News for 'environmental sustainability'

HDFC Bank goes for first major rejig after merger

HDFC Bank goes for first major rejig after merger

Rediff.com4 Oct 2023

HDFC Bank has reshuffled the portfolios of its senior management team. This is the first major rejig after the amalgamation of HDFC Ltd on July 1. "The runway for our growth is large. This change is being done to bring in a very sharp focus on leveraging what we have built and for enhanced execution," said Sashidhar Jagdishan, managing director and chief executive of HDFC Bank, explaining the reason for this overhaul.

Miss Universe: Who Did Divita Rai Lose To?

Miss Universe: Who Did Divita Rai Lose To?

Rediff.com16 Jan 2023

At 28, R'Bonney Nola Gabriel is the oldest contestant from the USA to win the title, an age limit she says she would like to change.

'ESG means doing business the right way'

'ESG means doing business the right way'

Rediff.com22 Sep 2023

'ESG is actually a concept which cannot be applied effectively in the very short run.'

'Toll on Mumbai trans-harbour bridge should be Rs 500, not Rs 250'

'Toll on Mumbai trans-harbour bridge should be Rs 500, not Rs 250'

Rediff.com12 Jan 2024

'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'

SC allows sand mining in Bihar, says ban causes huge loss

SC allows sand mining in Bihar, says ban causes huge loss

Rediff.com10 Nov 2021

The top court said a balanced approach of sustainable development ensuring environmental safeguards needs to be resorted to while dealing with the issue of sand mining.

Will Tata Steel's global stride with new deal aid profitability?

Will Tata Steel's global stride with new deal aid profitability?

Rediff.com21 Nov 2023

It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.

BRICS pitches for using local currencies in international trade

BRICS pitches for using local currencies in international trade

Rediff.com2 Jun 2023

The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade. A joint statement issued at the end of the meeting of the BRICS Ministers of Foreign Affairs and International Relations, also pressed for a robust Global Financial Safety Net with a quota-based and adequately resourced International Monetary Fund (IMF) at its centre. It further said the process of IMF governance reform under the 16th General Review of Quotas, including a new quota formula as a guide, should be completed by December 15, 2023.

What's Kareena Doing At A Car Show?

What's Kareena Doing At A Car Show?

Rediff.com25 Aug 2022

The star champions sustainable fashion with her blue jumpsuit.

30 crore people still live in extreme poverty in India

30 crore people still live in extreme poverty in India

Rediff.com4 Feb 2015

India has halved incidence of poverty from 1990s

Their cup of woes spilleth over

Their cup of woes spilleth over

Rediff.com20 Jul 2017

Out of the 745 gardens in Assam, which accounts for over 55 per cent of total tea production, an alert has been sounded for 88 gardens, while for West Bengal, out of the 377 gardens, 65 have been cautioned.

Climate Crisis Presents Opportunity For India

Climate Crisis Presents Opportunity For India

Rediff.com3 Nov 2021

India's negotiating posture at the multilateral negotiations should be aligned with a significantly transformed development strategy domestically.' 'The positions the country takes at the negotiations will then carry credibility, says Shyam Saran, former foreign secretary and India's chief negotiator on Climate Change 2007-2010.

Tata Motors bags India's largest electric vehicle fleet order from Uber

Tata Motors bags India's largest electric vehicle fleet order from Uber

Rediff.com21 Feb 2023

Tata Motors, India's largest electric passenger vehicle manufacturer, has signed an agreement with ride-hailing company Uber to supply 25,000 electric vehicles (EVs), the company said. The agreement is the largest EV commitment between an automotive manufacturer and a ride-sharing platform in India. Under the agreement, Uber will deploy Tata Motors' XPRES-T EVs by partnering fleet operators in Delhi National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad.

Tata Motors bags largest EV fleet order from Uber

Tata Motors bags largest EV fleet order from Uber

Rediff.com21 Feb 2023

Tata Motors, India's largest electric passenger vehicle manufacturer, has signed an agreement with ride-hailing company Uber to supply 25,000 electric vehicles (EVs), the company said. The agreement is the largest EV commitment between an automotive manufacturer and a ride-sharing platform in India. Under the agreement, Uber will deploy Tata Motors' XPRES-T EVs by partnering fleet operators in Delhi National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad.

What's Special About Rohit's Shoes?

What's Special About Rohit's Shoes?

Rediff.com3 May 2022

His specially designed shoes showed a turtle swimming in the pristine blue waters of the ocean, with the message 'End Plastic Waste' written on it.

How To Keep Your Liver Healthy

How To Keep Your Liver Healthy

Rediff.com1 Aug 2023

Since your liver works hard to purify and detoxify your body, it is important to maintain good health of this vital organ and keep it healthy naturally, advises Dr Hansaji Yogendra.

'A disaster in the Himalayas can dent global economy'

'A disaster in the Himalayas can dent global economy'

Rediff.com17 Feb 2021

'Half of China, India, Pakistan, Bangladesh Nepal, Bhutan, Myanmar, which are among the most populous countries in the world, are dependent on the rivers and glaciers of the Himalayas for sustenance.'

Flipkart eliminates single-use plastic packaging from supply chain

Flipkart eliminates single-use plastic packaging from supply chain

Rediff.com7 Jul 2021

Walmart-owned Flipkart on Wednesday said it has eliminated all single-use plastic packaging used across its fulfilment centres in the country. With this, the e-commerce major has delivered on its public commitment to move to plastic-free packaging in its supply chain by 2021. This has been achieved across more than 70 facilities of Flipkart spread all over India, where it has eliminated single-use plastic packaging by introducing the most scalable sustainable alternatives, a statement said.

What's Greenwashing?

What's Greenwashing?

Rediff.com21 Apr 2023

Greenwashing is making misleading or false environment-friendly claims about a product. Consumers in India currently do not have any way of telling whether a claim is authentic or greenwashing. And one never hears of action against any company for making false claims of being environment-friendly.

India Inc's capex wheel likely to turn soon

India Inc's capex wheel likely to turn soon

Rediff.com17 May 2023

India Inc could be embarking upon a new phase of capital expenditure (capex) cycle, observed analysts, and suggest its revival would lead to a rerating of industrial stocks. Assisted by a property upcycle, analysts at Jefferies said several government initiatives were likely to drive capex. Indicators, they said, include a private project announcement at Rs 25 trillion for 2022-23 (up 150 per cent from pre-pandemic levels) and credit growth at about 16 per cent, which is closer to pre-pandemic highs.

Use of 10% ethanol-blended petrol saved over Rs 41,000 crore

Use of 10% ethanol-blended petrol saved over Rs 41,000 crore

Rediff.com8 Jun 2022

Use of 10 per cent ethanol-blended petrol has led to a saving of over Rs 41,000 crore in the foreign exchange for the country, minister of state for environment, forest and climate change Ashwini Kumar Choubey said on Wednesday. Speaking at an online event of auto industry body SIAM on sustainable mobility, the minister said the government is working in multiple ways to encourage sustainable mobility. "India recently achieved 10 per cent ethanol blending target 5 months in advance, saving over Rs 41,000 crore worth of fuel imports for the nation," Choubey noted.

PM pitches for N-power, says require energy to sustain growth

PM pitches for N-power, says require energy to sustain growth

Rediff.com13 Jan 2014

Pitching for greater use of "clean" and "dependable" nuclear power, Prime Minister Manmohan Singh on Monday made it clear that India will need large amount of energy to maintain the tempo of growth which averaged 7.9 per cent during the last 10 years despite two bouts of global recession.

National Hydrogen Policy unveiled. Here are the details

National Hydrogen Policy unveiled. Here are the details

Rediff.com17 Feb 2022

The government on Thursday allowed free inter-state wheeling of renewable energy used in the production of green hydrogen and ammonia as it seeks to boost usage of the carbon-free fuel and make India an export hub. Unveiling the first part of the much-awaited National Hydrogen Policy, Power and New and Renewable Energy Minister Raj Kumar Singh said the government is targeting production of 5 million tonnes of green hydrogen by 2030. Oil refineries to steel plants require hydrogen to produce finished products.

Adani Group, Posco ink JV worth $5 billion

Adani Group, Posco ink JV worth $5 billion

Rediff.com13 Jan 2022

Industrialist Gautam Adani-led Adani Group has signed a pact with South Korea's Posco to explore business opportunities in sectors like steel, renewable energy among others. Both the entities have signed a memorandum of understanding (MoU) to this effect. In a statement on Thursday, Adani Group said the investment under the MoU is estimated to be up to $5 billion.

MSMEs caught between a rock and a hard place

MSMEs caught between a rock and a hard place

Rediff.com3 Apr 2023

Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition and net-zero objectives in its Budget for FY24, even as the latest and final report by the United Nations' Intergovernmental Panel on Climate Change (IPCC) warned that current efforts are not enough to curb global warming. A number of small factory owners and businesses, however, have pointed out that the transition to net-zero emissions will cost them hugely.

Veteran journalist Darryl D'Monte passes away

Veteran journalist Darryl D'Monte passes away

Rediff.com17 Mar 2019

Besides a career in journalism, he had a keen interest in environmental issues and took some initiatives for the cause.

Cheetah deaths: African experts tell Indian govt to...

Cheetah deaths: African experts tell Indian govt to...

Rediff.com4 Aug 2023

Younger cheetahs that are habituated to management vehicles and human presence are preferred candidates for relocation to India, international experts involved in Project Cheetah have told the government based on lessons learnt from the initial experience in Madhya Pradesh's Kuno National Park.

Paying farmers for not burning stubble is wrong

Paying farmers for not burning stubble is wrong

Rediff.com12 Nov 2020

To justify that farmers must burn if they are not paid cash incentive is doing injustice to them and to the lungs of the children of the country, notes Sunita Narain.

Green mobility: CNG vehicle sales are up 82% in 5 yrs

Green mobility: CNG vehicle sales are up 82% in 5 yrs

Rediff.com10 Apr 2023

Amid a shift in mobility trends and people increasingly opting for less polluting energy sources, sales of compressed natural gas (CNG) vehicles increased more than 82 per cent in the past five years. A total of 729,902 CNG vehicles were sold in 2022-23 against 400,825 in 2017-18, according to VAHAN Dashboard. Though the increase in sales of CNG-powered vehicles has been significant, their share in overall vehicle sales remains minuscule as is the case with EVs.

As EVs rise in India, a requiem for Kolkata's electric trams

As EVs rise in India, a requiem for Kolkata's electric trams

Rediff.com4 Jul 2023

Kolkata trams -- now in their 150th year -- are the last to survive modernity in Indian cities, writes Ishita Ayan Dutt.

Cheetah deaths: Worst still to come, says S African expert

Cheetah deaths: Worst still to come, says S African expert

Rediff.com26 May 2023

Vincent van der Merwe cautioned that the reintroduction project is going to see even higher mortalities in the next few months when cheetahs try to establish territories and come face to face with leopards and tigers in the Kuno National Park.

Battery scheme: RIL arm, Ola, Hyundai to get sops

Battery scheme: RIL arm, Ola, Hyundai to get sops

Rediff.com17 Mar 2022

RIL subsidiary Reliance New Energy Solar, Ola Electric, Hyundai Global Motors Company and Rajesh Exports have been approved for receiving incentives under the Rs 18,100 crore Production Linked Incentive (PLI) scheme for battery manufacturing in India, sources said on Thursday. "The ministry had received bids from 10 companies with a capacity of 130 GWh. Reliance, Ola Electric, Hyundai and Rajesh Exports have qualified for ACC batteries," a source said. Other companies which had applied for the PLI scheme for Advanced Chemistry Cell (ACC) batteries were Lucas-TVS, Mahindra & Mahindra, Amara Raja Batteries, Exide Industries, Larsen & Toubro and India Power Corporation Limited.

Cyrus Mistry outlines key challenges haunting India's financial sector

Cyrus Mistry outlines key challenges haunting India's financial sector

Rediff.com14 Jul 2016

GST has been hanging fire with the Opposition Congress yet to come on board

Char Dham Highway: 'Damage will be irreversible'

Char Dham Highway: 'Damage will be irreversible'

Rediff.com28 Dec 2021

'From environmental impact assessment to forest clearances, this has turned out to be an unscientific road-widening project with catastrophic consequences.'

These Scientists Shaped India

These Scientists Shaped India

Rediff.com15 Aug 2023

I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.

Ford Motors among 20 auto firms shortlisted for output-linked incentive scheme

Ford Motors among 20 auto firms shortlisted for output-linked incentive scheme

Rediff.com12 Feb 2022

Ford, which had announced to quit the Indian market last year, said it was exploring the possibility of using one of its plants in India to produce electric cars for exports.

Isro executes controlled re-entry of decommissioned satellite

Isro executes controlled re-entry of decommissioned satellite

Rediff.com8 Mar 2023

The Indian Space Research Organisation said it successfully carried out an "extremely challenging" controlled re-entry experiment of the decommissioned orbiting Megha-Tropiques-1 (MT-1) satellite.

Is Tourism Destroying Goa?

Is Tourism Destroying Goa?

Rediff.com24 Feb 2023

Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.

Can the water crisis hurt India's growth?

Can the water crisis hurt India's growth?

Rediff.com21 Jun 2019

Water shortage is likely to lead to political tensions and instability in the future, warns Simon George, President, Cargill India.

IL&FS sells environment biz to pare Rs 1,200 cr debt

IL&FS sells environment biz to pare Rs 1,200 cr debt

Rediff.com7 Apr 2021

Bankrupt Infrastructure Leasing & Financial Services (IL&FS) has sold the entire stake in the waste management arm IL&FS Environmental Infrastructure & Services (IEISL) and its subsidiaries to EverEnviro Resource Management (EverEnviro), an arm of the PE major Everstone Group, the companies said in separate statements. Though the value of the deal was not specifically disclosed, the crippled IL&FS -- which is under bankruptcy proceedings in NCLT -- said the sale will reduce its overall debt by Rs 1,200 crore, which is the combined debt of entities under the group's environment businesses. IL&FS Environmental Infrastructure & Services (IEISL) is one of the leading integrated waste management companies that is into municipal solid waste management apart from presence across various segments including construction and demolition, collection and transportation and waste to energy and currently manages over 8,400 tonnes per day solid municipal waste.

India working with S Africa, Namibia for translocating more cheetahs

India working with S Africa, Namibia for translocating more cheetahs

Rediff.com18 Sep 2022

When asked if the African cheetahs will adapt easily to the Indian habitat, she said that the species are adaptable and India has a history of their presence.