News for 'PLI'

South African player's inspirational comeback story

South African player's inspirational comeback story

Rediff.com1 Jan 2024

David Bedingham said it is a dream to score a hundred in front of friends and family as he owes them a lot.

As air quality worsens, Delhi implements more curbs

As air quality worsens, Delhi implements more curbs

Rediff.com3 Nov 2022

Acentral panel directed authorities to ban the plying of 4-wheeled diesel LMVs in Delhi and adjoining NCR districts and the entry of trucks into the capital.

Tatas to be India's first homegrown iPhone maker

Tatas to be India's first homegrown iPhone maker

Rediff.com27 Oct 2023

Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.

Tata group may acquire Wistron's $600-mn iPhone factory by August

Tata group may acquire Wistron's $600-mn iPhone factory by August

Rediff.com12 Jul 2023

The Tata group is close to acquiring Wistron's $600-million factory in southern Karnataka by next month, according to reports. The Wistron unit makes iPhones for the Cupertino-based company. Sources said that Wistron will continue to provide the Tatas technical know-how on assembling the phone and keep back some personnel during the transition process.

4th Test PIX: Bashir leaves India in a mess on Day 2

4th Test PIX: Bashir leaves India in a mess on Day 2

Rediff.com24 Feb 2024

Images from Day 2 of the fourth Test between India and England in Rajkot on Saturday, February 24.

'RBI should pause rate hikes'

'RBI should pause rate hikes'

Rediff.com27 Mar 2023

'It will send a very strong signal that it is now our time to grow.'

Stringent traffic curbs kick in as Delhi welcomes G20 leaders

Stringent traffic curbs kick in as Delhi welcomes G20 leaders

Rediff.com8 Sep 2023

Police have advised people to use the navigation app 'Mapmyindia' to get around the city till the restrictions are in place.

SEE: Face of Ram Lalla idol at Ayodhya temple revealed

SEE: Face of Ram Lalla idol at Ayodhya temple revealed

Rediff.com19 Jan 2024

The new idol of Lord Ram was placed in the sanctum sanctorum of Ayodhya's Ram Janmabhoomi temple on Thursday afternoon, ahead of the January 22 consecration ceremony.

Q3 result preview: US, India to aid revenue growth for Pharma Inc

Q3 result preview: US, India to aid revenue growth for Pharma Inc

Rediff.com30 Jan 2024

The pharmaceuticals sector is expected to post a revenue growth of around 13.5 per cent and a net profit growth of 30.3 per cent for the third quarter of 2023-24 (FY24), riding on the approval for niche drugs in the US market, fall in raw material prices and correction in shipping rates. In the healthcare segment, hospitals are expected to post revenue growth of 13 per cent during the coverage, while net profit growth would be around 37 per cent, ICICI Securities said in a note. However, the performance may not be comparable on a sequential basis due to the offset of the festive season in Q3FY24, the analysts noted.

SC stays laying of paver blocks on roads in Matheran hill station

SC stays laying of paver blocks on roads in Matheran hill station

Rediff.com27 Feb 2023

The top court observed that even in reserve forests, there are no concrete roads and the safari vehicles ply on forest roads.

2 BJP workers among 18 held for attack on Meghalaya CM's office

2 BJP workers among 18 held for attack on Meghalaya CM's office

Rediff.com25 Jul 2023

The attack, resulting in arson and vandalism, took place when Chief Minister Conrad K Sangma was holding a meeting with leaders of Achik Conscious Holistically Integrated Krima (ACHIK) and Garo Hills State Movement Committee (GHSMC), who were fasting to press for their demand to make Tura the winter capital of the northeastern state. The CM, who was inside the building, was not injured in the violence.

Two Cheers! India Is In A Good Place

Two Cheers! India Is In A Good Place

Rediff.com2 Jan 2024

While India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, notes T N Ninan.

Learn Tamil From Rahane!

Learn Tamil From Rahane!

Rediff.com23 Mar 2023

In a clip shared by CSK, Rahane was seen showing us not his cricketing skills which we have been familiar with for years, but his new found familiarity with the Tamizh/Tamil language.

Implementation of import curbs on laptops deferred to Oct 31

Implementation of import curbs on laptops deferred to Oct 31

Rediff.com5 Aug 2023

The government on Friday deferred the implementation of the import restriction order on laptops and computers (including tablet computers) by about three months till October 31, a move that gives more time to electronic companies to import these devices without a licence. Nw, these companies would need to take a licence from the government to import these devices from November 1. On August 3, the government put the import of these devices under a licence regime with immediate effect.

ITC's stock rally has more legs; analysts remain positive

ITC's stock rally has more legs; analysts remain positive

Rediff.com27 May 2023

ITC's results for the January-March quarter (Q4) were strong, with robust growth in the fast-moving consumer goods (FMCG) segment and a good performance in hospitality. The tobacco division's performance was on expected lines, with double-digit volume growth, helped by reclaiming of market share from the smuggled trade. There was 60 per cent growth in non-cigarette earnings before interest and tax (Ebit), despite a relatively weak performance in paperboards.

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.

6 dead as school bus driving on wrong side of road rams SUV

6 dead as school bus driving on wrong side of road rams SUV

Rediff.com11 Jul 2023

The bus had gone to Delhi and was plying on the wrong side of the expressway after refilling CNG near Ghazipur border.

17 years later, where Mumbai's 7/11 train blasts case stands

17 years later, where Mumbai's 7/11 train blasts case stands

Rediff.com11 Jul 2023

Seventeen years since a string of powerful bombs ripped through Mumbai's commuter trains system in the evening rush hour on July 11, the Bombay high court is yet to commence hearing on the confirmation of the death penalty given to five convicts in the case.

Player of the Year: Chhangte, Manisha bag top awards

Player of the Year: Chhangte, Manisha bag top awards

Rediff.com4 Jul 2023

Lallianzuala Chhangte was named the AIFF Men's Footballer of the Year, on the back of his impressive performance in the Indian Super League (ISL) and for the national team.

Karnataka bandh: 44 flights cancelled; train, bus services hit

Karnataka bandh: 44 flights cancelled; train, bus services hit

Rediff.com29 Sep 2023

As many as 44 flights to and from the Kempegowda International Airport in Bengaluru were cancelled owing to the Karnataka bandh over the Cauvery water sharing issue with Tamil Nadu, airport authorities said.

Wistron Deal: Tata Gets Global Reach, Apple Gets to Hedge Geopolitical Bets

Wistron Deal: Tata Gets Global Reach, Apple Gets to Hedge Geopolitical Bets

Rediff.com14 Nov 2023

The government's target of hitting $52 billion to $58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help.

Shaw set for English county stint after Duleep Trophy

Shaw set for English county stint after Duleep Trophy

Rediff.com1 Jul 2023

Prithvi Shaw will be plying his trade for English county side Northamptonshire after finishing his Duleep Trophy engagements later this month.

Kuldeep Yadav's rise and Yuzvendra Chahal's fall

Kuldeep Yadav's rise and Yuzvendra Chahal's fall

Rediff.com10 Jan 2024

Tahir felt left-arm wrist spinner Kuldeep was able to grab the opportunities that came along his way.

Sectors & stocks analysts are betting on post the state poll outcome

Sectors & stocks analysts are betting on post the state poll outcome

Rediff.com13 Dec 2023

The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.

Govt tweaks licensing norms for laptop, computer imports

Govt tweaks licensing norms for laptop, computer imports

Rediff.com19 Oct 2023

The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.

'We prefer stocks likely to gain from strong domestic growth potential'

'We prefer stocks likely to gain from strong domestic growth potential'

Rediff.com26 Dec 2023

'We like certain stocks from banking, insurance, retail, hospitals and capital goods.' 'Though some of these stocks may seem expensive, they will compound well over the long term, thus justifying their current multiples.'

Lack of valuation comfort may enhance gains in capital goods sector

Lack of valuation comfort may enhance gains in capital goods sector

Rediff.com12 Dec 2023

Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.

'Foxconn chief is backing Modi's Make-in-India'

'Foxconn chief is backing Modi's Make-in-India'

Rediff.com7 Sep 2023

India will be an important country in terms of manufacturing in future, Young Liu, chairman and CEO of Hon Hai Technology Group (Foxconn) has said, his latest comment adding to a growing chorus of global voices acknowledging the country's bold moves to position itself as electronics and hi-tech production powerhouse. In an interaction with reporters in Taipei, the top honcho of the Taiwanese electronics manufacturing giant said the development of the entire ecosystem and industrial chain, and opportunities for development in India are "very, very huge opportunities". "If there is no big change, India will be a very important country in terms of manufacturing in the future," Liu said.

Rayudu declares IPL final as his last game

Rayudu declares IPL final as his last game

Rediff.com28 May 2023

Ambati Rayudu announces retirement from IPL

Aurobindo Pharma: Strong prospects offset by valuation concerns

Aurobindo Pharma: Strong prospects offset by valuation concerns

Rediff.com2 Nov 2023

Since the start of this financial year (FY24), the stock of Aurobindo Pharma has been one of the top pharma gainers, enhancing investor wealth by over 68 per cent, with a third of those gains coming in the last three months. The stock is riding on multiple triggers given its investments in the production-linked incentive or PLI scheme, biosimilars, injectables and vaccines, which should drive revenues and profits over the medium term. Better than expected performance after the June quarter results led to a revision of earnings estimates for FY24 and FY25.

Rahane to play for Leicestershire after West Indies tour

Rahane to play for Leicestershire after West Indies tour

Rediff.com18 Jun 2023

Ajinkya Rahane will be plying his trade for the English county side Leicestershire in Division 2, after the two-Test series against the West Indies next month.

PC shipments fell by 30% in Q1, notebooks fared the worst

PC shipments fell by 30% in Q1, notebooks fared the worst

Rediff.com24 May 2023

The India personal computer (PC) market shipment, inclusive of desktops, notebooks, and workstations, dropped by an overall 30.1 per cent in the first quarter of CY2023 over the previous year, to only 2.99 million units, according to the latest data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker released on Tuesday. In Q1CY23, while the demand for desktops was positive, the notebook category witnessed another weak quarter as it declined by 40.8 per cent year-on-year (y-o-y). The consumer segment declined by 36.1 per cent y-o-y primarily due to slowing demand and weak market sentiment.

India will lead the world on 6G: Modi

India will lead the world on 6G: Modi

Rediff.com27 Oct 2023

Prime Minister Narendra Modi, speaking at the India Mobile Congress in New Delhi on Friday reeled out statistics to show how India has turned into an exporter of mobile phones from being an importer and how big tech companies -- from Apple to Google -- are lining up to become manufacturers in the country. He said after the fastest rollout of 5G mobile telephony services, India will lead the world on 6G. Recalling the launch of 5G technology in the country on October 1, 2022, he remarked that within a year there are about 5 lakh 5G base stations across the country.

Adani plans to build 10 GW solar manufacturing capacity by 2027

Adani plans to build 10 GW solar manufacturing capacity by 2027

Rediff.com2 Oct 2023

Billionaire Gautam Adani's group is planning to build 10 GW of integrated solar manufacturing capacity by 2027, as it looks to capture energy transition business, sources close to the company said. Adani Group currently has a solar manufacturing capacity of 4 GW. Adani Solar has a confirmed order book of over 3,000 MW in exports that are to be serviced over the next 15 months, they said, adding Adani, recently, raised $394 million for solar manufacturing from Barclays PLC and Deutsche Banks AG through a trade finance facility.

7.22 lakh out of 22.05 crore applicants got govt jobs between 2014-22: Centre

7.22 lakh out of 22.05 crore applicants got govt jobs between 2014-22: Centre

Rediff.com27 Jul 2022

A total of 22.05 crore applications were received during the period.

'Ashwin should keep his game simple'

'Ashwin should keep his game simple'

Rediff.com7 Oct 2023

The 41-year-old Panesar also marked Shubman Gill to have a breakout tournament.

Bombay HC cuts firecracker bursting time to 2 hours. from 8-10 pm

Bombay HC cuts firecracker bursting time to 2 hours. from 8-10 pm

Rediff.com10 Nov 2023

During a hearing on Friday, the bench noted that Mumbai was witnessing a decline in the bursting of firecrackers.

Delhi reopens schools, ends WFH as pollution eases

Delhi reopens schools, ends WFH as pollution eases

Rediff.com7 Nov 2022

As the air pollution in Delhi-NCR ameliorated over the last two days, the Centre's air quality panel Sunday directed authorities to lift the ban on plying of non-BS VI diesel light motor vehicles in the region and the entry of trucks into the capital imposed under the final stage of the Graded Response Action Plan.

Can Isha Do What Her Dad Did With Jio?

Can Isha Do What Her Dad Did With Jio?

Rediff.com12 Aug 2023

Isha's stab at the bottom of the laptop pyramid shows she is a true Ambani.

Antim's goal: To outdo Vinesh Phogat's wrestling feats

Antim's goal: To outdo Vinesh Phogat's wrestling feats

Rediff.com24 Aug 2023

Panghal defended her 53kg crown at the U20 World Championships in Amman, Jordan.