T E Narasimhan &Amp; Abhijit Lele

Stories by T E Narasimhan &Amp; Abhijit Lele

'After Covid, demand will be back with a vengeance'

'After Covid, demand will be back with a vengeance'

Rediff.com   11 Dec 2020

'When there is unlocking, there is demand revival.' 'This is going to be the main growth engine in this kind of an economic scenario.'

Next gen from Apollo Tyres family floats trucking start-up

Next gen from Apollo Tyres family floats trucking start-up

Rediff.com   10 Dec 2020

The solution works on the pricing and scheduling algorithms that define key parameters necessary for most efficiently matching the supply and demand of freight and trucks.

Nokia starts manufacturing next generation 5G equipment at Chennai facility

Nokia starts manufacturing next generation 5G equipment at Chennai facility

Rediff.com   9 Dec 2020

Nokia said it was the first to manufacture the 5G New Radio in India, and it is now producing Nokia AirScale massive Multiple Input Multiple Output solution at the facility.

US-China trade war a silver lining for India's garment exporters

US-China trade war a silver lining for India's garment exporters

Rediff.com   9 Dec 2020

Exporters say their capacity utilisation has reached almost 70 per cent and that big firms have brought it up to as high as 85 per cent.

DBS retains Lakshmi Vilas Bank's name, logo

DBS retains Lakshmi Vilas Bank's name, logo

Rediff.com   8 Dec 2020

According to experts, 'Lakshmi' and the logo 'Godesses Lakshmi' have a lot of value in India and are the biggest driver for the Bank. Retaining the Lakshmi name and logo will help DBS.

Subramanian Swamy asks for CBI enquiry into RBI's functioning

Subramanian Swamy asks for CBI enquiry into RBI's functioning

Rediff.com   5 Dec 2020

The BJP member also sought to put the LVB-DBS merger on hold in order to facilitate a forensic audit of the takeover of the assets of both banks.

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Rediff.com   1 Dec 2020

NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.

How India Inc plans to tap robust rural market

How India Inc plans to tap robust rural market

Rediff.com   30 Nov 2020

While companies have not launched too many products in rural areas of late, easy financing has helped push up demand.

How the Kerala-based CSB Bank made a dramatic turnaround

How the Kerala-based CSB Bank made a dramatic turnaround

Rediff.com   27 Nov 2020

For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.

RBI rejects Muthoot Finance's plan to buy IDBI AMC

RBI rejects Muthoot Finance's plan to buy IDBI AMC

Rediff.com   25 Nov 2020

IDBI Bank had to sell its MF arm after being acquired by state-owned insurance behemoth Life Insurance Corporation since LIC already had an AMC.

Covid-19 impact: Textile, paint makers roll out antiviral layer to ads

Covid-19 impact: Textile, paint makers roll out antiviral layer to ads

Rediff.com   24 Nov 2020

Almost each of these companies has a different technology to show for the effectiveness against microbes.

The bank branch is dead; long live the branch

The bank branch is dead; long live the branch

Rediff.com   22 Nov 2020

Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.

How safe is Maruti's S-Presso mini SUV?

How safe is Maruti's S-Presso mini SUV?

Rediff.com   12 Nov 2020

Hyundai got two stars for Grand i10 Nios and Kia got three stars for Seltos.

CV sales ride on economic revival, infra and rural demand

CV sales ride on economic revival, infra and rural demand

Rediff.com   3 Nov 2020

MHCV sales' grew by 9% to 5,033 units over September 2020 and 3% over October 2019, the first month registering growth over the previous year.

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Rediff.com   28 Oct 2020

Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.

Despite anti-China sentiment, OnePlus to invest Rs 1,000 cr in India R&D

Despite anti-China sentiment, OnePlus to invest Rs 1,000 cr in India R&D

Rediff.com   22 Oct 2020

OnePlus has over 5,000 offline stores, including partnered stores, across the country, and plans to scale this up to 8,000 stores in the coming quarters.

Kalrock to invest Rs 1K crore as Jet readies to take wings

Kalrock to invest Rs 1K crore as Jet readies to take wings

Rediff.com   19 Oct 2020

The winning bid attracted over 99 per cent votes, with lenders overwhelmingly voting for a revival instead of recovery through liquidation.

Tractor sales cross the 100,000 mark in September; only third time in 3 yrs

Tractor sales cross the 100,000 mark in September; only third time in 3 yrs

Rediff.com   14 Oct 2020

This rise was spurred by record kharif sowing - after a good rabi season - that ensured high disposable incomes in rural India.

How SBI plans to keep YONO ahead of the curve

How SBI plans to keep YONO ahead of the curve

Rediff.com   13 Oct 2020

Apart from fulfilling banking services, one can access more than 100 e-commerce sites, book tickets, and even pay for small value groceries through the app. The bank is now proposing to allow other banks to use this to serve their own customers.

Valli Arunachalam issues legal notice to Murugappa family members

Valli Arunachalam issues legal notice to Murugappa family members

Rediff.com   10 Oct 2020

The development comes after the shareholders of Ambadi Investments, the holding company of the Rs 38,100-crore Murugappa Group, voted against the induction of 59-year-old Valli Arunachalam, the eldest daughter of former executive chairman M V Murugappan, into its board.