Joydeep Ghosh, Somasroy Chakraborty And Dev Chatterjee

Stories by Joydeep Ghosh, Somasroy Chakraborty And Dev Chatterjee

Gold loan firms swing into action as prices fall

Gold loan firms swing into action as prices fall

Rediff.com   19 Apr 2013

These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.

HSBC eyes banking biz beyond metros

HSBC eyes banking biz beyond metros

Rediff.com   19 Apr 2013

Hongkong and Shanghai Banking Corporation (HSBC) is exploring opportunities beyond metro cities to expand its commercial banking business in India.

Trusts can select, remove Tata Sons chairmen

Trusts can select, remove Tata Sons chairmen

Rediff.com   11 Apr 2013

These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.

Banks may need more time to replace cards

Banks may need more time to replace cards

Rediff.com   9 Apr 2013

Card fees likely to increase to offset replacement cost.

ICICI Bank, HSBC start expanding credit card base

ICICI Bank, HSBC start expanding credit card base

Rediff.com   26 Mar 2013

It appears the two banks are now convinced that increasing their credit card portfolios will not lead to significant erosion in asset quality.

Birla, Vedanta in race for Canada-based miner

Birla, Vedanta in race for Canada-based miner

Rediff.com   16 Mar 2013

The mining major is selling the company to reduce its debt.

Vedanta advised to acquire London's Cairn Energy

Vedanta advised to acquire London's Cairn Energy

Rediff.com   11 Mar 2013

Cairn Energy Plc, which has 50 production blocks across the world, holds 10% in Cairn India.

PSUs not floating in cash any more

PSUs not floating in cash any more

Rediff.com   8 Mar 2013

Most have seen decline in cash reserves and deterioration in financial ratios in recent years.

Backed by PEs, Pandit may invest in a new bank

Backed by PEs, Pandit may invest in a new bank

Rediff.com   7 Mar 2013

Citigroup's former chief executive officer, Vikram Pandit, might be joining the race to become a co-applicant for a banking licence in India.

After Budget, CEOs clamour for interest rate cut

After Budget, CEOs clamour for interest rate cut

Rediff.com   4 Mar 2013

An interest rate cut, at a time when demand was not showing any sign of revival, would boost sentiments, especially for interest-rate sensitives like the car and real estate sectors, which had been showing negative growth, a majority of the 15 CEOs polled by Business Standard said.

LG India gets tax demand on high advertising spend

LG India gets tax demand on high advertising spend

Rediff.com   25 Feb 2013

Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.

Fundamental recovery is 12 months away: Madhusudan Kela

Fundamental recovery is 12 months away: Madhusudan Kela

Rediff.com   21 Feb 2013

Interview with chief investment strategist, Reliance Capital.

'Vedanta will double earnings to $12-13 bn in 2-3 years'

'Vedanta will double earnings to $12-13 bn in 2-3 years'

Rediff.com   19 Feb 2013

Interview with chairman, Vedanta.

'If we are importing buckets, something is wrong'

'If we are importing buckets, something is wrong'

Rediff.com   18 Feb 2013

Interview with Richard Rekhy, chief executive officer of KPMG India.

COLUMN: India Inc and the Big Bank theories

COLUMN: India Inc and the Big Bank theories

Rediff.com   14 Feb 2013

Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice.

Our cost of funds is still high: Federal Bank chief

Our cost of funds is still high: Federal Bank chief

Rediff.com   13 Feb 2013

Shyam Srinivasan, managing director and CEO, shares with Business Standard the strategy to grow the bank's retail lending business in the coming quarters.

Budget 2013: India Inc faces 'M&A tax'

Budget 2013: India Inc faces 'M&A tax'

Rediff.com   13 Feb 2013

Guarantees given to overseas arms under I-T scanner.

After Shell, Hindalco faces transfer pricing tax notice

After Shell, Hindalco faces transfer pricing tax notice

Rediff.com   11 Feb 2013

Claim could be over fee for guarantees given for loans to acquire Novelis.

'Time has now come to say GOODBYE to India'

'Time has now come to say GOODBYE to India'

Rediff.com   11 Feb 2013

Interview with Chairman, Cipla.

For India Inc, going private isn't easy

For India Inc, going private isn't easy

Rediff.com   7 Feb 2013

Companies in India would empathise with Dell as their delisting experience hasn't been easy, either.