Ruchika Chitravanshi &Amp; Somesh Jha

Stories by Ruchika Chitravanshi &Amp; Somesh Jha

NDMC caught between 2 masters on Taj auction

NDMC caught between 2 masters on Taj auction

Rediff.com   14 Aug 2013

The differing wings are the the Union home and urban development ministries -- the former is the parent ministry for the capital's administration and the other controls land decisions in this city. The issues is the proposed auction of the Taj Mahal (popularly called the Taj Mansingh, after the road on which it stands).

Welcome to India's discount economy

Welcome to India's discount economy

Rediff.com   13 Aug 2013

Besides malls and high-street stores, there's a rush of discounts while you are flying or holidaying in fancy hotels.

JNPT wants only 'big boys' for the 4th container terminal

JNPT wants only 'big boys' for the 4th container terminal

Rediff.com   6 Aug 2013

The project has been delayed by three years, after a consortium of Port of Singapore and ABG Ports, which had won the bid by offering to share more than 50 per cent of the revenue with JNPT, backed off from the project, citing several reasons.

Why do hotels fear a dent on margins

Why do hotels fear a dent on margins

Rediff.com   2 Aug 2013

Sectoral players feel addition of rooms could hit earnings.

Inflation: The spectre is a shadow of itself

Inflation: The spectre is a shadow of itself

Rediff.com   22 Jul 2013

Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.

Hearing on Taj Mahal hotel postponed

Hearing on Taj Mahal hotel postponed

Rediff.com   19 Jul 2013

The lease extension for the property expires in October.

Mixed pace but steady poverty decline

Mixed pace but steady poverty decline

Rediff.com   19 Jul 2013

Majority of 'Bimaru' states register faster fall in rural poverty, while pace mostly other way round for others

Aircel-Maxis probe stuck in last leg

Aircel-Maxis probe stuck in last leg

Rediff.com   16 Jul 2013

The agency had "almost finished" its probe into the matter, which involved Dravida Munnetra Kazhagam leader and former telecom minister Dayanidhi Maran, an official said.

We will have to reassess our growth estimate: C Rangarajan

We will have to reassess our growth estimate: C Rangarajan

Rediff.com   14 Jul 2013

'It appears the growth rate could be around six per cent'.

Adding 'Spice' to the banking licence

Adding 'Spice' to the banking licence

Rediff.com   4 Jul 2013

BK Modi-promoted group registers company 10 days before the deadline

Coal scam: Jharkhand govt went against its own recommendations

Coal scam: Jharkhand govt went against its own recommendations

Rediff.com   2 Jul 2013

Govt went against its own recommendation of Jun 20, 2007, where along with the 2 Jindal companies, it wanted 40% coal block to go to Lanco.

Food Security Bill faces fresh challenge

Food Security Bill faces fresh challenge

Rediff.com   30 Jun 2013

Experts say the Bill should include higher-value food items than just cereals

Taj Mansingh auction: Indian Hotels could lose first right of refusal

Taj Mansingh auction: Indian Hotels could lose first right of refusal

Rediff.com   28 Jun 2013

The decision was taken at a council meeting on Thursday after the home ministry wrote to the civic body to cancel the company's first right of refusal.

Amid tragedy, ministry mulls '777 days in Himalayas'

Amid tragedy, ministry mulls '777 days in Himalayas'

Rediff.com   26 Jun 2013

Even as the Uttarakhand floods are being referred to as man-made disasters, experts say such disasters are waiting to happen at places like Ooty and Munnar.

Projects worth Rs 150 lakh cr face delay

Projects worth Rs 150 lakh cr face delay

Rediff.com   20 Jun 2013

Almost half the overall projects costing at least Rs 150 crore (Rs 1.5 billion) are facing a time lag as on March 31. Of 558 projects, 272 were running late when FY13 came to an end, official data showed.

Floods choke travel sector's business

Floods choke travel sector's business

Rediff.com   19 Jun 2013

Travel companies, seeing massive cancellations, are now advising tourists to visit these destinations in August.

Rupee fall: Indian tourists cancel vacations abroad

Rupee fall: Indian tourists cancel vacations abroad

Rediff.com   16 Jun 2013

Travel companies are reducing the number of days from packages to make it more affordable for globe trotters.

CBI action soon on Maran's role in Aircel-Maxis deal

CBI action soon on Maran's role in Aircel-Maxis deal

Rediff.com   14 Jun 2013

The CBI had registered a case against former telecom minister Dayanidhi Maran, his brother MP Kalanithi Maran, Malaysian business tycoon and Maxis owner T Ananda Krishnan, and Maxis Director Ralph Marshall in October 2011.

More than 6% growth is still possible: Rangarajan

More than 6% growth is still possible: Rangarajan

Rediff.com   11 Jun 2013

C Rangarajan, chairman, Prime Minister's Economic Advisory Council tells Business Standard that the measures taken by the government will lead to economic growth of at least 6 per cent in FY14 against a decadal-low growth of 5 per cent in FY13.

Indian tourists cancel Turkey plans

Indian tourists cancel Turkey plans

Rediff.com   9 Jun 2013

Travel companies have been seeing cancellations and enquiries on safety issues are piling up.