Shine Jacob, Nitin Kumar &Amp;Amp; Shreya Jai

Stories by Shine Jacob, Nitin Kumar &Amp;Amp; Shreya Jai

Maruti Suzuki eyes two-fold jump in exports after historic high in October

Maruti Suzuki eyes two-fold jump in exports after historic high in October

Rediff.com   5 Nov 2024

Maruti Suzuki India Ltd (MSIL), the largest passenger vehicle manufacturer in India, has set a road map to expand its global presence by targeting exports of 800,000 units by the end of this decade -- almost double the approximately 280,000 units sent abroad in 2023-24, Rahul Bharti, executive director, corporate affairs, told Business Standard. The company's upcoming electric vehicle (EV) strategy is expected to play a crucial role in its global ambitions.

India saw steepest surge in greenhouse emission in 2023, says report

India saw steepest surge in greenhouse emission in 2023, says report

Rediff.com   28 Oct 2024

Among major economies, India in FY23 recorded the steepest increase in greenhouse gas (GHG) emission, climbing 6.1 per cent, with China trailing close behind at 5.2 per cent, according to the United Nations Environment Programme (UNEP) Emissions Gap Report 2024. In contrast, GHG emission decreased in both the European Union (EU) and the United States (US) by 7.5 per cent and 1.4 per cent, respectively. Despite India's rise, its 2023 GHG emission remains relatively low at 4,140 million metric tons of carbon dioxide equivalent (MtCOe) against China's 16,000 and the US's 5,970.

Tracking air: As Delhi AQI worsens, experts call for long-term solutions

Tracking air: As Delhi AQI worsens, experts call for long-term solutions

Rediff.com   25 Oct 2024

Air quality index (AQI) soared past 350 level in parts of Delhi on Thursday and experts cautioned that as weather turns colder it may breach the 400-mark ceiling and enter the 'severe' zone soon, notwithstanding the incidents of stubble burnings which have nosedived from 17,529 in 2020 to 4,262 this year.

Firecrackers Capital Sivakasi Faces Uncertain Future

Firecrackers Capital Sivakasi Faces Uncertain Future

Rediff.com   24 Oct 2024

Sivakasi is fighting for survival, thanks to the ban on firecrackers in Delhi, regulations in several other cities, pandemic-imposed sales dips, the ban on the use of barium nitrate...

Royal Enfield announces 1st assembly unit in Bangladesh

Royal Enfield announces 1st assembly unit in Bangladesh

Rediff.com   23 Oct 2024

Indian motorcycle maker Royal Enfield on Tuesday announced starting a manufacturing unit and a showroom in Bangladesh, marking a major industrial development in the neighbouring country where the former prime minister Sheikh Hasina fled in August after weeks-long protests against her. The manufacturing facility in Chauddagram in Cumilla district is Royal Enfield's sixth outside India and besides the one in Tamil Nadu. Royal Enfield, the global leader in the mid-size motorcycle segment, has set up the facility in collaboration with IFAD Motors.

J&K's 5.9 mn tonne lithium reserve to be re-explored after failed auction

J&K's 5.9 mn tonne lithium reserve to be re-explored after failed auction

Rediff.com   18 Oct 2024

The Ministry of Mines has directed the Geological Survey of India (GSI) to conduct a re-exploration of the 5.9 million tonnes of lithium block in Jammu and Kashmir's (J&K's) Reasi district after repeated setbacks to put the reserve up for auction again in six months.

Samsung Plant To Resume After 37 Day Strike

Samsung Plant To Resume After 37 Day Strike

Rediff.com   18 Oct 2024

Employees were told to return to work from Monday onwards for a fresh start for improved production.

Festival season, discounts boost Ola Electric sales

Festival season, discounts boost Ola Electric sales

Rediff.com   16 Oct 2024

Under regulatory scanner, Bengaluru-based Ola Electric has witnessed an uptick in its sales after facing a decline during the last few months. The company's daily average sales rose to 1,154 units in October, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH). With sales reaching 17,315 units between October 1 and October 15, the company has also boosted its market share to 34 per cent, up from 27 per cent in September, in the electric two-wheeler (e2W) segment.

Govt Agency Loses 3 Crore In Cyber Attack

Govt Agency Loses 3 Crore In Cyber Attack

Rediff.com   14 Oct 2024

'The hacker replaced original emails and planted fraudulent emails with a request letter and invoices to be paid to fraudulent bank accounts.'

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com   12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

Tata leaves behind an unfulfilled dream: A Nano EV

Tata leaves behind an unfulfilled dream: A Nano EV

Rediff.com   11 Oct 2024

From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Rediff.com   9 Oct 2024

Workers' strike at Samsung Electronics plant at Sriperumbudur entered 30th day on Tuesday with no end in sight as Centre of Indian Trade Unions (CITU), the union leading the charge, claimed that its major demands are yet to be fulfilled. This is despite the company agreeing to pay a special incentive to the employees.

Foxconn arm to infuse Rs 13K cr to set up TN factory

Foxconn arm to infuse Rs 13K cr to set up TN factory

Rediff.com   9 Oct 2024

The Tamil Nadu government on Tuesday cleared the Rs 13,180 crore project by Yuzhan Technology, part of Taiwan's Foxconn Group, at Kancheepuram. The unit is reportedly expected to assemble smartphone display modules, which will be one of the first such units to cater to Apple's growing presence in the country. The unit is expected to generate at least 14,000 jobs. Of the 14 existing manufacturing units in the Apple supply chain, seven are based in Tamil Nadu.

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com   9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com   8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'

Why Vettaiyan May Become A Blockbuster

Why Vettaiyan May Become A Blockbuster

Rediff.com   8 Oct 2024

'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'

Why 30-Day Samsung Strike Continues

Why 30-Day Samsung Strike Continues

Rediff.com   7 Oct 2024

Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.

Will South Haryana Reward Rao Inderjit Singh?

Will South Haryana Reward Rao Inderjit Singh?

Rediff.com   5 Oct 2024

South Haryana hasn't delivered a chief minister since 1967, when his father Rao Birender Singh was ousted from power. It's a legacy Rao Inderjit Singh is determined to reclaim.

Willing to negotiate with workers directly: Samsung

Willing to negotiate with workers directly: Samsung

Rediff.com   30 Sep 2024

Samsung India is willing to sign a long-term wage settlement and negotiate directly with its workers for an amicable resolution of the dispute, the company's lawyer said on Friday, terming the ongoing employees' strike at the Sriperumbudur plant "illegal". Lawyer Anand Gopalan, who is representing Samsung India in the high court of Chennai and the Kanchipuram District Court, said the company would only negotiate with its workers and not with any third-party leaders.

Is Vijay The Highest Paid Actor In India?

Is Vijay The Highest Paid Actor In India?

Rediff.com   30 Sep 2024

And possibly in all of Asia, going by his reported fee of Rs 275 crore for Thalapathy 69, his coming movie.