All stories by T E Narasimhan
Subramanian Swamy asks for CBI enquiry into RBI's functioning
Rediff.com5 Dec 2020The BJP member also sought to put the LVB-DBS merger on hold in order to facilitate a forensic audit of the takeover of the assets of both banks.
How the Kerala-based CSB Bank made a dramatic turnaround
Rediff.com27 Nov 2020For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.
RBI rejects Muthoot Finance's plan to buy IDBI AMC
Rediff.com25 Nov 2020IDBI Bank had to sell its MF arm after being acquired by state-owned insurance behemoth Life Insurance Corporation since LIC already had an AMC.
How safe is Maruti's S-Presso mini SUV?
Rediff.com12 Nov 2020Hyundai got two stars for Grand i10 Nios and Kia got three stars for Seltos.
CV sales ride on economic revival, infra and rural demand
Rediff.com3 Nov 2020MHCV sales' grew by 9% to 5,033 units over September 2020 and 3% over October 2019, the first month registering growth over the previous year.
Jan to Sep VC investments down nearly 17% YoY to $6.5 billion
Rediff.com28 Oct 2020Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.
Despite anti-China sentiment, OnePlus to invest Rs 1,000 cr in India R&D
Rediff.com22 Oct 2020OnePlus has over 5,000 offline stores, including partnered stores, across the country, and plans to scale this up to 8,000 stores in the coming quarters.
Tractor sales cross the 100,000 mark in September; only third time in 3 yrs
Rediff.com14 Oct 2020This rise was spurred by record kharif sowing - after a good rabi season - that ensured high disposable incomes in rural India.
Valli Arunachalam issues legal notice to Murugappa family members
Rediff.com10 Oct 2020The development comes after the shareholders of Ambadi Investments, the holding company of the Rs 38,100-crore Murugappa Group, voted against the induction of 59-year-old Valli Arunachalam, the eldest daughter of former executive chairman M V Murugappan, into its board.
PE/VC investments in pharma cos cross $1 bn mark
Rediff.com6 Oct 2020Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.
After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani
Rediff.com2 Oct 2020While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.
US continues to be biggest source of VC investment in India
Rediff.com25 Sep 2020Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.
VC investments from China down by 66% in 2020
Rediff.com18 Sep 2020The drop was the result of the change in FDI rules, which was amplified by the border standoff between India and China.
Ready-made garment exports are on a road to revival
Rediff.com17 Sep 2020Recovery was largely driven by the European Union markets.
Investors are betting big on India's education sector
Rediff.com15 Sep 2020The pandemic has confined students across all ages to home and digital education is the only way to continue learning.
While Hero MotoCorp, TVS gain mkt share, Honda, Bajaj slip
Rediff.com11 Sep 2020As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.
This Navratna company to invest Rs 43,000 crore in power, mining projects
Rediff.com9 Sep 2020The company signed a JV agreement with Coal India to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027.
Tractor sales remain strong in August
Rediff.com2 Sep 2020Increase in kharif sowing area, good monsoon, rural cash flows and base effect among factors that have driven volumes.
After 5 years, Nissan, TN govt tax dispute finally ends
Rediff.com27 Aug 2020The dispute arose after Nissan alleged that Tamil Nadu hadn't paid certain incentives under a 2008 agreement to set up a car plant at Oragadam, near Chennai.
Is EV rollout sans batteries possible?
Rediff.com24 Aug 2020An EV has to be purchased along with the battery as there are hardly any battery swapping, rental, or leasing business models available across India.