All stories by T E Narasimhan
COVID-19 infects IIT-Madras; forces shutdown
Rediff.com18 hours agoA total of 774 students are on the campus and most of those who were infected were residents of Krishna and Jamuna hostels.
How family-owned TVS group's ownership model will change
Rediff.com4 days agoThe 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
Rediff.com5 days agoThe 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
Rediff.com6 days agoNokia 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
Rediff.com6 days agoExporters 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.
DBS retains Lakshmi Vilas Bank's name, logo
Rediff.com7 days agoAccording 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
Rediff.com5 Dec 2020The 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 the Kerala-based CSB Bank made a dramatic turnaround
Rediff.com27 Nov 2020For 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
Rediff.com25 Nov 2020IDBI Bank had to sell its MF arm after being acquired by state-owned insurance behemoth Life Insurance Corporation since LIC already had an AMC.
How safe is Maruti's S-Presso mini SUV?
Rediff.com12 Nov 2020Hyundai got two stars for Grand i10 Nios and Kia got three stars for Seltos.
CV sales ride on economic revival, infra and rural demand
Rediff.com3 Nov 2020MHCV 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
Rediff.com28 Oct 2020Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.
Despite anti-China sentiment, OnePlus to invest Rs 1,000 cr in India R&D
Rediff.com22 Oct 2020OnePlus 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
Rediff.com14 Oct 2020This 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
Rediff.com10 Oct 2020The 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.
PE/VC investments in pharma cos cross $1 bn mark
Rediff.com6 Oct 2020Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.
After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani
Rediff.com2 Oct 2020While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.
US continues to be biggest source of VC investment in India
Rediff.com25 Sep 2020Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.
VC investments from China down by 66% in 2020
Rediff.com18 Sep 2020The drop was the result of the change in FDI rules, which was amplified by the border standoff between India and China.
Ready-made garment exports are on a road to revival
Rediff.com17 Sep 2020Recovery was largely driven by the European Union markets.
Investors are betting big on India's education sector
Rediff.com15 Sep 2020The pandemic has confined students across all ages to home and digital education is the only way to continue learning.
While Hero MotoCorp, TVS gain mkt share, Honda, Bajaj slip
Rediff.com11 Sep 2020As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.
This Navratna company to invest Rs 43,000 crore in power, mining projects
Rediff.com9 Sep 2020The company signed a JV agreement with Coal India to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027.
Tractor sales remain strong in August
Rediff.com2 Sep 2020Increase in kharif sowing area, good monsoon, rural cash flows and base effect among factors that have driven volumes.
After 5 years, Nissan, TN govt tax dispute finally ends
Rediff.com27 Aug 2020The dispute arose after Nissan alleged that Tamil Nadu hadn't paid certain incentives under a 2008 agreement to set up a car plant at Oragadam, near Chennai.
Is EV rollout sans batteries possible?
Rediff.com24 Aug 2020An EV has to be purchased along with the battery as there are hardly any battery swapping, rental, or leasing business models available across India.
Can India's defence sector be atmanirbhar?
Rediff.com24 Aug 2020'We see the defence industry as one of the leading sectors, which will significantly contribute to the growth of the Indian economy, but more importantly, bring atmanirbharta to national security.'
Covid-19 pandemic is boom time for the 'faraway doctor'
Rediff.com19 Aug 2020Tele/video-consults have been effective for patients requiring post-hospitalisation follow-up, especially if they are from outside the city; patients with chronic diseases that need periodic monitoring; and pregnant women who require routine checkup with minimum exposure.
Despite pandemic, investors are flocking to Tamil Nadu
Rediff.com17 Aug 2020Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.
To beat lockdown blues, brands hit the right chord with digital movies
Rediff.com15 Aug 2020With theatres remaining shut, new releases are making a beeline for OTT platforms, and companies are forging tie-ups to reach out to the target audience.
PE/VC investments drop 51% to $4.1 billion as big deals shrink in July
Rediff.com14 Aug 2020According to the IVCA-EY report, July recorded 10 large deals worth $3.1 billion compared to 13 large deals worth $7.1 billion in July 2019.
Skyroot becomes first private co to test-fire upper-stage rocket engine
Rediff.com13 Aug 2020The spacetech startup is expected to launch the first rocket which can hurl satellites of 250-700 kg into a lower Earth orbit by end-2021.
Passenger vehicle retail sales down 25.19% in July
Rediff.com11 Aug 2020Dealers say that the full-year outlook remains negative with a projected contraction in retail sales of 15-35 per cent across segments, save tractors, which look set to clock a positive annual growth.
COVID is a blessing for Edtech firms as they see massive jump in VC fund
Rediff.com7 Aug 2020Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.
Being 'atmanirbhar' is a mega challenge for auto industry
Rediff.com5 Aug 2020Indian auto industry's dependence on China is high and it will continue to be so in the BS-VI era and as the country moves towards electric mobility. Domestic players lack both technological competence and the sheer pricing advantage that support Chinese imports.
As rural economy picks up, tractors see decent sales
Rediff.com4 Aug 2020Companies expect to reach full capacity in August after fixing supply chains that collapsed in the months-long lockdown to contain the coronavirus.
Textile firms get ready to stitch 'anti COVID' clothing line
Rediff.com1 Aug 2020To cater to the antiviral fabrics and antimicrobial segment, almost all the Indian big textiles brands, including Reliance, Arvind, Aditya Birla, Donear Group, Raymond, and Siyaram have entered the market. Companies started their journey with reusable masks and PPE kits, and today, they are offering a range of PPE clothing along with fashion and casualwear.
Even before release from jail, Sasikala factor rocks TN politics
Rediff.com22 Jul 2020The big question is: Will her release be a threat to Chief Minister Edappadi K Palaniswami? The answer is, while it may give him moments of nervousness, he will not be replaced, say political experts. T E Narasimhan reports.
Car makers rejig products as diesel, petrol prices near parity
Rediff.com10 Jul 2020While 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 investments
Rediff.com2 Jul 2020Investments 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.
