Shine Jacob &Amp; Sanjeeb Mukherjee

Stories by Shine Jacob &Amp; Sanjeeb Mukherjee

Will a fresh wave of Covid-19 hit India?

Will a fresh wave of Covid-19 hit India?

Rediff.com   31 Mar 2023

According to Rajeev Jayadevan, co-chairman, national Indian Medical Association Covid Task Force, the current scenario qualifies as a wave.

South Indian Bank to name new CEO by May as Ramakrishnan announces exit

South Indian Bank to name new CEO by May as Ramakrishnan announces exit

Rediff.com   30 Mar 2023

South Indian Bank is likely to name a new managing director (MD) and chief executive officer (CEO) by May end, said the Thrissur-based lender on Wednesday. The bank's shares dipped some 14 per cent at one point after MD and CEO Murali Ramakrishnan said he will not apply for an extension when his tenure ends on September 30, citing personal reasons. The bank's board on Tuesday considered Ramakrishnan's request for not intending to continue on his post and appointed a search committee for his replacement.

Luxury Carmakers Eye Small Towns

Luxury Carmakers Eye Small Towns

Rediff.com   28 Mar 2023

Many of these companies have a waiting period from 6-18 months now, indicating a rise in demand.

Modi Prepares Govt For Harsh Summer

Modi Prepares Govt For Harsh Summer

Rediff.com   24 Mar 2023

Prime Minister Modi last week called for optimal grain storage, fire audits and mock drills in hospitals as preparations for the harsh summer forecast by the meteorological department.

'Complete fiction': Zoho CEO Vembu denies wife's allegations in magazine

'Complete fiction': Zoho CEO Vembu denies wife's allegations in magazine

Rediff.com   15 Mar 2023

Sridhar Vembu, Zoho Corp's chief executive officer (CEO), said on Tuesday a report that he financially abandoned his wife and son is "complete fiction". An article in Forbes magazine alleged Vembu, founder of the Indian SaaS company, had abandoned his wife Pramila Srinivasan and their special needs son in the US in 2020. Srinivasan and Vembu are fighting a divorce case in California.

'We are exploring setting up an aerotropolis'

'We are exploring setting up an aerotropolis'

Rediff.com   10 Mar 2023

'We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.'

Auto Industry Sweats As Semiconductor Shortage Persists

Auto Industry Sweats As Semiconductor Shortage Persists

Rediff.com   10 Mar 2023

Open order books in February breach 700,000; wait period for some models exceed a year.

'Dhoni gets the best out of the players'

'Dhoni gets the best out of the players'

Rediff.com   7 Mar 2023

'It is Dhoni, Fleming and the support staff who decide on cricket.' 'The fans expect CSK to do well, and with Dhoni at the helm, CSK is capable of it.'

100% Railways Electrification By 2024

100% Railways Electrification By 2024

Rediff.com   3 Mar 2023

India is now much ahead of other large railway networks in the world in terms of electrification -- with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent.

Farm sector to grow 3.7% in Oct-Dec on kharif output

Farm sector to grow 3.7% in Oct-Dec on kharif output

Rediff.com   3 Mar 2023

The Gross Value Added (GVA) in agriculture and allied activities is projected to clock its best growth in FY23 during the October-to-December quarter, at 3.7 per cent, on the back of a strong kharif harvest, according to the second advance estimates of national income. In the third quarter of FY22, GVA in the sector was 2.3 per cent at constant prices. At current prices, the growth in the third quarter of this financial year is projected at 8.6 per cent, which is almost at the same level in the corresponding quarter of FY22.

Why electric two-wheelers missed the ambitious 1 million sales target

Why electric two-wheelers missed the ambitious 1 million sales target

Rediff.com   1 Mar 2023

With just a month left in this financial year, electric two-wheeler sales, so far, are at just 62 per cent of the ambitious target of 1 million units set for 2022-23 by the NITI Aayog. According to VAHAN data, compiled by the Society of Manufacturers of Electric Vehicles (SMEV), 620,006 units of electric two-wheelers were sold across the country in FY23 until February 21. Though the industry may miss the 1-million target, sales in FY23 are already up 146 per cent from 249,621 units sold in FY22.

Farm to fork: Going in favour of the grain

Farm to fork: Going in favour of the grain

Rediff.com   27 Feb 2023

In the coming few weeks, agriculture markets in North and Central India will be full of wheat, mustard, and chana - the three main rabi crops grown in these parts. Not only will the price trajectory of these determine the course of food inflation in the months to come, but it could also have a wider impact on the rural economy in the main growing states for these crops. Wheat and chana are largely grown in Madhya Pradesh (MP).

India limits wheat exports through the govt route as prices rise

India limits wheat exports through the govt route as prices rise

Rediff.com   27 Feb 2023

India has put curbs on wheat exports through the government route, starting November last year. This comes amid a surge in domestic prices of the cereal. In December, India exported 391 tonnes of wheat to Bangladesh and Bhutan. In November 2022, it had exported 375 tonnes of wheat only to Bhutan.

Major global brands finally return to Tiruppur after a long dry spell

Major global brands finally return to Tiruppur after a long dry spell

Rediff.com   26 Feb 2023

Following a gap of several months, global brands like Walmart have started lifting orders from Tiruppur's garment makers, leading to growth in knitwear exports in January after five months. Knitwear exports from Tiruppur increased 1.5 per cent in dollar terms and 11.6 per cent in rupee terms in January. According to the Tiruppur Exporters' Association (TEA), global majors have started placing more orders from the region.

March heat to shape up wheat output this year in North India: Experts

March heat to shape up wheat output this year in North India: Experts

Rediff.com   22 Feb 2023

Temperatures in March will be critical to determining the impact of any unusual heatwave conditions on this year's wheat crop in North India. It is that time of the year when the crop enters its vital grain-filling stage, say meteorologists and crop experts. So far, the high day temperatures in the North are not believed to have any significant impact on the final yields since the crop hasn't entered a stage where heat affects yields.

ISRO Satellite, Developed By 750 Schoolgirls

ISRO Satellite, Developed By 750 Schoolgirls

Rediff.com   20 Feb 2023

AzaadiSAT had around 75 small payloads developed by schoolgirls of 75 rural schools.

Government Cracks Down On FCI Racket

Government Cracks Down On FCI Racket

Rediff.com   14 Feb 2023

'The corruption charges in FCI are not the first and won't be the last.'

As El Nino returns with hotter summer, India braces for impact on monsoon

As El Nino returns with hotter summer, India braces for impact on monsoon

Rediff.com   30 Jan 2023

Several global models are predicting El Nio to appear around the second half of the year, which are the crucial rain-bearing months.

Nod to Apple's Chinese suppliers may ring in jobs for Sriperumbudur

Nod to Apple's Chinese suppliers may ring in jobs for Sriperumbudur

Rediff.com   30 Jan 2023

Local residents say until about two months ago, this board carried the name of Motorola, which once had a manufacturing unit in Sriperumbudur, 40-odd km from Chennai in Tamil Nadu. In May 2020, Luxshare Precision Industry Co, a China-headquartered AirPods and iPhone assembler, had entered into a deal with the Tamil Nadu government to take over the defunct Motorola unit.

GM, Ford switch off India ops but unable to exit

GM, Ford switch off India ops but unable to exit

Rediff.com   25 Jan 2023

Both are finding it difficult to sell one each of their plants -- Chennai Maraimalai Nagar (Ford) and Talegaon near Pune (GM) -- and are finding the road blocked by employee severance snarl-ups, report Sohini Das and Shine Jacob.