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rediff Business

India's largest news and entertainment service online.

Published: Wed, 26 Oct 2016 11:24:02 GMT

Copyright: Copyright: (C) 2011 India Limited. All Rights Reserved.

Govt curtailed work under MGNREGA through WhatsApp chats
Instructions from the Union rural development ministry to the state officials on the WhatsApp group show that the chat was also used as an off-record avenue for the Union government to pass instructions, which it could not have done through formal channels, keeping the law in mind.

How Centre's WhatsApp messages crashed MGNREGA
Centre's off-the-record instructions through WhatsApp and a squeeze on funds brought the rural work programme to collapse after a roaring first half of the year.

'Mistry arrested downfall in Tata companies'
'Wherever the businesses are not up to the size of the Tata group, Cyrus Mistry initiated actions to move out of those businesses.'

Disappointed, not discouraged by India's low rank: Sitharaman
In the World Bank's latest 'Doing Business' 2017 report, India's place remained unchanged from last year's original ranking of 130 among the 190 economies that were assessed on various parameters. But last year's ranking has been revised to 131 from which the country has improved its place by one spot.

Sony Xperia XZ is a standout phone
Despite being steady, the Sony Xperia XZ has room for improvement.

Equity support to Tata group firms slows
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years

Trusts withdrew Rs 4,000 crore prematurely from Tata Sons in May
Terms reveal that such premature redemption is allowable on dividend reset dates in case there is no agreement on the dividend rate

Cyrus Mistry: In 24 hours, from chairman to non-executive director
A non-executive director typically does not engage in the day-to-day management of the organisation

Cyrus Mistry's Vision 2025 scrapped
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail

Sensex drops 200 points, Nifty below 8,650; Axis Bank falls 7%
Axis Bank posted a sharp 83% fall in net profit to Rs 319 crore in the September 2016

Consolidation and clearing telecom mess are top jobs for Tata
Among the businesses that need consolidation are retail and defence

Tatas might find it tough to get an outsider
Tatas' best bet would be to find an insider who understands the systems, say headhunters

What is the best legal bet for Cyrus Mistry?
Other legal options include approaching the NCLT alleging mismanagement and oppression of minority shareholder

Experts urge caution on Tata group stocks
Tata Steel and Tata Chemicals under investor watch

Was Cyrus Mistry a victim of back-seat driving?
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster