Surajeet Das Gupta &Amp; Abhijit Lele In New Delhi

Stories by Surajeet Das Gupta &Amp; Abhijit Lele In New Delhi

'India is a fundamental part of Uber's growth'

'India is a fundamental part of Uber's growth'

Rediff.com   23 Oct 2019

Uber CEO Dara Khosrowshahi says the younger generation doesn't dream of owning a car, but instead wants the freedom of having any service on demand.

Diwali relief for viewers: Zee, Star, Colors drop prices

Diwali relief for viewers: Zee, Star, Colors drop prices

Rediff.com   12 Oct 2019

The move by these broadcasters comes close on the heels of the Telecom Regulatory Authority of India announcing a review of its earlier tariff order, announced six months ago, which among others capped the prices for la carte channels.

India's banking system brutally unfair: Deepak Parekh

India's banking system brutally unfair: Deepak Parekh

Rediff.com   11 Oct 2019

He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values.

Why linking loans to external benchmark won't be easy for banks

Why linking loans to external benchmark won't be easy for banks

Rediff.com   3 Oct 2019

Senior bankers are trying to impress upon the central bank that the shift to external benchmark-linked lending be postponed to April 1, 2020.

Will Apple's latest strategies help push India sales?

Will Apple's latest strategies help push India sales?

Rediff.com   26 Sep 2019

Recently, Apple did two things differently. First, it entered video streaming sector with cheaper options and second it has opened up its OTT service for non-Apple users too.

Telecom biggies are ignoring Chinese firms for 5G trial

Telecom biggies are ignoring Chinese firms for 5G trial

Rediff.com   23 Sep 2019

The move comes against the backdrop of the US and some of its allies banning the purchase of Chinese telecom gear over security concerns and pressuring other countries to follow suit.

Why ride-hailing firms are lobbying for concessions

Why ride-hailing firms are lobbying for concessions

Rediff.com   13 Sep 2019

Ride-hailing services are also lobbying the government for the recognition of a new category for motorcycle-shared services, where the owner should not have to take a commercial licence. Pooled services is another area where taxi aggregators are hoping to make the government listen to them.

Banks form GM-level teams for merger ease

Banks form GM-level teams for merger ease

Rediff.com   5 Sep 2019

Banks are also weighing the option of hiring experts for help in specialised areas.

The French Press, OYO's gift to India's coffee lovers

The French Press, OYO's gift to India's coffee lovers

Rediff.com   19 Aug 2019

OYO is also planning to set up some premium restaurants post the launch of The French Press. In recent months, the company has started four cloud kitchen brands - Adraq, O Biriyani, Paratha Pandit and Master of Momos.

DHFL resolution plan: Stakeholders seek legal protection

DHFL resolution plan: Stakeholders seek legal protection

Rediff.com   14 Aug 2019

The stakeholders want protection from any litigation which might arise due to fresh claims against the company, especially after PE funds have bought stake in the company and the resolution plan has been cleared by the bankers.

Reliance Jio targets 75 million households with fibre-to-home roll-out

Reliance Jio targets 75 million households with fibre-to-home roll-out

Rediff.com   10 Jul 2019

Globally China, Japan, Russia and South Korea and the US are the top FTTH markets.

Lenders cautious as Cox & Kings defaults on commercial paper of Rs 200 cr

Lenders cautious as Cox & Kings defaults on commercial paper of Rs 200 cr

Rediff.com   4 Jul 2019

Cox & Kings had a total debt of Rs 3,238 crore at end of FY19 and this included both short-term and long-term loans.

Slow loan growth confirms India is not shining

Slow loan growth confirms India is not shining

Rediff.com   29 Jun 2019

While slowdown was prominent in vehicle loan segment, home loans growth improved to 18.7% in May 2019 from 15.5% a year ago.

DHFL promoters exit WGC Wealth to repay debts

DHFL promoters exit WGC Wealth to repay debts

Rediff.com   28 Jun 2019

Lenders to DHFL will meet early July to hammer out a rescue package, which will include the reworking of loan payments, fresh working capital support, roping in a financial investor, and the promoters ceding control.

Why are India's tycoons selling out?

Why are India's tycoons selling out?

Rediff.com   21 Jun 2019

Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.

HDFC to acquire Apollo Munich Health Insurance for Rs 1,347 crore

HDFC to acquire Apollo Munich Health Insurance for Rs 1,347 crore

Rediff.com   20 Jun 2019

The merged entity will have a combined market share of 6.4 per cent in the non-life insurance industry with 308 branches in the country. The deal is subject to regulatory approvals and the entire process is expected to be completed in nine months.

Anil Ambani on why there's sharp fall in his group firm shares

Anil Ambani on why there's sharp fall in his group firm shares

Rediff.com   19 Jun 2019

He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.

With Jet off the radar, skies are wide open for Tata's airlines

With Jet off the radar, skies are wide open for Tata's airlines

Rediff.com   12 Jun 2019

Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.

IndiGo Airlines: The story of two unlikely partners

IndiGo Airlines: The story of two unlikely partners

Rediff.com   31 May 2019

Some years ago, Rakesh Gangwal reportedly said his relationship with Rahul Bhatia evolved in an amazing friendship, which he termed 'blind trust'. The question is whether that is under scrutiny now.

Chandras may sell small stake in Zee Entertainment

Chandras may sell small stake in Zee Entertainment

Rediff.com   29 May 2019

The promoters expect to get Rs 9,000-10,000 crore from the sale of their assets