Dev Chatterjee, Aneesh Phadnis And Shine Jacob

Stories by Dev Chatterjee, Aneesh Phadnis And Shine Jacob

Mukesh Ambani's personal firms also selling assets to cut debt

Mukesh Ambani's personal firms also selling assets to cut debt

Rediff.com   6 May 2019

Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.

Anil Ambani's Reliance group slams Rahul Gandhi for his 'malicious lies'

Anil Ambani's Reliance group slams Rahul Gandhi for his 'malicious lies'

Rediff.com   6 May 2019

Rahul has singled out Anil Ambani several times for winning the Rafale defence contract from the Narendra Modi government, alleging favouritism and corruption.

'Congress is not serious about its fight against BJP'

'Congress is not serious about its fight against BJP'

Rediff.com   5 May 2019

'The Congress's arrogance and unrealistic claims have weakened the anti-BJP movement at the national level.'

Delta returns to India; to fly non-stop between New York, Mumbai

Delta returns to India; to fly non-stop between New York, Mumbai

Rediff.com   2 May 2019

Delta said the airline will operate a Boeing 777-200 LR aircraft with a three-class configuration on the route and will offer passengers wi-fi connectivity and free mobile messaging.

How Anil Ambani can revive his group's fortune

How Anil Ambani can revive his group's fortune

Rediff.com   2 May 2019

More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.

Jet board members liable for the crisis

Jet board members liable for the crisis

Rediff.com   2 May 2019

Independent directors were supposed to safeguard the interest of all stakeholders.

Jet urges govt to protect international traffic rights

Jet urges govt to protect international traffic rights

Rediff.com   29 Apr 2019

Jet has been operating on international routes since 2004, being the first private airline to do so in decades, after it launched a Chennai-Colombo service in March that year.

Low demand dents Ola, Uber's plans for parking space at rail stations

Low demand dents Ola, Uber's plans for parking space at rail stations

Rediff.com   24 Apr 2019

The investments by Uber and Ola included setting up kiosks, incentivising drivers for parking at the railway stations, and payments to the Indian Railways.

Why India's forex kitty is all set to swell

Why India's forex kitty is all set to swell

Rediff.com   24 Apr 2019

Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.

Grounded due to Jet crisis? Know more

Grounded due to Jet crisis? Know more

Rediff.com   23 Apr 2019

Ticket refunds remain a challenge, though Jet claims the amount would be credited in 7 to 10 working days after the request is processed.

Why corporate credit may grow in next few quarters

Why corporate credit may grow in next few quarters

Rediff.com   22 Apr 2019

With average capacity utilisation now touching 76 per cent, Indian companies are going back to the drawing board to add capacity but the plans to build new factories and plants are still some months away.

Kuwait's Jazeera Airways keen to spread its wings in Indian skies

Kuwait's Jazeera Airways keen to spread its wings in Indian skies

Rediff.com   18 Apr 2019

Jazeera Airways started flying to India 18 months ago, servicing Ahmadabad, Delhi, Hyderabad, Kochi and Mumbai.

Jet Airways flyers grapple with late refunds, soaring airfares

Jet Airways flyers grapple with late refunds, soaring airfares

Rediff.com   16 Apr 2019

The sudden massive cancellations of Jet have put travel agents and customers in jeopardy

Jet may get Rs 1000 cr lifeline on Monday

Jet may get Rs 1000 cr lifeline on Monday

Rediff.com   14 Apr 2019

The money is expected to be disbursed by the lenders consortium led by SBI after the Jet management submits an operational plan on how it intends to use the money till May 7.

Major churn among top ranks at Vedanta Cairn

Major churn among top ranks at Vedanta Cairn

Rediff.com   11 Apr 2019

The company management remained tight-lipped about the resignations, but indicated there was nothing unusual in these movements.

As Jet grounds planes, AirAsia, Vistara launch more flights

As Jet grounds planes, AirAsia, Vistara launch more flights

Rediff.com   5 Apr 2019

Over 70 per cent of Jet's fleet has been grounded, leading to massive cancellations.

Pay up, make peace: Promoters make one-time settlements with banks on loans

Pay up, make peace: Promoters make one-time settlements with banks on loans

Rediff.com   5 Apr 2019

Lenders say settlements will cross over 100 accounts in the March quarter.

Is Jet eligible to operate on international routes?

Is Jet eligible to operate on international routes?

Rediff.com   4 Apr 2019

The airline informed the ministry that it would operate 75 planes by April-end.

Jet Airways offers its Boeing 737 pilots leave without pay

Jet Airways offers its Boeing 737 pilots leave without pay

Rediff.com   3 Apr 2019

Of 1,400 pilots the airline has, 200 have quit in the past few months because of salary delays.

SC order on RBI circular: How it will hit banks

SC order on RBI circular: How it will hit banks

Rediff.com   3 Apr 2019

Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.