Devidutta Tripathy &Amp; Surajeet Das Gupta In New Delhi

Stories by Devidutta Tripathy &Amp; Surajeet Das Gupta In New Delhi

Airfares soar as SpiceJet suspends flights

Airfares soar as SpiceJet suspends flights

Rediff.com   18 Dec 2014

While fares on the Delhi-Mumbai route have risen 45 per cent, Delhi-Bengaluru and Mumbai-Bengaluru tickets are priced 57 per cent and 42.5 per cent higher, respectively.

Reliance Jio to roll out services in 800 cities

Reliance Jio to roll out services in 800 cities

Rediff.com   17 Dec 2014

In what could be one of the largest launches in the telecom services space, Reliance Jio Infocomm is set to roll out its 4G LTE services in 800 Indian cities between April and June next year.

Time is just right for Vistara to spread wings

Time is just right for Vistara to spread wings

Rediff.com   17 Dec 2014

Though Vistara is not a low-cost carrier, it could benefit from the fact that the difference between the fares of LCCs and economy class of full-service carriers in India is minimal today.

New Bill to bring taxi services like Uber under law

New Bill to bring taxi services like Uber under law

Rediff.com   9 Dec 2014

The proposed Road Transport & Safety Bill, expected to soon be cleared by the government, has for the first time incorporated clauses to bring companies such as like Uber, termed "aggregators", under the ambit of regulation.

'Drink & drive' may now cost you Rs 15,000

'Drink & drive' may now cost you Rs 15,000

Rediff.com   8 Dec 2014

The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.

'Drink & drive' may now cost you Rs 15,000

'Drink & drive' may now cost you Rs 15,000

Rediff.com   8 Dec 2014

The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.

ATF price cut to help airlines save big

ATF price cut to help airlines save big

Rediff.com   1 Dec 2014

ATF for domestic carriers has become 11.22 per cent cheaper since October and is expected to see more price cuts in the next three months.

How Ravi Jaipuria is building a Rs 20,000 crore empire

How Ravi Jaipuria is building a Rs 20,000 crore empire

Rediff.com   28 Nov 2014

He has drawn fresh strategies to take his businesses to the next level.

RBI releases final rules for niche bank licensing

RBI releases final rules for niche bank licensing

Rediff.com   27 Nov 2014

Large state-run entities and business houses will not be allowed to set up small finance banks, which will have to comply with statutory reserve requirements.

GDP growth set to weaken, business wants reforms

GDP growth set to weaken, business wants reforms

Rediff.com   27 Nov 2014

Indian companies are keenly waiting for reforms on rules related to land acquisition, labour, coal and power sector, and foreign direct investment in insurance sector.

Tainted team owners may cost IPL Rs 1,000 crore

Tainted team owners may cost IPL Rs 1,000 crore

Rediff.com   19 Nov 2014

The number of matches in the tournament will come down by 44 per cent, from 60 to 34, if the tournament is played among six instead of eight teams.

RBI tightens rules for 'shadow banks' as business grows

RBI tightens rules for 'shadow banks' as business grows

Rediff.com   11 Nov 2014

The Reserve Bank of India (RBI) raised the minimum capital requirement for so-called shadow banks and tightened rules on deposits and bad loans to avoid any potential risk to the economy from these rapidly growing finance firms by regulating them like traditional banks.

Drones boom: The next big opportunity after e-commerce

Drones boom: The next big opportunity after e-commerce

Rediff.com   10 Nov 2014

Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.

More pain ahead for Indian banks

More pain ahead for Indian banks

Rediff.com   7 Nov 2014

Bad loans are on a rise.

Land acquisition law may be eased for PPP projects

Land acquisition law may be eased for PPP projects

Rediff.com   5 Nov 2014

Need for consent of affected families and social-impact assessment could go.

Battle over norms for quadricycles takes a bitter turn

Battle over norms for quadricycles takes a bitter turn

Rediff.com   3 Nov 2014

At present, there are many vehicles that weigh close to the proposed increased weight of 600 kg.

NRI investors sue ICICI Venture over losses

NRI investors sue ICICI Venture over losses

Rediff.com   28 Oct 2014

ICICI Venture denied the allegations, noting it had extended the lifespan of the Dynamic India Fund III by three years

Vodafone wins $490 mn tax dispute in India

Vodafone wins $490 mn tax dispute in India

Rediff.com   10 Oct 2014

A court ruled in favour of Vodafone on Friday in a long-running dispute with the Indian taxman, a boost for the British telecom group whose tax battles have been seen as emblematic of the troubles facing foreign investors in India.

Subrata Roy moved back to jail cell; office privileges withdrawn

Subrata Roy moved back to jail cell; office privileges withdrawn

Rediff.com   2 Oct 2014

The tycoon had been allowed to use an office, phone, internet connection and three secretaries.

Despite its difficulties, India a valuable market for Vodafone

Despite its difficulties, India a valuable market for Vodafone

Rediff.com   24 Sep 2014

Country accounts for 38% of telco's global user base, 10% of total revenue