Press

Nirmala Ganapathy 
India Bureau Chief In New Delhi
The Straits Times
May 24, 2016

As Prime Minister Narendra Modi marks his second year in office today, India's economy is in a sweet spot , his personal approval ratings remain high and a recent win in Assam state elections has re-invigorated his ruling Bharatiya Janata Party (BJP). Yet analysts say that while there have been hits by Mr Modi and his government, there are also some misses. [More...]

Nirmala Ganapathy
The Straits Times
July 16, 2015

India has the potential to be the "world's human resources capital", Prime Minister Narendra Modi said yesterday as he launched a campaign to provide skills training for millions of job seekers.

While ambitious, Mr Modi's drive to educate young Indians faces major challenges, not least the vast numbers of people who need to learn new skills to propel Asia's third-largest economy forward as it competes with China. [More...]

Nirmala Ganapathy
The Straits Times
Nov 20, 2014

Oil giant Shell has won a multimillion-dollar court battle against India’s tax authorities, a victory that analysts see as a positive signal to wary foreign investors whom the Modi government is trying hard to attract.

The Mumbai High Court ruled on Tuesday in favour of Shell’s India unit, over a dispute in which the Indian tax authorities accused the Shell subsidiary of under- pricing shares it had issued to its parent company by about US$2.5 billion in February last year. [More...]

Nirmala Ganapathy
The Straits Times
Oct 04, 2014

The conviction of former state chief J. Jayalalithaa has triggered political uncertainty amid concerns that it could affect business in her southern state of Tamil Nadu, which has consistently remained one of India’s fastest growing states.

The former actress turned politician was jailed last Saturday, after a conviction in an 18-year-old graft case for possessing 660.5 million rupees (US$10.73 million) in wealth that was unaccounted for.

The conviction not only resulted in Jayalalithaa, chief of the All India Anna Dravida Munnetra Kazhagam (AIADMK) party, being sentenced to four years’ jail, but also meant she faces a 10-year ban on contesting elections, unless she gets a stay on the conviction or wins an appeal. [More...]

Nirmala Ganapathy
The Straits Times
May 13, 2013

More than once daily, a convoy of cars can be seen snaking through Mumbai's heavy traffic, muscling other vehicles out of the way. And no, it is not because an important political dignitary is in town. [More...]

NDTV
Nov. 26, 2012

In this episode of We Mean Business, experts Nalin Kohli, national executive member, BJP; Rajan Mathews, director general, COAI; Paranjoy Guha Thakurta, senior journalist and 2G petitioner; R.P. Singh, former director general of audit, post and telecommunications, and Rishi Sahai, director, Cogence Advisors, discuss whether or not the now infamous Rs. 1.76 lakh crore loss should have figured in CAG's 2G report. [More...]

NDTV
Nov 16, 2012

After the lacklustre 2G spectrum auction, experts Ashok Sud, secretary general of AUSPI, Ashok Kumar Jha, former finance secretary, Kunal Bajaj, telecom expert, Rishi Sahai, director of Cogence Advisors, and Mritunjay Kapur, country managing director of Protiviti Consulting Private Limited, discuss the future of India's telecom sector.  [More...]

Stephanie Nolen
Delhi — The Globe and Mail
Sep 10, 2012

India’s Supreme Court today canceled 122 cellphone licenses awarded to companies during an allegedly crooked 2008 sale at the center of one of the biggest scandals in the country’s history. The decision rattled industry and investors, and comes as a major blow to a government already embattled by corruption allegations. [More...]

Sumeet Chatterjee
Reuters
Aug 7, 2012

The New York banking regulator's accusation that Standard Chartered Plc hid $250 billion in transactions tied to Iran may bring fresh scrutiny on the outsourcing of sensitive functions by global financial institutions, especially to India. [More...]

NDTV
Jul 20, 2012

In this segment of the latest episode of We Mean Business, experts S.C. Khanna, secretary -general, AUSPI; Kunal Bajaj, telecom expert; Mohammad Chowdhury, leader-telecom, PWC India, and Rishi Sahai, director, Cogence Advisors, discuss the lower reserve price recommended by the reconstituted panel of ministers on telecom. [More...]

United Arab Emirates
Feb 15, 2012

Bharti Airtel’s $10.7 billion bid for the Africa assets of Kuwait’s Zain gives India’s largest telecom company a new chance to realize its dream of becoming an intercontinental emerging market phone giant as business grows tougher at home. [More...]

 Naveen Jindal's mother, Savitri, keeps telling him to be serious and pay more attention to his work. He heads Jindal Steel and Power Limited, part of the business group founded by her husband Om Prakash, who died in a helicopter crash seven years ago. [More...]

By Devidutta Tripathy
Reuters
Feb 2, 2012

India's Supreme Court ordered on Thursday telecoms licenses issued under a scandal-tainted 2008 sale be revoked, striking a decisive blow against corruption that plagues the country and roiling the world's second biggest cellular market. [More...]

THE NEW YORK TIMES    
February 2, 2012

India’s Supreme Court on Thursday revoked the 122 telecom licenses issued by former telecom minister Andimuthu Raja in 2008. As Vikas Bajaj writes in The New York Times:  [More...]

Shilpa Kannan
BBC News, Delhi
30 November 2011

From a company once restricted to Indian shores, nearly two-thirds of its revenues now come from abroad.  [More...]

Shilpa Kannan
BBC News, Delhi
30 November 2011

From a company once restricted to Indian shores, nearly two-thirds of its revenues now come from abroad.  [More...]

NDTV
Jul. 26, 2011

Rishi Sahai, director at Cogence Advisors says the Bharti's competitors are likely to hold back call rate hikes. Bharti Airtel has good quality of high tariff paying customers and will lead the sector on pricing front. Kunal Bajaj, partner and director India at Analysys Mason says Vodafone is likely to raise call rates. [More...]