Sumeet Chatterjee And Devidutta Tripathy

Stories by Sumeet Chatterjee And Devidutta Tripathy

Xiaomi's India smartphone ban exposes wider patent risk

Xiaomi's India smartphone ban exposes wider patent risk

Rediff.com   14 Dec 2014

Xiaomi said in a statement that "it isn't easy" to build up a patent portfolio as a start-up company, but it aims to have filed 8,000 applications by 2016.

RBI releases final rules for niche bank licensing

RBI releases final rules for niche bank licensing

Rediff.com   27 Nov 2014

Large state-run entities and business houses will not be allowed to set up small finance banks, which will have to comply with statutory reserve requirements.

GDP growth set to weaken, business wants reforms

GDP growth set to weaken, business wants reforms

Rediff.com   27 Nov 2014

Indian companies are keenly waiting for reforms on rules related to land acquisition, labour, coal and power sector, and foreign direct investment in insurance sector.

RBI tightens rules for 'shadow banks' as business grows

RBI tightens rules for 'shadow banks' as business grows

Rediff.com   11 Nov 2014

The Reserve Bank of India (RBI) raised the minimum capital requirement for so-called shadow banks and tightened rules on deposits and bad loans to avoid any potential risk to the economy from these rapidly growing finance firms by regulating them like traditional banks.

More pain ahead for Indian banks

More pain ahead for Indian banks

Rediff.com   7 Nov 2014

Bad loans are on a rise.

Can Snapdeal become India's Alibaba?

Can Snapdeal become India's Alibaba?

Rediff.com   30 Oct 2014

The 24-hour delivery offer applies only to select postal codes and is not available across the country.

NRI investors sue ICICI Venture over losses

NRI investors sue ICICI Venture over losses

Rediff.com   28 Oct 2014

ICICI Venture denied the allegations, noting it had extended the lifespan of the Dynamic India Fund III by three years

Vodafone wins $490 mn tax dispute in India

Vodafone wins $490 mn tax dispute in India

Rediff.com   10 Oct 2014

A court ruled in favour of Vodafone on Friday in a long-running dispute with the Indian taxman, a boost for the British telecom group whose tax battles have been seen as emblematic of the troubles facing foreign investors in India.

Subrata Roy moved back to jail cell; office privileges withdrawn

Subrata Roy moved back to jail cell; office privileges withdrawn

Rediff.com   2 Oct 2014

The tycoon had been allowed to use an office, phone, internet connection and three secretaries.

Banks pile pressure on Mallya over airline loans

Banks pile pressure on Mallya over airline loans

Rediff.com   6 Sep 2014

Mallya, once known as the "King of Good Times" for his flamboyant lifestyle, has until Friday to appear before an IDBI committee to explain why he should not be declared a "wilful defaulter".

Sahara may mortgage iconic hotels to raise $1.7-billion bail for Roy

Sahara may mortgage iconic hotels to raise $1.7-billion bail for Roy

Rediff.com   5 Sep 2014

Roy and his associates were jailed in March after he failed to appear at a contempt hearing in the long-running dispute with the capital markets watchdog over the company's failure to repay billions of dollars to investors who were sold outlawed bonds.

RBI to impose strict limit on corporate lending

RBI to impose strict limit on corporate lending

Rediff.com   22 Aug 2014

The Reserve Bank of India (RBI) plans to impose stricter limits on how much a bank can lend to a single corporate group, a move aimed at curbing risk in the banking sector at a time when bad loans are on the rise.

IDBI Bank says not being probed over Kingfisher loan

IDBI Bank says not being probed over Kingfisher loan

Rediff.com   12 Aug 2014

The CBI has launched an initial probe over the loan against both companies, a spokeswoman for the agency said on Saturday.

Piramal, Dutch fund tie up for $1 bn infra investment

Piramal, Dutch fund tie up for $1 bn infra investment

Rediff.com   30 Jul 2014

Piramal, controlled by billionaire Ajay Piramal, and APG will invest in local infrastructure companies through rupee-denominated mezzanine instruments.

Riding on Modinomics hopes, indebted cos rush to lock in funds

Riding on Modinomics hopes, indebted cos rush to lock in funds

Rediff.com   7 Jul 2014

A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.

Rajasthan block: Cairn India gets nod for raising oil output

Rajasthan block: Cairn India gets nod for raising oil output

Rediff.com   17 Jun 2014

The panel, however, set some conditions for the company, including that Cairn India will have to upload the status of environment compliance, including results of monitored data, on its website and update it periodically.

China's Citic Telecom eyes undersea cable JV with Reliance Comm

China's Citic Telecom eyes undersea cable JV with Reliance Comm

Rediff.com   23 May 2014

If completed, the move would create a 50-50 joint venture valuing Reliance Communications' cable assets at $1 billion.

China's Citic Telecom eyes undersea cable JV with Reliance Comm

China's Citic Telecom eyes undersea cable JV with Reliance Comm

Rediff.com   22 May 2014

If completed, the 50-50 joint venture would value Reliance Communications' cable assets at $1 billion, the newspaper said, adding Citic Telecom beat out two other bidders from West Asia earlier this month.

Modi's landslide win may bring IPOs back to table

Modi's landslide win may bring IPOs back to table

Rediff.com   21 May 2014

Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria

Vodafone begins arbitration against India in tax dispute

Vodafone begins arbitration against India in tax dispute

Rediff.com   8 May 2014

The British mobile phone operator was widely expected to go for an international arbitration after its talks with the Indian government failed to find a solution last year.