Shine Jacob And Peerzada Abrar

Stories by Shine Jacob And Peerzada Abrar

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.

20-min pizza promise by Domino's gets stuck in traffic, kitchen

20-min pizza promise by Domino's gets stuck in traffic, kitchen

Rediff.com   8 Mar 2023

As promised, Domino's 20-minute delivery started across 170 stores in Bengaluru on Tuesday. But, as the day progressed, some teething issues came to the fore. If delivery partners' accounts are anything to go by, these are unlikely to go away anytime soon.

'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.

Rebel Foods to run Wendy's restaurants

Rebel Foods to run Wendy's restaurants

Rediff.com   2 Mar 2023

Rebel Foods, the world's largest internet restaurant company, has entered into a deal with American burger giant Wendy's to run its restaurants in India. The partnership includes committing to the development of traditional restaurants and building on their existing development agreement for cloud kitchens. In this expanded, new franchise commitment, Rebel will help the brand grow its restaurant model in India with digital expertise in delivery, automation, and innovation.

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.

Tata Motors bags India's largest electric vehicle fleet order from Uber

Tata Motors bags India's largest electric vehicle fleet order from Uber

Rediff.com   21 Feb 2023

Tata Motors, India's largest electric passenger vehicle manufacturer, has signed an agreement with ride-hailing company Uber to supply 25,000 electric vehicles (EVs), the company said. The agreement is the largest EV commitment between an automotive manufacturer and a ride-sharing platform in India. Under the agreement, Uber will deploy Tata Motors' XPRES-T EVs by partnering fleet operators in Delhi National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad.

Tata Motors bags largest EV fleet order from Uber

Tata Motors bags largest EV fleet order from Uber

Rediff.com   21 Feb 2023

Tata Motors, India's largest electric passenger vehicle manufacturer, has signed an agreement with ride-hailing company Uber to supply 25,000 electric vehicles (EVs), the company said. The agreement is the largest EV commitment between an automotive manufacturer and a ride-sharing platform in India. Under the agreement, Uber will deploy Tata Motors' XPRES-T EVs by partnering fleet operators in Delhi National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad.

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.

Apply for Maharashtra licence in 3 weeks, SC tells Uber

Apply for Maharashtra licence in 3 weeks, SC tells Uber

Rediff.com   14 Feb 2023

The Supreme Court on Monday directed Uber to apply for a licence within three weeks to operate in Maharashtra, stressing that cab aggregators cannot function without one. A bench led by Chief Justice of India (CJI) D Y Chandrachud said that an earlier interim order by the Supreme Court that had allowed Uber to operate in the state would not provide legal cover, since an aggregator cannot operate without a licence. It ordered Uber to apply for a licence by March 6, said a report by Bar and Bench.

Ola unveils 5 electric motorcycles, launch planned next year

Ola unveils 5 electric motorcycles, launch planned next year

Rediff.com   10 Feb 2023

Ola Electric on Thursday teased five new electric motorcycles that the SoftBank-backed company is working on, announcing the range after selling electric scooters. The products are labelled cafe racer, an adventure tourer, a scrambler and a naked motorcycle. The motorcycles are expected to be launched next year and would include premium and mass-market versions, said sources.

PhonePe first Indian fintech player to allow UPI payments abroad

PhonePe first Indian fintech player to allow UPI payments abroad

Rediff.com   8 Feb 2023

PhonePe said on Tuesday it has launched a service that will allow the fintech firm's Indian users traveling abroad to pay foreign merchants using Unified Payments Interface (UPI). 'UPI international' supports merchant outlets in UAE, Singapore, Mauritius, Nepal and Bhutan that have a local QR (quick response) code. Users will be able to make direct payments in a foreign currency from their Indian bank, like they do with international debit cards.

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.

'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.