Arun Kumar is Senior Assistant Editor with Hindustan Times. He has spent two-and-half decades covering Bihar, including politics, educational and social issues.
Articles by Arun Kumar
It?s Monday meltdown again
TAKING THE cue from weak global markets combined with the changing political scenario after the assembly elections, the domestic markets plunged on Monday, seeing a long-overdue correction.
Published on May 16, 2006 02:42 PM IST
None | Arun Kumar, New Delhi
It?s Monday meltdown again
TAKING THE cue from weak global markets combined with the changing political scenario after the assembly elections, the domestic markets plunged on Monday, seeing a long-overdue correction.The Sensex fell by 462.91 points to settle at 11,822.20 points. It saw its biggest intra-day fall since the May 17, 2004 Black Monday crash (the index had fallen by 565 points). The biggest-ever fall on the Sensex (570 points) had taken place on April 28, 1992 -- also a Monday.
Published on May 16, 2006 12:49 AM IST
None | Arun Kumar, New Delhi
A peek into wealth of India's richest
India?s billionaires are getting richer. So who are the richest of them? ask Sandeep Bamzai & Arun Kumar.
Updated on May 14, 2006 02:56 AM IST
None | Sandeep Bamzai and Arun Kumar, New Delhi
Top ten The richest Indians
Thanks to the high-profile IPO boom, India?s billionaires are getting much richer. So who are the richest of them all? HT pored over some annual reports and stock market data to get down to the bottomline. LN Mittal, according to the latest London Sunday Times rich list, has an estimated wealth of #14.8 billion (Rs 123,565 crore), making him numero uno. Kushal Pal Singh, owner of DLF Universal, which going into IPO mode, may emerge number two by the time his listing is completed.
Published on May 14, 2006 01:22 AM IST
None | SANDEEP Bamzai and ARUN Kumar, New Delhi
Nirula?s looking at IPO option
One of Delhi's most famous fast food chain - Nirula's - is readying a major revamp to stay in sync with the times.
Published on May 11, 2006 01:47 AM IST
None | Arun Kumar, New Delhi
At the bottom of Escorts Heart
If you thought the sibling joust between Rajan and Anil Nanda was over, think again.
Published on May 10, 2006 01:48 AM IST
None | Arun Kumar, New Delhi
What if 2006 gets less rain?
For India to achieve 10 per cent annual GDP growth, the booster dose has to come from agriculture, one of the three components of the GDP basket along with services and manufacturing.
Published on Apr 29, 2006 06:37 PM IST
None | Arun Kumar and M. Rajendran, New Delhi
Home loan to cost more from next week
BE PREPARED to pay more on your home loan. You will know how much more by Monday or Tuesday. The top three banks offering such loans -- ICICI, HDFC and SBI -- have informally agreed to increase the rate early next week. Sources in these banks said the interest rate would be hiked between 50 and 75 basis points.
Published on Apr 29, 2006 03:30 PM IST
None | Arun Kumar, New Delhi
Home loans to cost more
The top three banks offering such loans -- ICICI, HDFC and SBI -- have informally agreed to increase the rate early next week.
Published on Apr 29, 2006 02:56 AM IST
None | Arun Kumar, New Delhi
Home loans to cost more from next week
BE PREPARED to pay more on your home loan. You will know how much more by Monday or Tuesday.The top three banks offering such loans -- ICICI, HDFC and SBI -- have informally agreed to increase the rate early next week. Sources in these banks said the interest rate would be hiked between 50 and 75 basis points. This means, the home loan interest rate will be around 8.75 per cent or 9 per cent.
Published on Apr 29, 2006 01:38 AM IST
None | Arun Kumar, New Delhi
IPO puts shine on Sun TV
THERE IS a new billionaire in town: the reclusive Kalanithi Maran, CMD and promoter of Sun TV, south India's media and entertainment major. Sun TV, which made a big-bang debut on the Indian bourses on Monday, has a market cap of Rs 10,090 crore as against leader Zee Telefilms' Rs 10,212 crore.
Published on Apr 25, 2006 01:17 PM IST
None | Arun Kumar, New Delhi
what if 2006 gets less rain?
FOR INDIA to achieve 10 per cent annual GDP growth, the booster dose has to come from agriculture, one of the three components of the GDP basket along with services and manufacturing. A shortfall in monsoon this year, predicted by the Indian Meteorological Department on Monday, could derail this dream.
Published on Apr 25, 2006 01:17 PM IST
None | ARUN Kumar and M. Rajendran, New Delhi
What if 2006 gets less rain?
Indian agriculture was less vulnerable then it used to be but warned that the shortfall in monsoon of 7% should not increase further.
Updated on Apr 25, 2006 03:13 AM IST
None | Arun Kumar and M Rajendran, New Delhi
what if 2006 gets less rain?
FOR INDIA to achieve 10 per cent annual GDP growth, the booster dose has to come from agriculture, one of the three components of the GDP basket along with services and manufacturing. A shortfall in monsoon this year, predicted by the Indian Meteorological Department on Monday, could derail this dream. B. Lal, director-general, Indian Meteorological Department, said, "At 93 percent, (the forecast) is just below normal. We expects rains at 93 per cent of the long-term average, with a 22 per cent probability of rains being deficient.
Published on Apr 25, 2006 01:35 AM IST
None | ARUN Kumar and M. Rajendran, New Delhi
?We are adding three more verticals?
Speaking to Arun Kumar, Rajiv Singh vice-chairman DLF said that the co is passing through the cooling period because of the IPO.
Published on Apr 13, 2006 11:50 AM IST
None | Arun Kumar, Mumbai
Aviation to put more on sale
Under the new civil aviation policy, the Government will privatise small and unviable airports through subsidy, reports Arun Kumar.
Updated on Apr 11, 2006 03:45 PM IST
None | Arun Kumar, New Delhi
Jet-Sahara deal will have to wait as govt clears some issues
THE CIVIL Aviation Ministry will prepare detailed guidelines on the issue of the transfer of infrastructure in case of mergers and acquisitions in the domestic aviation sector. As a first step it will seek public opinion from all stakeholders and concerned parties.
Published on Mar 31, 2006 01:39 AM IST
None | Arun Kumar, New Delhi
Jet-Sahara deal will have to wait
Govt will soon put up draft guidelines on Net for public debate on takeovers.
Updated on Mar 31, 2006 05:04 AM IST
None | Arun Kumar, New Delhi
Merger of A-I, IA on fast lane
IT'S NOW official. Air-India and Indian will merge to create a behemoth national carrier. Civil Aviation Minister Praful Patel, along with chairman of Air-India V. Thulasidas and his counterpart in Indian (Airlines) V. Trivedi, made a detailed presentation to Prime Minister Manmohan Singh on Wednesday on the merger of the two airlines.
Published on Mar 23, 2006 01:17 PM IST
None | ARUN Kumar and SANDEEP Bamzai, New Delhi
A-I, IA merger is a signature away now
IT'S NOW official. Air-India and Indian will merge to create a behemoth national carrier. Civil Aviation Minister Praful Patel, along with chairman of Air-India V. Thulasidas and his counterpart in Indian (Airlines) V. Trivedi, made a detailed presentation to Prime Minister Manmohan Singh on Wednesday on the merger of the two airlines.
Published on Mar 23, 2006 01:40 AM IST
None | ARUN Kumar and SANDEEP Bamzai, New Delhi
A-I, IA merger a signature away
It's official. A-I and Indian will merge to create a behemoth carrier.
Updated on Mar 23, 2006 10:18 AM IST
None | Arun Kumar and Sandeep Bamzai, New Delhi
Jet-Sahara mega deal hits turbulence
THE RS 2,300-CRORE deal between Jet Airways and Sahara Airlines may not take off. The validity of the escrow agreement signed on January 19 between the two airlines expires on March 24. Of the two government approvals necessary for the deal, only one -- from the Department of Company Affairs -- has come in. The DGCA's clearance is still awaited.
Published on Mar 21, 2006 01:09 PM IST
None | Arun Kumar, New Delhi
Jet-Sahara mega deal hits turbulence
THE RS 2,300-CRORE deal between Jet Airways and Sahara Airlines may not take off. The validity of the escrow agreement signed on January 19 between the two airlines expires on March 24. Of the two government approvals necessary for the deal, only one -- from the Department of Company Affairs -- has come in. The DGCA's clearance is still awaited. "Yes, the critical DGCA clearance is awaited," Saroj Dutta, executive director, Jet Airways, told HT.
Published on Mar 21, 2006 01:41 AM IST
None | Arun Kumar, New Delhi
Jet-Sahara mega deal hits turbulence
Only three days are left for obtaining critical clearance, which may or may not come, writes Arun Kumar.
Updated on Mar 21, 2006 02:35 AM IST
None | Arun Kumar, New Delhi
Bidders told to improve IDPs
The Airports Authority of India (AAI) has asked both the bidders to upgrade their initial development plans (IDPs) as their existing proposal would not help in creating the world class infrastructure.
Published on Mar 20, 2006 01:52 AM IST
None | Arun Kumar, New Delhi
'India needs to strengthen manufacturing sector'
We have invested between $300 to $400 million in India by way of profit plough-back and incremental investments. Going forwards, I strongly feel that this number will go up substantially as and when opportunities arise, says Ajay Banga.
Published on Mar 18, 2006 07:06 PM IST
None | Arun Kumar
?Manufacturing is the key?
The continuity in the Indian economic policy despite changes in the government has increased the global confidence index towards India, he said.
Updated on Mar 17, 2006 11:02 PM IST
None | Arun Kumar
?Manufacturing is the key?
The economic growth is the way of life in India, feels Ajay CEO of Citigroup?s Global Consumer Group.
Published on Mar 13, 2006 11:53 AM IST
None | Arun Kumar, New Delhi
Budget bonanza for core sector?
Finance Minister Chidambaram is expected to give a major boost to the infrastructure sector, which requires large dollops of investment.
Updated on Feb 21, 2006 04:14 PM IST
None | Arun Kumar (Hindustan Times), New Delhi
GMR Group seeks time for IDP
In a significant development, GMR Group has sought some time from the Airports Authority of India (AAI) to discuss the initial development plan (IDP) for Delhi Airport.
Updated on Feb 20, 2006 02:36 AM IST
None | Arun Kumar, New Delhi
