Shine Jacob And Peerzada Abrar

Stories by Shine Jacob And Peerzada Abrar

ISRO Will Spend 550 Cr On Shukla's ISS Trip

ISRO Will Spend 550 Cr On Shukla's ISS Trip

Rediff.com   9 Jun 2025

If Rakesh Sharma represented the dreams of a nascent India looking outward, Shubhanshu Shukla embodies a confident India reaching for the controls.

Ashok Leyland Turns Trucks Smart with AI

Ashok Leyland Turns Trucks Smart with AI

Rediff.com   5 Jun 2025

The company has embedded intelligence in every layer of its value chain, marked by predictive maintenance, AI-powered image recognition and robotic automation.

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Rediff.com   4 Jun 2025

The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings

'Illegal Gambling Sites Are National Security Threat'

'Illegal Gambling Sites Are National Security Threat'

Rediff.com   2 Jun 2025

'Illegal gambling operators are systematically exploiting India's advertising and payment infrastructure, siphoning off crores of rupees from outside the country.'

Illegal online betting growing fast in India

Illegal online betting growing fast in India

Rediff.com   2 Jun 2025

Lacking basic safeguards and regulations, India is fast emerging as a hub for illegal online betting and gambling market, with the top 15 such unauthorised platforms logging an alarming over 5.4 billion visits in FY25, according to a report by public policy think-tank on consumer sovereignty.

SUVs The Flavour While Small Cars Remain Out of Reach

SUVs The Flavour While Small Cars Remain Out of Reach

Rediff.com   29 May 2025

The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Rediff.com   27 May 2025

Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.

Swiggy losses widened nearly 2x in March quarter

Swiggy losses widened nearly 2x in March quarter

Rediff.com   10 May 2025

Food delivery aggregator Swiggy saw its loss widen for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25). The firm reported a consolidated loss of Rs 1,081.1 crore for the quarter, compared to a loss of Rs 554.7 crore in the corresponding quarter of FY24.

'Naidu Will Not Waste Time Now'

'Naidu Will Not Waste Time Now'

Rediff.com   3 May 2025

'Amaravati will be a game changer for Andhra Pradesh.'

From warehouses to local stores: Ola Electric shifts gear

From warehouses to local stores: Ola Electric shifts gear

Rediff.com   30 Apr 2025

Amid the ongoing controversy in Maharashtra over Ola Electric stores operating without a trade certificate, sources at the Bengaluru-based electric two-wheeler manufacturer said the company is currently transitioning from a centralised warehouse model to a retail-focused approach. They emphasized that Ola Electric is ensuring all regulatory compliances are being met during this shift.

Industry bodies seek safeguards against influx of Chinese goods

Industry bodies seek safeguards against influx of Chinese goods

Rediff.com   26 Apr 2025

Various industry bodies have sought immediate government intervention through the imposition of anti-dumping duties, claiming India has seen a surge in imports of Chinese goods over the past two weeks.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com   24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

US Tariffs Rattle India's Shrimp Sector

US Tariffs Rattle India's Shrimp Sector

Rediff.com   18 Apr 2025

Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh's politically vital aquaculture sector.

'India one of the attractive markets for AI-led solutions'

'India one of the attractive markets for AI-led solutions'

Rediff.com   16 Apr 2025

'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'

March blow for retail auto sales, may face headwinds

March blow for retail auto sales, may face headwinds

Rediff.com   10 Apr 2025

The only silver lining in March's performance -- which otherwise dragged down the financial year's momentum -- was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains, and new launches.

Advantage India textile industry after Trump tariffs

Advantage India textile industry after Trump tariffs

Rediff.com   4 Apr 2025

According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings.

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Rediff.com   4 Apr 2025

Auto parts exports from India may see a slight slowdown as US President Donald Trump's 25 per cent tariff could increase car prices for buyers by 8-25 per cent, thereby affecting demand, experts believe.

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

Rediff.com   3 Apr 2025

More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India's stock market activity, according to a report by investment bank The Rainmaker Group. Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India.

UPI Hits Record High In March

UPI Hits Record High In March

Rediff.com   2 Apr 2025

UPI topped Rs 24 trillion in value of transactions and 19 billion in volume for the first time after becoming operational in April 2016.

Amazon India ends referral fees on 12 million products

Amazon India ends referral fees on 12 million products

Rediff.com   31 Mar 2025

In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300. The move is aimed at boosting seller growth on Amazon.in and supporting hundreds of thousands small businesses across the country.