Kausik Datta &Amp; P R Sanjai In Mumbai

Stories by Kausik Datta &Amp; P R Sanjai In Mumbai

Hindujas in race for Hutch, Rel Comm to raise $5 b

Hindujas in race for Hutch, Rel Comm to raise $5 b

Rediff.com   4 Jan 2007

Just six months after pulling out of Hutchison Essar, the Hinduja group is set to throw its hat into the ring for the country's fourth largest telecom company.

Oriental to cover fog days of A-I

Oriental to cover fog days of A-I

Rediff.com   2 Jan 2007

Oriental Insurance Company has bagged the domestic aviation industry's first-ever contract to cover losses owing to fog for national flag carrier Air-India.

Tata may bid 10% more for Corus

Tata may bid 10% more for Corus

Rediff.com   2 Jan 2007

Final bid expected to be placed in a fortnight.

Gammon emerges top bidder for Mumbai port

Gammon emerges top bidder for Mumbai port

Rediff.com   29 Dec 2006

Gammon India and L&T were the only bidders left in the fray for the project

Indian plans to hedge fuel costs

Indian plans to hedge fuel costs

Rediff.com   27 Dec 2006

Indian is planning to start hedging its international fuel purchase in the wake of spiralling aviation turbine fuel cost that is eating into its profits

Panel to study opening of Gulf to pvt airlines

Panel to study opening of Gulf to pvt airlines

Rediff.com   26 Dec 2006

The government is taking the first steps towards opening of the Gulf region to private airlines -- by setting a high-level committee under the aegis of the aviation ministry -- to examine the contentious issue.

Kinetic to rejig operations

Kinetic to rejig operations

Rediff.com   26 Dec 2006

In a bid to enhance shareholders' value, the Kinetic group is restructuring operations to house its two-wheeler and auto-component businesses in Kinetic Motor Company and Kinetic Engineering, respectively.

How Indian firms finance their overseas M&As

How Indian firms finance their overseas M&As

Rediff.com   26 Dec 2006

Most people would not think of United Phosphorus when discussing mergers and acquisitions.

HAL facility to convert Boeings into freighter

HAL facility to convert Boeings into freighter

Rediff.com   24 Dec 2006

India will soon have a dedicated global facility to convert passenger airplanes to cargo planes, with state-run aerospace major Hindustan Aeronautics Limited planning a full fledged conversion centre for Boeing aircraft

Air-India to go in for fog risk cover

Air-India to go in for fog risk cover

Rediff.com   24 Dec 2006

For the first time in the Indian aviation history, an airline company is going to cover its losses occurred due to foggy conditions during the upcoming winter season.

A-I chief's tenure extended

A-I chief's tenure extended

Rediff.com   22 Dec 2006

The government has extended the tenure of Vasudevan Thulasidas as chairman and managing director of Air-India. The tenure of Thulasidas, a 1972 batch IAS officer from Manipur-Tripura cadre, was coming to an end on Thursday.

Sobha promoter in billionaire club

Sobha promoter in billionaire club

Rediff.com   21 Dec 2006

P N C Menon, chairman of Sobha Developers, joined the billionaire club today, with the market value of his shares in his newly listed company touching Rs 6,135 crore

Reliance Life closes in on $1 bn US buy

Reliance Life closes in on $1 bn US buy

Rediff.com   21 Dec 2006

Mukesh Ambani-promoted biotech venture Reliance Life Sciences is close to acquiring a US company for nearly $1 billion (Rs 4,500 crore).

'SpiceJet to be McDonald's of the sky'

'SpiceJet to be McDonald's of the sky'

Rediff.com   15 Dec 2006

Avani or SpiceJet: which is the love of his life? For Ajay Singh, that's a tough one to answer.

Airlines keen to scale Great Wall

Airlines keen to scale Great Wall

Rediff.com   15 Dec 2006

Domestic airlines are keen to bring China into their network as the latter is set to become the country's top trade partner in the coming years.

TCS bags SCI contract

TCS bags SCI contract

Rediff.com   15 Dec 2006

IT major Tata Consultancy Services has bagged the contract to implement end-to-end solutions for national flag carrier Shipping Corporation of India.

Nimbus to sell 25% for $125 million

Nimbus to sell 25% for $125 million

Rediff.com   15 Dec 2006

Nimbus Communications has agreed to sell a one-fourth stake to an international media giant for $125 million (Rs 562 crore), valuing the company at Rs 2,250 crore

Corus: Rising bids raise fear of Winner's Curse

Corus: Rising bids raise fear of Winner's Curse

Rediff.com   14 Dec 2006

The rising heat in the race between Tata Steel and Brazil's CSN to acquire Anglo-Dutch steelmaker Corus

Ruias eye war chest for Hutch

Ruias eye war chest for Hutch

Rediff.com   14 Dec 2006

Egypt minister to discuss Orascom.

Tata likely to fight back on Corus

Tata likely to fight back on Corus

Rediff.com   13 Dec 2006

Company may up bid further: Analysts.