All stories by Shine Jacob
Nipah Is Keeping Kerala Tourists At BayRediff.com21 Sep 2023
The tourism industry expects a short-term impact, as it is counting on the state's proven expertise in managing such crises.
This is how Kerala brought Nipah under control in no timeRediff.com20 Sep 2023
Kerala is the only state, other than West Bengal (2001 and 2007), in India to have reported Nipah virus cases. Kerala is the only state, other than West Bengal (2001 and 2007), in India to have reported Nipah virus cases. The previous outbreaks in the state were in May 2018, June 2019 and September 2021. This explains the anticipation and readiness this year, reports Shine Jacob.
Sanatan Dharma Controversy: Why Stalin Is UnflusteredRediff.com20 Sep 2023
Any narrative against the Dravidian model may impact the BJP's prospects in Tamil Nadu. This may explain why the BJP in Tamil Nadu is placing more emphasis on corruption allegations against the DMK, even as the party focuses nationally on the Sanatana controversy.
'Inputs ignored': Dhanlaxmi Bank independent director resigns from boardRediff.com18 Sep 2023
Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. In his resignation letter, Kalyanasundaram has raised issues like factionalism in the board, his differences regarding rights issue and the alleged 'lack of in depth banking knowledge' in other members. This comes after Ravindran Pillai, head of RP Group, who holds 9.99 per cent stake in the bank (largest shareholder), came out with a special notice for removal of Kalyanasundaram.
Amid Competition, Royal Enfield Steps on the Gas to Draw Future Road MapRediff.com9 Sep 2023
To come up with first EV by 2025, expects market to grow two to three-fold in the next ten years.
Aditya-L1 fires up funding prospects for pvt space cosRediff.com4 Sep 2023
The successful launch of Aditya-L1 - the country's maiden mission to study the Sun - is expected to garner increased investor interest in the Indian space sector and trigger more funding for private players. Several private sector players, including Larsen & Toubro (L&T), MTAR Technologies, and Ananth Technologies, have played a pivotal role in the Indian Space Research Organisation's (Isro's) solar observatory mission. Aditya-L1 on Saturday set off on a 125-day journey on a PSLV-C57 rocket, in its attempt to study various elements relating to the nearest star from the halo orbit around Lagrange point 1 (L1) of the Sun-Earth system, which is about 1.5 million km from Earth.
Hyundai global boss pushes electric vehicle credentials on India visitRediff.com9 Aug 2023
Korean automaker Hyundai Motor Group (HMG) is vigorously aiming to establish a robust presence in India's electric vehicle (EV) segment through the introduction of new models and the establishment of charging stations under Hyundai Motor India (HMIL) and Kia India. Euisun Chung, executive chairman of HMG, who is currently visiting India, urged both companies to deliver products that not only meet but exceed customer expectations on time, thus driving the achievement of these growth targets. The group is strategically working to elevate Kia's market share from the current 6.7 per cent to an impressive 10 per cent in India in the near future.
India poised to become export hub for CitroenRediff.com7 Aug 2023
French carmaker Citroen will launch its C3 Aircross Sport Utility Vehicle (SUV) in India by October, and is betting big on exports from India to markets like South Africa, ASEAN (Association of Southeast Asian Nations) and Nepal, a top company executive told Business Standard. Citroen, which sold 6,000 units through Citron C3 and C5 Aircross SUV, is likely to double its sales during the current year, as it has already sold 6,000 units of Citron C3 and eC3 electric vehicles during the first six months. "We are going to start bookings for the C3 Aircross SUV in September and launch it in October. Price will be at the heart of the midsize SUV market," said Saurabh Vatsa, Citroen India branch head.
Dev Joshi Is Ready To Go To SpaceRediff.com2 Aug 2023
'We hear about Chanda Mama from our childhood.' 'I am excited by the idea of seeing it with my eyes.'
Foxconn unit in talks for $200 million components plant in Tamil NaduRediff.com28 Jul 2023
Taiwan-based Hon Hai Technology Group, the subsidiary of Foxconn Industrial Internet (Fii), is in talks with the Tamil Nadu government to invest around $200 million to set up an electronic components unit in the state. According to a Reuters report, FII, which makes communication, mobile network and cloud computing equipment, has shared the plan with the Tamil Nadu state officials. Business Standard had reported last week that Fii's chief executive officer (CEO) Brand Cheng met Tamil Nadu Chief Minister M K Stalin and Minister for Industries, Investment Promotion and Commerce TRB Rajaa.
The Men Behind Chandrayaan-3 MissionRediff.com22 Jul 2023
Only three countries (United States, Russia and China) have successfully landed spacecraft on the airless lunar surface.
Will Artemis Accords Help India's Space Programme?Rediff.com4 Jul 2023
'This may open up doors for private players in India to collaborate with global players in commercial missions.'
TMB failed to file details of Rs 3,610 cr deals due to tech glitchRediff.com3 Jul 2023
After the income tax department indicated that the Tamilnad Mercantile Bank (TMB) did not provide the complete details of transactions worth up to Rs 3,610 crore, sources told Business Standard that this was due to a technical glitch. The bank has now submitted all the required documents in the past few days. According to the Income Tax (I-T) department, TMB had not submitted a statement of financial transactions (SFT) pertaining to cash deposits of around Rs 2,700 crore involving more than 10,000 accounts.
'The expected credit loss model will not dent profits much'Rediff.com3 Jul 2023
'We will test the waters, ferret out information through our business correspondents, and only then open a branch'
Vedanta places Thoothukudi's 'restart ready' plans on fast trackRediff.com22 Jun 2023
Anil Agarwal-led Vedanta's Sterlite Copper has come out with a fresh notification inviting expressions of interest (EoIs) to supply raw materials like copper concentrate, imported thermal coal, rock phosphate and petroleum products, among others, as part of its preparatory measures to restart production at its Thoothukudi unit in Tamil Nadu. This plant is likely to restart operations if a Supreme Court verdict goes in favour of the company. On June 12, the company had invited EoIs for carrying out plant 'restart activities'.
Vedanta's Sterlite Copper invites EoIs to 'restart' the Thoothukudi unitRediff.com13 Jun 2023
Anil Agarwal-led Vedanta's Sterlite Copper on Monday came out with an advertisement inviting expression of interest (EoI) for carrying out plant "restart activities" at its Thoothukudi unit in Tamil Nadu, that got closed more than five years ago following an order issued by the Tamil Nadu Pollution Control Board (TNPCB). The EoI for restart comes when the company is still awaiting the final judgement on the issue, and the court has only allowed it to do maintenance work. "We have initiated the upkeep and maintenance activities at the plant as allowed by the Supreme Court vide its order dated May 4, 2023, in coordination with the district authorities.
Sterlite gets access to Thoothukudi plant for upkeep after 5 yearsRediff.com3 Jun 2023
The maintenance work will include operations such as removal of remaining gypsum and leachate handling operations among others. Based on this, the district administration has now allowed the firm to maintain the plant after five years.
Walmart boost: India's readymade garment exports limping to normalcy in MayRediff.com2 Jun 2023
After dipping by as much as 17 per cent in April, readymade garment (RMG) exports of all textile categories in India are showing signs of recovery in May. Exporters in Tiruppur are indicating a rise in rupee terms during the month, while it may take at least a month for volumes to be back in positive terrain. Among the global majors that are placing orders in the textile hub include Walmart, H&M (Hennes & Mauritz AB), Tommy Hilfiger and Target.
Sustainable fashion gets thrown a life jacket after PM wears upcycled sadriRediff.com19 May 2023
Prime Minister (PM) Narendra Modi has been at the forefront of climate action and saving the environment campaigns - whether plogging at a beach in Mahabalipuram in 2019 or wearing a sky-blue 'sadri' jacket to Parliament made of material recycled from plastic bottles. Made by Karur-based sustainable fashion brand EcoLine Clothing (EcoLine), a brand of Shree Renga Polymers, front runner in polyethylene terephthalate (PET) bottle recycling and sustainable textiles in India run by IITians, the company recycles PET bottles and upcycles them into value-added products, such as garments. Three months on, the phone lines of Senthil Sankar, managing partner at Shree Renga Polymers and EcoLine, have been ringing non-stop since the jacket made out of recycled plastic at Karur, Tamil Nadu's textile capital, was worn by the PM to Parliament on February 8.
Stalin's Breakfast Scheme A Social RevolutionRediff.com3 May 2023
'Within a short span, it increased attendance, improved children's physical fitness, and led to a rise in the enrolment ratio.'