All stories by Ishita Ayan Dutt
Emami has built itself through acquisition, but...
Rediff.com8 Oct 2024Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.
Doctors Strike Opens Fissures In Bengal
Rediff.com24 Sep 2024'The Bengali middle class, who never fully embraced Mamata Banerjee's policies, are now expressing their deep-seated frustration by spilling out on to the streets.'
UK clears decks for 500 mn grant for Tata Steel's Port Talbot project
Rediff.com12 Sep 2024The Labour government in the UK has cleared the decks for a 500 million grant to Tata Steel, paving the way for decarbonisation of the company's British business and a sustainable financial future. In a statement, Tata Steel said that it has signed a 500 million Grant Funding Agreement (GFA) with the UK government, allowing it to "proceed at pace with the project to install a state-of-the-art electric arc furnace (EAF) at the Port Talbot steelworks in Wales". This is part of the 1.25 billion green steel project in Port Talbot, of which Tata Steel's investment is to the tune of 750 million.
After SC's ruling on mineral rights, CIL stares at 'hard hit' in Odisha
Rediff.com26 Aug 2024State-owned mining giant, Coal India, is hoping to recover around 75-80 per cent of its liabilities from customers with whom it has long-term fuel supply agreements (FSAs) after the Supreme Court (SC) allowed states to recover dues retrospectively. A legal recourse, however, is underway. "We are impacted in two states - Jharkhand and Odisha.
'SC ruling cause of concern for mining industry'
Rediff.com16 Aug 2024'The biggest impact will be on coal and hence on power cost. Then comes iron ore, coking coal, bauxite.'
Don't see change in UK strategy: Tata Steel chairman N Chandrasekaran
Rediff.com16 Jul 2024There has been no change in Tata Steel's strategy on operations in the United Kingdom (UK), company chairman N Chandrasekaran has told shareholders. The statement comes amid growing concern about the restructuring plan in the face of change in government in the UK. Tata Steel's plan for the UK entailed a 1.25 billion investment plan agreed upon by the Conservative party-led government in September last year.
Fair trade, focus on manufacturing, infra on steel firms' Budget wish list
Rediff.com10 Jul 2024India's leading steel companies hope the Modi 3.0 Budget will continue the massive capital expenditure currently underway, focusing on infrastructure development, manufacturing, and fair trade. The infrastructure segment is the largest steel user, and the government's focus has fuelled steel consumption even as international markets have underperformed. According to provisional statistics, steel consumption grew 13.6 per cent in FY24, reaching 136 million tonnes (mt), according to a CRISIL report.
Tata Hitachi reaps rich harvest, from field to factory
Rediff.com5 Jul 2024It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.
'For Tata Steel, It Will Be Better Than Last Year'
Rediff.com19 Jun 2024'When you look at reviving private sector capex, I don't think there's a better story than steel.'
'Demand will come back after the elections'
Rediff.com16 Jun 2024'The Budget will be positive, continuing on the path of growth taken so far.'
Did Lakshmir Bhandar Help Mamata Win?
Rediff.com6 Jun 2024The welfare schemes of the government, particularly Lakshmir Bhandar, have had a major impact on the electoral outcome.
Why MamataDi Won Bengal
Rediff.com5 Jun 2024'Women are likely to have voted because of the numerous welfare schemes. The CAA consolidated minority votes and the BJP's booth-level organisation in Bengal is weak.'
Suvendu's Career Hinges On Tamluk
Rediff.com25 May 2024'The life of his political career is dependent on success in this constituency.'
In Mahua vs Amrita Roy battle, don't forget the CPM
Rediff.com13 May 2024The curious onlookers that greet the candidates are, however, unaware about the importance of history. They are just there to catch a glimpse of 'Rani Ma' Amrita Roy or Mahua Moitra.
Bengal's tea industry seeks a new flavour
Rediff.com1 May 2024The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.
'I Don't Know What I Am Going To Do'
Rediff.com25 Apr 2024The political heat in West Bengal has been giving the rising mercury levels serious competition since the high court order.
'ITC aspires to double its business in five years'
Rediff.com21 Apr 2024'While every year presents new challenges, it also provides opportunities for better growth and performance.'
How Berger Paints plans to protect its market share
Rediff.com16 Apr 2024'Which is growing fast and where we are very strongly positioned.'
Rasna looks at overseas franchise arrangements for manufacturing abroad
Rediff.com14 Mar 2024Rasna, which became a household name in the 80s and 90s and is still ruling the pre-mix market, is now looking at overseas franchise arrangements for manufacturing abroad. As part of the arrangement, the franchisee would invest in the plant and machinery and it would also take care of day-to-day operations. Rasna would supply the pre-mix, technical know-how and some financial support.
Will BJP benefit from Trinamool leader's arrest for Sandeshkhali?
Rediff.com14 Mar 2024Whether the age-old cry of kendrer banchana will be able to drown out pangs of Sandeshkhali, the EVM will tell.