Amritha Pillay &Amp;Amp; Shine Jacob

Stories by Amritha Pillay &Amp;Amp; Shine Jacob

'Without incentives people will not purchase EVs'

'Without incentives people will not purchase EVs'

Rediff.com   8 Jun 2024

'Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. '

Why AP Opted For Chandrababu

Why AP Opted For Chandrababu

Rediff.com   7 Jun 2024

Both Chandrababu Naidu and Pawan Kalyan assured voters that they would bring jobs and industrial development to the state. Their alliance batted for a welfare-plus-development model.

Chandrababu Naidu Logs Back In Andhra Pradesh

Chandrababu Naidu Logs Back In Andhra Pradesh

Rediff.com   5 Jun 2024

Chandrababu Naidu's victory comes barely eight months after his political career seemingly crashed in September 2023 when the YSRCP government arrested him in an alleged corruption case.

As order books grow, capital goods, engg companies firm up capex plans

As order books grow, capital goods, engg companies firm up capex plans

Rediff.com   5 Jun 2024

As order books gain from India's increased capital outlay, some large capital goods and engineering companies are together spending over Rs 11,500 crore in creating new facilities, data shows. Nine engineering and capital goods companies, where data was available, including Siemens, Larsen & Tourbo (L&T) and KEC International, have a combined capital expenditure (capex) of about Rs 11,500 crore or more. Others such as ABB India and Thermax Global are also adding capacities.

AI, Cloud, super app: Adani group to bet big on tech

AI, Cloud, super app: Adani group to bet big on tech

Rediff.com   5 Jun 2024

Coal-to-airports conglomerate Adani group is set to make a splash in the tech world. The group is considering the creation of customised artificial intelligence (AI) models for commercial prospects and consolidating digital services on a super app, according to people in the know. The Adani One app, part of its consumer-facing businesses, is reportedly in talks to expand into e-commerce and digital payments, according to a Financial Times report.

A Breakthrough In Nipah Virus Research

A Breakthrough In Nipah Virus Research

Rediff.com   5 Jun 2024

This will also help test the effectiveness of preventing the entry of Nipah in target cells.

'India can become centre of exporting fertiliser'

'India can become centre of exporting fertiliser'

Rediff.com   2 Jun 2024

'The government has put in a lot of effort to provide infrastructure for the industry.'

IPL Final Mints Money For Pubs, Restaurants

IPL Final Mints Money For Pubs, Restaurants

Rediff.com   27 May 2024

The cricketing extravaganza became a business opportunity for everyone, from five-star hotels to cafes to street vendors across the country on Sunday.

From phones to drones, Google looks to firm up India bet

From phones to drones, Google looks to firm up India bet

Rediff.com   24 May 2024

Following in Apple's footsteps, Alphabet - Google's parent company - is in advanced talks with Foxconn to manufacture Pixel smartphones in Tamil Nadu, an industrial state which will also double up as drone-manufacturing hub for the US tech giant soon. According to a state government release, officials from Google will soon visit Chennai to meet Tamil Nadu Chief Minister MK Stalin to hold discussion on manufacturing of Google Pixel near Chennai.

'No impact of elections on commercial vehicles market'

'No impact of elections on commercial vehicles market'

Rediff.com   15 May 2024

'In April, we saw a 10 per cent growth in our own volumes.'

Red hot chillies spice up poll battle in Guntur

Red hot chillies spice up poll battle in Guntur

Rediff.com   13 May 2024

'It is a fiercely fought battle, like our fiery chillies in Guntur.'

For Congress in Telangana, it's a vote on 5-month rule

For Congress in Telangana, it's a vote on 5-month rule

Rediff.com   13 May 2024

As the triangular political contest in Telangana intensifies, many believe that for the regional major BRS, it is a battle for survival after being routed in the assembly polls held late last year. What is haunting the party this time is the scams, the 10-year anti-incumbency factor, and family dominance in the party.

Adani, Tata eye bigger pie in Mumbai power distribution

Adani, Tata eye bigger pie in Mumbai power distribution

Rediff.com   6 May 2024

As Mumbai's real estate and electric vehicle penetration grows, two of the city's private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business pie, particularly betting on high-value customers. Adani Electricity Mumbai (AEML), the subsidiary which houses Adani Energy Solutions' Mumbai distribution business, recorded a six per cent growth in total units sold in the financial year 2023-24 (FY24), the company's presentation shows. This gain came at over 13 per cent growth in the year-ago period.

Advent to infuse Rs 2,475 cr into Apollo Hospitals' arm

Advent to infuse Rs 2,475 cr into Apollo Hospitals' arm

Rediff.com   28 Apr 2024

Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.

Political Movies Surge before Lok Sabha Polls

Political Movies Surge before Lok Sabha Polls

Rediff.com   25 Apr 2024

'Elections and audience interest in specific movies are often independent factors.'

Can 'Singham Anna' Deliver For The BJP?

Can 'Singham Anna' Deliver For The BJP?

Rediff.com   17 Apr 2024

Annamalai has faced criticism for the breakup between the AIADMK and the BJP, but BJP leaders say 'he attracts youth, who needs change'.

Wooing Tesla: 4 States Pull Out All Stops

Wooing Tesla: 4 States Pull Out All Stops

Rediff.com   15 Apr 2024

'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'

'Will end year with a growth rate of over 30 per cent'

'Will end year with a growth rate of over 30 per cent'

Rediff.com   13 Apr 2024

'In life insurance, it is about creating distribution capacity and solutions for customers. We are constantly working on that.'

Adani Power revives old ambitions as power demand surges in India

Adani Power revives old ambitions as power demand surges in India

Rediff.com   10 Apr 2024

Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Rediff.com   1 Apr 2024

A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore's PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle manufacturing unit by Vietnamese major VinFast, the Indian Space Research Organisation's second spaceport in Tamil Nadu's Kulasekarapattinam, and Singapore's Sembcorp's Rs 36,238 crore investment in renewable energy.