News for 'Latin America'

Maruti, Bajaj Auto clock highest-ever exports in FY22

Maruti, Bajaj Auto clock highest-ever exports in FY22

Rediff.com11 Apr 2022

Overseas shipments at auto firms expanded at a brisk pace year-on-year (YoY) in March, bumping up the overall annual exports for FY22 and taking it to a record level for some like Maruti Suzuki India and Bajaj Auto. Amid a semiconductor shortage, a depreciating rupee and a strong demand in various export destinations, passenger vehicle makers diverted capacity meant for the local market in favour of the more-lucrative export market. Among the passenger vehicle makers, market leader Maruti Suzuki led the rally with its overseas shipments touching a record level of 238,376 units in FY22 - the highest for the company in any financial year.

Pakistan axe Malik, Razzaq for Sri Lanka series

Pakistan axe Malik, Razzaq for Sri Lanka series

Rediff.com1 Dec 2013

Pakistan have included uncapped opener Sharjeel Khan in their squad for this month's Twenty20 internationals against Sri Lanka and Afghanistan, but senior players Shoaib Malik and Abdul Razzaq were left out.

How music label Snafu uses AI to decode if a song will be a hit

How music label Snafu uses AI to decode if a song will be a hit

Rediff.com24 Nov 2021

With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.

Harvard University to open international office in Mumbai

Harvard University to open international office in Mumbai

Rediff.com2 Apr 2015

It is awaiting approval from the Indian government for its School of Public Health to open an office in Mumbai, a report in the college newspaper The Harvard Crimson said.

Wipro rewrites growth strategy under new chief Thierry Delaporte

Wipro rewrites growth strategy under new chief Thierry Delaporte

Rediff.com27 Nov 2020

Under the new model, the IT services firm will replace the current structure of its various strategic business units, service lines and geographies with four strategic market units and two global business lines.

63% of Indian employees believe machines will replace people

63% of Indian employees believe machines will replace people

Rediff.com14 Sep 2016

Employees in India were found to be more eager than employees across the region to adopt new workplace technologies

Adi Godrej to step down from GCPL board in Sep; to remain as Chairman Emeritus

Adi Godrej to step down from GCPL board in Sep; to remain as Chairman Emeritus

Rediff.com4 Aug 2021

After stepping down from the board with effect from September 30, he will remain as Chairman Emeritus of the FMCG firm, according to a statement issued on Wednesday. The 79-year-old industrialist passed on the baton of GCPL to his younger daughter Nisaba Godrej in 2017 after leading the company for 17 years.

China Plus One: Low labour costs and growing workforce give India the edge

China Plus One: Low labour costs and growing workforce give India the edge

Rediff.com5 Dec 2022

A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.

'India Is A Meat-Eating Country'

'India Is A Meat-Eating Country'

Rediff.com23 Feb 2024

'Our study finds that only about 20% of Indians are vegetarians and the rest of the 80% are non-vegetarians or meat-eaters.'

Coca- Cola's superb strategies to get future-ready in India

Coca- Cola's superb strategies to get future-ready in India

Rediff.com22 Oct 2015

Coca-Cola India had stepped up its innovation push to be future-ready, company president for India and South West Asia, Venkatesh Kini, said

British Airways offers up to 50% off on select flights from India

British Airways offers up to 50% off on select flights from India

Rediff.com9 Sep 2014

Domestic carriers, including newly-launched AirAsia India and regional airline Costa too have lowered their fares through these offers

Can India evade US's Iran oil sanctions?

Can India evade US's Iran oil sanctions?

Rediff.com24 Apr 2019

Whatever be India's course of action, it will have an impact on India-Iran ties, notes Aveek Sen.

Murray ponders over Rio participation despite Zika concerns

Murray ponders over Rio participation despite Zika concerns

Rediff.com31 May 2016

World number two Andy Murray is planning to participate in the forthcoming Rio Olympics in order to defend his Olympic gold medal despite growing concerns over the rapid spread of Zika virus in Brazil. Earlier, in an open letter to the World Health Organization (WHO), a total of 150 health experts had said that the current plans for the prestigious event need to be revised while citing several scientific studies that revealed the adverse effects of the virus. The WHO, however, turned down calls to move the Olympics venue, saying that moving the games would "not significantly alter" the spread of the virus. Murray, however, would head into the tournament after taking appropriate guidance from the Foreign Office and the British Olympic Association about the danger that the virus poses, the Guardian reported.

Renault Duster fails global crash test

Renault Duster fails global crash test

Rediff.com11 May 2017

Scores 0 on front seat protection and 2 stars for rear seat child occupant protection

India's realty sector remains favoured destination

India's realty sector remains favoured destination

Rediff.com21 Mar 2014

Increasing migration to cities and urbanisation along with interest from buyers to invest in real estate market, will continue to be the prime demand drivers, according to assurance, tax and advisory firm Grant Thornton.

Peace is necessary, but...: Modi on China threat

Peace is necessary, but...: Modi on China threat

Rediff.com13 Jul 2023

"We work with other countries to develop their capabilities and support their efforts to make free sovereign choices. More broadly, we aim to advance peace and stability in the region," he asserted.

Despite Covid, wealth of Indian adults rose 0.7% in H1-20

Despite Covid, wealth of Indian adults rose 0.7% in H1-20

Rediff.com23 Oct 2020

The total household wealth in India during this period rose 1.7 per cent to $246 billion.

TCS net profit jumps 16% to Rs 6,085 cr

TCS net profit jumps 16% to Rs 6,085 cr

Rediff.com13 Oct 2015

TCS reported a 5.8 per cent rise in revenue at Rs 27,165 crore.

Ahead of visit, Netanyahu says he's hopeful of expanding ties with India

Ahead of visit, Netanyahu says he's hopeful of expanding ties with India

Rediff.com11 Jan 2018

India in December voted in favour of the UN General Assembly resolution condemning the US for its decision to recognise Jerusalem as the capital of Israel.

'Key risks to markets in 2022 are...'

'Key risks to markets in 2022 are...'

Rediff.com16 Dec 2021

'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'

Jaishankar to address UNGA on Sep 24, counter-terrorism among key focus areas

Jaishankar to address UNGA on Sep 24, counter-terrorism among key focus areas

Rediff.com18 Sep 2022

External Affairs Minister S Jaishankar will arrive in New York on Sunday to participate in the high-level 77th session of the UN General Assembly, which kicks off on September 20 with the opening of the general debate.

'A crisis in Greece alone won't impact us'

'A crisis in Greece alone won't impact us'

Rediff.com7 Jul 2015

Exports to Greece from India are $360 million a year.

Next-gen techs, services to lead IT sector growth: Wipro

Next-gen techs, services to lead IT sector growth: Wipro

Rediff.com21 Jun 2021

IT industry's growth will largely be led by next-generation technologies and services with areas like data, cloud and cybersecurity expected to see huge incremental growth, Wipro CEO Theirry Delaporte said. Wipro has also closed several acquisitions in the second half of FY21 across key markets like the US and Europe, which has helped the Bengaluru-based company strengthen its local presence and service offerings, he said in his note in the company's FY2020-21 annual report. "We know that industry growth will largely be led by next-generation technologies and services. "We can therefore expect to see huge incremental growth in areas such as digital, cloud, data, engineering, cybersecurity.

Oly champ Ennis-Hill deeply concerned by Zika virus threat

Oly champ Ennis-Hill deeply concerned by Zika virus threat

Rediff.com28 Apr 2016

Britain's world and Olympic heptathlon champion Jessica Ennis-Hill is deeply concerned about the threat of the Zika virus in Brazil ahead of this summer's Olympics in Rio de Janeiro.

Brazil's Congress votes to impeach president Dilma Rousseff

Brazil's Congress votes to impeach president Dilma Rousseff

Rediff.com18 Apr 2016

Rousseff is accused of using accounting tricks to make her government's budget deficit appear smaller than it really was.

Trump slashes refugee intake to 45,000

Trump slashes refugee intake to 45,000

Rediff.com28 Sep 2017

Since 1975, the United States has welcomed more than 3 million refugees from all over the world.

Infosys executive council member Subrahmanyam Goparaju resigns

Infosys executive council member Subrahmanyam Goparaju resigns

Rediff.com19 Dec 2013

In the seventh top level exit in six months at Infosys, Subrahmanyam Goparaju, Senior Vice President and a member of the Executive Council that frames business strategy, has resigned.

When you engineer a virus, you leave behind...'

When you engineer a virus, you leave behind...'

Rediff.com29 Jun 2021

'...signatures.' 'But such signatures are missing in this virus.'

Ford puts exports from both its plants on fast track

Ford puts exports from both its plants on fast track

Rediff.com12 Jun 2017

Sanand plant exported 78,930 cars. The one at Chennai exported 79,539 units of EcoSport model

Ukraine is alive and kicking: Zelensky tells US Congress

Ukraine is alive and kicking: Zelensky tells US Congress

Rediff.com22 Dec 2022

Zelenskyy gave a message of hope for the Ukrainian people during his address to the Congress, saying the Russians "use everything" against cities such as Bakhmut but Ukraine "never surrenders".

Remittances to India likely to see 23% drop: World Bank

Remittances to India likely to see 23% drop: World Bank

Rediff.com23 Apr 2020

Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic, which has resulted in a global recession, the World Bank has said. Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis induced by the pandemic and shutdowns, according to a World Bank report on the impact of the Covid-19 on migration and remittances released on Wednesday.

Fortune at the bottom of global pyramid for Indian internet firms

Fortune at the bottom of global pyramid for Indian internet firms

Rediff.com7 Feb 2016

It will take years for faster Internet to reach this population and those who aren't even connected so far

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Rediff.com12 Dec 2022

Ola Electric will roll out its complete offering of electric scooters and motorcycles in each segment of the market - premium, mass premium, and economical - in the next 12 months in a bid to push for a near-full conversion of the two-wheeler market to electric in three years. According to Bhavish Aggarwal, founder and CEO of Ola Electric, "ICE (internal combustion engine) products will fall off a cliff." He also says the company is aiming to become profitable next year.

Leather exports may touch $14 bn by 2017

Leather exports may touch $14 bn by 2017

Rediff.com2 Jul 2013

India's leather exports are expected to touch the $14 billion level by 2017 and may double jobs in the sector to 5 million by that period, Council for Leather Exports (CLE) said on Tuesday.

IT industry will grow 13-14%: Som Mittal

IT industry will grow 13-14%: Som Mittal

Rediff.com19 Jun 2013

Software industry body Nasscom expects the country's information technology (IT) services sector to grow 13-14 per cent in the current financial year and to touch $225 billion (Rs 13.22 lakh crore) by 2020.

Wealth of India's super-rich slips 4.4% to $12.83 trn in 2020 due to rupee fall

Wealth of India's super-rich slips 4.4% to $12.83 trn in 2020 due to rupee fall

Rediff.com22 Jun 2021

In spite of Mukesh Ambani, Gautam Adani, the Poonawallas and many other Indians seeing a jump in their net worth in the pandemic-hit 2020, overall wealth of the country's super-rich dipped 4.4 per cent to $12.83 trillion in the year due to the rupee's fall, and so did their tally, says a report. The number of dollar millionaires in India fell from 7,64,000 in 2019 to 6,98,000 solely because of the rupee's fall, while their cumulative wealth stood at $12.833 trillion, down $594 billion or 4.4 per cent from the previous year, according to the report by Credit Suisse Research Institute. The country is home to just 1 per cent of the global rich, whose number rose by 5.2 million to 56.1 million in the COVID-hit year. However, the report expects the number of millionaires in India to soar 81.8 per cent to 1.3 million by 2025.

SAARC to fast-track development bank: Nepal

SAARC to fast-track development bank: Nepal

Rediff.com4 Aug 2014

The existing SAARC Development Fund could be merged into the bank.

NEP's thrust on mother tongue: The fate of English

NEP's thrust on mother tongue: The fate of English

Rediff.com11 Aug 2020

'With English the most rapidly growing medium of instruction in India's schools and accounting now for more than one-sixth of the total (next only to Hindi, which accounts for a half), India is not about to turn its face away from a language that has global currency,' notes T N Ninan.<

Rosier year-end seen for Indian pharma, thanks to faster US approvals

Rosier year-end seen for Indian pharma, thanks to faster US approvals

Rediff.com12 Oct 2015

Rosier year-end seen for Indian pharma thanks to faster US approvals.

Kwid pro quo: India turns Renault's prime turf

Kwid pro quo: India turns Renault's prime turf

Rediff.com18 Jan 2017

2016 has been the most important one for Renault in India, backed by strategic measures in all key biz dimensions.