Raghavendra Kamath &Amp; Abhijit Lele

Stories by Raghavendra Kamath &Amp; Abhijit Lele

SBI to turn aggressive against defaulting firms

SBI to turn aggressive against defaulting firms

Rediff.com   26 Jun 2013

SBI was slow in filing and following up on winding-up cases.

Siemens lays off 200, may cut more

Siemens lays off 200, may cut more

Rediff.com   21 Jun 2013

Globally, the company intends to cut expenses by $7.8 billion by 2014.

Soon, Starbucks at hospitals, schools, corporate campuses

Soon, Starbucks at hospitals, schools, corporate campuses

Rediff.com   19 Jun 2013

Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.

Slum development grounds GVK's Mumbai airport plans

Slum development grounds GVK's Mumbai airport plans

Rediff.com   16 Jun 2013

Realty plans hit roadblock; delay could hit modernisation

FII pull outs sway rupee with dollar

FII pull outs sway rupee with dollar

Rediff.com   11 Jun 2013

Significant investors in government bonds FIIs have been net sellers since May 22.

Inflation-indexation bonds: Not much for retail investors

Inflation-indexation bonds: Not much for retail investors

Rediff.com   4 Jun 2013

They can wait, as RBI has indicated the bonds could be linked to CPI in future.

Essel group set to double its offshore realty fund

Essel group set to double its offshore realty fund

Rediff.com   3 Jun 2013

The group was originally planning to raise a $100-million (around Rs 560 crore today) offshore fund but is now targetting $200 million, said Amit Goenka, managing director and chief executive of Essel Financial Services, the group's financial services arm.

Mumbai school among suitors of Thomas Cook head office property

Mumbai school among suitors of Thomas Cook head office property

Rediff.com   28 May 2013

Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.

UB Group takes lenders to court

UB Group takes lenders to court

Rediff.com   27 May 2013

SBI says recovery process on as no court stay yet.

Hefty price fails to deter bidders for Cadbury House

Hefty price fails to deter bidders for Cadbury House

Rediff.com   26 May 2013

Prime property rates in South Mumbai at Rs 60,000 a sq ft remain high despite a slowing realty market.

Akshaya Tritiya leaves real estate firms idling by

Akshaya Tritiya leaves real estate firms idling by

Rediff.com   14 May 2013

Developers and consultants said even buyers have not been showing much enthusiasm in booking properties, due to high prices and the overall lacklustre economic environment.

UCO Bank 'names and shames' S Kumar's CMD Kasliwal

UCO Bank 'names and shames' S Kumar's CMD Kasliwal

Rediff.com   9 May 2013

Bank issues public notice with photograph in Reid & Taylor default case.

Big Bazaar's new shopping scheme finds takers

Big Bazaar's new shopping scheme finds takers

Rediff.com   23 Apr 2013

To join 'Big Bazaar Profit Club', a customer has to pay Rs 10,000, after which he can shop for Rs 1,000 a month for 12 months.

Oracle's lofty Bandra office deal could lift realty

Oracle's lofty Bandra office deal could lift realty

Rediff.com   11 Apr 2013

At Rs 340 a square feet a month, the nine-year pact is among the costliest.

Banks raise cautionary bar on gold loan companies

Banks raise cautionary bar on gold loan companies

Rediff.com   28 Mar 2013

They have sought data from these companies on loss absorption capacity in case of a fall in gold prices and higher defaults.

Pantaloon's debt to come down to Rs 1,900 cr by June

Pantaloon's debt to come down to Rs 1,900 cr by June

Rediff.com   28 Mar 2013

The company's total debt is Rs 5,500 crore (Rs 55 billion) as of December 31, 2012.

We can manage without FDI, say retail CFOs

We can manage without FDI, say retail CFOs

Rediff.com   19 Mar 2013

Tesco, which has a franchise agreement with Trent Hypermarkets for the latter's back-end operations, is believed to be interested in investing in those hypermarkets

HUL plans to sell property in metros

HUL plans to sell property in metros

Rediff.com   13 Mar 2013

FMCG giant HUL sold or leased its landmark commercial properties, including its former headquarters, last year.

Biyani, Hong Kong billionaire to form JV

Biyani, Hong Kong billionaire to form JV

Rediff.com   11 Mar 2013

To operate large wholesale markets and imports.

Affordable home sales may go up 20%, luxury sales to crawl

Affordable home sales may go up 20%, luxury sales to crawl

Rediff.com   4 Mar 2013

A day after the Budget, the industry estimates the sale of affordable homes could increase up to 20 per cent this year due to an additional exemption granted to first-time buyers.