Search results for 'industrial development'

Govt introduces bill to open civil nuclear sector to private players

Govt introduces bill to open civil nuclear sector to private players

Rediff.com15 Dec 2025

The Indian government has introduced a bill to overhaul the civil nuclear sector, allowing private participation and establishing a new liability regime. The SHANTI Bill, 2025, aims to repeal existing acts and address industry concerns.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com26 Oct 2025

In an event-heavy week, stock investors will track ongoing quarterly earnings, the US Federal Reserve's interest rate decision, and macroeconomic data for market direction, analysts said. Moreover, progress in India-US trade negotiations will remain a key focus for investors, an expert said.

Axis Max Life aims to be 'breakout No. 3' in life insurance: MD & CEO

Axis Max Life aims to be 'breakout No. 3' in life insurance: MD & CEO

Rediff.com22 Nov 2025

Following Axis Max Life Insurance's second-quarter results for 2025-26, Sumit Madan, managing director and chief executive officer of the company, speaks to Aathira Varier and Subrata Panda/Business Standard about growth aspirations, strategies to offset the impact of the input tax credit (ITC) withdrawal, reverse merger plans, and more.

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

Rediff.com17 Dec 2025

The country's largest IT services firm Tata Consultancy Services on Wednesday outlined an aggressive plan to become the "world's largest AI-led technology services company" as CEO K Krithivasan shared that the company has logged about $1.5 billion in annualised revenue.

Vrusshabha Review: Even Mohanlal Can't Salvage This

Vrusshabha Review: Even Mohanlal Can't Salvage This

Rediff.com29 Dec 2025

Vrusshabha feels like a ChatGPT prompt gone wrong, where the lazy ask for a sure-shot 'Pan Indian' blockbuster formula gives us a flimsy period epic in the guise of an incompetently drawn 'reincarnation drama', observes Arjun Menon.

Nitish Kumar gives up home portfolio after 20 years

Nitish Kumar gives up home portfolio after 20 years

Rediff.com21 Nov 2025

The home portfolio of Bihar, which Chief Minister Nitish Kumar kept with himself all through his nearly 20-year-long tenure, has been given to his deputy, BJP leader Samrat Chowdhury, this time, according to an official notification issued on Friday.

India to procure more Israeli Heron MK-II drones post Op Sindoor

India to procure more Israeli Heron MK-II drones post Op Sindoor

Rediff.com1 Dec 2025

The sources declined to specify the number of drones the Navy plans to acquire but said the focus is now on manufacturing the MK-II in India through partnerships with Hindustan Aeronautics Limited (HAL) and Elcom.

Andhra To Build India's First Giga-Scale Air Taxi Hub

Andhra To Build India's First Giga-Scale Air Taxi Hub

Rediff.com19 Nov 2025

The "Sky Factory" will be one of the world's largest for electric vertical take-off and landing (eVTOL), a manufacturing and assembly process to make electric aircraft that can take off, hover, and land vertically. It will put India on the "map of next-generation aviation" and marks one of the most ambitious eVTOL initiatives in the world, said a state government statement.

Andhra all set for huge investments from Adani Group, Reliance

Andhra all set for huge investments from Adani Group, Reliance

Rediff.com15 Nov 2025

Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.

IPOs increasingly becoming exit vehicles for early investors: CEA

IPOs increasingly becoming exit vehicles for early investors: CEA

Rediff.com21 Nov 2025

India's equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor V Anantha Nageswaran warned on Monday at a CII event.

As IAF eyes 80 transport planes, Lockheed offers C-130J mega hub in India

As IAF eyes 80 transport planes, Lockheed offers C-130J mega hub in India

Rediff.com28 Dec 2025

If Lockheed Martin gets the opportunity, then it will set up a mega hub in India to produce the "iconic" aircraft and it will be the first such global facility outside of the US, top officials of the company told PTI.

Which city has highest area under office lease?

Which city has highest area under office lease?

Rediff.com19 Oct 2025

Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.

Maharashtra, 1st state to ink pact with Musk's Starlink

Maharashtra, 1st state to ink pact with Musk's Starlink

Rediff.com5 Nov 2025

The Maharashtra government on Wednesday announced partnership with billionaire Elon Musk's satellite communications venture in India to deploy a host of satellite-based internet services, becoming the first Indian state to formally tie-up with the US firm. The government signed a Letter of Intent (LOI) with Starlink Satellite Communications Pvt Ltd.

Rs 300 cr Bollywood theme park under Mumbai metro scrapped

Rs 300 cr Bollywood theme park under Mumbai metro scrapped

Rediff.com15 Oct 2025

Maharashtra Cultural Affairs Minister Ashish Shelar has directed the MMRDA to scrap the proposed Bollywood theme park project under a Metro rail corridor following opposition from citizens groups. The funds will be diverted to other priority development projects.

Will Xi Jinping's Enemies Stage A Coup?

Will Xi Jinping's Enemies Stage A Coup?

Rediff.com27 Nov 2025

If Xi Jinping is dethroned in the future, the instrument for that may well be embedded within the PLA, notes former foreign secretary Shyam Saran.

Is India Standing Alone in 2025?

Is India Standing Alone in 2025?

Rediff.com22 Dec 2025

The 2025 US National Security Strategy marks a major pullback, with America turning backward and effectively allowing China greater dominance in Asia. while long-time partners like India are left to face an increasingly unstable global order largely on their own, observes Rajeev Srinivasan.

Modi inaugurates space startup, unveils orbital rocket Vikram-1

Modi inaugurates space startup, unveils orbital rocket Vikram-1

Rediff.com27 Nov 2025

Prime Minister Narendra Modi inaugurated Skyroot's Infinity Campus, highlighting government reforms and the rise of private space companies in India. He also unveiled the company's first orbital rocket, Vikram-I.

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Rediff.com14 May 2025

A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.

Kiran Mazumdar-Shaw meets Sidda, Shivakumar amid Bengaluru infra row

Kiran Mazumdar-Shaw meets Sidda, Shivakumar amid Bengaluru infra row

Rediff.com21 Oct 2025

Biocon chief Kiran Mazumdar-Shaw met with Karnataka's Chief Minister and Deputy Chief Minister on Diwali, amidst ongoing concerns about Bengaluru's infrastructure.

Sarvam AI To Launch India's First LLM In Feb

Sarvam AI To Launch India's First LLM In Feb

Rediff.com20 Nov 2025

Sarvam's LLM will have more than 17 trillion tokens with 17 to 20 per cent coming from Indian data

Pvt banks may lose ground again in FY26 as credit growth lags

Pvt banks may lose ground again in FY26 as credit growth lags

Rediff.com3 Dec 2025

India's private-sector banks are likely to lose market share for a second consecutive year in 2025-26, as their loan books continue to expand much slower than overall bank credit.

SC upholds land acquisition for Yamuna Expressway development

SC upholds land acquisition for Yamuna Expressway development

Rediff.com26 Nov 2024

In a significant verdict, the Supreme Court on Tuesday upheld the validity of land acquisition for the integrated development of the Yamuna Expressway and its adjoining areas in Gautam Budh Nagar, Uttar Pradesh.

'Girls Are Taking A Leap Of Faith Every Day'

'Girls Are Taking A Leap Of Faith Every Day'

Rediff.com28 Nov 2025

Bandana Preyashi, the bold IAS officer from Bihar who took on dreaded dons, is the court-appointed mentor to 18-year-old Sakshi, who had fled home to follow her IAS dream.

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

Pent-up demand boosted retail health insurance segment in October

Pent-up demand boosted retail health insurance segment in October

Rediff.com19 Nov 2025

Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. This growth was driven by pent-up demand in the retail health insurance segment.

'Bihar Supplies Labour To The World...'

'Bihar Supplies Labour To The World...'

Rediff.com12 Nov 2025

'...yet struggles to convert that human capital into domestic productivity.'

IPOs mark a new era for India's hospitality industry with scale, ambition

IPOs mark a new era for India's hospitality industry with scale, ambition

Rediff.com15 Jul 2025

India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.

Sharad Pawar's party sees red over audit of sugar funds

Sharad Pawar's party sees red over audit of sugar funds

Rediff.com28 Oct 2025

The Maharashtra government has requested information regarding the utilization of funds by the Vasantdada Sugar Institute (VSI), led by Sharad Pawar, prompting criticism from the NCP (SP). The government insists it's a routine process, while the opposition alleges political targeting.

Passenger vehicle dispatches up 4% in SepL Siam

Passenger vehicle dispatches up 4% in SepL Siam

Rediff.com15 Oct 2025

Passenger vehicle dispatches from companies to dealers rose 4 per cent year-on-year in September to 372,458 units, industry body SIAM said on Wednesday. The overall passenger vehicle dispatches last month rose 4.4 per cent to 372,458 units, as against 356,752 units in September 2024.

Tourism Faces Jolt After Delhi Blast

Tourism Faces Jolt After Delhi Blast

Rediff.com13 Nov 2025

'Tourists from long-haul markets such as the US, UK, and Western Europe are especially sensitive to such news, and short-term cancellations or postponements of planned trips can be expected.'

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

The Importance Of Putin's India Visit

The Importance Of Putin's India Visit

Rediff.com4 Dec 2025

The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.

Private Talent At PSU Banks Is Welcome, But...

Private Talent At PSU Banks Is Welcome, But...

Rediff.com22 Oct 2025

Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.

ISRO tests cryogenic reignition on 'Bahubali' rocket

ISRO tests cryogenic reignition on 'Bahubali' rocket

Rediff.com2 Nov 2025

Indian Space Research Organisation scientists have carried out a new experiment on the indigenously developed C25 cryogenic stage of the LVM3-M5 rocket which successfully placed the Communication Satellite CMS-03 into the intended orbit on Sunday, said its Chairman V Narayanan.

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Rediff.com9 Dec 2025

Lockheed Martin plans to establish a C-130J Super Hercules co-production facility in India, the first outside the US, as the IAF seeks to procure new transport aircraft.

What Amazon Can Learn From Meesho

What Amazon Can Learn From Meesho

Rediff.com19 Dec 2025

'The Indian consumer is moving so quickly and they have so many options.'

'People Knew Manmohan Singh Had No Vested Interest'

'People Knew Manmohan Singh Had No Vested Interest'

Rediff.com29 Nov 2025

'Maybe he was wrong, but they believed he genuinely meant what he said.'

Lotus-Inspired Mumbai Airport Set to Bloom

Lotus-Inspired Mumbai Airport Set to Bloom

Rediff.com24 Sep 2025

NMIAL is spending close to Rs 18,000 crore to get the airport up and running.

Labour Codes: Trade Unions Raise Red Flags Over Layoffs

Labour Codes: Trade Unions Raise Red Flags Over Layoffs

Rediff.com2 Dec 2025

'Raising the retrenchment, layoff and closure threshold to 300 workers for prior government permission enables hire-and-fire in more than 90 per cent of the Indian workplaces. More than 12,00,000 disputes are now pending for adjudication with an average disposal period ranging from 3 to five years for more than 75 per cent of the disputes.'

'Gen Zs Are Not Interested In Farming'

'Gen Zs Are Not Interested In Farming'

Rediff.com3 Nov 2025

'They are totally disconnected with farm activities which their families have been involved in for years.'