Shine Jacob &Amp;Amp; Abhijit Lele

Stories by Shine Jacob &Amp;Amp; Abhijit Lele

Focus On 26 EV Launches, Charging Infra At Auto Expo

Focus On 26 EV Launches, Charging Infra At Auto Expo

Rediff.com   4 Feb 2025

With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.

Trump's Tariff War: India Waits, Watches

Trump's Tariff War: India Waits, Watches

Rediff.com   3 Feb 2025

'We have to be prepared for the larger disruption that is likely to take place.'

'MRF is now world's 11th largest tyre company'

'MRF is now world's 11th largest tyre company'

Rediff.com   31 Jan 2025

'The favourable rupee-dollar exchange rate, there are opportunities we can tap.'

Thoothukudi ahoy! Adani, Vedanta in race for port project

Thoothukudi ahoy! Adani, Vedanta in race for port project

Rediff.com   23 Jan 2025

The project is critical as the region expects huge investments in the automotive, renewable energy, and space sectors.

Eicher enters 2-3.5 tonne segment with electric SCV

Eicher enters 2-3.5 tonne segment with electric SCV

Rediff.com   22 Jan 2025

The Eicher Pro X is assembled on an all-women assembly line.

Why Ashok Leyland has forayed into mini-truck segment

Why Ashok Leyland has forayed into mini-truck segment

Rediff.com   20 Jan 2025

'This market for diesel starts at around Rs 6.3 lakh and goes up to Rs 7 lakh, and with Saathi we have our usual price set at Rs 6.5 lakh, so we are slightly on the lower side with a superior product.'

Hyundai Bets Big On EV infrastructure

Hyundai Bets Big On EV infrastructure

Rediff.com   20 Jan 2025

The charging infrastructure expansion includes the setup of over 600 DC charging stations by 2030 (including company-owned and company-operated ones) in addition to partnerships with over 10,200 charging points, collaborating with operators like Shell, Charge Zone, and Statiq.

Rupee Slide: Tough Times For Overseas Corporate Debt

Rupee Slide: Tough Times For Overseas Corporate Debt

Rediff.com   16 Jan 2025

Raising overseas debt has become prohibitively expensive due to the depreciating rupee.

Infy founder's son to launch E2W at Bharat Mobility

Infy founder's son to launch E2W at Bharat Mobility

Rediff.com   14 Jan 2025

Numeros Motors is also planning to come up with a passenger vehicle four-wheeler or a three-wheeler by 2027.

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Rediff.com   14 Jan 2025

In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.

Broad-based corporate capex recovery unlikely in FY26: India Ratings

Broad-based corporate capex recovery unlikely in FY26: India Ratings

Rediff.com   10 Jan 2025

India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and external demand. The uncertainty is adversely affecting the overall corporate sector capex. Interest rates on credit are not the primary deterrent to decisions about capital expenditure, said Soumyajit Niyogi, director, core analytical group, Ind-Ra, in a webinar on the credit market outlook.

UPI transactions surge to record 16.73 bn in Dec; value at Rs 23.25 trn

UPI transactions surge to record 16.73 bn in Dec; value at Rs 23.25 trn

Rediff.com   2 Jan 2025

Unified Payments Interface (UPI) transactions saw an 8 per cent month-on-month increase in volume to 16.73 billion in December, the highest volume for the digital system since it became operational in April 2016. The value also increased by 8 per cent to Rs 23.25 trillion, up from Rs 21.55 trillion in November.

Mercedes Rules Luxury Cars Segment

Mercedes Rules Luxury Cars Segment

Rediff.com   21 Dec 2024

For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way

Space Kidz Is Planning A Moon Mission

Space Kidz Is Planning A Moon Mission

Rediff.com   17 Dec 2024

If it becomes a reality, the Chennai-based company will become the first private player from India to conduct such a mission to the lunar surface.

Adidas, Nike supplier Hong Fu enters India to foot manufacturing push

Adidas, Nike supplier Hong Fu enters India to foot manufacturing push

Rediff.com   17 Dec 2024

Taiwanese footwear major Hong Fu Industrial Group - a supplier to Nike, Converse, Vans, UGG, Puma, Adidas, Reebok, HOKA, Under Armour, and ON (a Swiss sportswear brand) -marked its India entry on Monday, with the ground breaking ceremony of the Rs 1,500-crore footwear manufacturing facility at the SIPCOT Industrial Park in Panapakkam, nearly 85 kms from Chennai.

This is one of the largest health-care deals in India

This is one of the largest health-care deals in India

Rediff.com   13 Dec 2024

'Along with Blackstone, we would be keen to look at opportunities in the North.'

What Are New RBI Governor's Challenges?

What Are New RBI Governor's Challenges?

Rediff.com   10 Dec 2024

'Challenge is basically near-term growth as the outlook has turned a bit adverse.'

'Har Ghar Lakhpati': SBI's new mantra for deposit accretion

'Har Ghar Lakhpati': SBI's new mantra for deposit accretion

Rediff.com   9 Dec 2024

At a time when banks are finding it challenging to mobilise resources, State Bank of India (SBI)-the country's largest lender-has devised a three-pronged strategy to boost deposit accretion. First is an aspirational product that promises to make depositors lakhpatis by helping them grow their deposits to Rs 1 lakh through recurring deposit (RD) schemes.

Dhoni Beats Bachchan, SRK!

Dhoni Beats Bachchan, SRK!

Rediff.com   5 Dec 2024

Dhoni endorses 42 brands to Bachchan's 41 and SRK's 34.

How Bank of India Plans To Counter Deposit Woes

How Bank of India Plans To Counter Deposit Woes

Rediff.com   28 Nov 2024

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business.