Shine Jacob And Vrishti Beniwal

Stories by Shine Jacob And Vrishti Beniwal

Hiranandani Group eyes Bangladesh's 1st LNG terminal

Hiranandani Group eyes Bangladesh's 1st LNG terminal

Rediff.com   5 Feb 2013

Bangladesh government has shortlisted bidders for a 5-mt LNG terminal at Moheshkhali island in the Bay of Bengal.

Profit-linked benefits to infra sector may get the axe

Profit-linked benefits to infra sector may get the axe

Rediff.com   4 Feb 2013

To encourage investment, govt may instead offer investment-linked incentives.

Centre relents; GST not to have a uniform rate

Centre relents; GST not to have a uniform rate

Rediff.com   30 Jan 2013

Floor rate with a narrow band to be fixed.

Decks cleared for FY15 GST rollout

Decks cleared for FY15 GST rollout

Rediff.com   29 Jan 2013

Centre, states clear first hurdle, agree on compensation formula for losses on account of reduction in Central Sales Tax rate.

Tax residency: Min to make it easy for foreigners

Tax residency: Min to make it easy for foreigners

Rediff.com   29 Jan 2013

The form will be redesigned in such a way that investors could fill up most of the details themselves

After ONGC, Coal India set to frack in India

After ONGC, Coal India set to frack in India

Rediff.com   17 Jan 2013

The Kolkata-based coal miner has tied up with the US-based Advance Resource International Inc for exploration and identification of the potential shale deposits within the company's coal blocks.

Import duty on gold may be raised to 6%

Import duty on gold may be raised to 6%

Rediff.com   16 Jan 2013

The finance ministry is considering raising import duty on gold by two percentage points to six per cent, as the surge in demand for the yellow metal threatens to further widen India's current account deficit.

It's business as usual at Attari-Wagah border

It's business as usual at Attari-Wagah border

Rediff.com   11 Jan 2013

During the 'lowering of flags' before sunset, the stern expression on the faces of the Border Security Force jawans might lead a first-time visitor to think it's because of the tension at the line of control two days earlier.

Contours of proposed bank for BRICS in March

Contours of proposed bank for BRICS in March

Rediff.com   9 Jan 2013

The bank, however, may not start functioning before 2014 and is likely to have substantially less initial paid-up capital than the amount of $240 billion that is doing the rounds currently.

Day 1: 2,000 beneficiaries get cash through Aadhaar

Day 1: 2,000 beneficiaries get cash through Aadhaar

Rediff.com   2 Jan 2013

While about 2,000 beneficiaries were transferred an amount of Rs 35 lakh (Rs 3.5 million) on the Aadhaar platform, the figure is expected to go up on Thursday.

Cash transfer: Banks to have 1 branch per 1,000 people

Cash transfer: Banks to have 1 branch per 1,000 people

Rediff.com   27 Dec 2012

As the deadline for direct cash transfer for subsidies in 43 districts nears, the government has started the mapping of gram panchayats to provide banking services in remote parts of the country.

Shareholder directors' term in govt banks may be capped

Shareholder directors' term in govt banks may be capped

Rediff.com   20 Dec 2012

The government is planning to cap the term of shareholder and non-official directors on the boards of public-sector banks, insurance companies and financial institutions at six years.

Videocon pulls plug on Rs 20k-cr Bengal project

Videocon pulls plug on Rs 20k-cr Bengal project

Rediff.com   19 Dec 2012

This adds to the list of projects that left the state, whose industrial image has suffered

HPL asks SBI for credit help

HPL asks SBI for credit help

Rediff.com   18 Dec 2012

The HPL board had reinstated its CDR committee to woo lenders.

Banks' holding company plan on hold

Banks' holding company plan on hold

Rediff.com   24 Nov 2012

Pranab Mukherjee proposed a separate entity for bank recapitalization.

French twist to Haldia's woes

French twist to Haldia's woes

Rediff.com   17 Nov 2012

Haldia Bulk Terminals pulled out of 10-year contract for cargo-handling operations, blaming the political climate and "vested interest".

Panel struggles to find Gokarn's replacement

Panel struggles to find Gokarn's replacement

Rediff.com   16 Nov 2012

Said to be considering a 2nd term for RBI deputy governor

RBI, Sebi propose changes in RGESS investment norms

RBI, Sebi propose changes in RGESS investment norms

Rediff.com   6 Nov 2012

The regulators have proposed changes in the norms for inclusion of mutual funds in the scheme.

Kingfisher woes may lessen if it pays 10% loans

Kingfisher woes may lessen if it pays 10% loans

Rediff.com   27 Oct 2012

The outstanding loan amount is Rs 7,000 cr.

Large lenders asked to handhold small banks

Large lenders asked to handhold small banks

Rediff.com   25 Oct 2012

Move fuels fears of consolidation among unions of some small banks; won't force unification, clarifies finance ministry.