News for 'PLI'

'Important to assess all investment options'

'Important to assess all investment options'

Rediff.com19 May 2022

'Then select those that are well-aligned with your risk-return profile and investment time horizon.'

Face masks, hand sanitisers out of essential commodities list

Face masks, hand sanitisers out of essential commodities list

Rediff.com7 Jul 2020

On March 13, the Union consumer affairs ministry had declared face masks and hand sanitisers as essential commodities for 100 days to boost supply and prevent hoarding of these items in its fight to check the spread of coronavirus.

India expected to see 7% growth next fiscal: CEA

India expected to see 7% growth next fiscal: CEA

Rediff.com28 Jul 2021

Chief Economic Adviser K V Subramanian on Wednesday said India is expected to hit a growth rate of 6.5-7 per cent in 2022-23 and accelerate further to 8 per cent in the subsequent years on the back of reforms undertaken by the government. He also said the government is expected to meet the fiscal deficit target of 6.8 per cent in the current fiscal despite pressure on revenue collections.

Bombay HC asks all cab firms to apply for licences by March 16

Bombay HC asks all cab firms to apply for licences by March 16

Rediff.com7 Mar 2022

The HC, though, refrained from prohibiting such cabs from plying in the meanwhile saying it was aware such a move would adversely affect commuters.

Modi meets top American CEOs in first engagement in US

Modi meets top American CEOs in first engagement in US

Rediff.com23 Sep 2021

Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.

Toxic air: Delhiites complained of pneumonia, chest infections

Toxic air: Delhiites complained of pneumonia, chest infections

Rediff.com2 Nov 2022

Health expert termed the problems caused due to the rise in pollution as a "medical emergency".

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.

Govt caps price of 200ml sanitiser at Rs 100 till June

Govt caps price of 200ml sanitiser at Rs 100 till June

Rediff.com21 Mar 2020

"The price cap has been imposed taking into account the sharp increase in prices of raw materials used in making of face masks and hand santiser," Consumer Affairs Minister Ram Vilas Paswan said.

How Sunil Vachani plans to take Dixon Tech global

How Sunil Vachani plans to take Dixon Tech global

Rediff.com14 Jan 2021

Today, Vachani's public-listed company, Dixon Technologies, has gone beyond manufacturing just television sets. Armed with private equity funding from Motilal Oswal eight years ago, it has transformed itself into a Rs 4,400 crore electronic manufacturing services major, which now straddles lighting products, home appliances, feature phones, LED bulbs, amongst others. A two-part series looks at how two home-grown manufacturers are leveraging the govt's production-linked incentive scheme.

Production of laptops, tablets, PCs gets Rs 7,350 cr booster

Production of laptops, tablets, PCs gets Rs 7,350 cr booster

Rediff.com24 Feb 2021

The government on Wednesday approved a Rs 7,350-crore scheme to boost production of laptops, tablets, all-in-one PCs and servers in the country, as it sought to woo global and domestic players to take advantage of India's manufacturing prowess. Production worth Rs 3.26 lakh crore and exports of Rs 2.45 lakh crore are estimated over the next four years under the new scheme, which is expected to create 1.80 lakh jobs. Briefing reporters after a meeting of the Cabinet, Communications and IT Minister Ravi Shankar Prasad said the Production Linked Incentive (PLI) scheme has been approved for IT hardware products that would cover laptops, tablets, all-in-one PCs and servers.

Reliance sets its drone biz plan in motion

Reliance sets its drone biz plan in motion

Rediff.com18 Feb 2022

Reliance Industries has put together an aggressive plan to build its drone business which includes expanding manufacturing capacity five-fold, participating in the new drone production linked incentive scheme, and experimenting with limited logistics payloads to deliver goods. The target is to become a key player in the expected $5 billion market in India by the end of the decade. The drone business is being carried out through a Bangalore-based start up, Asteria Aerospace, in which Reliance has taken a majority stake. Asteria is a subsidiary of Jio Platforms Ltd.

RoundGlass Punjab clinch historic I-League; Karnataka bag Santosh Trophy

RoundGlass Punjab clinch historic I-League; Karnataka bag Santosh Trophy

Rediff.com4 Mar 2023

RoundGlass Punjab FC scripted history on Saturday as they clinched the I-League title with a game to spare.

Odisha train mishap: Railways seeks CBI probe, here's why

Odisha train mishap: Railways seeks CBI probe, here's why

Rediff.com4 Jun 2023

Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.

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.

Fleming says India should play in overseas T20 leagues

Fleming says India should play in overseas T20 leagues

Rediff.com11 Nov 2022

"You look at the CPL which becomes more important with the next World Cup being there in the Caribbean, and how many players can you get put into that tournament to get an idea of conditions. It is an advantage,"

Maruti Suzuki to launch EVs only after 2025: Bhargava

Maruti Suzuki to launch EVs only after 2025: Bhargava

Rediff.com27 Oct 2021

Maruti Suzuki India will launch electric vehicles in the country only after 2025 as demand for such vehicles at the moment is less and it would like to sell around 10,000 units a month whenever it enters the electric mobility space, company chairman RC Bhargava said on Wednesday. Addressing a virtual conference on the company's second quarter earnings, he said under the current circumstances a lot of things in the EV ecosystem such as batteries, charging infrastructure and electric supply are done by other parties and therefore the costing is not in the hands of the company. Also with fuel prices going up, car market leader Maruti Suzuki India is intensifying its focus on more CNG offerings of its models.

Investors: Time To Relook At BFSI Funds

Investors: Time To Relook At BFSI Funds

Rediff.com28 Oct 2022

Invest only if you wish to go overweight on the sector.

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.

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.

Fog, cold wave grip north India; air, rail traffic hit; 4 killed in UP

Fog, cold wave grip north India; air, rail traffic hit; 4 killed in UP

Rediff.com9 Jan 2023

Around 29 trains have been delayed by two to five hours due to foggy weather, a railway official said.

Smriti Mandhana's Journey To 3.4 Crore

Smriti Mandhana's Journey To 3.4 Crore

Rediff.com27 Feb 2023

Smriti Mandhana isn't actually known to be the most prolific T20 player -- her career T20 International average of 27.32 is middling at best. There have been failures too, but her ability to analyse and assess them honestly is a rarity in modern sport.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.'

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".

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.

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.

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.