News for 'Heavy Industries'

Rajnath, Mohite inducted into Cabinet

Rajnath, Mohite inducted into Cabinet

Rediff.com25 May 2003

Swami Chinmayanand, Kailash Meghwal, Prahlad Singh Patel, Nagmani and P C Thomas were also inducted as ministers of state into the council of ministers.

Doval moots interoperability among central police forces

Doval moots interoperability among central police forces

Rediff.com24 May 2024

National security advisor Ajit Doval on Friday suggested that various central armed police forces of the country should have "jointness" and interoperability among themselves like the ongoing plan for the defence forces.

No plan to dilute Maruti stake yet

No plan to dilute Maruti stake yet

Rediff.com19 Nov 2004

High cotton prices, dull demand to keep textile stocks in check: Analysts

High cotton prices, dull demand to keep textile stocks in check: Analysts

Rediff.com6 Aug 2023

Textile stocks have exhibited a mixed performance so far this calendar year (CY23), amidst higher domestic cotton prices and tepid global demand. Shares of Page Industries, Dollar Industries, Lux Industries, and VIP Clothing have declined up to 13 per cent so far in CY23, as against a 9 per cent jump in the S&P BSE Sensex. On the contrary, shares of Arvind, Welspun India, Raymond, and Gokaldas Exports have gained up to 51 per cent, during the same period.

Sonakshi's Stunning Look Test For Heeramandi

Sonakshi's Stunning Look Test For Heeramandi

Rediff.com9 May 2024

Just in case anybody's forgotten how gorgeous Sonakshi Sinha can look, the actor sends a timely reminder.

Sensex tumbles 796 points; Nifty closes below 20K

Sensex tumbles 796 points; Nifty closes below 20K

Rediff.com20 Sep 2023

Among the Sensex firms, HDFC Bank emerged as the biggest loser, falling 4 per cent. JSW Steel, Reliance Industries, UltraTech Cement, Maruti, Tata Steel, Wipro, Tech Mahindra, Bharti Airtel and Larsen & Toubro were the other major laggards. Power Grid, Asian Paints, Sun Pharma, Axis Bank, NTPC, ITC and Infosys were among the gainers.

Auto industry wants sops for CVs, exports

Auto industry wants sops for CVs, exports

Rediff.com15 Jun 2009

The interim Budget in May this year had extended the depreciation benefit on purchase of new commercial vehicles to September from March 2009. Industry executives said this should be extended as sales of large vehicles slumped 40 per cent in April and May this year. Sales of medium and heavy commercial vehicles had dipped 33 per cent in 2008-2009.

Tourism sector hit hard by heavy rains

Tourism sector hit hard by heavy rains

Rediff.com22 Sep 2010

After impacting power generation and industries badly, it is now the turn of the tourism sector to bear the brunt of the heavy rains.

'US Can't Take Indians As Guinea Pigs'

'US Can't Take Indians As Guinea Pigs'

Rediff.com20 May 2024

'Why should we disclose classified information to satisfy those who doubt our Hydrogen Bomb capability?'

Heavy rains lash Delhi, traffic affected

Heavy rains lash Delhi, traffic affected

Rediff.com2 Aug 2007

"The travel time from AIIMS to Hauzkhas is just few minutes on the usual day but today it took over an hour to cover the distance," Sarita, a business executive with a private firm said.

How industrial waste is polluting Sundarbans' ecosystem

How industrial waste is polluting Sundarbans' ecosystem

Rediff.com11 Apr 2013

The research, conducted by a group of scientists from Calcutta University and Techno India University, says there has been a steady increase in the percentage of toxic heavy metals leading to the gradual deterioration of water there.

Will Chennai Shed Its 'Disaster Capital' Tag?

Will Chennai Shed Its 'Disaster Capital' Tag?

Rediff.com6 Dec 2023

For the Stalin government to win back the confidence of voters ahead of the Lok Sabha polls, post-flooding restoration works, their speed and efficacy would be closely watched, and not just by the political Opposition, notes N Sathiya Moorthy.

Tesla still sorting challenges with Indian govt: Musk

Tesla still sorting challenges with Indian govt: Musk

Rediff.com13 Jan 2022

US-based Tesla is working through a lot of challenges with the government to launch its products in India, the electric car major's founder and CEO Elon Musk said on Thursday. Responding to a tweet on the company's plans to launch its products in India, Musk tweeted: "Still working through a lot of challenges with the government." Last year, Tesla had sought a reduction in import duties on electric vehicles (EVs) in India.

RBI hits pause button: Demand revival key, says industry bodies

RBI hits pause button: Demand revival key, says industry bodies

Rediff.com5 Dec 2019

Reversal in the declining economic growth trajectory is clearly the need of the hour and all steps should be taken to bring about this change.

How Urban Flooding Affects Lives

How Urban Flooding Affects Lives

Rediff.com27 Jul 2023

Year by year, our cities remain defeated in the face of weather conditions, costing us time, money, resources and often lives, observe Amit Kapoor and Bibek Debroy.

Chilling numbers: 14,483 banking fraud cases in H1FY24

Chilling numbers: 14,483 banking fraud cases in H1FY24

Rediff.com27 Dec 2023

The number of frauds in the banking sector during the first half of the current financial year has increased substantially to 14,483 cases, although the amount involved is only 14.9 per cent of the previous year's amount, according to a RBI report. The report on Trend and Progress of Banking in India 2022-23, underlined the need to protect the banking system and the payments system from the risks of fraud and data breaches emanating from cyber threats. As many as 14,483 frauds were reported involving an amount of Rs 2,642 crore in the first half of current financial year, as compared to 5,396 cases (Rs 17,685 crore) in the same period a year ago.

BJP placates Shiv Sena, Geete to take charge of ministry

BJP placates Shiv Sena, Geete to take charge of ministry

Rediff.com28 May 2014

Differences between the Shiv Sena and the Bharatiya Janata Party over portfolio allocation blew over on Wednesday with Anant Geete deciding to take charge as heavy industries minister after party chief Uddhav Thackeray held "satisfactory" talks with Prime Minister Narendra Modi over the matter.

Laila brings industrial activity to a halt

Laila brings industrial activity to a halt

Rediff.com20 May 2010

Heavy rain in coastal Andhra Pradesh in the wake of Cyclone Laila has paralysed industrial activity in the state, including closure of oil rigs in the Krishna-Godavari Basin. Cargo handling at ports also suffered due to the incessant rain.

Analysts selective on sugar stocks as higher prices keeps outlook upbeat

Analysts selective on sugar stocks as higher prices keeps outlook upbeat

Rediff.com13 Oct 2023

Sugar prices are hovering near six-year highs, leaving a bad taste in Indian consumers' palates but sweetening the portfolios of investors in related stocks at Dalal Street. Shares of sugar manufacturers such as Piccadily Agro, DCM Shriram, Magadh Sugar, and Bajaj Hindustan have rallied up to a whopping 200 per cent so far in the financial year 2024 (FY24) as deficient monsoon rains in major sugarcane producer states like Maharashtra and Karnataka are expected to lead to a shortfall in sugar output ahead. In comparison, the BSE Sensex has modestly gained 11 per cent during this period.

CISF replaces Delhi Police for Parliament security after breach

CISF replaces Delhi Police for Parliament security after breach

Rediff.com21 Dec 2023

Both the new and the old Parliament complex and their allied buildings will be brought under a comprehensive security cover of the CISF which will also have the existing elements of Parliament Security Service (PSS), the Delhi Police and the Parliament Duty Group (PDG) of the CRPF, the sources said.

2024 May Witness More Natural Disasters

2024 May Witness More Natural Disasters

Rediff.com1 Jan 2024

'The Weather Channel argues that India faces the gravest challenge: Climate change-induced health vulnerability.' 'This is an issue often neglected, alerts Claude Arpi: "Prolonged summers, unpredictable rains, floods, droughts, and rising sea levels are the harsh realities of climate change in the country. These factors increase the frequency and severity of illnesses, pushing people into poverty, and forcing migration".'

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.

Adani Power revives old ambitions as power demand surges in India

Adani Power revives old ambitions as power demand surges in India

Rediff.com10 Apr 2024

Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.

2nd Covid wave derails recovery momentum of auto industry

2nd Covid wave derails recovery momentum of auto industry

Rediff.com20 May 2021

The second wave of the pandemic in the country has derailed the recovery momentum of the domestic auto industry, which was poised for a comeback in the current fiscal after witnessing the two consecutive challenging years, ratings agency ICRA said on Thursday. Unlike the first wave where infections were largely localised to urban clusters, the second wave has seen deeper and wider penetration, including into rural hinterlands. Accordingly, outlook for various segments has been revised downwards, it said.

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

Rediff.com19 Jan 2024

More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Of the total job cuts, 2,500 will be in the next 18 months, said Indian conglomerate Tata. A further 300 jobs are to go in three years.

Despite downturn, Doon auto bulb industry thrives

Despite downturn, Doon auto bulb industry thrives

Rediff.com23 Mar 2009

After a turnaround two years ago driven by heavy tax breaks currently available in Uttarakhand, this auto bulb industrial unit is now enjoying the benefits of slowdown in auto sector as it is mainly producing replacement bulbs only. "Sales in the auto sector have taken a nosedive during the past one year. So it is natural that our bulbs will be used in old vehicles," said Rajiv K Agarwal, managing director of GBPL, which situated at Patel Nagar, Dehra Dun.

FI loan to industry dips 22%

FI loan to industry dips 22%

Rediff.com25 Jul 2003

The economic slowdown took a heavy toll on some of the financial institutions like IDBI, IFCI and IIBI, with the cumulative loan disbursement falling by 22.4 per cent at Rs 17,878 crore in the last fiscal.

Voltas stock hots up on hopes of a cooler outlook

Voltas stock hots up on hopes of a cooler outlook

Rediff.com30 Jan 2024

Due to unseasonal rains, the second quarter of financial year 2023-24 (Q2FY24) was disappointing for the room-air conditioner (RAC) segment and Q3FY23 was also slow. While general consumption demand was low in Q3FY24, the low base and the pent-up demand from the first half of financial year 2023-24 (H1FY24) seem to have driven an off-season demand for RACs.

A Rainy Day Check-List for Chennaiites

A Rainy Day Check-List for Chennaiites

Rediff.com18 Dec 2023

If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.

Sick PSUs list is starting point for FY16 divestments

Sick PSUs list is starting point for FY16 divestments

Rediff.com18 Mar 2015

The list is of companies declared sick as on March 31, 2014.

Western Railway probe blames heavy rain for Elphinstone stampede

Western Railway probe blames heavy rain for Elphinstone stampede

Rediff.com12 Oct 2017

The report said people with heavy luggage lost their balance because of which the stampede may have occurred.

'Luck is very important in our industry'

'Luck is very important in our industry'

Rediff.com18 Nov 2020

'If luck favours you, with your hard work and your karma, nothing is impossible.'

Kashmir: Vote For Hope After A Long Decade

Kashmir: Vote For Hope After A Long Decade

Rediff.com13 May 2024

It's just not a date. It's just not about selecting a candidate. It's not about helping some candidate win. It's about expressing emotion, after ten years, that could reach out in India and beyond it, notes Sheela Bhatt.

SEBI To Go Soft On Rumour Verification For Listed Cos

SEBI To Go Soft On Rumour Verification For Listed Cos

Rediff.com12 Jan 2024

The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.

Petrol, diesel prices cut by Rs 2 each

Petrol, diesel prices cut by Rs 2 each

Rediff.com14 Mar 2024

Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced.

Market mayhem: Investors poorer by Rs 7.59 lakh crore

Market mayhem: Investors poorer by Rs 7.59 lakh crore

Rediff.com23 Oct 2023

Investors' wealth eroded by Rs 7.59 lakh crore on Monday as the equity market took a heavy drubbing amid escalating tensions in the Middle East. The 30-share BSE Sensex plunged 825.74 points or 1.26 per cent to settle at 64,571.88 points. During the day, the index plummeted 894.94 points or 1.36 per cent to 64,502.68 points.

After record sales in FY23, auto companies expect demand to mute

After record sales in FY23, auto companies expect demand to mute

Rediff.com1 Apr 2023

'In FY23, PV sales are expected to end the year at a record 3.8 million units, up 26 per cent. In FY24, however, the industry is expecting 5-7 per cent volume growth'

How Toyota, Suzuki plan to beat slowdown in auto industry

How Toyota, Suzuki plan to beat slowdown in auto industry

Rediff.com29 Aug 2019

While Toyota will acquire 4.94 per cent shares of Suzuki, worth $ 908 million, the latter will make a $ 454-million investment in the biggest automaker of Japan. Premium products from the Maruti stable such as the Baleno, Ciaz and Vitara Brezza will be sold under the Toyota brand with small changes.

Week after rejig, Najma Heptullah quits Modi Cabinet

Week after rejig, Najma Heptullah quits Modi Cabinet

Rediff.com13 Jul 2016

Minority Affairs Minister Najma Heptulla, who had crossed 75 years, resigned on Tuesday from the Union Cabinet along with Minister of State for Heavy Industries G M Siddeshwara.