Shine Jacob &Amp;Amp; Abhijit Lele

Stories by Shine Jacob &Amp;Amp; Abhijit Lele

For BoB, Vijaya, Dena Bank, single brand is the first challenge

For BoB, Vijaya, Dena Bank, single brand is the first challenge

Rediff.com   6 Nov 2018

If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.

Sabarimala gives BJP a foot in Kerala's door

Sabarimala gives BJP a foot in Kerala's door

Rediff.com   30 Oct 2018

The saffron party will use Lord Ayyappa the same way it made use of Lord Ram in the north to take away the Nair vote and make electoral inroads in the state.

RBI deputy governor fires salvo at government

RBI deputy governor fires salvo at government

Rediff.com   27 Oct 2018

Governments that did not respect the central bank's independence would sooner or later incur the wrath of financial markets, ignite economic fire, and come to rue the day they undermined the regulatory institution, Deputy Governor Viral Acharya warned.

Will banks lend cash to strapped NBFCs?

Will banks lend cash to strapped NBFCs?

Rediff.com   26 Oct 2018

The problem for the NBFC sector is the funding inertia by banks and not lack of funds.

Private players may now enter India's fuel retailing space

Private players may now enter India's fuel retailing space

Rediff.com   23 Oct 2018

At present, India has 56,999 fuel outlets. Of those, only 6,276 are owned by private companies

Oil import bill for FY19 seen rising 42%

Oil import bill for FY19 seen rising 42%

Rediff.com   23 Oct 2018

The benchmark Indian crude oil basket is now estimated to average $77.88 a barrel for FY19, compared to the government's earlier estimate of $65 a barrel for the year and $56.39 for FY18

IL&FS impact: Prolonged liquidity crisis will hit economy, says Moody's

IL&FS impact: Prolonged liquidity crisis will hit economy, says Moody's

Rediff.com   16 Oct 2018

The current episode highlights the structural vulnerabilities in the liquidity management practices of Indian NBFIs

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Rediff.com   13 Oct 2018

Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.

IL&FS' lenders to feel heat of defaults in Q2

IL&FS' lenders to feel heat of defaults in Q2

Rediff.com   3 Oct 2018

PSB executives said loans to group holding company IL&FS and entities might still be treated as "standard".

IL&FS to raise Rs 15,000 crore, hike borrowing limit

IL&FS to raise Rs 15,000 crore, hike borrowing limit

Rediff.com   1 Oct 2018

The IL&FS group has a complicated structure, with the holding company owning stakes in its financial services arm as well as the subsidiaries that operate its infrastructure assets.

IL&FS now looks at restructuring, appoints consultant

IL&FS now looks at restructuring, appoints consultant

Rediff.com   30 Sep 2018

Alvarez & Marsal will develop a detailed restructuring plan for the group to demonstrate to shareholders and lenders that it was self-sufficient in repaying its liabilities. So far, the IL&FS management had been working on its revival plan.

EXPLAINED! How runaway fuel prices affect Indian economy

EXPLAINED! How runaway fuel prices affect Indian economy

Rediff.com   21 Sep 2018

The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.

BoB, Dena, Vijaya Bank merger: Employees have nothing to fear

BoB, Dena, Vijaya Bank merger: Employees have nothing to fear

Rediff.com   20 Sep 2018

Vijaya Bank assured employees that the service conditions 'will remain unaffected and staff benefits retained'

Rana Kapoor to remain Yes Bank chief till January end

Rana Kapoor to remain Yes Bank chief till January end

Rediff.com   20 Sep 2018

The RBI has cited corporate governance and regulatory issues for not extending Kapoor's term. Further, the lender has been directed to search for a successor.

The Indian tycoon who sparked talk of UAE aid

The Indian tycoon who sparked talk of UAE aid

Rediff.com   29 Aug 2018

For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.

Why petroleum dealers are angry with the Modi govt

Why petroleum dealers are angry with the Modi govt

Rediff.com   27 Aug 2018

The dealers are protesting against the use of petrol pumps for government campaigns and seeking of personal data of over a million people working there

Railways won't roll back dynamic pricing for premium trains

Railways won't roll back dynamic pricing for premium trains

Rediff.com   22 Aug 2018

Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.

Centre may not accept UAE's Rs 700 crore relief for Kerala

Centre may not accept UAE's Rs 700 crore relief for Kerala

Rediff.com   22 Aug 2018

Interestingly, PM Modi had thanked his UAE counterpart Sheikh Mohammed bin Rashid Al Maktoum for offering the support to the rain-battered state on August 18.

Kerala floods: Businesses stare at a loss of over Rs 20,000 crore

Kerala floods: Businesses stare at a loss of over Rs 20,000 crore

Rediff.com   20 Aug 2018

Kerala floods take a toll on small businesses, NBFCs brace for losses

The most delayed train in India

The most delayed train in India

Rediff.com   19 Aug 2018

With a 20 hour average delay, the New Jalpaiguri Express is the queen among late-running trains.