News for 'Manufacturers Association'

'Can't control polls': SC to EVM critics as it reserves order

'Can't control polls': SC to EVM critics as it reserves order

Rediff.com25 Apr 2024

The Supreme Court said on Wednesday it cannot 'control the elections' or issue directions simply because doubts have been raised about the efficacy of Electronic Voting Machines (EVM), as it reserved its judgment on a clutch of petitions claiming the polling devices can be tinkered with to manipulate the results.

Patanjali ads: SC rejects Ramdev's apology, warns against perjury

Patanjali ads: SC rejects Ramdev's apology, warns against perjury

Rediff.com2 Apr 2024

The Supreme Court on Tuesday tore into Patanjali Ayurved's defence for putting out misleading advertisements, rejecting the apology from yoga guru Ramdev and the firm's managing director Acharya Balkrishna as 'lip service' and warned them against perjury.

In home and office, India's real estate market is charting a course for growth

In home and office, India's real estate market is charting a course for growth

Rediff.com8 Jun 2024

India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).

Godrej split: Who gets to keep what

Godrej split: Who gets to keep what

Rediff.com1 May 2024

Jamshyd Naoroji Godrej and his sister Smita Crishna Godrej-controlled Godrej & Boyce will hold the exclusive construction rights over a vast land bank, including a prime 3,000 acre-property in Mumbai, they got as part of the family agreement that split the Godrej empire, as per sources and regulatory filing. According to the agreement reached late Tuesday, the 127-year-oldgets to keep what group will be split into two entities - one led by Adi Godrej and his brother Nadir and the other by their cousins Jamshyd and Smita.

Manufacturing rises to four-month high in January

Manufacturing rises to four-month high in January

Rediff.com1 Feb 2016

Firms hired additional hands to keep up with the production demand

Pakistan Features in Amritsar Campaign

Pakistan Features in Amritsar Campaign

Rediff.com29 May 2024

Several candidates, including Taranjit Singh Sandhu, the BJP's Amritsar candidate, are promising resumption of India-Pakistan trade via the Attari-Wagah land route.

Textile body seeks stimulus package, tax exemption

Textile body seeks stimulus package, tax exemption

Rediff.com28 Jan 2009

The Centre, in a stimulus package on December 7, provided an interest subvention of two per cent up to March 2009 for pre and post-shipment export credit for labour-intensive exports (textiles, leather, marine products) and SME sector.

Heavy industries' ministry scraps human safety tests for EV batteries

Heavy industries' ministry scraps human safety tests for EV batteries

Rediff.com7 Sep 2023

The Centre on Wednesday scrapped the mandatory human safety tests for electric vehicle (EV) batteries required to qualify for incentives under various government schemes. The ministry of heavy industries, in its fresh guidelines, has made compliance with the ministry of road transport and highways (MoRTH's) prevailing EV battery testing standards the only requirement to get incentives under the Centre's various incentive schemes.

''India can be global manufacturing hub

''India can be global manufacturing hub

Rediff.com26 Aug 2003

The Indian manufacturing sector has the potential to emerge as the global hub, especially on account of its skilled manpower, advanced technology and software expertise.

Qwik Supply with RIL links donated Rs 385 cr to BJP, Rs 25 cr to Shiv Sena

Qwik Supply with RIL links donated Rs 385 cr to BJP, Rs 25 cr to Shiv Sena

Rediff.com22 Mar 2024

Qwik Supply, the third largest donor to political parities using electoral bonds, bought Rs 410 crore bonds between 2021-22 and 2023-24, and gave all but Rs 25 crore to the BJP.

Cars Of The Future

Cars Of The Future

Rediff.com7 Sep 2023

Passenger vehicles, motorcycles, bikes and commercial vehicles made their presence felt at the Munich Auto Show.

India to develop new Guar seed varieties

India to develop new Guar seed varieties

Rediff.com28 Sep 2007

Guar Gum Manufacturers' Association president G L Sarda said that the industry will definitely participate with the government in the project. "It is high time we fund research projects to develop new varieties of guar seeds," Sarda said.

Ramdev, Balkrishna apologise to SC for Patanjali ads

Ramdev, Balkrishna apologise to SC for Patanjali ads

Rediff.com9 Apr 2024

In two separate affidavits filed in the apex court, Ramdev and Balkrishna tendered unqualified apology for the 'breach of the statement' recorded in the November 21 last year order of the apex court.

India's first-ever hybrid pitch unveiled in Dharamsala

India's first-ever hybrid pitch unveiled in Dharamsala

Rediff.com6 May 2024

'Yes, the playing conditions still vary over time. But you're still in control of what sort of works for you on a pitch. So, you might play on a new hybrid pitch for one game.'

Ayodhya set for Ram Lalla's Surya tilak on first Ram Navami post-consecration

Ayodhya set for Ram Lalla's Surya tilak on first Ram Navami post-consecration

Rediff.com17 Apr 2024

This would be the first Ram Navami since the consecration of the Ram idol at the new temple, inaugurated by Prime Minister Narendra Modi on January 22. The system was tested by the scientists on Tuesday.

Electronics exports propelled by mobile show sharpest surge in top 10 club

Electronics exports propelled by mobile show sharpest surge in top 10 club

Rediff.com3 Jan 2024

Exports of electronics goods has risen by 24 per cent from April to November as compared with the same period in the last fiscal, the largest increase out of India's top 10 export categories. The increase has been propelled by mobile exports under the Production Linked Incentive (PLI) scheme and has pushed electronics up from sixth to fifth position in the top 10. A gap of $200 million separates electronics from occupying the fourth position, currently held by drugs and pharmaceuticals at $17.9 billion.

Adani forms JV to sell green hydrogen in Japan, Taiwan and Hawaii

Adani forms JV to sell green hydrogen in Japan, Taiwan and Hawaii

Rediff.com14 Sep 2023

Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to $50 billion over the next 10 years in setting up a fully integrated green hydrogen ecosystem in India. This includes the production of 1 million tonne of green hydrogen in the initial phase which will be ramped up to 3 million tonne later.

EVs to drive auto capex up by Rs 70,630 crore in 5 years

EVs to drive auto capex up by Rs 70,630 crore in 5 years

Rediff.com13 Jun 2022

Automobile manufacturers, new and old, as well as ancillary suppliers are set to spend a combined Rs 70,630 crore over the next five years on either entering the electric vehicle segment or stepping up their presence in it. Data culled from announcements made by firms shows India, the world's fifth largest automobile market, is poised to receive one of the biggest capex pushes ever to fuel the transition from internal combustion engines to electric motors and batteries as part of a green drive. The EV push, egged on by the government's emphasis on electric mobility to meet its net zero targets, is expected to yield at least 25 electric vehicles - new ones as well as electrified versions of existing vehicles running on internal combustion engines.

ED attaches Rs 31-cr worth land 'belonging' to Soren

ED attaches Rs 31-cr worth land 'belonging' to Soren

Rediff.com5 Apr 2024

The Enforcement Directorate (ED) has attached 8.86 acres of land in Ranchi allegedly owned by former Jharkhand chief minister Hemant Soren as part of a money laundering investigation against him and his associates, the federal agency said on Thursday.

Consumer durables may see double digit growth in 2022

Consumer durables may see double digit growth in 2022

Rediff.com21 Dec 2021

The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions. Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With the government's production linked incentive (PLI) scheme for white goods, which has witnessed a committed investment of Rs 4,614 crore, in place, many manufacturers are gearing up to make the most out of the opportunity as well as take steps towards reducing their dependency on imports and make products more affordable.

PC sales may cross 30 lakh units in FY04

PC sales may cross 30 lakh units in FY04

Rediff.com4 Dec 2003

Revising its earlier projection of 27 lakh units, Manufacturers Association of Information Technology on Thursday said personal computer sales during the current fiscal would cross 30 lakh units.

IEEMA seeks customs duty at 10 per cent

IEEMA seeks customs duty at 10 per cent

Rediff.com14 Mar 2012

Government should provide a level playing field to domestic manufacturers by making customs duty @ 10 per cent, CVD @ NIL and SAD @ 4 per cent on all categories of power projects including power generation, transmission and distribution projects in line with other infrastructure projects like roads, airports, ports, railways, transport terminals, bridges, tunnels and dams.

'Not letting you off the hook': SC asks Ramdev to issue public apology

'Not letting you off the hook': SC asks Ramdev to issue public apology

Rediff.com16 Apr 2024

The Supreme Court Tuesday granted one-week time to yoga guru Ramdev, his aide Balkrishna and Patanjali Ayurved to issue a public apology in the misleading advertisements case, but said it was not letting them 'off the hook' now.

Tata Motors applies for PLI benefits for Tiago electric car

Tata Motors applies for PLI benefits for Tiago electric car

Rediff.com27 Jul 2023

Tata Motors, the market leader in electric four-wheeler space, has sought incentives for its Tiago EV under the government's production-linked incentive (PLI) scheme, group chief financial officer P B Balaji said on Tuesday. The Mumbai-headquartered firm has applied for all variants of the Tiago, which recently hit a sales milestone of 10,000 units. "The Automotive Research Association of India certification is done.

Trinidad and Tobago woos Indian businessmen

Trinidad and Tobago woos Indian businessmen

Rediff.com2 Jul 2003

With the Free Trade Agreement of the Americas coming on stream soon, Trinidad and Tobago would be an ideal location for Indian businessmen, according to the country's manufacturing association.

'Incredibly enriching': Modi takes sortie on Tejas jet

'Incredibly enriching': Modi takes sortie on Tejas jet

Rediff.com25 Nov 2023

"The experience was incredibly enriching, significantly bolstering my confidence in our country's indigenous capabilities, and leaving me with a renewed sense of pride and optimism about our national potential," he said.

India-EFTA trade pact: How Swiss firms stand to gain

India-EFTA trade pact: How Swiss firms stand to gain

Rediff.com10 Mar 2024

Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.

India, EFTA sign $100-billion free trade pact

India, EFTA sign $100-billion free trade pact

Rediff.com10 Mar 2024

Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.

SC slams Ramdev, Balkrishna; rejects apology over Patanjali misleading ads

SC slams Ramdev, Balkrishna; rejects apology over Patanjali misleading ads

Rediff.com10 Apr 2024

Ramdev and Balkrishna have tendered an "unconditional and unqualified apology" before the apex court over advertisements issued by the firm making tall claims about the medicinal efficacy of its products.

Andhra Pradesh plans mega electronics manufacturing hub

Andhra Pradesh plans mega electronics manufacturing hub

Rediff.com11 Sep 2014

Andhra Pradesh Chief Minister N Chandrababu Naidu, who was instrumental in developing Hyderabad as a key information technology services destination in the country, is now embarking upon a mission to establish the state as an electronics manufacturing hub.

Garment makers begin two-day nationwide strike

Garment makers begin two-day nationwide strike

Rediff.com14 Mar 2011

Garment manufacturers on Monday began their two-day strike, closing down their factories across India demanding rollback of 10 per cent excise duty imposed on branded apparel in Budget 2011-12.

Has Apple's Roller-Coaster Ride In India Ended?

Has Apple's Roller-Coaster Ride In India Ended?

Rediff.com21 Apr 2023

The new mantra was to align Apple's ambition with the government's, focusing on Modi's favourite themes of Make in India, employment generation and India as a high-tech export hub.

Yoga guru Ramdev summoned by SC in contempt case over Patanjali ads

Yoga guru Ramdev summoned by SC in contempt case over Patanjali ads

Rediff.com19 Mar 2024

The bench also issued notice to Ramdev to show cause why contempt proceedings be not initiated against him.

Before You Invest ESG Funds, Read This

Before You Invest ESG Funds, Read This

Rediff.com19 Mar 2024

An allocation to ESG theme funds can bring down the overall risk of an equity portfolio. Investors with long-term financial goals, such as retirement, should not ignore sustainable investing.

'ITC aspires to double its business in five years'

'ITC aspires to double its business in five years'

Rediff.com21 Apr 2024

'While every year presents new challenges, it also provides opportunities for better growth and performance.'

Now, It's Shah Rukh Vs Sunny Deol

Now, It's Shah Rukh Vs Sunny Deol

Rediff.com17 Feb 2024

Of the top four companies, which collectively hold more than half of India's market share, two have pitted Shah Rukh Khan and Sunny Deol against each other.

Govt nod for 12 Su-30 MKI fighter jets among defence buys worth Rs 45K cr

Govt nod for 12 Su-30 MKI fighter jets among defence buys worth Rs 45K cr

Rediff.com15 Sep 2023

A total of nine procurement proposals were approved by the Defence Acquisition Council headed by Defence Minister Rajnath Singh, officials said.

Hooch Tragedy: Will TN Go Dry?

Hooch Tragedy: Will TN Go Dry?

Rediff.com21 Jun 2024

Ironically, rival Tamil Nadu governments expend the most on social welfare schemes, especially targeting women and youth and children, but that money comes only by selling more liquor. There is always the specious plea, which has been peddled very many times in the past, that without licensed liquor, drinkers would go after hooch and there could be more hooch tragedies and hooch deaths. No one is convinced, but no one can dispute it either, comments N Sathiya Moorthy.

How India enhanced its military might in 2023

How India enhanced its military might in 2023

Rediff.com31 Dec 2023

India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.