Digbijay Mishra &Amp; Namrata Acharya

Stories by Digbijay Mishra &Amp; Namrata Acharya

ITC officially raises cigarette prices

ITC officially raises cigarette prices

Rediff.com   17 Apr 2013

Stockists and dealers have been charging more since early March.

MRPL retracts Haldia PetChem buyout plan

MRPL retracts Haldia PetChem buyout plan

Rediff.com   14 Mar 2013

Cites legal battle among latter's promoters as reason for staying away from cash-strapped venture.

Sunfeast targets the creamy layer

Sunfeast targets the creamy layer

Rediff.com   11 Mar 2013

ITC's biscuits, which have a sweet spot in the cream segment, now want a bigger piece of the cookies market

Oz miners eye India's PPP model for Coal India

Oz miners eye India's PPP model for Coal India

Rediff.com   8 Mar 2013

NRW is one of the leading providers of construction and mining services with a turnover $1.35 billion in 2011-12.

ITC to enter the dairy market in 14 months

ITC to enter the dairy market in 14 months

Rediff.com   7 Mar 2013

The product portfolio includes milk powder, long-life packaged milk, fortified milk, etc.

Strikes, lockouts haunt Bengal jute industry

Strikes, lockouts haunt Bengal jute industry

Rediff.com   5 Feb 2013

Given the hardships faced by the jute mill industry in West Bengal, one of the few surviving manufacturing sectors in the state, industry experts say a strike threat is looming large, which could lead to more lockouts.

Kolkata's iconic Coffee House faces commercial dilemma

Kolkata's iconic Coffee House faces commercial dilemma

Rediff.com   25 Jan 2013

Kolkata's iconic Coffee House decides to rent out premises on Sundays, 'as long as it's related to culture'

Rights issue on cards for govt banks

Rights issue on cards for govt banks

Rediff.com   30 Nov 2012

Banks need to raise capital to comply with Basel III norms. This mode of raising money gives all shareholders equal investment opportunity.

Iran's currency crisis hits India's exports

Iran's currency crisis hits India's exports

Rediff.com   28 Nov 2012

India pays 55% of the value of oil its imports from Iran in euro payments through Turkey's Turkiye Halk Bankasi.

Public sector banks rule out rate cut

Public sector banks rule out rate cut

Rediff.com   2 Oct 2012

SBI too rules out cut in base rate in short term, to launch concessional schemes.

Bengal exhausts one fourth borrowing in 2 months

Bengal exhausts one fourth borrowing in 2 months

Rediff.com   23 May 2012

So far, the West Bengal government has raised Rs 5,000 crore (Rs 50 billion) as SDL from RBI, which is almost one-fourth of its total borrowing plans of Rs 20,071 crore (Rs 200.71 billion).

Bengal's job sops land it in soup

Bengal's job sops land it in soup

Rediff.com   20 Jan 2012

The 2,75,000 new jobs would cost a monthly Rs 300 crore (Rs 3 billion), officials with knowledge of the development said.

Company directors rush for insurance cover

Company directors rush for insurance cover

Rediff.com   16 Dec 2011

It is this increasing vulnerability of senior corporate executives towards litigations that has set the ball rolling for directors and officers' liability cover for insurance companies.

Exports to Greece, Syria risky: ECGC

Exports to Greece, Syria risky: ECGC

Rediff.com   31 Oct 2011

This month, ECGC -- the government organisation that provides insurance cover to exporters -- reclassified exports to Greece as 'risky' by withdrawing open cover insurance scheme for them.

Calcutta stock exchange to launch trading platform

Calcutta stock exchange to launch trading platform

Rediff.com   21 Jun 2011

The 100-year old Calcutta Stock Exchange is finally set to launch a trading platform, which will enable its members to trade on National Stock Exchange (NSE)-listed securities in the next one month, a move that will give the ailing exchange a fresh lease of life.

Ups and downs of regional stock exchanges

Ups and downs of regional stock exchanges

Rediff.com   16 Mar 2011

Dogged by brokers' interference, exits at the top and clash of opinions, regional stock exchanges still struggle to launch their trading platform.

FM's constituency: a mall for financial services

FM's constituency: a mall for financial services

Rediff.com   2 Mar 2011

Instead of taking loans from banks, they believe in forming groups - some acting as treasurers, others as accountants, credit officers or recovery agents - with Bandhan, one of the most active microfinance institutions (MFI) in the region.

No anomaly detected in bribe case yet: LIC

No anomaly detected in bribe case yet: LIC

Rediff.com   7 Feb 2011

Life Insurance Corporation (LIC) of India, which is conducting an internal probe into the bribe-for-loan scam that surfaced at LIC Housing Finance (LICHF) in November, has not detected any aberration as yet.

MFIs plan action against YES Bank's loan recall

MFIs plan action against YES Bank's loan recall

Rediff.com   4 Jan 2011

Micro-finance institutions (MFIs) are planning to take legal action against YES Bank's move to recall a part of its loans to them.

Banks choke flow of funds to MFIs

Banks choke flow of funds to MFIs

Rediff.com   27 Oct 2010

The ensuing liquidity crisis has prompted many MFIs to seek a moratorium on loan repayment to banks.MFIs raise 75-80 per cent of their funds via bank borrowings, 15 per cent from equity and another 10 per cent from other sources like cash securities.