Joydeep Ghosh, Somasroy Chakraborty And Dev Chatterjee

Stories by Joydeep Ghosh, Somasroy Chakraborty And Dev Chatterjee

Coal block allocations: India Inc pleads for SC mercy

Coal block allocations: India Inc pleads for SC mercy

Rediff.com   10 Jan 2014

Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.

Muted growth likely for banks

Muted growth likely for banks

Rediff.com   8 Jan 2014

Loan defaults and restructuring to limit profits.

M&A deals continue to shrink in 2013

M&A deals continue to shrink in 2013

Rediff.com   27 Dec 2013

Outbound deal count in the current calendar year fell to 100 from 154 in 2012.

Companies hoping for the tide to turn

Companies hoping for the tide to turn

Rediff.com   26 Dec 2013

Year 2013 saw business leaders facing the ire of hostile investigative agencies.

Srei to keep its USL share as lenders seek theirs

Srei to keep its USL share as lenders seek theirs

Rediff.com   24 Dec 2013

Lenders to Kingfisher Airlines, led by State Bank of India, had moved courts to get residual rights over these shares after Srei recovered the collateral from the defunct Kingfisher Airlines, making it difficult for Srei to sell the shares, said a legal source.

It's time to turn bullish on US-based funds

It's time to turn bullish on US-based funds

Rediff.com   27 Nov 2013

With uncertainty looming large over Indian markets, retail investors can increase their exposure to US funds.

L&T halts stock options on static share prices, tax issues

L&T halts stock options on static share prices, tax issues

Rediff.com   27 Nov 2013

In the quarter ended September, the company's employee costs rose to an all-time high of Rs 1,580 crore (Rs 15.8 billion), even as company's margins took a beating.

FIIs queue up for Coal India, IOC

FIIs queue up for Coal India, IOC

Rediff.com   21 Nov 2013

Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.

India Inc sees red on voting rights for preference shares

India Inc sees red on voting rights for preference shares

Rediff.com   8 Nov 2013

Many members of ministry panel give dissent note on clause; no clarity yet on whether it will apply to existing shares or new ones.

Foreign banks wait for norms on fully-owned subsidiaries

Foreign banks wait for norms on fully-owned subsidiaries

Rediff.com   31 Oct 2013

Currently, foreign lenders are present in India only through branches or representative offices.

The saga of alleged link between V K Sibal and RIL

The saga of alleged link between V K Sibal and RIL

Rediff.com   26 Oct 2013

The agency would probe whether Sibal had shown undue favour to RIL.

Wadias, Rahejas in battle over prime Mumbai land

Wadias, Rahejas in battle over prime Mumbai land

Rediff.com   26 Oct 2013

Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court

Why soft loans will be hard on the exchequer

Why soft loans will be hard on the exchequer

Rediff.com   24 Oct 2013

The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.

Bankers tell fund-starved Loop Mobile to sell assets

Bankers tell fund-starved Loop Mobile to sell assets

Rediff.com   23 Oct 2013

Lenders, with Rs 600-cr exposure to telco, want it to sell properties to repay loans.

Time to rejig portfolio but with caution

Time to rejig portfolio but with caution

Rediff.com   21 Oct 2013

In January 2008, the Sensex hit then all-time high of 21,207 (closing high of 21,004 was achieved in November 2010).

Hindalco yet to get any coal, even 8 years later

Hindalco yet to get any coal, even 8 years later

Rediff.com   17 Oct 2013

Aditya Aluminium project ready but clearances still stuck for mine

Tata Tele to seek promoter funding to bid for spectrum

Tata Tele to seek promoter funding to bid for spectrum

Rediff.com   14 Oct 2013

Spectrum is critical for Tata Tele because in some circles, Rajasthan for example, it has spectrum only in 60 per cent of the geography, while allocation for the rest has yet to come from the government.

Vedanta's future plan may trip on past hurdle

Vedanta's future plan may trip on past hurdle

Rediff.com   9 Oct 2013

According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.

NSEL fraud: I-T turns the heat on brokers

NSEL fraud: I-T turns the heat on brokers

Rediff.com   9 Oct 2013

Department seeks investor database on the suspicion of fictitious investors.

Tata Tele's net worth wiped out

Tata Tele's net worth wiped out

Rediff.com   2 Oct 2013

Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.