News for 'Vision for Future Mobility'

Threat to human rights is highest in police stations: CJI

Threat to human rights is highest in police stations: CJI

Rediff.com8 Aug 2021

The CJI said that to keep police excesses in check, dissemination of information about the constitutional right to legal aid and availability of free legal aid services is necessary.

India must have a future in Electronics

India must have a future in Electronics

Rediff.com19 Jul 2019

'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.

Modi sounds bugle for Mumbai civic polls, says no dearth of funds for city

Modi sounds bugle for Mumbai civic polls, says no dearth of funds for city

Rediff.com19 Jan 2023

When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.

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.

Honda unveils City e:HEV sedan; launch next month

Honda unveils City e:HEV sedan; launch next month

Rediff.com15 Apr 2022

Japanese auto major Honda Cars on Thursday unveiled its new offering for the Indian market -- City e:HEV sedan, marking its foray into the mainstream strong hybrid electric vehicle segment in the country. The company, which is present in India through a wholly-owned subsidiary, has commenced the bookings of the model and plans to introduce it in the market next month. As per the company, the model, an extension of its City model range, would feature self-charging two-motor strong hybrid system connected to a 1.5 litre petrol engine, entailing a peak power of 126 PS and fuel efficiency of 26.5 km per litre.

Tata Motors signs MoU for Ford India's Sanand plant

Tata Motors signs MoU for Ford India's Sanand plant

Rediff.com30 May 2022

Tata Motors on Monday said its subsidiary and Ford India have inked a pact with the Gujarat government to acquire FIPL's Sanand vehicle manufacturing plant. Tata Passenger Electric Mobility Ltd (TPEML) -- a subsidiary of Tata Motors -- and Ford India Pvt Ltd (FIPL) have today signed a memorandum of understanding (MOU) with the Gujarat government for the potential acquisition of FIPL's Sanand vehicle manufacturing facility, including land, buildings, vehicle manufacturing plant, machinery and equipment, Tata Motors said in a regulatory filing. The MoU also includes the transfer of all eligible employees of FIPL Sanand's vehicle manufacturing operations, subject to the signing of definitive agreements and receipt of relevant approvals, it added.

Ola to unveil one of India's 'fastest' cars; 0-100 Km/h in 4 seconds

Ola to unveil one of India's 'fastest' cars; 0-100 Km/h in 4 seconds

Rediff.com20 Aug 2022

Bhavish Aggarwal, the founder of ride-hailing firm Ola who disrupted the electric scooters market in the country, is planning to launch an electric sports car in 2024. The plan will put it in competition with Indian players, such as the Tata group and Mahindra & Mahindra, and global giants like Tesla and Hyundai. Aggarwal, recently, took a group of reporters to the firm's design studio at the Ola campus in Bengaluru where his teams are working on several EVs, including scooters, motorcycles, sedans, and SUVs - and even robotaxis.

Modi to attend Quad meet in Tokyo on May 24

Modi to attend Quad meet in Tokyo on May 24

Rediff.com19 May 2022

MEA Spokesperson Arindam Bagchi said the forthcoming Quad summit will provide an opportunity for the Quad leaders to exchange views about developments in the Indo-Pacific and contemporary global issues of mutual interest.

Meals or mobiles, he sees an opportunity others don't

Meals or mobiles, he sees an opportunity others don't

Rediff.com31 Aug 2016

'In two years there will be consolidation. Look at the Indian brands now. Only three of us are surviving, many others have died. What will differentiate us are two things -- timing of our launches in the market and the communication to the consumer," Narendra Bansal, CMD of Intex, tells Arnab Dutta.

ITC adopting disruptive business models as part of strategy reset

ITC adopting disruptive business models as part of strategy reset

Rediff.com11 Aug 2021

ITC has extensively reset its strategy and will explore opportunities to craft disruptive business models to set up structural drivers helmed by digital and sustainability for its next horizon of growth and make the company future-ready, chairman Sanjiv Puri said on Wednesday. The company is pursuing an accelerated journey to build a dynamic utureTech' enterprise by investing in cutting-edge digital technologies to shape a new paradigm of competitiveness, create innovative business models and tap newer opportunities, he said while addressing shareholders at ITC's virtual annual general meeting. As part of the next horizon vision, the company is "proactively exploring inorganic opportunities" even as it has shrunk "business segments that were incongruent to our growth aspirations, such as the Lifestyle Retailing Business" while the existing growth platforms comprising megabrands will be scaled up and fortified.

A peek into Mukesh Ambani's big retail push

A peek into Mukesh Ambani's big retail push

Rediff.com26 Jul 2021

Mukesh Ambani's Reliance group has struck acquisition deals worth $4.2 billion with a dozen companies in just two years to expand its retail business. The latest purchase was of a majority stake in Justdial for Rs 3,497 crore. Elaborating on his acquisition strategy a few weeks ago during the AGM, Ambani stated that one of the key planks would be to acquire businesses that enhanced Reliance's offerings and experiences to customers and that they would be both physical and digital.

Is iPhone X 'the future of the smartphone'?

Is iPhone X 'the future of the smartphone'?

Rediff.com13 Sep 2017

Price, specifications, features and all that you need to know about Apple's hot new 10th anniversary phone.

The BMW Mini Countryman is here!

The BMW Mini Countryman is here!

Rediff.com8 Feb 2018

BMW also unveiled its electric car i3s and hybrid vehicle i8 Roadster along with a slew of other top-end models at the Auto Expo 2018.

India joins 11 nations in another US-led China-centric group

India joins 11 nations in another US-led China-centric group

Rediff.com23 May 2022

India on Monday joined a US-led initiative to set up an Indo-Pacific Economic Framework to bind partner countries to achieve common goals, with Prime Minister Narendra Modi asserting that New Delhi will work with the stakeholders to make it an "inclusive and flexible" structure to pave the way for development, peace and prosperity in the region.

Reliance Q3 net jumps 41.5%

Reliance Q3 net jumps 41.5%

Rediff.com21 Jan 2022

Reliance Industries on Friday reported a 41.5 per cent jump in its third quarter net profit as oil, retail and telecom businesses fired on all cylinders. Net profit of Rs 18,549 crore in October-December compared with Rs 13,101 crore a year back, the company said in a stock exchange filing. Income from operations rose to Rs 1.91 lakh crore from Rs 1.28 lakh crore.

Telcos will be able to invest fearlessly: Sunil Mittal

Telcos will be able to invest fearlessly: Sunil Mittal

Rediff.com15 Sep 2021

Telecom operator Bharti Airtel Chairman Sunil Mittal on Wednesday said the telecom sector reforms approved by the Cabinet will ensure that the industry is able to invest fearlessly, and the company will respond to Prime Minister Narendra Modi's call to invest and accelerate the country's growth. Among a series of breathers for the stressed telecom sector, the Cabinet has approved the inclusion of revenues earned only from telecom services in the adjusted gross revenue (AGR), and the removal of penalty on dues to be paid to the government prospectively. Mittal congratulated and thanked the government for undertaking these seminal reforms to lift an industry that is at the core of his Digital India vision.

MUST SEE: Stunning concept cars!

MUST SEE: Stunning concept cars!

Rediff.com20 Jul 2016

These cars may or may not get produced commerically, although some of them do hit the roads.

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.

SoftBank warns its portfolio firms of cost cutting

SoftBank warns its portfolio firms of cost cutting

Rediff.com20 Aug 2022

After a recent fall in profit, Masayoshi Son of SoftBank announced that the Japanese tech investor will look at dramatic cost-cutting. Before he does that, investments in India for calendar year 2022 (CY22) will fall radically, observed sources in the know. Last year, the company had invested around $3.2-3.5 billion in the Indian start-up ecosystem - almost 10 per cent of the total investment the sector received. For CY22, the investments may not even touch $1 billion.

Mittal flags high litigation in telecom sector

Mittal flags high litigation in telecom sector

Rediff.com8 Dec 2021

Bharti Airtel chairman Sunil Mittal on Wednesday said the regulatory regime needs to be simple to avoid fresh litigations in the telecom sector, asserting that collaboration among competing players, lower duties and reduction in spectrum pricing will help unleash the full potential of the industry. The telecom czar noted that the "temperature" of the industry needs to be lowered when it comes to litigations and appealed to the government to look into the matter. The timely reforms that were announced brought in cheer and heightened comfort for all the active players in the sector, Mittal said and urged the industry counterparts to focus on building the next wave of connectivity in the run-up to 5G and beyond.

Ola to launch e-scooter in July

Ola to launch e-scooter in July

Rediff.com22 Apr 2021

Ola Electric on Thursday said it will bring its electric scooter to the Indian market in July this year, and is working on setting up a 'Hypercharger Network' to include one lakh charging points across 400 cities. Last year, Ola had announced a Rs 2,400 crore investment for setting up its first electric scooter factory in Tamil Nadu. Upon completion, the factory will create nearly 10,000 jobs and will be the world's largest scooter manufacturing facility that will initially have an annual capacity of 2 million units.

Maruti shows off its futuristic Concept car at Auto Expo

Maruti shows off its futuristic Concept car at Auto Expo

Rediff.com7 Feb 2018

Named ConceptFutureS, it is a uniquely styled compact car with distinct SUV like characters and will define the next generation of design for compact vehicles in India, the company said.

Mutual Funds' Rs 100 Trillion Opportunity

Mutual Funds' Rs 100 Trillion Opportunity

Rediff.com23 Mar 2023

Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.

Mukesh Ambani looks to repeat telecom feat in new energy

Mukesh Ambani looks to repeat telecom feat in new energy

Rediff.com8 Aug 2022

Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years. Having pledged Rs 6 lakh crore on green energy, Ambani says RIL will scale up investments in this business which will start going live in the next 12 months. "Over the next 12 months our investments across the Green Energy value chain will gradually start going live, scaling up over the next couple of years," Ambani, chairman and managing director of RIL, said in the company's latest annual report.

Automakers in India gear up to launch affordable EVs

Automakers in India gear up to launch affordable EVs

Rediff.com22 Dec 2021

India's electric mobility goal, which has so far been riding on two wheels, is all set to graduate to four wheels. At least, the journey has begun. Hyundai Motor India said it would invest Rs 4,000 crore till 2028 to launch half-a-dozen electric vehicles (EVs) in India. It would eventually straddle premium and mass segments. The first of these - the electrified version of an internal combustion engine (ICE)-powered model - will go on sale as early as next year.

Vodafone and Idea are now 'Vi'

Vodafone and Idea are now 'Vi'

Rediff.com7 Sep 2020

The brand integration not only marks the completion of the largest telecom merger in the world, but will also set the company on its future journey to offer strong digital experiences to 1 billion Indians on its 4G network.

Onboarding of e-commerce giants crucial to ensure success of ONDC

Onboarding of e-commerce giants crucial to ensure success of ONDC

Rediff.com15 Sep 2022

When Open Network for Digital Commerce (ONDC) was conceived last December, the idea was to reduce the dominance of e-commerce giants like Amazon and Flipkart. It was also to bring in a level-playing field for small merchants in India's fragmented but fast-growing $1-trillion retail market. However, those goals have changed now as large e-commerce players such as Flipkart, Amazon and Ecom Express are in various levels of talks with the ONDC team. They want to form partnerships like integrating with the network as well as providing their expertise to build it, according to the industry sources.

M&M unveils 6 new electric concept vehicles

M&M unveils 6 new electric concept vehicles

Rediff.com13 Feb 2018

M&M also showcased its new format next generation 'dealership of future' designed by Pininfarina.

What India Inc says about Budget 2022

What India Inc says about Budget 2022

Rediff.com2 Feb 2022

Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?

Bangalore neighbourhood's toxic air threatens India's future

Bangalore neighbourhood's toxic air threatens India's future

Rediff.com22 May 2015

Once called India's garden city, this upper middle-class residential area in Bangalore has India's most toxic air, says Devanik Saha, IndiaSpend.com.

Manmohan Singh releases Congress manifesto, promises better future for Punjab

Manmohan Singh releases Congress manifesto, promises better future for Punjab

Rediff.com9 Jan 2017

Hailing the Congress manifesto as a visionary document promising to shape a better future for Punjab, Dr Singh said the Parkash Singh Badal-led government mismanaged the state and failed to harness its full potential.

Kerala Needs To Confront Reality

Kerala Needs To Confront Reality

Rediff.com22 Nov 2021

Beginning with the bird's eye view of itself -- a narrow state of hills, rivers and high population density, in a tapering part of the Indian subcontinent. It can be a beautiful place shaped by aesthetic founded in appropriate lifestyle and progressive views, or a junkyard shaped by money and what money buys. The choice is Kerala's, notes Shyam G Menon.

Flipkart to roll out EVs for last-mile deliveries

Flipkart to roll out EVs for last-mile deliveries

Rediff.com28 Jun 2019

The aim is to replace nearly 40 per cent of its existing last mile fleet of delivery vans with EVs by March 2020. o start with, the company is looking at deploying nearly 160 e-vans by the end of 2019.

'Rahul Gandhi should retire and not harm the Congress further'

'Rahul Gandhi should retire and not harm the Congress further'

Rediff.com3 Oct 2022

'Putra-moh Congress ko nasht kar raha hai (Sonia Gandhi's love for Rahul Gandhi is destroying the Congress).'

Modi, Macron discuss ways to further expand strategic partnership

Modi, Macron discuss ways to further expand strategic partnership

Rediff.com5 May 2022

Prime Minister Narendra Modi and French President Emmanuel Macron held extensive discussions on a range of bilateral and pressing global issues, including the raging conflict in Ukraine, the situation in the Indo-Pacific and terrorism, as the two top leaders agreed on a blueprint to work together in making the India-France strategic partnership a force for global good.

Why Tata Sons hiked stake in Tata Motors

Why Tata Sons hiked stake in Tata Motors

Rediff.com19 Feb 2019

The transaction - the second one in less than a year - is seen as an effort to restore investor faith in the company following a dismal performance by its UK subsidiary, Jaguar Land Rover Automotive.

6 reasons why start-ups succeed

6 reasons why start-ups succeed

Rediff.com13 Aug 2015

A start-up that just focuses on discounting for growth without a balancing effort towards product will soon find itself riding a tiger that's impossible to get off from.

Facebook users cross 100 million in India, largest outside US

Facebook users cross 100 million in India, largest outside US

Rediff.com9 Apr 2014

Social media giant Facebook has crossed 100 million active users in India, its largest base outside the US.

When R K Krishna Kumar Spoke To Rediff

When R K Krishna Kumar Spoke To Rediff

Rediff.com2 Jan 2023

Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.