Sanjay Jog &Amp; Krishna Kant In Mumbai

Stories by Sanjay Jog &Amp; Krishna Kant In Mumbai

Infrastructure firms shed debt as asset sales rise

Infrastructure firms shed debt as asset sales rise

Rediff.com   2 Sep 2014

Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.

Credit ratings conceal more than they reveal

Credit ratings conceal more than they reveal

Rediff.com   27 Aug 2014

Companies with contrasting financial ratios enjoy similar credit ratings; agencies say they look at many other metrics.

Congress, NCP to commence alliance talks today

Congress, NCP to commence alliance talks today

Rediff.com   19 Aug 2014

The commencement of negotiations is close on the heels of the recent decision taken by the Congress and Nationalist Congress Party high commands, to continue alliance during the state assembly election.

18.5 mn Mumbaikars travelled on Mumbai Metro since June 8

18.5 mn Mumbaikars travelled on Mumbai Metro since June 8

Rediff.com   12 Aug 2014

The rise in commuters was also despite the state-run Mumbai Metropolitan Region Development Authority filing a petition against MMOPL on fare fixation.

Tata group's finances back on track after 7 years

Tata group's finances back on track after 7 years

Rediff.com   7 Aug 2014

Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.

Top business families hold on to their stake in firms

Top business families hold on to their stake in firms

Rediff.com   30 Jul 2014

Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.

Dalal Street rally? Combined net of 290 cos rises 2.4% only!

Dalal Street rally? Combined net of 290 cos rises 2.4% only!

Rediff.com   28 Jul 2014

The same set of companies had reported 3.8 per cent annual net profit growth in the previous quarter and 7.5 per cent annual growth in the same quarter last financial year.

India's nuclear capacity could jump threefold by 2023-24: Modi

India's nuclear capacity could jump threefold by 2023-24: Modi

Rediff.com   22 Jul 2014

Modi praised the contribution of nuclear scientists in the successful implementation of India's three-stage nuclear programme.

Power sectors hopes for reforms in the upcoming Budget

Power sectors hopes for reforms in the upcoming Budget

Rediff.com   27 Jun 2014

Santosh Kamath, partner (infrastructure and government services), KPMG in India, expects an extension of a tax holiday for the sector.

Foreign inflows in debt zoom to a record high

Foreign inflows in debt zoom to a record high

Rediff.com   26 Jun 2014

Previous peak in 2010 crossed in first five-and-a-half months this year.

Rain pain: Maharashtra stares at water scarcity threat

Rain pain: Maharashtra stares at water scarcity threat

Rediff.com   25 Jun 2014

Cabinet sub-committee to review the situation and take necessary steps.

Ahead of Maharashtra polls, Shinde to meet Sonia on leadership change

Ahead of Maharashtra polls, Shinde to meet Sonia on leadership change

Rediff.com   24 Jun 2014

Congress leader Sushilkumar Shinde left for New Delhi on Monday, where he is expected to meet Congress President Sonia Gandhi and submit his views on the change of leadership in Maharashtra and also suggest measures to revive the party ahead of the assembly elections slated for September-October.

NCP denies merger with Congress ahead of Maharashtra polls

NCP denies merger with Congress ahead of Maharashtra polls

Rediff.com   23 Jun 2014

The ruling Nationalist Congress Party in Maharashtra clarified on Sunday that it had received no proposal from the Congress for a merger nor did it have any such plan in the run-up to the election to the 288-member state assembly slated for September-October.

Cement is the new FMCG on Dalal Street

Cement is the new FMCG on Dalal Street

Rediff.com   18 Jun 2014

Players like UltraTech Cement more expensive than ITC and HUL; others catching up fast.

Sharad Pawar refuses to be NCP's chief ministerial candidate

Sharad Pawar refuses to be NCP's chief ministerial candidate

Rediff.com   9 Jun 2014

Nationalist Congress Party president Sharad Pawar on Sunday declared that he was not going to be the party's chief ministerial candidate for the forthcoming Maharashtra assembly election slated for September-October.

IT sector beats financial firms in salary payouts

IT sector beats financial firms in salary payouts

Rediff.com   8 Jun 2014

Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.

Munde's daughter, Gadkari, Shah to help BJP sail through in Maharashtra

Munde's daughter, Gadkari, Shah to help BJP sail through in Maharashtra

Rediff.com   5 Jun 2014

Pankaja Munde -- who lit the funeral pyre of her father Gopinath Munde on Wednesday at his ancestral village of Parli in Maharasthra along with Prime Minister Narendra Modi and party general secretary Amit Shah -- will lead the the Bharatiya Janata Party's campaign for the assembly elections scheduled for later this year.

Munde's death leaves BJP gasping in Maharashtra

Munde's death leaves BJP gasping in Maharashtra

Rediff.com   4 Jun 2014

The party has to zero in on its chief ministerial candidate from one of three leaders -- Union Minister for Surface Transport Nitin Gadkari, state BJP president Devendra Fadnavis and Leader of Opposition in the state council Vinod Tawde. But the biggest handicap with them is that they can't match Munde in terms of popularity.

Long road to full recovery for India Inc

Long road to full recovery for India Inc

Rediff.com   2 Jun 2014

Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.

Maharashtra Cong wants change in leadership

Maharashtra Cong wants change in leadership

Rediff.com   29 May 2014

Party insiders say the high command could consider replacing state chief Manikrao Thakre, reports Sanjay Jog.