News for 'India Business Unit'

Why BYD's 5-minute charging of EVs won't work in India

Why BYD's 5-minute charging of EVs won't work in India

Rediff.com18 Mar 2025

BYD's new charging system is capable of up to 1000kW charging speeds which may be achievable in China, the carmaker's home market, but such high charging speed is not available in India.

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

For Tesla, India is a challenge as well as opportunity

For Tesla, India is a challenge as well as opportunity

Rediff.com19 Mar 2025

With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.

Tesla Gears Up in Kurla

Tesla Gears Up in Kurla

Rediff.com4 Jun 2025

Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.

'US Is Only Arm-Twisting'

'US Is Only Arm-Twisting'

Rediff.com13 Jun 2025

'There is nothing bilateral about this deal.'

Will Shashi Tharoor Quit Congress?

Will Shashi Tharoor Quit Congress?

Rediff.com26 Jun 2025

Sources close to the top BJP leadership tell me that Tharoor has already had secret meetings with the BJP's top brass and is waiting patiently to make his next move, reports Ramesh Menon.

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

Rediff.com2 Apr 2025

'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'

Polybags clogged toilets: Why Air India flight returned to Chicago

Polybags clogged toilets: Why Air India flight returned to Chicago

Rediff.com11 Mar 2025

Days after its Delhi-bound aircraft returned to Chicago due to unserviceable lavatories, Air India on Monday said its probe found that polythene bags, rags, and clothes had been flushed down and were stuck in the plumbing.

Pakistan staring at another military coup?

Pakistan staring at another military coup?

Rediff.com16 Jul 2025

Speculation swirls in Pakistan regarding potential changes in the political landscape, fueled by rumors of the army chief's possible presidential aspirations and discussions between top civilian and military leaders.

GCCs reach new heights in India with neo and mid-sized banks

GCCs reach new heights in India with neo and mid-sized banks

Rediff.com24 Mar 2025

Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.

Foreign companies' tax burden at record low in India

Foreign companies' tax burden at record low in India

Rediff.com24 Feb 2025

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).

'US May Demand Not Just Tariff Cuts But...'

'US May Demand Not Just Tariff Cuts But...'

Rediff.com5 Mar 2025

I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'

AMPLB calls for 15-min 'lights out' protest against Waqf Act on Wednesday

AMPLB calls for 15-min 'lights out' protest against Waqf Act on Wednesday

Rediff.com30 Apr 2025

The All India Muslim Personal Law Board (AIMPLB) has called for a nationwide 'lights out' protest from 9 PM to 9:15 PM on April 30 to oppose the amendments made to the Waqf Act. The AIMPLB spokesperson, SQR Ilyas, stated that the protest is a symbolic expression of solidarity against the 'discriminatory and constitutionally incompatible' amendments. The Board has been running a campaign against the amendments since April 10, organizing meetings and protests across the country.

US Firms Back Trump's India Tariffs

US Firms Back Trump's India Tariffs

Rediff.com31 Mar 2025

Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.

EB-5 Visa Becoming Preferred Choice For US Migration

EB-5 Visa Becoming Preferred Choice For US Migration

Rediff.com24 Jun 2025

With more than 1.2 million Indians stuck in green card backlogs, investor-driven EB-5 programme sees rising interest as a secure route for migration to the US.

'Auto industry has resilience to tackle rare earth issue'

'Auto industry has resilience to tackle rare earth issue'

Rediff.com27 Jun 2025

'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Fuel Cutoff, Pilot Confusion Before AI Plane Crash: AAIB Report

Fuel Cutoff, Pilot Confusion Before AI Plane Crash: AAIB Report

Rediff.com12 Jul 2025

A preliminary investigation into the Air India Flight 171 crash in Ahmedabad reveals that both fuel switches were cut off before the crash, followed by pilot confusion. The report also indicates that fuel samples were satisfactory and no immediate action is recommended for Boeing 787-8 operators.

Reciprocal tariffs against India from April 2: Trump

Reciprocal tariffs against India from April 2: Trump

Rediff.com5 Mar 2025

Trump has made it clear to Prime Minister Modi that India will not be spared from Washington's reciprocal tariffs and emphasised that "nobody can argue with me" on tariff structure.

Industrialist Ratul Puri discharged in Rs 1,101-cr Moser Baer cases

Industrialist Ratul Puri discharged in Rs 1,101-cr Moser Baer cases

Rediff.com20 Jun 2025

An accused is discharged at the stage of charge-framing when the judiciary is persuaded that the prosecution's claims do not contain adequate prima facie evidence to suggest criminal conduct.

Trump slaps 26% reciprocal tariffs on India, 34% on China

Trump slaps 26% reciprocal tariffs on India, 34% on China

Rediff.com3 Apr 2025

US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."

Donald Trump's move suits India: Jaishankar

Donald Trump's move suits India: Jaishankar

Rediff.com6 Mar 2025

India's External Affairs Minister S Jaishankar has stated that the US administration under President Donald Trump is moving towards multipolarity, which aligns with India's interests. He also revealed that India and the US have reached an agreement on the need for a bilateral trade pact. Jaishankar touched upon various foreign policy issues including India's role in the Russia-Ukraine conflict, the trajectory of the BRICS grouping, and relations with China during a session at the Chatham House think-tank in London.

'Small Cars Must Grow By 8-10% For...'

'Small Cars Must Grow By 8-10% For...'

Rediff.com11 Jun 2025

'...the auto industry to get back to 7% to 8% annual growth.' 'High growth in the SUV segment alone will not achieve this, as it is a small market.'

Rs 1,500 cr incentive scheme in the works for recycling critical minerals

Rs 1,500 cr incentive scheme in the works for recycling critical minerals

Rediff.com14 Jun 2025

Following the disruption in the supply of rare earth or permanent magnets after China's notification on April 4, the mines ministry is planning to introduce a Rs 1,500 crore incentive scheme to recycle critical minerals, according to a top official.

Why Birla finds US an attractive investment destination

Why Birla finds US an attractive investment destination

Rediff.com3 Jun 2025

The United States offers an "abundance" of stability and transparency, which makes the world's largest economy an attractive investment destination for the Aditya Birla Group, a top official from the Indian conglomerate has said. Kumar Mangalam Birla said the group chaired by him has invested $15 billion in the US over the last 17 years, making it the biggest Indian investor in the country.

'Super spokesperson of BJP': Cong's Udit Raj slams Tharoor again

'Super spokesperson of BJP': Cong's Udit Raj slams Tharoor again

Rediff.com29 May 2025

Congress leader Udit Raj criticized party colleague Shashi Tharoor for his reported remarks that India breached the Line of Control (LoC) for the first time during the 2016 surgical strike on a terror base, saying he should be declared a "super spokesperson of the BJP". Raj argued that India had crossed the LoC in 1965 and 1971, and that the UPA government had also conducted surgical strikes. Tharoor had reportedly said that India breaching the LoC to conduct a surgical strike was "something we had not done before". This is not the first time Raj has criticized Tharoor for his comments on India-Pakistan relations. Last month, Raj had hit out at Tharoor for his reported "no country has 100-per cent foolproof intelligence" remarks, questioning how Tharoor could be giving the BJP a "clean chit" on the Pahalgam terror attack. Tharoor had hit back at Raj, saying the latter is a former BJP MP and "is better qualified to understand who speaks for the BJP".

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Rediff.com11 Jun 2025

As the election nears, political positions on prohibition are shifting.

High US tariffs pushing Chinese exporters to tap Indian firms

High US tariffs pushing Chinese exporters to tap Indian firms

Rediff.com29 Apr 2025

American sourcing firms and exporters in China are approaching Indian companies to supply goods to the US as high tariffs imposed by Washington are making it difficult for them to ship directly to America, apex exporters' body FIEO said on Monday. The US has imposed 145 per cent tariffs on Chinese goods entering the American market. For India, the duty is just 10 per cent.

Trump Effect: Tourists Wary About US Travel

Trump Effect: Tourists Wary About US Travel

Rediff.com15 May 2025

Tourists hesitant to visit America due to frequent policy changes there.

'India can emerge as key player in global supply chain'

'India can emerge as key player in global supply chain'

Rediff.com15 Feb 2025

'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'

RCB Fan Sunak Lauds IPL's Growing Influence

RCB Fan Sunak Lauds IPL's Growing Influence

Rediff.com3 Jun 2025

Cricket back in Olympics after 100 years because of India: Former UK PM Sunak

Sharif credits Trump for Indo-Pak ceasefire, seeks US mediation

Sharif credits Trump for Indo-Pak ceasefire, seeks US mediation

Rediff.com5 Jun 2025

Sharif said that the US president had shown beyond any doubt that "he is a man for peace... and beneficial business deals".

1 In 5 Super Rich Indians Plans To Move Abroad

1 In 5 Super Rich Indians Plans To Move Abroad

Rediff.com27 Mar 2025

These super-rich Indians intend to reside in their chosen host country permanently while retaining their Indian citizenship.

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Rediff.com25 Apr 2025

Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement.

How to Choose Loans Against Property

How to Choose Loans Against Property

Rediff.com11 Jun 2025

'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'

82% Indians Eye Job Change In 12 Months

82% Indians Eye Job Change In 12 Months

Rediff.com12 May 2025

As many as 76 per cent of respondents said they will be willing to sacrifice existing benefits for better ones.

Why Jaishankar feels US under Trump 'suits' India

Why Jaishankar feels US under Trump 'suits' India

Rediff.com6 Mar 2025

"From President Trump's perspective, the one big shared enterprise that we have is the Quad, which is an understanding where everybody pays their fair share. There are no free riders involved. So that's a good model which works," he said. The Quad alliance consists of the US, India, Australia and Japan.

How Indira govt tried to control media during Emergency

How Indira govt tried to control media during Emergency

Rediff.com25 Jun 2025

'Skirmishes with officials in the Press Information Bureau were an everyday affair as the newspapers sought clearances from the media censors for publishing the next day's editions'

India's PV market posts record sales in 2024

India's PV market posts record sales in 2024

Rediff.com1 Jan 2025

Indian passenger vehicles market registered record wholesales of 43 lakh units in 2024, with companies like market leader Maruti Suzuki, Hyundai, Tata Motors, Toyota Kirloskar Motor, and Kia posting their best-ever annual domestic sales. The continued growth of SUVs, along with rural markets playing a key role in driving up car sales, helped the industry better the previous best of nearly 41.1 lakh units posted in 2023.

Chirag Paswan Wants To Be Bihar CM

Chirag Paswan Wants To Be Bihar CM

Rediff.com3 Jun 2025

While the BJP backs Nitish Kumar as chief minister, Chirag isn't hiding his readiness for the role, reports Aditi Phadnis.