News for 'advanced manufacturing'

Bharat Biotech making single-dose intranasal Covid vaccine

Bharat Biotech making single-dose intranasal Covid vaccine

Rediff.com21 Apr 2021

Efforts are being ramped up for massive production of vaccines and make them available in the shortest possible time, a top government official said on Wednesday, stressing that India currently has a promising pipeline of four-five Covid-19 vaccine candidates, while three have already been approved for emergency use.

Pathaan Review: Shah Rukh Wows And How!

Pathaan Review: Shah Rukh Wows And How!

Rediff.com25 Jan 2023

Shah Rukh Khan's weathered intensity, grizzly charisma and trademark wit lends Pathaan's all-out, devil-may-care antics a sense of purpose that evades mindless acts of mayhem, cheers Sukanya Verma.

MoD's Big Made In India Push

MoD's Big Made In India Push

Rediff.com3 Aug 2022

Banning the import of platforms that are already being built in India serves little purpose.

Govt approves procurement of military hardware worth Rs 13,165 cr

Govt approves procurement of military hardware worth Rs 13,165 cr

Rediff.com29 Sep 2021

The cost of acquiring the advanced light helicopters from the state-run Hindustan Aeronautics Ltd (HAL) has been estimated at Rs 3,850 crore while a batch of rocket ammunition will cost Rs 4,962 crore, the defence ministry said.

Delhi excise case: ED arrests AAP leader, Hyderabad businessman

Delhi excise case: ED arrests AAP leader, Hyderabad businessman

Rediff.com14 Nov 2022

The Enforcement Directorate (ED) has arrested Aam Aadmi Party communication in-charge Vijay Nair and businessman Abhishek Boinpally in connection with its ongoing money laundering probe into the Delhi Excise policy that was scraped following corruption allegations, official sources said Monday.

Will syringe shortage puncture India's Covid vaccine plans?

Will syringe shortage puncture India's Covid vaccine plans?

Rediff.com14 Oct 2021

Will syringe shortage puncture India's Covid vaccine plans?

China plane crash: India puts Boeing 737 fleets on 'enhanced surveillance'

China plane crash: India puts Boeing 737 fleets on 'enhanced surveillance'

Rediff.com21 Mar 2022

Three Indian carriers -- SpiceJet, Vistara and Air India Express -- have Boeing 737 aircraft in their fleets.

Trade pact with Israel 'only when we get a good deal', says Goyal

Trade pact with Israel 'only when we get a good deal', says Goyal

Rediff.com7 Sep 2022

The proposed India-Israel trade pact should be beneficial to both nations and until New Delhi gets a good deal, it would not do an agreement, Commerce and Industry Minister Piyush Goyal said. India and Israel are negotiating a free trade agreement (FTA) since May 2010. "With Israel, until we get a good deal, we will not do an FTA. It has to be reciprocally beneficial," the minister said in San Francisco on Tuesday while interacting with the Indian community.

British firm to invest up to Rs 1,925 cr in Mahindra's EV biz

British firm to invest up to Rs 1,925 cr in Mahindra's EV biz

Rediff.com8 Jul 2022

Mahindra & Mahindra (M&M) and the British International Investment (BII) have inked a pact to invest Rs 1,925 crore each in a wholly-owned subsidiary of the home-grown auto major to focus on four-wheel passenger electric vehicles. The Mumbai-based automaker and BII have executed a binding agreement to invest in the new entity -- "EV Co". According to the pact, BII will invest up to Rs 1,925 crore in the form of compulsory convertible instruments at a valuation of up to Rs 70,070 crore, resulting in 2.75 per cent to 4.76 per cent ownership in the EV Co, M&M said in a regulatory filing. EV Co will focus on four-wheel (4W) passenger electric vehicles, it added.

Notice to ayurvedic drugs firm for misleading Covid claims

Notice to ayurvedic drugs firm for misleading Covid claims

Rediff.com20 Apr 2021

The company claimed that its product is "three times better than remdesivir and that 'AAYUDH Advance starts where vaccines stop'."

Can't ramp up vaccine production overnight: SII's Adar Poonawalla

Can't ramp up vaccine production overnight: SII's Adar Poonawalla

Rediff.com3 May 2021

Poonawalla, who is in London, however, noted that the company is making every effort to enhance production of Covishield amid the second wave of COVID in the country.

India, US to set up high-level working group on IPR

India, US to set up high-level working group on IPR

Rediff.com1 Oct 2014

New Delhi has always maintained that its IPR regime is fully compliant with all international laws.

Euro: High-tech machines, luxurious beds for Spain players

Euro: High-tech machines, luxurious beds for Spain players

Rediff.com17 Jun 2021

The machine will replace hyperbaric oxygen chambers which the team have stopped using since Sergio Busquets tested positive for COVID-19 this month.

Navy's new submarines will cost $1 bn each

Navy's new submarines will cost $1 bn each

Rediff.com28 Jul 2021

Building 6 conventional submarines is one of the Indian Navy's most important weapon construction programmes.

Walk-in vaccination for age group 18-45 not allowed

Walk-in vaccination for age group 18-45 not allowed

Rediff.com25 Apr 2021

Amid an unprecedented surge in coronavirus cases in the country, the government has decided to allow everyone above 18 years of age to get vaccinated from May 1.

HDFC Bank shifts tack to focus on wholesale loans

HDFC Bank shifts tack to focus on wholesale loans

Rediff.com27 Apr 2022

Defying trends, the country's largest private sector lender, HDFC Bank, has shifted its asset mix significantly towards high-rated segments. As a result, its wholesale-to-retail mix has tilted heavily in favour of wholesale, even at the cost of margins. Further, it is even looking to ramp up its branch network, with an aim to service clients within a 1-2 km radius rather than the current 5-6 km radius.

Record 85.15 lakh doses given on Day 1 of free vaccine for all

Record 85.15 lakh doses given on Day 1 of free vaccine for all

Rediff.com22 Jun 2021

India's cumulative COVID-19 vaccination coverage was recorded at over 28.36 crore since January 16, according to the data from the Co-WIN portal.

Charge officers sitting over vaccine production with manslaughter: HC

Charge officers sitting over vaccine production with manslaughter: HC

Rediff.com2 Jun 2021

Officers sitting over untapped potential to make COVID-19 vaccines need to be charged with 'manslaughter' as it is leading to so many deaths, the Delhi high court said on Wednesday, observing that a lot of scope and infrastructure is available in India which is not being used.

We need to engage world as who we are, not who others think we are, says Jaishankar

We need to engage world as who we are, not who others think we are, says Jaishankar

Rediff.com27 Apr 2022

India should engage the world on the basis of its confidence in its identity rather than trying to please the global community as their "pale imitation", External Affairs Minister S Jaishankar said on Wednesday amid increasing Western pressure on the country to oppose the Russian invasion of Ukraine.

Why Shibani Is Crazy About Sneakers

Why Shibani Is Crazy About Sneakers

Rediff.com23 Mar 2022

How Shibani Bhagat plans to rewrite the rules of the Indian sneaker business.

'India's young offer growth potential for auto sector'

'India's young offer growth potential for auto sector'

Rediff.com20 Jan 2023

'The semiconductor supply is constantly improving, with visible green-shoots in the situation as compared to earlier part of last year'

Auto sector poised for double-digit growth in FY23 after 3 years

Auto sector poised for double-digit growth in FY23 after 3 years

Rediff.com17 Jun 2022

While commercial vehicles are expected to benefit from strong replacement demand, the two-wheeler and tractor segments are expected to gain from a recovery in the rural economy.

Skoda Slavia deliveries to start from Q1 of 2022

Skoda Slavia deliveries to start from Q1 of 2022

Rediff.com29 Nov 2021

Stylish, sleek, a coupe-like sedan with generous amount of space is what the Slavia is all about.

Crisil, Icra lower India growth projections

Crisil, Icra lower India growth projections

Rediff.com21 Nov 2022

Rating agencies Crisil and Icra on Monday revised down their India growth projections for the current fiscal and the second quarter mainly due to the ripple effect of slowdown in global growth and mixed crop output. Crisil downgraded the India growth forecast by 30 bps to 7 per cent while Icra pegged the economic expansion at 6.5 per cent for the second quarter of FY2022-23. "We have revised down our forecast for real gross domestic product growth to 7 per cent for fiscal 2023 from 7.3 per cent, primarily because of the slowdown in global growth that has started to impact our exports and industrial activity.

Global supply chain getting redesigned, redefined, says Tata's Chandra

Global supply chain getting redesigned, redefined, says Tata's Chandra

Rediff.com22 Jul 2020

Chandrasekaran, who is the co-recipient of this year's USIBC Global Corporate Leadership Award, also said it is possible to have a limited deal between India and the US before the elections there in November if both sides work together to get something done and not try to solve all issues at once.

Air India to restore grounded planes for capacity ramp up amid competition

Air India to restore grounded planes for capacity ramp up amid competition

Rediff.com13 Jun 2022

Air India is set to increase capacity on domestic and international routes over the next few months as it overhauls its grounded aircraft. Air India has the approval to operate 2,456 flights per week in the summer schedule. This is more than a 16 per cent increase over 2020. But its international schedule has declined 41 per cent (compared to winter 2019) to 361 weekly departures.

Crew gives final touches to IAC Vikrant ahead of commissioning by Modi

Crew gives final touches to IAC Vikrant ahead of commissioning by Modi

Rediff.com26 Aug 2022

The 1,600-member crew and a slew of civilian workers were working like busy bees on Friday preparing the majestic warship IAC Vikrant for its commissioning on September 2.

Govt asks Serum, Bharat Biotech to lower COVID vaccine cost

Govt asks Serum, Bharat Biotech to lower COVID vaccine cost

Rediff.com26 Apr 2021

The Hyderabad-based Bharat Biotech has fixed the price of its COVID-19 vaccine, Covaxin, at Rs 600 per dose for state governments and at Rs 1,200 per dose for private hospitals. The Pune-based Serum Institute of India, the world's largest vaccine maker in terms of volume, has announced a price of Rs 400 per dose for its COVID-19 vaccine, 'Covishield', for state governments and Rs 600 per dose for private hospitals.

Navy commissions submarine INS Vela

Navy commissions submarine INS Vela

Rediff.com25 Nov 2021

This is the fourth of the six submarines the Indian Navy is to induct under the Kalvari-class submarine Project-75.

PM reviews India's COVID-19 vaccination strategy

PM reviews India's COVID-19 vaccination strategy

Rediff.com21 Nov 2020

Modi tweeted that the meeting discussed important issues related to the progress of vaccine development, regulatory approvals and procurement.

Army deploys K-9 Vajra howitzers in Ladakh, more orders possible

Army deploys K-9 Vajra howitzers in Ladakh, more orders possible

Rediff.com18 Feb 2021

As Indian Army chief General Manoj Mukund Naravane inducted the last of the 100 K-9 Vajra guns ordered, three of these howitzers have been deployed for trials in high altitude mountainous area of Ladakh.

Bharti, UK govt consortium win bid for bankrupt satellite firm OneWeb

Bharti, UK govt consortium win bid for bankrupt satellite firm OneWeb

Rediff.com3 Jul 2020

While Indian telecom czar Sunil Mittal's Bharti did not share deal details, UK Business Secretary Alok Sharma said his government and Bharti Global, will provide $500 million each.

IMF slashes India's FY23 GDP growth forecast to 8.2%

IMF slashes India's FY23 GDP growth forecast to 8.2%

Rediff.com20 Apr 2022

The International Monetary Fund (IMF), in its latest World Economic Outlook report, has slashed its forecast for India's FY23 gross domestic product growth to 8.2 per cent from 9 per cent, saying that higher commodity prices will weigh on private consumption and investment. This was one of the steepest cuts for emerging economies compared to the IMF's January WEO forecasts. Saying that global economic prospects have worsened significantly due to commodity price volatility and disruption of supply chains caused by the war in Europe, IMF cut its global growth outlook for calendar year 2022 to 3.6 per cent from 4.4 per cent, and said both Russia and Ukraine could experience large GDP contractions.

Tata Motors knocks out peers in SUV ring

Tata Motors knocks out peers in SUV ring

Rediff.com22 Nov 2021

Tata Motors, India's third largest passenger vehicle maker, took pole position in the competitive sport utility vehicle (SUV) market in October, reveals the data from industry sources. Riding high on the Punch - the sub-compact SUV offering launched on October 18 - the Tata group flagship sold a record 23,381 units in October, higher than 20,022 units sold by archrival Mahindra & Mahindra, 18,538 units sold by Hyundai Motor India, and 15,931 units sold by Kia Motors India. Utility vehicles - that include SUVs and multipurpose vehicles - accounted for almost one in every two passenger vehicles sold in India in the first seven months of the current financial year, according to the Society of Indian Automobile Manufacturers.

China, Not Pakistan, Is India's Enemy No 1

China, Not Pakistan, Is India's Enemy No 1

Rediff.com16 Jan 2023

16 Indian Army divisions face China, 20 face Pakistan and two divisions are reserves. This powerful signal can hardly be missed in China or Pakistan, notes Ajai Shukla.

Tejas beats China's JF-17 to emerge as Malaysia's top choice

Tejas beats China's JF-17 to emerge as Malaysia's top choice

Rediff.com3 Jul 2022

It is learnt that the Chinese JF-17 was cheaper but could not match the technical parameters of the Tejas Mk-IA variant and the offer of maintenance of the Su-30 fleet as proposed by India.

A bird drone so realistic it gets attacked by hawks!

A bird drone so realistic it gets attacked by hawks!

Rediff.com7 Jun 2013

The United States army has developed a realistic robot bird that has even tricked real flocks and hawks to attack it midair, making it a potential unsuspecting future war agent.

Centre doubles Nov tax devolution amount for states

Centre doubles Nov tax devolution amount for states

Rediff.com15 Nov 2021

The Centre will release Rs 95,082 crore as tax devolution to the states this month after including one advance instalment to help them push their capital expenditure, Finance Minister Nirmala Sitharaman said on Monday. After a meeting with all chief ministers and state finance ministers, Sitharaman said states had said that it would be helpful for them if the tax devolution is front loaded.

Gadkari asks automakers to cut EV cost, forgo profit

Gadkari asks automakers to cut EV cost, forgo profit

Rediff.com6 Nov 2020

Asserting that India has full potential to emerge as a global hub for electric vehicles by 2025, Union Minister Nitin Gadkari on Friday asked automobile manufacturers to reduce cost and forego profit initially to capture market and fuel growth. Once the market picks up there will not be any looking back, Road Transport and Highways and MSMEs Minister Gadkari said, promising all support to manufacturers in the initiative aimed at cutting India's huge import costs of crude and arresting pollution. The minister said he is scheduled to make an hour-long presentation on EVs before the Chief Justice of India post-Diwali.

How Samsung plans to regain the top slot in India

How Samsung plans to regain the top slot in India

Rediff.com14 Feb 2019

After the government backtracked on its plan to impose Customs duty on pricier components, Samsung has decided to begin production of key mobile parts in Noida from April.