Somasroy Chakraborty And Ruchika Chitravanshi

Stories by Somasroy Chakraborty And Ruchika Chitravanshi

Rupee fall: Indian tourists cancel vacations abroad

Rupee fall: Indian tourists cancel vacations abroad

Rediff.com   16 Jun 2013

Travel companies are reducing the number of days from packages to make it more affordable for globe trotters.

CBI action soon on Maran's role in Aircel-Maxis deal

CBI action soon on Maran's role in Aircel-Maxis deal

Rediff.com   14 Jun 2013

The CBI had registered a case against former telecom minister Dayanidhi Maran, his brother MP Kalanithi Maran, Malaysian business tycoon and Maxis owner T Ananda Krishnan, and Maxis Director Ralph Marshall in October 2011.

YES Bank promoters may opt to settle dispute out of court

YES Bank promoters may opt to settle dispute out of court

Rediff.com   11 Jun 2013

While the court refused to order a stay on the AGM, it directed YES Bank to advance its board meeting by a month to June 27 and consider Gogia's appointment as a director on the bank's board.

From ICICI to YES Bank: Meet Shagun Kapur Gogia

From ICICI to YES Bank: Meet Shagun Kapur Gogia

Rediff.com   10 Jun 2013

Shagun Kapur Gogia might not have convinced her uncle Rana Kapoor, managing director and chief executive of YES Bank, to appoint her as a board member of the bank, but it appears she has successfully carved out her own space in the financial world.

Indian tourists cancel Turkey plans

Indian tourists cancel Turkey plans

Rediff.com   9 Jun 2013

Travel companies have been seeing cancellations and enquiries on safety issues are piling up.

Companies staring at unhedged forex exposure

Companies staring at unhedged forex exposure

Rediff.com   7 Jun 2013

While the rupee depreciation in 2012 persuaded many companies in taking hedges against their foreign currency loans, industry analysts feel it might not be sufficient to counter the swift slide in the value of the local currency.

Hotels offer freebies amid demand blues

Hotels offer freebies amid demand blues

Rediff.com   3 May 2013

Experts indicated the Indian hospitality companies were too quick to push the panic button and cut rates, impacting the ability to do business.

CBI's Letters Rogatory wait: Aircel-Maxis on list

CBI's Letters Rogatory wait: Aircel-Maxis on list

Rediff.com   30 Apr 2013

The Aircel-Maxis case is among 140 pending letters rogatory.

Hotel HEISTS: Things that are HIGH on the list

Hotel HEISTS: Things that are HIGH on the list

Rediff.com   28 Apr 2013

Temptations inc;ude wooden hangers, stationery, bathrobes, slippers, laundry bags, ashtrays and coasters.

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%.

HSBC eyes banking biz beyond metros

HSBC eyes banking biz beyond metros

Rediff.com   19 Apr 2013

Hongkong and Shanghai Banking Corporation (HSBC) is exploring opportunities beyond metro cities to expand its commercial banking business in India.

AirAsia to replicate low-cost model in hotels

AirAsia to replicate low-cost model in hotels

Rediff.com   19 Apr 2013

The hotel brand goes by the 'great value, great savings' tagline.

Banks may need more time to replace cards

Banks may need more time to replace cards

Rediff.com   9 Apr 2013

Card fees likely to increase to offset replacement cost.

Sethusamudram controversy back in the spotlight

Sethusamudram controversy back in the spotlight

Rediff.com   2 Apr 2013

The project involves dredging the stretch of water between Tamil Nadu and Sri Lanka to make it navigable for ships.

After Delhi, Kempinski to go it alone in more cities

After Delhi, Kempinski to go it alone in more cities

Rediff.com   28 Mar 2013

Kempinski has debuted in Delhi's Shahdara area with a 480-room property, which it claims is the highest room inventory for any single property in the capital.

ICICI Bank, HSBC start expanding credit card base

ICICI Bank, HSBC start expanding credit card base

Rediff.com   26 Mar 2013

It appears the two banks are now convinced that increasing their credit card portfolios will not lead to significant erosion in asset quality.

Delhi's Taj Palace Hotel gets a lease of life

Delhi's Taj Palace Hotel gets a lease of life

Rediff.com   23 Mar 2013

Development authority said to have passed Taj's file to Delhi lieutenant governor for approval.

Mistaken killing: A problem for piracy wary sailors

Mistaken killing: A problem for piracy wary sailors

Rediff.com   15 Mar 2013

International Maritime Organisation states that any company or a person can be held liable and be made to face sanctions for committing the offence if they are engaged in an unlawful act.

Plans for amusement park, ropeway projects on PPP

Plans for amusement park, ropeway projects on PPP

Rediff.com   5 Mar 2013

To increase the inbound tourist inflow, the tourism ministry has also given a proposal to the home ministry.

COLUMN: India Inc and the Big Bank theories

COLUMN: India Inc and the Big Bank theories

Rediff.com   14 Feb 2013

Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice.