News for 'chennai customs'

How FMCG Firms Are Coping With Covid

How FMCG Firms Are Coping With Covid

Rediff.com29 Jan 2022

Consumer companies have started taking orders via phone calls and are also pushing retailers to order through their B2B applications.

Valentine's Day: Silver's the NEW shade of love!

Valentine's Day: Silver's the NEW shade of love!

Rediff.com10 Feb 2020

Why millennials are choosing silver over gold this Valentine's Day.

Mahindra plans to steal the SUV thunder with XUV700

Mahindra plans to steal the SUV thunder with XUV700

Rediff.com18 Aug 2021

A new XUV, a new logo, and a big bang at the launch! Mahindra revealed its keenly-awaited XUV700 in Chennai on Saturday.

Fiat Chrysler to set up global digital hub in Hyderabad

Fiat Chrysler to set up global digital hub in Hyderabad

Rediff.com16 Dec 2020

Auto major Fiat Chrysler Automobiles (FCA) on Wednesday said it will invest $150 million (around Rs 1,103 crore) to set up a global digital hub in Hyderabad to help the group develop new technologies to cater to its automotive operations across the globe. The facility, which is FCA's largest digital hub outside of North America, would create nearly 1,000 jobs by the end of next year.

Why foreign car-makers are betting big on track car models

Why foreign car-makers are betting big on track car models

Rediff.com2 Sep 2021

Mercedes-Benz, Ferrari, Porsche and Lamborghini are some marquee badges that have introduced track cars to excite hard-core customers who want to push their cars to the limit, says Pavan Lall.

Normalcy returning for shadow lenders, albeit slowly

Normalcy returning for shadow lenders, albeit slowly

Rediff.com22 May 2020

For smaller MFIs, resuming operations is more difficult because they haven't got any fresh bank credit sanctioned from their lenders.

Microsoft to set up largest data centre in Hyderabad

Microsoft to set up largest data centre in Hyderabad

Rediff.com7 Mar 2022

Tech giant Microsoft will set up its largest and fourth data centre in India at Hyderabad with an investment outlay of over Rs 15,000 crore over a period of 15 years. "I am very happy to say today that Hyderabad will be the destination for Microsoft's largest Data Centre investment in India with an investment of over Rs 15,000 crore over a period of 15 years. "This will be one of the largest FDIs that Telangana has attracted," Telangana Minister for IT and Industries KT Rama Rao on Monday said at an event marking the announcement of Microsoft's latest data centre region in Hyderabad.

IPL: Gujarat start as favourites vs Royals in Qualifier 1

IPL: Gujarat start as favourites vs Royals in Qualifier 1

Rediff.com23 May 2022

Debutants Gujarat Titans will start as favourites against spin-heavy former champions Rajasthan Royals when the two teams face-off in the first IPL Qualifier, at the Eden Gardens in Kolkata, on Tuesday.

Housing sales drop 35% in 7 cities in Q2

Housing sales drop 35% in 7 cities in Q2

Rediff.com7 Oct 2020

Housing sales across seven major cities in the country fell 35 per cent year-on-year to 50,983 units during the July-September period even as the demand recovered post lockdown, according to data analytics firm PropEquity. Sales stood at 78,472 units in the year-ago period in seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.

Hospital chain plans to put expectant parents on cloud nine

Hospital chain plans to put expectant parents on cloud nine

Rediff.com1 Apr 2022

No expecting mother ever needs to travel for more than 30 minutes to reach one of their hospitals, believes the Cloudnine group.

The 5 most popular smartphone brands in India

The 5 most popular smartphone brands in India

Rediff.com17 Jun 2021

Xiaomi topped the chart as the most sold smartphone brand by its users with 26 per cent share, followed by Apple (20 per cent), Samsung (16 per cent), Vivo, and Motorola (6 per cent each) among others, it said. Most smartphones sold by users were in the sub-Rs 10,000 brackets, it added. Among models, the iPhone 7 was the hottest selling model along with some other models as well as Redmi Note 4 and OnePlus 6 during the year. The number of smartphone repairs was the highest in Delhi in 2020.

Space tech start-up Agnikul raises $11 mn funding

Space tech start-up Agnikul raises $11 mn funding

Rediff.com20 May 2021

Billionaire and Mahindra Group chairman Anand Mahindra along with top Silicon Valley investors Naval Ravikant and Balaji Srinivasan are backing space tech start-up Agnikul as part of a new funding round. Chennai-based Agnikul said, on Thursday, that it has raised $11 million in Series A funding round led by Mayfield India. It is the largest funding round for a private Indian space technology company in the country. Existing investors pi Ventures, Speciale Invest and Artha Venture Fund also invested in this round.

Flipkart inks logistics, data centre pact with Adani group

Flipkart inks logistics, data centre pact with Adani group

Rediff.com12 Apr 2021

Flipkart on Monday said it has entered into a commercial partnership with the Adani group to strengthen logistics and data centre capabilities of the Walmart-owned company and create about 2,500 direct jobs.

Why are electric two-wheelers in India catching fire?

Why are electric two-wheelers in India catching fire?

Rediff.com12 May 2022

Nearly a decade ago, the first fully electric vehicle (EV) caught fire on the road in the US. It was a model from Tesla, the world's most admired EV maker. A metal fragment punctured the underbelly of the vehicle, penetrating its battery pack, leading to a fire. Indian lawmakers and automakers have had nine years to study the incident (in fact, three Tesla Model Ss caught fire in two months in 2013) but seem to have learnt little.

Pay tax promptly, punctually: HC raps South star Vijay

Pay tax promptly, punctually: HC raps South star Vijay

Rediff.com14 Jul 2021

Supposed to be one of the top-paid stars in Tamil cinema, actor Vijay is known for his big-ticket hits and commands good box-office opening.

Coronavirus scare: Vistara to cancel 54 int'l flights in March

Coronavirus scare: Vistara to cancel 54 int'l flights in March

Rediff.com26 Feb 2020

With respect to the cancelled flights, customers can opt for a full refund or alternative travel dates free of cost.

Online sales of FMCG companies rise, but some see moderation

Online sales of FMCG companies rise, but some see moderation

Rediff.com1 Dec 2021

However, the government's draft policy on e-commerce companies has forced consumer companies to also adapt to the changes. For Dabur India, e-commerce channel continues to be a key driver of growth in urban India. The contribution of online sales to its entire portfolio is at six per cent compared to 1.5 per cent before the pandemic.

Foxconn to suspend India operations from Dec 24

Foxconn to suspend India operations from Dec 24

Rediff.com12 Dec 2014

Foxconn, the Taiwan-based contract manufacturer of mobile phone parts, will suspend its operations at the facility near Chennai from December 24, following a change in manufacturing requirements of clients in the country.

How Uniphore Became A Unicorn

How Uniphore Became A Unicorn

Rediff.com26 Aug 2022

'I told myself, I will be 23 next year. Why can't I be a billionaire too?'

The Mask India Project's success story

The Mask India Project's success story

Rediff.com24 Jun 2021

'The heart is to honour all who have been struck by Covid and the map signifies that as a country, we can win this together.'

FADA seeks govt support over compensation for Ford dealers

FADA seeks govt support over compensation for Ford dealers

Rediff.com23 Sep 2021

Automobile dealers' body FADA has urged the government to formulate a task force to monitor the compensation structure being worked out by Ford India for its dealer partners across the country. In a letter to Heavy Industries Minister Mahendra Nath Pandey, FADA president Vinkesh Gulati also requested the government to instruct Ford India to keep the industry body in the loop regarding the compensation structure for the dealerships. "We humbly request your Ministry's intervention... Create a task force which takes day-to-day updates from Ford India to monitor the compensation plan for automobile dealers and dealership employees," Gulati said in the letter.

Hiring sentiment highest in India, 17% firms keen on freshers: Survey

Hiring sentiment highest in India, 17% firms keen on freshers: Survey

Rediff.com22 Sep 2021

Fresher hiring sentiment is highest in India, with 17 per cent employers keen on recruiting fresh graduates in the July to December 2021 period against 6 per cent globally. According to the Career Outlook Report by TeamLease EdTech, conducted across 18 sectors and 14 cities, the hiring sentiment in the country has registered a 2 percentage point increase over the February-April 2021 period. In terms of sectors, those that have been able to withstand the impact of the pandemic and witnessed a stronger hiring sentiment are information technology (31 per cent), telecommunication (25 per cent) and technology start-ups (25 per cent).

Housing prices fall 2-7% in Q2 in top 6 cities

Housing prices fall 2-7% in Q2 in top 6 cities

Rediff.com8 Oct 2020

The average housing prices declined by 2-7 per cent year-on-year during July-September in Delhi-NCR, Mumbai, Chennai, Pune, Kolkata, and Ahmedabad on lower demand amid COVID-19 pandemic, according to Knight Frank India. Prices, however, increased in Bengaluru and Hyderabad by 3 per cent and 4 per cent, respectively, during July-September 2020 compared with the year-ago period. Chennai saw the maximum fall of 7 per cent, followed by Delhi-NCR and Pune at 5 per cent. Rates dipped 3 per cent each in Kolkata and Ahmedabad, while Mumbai witnessed 2 per cent price correction.

Amazon arm to set up data centre in Hyderabad

Amazon arm to set up data centre in Hyderabad

Rediff.com6 Nov 2020

Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.

Despite chip shortage, automakers see robust sales

Despite chip shortage, automakers see robust sales

Rediff.com1 Jun 2022

Leading carmakers Maruti Suzuki, Hyundai and Tata Motors reported robust dispatches to dealers in May on the back of strong demand for passenger vehicles across regions, even as the global semiconductor shortage continued to impact production. Mahindra & Mahindra, Kia India, Toyota Kirloskar Motor, Honda Cars and Skoda also witnessed strong demand for their models last month. The month of May also witnessed Tata Motors race ahead of Hyundai in terms of domestic wholesales.

ISRO successfully launches earth observation satellite

ISRO successfully launches earth observation satellite

Rediff.com7 Nov 2020

This is the first mission by the Indian Speace Research Organisation this year.

Online shopping sees spurt thanks to coronavirus fears

Online shopping sees spurt thanks to coronavirus fears

Rediff.com15 Mar 2020

E-commerce companies are seeing an increase in demand for products such as fresh fruits and vegetables, milk, flour, rice, and lentils, and personal hygiene items like sanitisers and soaps and household cleaning products. Other products include instant noodles, baby food and Ayurvedic items. "There is even a huge spike in pet food," said a person.

Bumps galore, but auto hubs breathe easy on sales spike

Bumps galore, but auto hubs breathe easy on sales spike

Rediff.com22 Feb 2021

The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.

Bank liable for fraudulent card transactions

Bank liable for fraudulent card transactions

Rediff.com8 Jan 2021

Consumer activist Jehangir B Gai explains a RBI circular that says the customer is not liable for unauthorised transactions that occur due to contributory fraud, negligence, or deficiency on the bank's part.

Five-star hotels line up special menus to beat Covid blues

Five-star hotels line up special menus to beat Covid blues

Rediff.com20 May 2021

In 2020, after the outbreak of the Covid-19 pandemic, several five-star hotel chains commenced home delivery of food as a lot of people preferred to stay indoors. A year later, as the Covid situation worsens, such hotels are going the extra mile to cater for the gastronomical needs of their customers. With health, nutrition, and immunity occupying the mind spaces, these hotels are crafting menus that are not only high on health quotient, but also have food capable of improving the mood. The move, they hope, would help them get more customers as prices are also competitive.

Noose tightens around Chinese e-com firms evading duties

Noose tightens around Chinese e-com firms evading duties

Rediff.com19 Aug 2019

The government is looking to plug loopholes in the Indian customs law provision that allows tax exemptions for gifts up to Rs 5,000 and trade samples up to Rs 10,000 sent to India from abroad.

Cool prospects for consumer durable firms as temperature set to soar

Cool prospects for consumer durable firms as temperature set to soar

Rediff.com4 Mar 2021

IMD expects day temperatures to remain above-normal in select regions across the country between March and May 2021.

HUL's Indulekha enters Rs 2,000-cr club

HUL's Indulekha enters Rs 2,000-cr club

Rediff.com26 Aug 2019

The haircare brand, acquired for Rs 330 crore, fetches HUL around Rs 400 cr of revenue annually.

Four IPOs to hit markets; aims to garner Rs 14,628-cr

Four IPOs to hit markets; aims to garner Rs 14,628-cr

Rediff.com8 Aug 2021

The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 14,628 crore collectively. This comes after four companies -- Devyani International, Krsnaa Diagnostics, Windlas Biotech and Exxaro Tiles-- launched their initial share-sales last week to mobilise Rs 3,614 crore. So far in the current fiscal, 16 companies have raised Rs 30,666 crore through IPOs against Rs 31,277 crore by 30 firms in the entire 2020-21. Going forward, market analysts expect the IPO environment to remain buzzing during the entire 2021-22.

As demand revives, festival season likely to cheer jewellers

As demand revives, festival season likely to cheer jewellers

Rediff.com18 Oct 2019

Discounts and incentives are attractions jewelleres are offering along with new designs to woo customers to boost sales ahead of Diwali.

2021: An year of record trade amid frozen India-China ties

2021: An year of record trade amid frozen India-China ties

Rediff.com24 Dec 2021

India and China achieved a major milestone this year when their bilateral trade crossed the landmark figure of $100 billion but it did not generate any fanfare in both capitals as the two Asian giants are going through a "particularly bad patch" in their relations due to a set of actions by Beijing in violation of agreements that led to the military standoff in eastern Ladakh. Starting with a modest $1.83 billion in 2001, the bilateral trade crossed $100 billion-mark in the first 11 months this year, a significant milestone for which the two countries carried out campaigns to boost trade and build it as a major stakeholder to improve the relations between two nations, whose ties otherwise remained frosty over the festering boundary dispute and strategic rivalry. According to last month's data from China's General Administration of Customs (GAC), the India-China bilateral trade totalled $114.263 billion, up 46.4 per cent year-on-year from January to November 2021.

Wedding bells in RajiniSir's home

Wedding bells in RajiniSir's home

Rediff.com11 Feb 2019

Doesn't the MegaStar look happy?

'This is not the time for ME, but for WE'

'This is not the time for ME, but for WE'

Rediff.com6 May 2020

'We are not laying any of our team off. We cannot do that especially at this time.' 'It will be hard for them to find other jobs now and we will not let our team down now.'

Reliance Retail buys majority stake in Netmeds for Rs 620 cr

Reliance Retail buys majority stake in Netmeds for Rs 620 cr

Rediff.com19 Aug 2020

Reliance Retail Ventures Ltd has acquired a majority equity stake in digital pharma market place Netmeds for a cash consideration of around Rs 620 crore, Reliance Industries said in a late night statement on Tuesday.