Dev Chatterjee, Ishita Ayan Dutt &Amp;Amp; Abhijit Lele

Stories by Dev Chatterjee, Ishita Ayan Dutt &Amp;Amp; Abhijit Lele

'BoB Is Well Placed To Manage Shift To ECL'

'BoB Is Well Placed To Manage Shift To ECL'

Rediff.com   7 hours ago

'Bank has a robust capital adequacy base. Along with balance sheet preparation, the bank is focusing on strengthening risk management for the new regime.'

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com   26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Neville Tata Steps Out Of Shadow

Neville Tata Steps Out Of Shadow

Rediff.com   24 Nov 2025

As the business head of Trent Hypermarket, Neville ensures that customers receive high-quality products that adhere to Tata standards.

Buoyant demand has failed to push steel prices

Buoyant demand has failed to push steel prices

Rediff.com   21 Nov 2025

The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.

Tata Steel profit surges nearly 4x

Tata Steel profit surges nearly 4x

Rediff.com   13 Nov 2025

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.

Leverage moderating across Adani firms: BofA

Leverage moderating across Adani firms: BofA

Rediff.com   12 Nov 2025

The Adani group, which operates across multiple infrastructure sectors, with 12 listed entities in India and a combined market capitalisation of about $200 billion, remains "anchored by strong assets and robust cash flows", according to a Bank of America (BofA) report.

Will Tata Sons Get RBI Relief?

Will Tata Sons Get RBI Relief?

Rediff.com   24 Oct 2025

Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.

'Sovereignty in foundational industries is critical for countries'

'Sovereignty in foundational industries is critical for countries'

Rediff.com   22 Oct 2025

'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'

India's M&A deals dipped in Q2 amid valuation caution

India's M&A deals dipped in Q2 amid valuation caution

Rediff.com   10 Oct 2025

India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.

Why Is Mehli Mistry Against Noel Tata?

Why Is Mehli Mistry Against Noel Tata?

Rediff.com   8 Oct 2025

Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.

Amazing growth story of the Jindal group

Amazing growth story of the Jindal group

Rediff.com   24 Sep 2025

You have to grow, and grow fast - that's the DNA of the JSW group, chairman Sajjan Jindal said as JSW Cement made its debut on the stock market mid-August. The remark captured not just the moment but also the momentum of JSW's growth story.

US Tariffs May Drop To 10-15%: CEA

US Tariffs May Drop To 10-15%: CEA

Rediff.com   19 Sep 2025

'I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also.'

How Gen Z And Social Media Are Changing Nepal

How Gen Z And Social Media Are Changing Nepal

Rediff.com   16 Sep 2025

From mobilising protests to choosing the interim prime minister -- Discord, Bitchat became virtual control rooms, even as familiar platforms like TikTok, Reddit, Instagram, etc. played their part.

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com   15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

GST Cut: How Much Will States Lose?

GST Cut: How Much Will States Lose?

Rediff.com   15 Sep 2025

Opposition-ruled states warn of steep annual losses; Centre assures higher consumption will offset revenue hit.

Reliance's refining margins projected to stay strong compared to PSU peers

Reliance's refining margins projected to stay strong compared to PSU peers

Rediff.com   6 Sep 2025

Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.

Tax cut may bolster credit growth in H2

Tax cut may bolster credit growth in H2

Rediff.com   5 Sep 2025

After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.

'US Is An Important Market For Us'

'US Is An Important Market For Us'

Rediff.com   5 Sep 2025

Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.

India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc meeting capex need with own cash, says SBI chief C S Setty

Rediff.com   26 Aug 2025

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.

L&T bets big on data centres, defence sector

L&T bets big on data centres, defence sector

Rediff.com   26 Aug 2025

Larsen & Toubro Ltd (L&T) is deepening its push into data centres and defence manufacturing while keeping an eye on emerging opportunities in nuclear and thermal power, chairman and managing director SN Subrahmanyan said. The engineering and construction conglomerate has invested around Rs 2,200 crore in data centres, with 32 megawatts (Mw) already operational.