Suvashree Dey Choudhury And Devidutta Tripathy

Stories by Suvashree Dey Choudhury And Devidutta Tripathy

Excessive reliance on forex borrowing risky: RBI

Excessive reliance on forex borrowing risky: RBI

Rediff.com   11 Jun 2013

Heightened volatility makes the debt rollovers difficult.

RBI fines Axis, HDFC, ICICI banks for rule violations

RBI fines Axis, HDFC, ICICI banks for rule violations

Rediff.com   10 Jun 2013

The RBI said it had not found initial evidence of money laundering against the three banks.

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Rediff.com   31 May 2013

The company had dent of about Rs 14,070 crore.

Car makers endure worst sales streak in history

Car makers endure worst sales streak in history

Rediff.com   10 May 2013

Economic gloom and rising ownership costs have savaged sales.

Jet set to order over 100 planes at airshow

Jet set to order over 100 planes at airshow

Rediff.com   10 May 2013

Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.

Boeing to compensate AI for Dreamliner grounding

Boeing to compensate AI for Dreamliner grounding

Rediff.com   3 May 2013

The carrier expects to restart Dreamliner operations for domestic flights by mid-May, Ajit Singh said.

RBI may sweeten rate cut with lower cash reserve ratio

RBI may sweeten rate cut with lower cash reserve ratio

Rediff.com   2 May 2013

The majority view remains for the central bank to leave the cash reserve ratio unchanged at 4 per cent.

Tata Tele to give up some airwaves to save surcharges

Tata Tele to give up some airwaves to save surcharges

Rediff.com   17 Apr 2013

Will give up extra airwaves in 15 service areas but will retain 3.75 megahertz in the Delhi and Mumbai.

Kingfisher submits plan to restart airline: CEO

Kingfisher submits plan to restart airline: CEO

Rediff.com   10 Apr 2013

The parent company, UB Group, is willing to pump in money.

Idea Cellular gets tax demand, may challenge order

Idea Cellular gets tax demand, may challenge order

Rediff.com   5 Apr 2013

The company and a unit had received tax demands from authorities over a restructuring exercise approved by courts more than three years ago.

Jet shares fall on Etihad deal worries

Jet shares fall on Etihad deal worries

Rediff.com   18 Mar 2013

Jet Airways shares fall as much as 13.6 per cent after media reported that the deal with Etihad may be called off.

Despite concerns, India to let corporates into banking

Despite concerns, India to let corporates into banking

Rediff.com   11 Feb 2013

India will soon allow corporate houses to open banks despite misgivings within the RBI.

M&M to invest $900 million in Mahindra-Ssangyong

M&M to invest $900 million in Mahindra-Ssangyong

Rediff.com   9 Jan 2013

The money will be used to develop products jointly.

Yes Bank denies rumour of stake buy in JM Financial

Yes Bank denies rumour of stake buy in JM Financial

Rediff.com   2 Jan 2013

CEO Rana Kapoor said no such discussion or proposition has ever transpired.

Bharti falls on report of possible CBI charges

Bharti falls on report of possible CBI charges

Rediff.com   21 Dec 2012

A source at the CBI told Reuters that officials were likely to file charges related to the broader case as early as Friday but did not specify whether those might included Bharti.

Politics, laws weigh on Islamic finance in India

Politics, laws weigh on Islamic finance in India

Rediff.com   20 Dec 2012

An estimated 177 million Muslims in India, the largest Muslim minority population in the world, are unable to use Islamic banks because laws covering the sector require banking to be based on interest, which is forbidden in Islam.

Infratel to sell $120 million shares to anchor buyers

Infratel to sell $120 million shares to anchor buyers

Rediff.com   11 Dec 2012

Investors including units of Morgan Stanley and Citigroup have agreed to buy 28.3 million shares of Bharti Infratel at Rs 230 apiece.

Top guns bid for DJB project

Top guns bid for DJB project

Rediff.com   6 Jul 2005

Uniform call rates within regions

Uniform call rates within regions

Rediff.com   28 Jun 2005

Post-VAT, states turn to CST

Post-VAT, states turn to CST

Rediff.com   2 Jun 2005