News for 'PLI'

Incessant rains in Mumbai flood low-lying areas

Incessant rains in Mumbai flood low-lying areas

Rediff.com13 Jul 2022

Incessant showers lashed Mumbai and its neighbouring areas on Wednesday morning, leading to flooding in many low-lying areas and traffic snarls on roads, officials said.

Bank staff unions, IBA agree on 15% pay hike

Bank staff unions, IBA agree on 15% pay hike

Rediff.com23 Jul 2020

As many as 8.5 lakh bank employees are set to benefit from the wage hike, which will be effective from November 2017.

NIA seeks death penalty for Yasin Malik

NIA seeks death penalty for Yasin Malik

Rediff.com25 May 2022

The National Investigation Agency on Wednesday sought the death penalty for convicted Kashmiri separatist leader Yasin Malik, who had earlier pleaded guilty of all charges, including those under the Unlawful Activities (Prevention) Act, in a terror funding case, court sources said.

Soon Tata Motors, Mahindra cars will ply on foreign roads

Soon Tata Motors, Mahindra cars will ply on foreign roads

Rediff.com6 Jan 2014

Don't be surprised if you see cars from the two manufacturer in a foreign land. The carmakers are supplying their vehicle in over 11 countries.

EV makers seek extension of FAME II subsidies in Budget

EV makers seek extension of FAME II subsidies in Budget

Rediff.com21 Jan 2023

as the FAME II deadline of March 31, 2024, nears, EV manufacturers are worried about their investments and future plans.

Ex-Arsenal boss Wenger to help develop Indian football

Ex-Arsenal boss Wenger to help develop Indian football

Rediff.com7 Jan 2023

Former Arsenal manager and world governing body FIFA's current chief of global football development, Arsene Wenger will play a role in Indian football's grassroots programmes and talent development.

Sensex drops 191 pts; Nifty ends near 17,000 level

Sensex drops 191 pts; Nifty ends near 17,000 level

Rediff.com24 Dec 2021

NTPC was the top loser in the Sensex pack, shedding around 3 per cent, followed by M&M, Axis Bank, PowerGrid, Kotak Bank, Dr Reddy's, Bajaj Finserv and HDFC.

Chip shortage forced firms to curtail production: Survey

Chip shortage forced firms to curtail production: Survey

Rediff.com31 Jan 2022

According to the survey report, the government's move to earmark Rs 76,000 crore outlay for semiconductors and display manufacturing segment will aid their production in the country. The survey said that government intervention to boost semiconductors and display manufacturing ecosystem in the country has come at a time when the global economy is facing acute shortage of semiconductors due to severe disruptions in supply chains.

Govt expects 5G rollout in early Oct: Vaishnaw

Govt expects 5G rollout in early Oct: Vaishnaw

Rediff.com30 Jul 2022

The government expects the rollout of 5G services to start from early October in the country, Union minister Ashwini Vaishnaw said on Saturday. "As soon as the spectrum auction ends, within a few days itself, we will allocate the spectrum. "We expect that the 5G roll-out will happen from the beginning of October and within a year or so, we should have a good rollout in the country," the Union Minister for Communications, Electronics and Information Technology Ashwini Vaishnaw told reporters in New Delhi.

Govt issues guidelines for monkeypox patients, here are the details

Govt issues guidelines for monkeypox patients, here are the details

Rediff.com27 Jul 2022

One has to stay in isolation for 21 days from the last contact with a monkeypox patient or their contaminated materials, they said.

Curfew to remain in force in violence-hit Khargone on Eid, Akshaya Tritiya

Curfew to remain in force in violence-hit Khargone on Eid, Akshaya Tritiya

Rediff.com1 May 2022

People can make purchases for the festivals on Sunday, when the curfew has been relaxed from 8 am to 5 pm, they said.

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.

Over 7 mn users download Tata Neu app within seven weeks of launch

Over 7 mn users download Tata Neu app within seven weeks of launch

Rediff.com13 Jul 2022

Tata Neu, the super app from the Tata group, has been downloaded by over 7 million users within seven weeks of its launch. And, the company wants to ramp this up to 150 million users in the next two years, said senior executives of Tata Digital in an internal magazine of the Tata group. According to data from App Annie, a mobile app tracking platform, the Tata Neu app has been downloaded by over 11 million users.

India has no intention of capturing land of other nations: Rajnath

India has no intention of capturing land of other nations: Rajnath

Rediff.com17 Dec 2022

The defence minister also took an indirect dig at Gandhi for "doubting" the government's intention in the handling of the border row with China and said politics can not be done on the basis of "falsehood".

Awhad resigns to protest false charges after police books him for molestation

Awhad resigns to protest false charges after police books him for molestation

Rediff.com15 Nov 2022

Nationalist Congress Party legislator and former Maharashtra minister Jitendra Awhad on Monday said he has decided to resign as member of the legislative assembly over "fake" cases registered against him by the police.

'Growth will definitely be less than 8%'

'Growth will definitely be less than 8%'

Rediff.com23 May 2022

'There will be positive growth, but if you ask me whether we are going to have the original growth rate of 8%, the answer will be, no.'

Air quality in Delhi remains 'severe'

Air quality in Delhi remains 'severe'

Rediff.com13 Nov 2021

Authorities on Friday had advised people to limit outdoor activities and told government and private offices to cut vehicle use by at least 30 per cent as air quality in Delhi-NCR inched towards the emergency level amid a rise in emissions from farm fires and unfavourable meteorological conditions.

Efforts on to form non-BJP front at national level: Pawar

Efforts on to form non-BJP front at national level: Pawar

Rediff.com29 Aug 2022

Speaking to reporters in Thane, Pawar accused the Narendra Modi government of failing to fulfil any of the promises made by it since 2014 including bringing 'acche din, connecting villages through the internet, and providing toilets, water, and power to every household'.

SC asks Centre, states to take steps to curb air pollution

SC asks Centre, states to take steps to curb air pollution

Rediff.com18 Nov 2021

The Supreme Court Wednesday directed the Centre and states to ensure implementation of the decisions taken in a meeting to curb air pollution, observing that it cannot get into the 'nitty gritty' and the bureaucracy has developed a 'sort of inertia' of not taking decisions which are left to the courts.

Engineering, telecom, healthcare to add 12 mn jobs by FY26

Engineering, telecom, healthcare to add 12 mn jobs by FY26

Rediff.com27 Mar 2022

Engineering, telecom and healthcare sectors are likely to add close to 12 million new jobs by FY26, largely due to the focus on recovery along with technology proliferation and digitisation in these segments, according to a report. A report by TeamLease Digital, the staffing division of TeamLease Services, said specialised staff or professional staff with high-skill and expertise will form nearly 17 per cent of the overall jobs created. The report -- titled 'Professional Staffing - Digital Employment Trends Report' -- is a qualitative research that has surveyed and interviewed more than 750 employers/ leaders from across engineering, telecom and healthcare sectors.

Russian crude will keep flowing into India at least till Dec

Russian crude will keep flowing into India at least till Dec

Rediff.com14 Dec 2022

India will need to travel back in time and seek inspiration from football greats Tulsidas Balaram and Chuni Goswami to deftly dribble around and sidestep the West-imposed price cap on exports of Russian seaborne crude oil. India depends on imported oil to meet 86 per cent of its needs, of which nearly a quarter now comes from Russia. The copious flows are roughly 10 per cent cheaper than competing suppliers helping India save billions of dollars in fuel costs.

After swinging over 400 points, Sensex ends in red

After swinging over 400 points, Sensex ends in red

Rediff.com8 Sep 2021

Nestle was the top loser in the Sensex pack, shedding over 2 per cent, followed by Maruti, Bajaj Finserv, Bajaj Auto, TCS and L&T. NSE Nifty slipped 8.60 points to 17,353.50.

Rana hoping to be the perfect anchor to secure KKR

Rana hoping to be the perfect anchor to secure KKR

Rediff.com3 May 2022

Kolkata Knight Riders batter Nitish Rana said having plied his trade in the IPL for considerable number of years, he is now trying to adapt to the role of an anchor, which was on full display against Rajasthan Royals in Mumbai on Monday night.

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.

Autos, trains, buses, cabs won't ply today: Shiv Sena

Autos, trains, buses, cabs won't ply today: Shiv Sena

Rediff.com31 May 2012

Though the city's systems are willing to go to work as usual, participating political parties will try their best to ensure a '100 per cent successful' closure on Thursday. Vrushali Lad reports

'Our rating is dependent on the medium-term outlook'

'Our rating is dependent on the medium-term outlook'

Rediff.com1 Dec 2021

'While we note the very strong cyclical recovery in the economy, we believe there is still uncertainty over medium-term prospects.'

This CWG gold medallist now wants to enjoy ice cream

This CWG gold medallist now wants to enjoy ice cream

Rediff.com8 Aug 2022

It's ice-cream time for Nikhat

Air Arabia to ply more flights to Sharjah

Air Arabia to ply more flights to Sharjah

Rediff.com5 Sep 2005

United Arab Emirates-based low cost airline Air Arabia will operate seven additional flights from Mumbai to Sharjah from September 7-15.

Men who prepare Kohli, Rohit with 150-plus throwdowns

Men who prepare Kohli, Rohit with 150-plus throwdowns

Rediff.com26 Oct 2022

Meet Sri Lankan Nuwan Senaviratne, Dayanand Garani and Raghavendra aka Raghu, who are integral to Team India's preparations.

India Inc's biz sentiments almost at pre-pandemic level

India Inc's biz sentiments almost at pre-pandemic level

Rediff.com9 Sep 2021

A survey, with over 3,700 respondents across digital platforms, found that transparent taxation has been one of the most significant initiatives of the government followed by the production-linked incentives (PLI) scheme, equalisation levy and new labour codes.

From April 20 you can order cellphone, fridge, laptop online

From April 20 you can order cellphone, fridge, laptop online

Rediff.com16 Apr 2020

Mobile phones, televisions, refrigerators, laptops and stationary items will be allowed to be sold through e-commerce platforms like Amazon, Flipkart and Snapdeal from April 20 during the lockdown, officials said on Thursday. The clarification from a senior home ministry official came a day after Union home secretary Ajay Bhalla issued revised guidelines for the extended lockdown period till May 3.

Passenger vehicle sales dip nearly 4% in March: Siam

Passenger vehicle sales dip nearly 4% in March: Siam

Rediff.com13 Apr 2022

Passenger vehicle wholesales in India declined nearly 4 per cent to 279,501 units last month, auto industry body SIAM said on Wednesday. Passenger vehicle (PV) dispatches from factories to dealerships in March 2021 stood at 290,939 units. As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also fell 21 per cent to 11,84,210 units as compared with 14,96,806 vehicles in March 2021.

'When were obstacles ever placed in the way of Hindu festivals?'

'When were obstacles ever placed in the way of Hindu festivals?'

Rediff.com12 Sep 2022

The ad is one more illustration of the way Maharashtra's new Shinde-Fadnavis government has been milking the Ganpati festival, with CM Eknath Shinde visiting Ganpati Mandals all day these last 10 days.

Bank credit likely to grow at 4-year high of 11-12% in FY23

Bank credit likely to grow at 4-year high of 11-12% in FY23

Rediff.com29 Apr 2022

Bank credit is likely to grow at a four-year high of 11-12 per cent in fiscal 2023, on the back of better economic growth and budgetary support from the government, according to a report. In the fiscal ended March 2022, bank advances have likely grown at 9-10 per cent. "Healthy economic growth and budgetary support from the government should lift bank credit growth by 200-300 basis points to 11-12 per cent this fiscal," Crisil Ratings said in the report. The higher credit growth expectation is also supported by the improved resilience of the banking system, it added.

Nestle India increasing number of female employees

Nestle India increasing number of female employees

Rediff.com21 Sep 2021

Presently, around 23 per cent of Nestle India's workforce are women, its chairman and managing director Suresh Narayanan said on Monday. "We moved a fair degree on this. When I came to Nestle India in 2015, at that time we were at about 15-16 per cent.

All talk about ODI's future is nonsense: Rohit Sharma

All talk about ODI's future is nonsense: Rohit Sharma

Rediff.com18 Aug 2022

India captain Rohit Sharma believes ODIs are an important and integral part of the game.

'MF Guru: Can I make Rs 2 cr in five years?'

'MF Guru: Can I make Rs 2 cr in five years?'

Rediff.com9 Dec 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

SR to ply special trains during festive season

SR to ply special trains during festive season

Rediff.com8 Nov 2004

The Thiruvananthapuram-bound train will leave Chennai on Mondays, Tuesdays, Wednesday and Fridays.

Sensex, Nifty surge to fresh lifetime peaks

Sensex, Nifty surge to fresh lifetime peaks

Rediff.com15 Sep 2021

NTPC was the top gainer in the Sensex pack, jumping over 7 per cent, followed by Bharti Airtel, Titan, HCL Tech, SBI, PowerGrid, TCS and IndusInd Bank. NSE Nifty climbed 139.45 points to its new closing high of 17,519.45.

'China is ahead of India because our political leadership was behind'

'China is ahead of India because our political leadership was behind'

Rediff.com12 Oct 2022

'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'