Shivani Shinde, Dev Chatterjee

Stories by Shivani Shinde, Dev Chatterjee

'Cyber attacks meant to smear India's reputation'

'Cyber attacks meant to smear India's reputation'

Rediff.com   9 Mar 2021

'The hackers' objectives were centred around smearing India's reputation, causing productivity loss, creating operational damage and seeking financial gains.'

What Adani is doing to prevent Mumbai's power outage

What Adani is doing to prevent Mumbai's power outage

Rediff.com   26 Feb 2021

'We are working in association with the state government and other transmission companies to make sure that the city never experiences blackouts'

E-learning, WFH power up notebook and laptop sales

E-learning, WFH power up notebook and laptop sales

Rediff.com   19 Feb 2021

For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.

Lodha's Macrotech seeks debt moratorium as sales tank 69%

Lodha's Macrotech seeks debt moratorium as sales tank 69%

Rediff.com   18 Feb 2021

The pandemic caused construction delays at its ongoing projects due to several factors such as lockdowns enforced by government agencies, work-stoppage orders, disruptions in the supply of materials and shortage of labour resulted in failure to meet development milestones.

At Rs 9500 cr, Tatas' buyout of BigBasket will be biggest in online grocery space

At Rs 9500 cr, Tatas' buyout of BigBasket will be biggest in online grocery space

Rediff.com   17 Feb 2021

The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).

Xiaomi maintains No.1 position in a bad year for smartphones

Xiaomi maintains No.1 position in a bad year for smartphones

Rediff.com   16 Feb 2021

The first half of the year (H1-2020) was marked by sluggish growth with demand down 26 per cent YoY, while the second half saw recovery. H2-2020 recovered with 19 per cent YoY growth, reports Shivani Shinde.

IT majors to focus on localised hiring

IT majors to focus on localised hiring

Rediff.com   15 Feb 2021

TCS, Infosys ramp up onshore hiring; Infosys committed to hire 25,000 over 5 years.

Winners and losers amid the Covid-19 pandemic

Winners and losers amid the Covid-19 pandemic

Rediff.com   5 Feb 2021

CEOs expect to finish the ongoing March quarter with positive growth as the corporates get back to work in full strength.

Indian Hotels in race to take over Mysuru's Lalitha Mahal Palace

Indian Hotels in race to take over Mysuru's Lalitha Mahal Palace

Rediff.com   4 Feb 2021

The palace, currently run by JLR, will be offered to bidders on a long-term management contract.

How Piramal managed to outbid Oaktree, Adani for DHFL

How Piramal managed to outbid Oaktree, Adani for DHFL

Rediff.com   24 Jan 2021

When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

Rediff.com   22 Jan 2021

Most of the hirings are, however, in the entry or junior level.

Kumar Mangalam Birla has a piece of advice for India Inc on future crisis

Kumar Mangalam Birla has a piece of advice for India Inc on future crisis

Rediff.com   21 Jan 2021

While asking firms not to worry about sharp volatility in prices, Birla said companies must make sure they do not get caught in 'comorbidities'.

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

Rediff.com   18 Jan 2021

Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets.

Air India bid: US fund ready with war chest of 'billions'

Air India bid: US fund ready with war chest of 'billions'

Rediff.com   24 Dec 2020

For the AI bid, Interups has joined hands with a few employees of the airline, and plans to raise funds by splitting some of its infrastructure-related assets into an aviation InvIT, which will have underlying assets such as air routes, ground handling, repairs, and training etc.

Sale of Reliance Capital's assets gets resounding response

Sale of Reliance Capital's assets gets resounding response

Rediff.com   3 Dec 2020

Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Rediff.com   1 Dec 2020

NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Rediff.com   17 Nov 2020

Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them.

Covid-19: Zero cash flows force India Inc to sell assets

Covid-19: Zero cash flows force India Inc to sell assets

Rediff.com   22 Oct 2020

Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com   8 Oct 2020

PNB has rich experience in the integration of commercial banks.