Shine Jacob And Megha Manchanda

Stories by Shine Jacob And Megha Manchanda

EXPLAINED: Why Kerala is seeing a rise in Covid cases

EXPLAINED: Why Kerala is seeing a rise in Covid cases

Rediff.com   6 Aug 2021

Bad management, an exhausted government vigilance mechanism, delay in roping in private players, relaxing norms, and over-dependence on antigen tests may be the reason behind the surge, reports Shine Jacob.

Russia reaches out to Kerala for Sputnik V plant

Russia reaches out to Kerala for Sputnik V plant

Rediff.com   29 Jul 2021

The government may look at areas around Thonnakkal, in Thiruvananthapuram district, for the facility. If successful, this would be one of the few sites of Sputnik V owned by Russian firms outside that country. Shine Jacob and Sohini Das report.

Microsoft plans to set up Rs 15,000-crore data centre in Telangana

Microsoft plans to set up Rs 15,000-crore data centre in Telangana

Rediff.com   28 Jul 2021

US tech giant Microsoft is in the final stages of talks with the Telangana government to set up a data centre with a total investment of Rs 15,000 crore. According to sources in the state government, the company has zeroed in on a land parcel near Hyderabad for the facility. "In the information technology (IT) space, Telangana is already seeing some major investments. "Microsoft is establishing its data centre here, and it may come out with a public announcement soon," said a source.

Covid cuts Tirupur garment hub biz, 10% orders go to other nations

Covid cuts Tirupur garment hub biz, 10% orders go to other nations

Rediff.com   27 Jul 2021

India's largest garment hub Tirupur continues to reel from the effects of the pandemic, with almost 10 per cent of its orders for the upcoming season getting diverted to Bangladesh, Vietnam, Cambodia and China. The sector had seen a drop of about 9 per cent in exports during the first wave, but the impact is likely to be more this time, according to industry experts. Being one of the epicentres of Covid cases in the state, a majority of manufacturing units in the textile belt were closed for almost six weeks during the second wave.

Why this Businessman Quit Kerala

Why this Businessman Quit Kerala

Rediff.com   26 Jul 2021

Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?

Cash-strapped Vodafone Idea gets nod for FDI up to Rs 15,000 crore

Cash-strapped Vodafone Idea gets nod for FDI up to Rs 15,000 crore

Rediff.com   23 Jul 2021

Cash-strapped telco Vodafone Idea's proposal for investment of up to Rs 15,000 crore through foreign direct investment (FDI) has been approved by the Union government, according to officials. A top-level group, comprising representatives from the ministries of home affairs, external affairs, finance and commerce and industry, took the decision. The nod, which is an enabling provision, would help the financially-stressed company raise funds to pay up some of its dues linked to adjusted gross revenue (AGR), reduce debts and use the money for operational expenses.

Airtel hikes tariffs, family postpaid plan spiked for new customers

Airtel hikes tariffs, family postpaid plan spiked for new customers

Rediff.com   23 Jul 2021

Bharti Airtel on Thursday announced new postpaid plans and discontinued some previous ones. "In the post-pandemic world, an abundance of high-speed data is increasingly becoming a key need for customers as work from home and online education is the new normal. "In this context, Airtel has further simplified its postpaid plans to offer industry-leading data benefits backed by a 5G-ready network and superior digital-first customer care. "The plans also come with a range of exclusive benefits such as bundled content and business productivity tools," Airtel said in a press release.

Tamil Nadu inks deals with 35 firms; to see over Rs 17,000 cr investment

Tamil Nadu inks deals with 35 firms; to see over Rs 17,000 cr investment

Rediff.com   22 Jul 2021

The government of Tamil Nadu on Tuesday signed a memorandum of understanding (MoUs) with 35 companies that may see investment to the tune of Rs 17,141 crore, creating employment opportunities for 55,054 people. The major companies that would be coming up with fresh investments over Rs 1,000 crore in the state include JSW Renew Energy Two, TCS, ZF Wabco and Srivaru Motors among others. JSW Renew Energy Two will be coming up with a 450 megawatt (Mw) wind power generation unit at Tuticorin, Tirunelveli, Dindigul and Tiruppur for Rs 3,000 crore. TCS will be coming up with its third phase of expansion at SIPCOT IT Park in Siruseri, ZF Wabco with an auto component unit at Kancheepuram for Rs 1,800 crore and a two-wheeler EV unit by Srivaru Motors for Rs 1,000 crore at Coimbatore.

Navy's reluctance to vacate spectrum may delay 5G auction

Navy's reluctance to vacate spectrum may delay 5G auction

Rediff.com   21 Jul 2021

The Indian Navy has expressed reservations in vacating 100 Mhz of the spectrum, proposed to be sold in the tender expected next year, sources said. This could delay the Centre's plans to proceed with the 5G auctions in 2022. A department of telecom (DoT) official said, "The Indian Navy is showing reluctance in vacating the spectrum from the 3.3 GHz-3.4 GHz band that it is using. "Unless there is some traction with them on this issue, we can't seek consultation from TRAI." The 3300 MHz-3600 MHz (or 3.3GHz-3.6GHz) will be auctioned for the first time in the proposed 5G auctions, likely next year.

Despite security risks, 95% Indian cos to continue with WFH

Despite security risks, 95% Indian cos to continue with WFH

Rediff.com   15 Jul 2021

The survey covered 1,210 IT executives and technology professionals from North America, the United Kingdom, Australia, New Zealand, Singapore and India. In India, 202 respondents from businesses with more than 500 employees across 18 industry verticals completed the survey. Overall, 89 per cent of the respondents said implementing a work-from-home policy had increased security challenges for their organisations. The risk posed by shadow IT was especially high, with 89 per cent of companies having no control over the software that employees purchase and install on their devices.

Road construction zooms nearly 60% in 1st two months of FY22

Road construction zooms nearly 60% in 1st two months of FY22

Rediff.com   3 Jul 2021

Road construction witnessed a near 60 per cent year-on-year jump in the first two months of financial year 2021-22 (FY22), despite restrictions being imposed in the wake of the second wave of Covid-19. Around 1,470 km of roads were constructed during the first two months of the current fiscal, as against 847 km in the corresponding period last year, according to official figures. However, these are provisional numbers as the state public works departments of Maharashtra and Goa are yet to provide data.

Reliance Jio beats Bharti Airtel, adds 4.3 million users in February

Reliance Jio beats Bharti Airtel, adds 4.3 million users in February

Rediff.com   12 May 2021

Total wireless subscribers increased from 1.1 billion, in January to 1.2 billion in February, thereby registering a monthly growth rate of 0.72 per cent.

'Scrapping centres will be an industry'

'Scrapping centres will be an industry'

Rediff.com   20 Apr 2021

'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'

'In 3 years, India's infrastructure will be on par with the US'

'In 3 years, India's infrastructure will be on par with the US'

Rediff.com   17 Apr 2021

'We completed Rs 17 trillion worth of projects in the first term and currently Rs 9 trillion worth of contracts are under construction.'

Mobile operators rush to rework equipment sourcing pacts

Mobile operators rush to rework equipment sourcing pacts

Rediff.com   14 Apr 2021

While the government has not barred procurement of equipment from Chinese companies, the process to amend the general financial rules (GFR) 2017 has started. This will impose restrictions on bidders in public procurement from countries that share a land border with India, reports Megha Manchanda.

'Govt wants more incentive to customers for vehicle scrapping'

'Govt wants more incentive to customers for vehicle scrapping'

Rediff.com   3 Apr 2021

'Some companies have agreed to 2-3% incentive but the automakers and SIAM have to decide amongst themselves'

Govt eyes Rs 6,200 crore in AGR dues from Airtel, Vi by March 31

Govt eyes Rs 6,200 crore in AGR dues from Airtel, Vi by March 31

Rediff.com   3 Mar 2021

SC said 10 per cent of the amount would have to be paid by March 31.

Chaos rules at toll plazas over FASTag implementation

Chaos rules at toll plazas over FASTag implementation

Rediff.com   27 Feb 2021

Either drivers were blissfully unaware of the requirement or they hadn't bothered to get one installed in their vehicle.

Data traffic in India increased 60 times in 5 years

Data traffic in India increased 60 times in 5 years

Rediff.com   12 Feb 2021

A Nokia research showed that 4G alone constituted nearly 99 per cent of the total data traffic consumed across the country in 2020.

Airtel ahead of Jio again!

Airtel ahead of Jio again!

Rediff.com   24 Dec 2020

Airtel tops with 3.7 million new subscribers, Jio adds 2.2 million; Vi lets go of 2.7 million.