All stories by Ishita Ayan Dutt
Is poriborton in sight in Bengal, again?
Rediff.com23 Mar 2021Whatever the outcome from the assembly elections, what's evident is that West Bengal has entered an era of identity politics, reports Ishita Ayan Dutt.
Nandigram: Will Dada trounce Didi?
Rediff.com3 Mar 2021Nandigram, 126 km south of Kolkata, is Suvendu Adhikari's bastion, where he has vowed to defeat Mamata Banerjee by 50,000 votes or quit politics.
How XLRI cracked 100 per cent placement
Rediff.com26 Feb 2021Within two days, the business school had 108 recruiters making 370 domestic and international offers, including 23 new final recruiters with an average salary of Rs 25.08 lakh.
Positive cues from China cheer Indian steel companies
Rediff.com23 Feb 2021Positive cues from China - which accounts for 56.5 per cent of global crude steel production - are likely to keep demand-supply in balance and provide support to prices. All eyes have been on China, which opened after New Year holidays, as it was widely expected that prices would recover post-holidays after the weakness in January. Jayanta Roy, senior vice president, ICRA pointed out, barring last year when Covid-related restrictions affected China's steel demand in February 2020, historical trends show a typical upward movement in steel prices post-new year festivities. China's opening post-holidays was keenly awaited, especially in the wake of the sluggishness in the market in January.
What are the future plans of Tata Steel?
Rediff.com22 Feb 2021Tata Steel delivered one of its best financial performances ever in the third quarter of the current financial year, and surpassed its deleveraging target of $1 billion. In an interview, Koushik Chatterjee, executive director and chief financial officer, Tata Steel, tells Ishita Ayan Dutt that the company will continue to focus on deleveraging but profitable and value-added growth will be equally important.
'Only one leader in TMC, no one else matters'
Rediff.com22 Feb 2021Against the backdrop of the Lok Sabha results, a much larger scale of desertion was anticipated from the TMC. 'It seems, people don't believe that the ship is sinking.'
With Air India will Pawan Ruia prove to be India's 'turnaround tycoon'?
Rediff.com19 Feb 2021Pawan Ruia has finally done it, a beaming Buddhadeb Bhattacharjee, then West Bengal chief minister, had said at the reopening of the 70-year-old Sahagunj factory owned by Dunlop in 2005. But with the Calcutta high court passing a winding-up order in 2013 and the Trinamool Congress-led state government passing a Bill to take over the company in 2016, the once-upon-a-time undisputed leader in the Indian tyre industry looks vastly undone. But that can hardly be a deterrent for Ruia, who has a penchant for making headlines one way or the other.
Budget has good news for Chinese steel mills
Rediff.com12 Feb 2021Spiraling steel prices led the government to cut customs duty by 2.5-5.5 per cent on a range of products from semi-finished to flat and long products for the benefit of MSMEs, that have been at the receiving end.
TMC or BJP, big-ticket projects still a pipedream for Bengal
Rediff.com8 Feb 2021In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
Steel prices rise by up to Rs 2,400 a tonne, more hikes expected
Rediff.com5 Jan 2021A primary producer said that the prices would be raised in tranches this month and the total increase could be Rs 6,000 a tonne.
JSW Steel sweetens offer by Rs 400 cr to close Bhushan Power deal
Rediff.com5 Dec 2020The closure of BPSL would add about three million tonnes capacity to JSW Steel's existing 18 million tonnes.
Emami keeps 'Fair And Handsome' for now, but with a noticeable tweak
Rediff.com1 Dec 2020Over the past few months, FMCG companies redefined their "fairness" offerings to make them more inclusive in the backdrop of the global movement "BlackLivesMatter".
China's pain is Eveready's gain
Rediff.com27 Nov 2020As imports reduced, Eveready clocked significant volume growth in batteries.
ITC launches 70 products in non-cigarettes FMCG space
Rediff.com10 Nov 2020The 70 launches were made in the first half of the financial year alone and were mostly focused on hygiene, health & wellness, naturals and convenience, which were in high demand as Covid -19 raged across the world.
Farm reforms may help Cargill's expansion plans in India
Rediff.com10 Oct 2020Cargill believes the reforms would act as a catalyst in attracting private sector investment in building supply chains for taking Indian farm produce to national and global markets.
India's richest club sees nine new entrants; Ambani still No 1
Rediff.com9 Oct 2020Half of the nation's 100 richest saw gains rising a collective 14% to $517.5 billion, says Forbes. Forbes released 2020's top 100 richest Indians on Thursday, which included newcomers, Sanjeev Bikhchandani, co-founder of Info Edge (India), who owns popular job and property websites; siblings Nithin and Nikhil Kamath, co-founders of discount stock brokerage Zerodha Broking, and three specialty chemicals producers - Vinod Saraf, founder of Vinati Organics, Arun Bharat Ram, the patriarch of SRF, and brothers Chandrakant and Rajendra Gogri of Aarti Industries. Other newcomers included Delhi-based brothers Ramesh Kumar and Mukand Lal Dua of Relaxo Footwears, which owns affordable footwear brands; dairyman, R G Chandramogan of Hatsun Agro; Premchand Godha, who chairs IPCA Laboratories, manufacturing formulations, bulk drugs and drug intermediates; G Rajendran, founder of jewellery chain, GRT Jewellers.
Harsh Lodha reappointed director in Birla Corp despite panel's rejection
Rediff.com26 Aug 2020Nearly 98% of shareholders vote in favour of his reappointment and payment of remuneration to Lodha.
FMCG firms see value in fast-growing, high-margin spices biz
Rediff.com24 Aug 2020The fast-growing, high-margin branded spices business is turning out to be an interesting growth opportunity, which to an extent was reflected in the Sunrise-ITC deal, with multiple parties from PE to strategic players joining the fray.
Emami may sell land, non-core assets to cut debt
Rediff.com20 Aug 2020Last month, Emami Group completed divestment of its 100 per cent stake in Emami Cement to Nuvoco Corporation for an enterprise value of Rs 5,500 crore.
Steel firms raise prices by Rs 2K a tonne in 10 days
Rediff.com3 Aug 2020Prices in the domestic market are increasing because there is a demand pull, and internationally, prices have gone up.