Somesh Jha And Arindam Majumder

Stories by Somesh Jha And Arindam Majumder

After 12 years, govt decides to privatise 6 more airports

After 12 years, govt decides to privatise 6 more airports

Rediff.com   9 Nov 2018

The ones chosen for operation, management and development through a public-private partnership model are Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.

Mallya's luxury jet sale gets caught in red tape

Mallya's luxury jet sale gets caught in red tape

Rediff.com   6 Nov 2018

Five years on, US company that won the auction for the aircraft is running pillar-to-post, unable to take possession as DGCA hasn't deregistered the jet

FinMin-RBI differences come to the fore again

FinMin-RBI differences come to the fore again

Rediff.com   31 Oct 2018

The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.

Why govt's employment data is not reliable

Why govt's employment data is not reliable

Rediff.com   30 Oct 2018

Concerned with the continuous downward revision, the EPFO has since last month begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll.

What went wrong with Lion Air flight that killed India's Bhavye Suneja

What went wrong with Lion Air flight that killed India's Bhavye Suneja

Rediff.com   30 Oct 2018

Indonesia-based Lion Air Flight JT610, a three-month old 737 MAX 8, took off from capital Jakarta at 6.20 am local time on Monday and lost contact 13 minutes later when it was at an altitude of about 3,000 feet.

Govt says RBI did not consult it over important decisions

Govt says RBI did not consult it over important decisions

Rediff.com   30 Oct 2018

'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.

Will Tatas buy majority stake in Jet Air?

Will Tatas buy majority stake in Jet Air?

Rediff.com   29 Oct 2018

However, any progress on the deal depends upon Goyal giving up control of the company.

'Doesn't the CBI work on holidays?'

'Doesn't the CBI work on holidays?'

Rediff.com   27 Oct 2018

'Work will now be basically file movements from one desk to another as both the government and the agency would not like to antagonise the court.'

Air India Mumbai building sale hits hurdle

Air India Mumbai building sale hits hurdle

Rediff.com   25 Oct 2018

It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point

Why IndiGo dropped plans to buy plane

Why IndiGo dropped plans to buy plane

Rediff.com   24 Oct 2018

Lessor market sources said with the fuel prices remaining high, IndiGo would get better rates for the fuel-efficient A320neos.

Bad news for air passengers as govt junks compensation plans

Bad news for air passengers as govt junks compensation plans

Rediff.com   23 Oct 2018

Airlines have opposed the rules that make it compulsory for them to pay compensation to passengers in case a flight is delayed by more than four hours

How PSBs plan to groom their leaders

How PSBs plan to groom their leaders

Rediff.com   17 Oct 2018

The training programme will contain thought leadership courses, group exercises, simulations, including role plays and situation analysis and personal explorations workshops

Why aviation ministry rejected UAE's demand for more flights

Why aviation ministry rejected UAE's demand for more flights

Rediff.com   11 Oct 2018

In 2017, 60 million passengers flew between India and the UAE, the largest overseas air travel market from India.

India's unions are upset with the Modi Sarkar

India's unions are upset with the Modi Sarkar

Rediff.com   9 Oct 2018

The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.

Boarding flights will soon be whole lot different. Here's how

Boarding flights will soon be whole lot different. Here's how

Rediff.com   4 Oct 2018

The biometric entry will take place with the consent of the passenger and the present system of check-in will also co-exist.

All you want to know about Atal Bimit Vyakti Kalyan Yojana

All you want to know about Atal Bimit Vyakti Kalyan Yojana

Rediff.com   28 Sep 2018

The Ministry of Labour and Employment on Wednesday announced a scheme to financially support those who lost their jobs and were covered under the Employees' State Insurance Act, 1948. Somesh Jha explains the key features.

Linking Aadhaar to PF account must for those earning below Rs 15,000/month

Linking Aadhaar to PF account must for those earning below Rs 15,000/month

Rediff.com   28 Sep 2018

Employees joining companies after August and availing of the government benefits under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) will also have to link their PF accounts with Aadhaar numbers.

Truth behind EPFO's payroll data

Truth behind EPFO's payroll data

Rediff.com   21 Sep 2018

Concerned by the continuous downward revision in the monthly net enrolment numbers, the EPFO has begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll. According to experts these people cannot be counted as those who got a new job.

Govt to inject Rs 2350 crore into Central Bank of India

Govt to inject Rs 2350 crore into Central Bank of India

Rediff.com   20 Sep 2018

Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds

Bengaluru International Airport's high-tech plan to cut congestion

Bengaluru International Airport's high-tech plan to cut congestion

Rediff.com   17 Sep 2018

The centre eyes airport-specific digital solution and ties up with start-ups to solve problem unique to BIAL