Vinay Umarji &Amp;Amp; Abhijit Lele

Stories by Vinay Umarji &Amp;Amp; Abhijit Lele

Would you pay Rs 1 lakh for your child's study trip?

Would you pay Rs 1 lakh for your child's study trip?

Rediff.com   2 Jan 2017

Schools adopt international curriculum, that requires increased number of non-classroom experiences.

Foxconn eyeing Ahmedabad, Gurgaon to make iPhones

Foxconn eyeing Ahmedabad, Gurgaon to make iPhones

Rediff.com   2 Jan 2017

The Taiwanese maker is adopting a model of setting up smartphone assembly lines in multiple cities across India.

Thanks to the note ban, he's back!

Thanks to the note ban, he's back!

Rediff.com   27 Dec 2016

Demonetisation impact: Money lenders make a comeback.

Why banks are unable to deal with the cash crunch

Why banks are unable to deal with the cash crunch

Rediff.com   23 Dec 2016

Banks have reported that banknotes worth Rs 592,613 crore have been issued to the public.

'You never know what notification will come on Friday'

'You never know what notification will come on Friday'

Rediff.com   22 Dec 2016

'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'

Bank staff slogging it out on their own

Bank staff slogging it out on their own

Rediff.com   17 Dec 2016

There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.

IIT placements: Where did the jobs go?

IIT placements: Where did the jobs go?

Rediff.com   8 Dec 2016

The number of offers per recruiter has come down by anywhere between 10 and 20 per cent at different IITs.

Credit exposure limit set for banks

Credit exposure limit set for banks

Rediff.com   2 Dec 2016

New regime on loans to one party to kick in by Apr 2019.

Oracle makes highest offer of Rs 93 lakh at IIT-Guwahati

Oracle makes highest offer of Rs 93 lakh at IIT-Guwahati

Rediff.com   2 Dec 2016

Public sector firms presented interesting offers on Day Zero placements at the IITs.

Note ban comes as a deep cut for world's diamond polishing hub

Note ban comes as a deep cut for world's diamond polishing hub

Rediff.com   2 Dec 2016

In the third of a six-part series, Business Standard travels through diamond and textile units in Surat to assess the impact of demonetisation.

Good news! IISc among top 15 world universities

Good news! IISc among top 15 world universities

Rediff.com   1 Dec 2016

For the first time, an Indian university has made it to the top 15 of the Times Higher Education University Rankings.

Banks brace for coming pay rush as salary day approaches

Banks brace for coming pay rush as salary day approaches

Rediff.com   30 Nov 2016

Branch networks will give preference to pensioners and labourers for withdrawing money.

CRR effect: Even as public pours in cash, banks scramble to manage liquidity

CRR effect: Even as public pours in cash, banks scramble to manage liquidity

Rediff.com   29 Nov 2016

RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.

55% of SBI's cash deposits came from beyond cities

55% of SBI's cash deposits came from beyond cities

Rediff.com   28 Nov 2016

SBI got Rs 1.93 lakh cr in cash deposits from November 10-25.

20% dip in currency in circulation in week ended Nov 18

20% dip in currency in circulation in week ended Nov 18

Rediff.com   24 Nov 2016

According to the Reserve Bank of India, the currency in circulation reduced by Rs 360,700 crore to Rs 1,426,900 crore during the week under review.

SBI Boss: Banks will be back to 'normal' by November 30

SBI Boss: Banks will be back to 'normal' by November 30

Rediff.com   15 Nov 2016

'We have collected Rs 83,702 crore in deposits in five days.'

Lenders to gain as home loan size set to increase

Lenders to gain as home loan size set to increase

Rediff.com   10 Nov 2016

HFCs and banks expect a drop in demand for housing loans in the short-term.

Tata-Mistry battle leaves SBI worried

Tata-Mistry battle leaves SBI worried

Rediff.com   8 Nov 2016

As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.

Fewer jobs, flat salary blues for techies in campus hiring

Fewer jobs, flat salary blues for techies in campus hiring

Rediff.com   19 Oct 2016

'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'

Partnership with Jio a virtual merger: Anil Ambani

Partnership with Jio a virtual merger: Anil Ambani

Rediff.com   28 Sep 2016

Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this