News for 'advanced manufacturing'

A Breakthrough In Nipah Virus Research

A Breakthrough In Nipah Virus Research

Rediff.com5 Jun 2024

This will also help test the effectiveness of preventing the entry of Nipah in target cells.

Modi-Putin summit: 'No solution on battlefield'

Modi-Putin summit: 'No solution on battlefield'

Rediff.com9 Jul 2024

Ahead of Modi-Putin talks, the US called upon India to make it clear to Russia that any resolution of the Ukraine conflict must respect the United Nations charter and Ukraine's territorial integrity and sovereignty.

Archery official converts factory into PPE manufacturing unit

Archery official converts factory into PPE manufacturing unit

Rediff.com28 Apr 2020

The 56-year-old has about 30 employees on the job who work to mass produce face masks, gloves and gowns for frontline workers. They manufacture about 1000 PPE gowns, which are supplied to his friend's company for wholesale distribution.

India's GDP grows 7.8% in Q4; 8.2% in FY24

India's GDP grows 7.8% in Q4; 8.2% in FY24

Rediff.com31 May 2024

India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released on Friday. Growth in the January-March period was lower than the 8.6 per cent expansion in the December quarter.

Will Nirmalaji Cheer The Markets?

Will Nirmalaji Cheer The Markets?

Rediff.com17 Jul 2024

'We are confident that over the next few years the government will strike a fine balance between populist measures and growth, and manage coalition partners well.'

CNG Vehicles Ride Past Diesel In Sales Race

CNG Vehicles Ride Past Diesel In Sales Race

Rediff.com13 Aug 2024

'Primary buyers are commercial taxi and fleet operators and small businessmen.' 'CNG prices have been remarkably stable unlike petrol.'

After breaching 75,000, Sensex settles 59 pts lower

After breaching 75,000, Sensex settles 59 pts lower

Rediff.com9 Apr 2024

From the Sensex basket, Titan, Reliance Industries, Asian Paints, Tech Mahindra, IndusInd Bank, UltraTech Cement, Wipro and ITC were the major laggards. ICICI Bank, Infosys, Bajaj Finserv, Tata Steel, Axis Bank, Bajaj Finance, Nestle and Mahindra & Mahindra were among the major gainers.

After LAC tension, now China helps Pak boost military infra along LoC

After LAC tension, now China helps Pak boost military infra along LoC

Rediff.com29 May 2024

This move is seen as part of efforts to strengthen China's ties with Pakistan and safeguard Chinese investments in Pakistan-occupied Kashmir, particularly related to the China-Pakistan Economic Corridor.

Tatas' Gujarat semiconductor fab will create over 20K jobs

Tatas' Gujarat semiconductor fab will create over 20K jobs

Rediff.com29 Feb 2024

Tata Electronics' Rs 91,000 crore semiconductor fab in Dholera, Gujarat, in partnership with PSMC, will generate over 20,000 direct and indirect skilled jobs in the region and construction of the mega unit is expected to begin this year, according to a statement on Thursday. The planned unit - India's first commercial fab, marks Tata Electronics' entry into the global semiconductor industry. Tata Electronics said it is "proud to lead India's entry into global semiconductor fabrication".

'Quad is here to stay': Modi's message to China at Leaders' Summit

'Quad is here to stay': Modi's message to China at Leaders' Summit

Rediff.com22 Sep 2024

Prime Minister Narendra Modi has said that the Quad is not against anyone, but for a rules-based international order and respect for sovereignty, in a veiled reference to China.

IAF flew more than 1,000 hours in over 1,750 sorties during LS polls

IAF flew more than 1,000 hours in over 1,750 sorties during LS polls

Rediff.com12 Jun 2024

"The IAF played a vital role in five of the seven phases of the general elections, flying over 1,000 hours in over 1,750 sorties," it said.

Aatmanirbharta not at cost of nation's defence, says vice air chief

Aatmanirbharta not at cost of nation's defence, says vice air chief

Rediff.com19 Jul 2024

The ongoing Russia-Ukraine conflict has demonstrated the integration of multiple forces in domains of air, land, sea, cyber, information and space, and how they are "united" to achieve the goal, Vice Chief of the Air Staff, Air Marshal A P Singh, said on Friday.

'Need to make Auto Exports a national mission'

'Need to make Auto Exports a national mission'

Rediff.com26 Sep 2023

'There is a need for a national task force with a singular objective to increase automotive exports.'

No advance payments, says Bharat Biotech as Brazil suspends deal

No advance payments, says Bharat Biotech as Brazil suspends deal

Rediff.com30 Jun 2021

"We suspended the deal as a simple preventive measure, since there are complaints that could not be explained well by the complainant, so we opened a preliminary investigation last week," said Rosario, head of the Federal Comptroller General.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com31 Mar 2024

The Reserve Bank of India's interest rate decision, macroeconomic data and global trends will drive investors' sentiment this week, with markets hoping to continue the positive momentum after ending FY24 on a buoyant note, analysts said. In addition, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude would also influence trading in equity markets. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in the 2023-24.

Revealed: Swiggy, Ola, Flipkart's IPO Plans

Revealed: Swiggy, Ola, Flipkart's IPO Plans

Rediff.com7 Feb 2024

Layoffs, corporate restructuring, governance and most importantly profitability: The 14 Indian startups that plan IPOs this year are pulling out all the stops to ensure successful market debuts.

RBI raises GDP growth projection to 7.2% for FY25

RBI raises GDP growth projection to 7.2% for FY25

Rediff.com7 Jun 2024

The Reserve Bank of India on Friday revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival of demand in rural areas. Unveiling the bi-monthly monetary policy, RBI Governor Shaktikanta Das said estimates released by the National Statistical Office (NSO) placed India's real gross domestic product (GDP) growth at 8.2 per cent in 2023-24. "During 2024-25 so far, domestic economic activity has maintained resilience," he said, adding that manufacturing activity continues to gain ground on the back of strengthening domestic demand.

Lok Sabha polls: World's largest peacetime movement of men and machine

Lok Sabha polls: World's largest peacetime movement of men and machine

Rediff.com17 Mar 2024

Around 1.5 crore polling and security personnel, about 55 lakh EVMs and four lakh vehicles will be deployed for the polls, according to the poll authority.

Navy gets 1st India-made drone from Adani Defence

Navy gets 1st India-made drone from Adani Defence

Rediff.com10 Jan 2024

Hari Kumar lauded Adani's efforts in aligning their roadmap to the requirements of the Indian Navy and establishing an ecosystem of partners and capabilities to enable Aatmanirbharta in defence and security.

India Needs A National Security Strategy

India Needs A National Security Strategy

Rediff.com4 Oct 2024

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).

Atmanirbharta Complicates India-US Arms Deals

Atmanirbharta Complicates India-US Arms Deals

Rediff.com17 Feb 2024

Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.

'Without incentives people will not purchase EVs'

'Without incentives people will not purchase EVs'

Rediff.com8 Jun 2024

'Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. '

'Jobs Have Evolved, Skill Sets Haven't'

'Jobs Have Evolved, Skill Sets Haven't'

Rediff.com29 Aug 2024

'India has a skill shortage of 56%.' 'This is a very interesting paradox -- the unemployment rate is 6% to 7%, and at the same time 20% of those qualified are unemployed.'

Analysts remain selective about space-related stocks

Analysts remain selective about space-related stocks

Rediff.com7 Mar 2024

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.

Why This 2-Time MP Won't Contest Polls

Why This 2-Time MP Won't Contest Polls

Rediff.com2 Feb 2024

'If businessmen should be included in the political process -- which is essential in my opinion -- they need to have the freedom to express themselves and to take stands against the government of the day, without fear of reprisals and attacks on their business.'

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Rediff.com11 Jun 2024

Nasdaq-listed Cognizant Technology Solutions has signed a definitive agreement to acquire global engineering company Belcan for about $1.3 billion (Rs 10,853.7 crore) in cash and stock. The transaction is expected to close in the September quarter. The total consideration includes $1.19 billion (Rs 9,935.31 crore) in cash and 1.47 million Cognizant shares, valued at $97 million (Rs 809.53 crore) based on the information technology services provider's closing share price on June 7, 2024.

What does Piyush Goyal's Tesla visit mean?

What does Piyush Goyal's Tesla visit mean?

Rediff.com14 Nov 2023

Commerce and Industry Minister Piyush Goyal has visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California and said that the company would be doubling its auto components imports from India. The minister is in the US on a four-day visit. The world's largest electric car producer Tesla Inc's chief Elon Musk met Prime Minister Narendra Modi in June in New York and after the meeting Musk had said that he planned to visit India in 2024.

What's taking the sheen off Sivakasi's firecracker sales?

What's taking the sheen off Sivakasi's firecracker sales?

Rediff.com30 Oct 2023

A complete ban on firecrackers in Delhi until January 1, the government's refusal to grant licences for sales in Karnataka, and restrictions in the Noida region are adversely affecting the business of manufacturers in Tamil Nadu's Sivakasi, which produces over 90 per cent of India's fireworks. According to industry players, demand has decreased by 20 per cent compared to last year. Moreover, the ban on the use of barium nitrate and the manufacturing and sale of joint fireworks is also impacting demand.

How Modi govt plans to protect domestic manufacturers

How Modi govt plans to protect domestic manufacturers

Rediff.com30 Mar 2021

The central government is devising a mechanism to step up screening imports to protect domestic manufacturers. The details of the online monitoring system may find mention in the foreign trade policy 2021-26, which will kick in next month. The online system will make the data available to the government as well as industry about the countries from where the goods are being imported, and their quantity and quality. The data can help domestic producers analyse the market potential for such goods, said a senior government official. In the past 16 months, the government had implemented a steel- and coal-import monitoring system.

India in advanced stage talks with US to procure MQ-9B drones for LAC vigil

India in advanced stage talks with US to procure MQ-9B drones for LAC vigil

Rediff.com21 Aug 2022

The sources said the talks are focused on sorting out certain issues relating to cost component, weapons package and technology sharing.

Manufacturing fell to 5-month low in March

Manufacturing fell to 5-month low in March

Rediff.com3 Apr 2018

The Nikkei India Manufacturing Purchasing Managers Index (PMI), fell from 52.1 in February to a five-month low of 51.0 in March, indicating the slowest improvement in operating conditions recorded by the survey since last October.

40 Years Of Operation Meghdoot!

40 Years Of Operation Meghdoot!

Rediff.com15 Apr 2024

Operation Meghdoot was launched on April 13, 1984, when the Indian Army and IAF advanced to the Siachen Glacier to secure the heights dominating the northern Ladakh region

'We Are Frittering Away The Demographic Dividend'

'We Are Frittering Away The Demographic Dividend'

Rediff.com27 Jun 2024

'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'

Making Drones For India's Villages

Making Drones For India's Villages

Rediff.com16 May 2024

'From our survey we found that there was a problem in the agricultural sector and drones could solve the problem.'

Biden, Modi likely to take forward GE jet engine deal

Biden, Modi likely to take forward GE jet engine deal

Rediff.com8 Sep 2023

United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.

China Threat Leads India Japan To Boost Defence Ties

China Threat Leads India Japan To Boost Defence Ties

Rediff.com22 Aug 2024

The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.

India readies plan to be a global semiconductor giant

India readies plan to be a global semiconductor giant

Rediff.com13 Mar 2024

Prime Minister Narendra Modi virtually laid the foundation stone for a Rs 27,000-crore semiconductor assembly and test facility in Assam's Morigaon district on Wednesday. Chief Minister Himanta Biswa Sarma, who was present at the event organised at the site of the facility in Jagiroad, said today is a landmark day for Assam and the North East. "Hon'ble Prime Minister Shri Narendra Modi Ji is laying the foundation stone for the Rs 27,000 crore Tata Semiconductor Assembly and Test facility at Jagiroad," the chief minister posted on 'X'.

Companies Plan Yoga Day Celebration

Companies Plan Yoga Day Celebration

Rediff.com21 Jun 2024

'An in-house contest encourages employees to share yoga and well-being practices with their families.'

EPL PIX: Wins for Liverpool, Chelsea and Spurs

EPL PIX: Wins for Liverpool, Chelsea and Spurs

Rediff.com22 Sep 2024

IMAGES from the Premier League matches played on Saturday.

Tractor stocks may have bumpy ride in near-term; stay selective: Analysts

Tractor stocks may have bumpy ride in near-term; stay selective: Analysts

Rediff.com8 Mar 2024

After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).