Vrishti Beniwal, Sanjeeb Mukherjee And Shine Jacob

Stories by Vrishti Beniwal, Sanjeeb Mukherjee And Shine Jacob

This is one of the largest health-care deals in India

This is one of the largest health-care deals in India

Rediff.com   13 Dec 2024

'Along with Blackstone, we would be keen to look at opportunities in the North.'

Dhoni Beats Bachchan, SRK!

Dhoni Beats Bachchan, SRK!

Rediff.com   5 Dec 2024

Dhoni endorses 42 brands to Bachchan's 41 and SRK's 34.

This Winter To Be Warmer Than Normal

This Winter To Be Warmer Than Normal

Rediff.com   3 Dec 2024

The cold wave days in December too are expected to be 'below-normal' this year.

Global Footwear Majors Betting Big On Tamil Nadu

Global Footwear Majors Betting Big On Tamil Nadu

Rediff.com   28 Nov 2024

The state is in the process of grooming a supplier ecosystem, for which India is almost entirely dependent on imports.

PMAY-G survey to use 'face recognition' tools to identify new beneficiaries

PMAY-G survey to use 'face recognition' tools to identify new beneficiaries

Rediff.com   20 Nov 2024

A fresh survey to identify a minimum of eight million new beneficiaries of the flagship rural housing scheme, in addition to the 12 million already identified, will use the latest face-recognition tools to minimise gaps, a senior official said on Tuesday. The survey, which has already started across the country for building the fresh 20 million new rural houses over the next five years, can also be done by the beneficiary himself/herself as well through the Awaassoft mobile application specially created for this purpose.

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Rediff.com   18 Nov 2024

According to a recent CareEdge Ratings report, Bangladesh accounts for around 50-60 per cent of India's total medical tourism inflow

Textile hub Tiruppur weaves a comeback as exports spring back to life

Textile hub Tiruppur weaves a comeback as exports spring back to life

Rediff.com   12 Nov 2024

After experiencing an 11 per cent contraction in exports in 2023-24 (FY24) due to a dip in exports for 10 consecutive months from April to January, the Tiruppur textile industry is back on track in 2024-25 (FY25). The cluster, which contributes 55 per cent of the country's total knitwear exports, posted a 13 per cent increase in the first five months of this financial year (FY25), with August seeing a 22 per cent rise - the highest in over two years.

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Rediff.com   7 Nov 2024

Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a record for a private sector IPO in the United Arab Emirates. The company is controlled by Kerala-based business tycoon MA Yusuff Ali. The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date.

Maruti Suzuki eyes two-fold jump in exports after historic high in October

Maruti Suzuki eyes two-fold jump in exports after historic high in October

Rediff.com   5 Nov 2024

Maruti Suzuki India Ltd (MSIL), the largest passenger vehicle manufacturer in India, has set a road map to expand its global presence by targeting exports of 800,000 units by the end of this decade -- almost double the approximately 280,000 units sent abroad in 2023-24, Rahul Bharti, executive director, corporate affairs, told Business Standard. The company's upcoming electric vehicle (EV) strategy is expected to play a crucial role in its global ambitions.

MGNREGA participation dipped in first 6 months this FY compared to last

MGNREGA participation dipped in first 6 months this FY compared to last

Rediff.com   28 Oct 2024

Fewer people participated in MGNREGA during the first six months of this financial year (April-September) compared to the same period last year, a recent analysis of the scheme's performance by LibTech showed.

Tomato price volatility exposes gaps in India's agriculture supply chain

Tomato price volatility exposes gaps in India's agriculture supply chain

Rediff.com   26 Oct 2024

Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.

Firecrackers Capital Sivakasi Faces Uncertain Future

Firecrackers Capital Sivakasi Faces Uncertain Future

Rediff.com   24 Oct 2024

Sivakasi is fighting for survival, thanks to the ban on firecrackers in Delhi, regulations in several other cities, pandemic-imposed sales dips, the ban on the use of barium nitrate...

Royal Enfield announces 1st assembly unit in Bangladesh

Royal Enfield announces 1st assembly unit in Bangladesh

Rediff.com   23 Oct 2024

Indian motorcycle maker Royal Enfield on Tuesday announced starting a manufacturing unit and a showroom in Bangladesh, marking a major industrial development in the neighbouring country where the former prime minister Sheikh Hasina fled in August after weeks-long protests against her. The manufacturing facility in Chauddagram in Cumilla district is Royal Enfield's sixth outside India and besides the one in Tamil Nadu. Royal Enfield, the global leader in the mid-size motorcycle segment, has set up the facility in collaboration with IFAD Motors.

Global firms form 'good rice alliance' for Indian farmers

Global firms form 'good rice alliance' for Indian farmers

Rediff.com   21 Oct 2024

Four big global companies - Bayer, GenZero (a wholly-owned arm of financial major Temasek), Shell and Mitsubishi - have decided to scale up their carbon credit programme in nine states to empower farmers. The credits are generated through the adoption of smart agriculture practices - Alternate Wetting and Drying (AWD) and Direct Seeded Rice (DSR). Since over a year, the project, which was being run on a pilot basis, has positively impacted 10,000 farmers, covering more than 25,000 hectares.

Samsung Plant To Resume After 37 Day Strike

Samsung Plant To Resume After 37 Day Strike

Rediff.com   18 Oct 2024

Employees were told to return to work from Monday onwards for a fresh start for improved production.

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com   12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

Tata leaves behind an unfulfilled dream: A Nano EV

Tata leaves behind an unfulfilled dream: A Nano EV

Rediff.com   11 Oct 2024

From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Rediff.com   9 Oct 2024

Workers' strike at Samsung Electronics plant at Sriperumbudur entered 30th day on Tuesday with no end in sight as Centre of Indian Trade Unions (CITU), the union leading the charge, claimed that its major demands are yet to be fulfilled. This is despite the company agreeing to pay a special incentive to the employees.

Foxconn arm to infuse Rs 13K cr to set up TN factory

Foxconn arm to infuse Rs 13K cr to set up TN factory

Rediff.com   9 Oct 2024

The Tamil Nadu government on Tuesday cleared the Rs 13,180 crore project by Yuzhan Technology, part of Taiwan's Foxconn Group, at Kancheepuram. The unit is reportedly expected to assemble smartphone display modules, which will be one of the first such units to cater to Apple's growing presence in the country. The unit is expected to generate at least 14,000 jobs. Of the 14 existing manufacturing units in the Apple supply chain, seven are based in Tamil Nadu.

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com   8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'