T E Narasimhan, Bibhu Ranjan Mishra &Amp;Amp; Dev Chatterjee

Stories by T E Narasimhan, Bibhu Ranjan Mishra &Amp;Amp; Dev Chatterjee

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.

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.

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.

'There is a good alignment of stars and we hope to continue to surprise the market'

'There is a good alignment of stars and we hope to continue to surprise the market'

Rediff.com   22 Oct 2020

'We will continue to refine our operating model to drive more simplicity and nimbleness.'

Covid-19: Zero cash flows force India Inc to sell assets

Covid-19: Zero cash flows force India Inc to sell assets

Rediff.com   22 Oct 2020

Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months.

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.

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.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com   8 Oct 2020

PNB has rich experience in the integration of commercial banks.

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.

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.

SBI Caps, JM Financial to sell Reliance Capital assets

SBI Caps, JM Financial to sell Reliance Capital assets

Rediff.com   2 Oct 2020

The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance, a joint venture with Nippon Life, which is among the top five private-sector insurance companies.

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.

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.

'In Q2 so far, we are continuing with our hiring'

'In Q2 so far, we are continuing with our hiring'

Rediff.com   23 Sep 2020

Infosys is on a much stronger wicket today than where it was a few years ago, despite the impact of the Covid-19 pandemic on the business, says its CEO & MD Salil Parekh. In an interview to Bibhu Ranjan Mishra & Sai Ishwar, Parekh talks about the company's plans with regard to salary hike deferment, fresher hiring, acquisitions, and much more.

Narayana Murthy bats for external probe into whistleblower complaints

Narayana Murthy bats for external probe into whistleblower complaints

Rediff.com   22 Sep 2020

Murthy said moral weakness and incompetence of the chairman of the board are the main reasons behind corporate scams.

VC investments from China down by 66% in 2020

VC investments from China down by 66% in 2020

Rediff.com   18 Sep 2020

The drop was the result of the change in FDI rules, which was amplified by the border standoff between India and China.

Ready-made garment exports are on a road to revival

Ready-made garment exports are on a road to revival

Rediff.com   17 Sep 2020

Recovery was largely driven by the European Union markets.

Business reforms: Gujarat ranks behind West Bengal

Business reforms: Gujarat ranks behind West Bengal

Rediff.com   17 Sep 2020

While other states are becoming competitive, Gujarat, say experts is not paying enough attention to maintaining its own position in terms of business reforms.

Investors are betting big on India's education sector

Investors are betting big on India's education sector

Rediff.com   15 Sep 2020

The pandemic has confined students across all ages to home and digital education is the only way to continue learning.

While Hero MotoCorp, TVS gain mkt share, Honda, Bajaj slip

While Hero MotoCorp, TVS gain mkt share, Honda, Bajaj slip

Rediff.com   11 Sep 2020

As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.