"No government can be formed without Congress, which is a major and deeply-rooted party in the country. Congress is the main opposition party too. Others are regional parties," Raut said in Pune
Ola Electric is moving the delivery for the first batch of its electric scooters to between December 15 to the end of the month, a two- to four-week delay from its earlier schedule, due to a shortage of chipsets and electronic parts. The first batch of deliveries were scheduled for November 30 but the company decided to delay them after a meeting between its factory team and the global supply chain on Saturday. It became clear that the late delivery of chips and electronic parts was only 'getting worse', sources told Business Standard. Ola has apologised to customers for the delay and said it is "ramping up production as fast as we can so that you can get your Ola S1 at the earliest". It has stopped taking any new bookings until the chip shortage has eased, say sources.
India Inc is gearing up for a slugfest this year and from tech to paints, new battlegrounds are emerging, observes Indrajit Gupta, co-founder, Founding Fuel.
While the common man is facing all these issues, those in power at the Centre are not ready to pay attention to these issues
The government will undertake a detailed evaluation of applications it has received in response to the mega semiconductor scheme and expects to complete the entire process and sign agreements with companies in next 8-10 months, according to Union Minister for Electronics and IT Ashwini Vaishnaw. Vaishnaw said he is happy with the response that came in within a short period of time, when the ministry invited applications under the Rs 76,000 crore semiconductor programme. The government is confident of seeing one of the big global players in semiconductor industry coming in the next round, Vaishnaw told PTI in an interview. He asserted that many other players too are "seriously evaluating" India's semiconductor programme, and that the ministry is in discussions with several companies.
A few days ago, Reliance Retail surprised the market by acquiring the Campa brand from Delhi-based Pure Drinks Ltd for Rs 22 crore. A successful cola brand in the eighties, especially in North India, Campa Cola thrived when Coke exited India in the late seventies. When the Atlanta-based major returned and PepsiCo set base in India, it went down fighting.
Hinduja Group Chairman S P Hinduja on Saturday hailed the Modi government's Budget as "socially inclusive" that lays a clear roadmap for placing India on double digit growth trajectory in the medium term.
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
Ashish Narsale/Rediff.com looks at some of the most interesting heath products presented at the latest edition of the Consumer Electronics Show.
The government will "notify such countries or territories outside India to which a data fiduciary may transfer personal data", according to the draft unveiled on Friday for public feedback.
The country's largest car maker Maruti Suzuki India (MSI) on Friday said it is recalling 1,81,754 units of petrol trims of various models, including Ciaz, Vitara Brezza and XL6, to replace faulty motor generator unit. This is the company's largest vehicle recall till date. As a responsible corporate, keeping in mind customer safety, the company has announced to proactively undertake a recall of some petrol variants of Ciaz, Ertiga, Vitara Brezza, S-Cross and XL6, MSI said in a regulatory filing.
Don't be surprised if growth in the second half of the financial year drops below 4%, which is where it was in the year before the pandemic, warns T N Ninan.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
Prime Minister Imran Khan addressed a ceremony held at Pakistan Air Force base Minhas Kamra in Attock district of Punjab province to induct the new fighter jets.
Categories such as lifestyle, food and electronics accounted for over 1,350 sellers across the country last year.
Apple is a major purchaser of Samsung flash memory. An Apple spokesman declined to comment on whether the company plans to use the chip in future iPods.
Pakistan's Election Commission on Friday disqualified former prime minister Imran Khan for five years in the Toshakhana case for hiding proceeds from the sale of gifts he received from foreign leaders.
Scientists, including one of Indian origin, are developing a computer chip that mimics the human brain.
The government claims the existing safeguards under the law are adequate, lawful, towards a legitimate purpose and provide for a "proportionate interference" in citizens' right to privacy, reports Nitin Sethi.
Close to six months since the launch of Tata Neu, the super application (app) from Tata Sons Group is all set for a revamp. The highlights include a reimagined rewards programme or NeuPass, a more seamless user experience by increasing the digital maturity of brands, adding more brands to the platform, and hiring category leaders to drive the next phase of growth. When it comes to brands, Titan will join Tata Neu by Diwali. Tata Motors and Air India will be on board after the Festival of Lights.
The shortage of semiconductors globally is expected to persist through 2021 and recover to normal levels by the second quarter of 2022, which will constrain the production of many electronic equipment types this year, according to research firm Gartner. Semiconductors play a crucial role in everything, right from computers to appliances, communication devices, transportation systems to critical infrastructure. The breakout of the COVID-19 pandemic had temporarily disrupted semiconductor shipments.
'... To ensure that the vast Indian Ocean Region remain peaceful.'
The most important positive of India's stealth bull market is earnings growth across different sectors, explains Debashis Basu.
The Eknath Shinde-led Maharashtra government has come under fire following the Centre's announcement that Tata-Airbus C-295 transport aircraft project would be set up in Gujarat, with the opposition seeking to know why the project that was supposed to come up in Maharashtra went to the neighbouring state.
The Carens is a warning for cars such as the Tata Safari, Hyundai Alcazar, Maruti Ertiga, Toyota Innova Crista and Mahindra XUV 700, because Kia punches much harder than others in its weight category.
Since 2004 the Congress has hung onto power in a situation in which it was on track to be out of power. In each case, it effectively gamed the system through Constitutional coups, argues columnist Rajeev Srinivasan.
What these elections prove beyond any doubt (if ever there was one) that Modi's hold over public mind and Shah's mastery of election management are unparalleled. It doesn't seem likely that they will be matched any time soon in the Indian political scene, reaffirms Shreekant Sambrani.
Shivani Shinde reports. The youngest member of the Tata group, the much-awaited Tata Neu, has finally been launched for people across the country. The 'super app' offers a number of services ranging from financial services to tech, travel and even groceries. The app takes off with a customer base of 120 million, with 2,500 offline stores. According to the Tata group, the app will be a one-stop destination for all consumer needs. The super app also offers a bouquet of financial offers like Unified Payments Interface (UPI), bill payments, loans and insurance. Tata Neu will also provide other services like fashion, gadgets, groceries, travel and health.
Telecom gear makers say will take six to eight months for the top 10 cities to have some reasonable coverage of 5G network services.
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.
From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.
The highest polling of 72.35 per cent was recorded in Sirmour district followed by 68.48 per cent in Solan and 67.67 per cent in Una and 67.5 per cent in Lahaul and Spiti. The high-altitude district of Lahaul and Spiti had recorded 21.95 per cent, the lowest, till 1 pm, but polling was brisk as the sun came out.
The Russian-Ukraine war can hit the global supply chains that are already constrained due to the pandemic and the worst impact will be on ongoing chip shortage because the warring nations brutally control supplies of key raw materials that go into making semiconductors, warns a report. Since Russia controls as much as 44 per cent of global palladium suppplies, Ukraine produces a significant 70 per cent of the global supply of neon -- the two key raw materials that go into making chips. The markets can expect the global chip shortage, that began with the pandemic, to worsen if the military conflict lingers on, says a Moody's Analytics report on Friday.
The voting will begin at 7 am and end at 5 pm after the electioneering came to an end on Saturday, 48 hours before the electorate begin casting their votes.
Choose from a range of accessories to make his life easy, enjoyable and stress-free.
The State Election Commission in Jammu and Kashmir on Saturday imposed restrictions on conduct of exit polls till the last of the eight-phase District Development Council election is completed.
Senior bureaucrat Pradip Kumar Tripathi has been appointed as secretary (coordination) in the Cabinet Secretariat as part of a major bureaucratic reshuffle effected by the Centre on Monday.
The changing residential demand and the increasing awareness about energy efficiency has prompted durable companies to introduce air conditioners with newer capacities. Though the 1.5 tonne air conditioners are expected to be the conventional volume drivers, the models with capacity of one tonne and below are estimated to grow at a faster pace.
India must remain an integral part of the global economy if it has to grow at 9-10 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday. Speaking at the 15th India Digital Summit, Kant said India needs to become a major global exporting nation, without that it will not be possible to become richer and create wealth for its people over the next three decades.
This is the first time that the IT ministry has outlined its stance in a dispute between users and social media platforms.
