News for 'India Business Unit'

What India Inc Expects From Modi 3.0

What India Inc Expects From Modi 3.0

Rediff.com7 Jun 2024

'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'

Chennai Brains Behind Ford's Global Hits

Chennai Brains Behind Ford's Global Hits

Rediff.com26 Aug 2024

'We participate in the design/development of components and systems for electric vehicles, internal combustion engines, and hybrid vehicles.'

Adulterated Drugs On Decline Amid Crackdown

Adulterated Drugs On Decline Amid Crackdown

Rediff.com10 Oct 2024

Rise in raids on illicit drug manufacturing units, alongside arrests for the production, sale, or distribution of spurious or adulterated drugs.

East Coast or West Coast? Cricket venue dilemma for LA28

East Coast or West Coast? Cricket venue dilemma for LA28

Rediff.com28 Oct 2024

New York, on the East Coast, hosted several preliminary-round matches of the T20 World Cup earlier this year, which it co-hosted with the West Indies.

Rupee may depreciate to 84.5 against US dollar by end of December

Rupee may depreciate to 84.5 against US dollar by end of December

Rediff.com25 Nov 2024

The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.

Pinaka Missile Is Ready For The Enemy!

Pinaka Missile Is Ready For The Enemy!

Rediff.com16 Nov 2024

The Enhanced Pinaka has demonstrated a range of 75 km and an ability to strike within 10 metres of where it is aimed. This allows a Pinaka battery to destroy a terrorist camp, or an enemy post, logistics dump or headquarters, without sending soldiers across the border.

How Indian Weddings Got So Big, Glitzy

How Indian Weddings Got So Big, Glitzy

Rediff.com20 Nov 2024

What was once a solemn Vedic ritual is today a celebration for the entire extended family. And why not? With families living in distant cities, even continents, weddings are seen as an occasion for cousins and uncles to congregate under one roof for two or three days, observes Ambi Parmeswaran.

India Needs 75 Years To Reach 25% Of US GDP

India Needs 75 Years To Reach 25% Of US GDP

Rediff.com2 Aug 2024

According to the World Bank, economic growth in middle-income countries, including India, is not accelerating. 'In fact, it is slowing down as incomes increase, with the trend becoming more pronounced each decade.'

Why Are Samsung Workers On Strike?

Why Are Samsung Workers On Strike?

Rediff.com21 Sep 2024

According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.

Lab Or Natural? What Diamond Would You Prefer?

Lab Or Natural? What Diamond Would You Prefer?

Rediff.com12 Dec 2024

Suddenly, the legendary advertising line -- a diamond is forever -- is losing its shine.

Marriott to set up GCC in Hyderabad, 1st in hospitality

Marriott to set up GCC in Hyderabad, 1st in hospitality

Rediff.com4 Oct 2024

Marriott International will set up a global capability center (GCC) in Hyderabad, which will be its first such offshore unit in India and will help support Marriott's various operations across its global enterprise in 141 countries and territories. Marriott Tech Accelerator is also -- in all likelihood -- the first ever GCC from a hospitality major being set-up in India. While the company did not give details of the size of the center, senior state government officials said that the company will hire 300 people by the first quarter of the calendar year 2025.

Once Nehru said 'India second, China first': Jaishankar

Once Nehru said 'India second, China first': Jaishankar

Rediff.com2 Apr 2024

External Affairs Minister S Jaishankar on Tuesday targeted Jawaharlal Nehru and claimed that past mistakes were responsible for the problems such as Pakistan Occupied Kashmir (POK) and occupation of some parts of the Indian territory by China.

Bajaj CNG Bikes Break Sales Records

Bajaj CNG Bikes Break Sales Records

Rediff.com26 Oct 2024

The Freedom 125 has sold 8,310 units in October to date. This is its highest since it was launched in July and may touch close to 9,000 by the end of the month.

Auto sales decline for 2nd consecutive month in August

Auto sales decline for 2nd consecutive month in August

Rediff.com1 Sep 2024

Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported decline in wholesales in August as the companies curtailed vehicle dispatches amid drop in demand and to cut inventories at dealer level. Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 143,075 units last month as compared to 156,114 units in the year-ago month, registering a dip of 8 per cent. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago.

India's Top Educational Institutions

India's Top Educational Institutions

Rediff.com13 Apr 2024

The coveted QS rankings indicate that India is slowly but steadily overtaking other nations in the field of education.

Can Gill recuperate in time for the opening Test?

Can Gill recuperate in time for the opening Test?

Rediff.com20 Nov 2024

They'll wait to make a call with him up until the morning of the Test match, said India's bowling coach Morne Morkel.

160,000 tents, 150,000 toilets: Prayagraj gears up for grand Maha Kumbh

160,000 tents, 150,000 toilets: Prayagraj gears up for grand Maha Kumbh

Rediff.com30 Dec 2024

Prayagraj is transforming into a massive temporary city to host the Maha Kumbh, the world's largest religious gathering, expected to draw over 40 crore pilgrims. The preparations include extensive infrastructure development, including 160,000 tents, 150,000 toilets, and a 1,250-km pipeline network. The event, starting on January 13, will culminate on February 26, bringing together millions of devotees for the holy dip at the confluence of the Ganga, Yamuna, and Saraswati rivers.

Missing! Chess Gold, Silver Medals

Missing! Chess Gold, Silver Medals

Rediff.com30 Nov 2024

'I have no idea about such a medal. Never got one,' says Surya Shekhar Ganguly, the national chess champion between 2003 and 2008.

Pranab should've been PM, Manmohan Prez because...: Aiyar in new book

Pranab should've been PM, Manmohan Prez because...: Aiyar in new book

Rediff.com15 Dec 2024

Veteran Congress leader Mani Shankar Aiyar, in his latest book, argues that Pranab Mukherjee should have been made Prime Minister in 2012 instead of Manmohan Singh, who was then recovering from health issues. Aiyar believes this would have prevented the "paralysis of governance" and "doomed" any prospects the Congress might have had to form UPA-III. He also criticizes the government's handling of the Anna Hazare-led agitation and the Commonwealth Games scandal, which he believes contributed to the party's downfall in the 2014 general elections.

'Trump's Win Won't Affect Skilled Immigrants'

'Trump's Win Won't Affect Skilled Immigrants'

Rediff.com27 Nov 2024

'As far as skilled immigration is concerned, the US needs Indian skills and Indian talent, and there are no two opinions about it even among US companies.'

Samsung Plant To Resume After 37 Day Strike

Samsung Plant To Resume After 37 Day Strike

Rediff.com18 Oct 2024

Employees were told to return to work from Monday onwards for a fresh start for improved production.

As PV sales dip, FADA raises alarm over rising inventory level

As PV sales dip, FADA raises alarm over rising inventory level

Rediff.com5 Sep 2024

Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account of delayed customer purchases, poor consumer sentiment and persistent heavy rains, industry body FADA said on Thursday. The overall passenger vehicle (PV) registrations last month stood at 309,053 units, as compared to 323,720 units in August 2023.

Lava dials up ambitions for smart wearables market

Lava dials up ambitions for smart wearables market

Rediff.com20 Aug 2024

With the recent launch of smartwatches, home-grown smartphone maker Lava is looking to secure a strong foothold in the Indian wearables market. The company aims to capture up to 20 per cent of this segment over the next few years, according to a senior executive.

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

'86% executives using AI to boost revenue'

'86% executives using AI to boost revenue'

Rediff.com16 May 2024

As many as 86 per cent of senior business executives have deployed artificial intelligence (AI) to enhance revenue streams or create new ones, said a report by Tata Consultancy Services (TCS) on Wednesday. As many as 69 per cent of businesses are more focused on using AI for innovation and increasing revenue than on improving productivity and optimising cost, said the 'TCS AI for Business Study'.

'Arrogance': Cong slams govt over TN bizman's 'apology' to FM

'Arrogance': Cong slams govt over TN bizman's 'apology' to FM

Rediff.com13 Sep 2024

Annapoorna chain of restaurants owner Srinivasan is seen purportedly highlighting concerns over varying GST rates. In the second video, Srinivasan was seen purportedly apologising in person to the Finance Minister.

'Forget About EVM Hacking!'

'Forget About EVM Hacking!'

Rediff.com24 Nov 2024

'Party workers sit outside polling booths and they know everything that is happening.' 'Besides, as a voter when you push the EVM button to vote there is a paper slip that comes out showing you who you voted for.'

26/11 attack accused Tahawwur Rana can be extradited to India: US attorney

26/11 attack accused Tahawwur Rana can be extradited to India: US attorney

Rediff.com3 Jul 2024

'India has established probable cause to prosecute him for his role in terrorist attacks that resulted in 166 deaths and 239 injuries'

JSW MG surges in sales: Is this the disruption electric car market needs?

JSW MG surges in sales: Is this the disruption electric car market needs?

Rediff.com30 Nov 2024

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

Swiggy: From a forgotten idea to Rs 1 trn mcap on listing

Swiggy: From a forgotten idea to Rs 1 trn mcap on listing

Rediff.com14 Nov 2024

Framing the next chapter in Swiggy's journey as a responsible corporate citizen, co-founder and chief executive officer (CEO) Sriharsha Majety unveiled the company's eagerly awaited public listing. Majety, who has largely shunned the spotlight, shared reflections on his entrepreneurial path and the strategic pivots he and his co-founders navigated in building Swiggy. "We started with code aggregation, then pivoted to logistics, and that became Swiggy.

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

2nd time in 20 yrs, manufacturing jobs outpace sector growth

2nd time in 20 yrs, manufacturing jobs outpace sector growth

Rediff.com24 Oct 2024

In a relatively rare occurrence, the growth in manufacturing jobs exceeded the pace of sector growth in 2022-23 (FY23). The number of persons engaged in the segment grew by 7.43 per cent in FY23, according to figures from the Annual Survey of Industries (ASI) released on September 30. The gross value added for the manufacturing sector grew by 4.24 per cent in current prices and declined by 2.2 per cent in real terms for FY23, according to earlier annual figures released by the government.

Focus on Kohli as India aim to avoid series loss in Sri Lanka

Focus on Kohli as India aim to avoid series loss in Sri Lanka

Rediff.com6 Aug 2024

India's previous bilateral ODI series defeat against Sri Lanka came way back in 1997.

Rediff appoints Infibeam's Vishal Mehta as CMD

Rediff appoints Infibeam's Vishal Mehta as CMD

Rediff.com3 Oct 2024

Rediff.com, one of India's pioneering internet companies, on Tuesday announced the appointment of Mr Vishal Mehta as its new Chairman and Managing Director. This key leadership change follows Infibeam Avenues Ltd's acquisition of a majority stake in Rediff.com.

'Lot Of Interest In GenAI And The Art Of Possible'

'Lot Of Interest In GenAI And The Art Of Possible'

Rediff.com28 Oct 2024

'GenAI programmes may not be large in terms of value, but have triggered a lot of new opportunities among clients.'

France's Total not to make any fresh investment in Adani

France's Total not to make any fresh investment in Adani

Rediff.com26 Nov 2024

French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL).

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Rediff.com25 Sep 2024

As the strike by Samsung Electronics employees in Sriperumbudur on the outskirts of Chennai entered its 16th day, the company on Tuesday claimed that it is paying 1.8 times of the average salary that manufacturing workers in the region are getting. "At Samsung India, the welfare of our workers is our top priority. "The average monthly salary of our full-time manufacturing workers at the Chennai plant is 1.8 times the average salary of similar workers employed at other companies in the region,"a Samsung statement said.

'For Tata Steel, It Will Be Better Than Last Year'

'For Tata Steel, It Will Be Better Than Last Year'

Rediff.com19 Jun 2024

'When you look at reviving private sector capex, I don't think there's a better story than steel.'

Aim to make India core in global energy revolution: Ola Electric

Aim to make India core in global energy revolution: Ola Electric

Rediff.com1 Jul 2024

In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.