T E Narasimhan, Gireesh Babu &Amp;Amp; Shine Jacob

Stories by T E Narasimhan, Gireesh Babu &Amp;Amp; Shine Jacob

How family-owned TVS group's ownership model will change

How family-owned TVS group's ownership model will change

Rediff.com   11 Dec 2020

The TVS family has been engaged, for more than a century, in a diverse range of businesses through various entities in which the branches of the TVS family have invested in or through T V Sundaram Iyengar & Sons, Sundaram Industries, and Southern Roadways - collectively referred to as the TVS Holding Companies.

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.

After festive season boost, key economic indicators show declining signs

After festive season boost, key economic indicators show declining signs

Rediff.com   9 Dec 2020

Business Standard tracks pollution levels, goods ferried by the Indian Railways and consumer visits to various categories of places, in addition to power generation and traffic numbers to understand the fast-changing situation on the ground.

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.

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.

'Sebi has given go ahead for RailTel IPO'

'Sebi has given go ahead for RailTel IPO'

Rediff.com   30 Nov 2020

'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'

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.

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.

The Kerala minister who's fighting for states in GST Council

The Kerala minister who's fighting for states in GST Council

Rediff.com   23 Oct 2020

Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.

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.

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.

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.

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

Rediff.com   8 Oct 2020

It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.