Katya B Naidu And Abhijit Lele

Stories by Katya B Naidu And Abhijit Lele

Telcos cut mobile Internet, data service rates

Telcos cut mobile Internet, data service rates

Rediff.com   10 Aug 2010

Telecom companies are eyeing a piece of the market share where data usage generates a higher amount of revenue, once 3G services are launched later this year.

Virgin Mobile to tie up with 50 brands

Virgin Mobile to tie up with 50 brands

Rediff.com   19 Jul 2010

The company is in talks to tie up with 50 top brands in the country across sectors like apparel, restaurants, electronics and even consumer goods.

Bank of India brings in Mckinsey for revamp,growth

Bank of India brings in Mckinsey for revamp,growth

Rediff.com   30 Jun 2010

A senior bank official said the preliminary report would come in three months.

Now, carry discount vouchers on mobile

Now, carry discount vouchers on mobile

Rediff.com   28 Jun 2010

Mobile coupons are used by over 3,000 retailers at various scales and are believed to be a Rs 5-crore (Rs 50 million) business opportunity.

Yuan move isn't electrifying power equipment cos

Yuan move isn't electrifying power equipment cos

Rediff.com   23 Jun 2010

Companies such as Larsen & Toubro and Bharat Heavy Electricals Ltd believe the undervalued renminbi (yuan) gives Chinese goods an unfair advantage in Indian markets.

RIL's Infotel kick-starts fund-raising exercise

RIL's Infotel kick-starts fund-raising exercise

Rediff.com   16 Jun 2010

The firm is looking to raise as much as Rs 1,000 crore through short-term commercial paper.

Actis to buy into GVK's power business

Actis to buy into GVK's power business

Rediff.com   28 May 2010

Private equity investor Actis is set to acquire a stake in infrastructure major GVK's power business for about Rs 1,000 crore, according to sources close to the development.

SBI on cost-cutting drive

SBI on cost-cutting drive

Rediff.com   21 May 2010

The scaling down of the branch expansion plan is part of SBI's overall game plan to check costs.

Kingfisher to restructure debt

Kingfisher to restructure debt

Rediff.com   17 May 2010

SBI Capital Market to recast debt plan.

Telemarketers oppose Trai's 'do-call' registry

Telemarketers oppose Trai's 'do-call' registry

Rediff.com   27 Apr 2010

Industry lobby, Mobile Marketing Association, along with other industry bodies, is submitting a proposal to the Telecom Regulatory Authority of India (Trai), opposing the possibility of a 'do-call' registry.

IB seeks bank exposure details on IPL

IB seeks bank exposure details on IPL

Rediff.com   26 Apr 2010

With the Indian Premier League (IPL) story getting murkier, investigative agencies have cast their net wide to include banks. The idea is to dig out information about their financial exposure to the 10 IPL franchisees.

Why telecom stocks are hot picks

Why telecom stocks are hot picks

Rediff.com   19 Apr 2010

Investors with a 3-4 year time horizon should pick up telecom stocks.

Corporate loan recast norms made tougher

Corporate loan recast norms made tougher

Rediff.com   3 Apr 2010

With the economic turnaround now on a firm wicket, the Reserve Bank of India has made restructuring of debt by companies tougher.

 Public sector banks may need more core capital

Public sector banks may need more core capital

Rediff.com   2 Apr 2010

A number of public sector banks will have to stock up on core capital, if the Reserve Bank of India decides to ask banks to leave out hybrid instruments while computing Tier-I capital adequacy, as indicated by RBI last week.

Paying on savings a/cs to put pressure on banks

Paying on savings a/cs to put pressure on banks

Rediff.com   1 Apr 2010

Savings bank account holders are a happier lot. The reason: They will earn more on their deposits from April. However, this isn't good news for banks, as their margins will come under pressure

Japanese cos eye Indian power sector

Japanese cos eye Indian power sector

Rediff.com   18 Mar 2010

Japanese power companies, including Tokyo Electric Power Company and J-Power, seek to make their presence felt in India.

Mobile operators may curtail toll-free calls

Mobile operators may curtail toll-free calls

Rediff.com   2 Mar 2010

Mobile phone companies wish to curtail toll-free calls from customers. According to a proposal being evaluated by the Telecom Regulatory Authority of India (Trai), calls made by customers to the phone company, other than complaints, will have to be charged.

Rise of rupee to dictate RBI policy

Rise of rupee to dictate RBI policy

Rediff.com   21 Jan 2010

The buoyant foreign capital flows in debt instruments since the beginning of 2010 could weigh on the Reserve Bank of India's decision on whether to raise policy rates.

200,000 recruits to bring bank to your doorstep

200,000 recruits to bring bank to your doorstep

Rediff.com   19 Jan 2010

With the Reserve Bank of India allowing retired teachers, kirana shop owners and public call office (PCO) operators to be hired as business correspondents, banks are set to hire over 200,000 people over the next few years to push financial inclusion initiatives.

SBI banks on wind power

SBI banks on wind power

Rediff.com   28 Dec 2009

The country's largest lender will set up wind power projects in Maharashtra (9 Mw), Tamil Nadu (5 Mw) and Gujarat (1.5 Mw) - with a combined capacity of 15.5 Mw - for its captive consumption at various SBI offices and branches in these three states.