Surajeet Das Gupta &Amp; Dev Chatterjee

Stories by Surajeet Das Gupta &Amp; Dev Chatterjee

L&T bets big on data centres, defence sector

L&T bets big on data centres, defence sector

Rediff.com   26 Aug 2025

Larsen & Toubro Ltd (L&T) is deepening its push into data centres and defence manufacturing while keeping an eye on emerging opportunities in nuclear and thermal power, chairman and managing director SN Subrahmanyan said. The engineering and construction conglomerate has invested around Rs 2,200 crore in data centres, with 32 megawatts (Mw) already operational.

What July's Hiring Trends Reveal

What July's Hiring Trends Reveal

Rediff.com   21 Aug 2025

Fresher hiring grew by 8 per cent driven by non-IT services oil and gas, real estate, and education sectors.

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Rediff.com   19 Aug 2025

Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.

Running for top spot, Asics eyes Nike and Adidas turf in India

Running for top spot, Asics eyes Nike and Adidas turf in India

Rediff.com   14 Aug 2025

It has charted an ambitious target. Japanese premium sports goods giant Asics - which sells 75 per cent of its shoes in the country at over ~12,000 a pair - wants to be the No. 1 running shoe player in the $90-a-pair organised market in India, currently dominated by Nike, Adidas and Puma. To do so, it is making an aggressive push into Tier-II and Tier-III cities, where customers are ready to lap them up - as well as setting up company-owned stores in four to five locations across key metros.

Succession Vacuum Fuels Family Feuds In India Inc

Succession Vacuum Fuels Family Feuds In India Inc

Rediff.com   9 Aug 2025

Unresolved succession plans and informal ownership structures are fuelling bitter family fights across India's corporate boardrooms.

Trump's Tariff Give Electronics A Breather

Trump's Tariff Give Electronics A Breather

Rediff.com   31 Jul 2025

But the respite may not last long.

AI Doesn't Scare India's Job Seekers!

AI Doesn't Scare India's Job Seekers!

Rediff.com   28 Jul 2025

Among fresher job seekers, one in three believes AI will create more jobs.

Fuel efficiency norms favour big cars: Maruti's Bhargava

Fuel efficiency norms favour big cars: Maruti's Bhargava

Rediff.com   12 Jul 2025

"My understanding is that the rules are weighted in favour of big cars, even though smaller cars emit fewer emissions per passenger, use less material, and consume less fuel," Bhargava said in an interview with Business Standard.

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Rediff.com   11 Jul 2025

India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.

'India's paint market is highly local and competitive'

'India's paint market is highly local and competitive'

Rediff.com   11 Jul 2025

'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'

No option for states to reject bike taxi norms: Rapido cofounder Guntupalli

No option for states to reject bike taxi norms: Rapido cofounder Guntupalli

Rediff.com   10 Jul 2025

Rapido - one of the largest players in the bike taxi commute business - says the new guidelines released by the central government on July 1, permitting "non-transport motorcycles" for aggregators, no longer give states the option of rejecting the revised policy.

Temasek lifts India exposure to 8% as China share declines for third year

Temasek lifts India exposure to 8% as China share declines for third year

Rediff.com   10 Jul 2025

Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.

Virat Kohli Is Still Scoring Big

Virat Kohli Is Still Scoring Big

Rediff.com   3 Jul 2025

Whether in cricket or business, Kohli continues to play the long game.

Why Is Foxconn Pulling Staff From India?

Why Is Foxconn Pulling Staff From India?

Rediff.com   3 Jul 2025

The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.

CCI orders probe into Asian Paints over alleged abuse of dominance

CCI orders probe into Asian Paints over alleged abuse of dominance

Rediff.com   2 Jul 2025

India's fair trade regulator Competition Commission of India (CCI) has launched a formal investigation against India's biggest paints firm, Asian Paints, for alleged abuse of its dominant position in the organised decorative paints market, following a complaint by Aditya Birla group's Grasim Industries' Birla Opus Paints division.

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Rediff.com   26 Jun 2025

Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.

'We're the largest gig worker employer in country'

'We're the largest gig worker employer in country'

Rediff.com   25 Jun 2025

'Today, we have 2 million active drivers earning through our platform every month.'

Rare Earth Magnet Importers Consider 'Force Majeure'

Rare Earth Magnet Importers Consider 'Force Majeure'

Rediff.com   23 Jun 2025

Since April 4, around 35 importers in India have either not received any shipment of the magnets or have not been granted the import licences by China.

How Adani Plans To Fund $20 Billion Expansion

How Adani Plans To Fund $20 Billion Expansion

Rediff.com   19 Jun 2025

'About $8.5 billion in free cash, about $3 billion as annual debt refinancing, and $3 billion-4 billion in fresh borrowing. An additional $1.6 billion-1.8 billion will come from development profits in 2025-26.'

'Nothing As Heartbreaking As This'

'Nothing As Heartbreaking As This'

Rediff.com   17 Jun 2025

'We consider everyone who lost someone in this tragedy as part of our family -- now and forever.'