Shivani Shinde, Dev Chatterjee

Stories by Shivani Shinde, Dev Chatterjee

Indian companies facing the heat in foreign acquisitions

Indian companies facing the heat in foreign acquisitions

Rediff.com   15 May 2013

Many top firms have had to write down their investments, as the value of those have collapsed due to sluggish biz conditions.

Labour shortage for India Inc projects

Labour shortage for India Inc projects

Rediff.com   14 May 2013

CEOs point fingers at rural job guarantee and related govt welfare schemes; say mechanisation an increasingly viable option.

Sunil Mittal to step down from Unilever's board

Sunil Mittal to step down from Unilever's board

Rediff.com   13 May 2013

Lack of time was cited as the main reason for Bharti Chairman Sunil Mittal's exit from the Unilever board.

Telenor, Tata in alliance move

Telenor, Tata in alliance move

Rediff.com   8 May 2013

Merchant bankers appointed to explore options on merger or stake sale in Tata Teleservices.

Foreign investors betting big on Indian consumers

Foreign investors betting big on Indian consumers

Rediff.com   6 May 2013

However, foreign investors have completely shunned the infrastructure sector.

Bharti may raise Rs 6,500 cr from foreign investors

Bharti may raise Rs 6,500 cr from foreign investors

Rediff.com   2 May 2013

Bharti was talking to Standard Chartered Bank and Citibank, among others, to manage the issue.

Why professionally-managed firms have reasons to smile

Why professionally-managed firms have reasons to smile

Rediff.com   28 Apr 2013

These companies gave annualised returns of 11% on an average in the last five years, while shareholders of family-owned companies saw 5% annualised erosion

Gold loan firms swing into action as prices fall

Gold loan firms swing into action as prices fall

Rediff.com   19 Apr 2013

These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.

Trusts can select, remove Tata Sons chairmen

Trusts can select, remove Tata Sons chairmen

Rediff.com   11 Apr 2013

These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.

To guide or not to guide: Infy dilemma

To guide or not to guide: Infy dilemma

Rediff.com   21 Mar 2013

Analysts wonder if the firm will discontinue giving annual guidance.

Birla, Vedanta in race for Canada-based miner

Birla, Vedanta in race for Canada-based miner

Rediff.com   16 Mar 2013

The mining major is selling the company to reduce its debt.

Vedanta advised to acquire London's Cairn Energy

Vedanta advised to acquire London's Cairn Energy

Rediff.com   11 Mar 2013

Cairn Energy Plc, which has 50 production blocks across the world, holds 10% in Cairn India.

Uncertain demand may change IT's hiring pattern

Uncertain demand may change IT's hiring pattern

Rediff.com   8 Mar 2013

Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.

PSUs not floating in cash any more

PSUs not floating in cash any more

Rediff.com   8 Mar 2013

Most have seen decline in cash reserves and deterioration in financial ratios in recent years.

Backed by PEs, Pandit may invest in a new bank

Backed by PEs, Pandit may invest in a new bank

Rediff.com   7 Mar 2013

Citigroup's former chief executive officer, Vikram Pandit, might be joining the race to become a co-applicant for a banking licence in India.

After Budget, CEOs clamour for interest rate cut

After Budget, CEOs clamour for interest rate cut

Rediff.com   4 Mar 2013

An interest rate cut, at a time when demand was not showing any sign of revival, would boost sentiments, especially for interest-rate sensitives like the car and real estate sectors, which had been showing negative growth, a majority of the 15 CEOs polled by Business Standard said.

TCS to pay $30 mn to settle dispute in California

TCS to pay $30 mn to settle dispute in California

Rediff.com   26 Feb 2013

The complaint was filed by non-US employees Gopi Vedachalam and Kangana Beri, who were sent from India to the US to work on projects.

LG India gets tax demand on high advertising spend

LG India gets tax demand on high advertising spend

Rediff.com   25 Feb 2013

Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.

MCA ropes in TCS to help Infosys manage portal

MCA ropes in TCS to help Infosys manage portal

Rediff.com   20 Feb 2013

TCS was in charge of development and management of the portal for seven years, until MCA decided to hand the work of its IT vendor to Infosys.

Infosys to go long on automation, short on headcount

Infosys to go long on automation, short on headcount

Rediff.com   19 Feb 2013

Application mgmt, infrastructure mgmt and BPO to be more automated than other areas.