Amritha Pillay &Amp;Amp; Shine Jacob

Stories by Amritha Pillay &Amp;Amp; Shine Jacob

Tamil Nadu inks deals with 35 firms; to see over Rs 17,000 cr investment

Tamil Nadu inks deals with 35 firms; to see over Rs 17,000 cr investment

Rediff.com   22 Jul 2021

The government of Tamil Nadu on Tuesday signed a memorandum of understanding (MoUs) with 35 companies that may see investment to the tune of Rs 17,141 crore, creating employment opportunities for 55,054 people. The major companies that would be coming up with fresh investments over Rs 1,000 crore in the state include JSW Renew Energy Two, TCS, ZF Wabco and Srivaru Motors among others. JSW Renew Energy Two will be coming up with a 450 megawatt (Mw) wind power generation unit at Tuticorin, Tirunelveli, Dindigul and Tiruppur for Rs 3,000 crore. TCS will be coming up with its third phase of expansion at SIPCOT IT Park in Siruseri, ZF Wabco with an auto component unit at Kancheepuram for Rs 1,800 crore and a two-wheeler EV unit by Srivaru Motors for Rs 1,000 crore at Coimbatore.

Despite security risks, 95% Indian cos to continue with WFH

Despite security risks, 95% Indian cos to continue with WFH

Rediff.com   15 Jul 2021

The survey covered 1,210 IT executives and technology professionals from North America, the United Kingdom, Australia, New Zealand, Singapore and India. In India, 202 respondents from businesses with more than 500 employees across 18 industry verticals completed the survey. Overall, 89 per cent of the respondents said implementing a work-from-home policy had increased security challenges for their organisations. The risk posed by shadow IT was especially high, with 89 per cent of companies having no control over the software that employees purchase and install on their devices.

After festive season boost, key economic indicators show declining signs

After festive season boost, key economic indicators show declining signs

Rediff.com   9 Dec 2020

Business Standard tracks pollution levels, goods ferried by the Indian Railways and consumer visits to various categories of places, in addition to power generation and traffic numbers to understand the fast-changing situation on the ground.

'Sebi has given go ahead for RailTel IPO'

'Sebi has given go ahead for RailTel IPO'

Rediff.com   30 Nov 2020

'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'

The Kerala minister who's fighting for states in GST Council

The Kerala minister who's fighting for states in GST Council

Rediff.com   23 Oct 2020

Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.

Delhi-Alwar rapid rail: India in talks for $3 bn funding

Delhi-Alwar rapid rail: India in talks for $3 bn funding

Rediff.com   7 Oct 2020

The project will be in three stages and sources indicate that the funding will be for the first stage of 107 kilometre from Sarai Kale Khan to SNB Urban Complex.

India Inc's succession plan is seeing a gender shift

India Inc's succession plan is seeing a gender shift

Rediff.com   5 Oct 2020

Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed.

Newbies dream to become oil barons in limbo

Newbies dream to become oil barons in limbo

Rediff.com   3 Oct 2020

22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.

Indian Railways back on track, stems fall in freight traffic

Indian Railways back on track, stems fall in freight traffic

Rediff.com   2 Oct 2020

Revenue from freight operations also increased by 14 per cent to Rs 9,903 crore in September.

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Rediff.com   29 Sep 2020

Going by the current market cap of Rs 83,451.15 crore, 7.33 per cent stake in BPCL is expected to be valued around Rs 6,117 crore.

L&T, 2 mega consortia in race for India's first bullet train project

L&T, 2 mega consortia in race for India's first bullet train project

Rediff.com   24 Sep 2020

The first consortium includes Afcons Infrastructure, IRCON International and JMC Projects, while the second group of companies include NCC, Tata Projects and J. Kumar Infra Projects.

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Rediff.com   23 Sep 2020

The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.

New hiring at RIL starts tapering; staff count declines

New hiring at RIL starts tapering; staff count declines

Rediff.com   23 Sep 2020

Experts attribute this trend to a combination of end of capital expenditure cycle, increased automation, RIL's preference for time-bound labour contracts, and telecom and retail's outsourced human resource model.

Women ride the ed-tech boom as opportunities click

Women ride the ed-tech boom as opportunities click

Rediff.com   21 Sep 2020

Experts point out teaching in its online avatar helps address women specific concerns, like care-giving responsibilities, lack of safe public and work spaces, and the inability to move to cities.

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Rediff.com   19 Sep 2020

'The people, media and politicians are ready to listen to the troubles of Kangana Ranaut, but we are unwanted lives in the heart of Delhi.' Shine Jacob reports.

Railways to allow private players for bullet train projects

Railways to allow private players for bullet train projects

Rediff.com   18 Sep 2020

The projects - Delhi-Varanasi, Mumbai-Nagpur, Delhi-Ahmedabad, Chennai-Mysore, Delhi-Amritsar, Mumbai-Hyderabad, and Varanasi-Howrah - are expected to cost around Rs 10 trillion.

Prayagraj to house Indian Railways' ambitious freight programme

Prayagraj to house Indian Railways' ambitious freight programme

Rediff.com   15 Sep 2020

Built by the French railway technology company Alstom, it will host a 90-metre-long digital wall for train operation, said to be the second largest in Asia.

BPCL privatisation move make workers jittery

BPCL privatisation move make workers jittery

Rediff.com   8 Sep 2020

Older workers are headed for the VRS exit in larger-than-expected numbers even as unrest stirs over unrevised wage settlements.

Railway Board restructuring gets green flag

Railway Board restructuring gets green flag

Rediff.com   4 Sep 2020

The board will now be headed by Vinod Kumar Yadav as chairman and CEO, and it will have four other members.

Period leave doesn't hamper work or affect employability

Period leave doesn't hamper work or affect employability

Rediff.com   2 Sep 2020

There was a worry that such a policy would hamper businesses, create resentment among the male staff and perhaps also discourage companies from employing women. However, this has proved to be misplaced.