T E Narasimhan

All stories by T E Narasimhan

COVID-19 infects IIT-Madras; forces shutdown

COVID-19 infects IIT-Madras; forces shutdown

Rediff.com18 hours ago

A 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

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

Rediff.com4 days ago

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.com5 days ago

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.com6 days ago

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.com6 days ago

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.

DBS retains Lakshmi Vilas Bank's name, logo

DBS retains Lakshmi Vilas Bank's name, logo

Rediff.com7 days ago

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.com5 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 the Kerala-based CSB Bank made a dramatic turnaround

How the Kerala-based CSB Bank made a dramatic turnaround

Rediff.com27 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.com25 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.

How safe is Maruti's S-Presso mini SUV?

How safe is Maruti's S-Presso mini SUV?

Rediff.com12 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.com3 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.com28 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.

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.com22 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.com14 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.com10 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.

PE/VC investments in pharma cos cross $1 bn mark

PE/VC investments in pharma cos cross $1 bn mark

Rediff.com6 Oct 2020

Fund 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

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

Rediff.com2 Oct 2020

While 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

US continues to be biggest source of VC investment in India

Rediff.com25 Sep 2020

Nearly 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

VC investments from China down by 66% in 2020

Rediff.com18 Sep 2020

The 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

Ready-made garment exports are on a road to revival

Rediff.com17 Sep 2020

Recovery was largely driven by the European Union markets.

Investors are betting big on India's education sector

Investors are betting big on India's education sector

Rediff.com15 Sep 2020

The 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

While Hero MotoCorp, TVS gain mkt share, Honda, Bajaj slip

Rediff.com11 Sep 2020

As 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

This Navratna company to invest Rs 43,000 crore in power, mining projects

Rediff.com9 Sep 2020

The 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

Tractor sales remain strong in August

Rediff.com2 Sep 2020

Increase 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

After 5 years, Nissan, TN govt tax dispute finally ends

Rediff.com27 Aug 2020

The 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?

Is EV rollout sans batteries possible?

Rediff.com24 Aug 2020

An 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?

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'

Covid-19 pandemic is boom time for the 'faraway doctor'

Rediff.com19 Aug 2020

Tele/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

Despite pandemic, investors are flocking to Tamil Nadu

Rediff.com17 Aug 2020

Tamil 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

To beat lockdown blues, brands hit the right chord with digital movies

Rediff.com15 Aug 2020

With 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

PE/VC investments drop 51% to $4.1 billion as big deals shrink in July

Rediff.com14 Aug 2020

According 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

Skyroot becomes first private co to test-fire upper-stage rocket engine

Rediff.com13 Aug 2020

The 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

Passenger vehicle retail sales down 25.19% in July

Rediff.com11 Aug 2020

Dealers 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

COVID is a blessing for Edtech firms as they see massive jump in VC fund

Rediff.com7 Aug 2020

Venture 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

Being 'atmanirbhar' is a mega challenge for auto industry

Rediff.com5 Aug 2020

Indian 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

As rural economy picks up, tractors see decent sales

Rediff.com4 Aug 2020

Companies 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

Textile firms get ready to stitch 'anti COVID' clothing line

Rediff.com1 Aug 2020

To 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

Even before release from jail, Sasikala factor rocks TN politics

Rediff.com22 Jul 2020

The 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

Car makers rejig products as diesel, petrol prices near parity

Rediff.com10 Jul 2020

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 investments

Jio Platforms deals a big boost for PE investments

Rediff.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.

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