Peerzada Abrar &Amp; Subhayan Chakraborty

Stories by Peerzada Abrar &Amp; Subhayan Chakraborty

Balancing green concerns with soaring energy demand

Balancing green concerns with soaring energy demand

Rediff.com   18 Jun 2024

Rising energy demand could tilt India's energy basket towards fossil fuels from coal to oil, natural gas.

'There's a noticeable trend towards blending Western and Indian styles'

'There's a noticeable trend towards blending Western and Indian styles'

Rediff.com   16 Jun 2024

'The demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick.'

How Trai Plans To Scuttle Scams

How Trai Plans To Scuttle Scams

Rediff.com   15 Jun 2024

Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.

China Remains Jaishankar's Main Problem

China Remains Jaishankar's Main Problem

Rediff.com   15 Jun 2024

'China is India's primary strategic challenge, which will not go away.

Telcos reiterate demands over FSC, 6 GHz spectrum

Telcos reiterate demands over FSC, 6 GHz spectrum

Rediff.com   13 Jun 2024

Telecom service providers have doubled down on their demands for a proposed fair-share charge (FSC) to be levied on major over-the-top (OTT) service providers, opening up the 6 GHz spectrum band and increasing the number of testing labs for telecommunication products. Telecom industry body Cellular Operators Association of India (COAI) on Wednesday said these were the topmost demands for Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government. The industry body wants this additional capital expenditure to be borne by these Large Traffic Generator (LTGs) OTTs as a proposed fair-share charge.

BPCL divestment completely off the table, says Hardeep Singh Puri

BPCL divestment completely off the table, says Hardeep Singh Puri

Rediff.com   12 Jun 2024

BPCL is a high revenue-earning public-sector undertaking (PSU) and plans to privatise it are completely off the table, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday after assuming charge of the ministry for the second time. "Why would we divest ourselves of highly successful Maharatnas like BPCL," Puri said, arguing the Centre was not in favour of divesting its stake in oil PSUs.

2,000 Ex-Byju's Staff Fight For Dues

2,000 Ex-Byju's Staff Fight For Dues

Rediff.com   30 May 2024

'When I called the HR department, they abused me.'

Spectrum auctions: Airtel likely to edge past Jio

Spectrum auctions: Airtel likely to edge past Jio

Rediff.com   29 May 2024

Bharti Airtel may end up cumulatively bidding for more spectrum than market leader Reliance Jio in the upcoming auctions. This is owing to its need for spectrum renewal, and a requirement for 900 MHz in a few circles, analysts have said. Despite the muted bidding expected in the upcoming auctions, Airtel may end up making more bids than Jio, they added.

Licious gears up for IPO with new CFO, profit pursuit

Licious gears up for IPO with new CFO, profit pursuit

Rediff.com   29 May 2024

Fresh meat and seafood delivery unicorn Licious is intensifying its talent acquisition endeavours as it pursues profitability and readies for an initial public offering (IPO) within the next 24 months. Delightful Gourmet, Licious' parent company, has named 39-year-old Karishma Gupta as its new chief financial officer (CFO). Her appointment aligns with Licious' drive for profitable growth through an omnichannel strategy.

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Rediff.com   23 May 2024

Several firms are stepping up to help their workforce cope with soaring temperatures

India's internet economy likely to reach $1 trillion by 2030: Experts

India's internet economy likely to reach $1 trillion by 2030: Experts

Rediff.com   17 May 2024

India's internet economy is estimated to reach $1 trillion by 2030, primarily due to e-commerce, which is expected to be worth $325 billion and rank third globally, according to industry experts. Last year marked a crucial turning point for India's e-commerce sector, with notable changes in consumer trends, technology, and regulations. InGovern Research Services, a leading corporate governance advisory firm, hosted a virtual roundtable to deliberate on the notable developments in India's e-commerce sector in 2023, with a particular focus on the essential role of customer trust in fueling its ongoing expansion.

Amazon infuses Rs 1,600 crore into India entity

Amazon infuses Rs 1,600 crore into India entity

Rediff.com   15 May 2024

Ecommerce firm Amazon has infused ~1,600 crore into its India entity Amazon Seller Services, according to its regulatory filings. The funding comes at a time when the company is seeing opportunities in emerging geographies, including India. The regulatory filings are dated April 15. This is the second time in five months that Amazon invested in its India arm Amazon Seller Services. Before this, Amazon had infused over ~1,000 crore into its Indian entity this year.

How DoT Plans To Check Rising Spam

How DoT Plans To Check Rising Spam

Rediff.com   15 May 2024

Launched in March, it triggers re-verification of suspected fraudulent numbers. Failing re-verification, the number will be disconnected.

Analysts wary of Vodafone Idea's falling subscribers, broadband users

Analysts wary of Vodafone Idea's falling subscribers, broadband users

Rediff.com   14 May 2024

Vodafone Idea's (Vi's) subscriber loss reduced to a seven-month low in March, and alongside the company added 1.1 million broadband users after two months of net loss -- two things analysts have noted as key trends that need to be monitored. While Vi has been losing customers for more than two and a half years now, the churn reduced to below a million after five straight months in March, the Telecom Regulatory Authority of India (Trai) data has shown. "Jio's softer than usual subscriber growth in March, and VIL's slowing subscriber market share loss are key trends to keep an eye on going forward," global investment banking and financial services major UBS said in an analyst note.

Byju's unveils new sales model for growth, managers to act as mentors

Byju's unveils new sales model for growth, managers to act as mentors

Rediff.com   9 May 2024

In a bid to democratise education, cash-strapped edtech firm Byju's has significantly reduced the prices of its products. The annual subscription fee for the Byju's Learning App now stands at Rs 12,000 (inclusive of taxes) per year, while Byju's Classes and Byju's Tuition Centres (BTC) are priced at Rs 24,000 and Rs 36,000 respectively for a full year of classes, according to the sources.

Nilekani-backed people+ai rolls out AI strategy...

Nilekani-backed people+ai rolls out AI strategy...

Rediff.com   8 May 2024

An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India). It aims to harness AI as a powerful tool to enhance the lives of all Indians. The event marked the rollout of several initiatives by people+ai that are focused on discovering, demonstrating, and disseminating population-scale AI use cases for India.

'Now China Is Afraid'

'Now China Is Afraid'

Rediff.com   4 May 2024

'Ladakh will be dealt with in Modi's third term.'

Byju's may pay April salary to employees this week

Byju's may pay April salary to employees this week

Rediff.com   3 May 2024

Cash-strapped edtech firm Byju's is likely to pay its employees the April salaries this week, according to sources. The company is grappling with the issue of delays in paying salaries to employees. "There has been a delay in salary. It is expected to be now paid sometime this week," said a person.

Licious eyes IPO in 24 months, 500 stores in five years

Licious eyes IPO in 24 months, 500 stores in five years

Rediff.com   2 May 2024

The fresh meat and seafood delivery startup Licious plans to set up 500 stores nationwide within the next five years as part of an omnichannel strategy. The aim is to attract new users in the offline channel and encourage them to transact online as well. The move would also help the company in its efforts to achieve profitability and go for an initial public offering (IPO) in the next 24 months, according to the sources.

West Asia tensions stall India's plans to import crude oil from Iran

West Asia tensions stall India's plans to import crude oil from Iran

Rediff.com   18 Apr 2024

The latest flashpoint in West Asia has derailed India's preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports. "We are always monitoring the situation when it comes to crude flows.