Vinay Umarji And T E Narasimhan

Stories by Vinay Umarji And T E Narasimhan

'Sasikala will return with full power if...'

'Sasikala will return with full power if...'

Rediff.com   15 Mar 2021

'If the EPS government falls, Sasikala will return. If EPS wins, he will become an indispensable leader and Sasikala will not be able to return.' T E Narasimhan reports.

Succession saga at Murugappa Group gets murkier

Succession saga at Murugappa Group gets murkier

Rediff.com   11 Mar 2021

Valli Arunachalam had alleged that the group promoters have a gender bias against women getting into the family business and, hence, she and her sister were denied a berth on AIL's board.

IIM-A placements: HUL, Samsung make top offers

IIM-A placements: HUL, Samsung make top offers

Rediff.com   9 Mar 2021

Unlike many other B-schools, IIM Ahmedabad follows a cluster system of final placements process where sectors are invited in cohorts at regular intervals.

How Tamil Nadu has transformed to attract mega investment

How Tamil Nadu has transformed to attract mega investment

Rediff.com   8 Mar 2021

A team of more than 60 people under Neeraj Mittal, an IAS officer, was instrumental in getting up the New Industrial Policy 2021 targeting investments of around Rs 10 trillion by 2025.

IIM-C records 100% placement, avg salary up by 4%

IIM-C records 100% placement, avg salary up by 4%

Rediff.com   8 Mar 2021

172 firms participated in the final placement process.

Aggregate annual PE deal count over 60% in last 5 yrs

Aggregate annual PE deal count over 60% in last 5 yrs

Rediff.com   3 Mar 2021

With the Indian economy expected to emerge as the third largest by 2030, investors have earmarked significant capital to actively participate in the India growth story.

India Inc opens up purse for employee retention

India Inc opens up purse for employee retention

Rediff.com   26 Feb 2021

Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.

Surat's textile hub weaves a revival story amid Covid-19

Surat's textile hub weaves a revival story amid Covid-19

Rediff.com   25 Feb 2021

When the lockdown was lifted last year, Rasikbhai Kotadiya, who runs a powerloom unit in the Kim-Pipodara industrial area on the outskirts of Surat, was left with only four workers out of the 48 that he used to employ to run his 128 looms. Though the economy had been unlocked, his textile unit, and that of thousands of others, struggled to resume operations. By the last week of May, nearly 700,000 of Surat's 1.2-1.5 million migrant workers, left high and dry with no pay during the lockdown, had returned home. In Laskana, another textile weaving hub in Surat, the powerlooms were all but silent, with only 2,000 of the total 55,000 looms churning out grey cloth at a snail's pace.

Bumps galore, but auto hubs breathe easy on sales spike

Bumps galore, but auto hubs breathe easy on sales spike

Rediff.com   22 Feb 2021

The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.

Over 50% MBA students bag international offers

Over 50% MBA students bag international offers

Rediff.com   22 Feb 2021

The highest compensation package for the Global MBA class at the S P Jain School of Management stood at Rs 43.9 lakh while that for the MGB programme was Rs 35 lakh.

Made in India: World's 1st 3D printed rocket engine

Made in India: World's 1st 3D printed rocket engine

Rediff.com   17 Feb 2021

The entire engine, Agnilet, is one piece of hardware from start to finish and has zero assembled parts, reports T E Narasimhan.

PM hands over 'Made-In-India' Arjun battle tank to army

PM hands over 'Made-In-India' Arjun battle tank to army

Rediff.com   15 Feb 2021

The tank, designed, developed, and manufactured by the Defence Research and Development Organisation's Combat Vehicles Research and Development Establishment and made in Tamil Nadu, will be used to protect northern borders.

Why auto sales in January hit speed brake

Why auto sales in January hit speed brake

Rediff.com   10 Feb 2021

Shortage of semiconductors, price hikes pull January auto sales into red. Dec had seen sales grow for 1st time this FY, which dealers called a one-off.

TVS group all set for mega restructuring

TVS group all set for mega restructuring

Rediff.com   28 Jan 2021

The restructuring, which will involve nine listed companies, including TVS Motor, Sundaram Clayton, Sundram Fasteners, TVS Electronics and TVS Srichakra, among others, will give each family group complete ownership of businesses they manage while scrapping the holding company.

Pegatron to assemble Apple iPhones in Tamil Nadu, after Foxconn

Pegatron to assemble Apple iPhones in Tamil Nadu, after Foxconn

Rediff.com   27 Jan 2021

The company is planning to invest Rs 1,100 crore in the new mobile phone manufacturing facility.

Isro all set to launch space-themed merchandise

Isro all set to launch space-themed merchandise

Rediff.com   21 Jan 2021

Isro will rope in industry to manufacture customised Isro-theme T-shirts, coffee mugs, posters, key chains, games, jigsaw puzzle and so on.

Bharat Biotech has two more Covid vaccines in pipeline

Bharat Biotech has two more Covid vaccines in pipeline

Rediff.com   16 Jan 2021

First a scientist and then a businessman, founder chairman Krishna Ella quit his faculty position at the Medical University of South Carolina in Charleston, United States, in 1996 to return to India.

Post Covid, 2-wheeler EV firms see steady growth

Post Covid, 2-wheeler EV firms see steady growth

Rediff.com   11 Jan 2021

EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.

TTK Prestige,India's kitchen 'king' aims to double capacity by FY21

TTK Prestige,India's kitchen 'king' aims to double capacity by FY21

Rediff.com   28 Dec 2020

The company has also set a target of achieving Rs 5,000 crore in the next four years, while for the current fiscal the company expect around 15-18 per cent growth in revenue.