Pavan Lall &Amp;Amp; Dev Chatterjee

Stories by Pavan Lall &Amp;Amp; Dev Chatterjee

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Rediff.com   30 Aug 2018

Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years

Adani group, RIL, Tata lead race to buy bankrupt firms

Adani group, RIL, Tata lead race to buy bankrupt firms

Rediff.com   29 Aug 2018

Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.

Discover India's poshest homes

Discover India's poshest homes

Rediff.com   6 Aug 2018

These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.

Is Mahindra Roxor a copy of Fiat Chrysler's Jeep?

Is Mahindra Roxor a copy of Fiat Chrysler's Jeep?

Rediff.com   4 Aug 2018

FCA has alleged that the Roxor, which M&M imports in the US from India as knocked-down kits, was "a nearly identical copy of the iconic Jeep design", adding that the product was modelled after the original Willys Jeep.

Kumar Birla on how buying Aleris helps Hindalco

Kumar Birla on how buying Aleris helps Hindalco

Rediff.com   27 Jul 2018

'Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco's $6-billion revenue, then on a consolidated basis, we will become the world's largest aluminium company outside China.'

GoAir readies ambitious plans to boost growth

GoAir readies ambitious plans to boost growth

Rediff.com   16 Jul 2018

The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.

Why ICICI Bank selected Sandeep Bakhshi to fix its crisis

Why ICICI Bank selected Sandeep Bakhshi to fix its crisis

Rediff.com   29 Jun 2018

Of the existing set of potential leaders, Bakhshi was clearly the only choice as he beat out other high-level candidates that included executive directors Anup Bagchi, Vishakha Mulye, NS Kannan, and Vijay Chandok who were lacking the all-round game that Bakhshi has.

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

Rediff.com   28 Jun 2018

While far from being a currency war, India does not have much of an option but to depreciate to accommodate its exports at a time when China shows its intent to let its currency depreciate.

Chandra's Midas touch helps Tata group profit to rise 35%

Chandra's Midas touch helps Tata group profit to rise 35%

Rediff.com   22 Jun 2018

On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace

Under new boss, Ginger hotels to expand in asset-light mode

Under new boss, Ginger hotels to expand in asset-light mode

Rediff.com   21 Jun 2018

The renovations at the old hotels will be complete in two and a half years and tariffs will range between Rs 2,500 and Rs 4,000

Lamborghini races to the top in India's super sports cars segment

Lamborghini races to the top in India's super sports cars segment

Rediff.com   21 Jun 2018

Buoyed by the success in a tiny but exclusive market, Lamborghini India, which operates dealerships in Mumbai, New Delhi and Bengaluru, is going to roll out another two, in Kolkata and Chennai, in the near future.

Only 25% of India's workforce is female, says McKinsey report

Only 25% of India's workforce is female, says McKinsey report

Rediff.com   20 Jun 2018

The report suggests India in the longer term needs to create far more jobs in the formal organised sector -- 97 per cent of all female worker activity is in the informal sector

The judge who will decide Chanda Kochhar's fate

The judge who will decide Chanda Kochhar's fate

Rediff.com   19 Jun 2018

'It's still very early. I have just been handed over the matter and therefore I haven't formed any views on it as yet,' Justice B N Srikrishna tells Pavan Lall.

BMW eyes top spot in luxury car segment with 16 launches in 2018

BMW eyes top spot in luxury car segment with 16 launches in 2018

Rediff.com   31 May 2018

The challenge for BMW is to overtake Mercedes-Benz, which bounced back three years ago to become king of the hill.

How Samsonite plans to expand market share

How Samsonite plans to expand market share

Rediff.com   18 May 2018

Samsonite's factory in Nasik currently makes around 80,000 units a month and plans to go up to 100,000 units

Flipkart shows retail majors how to play the online game

Flipkart shows retail majors how to play the online game

Rediff.com   13 May 2018

Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?

The UK businessman saving Indian companies from insolvency

The UK businessman saving Indian companies from insolvency

Rediff.com   12 May 2018

Sanjeev Gupta of Liberty House, a global supplier of metals and engineering solutions, who has emerged front-runner for a number of stressed companies, plans to fund a string of companies through a mix of equity and debt.

Why India is a prime destination for PE investors

Why India is a prime destination for PE investors

Rediff.com   10 May 2018

The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Rediff.com   9 May 2018

Siva group defaulted on payment in 2016 and is also facing CBI investigation

What the future holds for Biocon

What the future holds for Biocon

Rediff.com   6 May 2018

'The obvious opportunity is biosimilars, which are simpler but more expensive,' says Kiran Mazumdar-Shaw, founder of Biocon.