Raghavendra Kamath And Neeraj Thakur In Mumbai, New Delhi

Stories by Raghavendra Kamath And Neeraj Thakur In Mumbai, New Delhi

Indian staff salaries match rivals

Indian staff salaries match rivals

Rediff.com   17 May 2007

The salaries of Indian's ground staff, who have threatened to strike work over wage arrears, are on a par with their peers in Air-India (AI) and other private airlines.

M&M mulls agri logistics venture

M&M mulls agri logistics venture

Rediff.com   14 May 2007

The $4 billion tractor-to-IT conglomerate Mahindra & Mahindra is in talks with European fresh produce supply chain and distribution companies to set up a supply joint venture to cater to international and domestic markets.

Core sector firms cashing in on realty boom

Core sector firms cashing in on realty boom

Rediff.com   9 May 2007

The picture is becoming bigger for the core sector. Lower margins from infrastructure projects and expectations of a higher yield from real estate projects have seen many a core sector company jumping on the realty bandwagon.

BPOs find smaller towns attractive

BPOs find smaller towns attractive

Rediff.com   9 May 2007

WNS, for instance, has 1,200 people in Nashik, a tier II city. It is looking at expanding its presence in tier II cities.

Construction to cash in on core sector boom

Construction to cash in on core sector boom

Rediff.com   2 May 2007

The sales of construction companies are expected to rise in the current quarter and financial year on the back of strong order books and increased activity in infrastructure.

FM asks banks to curb home and retail loans

FM asks banks to curb home and retail loans

Rediff.com   20 Apr 2007

Union Finance Minister P Chidambaram has asked public sector banks to go slow on disbursals of home and other consumption loans to help fight inflation.

Starbucks submits application for India foray

Starbucks submits application for India foray

Rediff.com   20 Apr 2007

Three months after the Foreign Investment Promotion Board put its entry into India on hold, US coffee retail giant Starbucks has sent a revised application to operate single-brand retail stores under a restructured entity.

Law repeal may free up land in Mumbai

Law repeal may free up land in Mumbai

Rediff.com   19 Apr 2007

Rating agencies think repealing the archaic law would help attain greater transparency and efficiency and reduce problems in accessing funds overseas.

Pharma firms face ban on Merck generic

Pharma firms face ban on Merck generic

Rediff.com   16 Apr 2007

Over 30 domestic pharmaceutical companies, including Ranbaxy, Cipla, Nicholas Piramal, Zydus Cadila and Torrent, face a possible ban on the sale of the generic version of Merck's pain management drug in the Indian market.

JB group to foray in hospitality, mulls banking

JB group to foray in hospitality, mulls banking

Rediff.com   9 Apr 2007

Joining the big league of the global hotel chains expanding in India, Hong Kong-based $2 billion JB group will set up as many as 20 hotels and shopping malls in the country over the next three years.

Rate hike won't ruin party: CEOs

Rate hike won't ruin party: CEOs

Rediff.com   9 Apr 2007

Thirty-four of the CEOs polled, or 89.5 per cent, said they would not scale down business projections for 2007-08, though 28 of them, or 73.7 per cent, expect money to become costlier.

Logan may not spawn price cuts for now

Logan may not spawn price cuts for now

Rediff.com   6 Apr 2007

The two petrol models of the Logan are priced between Rs 428,000 and Rs 644,000, while its diesel model's price range is Rs 547,000 to Rs 651,000. The range overlaps the pricing of the premium hatchbacks as well as of mid-size cars.

HLL sells Sangam to Spinach

HLL sells Sangam to Spinach

Rediff.com   5 Apr 2007

Move raises doubts about the viability of the business model in organised retail.

Cement manufacturers unmoved by duty cuts

Cement manufacturers unmoved by duty cuts

Rediff.com   5 Apr 2007

The country's leading steel companies were considering a price increase of Rs 1,000-2,000 per tonne from April 1, despite a partial rollback last month.

Tata Power buys 30% in Indonesian firm

Tata Power buys 30% in Indonesian firm

Rediff.com   2 Apr 2007

Tata Power, the country's largest private utility by sales, announced the acquisition of 30 per cent stake in two coal mining units and a related trading outfit of Indonesia's PT Bumi Resources for nearly Rs 4,740 crore ($1.1 billion).

Durables' prices may rise

Durables' prices may rise

Rediff.com   21 Mar 2007

Refrigerators or ACs could be dearer soon as the consumer durable companies start conforming to energy efficiency standards.

Reddy's, Ranbaxy not to go all out for Merck

Reddy's, Ranbaxy not to go all out for Merck

Rediff.com   12 Mar 2007

With the bidding for the generics business of Merck set to begin from Monday, domestic pharmaceutical companies in the fray, Ranbaxy Laboratories and Dr Reddy's Laboratories, are unlikely to go for an all-out bidding war.

M&M wins race for Punjab Tractors

M&M wins race for Punjab Tractors

Rediff.com   9 Mar 2007

Mahindra & Mahindra (M&M), the country's largest tractor company, has acquired the controlling stake in Punjab Tractors Ltd (PTL), the fourth largest tractor firm, outbidding Hinduja group firm Ashok Leyland.

Realty firms cash in on land near upcoming SEZs

Realty firms cash in on land near upcoming SEZs

Rediff.com   7 Mar 2007

Real estate companies are rushing in on the opportunities galore around the two SEZs promoted by Reliance Industries.

Wal-Mart deputy chief gets feel of Indian retail

Wal-Mart deputy chief gets feel of Indian retail

Rediff.com   23 Feb 2007

With his Mumbai sojourn,Wal-Mart Vice-Chairman Michael Duke gave enough signals that Wal-Mart is testing waters before it actually enters the organised retail in India.