Subrata Panda And Shally Seth Mohile

Stories by Subrata Panda And Shally Seth Mohile

How marquee hotels getting ready for post-lockdown biz

How marquee hotels getting ready for post-lockdown biz

Rediff.com   24 Apr 2020

Executive lounges with happy hours, complimentary hors d'oeuvres, and complimentary services have been the norm - but not anymore.

Restaurants double up as grocers at Swiggy, Zomato

Restaurants double up as grocers at Swiggy, Zomato

Rediff.com   20 Apr 2020

Given that people have been reluctant to order cooked food - which worsened due to a couple of cases of delivery personnel testing positive for COVID-19 - food delivery platforms have included grocery delivery as part of their services.

A year after, Jet Air's lenders, employees still await payments

A year after, Jet Air's lenders, employees still await payments

Rediff.com   17 Apr 2020

Though NCLT has extended window to find a buyer, bankers don't see much hope of a deal.

Now, order 5-star meals at home!

Now, order 5-star meals at home!

Rediff.com   16 Apr 2020

What India's top restaurants are doing to satisfy your food cravings.

Why health insurance premiums are set to rise

Why health insurance premiums are set to rise

Rediff.com   13 Apr 2020

The rise in premiums could be in the range of 5-25 per cent, depending on the features that each insurance company adds on its products. Insurance firms have been given time till September 30 to include modifications mandated by the regulator.

Private insurers want standard rates for treatment

Private insurers want standard rates for treatment

Rediff.com   6 Apr 2020

Cost of the diagnostic test for Covid-19 has been fixed at Rs 4,500 per test by the government. Hospitals, however, do not think this is feasible.

Auto cos see some light at end of lockdown tunnel

Auto cos see some light at end of lockdown tunnel

Rediff.com   4 Apr 2020

Once the 21-day lockdown is lifted, which may happen in phases, those who have been contemplating purchasing a car may actually do it, said analysts. Thanks to social distancing norms and rising hygiene awareness, daily commuters may ditch public transport and shared mobility solutions like Ola and Uber. Many are likely to prefer the confines of a car over roughing it up in crowded public transport services such as a metro, local sub-urban trains and buses, they said.

Renewal norms for health, auto insurance eased

Renewal norms for health, auto insurance eased

Rediff.com   3 Apr 2020

Payments can be made till April 21; for motor the relaxation is only for third-party insurance.

'Number of deaths in India is not alarming so far'

'Number of deaths in India is not alarming so far'

Rediff.com   2 Apr 2020

'Unless it becomes really a big epidemic in India where a huge number of people are getting sick and lakhs of people dying, I do not see a major impact on the insurance sector.'

Crippled road transport hits supply of essentials

Crippled road transport hits supply of essentials

Rediff.com   1 Apr 2020

The possibility of harassment by cops and fear of the unknown have forced a large number of truck drivers to abandon vehicles at the transport centres and flee home. Transport of goods remains badly hit as confusion remains among various stakeholders and road transport becomes the victim of disconnect between policy makers and local authorities.

India Inc opens its coffers for PM-CARES Fund

India Inc opens its coffers for PM-CARES Fund

Rediff.com   30 Mar 2020

From offering office premises that can be converted into isolation wards to earmarking funds to be used for procuring kits, ventilators as well as personal protective equipment for health care workers, India Inc has put a united front to combat the unprecedented crisis facing the country.

Tatas commit Rs 1500 crore to fight coronavirus

Tatas commit Rs 1500 crore to fight coronavirus

Rediff.com   29 Mar 2020

The donation by Tata Sons and Trusts is the biggest sum committed by a corporate and its philanthropic arm since the outbreak of Covid-19. Others, including Reliance Foundation, Mahindra Group, Bajaj Group, and ITC, are lending support too in the battle against the pandemic.

Tata Motors to separate passenger car business

Tata Motors to separate passenger car business

Rediff.com   28 Mar 2020

The business will also see a change of guard. Shailesh Chandra, president of EV and corporate strategy, will replace Mayank Pareek as president of PV business, including EV, with effect from April 1. Pareek will be superannuating from the company after a six-year stint at the end of February 2021. Chandra and Pareek will work on transition over the next few weeks.

With no food or hope, truckers stranded at borders across the country

With no food or hope, truckers stranded at borders across the country

Rediff.com   26 Mar 2020

Some 500,000 drivers and helpers have been left high and dry because of lockdown; many of these trucks are carrying essential goods.

NCLT grants 90-day extension to Jet

NCLT grants 90-day extension to Jet

Rediff.com   19 Mar 2020

This is an exceptional case of extension beyond the 330-day limit under the insolvency and bankruptcy code.

How much is YES Bank stock worth?

How much is YES Bank stock worth?

Rediff.com   6 Mar 2020

Foreign brokerages said if SBI decide to buy stake in the bank, they should buy it at Rs 1 per share as the net worth is hugely impaired.

RBI urges PSBs to take steps to increase credit growth

RBI urges PSBs to take steps to increase credit growth

Rediff.com   3 Mar 2020

Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period.

Jet gets another EoI; deadline for resolution plan extended

Jet gets another EoI; deadline for resolution plan extended

Rediff.com   19 Feb 2020

A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.

LIC's gross NPA ratio in debt portfolio rises to 7.5% in Dec

LIC's gross NPA ratio in debt portfolio rises to 7.5% in Dec

Rediff.com   18 Feb 2020

In absolute terms, the outstanding book value of NPAs of LIC in the debt portfolio across life, pension and unit-linked funds is to the tune of Rs 32,685.39 crore at the end of December 2019.

For LIC, road to bourses won't be easy

For LIC, road to bourses won't be easy

Rediff.com   10 Feb 2020

Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.