News for 'Industry'

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Rediff.com3 days ago

The Supreme Court, in a 6:3 majority verdict, has ruled that the expansive, labour-friendly definition of 'industry' from its 1978 Bangalore Water Supply and Sewerage Board judgement will not be used for interpreting the Industrial Relations Code of 2020. However, the 'triple test' from the 1978 verdict will still apply to pending cases under the now-repealed 1947 Industrial Disputes Act.

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

Rediff.com16 Aug 2026

The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.

Passenger Vehicle Dispatches Surge 34.3% in July, Fueling Auto Industry Growth

Passenger Vehicle Dispatches Surge 34.3% in July, Fueling Auto Industry Growth

Rediff.com13 Aug 2026

Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).

Industrial Production Jumps 7.3% in June, Driven by Manufacturing & Power

Industrial Production Jumps 7.3% in June, Driven by Manufacturing & Power

Rediff.com28 Jul 2026

India's industrial production recorded a significant 7.3 per cent year-on-year growth in June, primarily fuelled by a strong performance in the manufacturing sector and robust expansion in electricity and gas supply.

La Liga's Tebas: FIFA's Infantino 'Should Quit' Over 'Destroying Football Industry'

La Liga's Tebas: FIFA's Infantino 'Should Quit' Over 'Destroying Football Industry'

Rediff.com21 Jul 2026

La Liga president Javier Tebas has called for FIFA president Gianni Infantino to resign, accusing the global governing body of 'destroying the football industry' through the expansion of international competitions at the expense of domestic leagues and clubs. Tebas also criticised the handling of a US player's ban and the proposed expansion of the men's World Cup.

CEA Calls For Industry Investment In Skilling, Innovation For GCCs

CEA Calls For Industry Investment In Skilling, Innovation For GCCs

Rediff.com9 Jul 2026

Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.

Mid- and Small-Cap SIP Returns Rebound, Boosting MF Industry Outlook

Mid- and Small-Cap SIP Returns Rebound, Boosting MF Industry Outlook

Rediff.com2 Jul 2026

Systematic Investment Plan (SIP) returns for smallcap and midcap mutual funds have seen a significant rebound, with average one-year SIP returns now at 19.1 per cent for smallcap funds and 13.5 per cent for midcap funds, according to Value Research data. This recovery is expected to revive momentum in the retail mutual fund industry, which had experienced a moderation in growth indicators.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com6 hours ago

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

'Eknath Shinde Was Extremely Aggressive'

'Eknath Shinde Was Extremely Aggressive'

Rediff.com4 days ago

'I've seen a lot of meetings over the years, but this was the first time I've seen the deputy chief minister and the industries minister sit through something like this with 200 to 300 industrialists, local residents and politicians from both the ruling side and Opposition, all in the same room.'

Carmakers ramp up production for festive season, but high base and inventory risks loom

Carmakers ramp up production for festive season, but high base and inventory risks loom

Rediff.com2 days ago

Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.

Can TCS Survive Chandra's Exit?

Can TCS Survive Chandra's Exit?

Rediff.com9 hours ago

N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Rediff.com1 days ago

The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.

How IIT Dhanbad's New Optical Sensor Revolutionises Structural Monitoring

How IIT Dhanbad's New Optical Sensor Revolutionises Structural Monitoring

Rediff.com3 days ago

Researchers at IIT (ISM) Dhanbad have secured a patent for a novel temperature-independent optical sensor designed to precisely measure structural tilt in two directions. This lightweight sensor, utilising Fiber Bragg Grating (FBG) technology, offers enhanced monitoring capabilities for various applications including bridges, robotics, aerospace, and geotechnical systems, promising low maintenance and long-term stability checks.

Three Business Dailies Set to Launch

Three Business Dailies Set to Launch

Rediff.com2 days ago

The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.

Irdai's crackdown on insurer operating costs signals stricter compliance

Irdai's crackdown on insurer operating costs signals stricter compliance

Rediff.com7 hours ago

The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Rediff.com6 Jul 2026

India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).

Yogi Adityanath's English speech at India-Japan conclave goes viral

Yogi Adityanath's English speech at India-Japan conclave goes viral

Rediff.com8 hours ago

Uttar Pradesh Chief Minister Yogi Adityanath surprised social media by delivering a speech in English at the India-Japan Business Conclave, with a video clip of his address quickly spreading online and drawing widespread reactions.

Ratlam Villagers Clash With Police Over Industrial Zone Land

Ratlam Villagers Clash With Police Over Industrial Zone Land

Rediff.com12 Jun 2026

Villagers in Ratlam, Madhya Pradesh, pelted stones at a government team attempting to remove encroachments for a proposed industrial zone, injuring three police personnel. Police used mild force and teargas, detaining around 40 people, as resistance stemmed from long-term occupation of government land.

Delhi Government Orders Audit Of Key Industrial Zones

Delhi Government Orders Audit Of Key Industrial Zones

Rediff.com8 Jun 2026

The Delhi government has announced a comprehensive audit of the Narela and Bawana industrial areas, covering the period from 2011-12 to 2025-26. The audit, initiated by the DSIIDC, aims to identify financial irregularities, fund diversions, and their financial impact within these public-private partnership projects.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

Indian Student Hurt In Drone Strike Amid Russia-Ukraine Escalation

Indian Student Hurt In Drone Strike Amid Russia-Ukraine Escalation

Rediff.com5 days ago

An Indian student sustained minor injuries in a drone attack in Ufa, Russia, and is receiving treatment. The Indian Embassy in Moscow is providing assistance. The incident occurred amidst escalating drone strikes between Russia and Ukraine, with Ufa experiencing attacks on an oil refinery.

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Rediff.com7 days ago

Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are poised to collectively raise nearly Rs 5,600 crore through initial public offerings (IPOs) in the upcoming week, adding to the bustling primary market activity.

Amitabh Bachchan: I Used To Get Scolded A Lot

Amitabh Bachchan: I Used To Get Scolded A Lot

Rediff.com5 days ago

Amitabh Bachchan recently shared candid recollections of the rejections and scoldings he endured from directors during his formative years in the film industry.

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Rediff.com16 Aug 2026

The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.

8.7cr Indian youth are not studying, working: Niti report

8.7cr Indian youth are not studying, working: Niti report

Rediff.com1 days ago

A Niti Aayog report reveals that an estimated 8.7 crore Indian youth aged 15 to 29 are not engaged in education, employment, or training (NEET), underscoring the critical need for subsidised training programmes focused on self-employment and emerging sectors.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com5 days ago

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

Bengaluru Gets First Gemini Enterprise Experience Centre

Bengaluru Gets First Gemini Enterprise Experience Centre

Rediff.com5 days ago

Econz IT Services, in partnership with Google Cloud, has launched Bengaluru's first Gemini Enterprise Experience Centre. This centre provides an immersive environment for businesses to develop and deploy advanced Agentic AI solutions, marking a significant step in enterprise AI innovation in the region.

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

Rediff.com2 days ago

India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.

Why India Must Bridge The Research-To-Technology Gap

Why India Must Bridge The Research-To-Technology Gap

Rediff.com2 days ago

Noted scientist Prof V Ramgopal Rao highlights India's significant progress in higher education and research but points out a critical gap in converting scientific discoveries into market-ready technologies. He advocates for a robust institutional framework, multidisciplinary collaboration, and stronger academia-industry ties to foster innovation and translate research into practical products.

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com7 days ago

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

AI drives demand for flexible office spaces as firms seek agility

AI drives demand for flexible office spaces as firms seek agility

Rediff.com3 days ago

Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.

For Rs 2, E-Eye Can Check If Water Is Safe

For Rs 2, E-Eye Can Check If Water Is Safe

Rediff.com6 days ago

E-Eye, which cost about Rs 3,500 to develop, can test a sample for around Rs 2, making it particularly suitable for field-level water quality monitoring in areas where access to sophisticated laboratories is limited.

5 High Growth Business Ideas for First-Time Women Entrepreneurs

5 High Growth Business Ideas for First-Time Women Entrepreneurs

Rediff.com3 hours ago

The companies that grow are the ones that adapt quickly, embrace technology thoughtfully and never lose sight of the customer.

Maharashtra Forms Task Force For Drone Policy Implementation

Maharashtra Forms Task Force For Drone Policy Implementation

Rediff.com13 Aug 2026

The Maharashtra government is setting up a ministerial task force, led by Minister Ashish Shelar, to ensure the effective implementation of its drone policy. Chief Minister Devendra Fadnavis announced this, emphasising the need for a "policy of policies" to integrate R&D, manufacturing, testing, and subsidies, and to strengthen the state's drone ecosystem, including developing a 'Drone City'.

India imposes sugar stock limits on bulk consumers to curb price rise

India imposes sugar stock limits on bulk consumers to curb price rise

Rediff.com4 days ago

The Indian government has imposed stockholding limits on bulk sugar consumers, restricting them to a 15-day supply if they use over 10 tonnes monthly, effective September 1 to November 30, to stabilise prices ahead of the festival season.

Chinese Robot Lightning Beats Usain Bolt's 100m World Record

Chinese Robot Lightning Beats Usain Bolt's 100m World Record

Rediff.com2 days ago

A humanoid robot named Lightning, developed by Chinese smartphone maker Honor, has reportedly run 100 meters in 9.32 seconds, surpassing Usain Bolt's human world record.

After 10 Years, India May Import Sugar

After 10 Years, India May Import Sugar

Rediff.com4 days ago

India is set to import 1 million tonnes of raw sugar at zero duty after domestic stocks fell sharply and prices surged ahead of the festival season.

MIT-WPU Researchers Create Innovative Noise-Reducing Industrial Enclosure

MIT-WPU Researchers Create Innovative Noise-Reducing Industrial Enclosure

Rediff.com9 Jun 2026

Researchers at MIT World Peace University (MIT-WPU) Pune have developed a new protective enclosure for industrial abrasive saw machines. This innovative technology significantly reduces noise levels by up to 20 dB(A) while also containing sparks, dust, and flying debris, enhancing worker safety and welfare.

Why Japan Is Expanding Defence Ties Beyond India

Why Japan Is Expanding Defence Ties Beyond India

Rediff.com5 days ago

Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.

What If the Biggest Bank Fraud Risk Is An Employee?

What If the Biggest Bank Fraud Risk Is An Employee?

Rediff.com3 days ago

Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.