Shine Jacob, Business Standard

Stories by Shine Jacob, Business Standard

Rahul may win Wayanad but Kerala is no Congress fortress this time

Rahul may win Wayanad but Kerala is no Congress fortress this time

Rediff.com   11 Mar 2024

Political pundits unanimously suggest that the state is not experiencing a discernible Gandhi wave this time around.

Banks await RBI approval for appointing second whole-time director

Banks await RBI approval for appointing second whole-time director

Rediff.com   5 Mar 2024

More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards.

VinFast kicks off Tamil Nadu unit construction, seeks cut in import duty

VinFast kicks off Tamil Nadu unit construction, seeks cut in import duty

Rediff.com   26 Feb 2024

Vietnam-based electric vehicle maker VinFast, a rival of Tesla in the global market, has set foot in India and began work on building its Rs 16,000 crore EV manufacturing facility at Thoothukudi in Tamil Nadu. The company has already sought a reduction in import duties on its cars for about two years until customers get familiar with the brand and its unit in the state. The global major kicked off the construction of the first phase of its integrated EV hub, which may see Rs 4,000 crore of investment initially and will create more than 10,000 jobs.

Qatar Reprieve Highlights India Diplomacy

Qatar Reprieve Highlights India Diplomacy

Rediff.com   26 Feb 2024

The incident remains a reminder of the inherent fragilities of all geopolitical relationships.

Harley, Triumph blaze a trail, give Enfield a tough ride

Harley, Triumph blaze a trail, give Enfield a tough ride

Rediff.com   19 Feb 2024

It has been seven months since the iconic motorcycle manufacturers, Harley-Davidson and Triumph, embarked on their journey in India with the backing of partners Hero MotoCorp and Bajaj Auto. According to data shared by the Indian majors, both brands are already creating ripples in the above 350cc category. The increase in sales has prompted a ramp-up in production and even the doubling of retail touchpoints for one of them.

India's 1st Private Launchpad Preps For Liftoff

India's 1st Private Launchpad Preps For Liftoff

Rediff.com   13 Feb 2024

Preparations are in the final stages by the Chennai-headquartered space-tech startup Agnikul Cosmos for the maiden launch of India's first-ever private launchpad and the second rocket launch by a private sector player.

Rooftop solar charges up electric vehicle boom in India's smaller cities

Rooftop solar charges up electric vehicle boom in India's smaller cities

Rediff.com   12 Feb 2024

The push given to rooftop solar installation in the Interim Budget ties in with its high rate of adoption in Tier-II and -III cities of India. If original equipment manufacturers (OEMs) in the automobile industry, government, and the solar sector are to be believed, in cities of Rajasthan, Gujarat, and Kerala, 45-50 per cent of electric-vehicle (EV) users are employing rooftop power to charge their vehicles. This is compared to the national average of 25 per cent, say industry sources.

Is Son Preference Hurting India?

Is Son Preference Hurting India?

Rediff.com   9 Feb 2024

A cultural preference for sons in India may be expressed as 'son preference' or 'daughter aversion', arising from patrilocality, patrilineality, the cost of dowry, and old-age support from sons.

Why This 2-Time MP Won't Contest Polls

Why This 2-Time MP Won't Contest Polls

Rediff.com   2 Feb 2024

'If businessmen should be included in the political process -- which is essential in my opinion -- they need to have the freedom to express themselves and to take stands against the government of the day, without fear of reprisals and attacks on their business.'

How AI Is Transforming Auto Manufacturing

How AI Is Transforming Auto Manufacturing

Rediff.com   30 Jan 2024

'From data on enquiries, we can build what we call a data lake or a data warehouse where data is classified into various cohorts and then we use AI and ML tools to predict demand down the line.'

What If Trump Wins A Second Term?

What If Trump Wins A Second Term?

Rediff.com   25 Jan 2024

Although India-US relations have strengthened significantly in recent years, partly because of the security situation in the region, the Indian policy establishment would have to be prepared to protect India's interests in a world that could get more unpredictable.

Is The Worst Over For IT Industry?

Is The Worst Over For IT Industry?

Rediff.com   25 Jan 2024

Certain changes in the past two or three years could have a long-term structural impact on the IT services market.

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Rediff.com   13 Jan 2024

Driven by mega investment proposals from Tata Power, Adani group, Singapore's Sembcorp Industries and Leap Green Energy, among others, the two-day Global Investors Meet 2024 in Tamil Nadu is expecting an infusion of around Rs 6.64 trillion. This is likely to create around 2.69 million direct and indirect jobs in the state. "Due to our tireless efforts and your participation during this Global Investors' Meet, we have attracted an unprecedented Rs 6.64 trillion of investments.

2023: 2nd Warmest Year Since 1901

2023: 2nd Warmest Year Since 1901

Rediff.com   12 Jan 2024

The five warmest years in Indian weather history have occurred in the past 14 years -- the others being 2009, 2017 and 2010, in order of intensity.

Stock Market: Which Sectors Delivered?

Stock Market: Which Sectors Delivered?

Rediff.com   12 Jan 2024

The biggest bounce is in the realty sector, where the industry index jumped 80%. There's been a turnaround also in automobiles and ancillaries (up 45%). The pharma and health care indices have a welcome return of roughly 35%.

Tamil Nadu pulling out all stops for investor meet

Tamil Nadu pulling out all stops for investor meet

Rediff.com   4 Jan 2024

Tamil Nadu is leaving no stone unturned in marketing its upcoming global investors meeting on January 7 and 8. While business veterans are promoting the positives of the state's industrial climate through the 'Titans of Tamil Nadu" campaign, the state is narrating the human stories behind its robust industrial growth via the 'One Trillion Dreams' campaign. Among the industry bigwigs, who are showcasing Tamil Nadu to the world through this mega marketing initiative include Venu Srinivasan of TVS Motor Company, K M Mammen of MRF Ltd, Pratap Reddy of Apollo Hospitals, P R Venketrama Raja of Ramco Group, Mallika Srinivasan of TAFE; and Vellayan Subbiah of Murugappa Group.

Insurance claims drop 30-35% during Chennai floods compared to 2015

Insurance claims drop 30-35% during Chennai floods compared to 2015

Rediff.com   1 Jan 2024

Yet another first week of December brought familiar scenes of rain, storm, flooding, power outages, and fallen trees. When Cyclone Michaung wreaked havoc, leading to the heaviest rainfall in 47 years in the city, residents of Chennai drew parallels to the devastating floods of 2015. However, initial data on insurance claims suggests that the impact this time may portray a more optimistic scenario.

The IPL's Pay Problem

The IPL's Pay Problem

Rediff.com   1 Jan 2024

Lower-paid IPL players, domestic or foreign, should be able to try their luck in other T20 tournaments.

Good News For Android App Developers

Good News For Android App Developers

Rediff.com   30 Dec 2023

For many developers, it may not be a sufficient saving to make it worth creating and maintaining alternatives.

Are hospitals ready to handle Covid surge?

Are hospitals ready to handle Covid surge?

Rediff.com   26 Dec 2023

Larger hospitals are not worried about a spike in cases, as they are now accustomed to converting ICUs and general wards into negative pressure zones or isolation rooms. For smaller hospitals, the task is tedious.