Shally Seth Mohile, Shivani Shinde &Amp;Amp; Shine Jacob

Stories by Shally Seth Mohile, Shivani Shinde &Amp;Amp; Shine Jacob

Collectors' items: Some of these exotic pets cost Rs 150,000!

Collectors' items: Some of these exotic pets cost Rs 150,000!

Rediff.com   3 Jul 2022

White-lipped tamarin is a type of monkey that lives in the Amazon area of Brazil and Bolivia. Prevost's squirrel is a colourful species from the forests in the Thai-Malay Peninsula and nearby islands. Sugar gliders are tiny marsupials - 6.3 to 8.3 inches in length - native to Australia.

Foxconn likely to set up EV manufacturing unit in India

Foxconn likely to set up EV manufacturing unit in India

Rediff.com   30 Jun 2022

In a boost to the electric vehicle boom in India, Taiwanese major Hon Hai Technology Group (aka Foxconn) is likely to set up an EV manufacturing unit in India through its subsidiary Foxtron. Amid speculation that the company may look at Tamil Nadu and probably the Ford India unit near Chennai for its new facility, sources indicate that the group was already betting big in the electric vehicle component space in India through Bharat FIH, which is already having a tie up with companies like Ola Electric and Ather. Bharat FIH currently has two manufacturing units in Tamil Nadu's Sriperumbudur that manufactures phones like Apple iPhones and Xiaomi phones.

Domestic crude oil producers get marketing freedom, exports not allowed

Domestic crude oil producers get marketing freedom, exports not allowed

Rediff.com   30 Jun 2022

In a move that may boost the Indian hydrocarbon industry and bring more investments into the sector, the Union Cabinet on Wednesday decided to give marketing freedom to domestic crude oil producers, allowing them to sell petroleum to any company in the local market. The move is set to be beneficial for major crude oil producers, such as state-run Oil and Natural Gas Corporation (ONGC) and Oil India, and private sector majors like Vedanta's Cairn Oil and Gas and Reliance Industries. As of May 31, India was dependent on imports for 86 per cent of its crude oil consumption; domestic production sufficed the remaining 14 per cent demand.

How the Japanese Yen's troubles are bringing a smile to Maruti Suzuki

How the Japanese Yen's troubles are bringing a smile to Maruti Suzuki

Rediff.com   28 Jun 2022

The recent currency volatility - rupee's depreciation against international currencies - may have given heartburns to automakers that rely on imports or pay royalty to parent companies abroad. But for Maruti Suzuki India, favourable movement of the yen - the currency that matters the most - against the Indian rupee, has given it reasons to cheer. The yen's sharp fall against the rupee and the rupee's depreciation against the US dollar, which in turn will bump up export realisations, are set to give a margin boost to the maker of Baleno and Brezza, said analysts. The softening of commodity prices and slew of new SUV launches in the coming months will also aid margins, they said.

7 out of 9 neighbouring nations charge less for petrol than India

7 out of 9 neighbouring nations charge less for petrol than India

Rediff.com   28 Jun 2022

Amid news of a fuel shortage in some parts of the country and wider unrest over fuel issues in the neighbourhood, an analysis of the data from international tracker globalpetrolprices.com shows that the per litre price of petrol is higher in India than in seven out of its nine neighbours.

Domestic toy makers see surge in sales after dip in Chinese imports

Domestic toy makers see surge in sales after dip in Chinese imports

Rediff.com   27 Jun 2022

According to industry sources, domestic toy manufacturers are seeing a sharp rise in sales during the current financial year. On January 1, 2021, India had banned the sale of toys that are not certified by the Bureau of Indian Standards (BIS). This meant that all factories churning out toys to be sold in India had to be certified by the bureau along with mandatory product testing, including for units abroad.

'The opportunity for tech is massive'

'The opportunity for tech is massive'

Rediff.com   27 Jun 2022

'A lot of the emphasis when we hire graduates is the learning for these new technologies -- whether it's cloud and digital data analytics, cybersecurity, or IoT, but also some of the new ones, such as Metaverse or other newer areas.'

'The concept of 'One Infosys' will be crucial'

'The concept of 'One Infosys' will be crucial'

Rediff.com   24 Jun 2022

'We spent considerable time re-skilling all the employees, and then we created a new focus called the 'One Infosys'.'

Twin setbacks put Pinarayi on a sticky wicket

Twin setbacks put Pinarayi on a sticky wicket

Rediff.com   23 Jun 2022

For Pinarayi, a victory in Thrikkakara would have come as public endorsement of his development initiatives, including controversial K-Rail project, which has witnessed widespread protest

India stares at fuel shortage with spike in under-recovery at OMCs

India stares at fuel shortage with spike in under-recovery at OMCs

Rediff.com   23 Jun 2022

As oil marketing companies (OMCs) stare at huge under-recoveries, India is facing fuel shortage across the country with states like Rajasthan, Madhya Pradesh, Karnataka Uttarakhand, Gujarat and Haryana being the worst hit. The under-recoveries suffered by OMCs are around Rs 20-25 a litre for diesel and Rs 14-18 a litre for petrol, said sources. Government and state-run companies denied reports of any crisis or supply-side issues on the availability of fuel.

Google executive warns against sharing of citizen data

Google executive warns against sharing of citizen data

Rediff.com   23 Jun 2022

Google's chief privacy officer, Keith Enright, has warned policymakers that frequent and large-scale sharing of citizen data, even if anonymized, can damage users' privacy. Pointing to research that shows data sets lose their anonymity if shared consistently over time, he said: "I would encourage policymakers and companies to be extremely circumspect while proceeding in that direction." Anonymization is a technique that removes or modifies personally identifiable information, resulting in data that cannot be associated with any one individual.

Game Streaming the Next Hot Career?

Game Streaming the Next Hot Career?

Rediff.com   23 Jun 2022

Game streaming is becoming a serious professional choice for youth, as it allows them to make good money.

About 50% of Ford's Chennai employees agree to restart production

About 50% of Ford's Chennai employees agree to restart production

Rediff.com   21 Jun 2022

At least 50 per cent of the 2,000-odd employees at Ford's Chennai factory have agreed to restart work at the unit, a Ford India official said on Monday. The plant had to shut down due to a staff strike that started on May 30. The company also warned protesting workers of loss of pay, effective June 14, and urged them to get back to the shopfloor. Ford said it would continue to hold talks with the unions.

Restaurant to jewellery, brands make a beeline for metaverse

Restaurant to jewellery, brands make a beeline for metaverse

Rediff.com   21 Jun 2022

'We're seeing major Bollywood celebrities, fashion icons, and even movie studios all wanting to build Metaverse experiences'

M&M to set up first tractor plant in decade in Mohali

M&M to set up first tractor plant in decade in Mohali

Rediff.com   20 Jun 2022

Mahindra & Mahindra (M&M) is setting up a greenfield tractor plant in Mohali near Punjab. Fueled by a strong domestic demand, the expansion is the first in a decade by the world's largest tractor maker. In 2012, the company had set up a facility at Zaheerabad in Telangana.

Auto sector poised for double-digit growth in FY23 after 3 years

Auto sector poised for double-digit growth in FY23 after 3 years

Rediff.com   17 Jun 2022

While commercial vehicles are expected to benefit from strong replacement demand, the two-wheeler and tractor segments are expected to gain from a recovery in the rural economy.

How to stay secure as cybercrime runs rampant in India

How to stay secure as cybercrime runs rampant in India

Rediff.com   14 Jun 2022

Like software-as-a-service (SaaS), CaaS has emerged as a well-orchestrated ecosystem for cybercriminals.

Will Tamil Nadu govt step in to rescue Ford India workers?

Will Tamil Nadu govt step in to rescue Ford India workers?

Rediff.com   13 Jun 2022

An unhappy, restive mood prevails at the Ford factory Maraimala Nagar, 50 km from Chennai, and the surrounding area. The security is tight - not just Ford security personnel but also Tamil Nadu state police who are posted at the main gate. From September 9, when Ford India announced it was phasing out its units in India and leaving, workers at its manufacturing unit at Maraimala Nagar have held onto one hope: that the state government will step in to save their jobs.

Dropout Who Built $100 Mn PhysicsWallah

Dropout Who Built $100 Mn PhysicsWallah

Rediff.com   13 Jun 2022

'With our focus and strategy we can solve at least 20 per cent per cent of India's education problems.'

Ford India lines up 'non-negotiable' severance package for workers

Ford India lines up 'non-negotiable' severance package for workers

Rediff.com   13 Jun 2022

Giving a fresh twist to the Ford India employees' strike at the firm's Maraimalai Nagar factory, the company has set the deadline for Monday evening for workers to accept a 'non-negotiable' severance package it is offering. It also indicated the possibility of legal action against workers from June 14 (Tuesday) and warned of early closure of the unit, before completing remaining export volume production. For the past 14 days, some 2,000 employees at the unit had struck work, seeking a better package from the company.