News for 'State for Heavy Industries'

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

'Mamata Should Have Done Something Else'

'Mamata Should Have Done Something Else'

Rediff.com1 Oct 2024

'She could have sat down with the students and taken a list of their grievances including their allegations and suspicions.' 'Not all suspicions are true, but you have to listen, you have to let the steam come out.'

Can't have a situation where market is India but jobs are in China: Govt on Tesla

Can't have a situation where market is India but jobs are in China: Govt on Tesla

Rediff.com8 Feb 2022

Making it clear that relaxations will not be provided to US-based electric vehicles major Tesla unless it participates in manufacturing activities in India, Union Minister Krishan Pal Gurjar on Tuesday said there cannot be a situation where the market is India but jobs are created in China. The minister of state for heavy industries also told the Lok Sabha during Question Hour that the company is yet to apply for schemes as per the government's policy. Last year, the Elon Musk-led company sought a reduction in import duties on electric vehicles (EVs) in India but the Ministry of Heavy Industries asked the firm to start manufacturing its iconic EVs in the country before any tax concessions can be considered.

Coming Soon! The Bullet Train!

Coming Soon! The Bullet Train!

Rediff.com5 Mar 2024

With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.

'Private Sector Must Create Jobs'

'Private Sector Must Create Jobs'

Rediff.com25 Jun 2024

'The private sector believes that some enablers in labour-intensive sectors like apparel, toys, tourism, and media retail, can unlock a lot of jobs.'

Sensex, Nifty close higher in volatile trade

Sensex, Nifty close higher in volatile trade

Rediff.com29 Feb 2024

Reliance Industries closed more than half a per cent higher after the company announced a proposed merger of media and entertainment assets of Viacom18 with Star India. Hindustan Unilever, Bharti Airtel, Tata Motors, ITC, Tech Mahindra and Axis Bank were among the laggards.

Markets end FY24 on buoyant note; Sensex gains 655 points

Markets end FY24 on buoyant note; Sensex gains 655 points

Rediff.com28 Mar 2024

Nestle, State Bank of India, Power Grid, Tata Steel, Larsen & Toubro and Mahindra & Mahindra were the other major gainers. In contrast, Tech Mahindra, Axis Bank and Reliance Industries were the laggards.

Reliance invested $125 bn in capex in last 10 years

Reliance invested $125 bn in capex in last 10 years

Rediff.com31 Mar 2024

Reliance Industries Ltd invested over $125 billion in the last ten years as it undertook massive expansion in hydrocarbon and telecom businesses, a report said, estimating that the conglomerate's investments in the next three years would be in relatively less capex-heavy retail and upstream new energy. Reliance is coming out of a series of long and intensive capex cycles (hydrocarbons and telecom).

Maharashtra deploys police as petrol pumps start to run dry

Maharashtra deploys police as petrol pumps start to run dry

Rediff.com2 Jan 2024

About 2,000 petrol pumps, mostly in western and northern India, have run out of fuel stocks as the strike by some truckers' associations entered the second day on Tuesday.

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

Tension in Nagpur as angry locals, kin of factory blast victims block road

Tension in Nagpur as angry locals, kin of factory blast victims block road

Rediff.com17 Dec 2023

According to sources, the bodies of the victims were still inside the premises, where the blast took place at 9 am.

IT Companies May See Recovery In June Quarter

IT Companies May See Recovery In June Quarter

Rediff.com11 Jul 2024

The June quarter is usually considered as a seasonally strong period for the IT sector.

From Ashok Leyland to VECV, busmakers' sales entered the fast lane in 2023

From Ashok Leyland to VECV, busmakers' sales entered the fast lane in 2023

Rediff.com10 Jan 2024

The demand for buses largely remained robust in 2023, driven by the increasing need for public mobility and replacement. Ashok Leyland Limited (ALL) recorded a 64 per cent year-on-year increase in sales of medium and heavy commercial vehicle (MHCV) buses during the April-to-December period of 2023 to 11,216 units. Volvo Eicher Commercial Vehicles (VECV) posted 24.7 per cent sales growth between April and December for light and medium-duty buses, and 36.9 per cent growth for heavy-duty buses.

Defence gets Rs 6.21 lakh cr, 4.79% hike from previous allocation

Defence gets Rs 6.21 lakh cr, 4.79% hike from previous allocation

Rediff.com23 Jul 2024

The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.

BJP Should Read Writing On The Wall

BJP Should Read Writing On The Wall

Rediff.com17 Jul 2024

There is no use of the BJP targeting the likes of Mamata Banerjee and M K Stalin, directly by the party's political bosses, both in Delhi and the respective state capitals, or even using the Raj Bhavans to fire those salvos from. Successive elections have proved that it's counter-productive, if anything. But the BJP is yet to understand it, acknowledge it, points out N Sathiya Moorthy.

Russia's Unease Over India-US Proximity

Russia's Unease Over India-US Proximity

Rediff.com5 Mar 2024

The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.

What Will Israel Do Next?

What Will Israel Do Next?

Rediff.com25 Sep 2024

In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.

Cyclone Michaung paralyses Chennai, revives fears of 2015 flood

Cyclone Michaung paralyses Chennai, revives fears of 2015 flood

Rediff.com4 Dec 2023

Heavy rains continued to pound Chennai and nearby districts on Monday under the impact of a cyclonic storm, which is likely to cross the coast in Andhra Pradesh on December 5.

'Nuclear Has To Get Into Achche Din'

'Nuclear Has To Get Into Achche Din'

Rediff.com20 May 2024

'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'

DTH industry demands duty reduction

DTH industry demands duty reduction

Rediff.com7 Jul 2014

The DTH industry has to pay entertainment tax to state governments and service tax to the central government.

Buying in index majors help Sensex gain 330 points

Buying in index majors help Sensex gain 330 points

Rediff.com30 Oct 2023

Among the Sensex firms, UltraTech Cement, Reliance Industries, ICICI Bank, HDFC Bank, Bharti Airtel, IndusInd Bank, State Bank of India, Tata Consultancy Services, Larsen & Toubro, Kotak Mahindra Bank and State Bank of India were the major gainers. In contrast, Tata Motors, Maruti, Axis Bank, Mahindra & Mahindra, ITC, NTPC, Tata Steel and Bajaj Finserv were the major laggards.

Battery scheme: RIL arm, Ola, Hyundai to get sops

Battery scheme: RIL arm, Ola, Hyundai to get sops

Rediff.com17 Mar 2022

RIL subsidiary Reliance New Energy Solar, Ola Electric, Hyundai Global Motors Company and Rajesh Exports have been approved for receiving incentives under the Rs 18,100 crore Production Linked Incentive (PLI) scheme for battery manufacturing in India, sources said on Thursday. "The ministry had received bids from 10 companies with a capacity of 130 GWh. Reliance, Ola Electric, Hyundai and Rajesh Exports have qualified for ACC batteries," a source said. Other companies which had applied for the PLI scheme for Advanced Chemistry Cell (ACC) batteries were Lucas-TVS, Mahindra & Mahindra, Amara Raja Batteries, Exide Industries, Larsen & Toubro and India Power Corporation Limited.

BSE, NSE settle with marginal gains in volatile trade

BSE, NSE settle with marginal gains in volatile trade

Rediff.com30 Nov 2023

Benchmark equity indices Sensex and Nifty settled with marginal gains on Thursday in a highly volatile trade amid the scheduled monthly derivatives expiry and muted trend in the US markets. The 30-share BSE Sensex closed 86.53 points or 0.13 per cent higher at 66,988.44, registering its third day of gains. During the day, it hit a high of 67,069.89 and a low of 66,610.35.

Torrid summer, acute coal shortage trigger blackouts in many states

Torrid summer, acute coal shortage trigger blackouts in many states

Rediff.com28 Apr 2022

From Jammu and Kashmir to Andhra Pradesh, consumers are facing power cuts ranging from 2 hours to 8 hours.

'To get so much love from all over India...'

'To get so much love from all over India...'

Rediff.com3 Apr 2024

'Manjummel Boys is way beyond my control now.'

Auto, BFSI dominated Q4 earnings circuit

Auto, BFSI dominated Q4 earnings circuit

Rediff.com25 Jun 2024

Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.

NDMA issues guidelines to safely open industries

NDMA issues guidelines to safely open industries

Rediff.com10 May 2020

In a communication to all states and union territories, the NDMA said due to several weeks of lockdown and the closure of industrial units, it is possible that some of the operators might not have followed the established standard operating procedures.

Cargo meant for Pak nuclear programme held in Mumbai

Cargo meant for Pak nuclear programme held in Mumbai

Rediff.com2 Mar 2024

The customs officials, based on an intelligence input, halted a Malta-flagged merchant ship -- CMA CGM Attila -- at the port en route to Karachi on January 23 and inspected the consignment, which included a Computer Numerical Control (CNC) machine, originally manufactured by an Italian company.

NHRC notices to Centre, 4 states over farmers' protest

NHRC notices to Centre, 4 states over farmers' protest

Rediff.com14 Sep 2021

The NHRC said that it has received several complaints regarding the ongoing farmers' protest.

After PM's assurance, Deb assumes office

After PM's assurance, Deb assumes office

Rediff.com25 May 2004

The senior leader from Assam refused to assume office as Minister of State with independent charge of Heavy Industries Ministry after RJD's Taslimuddin was also appointed as MoS of the same ministry.

Sensex, Nifty decline on selloff in banking, financial stocks

Sensex, Nifty decline on selloff in banking, financial stocks

Rediff.com17 Nov 2023

Bajaj Finance, ICICI Bank, Bajaj Finserv, IndusInd Bank, Infosys, Kotak Mahindra Bank, Wipro, and Reliance Industries were among the other laggards. On the other hand, Larsen & Toubro, Hindustan Unilever, Power Grid, Asian Paints, Nestle and Mahindra & Mahindra were the major gainers.

Returning migrants: Boon or bane for states?

Returning migrants: Boon or bane for states?

Rediff.com29 May 2020

For states like West Bengal, Bihar, Odisha, Jharkhand and Uttar Pradesh, where migration is high, the return of workers could be as much an opportunity as a liability. All states have launched portals to register migrant workers; additional fields like nature of employment and remuneration in the past 2-3 years are being added to help in skill mapping.

Why Kanpur leather industry has started shifting to Kolkata

Why Kanpur leather industry has started shifting to Kolkata

Rediff.com5 Apr 2019

Closure of tanneries pulls down domestic finished leather exports and local price of raw-skin.

How Nibe Is Helping Boost India's Defence

How Nibe Is Helping Boost India's Defence

Rediff.com21 Mar 2024

'If you take any ministry of defence project, Nibe is up there, getting orders.'

Farmer outfits back CISF constable who slapped Kangana, seek probe

Farmer outfits back CISF constable who slapped Kangana, seek probe

Rediff.com7 Jun 2024

Some farmer outfits on Friday threw their weight behind the Central Industrial Security Force (CISF) woman constable who allegedly slapped actor and Bharatiya Janata Party MP-elect Kangana Ranaut, saying the entire sequence leading to the incident needs to be properly investigated.

CEO-mom accused of killing son undergoes psychological tests

CEO-mom accused of killing son undergoes psychological tests

Rediff.com10 Jan 2024

Two empty bottles of a cough syrup were found in a Goa apartment, where a start-up CEO allegedly killed her minor son, indicating she may have given a heavy dose of the medicine to him in signs of a premeditated murder, even as she was subjected to psychological test to assess her mental state and help find the motive for the gruesome crime, the police said on Wednesday.

Technical hitch stops Taslimuddin from assuming of

Technical hitch stops Taslimuddin from assuming of

Rediff.com25 May 2004

The RJD strongman, who is yet to take charge as MoS, Heavy Industries Ministry, said he was informed about this by Secretary, Heavy Industries, Naresh Narad.

Rajnath, Mohite inducted into Cabinet

Rajnath, Mohite inducted into Cabinet

Rediff.com25 May 2003

Swami Chinmayanand, Kailash Meghwal, Prahlad Singh Patel, Nagmani and P C Thomas were also inducted as ministers of state into the council of ministers.

Doval moots interoperability among central police forces

Doval moots interoperability among central police forces

Rediff.com24 May 2024

National security advisor Ajit Doval on Friday suggested that various central armed police forces of the country should have "jointness" and interoperability among themselves like the ongoing plan for the defence forces.