Krishna Kant, Shine Jacob &Amp; Sachin P Mampatta

Stories by Krishna Kant, Shine Jacob &Amp; Sachin P Mampatta

GM, Ford switch off India ops but unable to exit

GM, Ford switch off India ops but unable to exit

Rediff.com   25 Jan 2023

Both are finding it difficult to sell one each of their plants -- Chennai Maraimalai Nagar (Ford) and Talegaon near Pune (GM) -- and are finding the road blocked by employee severance snarl-ups, report Sohini Das and Shine Jacob.

How Much Assets Companies Added Since Pandemic

How Much Assets Companies Added Since Pandemic

Rediff.com   24 Jan 2023

The Adani Group led in adding net fixed assets, which are up more than 90 per cent since September 2019 or before COVID-19.

'India's young offer growth potential for auto sector'

'India's young offer growth potential for auto sector'

Rediff.com   20 Jan 2023

'The semiconductor supply is constantly improving, with visible green-shoots in the situation as compared to earlier part of last year'

How Toyota India will tackle it's slow growth

How Toyota India will tackle it's slow growth

Rediff.com   17 Jan 2023

'In terms of semiconductors, challenges do remain in the pan industry, but I think we are much better than where we were a year or so back.'

Ashok Leyland's telematics is a next gen solution

Ashok Leyland's telematics is a next gen solution

Rediff.com   14 Jan 2023

According to reports, by last year, the company has helped its customers save 15 per cent on costs -- around 5-6 per cent on fuel and 15 per cent on fleet utilisation through digital measures.

Tata Motor's Mission 2045: Electric, Flex-fuel And Hydrogen ICE

Tata Motor's Mission 2045: Electric, Flex-fuel And Hydrogen ICE

Rediff.com   13 Jan 2023

'Battery electric, hydrogen fuel cell and hydrogen ICE, could be the three technologies which have the potential of being zero emission and that are what we will have to work on,'

Debt as investment avenue is more appealing for the wealthy

Debt as investment avenue is more appealing for the wealthy

Rediff.com   12 Jan 2023

Debt as an investment avenue for the wealthy has been attracting more assets than equity. The portfolio management service (PMS) industry, whose services require a minimum investment of Rs 50 lakh, has seen a 4.4 per cent decline in equity assets since March 2022.

Auto Expo 2023 Day 1: EVs Rule!

Auto Expo 2023 Day 1: EVs Rule!

Rediff.com   12 Jan 2023

Almost all of these companies either unveiled their new electric vehicle or alternative energy-powered models.

Best City For Women To Work Is...

Best City For Women To Work Is...

Rediff.com   10 Jan 2023

'That the South and West regions are more women-friendly in terms of employment is not a surprise.'

Capex Crosses Rs 6 Trillion In December

Capex Crosses Rs 6 Trillion In December

Rediff.com   10 Jan 2023

'If private capex has to kick in, there should at least be 2-3 years of visibility.'

What Employees Can Expect In 2023

What Employees Can Expect In 2023

Rediff.com   5 Jan 2023

'Enterprises have become more demanding in terms of their productivity expectation from their employees.'

India's Billionaire Club Shrinks....

India's Billionaire Club Shrinks....

Rediff.com   5 Jan 2023

Among the many exits from the billionaire's club in 2022 are D Uday Kumar Reddy of Tanla Solutions (net worth down 66 per cent), Sushil Kanubhai Shah of Metropolis Healthcare (down 65.7 per cent), Vijay Shekhar Sharma of One97 Communications (down 66 per cent), and C K Birla (down 43.4 per cent).

Top Carmakers Post Double-Digit Export Growth With Maruti At The Wheel

Top Carmakers Post Double-Digit Export Growth With Maruti At The Wheel

Rediff.com   4 Jan 2023

Clock 11% growth in the first 11 months of 2022.

Toy makers face a 'glocal' challenge

Toy makers face a 'glocal' challenge

Rediff.com   30 Dec 2022

The Chinese dependence is far from over, industry players are also citing a shortage of electronic toys in the country.

RIL topped growth charts in the last 20 years

RIL topped growth charts in the last 20 years

Rediff.com   29 Dec 2022

Reliance Industries Limited (RIL) has been one of the top performing companies in the large cap space under the chairmanship of Mukesh Ambani and has beaten the broader market both in terms of earnings growth and shareholder returns. In the last 20 years, RIL's net profit has grown at a compound annual growth rate (CAGR) of 15.7 per cent while its net sales have grown at a CAGR of 15.1 per cent. RIL's net profit at consolidated level has jumped 18.5 times in the last two decades growing from Rs 3280 crore in FY02 to Rs 60,705 crore in FY22; its net sales grew 16.6 times from Rs 42,129 crore to Rs 6.99 trillion.

Want To Know What A CEO/MD Earns?

Want To Know What A CEO/MD Earns?

Rediff.com   28 Dec 2022

The average top executive monthly compensation is Rs 1 crore. The median employee salary is now Rs 820,000.

Manufacturing sector companies outperform on the bourses in 2022

Manufacturing sector companies outperform on the bourses in 2022

Rediff.com   27 Dec 2022

Manufacturing companies have been outperformers on the bourses in the current year, leading to a rise in their weighting in the benchmark index. Companies in sectors such as FMCG, automobile, pharmaceuticals, metals, cement, and agrochemicals now account for 25.43 per cent of the Nifty 50 index, up 88 basis points from 24.55 per cent at the end of December last year and a record low of 23.1 per cent at the end of CY20. The manufacturing sector is now dominated by FMCG majors such as Hindustan Unilever, ITC, Asian Paints, Nestle, and Britannia, accounting for 45 per cent of the combined market cap of all manufacturing companies in the index.

63.3% IT Returns Filed For Rs 5 Lakh Or Less

63.3% IT Returns Filed For Rs 5 Lakh Or Less

Rediff.com   27 Dec 2022

Assessment year 2020-2021 saw returns filed fall to 69.7 million and stood at 71.4 million in assessment year 2021-2022.

NBFCs are not dying to become banks: Industry leaders

NBFCs are not dying to become banks: Industry leaders

Rediff.com   22 Dec 2022

But the industry's chief executives remain confident of the long-term growth potential of NBFCs in India, given their specialised lending on the asset side, last-mile reach, and a well-capitalised balance sheet. "Over the years, NBFCs have faced many crises.

As banks step up lending, NBFCs' share fall to 5-year low of 19.8% in H1FY23

As banks step up lending, NBFCs' share fall to 5-year low of 19.8% in H1FY23

Rediff.com   20 Dec 2022

Banks are gaining market share at the expense of non-bank lenders such as housing finance companies, retail lenders, and those giving gold loans. There has been a steady decline in the market share of non-banking financial companies (NBFCs) in the credit market as banks have stepped up lending. NBFCs' share declined to a five-year low of 19.8 per cent in the first half of FY23, down from 20.3 per cent in H1FY22, and an all-time high of 23.1 per cent in H1FY19.