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
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
No colour investment: Nath
As India plugs into the global economic order, the colour and nationality of investments is no longer an issue.
Published on Feb 18, 2006 01:46 AM IST
None | Sandeep Bamzai & Arun Kumar, New Delhi
Firms shift from LIC to others
LIC gives 7% rate of return; corporates have to fork out that much extra to meet gratuity liability
Published on Feb 15, 2006 01:57 AM IST
None | Arun Kumar, New Delhi
Is LPG to cost Rs 75 more?
A DIFFERENCE of opinion has cropped up between Petroleum Minister Murli Deora and C. Rangarajan over the way forward for pricing petroleum products, especially that of LPG.
Published on Feb 15, 2006 01:34 AM IST
None | Arun Kumar, New Delhi
This bull run ends in CBI cell
INTERNATIONAL SCAMSTER and absconder Dinesh Dalmia has finally been snared. A poster boy of the 2001 Ketan Parekh stock-market scam, the DSQ Software and DSQ Biotech promoter is a serial offender who created pump-and-dump schemes on three continents -- Asia, North America and Europe.
Published on Feb 14, 2006 04:50 PM IST
None | Arun Kumar, New Delhi
This bull run ends in CBI cell
INTERNATIONAL SCAMSTER and absconder Dinesh Dalmia has finally been snared. A poster boy of the 2001 Ketan Parekh stock-market scam, the DSQ Software and DSQ Biotech promoter is a serial offender who created pump-and-dump schemes on three continents -- Asia, North America and Europe. Living it up in New Jersey till recently -- and driving a Ferrari -- he was caught by the CBI on Saturday.
Published on Feb 14, 2006 01:21 AM IST
None | Arun Kumar, New Delhi
10k: Historic high for Sensex
Accelerating like never before, the BSE Sensex gained 238 points on Monday to crack the 10K barrier in intra-day trading.
Published on Feb 11, 2006 07:43 PM IST
None | Arun Kumar, New Delhi
HCL Tech focus on product business
From starting a hardware operation to going on to create an intellectual powerhouse through a services offering in HCL, he outlines the new imperatives.
Updated on Feb 14, 2006 06:47 PM IST
None | Arun Kumar
Funds ride Sensex bull run
WITH THE stock market going strong, it is the domestic mutual funds which have hit a jackpot on their equity-oriented schemes in the past one year.
Published on Feb 09, 2006 12:42 PM IST
None | Arun Kumar, New Delhi
Funds ride Sensex bull run
WITH THE stock market going strong, it is the domestic mutual funds which have hit a jackpot on their equity-oriented schemes in the past one year. Reason: having burnt their fingers in the Ketan Parekh scam, retail investors this time have steered clear of directly entering the equity market and instead put faith in mutual funds.
Published on Feb 09, 2006 01:32 AM IST
None | Arun Kumar, New Delhi
Sensex scripts history
ACCELERATING LIKE never before, the BSE Sensex gained 238 points on Monday to crack the 10K barrier in intra-day trading. Finally it ended short, closing at 9,980.
Published on Feb 07, 2006 03:20 PM IST
None | Arun Kumar, New Delhi
Historic high for Sensex
ACCELERATING LIKE never before, the BSE Sensex gained 238 points on Monday to crack the 10K barrier in intra-day trading. Finally it ended short, closing at 9,980. This is India's longest-running bull orbit, proceeding despite the odd glitch since June 2003. "This is a reflection of India's re-rating as an economic force," says Uday Kotak, vice chairman, Kotak Mahindra Bank. "There might be a cyclical correction but the secular story is in place."
Published on Feb 07, 2006 01:44 AM IST
None | Arun Kumar, New Delhi
Why?re funds flowing?
"India is in the Christopher Columbus phase," says Kotak. "It's being discovered as a strong and robust economy by global fund managers."
Published on Feb 07, 2006 01:07 AM IST
None | Arun Kumar, New Delhi
Who?ll reap maximum rewards?
Unions should not crib because AAI income is likely to soar.
Updated on Feb 06, 2006 01:50 AM IST
None | Sandeep Bamzai & Arun Kumar, New Delhi
Irish firm brings 100m euros
Anil Nanda-promoted Akme Projects Ltd has formed a 50:50 joint venture with Ireland-based Cathedral Financial Consultants Ltd to venture into the real estate space.
Published on Feb 02, 2006 01:38 AM IST
None | Arun Kumar, New Delhi
Financial bids opening today
STRIKE OR no strike, the Civil Aviation Ministry will open the bids for the modernisation of the Delhi and Mumbai airports at 3.30 p.m. on Tuesday. Civil Aviation Secretary Ajay Prasad told HT: "We are going ahead with the opening of the bids.
Published on Jan 31, 2006 12:06 PM IST
None | Arun Kumar, New Delhi
Financial bids opening today
STRIKE OR no strike, the Civil Aviation Ministry will open the bids for the modernisation of the Delhi and Mumbai airports at 3.30 p.m. on Tuesday. Civil Aviation Secretary Ajay Prasad told HT: "We are going ahead with the opening of the bids. All the qualified bidders have been informed to be present.
Published on Jan 31, 2006 01:28 AM IST
None | Arun Kumar, New Delhi
Home loan to cost more
WITH THE RBI signaling a quarter per cent increase in the short-term interest rate, home loan interest rates are expected to go up by 0.25 per cent to 0.50 per cent.
Published on Jan 25, 2006 11:56 AM IST
None | Arun Kumar, New Delhi
Home loan to cost more
With the RBI signaling a quarter per cent increase in the short-term interest rate, home loan interest rates are expected to go up by 0.25 per cent to 0.50 per cent.
Published on Jan 25, 2006 02:29 AM IST
None | Arun Kumar, New Delhi
Home loan to cost more
WITH THE RBI signaling a quarter per cent increase in the short-term interest rate, home loan interest rates are expected to go up by 0.25 per cent to 0.50 per cent.
Published on Jan 25, 2006 01:13 AM IST
None | Arun Kumar, New Delhi
Another mega deal on cards
ICICI Ventures, IDF in process of picking up 15-20% in L&T IDP arm
Published on Jan 23, 2006 02:24 AM IST
None | Sandeep Bamzai & Arun Kumar, New Delhi
Ranbaxy to buy German firm
After taking a beating over the last few months, pharma major Ranbaxy Laboratories is out to radically alter its image.
Published on Jan 18, 2006 01:51 AM IST
None | Arun Kumar, New Delhi
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