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Rediff

When R K Krishna Kumar Spoke To Rediff

R K Krishna Kumar, one of the stalwarts of the Tata group, passed away on Sunday, January 1, 2023, evening. A close lieutenant of then Tata Sons chairman Ratan Tata, he spoke to Rediff.com's Vaihayasi P Daniel in a rare interview. This…

Why did ED freeze Amway’s Rs 757 crore?

Amway maintains the action was related to a case in 2011 and it has been cooperating with the investigative agency. Photograph: Nicky Loh/Reuters The Enforcement Directorate last month attached assets worth over Rs 757 crore (Rs 7.57…

Global Economic Crisis: What India Can Do

The employment situation remains dire.Whatever can be done to promote greater low-skill employment should be pursued aggressively, advises former chief economic adviser Shankar Acharya.   Against the backdrop of sharply slowing economic…

Too Early To Cheer Up On Economy

So, while it is great that India's numbers look relatively good, don't raise a cheer just yet, points out T N Ninan. The Indian economy, however troubled, looks better than almost any other. Start with prices. Consumer price inflation in…

Tatas to offer ESOPs to Air India staff

In a bid to incentivise its staff and improve their performance, Air India may soon offer them employee stock options (ESOPs). The erstwhile national carrier, which was acquired by the salt-to-steel conglomerate Tata Group last year, will…

4 unique features of LIC IPO

Domestic capital market will see the launch of India’s largest-ever initial public offering (IPO) next week. Life Insurance Corporation of India’s (LIC’s) landmark Rs 21,000-crore IPO will open for subscription on Wednesday. Here’s a look…