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

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

The aviator: How Ratan Tata finally made his group fly

The aviator: How Ratan Tata finally made his group fly

Rediff.com   11 Oct 2024

In a December 2012 interview, Ratan Tata, then preparing to step down as chairman of Tata Sons, expressed doubts about the Tata group re-entering the aviation sector, calling it a space plagued by "destructive competition". But beneath that frustration lay nearly two decades of failed attempts to conquer the Indian skies. In 1994, Tata, along with Singapore Airlines, had plans to launch a joint venture (JV) airline in India.

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Rediff.com   9 Oct 2024

Workers' strike at Samsung Electronics plant at Sriperumbudur entered 30th day on Tuesday with no end in sight as Centre of Indian Trade Unions (CITU), the union leading the charge, claimed that its major demands are yet to be fulfilled. This is despite the company agreeing to pay a special incentive to the employees.

Foxconn arm to infuse Rs 13K cr to set up TN factory

Foxconn arm to infuse Rs 13K cr to set up TN factory

Rediff.com   9 Oct 2024

The Tamil Nadu government on Tuesday cleared the Rs 13,180 crore project by Yuzhan Technology, part of Taiwan's Foxconn Group, at Kancheepuram. The unit is reportedly expected to assemble smartphone display modules, which will be one of the first such units to cater to Apple's growing presence in the country. The unit is expected to generate at least 14,000 jobs. Of the 14 existing manufacturing units in the Apple supply chain, seven are based in Tamil Nadu.

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com   8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'

Why Vettaiyan May Become A Blockbuster

Why Vettaiyan May Become A Blockbuster

Rediff.com   8 Oct 2024

'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'

Iran Missile Strike Forces Flight Reroutes

Iran Missile Strike Forces Flight Reroutes

Rediff.com   7 Oct 2024

Flights from Delhi or Bengaluru, while they may still fly over Iran, depending on the route, have alternative paths that may take them through Central Asia or northern routes.

Why 30-Day Samsung Strike Continues

Why 30-Day Samsung Strike Continues

Rediff.com   7 Oct 2024

Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.

Will South Haryana Reward Rao Inderjit Singh?

Will South Haryana Reward Rao Inderjit Singh?

Rediff.com   5 Oct 2024

South Haryana hasn't delivered a chief minister since 1967, when his father Rao Birender Singh was ousted from power. It's a legacy Rao Inderjit Singh is determined to reclaim.

What Air India Plans For Its Crews

What Air India Plans For Its Crews

Rediff.com   4 Oct 2024

Some of the proposed policies have been welcomed by pilots and cabin crew, while others have sparked criticism.

Willing to negotiate with workers directly: Samsung

Willing to negotiate with workers directly: Samsung

Rediff.com   30 Sep 2024

Samsung India is willing to sign a long-term wage settlement and negotiate directly with its workers for an amicable resolution of the dispute, the company's lawyer said on Friday, terming the ongoing employees' strike at the Sriperumbudur plant "illegal". Lawyer Anand Gopalan, who is representing Samsung India in the high court of Chennai and the Kanchipuram District Court, said the company would only negotiate with its workers and not with any third-party leaders.

Is Vijay The Highest Paid Actor In India?

Is Vijay The Highest Paid Actor In India?

Rediff.com   30 Sep 2024

And possibly in all of Asia, going by his reported fee of Rs 275 crore for Thalapathy 69, his coming movie.

Maiden critical minerals auction: A modest showing

Maiden critical minerals auction: A modest showing

Rediff.com   30 Sep 2024

In June last year, India unveiled its first list of 29 critical minerals open for private sector exploration and mining. Since then, 38 critical mineral blocks have been auctioned, but only 14 - less than 37 per cent - have found bidders. This modest achievement was secured only after the Centre conducted a second round of auctions when the first round fell flat, failing to attract the minimum required bidders.

Can Renault India turn around its fortunes?

Can Renault India turn around its fortunes?

Rediff.com   28 Sep 2024

'We are very quickly going to announce the timeline of our launches, which should start giving us the turnaround'

Centre Wants Stalin To End Samsung Strike

Centre Wants Stalin To End Samsung Strike

Rediff.com   26 Sep 2024

Labour Minister Mansukh Mandaviya urges state government 'to intervene for an early and amicable resolution for maintaining a positive manufacturing sector ecosystem'.

'Hybrid vehicles are an intermediate solution'

'Hybrid vehicles are an intermediate solution'

Rediff.com   26 Sep 2024

'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Rediff.com   25 Sep 2024

As the strike by Samsung Electronics employees in Sriperumbudur on the outskirts of Chennai entered its 16th day, the company on Tuesday claimed that it is paying 1.8 times of the average salary that manufacturing workers in the region are getting. "At Samsung India, the welfare of our workers is our top priority. "The average monthly salary of our full-time manufacturing workers at the Chennai plant is 1.8 times the average salary of similar workers employed at other companies in the region,"a Samsung statement said.

The Hotelier Who BJP Apologised To

The Hotelier Who BJP Apologised To

Rediff.com   24 Sep 2024

Sree Annapoorna Sree Gowri Shankar is a familiar name across the country. With over 1,500 employees, it is renowned for its filter coffee and Keerai Vada throughout Tamil Nadu. Its operating revenues range from Rs 100 crore to Rs 500 crore.

'The EV Market Is Hotting Up'

'The EV Market Is Hotting Up'

Rediff.com   21 Sep 2024

'A lot of players such as Maruti and Hyundai are entering the market in the first and the second quarters of 2025.'

Why Are Samsung Workers On Strike?

Why Are Samsung Workers On Strike?

Rediff.com   21 Sep 2024

According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.

JSW MG to launch 4 luxury cars

JSW MG to launch 4 luxury cars

Rediff.com   20 Sep 2024

The first luxury car will be launched in the first quarter of 2025 and the company is planning to open 12 'MG Select' showrooms in the next six months.