Dev Chatterjee, Aneesh Phadnis And Shine Jacob

Stories by Dev Chatterjee, Aneesh Phadnis And Shine Jacob

Mallya's luxury jet sale gets caught in red tape

Mallya's luxury jet sale gets caught in red tape

Rediff.com   6 Nov 2018

Five years on, US company that won the auction for the aircraft is running pillar-to-post, unable to take possession as DGCA hasn't deregistered the jet

330,000 govt jobs up for grabs!

330,000 govt jobs up for grabs!

Rediff.com   6 Nov 2018

The railways, the country's largest employer, will be hiring 127,000 people in 2018-2019, for which 23.7 million are competing.

Cash-strapped Jet turns the squeeze on travel agents

Cash-strapped Jet turns the squeeze on travel agents

Rediff.com   3 Nov 2018

Want last year's bonus? Sell our tickets: Jet Airways tells travel agents.

What went wrong with Lion Air flight that killed India's Bhavye Suneja

What went wrong with Lion Air flight that killed India's Bhavye Suneja

Rediff.com   30 Oct 2018

Indonesia-based Lion Air Flight JT610, a three-month old 737 MAX 8, took off from capital Jakarta at 6.20 am local time on Monday and lost contact 13 minutes later when it was at an altitude of about 3,000 feet.

Sabarimala gives BJP a foot in Kerala's door

Sabarimala gives BJP a foot in Kerala's door

Rediff.com   30 Oct 2018

The saffron party will use Lord Ayyappa the same way it made use of Lord Ram in the north to take away the Nair vote and make electoral inroads in the state.

Will Tatas buy majority stake in Jet Air?

Will Tatas buy majority stake in Jet Air?

Rediff.com   29 Oct 2018

However, any progress on the deal depends upon Goyal giving up control of the company.

Jet Air's wings get clipped further

Jet Air's wings get clipped further

Rediff.com   26 Oct 2018

Three senior executives - Pradeep Kumar (senior vice- president, cargo), Shrimanikandan Ananthvaidyanathan (chief information officer) and Praveen Iyer (vice-president, revenue management), have quit amid worsening financial situation

Vistara gets Rs 2,000 crore as it plans to spread its wings

Vistara gets Rs 2,000 crore as it plans to spread its wings

Rediff.com   24 Oct 2018

This is the largest single dose of equity infusion into the joint venture since its launch in January 2015.

Jet trims flights to stay airborne

Jet trims flights to stay airborne

Rediff.com   24 Oct 2018

At least 20 to 30 departures are being cancelled daily from metros and key airports including Ahmedabad, Bengaluru and Hyderabad.

Private players may now enter India's fuel retailing space

Private players may now enter India's fuel retailing space

Rediff.com   23 Oct 2018

At present, India has 56,999 fuel outlets. Of those, only 6,276 are owned by private companies

Oil import bill for FY19 seen rising 42%

Oil import bill for FY19 seen rising 42%

Rediff.com   23 Oct 2018

The benchmark Indian crude oil basket is now estimated to average $77.88 a barrel for FY19, compared to the government's earlier estimate of $65 a barrel for the year and $56.39 for FY18

Loans of IL&FS arm gets red-flagged by auditor

Loans of IL&FS arm gets red-flagged by auditor

Rediff.com   17 Oct 2018

Based on internal evaluation and legal opinion, the management was of the opinion that the company has the ability to ultimately recover the aforesaid ICDs

How Jet plans to save cash

How Jet plans to save cash

Rediff.com   16 Oct 2018

The airline has informed its flight attendants that they would be eligible for leave without pay between November 1 and December 20

Is Jet serious about finding a way out of the crisis?

Is Jet serious about finding a way out of the crisis?

Rediff.com   15 Oct 2018

The airline has failed to address fliers' fears and has been opaque about the allegations of tax and financial fraud, giving rise to apprehension that Jet Airways may be headed the Kingfisher way.

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Rediff.com   13 Oct 2018

Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.

Why aviation ministry rejected UAE's demand for more flights

Why aviation ministry rejected UAE's demand for more flights

Rediff.com   11 Oct 2018

In 2017, 60 million passengers flew between India and the UAE, the largest overseas air travel market from India.

IL&FS requires Rs 30,000 crore to get back in business

IL&FS requires Rs 30,000 crore to get back in business

Rediff.com   5 Oct 2018

Will have to take impairment of Rs 15,000 crore before recovering a single rupee from its arms

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

Rediff.com   2 Oct 2018

The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31

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