Somesh Jha &Amp; Abhijit Lele

Stories by Somesh Jha &Amp; Abhijit Lele

Modi and Rahul are our main targets: Arvind Kerjiwal

Modi and Rahul are our main targets: Arvind Kerjiwal

Rediff.com   25 Mar 2014

Aam Aadmi Party chief Arvind Kejriwal has made it abundantly clear that he would contest against Bharatiya Janata Party's prime ministerial candidate Narendra Modi from Varanasi.

Loan rating heat on Sahara Hospitality on tepid show

Loan rating heat on Sahara Hospitality on tepid show

Rediff.com   12 Mar 2014

The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.

Bank of Bahrain & Kuwait lays out plans for India

Bank of Bahrain & Kuwait lays out plans for India

Rediff.com   1 Mar 2014

Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.

Why SBI wants to 'charge' MTM losses to balance sheet

Why SBI wants to 'charge' MTM losses to balance sheet

Rediff.com   28 Feb 2014

The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.

Why staff of big firms are likely to lose PF tax benefits from April 2014

Why staff of big firms are likely to lose PF tax benefits from April 2014

Rediff.com   21 Feb 2014

Employees of around 150 firms may lose out on PF benefits as their companies failed to get an exemption certificate from the Employees' Provident Fund Organisation (EPFO)

SBI readies plan to improve profitability

SBI readies plan to improve profitability

Rediff.com   20 Feb 2014

NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.

Somnath Bharti: Battling controversies of the kind he was fighting against

Somnath Bharti: Battling controversies of the kind he was fighting against

Rediff.com   17 Jan 2014

A Supreme Court advocate and an Indian Institute of Technology Delhi alumnus, Somnath Bharti is convinced that he is today in a position to transform the judicial system of the country. Somesh Jha reports

White-label ATM rollout in slow lane

White-label ATM rollout in slow lane

Rediff.com   15 Jan 2014

Bankers and executives involved in ATM operations said challenges abounded in this segment.

AAP may turn to big donations for LS polls

AAP may turn to big donations for LS polls

Rediff.com   14 Jan 2014

The party will soon set up a team of around 500 members to increase funding.

Aam Aadmi Party hurries to put systems in place

Aam Aadmi Party hurries to put systems in place

Rediff.com   13 Jan 2014

As it takes the national ground, the party is examining what blend of tools and technology would work in both rural and urban parts, says Somesh Jha

Non-farm economic recovery elusive

Non-farm economic recovery elusive

Rediff.com   10 Jan 2014

Little indication of growth surge in either industry or services till well into FY14.

Banks seek leeway from RBI

Banks seek leeway from RBI

Rediff.com   6 Jan 2014

Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up

Be ready to pay more for ATM transactions this year

Be ready to pay more for ATM transactions this year

Rediff.com   2 Jan 2014

At present, there is no cap on free transactions at own-bank ATMs, while customers can use other banks' machines up to five times a month without any extra cost.

New worries for banks

New worries for banks

Rediff.com   11 Dec 2013

Delays in returning money for disputed transactions have also come under RBI's scanner.

AAP to reach out to Delhiites with 'AAP ki Kranti'

AAP to reach out to Delhiites with 'AAP ki Kranti'

Rediff.com   5 Nov 2013

Social media-savvy party to metamorphose its mouthpiece for volunteers into a newspaper to reach out to all voters. Somesh Jha reports

Inflation projections: Experts agree with RBI

Inflation projections: Experts agree with RBI

Rediff.com   31 Oct 2013

Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan may have found the Reserve Bank of India (RBI)'s inflation projections on the higher side, but independent experts agree with the central bank and expect both wholesale and retail prices to remain high.

FM to grill govt banks' chiefs on Tuesday

FM to grill govt banks' chiefs on Tuesday

Rediff.com   21 Oct 2013

Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things

Want higher income? Go for broadband connection

Want higher income? Go for broadband connection

Rediff.com   23 Sep 2013

The study, 'socioeconomic effects of broadband speed: a microeconomic investigation', says in emerging countries like India, setting up a new broadband connection of speed 0.5 Mbps could lead to an increase in household income by $800 a year, which means Rs 50,168, according to the latest currency conversion rate (a dollar was Rs 62.71 as on Friday).

Sliding rupee, RBI moves turn tide for NRI deposits in July

Sliding rupee, RBI moves turn tide for NRI deposits in July

Rediff.com   12 Sep 2013

All categories of NRI deposits saw net inflows in July.

Corporate debt restructuring cases to come under scanner

Corporate debt restructuring cases to come under scanner

Rediff.com   7 Sep 2013

The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).