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

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

Air Carnival to start flying from July 18, offers cheap fares

Air Carnival to start flying from July 18, offers cheap fares

Rediff.com   17 Jul 2016

The fare for the inaugural flight is Rs 1 and the tariff for the first three months is Rs 999.

Ratan Tata, most active angel investor with 14 start-ups

Ratan Tata, most active angel investor with 14 start-ups

Rediff.com   13 Jul 2016

Ratan Tata invested about $299,000 during the first six months of 2016.

Tough legal battle lies ahead for USL, Mallya

Tough legal battle lies ahead for USL, Mallya

Rediff.com   12 Jul 2016

USL board said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies.

Mallya denies Diageo's fund diversion charges

Mallya denies Diageo's fund diversion charges

Rediff.com   11 Jul 2016

'It is surprising and unfortunate that unfounded allegations are now being made without any reference to me whatsoever,' Vijay Mallya said.

Bank employees to go on strike on July 12-13

Bank employees to go on strike on July 12-13

Rediff.com   10 Jul 2016

The unions have called for a strike against proposed closure of associate banks and their merger with the State Bank of India

Essar's US unit files for bankruptcy

Essar's US unit files for bankruptcy

Rediff.com   10 Jul 2016

In 2007, Essar had said it would set up a $1.8-bn unit in Minnesota, but scaled down from a full-scale taconite steel mill project to pellet plant after the 2008 financial crisis

United Spirits says it has found fund diversions by Mallya entities

United Spirits says it has found fund diversions by Mallya entities

Rediff.com   10 Jul 2016

Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman

China's oldest auto company revs up for India entry

China's oldest auto company revs up for India entry

Rediff.com   9 Jul 2016

It manufactures cars ranging from entry-level hatchbacks to sedans to sport utility vehicles to vans to pick-up trucks. It also has a range of electric and hybrid vehicles

Tamil Nadu: In debt, state faces pressure to implement pay hike

Tamil Nadu: In debt, state faces pressure to implement pay hike

Rediff.com   8 Jul 2016

This time, five states, including Tamil Nadu, have requested the Centre to delay the pay hikes.

Why Mukesh Ambani's private firms are in the slow lane

Why Mukesh Ambani's private firms are in the slow lane

Rediff.com   28 Jun 2016

The company had received a loan restructuring package from banks under the 5/25 scheme last year.

Brexit: Bear shadow on India Inc

Brexit: Bear shadow on India Inc

Rediff.com   25 Jun 2016

Firms to find alternative export routes or face increased trade barriers

Brexit impact: Big Indian firms to feel the heat

Brexit impact: Big Indian firms to feel the heat

Rediff.com   22 Jun 2016

JLR, Tata Steel Europe CEOs caution staff on high risks of leaving the EU

Rexit leaves India Inc disappointed

Rexit leaves India Inc disappointed

Rediff.com   20 Jun 2016

India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan.

Infosys shareholders happy with real 'Sikka'

Infosys shareholders happy with real 'Sikka'

Rediff.com   19 Jun 2016

Stamp of approval on CEO's strategy and long-term goal for the company

Ola to raise $1 billion to fend off Uber

Ola to raise $1 billion to fend off Uber

Rediff.com   15 Jun 2016

The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India.

'I want India to be the most innovative place for SAP'

'I want India to be the most innovative place for SAP'

Rediff.com   9 Jun 2016

'SAP has been an enterprise software leader for 43 years, and we don't have a competitor also in this space.'

PAL-V: You can fly or drive this amazing car!

PAL-V: You can fly or drive this amazing car!

Rediff.com   7 Jun 2016

In its flight performance, it can move up to a maximum speed of 180 km/h and minimum speed for level flight at 50 km/h.

McKinsey's secret $5-billion fund in spotlight: Financial Times

McKinsey's secret $5-billion fund in spotlight: Financial Times

Rediff.com   7 Jun 2016

The FT report said the existence, size and investments of the highly profitable internal trading fund, which was set up three decades ago, have until now remained largely unknown outside a circle of former and current insiders.

First 5 files CM Jaya signed will spell doom for Tamil Nadu

First 5 files CM Jaya signed will spell doom for Tamil Nadu

Rediff.com   2 Jun 2016

The sops sanctioned by J Jayalalithaa on her first day in office could cost the exchequer up to Rs 8,000 crore annually.

L&T Infotech recalls 1,500 job offers

L&T Infotech recalls 1,500 job offers

Rediff.com   31 May 2016

The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.