Vinay Umarji &Amp;Amp; Abhijit Lele

Stories by Vinay Umarji &Amp;Amp; Abhijit Lele

Bombay Dyeing stitching together a new story

Bombay Dyeing stitching together a new story

Rediff.com   9 Aug 2018

Bombay Dyeing is betting on creating a range of unique, customised textile products, a route that is largely unexplored by the home textiles players although several industry reports and consumer behavior studies have talked about the potential for personalisation.

What the 'eminence' tag means for Indian institutes

What the 'eminence' tag means for Indian institutes

Rediff.com   11 Jul 2018

Greater autonomy, freedom to recruit faculty and government funding are just some of the perks these institutes will enjoy.

GST @ 1: Going gets rough for Surat's diamond, textile traders

GST @ 1: Going gets rough for Surat's diamond, textile traders

Rediff.com   2 Jul 2018

The impact of GST is particularly stark in the highly fragmented synthetic textile industry, which attracts different GST rates at different stages of production and sale

How IDBI Bank stands to gain from the LIC deal

How IDBI Bank stands to gain from the LIC deal

Rediff.com   2 Jul 2018

Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show

After Rs 65bn loss, SBI mulls strategic advisor

After Rs 65bn loss, SBI mulls strategic advisor

Rediff.com   26 Jun 2018

According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Rediff.com   23 Jun 2018

The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.

Campus placements: IIMs to go the IIT-B way

Campus placements: IIMs to go the IIT-B way

Rediff.com   20 Jun 2018

IIM-A, other top B-schools moot IIT-like joint placement committee

22 names recommended for ED posts at banks

22 names recommended for ED posts at banks

Rediff.com   18 Jun 2018

These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19

Pink bollworm likely to hit cotton sowing in Gujarat

Pink bollworm likely to hit cotton sowing in Gujarat

Rediff.com   16 Jun 2018

According to state government sources in Gujarat, cotton sowing was only 9,339 hectares or 0.37% of the normal three-year average sowing in the first week of this month

India's CAD triples to 1.9% in Q4 year-on-year, pegged at 1.6% in FY18

India's CAD triples to 1.9% in Q4 year-on-year, pegged at 1.6% in FY18

Rediff.com   14 Jun 2018

It was primarily due to a higher trade deficit ($41.6 billion) brought about by a larger increase in merchandise import.

How IIT-B made it to the world's best universities

How IIT-B made it to the world's best universities

Rediff.com   11 Jun 2018

Among the six parameters, employer reputation was the strongest for IIT-B, with a rank of 93 globally.

'Bad banks' make a comeback

'Bad banks' make a comeback

Rediff.com   9 Jun 2018

The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.

The only Indian university in THE world rankings this year

The only Indian university in THE world rankings this year

Rediff.com   1 Jun 2018

The only Indian university in THE world rankings this year.

37 banks and a whopping Rs 1.3 trillion jump in gross NPAs!

37 banks and a whopping Rs 1.3 trillion jump in gross NPAs!

Rediff.com   30 May 2018

The RBI has been critical of banks for using restructuring schemes to hide the stress.

How ArcelorMittal became an eligible bidder for Essar Steel

How ArcelorMittal became an eligible bidder for Essar Steel

Rediff.com   16 May 2018

Sources close to the development said a significant amount of around Rs 7,000 crore had been put into the SBI account with a proposal on escrow of the deposited funds.

11 more PSBs may face the same fate as Dena Bank

11 more PSBs may face the same fate as Dena Bank

Rediff.com   14 May 2018

RBI may be inclined to impose severe restrictions on lending in the coming quarters.

RBI unlikely to heed banks' plea to amend NPA norms

RBI unlikely to heed banks' plea to amend NPA norms

Rediff.com   14 Apr 2018

RBI deputy governor N S Vishwanathan has said the new framework was in line with the Insolvency and Bankruptcy Code guidelines.

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.

Allegations against ICICI bank may dent investor confidence

Allegations against ICICI bank may dent investor confidence

Rediff.com   11 Apr 2018

ICICI's board has denied any wrongdoing, highlighting that the loan was underwritten in accordance with the bank's credit standards and was extended as part of a consortium involving over 20 banks.

Canara Bank to shut three overseas branches

Canara Bank to shut three overseas branches

Rediff.com   9 Apr 2018

And will sell its 50 per cent stake to State Bank of India in Russia as part of rationalisation of overseas branch network.