T E Narasimhan &Amp;Amp; Aneesh Phadnis

Stories by T E Narasimhan &Amp;Amp; Aneesh Phadnis

Aggregate annual PE deal count over 60% in last 5 yrs

Aggregate annual PE deal count over 60% in last 5 yrs

Rediff.com   3 Mar 2021

With the Indian economy expected to emerge as the third largest by 2030, investors have earmarked significant capital to actively participate in the India growth story.

Jio's new offer dampens tariff hike talk, adds to Vi's worries

Jio's new offer dampens tariff hike talk, adds to Vi's worries

Rediff.com   2 Mar 2021

The new offer is part of its strategy to turn India to an exclusively 4G market.

Covid curbs hit flights, airlines see 10% drop in bookings

Covid curbs hit flights, airlines see 10% drop in bookings

Rediff.com   27 Feb 2021

Sources at Mumbai airport said seat occupancy has declined from around 70-72 per cent to 60-64 per cent in last three-four days as passengers are postponing or cancelling trips.

India Inc opens up purse for employee retention

India Inc opens up purse for employee retention

Rediff.com   26 Feb 2021

Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.

As Covid cases rise again, states impose restrictions

As Covid cases rise again, states impose restrictions

Rediff.com   26 Feb 2021

Here's what some states are doing to get a grip on the situation. Ruchika Chitravanshi & Aneesh Phadnis report

Trading glitch: Sebi, FinMin seek detailed report from NSE

Trading glitch: Sebi, FinMin seek detailed report from NSE

Rediff.com   25 Feb 2021

The exchange cited issues with its telecom service providers that prevented stocks and index quotations from getting updated.

Maharashtra's ultimatum to GM's union, management

Maharashtra's ultimatum to GM's union, management

Rediff.com   24 Feb 2021

Maharashtra's Labour Minister Dilip Walse-Patil has sought a written submission from the General Motors' (GM) Employees Union and the management of the company detailing its stance on the issue of plant closure. The labour minister asked the warring sides for submission at a hearing on Tuesday. Both sides have been given a week's time to reply.

Production slumps in the powerloom hub of Bhiwandi

Production slumps in the powerloom hub of Bhiwandi

Rediff.com   23 Feb 2021

Hit hard by volatility in yarn prices, 50% of the looms said to be operating only 3-4 days a week.

Petition by employees of debt-laden Jet Airways rejected

Petition by employees of debt-laden Jet Airways rejected

Rediff.com   23 Feb 2021

A committee of creditors had, in October, approved of the resolution plan submitted by UAE businessman Murari Lal Jalan and Kalrock Capital.

Bumps galore, but auto hubs breathe easy on sales spike

Bumps galore, but auto hubs breathe easy on sales spike

Rediff.com   22 Feb 2021

The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.

Made in India: World's 1st 3D printed rocket engine

Made in India: World's 1st 3D printed rocket engine

Rediff.com   17 Feb 2021

The entire engine, Agnilet, is one piece of hardware from start to finish and has zero assembled parts, reports T E Narasimhan.

Corporate air travel takes wing on economic revival

Corporate air travel takes wing on economic revival

Rediff.com   15 Feb 2021

Online travel portals and airlines say the demand from companies is being led by essential services sectors like pharmaceutical, oil and gas, and power.

PM hands over 'Made-In-India' Arjun battle tank to army

PM hands over 'Made-In-India' Arjun battle tank to army

Rediff.com   15 Feb 2021

The tank, designed, developed, and manufactured by the Defence Research and Development Organisation's Combat Vehicles Research and Development Establishment and made in Tamil Nadu, will be used to protect northern borders.

Why auto sales in January hit speed brake

Why auto sales in January hit speed brake

Rediff.com   10 Feb 2021

Shortage of semiconductors, price hikes pull January auto sales into red. Dec had seen sales grow for 1st time this FY, which dealers called a one-off.

TVS group all set for mega restructuring

TVS group all set for mega restructuring

Rediff.com   28 Jan 2021

The restructuring, which will involve nine listed companies, including TVS Motor, Sundaram Clayton, Sundram Fasteners, TVS Electronics and TVS Srichakra, among others, will give each family group complete ownership of businesses they manage while scrapping the holding company.

Pegatron to assemble Apple iPhones in Tamil Nadu, after Foxconn

Pegatron to assemble Apple iPhones in Tamil Nadu, after Foxconn

Rediff.com   27 Jan 2021

The company is planning to invest Rs 1,100 crore in the new mobile phone manufacturing facility.

Ministry bats for coronavirus vaccines for aviation staff

Ministry bats for coronavirus vaccines for aviation staff

Rediff.com   25 Jan 2021

Railway employees including station masters, engine drivers, ticket checkers, etc too have been selected for vaccination and their list is being compiled for the exercise.

Isro all set to launch space-themed merchandise

Isro all set to launch space-themed merchandise

Rediff.com   21 Jan 2021

Isro will rope in industry to manufacture customised Isro-theme T-shirts, coffee mugs, posters, key chains, games, jigsaw puzzle and so on.

TCS' market capitalisation touches all-time high of Rs 12 trillion

TCS' market capitalisation touches all-time high of Rs 12 trillion

Rediff.com   15 Jan 2021

Currently, TCS is India's second most valuable firm after Reliance Industries, which has a market cap of nearly Rs 12.9 trillion.

As airlines spread wings, regional connectivity gets a boost

As airlines spread wings, regional connectivity gets a boost

Rediff.com   15 Jan 2021

While the number of operational airports in the country will rise to 131, other smaller towns too are seeing a surge in connectivity.