News for 'All India Manufacturers Organisation'

AstraZeneca admits in court: Covishield causes TTS

AstraZeneca admits in court: Covishield causes TTS

Rediff.com30 Apr 2024

United Kingdom-headquartered pharmaceutical giant AstraZeneca (AZ) has admitted that in 'very rare cases' its Covid vaccine can cause a blood clot related side effect but the causal link is unknown, according to court papers being quoted in the UK media.

Companies Plan Yoga Day Celebration

Companies Plan Yoga Day Celebration

Rediff.com21 Jun 2024

'An in-house contest encourages employees to share yoga and well-being practices with their families.'

Hyderabad firm develops next-gen XBB1.5 Covid vax, awaits trial nod

Hyderabad firm develops next-gen XBB1.5 Covid vax, awaits trial nod

Rediff.com28 Dec 2023

As of now, Gennova Biopharmaceuticals has launched a vaccine, Gemcovac-OM, which is based on the Omicron variant.

'India needs a large defence manufacturing base'

'India needs a large defence manufacturing base'

Rediff.com23 Feb 2010

Defence Minister A K Antony called upon the private and public sector on Tuesday to join hands to help India achieve self-reliance in defence production, asking them to set up a large, modern manufacturing base in the country.

Why Election 2024 Is So Subdued...

Why Election 2024 Is So Subdued...

Rediff.com22 Apr 2024

'It's dull because this time the election is spread over such a long period.'

Railways manufactures prototype of non-AC isolation coaches

Railways manufactures prototype of non-AC isolation coaches

Rediff.com29 Mar 2020

To make the modified isolation ward, the middle berth was removed, the lower portion of the compartment plugged by plywood and a provision of partition provided from the aisle side for the isolation of the compartment, the railways said.

GenAI can add $1.5 trn to GDP by 2030: EY

GenAI can add $1.5 trn to GDP by 2030: EY

Rediff.com18 Dec 2023

Generative AI (GenAI) has the potential to add a cumulative $1.2-1.5 trillion to India's GDP over the next seven years, according to a report by EY. The report titled 'AIdea of India: Generative AI's potential to accelerate India's digital transformation' says that in 2029-30 alone, GenAI can contribute an additional $359-438 billion to India's GDP. The report said that around 69 per cent of the overall impact of GenAI on India's GDP is expected to be derived from sectors such as business services (including IT, legal, consulting, rental of machinery and equipment, and others), financial services, education, retail, and healthcare.

'86% executives using AI to boost revenue'

'86% executives using AI to boost revenue'

Rediff.com16 May 2024

As many as 86 per cent of senior business executives have deployed artificial intelligence (AI) to enhance revenue streams or create new ones, said a report by Tata Consultancy Services (TCS) on Wednesday. As many as 69 per cent of businesses are more focused on using AI for innovation and increasing revenue than on improving productivity and optimising cost, said the 'TCS AI for Business Study'.

BJP releases manifesto for LS polls: No NRC in 'Modi ki guarantee'

BJP releases manifesto for LS polls: No NRC in 'Modi ki guarantee'

Rediff.com14 Apr 2024

Prime Minister Narendra Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions as the Bharatiya Janata Party on Sunday released its manifesto, prioritising development and welfare while shunning populist measures and contentious issues like the National Register of Citizens (NRC).

Will ban import of soldiers' clothing if manufactured in India: CDS

Will ban import of soldiers' clothing if manufactured in India: CDS

Rediff.com17 Mar 2021

The armed forces will completely ban the import of clothing, required to sustain its soldiers at extreme temperatures across the country, if the Indian textile industry is able to innovate and manufacture them, said Chief of Defence Staff (CDS) General Bipin Rawat.

Why Drug Prices Won't Increase This Year

Why Drug Prices Won't Increase This Year

Rediff.com5 Apr 2024

The government has been stringent with pricing changes. Prices of 651 essential medicines came down from April 1, 2023 by 6.73 per cent with the government capping ceiling prices of these drugs.

Cargo meant for Pak nuclear programme held in Mumbai

Cargo meant for Pak nuclear programme held in Mumbai

Rediff.com2 Mar 2024

The customs officials, based on an intelligence input, halted a Malta-flagged merchant ship -- CMA CGM Attila -- at the port en route to Karachi on January 23 and inspected the consignment, which included a Computer Numerical Control (CNC) machine, originally manufactured by an Italian company.

Deliberate attempt to justify rigging: Oppn on BJP sweep prediction

Deliberate attempt to justify rigging: Oppn on BJP sweep prediction

Rediff.com2 Jun 2024

Asked how many seats INDIA bloc will get, Gandhi said, "Have you heard Sidhu Moose Wala's song '295'? So 295 (seats)."

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Rediff.com1 Apr 2024

A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore's PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle manufacturing unit by Vietnamese major VinFast, the Indian Space Research Organisation's second spaceport in Tamil Nadu's Kulasekarapattinam, and Singapore's Sembcorp's Rs 36,238 crore investment in renewable energy.

IAF To Get More Power With Gen-5 Fighter

IAF To Get More Power With Gen-5 Fighter

Rediff.com18 Jun 2024

In the event of a war with China, AMCA deep strikes would target China's rail and road links with Tibet, isolating PLA divisions there.

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Rediff.com23 May 2024

Several firms are stepping up to help their workforce cope with soaring temperatures

FMCG cos to face volume pressure in Q4

FMCG cos to face volume pressure in Q4

Rediff.com12 Apr 2024

Fast-moving consumer goods (FMCG) companies anticipate sustained volume pressures in the January-March quarter (Q4) coupled with sluggish rural growth during the period. Brokerages estimate top-line growth to be in low single digits in the quarter. Also, the late onset of winter had an impact on demand for winter products which range from moisturisers to hot beverages.

PE fund Advent to buy Suven Pharma

PE fund Advent to buy Suven Pharma

Rediff.com26 Dec 2022

Global private equity investor Advent International on Monday said it is acquiring a significant stake in Suven Pharmaceuticals from its promoters, the Jasti family. The PE major said this will be followed with an open offer to acquire 26 per cent more in the listed contract development and manufacturing organisation from public shareholders, and also merge the company with investee company Cohance Lifesciences, as per an official statement. Media reports on a Monday morning pegged the acquisition at Rs 6,300 crore, and that Advent had pipped rival Blackstone for the acquisition.

''India can be global manufacturing hub

''India can be global manufacturing hub

Rediff.com26 Aug 2003

The Indian manufacturing sector has the potential to emerge as the global hub, especially on account of its skilled manpower, advanced technology and software expertise.

Atmanirbhar and PLI: Why Modi's ambitious manufacturing targets are unachievable

Atmanirbhar and PLI: Why Modi's ambitious manufacturing targets are unachievable

Rediff.com12 Mar 2021

Recently, Prime Minister Narendra Modi met over 40 CEOs across broad swathes of industry, ranging from makers of mobile devices, auto components, food products to telecom networking equipment and pharmaceuticals. The agenda: To discuss how to make India an integral part of the global supply chain. The focus of the discussion would be the much touted yet not so well understood production-linked incentive scheme (PLI), the centrepiece of the government's drive to massively boost the manufacturing sector. To do so, the government has created a war chest of over Rs 197,000 crore to be paid out as incentives to over 14 industries in five years. There are three objectives to the scheme, two explicitly stated, one implied.

Amid Ukraine war, India, Russia resolve to boost defence ties

Amid Ukraine war, India, Russia resolve to boost defence ties

Rediff.com28 Apr 2023

Singh and Shoigu held extensive talks, covering the regional security situation and key aspects of bilateral defence relations, including industrial partnership, at a meeting on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) in New Delhi.

WHO warns against use of 2 India-made cough syrups in Uzbekistan

WHO warns against use of 2 India-made cough syrups in Uzbekistan

Rediff.com12 Jan 2023

In a medical product alert on Wednesday, the WHO said the 'substandard medical products', manufactured by Marion Biotech, 'are products that fail to meet quality standards or specifications and are therefore out of specification'.

Why Apple, Walmart Are Bullish On India

Why Apple, Walmart Are Bullish On India

Rediff.com19 Apr 2023

At a time when the overall narrative is around India being an attractive investment destination, the two American multinationals are more specific in projecting India as their centrepiece.

ADB marginally lowers India's growth projection to 6.3%

ADB marginally lowers India's growth projection to 6.3%

Rediff.com20 Sep 2023

Indian growth in the rest of this fiscal year and next will be propelled by robust domestic consumption as consumer confidence improves, and by investment, including large increases in government capital expenditure, according to the Asian Development Outlook September 2023. "As slowing exports could foment headwinds for the economy, and erratic rainfall patterns are likely to undermine agricultural output, the growth forecast for FY2023 is revised down marginally to 6.3 per cent," ADB said.

India probes four cough syrups after 66 Gambian children's deaths

India probes four cough syrups after 66 Gambian children's deaths

Rediff.com6 Oct 2022

India's drug regulator has initiated a probe and sought further details from the WHO after the global health body issued an alert that cough syrups manufactured by an Indian firm could potentially be linked to the death of children in Gambia.

In World Cup season, 'bat men' of J&K swamped by demand

In World Cup season, 'bat men' of J&K swamped by demand

Rediff.com28 Sep 2023

'With the World Cup around the corner and being hosted by India, the demand has risen manifold. We manufacture around three million bats annually but the demand for this month and the previous one was 15 times higher. We manufactured around three to four million bats in two months that we delivered'

Campus Placements At IITs Getting Tough

Campus Placements At IITs Getting Tough

Rediff.com8 Jul 2024

Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.

Want a J-K where violence is history, stand by statehood promise: PM

Want a J-K where violence is history, stand by statehood promise: PM

Rediff.com20 May 2024

Prime Minister Narendra Modi has said his government has made a "solemn promise" for restoration of Jammu and Kashmir's statehood and will stand by it, adding the Centre was working very hard to create the right conditions.

What Deals Will Be Signed On Macron's Visit?

What Deals Will Be Signed On Macron's Visit?

Rediff.com24 Jan 2024

Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.

UK to add India's Covaxin to approved list from Nov 22

UK to add India's Covaxin to approved list from Nov 22

Rediff.com9 Nov 2021

The move follows the World Health Organisation's Emergency Use Listing for Covaxin, which is the second most used formulation in India.

Drug regulator begins probe after WHO alert on India-made cough syrups

Drug regulator begins probe after WHO alert on India-made cough syrups

Rediff.com6 Oct 2022

A probe has been initiated by India's drug regulator after the World Health Organisation (WHO) issued an alert saying cough syrups manufactured by an Indian firm could potentially be linked to the death of children in The Gambia, official sources said.

Salaries in India likely to increase by 10.3% in 2023: Survey

Salaries in India likely to increase by 10.3% in 2023: Survey

Rediff.com23 Feb 2023

Salaries in India are expected to increase by 10.3 per cent in 2023, highest among major world economies and Asian peers, according to Aon plc. In 2022, salaries in India witnessed an actual increase of 10.6 per cent in 2022. As per Aon plc's 28th Annual Salary Increase Survey in India, double-digit salary growth will continue in India despite economic volatility, largely as a response to high attrition rates.

DRDO's UAV to make debut flying at Aero India

DRDO's UAV to make debut flying at Aero India

Rediff.com12 Feb 2023

The five-day event will include aerial displays by aircraft and helicopters along with a large exhibition and trade fair of aerospace and defence companies.

India-US Bonhomie: The China Threat

India-US Bonhomie: The China Threat

Rediff.com30 Jun 2023

The change of heart in the US and India was propelled by the increased threat of China to both countries, explains Ambassador T P Sreenivasan.

China moved military forces in disregard of agreements: Jaishankar

China moved military forces in disregard of agreements: Jaishankar

Rediff.com27 Feb 2024

The external affairs minister, speaking at a media summit organised by the TV9 Network, described the rise of India and China as "significant" in the global geopolitical scenario.

India probes eye drop linked to vision loss in US

India probes eye drop linked to vision loss in US

Rediff.com4 Feb 2023

A three-member team each from the Central Drugs Standard Control Organisation (CDSCO) and the State Drug Controller visited the plant in Tamil Nadu's Kancheepuram, 40 km from Chennai, on Friday after the company recalled the eye drop.

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

Narayana Murthy Is Absolutely Right!

Narayana Murthy Is Absolutely Right!

Rediff.com4 Dec 2023

Get more people working, get more people working in modern manufacturing and services in our cities, and get people working better and longer, suggests Naushad Forbes, past president, CII.

Laptop, tablet imports surge 42% amid licensing fears

Laptop, tablet imports surge 42% amid licensing fears

Rediff.com27 Nov 2023

India's import of personal computers, including laptops and tablets, shot up in September by 42 per cent to $715 million, reversing a year-long downward trend after the government announced it would impose import restrictions on such electronic hardware items in August. The rise in such imports were led by the largest source China (33 per cent) and Singapore (188 per cent), according to data released by the commerce department. On August 3, the Centre had announced it was planning to bring seven products in the information technology hardware segment, such as personal computers, micro computers, mainframe computers, super computers, computer systems and data processing units under the 'restricted' label.

Bread manufacturers to stop using poisonous chemicals

Bread manufacturers to stop using poisonous chemicals

Rediff.com26 May 2016

The Centre for Science and Environment had claimed that the bread samples of top brands in Delhi contained cancer-causing chemicals -- potassium bromate and potassium iodate.