Shine Jacob, Sharleen DSouza

Stories by Shine Jacob, Sharleen DSouza

'MRF is now world's 11th largest tyre company'

'MRF is now world's 11th largest tyre company'

Rediff.com   31 Jan 2025

'The favourable rupee-dollar exchange rate, there are opportunities we can tap.'

Thoothukudi ahoy! Adani, Vedanta in race for port project

Thoothukudi ahoy! Adani, Vedanta in race for port project

Rediff.com   23 Jan 2025

The project is critical as the region expects huge investments in the automotive, renewable energy, and space sectors.

Eicher enters 2-3.5 tonne segment with electric SCV

Eicher enters 2-3.5 tonne segment with electric SCV

Rediff.com   22 Jan 2025

The Eicher Pro X is assembled on an all-women assembly line.

Why Ashok Leyland has forayed into mini-truck segment

Why Ashok Leyland has forayed into mini-truck segment

Rediff.com   20 Jan 2025

'This market for diesel starts at around Rs 6.3 lakh and goes up to Rs 7 lakh, and with Saathi we have our usual price set at Rs 6.5 lakh, so we are slightly on the lower side with a superior product.'

Hyundai Bets Big On EV infrastructure

Hyundai Bets Big On EV infrastructure

Rediff.com   20 Jan 2025

The charging infrastructure expansion includes the setup of over 600 DC charging stations by 2030 (including company-owned and company-operated ones) in addition to partnerships with over 10,200 charging points, collaborating with operators like Shell, Charge Zone, and Statiq.

Infy founder's son to launch E2W at Bharat Mobility

Infy founder's son to launch E2W at Bharat Mobility

Rediff.com   14 Jan 2025

Numeros Motors is also planning to come up with a passenger vehicle four-wheeler or a three-wheeler by 2027.

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Rediff.com   14 Jan 2025

In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.

UPI transactions surge to record 16.73 bn in Dec; value at Rs 23.25 trn

UPI transactions surge to record 16.73 bn in Dec; value at Rs 23.25 trn

Rediff.com   2 Jan 2025

Unified Payments Interface (UPI) transactions saw an 8 per cent month-on-month increase in volume to 16.73 billion in December, the highest volume for the digital system since it became operational in April 2016. The value also increased by 8 per cent to Rs 23.25 trillion, up from Rs 21.55 trillion in November.

Mercedes Rules Luxury Cars Segment

Mercedes Rules Luxury Cars Segment

Rediff.com   21 Dec 2024

For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way

Space Kidz Is Planning A Moon Mission

Space Kidz Is Planning A Moon Mission

Rediff.com   17 Dec 2024

If it becomes a reality, the Chennai-based company will become the first private player from India to conduct such a mission to the lunar surface.

Adidas, Nike supplier Hong Fu enters India to foot manufacturing push

Adidas, Nike supplier Hong Fu enters India to foot manufacturing push

Rediff.com   17 Dec 2024

Taiwanese footwear major Hong Fu Industrial Group - a supplier to Nike, Converse, Vans, UGG, Puma, Adidas, Reebok, HOKA, Under Armour, and ON (a Swiss sportswear brand) -marked its India entry on Monday, with the ground breaking ceremony of the Rs 1,500-crore footwear manufacturing facility at the SIPCOT Industrial Park in Panapakkam, nearly 85 kms from Chennai.

This is one of the largest health-care deals in India

This is one of the largest health-care deals in India

Rediff.com   13 Dec 2024

'Along with Blackstone, we would be keen to look at opportunities in the North.'

Lab Or Natural? What Diamond Would You Prefer?

Lab Or Natural? What Diamond Would You Prefer?

Rediff.com   12 Dec 2024

Suddenly, the legendary advertising line -- a diamond is forever -- is losing its shine.

'Mahindra Electric Is Getting Free Publicity'

'Mahindra Electric Is Getting Free Publicity'

Rediff.com   9 Dec 2024

'IndiGo's position in this argument will depend on whether it has registered '6e' as a trademark.'

Dhoni Beats Bachchan, SRK!

Dhoni Beats Bachchan, SRK!

Rediff.com   5 Dec 2024

Dhoni endorses 42 brands to Bachchan's 41 and SRK's 34.

Global Footwear Majors Betting Big On Tamil Nadu

Global Footwear Majors Betting Big On Tamil Nadu

Rediff.com   28 Nov 2024

The state is in the process of grooming a supplier ecosystem, for which India is almost entirely dependent on imports.

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Rediff.com   18 Nov 2024

According to a recent CareEdge Ratings report, Bangladesh accounts for around 50-60 per cent of India's total medical tourism inflow

Textile hub Tiruppur weaves a comeback as exports spring back to life

Textile hub Tiruppur weaves a comeback as exports spring back to life

Rediff.com   12 Nov 2024

After experiencing an 11 per cent contraction in exports in 2023-24 (FY24) due to a dip in exports for 10 consecutive months from April to January, the Tiruppur textile industry is back on track in 2024-25 (FY25). The cluster, which contributes 55 per cent of the country's total knitwear exports, posted a 13 per cent increase in the first five months of this financial year (FY25), with August seeing a 22 per cent rise - the highest in over two years.

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rediff.com   8 Nov 2024

India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand, consumer intelligence firm NielsenIQ said in its quarterly update on Thursday. Price-led growth stood at 1.5 per cent. According to NielsenIQ data, rural volume growth outpaced urban markets for the third straight quarter despite consumption softening in both regions.

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Rediff.com   7 Nov 2024

Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a record for a private sector IPO in the United Arab Emirates. The company is controlled by Kerala-based business tycoon MA Yusuff Ali. The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date.