Shine Jacob

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Samsung Plant To Resume After 37 Day Strike

Samsung Plant To Resume After 37 Day Strike

Rediff.com7 hours ago

Employees were told to return to work from Monday onwards for a fresh start for improved production.

Tata leaves behind an unfulfilled dream: A Nano EV

Tata leaves behind an unfulfilled dream: A Nano EV

Rediff.com7 days ago

From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Rediff.com9 Oct 2024

Workers' strike at Samsung Electronics plant at Sriperumbudur entered 30th day on Tuesday with no end in sight as Centre of Indian Trade Unions (CITU), the union leading the charge, claimed that its major demands are yet to be fulfilled. This is despite the company agreeing to pay a special incentive to the employees.

Foxconn arm to infuse Rs 13K cr to set up TN factory

Foxconn arm to infuse Rs 13K cr to set up TN factory

Rediff.com9 Oct 2024

The Tamil Nadu government on Tuesday cleared the Rs 13,180 crore project by Yuzhan Technology, part of Taiwan's Foxconn Group, at Kancheepuram. The unit is reportedly expected to assemble smartphone display modules, which will be one of the first such units to cater to Apple's growing presence in the country. The unit is expected to generate at least 14,000 jobs. Of the 14 existing manufacturing units in the Apple supply chain, seven are based in Tamil Nadu.

Why Vettaiyan May Become A Blockbuster

Why Vettaiyan May Become A Blockbuster

Rediff.com8 Oct 2024

'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'

Why 30-Day Samsung Strike Continues

Why 30-Day Samsung Strike Continues

Rediff.com7 Oct 2024

Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.

Willing to negotiate with workers directly: Samsung

Willing to negotiate with workers directly: Samsung

Rediff.com30 Sep 2024

Samsung India is willing to sign a long-term wage settlement and negotiate directly with its workers for an amicable resolution of the dispute, the company's lawyer said on Friday, terming the ongoing employees' strike at the Sriperumbudur plant "illegal". Lawyer Anand Gopalan, who is representing Samsung India in the high court of Chennai and the Kanchipuram District Court, said the company would only negotiate with its workers and not with any third-party leaders.

Is Vijay The Highest Paid Actor In India?

Is Vijay The Highest Paid Actor In India?

Rediff.com30 Sep 2024

And possibly in all of Asia, going by his reported fee of Rs 275 crore for Thalapathy 69, his coming movie.

Can Renault India turn around its fortunes?

Can Renault India turn around its fortunes?

Rediff.com28 Sep 2024

'We are very quickly going to announce the timeline of our launches, which should start giving us the turnaround'

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Rediff.com25 Sep 2024

As the strike by Samsung Electronics employees in Sriperumbudur on the outskirts of Chennai entered its 16th day, the company on Tuesday claimed that it is paying 1.8 times of the average salary that manufacturing workers in the region are getting. "At Samsung India, the welfare of our workers is our top priority. "The average monthly salary of our full-time manufacturing workers at the Chennai plant is 1.8 times the average salary of similar workers employed at other companies in the region,"a Samsung statement said.

The Hotelier Who BJP Apologised To

The Hotelier Who BJP Apologised To

Rediff.com24 Sep 2024

Sree Annapoorna Sree Gowri Shankar is a familiar name across the country. With over 1,500 employees, it is renowned for its filter coffee and Keerai Vada throughout Tamil Nadu. Its operating revenues range from Rs 100 crore to Rs 500 crore.

Why Are Samsung Workers On Strike?

Why Are Samsung Workers On Strike?

Rediff.com21 Sep 2024

According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.

Nipah is back, should you be worried?

Nipah is back, should you be worried?

Rediff.com20 Sep 2024

The Indian Council of Medical Research was in talks with the Serum Institute of India for local manufacturing of monoclonal antibodies (MABs). However, it did not take off, as the volume was much less in India.

From Tata Motors-JLR to Ford: Tamil Nadu's EV ecosystem expands in 2024

From Tata Motors-JLR to Ford: Tamil Nadu's EV ecosystem expands in 2024

Rediff.com18 Sep 2024

Tamil Nadu -- often dubbed as India's own Detroit due to its thriving automobile manufacturing ecosystem -- is in no mood to miss the EV bus either. Recent developments attest to it. Vietnamese electric vehicle (EV) maker VinFast has promised a $2 billion plant in the southern state. And as promised earlier, the work on Tata Motors-JLR plant will kick off next week, on September 28, after the foundation stone laying ceremony.

Ford Motor in talks with TN to restart production

Ford Motor in talks with TN to restart production

Rediff.com12 Sep 2024

Two years after winding up its India production, global automobile giant Ford Motor Company is in talks with the Tamil Nadu government to restart operations at Maraimalai Nagar near Chennai, where it will focus on exports. Chief Minister Stalin visited Ford headquarters in Michigan on Tuesday and held discussions with its top management, urging it to restart production. "Had a very engaging discussion with the team from Ford Motors.

Jabil to set up Rs 2K cr electronics unit in TN

Jabil to set up Rs 2K cr electronics unit in TN

Rediff.com11 Sep 2024

In a sign of the expanding Apple supplier ecosystem in India, American multinational Jabil Inc will set up an electronics manufacturing facility in Tiruchirappalli, Tamil Nadu with an investment of Rs 2,000 crore. Jabil is one of the 14 Apple suppliers in India, of around 200 globally, while another 14 have reportedly received preliminary clearance to form joint ventures with Indian companies to set up facilities. Interestingly, of the 14 existing manufacturing units in the Apple supply chain, seven are already in Tamil Nadu.

Pixxel Gets An Order From NASA

Pixxel Gets An Order From NASA

Rediff.com10 Sep 2024

This is the first deal by an Indian startup after the sector was opened to private companies in 2020.

'It's A Difficult Road Ahead For Vijay'

'It's A Difficult Road Ahead For Vijay'

Rediff.com7 Sep 2024

'There was a time when a movie star could win an election just by stepping into politics. That era is over.'

'Our AUM Will be 3x by 2030'

'Our AUM Will be 3x by 2030'

Rediff.com31 Aug 2024

'I am very happy to see that the work is starting to bear some fruit now.'

Chennai To Be World's Largest Network Testbed

Chennai To Be World's Largest Network Testbed

Rediff.com30 Aug 2024

The deal with Nokia will be signed in San Francisco on Friday morning in the presence of Tamil Nadu Chief Minister M K Stalin, who is on a 17-day trip to the US to attract fresh investments.

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