Peerzada Abrar &Amp; Abhijit Lele

Stories by Peerzada Abrar &Amp; Abhijit Lele

India Inc goes slow on rupee bonds, eyes international market

India Inc goes slow on rupee bonds, eyes international market

Rediff.com   15 Mar 2021

Indian corporate are fast tapping the international bonds market to raise funds for their operational expenses even as they reduce their presence in the rupee bond market. As bonds are costlier for companies and investors are more sceptical than the banks, chief financial officers say they are looking at other avenues for raising funds in the coming months as dollar bond rates are lower in the range of 100 to 250 basis points. "For corporate with reasonable credit quality, the Indian bond market has become less of an option from a cost point of view. "In addition, conditions imposed in the Indian bond market by investors post Franklin episode have also become very onerous," said Prabal Banerjee, president-finance of Bajaj group. "Hence very few corporate are looking at the local bond market for resource mobilisation, since both, bank loans and the overseas bond markets are much more attractive," he said.

Out of PCA, IDBI Bank can now expand business

Out of PCA, IDBI Bank can now expand business

Rediff.com   11 Mar 2021

The bank will now be in a position to resume normal lending activity, including corporate lending, with tightened risk management framework.

E-com firms want govt to 'tweak' existing export policies

E-com firms want govt to 'tweak' existing export policies

Rediff.com   9 Mar 2021

E-commerce firms and sellers including Amazon and eBay have made recommendations to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021. This is because the existing policies on exports have catered largely to traditional, offline and business-to-business exports. Suggestions have been made to the government that through the FTP, it is important to create a conducive policy framework for e-commerce exports that lowers the entry barrier for small businesses to start exporting, according to the industry sources.

Flipkart keen to add Cleartrip to its cart

Flipkart keen to add Cleartrip to its cart

Rediff.com   3 Mar 2021

Apart from air travel, Flipkart would also be able to offer train bookings through Cleartrip.

Uber's business shows strong recovery signs post lockdown in India

Uber's business shows strong recovery signs post lockdown in India

Rediff.com   2 Mar 2021

As Indians start travelling in the new normal, strong recovery in smaller towns underscores success for ride-hailing giant's 'India to Bharat' strategy, which offers new products in regional markets.

India set to have 150 unicorns by 2025

India set to have 150 unicorns by 2025

Rediff.com   2 Mar 2021

$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.

How Covid changed the lives of Amazon India's employees

How Covid changed the lives of Amazon India's employees

Rediff.com   21 Feb 2021

From virtual yoga to empathy, the pandemic has prompted the e-commerce giant to double down on building innovations focused on improving remote work culture especially employee well-being, both mental and physical.

'We are the eyes and brain of the missile'

'We are the eyes and brain of the missile'

Rediff.com   15 Feb 2021

'Our sensors allow the missile to locate and identify the target even if it's on the move.'

Singapore-based DBS Bank plans to trim India branches in 2-3 years

Singapore-based DBS Bank plans to trim India branches in 2-3 years

Rediff.com   15 Feb 2021

The combined deposits of its Indian operations stood at SGD 9 billion and net advances were at SGD 5.6 billion at the end of December 2020.

Ola to deploy robots at its electric scooter factory

Ola to deploy robots at its electric scooter factory

Rediff.com   12 Feb 2021

Ola's factory will create 10,000 jobs and serve as the company's global manufacturing hub for India and international markets.

Cash was king in 2020 even as digital transactions increased

Cash was king in 2020 even as digital transactions increased

Rediff.com   20 Jan 2021

The hoarding of cash accentuated from the very start of 2020, when the coronavirus pandemic started taking hold the world over, and fear of the pandemic prodded people to remain liquid for emergency use.

How Amazon Academy will help students crack JEE

How Amazon Academy will help students crack JEE

Rediff.com   14 Jan 2021

Live lessons help students strengthen their JEE preparation. They can also track their progress over time, identify strong and weak areas, get insights on overall test-taking strategy.

Show-cause notice to Amazon India over Rs 175 cr tax demand

Show-cause notice to Amazon India over Rs 175 cr tax demand

Rediff.com   13 Jan 2021

Probe has allegedly found calculation errors by Amazon. The company paid higher GST but instead of claiming refund took wrong input tax credit.

How WhatsApp's new privacy policy affects you

How WhatsApp's new privacy policy affects you

Rediff.com   7 Jan 2021

The most prominent changes deal with how WhatsApp shares information with Facebook and its subsidiaries.

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore

Rediff.com   6 Jan 2021

The development of the constitution of the tribunal comes at a time when the Delhi high court in December 2020 refused to restrain Amazon from interfering in Future Retail's deal with Reliance Retail by writing to statutory authorities.

'Economy well placed to capitalise on recovery in 2021'

'Economy well placed to capitalise on recovery in 2021'

Rediff.com   6 Jan 2021

'The financial sector's performance in the first two quarters was a revelation.' 'It clearly showed the clean-up had been done in the past one-and-a-half years and that capital brought in was significantly stronger.'

In a way, pandemic was a boon for Indian e-commerce firms

In a way, pandemic was a boon for Indian e-commerce firms

Rediff.com   1 Jan 2021

E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year, Experts say e-commerce adoption in the country is accelerating by multiple years or what it would have looked like in 2025.

From loan moratorium to digitisation, 2020 saw major shifts in banking

From loan moratorium to digitisation, 2020 saw major shifts in banking

Rediff.com   30 Dec 2020

While lenders create a hype around the services offered on digital platforms, customers think otherwise, given that frustration due to the quality of service has only increased, over the years.

Pros and cons of Indian banks' cross-selling initiatives

Pros and cons of Indian banks' cross-selling initiatives

Rediff.com   28 Dec 2020

In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.