Nitin Kumar, Shine Jacob &Amp; Deepak Patel

Stories by Nitin Kumar, Shine Jacob &Amp; Deepak Patel

Go First may take legal action against Pratt & Whitney over engine issues

Go First may take legal action against Pratt & Whitney over engine issues

Rediff.com   10 Mar 2023

Indian airline Go First is considering legal action against Pratt and Whitney (PW) for failing to provide compensation after March 2020 for planes grounded due to engine supply delays, sources said on Thursday. About 90 per cent of the airline's fleet of aircraft uses PW engines. About 24 of the airline's 55 planes are grounded due to delays in engine supply by PW.

Auto Industry Sweats As Semiconductor Shortage Persists

Auto Industry Sweats As Semiconductor Shortage Persists

Rediff.com   10 Mar 2023

Open order books in February breach 700,000; wait period for some models exceed a year.

'Dhoni gets the best out of the players'

'Dhoni gets the best out of the players'

Rediff.com   7 Mar 2023

'It is Dhoni, Fleming and the support staff who decide on cricket.' 'The fans expect CSK to do well, and with Dhoni at the helm, CSK is capable of it.'

42% Cars Sold In 2022 Were White

42% Cars Sold In 2022 Were White

Rediff.com   6 Mar 2023

White is easy to maintain, looks brighter than other colours over a longer period, is the least commonly rejected colour among family members, has high resale value, provides better safety at night, absorbs less heat in the summer season, makes small cars look bigger, and is not considered inauspicious.

'Every airport in India is on our radar'

'Every airport in India is on our radar'

Rediff.com   4 Mar 2023

'Domestic will remain very much the core of what IndiGo is.' 'But the emphasis in our next growth phase is going to be on the international side.'

100% Railways Electrification By 2024

100% Railways Electrification By 2024

Rediff.com   3 Mar 2023

India is now much ahead of other large railway networks in the world in terms of electrification -- with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent.

Why electric two-wheelers missed the ambitious 1 million sales target

Why electric two-wheelers missed the ambitious 1 million sales target

Rediff.com   1 Mar 2023

With just a month left in this financial year, electric two-wheeler sales, so far, are at just 62 per cent of the ambitious target of 1 million units set for 2022-23 by the NITI Aayog. According to VAHAN data, compiled by the Society of Manufacturers of Electric Vehicles (SMEV), 620,006 units of electric two-wheelers were sold across the country in FY23 until February 21. Though the industry may miss the 1-million target, sales in FY23 are already up 146 per cent from 249,621 units sold in FY22.

India Lost 30 Tigers In 2 Months

India Lost 30 Tigers In 2 Months

Rediff.com   1 Mar 2023

This is the highest number of tiger deaths in three years.

Why Air India CCTO Deleted LinkedIn Post

Why Air India CCTO Deleted LinkedIn Post

Rediff.com   27 Feb 2023

In a LinkedIn post on Wednesday, February 15, night, Nipun Aggarwal had said Air India, in addition to the order of 470 planes, had the option to purchase 370 aircraft from Airbus and Boeing.

Major global brands finally return to Tiruppur after a long dry spell

Major global brands finally return to Tiruppur after a long dry spell

Rediff.com   26 Feb 2023

Following a gap of several months, global brands like Walmart have started lifting orders from Tiruppur's garment makers, leading to growth in knitwear exports in January after five months. Knitwear exports from Tiruppur increased 1.5 per cent in dollar terms and 11.6 per cent in rupee terms in January. According to the Tiruppur Exporters' Association (TEA), global majors have started placing more orders from the region.

Tata Motors bags India's largest electric vehicle fleet order from Uber

Tata Motors bags India's largest electric vehicle fleet order from Uber

Rediff.com   21 Feb 2023

Tata Motors, India's largest electric passenger vehicle manufacturer, has signed an agreement with ride-hailing company Uber to supply 25,000 electric vehicles (EVs), the company said. The agreement is the largest EV commitment between an automotive manufacturer and a ride-sharing platform in India. Under the agreement, Uber will deploy Tata Motors' XPRES-T EVs by partnering fleet operators in Delhi National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad.

Tata Motors bags largest EV fleet order from Uber

Tata Motors bags largest EV fleet order from Uber

Rediff.com   21 Feb 2023

Tata Motors, India's largest electric passenger vehicle manufacturer, has signed an agreement with ride-hailing company Uber to supply 25,000 electric vehicles (EVs), the company said. The agreement is the largest EV commitment between an automotive manufacturer and a ride-sharing platform in India. Under the agreement, Uber will deploy Tata Motors' XPRES-T EVs by partnering fleet operators in Delhi National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad.

ISRO Satellite, Developed By 750 Schoolgirls

ISRO Satellite, Developed By 750 Schoolgirls

Rediff.com   20 Feb 2023

AzaadiSAT had around 75 small payloads developed by schoolgirls of 75 rural schools.

Maruti share in Suzuki revenue jumps to 40.9% in April-Dec

Maruti share in Suzuki revenue jumps to 40.9% in April-Dec

Rediff.com   8 Feb 2023

Maruti Suzuki's contribution to the sales revenue of its Japanese parent, Suzuki Motor Corporation (SMC), has touched the highest-ever figure during April-December of FY23. According to SMC's results declared on Tuesday, Maruti's share in its global revenues jumped from 33.42 per cent in April-December of FY22 to 40.93 per cent in the corresponding period of FY23.

One year since Tatas took over Air India, here's how the journey has been

One year since Tatas took over Air India, here's how the journey has been

Rediff.com   2 Feb 2023

When the Tatas re-boarded Air India on January 27 last year, the price of aviation turbine fuel was at over Rs 80,000 per kilolitre. Rupee was trading at around Rs 74 to a US dollar. The Omicron variant of Covid-19 was in prevalence - barely a week earlier, India had reported over 340,000 cases on a single day. Seven-day home quarantine of international travellers was the norm.

Nod to Apple's Chinese suppliers may ring in jobs for Sriperumbudur

Nod to Apple's Chinese suppliers may ring in jobs for Sriperumbudur

Rediff.com   30 Jan 2023

Local residents say until about two months ago, this board carried the name of Motorola, which once had a manufacturing unit in Sriperumbudur, 40-odd km from Chennai in Tamil Nadu. In May 2020, Luxshare Precision Industry Co, a China-headquartered AirPods and iPhone assembler, had entered into a deal with the Tamil Nadu government to take over the defunct Motorola unit.

Maruti to roll out first EV next fiscal, five more by FY30

Maruti to roll out first EV next fiscal, five more by FY30

Rediff.com   27 Jan 2023

Maruti will launch its first electric vehicle (EV) in the next financial year (FY24), and will roll out six EVs in the country by FY30, the automaker's parent firm Suzuki said on Thursday.

Tata Motors turns the corner: Swings into profit after 7 quarters

Tata Motors turns the corner: Swings into profit after 7 quarters

Rediff.com   26 Jan 2023

After clocking losses for seven straight quarters, Tata Motors on Wednesday posted a consolidated net profit of Rs 3,043 crore in the third quarter (Q3) of 2022-23. This came on the back of a strong order book, better semiconductor chip supply, tempered commodity prices, and a better product mix. "We remain cautiously optimistic about the demand situation, notwithstanding the global uncertainty.

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.

Honda Motorcycle set to join two-wheeler EV race by March next year

Honda Motorcycle set to join two-wheeler EV race by March next year

Rediff.com   24 Jan 2023

Honda Motorcycle and Scooter India (HMSI), the country's second-largest two-wheeler manufacturer, is planning to launch its first electric vehicle (EV) here by March next year, said CEO & MD Atsushi Ogata on Monday. The company would also enter the low-end motorcycle market in March by launching a 100cc engine bike at a price that will "positively shock" customers, he said while speaking with reporters, after launching the Activa with Honda Smart Key. HMSI's first EV, an electric scooter, will have a fixed battery and the second model will have two swappable batteries, Ogata explained.