Kuganandhan Paramanandan

Articles by Kuganandhan Paramanandan

Email : editor@ibtimes.co.in

Tea Exports to Russia a Losing Proposition

Russia, the world's largest importer of tea has come under pressure from the fall in ruble, leading to margins coming under severe pressure for Indian exporters.

Dec 11, 2014

Jet Airways Gains From SpiceJet's Problems, Shares Rise 80% in a Fortnight

Jet Airways sees shares jump 80% on the back of continued owes faced by SpiceJet and lower fuel bill.

Dec 11, 2014

India to Cut Stake in State-run Banks, Raise $26 bn

State-run banks would see government stake coming down to 52%; banks to use funds for capital infusion to meet newer international banking regulations ₹

Dec 11, 2014

SpiceJet Offers Tickets at 50% Discount to That of Rivals, Refunds 55,000 Cancellations

Budget airline SpiceJet offers to fly travelers at up to 50% discount to its peers's fares.

Dec 11, 2014

Finance Minister and RBI Governor Raghuram Rajan

RBI Governor Comes Under Pressure from MPs to Cut Rates

MPs cutting across political parties seek to increase pressure on Raghuram Rajan to cut rates to improve credit off-take and spur economic growth

Dec 11, 2014

Rising Demand will Push Indian Economy towards 5-6% Growth in 2015: Moody's

In a report titled 2015 Outlook-Global Credit Conditions, ratings agency Moody's says India is likely to expand 5-6% in 2015.

Dec 10, 2014

Sun Pharma Could Retire Brand Ranbaxy, Retain Sub-brands Like Volini And Revital

Post merger, Sun Pharma is expected to retire Ranbaxy, emerge as the world's fifth largest generic drug company.

Dec 10, 2014

Foxconn Swoops Down on Nokia's Chennai Plant; Likely to Make Micromax Phones

Foxconn and Lava said to be eyeing Nokia's Chennai plant and efforts are on to untangle the tax dispute holding the plant hostage.

Dec 10, 2014

Gold Trades Higher; International Rate Holds Above $1,200

Gold managed to trade above $1,200 per ounce in the face of continued strength by the US$ and oil price dropping below $66 per barrel. ₹

Dec 9, 2014

US Wrongly Penalised India on Steel Duties, WTO Says in Landmark Verdict

An appeals court of the WTO says US wrongly penalised India for subsidising Tata Steel's export of its manufactured products

Dec 9, 2014

Higher Gold Imports Widen CAD to $10.1 bn in Q2; Rupee to Remain Stable in 2015

India's CAD had widens due to rise in gold imports driven by falling gold imports and relexation in import norms. Lower oil import bill and higher capital inflows to provide comfort, keeping the rupee stable.

Dec 9, 2014

SpiceJet Cancels 1,800 Flights For December 2014; Viability Turns Foggy

SpiceJet sees no end to its cancellations, 1,800 flights cut for the month. Capital infusion refuses to emerge.

Dec 9, 2014

Gold sellers announced special discounts for Dhanteras 2014.

Gold Prices Fall for 3rd Straight Day On Poor Demand, Global Cues

Gold, silver prices continue to fall in India, reflecting global sentiments.

Dec 8, 2014

India to Grow Fastest in 'Dollar Nominal Growth' Globally in 2015, Says Credit Suisse

The Swiss bank says that indicators point to India emerging the fastest growing economy in USD nominal growth terms.

Dec 8, 2014

Uber Ride Gets Bumpier With Ban in New Delhi: Death of Ride Share Model in India?

Uber faces an existentialist crisis as government bans it in the capital after one its driver is found to be a serial sex offender

Dec 8, 2014

N.R. Narayana Murthy, Chairman Emeritus of Infosys

Infosys Plunges on Promoters' Share Sale News: Where is a Billion Dollar to be Invested?

Four promoters of Infosys to raise $1.1 billion. No word yet on where the funds are going to be reinvested.

Dec 8, 2014

Centre Clears Long Pending Defence Proposals, Indigenous Companies allowed Foreign Partners For Tech Transfer

Many proposals for local production and import of defence equipment see light of day after years of wait.

Dec 6, 2014

White Label ATM Operators can Serve International Customers, Says RBI

RBI allows white label ATMs to offer services to holders of international debit, credit and prepaid cards and these ATMs are free to choose any bank to partner with.

Dec 6, 2014

World Bank Team Visits India to Help Improve Country's 'Doing Business' Ranking

A team of experts from the World Bank Group are visiting India, to study and offer suggestions to help improve the business climate in the country and suggest macroeconomic reforms.

Dec 6, 2014

SBI To Raise $300 million Through Bond Issue: Coupon Set at 3.95%

SBI to issue $300mn worth bonds through its London branch; to list at SIX Swiss Exchange

Dec 6, 2014

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Articles by Kuganandhan Paramanandan

Tea Exports to Russia a Losing Proposition

Jet Airways Gains From SpiceJet's Problems, Shares Rise 80% in a Fortnight

India to Cut Stake in State-run Banks, Raise $26 bn

SpiceJet Offers Tickets at 50% Discount to That of Rivals, Refunds 55,000 Cancellations

RBI Governor Comes Under Pressure from MPs to Cut Rates

Rising Demand will Push Indian Economy towards 5-6% Growth in 2015: Moody's

Sun Pharma Could Retire Brand Ranbaxy, Retain Sub-brands Like Volini And Revital

Foxconn Swoops Down on Nokia's Chennai Plant; Likely to Make Micromax Phones

Gold Trades Higher; International Rate Holds Above $1,200

US Wrongly Penalised India on Steel Duties, WTO Says in Landmark Verdict

Higher Gold Imports Widen CAD to $10.1 bn in Q2; Rupee to Remain Stable in 2015

SpiceJet Cancels 1,800 Flights For December 2014; Viability Turns Foggy

Gold Prices Fall for 3rd Straight Day On Poor Demand, Global Cues

India to Grow Fastest in 'Dollar Nominal Growth' Globally in 2015, Says Credit Suisse

Uber Ride Gets Bumpier With Ban in New Delhi: Death of Ride Share Model in India?

Infosys Plunges on Promoters' Share Sale News: Where is a Billion Dollar to be Invested?

Centre Clears Long Pending Defence Proposals, Indigenous Companies allowed Foreign Partners For Tech Transfer

White Label ATM Operators can Serve International Customers, Says RBI

World Bank Team Visits India to Help Improve Country's 'Doing Business' Ranking

SBI To Raise $300 million Through Bond Issue: Coupon Set at 3.95%

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'