Vinay Umarji &Amp; Dev Chatterjee

Stories by Vinay Umarji &Amp; Dev Chatterjee

The UK businessman saving Indian companies from insolvency

The UK businessman saving Indian companies from insolvency

Rediff.com   12 May 2018

Sanjeev Gupta of Liberty House, a global supplier of metals and engineering solutions, who has emerged front-runner for a number of stressed companies, plans to fund a string of companies through a mix of equity and debt.

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Rediff.com   9 May 2018

Siva group defaulted on payment in 2016 and is also facing CBI investigation

Deepak Kochhar's NuPower in fresh controversy

Deepak Kochhar's NuPower in fresh controversy

Rediff.com   27 Apr 2018

Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Rediff.com   19 Apr 2018

Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group

Rajiv Kochhar's Avista Advisory earned Rs 300 crore in the last four years

Rajiv Kochhar's Avista Advisory earned Rs 300 crore in the last four years

Rediff.com   18 Apr 2018

Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut

Highest salary offered to IIM-Amritsar graduate is Rs 54 lakh

Highest salary offered to IIM-Amritsar graduate is Rs 54 lakh

Rediff.com   12 Apr 2018

Seven students were made international offers.

Deepak Kochhar, the man in the muddle

Deepak Kochhar, the man in the muddle

Rediff.com   10 Apr 2018

How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.

2 Kochhar firms had combined loss of Rs 162.25m in FY17

2 Kochhar firms had combined loss of Rs 162.25m in FY17

Rediff.com   7 Apr 2018

This was the companies' highest loss in two years.

Videocon paid ICICI Bank dues worth Rs 1000 cr till Dec last year

Videocon paid ICICI Bank dues worth Rs 1000 cr till Dec last year

Rediff.com   6 Apr 2018

NuPower will return loan with interest to consumer durables major by 2021

Is US no longer a top study destination for Indians?

Is US no longer a top study destination for Indians?

Rediff.com   5 Apr 2018

Flow of Indian students to US for academic year 2018-19 dipped by 30 per cent.

Dreams come true: IIT-Kharagpur alumni fund scholarships

Dreams come true: IIT-Kharagpur alumni fund scholarships

Rediff.com   2 Apr 2018

14 students at IIT Kharagpur have been awarded scholarships.

Placements: Why engineering grads at NITIE are happy

Placements: Why engineering grads at NITIE are happy

Rediff.com   23 Mar 2018

The highest salary rose by 14.22 per cent from last year.

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Rediff.com   19 Mar 2018

Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.

'The nature of jobs is changing'

'The nature of jobs is changing'

Rediff.com   7 Mar 2018

'We want to connect unique skills that students have with the unique jobs being created.'

PNB scam: Bank ignored auditors' warning

PNB scam: Bank ignored auditors' warning

Rediff.com   28 Feb 2018

The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.

NiMo-Choksi scam: 11,000 people jobless

NiMo-Choksi scam: 11,000 people jobless

Rediff.com   28 Feb 2018

Gitanjali Gems and Firestar Diamonds together account for 5.8 per cent of the diamond and jewellery trade in India.

Bidders for stressed assets seek level playing field

Bidders for stressed assets seek level playing field

Rediff.com   16 Feb 2018

The code says the process is intended to balance the interests of all stakeholders and the resolution plan is also required to make a statement as to how it has dealt with these interests.

Non IITians can also get an IIT degree

Non IITians can also get an IIT degree

Rediff.com   30 Jan 2018

Among these, IIT Madras and IIT Gandhinagar run structured programmes where applications are invited from candidates outside campus.Vinay Umarji reports

Phew! IT companies return to hire at B-schools

Phew! IT companies return to hire at B-schools

Rediff.com   29 Jan 2018

After last year's lull, number of offers jump by 15%.

How CAT became a student-friendly test

How CAT became a student-friendly test

Rediff.com   12 Jan 2018

The new changes in the Common Admission Test has encouraged aspirants from non-technical backgrounds to crack the exam.