Sohini Das &Amp; Namrata Acharya In Kolkata

Stories by Sohini Das &Amp; Namrata Acharya In Kolkata

Takeover battle over, Munjal-Burman team bags Fortis

Takeover battle over, Munjal-Burman team bags Fortis

Rediff.com   11 May 2018

Their offer values Fortis at over Rs 9,000 crore, or around Rs 172 per share.

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Rediff.com   12 Apr 2018

Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels.

Crackdown on shell cos forces 1 in 3 registered firms to shut shop

Crackdown on shell cos forces 1 in 3 registered firms to shut shop

Rediff.com   27 Mar 2018

A crackdown on shell companies, increased regulatory compliance and failure of companies to avail bank credit, and defaulting on loans are some of the reasons cited by accounting professionals for the closure of such a large number of companies

Why CAs and company secretaries are a happy lot now

Why CAs and company secretaries are a happy lot now

Rediff.com   19 Mar 2018

With 600-700 new NPA cases getting admitted into NCLT every month, the demand for resolution professionals is on the rise with their number more than doubling in less than a year.

At 45K cr, Bandhan's IPO valuation is 2nd after SBI's

At 45K cr, Bandhan's IPO valuation is 2nd after SBI's

Rediff.com   12 Mar 2018

C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.

Prices of key diabetes, cancer drugs may drop by 25%

Prices of key diabetes, cancer drugs may drop by 25%

Rediff.com   8 Mar 2018

A recent report has suggested that future patent expires in the cardiac and anti-diabetes space would form a good opportunity for smaller firms, given their franchise in these segments.

Parking woes hit India's border trade with Bangladesh

Parking woes hit India's border trade with Bangladesh

Rediff.com   21 Feb 2018

While the Bongaon municipality accommodates 1,200 trucks, the rest are at the mercy of private parking lots, where contractors charge an upfront fee of about Rs 4,000 per day.

RBI tells PNB to pay up LoU dues to other banks

RBI tells PNB to pay up LoU dues to other banks

Rediff.com   16 Feb 2018

RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.

Scooter sales get a major boost from rural India

Scooter sales get a major boost from rural India

Rediff.com   23 Jan 2018

In first 9 months of FY18, scooter sales grew by 18.5%, the number may jump further as more women join workforce

In a first, a robot will perform angioplasty in Ahmedabad hospital

In a first, a robot will perform angioplasty in Ahmedabad hospital

Rediff.com   5 Jan 2018

The procedure, however, would cost around Rs 75,000-100,000 more than conventional angioplasty.

World Bank arm to sell 1.8% stake in Bandhan Bank

World Bank arm to sell 1.8% stake in Bandhan Bank

Rediff.com   2 Jan 2018

Bandhan Bank has filed a draft red herring prospectus with Sebi for an IPO of up to 119 million equity shares, with face value of Rs 10 each.

Battle hots up between Triumph Motorcycles and Royal Enfield

Battle hots up between Triumph Motorcycles and Royal Enfield

Rediff.com   1 Jan 2018

Triumph's portfolio includes high-powered bikes such as the Daytona 200, Rocket III, SuperSports Daytona 675R and Tiger 800, apart from its iconic Bonneville family.

Jignesh Mevani is busy fighting the good fight

Jignesh Mevani is busy fighting the good fight

Rediff.com   1 Jan 2018

'I fight for anyone who is poor, marginalised or victimised.' 'If a Dalit factory owner is inflicting atrocities on his Brahmin worker, then I will fight for the poor Brahmin.'

National Insurance IPO will happen only after April 1, 2018

National Insurance IPO will happen only after April 1, 2018

Rediff.com   28 Dec 2017

Analysts say large issue sizes and high prices were key reasons for the poor response to IPOs of other public sector insurance entities. The high share price meant small investors did not foresee any listing gain

Will Vijay Rupani keep his job after a close fight?

Will Vijay Rupani keep his job after a close fight?

Rediff.com   19 Dec 2017

The chief minister is not being hailed as the leader who led the party to a victory in the state.

How the 73-year old Havmor plans to change its Lotte

How the 73-year old Havmor plans to change its Lotte

Rediff.com   13 Dec 2017

Havmor will now make its next journey, across India, under the banner of South Korea's Lotte Group, the confectioner best known for manufacturing and marketing chocolate marshmellow pies under the Choco Pie brand, says Sohini Das.

Gujarat election: Rural belt may spring a nasty surprise for BJP

Gujarat election: Rural belt may spring a nasty surprise for BJP

Rediff.com   11 Dec 2017

Just before the elections, the government waived interest on loans up to Rs 300,000 for farmers. But this may not really help small and marginal farmers in the state, who make up for two-thirds of the total and are still dependent on informal channels of credit.

How desi brothers built a $1.8 bn drug co

How desi brothers built a $1.8 bn drug co

Rediff.com   30 Nov 2017

Amneal Pharmaceuticals is set to pip Sun Pharma as the fifth largest generics maker in the US, reports Sohini Das.

Tata Nano reaches end of the road as dealers stop orders

Tata Nano reaches end of the road as dealers stop orders

Rediff.com   29 Nov 2017

Dealers of Tata Motors in most parts of the country have stopped placing orders for this small car in the last three-four months and the showrooms are displaying contemporary models such as Tiago, Tigor, Hexa and Nexon.

Havmor Ice Cream sold for Rs 1,020 crore to South Korean Lotte Confectionery

Havmor Ice Cream sold for Rs 1,020 crore to South Korean Lotte Confectionery

Rediff.com   24 Nov 2017

Havmor makes 150 products from its two plants and has around 30,000 dealers