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Arun Kumar

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

At the bottom of Escorts Heart

If you thought the sibling joust between Rajan and Anil Nanda was over, think again.

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Published on May 10, 2006 01:48 AM IST
None | By, 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.

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Published on Apr 29, 2006 06:37 PM IST
None | ByArun 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.

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Published on Apr 29, 2006 03:30 PM IST
None | By, 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.

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Published on Apr 29, 2006 02:56 AM IST
None | By, 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.

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Published on Apr 29, 2006 01:38 AM IST
None | By, 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.

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Published on Apr 25, 2006 01:17 PM IST
None | By, 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.

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Published on Apr 25, 2006 01:17 PM IST
None | ByARUN 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.

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Updated on Apr 25, 2006 03:13 AM IST
None | ByArun 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.

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Published on Apr 25, 2006 01:35 AM IST
None | ByARUN 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.

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Published on Apr 13, 2006 11:50 AM IST
None | By, 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.

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Updated on Apr 11, 2006 03:45 PM IST
None | By, 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.

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Published on Mar 31, 2006 01:39 AM IST
None | By, New Delhi

Jet-Sahara deal will have to wait

Govt will soon put up draft guidelines on Net for public debate on takeovers.

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Updated on Mar 31, 2006 05:04 AM IST
None | By, 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.

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Published on Mar 23, 2006 01:17 PM IST
None | ByARUN 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.

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Published on Mar 23, 2006 01:40 AM IST
None | ByARUN 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.

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Updated on Mar 23, 2006 10:18 AM IST
None | ByArun 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.

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Published on Mar 21, 2006 01:09 PM IST
None | By, 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.

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Published on Mar 21, 2006 01:41 AM IST
None | By, 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.

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Updated on Mar 21, 2006 02:35 AM IST
None | By, 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.

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Published on Mar 20, 2006 01:52 AM IST
None | By, 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.

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Published on Mar 18, 2006 07:06 PM IST
None | By

?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.

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Updated on Mar 17, 2006 11:02 PM IST
None | By

?Manufacturing is the key?

The economic growth is the way of life in India, feels Ajay CEO of Citigroup?s Global Consumer Group.

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Published on Mar 13, 2006 11:53 AM IST
None | By, 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.

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Updated on Feb 21, 2006 04:14 PM IST
None | ByArun 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.

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Updated on Feb 20, 2006 02:36 AM IST
None | By, 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.

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Published on Feb 18, 2006 01:46 AM IST
None | BySandeep 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

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Published on Feb 15, 2006 01:57 AM IST
None | By, 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.

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Published on Feb 15, 2006 01:34 AM IST
None | By, 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.

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Published on Feb 14, 2006 04:50 PM IST
None | By, 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.

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Published on Feb 14, 2006 01:21 AM IST
None | By, New Delhi
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