All stories by BS Reporter
18 days, Rs 26-cr loss: That's AirAsia's India story!
Rediff.com26 Aug 2014The losses are primarily because the venture operated only for 18 days in June, with only two flights.
Govt might exempt duty on solar import
Rediff.com26 Aug 2014The three-month deadline for the finance ministry to take a decision on the recommendations of the commerce ministry has ended this week.
SC stays compensatory tariff for Adani, Tata
Rediff.com26 Aug 2014Higher power tariff would have fetched Tata's Mundra UMPP Rs 25,000 crore (Rs 250 billion) and Adani's project an additional Rs 18,500 crore (Rs 185 billion)
Competition panel slaps Rs 2,545 cr fine on top carmakers
Rediff.com26 Aug 2014The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 top carmakers of the country for violating trade norms in the spare-part andafter-sale service market.
RBI sees India Inc back in investment mode
Rediff.com22 Aug 2014The report said forward-looking surveys and economic indicators along with rising business confidence provided hope that the decline in private corporate investment 'could be arrested' in 2014-15 and fresh investments of over Rs 1.2 lakh crore (Rs 1.2 trillion) 'could be realised'.
Mallya's hold on United Breweries slips further
Rediff.com22 Aug 2014UB Group Chairman Vijay Mallya's grip on United Breweries slipped further on Thursday, after lenders to UB Group companies offloaded a part of the stake in Kingfisher beer that was pledged to them.
Fairness cream ads can't show dark skin as unattractive: ASCI
Rediff.com21 Aug 2014ASCI has released norms for fairness creams, saying these would go a long way in ensuring ads do not discriminate against people with dark skin.
SpiceJet beats Jet Airways to bag No 2 rank
Rediff.com21 Aug 2014IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last year.
Modi govt's fiscal may get a helping hand from cooling crude oil prices
Rediff.com20 Aug 2014Oil firms' borrowings could fall by up to Rs 15,000 cr, govt's subsidy bill by 12% .
ICICI Bank offers EMI option on debit card buys
Rediff.com20 Aug 2014ICICI Bank, the country's largest private sector lender, has introduced an equated monthly instalment (EMI) option for its customers on debit card purchases.
UK firm New Call Telecom to invest $100 mn in India
Rediff.com20 Aug 2014The company declined to disclose the names of the firms it was acquiring as the regulatory clearances and some negotiations are still in process.
Oppn parties slam govt's move on PlanCom
Rediff.com20 Aug 2014The Congress and Left parties attacked the government for not consulting chief ministers before taking such a decision.
Vodafone tax case: Two arbitrators to appoint a third
Rediff.com19 Aug 2014The two parties -- the Centre and Vodafone -- have sought a few more weeks to decide on the matter.
Lenders want forensic audit of Bhushan Steel
Rediff.com19 Aug 2014LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.
Pune company launches clean fuel from waste
Rediff.com18 Aug 2014Company will be engaged in the manufacturing, distribution, marketing and retailing of waste to bio-diesel, a non-petroleum based fuel.
FM hints at sops to increase savings
Rediff.com17 Aug 2014Says high inflation has to be reversed to achieve sustainable GDP expansion.
Adani buys Lanco's Udupi power plant for Rs 6,000 cr
Rediff.com14 Aug 2014Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Plans to roll out new car from Sanand plant: Tata Motors
Rediff.com14 Aug 2014Company says that this is a long-term plan as it continues to evaluate options.
Rajan explains why India needs bankruptcy code
Rediff.com14 Aug 2014According to him, since India has a low fiscal deficit, a low current account deficit and lower inflation, there is no need for being too dependent on foreign money for growth.
Nomura sets 12-month Sensex target at 30,310
Rediff.com14 Aug 2014Global brokerage Nomura has increased its one-year target of benchmark BSE Sensex to 30,310.