Surajeet Das Gupta &Amp; T E Narasimhan

Stories by Surajeet Das Gupta &Amp; T E Narasimhan

How safe is Maruti's S-Presso mini SUV?

How safe is Maruti's S-Presso mini SUV?

Rediff.com   12 Nov 2020

Hyundai got two stars for Grand i10 Nios and Kia got three stars for Seltos.

Food focus keeps PepsiCo going, but Coke struggles amid pandemic

Food focus keeps PepsiCo going, but Coke struggles amid pandemic

Rediff.com   5 Nov 2020

The good news for PepsiCo is that the foods segment has normalised much faster to pre-pandemic levels than beverages.

CV sales ride on economic revival, infra and rural demand

CV sales ride on economic revival, infra and rural demand

Rediff.com   3 Nov 2020

MHCV sales' grew by 9% to 5,033 units over September 2020 and 3% over October 2019, the first month registering growth over the previous year.

Airtel overtakes Jio for first time in new 4G subscriptions

Airtel overtakes Jio for first time in new 4G subscriptions

Rediff.com   2 Nov 2020

Analysts say that Jio's substantial slowing down in net additions is possibly because the company has dramatically reduced its bundled 4G feature phone offering, which contributed an average 30-40 per cent of its net additions.

Subhash Chandra's net worth sinks below Rs 10 crore amid deluge of debt

Subhash Chandra's net worth sinks below Rs 10 crore amid deluge of debt

Rediff.com   28 Oct 2020

The reduction in value of Chandra's assets comes close on the heels of the group's debt burgeoning to over Rs 12,000 crore, much of which he had raised by pledging his shares to banks and mutual funds in his flagship company ZEEL after many of the groups infrastructure bets did not take off.

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Rediff.com   28 Oct 2020

Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.

Planning to buy an Apple iPhone 12 in India? Think again

Planning to buy an Apple iPhone 12 in India? Think again

Rediff.com   27 Oct 2020

A Dubai trip plus Apple iPhone 12 is cheaper than buying the phone in India. Various models of the iPhone 12 Pro and Max are cheaper in Dubai by up to Rs 35,000 owing to higher GST, Customs duty in India.

Despite anti-China sentiment, OnePlus to invest Rs 1,000 cr in India R&D

Despite anti-China sentiment, OnePlus to invest Rs 1,000 cr in India R&D

Rediff.com   22 Oct 2020

OnePlus has over 5,000 offline stores, including partnered stores, across the country, and plans to scale this up to 8,000 stores in the coming quarters.

A new battle rages on between Jio and Airtel

A new battle rages on between Jio and Airtel

Rediff.com   20 Oct 2020

While only 78.15 per cent of Jio's total subscriber base was active, Airtel boasts of 98.14 per cent active customers.

Vistara plans to spread its wings beyond India skies

Vistara plans to spread its wings beyond India skies

Rediff.com   16 Oct 2020

By 2023, Vistara's hangars will house a total of 70 aircraft, up from the current 42.

India may pip China and Vietnam to become mobile export hub

India may pip China and Vietnam to become mobile export hub

Rediff.com   15 Oct 2020

The government gave clearance to five global and five Indian players that have made a commitment to a production value of 12.5-trillion phones in five years under the Production Linked Incentive scheme.

Tractor sales cross the 100,000 mark in September; only third time in 3 yrs

Tractor sales cross the 100,000 mark in September; only third time in 3 yrs

Rediff.com   14 Oct 2020

This rise was spurred by record kharif sowing - after a good rabi season - that ensured high disposable incomes in rural India.

Airtel, Vi bat for tariff hike, but Jio is sitting tight

Airtel, Vi bat for tariff hike, but Jio is sitting tight

Rediff.com   12 Oct 2020

Vodafone and Bharti have pointed out that, for data, their revenue realisation should be at Rs 30-35 per GB for them to cover their costs as opposed to the current figure of over Rs 11 per GB. But Jio has suggested a gradual increase to Rs 15 per GB and then maybe to Rs 20 per GB after six to nine months.

Valli Arunachalam issues legal notice to Murugappa family members

Valli Arunachalam issues legal notice to Murugappa family members

Rediff.com   10 Oct 2020

The development comes after the shareholders of Ambadi Investments, the holding company of the Rs 38,100-crore Murugappa Group, voted against the induction of 59-year-old Valli Arunachalam, the eldest daughter of former executive chairman M V Murugappan, into its board.

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

Rediff.com   8 Oct 2020

It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.

Cricket apps climb up the order in play store downloads

Cricket apps climb up the order in play store downloads

Rediff.com   6 Oct 2020

The dizzying ascent of these cricket apps, some from near oblivion, after the IPL tournament began on September 19 in the UAE, has been meteoric.

PE/VC investments in pharma cos cross $1 bn mark

PE/VC investments in pharma cos cross $1 bn mark

Rediff.com   6 Oct 2020

Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

Rediff.com   2 Oct 2020

While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.

Covid woes: Mumbai, Delhi bring little cheer for telcos

Covid woes: Mumbai, Delhi bring little cheer for telcos

Rediff.com   30 Sep 2020

Telecom operators say the reason for the low increase in ARPU in the two metros could be linked to the massive reverse migration of labour.

US continues to be biggest source of VC investment in India

US continues to be biggest source of VC investment in India

Rediff.com   25 Sep 2020

Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.