediff.com   10 Jul 2020

Real estate development on Mumbai airport land and the work on Navi Mumbai airport have been inordinately delayed, which have prompted rating downgrades and raised questions on its financial capabilities. It is also trying to stave off Adani group's entry as a shareholder in the Mumbai airport project.

Free LPG reaches only 50% beneficiaries, shows govt data

Free LPG reaches only 50% beneficiaries, shows govt data

Rediff.com   10 Jul 2020

Given that the target was to reach 80.34 million families under PMUY - within three months starting April 1 - the government should have distributed at least 241.02 million cylinders by the end of June. It actually ended up distributing only 119.7 million cylinders.

IOC beats lockdown blues, resumes works on projects

IOC beats lockdown blues, resumes works on projects

Rediff.com   9 Jul 2020

These mega projects, worth about Rs 1 trillion, would boost the economy, ensure smooth supply of petroleum products across the nation and also provide the much-needed relief to people looking to get back to work after the lockdown.

IOC launches winter-grade diesel for troops in Ladakh

IOC launches winter-grade diesel for troops in Ladakh

Rediff.com   4 Jul 2020

Looking into the current situation on the China boarder, IOC has stocked up enough winter-grade fuel for the region. With army movements increasing, the demand for this fuel is expected to increase multifold from the 350 metric tonnes last winter.

Expertspeak: How Hinduja fracas can be resolved

Expertspeak: How Hinduja fracas can be resolved

Rediff.com   3 Jul 2020

While the Hinduja brothers - Gopichand, Prakash, and Ashok Hinduja - did not indicate any move to begin talks with Vinoo Hinduja, top Indian lawyers said mediation would help both sides considering that the letter signed by the four brothers cannot trump other legal documents and challenge the validity of a registered will of SP Hinduja.

India Inc on war footing to cut costs, conserve cash

India Inc on war footing to cut costs, conserve cash

Rediff.com   29 Jun 2020

The first spending item on the chopping block is capital expenditure, followed by operating costs and overheads, including sales and marketing expenses.

Jet Airways' Mumbai office sold for Rs 490 cr

Jet Airways' Mumbai office sold for Rs 490 cr

Rediff.com   27 Jun 2020

Brookfield Asset Management will pay around Rs 29,000 per square foot for the 170,000 square feet of space in Jet Airways' two-floor office in Bandra Kurla Complex.