Surajeet Das Gupta And Dev Chatterjee

Stories by Surajeet Das Gupta And Dev Chatterjee

India's economic slowdown will reverse in coming quarters: Mukesh Ambani

India's economic slowdown will reverse in coming quarters: Mukesh Ambani

Rediff.com   30 Oct 2019

Mukesh Ambani, who is in talks with Saudi Arabian oil giant Aramco to sell one-fifth of his oil-to-chemicals business in India for $ 15 billion, said the two countries have all factors to drive growth - technology, young demography, and leadership.

Smokers, no need to kick the butt yet

Smokers, no need to kick the butt yet

Rediff.com   25 Oct 2019

Phillip Morris says its research shows that the product while giving the same delivery of nicotine to smokers, does not produce the toxic and carcinogenic effects of cigarette smoking known as harmful and potential harmful constituents.

'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.

PMC Bank chairman's HDIL link runs really deep

PMC Bank chairman's HDIL link runs really deep

Rediff.com   4 Oct 2019

While Waryam Singh was a non-executive director at HDIL, he is listed as one of the promoters of the company and had relations, including shareholding, with several other entities controlled by the Wadhawans, the HDIL founders.

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.

Should BMW buy JLR from Tata Motors?

Should BMW buy JLR from Tata Motors?

Rediff.com   19 Sep 2019

BMW is over-capitalised and is awash with cash and it could quickly lower JLR's investment costs and raise margins by leveraging its own platforms, powertrains, purchasing scale and quality control.

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.

Yet another sign that economy is in bad shape

Yet another sign that economy is in bad shape

Rediff.com   11 Sep 2019

India Inc's investment project announcement falls to Rs 11.3 trillion. In the coming months, the pace of investments would depend on how soon consumption demand picks up and private sector investment ramps up investment in infrastructure.

Tata Sons AGM okays 1000% dividend payout

Tata Sons AGM okays 1000% dividend payout

Rediff.com   24 Aug 2019

The higher dividend will help Tata Trusts, which owns 67 per cent stake in Tata Sons, to invest in its charitable activities. The total dividend outgo will be Rs 404 crore.

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.

Banks should pass on rate-cut benefits to spur investment, says India Inc

Banks should pass on rate-cut benefits to spur investment, says India Inc

Rediff.com   8 Aug 2019

CEOs have complained that high interest rates have blocked their investment decisions. At the same time, customers are also deferring their purchases for new consumer durables, cars, and homes.

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.

How Chandra plans to tackle the 2 key challenges of Tata group

How Chandra plans to tackle the 2 key challenges of Tata group

Rediff.com   24 Jun 2019

At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.

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.

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.

How IL&FS bosses showed fictitious profits for salary hikes

How IL&FS bosses showed fictitious profits for salary hikes

Rediff.com   10 Jun 2019

Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.

India Inc heaves sigh of relief over 30-day grace for loan default

India Inc heaves sigh of relief over 30-day grace for loan default

Rediff.com   8 Jun 2019

Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.