Shine Jacob

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PV or CV at TN plant? TaMo to decide based on trends

PV or CV at TN plant? TaMo to decide based on trends

Rediff.com15 Mar 2024

Tata Motors will soon submit a detailed report on the upcoming manufacturing plant in Tamil Nadu's Ranipet district and a decision, on whether the facility will churn out passenger or commercial vehicles, will be taken by the company on the basis of market trends, state's industries minister TRB Rajaa said on Thursday. "They are keeping the options open, and market trends will determine it (the type of vehicles the plant will make). "They will quickly come up with a detailed report on that," Rajaa said.

Rahul may win Wayanad but Kerala is no Congress fortress this time

Rahul may win Wayanad but Kerala is no Congress fortress this time

Rediff.com11 Mar 2024

Political pundits unanimously suggest that the state is not experiencing a discernible Gandhi wave this time around.

VinFast kicks off Tamil Nadu unit construction, seeks cut in import duty

VinFast kicks off Tamil Nadu unit construction, seeks cut in import duty

Rediff.com26 Feb 2024

Vietnam-based electric vehicle maker VinFast, a rival of Tesla in the global market, has set foot in India and began work on building its Rs 16,000 crore EV manufacturing facility at Thoothukudi in Tamil Nadu. The company has already sought a reduction in import duties on its cars for about two years until customers get familiar with the brand and its unit in the state. The global major kicked off the construction of the first phase of its integrated EV hub, which may see Rs 4,000 crore of investment initially and will create more than 10,000 jobs.

Harley, Triumph blaze a trail, give Enfield a tough ride

Harley, Triumph blaze a trail, give Enfield a tough ride

Rediff.com19 Feb 2024

It has been seven months since the iconic motorcycle manufacturers, Harley-Davidson and Triumph, embarked on their journey in India with the backing of partners Hero MotoCorp and Bajaj Auto. According to data shared by the Indian majors, both brands are already creating ripples in the above 350cc category. The increase in sales has prompted a ramp-up in production and even the doubling of retail touchpoints for one of them.

India's 1st Private Launchpad Preps For Liftoff

India's 1st Private Launchpad Preps For Liftoff

Rediff.com13 Feb 2024

Preparations are in the final stages by the Chennai-headquartered space-tech startup Agnikul Cosmos for the maiden launch of India's first-ever private launchpad and the second rocket launch by a private sector player.

Why This 2-Time MP Won't Contest Polls

Why This 2-Time MP Won't Contest Polls

Rediff.com2 Feb 2024

'If businessmen should be included in the political process -- which is essential in my opinion -- they need to have the freedom to express themselves and to take stands against the government of the day, without fear of reprisals and attacks on their business.'

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Rediff.com13 Jan 2024

Driven by mega investment proposals from Tata Power, Adani group, Singapore's Sembcorp Industries and Leap Green Energy, among others, the two-day Global Investors Meet 2024 in Tamil Nadu is expecting an infusion of around Rs 6.64 trillion. This is likely to create around 2.69 million direct and indirect jobs in the state. "Due to our tireless efforts and your participation during this Global Investors' Meet, we have attracted an unprecedented Rs 6.64 trillion of investments.

Tamil Nadu pulling out all stops for investor meet

Tamil Nadu pulling out all stops for investor meet

Rediff.com4 Jan 2024

Tamil Nadu is leaving no stone unturned in marketing its upcoming global investors meeting on January 7 and 8. While business veterans are promoting the positives of the state's industrial climate through the 'Titans of Tamil Nadu" campaign, the state is narrating the human stories behind its robust industrial growth via the 'One Trillion Dreams' campaign. Among the industry bigwigs, who are showcasing Tamil Nadu to the world through this mega marketing initiative include Venu Srinivasan of TVS Motor Company, K M Mammen of MRF Ltd, Pratap Reddy of Apollo Hospitals, P R Venketrama Raja of Ramco Group, Mallika Srinivasan of TAFE; and Vellayan Subbiah of Murugappa Group.

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

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