Search results for ' Incent'

JSW MG surges in sales: Is this the disruption electric car market needs?

JSW MG surges in sales: Is this the disruption electric car market needs?

Rediff.com30 Nov 2024

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

Despite import cuts, govt seeks smooth supply of laptops

Despite import cuts, govt seeks smooth supply of laptops

Rediff.com25 Nov 2024

As the Union government explores ways to restrict import of laptops and other electronic devices starting with a 5 per cent reduction from the current level, it is working to ensure that there's no supply disruption in India even if an import cap is introduced, it is learnt. The caveat assumes significance in the context of the government's announcement of its plan in August 2023 to issue licences for import of select IT hardware products to reduce the country's dependence on China.

Will Poll Gamechanger Laadki Bahin Continue?

Will Poll Gamechanger Laadki Bahin Continue?

Rediff.com26 Nov 2024

'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'

A third of iPhone output to be India-made

A third of iPhone output to be India-made

Rediff.com19 Nov 2024

Apple and its vendors are aiming to assemble 32 per cent of iPhone's global production volume and 26 per cent of its value in India by 2026-27 -a year after the final year of the five-year production-linked incentive (PLI) scheme for mobile devices. This could translate into a production value of over $34 billion, assuming global iPhone sales remain consistent with 2023-24 (FY24) levels. The estimates are based on discussions between Apple Inc and its vendors, along with central and state governments, regarding the assembly of products in India, according to sources.

How Indian Weddings Got So Big, Glitzy

How Indian Weddings Got So Big, Glitzy

Rediff.com20 Nov 2024

What was once a solemn Vedic ritual is today a celebration for the entire extended family. And why not? With families living in distant cities, even continents, weddings are seen as an occasion for cousins and uncles to congregate under one roof for two or three days, observes Ambi Parmeswaran.

Why Is Maharashtra An Underperformer?

Why Is Maharashtra An Underperformer?

Rediff.com23 Nov 2024

'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.

Better demand trends upgrade Indian Hotels to prfit suite

Better demand trends upgrade Indian Hotels to prfit suite

Rediff.com18 Nov 2024

After a quiet April-June quarter in 2024-25 (FY25), the operational and financial performance of India's largest listed hotel company, Indian Hotels Company, clearly rebounded in the July-September quarter (Q2) of FY25. With double-digit growth in the average room rate (ARR) and higher occupancy, the Taj Hotels chain owner reported a 16 per cent revenue increase and a 30 per cent rise in operating profit.

After cola play, Reliance Consumer takes trade margin fight to snacks

After cola play, Reliance Consumer takes trade margin fight to snacks

Rediff.com11 Nov 2024

After trying to make a dent in the cola market with Campa by offering higher trade margins to the supply chain, Reliance Consumer Products is betting on the same strategy to capture the chips, namkeen, and biscuits market in the country's booming snacks sector.

'Pure fiction': Russia denies Putin-Trump phone call

'Pure fiction': Russia denies Putin-Trump phone call

Rediff.com11 Nov 2024

Ukraine has been informed about the Trump-Putin call.

MVA manifesto promises period leaves, free cervical cancer vaccine

MVA manifesto promises period leaves, free cervical cancer vaccine

Rediff.com10 Nov 2024

The opposition Maha Vikas Aghadi on Sunday released its manifesto for the Maharashtra assembly polls, promising free cervical cancer vaccines for girls aged 9 to 16 and and two optional leave days for women employees during menstruation.

Delhi's Pollution Nightmare!

Delhi's Pollution Nightmare!

Rediff.com18 Nov 2024

Clean air needs action all year round; and that it will work only if we act jointly and at scale, asserts Sunita Narain.

Coming! Purge In EV 2 Wheeler Market

Coming! Purge In EV 2 Wheeler Market

Rediff.com13 Nov 2024

'Price competition is fierce, with many companies selling at zero margin.' 'This pricing pressure is challenging smaller companies and will likely drive some out of the market over time.'

Buying Property? Read This

Buying Property? Read This

Rediff.com4 Nov 2024

'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'

Want To Invest In Pharma & Healthcare?

Want To Invest In Pharma & Healthcare?

Rediff.com5 Nov 2024

'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'

'China-India-US Triangle Will Be One Of The More Fascinating Geopolitical Storylines Of The Second Trump Administration'

'China-India-US Triangle Will Be One Of The More Fascinating Geopolitical Storylines Of The Second Trump Administration'

Rediff.com13 Nov 2024

'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'

'Trump Will Back India On Pakistan'

'Trump Will Back India On Pakistan'

Rediff.com13 Nov 2024

'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'

Poll Schemes Threaten Maharashtra's Finances

Poll Schemes Threaten Maharashtra's Finances

Rediff.com4 Nov 2024

Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.

I am not against incentives on EVs, but its not my call: Nitin Gadkari

I am not against incentives on EVs, but its not my call: Nitin Gadkari

Rediff.com10 Sep 2024

Days after saying that there is no need for subsidies to achieve greater penetration of electric vehicles (EVs), Union Minister of Road Transport and Highways Nitin Gadkari on Monday clarified that the view is his own, but any official call on EV subsidies is not one that he can take.

Crude oil may slip to low $60s by 2025-end

Crude oil may slip to low $60s by 2025-end

Rediff.com23 Oct 2024

Crude oil prices could dip to the low $60s by the end of 2025 after rising to $80 a barrel in the last quarter (October-December) of 2024 - up nearly 10 per cent from current levels, suggest analysts at JP Morgan. The main players in West Asia, including Saudi Arabia and the UAE, have a strong incentive to keep the conflict contained, according to the JP Morgan report.

The Menace Of Illegal Constructions

The Menace Of Illegal Constructions

Rediff.com25 Oct 2024

As we brace for unprecedented rates of urbanisation, it is crucial to ensure that illegal constructions and unauthorised land use are curbed, asserts Amit Kapoor.

Water crisis: Half of global food production at risk

Water crisis: Half of global food production at risk

Rediff.com17 Oct 2024

The water crisis could jeopardise more than half of the world's food production and cause an average global GDP loss of 8 per cent by 2050, with lower-income countries facing up to a 15 per cent loss, according to a new report.

Can SC's new measures put a curb on child marriage?

Can SC's new measures put a curb on child marriage?

Rediff.com19 Oct 2024

Under the title of "legal enforcement", states and Union Territories were directed to appoint officers solely responsible for discharging the functions of Child Marriage Prohibition Officers at the district level.

Samsung Plant To Resume After 37 Day Strike

Samsung Plant To Resume After 37 Day Strike

Rediff.com18 Oct 2024

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

Paytm appears poised for rebound

Paytm appears poised for rebound

Rediff.com18 Oct 2024

While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license. UPI consumer data indicates stable market share, and expansion in partner networks in financial distribution. All this implies Paytm could be set to meet guidance of turning Adjusted Ebitda breakeven by Q4FY25 (ex of UPI-incentives).

Smartphones Not Diamonds Drive India's Exports To US

Smartphones Not Diamonds Drive India's Exports To US

Rediff.com14 Oct 2024

In the June quarter of 2024-2025, smartphone exports hit $2 billion, well ahead of non-industrial diamond exports, which stood at $1.44 billion.

Festival season, discounts boost Ola Electric sales

Festival season, discounts boost Ola Electric sales

Rediff.com16 Oct 2024

Under regulatory scanner, Bengaluru-based Ola Electric has witnessed an uptick in its sales after facing a decline during the last few months. The company's daily average sales rose to 1,154 units in October, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH). With sales reaching 17,315 units between October 1 and October 15, the company has also boosted its market share to 34 per cent, up from 27 per cent in September, in the electric two-wheeler (e2W) segment.

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.

Samsung has accepted most demands of the workers, says TN govt

Samsung has accepted most demands of the workers, says TN govt

Rediff.com9 Oct 2024

The Tamil Nadu government on Wednesday said Samsung India Electronics has accepted most of the demands of workers, who commenced strike on September 9, and reiterated its request that employees resume work immediately. In a related development, on Tuesday night, some participants/those related to the strike were arrested by police and were later released 'on their own bond' by a magistrate. A key demand of the Samsung workers, registration of their union, backed by the CPI(M) affiliated Centre of Indian Trade Unions (CITU), is, however, yet to be accepted by the authorities.

Marriott to set up GCC in Hyderabad, 1st in hospitality

Marriott to set up GCC in Hyderabad, 1st in hospitality

Rediff.com4 Oct 2024

Marriott International will set up a global capability center (GCC) in Hyderabad, which will be its first such offshore unit in India and will help support Marriott's various operations across its global enterprise in 141 countries and territories. Marriott Tech Accelerator is also -- in all likelihood -- the first ever GCC from a hospitality major being set-up in India. While the company did not give details of the size of the center, senior state government officials said that the company will hire 300 people by the first quarter of the calendar year 2025.

'We Are Lucky To Have Modi'

'We Are Lucky To Have Modi'

Rediff.com16 Oct 2024

'We don't have to go abroad for anything.' 'Anyone who thinks we have a lot to learn from the US needs to have his head examined.' 'We are in a new era.'

US tariffs risk Chinese goods flooding India

US tariffs risk Chinese goods flooding India

Rediff.com4 Oct 2024

India stares at the risk of an influx of Chinese products as US tariffs on a range of Chinese goods, including solar panels, electric vehicles, lithium-ion batteries, syringes, and steel, are set to take effect from September 27. With higher tariffs reducing China's access to the US market, there is concern that China may divert its exports to other markets, including India, which could lead to potential dumping of goods. This situation could challenge Indian industries, particularly in sectors where competition with Chinese products is already fierce.

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

Maiden critical minerals auction: A modest showing

Maiden critical minerals auction: A modest showing

Rediff.com30 Sep 2024

In June last year, India unveiled its first list of 29 critical minerals open for private sector exploration and mining. Since then, 38 critical mineral blocks have been auctioned, but only 14 - less than 37 per cent - have found bidders. This modest achievement was secured only after the Centre conducted a second round of auctions when the first round fell flat, failing to attract the minimum required bidders.

'Make in India' initiative helped strengthen economy

'Make in India' initiative helped strengthen economy

Rediff.com25 Sep 2024

The Modi government's flagship initiative 'Make in India' launched 10 years ago has helped the country boost exports, push investments and promote manufacturing. Under the initiative, launched on September 25, 2014, a series of measures have been taken by the government to boost local manufacturing. These initiatives include the rollout of production linked incentive (PLI) schemes for 14 sectors, easing foreign direct investment (FDI) norms, reducing compliance burden to improve business climate, all approvals through single window, and rolling out of the national logistics policy.

Is Modi Losing His Impact?

Is Modi Losing His Impact?

Rediff.com24 Sep 2024

Today even those who support Prime Minister Modi feel there is a certain sense of listlessness in this government. What is it intending to achieve? This is not easy to say, notes Aakar Patel.

Lenovo to make AI servers in India, establishes 4th largest R&D centre in country

Lenovo to make AI servers in India, establishes 4th largest R&D centre in country

Rediff.com17 Sep 2024

PC maker Lenovo India will start manufacturing 50,000 GPU-based AI servers in India next year, the company said on Tuesday. Besides this, Lenovo announced setting up its fourth largest research and development centre in Bengaluru. Lenovo India managing director Shailendra Katyal said that the company will make servers locally and also export them from its manufacturing unit in Puducherry.

Villages To Safeguard India's Borders

Villages To Safeguard India's Borders

Rediff.com26 Sep 2024

In underlining the role of border villages as custodians of India's frontiers, New Delhi is following China's example in Tibet.

'Hybrid vehicles are an intermediate solution'

'Hybrid vehicles are an intermediate solution'

Rediff.com26 Sep 2024

'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'

PLI scheme boosts AC industry; localisation doubles in two years

PLI scheme boosts AC industry; localisation doubles in two years

Rediff.com12 Sep 2024

The government's two-year-old production-linked incentive (PLI) for air conditioner (AC) components has boosted domestic production, with average value addition or localisation increasing from 25 per cent to 55 per cent now, according to the scheme's beneficiaries. Last year, 10 million ACs were manufactured and sold in India and the number is expected to reach 14 million in 2024, according to industry estimates. Domestic production is expected to hit 30 million by 2030.

BJP guarantees jobs to every Agniveer in Haryana, Rs 2,100 to women

BJP guarantees jobs to every Agniveer in Haryana, Rs 2,100 to women

Rediff.com19 Sep 2024

The Bharatiya Janata Party on Thursday released its manifesto for the October 5 Haryana assembly polls, promising a monthly assistance of Rs 2,100 for women, two lakh government jobs for the youth and guaranteed government job for Agniveers hailing from the state.