Somasroy Chakraborty, Santosh Tiwari

Stories by Somasroy Chakraborty, Santosh Tiwari

FinMin optimistic about meeting 2G auction target

FinMin optimistic about meeting 2G auction target

Rediff.com   2 Oct 2012

Supreme Court ruling on Presidential Reference a booster, it says.

Kelkar sets ball rolling on govt land monetisation

Kelkar sets ball rolling on govt land monetisation

Rediff.com   1 Oct 2012

Railways and port trusts have 60,000 acres of prime land for commercial use; nod for use of land with 50 loss-making PSUs on the cards.

India Inc's capex plans still in the freezer: Bankers

India Inc's capex plans still in the freezer: Bankers

Rediff.com   1 Oct 2012

Nine of 10 bankers who attended the meeting admitted their sanctioned loan pipeline was shrinking fast due to tepid demand.

Chidambaram to sell reform story in Tokyo

Chidambaram to sell reform story in Tokyo

Rediff.com   28 Sep 2012

This year's deliberations, on October 9-14, come in the backdrop of the persisting crisis in Europe and the US and its apparent effects on India, China and other countries supposedly driving growth.

Why are banks caught in a cleft

Why are banks caught in a cleft

Rediff.com   21 Sep 2012

Bankers say amid the uncertain macroeconomic environment, their greatest worry is the stress on asset quality.

Pay more for credit card repayment in cash

Pay more for credit card repayment in cash

Rediff.com   14 Sep 2012

Currently, the bank charges Rs 50 as cash processing fee.

Banks see slowest growth in a decade

Banks see slowest growth in a decade

Rediff.com   14 Sep 2012

Banks' loans are set to grow at the slowest pace in a decade this financial year, as companies continue to shy away from borrowing in the current uncertain macro-economic environment.

Banks set up play area for kids, conference rooms for HNIs

Banks set up play area for kids, conference rooms for HNIs

Rediff.com   5 Sep 2012

Private lenders like Federal Bank and Axis Bank have set up branches that have special areas for children, with books, toys and video games to keep them engaged while their parents are busy doing banking transactions.

DTC likely to MISS April 2013 deadline

DTC likely to MISS April 2013 deadline

Rediff.com   27 Aug 2012

Chidambaram wants it reworked; GAAR controversy weighs on implementation.

Transfer pricing norms out, to ease tax woes

Transfer pricing norms out, to ease tax woes

Rediff.com   23 Aug 2012

The finance ministry has decided to bring in greater clarity in transfer pricing norms.

Divestment target has to be achieved: FM

Divestment target has to be achieved: FM

Rediff.com   17 Aug 2012

The sluggish market situation notwithstanding, Finance Minister P Chidambaram on Thursday clarified to ministry officials he wouldn't accept any slippage in the government's Budget divestment target of Rs 30,000 crore (Rs 300 billion) for this financial year.

Long haul ahead for listed firms

Long haul ahead for listed firms

Rediff.com   16 Aug 2012

Regulator could consider additional avenues for promoter stake dilution.

He is HSBC's banker to India's wealthy

He is HSBC's banker to India's wealthy

Rediff.com   15 Aug 2012

It is not often that you find a mechanical engineer leading the private banking business of a foreign bank in India.

Budget subsidy maths make FM see red

Budget subsidy maths make FM see red

Rediff.com   15 Aug 2012

Chidambaram had expressed unhappiness over the manner in which the two major contributors to the subsidy bill, petroleum and fertilisers, were handled prior to his appointment.

'India is the most difficult transfer pricing spot'

'India is the most difficult transfer pricing spot'

Rediff.com   8 Aug 2012

Sean F Foley, global leader of KPMG Transfer Pricing Services, who has also been an APA tax administrator for the American government agency, tells Business Standard companies are optimistic but cautious about the development.

Notification on Vodafone and similar cases likely

Notification on Vodafone and similar cases likely

Rediff.com   8 Aug 2012

Officials in the know indicate the Central Board of Direct Taxes might come out with a notification in due course, saying that cases that have reached finality would not be touched.

'Bankers must be careful on IPO pricing'

'Bankers must be careful on IPO pricing'

Rediff.com   6 Aug 2012

In an interview with Santosh Tiwari, Sebi Chairman U K Sinha also says he is not against consent orders, but is in favour of a predictable and transparent process.

Pranab Mukherjee's all-powerful advisor Omita Paul

Pranab Mukherjee's all-powerful advisor Omita Paul

Rediff.com   10 Jul 2012

Pranab Mukherjee is likely to be advised on crucial issues by Omita Paul once he moves into Rashtrapati Bhawan, writes Santosh Tiwari.

PM to reallocate finance ministry work soon

PM to reallocate finance ministry work soon

Rediff.com   29 Jun 2012

PMO joint secretary Subrahmanyam to play a key ro#8804 full-time finance minister likely before October

Govt stake sale in 6 PSUs a step closer

Govt stake sale in 6 PSUs a step closer

Rediff.com   25 Jun 2012

A senior official from the Department of Disinvestment told Business Standard it was decided in a meeting on Thursday that the fresh date for RINL's IPO would be in the third or fourth week of July.