Shine Jacob, Business Standard

Stories by Shine Jacob, Business Standard

FPIs Pull Out A Record Rs 1.22 Trillion!

FPIs Pull Out A Record Rs 1.22 Trillion!

Rediff.com   22 Dec 2022

FPIs have turned net sellers in 2022 after being net buyers in the last three years.

File Tax Return By Dec 31 If You Haven't

File Tax Return By Dec 31 If You Haven't

Rediff.com   21 Dec 2022

'By filing a belated return, you can avoid the consequences of non-disclosure of income.' 'You can also avoid a notice from the I-T department for not filing an ITR.'

India may become a supply hub for Apple iPhone

India may become a supply hub for Apple iPhone

Rediff.com   20 Dec 2022

If reports that Apple Inc plans to triple its iPhone production in India come true, it is likely to help the country become a supply hub for the American company. There are some 190 Apple suppliers globally, but only 12 have manufacturing facilities in India now. Apple's strategy is to focus on India and a clutch of other countries as it diversifies its supply chain out of China.

Where Indians Want To Travel To

Where Indians Want To Travel To

Rediff.com   20 Dec 2022

Domestically, Indians are exploring popular beach destinations, the hills of Himachal Pradesh and Uttarakhand, and the North-Eastern region as well.

How Will The Markets Pan Out In 2023?

How Will The Markets Pan Out In 2023?

Rediff.com   19 Dec 2022

Here's how leading brokerages and research houses expect 2023 to play out for the equity markets, and their sector preferences.

'Huge desire among people to fly... leading to congestion'

'Huge desire among people to fly... leading to congestion'

Rediff.com   16 Dec 2022

'Airports must look at their maximum capacity to handle passengers.'

Should A Collegium Pick Election Commissioners?

Should A Collegium Pick Election Commissioners?

Rediff.com   9 Dec 2022

The system of 'selecting' an election commissioner, which is before the Supreme Court, must be institutionalised.

'$33 billion was taken out of India -- the highest-ever'

'$33 billion was taken out of India -- the highest-ever'

Rediff.com   6 Dec 2022

'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'

'Long-term science is the only thing that works'

'Long-term science is the only thing that works'

Rediff.com   6 Dec 2022

'If we are to be a contributor to the economy, we have to reduce carbon and imports.' 'We will achieve both -- that's our target.'

Property Sale: NRIs Can Repatriate Funds

Property Sale: NRIs Can Repatriate Funds

Rediff.com   5 Dec 2022

NRIs can repatriate the proceeds from the sale of a residential property in India, provided they meet a few conditions.

Funding for space start-ups zooms

Funding for space start-ups zooms

Rediff.com   30 Nov 2022

The race for space has got real, and it is attracting funding like never before. In 2022 so far, funding to private players in the space sector has jumped a whopping 61.5 per cent - soaring to $108.52 million compared to $67.2 million in 2021. Propelling it is the government's decision to open up the space sector to private players and the work done by companies like Skyroot Aerospace, the Hyderabad-based start-up behind the launch of India's first privately developed rocket on November 18.

'It's advantage bulls for the near-term'

'It's advantage bulls for the near-term'

Rediff.com   29 Nov 2022

'New record for the Nifty50 is only a question of when.'

'Moonlighting Is Not A Big Deal'

'Moonlighting Is Not A Big Deal'

Rediff.com   29 Nov 2022

'Career paths are no longer linear as professionals look to build a more holistic career portfolio that is true to their professional and financial goals.'

Vikram-S private rocket launch could be India's SpaceX moment

Vikram-S private rocket launch could be India's SpaceX moment

Rediff.com   17 Nov 2022

'The current launch is a sounding rocket, this cannot be called a milestone. The importance is this is for the first time a private player is doing it.'

Lakshmi-Ganesh On Rupee: Who Decides?

Lakshmi-Ganesh On Rupee: Who Decides?

Rediff.com   16 Nov 2022

Any currency design change must be approved by the RBI central board and the central government.

How Mamallapuram Came To Be Top Tourist Site

How Mamallapuram Came To Be Top Tourist Site

Rediff.com   25 Oct 2022

Mamallapuram's Group of Monuments -- a collection of 7th- and 8th-century religious structures -- attracted 46 per cent of the total foreign tourists who visited India compared to 12 per cent by the Taj.

Isro launches 36 OneWeb satellites in first commercial launch for LMV-3

Isro launches 36 OneWeb satellites in first commercial launch for LMV-3

Rediff.com   24 Oct 2022

On Sunday, at 12.07 am in Sriharikota, off the coast of the Bay of Bengal, it was almost like an early Diwali, with the sky lit up by the launch of 36 OneWeb satellites. The Indian Space Research Organisation (Isro) did the launch on a 43.5-metre-tall Geosynchronous Satellite Launch Vehicle Mark III (GSLV Mk III) rocket. After the countdown, which started 24 hours in advance, once the mega screen marked the launch, a select group of invitees at the gallery cheered by applauding the feat.

Spectrum auction to hurt India's satellite play, says Sunil Mittal

Spectrum auction to hurt India's satellite play, says Sunil Mittal

Rediff.com   24 Oct 2022

Spectrum allocation for satellite services came up as a dominant theme at the launch of 36 communication satellites by OneWeb, a Bharti group venture, here on Sunday. Following the launch, Bharti Enterprises chairman Sunil Mittal, in a conversation with a group of reporters, reiterated that spectrum auction did not make sense in the case of satellite services. "This (satellite services) is not competing with mobile services where you can justify the auction.

iPhone 14 production cut may not impact Apple's India plans: Experts

iPhone 14 production cut may not impact Apple's India plans: Experts

Rediff.com   8 Oct 2022

The Apple iPhone comprises 44 per cent of the global smartphone market's revenues and it is the second most-such device to be shipped after Samsung. More than half of smartphones used in the US are iPhones. More than 7 million iPhones are expected to be sold in India in 2022, extending the user base to 20 million, according to market research and analyst firm Techarc. Hence, the news about Apple scaling down its production target for iPhone 14 in India has made news.

Majority of Mercedes-Benz models in India to be EVs by 2030: CEO Schwenk

Majority of Mercedes-Benz models in India to be EVs by 2030: CEO Schwenk

Rediff.com   7 Oct 2022

Driven by a rise in sales during the current year, German luxury carmaker Mercedes-Benz said on Thursday that the company is expecting a growth in sales of around 8-10 per cent in the next few years. This comes at a time when the company is ready to surpass the previous highest sales of 15,538 vehicles (2018) in 2022. During the first half, the company sold 7,600 units. It already has an order bank of around 7,000 vehicles. In 2021, the company sold 11,242 vehicles.