All stories by T E Narasimhan
Textile industry may lose 25% of its jobsRediff.com13 hours ago
While the COVID-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown. Exporters say some customers are not taking delivery of the shipments because they have shut shop. Ready-made garment players had been hoping for a revival in demand in China but with the virus spreading to Europe, the US and other major markets, there are no orders coming from the major retailers.
Coronavirus suddenly thrusts Medimix into limelightRediff.com24 Mar 2020
Born and sold as a cure for skin ailments, the brand that turned 50 last year has never seen such a massive crush at its shelves.
New Creta gets 14K bookings in 2 weeksRediff.com17 Mar 2020
Offering buyers a car that meets their aspirations & lifestyle needs, the Creta became a style icon. The Creta, which was officially launched on Monday, is a global model, created with an investment of more than Rs 1,000 crore.
At Tirupati, deity's call proves stronger than covid-19 fearsRediff.com15 Mar 2020
According to the Tirumala Tirupati Devasthanams (TTD), on March 12, 61,652 pilgrims had darshan, after waiting for nearly five hours, compared to 57,352 on March 11, after they waited for nearly eight hours. On February 12, about 61,860 pilgrims had darshan.
Despite high rates, brands get ready to bat for IPLRediff.com27 Feb 2020
For 2020, 13 brands are said to be on board already and advertising rates have been fixed at a premium of 10-15 per cent over 2019.
MG Motor plans to launch affordable EVs shortlyRediff.com21 Feb 2020
Hopes to launch full-size SUV MG Gloster by Diwali 2020, and have four products in the market in one-and-a-half years of its operations in India.
How Tata Motors has used birds in its aggressive branding exerciseRediff.com17 Feb 2020
Be it the name, the design and communication campaign and the engagement processes being imagined between the brand and its buyers, the company is casting its cars in a new mould, reports T E Narasimhan.
Sales of commercial vehicles, two-wheelers to rise from H2Rediff.com12 Feb 2020
Industry representatives have said from the second half of the year, they hope to see revival because the rural economy is looking up and the projects the government has announced.
Despite new launches, Samsung continues to lag behind Xiaomi in IndiaRediff.com7 Feb 2020
It has 18.9 per cent share of the market, down from 22.6 per cent for the third quarter of 2018 while Xiaomi has 27.1 per cent share.
How TikTok is expanding its footprint in IndiaRediff.com5 Feb 2020
Both its short video-sharing apps have ranked as the top two breakout social apps of 2019 in India.
Auto Expo: Despite coronavirus threat no Chinese firm will pull out, says SiamRediff.com30 Jan 2020
Chinese players form a major part, around 20 per cent of the auto expo this year, despite a slowdown in the Indian automobile sector in the last one year. Over two dozen top officials from various companies were planning to participate in the event, besides a group of journalists.
December's auto sales back in redRediff.com22 Jan 2020
While commercial vehicle (CV) sales were the worst hit, down by 21 per cent to 67,793 units from 85,833 units, two-wheeler sales dropped by 16 per cent to 12,64,169 units from 15,00,545 units. Passenger car sales dropped nine per cent to 215,716 units from 236,586 units.
Auto Expo: From concept vehicles to facelifts, over 70 launches are scheduledRediff.com22 Jan 2020
During the six-day-long event, automakers have planned 10 global launches, 26 India specific launches, six concept vehicles, seven facelifts and 21 vehicle unveilings.
Textile hub Tirupur in trouble as world brands cut down export ordersRediff.com5 Jan 2020
MotherCare, the baby and maternity clothes retailer that annually sourced garments worth Rs 100 crore from a single exporter in Tirupur, filed for bankruptcy in the UK and will close all its 79 shops in that country. It was the latest world-famous brand to pull down Tirupur's fortunes.
Chinese investors are suddenly in love with Indian startupsRediff.com2 Jan 2020
Not just from the likes of Alibaba and Didi Chuxing, Indian startups saw a surge in Chinese funding from financial investors in 2019. This is a seven-fold jump from $459 million in 2016.
Isro puts Chandrayaan-2 setback behind itRediff.com27 Dec 2019
The year ended with the launch of the PSLV's 50th mission.
Tamil Nadu polls: A test for AIADMK, DMKRediff.com24 Dec 2019
The new entrants in Tamil Nadu politics, actor-turned-politicians Rajinikanth and Kamal Haasan, have decided to stay away from the elections, reports T E Narasimhan.
BS-VI effect: Auto firms see PV sales rising in DecemberRediff.com23 Dec 2019
A nationwide and compulsory switch to BS-VI is due from April 1, 2020. Amid increase in input and other costs, companies had decided to increase the price of their vehicles from January 2020. This is expected to push sales of passenger vehicles by 2 to 4 per cent in December; reportedly, bookings are in that range.
M&M succession plan: Change of role for Anand MahindraRediff.com21 Dec 2019
Mahindra will serve as a mentor and sounding board for the managing director on issues to be presented to the board, especially in the areas of strategic planning, risk mitigation and external interface. In addition, he will be available to provide feedback and counsel to the managing director on key issues facing the enterprise.
Yamaha aims to treble India market shareRediff.com21 Dec 2019
'We are bullish about India.'
Dabangg Effect: Pepsi puts the fizz back in Brand SalmanRediff.com18 Dec 2019
Pepsi is betting on Dabangg 3's box office success.
Tamil Nadu rakes in Rs 19,083 cr investment in 10 monthsRediff.com16 Dec 2019
At a time when investors are taking a "wait and watch" approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs 19,083 crore. After Palaniswami took over as chief minister in February 2017, cumulative FDI rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion by June this year. Thanks to the Tamil Nadu Business Facilitation Act, 2018, and the single window for applying and getting clearance for doing business, the ease of business issue has been addressed.
PSA's Citroen announces grand India plans with premium SUV AircrossRediff.com16 Dec 2019
Europe's leading car maker, Groupe PSA, officially announced its re-entry in India this April with the Citroen brand. Citroen C5 Aircross SUV will challenge the likes of Mahindra XUV500, Tata Harrier, Hyundai Tuscon, Jeep Compass and the upcoming MG Hector. The C5 Aircross will be the first of several differentiated products from the company's vehicle manufacturing unit in Tiruvallur, Tamil Nadu.
Coffee prices up 10.1%; trend likely to continueRediff.com11 Dec 2019
Global exports of coffee in October 2019 fell by 13.4 per cent, to 8.91 million bags, compared to the same month in the previous year. A mix of factors, including unfavourable weather patterns and prolonged low international prices, have contributed to a decline in shipments across all regions. The daily price of the ICO composite rose from $102.74 cents/lb at the beginning of November to a high of $111.86 cents/lb on November 25, 2019, before closing the month at $111.77 cents/lb.
Corporate, PE investments in EV start-ups grow 170%Rediff.com4 Dec 2019
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
CV sales drop by over 17% in Nov on slowdown woesRediff.com3 Dec 2019
Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing.
Natural calamities wreak havoc on spices and coffee plantationsRediff.com22 Nov 2019
Karnataka suffered a crop loss in around 97,365 hectares out of the total bearing area of 2,26,244 hectares of coffee and spices plantations.
Rural distress hits moped salesRediff.com19 Nov 2019
TVS Motor Company, the only company in India to manufacture mopeds, said domestic sales dropped by 25.58% in April-Oct and exports fell by nearly 40%.
Datsun, Sunny to drive exports for Renault-Nissan's Chennai plantRediff.com11 Nov 2019
The automaker said that production at the Renault Nissan Alliance Plant, where Nissan, Renault and Datsun brands are manufactured, had gone up by 15 per cent and was expected to increase further on the back of increasing export orders.
How Sugar Free plans to win the twin battle of misinformation and competitionRediff.com27 Oct 2019
To become part of the consumer's monthly shopping cart, Sugar Free has launched new formats and variants and waged war against online venom.
Your Apple iPhone XR is now 'Made in Chennai'Rediff.com23 Oct 2019
The development comes at a time when growing tension in US-China trade ties is forcing companies to explore alternative manufacturing sites in order to derisk operations.
India's automakers hit the fast lane in overseas marketsRediff.com10 Oct 2019
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
Green firecracker norms may rob Sivakasi's sparkleRediff.com9 Oct 2019
Some experts opine that green crackers are yet not practical and question government's move to promote them.
First mover Medimix hopes to ride ayurvedic wave nowRediff.com6 Oct 2019
The packaging is new and so is the way it talks to customers. Plus the brand has been extended into hair oil, shampoo and body wash, products that appeal to the young.
Now Laxmi Vilas Bank under RBI scanner for bad loansRediff.com29 Sep 2019
The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The LVB management is in the process of implementing all of these, said sources.
Tamil Nadu EV policy seeks to attract Rs 50,000 cr, create 150,000 jobsRediff.com17 Sep 2019
The government will create an EV Venture Capital Fund, for financial support to start-ups in the segment. The overall aim is to make Tamil Nadu the preferred destination for EVs and component makers.
Auto slump: Used commercial vehicle sales see uptickRediff.com16 Sep 2019
Average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. A lot of government projects have been announced but these are yet to translate to boost CV sales.
'Orbiter's life to be 7 years as it has extra fuel'Rediff.com9 Sep 2019
'Till date, 90-95 per cent of the mission objectives have been accomplished' 'Future programmes will go as planned' After the moon landing mishap, K Sivan, chairman, Indian Space Research Organisation spoke to T E Narasimhan/Business Standard of the future and the mood among his scientists. Edited excerpts:
Secret behind the success of 90-year old Brand MTRRediff.com8 Sep 2019
While the traditional masala portfolio continues to hold its sway, the brand is up against stiff competition from food delivery apps and the thriving community of restaurants that they support for its ready-to-cook and ready-to-eat fare.
Auto firms unsure if benefits will be seen in festive seasonRediff.com26 Aug 2019
This year, both rural and urban markets have reported around 18 per cent fall in the first quarter. However, most auto majors expect that by January, there would be a pick up.