Vinay Umarji &Amp; Dev Chatterjee

Stories by Vinay Umarji &Amp; Dev Chatterjee

Lodha's Macrotech seeks debt moratorium as sales tank 69%

Lodha's Macrotech seeks debt moratorium as sales tank 69%

Rediff.com   18 Feb 2021

The pandemic caused construction delays at its ongoing projects due to several factors such as lockdowns enforced by government agencies, work-stoppage orders, disruptions in the supply of materials and shortage of labour resulted in failure to meet development milestones.

Winners and losers amid the Covid-19 pandemic

Winners and losers amid the Covid-19 pandemic

Rediff.com   5 Feb 2021

CEOs expect to finish the ongoing March quarter with positive growth as the corporates get back to work in full strength.

Indian Hotels in race to take over Mysuru's Lalitha Mahal Palace

Indian Hotels in race to take over Mysuru's Lalitha Mahal Palace

Rediff.com   4 Feb 2021

The palace, currently run by JLR, will be offered to bidders on a long-term management contract.

How Piramal managed to outbid Oaktree, Adani for DHFL

How Piramal managed to outbid Oaktree, Adani for DHFL

Rediff.com   24 Jan 2021

When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

Rediff.com   22 Jan 2021

Most of the hirings are, however, in the entry or junior level.

Kumar Mangalam Birla has a piece of advice for India Inc on future crisis

Kumar Mangalam Birla has a piece of advice for India Inc on future crisis

Rediff.com   21 Jan 2021

While asking firms not to worry about sharp volatility in prices, Birla said companies must make sure they do not get caught in 'comorbidities'.

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

Rediff.com   18 Jan 2021

Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets.

Bharat Biotech has two more Covid vaccines in pipeline

Bharat Biotech has two more Covid vaccines in pipeline

Rediff.com   16 Jan 2021

First a scientist and then a businessman, founder chairman Krishna Ella quit his faculty position at the Medical University of South Carolina in Charleston, United States, in 1996 to return to India.

Air India bid: US fund ready with war chest of 'billions'

Air India bid: US fund ready with war chest of 'billions'

Rediff.com   24 Dec 2020

For the AI bid, Interups has joined hands with a few employees of the airline, and plans to raise funds by splitting some of its infrastructure-related assets into an aviation InvIT, which will have underlying assets such as air routes, ground handling, repairs, and training etc.

Job Offers: 2nd Gen IITs score big

Job Offers: 2nd Gen IITs score big

Rediff.com   14 Dec 2020

Some of the second-generation IITs have seen more job offers from the start of the first phase of final placements to date than compared to the previous year.

Guess which IIT bagged the highest package?

Guess which IIT bagged the highest package?

Rediff.com   9 Dec 2020

IIT Roorkee has so far seen the highest domestic salary rise Rs 80 lakh, up by a third from Rs 60 lakh last year.

Sale of Reliance Capital's assets gets resounding response

Sale of Reliance Capital's assets gets resounding response

Rediff.com   3 Dec 2020

Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.

At 1.39 crore, is this IITs' highest job offer this year?

At 1.39 crore, is this IITs' highest job offer this year?

Rediff.com   3 Dec 2020

The likes of Microsoft and Cohesity have offered crore plus salaries to some students.

IIT placements: Will Microsoft offer Rs 1.2 crore salary this year too?

IIT placements: Will Microsoft offer Rs 1.2 crore salary this year too?

Rediff.com   2 Dec 2020

IITs anticipate COVID-19 restrictions to impact international offers being extended by global recruiters.

How states are preparing for Covid vaccine distribution

How states are preparing for Covid vaccine distribution

Rediff.com   2 Dec 2020

Each state has its own weak areas that need attention. Some states have already identified the gaps and sought the Centre's help. Vinay Umarji, Ishita Ayan Dutt, Samreen Ahmad and Sohini Das report.

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Rediff.com   1 Dec 2020

NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Rediff.com   17 Nov 2020

Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them.

Nearly 90% companies planning salary hikes in 2021

Nearly 90% companies planning salary hikes in 2021

Rediff.com   5 Nov 2020

Among the sectors, the survey has projected IT, pharma and life sciences, and ITeS among those looking to effect the highest increase in salaries.