M Saraswathy And Somasroy Chakraborty

Stories by M Saraswathy And Somasroy Chakraborty

Auto worker unions put grit in the gears

Auto worker unions put grit in the gears

Rediff.com   19 Apr 2013

The issues unions have been pursuing aggressively include forced suspensions, flexible work conditions, recognition of a union and salary parity for contract workers.

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.

Non-life insurers look at more premium increase

Non-life insurers look at more premium increase

Rediff.com   2 Apr 2013

Though exposure draft proposed 35-60% hike, Irda raised it only 19%.

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.

Air India deals stuck in land titles

Air India deals stuck in land titles

Rediff.com   21 Mar 2013

LIC had evinced interest to purchase the land at Baba Kharak Singh Marg at around Rs 800 crore.

Uncertain demand may change IT's hiring pattern

Uncertain demand may change IT's hiring pattern

Rediff.com   8 Mar 2013

Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.

Sebi and Irda clash again

Sebi and Irda clash again

Rediff.com   27 Feb 2013

The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.

Complex agenda for new insurance regulator chief

Complex agenda for new insurance regulator chief

Rediff.com   21 Feb 2013

Priority will be to maintain a balance between sector's growth and consumer welfare.

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.

Insurance sector looking for remunerative tax sops

Insurance sector looking for remunerative tax sops

Rediff.com   14 Feb 2013

Aim is to boost sales volumes and increase penetration.

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.

LIC investment touches Rs 14.8 lakh crore in Dec

LIC investment touches Rs 14.8 lakh crore in Dec

Rediff.com   13 Feb 2013

According to a presentation by LIC to Parliament standing committee on finance, total investment at the end of March 31, 2012 was Rs 13.49 lakh crore or Rs 13.49 trillion.

Banks cut credit panel meets as loan demand stays low

Banks cut credit panel meets as loan demand stays low

Rediff.com   4 Feb 2013

The pick-up in credit demand in coming months looks uncertain.

ICICI, Axis Bank raise deposit rates

ICICI, Axis Bank raise deposit rates

Rediff.com   29 Jan 2013

The Reserve Bank of India is widely expected to reduce the repo rate for the first time in nine months when it announces its third quarter policy review.

Remedy needed for India Inc's labour unrest

Remedy needed for India Inc's labour unrest

Rediff.com   28 Jan 2013

The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.

Changing tracks for the love of insurance

Changing tracks for the love of insurance

Rediff.com   24 Jan 2013

Primarily trained for a career in FMCG, he shifted to insurance when the opportunity came his way.

Kumar M Birla to be Birla Sun Life AMC chairman

Kumar M Birla to be Birla Sun Life AMC chairman

Rediff.com   17 Jan 2013

Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.

YES Bank in race to acquire RBS' retail assets

YES Bank in race to acquire RBS' retail assets

Rediff.com   15 Jan 2013

The move comes after RBS failed to close a deal involving sale of its India retail assets to Hongkong and Shanghai Banking Corporation.

India Inc pays directors far less than Cos Bill ceiling

India Inc pays directors far less than Cos Bill ceiling

Rediff.com   20 Dec 2012

Average salary of the 100 best-paid directors is 1% of their companies' net profit.

Life insurers take practical steps to reduce mis-selling

Life insurers take practical steps to reduce mis-selling

Rediff.com   18 Dec 2012

Puts in checks to reach customers before and after selling the policy.