Shrimi Choudhary And Arnab Dutta

Stories by Shrimi Choudhary And Arnab Dutta

5G: Smartphone makers poised for a sharp rebound this year

5G: Smartphone makers poised for a sharp rebound this year

Rediff.com   18 Jan 2021

Even if 5G is not launched by operators this year, the handsets market will certainly witness a strong supply ecosystem for 5G ready smartphones in 2021.

Show-cause notice to Amazon India over Rs 175 cr tax demand

Show-cause notice to Amazon India over Rs 175 cr tax demand

Rediff.com   13 Jan 2021

Probe has allegedly found calculation errors by Amazon. The company paid higher GST but instead of claiming refund took wrong input tax credit.

PM urged to drop 'harsh' norms on sale, promotion of tobacco products

PM urged to drop 'harsh' norms on sale, promotion of tobacco products

Rediff.com   8 Jan 2021

New proposals like booking of retailers selling loose cigarettes and 7 years of imprisonment, are unacceptable, traders argued.

Durable makers end 2020 at record low, sales down 30% amid Covid-19

Durable makers end 2020 at record low, sales down 30% amid Covid-19

Rediff.com   31 Dec 2020

The Rs 1.5-trillion-a-year industry has ended the year with a 30 per cent fall in sales because after a steady recovery in the festive season, multiple factors dashed its hopes of revival at the end of the year.

Ministries face cash crunch as winter session scrapped

Ministries face cash crunch as winter session scrapped

Rediff.com   28 Dec 2020

The health and family welfare ministry spent 70 per cent of its allocation till October. The ministry may need additional funds for the vaccination drive which is expected to be kicked off from January.

Centre may not get costly Pfizer vaccine

Centre may not get costly Pfizer vaccine

Rediff.com   22 Dec 2020

At $37 per dose, the Pfizer vaccine is much more expensive compared to $3 per dose for the Covishield.

Sebi mulls separate department to check misuse of IPO funds

Sebi mulls separate department to check misuse of IPO funds

Rediff.com   18 Dec 2020

The new wing will be known as the corporate finance investigation department, which will be headed by one of Sebi's executive directors. This department will have information technology solutions experts, particularly to detect the menace of frauds.

Battle of the brands: H&M takes on Zara

Battle of the brands: H&M takes on Zara

Rediff.com   16 Dec 2020

Zara could rake in Rs 1,571 crore sales in 2019-2020. H&M, which came in five years later, grew its revenue to Rs 1,729 crore.

Regulatory burden on 8 sectors to be eased soon

Regulatory burden on 8 sectors to be eased soon

Rediff.com   12 Dec 2020

In the first phase, most of the outdated regulations in the state and central Acts will be removed. Further, compliances with regard to annual inspections, licence renewal, and storage of multiple data will be eased.

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Rediff.com   10 Dec 2020

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.

Dhoot admits 'not genuine' financial deals with Kochhars, says ED

Dhoot admits 'not genuine' financial deals with Kochhars, says ED

Rediff.com   8 Dec 2020

In his statement to the Enforcement Directorate, Dhoot conceded that Rs 64 crore had been transferred to Deepak Kochhar's NuPower Renewables through a web of entities to allegedly acquire wind farm properties.

Why your mobile phones are likely to cost more

Why your mobile phones are likely to cost more

Rediff.com   3 Dec 2020

With supply of mobile chipsets running dry, manufacturers here are left with no option but to hike prices once again, making it the fourth round of increase in 2020.

ED challenges clean chit to Kochhars and Dhoot

ED challenges clean chit to Kochhars and Dhoot

Rediff.com   1 Dec 2020

The ED is of the opinion that the authority stepped into the shoes of the trial court and commented on the preliminary investigation done by the CBI in the impugned order.

How India Inc plans to tap robust rural market

How India Inc plans to tap robust rural market

Rediff.com   30 Nov 2020

While companies have not launched too many products in rural areas of late, easy financing has helped push up demand.

Smartphones costing Rs 35,000+ grow 91%

Smartphones costing Rs 35,000+ grow 91%

Rediff.com   26 Nov 2020

E-learning and work from home have forced a section of feature phones users to shift to smartphones.

Special forum likely for foreign investors to ease contract woes

Special forum likely for foreign investors to ease contract woes

Rediff.com   25 Nov 2020

The plan is to establish a consultative panel and appoint mediators to address various domestic issues, both at the central government and state levels.

Micromax wants to give Bharat an option against China

Micromax wants to give Bharat an option against China

Rediff.com   20 Nov 2020

With its new line-up, the firm has managed to touch the right chords, but to regain market share from the established players, Micromax will have to fight a protracted battle.

Slaying the dragon: 71% Indians boycotted Chinese goods this Diwali

Slaying the dragon: 71% Indians boycotted Chinese goods this Diwali

Rediff.com   17 Nov 2020

According to CAIT, the estimated loss to Chinese manufacturers this Diwali could be as high as Rs 40,000 crore.

Stimulus 4.0 might come before Diwali, focus on jobs and stressed sectors

Stimulus 4.0 might come before Diwali, focus on jobs and stressed sectors

Rediff.com   12 Nov 2020

Unlike the first two stimulus packages, this time the focus would be on boosting demand.

EPFO may now get to invest in cash-starved infra sector

EPFO may now get to invest in cash-starved infra sector

Rediff.com   10 Nov 2020

At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.