Anil Sasi

Anil Sasi is National Business Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.

Articles By Anil Sasi

New energy firms & telcos stare at default, NPA fear grips banks

In all, over 15 discoms have fallen back on their payment obligations against electricity supplied by solar and wind energy developers — the only bright spark in an otherwise sluggish electricity sector.

PMC bank fraud case: Several red flags fluttered right under RBI’s nose

The PMC scam went undetected for around 11 years despite the RBI requiring all regulated entities — including cooperative banks — to submit details of transactions and accounts to it since February 2016.

Peter Estlin: ‘London is not immune from Brexit, but largely prepared for various outcomes’

Lord Mayor of the City of London Peter Estlin said that Brexit provides the UK with an opportunity to start a global dialogue by itself on how financial technology companies are regulated across the world.

Ravi Shankar Prasad: ‘With new, pro-investment tax regime, we’re going to make a big case for India’

Ravi Shankar Prasad said that his department is prioritising components manufacturing as well to ensure the entire value chain is present in India.

‘Super-sensitive data’ will have to reside in India; Bill to be before Cabinet soon: Ravi Shankar Prasad

Prasad indicated that while the government recognised the importance of free data flow, it was clear in its resolve that “super-sensitive data” would have to reside in India.

Nissan, state govt iron out differences over setting up of global research hub

The Japanese carmaker, responding to queries on the issue, too indicated that it is taking forward the partnership, despite the initial hiccups.

Campuses run out of hostel space, private firms step in

Softbank-backed Oyo Hotels and Homes, through its managed housing brand Oyo Life, announced Thursday a tie-up with IIT-Delhi to provide off-campus accommodation and another deal with the private Plaksha University

Tax cut will add to India Inc cash pile but may not boost spending

Given that rated non-financial companies in India reported a total pre-tax net income of about $35 billion (around Rs 2.45 lakh crore) for the fiscal year ended March 2019, assuming their earnings remain unchanged for fiscal 2019, they will end up saving about $3 billion (over Rs 21,000 crore) from the tax rate reduction

Site decided, Govt clears mega solar project in Leh and Kargil

The first package was to be set up in the areas tentatively identified in Zanskar sub-division and Taisuru block of Kargil district.

Innovations in EV tech: From powering homes to plugging last mile connectivity

As the task of thrashing out a consensus on the template for driving in electric mobility for mass market adoption gets underway in India, global carmakers are already pushing the envelope to new frontiers of EV technologies.

5G trials: China aggression will work against Huawei, say India officials

In May, the Chinese commerce ministry had stated that Beijing was preparing an “unreliable entity list” that will include organisations that block supplies to Chinese companies for non-commercial reasons or otherwise damage their interests.

RK Singh interview: ‘You cannot be a developed country with a power sector that has load shedding’

The minister stressed on the renewed focus by the government to resolve problems of legacy dues to these gencos and make the downstream sectors more viable.

India Inc looks to govt for stimulus, but fiscal space limited as revenue falters

The emerging consensus within India Inc. on the need for a government-led stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms

Tale of two NHPC projects: Bhutan on, India off

India and Bhutan signed a protocol in April 2019, formalising the tariff at Rs 2.4 per unit (kWh) for a period of 35 years.

Signals aplenty that slowdown is spreading across India Inc

On Thursday, Prime Minister Narendra Modi is learnt to have reviewed the state of the economy with Finance Minister Nirmala Sitharaman and top officials of the Ministry to assess measures being planned to tackle the slowdown.

FMCG companies red-flag gathering rural slowdown

There is an emerging consensus among FMCG majors that, like their automobile counterparts, the impact of the slump is more evident in rural India and that, in geographical terms, the north is the worst hit.

Crisis in auto sector takes its toll, 286 dealership outlets shut in 18 months

Industry players say the worst is still to come and that the of consumer demand and the liquidity crisis — could get prolonged as automakers compulsorily transition to new technologies, rendering their products more expensive.

‘Strong EV push by govt & consumer desire for clean energy set to drive sales’

Nissan is currently doing a pilot testing for the Leaf to assess the actual range in actual road conditions in India.

Stock build-up: Sharp increase in foodgrain supply to J&K in April-June

Food grain stocking norms are applicable on the level of stocks in the government’s ‘central pool’ that is sufficient to meet the operational requirement of foodgrains and exigencies at any point of time.

Explained: Car sales down, what does this mean for the economy?

Not just cars, sales of trucks, tractors and motorcycles too are down. The NBFC crisis has caused a liquidity crunch, and customers are postponing the decision to buy. What does this mean for the economy?