Samreen Ahmed, Viveat Susan Pinto &Amp;Amp; T E Narasimhan

Stories by Samreen Ahmed, Viveat Susan Pinto &Amp;Amp; T E Narasimhan

Localised lockdowns worry home appliance, auto firms

Localised lockdowns worry home appliance, auto firms

Rediff.com   24 Apr 2021

Durable goods companies and retailers say online sales won't compensate for the fall in offline sales.

April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

Rediff.com   22 Apr 2021

Maharashtra, which contributes between 12 and 15 per cent of appliances sales, announced lockdown-like curbs, meaning there will be no business for the second half of the month as well from the state.

'Covid or not, show must go on'

'Covid or not, show must go on'

Rediff.com   19 Apr 2021

'Post-Covid world will be different from the pre-Covid world.'

Maha curfew: 50% factories may remain shut for next fortnight

Maha curfew: 50% factories may remain shut for next fortnight

Rediff.com   15 Apr 2021

According to the order, all factories producing essential goods and services will remain operational at full capacity.

Vedanta plans Rs 10K-cr copper smelter unit in coastal region

Vedanta plans Rs 10K-cr copper smelter unit in coastal region

Rediff.com   1 Apr 2021

This comes at a time when the group's copper plant in Tamil Nadu remains shut for nearly three years, causing a Rs 5 crore loss every day.

'Sasikala will return with full power if...'

'Sasikala will return with full power if...'

Rediff.com   15 Mar 2021

'If the EPS government falls, Sasikala will return. If EPS wins, he will become an indispensable leader and Sasikala will not be able to return.' T E Narasimhan reports.

Succession saga at Murugappa Group gets murkier

Succession saga at Murugappa Group gets murkier

Rediff.com   11 Mar 2021

Valli Arunachalam had alleged that the group promoters have a gender bias against women getting into the family business and, hence, she and her sister were denied a berth on AIL's board.

How Tamil Nadu has transformed to attract mega investment

How Tamil Nadu has transformed to attract mega investment

Rediff.com   8 Mar 2021

A team of more than 60 people under Neeraj Mittal, an IAS officer, was instrumental in getting up the New Industrial Policy 2021 targeting investments of around Rs 10 trillion by 2025.

Aggregate annual PE deal count over 60% in last 5 yrs

Aggregate annual PE deal count over 60% in last 5 yrs

Rediff.com   3 Mar 2021

With the Indian economy expected to emerge as the third largest by 2030, investors have earmarked significant capital to actively participate in the India growth story.

India Inc opens up purse for employee retention

India Inc opens up purse for employee retention

Rediff.com   26 Feb 2021

Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.

Bumps galore, but auto hubs breathe easy on sales spike

Bumps galore, but auto hubs breathe easy on sales spike

Rediff.com   22 Feb 2021

The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.

Six years after Maggi controversy, Marico serves up instant noodles

Six years after Maggi controversy, Marico serves up instant noodles

Rediff.com   20 Feb 2021

The move is significant since it signals the growing importance of foods in Marico's overall strategy. It also comes six months after Marico stepped into honey, a Rs 1,500-crore category dominated by players such as Dabur.

Will IPL 2021 set a new record for Star Sports?

Will IPL 2021 set a new record for Star Sports?

Rediff.com   18 Feb 2021

IPL 2020 was the first sports tournament to surpass 400 billion viewing minutes.

Made in India: World's 1st 3D printed rocket engine

Made in India: World's 1st 3D printed rocket engine

Rediff.com   17 Feb 2021

The entire engine, Agnilet, is one piece of hardware from start to finish and has zero assembled parts, reports T E Narasimhan.

At Rs 9500 cr, Tatas' buyout of BigBasket will be biggest in online grocery space

At Rs 9500 cr, Tatas' buyout of BigBasket will be biggest in online grocery space

Rediff.com   17 Feb 2021

The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).

PM hands over 'Made-In-India' Arjun battle tank to army

PM hands over 'Made-In-India' Arjun battle tank to army

Rediff.com   15 Feb 2021

The tank, designed, developed, and manufactured by the Defence Research and Development Organisation's Combat Vehicles Research and Development Establishment and made in Tamil Nadu, will be used to protect northern borders.

Why auto sales in January hit speed brake

Why auto sales in January hit speed brake

Rediff.com   10 Feb 2021

Shortage of semiconductors, price hikes pull January auto sales into red. Dec had seen sales grow for 1st time this FY, which dealers called a one-off.

'There is pent-up demand for good films'

'There is pent-up demand for good films'

Rediff.com   10 Feb 2021

Increase in occupancy will pave way for Hindi blockbusters to release, say multiplex operators.

FMCG firms start seeing growth in urban India after months of Covid grief

FMCG firms start seeing growth in urban India after months of Covid grief

Rediff.com   8 Feb 2021

60-65 per cent of the FMCG industry's overall sales come from urban areas; 35-40 per cent from rural areas.

Cricket hits a six after India's Aussie triumph

Cricket hits a six after India's Aussie triumph

Rediff.com   31 Jan 2021

'There is pent-up demand for cricket after last year when no tournaments were played on Indian soil due to the pandemic.'