Rediff.com : Business (63)

Mallya trial to hear evidence from political expert

The trial, which opened at the London court on December 4, is aimed at laying out a prima facie case of fraud against the 61-year-old embattled businessman, who has been based in the UK since March 2016.

Inflation accelerates to 15-month high of 4.88% in Nov

On overall basis, the inflation in the food segment increased to 4.42 per cent in November as compared to 1.9 per cent in the preceding month.

Setback for Adani; Queensland vetoes $900 mn loan proposal

The Adani group had applied for the Northern Australia Infrastructure Facility loan for building the 388-km rail line to connect the Carmichael coal mine to the sea port.

Sensex drops 228 pts on rising oil worries, inflation in focus

The broader Nifty settled below the key 10,300-level, down 82.10 points, or 0.80 per cent, at 10,240.15.

So who is the Skoda Kodiaq for?

Skoda's Kodiaq is the newest kid on the block and promises to give the aforesaid SUVs a run for their money. Will it? Indian automobile website MotorBeam.com finds out.

India's external debt down first time since 2001-02

India's sovereign debt is much lower than that of other emerging economies like Argentina, Indonesia, Mexico, the Philippines, and South Africa.

After a Rs 600-cr renovation, Oberoi Delhi to open from Jan 1

The hotel is equipped with new, clean air technology which promises its guests the cleanest air in the city on par with global standards.

Coming soon: This is what your train travel to Ahmedabad will look like

Very soon, travel on the Mumbai-Ahmedabad Shatabdi Express will be one smooth and comfortable ride.

In November, Modi's dream of achche din finally became true

More people felt optimistic about their economic condition in November than in the same month a year ago, says Mahesh Vyas.

UN expects India to grow 7.2% in 2018, 7.4% in 2019

At the same time, the UN said in a report, the performance of private investment remains a key macroeconomic concern.

In all things digital, India is 10 years behind China

Indian IT giants are outstanding companies with great management teams, but they have been held hostage by their past success.

'If Congress wins Gujarat, markets could tank 10%'

A'Market valuation is another concern.''India is trading at steep valuations and there have been a number of IPOs, especially in the insurance sector, that have had an impact on secondary market liquidity.'

Shopping 3.0 is here

Turbocharged with technology is becoming the Holy Grail of retail.

Why ad world was waiting for Virat-Anushka wedding

'Virat is the captain of the Indian side and Anushka is an A-list Bollywood actor. Something like this has not happened before.'

No big-bang measures expected in Budget 2018-19

Pensioners, India Inc may get tax breaks in Budget

Highway rides will soon become a lot smoother

Toll booths may be kept 50 km apart for seamless travel

Gujarat election: BJP may get a nasty surprise from rural belt

Just before the elections, the government waived interest on loans up to Rs 300,000 for farmers. But this may not really help small and marginal farmers in the state, who make up for two-thirds of the total and are still dependent on informal channels of credit.

Sensex rises 205 points at close, up for 3rd day

The 50-share NSE Nifty ended 56.60 points, or 0.55 per cent, higher at 10,322.25

Why retailers are angry with the government

While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.

How Kishore Biyani plans to woo more customers

Future Group aims to increase customer spends - average of Rs 20,000 over 10 visits at its stores in a year

To attract more FDIs, govt may tweak MRP labeling norms

India's MRP and Packaged Commodities Acts are dated and not in line with the modern world's digital price mechanisms and comparisons.

Railways speeds along on digital fast track

Around 30-50 million passengers in the reserved category have switched over to digital payments.

Ad spend: India would move up to 7th position by 2022

Ad spends to revive in 2018; India likely to add Rs 47,028 crore in the next five years

Infy severance pay: 'Sebi's decision matters, not emotions'

The whistle-blower may strongly feel about the issues he had raised.. the regulator will follow the due legal process and decide, Balakrishnan said.

Bansal pay issue: Kiran Mazumdar-Shaw appeals for a closure

The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.

Why the world's cheapest car failed to win India's heart

The distinction between "cheap" and "affordable" is a fine one, but no one understands this better than India's aspirational first-time car-owner, says Kanika Datta.

'Recovery could be a couple of quarters away'

'There are a lot of positive things these reforms are bringing about and it is only a matter of some quarters before the growth rate picks up momentum.'

Infy whistle-blower wants Sebi to act in Panaya, Bansal issues

The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.

Ad world waits for Virat-Anushka wedding

'Virat is the captain of the Indian side and Anushka is an A-list Bollywood actor. Something like this has not happened before.'

How CISF plans to cope with aviation boom

More flyers mean longer queues at airports and the CISF fears unless there is a massive ramp-up in hiring, Indian airports may turn chaotic and lead to unhappy passenger experience.

Maruti overtakes SBI, HDFC in race for m-cap

The country's biggest carmaker is now more valuable than the combined market cap of the three leading automobile companies in the country: Tata Motors , M & M and Ashok Leyland .

The man who will wield the GST compliance stick

BN Sharma walks into one of the most significant organisations created by the Union government in a long time, with powers over a huge segment of India Inc.

Deadline for PAN-Aadhaar linkage extended till March 31

This year, the government made quoting of Aadhaar mandatory for filing income tax returns as well as obtaining a new PAN.

Connaught Place ranked 2nd in prime office rental index

The index that tracked 20 key international markets in Asia, recorded 0.6 per cent increase in the September-ending quarter over Q2 2017.

Buoyant markets help promoters raise funds via stake sale

Institutional investors led by foreign portfolio investors have bought these shares.

331 suspected shell firms and forensic audit for only 12!

Experts said the outcome isn't surprising as the action initiated by Sebi was not after an investigation or findings.

Labour reforms take a hit; no change in hire-and-fire norms

Protests by central labour unions and widespread criticism from Opposition parties because of job losses on account of demonetisation and the GST have put the contentious labour reform proposals in the slow lane.

This is Moody's advice for Modi

'We forecast real GDP growth to moderate to 6.7 per cent in the year ending March 2018.'

Jamshedpur's new man of steel

'He was sought after because he delivered.'

All eyes on Jaitley's fifth Budget

The battle on creating jobs is virtually lost. If the battle for achieving higher growth too is lost, then its political consequences could become difficult to manage, says A K Bhattacharya.

'We will lose one month's revenue because of GST'

Chief Economic Advisor Arvind Subramanian spoke on a wide range of issues -- from GDP growth and fiscal consolidation to job creation and GST.

RBI holds 2017-18 GDP growth at 6.7%

In its Fifth Bi-monthly Monetary Policy Statement, 2017-18, RBI said the second quarter growth was lower than the one that was projected in the October review, and the recent increase in oil prices may have a negative impact on margins of firms and Gross Value Added growth.

'Public sector banks fear being hounded by the 3Cs'

'Public sector banks are like an extended arm of the government.'

'Distinguish between wilful and genuine defaulters'

'There are many cases where a company hits the wall because of reasons not under their control.'

24% jump in online hires in Nov, says Monster survey

City-wise data showed that there has been improvement in online recruitment activity. Kolkata recorded the most notable annual growth rate among all monitored cities, followed by Baroda .

Why RBI won't change rates even in February

The supply-side driven inflationary pressures, from food or fuel prices, would be mitigated by a neutral stance and a prolonged pause on rates, says Gaurav Kapur.

Pay Rs 78.8 lakh and drive home in a Range Rover Velar

The new model will be available in three engine options of 2-litre petrol, 2-litre diesel and 3-litre diesel

First Honda, now Toyota too mulls hiking vehicle prices

Due to the continued pressure of high costs, Toyota is considering a price increase of up to 3 per cent across models with effect from January.

A roller-coaster ride for the rupee this December

The dollar-rupee rate could move in the opposite direction if dollar policy rates rise and the FPIs sell in December, says Devangshu Datta.

Why this December is the best month to buy a car

From Alto to Audi, get car discounts of up to Rs 900,000