News for 'Global Vehicle'

Is India's NavIC Better Than GPS?

Is India's NavIC Better Than GPS?

Rediff.com28 Oct 2023

NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.

Does BGauss RUV 350 Pack A Punch?

Does BGauss RUV 350 Pack A Punch?

Rediff.com28 Jun 2024

Overall, the BGauss RUV 350 is a feature-packed electric scooter with a unique design and competitive performance.

Gopi Thotakura becomes first Indian space tourist on Blue Origin

Gopi Thotakura becomes first Indian space tourist on Blue Origin

Rediff.com19 May 2024

Thotakura was selected as one of the six crew members for the NS-25 mission, making him the first Indian space tourist and the second Indian to venture into space after the Indian Army's Wing Commander Rakesh Sharma in 1984.

Majority of FPIs unlikely to be hit by Sebi's new disclosure norms

Majority of FPIs unlikely to be hit by Sebi's new disclosure norms

Rediff.com24 Jan 2024

Market regulator Sebi does not expect a large number of foreign portfolio investors to be impacted by the new beneficial ownership disclosure norms, according to sources. The norms are set to come into effect from February 1 and against this backdrop, the equity market has witnessed significant volatility, with the benchmark Sensex crashing over 1,000 points on Tuesday after shedding early intraday gains. The sources in the know said FPIs which may be required to provide enhanced disclosures are expected to be significantly less than estimated in the consultation paper and the Sebi board note of October 2023.

Is The World Spinning Out Of Control?

Is The World Spinning Out Of Control?

Rediff.com30 May 2024

The current instability in the world is a result of long term systemic and socio-politico problems, points out Colonel Anil A Athale (retd).

e-Shram may open door to govt benefits for workers

e-Shram may open door to govt benefits for workers

Rediff.com15 Apr 2024

The Bharatiya Janata Party (BJP) led central government will use the unorganised workers database - e-Shram portal - to provide the benefits of various government programmes to the nearly 300 million workers over the next five years, if it is voted to power for the third consecutive term in the upcoming general elections. "We have registered unorganised workers on the e-Shram platform. "We will reach out to the e-Shram registered 'shramik bandhu' and help them avail the benefits of various government programmes that they are eligible for," the manifesto of the party read.

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Rediff.com7 May 2024

The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.

Renault to stop selling diesel vehicles in India from 2020

Renault to stop selling diesel vehicles in India from 2020

Rediff.com19 Jun 2019

The company, which unveiled its compact multi-purpose vehicle Triber in India, is bringing the MPV only in petrol engine option as part of the strategy even as it prepares to introduce electric vehicles in the near future.

Kohli has turned Indian cricketers into 'out and out' athletes: KP

Kohli has turned Indian cricketers into 'out and out' athletes: KP

Rediff.com26 Mar 2024

Former England captain Kevin Pietersen on Tuesday said fitness freak Virat Kohli has turned his teammates into "out and out athletes" and called him the man responsible for an incredible turnaround in Indian cricket.

Auto, BFSI dominated Q4 earnings circuit

Auto, BFSI dominated Q4 earnings circuit

Rediff.com25 Jun 2024

Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.

'Need to make Auto Exports a national mission'

'Need to make Auto Exports a national mission'

Rediff.com26 Sep 2023

'There is a need for a national task force with a singular objective to increase automotive exports.'

Audi ups the game in India with luxury electric vehicle plans

Audi ups the game in India with luxury electric vehicle plans

Rediff.com24 May 2018

German Car maker Audi plans to offer cars that can do 400 km on a single charge, says Ajay Modi.

Ola, Uber to soon drive e-vehicles

Ola, Uber to soon drive e-vehicles

Rediff.com17 Aug 2017

Initially it will procure only e-rickshaws and e-autos for leasing to operators

In a first for the iconic models, JLR to produce Range Rover in India

In a first for the iconic models, JLR to produce Range Rover in India

Rediff.com24 May 2024

Tata Motors owned Jaguar Land Rover will start producing its Range Rover and Range Rover Sport in India, marking a first for the iconic models in their 54-year long history, to be rolled out from a country outside of the UK. Till now the two models were only produced in Jaguar Land Rover's Solihull plant in the UK and then exported to around 121 markets globally, including India.

AIF returns trailed market gains in Dec

AIF returns trailed market gains in Dec

Rediff.com25 Jan 2024

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent

Driven by AI, Micron sees robust chip demand

Driven by AI, Micron sees robust chip demand

Rediff.com15 Dec 2023

US-based chipmaker Micron Technology is expecting demand for semiconductors to rise significantly in the next few years, globally and in India, as memory consumption is going up, largely driven by the widespread adoption of technologies like artificial intelligence (AI). "Memory consumption is expected to double by the end of the decade and the biggest driver in this is AI. "While it's natural to talk about compute and GPUs (graphics processing units) in the context of AI, it is not to be forgotten that the true enabler for AI is memory ... in all the AI engines that we talk about, there is a lot of need to access memory quickly," Anand Ramamoorthy, managing director, Micron Technology India, told Business Standard.

Toyota, other Japan carmakers to recall vehicles

Toyota, other Japan carmakers to recall vehicles

Rediff.com11 Apr 2013

They are recalling a total of about 3.4 million vehicles worldwide as a result of an airbag problem.

How Do We Prepare For LA 2028? We Don't.

How Do We Prepare For LA 2028? We Don't.

Rediff.com15 Aug 2024

You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.

ER&D software firms navigate Q2 bends with growth arrows in sight

ER&D software firms navigate Q2 bends with growth arrows in sight

Rediff.com30 Oct 2023

The July-September quarter results of software companies in the engineering research and development (ER&D) segment were broadly in line with expectations, though there have been cuts in revenue growth guidance. While results were a mixed bag, and there are cautionary views on the near-term outlook, brokerages and global consulting firms highlight the strong growth trajectory for the sector. They expect this segment of the software sector to grow by 8-12 per cent going forward.

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

World's top 20 vehicle-producing nations

World's top 20 vehicle-producing nations

Rediff.com25 Aug 2011

Number of vehicles in operation worldwide surpassed the one billion-unit mark in 2010.

HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up

HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up

Rediff.com14 Feb 2024

Stocks of Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL) have more headroom left despite the sharp run in the last few weeks, suggests a recent report from Morgan Stanley. Stocks of these oil refining and marketing companies (OMCs), it believes, are seeing multiples re-rate as investors reassess long-term growth prospects. "IOCL trades at one year forward P/BV of 1.2x, 19 per cent below +1 standard deviation (SD); BPCL trades at one year forward P/BV of 1.5x, near historical averages; HPCL trades at one year forward P/BV of 1.5x, near +1SD," Morgan Stanley said.

Tax poser in the way of Hyundai local arm listing

Tax poser in the way of Hyundai local arm listing

Rediff.com15 Feb 2024

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.

Toyota to recall 2.9 million vehicles over seatbelt issue

Toyota to recall 2.9 million vehicles over seatbelt issue

Rediff.com18 Feb 2016

The recall includes 1.3 million vehicles in North America announced earlier in the day by Toyota's US unit.

'Demand will come back after the elections'

'Demand will come back after the elections'

Rediff.com16 Jun 2024

'The Budget will be positive, continuing on the path of growth taken so far.'

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.

Icra revises FY24 GDP growth forecast to 6.5%

Icra revises FY24 GDP growth forecast to 6.5%

Rediff.com18 Dec 2023

Domestic rating agency Icra on Monday revised its FY24 GDP growth forecast to 6.5 per cent from 6.2 per cent earlier. However, the revised forecast is still much lower than the Reserve Bank of India's (RBI's) 7 per cent real Gross Domestic Product (GDP) growth estimate for the ongoing fiscal. Earlier this month, the RBI had revised upwards its GDP estimate to 7 per cent from 6.5 per cent, calling the revised number a "conservative" one.

India warns of high oil prices hurting global recovery

India warns of high oil prices hurting global recovery

Rediff.com20 Oct 2021

India, the world's third-largest energy consumer and importer, on Wednesday warned of high oil prices hurting the nascent and fragile global economic recovery and floated an idea of long-term supply contracts that provide predictable and stable pricing. Speaking at the India Energy Forum by CERAWeek, Oil Minister Hardeep Singh Puri said there was a mismatch between demand for oil and the supplies producers such as OPEC+ were making and there was a case for raising the production. The world, he said, needs "predictable, stable and affordable" prices for it to recover back to pre-pandemic levels.

Navy gets 1st India-made drone from Adani Defence

Navy gets 1st India-made drone from Adani Defence

Rediff.com10 Jan 2024

Hari Kumar lauded Adani's efforts in aligning their roadmap to the requirements of the Indian Navy and establishing an ecosystem of partners and capabilities to enable Aatmanirbharta in defence and security.

Mahindra sued by American distributor

Mahindra sued by American distributor

Rediff.com16 Jun 2010

Global Vehicles, which had entered into an exclusive agreement to sell Mahindra's pick-up trucks in the US, in a law suit filed before an Atlanta District Court, alleged that there has been inordinate delay in launch of the truck.

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Rediff.com13 Jan 2024

Driven by mega investment proposals from Tata Power, Adani group, Singapore's Sembcorp Industries and Leap Green Energy, among others, the two-day Global Investors Meet 2024 in Tamil Nadu is expecting an infusion of around Rs 6.64 trillion. This is likely to create around 2.69 million direct and indirect jobs in the state. "Due to our tireless efforts and your participation during this Global Investors' Meet, we have attracted an unprecedented Rs 6.64 trillion of investments.

E-cars Sales May Surge 30%-40% In 2024

E-cars Sales May Surge 30%-40% In 2024

Rediff.com29 Dec 2023

If electric cars with a real range of more than 400 km are launched, the anxiety regarding the charging points will come down, and more people will buy EVs.

Ayodhya redeveloped after studying Vatican, Jerusalem, Tirupati, says architect

Ayodhya redeveloped after studying Vatican, Jerusalem, Tirupati, says architect

Rediff.com9 Jan 2024

Efficient land use, minimum congestion, a focus on dharamshalas (inns) and homestays, upgrading the infrastructure while retaining the historical and cultural character of the city are some of the highlights of the plan prepared by Kukreja, the managing principal of CP Kukreja Architects.

First Look: The 2024 Kia Sonet Facelift

First Look: The 2024 Kia Sonet Facelift

Rediff.com23 Dec 2023

The 2024 Kia Sonet facelift impresses with its comprehensive upgrades, ranging from a refreshed exterior design to advanced safety and technological features.

Indian Navy forces 35 Somali pirates to surrender

Indian Navy forces 35 Somali pirates to surrender

Rediff.com17 Mar 2024

In a calibrated operation, the Indian Navy on Saturday 'coerced' 35 Pirates onboard a merchant ship around 1,400 nautical miles from the Indian coast to surrender and ensured the safe evacuation of 17 crew members without any injury, officials said.

Russia to formally annex 4 Ukraine regions on Friday amid global protests

Russia to formally annex 4 Ukraine regions on Friday amid global protests

Rediff.com29 Sep 2022

The referendum by the Russian authorities on the annexation of occupied territories of Ukraine was largely seen as a "sham referendum" and has been widely criticised by various countries.

Analysts remain selective about space-related stocks

Analysts remain selective about space-related stocks

Rediff.com7 Mar 2024

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.

How GenAI Startup Ecosystem Is Unfolding

How GenAI Startup Ecosystem Is Unfolding

Rediff.com11 Jan 2024

'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'

Du Plessis keeping options open ahead of T20 World Cup

Du Plessis keeping options open ahead of T20 World Cup

Rediff.com8 Jan 2024

As much as Faf du Plessis finds MS Dhoni's leadership inspirational but when he leads Johannesburg Super Kings in the upcoming SA20, he will go about the job in his own way, with an eye on wearing the Proteas jersey in the T20 World Cup in June.

Want To Know About Tech Of The Future?

Want To Know About Tech Of The Future?

Rediff.com11 Dec 2023

Amphibious drones for maritime inspection... devices that extract pure oxygen from water for patients in need... self-balancing electric bikes...