Sambit Saha &Amp; Ishita Ayan Dutt In New Delhi

Stories by Sambit Saha &Amp; Ishita Ayan Dutt In New Delhi

Tata Global Beverages taps PE firms for stake sale

Tata Global Beverages taps PE firms for stake sale

Rediff.com   10 Nov 2010

UK-based investment bank Rothschild is advising Tata Global Beverages.

China's Wuhan to invest in Tata-CSN venture

China's Wuhan to invest in Tata-CSN venture

Rediff.com   12 Jul 2010

After signing on Tata Steel in 2007 and Brazil's CSN in 2009, Riversdale has roped in China's Wuhan Iron and Steel Corporation (Wisco).

15 yrs, 900 annual reports and Rs 6 cr of revenue

15 yrs, 900 annual reports and Rs 6 cr of revenue

Rediff.com   7 Jul 2010

Kolkata-based Trisys has made over 900 annual reports for companies.

New Aussie govt brings cheer to Indian miners

New Aussie govt brings cheer to Indian miners

Rediff.com   1 Jul 2010

A new government has taken office in Australia, which has said it will review its predecessor's controversial proposal for a 40 per cent super-profit tax on mining revenues.

Afghan mines remain a no-entry zone for India Inc

Afghan mines remain a no-entry zone for India Inc

Rediff.com   24 Jun 2010

A little over a year before, when the Hajigak iron ore deposit was put up for grabs, at least five companies - Essar Minerals, JSW Steel, Rashtriya Ispat Nigam, Sesa Goa and Ispat Industries - had evinced interest.

Steel firms may cut prices from June

Steel firms may cut prices from June

Rediff.com   19 May 2010

In what could mark the end of a bull run, flat steel producers are likely to cut prices from June.

It's cheers and jeers for Tata group at Teesside

It's cheers and jeers for Tata group at Teesside

Rediff.com   10 May 2010

Teesside, located in the north-east region of the UK, is an important part of the Tata Group's business presence abroad. It also has two contrasting tales for India's largest business group.

Indiabulls stakes claim to Navi Mumbai plot

Indiabulls stakes claim to Navi Mumbai plot

Rediff.com   3 May 2010

Says Bhushan-Essel combine, the highest bidder, has withdrawn but latter denies having done so.

Nano proving an expensive dream for Tata

Nano proving an expensive dream for Tata

Rediff.com   3 May 2010

Tata group Chairman Ratan Tata did live up to his promise of delivering a Rs 1 lakh car. But, that promise is now costing Tata Motors dear.

Naxal hits to pull NMDC net down by Rs 1,000 cr

Naxal hits to pull NMDC net down by Rs 1,000 cr

Rediff.com   20 Apr 2010

When the country's largest iron ore producer, NMDC, declares its financial results for 2009-2010, it will report a Rs 1,000-crore drop in net profit. Not on account of last year's slowdown, but Naxalite attacks.

Mamata skips Singur event, farmers not surprised

Mamata skips Singur event, farmers not surprised

Rediff.com   15 Apr 2010

Railway Minister and Trinamool Congress chief Mamata Banerjee gave Singur, the erstwhile site for Tata Motors' Nano that made her popular, a miss.

'Govt employees enjoy more freedom'

'Govt employees enjoy more freedom'

Rediff.com   12 Mar 2010

Rana Som, chairman and managing director of state-owned miner NMDC that is currently raising money through a follow-on public offer, is something of a contrarian. He believes the government gives employees more decision-making freedom than private sector promoters.

Car prices set to rise again, courtesy steel

Car prices set to rise again, courtesy steel

Rediff.com   12 Mar 2010

All car makers passed on the two per cent hike in excise duty to consumers soon after the Budget.

Tata Motors, Nano vendors not giving up Singur

Tata Motors, Nano vendors not giving up Singur

Rediff.com   5 Mar 2010

The land taken by Tata Motors at Singur for the erstwhile Nano car factory, and by the many companies who invested there to be vendors to the project, isn't set to change hands anytime soon.Tata and the vendors both say they plan to hold on to the lease titles, even as Trinamool Congress chief and Union railway minister Mamata Banerjee and the West Bengal government continue with their political posturing over a plan for a rail coach factory at the location.

Why the Bengal intelligentsia is fragmented today

Why the Bengal intelligentsia is fragmented today

Rediff.com   15 Feb 2010

The Bengal intelligentsia that stood by Trinamool Congress (TMC) leader Mamata Banerjee is now divided on how to resolve the fracas at Lalgarh -- a generic name that represents the Naxal-stricken tribal heartland of West Bengal.

ITC stake in Leela rises to 7.37%

ITC stake in Leela rises to 7.37%

Rediff.com   15 Jan 2010

ITC's investment arm Russell Credit has raised its stake in Hotel Leelaventure to 7.37 per cent --an increase of 2.26 percentage points. The promoters of Mumbai-based Leela group, meanwhile, said they were not interested in tying the knot with ITC as a strategic partner in the growing hotels business.

Govt stops coal blocks allocation

Govt stops coal blocks allocation

Rediff.com   23 Dec 2009

The Centre has stopped allocating coal blocks to state governments till the Mines and Mineral (Development & Regulation) Act is implemented with the amendments.

Singur rail coach factory hinges on land solution

Singur rail coach factory hinges on land solution

Rediff.com   11 Dec 2009

The Railway Board is likely to utilise the undisputed 600 acres for setting-up a coach factory at Singur, the erstwhile site for the Nano project.

ITC reaps growth benefits from its green capital

ITC reaps growth benefits from its green capital

Rediff.com   7 Dec 2009

Twelve years on, and an unspecified amount of investment, ITC's green initiatives labelled as sustainability goals have translated into 24 per cent total shareholder returns, measured in terms of increased market capitalisation and dividends, at a compounded rate of growth.

Labour problem hits Tata Tea arm's image abroad

Labour problem hits Tata Tea arm's image abroad

Rediff.com   3 Dec 2009

The Nowera Nuddy tea estate of Amalgamated Plantations Pvt Ltd (APPL), a close to 50 per cent subsidiary of Tata Tea, accounts for a little more than 1 per cent of the company's tea production in North India, but is threatening its image as an 'ethical' group. The IUF, a global trade union, is running an international campaign against the lockout of the estate.