All stories by Surajeet Das Gupta
Bird Group's ambitious plan to grab Air India's ground handling armRediff.com16 Apr 2021
The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs.
India, China border spat: Bird group's EV hatchback plans in limboRediff.com15 Apr 2021
The car was expected to have a price tag of Rs 10 lakh and launch was slated for this June.
Will Xiaomi disrupt India's e-scooter market?Rediff.com10 Apr 2021
Known for its phones and emerging from nowhere in the segment, it might take on the scooter Goliaths.
'Next financial year will be much better'Rediff.com9 Apr 2021
'Revival is happening slowly.' 'But that is, if the pandemic is controlled.'
Mobile phone makers want relaxation under PLI schemeRediff.com5 Apr 2021
In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.
Can Ola disrupt India's e-scooter market?Rediff.com28 Mar 2021
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
IPL 2021: Star Sports hopes to earn Rs 32 billionRediff.com22 Mar 2021
Disney-Star generated advertising revenue of over Rs 27 billion for IPL 2020.
Amul to start making buffalo mozzarella cheeseRediff.com18 Mar 2021
Italy may be the home of premium buffalo mozzarella cheese, but India could soon give the country a run for its money in this regard. India's largest dairy cooperative, Amul, has submitted a plan to the government, aiming to turn the country into a global hub for the export of mozzarella cheese made from buffalo milk, which is sold at a hefty premium around the world. Mozzarella cheese is one of the products identified by the government for support under its Rs 10,900 crore production-linked incentive scheme (PLI), to give a massive push to food processing exports as well as to build Indian food brands.
Private philanthropy outstripped corporate largesse by 42% in FY20Rediff.com17 Mar 2021
Individuals flew the flag for philanthropy in FY20, escalating their contribution significantly in comparison with company and foreign fund donations, according to the Dasra/Bain & Co India Philanthropy Report of 2021. Funding by individual philanthropists went up by 42 per cent from Rs 21,000 crore in FY19 to Rs 30,000 crore in FY20.
Atmanirbhar and PLI: Why Modi's ambitious manufacturing targets are unachievableRediff.com12 Mar 2021
Recently, Prime Minister Narendra Modi met over 40 CEOs across broad swathes of industry, ranging from makers of mobile devices, auto components, food products to telecom networking equipment and pharmaceuticals. The agenda: To discuss how to make India an integral part of the global supply chain. The focus of the discussion would be the much touted yet not so well understood production-linked incentive scheme (PLI), the centrepiece of the government's drive to massively boost the manufacturing sector. To do so, the government has created a war chest of over Rs 197,000 crore to be paid out as incentives to over 14 industries in five years. There are three objectives to the scheme, two explicitly stated, one implied.
Over 10 Indian start-ups may mop up at least $10 billion in IPO rushRediff.com22 Feb 2021
Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.
Has India lost out in the global 5G race?Rediff.com17 Feb 2021
Several factors have held India back. One is DoT policy somersaults and lack of clarity on whether to or not to ban Chinese gear makers.
Airtel and Jio go head to head in battle for 5GRediff.com13 Feb 2021
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
How Sunil Vachani plans to take Dixon Tech globalRediff.com14 Jan 2021
Today, Vachani's public-listed company, Dixon Technologies, has gone beyond manufacturing just television sets. Armed with private equity funding from Motilal Oswal eight years ago, it has transformed itself into a Rs 4,400 crore electronic manufacturing services major, which now straddles lighting products, home appliances, feature phones, LED bulbs, amongst others. A two-part series looks at how two home-grown manufacturers are leveraging the govt's production-linked incentive scheme.
Is Reliance Jio's 5G plan realistic?Rediff.com23 Dec 2020
Surajeet Das Gupta explains why Mukesh Ambani's target is by no means impossible.
New rules will make Ola, Uber's life tougherRediff.com22 Dec 2020
Just a few weeks ago, the Centre has come out with the long-awaited Motor Vehicle Aggregator Guidelines, which have drawn a dismayed response from the companies concerned.
Sunil Mittal's $2 bn gamble on spaceRediff.com18 Dec 2020
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
Sovereign fund flow: India replaces China as most sought-after destinationRediff.com17 Dec 2020
In the year 2020 to date, these funds deployed capital worth a record $14.8 billion in India, which is nearly three times more than what they have put in China - $4.5 billion.
Will Reliance be real estate's new disruptor?Rediff.com16 Dec 2020
A stake sale of Reliance's real estate portfolio would help it raise anything between $1-5 billion and could be one of the triggers for the company's shares to break out.
Sunil Mittal's son Shravin ups his reputation as VC investorRediff.com10 Dec 2020
Shravin Mittal's venture capital firm, Unbound Advisors, has made investments worth over $500 million so far