News for 'State for Commerce and Industry'

Who is Basavaraj Bommai, Karnataka's new CM

Who is Basavaraj Bommai, Karnataka's new CM

Rediff.com27 Jul 2021

The 61 year-old leader was the Minister for Home Affairs, Law, Parliamentary Affairs and Legislature in Yediyurappa's council of ministers that was dissolved on Monday and was also the Minister in-charge of Haveri and Udupi Districts.

Ludhiana blast: Dead man was Punjab cop, say sources

Ludhiana blast: Dead man was Punjab cop, say sources

Rediff.com25 Dec 2021

The SIM card of the deceased is believed to have helped identify him.

Pegasus maker slams criticism, but concedes 'some mistakes'

Pegasus maker slams criticism, but concedes 'some mistakes'

Rediff.com30 Jan 2022

An undeterred Chief Executive Officer of NSO Group, Shalev Hulio, in an interview to Israeli Channel 12 on Saturday, strongly defended the company's operations, though he also conceded that some 'mistakes' may have happened over the years.

Adani, Sitharaman line up for yoga session

Adani, Sitharaman line up for yoga session

Rediff.com21 Jun 2022

Billionaire Gautam Adani on Tuesday did an hour-long session of yoga exercises in the open air as he led corporate India to join the International Day of Yoga celebrations. Several public and private sector companies held yoga sessions at their offices to promote the adoption of exercise in daily routines to stay fit and healthy. Adani, chairman of logistics-to-energy conglomerate Adani Group, and his wife Priti, who heads the Adani Foundation, "participated with more than 1,000 members of the Adani Parivaar team to celebrate health, mindfulness and meditation," the group said in a statement. The session was held at a football ground at Adani Shantigram in Ahmedabad. Several other business leaders tweeted pictures of their yoga sessions.

BigBasket to hire 10,000 people to speed up deliveries

BigBasket to hire 10,000 people to speed up deliveries

Rediff.com3 Apr 2020

Online grocery platform BigBasket is looking at hiring 10,000 people for its warehouses and last-mile delivery to clear pending orders quickly and meet the spike in orders on account of the nationwide lockdown. "We are looking to hire 10,000 people for our warehouses and last-mile delivery. This hiring will happen across all 26 cities that we are present in," bigbasket Vice President-Human Resources Tanuja Tewari told PTI.

Edtech: What Parents Need To Know

Edtech: What Parents Need To Know

Rediff.com15 Jan 2022

'Why is the government asking parents to be careful rather than coming up with strict rules and regulations for the companies?'

Ecommerce firms ask govt for 6-month curfew passes

Ecommerce firms ask govt for 6-month curfew passes

Rediff.com8 Apr 2020

The companies have asked for digital curfew passes as e-retailers feel if more lockdowns are ordered after April 14, it is extremely difficult and time-consuming process to acquire the passes from local authorities.

India has established mechanism to resolve 'friction' on LAC: Lt Gen Kalita

India has established mechanism to resolve 'friction' on LAC: Lt Gen Kalita

Rediff.com21 Aug 2022

'The Arunachal border is not demarcated in that way, so there can be differing perceptions (between two sides)'

RIL can become 1st Indian firm to hit $200 bn m-cap

RIL can become 1st Indian firm to hit $200 bn m-cap

Rediff.com16 Oct 2019

Reliance has significant investments in telecom, consumer retail and media businesses in India.

Govt brings ordinance to tackle air pollution in Delhi-NCR

Govt brings ordinance to tackle air pollution in Delhi-NCR

Rediff.com29 Oct 2020

Violation of the provisions entails a punishment of a jail term up to five years or with fine up to Rs 1 crore or with both, the ordinance released by the Ministry of Law and Justice on Thursday said.

Five years of GST: Recovery of input tax credit still a struggle

Five years of GST: Recovery of input tax credit still a struggle

Rediff.com27 Jun 2022

Agra has long been known for the Taj Mahal, but it is also a manufacturing hub filled with micro, small and medium enterprises (MSMEs) that make everything from electronic components to metal products, from paints and chemicals to footwear. And five years after the introduction of the Goods and Services Tax (GST), the MSMEs here complain that while the indirect tax regime has been transformative, cutting out the need to file multiple taxes, its biggest drawback has been the delay in credit refunds. Whoever you speak to - MSME owners, tax lawyers, or industry bodies like the National Chambers of Industries and Commerce (NCIC), Agra Footwear Manufacturers and Exporters Chamber (AFMEC) and Agra Shoe Manufacturers Association (ASMA) - they all emphasise that the GST continues to face some key challenges.

India's fuel sales slump 50% in April

India's fuel sales slump 50% in April

Rediff.com17 Apr 2020

The only fuel that showed growth was LPG as the government dole of free cooking gas cylinders to poor households fired up consumption by 21 per cent during April 1 to 15.

Border incidents with China will continue till...: Army chief

Border incidents with China will continue till...: Army chief

Rediff.com30 Sep 2021

....a long-term boundary agreement is reached between the two countries.

Channi keeps 14 portfolios, Amarinder's ministers retain theirs

Channi keeps 14 portfolios, Amarinder's ministers retain theirs

Rediff.com29 Sep 2021

Punjab Chief Minister Charanjit Singh Channi on Tuesday allocated portfolios to the new ministers, keeping 14 departments with himself and giving home affairs to deputy chief minister Sukhjinder Singh Randhawa and health to other deputy O P Soni.

What makes Reliance Retail a unique venture in India?

What makes Reliance Retail a unique venture in India?

Rediff.com31 Oct 2021

Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.

Bengal announces complete lockdown from May 16-30 to curb Covid spread

Bengal announces complete lockdown from May 16-30 to curb Covid spread

Rediff.com15 May 2021

During this period, all government and private offices, shopping complexes, malls, bars, sports complexes, pubs and beauty parlours will remain closed.

A Last Christmas for Santha Bakery

A Last Christmas for Santha Bakery

Rediff.com27 Oct 2022

December 2022 could be the last Christmas for Santha Bakery, a business drawing its lineage from the first Christmas cake baked in Kerala.

From March, you can start a business in Mumbai and Delhi in just 4 days

From March, you can start a business in Mumbai and Delhi in just 4 days

Rediff.com17 Jan 2017

Government planning to slash the number of days required to start a business in Mumbai, Delhi from the current 26.

B-Schools: Consulting Tops Interns Hires

B-Schools: Consulting Tops Interns Hires

Rediff.com9 Nov 2022

...followed by financial services, IT, and sales and marketing.

What India Inc wants from Suresh Prabhu

What India Inc wants from Suresh Prabhu

Rediff.com27 Sep 2017

Relax fiscal consolidation, boost public capex and reduce cost of finance, industry tells Centre

'Resume non-contact sports in sanitised empty stadia'

'Resume non-contact sports in sanitised empty stadia'

Rediff.com13 May 2020

The unprecedented health crisis forced an indefinite shutdown of all sports activities -- both contact and non-contact. The FICCI said non-contact sports can resume first by maintaining social distancing norms.

1st coal block e-auction earns Rs 1 lakh cr for states

1st coal block e-auction earns Rs 1 lakh cr for states

Rediff.com23 Feb 2015

Non-mineral-rich states will benefit from tariff concessions.

Modi to woo global investors at WEF meet in Davos

Modi to woo global investors at WEF meet in Davos

Rediff.com10 Jan 2018

Infrastructure, manufacturing and telecom are understood to be among the focus sectors

Mumbai police updates lockdown curbs: What's allowed, what isn't

Mumbai police updates lockdown curbs: What's allowed, what isn't

Rediff.com7 Apr 2021

Mumbai Police on Wednesday announced the updated lockdown guidelines which restricts the movement of people in public areas and transport while exempting those involved in essential services.

Despite pandemic, investors are flocking to Tamil Nadu

Despite pandemic, investors are flocking to Tamil Nadu

Rediff.com17 Aug 2020

Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.

Trade after Trump: Here's where the cheer ends

Trade after Trump: Here's where the cheer ends

Rediff.com12 Dec 2016

India Inc had cheered Donald Trump's decision to scrap TPP, but now there is a growing sense that it won't really lead to positive growth in trade with the US. Subhayan Chakraborty reports.

SoftBank-backed Ola raises $500-mn term loan

SoftBank-backed Ola raises $500-mn term loan

Rediff.com17 Dec 2021

IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.

'This may indeed be India's moment'

'This may indeed be India's moment'

Rediff.com20 May 2022

'For the first time, all major countries are discovering India's indispensability to their own foreign policy interests.'

Maharashtra Rajya Sabha Polls: Prestige Battle Between Shiv Sena, BJP

Maharashtra Rajya Sabha Polls: Prestige Battle Between Shiv Sena, BJP

Rediff.com9 Jun 2022

Even though MLAs are required to show their ballot to respective party whips before casting their vote, all parties have ensured their MLAs are housed in five star hotels closer to the Maharashtra Vidhan Sabha where voting will take place on June 10.

Indian exporters feel the heat of India-China tension

Indian exporters feel the heat of India-China tension

Rediff.com26 Jun 2020

The FIEO on Thursday reiterated that the Customs authorities at several ports in India had ordered a sudden examination of Chinese consignments without any official word from the government, and this may have led to the Chinese retribution.

Customs allows e-clearance for moving laptops

Customs allows e-clearance for moving laptops

Rediff.com27 Mar 2020

The Customs clearance required for moving equipment like laptops, desktops, etc out of SEZ units was delaying things as the clearance had to be taken in person after a first level of approval online.

What To Do If You Are Laid Off

What To Do If You Are Laid Off

Rediff.com12 Jul 2022

'Re-evaluate your career goals and be ready to embrace challenges. ' 'Work thoroughly on your resume by highlighting the key skills and major areas of work.' 'Check and apply for jobs posted by employers regularly.' 'Stay positive.'

No coronavirus lockdown for aerospace, defence firms

No coronavirus lockdown for aerospace, defence firms

Rediff.com3 Apr 2020

'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'

Exports plunge by record 60.28% in Apr; trade deficit lowest in 4 yrs

Exports plunge by record 60.28% in Apr; trade deficit lowest in 4 yrs

Rediff.com15 May 2020

Imports too tumbled by 58.65 per cent to $17.12 billion in April from $41.4 billion in the same month last year, according to the data by the commerce and industry ministry.

K'taka clamps night curfew for 10 days from Dec 28

K'taka clamps night curfew for 10 days from Dec 28

Rediff.com26 Dec 2021

Amid fresh COVID-19 concerns, Karnataka government on Sunday decided to impose 'night curfew' for 10 days from December 28, between 10 PM and 5 am.

WPI inflation at 8-month high of 1.48% in Oct

WPI inflation at 8-month high of 1.48% in Oct

Rediff.com16 Nov 2020

The wholesale price-based inflation rose to an eight-month high of 1.48 per cent in October, as manufactured products turned costlier. The WPI inflation was 1.32 per cent in September and zero per cent in October last year. This is the highest level of wholesale price index-based (WPI) inflation since February when it was 2.26 per cent.

Tamil Nadu rakes in Rs 19,083 cr investment in 10 months

Tamil Nadu rakes in Rs 19,083 cr investment in 10 months

Rediff.com16 Dec 2019

At a time when investors are taking a "wait and watch" approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs 19,083 crore. After Palaniswami took over as chief minister in February 2017, cumulative FDI rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion by June this year. Thanks to the Tamil Nadu Business Facilitation Act, 2018, and the single window for applying and getting clearance for doing business, the ease of business issue has been addressed.

Obama's Visit: What India Inc expects

Obama's Visit: What India Inc expects

Rediff.com4 Nov 2010

'You have to explain to them about Indian investments in the US creating jobs this reverse outsourcing'

Life is tough for India's gig workers

Life is tough for India's gig workers

Rediff.com13 Feb 2022

The recent protests by employees of Urban Company and the case of a a Zomato delivery executive who died in a road accident point to the severely straitened condition of gig workers during the ongoing Covid-19 pandemic. Budget 2021 had promised several measures to help the cause of gig economy workers, but most of them are yet to see the light of day. Even after a year, the country's gig workers continue to be without any social security cover or a minimum wage guarantee. "In Budget 2021, finance minister Nirmala Sitharaman had announced that the government is looking toward including migrant and gig workers for social security benefits," says Srinivas Kotni, managing partner, Lexport, a consulting firm. Parliament had passed the Code on Wages in 2019 and Code on Industrial Relations, Social Security and Occupational Safety, Health and Working Conditions in 2020.

After rain havoc 'Smart City' Chennai reels under politics

After rain havoc 'Smart City' Chennai reels under politics

Rediff.com23 Nov 2021

Chennai is one of the cities where works have been completed for almost 62 per cent of the money lined up -- Rs 599 crore of the Rs 959 crore has been utilised so far. Despite this, there was no respite for the people in the city this time either, with North Chennai being the worst affected.