Shine Jacob

Stories by Shine Jacob

Cooling hub Sri City gets a Carrier legacy stamp

Cooling hub Sri City gets a Carrier legacy stamp

Rediff.com   21 hours ago

Sri City in Andhra Pradesh is dubbed the "Cooling City" of India, accounting for nearly 40 per cent of the air conditioners (ACs) manufactured in the country. On Tuesday, this industrial hub added one more feather to its cooling credentials. Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ~1,000 crore for a new manufacturing unit at Sri City.

Jaguar Land Rover to start production of premium cars at Tamil Nadu unit

Jaguar Land Rover to start production of premium cars at Tamil Nadu unit

Rediff.com   22 hours ago

Jaguar Land Rover will begin assembling premium cars at its new Tamil Nadu plant on February 9, marking a step towards full-scale luxury car manufacturing in India.

Will Cheaper European Cars Hurt Indian Automakers?

Will Cheaper European Cars Hurt Indian Automakers?

Rediff.com   2 days ago

Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.

Auto firms hope to drive to Europe taking the FTA route

Auto firms hope to drive to Europe taking the FTA route

Rediff.com   7 days ago

The India-EU free trade deal could help Indian-made cars enter Europe at lower costs and challenge Chinese dominance.

At No 4, VinFast Racing Towards Podium Finish in India EV Market

At No 4, VinFast Racing Towards Podium Finish in India EV Market

Rediff.com   9 Feb 2026

Six months after its India debut, the Vietnamese automaker has overtaken established players such as Hyundai Motor, BMW, Kia, and Chinese EV major BYD.

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

Rediff.com   7 Feb 2026

'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'

India-EU pact weaves new hope into $100 bn textile export dream

India-EU pact weaves new hope into $100 bn textile export dream

Rediff.com   4 Feb 2026

The proposed trade deal with the 27-nation European Union (EU) is expected to provide zero-duty access to the $95 billion European market for Indian textile and apparel manufacturers. Currently, India's share of the European market is just 6 per cent, or $5.5 billion.

VinFast to roll out e-taxi service in 5 metros

VinFast to roll out e-taxi service in 5 metros

Rediff.com   2 Feb 2026

GSM, which is potentially eyeing a Hong Kong listing and was recently valued at $20 billion, operates on a distinct model -- it owns the e-taxis and employs the drivers, while also supplying cars to independent drivers or fleet operators.

Kerala: First State To Have State 'Bacteria'

Kerala: First State To Have State 'Bacteria'

Rediff.com   29 Jan 2026

'We have tags of state animals and birds. However, the invisible world of microbes is doing a lot of things for us in nature, not just for human beings but for the entire life.'

God's Own Country Takes EV Ride To Top Slot

God's Own Country Takes EV Ride To Top Slot

Rediff.com   27 Jan 2026

Kerala has overtaken more industrialised states in personal electric vehicle adoption, driven by strong middle-class uptake, policy support, and charging infrastructure.

After 54 Years Humans Head To The Moon

After 54 Years Humans Head To The Moon

Rediff.com   19 Jan 2026

For the first time, there will be an Indian connection to a crewed Moon mission.

Tamil Nadu bets big on India's first full-stack sovereign AI park

Tamil Nadu bets big on India's first full-stack sovereign AI park

Rediff.com   14 Jan 2026

The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.

How Much Money Will Jana Nayagan Make?

How Much Money Will Jana Nayagan Make?

Rediff.com   14 Jan 2026

When it eventually releases, Jana Nayagan is expected to have an opening day collection close to -- or even above -- Rs 100 crore, largely because it is being promoted as Vijay's final movie before he focuses entirely on politics.

Mercedes-Benz, BMW eyeing India's luxe realty sector

Mercedes-Benz, BMW eyeing India's luxe realty sector

Rediff.com   9 Jan 2026

According to multiple sources close to the development, Mercedes-Benz is already in talks with multiple developers in Gurugram for a luxury branded residence project.

Bharat vrooms ahead of India in car sales growth

Bharat vrooms ahead of India in car sales growth

Rediff.com   7 Jan 2026

Rural India outpaced urban centres in passenger vehicle sales in 2025, recording a growth of 12 per cent compared with 8 per cent in cities.

ISRO Clears 200 Milestones, Gaganyaan Next

ISRO Clears 200 Milestones, Gaganyaan Next

Rediff.com   24 Dec 2025

From a surge in startups to crewed mission preparations, 2025 marks a transformative year as India eyes $44 billion space economy by 2033.

The New Study Abroad Hotspot For Indian Students...

The New Study Abroad Hotspot For Indian Students...

Rediff.com   23 Dec 2025

MEA data show that the number of Indian students in the UAE in 2025 was 253,832, just behind the United States with 255,447 students, and Canada being on top at 427,085.

Solve US Tariff Issue Soon, Stalin Requests Modi

Solve US Tariff Issue Soon, Stalin Requests Modi

Rediff.com   19 Dec 2025

'This has translated into a combined daily loss of 60 crore in revenues for exporters in Tiruppur, Coimbatore, Erode and Karur districts, pushing many small and medium enterprises to the brink of collapse.'

Mexico imposes up to 50% tariff on imports from India and China

Mexico imposes up to 50% tariff on imports from India and China

Rediff.com   12 Dec 2025

Mexico on Thursday imposed a tariff of up to 50 per cent on imports from its non-preferential trade partners, including India, a move that might hit New Delhi's annual $5.75 billion shipments to its third-largest car export market.

GST 2.0 Puts Luxury Cars In Fast Lane

GST 2.0 Puts Luxury Cars In Fast Lane

Rediff.com   10 Dec 2025

India's luxury auto market is rebounding after a slow start to 2025, with GST 2.0 emerging as the main catalyst.