News for 'Ministry of Industry and Information Technology'

India, Russia sign Rs 2,600 cr deal for anti-tank ammo

India, Russia sign Rs 2,600 cr deal for anti-tank ammo

Rediff.com31 Mar 2014

India has signed a deal worth over Rs 2,600 crore with Russia to procure 66,000 anti-tank shells to meet the shortfall of critical ammunition faced by its armoured fleet, including the latest T-90 tanks.

Proposals worth Rs 5,000 cr stuck in bureaucratic indecisiveness

Proposals worth Rs 5,000 cr stuck in bureaucratic indecisiveness

Rediff.com2 Jul 2013

Estimates suggest subsidy outgo on these proposals would be at least Rs 1,000 crore

Consumer is king, why can't Uber and Ola give discounts, asks Delhi HC

Consumer is king, why can't Uber and Ola give discounts, asks Delhi HC

Rediff.com30 Aug 2016

"This court cannot say that less charges should not be levied by them. After all, the consumers should be benefited. Court cannot exercise this power," it said.

IBC: The CURIOUS Case of Videocon

IBC: The CURIOUS Case of Videocon

Rediff.com6 Aug 2021

Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.

Why Chinese firms are under govt lens

Why Chinese firms are under govt lens

Rediff.com10 Jan 2019

The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.

The 'C' word India needs (and it's not cashless)

The 'C' word India needs (and it's not cashless)

Rediff.com13 Jan 2017

Cashless transactions need ubiquitous connectivity, which we don't have. And connectivity needs political and administrative convergence, says Shyam Ponappa.

Govt puts cyber policy in place, invites pvt players

Govt puts cyber policy in place, invites pvt players

Rediff.com2 Jul 2013

The policy proposes a contingency plan to handle cyber attacks on vital installations and critical infrastructure.

The Rafale Deal: The Real Loss to India

The Rafale Deal: The Real Loss to India

Rediff.com22 Nov 2018

'The greatest loss from replacing the 126 Rafale proposal with the 2016 contract for 36 Rafales might not be the extra money paid, but the opportunity that India's aerospace industry lost of obtaining access to critical aviation technologies and manufacturing skills.'

What Telecom Man reveals about India's business-politics links

What Telecom Man reveals about India's business-politics links

Rediff.com16 May 2020

'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.

7 reasons why women make better entrepreneurs

7 reasons why women make better entrepreneurs

Rediff.com26 Jun 2019

Women entrepreneurs view the world through different lenses, hence, execute things differently, says Mohana Nair.

Now, quote PAN if e-wallet spend exceeds Rs 50k a year

Now, quote PAN if e-wallet spend exceeds Rs 50k a year

Rediff.com25 Dec 2015

But mobile wallet companies say many consumers are not ready to give out their PAN

Fall in exports arrested, looking at slow and steady growth: Minister

Fall in exports arrested, looking at slow and steady growth: Minister

Rediff.com10 Oct 2016

"At the moment, the fall is arrested (and it) is very clear. The growth is happening. We will only be looking at the steady growth. It may be slow but steady," Commerce Minister Nirmala Sitharaman told reporters in New Delhi.

India must have a future in Electronics

India must have a future in Electronics

Rediff.com19 Jul 2019

'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.

3 Indian pharma firms named in US Congress price probe

3 Indian pharma firms named in US Congress price probe

Rediff.com9 Oct 2014

Details on prices sought as 10 generic drugs become up to 83 times costlier in 6 months

Modi govt set to allow extension of business visa for up to 15 years

Modi govt set to allow extension of business visa for up to 15 years

Rediff.com4 Dec 2018

Emphasising that India has the potential to become a global hub for education and tourism, Union home secretary Rajiv Gauba called for a change in the mindset at the field level to make foreigners feel welcome.

India scurries to plug Scorpene leak

India scurries to plug Scorpene leak

Rediff.com25 Aug 2016

Defence Minister Manohar Parrikar immediately ordered the navy chief to personally inquire into what this meant for India's maritime security.

Will sign Rs 60k crore of defence contracts in 6 months: Parrikar

Will sign Rs 60k crore of defence contracts in 6 months: Parrikar

Rediff.com12 Oct 2016

"Over the next six months, I hope to sign another Rs 50,000-60,000 crore worth of contracts, taking the total to Rs 3 trillion," the minister told reporters on the sidelines of an industry exhibition on technology and material sciences in Navi Mumbai, Maharashtra.

'Sebi has given go ahead for RailTel IPO'

'Sebi has given go ahead for RailTel IPO'

Rediff.com30 Nov 2020

'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'

Three issues for Modi and Xi to consider

Three issues for Modi and Xi to consider

Rediff.com10 Oct 2019

'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei

GST roll-out may be delayed, admits FinMin

GST roll-out may be delayed, admits FinMin

Rediff.com16 Aug 2016

A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment

Stay tuned to Moscow!

Stay tuned to Moscow!

Rediff.com1 Sep 2015

India must develop structured multilateralism to its defence buys

Murphy's law at work in India

Murphy's law at work in India

Rediff.com29 Jul 2013

Last year this time, India was grappling with an imminent sovereign downgrade, with an uncontrolled fiscal deficit, policy paralysis of the highest order with no economic reforms for eight long years and a weakening rupee.

Sensex rebounds 190 points to end at 23,382

Sensex rebounds 190 points to end at 23,382

Rediff.com17 Feb 2016

The S&P BSE Sensex ended 190 points up at 23,382.

Coal-gate: CBI questions key PM aide TKA Nair

Coal-gate: CBI questions key PM aide TKA Nair

Rediff.com22 Mar 2014

The Central Bureau of Investigation has questioned T K A Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included granting of a block to Hindalco at Talabira despite it being rejected by a screening committee of the coal ministry.

What the Internet holds for India in 2018

What the Internet holds for India in 2018

Rediff.com1 Jan 2018

Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.

Why India needs the Akash missile

Why India needs the Akash missile

Rediff.com8 Sep 2017

Ordering more Akash systems is essential for the Indian defence industry.

New Postal Act could deal blow to $2-bn courier sector

New Postal Act could deal blow to $2-bn courier sector

Rediff.com25 Sep 2013

It will escalate costs, mandate regulator to check malpractices, set standards.

How India can rival China in electronics manufacturing

How India can rival China in electronics manufacturing

Rediff.com3 Oct 2019

'We have the geographic advantage, demographic advantage, we have the necessary technical skills.' 'We just have to get all of these together. Then, we can very well compete.'

Why some Indian cities won't get smart!

Why some Indian cities won't get smart!

Rediff.com31 Aug 2015

The Centre will grant Rs 500 crore for each of the smart cities.

Greece impact: India Inc stares at weakening euro

Greece impact: India Inc stares at weakening euro

Rediff.com30 Jun 2015

Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.

How dangerous is plastic packaging?

How dangerous is plastic packaging?

Rediff.com7 Jun 2016

After recognising its adverse health effects, the govt has now dismissed its own lab reports to conclude that the evidence against plastic is insufficient.

LAC Stand-Off: How India will counter PLA's tanks

LAC Stand-Off: How India will counter PLA's tanks

Rediff.com10 Aug 2020

DRDO plans to build a tank for use in the mountains and in the jungles.

Govt revises FDI norms to shield firms from takeover

Govt revises FDI norms to shield firms from takeover

Rediff.com18 Apr 2020

The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.

Aadhaar may have a lethal impact on the existence of India

Aadhaar may have a lethal impact on the existence of India

Rediff.com5 Oct 2015

'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.

'Make in India will have to be worked on'

'Make in India will have to be worked on'

Rediff.com17 May 2017

In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.

Full text: What Modi, Obama agreed on

Full text: What Modi, Obama agreed on

Rediff.com25 Jan 2015

This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.

Energy, health care sectors gain from Modi's UK visit

Energy, health care sectors gain from Modi's UK visit

Rediff.com15 Nov 2015

Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.

How diplomacy works in the digital era

How diplomacy works in the digital era

Rediff.com22 Sep 2017

'The digital age has forced diplomats to be less formal and more accessible, reaching out to ordinary people both within and outside their countries, combining statecraft with streetcraft,' says former foreign secretary Ambassador Shyam Saran.

All about the mystery of job creation

All about the mystery of job creation

Rediff.com19 Jul 2016

The processes that create a seven per cent-plus GDP growth rate without a similar growth in jobs are far from fully understood, says Ajit Balakrishnan.

Will the Supreme Court declare the Aadhaar Act a black law?

Will the Supreme Court declare the Aadhaar Act a black law?

Rediff.com11 Jun 2018

Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.