All stories by BS Reporter
Wilful defaulter tag for Kingfisher Airlines: FinMin takes stock
Rediff.com13 Aug 2014SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.
Indian firms must co-operate to empower India: Ratan Tata
Rediff.com13 Aug 2014Chairman Emeritus of the $100-billion Tata Sons, Ratan Tata, on Tuesday called for better co-operation and collaboration among sectors. He urged the government and industries to collaborate in a more proactive manner.
Jet to scrap low-cost service by year-end
Rediff.com12 Aug 2014Konnect to be phased out as airline struggles to contain losses.
Market watchdog clears decks for REIT launch
Rediff.com11 Aug 2014Key relaxations traced in final regulations.
RBI best judge on policy rate, says Jaitley
Rediff.com11 Aug 2014FM says government policies aim to contain inflation, spur growth.
Tata group to gain from change in Navi Mumbai airport rules
Rediff.com11 Aug 2014Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.
Reliance Power gets CERC rap, may lose tariff benefit
Rediff.com10 Aug 2014The Central Electricity Regulatory Commission (CERC) has said the first 660-Mw unit of Reliance Power's 3,960-Mw Sasan ultra mega power project (UMPP) could not achieve its "full load" in March 2013 and rejected the company's plea to appoint an independent technical committee to look into the readiness of that unit.
SpiceJet in trouble with huge losses
Rediff.com9 Aug 2014The airline reported a loss of over Rs 1,000 crore last fiscal which is five times higher than its 2013 loss.
India Inc's encouraging report card in the June quarter
Rediff.com9 Aug 2014India Inc has an impressive report card to show for the first quarter of this financial year.
Snapdeal, Amazon to partner Karnataka for SME marketplace
Rediff.com9 Aug 2014The Karnataka government is partnering with two leading e-retailing companies, Snapdeal and Amazon, to create a platform where the small and medium enterprises (SMEs) of the state can sell their products.
Lenders want to oversee Bhushan Steel operations
Rediff.com9 Aug 2014Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
Abrupt check-out: Bickson quits as Indian Hotels MD
Rediff.com8 Aug 2014The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.
No undue advantage given to Reliance Jio: DoT
Rediff.com6 Aug 2014DoT and the company have not done anything that breached the guidelines mentioned in the notice inviting applications for the auction of the BWA spectrum in 2010, it stated in a reply to CAG's draft audit report.
Reliance Jio to raise $1.5-bn debt abroad
Rediff.com6 Aug 2014Reliance joins a number of large companies, including the Essar and Adani groups, which are raising loans abroad as interest rates in India remain high.
Syndicate Bank case doesn't reflect entire PSB system: Rajan
Rediff.com6 Aug 2014Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday cautioned against extrapolating the issue of alleged graft charges in a public-sector bank to the entire public sector banking system.
CBI officers face probe for letting off Bhushan Steel MD
Rediff.com6 Aug 2014The officers did not arrest Neeraj Singhal despite CBI Director Ranjit Sinha's orders.
RBI's mantra: Save now to spend later
Rediff.com6 Aug 2014Borrowers who were hoping for lower interest rates on their home or car loans might be in for some disappointment.
Arvind Gupta named deputy NSA, days after Sandhu quit
Rediff.com5 Aug 2014The Narendra Modi government on Monday appointed Arvind Gupta, a former Indian Foreign Service officer, of the 1979 batch, as Deputy National Security Advisor. This appointment comes within days of Nehchal Sandhu quitting as deputy NSA, citing personal reasons.
Vijay Mallya gets bail from court for not remitting TDS of Rs 266 cr
Rediff.com1 Aug 2014The tax authorities have been piling pressure for a long time against Mallya and on Kingfisher Airlines to cough up the dues.
Ranbaxy provisions for settlement with US
Rediff.com30 Jul 2014The Gurgaon-headquartered drug maker, set to be acquired by another leading domestic company, Sun Pharmaceutical Industries, reported a consolidated net loss of Rs 186 crore for the quarter ended June.