Shine Jacob &Amp; Sanjeeb Mukherjee

Stories by Shine Jacob &Amp; Sanjeeb Mukherjee

'Sebi has given go ahead for RailTel IPO'

'Sebi has given go ahead for RailTel IPO'

Rediff.com   30 Nov 2020

'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'

States' own versions of farm Bills are falling short on farmers' needs

States' own versions of farm Bills are falling short on farmers' needs

Rediff.com   17 Nov 2020

Though the Bills of Punjab and Rajasthan have a lot of similarities, the one approved by the Chhattisgarh Assembly is structurally different. None of the three has tried to address a key demand of the agitating farmers in full, which is to make all payments below the MSP, within and outside mandis, illegal.

Data on India's burgeoning farm exports is not correct

Data on India's burgeoning farm exports is not correct

Rediff.com   17 Nov 2020

A closer look at the data reveals that a lot of the items are not part of this calculation. The notable ones include buffalo meat, marine exports, raw cotton, and plantation crops such as tea, coffee, rubber, etc.

Why food prices may remain high for a few months

Why food prices may remain high for a few months

Rediff.com   16 Nov 2020

'If you see the composition of items which are causing this spike in prices, most of them have little to do with the kharif harvest, except for pulses and vegetables to some extent.' 'I don't know on what basis the government is claiming that food prices will moderate in the weeks to come.'

The Kerala minister who's fighting for states in GST Council

The Kerala minister who's fighting for states in GST Council

Rediff.com   23 Oct 2020

Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.

New farm laws a major boost for FPOs

New farm laws a major boost for FPOs

Rediff.com   22 Oct 2020

The reforms will help FPOs procure directly from farmers, something that they have been pressing for long.

Worsening Centre, states relation poses a 'threat to federalism'

Worsening Centre, states relation poses a 'threat to federalism'

Rediff.com   20 Oct 2020

When the Centre tries to encroach upon the subjects that are under the prerogative of the state, or where the centre tries to evade from any responsibility guaranteed to a state through a constitutional provision/obligation, it poses a threat to federalism.

Traders want reduction in duty on chana, govt says no

Traders want reduction in duty on chana, govt says no

Rediff.com   17 Oct 2020

Chana is majorly imported from Australia and Tanzania and it attracts an import duty of 60 per cent. A section of the traders is demanding a reduction in import duty to around 35-40 per cent to tide over any shortage of the commodity as the new crop will start hitting the market only around mid-February.

First time in 60 years monsoon is above normal for two seasons in a row

First time in 60 years monsoon is above normal for two seasons in a row

Rediff.com   8 Oct 2020

This year, the monsoon was above normal in almost all parts, except in North-West India, which comprises the major grain producing states of Uttar Pradesh, Punjab, Haryana, Rajasthan, along with states such as Himachal Pradesh, the NCR, Uttarakhand, and J&K.

Delhi-Alwar rapid rail: India in talks for $3 bn funding

Delhi-Alwar rapid rail: India in talks for $3 bn funding

Rediff.com   7 Oct 2020

The project will be in three stages and sources indicate that the funding will be for the first stage of 107 kilometre from Sarai Kale Khan to SNB Urban Complex.

Newbies dream to become oil barons in limbo

Newbies dream to become oil barons in limbo

Rediff.com   3 Oct 2020

22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.

Indian Railways back on track, stems fall in freight traffic

Indian Railways back on track, stems fall in freight traffic

Rediff.com   2 Oct 2020

Revenue from freight operations also increased by 14 per cent to Rs 9,903 crore in September.

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Rediff.com   29 Sep 2020

Going by the current market cap of Rs 83,451.15 crore, 7.33 per cent stake in BPCL is expected to be valued around Rs 6,117 crore.

Agri Bills: Why Punjab and Haryana farmers are leading the protests

Agri Bills: Why Punjab and Haryana farmers are leading the protests

Rediff.com   28 Sep 2020

Data shows that the current system of decentralised marketing and centralised procurement helps Punjab and Haryana farmers the most, while its efficacy in other states has been poor. Experts and farm leaders say success of the laws rests heavily on implementation.

Each farmer is likely to get cash fertiliser subsidy of Rs 5,000 per year

Each farmer is likely to get cash fertiliser subsidy of Rs 5,000 per year

Rediff.com   24 Sep 2020

The government's main rate setting panel suggested that this be done in two tranches of Rs 2,500 each in the kharif and rabi seasons.

L&T, 2 mega consortia in race for India's first bullet train project

L&T, 2 mega consortia in race for India's first bullet train project

Rediff.com   24 Sep 2020

The first consortium includes Afcons Infrastructure, IRCON International and JMC Projects, while the second group of companies include NCC, Tata Projects and J. Kumar Infra Projects.

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Rediff.com   23 Sep 2020

The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.

India expected to harvest bumper kharif crop in FY21

India expected to harvest bumper kharif crop in FY21

Rediff.com   23 Sep 2020

Foodgrains production in 2020-21 is projected to be a record 144.52 million tonnes, which is 0.80 per cent more than the production in 2019-20.

Covid-19: MGNREGS funds fast drying up as demand surges

Covid-19: MGNREGS funds fast drying up as demand surges

Rediff.com   23 Sep 2020

Almost 63 per cent of the increased allocation of around Rs 1.01 trillion has been spent in the first five months of 2020-21.

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Rediff.com   19 Sep 2020

'The people, media and politicians are ready to listen to the troubles of Kangana Ranaut, but we are unwanted lives in the heart of Delhi.' Shine Jacob reports.