All stories by T E Narasimhan
Car makers rejig products as diesel, petrol prices near parityRediff.com11 hours ago
While the share of diesel vehicles sales in the overall passenger car industry has already fallen sharply, sales of CNG vehicles have shown a compound annual growth rate of 15.5 per cent over the past five years.
Jio Platforms deals a big boost for PE investmentsRediff.com2 Jul 2020
Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.
How Hyundai Creta busted the no sales in lockdown mythRediff.com24 Jun 2020
Smart positioning, continued communication and a global design language have played a big role, say experts
Despite anti-China sentiments will Vivo manage to keep ringing?Rediff.com24 Jun 2020
As campaigns against Chinese brands intensify and the virus keeps people indoors, Vivo plays it slow with a digital-first launch plan.
'We will continue with China business'Rediff.com23 Jun 2020
Sundram Fasteners is planning to grow the Chinese venture further expanding on its product range covering fasteners, bearing housings, machined castings.
Auto retail sales down by 88.87% in MayRediff.com12 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.
Royal Enfield may recall 15,200 units from export marketsRediff.com21 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-lockdownRediff.com20 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 popularRediff.com18 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 scheduleRediff.com16 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 moviesRediff.com15 May 2020
'Maybe it's time for Plan B for the film industry.'
Coronavirus spoils the show for media and entertainment businessRediff.com23 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-19Rediff.com19 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 dealRediff.com18 Apr 2020
Founded by James Lansdowne Norton in Birmingham (in 1898), Norton Motorcycles is among the most popular British motorcycle brands of all time.
How Tamil Nadu is fighting Covid-19Rediff.com13 Apr 2020
The state is following surveillance, containment, increasing testing facilities, and ensuring essentials at people's doorstep, among other strategies, reports T E Narasimhan.
Textile industry may lose 25% of its jobsRediff.com10 Apr 2020
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.