Somasroy Chakraborty And Ruchika Chitravanshi

Stories by Somasroy Chakraborty And Ruchika Chitravanshi

None to steer, 3 cos sail unevenly on choppy waters

None to steer, 3 cos sail unevenly on choppy waters

Rediff.com   23 Sep 2013

Important appointments at these companies have been stuck for long

Banking sector revives Lehman fears

Banking sector revives Lehman fears

Rediff.com   14 Sep 2013

Though Indian banks don't have large exposure to subprime mortgages, analysts are worried at the rise in their restructured loan portfolios and deterioration in credit quality.

HDFC Bank's credit card base shrinks

HDFC Bank's credit card base shrinks

Rediff.com   11 Sep 2013

The uncertain macroeconomic environment may have prompted HDFC Bank to go slow on expanding its credit card portfolio.

The man behind Akula's plan to make a comeback at SKS

The man behind Akula's plan to make a comeback at SKS

Rediff.com   11 Sep 2013

Biksham Gujja contributed to major global initiatives such as the World Commission on Dams, World Water Commission and World Water Forum.

Travel companies bet on fixed departure packages

Travel companies bet on fixed departure packages

Rediff.com   8 Sep 2013

Holidayers' plans have gone topsy-turvy of late and the options have got limited.

NDMC caught between 2 masters on Taj auction

NDMC caught between 2 masters on Taj auction

Rediff.com   14 Aug 2013

The differing wings are the the Union home and urban development ministries -- the former is the parent ministry for the capital's administration and the other controls land decisions in this city. The issues is the proposed auction of the Taj Mahal (popularly called the Taj Mansingh, after the road on which it stands).

Welcome to India's discount economy

Welcome to India's discount economy

Rediff.com   13 Aug 2013

Besides malls and high-street stores, there's a rush of discounts while you are flying or holidaying in fancy hotels.

JNPT wants only 'big boys' for the 4th container terminal

JNPT wants only 'big boys' for the 4th container terminal

Rediff.com   6 Aug 2013

The project has been delayed by three years, after a consortium of Port of Singapore and ABG Ports, which had won the bid by offering to share more than 50 per cent of the revenue with JNPT, backed off from the project, citing several reasons.

Move to settle YES Bank case out of court

Move to settle YES Bank case out of court

Rediff.com   5 Aug 2013

According to people familiar with the development, a meeting between the families was held on Saturday to discuss whether the case could be settled outside court.

Why do hotels fear a dent on margins

Why do hotels fear a dent on margins

Rediff.com   2 Aug 2013

Sectoral players feel addition of rooms could hit earnings.

Interest rate cycle makes a U-turn

Interest rate cycle makes a U-turn

Rediff.com   1 Aug 2013

YES Bank raises base rate; HDFC Bank, Axis hike deposit rates.

Hearing on Taj Mahal hotel postponed

Hearing on Taj Mahal hotel postponed

Rediff.com   19 Jul 2013

The lease extension for the property expires in October.

Aircel-Maxis probe stuck in last leg

Aircel-Maxis probe stuck in last leg

Rediff.com   16 Jul 2013

The agency had "almost finished" its probe into the matter, which involved Dravida Munnetra Kazhagam leader and former telecom minister Dayanidhi Maran, an official said.

StanChart is most profitable foreign bank in India

StanChart is most profitable foreign bank in India

Rediff.com   13 Jul 2013

The foreign lender's profit after tax was Rs 2,960 crore

Coal scam: Jharkhand govt went against its own recommendations

Coal scam: Jharkhand govt went against its own recommendations

Rediff.com   2 Jul 2013

Govt went against its own recommendation of Jun 20, 2007, where along with the 2 Jindal companies, it wanted 40% coal block to go to Lanco.

YES Bank board says no to Shagun Kapur Gogia

YES Bank board says no to Shagun Kapur Gogia

Rediff.com   30 Jun 2013

In a letter addressed to Gogia's mother, Madhu Kapur, who holds a 12 per cent stake in YES Bank, the private lender said its board of directors, after extensive deliberations, had unanimously agreed not to accept her recommendation to appoint her daughter on the board.

Taj Mansingh auction: Indian Hotels could lose first right of refusal

Taj Mansingh auction: Indian Hotels could lose first right of refusal

Rediff.com   28 Jun 2013

The decision was taken at a council meeting on Thursday after the home ministry wrote to the civic body to cancel the company's first right of refusal.

Amid tragedy, ministry mulls '777 days in Himalayas'

Amid tragedy, ministry mulls '777 days in Himalayas'

Rediff.com   26 Jun 2013

Even as the Uttarakhand floods are being referred to as man-made disasters, experts say such disasters are waiting to happen at places like Ooty and Munnar.

Private banks mull exit from gold coin business

Private banks mull exit from gold coin business

Rediff.com   22 Jun 2013

India's top private banks might soon exit from the gold coin business.

Floods choke travel sector's business

Floods choke travel sector's business

Rediff.com   19 Jun 2013

Travel companies, seeing massive cancellations, are now advising tourists to visit these destinations in August.