Dev Chatterjee, Nivedita Mookerji

Stories by Dev Chatterjee, Nivedita Mookerji

No Digital Data Protection Act Change Likely

No Digital Data Protection Act Change Likely

Rediff.com   7 Apr 2025

The "construct of the DPDP Act" cannot be changed at this stage, though there may be some minor tweaks in the language of the Rules and formats in certain legitimate cases.

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com   26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

Adani group commits Rs 1.1 trillion capital expenditure for FY26

Adani group commits Rs 1.1 trillion capital expenditure for FY26

Rediff.com   24 Mar 2025

The Adani group has said it will have a capital expenditure of Rs 1.1 trillion in 2025-26 as against this financial year's Rs 92,000 crore, with a focus on core energy and infrastructure. Expenditure will be financed through an internal cash generation of Rs 60,000 crore, and the rest will be raised via equity and debt, according to senior officials.

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com   19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

India well placed to tackle Trump's tariff volleys: Blackstone CEO

India well placed to tackle Trump's tariff volleys: Blackstone CEO

Rediff.com   13 Mar 2025

India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.

Mother's bid to resolve Lodha vs Lodha dispute

Mother's bid to resolve Lodha vs Lodha dispute

Rediff.com   28 Feb 2025

'The final arrangement within our family was documented in our amended family agreement dated March 31, 2017. We confirm that both of you have no right of any form in the other brother's business of assets.'

Tata CSR Money May Go To Ratan Trust

Tata CSR Money May Go To Ratan Trust

Rediff.com   17 Feb 2025

As the Ratan Tata Endowment Foundation and Trust are new entities, the continuous CSR fund flows from Tata Sons will help it undertake new projects.

'India can emerge as key player in global supply chain'

'India can emerge as key player in global supply chain'

Rediff.com   15 Feb 2025

'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'

'Strong retail growth is expected'

'Strong retail growth is expected'

Rediff.com   10 Feb 2025

'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'

'Prime Minister Modi Has Been Fiscally Conscious'

'Prime Minister Modi Has Been Fiscally Conscious'

Rediff.com   5 Feb 2025

'Spend, but create assets, spend but make sure that people benefit from it.' 'This has been a beautiful guiding principle. And I think as a finance minister I owe so much to the prime minister for keeping this path clear before us.'

'Budget's Main Objective Was To Honour Taxpayers'

'Budget's Main Objective Was To Honour Taxpayers'

Rediff.com   5 Feb 2025

'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com   4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Rediff.com   27 Jan 2025

The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.

Rupee Slide: Tough Times For Overseas Corporate Debt

Rupee Slide: Tough Times For Overseas Corporate Debt

Rediff.com   16 Jan 2025

Raising overseas debt has become prohibitively expensive due to the depreciating rupee.

Temasek's Haldiram Deal May Be HUGE!

Temasek's Haldiram Deal May Be HUGE!

Rediff.com   8 Jan 2025

Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.

'India Not tougher Than Other Markets'

'India Not tougher Than Other Markets'

Rediff.com   23 Dec 2024

'Regulatory challenges exist everywhere. What we look for is regulatory stability over time.'

M&A deals rise 13.5% in '24 so far

M&A deals rise 13.5% in '24 so far

Rediff.com   16 Dec 2024

the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.

Jihadists Are A Major Threat To Israel'

Jihadists Are A Major Threat To Israel'

Rediff.com   16 Dec 2024

'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'

Rosneft inks record oil supply deal with RIL

Rosneft inks record oil supply deal with RIL

Rediff.com   13 Dec 2024

Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.

Equity boom spurs shareholder activism

Equity boom spurs shareholder activism

Rediff.com   9 Dec 2024

Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.