Arnab Dutta, Samreen Ahmad And Urvi Malvania

Stories by Arnab Dutta, Samreen Ahmad And Urvi Malvania

Apple revs up India offering with new iMac, iPads and iPhone

Apple revs up India offering with new iMac, iPads and iPhone

Rediff.com   22 Apr 2021

The new iMac, two iPads and iPhone 12 and 12 Mini will be open for ordering starting April 30, just like in the US, the UK, China and Japan.

Decade on, Jaypee Infratech customers still waiting for a home

Decade on, Jaypee Infratech customers still waiting for a home

Rediff.com   14 Apr 2021

Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.

Malabar Gold & Diamonds to invest Rs 1,600 cr on 56 stores

Malabar Gold & Diamonds to invest Rs 1,600 cr on 56 stores

Rediff.com   26 Mar 2021

Gold and diamond retail chain Malabar Gold & Diamonds will be investing Rs 1,600 crore in FY22 to launch 56 stores globally with 40 across India and 16 internationally in FY22 to further boost its retail presence across the globe. The move is expected to generate over 1,700 jobs. In India, the expansion strategy is centred in states like Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Delhi, West Bengal, Uttar Pradesh, Odisha and Kerala. Internationally, the expansion will be in markets such as Singapore, Malaysia, Oman, Qatar, Bahrain and UAE.

As commodity prices rise, cars, home appliances to cost more

As commodity prices rise, cars, home appliances to cost more

Rediff.com   25 Mar 2021

Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.

Koo is finally a true Indian company

Koo is finally a true Indian company

Rediff.com   18 Mar 2021

Koo has so far raised $4.1 mn in Series A funding from existing investors Accel, Kalaari Capital, Blume Ventures and 3one4 Capital.

Real estate, travel and tourism blues hit India's consumption story

Real estate, travel and tourism blues hit India's consumption story

Rediff.com   15 Mar 2021

India's Rs 4.5-trillion fast-moving consumer goods (FMCG) sector was one of the first to bounce back from the lockdown induced blues, reporting a year-on-year (YoY) growth in the October-December quarter last year. That said, the overall consumption figures continue to remain depressed. The FMCG market, which includes daily consumables like branded atta, hand sanitizers, edible oils, shampoos, razors, and so on, recorded 7.3 per cent value growth during the period, while the smartphone market grew by 21 per cent.

How technology is changing fashion

How technology is changing fashion

Rediff.com   11 Mar 2021

From omnichannel to AI and 3D technology, the fashion industry is in the middle of a digital revolution.

Zostel claims win in 3-year legal battle against OYO, latter refutes

Zostel claims win in 3-year legal battle against OYO, latter refutes

Rediff.com   8 Mar 2021

Zostel could get upwards of $600 million if arbitration goes through.

Xiaomi expands smartphone, TV capacity in India with 3 new plants

Xiaomi expands smartphone, TV capacity in India with 3 new plants

Rediff.com   26 Feb 2021

Apart from bringing new suppliers on board, Xiaomi is also hoping to take advantage of the newly launched PLI scheme that offers incentives on incremental production of smartphones with 2020 as the base year.

Edtech, logistics and gig-economy to drive jobs

Edtech, logistics and gig-economy to drive jobs

Rediff.com   25 Feb 2021

Fresher hiring is expected to more than double compared to last year.

Lava plans to turn up the heat on Chinese brands

Lava plans to turn up the heat on Chinese brands

Rediff.com   8 Feb 2021

Expansion of distribution network, venturing into new markets, supplementing production capacity, and ramping up workforce are all on the cards. Instead of trying to fight with brands having massive war chests, it will pass on the benefits to consumers by offering them phones at lower prices.

5G: Smartphone makers poised for a sharp rebound this year

5G: Smartphone makers poised for a sharp rebound this year

Rediff.com   18 Jan 2021

Even if 5G is not launched by operators this year, the handsets market will certainly witness a strong supply ecosystem for 5G ready smartphones in 2021.

PM urged to drop 'harsh' norms on sale, promotion of tobacco products

PM urged to drop 'harsh' norms on sale, promotion of tobacco products

Rediff.com   8 Jan 2021

New proposals like booking of retailers selling loose cigarettes and 7 years of imprisonment, are unacceptable, traders argued.

Top real estate developers see more consolidation coming in 2021

Top real estate developers see more consolidation coming in 2021

Rediff.com   5 Jan 2021

Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.

Durable makers end 2020 at record low, sales down 30% amid Covid-19

Durable makers end 2020 at record low, sales down 30% amid Covid-19

Rediff.com   31 Dec 2020

The Rs 1.5-trillion-a-year industry has ended the year with a 30 per cent fall in sales because after a steady recovery in the festive season, multiple factors dashed its hopes of revival at the end of the year.

India most booked destination globally in 2020, Delhi on top: Oyo report

India most booked destination globally in 2020, Delhi on top: Oyo report

Rediff.com   31 Dec 2020

In December, over 1.7 million people have checked in over the weekends.

Wistron: 'We made mistakes as we expanded'

Wistron: 'We made mistakes as we expanded'

Rediff.com   22 Dec 2020

iPhone SE 2020 is one of the popular phones like Apple 11, which is the biggest seller in the domestic market.

Can Malavika Hegde turn Cafe Coffee Day around?

Can Malavika Hegde turn Cafe Coffee Day around?

Rediff.com   18 Dec 2020

V G Siddhartha's wife has the support of the employees. But the challenges ahead of her are tough.

Wistron unit may restart in 15-20 days

Wistron unit may restart in 15-20 days

Rediff.com   17 Dec 2020

Wistron, which earlier pegged the losses at Rs 437 crore, later notified the Taiwan stock exchange that the total losses were around Rs 50 crore.

Battle of the brands: H&M takes on Zara

Battle of the brands: H&M takes on Zara

Rediff.com   16 Dec 2020

Zara could rake in Rs 1,571 crore sales in 2019-2020. H&M, which came in five years later, grew its revenue to Rs 1,729 crore.