Subhayan Chakraborty &Amp;Amp; Dev Chatterjee

Stories by Subhayan Chakraborty &Amp;Amp; Dev Chatterjee

America Inc still finds India a difficult market to crack

America Inc still finds India a difficult market to crack

Rediff.com   20 May 2019

Though the US has got together a number of vetted and potential Indian business partners, most of these companies say they haven't had much luck in stitching up deals to tap into India as an export market for their goods.

Mukesh Ambani's personal firms also selling assets to cut debt

Mukesh Ambani's personal firms also selling assets to cut debt

Rediff.com   6 May 2019

Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.

Anil Ambani's Reliance group slams Rahul Gandhi for his 'malicious lies'

Anil Ambani's Reliance group slams Rahul Gandhi for his 'malicious lies'

Rediff.com   6 May 2019

Rahul has singled out Anil Ambani several times for winning the Rafale defence contract from the Narendra Modi government, alleging favouritism and corruption.

How Anil Ambani can revive his group's fortune

How Anil Ambani can revive his group's fortune

Rediff.com   2 May 2019

More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.

Jet board members liable for the crisis

Jet board members liable for the crisis

Rediff.com   2 May 2019

Independent directors were supposed to safeguard the interest of all stakeholders.

Why reopening LoC trade routes remain a pipedream for Kashmir traders

Why reopening LoC trade routes remain a pipedream for Kashmir traders

Rediff.com   26 Apr 2019

The chances of the posts opening remain slim, with security agencies recently identifying 10 suspects who smuggled in weapons, narcotics and fake currency.

Why exports keep missing ministry target

Why exports keep missing ministry target

Rediff.com   24 Apr 2019

A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.

Why India's forex kitty is all set to swell

Why India's forex kitty is all set to swell

Rediff.com   24 Apr 2019

Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.

Why corporate credit may grow in next few quarters

Why corporate credit may grow in next few quarters

Rediff.com   22 Apr 2019

With average capacity utilisation now touching 76 per cent, Indian companies are going back to the drawing board to add capacity but the plans to build new factories and plants are still some months away.

'He comes out with so many novel ideas'

'He comes out with so many novel ideas'

Rediff.com   21 Apr 2019

'The trading community will be a priority for Modi when he forms the next government.'

Pay up, make peace: Promoters make one-time settlements with banks on loans

Pay up, make peace: Promoters make one-time settlements with banks on loans

Rediff.com   5 Apr 2019

Lenders say settlements will cross over 100 accounts in the March quarter.

SC order on RBI circular: How it will hit banks

SC order on RBI circular: How it will hit banks

Rediff.com   3 Apr 2019

Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.

E-com norms will affect Netflix, Hotstar, Amazon Prime

E-com norms will affect Netflix, Hotstar, Amazon Prime

Rediff.com   27 Mar 2019

At the heart of the issue is the way e-commerce is defined in the current draft policy.

Backroom efforts on to resolve India-US trade tiff

Backroom efforts on to resolve India-US trade tiff

Rediff.com   24 Mar 2019

Keen to salvage its engagement with Washington DC that has gone southbound ever since the Trump administration came in, India has called for a final set of meetings with US trade officials, soon, reports Subhayan Chakraborty.

Reliance eyes Schuldschein route to raise $170m overseas

Reliance eyes Schuldschein route to raise $170m overseas

Rediff.com   18 Mar 2019

Schuldschein is an alternative way to raise funds instead of loans or bonds and deals can run from $12 million to more than $1.13 billion. These instruments include tranches of different maturities and currencies and investors are spread across the world.

Voting rights on 34% of Wipro shares are still with Premji family

Voting rights on 34% of Wipro shares are still with Premji family

Rediff.com   15 Mar 2019

The voting rights with the promoter will ensure the interests of the promoter family as well as minority shareholders are protected in future, said corporate governance advocates and corporate lawyers.

Patanjali Ayurved revises offer for bankrupt Ruchi Soya

Patanjali Ayurved revises offer for bankrupt Ruchi Soya

Rediff.com   13 Mar 2019

The revised offer will mean the lenders will have to write off 60 per cent of their dues.

E-commerce draft policy plugs gifting loophole for foreign sites

E-commerce draft policy plugs gifting loophole for foreign sites

Rediff.com   5 Mar 2019

Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.

Why India is not in favour of the global e-commerce draft

Why India is not in favour of the global e-commerce draft

Rediff.com   25 Feb 2019

The government believes that WTO's push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties on products traded electronically.

More trouble for Anil Ambani as lenders may not bail out RCom

More trouble for Anil Ambani as lenders may not bail out RCom

Rediff.com   23 Feb 2019

In a meeting on Thursday evening, the RCom management, led by CEO Punit Garg, requested the bank representatives to release Rs 260 crore it received as I-T refund so that it could repay the dues to Ericsson.