Surajeet Das Gupta And Saubhadro Chatterji

Stories by Surajeet Das Gupta And Saubhadro Chatterji

Foreign retailers nervous, embassies anxious

Foreign retailers nervous, embassies anxious

Rediff.com   1 Dec 2011

A rollback or dilution of the policy is not the only fear these multinationals have; they are also facing upfront political opposition.

Firms need up to 50 permits from state govts

Firms need up to 50 permits from state govts

Rediff.com   30 Nov 2011

Retailers need to get up to 50 permissions from a state government before they can start a new store. And, the permissions required include things like valet parking, use of insecticides, chillers and freezers or sale of non-vegetarian processed food.

3G spectrum row: Sibal talks tough, but will meet telcos

3G spectrum row: Sibal talks tough, but will meet telcos

Rediff.com   28 Nov 2011

The joint letter to Manmohan Singh was written by Sunil Mittal, chairman of Bharti Airtel, Kumar Mangalam Birla, chairman of the Aditya Birla group which has promoted Idea Cellular, and Vittoria Colao, chairman of Vodafone Group Plc.

MUL justifies golden handshake

MUL justifies golden handshake

Rediff.com   7 Nov 2011

The country's largest car maker has come under the spotlight for working out a quiet settlement with union leader Sonu Gujjar and other workers by paying them Rs 16 lakh (Rs 1.6 million) each, much more than they would have got under a normal severance package or voluntary retirement scheme.

3G roaming pacts face DoT heat

3G roaming pacts face DoT heat

Rediff.com   31 Oct 2011

DoT has stated in an internal note that the 3G roaming agreements between these three companies are tantamount to their becoming mobile virtual network operators, something not allowed under the current policy.

India to be Reckitt's OTC production hub

India to be Reckitt's OTC production hub

Rediff.com   30 Sep 2011

British consumer goods major Reckitt Benckiser, which bought over local start-up Paras Pharmaceuticals for a staggering Rs 3,260 crore (Rs 32.6 billion) last year, is converting its acquired Baddi plant in Himachal Pradesh into a global hub for manufacturing over-the-counter (OTC) pharmaceutical products.

AAI, Leela spar over land lease terms

AAI, Leela spar over land lease terms

Rediff.com   27 Sep 2011

Airports authority demands Leela fork out 7.5% of gross turnover of Mumbai hotel as royalty.

No clause in pact violated, Swiss airlines to India

No clause in pact violated, Swiss airlines to India

Rediff.com   23 Sep 2011

India had threatened to stop Swiss, which, as the designated airline of that country, 'violated' a vital clause called the substantial ownership and effective control, mandated under the bilateral air services agreement between the two countries.

PFC-like body mooted for telecom financing

PFC-like body mooted for telecom financing

Rediff.com   14 Sep 2011

The new telecom policy-2011 is also expected to come out with new norms for mergers and acquisitions, enhancing rural coverage, and spectrum allocation, among other things.

Trai warns telcos on call rates, may intervene

Trai warns telcos on call rates, may intervene

Rediff.com   8 Sep 2011

This means the regulator can bring rates under regulation once again. Currently, the rates are determined by market forces.

Retail: Range of back-end infra FDI to widen

Retail: Range of back-end infra FDI to widen

Rediff.com   22 Aug 2011

New policy to give greater flexibility to foreign players.

ITC's gum foray to give Perfetti something to chew

ITC's gum foray to give Perfetti something to chew

Rediff.com   15 Aug 2011

ITC operates only in the sugar confectionery arena, which limits its size of business.

GMR hopes to land Spain airport projects

GMR hopes to land Spain airport projects

Rediff.com   4 Aug 2011

Considers bidding for Barcelona, Madrid airports; may rope in local partner.

Panel nods tough riders for retail FDI

Panel nods tough riders for retail FDI

Rediff.com   1 Aug 2011

Emerging consensus is that all state capitals be covered.

DoT proposes one nation, one market policy

DoT proposes one nation, one market policy

Rediff.com   22 Jul 2011

The Department of Telecommunications (DoT) has proposed to simplify the country's telecom landscape. It has suggested one tariff for each licence holder across the country, all-India mobile number portability and doing away with roaming charges.

Ashok Burman: The man who gave repackaged Ayurveda

Ashok Burman: The man who gave repackaged Ayurveda

Rediff.com   11 Jul 2011

Ashok Chand Burman, the 82-year-old patriarch of the family and chairman of fast moving consumer goods (FMCG) major Dabur Ltd, died on Saturday while on vacation in London, He was instrumental in fundamentally transforming a mid-rung ayurveda company firm into a FMCG major.

ITC-Chitalias battle moves to India

ITC-Chitalias battle moves to India

Rediff.com   11 Jul 2011

The long battle between ITC and its one-time trading partner, the Chitalias, has shifted to India. ITC has filed a suit in the Indian courts to recover assets it says the two brothers have in the country.

ITC bets on beverages, dairy to top FMCG pack

ITC bets on beverages, dairy to top FMCG pack

Rediff.com   29 Jun 2011

The company is looking to triple its FMCG turnover from Rs 5,000 crore (Rs 50 billion) to Rs 15,000 crore (Rs 150 billion) in the next five years.

AI warns govt of loan default consequences

AI warns govt of loan default consequences

Rediff.com   28 Jun 2011

The loans are backed by a government guarantee.

Lenders want govt to pay for AI's plane purchases

Lenders want govt to pay for AI's plane purchases

Rediff.com   24 Jun 2011

The government has till now injected Rs 2,000-crore (Rs 20-billion) fresh equity into the airline.