Veena Mani &Amp;Amp; Aneesh Phadnis

Stories by Veena Mani &Amp;Amp; Aneesh Phadnis

Surge pricing: Ola, Uber to come under CCI lens

Surge pricing: Ola, Uber to come under CCI lens

Rediff.com   5 Jan 2018

A surge in taxi fares earlier led Maharashtra govt to set up committee to recommend prices for these players

IBC may be tweaked to give relief to stressed asset buyers

IBC may be tweaked to give relief to stressed asset buyers

Rediff.com   7 Dec 2017

This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks.

How Jet Airways plans to save cost

How Jet Airways plans to save cost

Rediff.com   6 Dec 2017

Jet will, however, continue to pay the sale-linked productivity bonus to them.

How India narrowly escaped a health crisis

How India narrowly escaped a health crisis

Rediff.com   5 Dec 2017

The Philippines launches probe after Sanofi reveals WHO-approved dengvaxia - a dengue vaccine - aggravates symptoms in some cases.

Bankruptcy code clips ArcelorMittal's India expansion plans

Bankruptcy code clips ArcelorMittal's India expansion plans

Rediff.com   29 Nov 2017

In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.

These firms transacted crores of rupees but have no PAN!

These firms transacted crores of rupees but have no PAN!

Rediff.com   16 Nov 2017

Ministry of Corporate Affairs is now likely to examine whether all active companies have PAN or not

After 15 years, Ranjit Shahani steps down as Novartis' India chief

After 15 years, Ranjit Shahani steps down as Novartis' India chief

Rediff.com   14 Nov 2017

The face of MNC drug firms in India and champion of IPR protection, he oversaw the Swiss giant's India expansion, its forays into new therapies and setting up of its global service centre in Hyderabad

309,000 'shell' company directors disqualified

309,000 'shell' company directors disqualified

Rediff.com   6 Nov 2017

Their bank accounts have been frozen. State governments have been told to restrict sales and transfers of real estate assets these companies own.
Veena Mani reports.

Banks prefer sectoral guidelines for sale of stressed assets

Banks prefer sectoral guidelines for sale of stressed assets

Rediff.com   31 Oct 2017

Those involved in the discussions say the guidelines for selection of bidders in insolvency cases need to be transparent, otherwise anyone who loses out could take legal recourse, leading to wastage of time and derailing the whole process.

Pharma sector in alarm over govt's cure

Pharma sector in alarm over govt's cure

Rediff.com   28 Oct 2017

The government plans to rationalise trade margins for many other medical devices, besides stents and knee implants.

Why your takeoff from Delhi this winter may not be smooth

Why your takeoff from Delhi this winter may not be smooth

Rediff.com   21 Oct 2017

Delhi airport, the country's busiest, runs out of slots due to runway capacity constraints.

Soumya Swaminathan: Just what the doctor ordered

Soumya Swaminathan: Just what the doctor ordered

Rediff.com   14 Oct 2017

Her appointment as World Health Organisation's deputy director offers an opportunity to push for improving the medical research environment in India.

Insolvency rules tweaked, help is at hand for home buyers

Insolvency rules tweaked, help is at hand for home buyers

Rediff.com   10 Oct 2017

With the amendment, firms like EY and Deloitte can work as resolution professionals instead of only their partners enrolling as insolvency professionals.

Shell companies feel the heat as govt banks on AI to nab them

Shell companies feel the heat as govt banks on AI to nab them

Rediff.com   26 Sep 2017

P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.

Coming soon: The crack down on shell companies

Coming soon: The crack down on shell companies

Rediff.com   25 Sep 2017

Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.

Bengaluru, Delhi airports lead the world

Bengaluru, Delhi airports lead the world

Rediff.com   23 Sep 2017

Bengaluru and Delhi airports had the fastest growth in passenger traffic in 2016 among global peers.

Why India's pharma cos prefer Gujarat over tax havens

Why India's pharma cos prefer Gujarat over tax havens

Rediff.com   23 Sep 2017

Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees

NEET: The CBSE Factor

NEET: The CBSE Factor

Rediff.com   20 Sep 2017

Data from Tamil Naduindicates that NEET favours likely CBSE students. CBSE students took every third seat available in government medical colleges in the state.

Over 100,000 shell firm directors disqualified for five years

Over 100,000 shell firm directors disqualified for five years

Rediff.com   13 Sep 2017

26 chartered accountants associated with such shell companies have also been identified

McDonald's, Indian partner begin fresh war

McDonald's, Indian partner begin fresh war

Rediff.com   8 Sep 2017

Vikram Bakshi says the 169 stores will remain open, McDonald's says it will take steps to enforce termination.