News for 'Engineers India Limited'

LCH: Lessons For Indian Defence

LCH: Lessons For Indian Defence

Rediff.com15 Dec 2021

It is baffling how the PM chose the LCH as an indigenous product to celebrate on Rashtriya Raksha Samarpan Parv, even while his Cabinet holds up manufacturing clearance for 15 LCHs on the grounds that they are not Indian enough.

With Air India, Tatas get a stake in Kerala's Cochin airport

With Air India, Tatas get a stake in Kerala's Cochin airport

Rediff.com9 Dec 2021

As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala's Cochin airport. The Tatas would become the only airline to have an operational stake in a major Indian airport. The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers. In addition to Air India and Air India Express, private carrier Indigo also uses Cochin to ferry the lucrative 'Malayali Gulf traffic' to multiple locations like Jeddah, Riyadh, Sharjah, Dubai, Abu Dhabi, Doha, Kuwait and Bahrain, among others. According to regulatory filings, Air India has a three per cent stake in Cochin International Airport.

Why KKR Bought Starc, SRH Cummins, MI Coetzee, GT Johnson...

Why KKR Bought Starc, SRH Cummins, MI Coetzee, GT Johnson...

Rediff.com28 Dec 2023

'All the venues are high-scoring venues. So what you need is pace.' 'You really want someone to come there and control the flow of runs in the death overs, whether you are setting a target or setting a target.' 'It is going to be the fast bowlers because at how many venues have you seen spinners bowling the death overs?'

Suzlon Energy founder Tulsi Tanti passes away

Suzlon Energy founder Tulsi Tanti passes away

Rediff.com2 Oct 2022

Tulsi Tanti, the founder chairman and managing director of Suzlon Energy and a renowned expert on renewable energy, died due to cardiac arrest on Saturday evening. Tanti, 64, who was also the chairman of the Indian Wind Turbine Manufacturers Association, was on his way to Pune from Ahmedabad when he suffered a cardiac arrest, a company official said. He is survived by his daughter Nidhi and son Pranav.

Maruti share in Suzuki revenue jumps to 40.9% in April-Dec

Maruti share in Suzuki revenue jumps to 40.9% in April-Dec

Rediff.com8 Feb 2023

Maruti Suzuki's contribution to the sales revenue of its Japanese parent, Suzuki Motor Corporation (SMC), has touched the highest-ever figure during April-December of FY23. According to SMC's results declared on Tuesday, Maruti's share in its global revenues jumped from 33.42 per cent in April-December of FY22 to 40.93 per cent in the corresponding period of FY23.

INS Vagir commissioned, to aid Navy's special ops

INS Vagir commissioned, to aid Navy's special ops

Rediff.com23 Jan 2023

Equipped with some of the best sensors in the world, its weapons package include sufficient wire guided torpedoes and sub-surface to surface missiles to neutralise a large enemy fleet, the Navy said.

Is The Rally In Small And Microcap Stocks Sustainable?

Is The Rally In Small And Microcap Stocks Sustainable?

Rediff.com28 Sep 2023

While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.

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.

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Rediff.com2 Sep 2022

Prime Minister Narendra Modi commissioned India's first indigenously designed and built aircraft carrier INS Vikrant in Kochi on Friday, that put India into a select league of countries with domestic capability to build such large war ships.

Indian Navy gets 5th Scorpene-class submarine Vagir

Indian Navy gets 5th Scorpene-class submarine Vagir

Rediff.com20 Dec 2022

The submarines are being constructed at Mazagon Dock Shipbuilders Limited in Mumbai in collaboration with the Naval Group of France.

Sena workers damage 'Adani Airport' signboard in Mumbai

Sena workers damage 'Adani Airport' signboard in Mumbai

Rediff.com2 Aug 2021

They shouted slogans against the signboard when the airport is named after Chhatrapati Shivaji Maharaj.

SC shield for Editors Guild from Manipur FIRs till Monday

SC shield for Editors Guild from Manipur FIRs till Monday

Rediff.com6 Sep 2023

The Supreme Court on Wednesday protected four members of the Editors Guild of India against any coercive action till Monday in connection with two FIRs lodged against them in the state for offences, including promoting enmity between two communities.

Budget 2022: Industry bodies urge govt to reduce tax burden

Budget 2022: Industry bodies urge govt to reduce tax burden

Rediff.com13 Dec 2021

Engineering Export Promotion Council (EEPC) of India has urged the Centre to extend lower corporate tax benefit to Limited Liability Partnerships (LLPs) and proprietary firms as it would make funds available with MSMEs and boost private investment cycle. A body of direct tax professionals also sought for reduction of tax burden on individuals and requested the government to raise the income tax exemption limit at Rs 2.5 lakh to Rs 4 lakh per annum in the upcoming budget for 2022-23 fiscal. EEPC India chairman Mahesh Desai claimed around 84 per cent of small businesses are being denied the benefit of lower corporate tax which was aimed at providing industrial units with more investible surplus.

NEET, Vishwakarma Scheme, And Tamil Angst

NEET, Vishwakarma Scheme, And Tamil Angst

Rediff.com28 Sep 2023

Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.

Hyundai Creta to compete with Renault Duster, India launch soon

Hyundai Creta to compete with Renault Duster, India launch soon

Rediff.com2 Jun 2015

Hyundai to launch its new SUV- Creta in second half of 2015 in India.

Capex Crosses Rs 6 Trillion In December

Capex Crosses Rs 6 Trillion In December

Rediff.com10 Jan 2023

'If private capex has to kick in, there should at least be 2-3 years of visibility.'

Limited choices in strategic partners in defence

Limited choices in strategic partners in defence

Rediff.com25 Sep 2019

The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance Factory Board factories.

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Rediff.com30 Aug 2023

Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.

In an era of EVS has Auto Expo run out of gas?

In an era of EVS has Auto Expo run out of gas?

Rediff.com25 Jan 2023

This year's edition, three years lost to the pandemic and scheduling, wore a distinctive shade of green, and, as would befit an era of technology shift from internal combustion engines to electric motors, had a clutch of high-technology exhibits and concepts. But the excitement of the expo's heyday was missing.

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Rediff.com9 Aug 2023

Maruti Suzuki India (MSIL) will issue equity shares on a preferential basis to parent Suzuki Motor Corporation (SMC) to acquire 100 per cent stake in the latter's Gujarat plant. This deal is expected to increase the share base of MSIL by about 4 per cent. And consequently, it will raise SMC's shareholding in Maruti by around 1.8 percentage point. "Whether it is in terms of PAT (profit after tax) or earnings per share (EPS) or dividend per share (DPS) of MSIL, the share-swap option will give shareholders a better deal than any other option such as cash payment," MSIL chairman RC Bhargava told reporters during a press conference.

'PM's US visit was surely tracked, dissected by Beijing'

'PM's US visit was surely tracked, dissected by Beijing'

Rediff.com27 Jun 2023

'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'

Adani says Mundra petchem work suspended as finances not tied-up yet

Adani says Mundra petchem work suspended as finances not tied-up yet

Rediff.com20 Mar 2023

Embattled Adani Group on Monday said it has put on hold major equipment procurement and site construction activities for the Rs 34,900 crore petrochemical project at Mundra in Gujarat as the project has not yet tied up finances. The group's flagship Adani Enterprises Ltd (AEL) incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd in 2021 for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in the Kutch district of Gujarat. Asked by stock exchanges to comment on a PTI report on Sunday that the group has suspended work on the project, AEL said, "The financial closure of the Green PVC project of Mundra Petrochemicals Limited ( MPL) is pending with the financial institutions and it is in their active consideration."

Historic! Female umpires to officiate in Ranji Trophy

Historic! Female umpires to officiate in Ranji Trophy

Rediff.com6 Dec 2022

Vrinda Rathi, Janani Narayan and Gayathri Venugopalan are set to break new ground and officiate in the Ranji Trophy.

5 most expensive bikes in India

5 most expensive bikes in India

Rediff.com10 Jun 2016

In the Rs 35-50 lakh range, these superbikes can make your presence special, wherever you take them

Strike at Suzuki Powertrain affects Maruti Suzuki's production

Strike at Suzuki Powertrain affects Maruti Suzuki's production

Rediff.com10 Oct 2011

Maruti Suzuki India on Monday said the production at its plant in Gurgaon has been impacted due to strike at Suzuki Powertrain India Ltd (SPIL), which supplies engines to MSI.

Democracy in our veins, no discrimination against minorities: Modi

Democracy in our veins, no discrimination against minorities: Modi

Rediff.com23 Jun 2023

India believes in sabka saath, sabka vikas, sabka vishwas, sabka prayaas and walks ahead with it, Modi said.

Modi counters Rahul's 'Mohabbat ki dukaan' with 'loot ki...'

Modi counters Rahul's 'Mohabbat ki dukaan' with 'loot ki...'

Rediff.com8 Jul 2023

Their leaders go abroad and abuse India, while BJP workers sacrifice everything for the sake of the nation, Modi said.

Pawan Ruia throws hat into the ring to buy out Air India

Pawan Ruia throws hat into the ring to buy out Air India

Rediff.com17 Feb 2021

Ruia, a chartered accountant whose business ranged from sugar to textiles and heavy engineering to tyres, refused to comment on queries about his interest in Air India.

India's Submarine Dilemma

India's Submarine Dilemma

Rediff.com7 Oct 2021

Hydrography (underwater geography) prevents the Indian Navy for opting for an all-conventional, or all-nuclear submarine fleet.

Are signs of green shoots in economy really visible?

Are signs of green shoots in economy really visible?

Rediff.com9 Jul 2020

While seven companies bagged orders worth Rs 42,000 crore, industry experts said most of this new order activity was a spillover, and fresh project finalisation remains weak.

Law can be an instrument of justice but...: CJI

Law can be an instrument of justice but...: CJI

Rediff.com12 Nov 2022

What sustains judicial institutions in the long run is the sense of compassion, sense of empathy and ability to answer cries of citizens, he said.

PM lays foundation of facility to produce C-295 transport aircraft

PM lays foundation of facility to produce C-295 transport aircraft

Rediff.com30 Oct 2022

It is the first project of its kind in which a military aircraft will be manufactured in India by a private company.

'MF Guru: Need 7 cr for child's studies'

'MF Guru: Need 7 cr for child's studies'

Rediff.com29 Dec 2022

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

Custom-made VVIP Boeing jet arrives in India

Custom-made VVIP Boeing jet arrives in India

Rediff.com1 Oct 2020

The plane was scheduled to be delivered by aircraft manufacturer Boeing to Air India in July but its delivery was delayed twice --once in July for a few weeks due to COVID-19 pandemic and then in August for a few weeks due to technical reasons -- the officials noted.

Two Polish skiers killed in avalanche in J-K's Gulmarg, 21 rescued

Two Polish skiers killed in avalanche in J-K's Gulmarg, 21 rescued

Rediff.com1 Feb 2023

Officials said the cable car which ferries tourists up the 14,000 ft Afarwat mountain was used for the rescue operations.

ASK AJIT: 'How can I make money?'

ASK AJIT: 'How can I make money?'

Rediff.com24 Feb 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.

Private placements at lowest since 2014; total money raised down 23%

Private placements at lowest since 2014; total money raised down 23%

Rediff.com24 Jun 2022

The total amount of money various entities have raised through the private placement route is at its lowest since 2014. They raised a total of Rs 1.96 trillion in the first five months of 2022, revealed the numbers from PRIME Database. It is down 23.4 per cent from the Rs 2.56 trillion raised in the corresponding period in 2021.

Confused about COVID vaccines in India? This is for you

Confused about COVID vaccines in India? This is for you

Rediff.com13 Apr 2021

The Drugs Control General of India has permitted emergency use of Covid vaccine Sputnik V with certain conditions, clearing the way for a third vaccine in addition to Covishield and Covaxin. Besides, the government on Tuesday also fast-tracked emergency approval for other jabs. Here is what the vaccines are all about:

'Is it good to hold stock SIPs for long?'

'Is it good to hold stock SIPs for long?'

Rediff.com23 Jun 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.