Surajeet Das Gupta, Ishita Ayan Dutt

Stories by Surajeet Das Gupta, Ishita Ayan Dutt

Investments In Startups On The Decline

Investments In Startups On The Decline

Rediff.com   15 Apr 2025

In the hottest sector of AI, where most global VC funding is going currently, the country's record has not been anything to write home about.

Tea exports hit new high, but rising imports a worry

Tea exports hit new high, but rising imports a worry

Rediff.com   8 Apr 2025

As India's tea exports reach their highest in years, a sharp rise in imports is raising concerns among producers. In 2024, India took the third spot in tea exports, pipping Sri Lanka after exporting 254.67 million kg (mkg) of tea, up from 231.69 mkg in 2023.

Tech firms line up for Rs 23K crore PLI jackpot

Tech firms line up for Rs 23K crore PLI jackpot

Rediff.com   7 Apr 2025

Leading home-grown companies - Dixon Technologies (India), Amber Enterprises India, Tata Electronics, Chennai-based Munoth Industries, and Murugappa Group - along with global majors such as Japan's TDK Corporation, Taiwan's Hon Hai Technology Group (Foxconn), Austria's AT&S Austria Technologie & Systemtechnik AG (AT&S AG), and Japan's Murata Manufacturing Co, among others, have expressed initial interest in participating in the Rs 22,919 crore production-linked incentive (PLI) scheme cleared by the Union Cabinet, according to those privy to stakeholder discussions with the government.

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com   2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

Bajaj posts record sales on Gudi Padwa

Bajaj posts record sales on Gudi Padwa

Rediff.com   1 Apr 2025

Two-wheeler (2W) giant Bajaj Auto registered record sales across the country over the weekend on the back of Gudi Padwa, hawking 26,938 vehicles that included motorcycles and its electric scooter Chetak.

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com   27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com   26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

Ola Electric: Can It Spark EV Adoption?

Ola Electric: Can It Spark EV Adoption?

Rediff.com   26 Mar 2025

Why has the shift from ICE to electric slowed down despite initial enthusiasm?

India Eyes Bigger Share Of US Electronics Market

India Eyes Bigger Share Of US Electronics Market

Rediff.com   20 Mar 2025

In 2023, the share of US electronics imports from India was a mere 1.9 per cent of the $520 billion they imported, while the total Indian electronics exports to the US was pegged at only $10 billion.

India's Auto Parts Industry Eyes Major US Expansion

India's Auto Parts Industry Eyes Major US Expansion

Rediff.com   19 Mar 2025

An ACMA-BCG report has targeted Indian auto component exports to hit $100 billion - nearly a fivefold increase from $21 billion currently

JioStar to Earn 6,000 Cr from IPL

JioStar to Earn 6,000 Cr from IPL

Rediff.com   19 Mar 2025

With 90% of the inventories sold out, JioStar expects to ring in more than a 58% increase over last year's IPL, when it clocked Rs 3,900 crore.

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com   19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

IndiGo Airlines World's Second Fastest-growing Airline In Seat Capacity

IndiGo Airlines World's Second Fastest-growing Airline In Seat Capacity

Rediff.com   19 Mar 2025

IndiGo is only behind Qatar Airways, which grew slightly faster at 10.4 per cent in the same period, according to the latest data from Official Airline Guide (OAG) based on 20 top airlines in the world.

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Rediff.com   12 Mar 2025

Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.

Can India's Gold, Silver Slash US Trade Deficit?

Can India's Gold, Silver Slash US Trade Deficit?

Rediff.com   10 Mar 2025

Gem and Jewellery Export Promotion Council says step will balance trade deficit with the US.

DPIIT to Rope In Corporates For Startup Boost

DPIIT to Rope In Corporates For Startup Boost

Rediff.com   6 Mar 2025

Companies have been approached to set up incubation centres that will offer financial and non-financial support to manufacturing startups at various levels.

Top Biz Families Fuel 20% Of CSR Spends

Top Biz Families Fuel 20% Of CSR Spends

Rediff.com   6 Mar 2025

Tatas, Ambanis, Adanis, Birlas contributed an average of Rs 800 crore to Rs 1,000 crore per family group.

2024 an inflection point in race to become unicorn

2024 an inflection point in race to become unicorn

Rediff.com   28 Feb 2025

Startups that became unicorns in 2024 took an average of nine years and six months to reach $1 billion valuation, reflecting the impact of a prolonged funding squeeze from PE/VC firms over the past few years.

IITs, IIMs Lose Grip on Unicorn Growth

IITs, IIMs Lose Grip on Unicorn Growth

Rediff.com   28 Feb 2025

BITS has produced 10 startup unicorn founders in the US.

Mamata Ready To Take On BJP For 2026

Mamata Ready To Take On BJP For 2026

Rediff.com   27 Feb 2025

The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.