Manojit Saha &Amp; M Saraswathy

Stories by Manojit Saha &Amp; M Saraswathy

Banks tell SpiceJet to repay dues

Banks tell SpiceJet to repay dues

Rediff.com   18 Dec 2014

The Directorate General of Civil Aviation has been asked to open up bookings of SpiceJet till March 31, 2015, while airport operators have been asked to provide 15 days to the airline company for making payments.

5 reasons why Modi govt may miss FY15 divestment target

5 reasons why Modi govt may miss FY15 divestment target

Rediff.com   17 Dec 2014

It has so far managed to raise only Rs 1,700 crore (Rs 17 billion), by divesting a 5% stake in Steel Authority of India.

Swiss schools want more Indian students

Swiss schools want more Indian students

Rediff.com   12 Dec 2014

For the first time in India, Swiss Learning, an educational body managed by the Heads of Swiss Educational Institutes, has brought representatives from various schools from the country to meet stakeholders, Indian schools and parents of potential students.

New Insurance Bill is passed but firms not in a rush for FDI

New Insurance Bill is passed but firms not in a rush for FDI

Rediff.com   11 Dec 2014

Insurance firms want more clarity before increasing foreign partner's stake.

Theft-wary ATM service providers seek cover

Theft-wary ATM service providers seek cover

Rediff.com   6 Dec 2014

The insurance brokerage had experience of settling claims in Jammu and Kashmir and Visakhapatnam in Andhra Pradesh during natural catastrophes earlier this year.

Will Raghuram Rajan succumb to pressure to cut rates?

Will Raghuram Rajan succumb to pressure to cut rates?

Rediff.com   2 Dec 2014

Jaitley has made it a habit of giving soundbytes to the media like his predecessors on why RBI should cut interest rates

Jan Dhan: 72.5 mn accounts opened, but 75% have no balance

Jan Dhan: 72.5 mn accounts opened, but 75% have no balance

Rediff.com   13 Nov 2014

The data show close to 72.5 million accounts have been opened till November 10 with an average 500,000 opened every day.

E-commerce: Flood of complaints refuses to recede

E-commerce: Flood of complaints refuses to recede

Rediff.com   7 Nov 2014

There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.

5 reasons why Rajan may not cut rate in December

5 reasons why Rajan may not cut rate in December

Rediff.com   7 Nov 2014

RBI could opt for a 'deep cut' after winning inflation war, say experts.

GTL default: Banks stare at fresh NPAs of Rs 6,000 crore

GTL default: Banks stare at fresh NPAs of Rs 6,000 crore

Rediff.com   4 Nov 2014

A series of failed loan recast programmes continues to haunt banks.

Ulips are cheaper, yet not useful

Ulips are cheaper, yet not useful

Rediff.com   3 Nov 2014

Cost is not the only factor that one should look at. It's best to keep investment and insurance apart

Things you should know before buying a health policy

Things you should know before buying a health policy

Rediff.com   28 Oct 2014

Health insurance has almost 23 per cent market share in the general insurance space.

UBI knocks on EU regulator's door against Airbus

UBI knocks on EU regulator's door against Airbus

Rediff.com   28 Oct 2014

Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.

Insurance firms wake up to tackle fake claims

Insurance firms wake up to tackle fake claims

Rediff.com   23 Oct 2014

A senior life insurance official point out there have also been cases involving former insurance agents.

Misplaced euphoria: Why diesel deregulation won't change Rajan's mind on rate cuts

Misplaced euphoria: Why diesel deregulation won't change Rajan's mind on rate cuts

Rediff.com   23 Oct 2014

The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased

Rajan gets his way on RBI's restructuring plan

Rajan gets his way on RBI's restructuring plan

Rediff.com   22 Oct 2014

RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.

Good news! India's job market is looking up

Good news! India's job market is looking up

Rediff.com   21 Oct 2014

Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.

Cyclone Hudhud: Insurance claims to cross Rs 4,000 cr

Cyclone Hudhud: Insurance claims to cross Rs 4,000 cr

Rediff.com   15 Oct 2014

This could impact their books in the third quarter of the current financial year.

Life insurers oppose major change in provisions

Life insurers oppose major change in provisions

Rediff.com   11 Oct 2014

Section 45 in the new Bill says no claim can be repudiated after three years of the policy being in force, even if a fraud is detected, has sent life insurers into a tizzy.

Robust review before PSU bank chiefs are selected

Robust review before PSU bank chiefs are selected

Rediff.com   16 Sep 2014

The move to make the appointment process more robust comes after last month's arrest of S K Jain, chairman and managing director of Syndicate Bank last month, over graft charges.