News for 'advanced manufacturing'

'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. '

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).

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.

'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.'

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.

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

Sensex, Nifty advance on gains in IT, FMCG stocks

Sensex, Nifty advance on gains in IT, FMCG stocks

Rediff.com15 Nov 2021

Stock market barometers Sensex and Nifty ended marginally higher on Monday as rise in wholesale inflation capped early gains despite a positive trend in global markets. The 30-share index settled 32.02 points or 0.05 per cent higher at 60,718.71 with half of its constituents ending in green. The broad based Nifty edged up 6.70 points or 0.04 per cent to close at 18,109.45.

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.'

'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.'

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'.

Advance tax outgo affected by currency recall

Advance tax outgo affected by currency recall

Rediff.com16 Dec 2016

Consumer goods, durables, automobiles worst hit.

Modi sees India's manufacturing output to grow by $520 bn in 5 yrs

Modi sees India's manufacturing output to grow by $520 bn in 5 yrs

Rediff.com5 Mar 2021

Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years. Addressing a webinar on PLI scheme, organised by Department of Industry and International Trade (DPIIT) and NITI Aayog, through video conference, Modi said the government is continuously carrying out reforms to boost domestic manufacturing. In this year's Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that the scheme would result in increasing the production by about $520 billion in the next five years", he said. He added that there is also an expectation that the current workforce in the sectors, which will avail the benefits of the PLI scheme, will be doubled and job creation will also increase.

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.

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.'

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).

Why defence manufacturing fights an uphill battle

Why defence manufacturing fights an uphill battle

Rediff.com28 Feb 2017

The defence sector is seeing renewed interest by Indian corporates, says Jyoti Mukul

Solar scheme: 1 cr families to save Rs 18K cr a year, says FM

Solar scheme: 1 cr families to save Rs 18K cr a year, says FM

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday said Pradhanmantri Suryodaya Yojana will enable one crore families to get up to 300 units of free electricity monthly and help them save up to Rs 18,000 annually. "There is provision of Rs 10,000 crore for rooftop solar (scheme) in the Budget," said finance secretary T V Somanathan in press conference on Budget later in the day. Earlier in the day Sitharaman in her interim Budget speech said through rooftop solarisation, one crore households will be enabled to obtain up to 300 units of free electricity each month.

Sensex falls 379 pts on profit taking in bank & IT stocks

Sensex falls 379 pts on profit taking in bank & IT stocks

Rediff.com2 Jan 2024

Among the Sensex firms, Kotak Mahindra Bank, UltraTech Cement, Mahindra & Mahindra, Larsen & Toubro, ICICI Bank, IndusInd Bank, Wipro and Hindustan Unilever were the major laggards. Sun Pharma, Bajaj Finance, Bharti Airtel, Reliance Industries, Bajaj Finserv and Titan were among the winners.

Airbus hands over first C-295 aircraft to IAF in Spain

Airbus hands over first C-295 aircraft to IAF in Spain

Rediff.com13 Sep 2023

The C295 is known to be a superior aircraft used for tactical transport of up to 71 troops or 50 paratroopers, and for logistic operations to locations that are not accessible to current heavier aircraft.

Obama plans twin manufacturing hubs to create more jobs

Obama plans twin manufacturing hubs to create more jobs

Rediff.com26 Feb 2014

US President Barack Obama has announced setting up of manufacturing hubs in Michigan and Chicago, asserting that he wanted the next big job-creating discovery to be made in America.

IAF's New Transport Aircraft Makes Maiden Flight

IAF's New Transport Aircraft Makes Maiden Flight

Rediff.com9 May 2023

The Airbus C-295 can carry up to 71 troops, or 50 paratroopers with battle loads. It can ferry supplies to locations inaccessible to the IAF's heavy transport fleet.

2024: 4 High-Demand Blue Collar Skills

2024: 4 High-Demand Blue Collar Skills

Rediff.com11 Jan 2024

Interpersonal skills like communication, co-operation and teamwork are valued for fostering a positive and productive work environment.

Semiconductor, deep tech to be in focus at the India Mobile Congress

Semiconductor, deep tech to be in focus at the India Mobile Congress

Rediff.com18 Oct 2023

The three-day India Mobile Congress (IMC) will showcase the widening convergence of telecom with new domains, such as semiconductors and deep tech, P Ramakrishna, the forum's chief executive officer, said on Tuesday. With more than 250 global and domestic exhibitors, the seventh edition is expected to draw more than 100,000 visitors this year, he said. There will also be over 5,000 CXO-level delegates and more than 350 speakers.

Bharat Electronics' growth story is intact after excellent Q4 performance

Bharat Electronics' growth story is intact after excellent Q4 performance

Rediff.com29 May 2024

Bharat Electronics (BEL) reported excellent results for the January-March quarter (Q4) of FY24, which were driven by decent EBITDA margins and higher PAT as well as good revenue growth. Order inflows were also good. BEL is a major beneficiary of the policy of defence indigenisation.

Achche Din is here? GDP seen to grow by 7.3%

Achche Din is here? GDP seen to grow by 7.3%

Rediff.com5 Jan 2024

As per the first advance estimates of national income released by the National Statistical Office (NSO) on Friday, the manufacturing sector output is estimated to grow to 6.5 per cent in the current fiscal compared to 1.3 per cent in 2022-23. Similarly, mining sector growth is estimated at 8.1 per cent in the current fiscal against 4.1 per cent in 2022-23.

Top 5: Two-wheeler manufacturers of India

Top 5: Two-wheeler manufacturers of India

Rediff.com11 Feb 2013

Who is ruling the booming two-wheeler market in India? Read on to find out more!

Govt junks Tesla's demand for company-specific incentives

Govt junks Tesla's demand for company-specific incentives

Rediff.com1 Dec 2023

India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. If the government has to consider providing incentives then it will only be for all EV makers and entrants who want to come to India, the official said. The official added that inter-ministerial discussions have happened on the customs duty concession demand of the US-based electric car maker Tesla, but "we never" came to any conclusion on those.

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.

Will haste over local manufacture see handset makers shut shop?

Will haste over local manufacture see handset makers shut shop?

Rediff.com8 Feb 2019

The government's stated vision is that it wants to make India a manufacturing hub and that is where such a rush or confusing policies don't help, reports Shubhomoy Sikdar.

India plans to make 3 new spy planes on Airbus-319 platform

India plans to make 3 new spy planes on Airbus-319 platform

Rediff.com6 Feb 2024

The project would be carried out indigenously and the majority of the technology and equipment to be used would be made in India.

Navy boosts coastal anti-submarine ops with launch of 2 new warships

Navy boosts coastal anti-submarine ops with launch of 2 new warships

Rediff.com13 Mar 2024

The two anti-submarine warfare shallow watercraft built by Garden Reach Shipbuilders and Engineers Limited were launched by Neeta Chaudhari, wife of Chief of Air Staff of Indian Air Force, Air Chief Marshal V R Chaudhari.

GE Aerospace to produce fighter jet engines in India

GE Aerospace to produce fighter jet engines in India

Rediff.com22 Jun 2023

The pact is significant as India has been sourcing its military jets from Russia and European consortia.

National-level shooter loses left thumb after pistol's gas cylinder explosion

National-level shooter loses left thumb after pistol's gas cylinder explosion

Rediff.com4 Dec 2023

In a bizarre incident, a national-level shooter recently lost his left thumb when the 10m air pistol cylinder he was filling exploded, at the Karni Singh Range.

''India can be global manufacturing hub

''India can be global manufacturing hub

Rediff.com26 Aug 2003

The Indian manufacturing sector has the potential to emerge as the global hub, especially on account of its skilled manpower, advanced technology and software expertise.

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Rediff.com23 May 2024

Several firms are stepping up to help their workforce cope with soaring temperatures

Army may replace Cheetah, Chetak helicopter fleet with LUH from 2027

Army may replace Cheetah, Chetak helicopter fleet with LUH from 2027

Rediff.com8 Nov 2023

While the Army will be getting around 100 light utility helicopters, it is also looking at the option of taking choppers on lease to meet its requirement.

Can India's Zorawar Match China's ZTQ-15?

Can India's Zorawar Match China's ZTQ-15?

Rediff.com17 Jan 2024

DRDO's latest tank will face trial in Rajasthan's summer which will be followed by 'user trials' ahead of facing battle in high-altitude deserts of eastern Ladakh and Sikkim, reports Ajai Shukla.

CBI arrests BRS leader Kavitha in Tihar jail in corruption case

CBI arrests BRS leader Kavitha in Tihar jail in corruption case

Rediff.com11 Apr 2024

The CBI on Thursday arrested Bharat Rashtra Samithi (BRS) leader K Kavitha in connection with a corruption case linked to the alleged Delhi excise policy scam, officials said.

Govt okays maritime aircraft among Rs 84,560-cr defence buy

Govt okays maritime aircraft among Rs 84,560-cr defence buy

Rediff.com16 Feb 2024

The proposals cleared by the DAC include new-generation anti-tank mines, air defence tactical control radar, heavy-weight torpedoes, medium-range maritime reconnaissance and multi-mission maritime aircraft, flight refueller aircraft and software-defined radios.

India's first long-range revolver 'Prabal' launched

India's first long-range revolver 'Prabal' launched

Rediff.com19 Aug 2023

The .32 bore revolver is capable of accurately hitting targets up to 50 metres away.