News for 'Industrial Technological Research Institute'

COVID vaccine likely to be available by first of 2021: Choubey

COVID vaccine likely to be available by first of 2021: Choubey

Rediff.com19 Sep 2020

Responding to another question, Choubey said that the phase-I of clinical trials have revealed excellent safety of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd, and now their immunogenicity testing is in progress. Their phase II clinical trials are ongoing.

Why our institutions are producing unemployable Indians

Why our institutions are producing unemployable Indians

Rediff.com2 May 2016

'I did not bother to collect my diploma certificate because the course was a waste of time and more or less useless. It would be instructive for me to describe it because manufacturing is seen as the way out for India's great unemployment problem. It is? I do not think so,' says Aakar Patel.

In non-cigarettes push, how ITC built more than 25 FMCG mother brands

In non-cigarettes push, how ITC built more than 25 FMCG mother brands

Rediff.com4 Jan 2024

A young couple sharing a laugh - in the living room over a Polish joke book, on the beach, in the rain - with the tagline, "Made for each other", hung from billboards at prominent street corners from the 1960s to the 1990s. It was a campaign for one of the largest selling cigarette brands in India, Wills (Navy Cut) from the ITC stable, that resonated with a generation of smokers and non-smokers alike till the curtains came down on tobacco advertising in 2004. As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses. In the mind space of Gen Z or millennials, the company represents a gamut of branded products - from frozen food (ITC Master Chef), noodles (YiPPee!), and cookies (Sunfeast) to snacks (Bingo!) and notebooks (Classmate), and so on and so forth.

Hiring slowdown lifts India's top IT companies' profit per employee

Hiring slowdown lifts India's top IT companies' profit per employee

Rediff.com25 Jan 2023

A slowdown in hiring by India's top IT companies has resulted in a sharp increase in the industry's profit per employee in Q3FY23. The top four IT companies earned a net profit of 1.7 lakh per employee during October-December 2022, up 8.6 per cent from Rs 1.57 lakh in Q2FY23 and 16.3 per cent from a record low of Rs 1.47 lakh in Q1FY23. Earnings per employee in the third quarter were, however, still down 0.9 per cent on a year-on-year (YoY) basis.

Sensex ends down 150 points in volatile trade

Sensex ends down 150 points in volatile trade

Rediff.com29 Jun 2022

Benchmark indices started the trade on a weak note on Wednesday with the Sensex falling 564.77 points, following feeble global market trends and persistent foreign capital outflows. The 30-share BSE Sensex was trading 564.77 points lower at 52,612.68. The NSE Nifty dipped 162.4 points to 15,687.80. Among the Sensex pack, IndusInd Bank, Hindustan Unilever, Bajaj Finserv, Titan, Kotak Mahindra Bank and Bajaj Finance were the major laggards in early trade.

DCGI approves commercial launch of low-cost Covid test 'Feluda'

DCGI approves commercial launch of low-cost Covid test 'Feluda'

Rediff.com20 Sep 2020

This test uses an indigenously developed, cutting-edge CRISPR technology for detection of the genomic sequence of SARS-CoV-2 virus, CSIR said in a statement.

Mystery Of Indian-Born Foreign Stars

Mystery Of Indian-Born Foreign Stars

Rediff.com15 Nov 2022

Should we not be creating roles in India for the talented, asks Ajit Balakrishnan.

Goodbye to manual scavenging? IIT Madras develops robots for task

Goodbye to manual scavenging? IIT Madras develops robots for task

Rediff.com9 Jun 2022

Named "HomoSEP", ten units are planned to be deployed across Tamil Nadu and the researchers are in touch with sanitation workers to identify the locations, officials said.

Selling in oil, banking & IT shares drag markets down

Selling in oil, banking & IT shares drag markets down

Rediff.com13 Jul 2022

Benchmark equity indices Sensex and Nifty reversed their early gains to close lower on Wednesday due to selling in oil & gas, banking and IT stocks amid weak trends in European markets. The 30-share BSE Sensex declined by 372.46 points or 0.69 per cent to close at 53,514.15, extending its falling streak to a third day. The index opened higher and touched the day's high of 54,211.22 amid gains in Asian markets.

World university rankings: Why China is ahead of India

World university rankings: Why China is ahead of India

Rediff.com16 Jan 2019

India improved its representation in the Times Higher Education rankings with 25 universities in the top 200. But it is far behind China which has four in the top five.

How IIT Kharagpur researchers are leading a 'green revolution'

How IIT Kharagpur researchers are leading a 'green revolution'

Rediff.com27 May 2015

The farmers of Khentia are now working in tandem with the IIT team.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Sensex zooms 1,345 points; reclaims 54,000 mark

Sensex zooms 1,345 points; reclaims 54,000 mark

Rediff.com17 May 2022

Benchmark equity indices Sensex and Nifty on Tuesday spurted by over 2.5 per cent to log their best single-day gains in three months, propelled by heavy buying in metal, energy and banking stocks amid a global rally in stocks. The 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at 54,318.47 points with all of its constituents closing with gains. During the day, it jumped 1,425.58 points or 2.69 per cent to 54,399.42. The broader NSE Nifty rallied 417 points or 2.63 per cent to finish at 16,259.30 points.

5 Tech Trends To Watch Out For

5 Tech Trends To Watch Out For

Rediff.com5 Jan 2022

Humans will work far more collaboratively with artificial intelligence for rapid and complex decision-making.

Why 'Make in India', why not Create in India?

Why 'Make in India', why not Create in India?

Rediff.com19 Apr 2016

The real issue in India is not between Make or Made/Create in India or basic or applied research. We need both. The solution is to create an eco-system where new ideas can flourish and convert themselves into new technologies and products, says Colonel Anil A Athale (retd).

Economy to grow 13-fold to $40 trillion by 2047: Mukesh Ambani

Economy to grow 13-fold to $40 trillion by 2047: Mukesh Ambani

Rediff.com22 Nov 2022

India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. Ambani's estimate for the Indian economy, currently the fifth largest in the world behind only the US, China, Japan and Germany, is more optimistic than Asia's richest man Gautam Adani, who last week stated that India will become a $30 trillion economy by 2050 on back of rising consumption and socio-economic reforms. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world," Ambani said at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar.

Dividend by top 10 payers more than doubles in FY23; TCS tops the table

Dividend by top 10 payers more than doubles in FY23; TCS tops the table

Rediff.com7 Jun 2023

Tata Consultancy Services (TCS), the group's biggest cash generator, overtook Vedanta to become the highest dividend payer in India in FY23. The IT services major paid Rs 42,090 crore for FY23, up 167.4 per cent from Rs 15,738 crore for FY22. The 10 biggest payers together shelled out Rs 2.06 trillion for FY23, more than double the Rs 98,371 crore for FY22.

Wow! IIT Delhi bags 1,100 job offers

Wow! IIT Delhi bags 1,100 job offers

Rediff.com2 Jul 2020

Approximately 85.6% undergraduate and postgraduate students who availed placement services of the institute got placed.

How China's military plans to catch up with the US

How China's military plans to catch up with the US

Rediff.com12 Nov 2020

The statements come from a booklet published this month by the state-run People's Publishing House, in which senior officials, including President Xi, outlined the latest five-year plan for the country's development.

Microsoft launches new plan to empower AI start-ups in India

Microsoft launches new plan to empower AI start-ups in India

Rediff.com20 Oct 2021

Tech giant Microsoft on Wednesday launched a new programme Microsoft AI Innovate for nurturing and scaling start-ups that are leveraging Artificial Intelligence (AI). The 10-week initiative will support start-ups in India leveraging AI technologies, helping them scale operations, drive innovation, and build industry expertise. Both B2B and B2C start-ups from various industries, including financial services, healthcare, education, agriculture, space, manufacturing and logistics, retail, and e-commerce can participate in the quarterly cohorts of this programme.

Green firecracker norms may rob Sivakasi's sparkle

Green firecracker norms may rob Sivakasi's sparkle

Rediff.com9 Oct 2019

Some experts opine that green crackers are yet not practical and question government's move to promote them.

Chandrayaan-2 not end of story: ISRO chief Sivan

Chandrayaan-2 not end of story: ISRO chief Sivan

Rediff.com2 Nov 2019

"Chandrayaan-2 is not the end of story. Our plans on Aditya L1 solar mission, human spaceflight programme are on track. A large number of advance satellite launches are planned in the coming months. SSLV will make its maiden flight sometimes in December or January. Testing of 200 ton semi-cryo engine is expected to begin shortly. Work is on to provide NAVIC signals on mobile phones, which will open the path to develop large number of applications for societal needs," he added.

DCGI approves mRNA Covid jab for 18 yrs & above; Covovax for 7-11 yrs

DCGI approves mRNA Covid jab for 18 yrs & above; Covovax for 7-11 yrs

Rediff.com28 Jun 2022

The DCGI's nod came after the subject expert committee on COVID-19 of the CSDCO last week recommended granting emergency use authorisation to Covovax for the age group of 7 to 11 years.

Reliance top Indian firm in World's Best Employer list

Reliance top Indian firm in World's Best Employer list

Rediff.com14 Oct 2021

Reliance Industries Ltd, the country's largest company by revenues, profits and market value, has topped Indian corporate in the World's Best Employers rankings 2021 published by Forbes. Reliance was placed at 52 in the overall ranking of 750 global corporates likes Phillips, Sanofi, Pfizer and Intel. Other Indian names in the top 100 rankings were ICICI Bank at 65, HDFC Bank at 77 and HCL Technologies at 90, according to the Forbes ranking.

Sensex, Nifty end in red; IT, banking shares drop

Sensex, Nifty end in red; IT, banking shares drop

Rediff.com14 Jul 2022

Benchmark indices Sensex and Nifty gave up early gains to close lower for a fourth straight session on Thursday due to selling in IT and banking shares amid weak global equities. The 30-share BSE benchmark settled 98 points or 0.18 per cent lower at 53,416.15. During the day, it hit a high of 53,861.28 and a low of 53,163.77. The broader NSE Nifty also pared initial gains and ended 28 points or 0.18 per cent down to settle at 15,938.65.

Reliance proposes using tapeworm drug to treat Covid patients

Reliance proposes using tapeworm drug to treat Covid patients

Rediff.com3 Jun 2021

Niclosamide, a drug on the World Health Organisation's list of essential medicines, has been used to treat tapeworm infestation for more than 50 years. The oral antiviral drug was also used to treat patients during the SARS outbreak of 2003-04.

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

Rediff.com12 May 2023

With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Their reasons for the advice include risks like the possibility of a cut in corporate earnings growth forecasts, high valuation (one-year forward P/E of 19.5x), interest rates staying elevated for longer-than-expected and credit tightening. Going ahead, they expect the Nifty50 index to drop to 16,000 levels - down nearly 12 per cent from the current level of 18,255 points, which they believe would be a good time to buy.

Digital frauds continue to plague Mastercard

Digital frauds continue to plague Mastercard

Rediff.com8 Sep 2019

Mastercard recently launched an authentication product called Identity Check Express that enables customers to verify transactions on their own.

Sensex pares early losses; ends up 231 points

Sensex pares early losses; ends up 231 points

Rediff.com28 Mar 2022

Equity benchmark Sensex pared its early losses to close higher by 231 points on Monday, helped by buying in index heavyweight Reliance Industries and ICICI Bank amid positive global trends. After falling 537.11 points to a low of 56,825.09 in morning trade, the 30-share BSE barometer staged a recovery in afternoon trade and climbed 231.29 points or 0.40 per cent to settle at 57,593.49. As many as 20 Sensex stocks closed with gains while 10 declined. The broader NSE Nifty recovered 69 points or 0.40 per cent to settle at 17,222 with 29 of its constituents ending in green.

How long before the world gets a COVID-19 vaccine?

How long before the world gets a COVID-19 vaccine?

Rediff.com28 Apr 2020

More than 2 million people have been diagnosed with coronavirus across the world, and the pharmaceutical industry is pulling out all stops to find potential treatments and vaccines for the global pandemic. According to the World Health Organization, there are now more than 70 potential vaccines under evelopment, with some already in clinical trials.

What India's IT firms are looking for in prospective employees

What India's IT firms are looking for in prospective employees

Rediff.com30 May 2017

AI, cloud computing, data analytics are a few areas companies are looking for proficiency in

Markets end in red; RIL, HDFC twins top drags

Markets end in red; RIL, HDFC twins top drags

Rediff.com10 Oct 2022

Equity indices chalked up losses for the second straight session on Monday, in tandem with a bearish trend overseas as ratcheting up of hostilities in Ukraine and prospects of further rate hikes by the US Fed soured global risk sentiment. The rupee slipping to another all-time low against the US dollar amid foreign fund outflows added to the gloom, traders said. After tumbling over 800 points in intra-day trade, the 30-share BSE Sensex clawed back some lost ground to end 200.18 points or 0.34 per cent lower at 57,991.11.

India to start world's biggest vaccination drive: PM

India to start world's biggest vaccination drive: PM

Rediff.com4 Jan 2021

Lauding the scientists and technicians for the 'Made in India' vaccines, he said the country is proud of them.

What 'Hike' In Defence Budget Doesn't Reveal

What 'Hike' In Defence Budget Doesn't Reveal

Rediff.com11 Feb 2022

Even as Chinese troops continue squatting on territory that we claim as our own -- this was the lowest allocation for defence in percentage terms since the 1950s, reveals Ajai Shukla.

Rahul Bajaj, World's Favourite Indian

Rahul Bajaj, World's Favourite Indian

Rediff.com12 Apr 2022

'Rahul inspired Indian industry with an ethos, an ethos of being more confident, more independent, more thorough, more competitive, more generous, more public-spirited, and more national and more international all at once,' remembers Naushad Forbes.

Secret recipe of ITC's mega success

Secret recipe of ITC's mega success

Rediff.com23 Mar 2023

A hotel in 1975, entry into paperboards in 1979, India's dominant cigarette maker, ITC, read the tea - or tobacco - leaves early, leveraged its enterprise strengths and stepped up the diversification agenda to create multiple drivers of growth. Some failed, some faltered, some were transformational, adding steadily to the top line. Now those efforts are making a difference: margins from non-cigarettes - FMCG, hotels, agri, paperboards, paper and packaging - are expanding and profits are kicking in more significantly than ever before.

Infy to hire 2,000 locals in North Carolina

Infy to hire 2,000 locals in North Carolina

Rediff.com7 Jul 2017

Infosys is planning to hire the first 500 within two years.

India does not need to import from China: Gadkari

India does not need to import from China: Gadkari

Rediff.com30 Nov 2020

Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.

Led by new-gen investors, mobile trading gets a big boost

Led by new-gen investors, mobile trading gets a big boost

Rediff.com21 Jul 2022

A new generation of investors has taken to stock trading on mobile phones with a renewed zeal, driven mainly by social changes after the Covid-19 pandemic breakout. The proportion of the cash market turnover ascribed to mobile phones has jumped from 5.3 per cent in June 2019 to 18.7 per cent in June this year, reveals BSE data. The share of mobile trading on the National Stock Exchange (NSE) for June this year stood at 19.5 per cent.

Microsoft to set up largest data centre in Hyderabad

Microsoft to set up largest data centre in Hyderabad

Rediff.com7 Mar 2022

Tech giant Microsoft will set up its largest and fourth data centre in India at Hyderabad with an investment outlay of over Rs 15,000 crore over a period of 15 years. "I am very happy to say today that Hyderabad will be the destination for Microsoft's largest Data Centre investment in India with an investment of over Rs 15,000 crore over a period of 15 years. "This will be one of the largest FDIs that Telangana has attracted," Telangana Minister for IT and Industries KT Rama Rao on Monday said at an event marking the announcement of Microsoft's latest data centre region in Hyderabad.