All stories by BS Reporter
April-May fiscal deficit exceeds 45% of FY15 estimate
Rediff.com1 Jul 2014In the run-up to the Union Budget, expected to be presented on July 10, this paints a grim picture for Finance Minister Arun Jaitley.
SpiceJet and IndiGo kick off discounts for winter
Rediff.com29 Jun 2014Budget carrier SpiceJet on Friday triggered off a price war in the aviation industry announcing one-way discounted fares starting Rs 1,999 for travel between September and December this year, prompting IndiGo to follow with a similar offer soon after.
Industry bodies close ranks on defence FDI
Rediff.com29 Jun 2014The dust over the controversy around foreign direct investment (FDI) in the defence sector appears to have settled.
India sees worst June rainfall in 10 years
Rediff.com28 Jun 2014Till Thursday, the country had received 41 per cent less June rainfall than normal - the scantiest in a decade and one of the rarest occasions when the shortfall in the month was more than 30 per cent - private weather forecaster Skymet said in its daily weather forecast on Friday.
'India is 15th in insurance premium volume'
Rediff.com26 Jun 2014Insurance falls from 14 position in 2013; insurance penetration falls to 3.9%.
'Tax incentives for non-life products will boost penetration'
Rediff.com26 Jun 2014The sector has sought a mandatory natural catastrophe cover to cover perils in calamity-prone areas.
IIFL invests in its asset firm
Rediff.com25 Jun 2014The investment is through the asset manager's holding company IIFL Wealth Management Limited.
PlanCom should be replaced by new think tank: Evaluation Office
Rediff.com24 Jun 2014Assessment note says panel acts as control commission, especially in fund allocations to states.
Iraq crisis: Airlines stare at 4% hike in fuel bills
Rediff.com22 Jun 2014With fewer passengers airlines bracing for a rise in operating costs due to a spike in crude prices
Indiabulls buys London asset for Rs 1,550 cr
Rediff.com20 Jun 2014The firm bought the 87,444-sq ft feet property -- 22, Hanover Square -- from Scottish Widows Investment Partnership (part of Aberdeen Asset Management), which had put the building up for sale in April through consultancy firm H2SO.
AI opens doors to restaurants at its Nariman Point building
Rediff.com18 Jun 2014The loss-making and debt-laden government carrier has earlier leased space in the 22-storey building to banks and offices but this will be first time that commercial eateries will be allowed in the premises.
Mahindra enters affordable housing with 2 projects
Rediff.com17 Jun 2014Through the newly created business vertical Happinest, MLDL will launch two such housing projects in Boisar near Mumbai and Avadi in Chennai.
Rupee could breach 60/$ mark again this week
Rediff.com16 Jun 2014According to currency dealers, any sharp movement in the rupee might result in the Reserve Bank of India intervening in the foreign exchange market.
Telecom panel game for full number portability
Rediff.com14 Jun 2014Seeks clarification on a few issues such as enhancement of entry fee and performance bank guarantee from telecom regulator
Sikka expected to tame attrition at Infosys
Rediff.com14 Jun 2014Infosys has tried to bring stability to the troubled company, which was struggling to maintain its growth momentum in the changing dynamics of technology industry.
Bain sues EY in US court for $60-mn loss in Lilliput
Rediff.com14 Jun 2014Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified
Budget session likely in second week of July
Rediff.com13 Jun 2014The Budget session of the 16th Lok Sabha will begin in the second week of July, revealed Parliamentary Affairs Minister Venkaiah Naidu on Thursday.
flydubai eyes stakes in India's budget airlines
Rediff.com10 Jun 2014The Indian government allowed foreign airlines to buy up to 49 per cent stakes in Indian carriers in September 2012.
Toyota rides on upgraded models to regain market share
Rediff.com10 Jun 2014The company aims to contribute a sizeable portion of the Indian passenger car market by 2025, by when it expects the market to touch 10 million units.
HC to hear Mumbai Metro fare case on Friday
Rediff.com10 Jun 2014The matter came up for hearing on Monday before a bench chaired by Justice R D Dhanuka.