Ishita Ayan Dutt, Archis Mohan

Stories by Ishita Ayan Dutt, Archis Mohan

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Rediff.com   3 May 2025

The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.

Optimistic about impact of Trump tariffs, RBI tells parliamentary panel

Optimistic about impact of Trump tariffs, RBI tells parliamentary panel

Rediff.com   30 Apr 2025

The Reserve Bank of India (RBI) brass, including its Governor Sanjay Malhotra, on Tuesday told a Parliamentary panel that it was "optimistic" about the impact of the US tariffs on the Indian economy and, in long-run, it could benefit the country due to dipping trade relations between the US and China.

No-contest clause in Ratan Tata's will raises questions on legal validity

No-contest clause in Ratan Tata's will raises questions on legal validity

Rediff.com   30 Apr 2025

The inclusion of a "no-contest" clause in Ratan Tata's will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.

JSW breaks ground for 1,600 Mw power plant in West Bengal

JSW breaks ground for 1,600 Mw power plant in West Bengal

Rediff.com   22 Apr 2025

Alongside the power plant, Chief Minister Banerjee also laid the foundation stone for JSW Industrial Park, which will be spread over 2,000 acres with plug-and-play infrastructure.

US Visa Cancellations: Indians Hit Hardest

US Visa Cancellations: Indians Hit Hardest

Rediff.com   19 Apr 2025

'If you follow the law, America offers opportunities. But those who violate the law will face the consequences.'

'Engaging With The US Is Important'

'Engaging With The US Is Important'

Rediff.com   10 Apr 2025

'But I don't think the government is in a great hurry to sign the BTA.'

India Is A Good Neighbour. Find Out Why

India Is A Good Neighbour. Find Out Why

Rediff.com   10 Apr 2025

India's disaster relief assistance has increased substantially in recent years, from Rs 1.60 crore in FY23 to Rs 41.18 crore in FY24, and Rs 27.88 cr in FY25 (until January 2025).

Tea exports hit new high, but rising imports a worry

Tea exports hit new high, but rising imports a worry

Rediff.com   8 Apr 2025

As India's tea exports reach their highest in years, a sharp rise in imports is raising concerns among producers. In 2024, India took the third spot in tea exports, pipping Sri Lanka after exporting 254.67 million kg (mkg) of tea, up from 231.69 mkg in 2023.

Can Baby Revive CPM?

Can Baby Revive CPM?

Rediff.com   7 Apr 2025

M A Baby faces several significant challenges: Helping the CPI (M)-led Left Democratic Front secure a third consecutive term in Kerala's 2026 assembly elections, and regaining ground lost in the party's traditional strongholds of West Bengal, Tripura, and other regions.

Majority Of Police Support Use Of Force And Torture

Majority Of Police Support Use Of Force And Torture

Rediff.com   5 Apr 2025

The Kerala police were the most sensitised to the rights of those arrested while that of Jharkhand and Gujarat the least.

'Waqf Bill Targeted, Unfair Legislation'

'Waqf Bill Targeted, Unfair Legislation'

Rediff.com   4 Apr 2025

'It is not as if Hindus are not being touched at all, and only Muslims are.'

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com   2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

India's MLAs Richer Than 3 N-E State Budgets!

India's MLAs Richer Than 3 N-E State Budgets!

Rediff.com   2 Apr 2025

The total assets of the country's sitting legislators amount to Rs 73,348 crore, which is more than the combined annual Budgets (2023-2024) of Nagaland (Rs 23,086 crore), Tripura (Rs 26,892 crore), and Meghalaya (Rs 22,022 crore), totaling around Rs 72,000 crore.

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com   26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

Indians Secured 7% of US Green Cards In 2023

Indians Secured 7% of US Green Cards In 2023

Rediff.com   26 Mar 2025

Green card holders have the right to live permanently in the country, but only if they do not commit deportable offences.

RSS: 'Any Type Of Violence Is Not Good'

RSS: 'Any Type Of Violence Is Not Good'

Rediff.com   20 Mar 2025

Prime Minister Modi will visit RSS headquarters in Nagpur on March 30.

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com   19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

When Modi's offer 'alarmed' Trump's security detail

When Modi's offer 'alarmed' Trump's security detail

Rediff.com   17 Mar 2025

'It showed me that this man had courage. He makes his own decisions, but he also trusted me enough in that moment to walk with me into the crowd,' Modi tells Lex Fridman on his podcast.

No US Tariff Cut Commitment: Govt

No US Tariff Cut Commitment: Govt

Rediff.com   11 Mar 2025

Government representatives told a parliamentary panel that the US has not officially conveyed to India that it should cut tariffs by April 2.

'Trump Respects India's Friendship'

'Trump Respects India's Friendship'

Rediff.com   7 Mar 2025

'The cooperation in technology is one of the most important aspects of the visit.' 'It will have a long-lasting impact because it will shift the entire paradigm in the context of artificial intelligence and emerging technologies.'