Somesh Jha And Arindam Majumder

Stories by Somesh Jha And Arindam Majumder

Was Rs 42,200-crore worth dirty money deposited in Jan-Dhan accounts post DeMO?

Was Rs 42,200-crore worth dirty money deposited in Jan-Dhan accounts post DeMO?

Rediff.com   12 Sep 2018

The CBDT has begun the process of matching the deposits in accounts opened under the Pradhan Mantri Jan-Dhan Yojana (PMJDY), or Jan-Dhan accounts, with the profile of the depositors.

Engine problem continues to dog Airbus A320s

Engine problem continues to dog Airbus A320s

Rediff.com   12 Sep 2018

The geared turbofan, a step-change in the efficiency of turbines for commercial aircraft, has been hit by a slew of design flaws that have grounded planes, delayed deliveries and prompted millions of dollars in compensation claims.

How SpiceJet plans to grab India's e-commerce market

How SpiceJet plans to grab India's e-commerce market

Rediff.com   11 Sep 2018

The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.

Vistara takes economy-light route to bring in new fliers

Vistara takes economy-light route to bring in new fliers

Rediff.com   10 Sep 2018

'A growing segment wants to fly Vistara but may not be really ready to pay for certain products that come with a full-service carrier. That is a large segment and we can't ignore it,' says CEO Leslie Thng.

It's a win-win situation for people flying Jet Air to Europe

It's a win-win situation for people flying Jet Air to Europe

Rediff.com   6 Sep 2018

Last year, Jet Airways and Air France-KLM signed an enhanced cooperation agreement' for the development of their operations between Europe and India

Vistara may add more seats in economy class to boost sales

Vistara may add more seats in economy class to boost sales

Rediff.com   30 Aug 2018

To make space for the extra row, Vistara has opted for the smartLav concept offered by Airbus

Drones get the government's go-ahead, with riders

Drones get the government's go-ahead, with riders

Rediff.com   28 Aug 2018

If all goes well, from December, drones can be used for purpose like mapping, surveying and photography, which till now was illegal due to absence of any guidelines.

FinMin junks Air India's fund-infusion proposal

FinMin junks Air India's fund-infusion proposal

Rediff.com   22 Aug 2018

Airline told to transfer non-core assets, subsidiaries to special purpose vehicle

Finally, govt admits rupee, crude prices will impact CAD

Finally, govt admits rupee, crude prices will impact CAD

Rediff.com   22 Aug 2018

Research and ratings agencies like Icra and Moody's have said the CAD in 2018-19 would be much higher than 2017-18

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Rediff.com   21 Aug 2018

The payroll data has been revised downwards for each of the nine months between September 2017 and May this year

Boeing gives Jet Airways a helping hand

Boeing gives Jet Airways a helping hand

Rediff.com   21 Aug 2018

'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'

'We are focusing on fintech solutions and innovations': NSE chief

'We are focusing on fintech solutions and innovations': NSE chief

Rediff.com   16 Aug 2018

On the occasion of the National Stock Exchange's (NSE's) silver jubilee celebration, its MD and CEO Vikram Limaye, bottom, left, spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues.

India's cash strapped airlines may finally get to fly higher

India's cash strapped airlines may finally get to fly higher

Rediff.com   9 Aug 2018

The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.

Data protection bill allows scribes to collect personal info

Data protection bill allows scribes to collect personal info

Rediff.com   31 Jul 2018

Journalists will be exempted from seeking consent of individuals before collecting and reviewing their personal data to be used in news reports.

Why IndiGo, GoAir had to ground planes

Why IndiGo, GoAir had to ground planes

Rediff.com   26 Jul 2018

At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement

IndiGo may delay low-cost, long-haul flight plan

IndiGo may delay low-cost, long-haul flight plan

Rediff.com   23 Jul 2018

The airline is not convinced that it will have a sizeable passenger traffic to make wide body operations profitable

Your flight tickets will soon cost more. Heres' why

Your flight tickets will soon cost more. Heres' why

Rediff.com   19 Jul 2018

The charges for security component of passenger service fees will not increase much and a passenger may have to bear an extra of Rs 50

'Unless we get 15% exports growth, 8-9% GDP will be difficult'

'Unless we get 15% exports growth, 8-9% GDP will be difficult'

Rediff.com   6 Jul 2018

After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.

IndiGo offers bonus to pilots in lieu of leave

IndiGo offers bonus to pilots in lieu of leave

Rediff.com   28 Jun 2018

Airline to deploy around 50 planes in the next seven months

If govt has its way your take-home pay may decline

If govt has its way your take-home pay may decline

Rediff.com   21 Jun 2018

While some trade union leaders have welcomed the move, industry has opposed it, fearing an increase in its wage bill