Dev Chatterjee

Mumbai

Bureau Chief at ET Now

UC Berkeley Alumnus, Author, The Meltdown, available on https://t.co/yogoCZe3YE. Mumbai. Tweets are my personal views.

Articles

We are sowing the seed for the future, says L&T's Subramanian Sarma

1 week ago | business-standard.com | Dev Chatterjee |Jaden Mathew Paul

Subramanian Sarma, deputy managing director and president at construction and engineering powerhouse Larsen & Toubro (L&T), oversees the company's fast-growing hydrocarbon, onshore and offshore, carbonlite solutions, green and clean energy, asset management, and offshore wind businesses.
Tata Sons may have to bail out Tata Tele

2 weeks ago | rediff.com | Dev Chatterjee

Tata Sons Ltd, the holding company of the $150 billion Tata group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices Ltd (TTSL). Tata Sons chairman N Chandrasekaran. Photograph: PTI Photo from the Rediff Archives This is because TTSL has to pay Rs 19,256 crore adjusted gross revenue (AGR) along with other dues to the central government by March 2026.
Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

2 weeks ago | rediff.com | Shivani Shinde |Ishita Ayan Dutt |Dev Chatterjee

For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum. IMAGE: Indian Army personnel keep a vigil as they patrol the area along the Line of Control in Poonch, May 21, 2025. Cyberattacks on Indian businesses spiked dramatically -- rising by up to three times -- following the launch of Operation Sindoor, according to industry estimates.
We plan to invest up to ₹8,000 crore in FY26 in India: Satish Pai

2 weeks ago | business-standard.com | Roshni Shekhar |Dev Chatterjee

Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, posted a 66.4 per cent year-on-year jump in consolidated net profit to Rs 5,283 crore for the quarter ended March 2025, buoyed by easing input costs and strong performance in its India operations. In an interview with Roshni Shekhar and Dev Chatterjee, Managing Director of Hindalco Industries, Satish Pai, discusses the company's capex plans and the status of the Novelis IPO.
HUL's Rohit Jawa

1 month ago | business-standard.com | Dev Chatterjee

Hindustan Unilever (HUL) believes recovery is underway and consumption will start correcting given the macroeconomy actions. Managing director and chief executive officer Rohit Jawa speaks to Sharleen D'Souza and Dev Chatterjee on the levers of investments that the company has, trends showing rural resilience, volumes versus margins and more.
RIL to pump Rs 1.5 trn into petro, new energy

1 month ago | rediff.com | Dev Chatterjee

Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to invest Rs 75,000 crore ($9 billion) each into its new energy business and petrochemical expansion, according to a company presentation. In its FY25 result statement, Ambani said the company has laid a strong foundation for its projects in renewable energy and battery operations. “In the coming quarters, we will see the transition of this business from incubation to operationalisation.
JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

2 months ago | rediff.com | Dev Chatterjee |Ishita Ayan Dutt

JSW Steel, owned by Sajjan Jindal, has emerged as the world’s most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data. The milestone sees the Indian major outpacing industry titans such as L N Mittal-owned ArcelorMittal, the world’s biggest steelmaker, at $27.14 billion, and Nucor Corporation of the US at $29.4 billion.
Adani group commits Rs 1.1 trillion capital expenditure for FY26

2 months ago | rediff.com | Dev Chatterjee

The Adani group has said it will have a capital expenditure of Rs 1.1 trillion in 2025-26 as against this financial year’s Rs 92,000 crore, with a focus on core energy and infrastructure. Expenditure will be financed through an internal cash generation of Rs 60,000 crore, and the rest will be raised via equity and debt, according to senior officials.
'We Have Doubled Our Exposures To India'

2 months ago | rediff.com | Jaden Mathew Paul |Dev Chatterjee

'Expect India to keep doing well irrespective of geopolitics.'Singapore's sovereign wealth fund GIC, which started investing in India over 30 years ago, marks 15 years of its on-ground presence in the country.
India well placed to tackle Trump's tariff volleys: Blackstone CEO

2 months ago | rediff.com | Dev Chatterjee

India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi’s visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world’s largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday. Schwarzman said tariffs and trade negotiations are big worries.