Shine Jacob, Aathira Varier, Ishita Ayan Dutt

Stories by Shine Jacob, Aathira Varier, Ishita Ayan Dutt

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com   26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

Foxconn Chief's Ride May Bring Good News For Tamil Nadu

Foxconn Chief's Ride May Bring Good News For Tamil Nadu

Rediff.com   24 Mar 2025

What transpired during that drive was one of the most compelling investment pitches made by an Indian state in decades.

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Rediff.com   21 Mar 2025

The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.

Maestro A R Rahman's sound tips for Mahindra EVs

Maestro A R Rahman's sound tips for Mahindra EVs

Rediff.com   20 Mar 2025

As auto major Mahindra & Mahindra (M&M) became the number two player in the retail passenger vehicle segment for the first time in February, powered by its new launches, the company is setting its sights on technology upgrades.

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com   19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

Zetwerk Manufacturing plans IPO in 15-24 months, aims to raise $500 million

Zetwerk Manufacturing plans IPO in 15-24 months, aims to raise $500 million

Rediff.com   17 Mar 2025

Zetwerk Manufacturing, a $3.1 billion company in the contract manufacturing space, is planning to come up with an initial public offering within the next 15-24 months, a top company executive said on Saturday. The Bengaluru-based company aims to raise at least $500 million, targeting a valuation of around $5 billion.

'Luxury car market may double by 2030'

'Luxury car market may double by 2030'

Rediff.com   17 Mar 2025

'From the Indian perspective, young customers with more disposable income will also drive the growth.'

Meet India's first private reinsurer

Meet India's first private reinsurer

Rediff.com   15 Mar 2025

In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.

Why health insurance premium growth is in slow lane

Why health insurance premium growth is in slow lane

Rediff.com   11 Mar 2025

Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. According to General Insurance Council data, health insurance premiums grew by 10.44 per cent year-on-year (Y-o-Y) in the Apr-Jan period of FY25 in comparison with 20.79 per cent in the year-ago period. It was around 23.57 per cent in FY23, and 25.89 per cent in FY22.

From Tesla to Mercedes, luxury carmakers head South

From Tesla to Mercedes, luxury carmakers head South

Rediff.com   11 Mar 2025

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

An insurer can now effectively manage market volatility

An insurer can now effectively manage market volatility

Rediff.com   10 Mar 2025

The Insurance Regulatory and Development Authority of India's (Irdai's) decision to allow insurers to hedge risks through equity derivatives will help them manage market volatility and protect policyholder returns. However, this move is unlikely to alter their investment strategies.

'Insurance companies will need more capital'

'Insurance companies will need more capital'

Rediff.com   3 Mar 2025

'I now see rates rising again, particularly after recent losses - especially the January wildfires in Los Angeles.'

Mamata Ready To Take On BJP For 2026

Mamata Ready To Take On BJP For 2026

Rediff.com   27 Feb 2025

The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.

'How Will I Survive Without My Monthly Withdrawals?'

'How Will I Survive Without My Monthly Withdrawals?'

Rediff.com   24 Feb 2025

'I don't know when I will be able to access those funds.'

'Goal for Axis Max Life Insurance is to become listed entity'

'Goal for Axis Max Life Insurance is to become listed entity'

Rediff.com   17 Feb 2025

'However, this process will take some time. Depending on the approval timeline, it may span a few quarters.'

Indians Work More Than Chinese!

Indians Work More Than Chinese!

Rediff.com   14 Feb 2025

The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.

'There is a slowdown in the economy'

'There is a slowdown in the economy'

Rediff.com   7 Feb 2025

'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'

'Global barriers to trade are increasing'

'Global barriers to trade are increasing'

Rediff.com   6 Feb 2025

'The steel industry expects the government to decide on safeguard measures from dumping post-Budget'

'Bengal Is In Business'

'Bengal Is In Business'

Rediff.com   6 Feb 2025

'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'

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.