News for 'General Electric'

India abstains from UN vote on Israel-Hamas conflict

India abstains from UN vote on Israel-Hamas conflict

Rediff.com28 Oct 2023

The Jordanian-drafted resolution did not make any mention of the militant group Hamas, with the US expressing outrage at the "omission".

INDIA will form govt at Centre if...: Sachin Pilot

INDIA will form govt at Centre if...: Sachin Pilot

Rediff.com12 Sep 2023

Former deputy chief minister Sachin Pilot on Tuesday alleged that the Bharatiya Janata Party government at the Centre had 'failed in every field' and claimed if the Congress wins in upcoming state elections, then the Indian National Developmental Inclusive Alliance (INDIA) will form a coalition government in 2024.

GM, Toyota race to build electric cars

GM, Toyota race to build electric cars

Rediff.com17 Oct 2008

Toyota is being cautious with the technology, but GM is full-speed-ahead for a 2010 launch of its Volt. To the victor will go the spoils.

Dividend fund managers see light in power stocks

Dividend fund managers see light in power stocks

Rediff.com6 Sep 2023

The improving outlook for the power sector has caught the interest of dividend yield funds. In the first four months of the current financial year (2023-24, or FY24), five of the six largest dividend yield funds have shown a notable increase in their exposure to stocks within the power sector. Some have even introduced new stocks to their portfolios.

Smallcaps see biggest monthly leap in 3 years; Nifty climbs 5.5% in Nov

Smallcaps see biggest monthly leap in 3 years; Nifty climbs 5.5% in Nov

Rediff.com8 Dec 2023

Notwithstanding concerns about lofty valuations, smallcaps recorded their most significant monthly gain in nearly three years in November. The National Stock Exchange Nifty Smallcap 100 finished the month with a 12 per cent gain, the most since February 2021 when it rose by 12.2 per cent. After declining by 4.1 per cent in the preceding month, the Nifty Midcap 100 rose by 10.4 per cent, the most since July 2022.

Free hostages, allow aid in Gaza: UN chief to Hamas, Israel

Free hostages, allow aid in Gaza: UN chief to Hamas, Israel

Rediff.com16 Oct 2023

United Nations chief Antonio Guterres has called on Hamas to immediately release all hostages without conditions and urged Israel to allow rapid and unimpeded access to humanitarian aid for civilians in the Gaza Strip.

'BJP will have no effect. Not even an iota'

'BJP will have no effect. Not even an iota'

Rediff.com18 Apr 2024

'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'

Street remains optimistic about further gains in OMCs

Street remains optimistic about further gains in OMCs

Rediff.com19 Dec 2023

After a spike in crude oil and gas prices in October following the Hamas terror attack, prices eased down 9 per cent month-on-month in November. The Organization of the Petroleum Exporting Countries (Opec) and Opec+ agreed to a further voluntary production cut in January-March 2024 to try and support global crude prices. The best guess here is that crude prices (currently at $75/barrel, or bbl) will not likely cross significantly above $80, and gas prices are also likely to remain subdued unless there's a further escalation in the Israel-Hamas conflict.

Mumbai's iconic double-decker buses to go off roads on Sept 15

Mumbai's iconic double-decker buses to go off roads on Sept 15

Rediff.com12 Sep 2023

Mumbai's iconic red double-decker buses, which have been an integral part of the city's public transport system for more than eight decades, will go off the streets this week, an official from the Brihanmumbai Electricity Supply and Transport (BEST) Undertaking said on Tuesday.

Improving working capital, project execution key to rally in BHEL's stock

Improving working capital, project execution key to rally in BHEL's stock

Rediff.com10 Dec 2023

Bharat Heavy Electricals Ltd (BHEL) is India's largest engineering and manufacturing enterprise, operating across energy, industry, and infrastructure sectors. The investment path for the stock is based on a large order backlog, continued strong order inflows, and rising power demand, which should push demand for BHEL's equipment and services. BHEL has historically held over 70 per cent market share in power projects.

No objection to general use of Mumbai local trains: Maha to HC

No objection to general use of Mumbai local trains: Maha to HC

Rediff.com9 Oct 2020

Presently only persons working in essential services are permitted to use the local trains that are running in limited numbers amid the COVID-19 pandemic.

Tailwind ahead for consumer durables sector during festival season

Tailwind ahead for consumer durables sector during festival season

Rediff.com16 Oct 2023

It's all eyes on the consumer durables sector during the festival season after a weak Q1FY24 and Q2FY24 was impacted by an erratic monsoon. Traditionally, this period sees the highest number of purchases. Dealers and manufacturers are complaining about low business-to-consumer (B2C) off-take during the first half.

Is Joe Biden Buying A Car?

Is Joe Biden Buying A Car?

Rediff.com15 Sep 2022

US President Joe Biden visited the Detroit Auto Show to highlight electric vehicle manufacturing in America.

Nitish Kumar: Longest-serving Bihar CM despite JD-U's majority challenges

Nitish Kumar: Longest-serving Bihar CM despite JD-U's majority challenges

Rediff.com28 Jan 2024

Concealed beneath the feat, which testifies to his political acumen and survival instincts, is the fact that the 72-year-old leader could never remain at peace with his allies which also made him change partners frequently.

'I expect 8% growth next year'

'I expect 8% growth next year'

Rediff.com29 Dec 2023

'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'

Auto industry Q2 preview: Product mix, commodity tailwinds to aid margins

Auto industry Q2 preview: Product mix, commodity tailwinds to aid margins

Rediff.com21 Oct 2023

Automobile manufacturers are likely to report strong numbers for the September quarter of Financial Year 2023-24 (Q2 FY24), riding on growth across segments and offset by a marginal drop in overall two-wheeler (2W) volumes. Higher average selling price (ASP) year-on-year (YoY), which was necessitated by price hikes taken by original equipment manufacturers (OEMs), and an improved product mix will also aid revenues and margins. Moreover, commodity prices are down on a YoY basis, leading to higher margins in earnings before interest, taxes, depreciation and amortisation (Ebitda).

Rift in INDIA over Kejriwal's poll push in Chhattisgarh

Rift in INDIA over Kejriwal's poll push in Chhattisgarh

Rediff.com19 Aug 2023

Seeking to make inroads in Chhattisgarh, Aam Aadmi Party leader Arvind Kejriwal on Saturday announced 10 'guarantees' for the upcoming assembly polls in the Congress-ruled state including free electricity, monthly 'samman rashi' for women and Rs 3,000 monthly allowance for the unemployed.

India Inc making workplace more inclusive for persons with disabilities

India Inc making workplace more inclusive for persons with disabilities

Rediff.com4 Dec 2023

As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.

Cyclone Biparjoy weakens into deep depression, to fizzle out soon

Cyclone Biparjoy weakens into deep depression, to fizzle out soon

Rediff.com17 Jun 2023

According to IMD, the cyclonic storm weakened into a 'deep depression' at 11:30 pm on Friday over Southeast Pakistan.

Lack of valuation comfort may enhance gains in capital goods sector

Lack of valuation comfort may enhance gains in capital goods sector

Rediff.com12 Dec 2023

Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.

New India knows its direction, has no confusion, Modi tells diaspora

New India knows its direction, has no confusion, Modi tells diaspora

Rediff.com24 Jun 2023

Wrapping up his four-day state visit to the US, Prime Minister Narendra Modi on Friday asserted that a new and proud journey of India-US ties has begun and the world is watching the two great democracies strengthening their bond.

AI Replacing Entry-Level Tech Jobs

AI Replacing Entry-Level Tech Jobs

Rediff.com22 Nov 2023

'AI may perform tasks, but deep expertise and specialisation remain uniquely human.'

Rajasthan CM Confronts Dire Financial Crunch

Rajasthan CM Confronts Dire Financial Crunch

Rediff.com28 Dec 2023

Rajasthan is reeling under a huge financial burden with the state's debt having gone beyond Rs 5.59 lakh crores. Rajasthan has increased expenditure on education by 203.4 percent, by 105.4 percent on health, by 227.14 percent on housing. Its expenditure on social welfare schemes has increased by almost 2,475 per cent.

Risking backlash, Modi to push electricity price hike

Risking backlash, Modi to push electricity price hike

Rediff.com7 Oct 2015

Politicians appeal to key groups of voters like farmers or the poor by keeping prices low and ignoring theft, prompting scepticism about whether states will agree to any package that forces tariff hikes.

20 aid trucks enter Gaza; not enough, says UN chief

20 aid trucks enter Gaza; not enough, says UN chief

Rediff.com22 Oct 2023

United Nations leaders and agencies have welcomed the entry of a humanitarian aid convoy into Gaza via the Rafah border crossing with Egypt but noted that it is only a small beginning, still far from enough and reiterated their appeal for an immediate ceasefire.

Maha says no move to privatise power firms, employees call off strike

Maha says no move to privatise power firms, employees call off strike

Rediff.com4 Jan 2023

Maharashtra deputy Chief Minister Devendra Fadnavis, who also holds the energy portfolio, held a meeting with trade union representatives and later said the government had no intention to privatise state-run power utilities.

EPFO records highest net member addition of 18.75 lakh in July

EPFO records highest net member addition of 18.75 lakh in July

Rediff.com20 Sep 2023

Retirement fund body EPFO has recorded the highest net member addition of 18.75 lakh in July 2023, according to the payroll data released on Wednesday. The labour ministry in a statement said that the addition of 18.75 lakh during the month is the highest since the first publishing of EPFO payroll data from April 2018 covering the period of September 2017 onwards. A growing trend has continued for the last three months with an increase of around 85,932 net members over the previous month of June 2023.

Global demand headwinds could weigh on Bharat Forge, says analysts

Global demand headwinds could weigh on Bharat Forge, says analysts

Rediff.com16 Nov 2023

Even though Bharat Forge's performance in the July-September quarter broadly met Street estimates and defence orders are on the rise, the subdued outlook for its global business has prompted some brokerages to adopt a cautious stance on the company. Analysts have reduced the company's earnings per share (EPS) estimates to account for the slow recovery of its overseas subsidiaries. Valuations are also trading at long-term averages, which could limit potential upsides.

'How can I earn Rs 2 lakh per month after retirement?'

'How can I earn Rs 2 lakh per month after retirement?'

Rediff.com23 Nov 2023

rediffGURU Dev Ashish answers your personal finance and mutual fund queries.

Are Markets In An Oversold Zone?

Are Markets In An Oversold Zone?

Rediff.com8 Nov 2023

'Focus on 19,400/64,900 as the key resistance levels for the Nifty/Sensex.'

Balasore impact: Railways to fill posts in safety category via special drive

Balasore impact: Railways to fill posts in safety category via special drive

Rediff.com12 Jun 2023

The order said that zonal railways should have by now assessed their vacancies and planned for filling them up as per their fresh selection calendars.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

Curfew relaxed in Imphal valley, but situation tense

Curfew relaxed in Imphal valley, but situation tense

Rediff.com29 Sep 2023

The situation in Manipur's Imphal valley was calm but tense on Friday morning after a night of violent clashes including an attempt to attack the empty ancestral residence of Chief Minister N Biren Singh.

Biggest fees paid by companies to investment banks

Biggest fees paid by companies to investment banks

Rediff.com14 Jan 2013

Let's take a look at some of the biggest corporate fees paid to investment banks by companies.

India Will Spend Rs 1.5 Trillion On Aero-Engines

India Will Spend Rs 1.5 Trillion On Aero-Engines

Rediff.com24 Feb 2023

India does not have the facilities needed for developing advanced aerospace products. There is only one wind tunnel in the country, the almost six decade old one in the National Aeronautics Laboratory.

ICC WC: Consistency-chasing SA not taking things lightly

ICC WC: Consistency-chasing SA not taking things lightly

Rediff.com11 Oct 2023

'I think just to tick it off in a World Cup and get the campaign started was a big thing for the guys' confidence obviously, we know that big pressure.'

Israel's relocation order to Gaza people 'extremely dangerous': UN chief

Israel's relocation order to Gaza people 'extremely dangerous': UN chief

Rediff.com14 Oct 2023

Voicing his deep concern, the UN chief said that the "hospitals in the south of Gaza are already at capacity and will not be able to accept thousands of new patients from the north."

MCX primed for volume surge after tech upgrade

MCX primed for volume surge after tech upgrade

Rediff.com23 Nov 2023

After a technology upgrade, the Multi Commodity Exchange of India (MCX) appears poised for an improvement in volumes. The premier commodity and forex exchange reported a loss of Rs 19.1 crore in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). This was attributed to higher software charges payable under an extended service agreement with 63 moons technologies and a one-off cost towards core guaranteed funds (CGF).

Freebies, pre-poll guarantees galore as BJP, Congress woo MP voters

Freebies, pre-poll guarantees galore as BJP, Congress woo MP voters

Rediff.com9 Oct 2023

A fierce competition among parties to offer freebies and guarantees, a scramble for tribal, OBC, women votes and a touch of Hindutva -- all have combined to make the Madhya Pradesh assembly polls a high-stakes battle with main rivals BJP and the Congress pulling out all the stops to gain power.