Ramsurya Mamidenna

Mumbai-based Ramsurya writes on the big business houses and a host of sectors

Articles by Ramsurya Mamidenna

Pay disparity at banks: Is Rajan correct to stoke the debate?

Most public sector jobs are seen as a source of joy when you get it. But that enthusiasm gradually morphs into frustration and disappointment when counterparts who started careers simultaneously, are leagues ahead in salaries and responsibilities.

“Overpaid at the bottom and underpaid at the top”, rued Raghuram Rajan on salaries at state-run banks. Is it a correct assessment of the PSU compensation structure?(Hindustan Times)
“Overpaid at the bottom and underpaid at the top”, rued Raghuram Rajan on salaries at state-run banks. Is it a correct assessment of the PSU compensation structure?(Hindustan Times)
Updated on Aug 18, 2016 12:54 PM IST
Hindustan Times | By, Mumbai

Mistry sets up new model to spot future Tata leaders

HT Image
HT Image
Published on Aug 09, 2016 06:25 AM IST

Rajan likely to step down from RBI governor’s role with rates on hold

Raghuram Rajan will present his last monetary policy on August 9 as governor of the Reserve Bank of India (RBI). And as the curtains fall on his eventful three years in office – his term ends in September — the former IMF chief economist would leave on a high note as the government last week accepted a retail inflation target of 4%.

Reserve Bank of India (RBI) Governor Raghuram Rajan delivers a lecture at Tata Institute of Fundamental Research (TIFR) in Mumbai.(Reuters)
Reserve Bank of India (RBI) Governor Raghuram Rajan delivers a lecture at Tata Institute of Fundamental Research (TIFR) in Mumbai.(Reuters)
Updated on Aug 09, 2016 11:24 AM IST
Hindustan Times | By, Mumbai

Rajan likely to step down from RBI governor’s role with rates on hold

HT Image
HT Image
Published on Aug 08, 2016 07:24 AM IST

‘It is better to have 100 small IPOs from SMEs than four from startups’

HT Image
HT Image
Published on Aug 03, 2016 08:21 AM IST

For big investors, there’s no equity in real estate

HT Image
HT Image
Published on Jul 19, 2016 07:42 AM IST

Dish TV in talks to acquire Videocon DTH for $1 billion

HT Image
HT Image
Published on Jul 06, 2016 06:36 AM IST
ByNachiket Kelkar and Ramsurya Mamidenna

Lawsuits, Brexit to hit Tatas’ financials

HT Image
HT Image
Published on Jun 30, 2016 06:33 AM IST

Raghuram Rajan, the sheriff of Mint Road, walks into the sunset

Raghuram Rajan’s masterstroke three years ago brought in about $34 billion via the FCNR route, and helped India build a war chest to stem future shocks to the rupee. The country now has a record $363.5 billion in forex reserves, with the week through to June 3 adding the maximum: $3.3 billion.

RBI governor Raghuram Rajan says he will return to academia when his term ends in September.(REUTERS)
RBI governor Raghuram Rajan says he will return to academia when his term ends in September.(REUTERS)
Updated on Jun 20, 2016 11:21 AM IST
Hindustan Times | ByBeena Parmar and Ramsurya Mamidenna, Mumbai

Inflation warrior’s departure comes at a bad time: Industry

HT Image
HT Image
Published on Jun 20, 2016 05:57 AM IST
ByRamsurya Mamidenna and Beena Parmar

‘Earnings season will push up Sensex by 7%’

HT Image
HT Image
Published on Jun 16, 2016 08:20 AM IST

‘Guv only sets direction... Individuals come and go, but institution remains’

HT Image
HT Image
Published on Jun 08, 2016 11:49 AM IST
ByBeena Parmar, Ramsurya Mamidenna and Suveen Sinha

HT Interview| Individuals come and go, but institution remains: RBI guv Rajan

With the government going ahead with the idea of creating a bad bank, Reserve Bank governor Raghuram Rajan on Tuesday made his concerns clear on the ownership of such a vehicle to tide over the bad loan menace, saying the lenders should hold a minority stake in any stressed assets fund.

Reserve Bank of India (RBI) governor Raghuram Rajan attends a news conference after the bimonthly monetary policy review in Mumbai.(Reuters)
Reserve Bank of India (RBI) governor Raghuram Rajan attends a news conference after the bimonthly monetary policy review in Mumbai.(Reuters)
Updated on Jun 08, 2016 01:34 PM IST
Hindustan Times | ByBeena Parmar, Ramsurya Mamidenna and Suveen Sinha

Debu Bhattacharya resigns as Hindalco MD

HT Image
HT Image
Published on May 30, 2016 06:07 AM IST

Debu Bhattacharya steps down as Hindalco Industries MD

He will continue his association with the group as vice-chairman of Hindalco, a post created for the first time in the Mumbai-based conglomerate.

Aluminum competes with steel as a metal to be used in transport vehicles. It is the metal of choice in aircraft.
Aluminum competes with steel as a metal to be used in transport vehicles. It is the metal of choice in aircraft.
Updated on May 29, 2016 08:09 AM IST
Hindustan Times | By, Mumbai

Tatas relook at UK biz pension model

HT Image
HT Image
Published on May 27, 2016 07:25 AM IST

‘No job losses from SBI’s merger with associates’

SBI stirred the hornet’s nest when it announced late Tuesday that its board has discussed a proposal to merge 5 associate banks with itself. Fears of job cuts and an unwieldy wage and pension bill were thrown up as reasons the merger wont work. SBI managing director and group executive (associates and subsidiaries) V G Kannan played down the concerns, clearly stipulating that there will be no job losses.

As SBI proposes to merge 5 associate banks with itself, the senior management allays fears of job cuts.(HT Archive)
As SBI proposes to merge 5 associate banks with itself, the senior management allays fears of job cuts.(HT Archive)
Updated on May 19, 2016 05:02 PM IST
Hindustan Times | ByBeena Parmar and Ramsurya Mamidenna, Mumbai

BoB CEO to tackle huge net loss with long-term view

Bank of Baroda (BoB), India’s second-biggest bank by assets, which reported a huge net loss of Rs 3,230 crore in the January-March quarter, expects a turnaround in the current fiscal with higher recoveries and lower bad loans, backed by a no-soft-option approach scripted by CEO PS Jayakumar and the senior management. With a rise in provisions towards pension and other liabilities, and gross bad loans of Rs 40,500 crore in the fourth quarter, Jayakumar is looking to decentralise systems and compliances.

Bank of Baroda CEO says there will be excellent amount of consistency in the businesses here and overseas by March next year(PTI File)
Bank of Baroda CEO says there will be excellent amount of consistency in the businesses here and overseas by March next year(PTI File)
Updated on May 16, 2016 11:48 AM IST
Hindustan Times | ByBeena Parmar and Ramsurya Mamidenna, Mumbai

Delay in JSW-JSPL deal brings family charters under scanner

Sajjan-led JSW Energy wants to buy a power plant from Naveen’s JSPL so that the latter can pare its Rs 42,000-crore debt but experts say it is difficult to enforce all aspects of the agreement legally

JSW’s plant in Vijayanagar, Karnataka. Sajjan-led JSW Energy wants to buy a power plant from Naveen’s JSPL so that the latter can pare its Rs 42,000-crore debt.(Mint)
JSW’s plant in Vijayanagar, Karnataka. Sajjan-led JSW Energy wants to buy a power plant from Naveen’s JSPL so that the latter can pare its Rs 42,000-crore debt.(Mint)
Published on May 01, 2016 10:12 PM IST
Hindustan Times | By, Mumbai

TCS reports 64.4% growth in Q4 net profit, beats estimates

TCS, India’s largest software exporter on Monday said its fiscal fourth quarter net profit grew 64.4% year-on-year.

Logos of Tata Consultancy Services (TCS) are displayed at the venue of the annual general meeting of the software services provider in Mumbai.(Reuters File Photo)
Logos of Tata Consultancy Services (TCS) are displayed at the venue of the annual general meeting of the software services provider in Mumbai.(Reuters File Photo)
Updated on Apr 19, 2016 02:06 PM IST
Hindustan Times | By, Mumbai

With costs coming down, companies rushing to green energy

SunEdison is in talks to sell its Indian solar assets to Finland’s Fortum Group as liquidity problems globally crimp its balance sheets.

The Indian renewable energy space has suddenly become a hotspot for large companies and investors, who want to tap the country’s potential.(AFP Photo)
The Indian renewable energy space has suddenly become a hotspot for large companies and investors, who want to tap the country’s potential.(AFP Photo)
Updated on Apr 18, 2016 03:04 PM IST
Hindustan Times | By, Mumbai

US jury slaps $940 million fine on Tata in trade secret case

A US grand jury has slapped two companies of India’s Tata group - Tata Consultancy Services and Tata America International Corp - with a US $940 million fine in a trade secret lawsuit filed against them.

Tata Consultancy Services
Tata Consultancy Services
Updated on Apr 17, 2016 10:47 PM IST
ByYashwant Raj and Ramsurya Mamidenna, Washington/mumbai

Karvy to sell majority stake in NBFC

Stock broking and financial services group Karvy has initiated efforts to sell majority shareholding in its non-banking finance arm, Karvy Finance, to raise funds for reducing leverage and financing future plans.

Karvy NBFC chief Amit Saxena.
Karvy NBFC chief Amit Saxena.
Published on Apr 15, 2016 12:31 PM IST
Hindustan Times | By, Mumbai

NPA-stung steelmakers look to rope in strategic investors

After the tough stance adopted by banks towards steel companies with stressed loans, their promoters are offering to bring in strategic investors.

Promoters of steel companies with stressed loans are offering to bring in strategic investors.(HT File Photo)
Promoters of steel companies with stressed loans are offering to bring in strategic investors.(HT File Photo)
Updated on Mar 23, 2016 01:37 AM IST
Hindustan Times | By, Mumbai

Mallya mayhem: Bayer, Sanofi, UB, Mangalore Chem need board rejig

Since Mallya, along with United Breweries (Holdings) Ltd (UBHL) and associate companies, own equity shareholding in three listed firms — United Spirits Ltd (USL), United Breweries Ltd and Mangalore Chemicals and Fertilisers — the Sebi order could hit plans of these three companies, legal experts said.

Sebi’s decision could likely impact the future plans of at least three companies where industrialist Vijay Mallya and his group firms are shareholders.(AFP File Photo)
Sebi’s decision could likely impact the future plans of at least three companies where industrialist Vijay Mallya and his group firms are shareholders.(AFP File Photo)
Updated on Mar 14, 2016 01:53 AM IST
Hindustan Times | ByRamsurya Mamidenna and Kalyan Subramani, Mumbai/bengaluru

Will Vijay Mallya start a liquor business in the UK now?

Typically, non-compete agreements are signed when a person is leaving a business and undertakes to not enter a similar line of business for an agreed period. The agreement entails that Mallya will not get involved in liquor business in any country other than UK.

File photo of Vijay Mallya at the ‘Kingfisher Ultra Indian Derby 2016’ party in Mumbai. Industry speculates that he may start a liquor business in the UK.(AFP File Photo)
File photo of Vijay Mallya at the ‘Kingfisher Ultra Indian Derby 2016’ party in Mumbai. Industry speculates that he may start a liquor business in the UK.(AFP File Photo)
Updated on Mar 12, 2016 01:12 PM IST
Hindustan Times | By, Mumbai

Did lenders flout rules while pledging the KFA brand for loans?

The move to pledge the Kingfisher Airlines brand with IDBI Bank to raise around Rs 900 crore has raised questions since this is not a common method for lenders to extend loans, as intangible assets do not offer a clear estimate of future cash flows.

A file photo of a Kingfisher Airlines customers waiting at a check-in queue at Mumbai's domestic airport.(REUTERS)
A file photo of a Kingfisher Airlines customers waiting at a check-in queue at Mumbai's domestic airport.(REUTERS)
Updated on Mar 08, 2016 11:19 PM IST
Hindustan Times | ByBeena Parmar and Ramsurya Mamidenna, Mumbai

Jewellers get behind the govt in black money battle, to stop selling gold bars, but extend strike

Bullion is used on a large scale to park illegal income, and constitutes almost one-third of India’s annual gold imports

Gold bars have a significant part in India’s imports bill(AP)
Gold bars have a significant part in India’s imports bill(AP)
Published on Mar 08, 2016 11:37 AM IST
Hindustan Times | By, Mumbai

UltraTech to restructure Jaypee deal if mining laws not amended

The Aditya Birla Group will work with banks and Jaiprakash Associates (Jaypee) towards creating a separate corporate structure for the cement operations of Jaypee that it has agreed to acquire, if the amendment on a key mining legislation, stuck in Parliament, does not come through within three months.

Aditya Birla Group firm UltraTech Cement recently acquired 22.4-million-tonnes-per-annum cement capacity of Jaypee in an all-debt deal estimated at around Rs 16,500 crore.(Reuters)
Aditya Birla Group firm UltraTech Cement recently acquired 22.4-million-tonnes-per-annum cement capacity of Jaypee in an all-debt deal estimated at around Rs 16,500 crore.(Reuters)
Updated on Mar 07, 2016 01:18 AM IST
Hindustan Times | By, Mumbai

After the good news, the bad: Sebi lens on Mallya’s ‘sweetheart deal’

Sebi is also likely to take up the issue of exempting Mallya from being bound by a non-compete clause for the UK, while applying it in the rest of the world. USL is 54.7% controlled by Diageo.

Updated on Feb 26, 2016 11:30 PM IST
Hindustan Times | By, Mumbai
SHARE
  • 1
  • 2
  • 3
  • ...
Story Saved
×
Saved Articles
Following
My Reads
My Offers
Sign out
New Delhi 0C
Sunday, January 29, 2023
Start 15 Days Free Trial Subscribe Now
Register Free and get Exciting Deals