Sachin P Mampatta &Amp; Shine Jacob

Stories by Sachin P Mampatta &Amp; Shine Jacob

Caste Is Back In The Electoral Equation

Caste Is Back In The Electoral Equation

Rediff.com   20 Nov 2023

Bihar has fertile grounds for caste to emerge as an electoral issue.

Wilful Defaulters Dues Rise To Rs 100 Crores Per Day

Wilful Defaulters Dues Rise To Rs 100 Crores Per Day

Rediff.com   17 Nov 2023

Wilful defaulters owe SBI Rs 80,000 crore. 10 nationalised banks are owed another Rs 1.5 trillion.

Mutual Funds Invested In Nearly 1,000 Companies

Mutual Funds Invested In Nearly 1,000 Companies

Rediff.com   16 Nov 2023

The number of companies had touched a low of 792 in July 2020 amid heightened uncertainty because of COVID-19.

'Growth during the second half should be good'

'Growth during the second half should be good'

Rediff.com   12 Nov 2023

'With NPA under control, we should be able to post better profits.'

What's taking the sheen off Sivakasi's firecracker sales?

What's taking the sheen off Sivakasi's firecracker sales?

Rediff.com   30 Oct 2023

A complete ban on firecrackers in Delhi until January 1, the government's refusal to grant licences for sales in Karnataka, and restrictions in the Noida region are adversely affecting the business of manufacturers in Tamil Nadu's Sivakasi, which produces over 90 per cent of India's fireworks. According to industry players, demand has decreased by 20 per cent compared to last year. Moreover, the ban on the use of barium nitrate and the manufacturing and sale of joint fireworks is also impacting demand.

Demand For Choppers Soar As Elections Near

Demand For Choppers Soar As Elections Near

Rediff.com   30 Oct 2023

In the months to come, the skies above promise to be a captivating theatre of action, where helicopters play starring roles, ferrying leaders, and echoing the pulse of democracy.

IMEC: Project Biden Thinks Hamas Targeted

IMEC: Project Biden Thinks Hamas Targeted

Rediff.com   26 Oct 2023

Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.

At 1.3 million, two-wheeler sales cross pre-Covid figs of September 2019

At 1.3 million, two-wheeler sales cross pre-Covid figs of September 2019

Rediff.com   26 Oct 2023

The two-wheeler segment is, however, still far from its H1FY19 peak of 9.7 million units

Number of women in blue-collar jobs increasing across manufacturing sector

Number of women in blue-collar jobs increasing across manufacturing sector

Rediff.com   20 Oct 2023

"Lady candidates need not apply." So read the postscript in a job notice from Telco (now Tata Motors) on a notice board in the corridors of the Indian Institute of Science, Bangalore (now Bengaluru), in 1974. Irked, Sudha Murty, who was then pursuing her masters in computer science at the institute, wrote a postcard to JRD Tata, expressing her surprise at this gender discrimination, especially since the Tata Group were pioneers on many fronts. Shortly, Murty became the first woman on the firm's shop floor.

Israel trade with India doubled after Covid-19 pandemic

Israel trade with India doubled after Covid-19 pandemic

Rediff.com   16 Oct 2023

India's trade ties with Israel have only strengthened in the years after 2019. The total value of trade rose to $10.5 billion on a rolling four-quarter basis in June 2023 from $5.5 billion in the same month in 2019, shows a Business Standard analysis of data from the Centre for Monitoring Indian Economy (CMIE). A rolling four-quarter number provides a comparable figure across different time periods.

Select unsecured loans up by nearly Rs 7 trillion since 2019

Select unsecured loans up by nearly Rs 7 trillion since 2019

Rediff.com   16 Oct 2023

People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Bank lending for buying consumer durables and funding of credit cards and other personal loans have risen by Rs 6.9 trillion between August 2019 and August 2023, shows a Business Standard analysis of data from the Reserve Bank of India (RBI). These loans are typically unsecured, which means they are provided without collateral.

Indian Wheels for Vande Bharat Trains

Indian Wheels for Vande Bharat Trains

Rediff.com   7 Oct 2023

India's iconic Vande Bharat train project may finally find a solution to its two Russian-related issues.

NSE makes more money than 98% of companies listed on it

NSE makes more money than 98% of companies listed on it

Rediff.com   22 Sep 2023

The stock exchange on which they are traded boasts higher profits than most of the companies whose shares are hitting new highs. Only 37 of approximately 2,000 listed companies with comparable data for 2022-23 (FY23) reported higher profits, while the rest had lower profits. Despite rising corporate profitability, the universe of companies that outperform the National Stock Exchange (NSE) in terms of profitability has been shrinking of late, according to an analysis of companies with comparable data over the past seven years.

Nipah Is Keeping Kerala Tourists At Bay

Nipah Is Keeping Kerala Tourists At Bay

Rediff.com   21 Sep 2023

The tourism industry expects a short-term impact, as it is counting on the state's proven expertise in managing such crises.

Why Odds Are Against New Mutual Funds

Why Odds Are Against New Mutual Funds

Rediff.com   21 Sep 2023

Meaningful market share would go to those who have the distribution strength to push their products, such as banks.

Govt in talks with SII for Nipah antibody, may put imports on hold

Govt in talks with SII for Nipah antibody, may put imports on hold

Rediff.com   21 Sep 2023

Given the recurring outbreaks in the last five years, the government is considering domestic manufacturing of monoclonal antibodies for treating Nipah virus infections and is in talks with Serum Institute of India, report Shine Jacob and Sohini Das.

This is how Kerala brought Nipah under control in no time

This is how Kerala brought Nipah under control in no time

Rediff.com   20 Sep 2023

Kerala is the only state, other than West Bengal (2001 and 2007), in India to have reported Nipah virus cases. Kerala is the only state, other than West Bengal (2001 and 2007), in India to have reported Nipah virus cases. The previous outbreaks in the state were in May 2018, June 2019 and September 2021. This explains the anticipation and readiness this year, reports Shine Jacob.

Sanatan Dharma Controversy: Why Stalin Is Unflustered

Sanatan Dharma Controversy: Why Stalin Is Unflustered

Rediff.com   20 Sep 2023

Any narrative against the Dravidian model may impact the BJP's prospects in Tamil Nadu. This may explain why the BJP in Tamil Nadu is placing more emphasis on corruption allegations against the DMK, even as the party focuses nationally on the Sanatana controversy.

'Inputs ignored': Dhanlaxmi Bank independent director resigns from board

'Inputs ignored': Dhanlaxmi Bank independent director resigns from board

Rediff.com   18 Sep 2023

Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. In his resignation letter, Kalyanasundaram has raised issues like factionalism in the board, his differences regarding rights issue and the alleged 'lack of in depth banking knowledge' in other members. This comes after Ravindran Pillai, head of RP Group, who holds 9.99 per cent stake in the bank (largest shareholder), came out with a special notice for removal of Kalyanasundaram.

Rice Economy Faces Turmoil as El Nino Turns Up Heat

Rice Economy Faces Turmoil as El Nino Turns Up Heat

Rediff.com   15 Sep 2023

In the coming months, globally as well as in India, rice might remain a hot potato.