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North trails South in electric scooter sales

North trails South in electric scooter sales

Rediff.com26 Oct 2023

The state is also the biggest market for TVS, another incumbent player, and together with Bajaj Auto, they accounted for 88 per cent of Maharashtra's total electric scooter sales last month. As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehicles and that of TVS was 3,389, according to model- and state-wise data from the Society of Indian Automobile Manufacturers (Siam).

Health check for healers: The big audit firms are under the NFRA lens

Health check for healers: The big audit firms are under the NFRA lens

Rediff.com17 Jan 2024

In recent times, more and more audit firms have challenged company managements, some going to the extent of resigning on the ground of incompatibility with what the management wanted or was doing. This, said Ajay Bhushan Pandey, chairman of the National Financial Regulatory Authority (NFRA), in a media interview, was a good sign. Now, the national accounting watchdog has turned the spotlight on audit firms themselves.

What companies have promised to invest in Gujarat

What companies have promised to invest in Gujarat

Rediff.com10 Jan 2024

Prime Minister Narendra Modi on Wednesday said the world looks at India as an important pillar of stability, a trusted friend, an engine of growth in the global economy, a technology hub for finding solutions and a powerhouse of talented youth. He also said that in the rapidly changing world order, India is moving forward as 'vishwa mitra' (friend of the world). Speaking at the inauguration of the 10th edition of the Vibrant Gujarat Global Summit, which saw participation of state hea

Stock Picks: 10 Value Bets For Rich Payoffs

Stock Picks: 10 Value Bets For Rich Payoffs

Rediff.com7 Nov 2023

10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.

Want To Buy This E-Bike For Rs 1.09 Lakh?

Want To Buy This E-Bike For Rs 1.09 Lakh?

Rediff.com28 Apr 2023

Vader is the first electric bike in India to offer 7-inch Android display.

Why Aditya L1 Is Super Special

Why Aditya L1 Is Super Special

Rediff.com4 Sep 2023

India's first solar mission, if successful, will showcase ISRO's ability to explore the cosmos, explains Kumar Abishek.

Electric vehicles set to get costlier as battery prices rise

Electric vehicles set to get costlier as battery prices rise

Rediff.com5 Jan 2022

The soaring prices of metals like lithium, nickel and cobalt, which are the primary constituents of the cell, as well as supply chain bottlenecks, are also pushing up the cost of batteries

In India, electric vehicles are set to get costlier from 2022

In India, electric vehicles are set to get costlier from 2022

Rediff.com27 Dec 2021

While traditional automakers in India are reeling under a global shortage of semiconductors, the country's electric vehicle (EV) makers, too, are now facing a shortage of lithium-ion batteries, a key raw material. The soaring prices of metals like lithium, nickel and cobalt, which are the primary constituents of the cell, as well as supply chain bottlenecks, are also pushing up the cost of batteries. Battery manufacturers say that prices have been increasing every quarter since the beginning of 2021.

Will Tata Steel's global stride with new deal aid profitability?

Will Tata Steel's global stride with new deal aid profitability?

Rediff.com21 Nov 2023

It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.

After historic Moon landing, ISRO launches maiden solar mission Aditya- L1

After historic Moon landing, ISRO launches maiden solar mission Aditya- L1

Rediff.com2 Sep 2023

The successful launch of the maiden solar mission of the Indian Space Research Organisation came on the heels of the historic lunar landing mission - Chandrayaan-3.

Maruti's Goal: Hybrid, Not EV, Cars

Maruti's Goal: Hybrid, Not EV, Cars

Rediff.com16 Aug 2023

'We are going to have hybrid cars, which, as far as I know, none of our competition is working on, and this includes ethanol.'

New bids likely for one vacant slot in advanced cell PLI

New bids likely for one vacant slot in advanced cell PLI

Rediff.com2 Mar 2023

The government is considering the option of inviting fresh applications to bid for the fourth slot which fell vacant after one of the initial candidates who qualified, Hyundai Global Motors, exited from the production-linked incentive (PLI) scheme for advanced chemistry cell battery storage with a capacity of 20 GwH. Earlier, stakeholders had expected that the vacant slot would be offered to waitlisted players ranked on their technical and financial offer. A final decision will be taken soon.

Chandrayaan-3 lander separated, all eyes soft landing on Moon on Aug 23

Chandrayaan-3 lander separated, all eyes soft landing on Moon on Aug 23

Rediff.com17 Aug 2023

Lander Module of Chandrayaan-3 spacecraft comprising the lander and rover has successfully separated from the Propulsion Module, Indian Space Research Organisation said on Thursday.

All eyes on Isro as India to launch Chandrayaan-3 today

All eyes on Isro as India to launch Chandrayaan-3 today

Rediff.com14 Jul 2023

Friday's mission is the fourth operational flight of LVM3 which aims to launch the Chandrayaan-3 spacecraft into a Geo Transfer Orbit.

F77: The Latest Electric Sports Bike

F77: The Latest Electric Sports Bike

Rediff.com29 Nov 2022

There will be two variants on sale -- namely the F77 and the F77 Recon, priced at Rs 3.8 lakh and Rs 4.55 lakh (ex-showroom) respectively.

Who Will Mine The Lithium Reserves?

Who Will Mine The Lithium Reserves?

Rediff.com3 Mar 2023

Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.

Why Ola decides to recall 1,441 units of S1

Why Ola decides to recall 1,441 units of S1

Rediff.com25 Apr 2022

Ola Electric became the latest among electric scooter (e-scooter) makers to have started the exercise of recalling a specific batch of its model after a rap on the knuckles by the government. Union Minister of Road Transport & Highways Nitin Gadkari on Thursday advised electric vehicle (EV) companies to act responsibly by identifying and recalling defective batches without waiting for orders or guidelines from the ministry. The Bengaluru-based start-up is conducting pre-emptive diagnostics and health check on 1,441 scooters, it said in a statement on Sunday.

Nuclear Or Conventional Submarines: What Should India Pick?

Nuclear Or Conventional Submarines: What Should India Pick?

Rediff.com13 Jun 2023

The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).

Why We Are Moonstruck

Why We Are Moonstruck

Rediff.com29 Jul 2023

Deciphering its secrets will unlock the early history of not only our planet, but also of the star system, explains Kumar Abishek.

When Will Yogi Have His Film City?

When Will Yogi Have His Film City?

Rediff.com26 Apr 2023

'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'

Dad steps down, Jayadev Galla helms Amara Raja

Dad steps down, Jayadev Galla helms Amara Raja

Rediff.com15 Jun 2021

'I have personally been very keen on investing in lithium ion battery technology for some time.'

India eyes rare feat as ISRO gears up for 3rd lunar mission

India eyes rare feat as ISRO gears up for 3rd lunar mission

Rediff.com12 Jul 2023

Four years after it broke many hearts, Indian Space Research Organisation's Chandrayaan is all set to soar towards the moon in its third expedition on Friday in an attempt to put the country in an elite club of nations that accomplished lunar missions with a soft landing.

Chandrayaan-3: All set, for touchdown and history

Chandrayaan-3: All set, for touchdown and history

Rediff.com23 Aug 2023

India will become the fourth country to master the technology of soft-landing on the lunar surface after the US, China and the erstwhile Soviet Union.

Now, Indian Railway is going the EV way

Now, Indian Railway is going the EV way

Rediff.com3 Sep 2019

Railways is testing waters for locomotives to run on lithium-ion batteries, the most common ones used in electric vehicles.

Will Apple Do in India What Samsung Did In Vietnam?

Will Apple Do in India What Samsung Did In Vietnam?

Rediff.com31 May 2023

Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.

Reliance to raise $5 bn to retire existing debts

Reliance to raise $5 bn to retire existing debts

Rediff.com2 Jan 2022

Billionaire Mukesh Ambani's Reliance Industries on Saturday said it will raise as much as $5 billion in foreign currency-denominated bonds and use the proceeds to retire existing borrowings. In a stock exchange filing, the company said the Finance Committee of the company board at its meeting on Saturday approved a "proposal for issuance of senior unsecured US Dollar-denominated fixed-rate notes from time to time, for an aggregate amount up to $5 billion, in one or more tranches".

'17 minutes of terror': ISRO all set for Chandrayaan-3's moon landing

'17 minutes of terror': ISRO all set for Chandrayaan-3's moon landing

Rediff.com22 Aug 2023

The entire process being autonomous when the lander has to fire its engines at the right times and altitudes, use the right amount of fuel, and scan of the lunar surface for any obstacles or hills or craters before finally touching down.

Chandrayan-3 goes where no one has been before -- Moon's south pole

Chandrayan-3 goes where no one has been before -- Moon's south pole

Rediff.com14 Jul 2023

Chandrayaan 3 follows the Chandrayaan 2 mission which did not achieve the desired soft landing on the surface of the moon in 2019, disappointing the scientists.

David Julius, Ardem Patapoutian jointly win Nobel Prize for Medicine

David Julius, Ardem Patapoutian jointly win Nobel Prize for Medicine

Rediff.com4 Oct 2021

David Julius and Ardem Patapoutian jointly won the 2021 Nobel Prize for Physiology or Medicine for their discoveries of receptors for temperature and touch, announced the award-giving group on Monday.

What is the biggest threat to India's e-vehicle dream?

What is the biggest threat to India's e-vehicle dream?

Rediff.com10 Jan 2018

E-vehicles may face pollution hurdle with hazardous batteries. One lithium-ion battery has a potential to poison the whole water aquifer of Delhi.

For the foreseeable future, diesel is likely to drive India's economy

For the foreseeable future, diesel is likely to drive India's economy

Rediff.com19 May 2023

India's climate change goals are turning combustible. On the one hand, a protracted dispute between the government and manufacturers over subsidies threatens to slow the pace of electric vehicle (EV) sales. On the other hand, repeated assertions by different arms of the government over banning sales of new fossil fuel-fired vehicles have queered the pitch for energy investments. Before we address the issue of the recommended diesel vehicle ban in the recent report on energy transition, issued months before the next round of global climate talks begin in Dubai in November, let's look at what's at stake.

SpiceJet's licence to carry dangerous goods temporarily suspended

SpiceJet's licence to carry dangerous goods temporarily suspended

Rediff.com15 Oct 2021

Aviation regulator DGCA has temporarily suspended SpiceJet's licence for the transportation of 'dangerous goods' for alleged violations, according to sources. The suspension is for 30 days, and during this period, SpiceJet will not be allowed to carry dangerous goods, including lithium-ion batteries, on its domestic as well as international flights, the sources told PTI on Friday. When contacted, a SpiceJet spokesperson did not directly mention the suspension.

Why electric two-wheelers missed the ambitious 1 million sales target

Why electric two-wheelers missed the ambitious 1 million sales target

Rediff.com1 Mar 2023

With just a month left in this financial year, electric two-wheeler sales, so far, are at just 62 per cent of the ambitious target of 1 million units set for 2022-23 by the NITI Aayog. According to VAHAN data, compiled by the Society of Manufacturers of Electric Vehicles (SMEV), 620,006 units of electric two-wheelers were sold across the country in FY23 until February 21. Though the industry may miss the 1-million target, sales in FY23 are already up 146 per cent from 249,621 units sold in FY22.

China holds meet with 19 countries in Indian Ocean region without India

China holds meet with 19 countries in Indian Ocean region without India

Rediff.com26 Nov 2022

Last year, China held a meeting with some South Asian countries on COVID-19 vaccine cooperation without the participation of India.

How india Inc biggies are going green

How india Inc biggies are going green

Rediff.com6 Jan 2022

India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Rediff.com1 Feb 2023

The Union Budget on Wednesday outlined several initiatives to drive India's technology agenda and boost digital infrastructure, including new centres of excellence for artificial intelligence, National Data Governance Policy, and Entity DigiLocker.

Audi launches 3 all-electric SUVs under its e-tron range

Audi launches 3 all-electric SUVs under its e-tron range

Rediff.com23 Jul 2021

German luxury car maker Audi on Thursday launched three all-electric SUVs under its e-tron range with prices starting from Rs 99.99 lakh kicking off its electrification journey in the country. The three all-electric SUVs -- e-tron 50, e-tron 55 and e-tron Sportback 55 -- are priced at Rs 99.99 lakh, Rs 1.16 crore and Rs 1.18 crore respectively (all prices ex-showroom), Audi India said in a statement. Commenting on the launch of the e-tron brand in India, Audi India Head Balbir Singh Dhillon said, "we are launching not one, but three electric SUVs that begin our electrification journey." The three electric SUVs are "the perfect confluence of luxury, zero emissions, performance and everyday usability", he added.

ISRO successfully launches PSLV-C53 with 3 Singapore satellites onboard

ISRO successfully launches PSLV-C53 with 3 Singapore satellites onboard

Rediff.com30 Jun 2022

On Thursday, the four-stage, 44.4 metre tall PSLV-C53 that blasted off from the second launch pad of Satish Dhawan Space Centre and placed the three Singapore satellites--DS-EO, NeuSAR and SCOOB-1 in intended orbit.

Ola to enter electric car segment; to launch first model by 2024

Ola to enter electric car segment; to launch first model by 2024

Rediff.com15 Aug 2022

Ola Electric on Monday said it will foray into the electric car segment with plans to launch its first model by 2024. The company, which struggled with deliveries for its electric scooters after it announced entry into the segment exactly a year ago, has set an ambitious target of selling 10 lakh electric cars by 2026-2027. In a press conference, Ola founder and CEO Bhavish Aggarwal said Ola Electric aims to provide a range of electric two-wheelers to electric cars which are priced in the range of Rs 1 lakh to Rs 50 lakh.

ACME, Tata Power among 60 firms to sign MoUs worth Rs 1.25 trn with TN govt

ACME, Tata Power among 60 firms to sign MoUs worth Rs 1.25 trn with TN govt

Rediff.com5 Jul 2022

Tamil Nadu secured investments worth Rs 1.44 trillion on Monday by signing of memoranda of understanding (MoU) with 60 companies, laying of foundation stones and inauguration of new projects.