Shine Jacob &Amp;Amp; Abhijit Lele

Stories by Shine Jacob &Amp;Amp; Abhijit Lele

'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.

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.

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.

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.

PSBs wrote off Rs 29,000 cr in Dec quarter

PSBs wrote off Rs 29,000 cr in Dec quarter

Rediff.com   15 Feb 2023

Public-sector banks (PSBs) in Q3FY23 wrote off bad loans worth Rs 29,000 crore, up from Rs 23,000 crore in the same quarter a year ago, as part of a clean-up exercise. According to estimates by rating agency CARE Ratings, the write-offs by PSBs in April-December 2022, at Rs 81,000 crore, were lower than the Rs 90,000 crore in April-December 2021. Sanjay Agarwal, senior director, CARE Ratings, said a lot of it was driven by regulations, and assets that had 100 per cent provision coverage were written off.

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.

Banks get time till Dec end to renew safe deposit locker agreements

Banks get time till Dec end to renew safe deposit locker agreements

Rediff.com   24 Jan 2023

The Reserve Bank of India on Monday gave banks time till end of December 2023 to complete renewal of agreements for the existing safe deposit lockers of customers. Banks were earlier required to complete the process by January 01, 2023. The central bank has asked them to complete work in phases with intermediate milestones of 50 per cent by June 30, and 75 per cent by September 30.

'India's young offer growth potential for auto sector'

'India's young offer growth potential for auto sector'

Rediff.com   20 Jan 2023

'The semiconductor supply is constantly improving, with visible green-shoots in the situation as compared to earlier part of last year'

How Toyota India will tackle it's slow growth

How Toyota India will tackle it's slow growth

Rediff.com   17 Jan 2023

'In terms of semiconductors, challenges do remain in the pan industry, but I think we are much better than where we were a year or so back.'

Ashok Leyland's telematics is a next gen solution

Ashok Leyland's telematics is a next gen solution

Rediff.com   14 Jan 2023

According to reports, by last year, the company has helped its customers save 15 per cent on costs -- around 5-6 per cent on fuel and 15 per cent on fleet utilisation through digital measures.

Tata Motor's Mission 2045: Electric, Flex-fuel And Hydrogen ICE

Tata Motor's Mission 2045: Electric, Flex-fuel And Hydrogen ICE

Rediff.com   13 Jan 2023

'Battery electric, hydrogen fuel cell and hydrogen ICE, could be the three technologies which have the potential of being zero emission and that are what we will have to work on,'

Auto Expo 2023 Day 1: EVs Rule!

Auto Expo 2023 Day 1: EVs Rule!

Rediff.com   12 Jan 2023

Almost all of these companies either unveiled their new electric vehicle or alternative energy-powered models.

Best City For Women To Work Is...

Best City For Women To Work Is...

Rediff.com   10 Jan 2023

'That the South and West regions are more women-friendly in terms of employment is not a surprise.'

What Employees Can Expect In 2023

What Employees Can Expect In 2023

Rediff.com   5 Jan 2023

'Enterprises have become more demanding in terms of their productivity expectation from their employees.'

Top Carmakers Post Double-Digit Export Growth With Maruti At The Wheel

Top Carmakers Post Double-Digit Export Growth With Maruti At The Wheel

Rediff.com   4 Jan 2023

Clock 11% growth in the first 11 months of 2022.

SBI To Raise Another 10,000 cr Through Infrastructure Bonds

SBI To Raise Another 10,000 cr Through Infrastructure Bonds

Rediff.com   4 Jan 2023

UCO Bank mulls AT1 offering to raise Rs 1,000 cr.

Change Of Guard At Banks, LIC In 2023

Change Of Guard At Banks, LIC In 2023

Rediff.com   31 Dec 2022

The first quarter of calendar 2023 will see new faces heading four large public-sector banks -- Canara Bank, Bank of Baroda, Indian Overseas Bank, and Bank of India.

Toy makers face a 'glocal' challenge

Toy makers face a 'glocal' challenge

Rediff.com   30 Dec 2022

The Chinese dependence is far from over, industry players are also citing a shortage of electronic toys in the country.