Avishek Rakshit, T E Narasimhan, Jayajit Dash, Vimukt Dave

Stories by Avishek Rakshit, T E Narasimhan, Jayajit Dash, Vimukt Dave

Car makers rejig products as diesel, petrol prices near parity

Car makers rejig products as diesel, petrol prices near parity

Rediff.com   10 Jul 2020

While the share of diesel vehicles sales in the overall passenger car industry has already fallen sharply, sales of CNG vehicles have shown a compound annual growth rate of 15.5 per cent over the past five years.

Jio Platforms deals a big boost for PE investments

Jio Platforms deals a big boost for PE investments

Rediff.com   2 Jul 2020

Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.

How Hyundai Creta busted the no sales in lockdown myth

How Hyundai Creta busted the no sales in lockdown myth

Rediff.com   24 Jun 2020

Smart positioning, continued communication and a global design language have played a big role, say experts

Despite anti-China sentiments will Vivo manage to keep ringing?

Despite anti-China sentiments will Vivo manage to keep ringing?

Rediff.com   24 Jun 2020

As campaigns against Chinese brands intensify and the virus keeps people indoors, Vivo plays it slow with a digital-first launch plan.

Eveready hopes to ride the anti-China wave

Eveready hopes to ride the anti-China wave

Rediff.com   23 Jun 2020

50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.

'We will continue with China business'

'We will continue with China business'

Rediff.com   23 Jun 2020

Sundram Fasteners is planning to grow the Chinese venture further expanding on its product range covering fasteners, bearing housings, machined castings.

As lockdown eases, hotels ready with new 5-star drill

As lockdown eases, hotels ready with new 5-star drill

Rediff.com   15 Jun 2020

As several premium hotels such as ITC, Taj and Oberoi reopen after the lockdown in cities such as Bengaluru, Kolkata and Hyderabad, many changes have been made for the safety of guests and staff including temporary closure of spas, bars, gyms, and swimming pools.

Auto retail sales down by 88.87% in May

Auto retail sales down by 88.87% in May

Rediff.com   12 Jun 2020

At the end of May, out of 26,500 outlets about 60 per cent showrooms and 80 per cent workshops were operational across the country.

How things improved for steel, cement cos in May

How things improved for steel, cement cos in May

Rediff.com   2 Jun 2020

In the domestic segment, demand is currently led by rural markets, oil and gas, LPG and B2C segments like roofing and sheeting.

Tension at China border leaves tea companies in a stir

Tension at China border leaves tea companies in a stir

Rediff.com   31 May 2020

Planters from Assam said despite the Covid-19 pandemic, trade enquiries from China had been rising. However, owing to the growing conflict, enquiries may dry up. 'We have seen how the trade dried up in case of the Pakistan conflict and fear the same,' a planter from Assam said.

Royal Enfield may recall 15,200 units from export markets

Royal Enfield may recall 15,200 units from export markets

Rediff.com   21 May 2020

This is a precautionary service intervention, and will be undertaken across the UK, rest of Europe and South Korea, the company said.

How India Inc is trying to save jobs

How India Inc is trying to save jobs

Rediff.com   21 May 2020

India's biggest firm, Reliance Industries, has decided to cut salaries by 10 per cent in its oil and refining divisions. Several smaller companies like Kajaria Ceramics have followed suit with cuts as high as 40 per cent for those earning more than Rs 50 lakh.

Used car market heads for boom post-lockdown

Used car market heads for boom post-lockdown

Rediff.com   20 May 2020

A study by second-hand car dealer CARS 24 showed 42 per cent of the consumer feel the need for a car to travel safely now. Those who used cabs to commute before the pandemic want to buy a car for the family and a two-wheeler for shorter runs.

Maruti: As people prefer pvt transport, hatchbacks are popular

Maruti: As people prefer pvt transport, hatchbacks are popular

Rediff.com   18 May 2020

While the company used to report bookings of 4,000-5,000 every day, following the partial lifting of lockdown, in a week, it has received around 6,000.

10 planned Mercedes launches on schedule

10 planned Mercedes launches on schedule

Rediff.com   16 May 2020

'Even during the lockdown, we have received many online enquiries and subsequent bookings.'

Lockdown effect: Rs 3,500 crores stuck in Hindi/Telugu/Tamil movies

Lockdown effect: Rs 3,500 crores stuck in Hindi/Telugu/Tamil movies

Rediff.com   15 May 2020

'Maybe it's time for Plan B for the film industry.'

Centre likely to extend lockdown with more relaxations

Centre likely to extend lockdown with more relaxations

Rediff.com   12 May 2020

During his interaction with the chief ministers, Prime Minister Narendra Modi assured that more economic activities would resume; he also said that zone identification may be left to the states.

Harsh Lodha is back as director in 2 MP Birla group firms following court nod

Harsh Lodha is back as director in 2 MP Birla group firms following court nod

Rediff.com   6 May 2020

The order, which set aside the August 9 ruling of a single-judge bench, prevented the group entities from publishing the voting results of the last AGM. However, the firms will now be able to execute decisions taken at the AGM last year. People in the know said the Birlas would appeal against the order in a higher court.

COVID-19: Ayurvedic products become increasingly popular

COVID-19: Ayurvedic products become increasingly popular

Rediff.com   30 Apr 2020

The pandemic has resulted in a change in consumer lifestyles, with an increased focus on preventive healthcare remedies leading to a surge in demand for immunity-positioned supplements, including Ayurvedic medicines and products, as consumers pursue different ways to combat the virus.

Here's some good news for India's tea lovers

Here's some good news for India's tea lovers

Rediff.com   29 Apr 2020

Tea estates across Assam and West Bengal, which were hitherto closed owing to the lockdown, opened in April.