Sachin P Mampatta, Sohini Das &Amp; Ruchika Chitravanshi

Stories by Sachin P Mampatta, Sohini Das &Amp; Ruchika Chitravanshi

Maruti, Tatas' Plans To Boost Car Sales

Maruti, Tatas' Plans To Boost Car Sales

Rediff.com   21 Oct 2024

'The customer is fast changing, and she demands newer experiences that wealth can buy.'

'We Are Lucky To Have Modi'

'We Are Lucky To Have Modi'

Rediff.com   16 Oct 2024

'We don't have to go abroad for anything.' 'Anyone who thinks we have a lot to learn from the US needs to have his head examined.' 'We are in a new era.'

155,000 Apply For 91,000 Internships

155,000 Apply For 91,000 Internships

Rediff.com   14 Oct 2024

A shortlist using artificial intelligence would be prepared to identify eligible candidates and match them to the suitable internship opportunity. The shortlist would be shared with the companies on Tuesday, October 15.

Internship Portal To Open Sat Evening!

Internship Portal To Open Sat Evening!

Rediff.com   12 Oct 2024

Internship opportunities have been posted by 193 companies, including Jubilant Foodworks, Maruti, Eicher Motor, L&T, Muthoot Finance and Reliance.

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com   12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

Adulterated Drugs On Decline Amid Crackdown

Adulterated Drugs On Decline Amid Crackdown

Rediff.com   10 Oct 2024

Rise in raids on illicit drug manufacturing units, alongside arrests for the production, sale, or distribution of spurious or adulterated drugs.

Pharma companies fight fakes with smart packaging

Pharma companies fight fakes with smart packaging

Rediff.com   10 Oct 2024

Indian pharmaceutical companies are stepping up their efforts to combat the problem of counterfeit drugs, employing a variety of strategies, from packaging innovations to engaging private investigation agencies. The stakes are high, as counterfeit medicines not only harm consumers but also tarnish the reputation of leading brands.

Hyundai Gears Up For Rs 27,856 Crore IPO

Hyundai Gears Up For Rs 27,856 Crore IPO

Rediff.com   10 Oct 2024

India's second-largest passenger vehicles firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960.

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com   9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

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.'

'Living Standards For Indians Will Rise Steeply'

'Living Standards For Indians Will Rise Steeply'

Rediff.com   5 Oct 2024

'It took us 75 years to reach a per capita income of $2,730.' 'According to IMF projections, it will take only five years to add another $2,000.'

Promoter dilution in small, midcaps surges

Promoter dilution in small, midcaps surges

Rediff.com   4 Oct 2024

The controlling shareholders of smaller and mid-sized companies are reducing their stakes at levels seldom seen since the 2008 global financial crisis. Over 20 per cent of companies listed on BSE MidCap and BSE SmallCap have seen a decline in promoter holdings for five consecutive quarters, reveals data from DSP Mutual Fund, shared with Business Standard. In the latest June quarter, the figure stood at 22.6 per cent.

Listed firms log record operating cash flow of Rs 11.1 trn in FY24

Listed firms log record operating cash flow of Rs 11.1 trn in FY24

Rediff.com   2 Oct 2024

Indian companies are generating more cash than ever. The net cash flow from listed firms' operations hit a new high of Rs 11.1 trillion in financial year 2023-24 (FY24), crossing the Rs 10-trillion mark for the first time, according to the Centre for Monitoring Indian Economy (CMIE) data going back to 1990-91. The FY24 figure represents a 19.3 per cent jump over the previous year, even as quite a few companies are yet to release their numbers.

TaMo makes upgrade to EV easier through used car marketplace

TaMo makes upgrade to EV easier through used car marketplace

Rediff.com   1 Oct 2024

The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, it has already started work with used online car marketplace Spinny.

New Gold Bonds Depend On Market Conditions

New Gold Bonds Depend On Market Conditions

Rediff.com   28 Sep 2024

The government does not seem keen on issuing fresh gold bonds given the overall cost and rising gold prices.

India 2nd country after US to make Mercedes 7-seater

India 2nd country after US to make Mercedes 7-seater

Rediff.com   20 Sep 2024

This is not the first EV that Mercedes would be making in India though. It has been making the EQS sedan here for the last 18 months, and has sold 500 units of the car.

With Veero M&M aims to expand LCV portfolio

With Veero M&M aims to expand LCV portfolio

Rediff.com   19 Sep 2024

Priced at Rs 7.99 lakh for the entry-level product, M&M has launched the diesel and CNG variants of Veero, and an electric version will come in the future.

It's Raining Discounts On Cars!

It's Raining Discounts On Cars!

Rediff.com   13 Sep 2024

'We are seeing one of the highest discounts in recent years across companies.' 'October is a crucial month with several festivals coming up.'

Working capital cycle shortest in 25 yrs at 47.8 days

Working capital cycle shortest in 25 yrs at 47.8 days

Rediff.com   11 Sep 2024

A key indicator of corporate efficiency may now be better than at any time since the turn of the millennium. The net working capital cycle - a crucial measure that tracks the time a company takes to convert current assets like inventory into sales and then collect the money from customers - has seen remarkable improvement. According to data from the Centre for Monitoring Indian Economy (CMIE), the average company needed nearly 90 days to complete this cycle in 1999-2000.

What SEBI's 106 Search Ops Discovered

What SEBI's 106 Search Ops Discovered

Rediff.com   11 Sep 2024

The operations revealed evidence of price and volume manipulation of stocks through the use of platforms like YouTube and WhatsApp.