Devidutta Tripathy And Nivedita Bhattacharjee

Stories by Devidutta Tripathy And Nivedita Bhattacharjee

Sky-high valuation of India's start-ups worries global investors

Sky-high valuation of India's start-ups worries global investors

Rediff.com   20 Mar 2015

As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.

SBI to cut bad debt with huge online property auction

SBI to cut bad debt with huge online property auction

Rediff.com   13 Mar 2015

The SBI auction will be the biggest nationwide online sale.

Mumbai's slumdwellers turn out to be Snapdeal fans

Mumbai's slumdwellers turn out to be Snapdeal fans

Rediff.com   12 Mar 2015

Snapdeal delivers to the Dharavi centre, where buyers pick up their orders.

Funding the unfunded: India helps small business borrow to grow

Funding the unfunded: India helps small business borrow to grow

Rediff.com   5 Mar 2015

MUDRA bank will help microfinancing firms to lend more.

India signals private-sector bosses could run state-owned banks

India signals private-sector bosses could run state-owned banks

Rediff.com   26 Feb 2015

They need to have 15 years of mainstream banking experience

Indian IT firms eye robotics, driverless cars for next round of growth

Indian IT firms eye robotics, driverless cars for next round of growth

Rediff.com   20 Feb 2015

The catchwords today are digital, analytics, robotics.

Infosys acquires US firm Panaya for $200 million

Infosys acquires US firm Panaya for $200 million

Rediff.com   16 Feb 2015

Infosys said on Monday it would buy Panaya Inc, a New Jersey-based provider of automation technology, for an enterprise value of $200 million

Flipkart targets $8 billion sales in 3 years

Flipkart targets $8 billion sales in 3 years

Rediff.com   12 Feb 2015

Flipkart aims to double the total value of goods it sells to $8 billion in the next three years.

Aditya Birla, Future apply for payment bank licence

Aditya Birla, Future apply for payment bank licence

Rediff.com   2 Feb 2015

Telecoms investor Aditya Birla Nuvo Ltd and retailer Future Group were among the first big names to apply for licenses to run so-called payments banks

HUL Q3 profit beats forecast as shoppers buy more

HUL Q3 profit beats forecast as shoppers buy more

Rediff.com   19 Jan 2015

Hindustan Unilever Ltd, the Indian unit of Anglo-Dutch consumer group Unilever Plc, reported an 18 per cent rise in quarterly profit, beating estimates, helped by a revival in consumer spending.

Xiaomi to sell phones in stores to pep up India sales

Xiaomi to sell phones in stores to pep up India sales

Rediff.com   7 Jan 2015

The online strategy cuts down on marketing and distribution costs, allowing Xiaomi to sell feature-rich phones at low prices.

Foxconn workers arrested for trying to make forced entry

Foxconn workers arrested for trying to make forced entry

Rediff.com   29 Dec 2014

The employees had been trying to gain entry in protest at the lack of any formal notice of closure

India's banking system vulnerable to financial contagion: RBI

India's banking system vulnerable to financial contagion: RBI

Rediff.com   29 Dec 2014

Trouble at a single bank among the top five most connected lenders could wipe out nearly 50% of Tier I capital

Bharti Airtel drops move to charge more for VoIP calls

Bharti Airtel drops move to charge more for VoIP calls

Rediff.com   29 Dec 2014

VoIP services include communications applications such as Skype, Line and Viber

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.

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.

Burger King tests India waters, to open 12 outlets

Burger King tests India waters, to open 12 outlets

Rediff.com   8 Nov 2014

US fast food chain Burger King Worldwide will open about 12 outlets in India over the next 60-90 days.

More pain ahead for Indian banks

More pain ahead for Indian banks

Rediff.com   7 Nov 2014

Bad loans are on a rise.

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