Prachi Pisal &Amp; Ishita Ayan Dutt

Stories by Prachi Pisal &Amp; Ishita Ayan Dutt

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com   15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

GST Cut: How Much Will States Lose?

GST Cut: How Much Will States Lose?

Rediff.com   15 Sep 2025

Opposition-ruled states warn of steep annual losses; Centre assures higher consumption will offset revenue hit.

Realty firms upbeat on reforms, expect better affordability, project viability

Realty firms upbeat on reforms, expect better affordability, project viability

Rediff.com   5 Sep 2025

Real-estate firms have welcomed the Goods and Services Tax Council's reforms, expecting better affordability for buyers, spurring demand. The council has reduced the rate on cement from 28 per cent to 18 per cent, while the rate on sand lime bricks or stone inlay work and granite blocks has been cut to 5 per cent from 12 per cent.

'US Is An Important Market For Us'

'US Is An Important Market For Us'

Rediff.com   5 Sep 2025

Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.

Maratha Quota Stir: 'Business Is Affected'

Maratha Quota Stir: 'Business Is Affected'

Rediff.com   2 Sep 2025

'All commercial and banking transactions happen in South Mumbai.'

Q1 presales solid for India's top listed real estate firms, profits patchy

Q1 presales solid for India's top listed real estate firms, profits patchy

Rediff.com   29 Aug 2025

India's top listed real estate developers - DLF, Lodha Group, Prestige Estates, and Oberoi Realty, excluding Godrej Properties - reported strong presales growth in the first quarter (Q1) of 2025-26 (FY26), even as earnings showed a mixed trend. According to Nomura, the top five developers - DLF, Lodha, Prestige, Oberoi, and Godrej - recorded a cumulative 59 per cent year-on-year (Y-o-Y) growth in presales.

'UK steel ops to break even by FY26'

'UK steel ops to break even by FY26'

Rediff.com   26 Aug 2025

'Due to tariff uncertainty, automotive customers reduced their steel uplift by almost 15 per cent.'

Rentals on rise: Robust office space demand set to benefit landowners

Rentals on rise: Robust office space demand set to benefit landowners

Rediff.com   19 Aug 2025

Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.

Will Language Politics Help Didi Win 4th Term?

Will Language Politics Help Didi Win 4th Term?

Rediff.com   14 Aug 2025

Will Mamata's bhasha andolan campaign sway Bengal's bhadralok before the 2026 election in the TMC's favour?

When Workplace Stress Turns Deadly

When Workplace Stress Turns Deadly

Rediff.com   13 Aug 2025

At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Rediff.com   29 Jul 2025

Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.

India's Tea Giant Just Got British Roots

India's Tea Giant Just Got British Roots

Rediff.com   21 Jul 2025

For Luxmi, the Brew Tea deal ticks key boxes in its strategy, mainly, focusing on quality and branding.

DLF Returns to Mumbai with 800 Crore Bet

DLF Returns to Mumbai with 800 Crore Bet

Rediff.com   18 Jul 2025

'The market today is different -- more mature and conducive. As a national player, you can't not be in Mumbai. And competition is always good.'

Real estate slow to embrace technology as expenses mount

Real estate slow to embrace technology as expenses mount

Rediff.com   14 Jul 2025

Even as sectors across India embrace technological transformation, the construction side of the real estate industry continues to trail global trends. While technologies like Building Information Modelling (BIM), 3D printing, drone surveillance, and IoT-enabled smart building systems are increasingly common overseas, their adoption in Indian construction remains limited and largely experimental, developers said.

Why Affordable Housing Will Remain Muted Despite Rate Cut

Why Affordable Housing Will Remain Muted Despite Rate Cut

Rediff.com   10 Jul 2025

While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.

Chandra says Tata Steel's UK ops will turn Ebitda-positive this year

Chandra says Tata Steel's UK ops will turn Ebitda-positive this year

Rediff.com   3 Jul 2025

Tata Steel's UK operations, which have largely been a struggle since the acquisition, are expected to turn earnings before interest, tax, depreciation, and amortisation (Ebitda)-positive this financial year (2025-26/FY26) and possibly profitable by the next. Responding to shareholder queries at Tata Steel's annual general meeting, Tata group chairman N Chandrasekaran said, "We expect the UK to perform much better this year compared to last year - it will definitely be Ebitda-positive."

Why Mumbai, Bengaluru realtors are feeling the heat

Why Mumbai, Bengaluru realtors are feeling the heat

Rediff.com   3 Jul 2025

'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'

Tagore Letters Fetch Rs 5.9 Cr

Tagore Letters Fetch Rs 5.9 Cr

Rediff.com   30 Jun 2025

'Most of Tagore's important correspondence is held in institutional archives. So offerings like this in the public domain are few and far between.'

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

Rediff.com   26 Jun 2025

Reliance Industries (RIL), India's largest conglomerate, is set to pivot into a deeptech and advanced manufacturing enterprise, chairman and managing director (CMD) Mukesh Ambani said. "In artificial intelligence, our purpose is clear: to address complex societal challenges and create wealth for the nation and its people.

Welfare over sops for industry: Mamata digs in ahead of polls

Welfare over sops for industry: Mamata digs in ahead of polls

Rediff.com   26 Jun 2025

'The chief minister believes the poorest of the poor have the first right on government resources.'