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

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

Ladakh stand-off: Railways cancels Chinese contract

Ladakh stand-off: Railways cancels Chinese contract

Rediff.com   19 Jun 2020

Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.

A glimpse of how economic activity is picking up

A glimpse of how economic activity is picking up

Rediff.com   17 Jun 2020

While freight traffic has gone up, the Google location data shows more people are stepping out of their homes.

Experts from US to join efforts to control Assam oil well fire

Experts from US to join efforts to control Assam oil well fire

Rediff.com   14 Jun 2020

Singapore-based Alert Disaster Control, one of the largest disaster management companies in the oil and gas sector, has already joined the team of experts from ONGC and OIL, reports Shine Jacob.

Auto retail sales down by 88.87% in May

Auto retail sales down by 88.87% in May

Rediff.com   12 Jun 2020

At the end of May, out of 26,500 outlets about 60 per cent showrooms and 80 per cent workshops were operational across the country.

Lockdown woes: Rail freight traffic drops 28% in April-May

Lockdown woes: Rail freight traffic drops 28% in April-May

Rediff.com   8 Jun 2020

Freight earnings too saw a decline of Rs 8,284 crore to Rs 13,412 crore in the first two months of FY21, compared to Rs 21,696 crore during the same period last year.

The flip side of oil companies' digital drive

The flip side of oil companies' digital drive

Rediff.com   4 Jun 2020

OMCs' Digital India move is likely to have an impact on more than 80.3 million Pradhan Mantri Ujjwala Yojana consumers, majority of whom are not exposed to digital transact.

Railways likely to freeze hiring, cut allowances

Railways likely to freeze hiring, cut allowances

Rediff.com   26 May 2020

Railway traffic has dropped 32 per cent to 99.86 mt between April 1 and May 14, compared to the same time last year, while its revenue, too, dipped 41 per cent to Rs 9,094.38 crore.

Low demand pulls down India's April oil refinery output by 29%

Low demand pulls down India's April oil refinery output by 29%

Rediff.com   24 May 2020

According to industry experts, the consumption of petroleum products in the month of April was only 30-40 per cent of what it had been prior to the lockdown. Due to this, refineries were forced to bring down their capacity too.

Royal Enfield may recall 15,200 units from export markets

Royal Enfield may recall 15,200 units from export markets

Rediff.com   21 May 2020

This is a precautionary service intervention, and will be undertaken across the UK, rest of Europe and South Korea, the company said.

Used car market heads for boom post-lockdown

Used car market heads for boom post-lockdown

Rediff.com   20 May 2020

A study by second-hand car dealer CARS 24 showed 42 per cent of the consumer feel the need for a car to travel safely now. Those who used cabs to commute before the pandemic want to buy a car for the family and a two-wheeler for shorter runs.

Maruti: As people prefer pvt transport, hatchbacks are popular

Maruti: As people prefer pvt transport, hatchbacks are popular

Rediff.com   18 May 2020

While the company used to report bookings of 4,000-5,000 every day, following the partial lifting of lockdown, in a week, it has received around 6,000.

10 planned Mercedes launches on schedule

10 planned Mercedes launches on schedule

Rediff.com   16 May 2020

'Even during the lockdown, we have received many online enquiries and subsequent bookings.'

Lockdown effect: Rs 3,500 crores stuck in Hindi/Telugu/Tamil movies

Lockdown effect: Rs 3,500 crores stuck in Hindi/Telugu/Tamil movies

Rediff.com   15 May 2020

'Maybe it's time for Plan B for the film industry.'

Mix of relief and fear as rail services start

Mix of relief and fear as rail services start

Rediff.com   13 May 2020

For many the resumption of trains is a big boon, but some say it doesn't come without confusion and worries

Excise duty on petrol, diesel raised

Excise duty on petrol, diesel raised

Rediff.com   6 May 2020

No change in retail prices as oil marketing firms to absorb increase

India's first Covid-19 patient speaks up!

India's first Covid-19 patient speaks up!

Rediff.com   28 Apr 2020

The survivor from Thrissur, who returned from Wuhan -- the epicentre of the pandemic -- recounts her road to recovery and her future plans. Shine Jacob reports

Why shale holdings of RIL, GAIL are under pressure

Why shale holdings of RIL, GAIL are under pressure

Rediff.com   25 Apr 2020

American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative.

Coronavirus spoils the show for media and entertainment business

Coronavirus spoils the show for media and entertainment business

Rediff.com   23 Apr 2020

Finding enough shows to air, creating content that gets people to pay and watch and wooing advertisers back into the fold are going to be the biggest challenges the M&E industry faces.

Hyundai plans to go ahead with new launches despite COVID-19

Hyundai plans to go ahead with new launches despite COVID-19

Rediff.com   19 Apr 2020

Company says work-from-home has been useful; doesn't foresee any delay in launches as it awaits govt clarity on resuming operations.

TVS buys UK's iconic Norton in an all-cash deal

TVS buys UK's iconic Norton in an all-cash deal

Rediff.com   18 Apr 2020

Founded by James Lansdowne Norton in Birmingham (in 1898), Norton Motorcycles is among the most popular British motorcycle brands of all time.