Devidutta Tripathy And Manoj Kumar

Stories by Devidutta Tripathy And Manoj Kumar

Officials offer tough options to cut spending, deficit

Officials offer tough options to cut spending, deficit

Rediff.com   22 May 2014

Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.

China's Citic Telecom eyes undersea cable JV with Reliance Comm

China's Citic Telecom eyes undersea cable JV with Reliance Comm

Rediff.com   22 May 2014

If completed, the 50-50 joint venture would value Reliance Communications' cable assets at $1 billion, the newspaper said, adding Citic Telecom beat out two other bidders from West Asia earlier this month.

Vodafone begins arbitration against India in tax dispute

Vodafone begins arbitration against India in tax dispute

Rediff.com   8 May 2014

The British mobile phone operator was widely expected to go for an international arbitration after its talks with the Indian government failed to find a solution last year.

India acts to repair reputation as drugs exporter

India acts to repair reputation as drugs exporter

Rediff.com   7 May 2014

As part of the charm offensive, New Delhi has invited global regulators -- including the FDA -- to visit Indian production units to get first-hand evidence of measures taken to ensure the quality of locally manufactured generics.

India orders real time aircraft tracking after MH370 mystery

India orders real time aircraft tracking after MH370 mystery

Rediff.com   7 May 2014

The directives will apply to both passenger and cargo planes, the Directorate General of Civil Aviation said in a statement on Wednesday.

RCom to pull discounts as Q4 profit nearly halves

RCom to pull discounts as Q4 profit nearly halves

Rediff.com   5 May 2014

Mumbai-based Reliance Communications increased voice call prices by about a fifth late last month and also increased the base tariff for voice calls.

Court orders temporary halt on Sun Pharma's takeover of Ranbaxy

Court orders temporary halt on Sun Pharma's takeover of Ranbaxy

Rediff.com   1 May 2014

Two individuals filed the petition in the high court of Andhra Pradesh

Reliance Jio in tower leasing pact with Viom

Reliance Jio in tower leasing pact with Viom

Rediff.com   17 Mar 2014

The company has similar pact with Bharti Infratel.

India to block US trade probes, ready for fight at WTO

India to block US trade probes, ready for fight at WTO

Rediff.com   25 Feb 2014

A Priority Foreign Country is a status reserved for those nations that are the most egregious violators of intellectual property rights and have the most negative impact on US competitiveness abroad.

RBI must abide by government focus on growth: FM

RBI must abide by government focus on growth: FM

Rediff.com   18 Feb 2014

The finance minister chided the central bank on Tuesday over its focus on fighting inflation, saying the Reserve Bank of India (RBI) also needed to abide by the government policy to promote economic growth.

Chidambaram wants RBI to balance price stability and growth

Chidambaram wants RBI to balance price stability and growth

Rediff.com   18 Feb 2014

A panel has recommended that the RBI should bring down CPI inflation to 4 per cent.

Solar trade spat: India hits back at US

Solar trade spat: India hits back at US

Rediff.com   11 Feb 2014

India said on Tuesday it was investigating US policies supporting solar panel makers, the latest move in an escalating row over renewable energy that has worsened already strained ties between the two countries.

India braces for lower growth forecast ahead of polls

India braces for lower growth forecast ahead of polls

Rediff.com   7 Feb 2014

The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.

Kingfisher to appeal against Karnataka HC order

Kingfisher to appeal against Karnataka HC order

Rediff.com   3 Feb 2014

India does not have a formal bankruptcy process. Liquidation pleas could take years before a final verdict.

Delhi power regulator nods up to 8% tariff hike

Delhi power regulator nods up to 8% tariff hike

Rediff.com   31 Jan 2014

The Delhi Electricity Regulatory Commission said the surcharge was for a period of three months from February 1 or until any further order.

November FDI inflows up 54.8% to $1.64 billion

November FDI inflows up 54.8% to $1.64 billion

Rediff.com   31 Jan 2014

Foreign direct investment (FDI) inflows into India rose 54.8 per cent in November to $1.64 billion compared with $1.06 billion a year ago, a government statement

Bharti Airtel net profit rises 1st time in four years

Bharti Airtel net profit rises 1st time in four years

Rediff.com   29 Jan 2014

Bharti Airtel, nearly a third owned by Southeast Asia's top phone carrier SingTel, said it was helped by lower competition and an increase in voice call prices.

India cuts spectrum fee for big telcos to spur bids

India cuts spectrum fee for big telcos to spur bids

Rediff.com   27 Jan 2014

Telecommunication companies buying airwaves in an Indian auction next month will pay 5 per cent of their revenue as an annual fee.

December trade deficit widens, current account under pressure

December trade deficit widens, current account under pressure

Rediff.com   15 Jan 2014

The trade deficit stood at $10.14 billion compared with $9.22 billion in November, a trade ministry official said on Friday.

Restrictions on local carriers flying abroad set to ease

Restrictions on local carriers flying abroad set to ease

Rediff.com   14 Jan 2014

Ajit Singh says will seek cabinet nod to scrap 5-year, 20 aircraft rule.