Krishna Kant, Shine Jacob &Amp; Sachin P Mampatta

Stories by Krishna Kant, Shine Jacob &Amp; Sachin P Mampatta

Why Railways' transformation plan has gone off-track

Why Railways' transformation plan has gone off-track

Rediff.com   1 Aug 2019

There was a plan to increase the Railways' revenue by augmenting carrying capacity. This target has, however, become the source of a bitter battle between two ministries - the railways and steel - and provoked serious arguments over the "Make in India" programme.

Debt profile worsens for V G Siddhartha's unlisted private companies

Debt profile worsens for V G Siddhartha's unlisted private companies

Rediff.com   1 Aug 2019

The financials of six privately held companies associated with Siddhartha show an increase in debt and falling ability to meet short-term obligations.

Brokers exit cash segment, numbers drop by a quarter

Brokers exit cash segment, numbers drop by a quarter

Rediff.com   24 Jul 2019

High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable.

A record 101 BSE500 firms have skipped paying dividend

A record 101 BSE500 firms have skipped paying dividend

Rediff.com   17 Jul 2019

The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.

NBFC job losses mount as lending plummets

NBFC job losses mount as lending plummets

Rediff.com   16 Jul 2019

'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'

Indian Railways' heritage routes likely to be monetised

Indian Railways' heritage routes likely to be monetised

Rediff.com   10 Jul 2019

The railways heritage lines that are part of the UNESCO-accorded sites list include Darjeeling Himalayan Railway, Nilgiri Mountain Railway, and Kalka Shimla Railway.

This is a reform-oriented Budget: Piyush Goyal

This is a reform-oriented Budget: Piyush Goyal

Rediff.com   6 Jul 2019

'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'

Supermarkets in India may soon sell petrol, diesel

Supermarkets in India may soon sell petrol, diesel

Rediff.com   25 Jun 2019

If the reforms are implemented, multi-brand retail majors such as Future Group and Reliance Retail might enter the fuel retail space.

Rate cut may not spur corporate capex

Rate cut may not spur corporate capex

Rediff.com   18 Jun 2019

Historically, there has been no correlation between growth in bank credit to industry and lower benchmark interest rate

Anomaly in Facebook poll spend data

Anomaly in Facebook poll spend data

Rediff.com   15 Jun 2019

'Unknown' location advertisement spends were nearly 74% higher than the next biggest spender, Uttar Pradesh.

Railways' massage plans finally go on track

Railways' massage plans finally go on track

Rediff.com   10 Jun 2019

The Ratlam division of the national transporter is planning to provide head and foot massages to passengers in 39 trains originating from Indore railway

Borrowing costs come back to bite earnings of India Inc

Borrowing costs come back to bite earnings of India Inc

Rediff.com   6 Jun 2019

The combined interest payment for India's top listed companies, excluding financial and oil and gas firms, was up 15.2 per cent year-on-year during the six months ended March 2019, outpacing the change in net sales and operating profit.

Biggest challenge facing Modi's Ujjwala Yojana

Biggest challenge facing Modi's Ujjwala Yojana

Rediff.com   5 Jun 2019

One of the major challenges before the government is that the annual average refill by a PMUY consumer is 3.28 cylinders compared to seven for others.

3 in race to bag civil work contract of bullet train

3 in race to bag civil work contract of bullet train

Rediff.com   5 Jun 2019

L&T, Ircon International and Tata Projects have showed interest in a tender issued by the National High Speed Rail Corporation, implementing agency for the project. The tender is for construction of stations, bridges, viaducts, maintenance depots and tunnels.

It will take 346 years for you to match your MP's assets

It will take 346 years for you to match your MP's assets

Rediff.com   5 Jun 2019

The average assets of an MP are now 345.8 times that of an annual income of a tax-filing individual, reports Sachin P Mampatta.

Will petro products finally come under GST?

Will petro products finally come under GST?

Rediff.com   27 May 2019

The new government may also introduce a separate scheme for revival of stranded gas-based power projects

As party spends drop, Facebook political ad revenues tapers off

As party spends drop, Facebook political ad revenues tapers off

Rediff.com   17 May 2019

The cumulative spends on Google are in excess of Rs 27.4 crore. There have been 14,837 advertisements on Google platforms.

Another data mismatch! This time at the Railways

Another data mismatch! This time at the Railways

Rediff.com   16 May 2019

A change in electrification criterion in April 2017, with retrospective effect, helped the government add "already electrified 3,090 rkm" to its credit.

'Congress is not serious about its fight against BJP'

'Congress is not serious about its fight against BJP'

Rediff.com   5 May 2019

'The Congress's arrogance and unrealistic claims have weakened the anti-BJP movement at the national level.'

Rakesh Jhunjhunwala sees NDA government

Rakesh Jhunjhunwala sees NDA government

Rediff.com   5 May 2019

Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.