Shine Jacob

All stories by Shine Jacob

Insurance claims drop 30-35% during Chennai floods compared to 2015

Insurance claims drop 30-35% during Chennai floods compared to 2015

Rediff.com1 Jan 2024

Yet another first week of December brought familiar scenes of rain, storm, flooding, power outages, and fallen trees. When Cyclone Michaung wreaked havoc, leading to the heaviest rainfall in 47 years in the city, residents of Chennai drew parallels to the devastating floods of 2015. However, initial data on insurance claims suggests that the impact this time may portray a more optimistic scenario.

AI makes mark in drug discovery in India; start-up Peptris raises $1 mn

AI makes mark in drug discovery in India; start-up Peptris raises $1 mn

Rediff.com21 Dec 2023

The process of discovering and developing a new drug can take decades and costs hundreds of millions or even billions of dollars. However, technological advances like artificial intelligence can help speed up and transform the time-consuming and labor-intensive exercise. In India, Peptris Technologies, a Bangalore-based AI drug discovery company, has announced $1 million in pre-seed round investment led by Speciale Invest.

'People Love Diesel SUVs'

'People Love Diesel SUVs'

Rediff.com4 Dec 2023

'SUV is a very intensely fought category, unlike hatchbacks and cars.'

'It's a tough job to sell life insurance to people'

'It's a tough job to sell life insurance to people'

Rediff.com2 Dec 2023

'We are expected to grow at above 28 per cent this year, higher than the industry.'

Will Power Decide Telangana Victor?

Will Power Decide Telangana Victor?

Rediff.com29 Nov 2023

24x7 power supply to farmers emerges as a political lightning rod in the state.

Can KCR Score A Hat-Trick?

Can KCR Score A Hat-Trick?

Rediff.com28 Nov 2023

Experts foresee possible scenarios: A BRS government with less majority, a BRS government with BJP and AIMIM support, or a Congress government.

Want To Buy A Car? Juicy Offers Coming!

Want To Buy A Car? Juicy Offers Coming!

Rediff.com27 Nov 2023

'Nearly all companies are extending festival offers for entry-level, sedan, and hatchback segments.'

'Growth during the second half should be good'

'Growth during the second half should be good'

Rediff.com12 Nov 2023

'With NPA under control, we should be able to post better profits.'

What's taking the sheen off Sivakasi's firecracker sales?

What's taking the sheen off Sivakasi's firecracker sales?

Rediff.com30 Oct 2023

A complete ban on firecrackers in Delhi until January 1, the government's refusal to grant licences for sales in Karnataka, and restrictions in the Noida region are adversely affecting the business of manufacturers in Tamil Nadu's Sivakasi, which produces over 90 per cent of India's fireworks. According to industry players, demand has decreased by 20 per cent compared to last year. Moreover, the ban on the use of barium nitrate and the manufacturing and sale of joint fireworks is also impacting demand.

Demand For Choppers Soar As Elections Near

Demand For Choppers Soar As Elections Near

Rediff.com30 Oct 2023

In the months to come, the skies above promise to be a captivating theatre of action, where helicopters play starring roles, ferrying leaders, and echoing the pulse of democracy.

IMEC: Project Biden Thinks Hamas Targeted

IMEC: Project Biden Thinks Hamas Targeted

Rediff.com26 Oct 2023

Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.

At 1.3 million, two-wheeler sales cross pre-Covid figs of September 2019

At 1.3 million, two-wheeler sales cross pre-Covid figs of September 2019

Rediff.com26 Oct 2023

The two-wheeler segment is, however, still far from its H1FY19 peak of 9.7 million units

Indian Wheels for Vande Bharat Trains

Indian Wheels for Vande Bharat Trains

Rediff.com7 Oct 2023

India's iconic Vande Bharat train project may finally find a solution to its two Russian-related issues.

Nipah Is Keeping Kerala Tourists At Bay

Nipah Is Keeping Kerala Tourists At Bay

Rediff.com21 Sep 2023

The tourism industry expects a short-term impact, as it is counting on the state's proven expertise in managing such crises.

This is how Kerala brought Nipah under control in no time

This is how Kerala brought Nipah under control in no time

Rediff.com20 Sep 2023

Kerala is the only state, other than West Bengal (2001 and 2007), in India to have reported Nipah virus cases. Kerala is the only state, other than West Bengal (2001 and 2007), in India to have reported Nipah virus cases. The previous outbreaks in the state were in May 2018, June 2019 and September 2021. This explains the anticipation and readiness this year, reports Shine Jacob.

Sanatan Dharma Controversy: Why Stalin Is Unflustered

Sanatan Dharma Controversy: Why Stalin Is Unflustered

Rediff.com20 Sep 2023

Any narrative against the Dravidian model may impact the BJP's prospects in Tamil Nadu. This may explain why the BJP in Tamil Nadu is placing more emphasis on corruption allegations against the DMK, even as the party focuses nationally on the Sanatana controversy.

'Inputs ignored': Dhanlaxmi Bank independent director resigns from board

'Inputs ignored': Dhanlaxmi Bank independent director resigns from board

Rediff.com18 Sep 2023

Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. In his resignation letter, Kalyanasundaram has raised issues like factionalism in the board, his differences regarding rights issue and the alleged 'lack of in depth banking knowledge' in other members. This comes after Ravindran Pillai, head of RP Group, who holds 9.99 per cent stake in the bank (largest shareholder), came out with a special notice for removal of Kalyanasundaram.

Amid Competition, Royal Enfield Steps on the Gas to Draw Future Road Map

Amid Competition, Royal Enfield Steps on the Gas to Draw Future Road Map

Rediff.com9 Sep 2023

To come up with first EV by 2025, expects market to grow two to three-fold in the next ten years.

Aditya-L1 fires up funding prospects for pvt space cos

Aditya-L1 fires up funding prospects for pvt space cos

Rediff.com4 Sep 2023

The successful launch of Aditya-L1 - the country's maiden mission to study the Sun - is expected to garner increased investor interest in the Indian space sector and trigger more funding for private players. Several private sector players, including Larsen & Toubro (L&T), MTAR Technologies, and Ananth Technologies, have played a pivotal role in the Indian Space Research Organisation's (Isro's) solar observatory mission. Aditya-L1 on Saturday set off on a 125-day journey on a PSLV-C57 rocket, in its attempt to study various elements relating to the nearest star from the halo orbit around Lagrange point 1 (L1) of the Sun-Earth system, which is about 1.5 million km from Earth.

Hyundai global boss pushes electric vehicle credentials on India visit

Hyundai global boss pushes electric vehicle credentials on India visit

Rediff.com9 Aug 2023

Korean automaker Hyundai Motor Group (HMG) is vigorously aiming to establish a robust presence in India's electric vehicle (EV) segment through the introduction of new models and the establishment of charging stations under Hyundai Motor India (HMIL) and Kia India. Euisun Chung, executive chairman of HMG, who is currently visiting India, urged both companies to deliver products that not only meet but exceed customer expectations on time, thus driving the achievement of these growth targets. The group is strategically working to elevate Kia's market share from the current 6.7 per cent to an impressive 10 per cent in India in the near future.

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