News for 'Manufacturers Association'

Private hospitals seek proper guidelines on vaccine procurement

Private hospitals seek proper guidelines on vaccine procurement

Rediff.com13 Jun 2021

Several private hospitals across the country said they have no clarity on procuring COVID-19 vaccines under the new policy announced by Prime Minister Narendra Modi and that it has led to the vaccination being put on hold at their centres.

Durable firms gearing up for Dussehra-Diwali business

Durable firms gearing up for Dussehra-Diwali business

Rediff.com14 Sep 2020

Categories such as washing machines, refrigerators and television sets have seen sales growth of around 8-10 per cent in August compared to last year, industry sources said, with September also reporting a similar growth trajectory.

5 healthy habits to change the world

5 healthy habits to change the world

Rediff.com12 Jan 2021

Ajit Gandhi explains how healthy habits adopted during the pandemic can help us lead a healthier and environment. friendly lifestyle.

New Tata Motors MD in few days

New Tata Motors MD in few days

Rediff.com27 Jan 2014

Slym, 51, died after falling from a high floor of the hotel in Yannawa district, Bangkok.

RIL may be lone bidder for JBF Petrochem

RIL may be lone bidder for JBF Petrochem

Rediff.com22 Aug 2022

Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. The lenders for the second time extended the deadline for submission of bids, which had ended on August 20, as several players, including public sector companies, were redrawing their acquisition plans, said people in the know. "There were several companies which had submitted their expressions of interest (EoIs) for the company but after due diligence decided to exit the race," said a source close to the development. "The new deadline for submitting financial offers is August-end," the source said.

Google slams CCI enquiry; says it's 'tainted'

Google slams CCI enquiry; says it's 'tainted'

Rediff.com4 Jan 2023

Google has termed as "tainted" the investigations done against it by CCI, contending that the two informants on whose complaint the fair trade regulator has initiated the enquiry were working at the same office that was investigating the tech major. This was "against the principles of natural justice", Google said in the petition filed before the National Company Law Appellate Tribunal (NCLAT), adding the Competition Commission of India (CCI) should have refrained from initiating an investigation based on a complaint filed by their own employees. "At the very least, the Commission could have debarred the Informants from working in the DG office while the investigation was ongoing, to ensure that the investigating officer was able to impartially assess the case without any influence, such that no concerns could arise on the independence of the investigation," said Google.

Govt ramps up Remdesivir production to 74 lakh vials

Govt ramps up Remdesivir production to 74 lakh vials

Rediff.com23 Apr 2021

The Union home ministry said several steps have been taken to augment the production and supply of Remdesivir injections from 38.80 lakh units per month to 74 lakh units per month by early next month, and asked the states to ensure its seamless supply and transport.

Factory output rises at quickest pace since Oct 2007

Factory output rises at quickest pace since Oct 2007

Rediff.com2 Nov 2020

Manufacturers indicated that the ongoing relaxation of COVID-19 restrictions, better market conditions and improved demand helped them to secure new work in October.

Services activity hits 11-year high in June

Services activity hits 11-year high in June

Rediff.com5 Jul 2022

India's services sector activities touched the highest mark since April 2011 amid ongoing improvements in demand conditions, even as cost pressures in the service economy remained stubbornly high, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 58.9 in May to 59.2 in June -- its highest mark since April 2011. For the eleventh straight month, the services sector witnessed an expansion in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

Bajirao Mastani: The Grandeur of Movie Manufactured History

Bajirao Mastani: The Grandeur of Movie Manufactured History

Rediff.com22 Dec 2015

Bajirao Mastani has the potential to do for Maratha 'history' what Mughal-e-Azam did for Mughal 'history', says Mohammad Asim Siddiqui.

Navy's new submarines will cost $1 bn each

Navy's new submarines will cost $1 bn each

Rediff.com28 Jul 2021

Building 6 conventional submarines is one of the Indian Navy's most important weapon construction programmes.

What made Ford pull the plug on its EV PLI?

What made Ford pull the plug on its EV PLI?

Rediff.com2 Jun 2022

Earlier in May, Ford India announced that it had dropped its plans to make electric vehicles (EVs) in India, which it intended to export, under the production-linked incentive scheme (PLI). Ford was among 20 companies that had signed a Champion OEM Incentive Scheme under the PLI project with the government in February this year. The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat. In September last year, the company had announced that it would exit the India market, which it had entered in 1995 through an on-again, off-again joint venture with Mahindra & Mahindra (they split in 1998, signed a JV in 2019 and split again in December 2020), retailing petrol and diesel brands such as the EcoSport, Figo, Aspire, and Endeavour.

How Ukraine war has put India's automakers in a fix

How Ukraine war has put India's automakers in a fix

Rediff.com29 Mar 2022

The sharp increase in commodity prices on account of the Russia-Ukraine war has put automakers in a fix. After the frequent price hikes in the current fiscal, manufacturers fear that any more price increases may further dent the already weak demand in certain segments. "We have taken several hikes and cannot immediately do it again. "We will have to closely watch the situation and act accordingly," said an official at an auto firm, declining to be identified. Even for companies like Tata Motors Passenger Vehicles, which has had a strong volume run and a robust order book, passing on the entire costs has been tough.

How India can avoid being crippled by chip shortages

How India can avoid being crippled by chip shortages

Rediff.com19 Jul 2021

Tata Motors recently cut the sales forecast of its luxury car brand, JLR, due to chip shortages, scaling down its production numbers from the earlier 120,000 units to 60,000-65,000 units by September, and leading to an almost 10 per cent fall in the company's stock. In May this year, Bosch India, too, had stated that chip shortfalls would impact its production, as supply chains were getting disrupted.

Why Shibani Is Crazy About Sneakers

Why Shibani Is Crazy About Sneakers

Rediff.com23 Mar 2022

How Shibani Bhagat plans to rewrite the rules of the Indian sneaker business.

Services sector activity slips in Jan; biz confidence hits 6-month low

Services sector activity slips in Jan; biz confidence hits 6-month low

Rediff.com3 Feb 2022

India's services sector activity moderated further in January as new business rose at a noticeably slower rate amid the escalation of the pandemic, reintroduction of restrictions and inflationary pressures, a monthly survey said on Thursday. The seasonally adjusted India Services Business Activity Index fell to 51.5 in January, down from 55.5 in December, pointing to the slowest rate of expansion in the current six-month sequence of growth. For the sixth straight month, the services sector witnessed an expansion in output.

Sisodia says Assam CM gave PPE kits contracts to kin; Sarma denies

Sisodia says Assam CM gave PPE kits contracts to kin; Sarma denies

Rediff.com4 Jun 2022

Sisodia claimed that while the Assam government procured PPE kits for Rs 600 a piece from other companies, Sarma gave urgent supply orders to the firms of his wife and son's business partners for Rs 990 a piece "taking advantage of the COVID-19 emergency".

India's services sector activity hits 3-month low in Dec

India's services sector activity hits 3-month low in Dec

Rediff.com5 Jan 2022

India's services sector activity moderated in December as business activity and sales rose at a softer pace, while price pressures and the possibility of new waves of Covid-19 affected business sentiment, a monthly survey said on Wednesday. The seasonally adjusted India Services Business Activity Index fell from 58.1 in November to a three-month low of 55.5 in December. The rates of expansion moderated but were nevertheless "marked" by historical standards, the survey said.

Services sector expands at fastest pace in 10.5 years in Oct

Services sector expands at fastest pace in 10.5 years in Oct

Rediff.com3 Nov 2021

India's services sector activity expanded at the strongest pace in ten-and-a-half years in October, driven by a substantial upturn in business activity amid favourable demand conditions, a monthly survey said on Wednesday. Companies indicated that a notable pick-up in new business led to the fastest expansion in output in over a decade and as a result more jobs were created, even though business confidence remained subdued due to growing inflationary concerns. The seasonally adjusted India Services Business Activity Index rose from 55.2 in September to 58.4 in October, signalling the strongest rate of growth in ten-and-a-half years.

AWS upbeat on India market, sees massive headroom for growth in cloud adoption

AWS upbeat on India market, sees massive headroom for growth in cloud adoption

Rediff.com29 Nov 2022

Within days of announcing mega investments for building in Hyderabad its second data centre cluster in India, Amazon Web Services (AWS) on Monday said it is excited about the India market, where cloud adoption offers massive headroom for growth. Pledging its long-term commitment to the India market, AWS, Amazon's cloud computing unit, said it expects global uncertainties to accelerate the decisions by companies to opt for flexible, on-demand cloud infrastructure to pare costs, gain efficiencies and drive business innovation. "Cloud reacts well to uncertainty," Puneet Chandok, president - commercial business, AWS India and South Asia, Amazon Internet Services Pvt Ltd (AISPL) told PTI.

Trade pact with Israel 'only when we get a good deal', says Goyal

Trade pact with Israel 'only when we get a good deal', says Goyal

Rediff.com7 Sep 2022

The proposed India-Israel trade pact should be beneficial to both nations and until New Delhi gets a good deal, it would not do an agreement, Commerce and Industry Minister Piyush Goyal said. India and Israel are negotiating a free trade agreement (FTA) since May 2010. "With Israel, until we get a good deal, we will not do an FTA. It has to be reciprocally beneficial," the minister said in San Francisco on Tuesday while interacting with the Indian community.

IT cos' revenue growth to slide sharply in FY23

IT cos' revenue growth to slide sharply in FY23

Rediff.com7 Jul 2022

The information technology services sector will see a sharp fall in revenue growth to 12-13 per cent in FY23 from 19 per cent in FY22, ratings agency Crisil said on Thursday. However, the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will help the over $220-billion sector maintain a double digit growth, it said in a report. The moderation from 19 per cent to 12-13 per cent will be the highest in the last eight years, it said and attributed the decline to expected tightening of IT expenditure by corporates amid the inflationary headwinds in the United States and European Union (EU), which together contribute almost 85 per cent to the sector's revenue.

Govt to invest Rs 8.5 lakh crore in railways

Govt to invest Rs 8.5 lakh crore in railways

Rediff.com3 Sep 2015

This is part of the government's move to improve infrastructure.

'I will fight the Gandhi way'

'I will fight the Gandhi way'

Rediff.com6 Apr 2023

'I cannot afford to go to court. I cannot afford to lose a case. I will fight the Gandhi way -- peacefully, non-violently, and with determination,' Purshottam Chauhan, a resident of the Sabarmati Ashram, tells Rosamma Thomas. Around him, the homes of former neighbours are rubble. About 300 Dalit families resided within the premises of the Sabarmati Ashram till 2021. Only about 40 now remain.

Personal info of Akasa Air's passengers leaked, airline informs CERT-In

Personal info of Akasa Air's passengers leaked, airline informs CERT-In

Rediff.com29 Aug 2022

Personal information such as name, gender, email address and phone numbers of some Akasa Air passengers has been leaked to "unauthorised individuals", the airline stated on Sunday. India's newest carrier said it self-reported this incident to Indian Computer Emergency Response Team CERT-In, which is the government-authorised nodal agency tasked to deal with matters of this nature. However, Akasa Air asserted that there was no "intentional hacking attempt, but that the situation was reported by a research expert through a journalist for which we are grateful".

FM defends GST hike on essentials

FM defends GST hike on essentials

Rediff.com20 Jul 2022

Union Finance Minister Nirmala Sitharaman on Tuesday said the mass consumption items such as pulses, wheat, rice, flour, and curd will not attract the 5 per cent goods and services tax (GST) when sold loose, and not pre-packed or pre-labelled. The clarification came amid protests and widespread criticism by Opposition Members of Parliament over foisting GST on daily-use essentials and subsequent price rise. The all-powerful GST Council, chaired by the Union minister, had last month decided to impose GST on some mass consumption items to simplify the rate structure, which came into effect on Monday.

US judge blocks Trump's H-1B visa ban

US judge blocks Trump's H-1B visa ban

Rediff.com2 Oct 2020

In a major relief to thousands of Indian IT professionals, a federal judge in the US on Thursday blocked the enforcement of a temporary visa ban by the Trump administration on a large number of work permits, including the most sought after H-1B visas, ruling that the president exceeded his constitutional authority.

Services sector activity expands at strongest rate in over 11 years

Services sector activity expands at strongest rate in over 11 years

Rediff.com3 Jun 2022

India's services sector activities improved further and expanded at strongest rate in over 11 years in May, supported by a substantial pick-up in new business growth, even as input cost inflation climbed to a record high, a monthly survey said on Friday. The seasonally adjusted S&P Global India Services PMI Business Activity Index jumped to 58.9 in May, up from 57.9 in April, amid better underlying demand and strong inflows of new work. For the tenth straight month, the services sector witnessed an expansion in output.

Omicron impact: Two-wheeler sales take a severe knocking

Omicron impact: Two-wheeler sales take a severe knocking

Rediff.com26 Jan 2022

After a very weak December quarter and a poor year-to-date fiscal year volumes-when sales plunged to the lowest in nine years, the signs in the first 15 days of January haven't been encouraging either. "Though the severity of the current wave is not as high as the previous one, it has hit the sentiments hard impacting conversion of enquiries into sales," said Vinkesh Gulati, president, Federation of Automobile Dealers Association (FADA).

India's 10 best selling cars in June

India's 10 best selling cars in June

Rediff.com18 Jul 2016

Maruti Suzuki India continued its grip in the passenger vehicles market in India with five of its models in the top ten best selling models in June.

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