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Local suppliers, MNCs voice concerns over DPIIT's Make in India push

Local suppliers, MNCs voice concerns over DPIIT's Make in India push

Rediff.com1 Mar 2024

The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed to raise the minimum local content under public procurement order in government contracts. But several local suppliers and multinational companies (MNCs) are saying such a steep target is not attainable. Class-I suppliers, whose goods, services or works offered for procurement has local content equal to or more than 50 per cent may see it hiked to 70 per cent, while it may go up to 50 per cent from 20 per cent for Class-II suppliers.

Tatas' Gujarat semiconductor fab will create over 20K jobs

Tatas' Gujarat semiconductor fab will create over 20K jobs

Rediff.com29 Feb 2024

Tata Electronics' Rs 91,000 crore semiconductor fab in Dholera, Gujarat, in partnership with PSMC, will generate over 20,000 direct and indirect skilled jobs in the region and construction of the mega unit is expected to begin this year, according to a statement on Thursday. The planned unit - India's first commercial fab, marks Tata Electronics' entry into the global semiconductor industry. Tata Electronics said it is "proud to lead India's entry into global semiconductor fabrication".

Sukhu owns up for HP defeat, crisis over, says DKS

Sukhu owns up for HP defeat, crisis over, says DKS

Rediff.com29 Feb 2024

Shivakumar also said that the central observers have spoken to Sukhu, party MLAs and state unit chief Pratibha Singh and all differences have been ironed out.

Woman moves HC against govt rule over maiden surname readoption

Woman moves HC against govt rule over maiden surname readoption

Rediff.com29 Feb 2024

The petitioner woman, who had added her now estranged husband's surname to her maiden name, said the requirement was in violation of the provisions of the Constitution.

TMC's Sandeshkhali strongman Shahjahan Sheikh arrested after 55 days

TMC's Sandeshkhali strongman Shahjahan Sheikh arrested after 55 days

Rediff.com29 Feb 2024

The Bharatiya Janata Party dubbed the arrest as scripted and claimed he was in the safe custody of West Bengal Police.

Is Happiness A Pipe Dream?

Is Happiness A Pipe Dream?

Rediff.com29 Feb 2024

We are spoilt for choice with the buffet of options available to us, notes Aarti David.

Record 3,300 kg of drugs seized off Gujarat coast in major drug haul

Record 3,300 kg of drugs seized off Gujarat coast in major drug haul

Rediff.com29 Feb 2024

The drugs seized include 3,089 kilograms of charas, 158 kg of Methamphetamine and 25 kg of morphine.

Doctors Can Now Check Patients Remotely

Doctors Can Now Check Patients Remotely

Rediff.com28 Feb 2024

An ambulance with a headset that helps doctors monitor and help patients from a distance is showcased at the Mobile World Congress in Barcelona, February 27, 2024.

Ishan Kishan's silent comeback

Ishan Kishan's silent comeback

Rediff.com27 Feb 2024

Kishan makes 19 on return to competitive cricket

'I learnt to be humble from Pankajji'

'I learnt to be humble from Pankajji'

Rediff.com27 Feb 2024

'Pankaj Udhasji took the Ghazal to the masses. He was a wonderful singer, but more importantly he was a wonderful human being.'

Modi Or Manmohan? Who Travelled More?

Modi Or Manmohan? Who Travelled More?

Rediff.com27 Feb 2024

While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.

NIA charges 3 Pak handlers among 5 Lashkar men with Rajouri terror attack

NIA charges 3 Pak handlers among 5 Lashkar men with Rajouri terror attack

Rediff.com26 Feb 2024

The final report against a juvenile who was also apprehended in the case will be submitted to the Juvenile Justice Board in Rajouri, a spokesperson of the federal agency said.

Can Voda Idea play on the front foot in a market fast resembling a duopoly?

Can Voda Idea play on the front foot in a market fast resembling a duopoly?

Rediff.com26 Feb 2024

In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Replying to an analyst's question on Vodafone Idea, a venture with the Aditya Birla Group that had piled on huge debts and worrisome losses, Read described it as a highly stressed situation that "they (Vodafone Idea) are trying to navigate... "We, as a group, try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any additional equity into India.''

Youth wouldn't use mobiles 12 hours a day if...: Rahul

Youth wouldn't use mobiles 12 hours a day if...: Rahul

Rediff.com24 Feb 2024

"If you get employment, you will watch Reels for half an hour and work for 12 hours," the Congress leader said.

'This is the Joe Root mode that win you Test matches'

'This is the Joe Root mode that win you Test matches'

Rediff.com23 Feb 2024

Root relies on trademark style to rescue England

India one of the toughest markets for Uber: CEO Dara Khosrowshahi

India one of the toughest markets for Uber: CEO Dara Khosrowshahi

Rediff.com23 Feb 2024

Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world. One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. "India is one of the toughest markets out there.

How Smart TV Is Changing India

How Smart TV Is Changing India

Rediff.com23 Feb 2024

The way video is being watched and monetised is changing. This is the first thing that stands out as the penetration of smart TVs continues to rise.

Fintech major PhonePe takes on Google, Apple with homegrown Indus Appstore

Fintech major PhonePe takes on Google, Apple with homegrown Indus Appstore

Rediff.com22 Feb 2024

Fintech major PhonePe on Wednesday announced the launch of its homegrown Indus Appstore specifically for the Indian market, in a bid to compete with global incumbents like Google Play Store and Apple's App Store. The Indus Appstore is PhonePe's attempt at creating a more competitive and localised mobile app store economy for India, which is already the world's largest market for mobile apps.

Farmers' protest: Haryana extends internet suspension till Feb 23

Farmers' protest: Haryana extends internet suspension till Feb 23

Rediff.com22 Feb 2024

The government said in an order that mobile internet services would be banned in Ambala, Kurukshetra, Kaithal, Jind, Hisar, Fatehabad and Sirsa districts.

Rishabh Pant going through match simulation exercises ahead of IPL 2024

Rishabh Pant going through match simulation exercises ahead of IPL 2024

Rediff.com21 Feb 2024

India wicketkeeper batter Rishabh Pant has begun going through a series of match-simulation exercises in Bengaluru as he looks to regain fitness ahead of the upcoming edition of the Indian Premier League (IPL), according to ESPNcricinfo.

The Indian Film Making Global Waves

The Indian Film Making Global Waves

Rediff.com21 Feb 2024

'I thought of a suppressed country and a free world.' 'If we travel from one to another, what will that road look like?' 'What colours, music there will be? What kind of people would you see?'

'You can't compare Modi and Dr Singh'

'You can't compare Modi and Dr Singh'

Rediff.com21 Feb 2024

'The sense of Constitutional propriety and political morality seems to be vanishing fast.' 'There are many things in today's politics of governance which Manmohan Singh would have never dreamt of saying or doing.'

SEE: Pant bats, keep wickets; all set for IPL 2024!

SEE: Pant bats, keep wickets; all set for IPL 2024!

Rediff.com20 Feb 2024

'Rishabh is very confident that he's going to be right to play.'

12 Asanas For GOOD HEALTH

12 Asanas For GOOD HEALTH

Rediff.com20 Feb 2024

Yogini and wellness entrepreneur Radhika Iyer Talati recommends 12 asanas to improve your overall health.

16-year-old JEE aspirant dies by suicide, another goes missing in Kota

16-year-old JEE aspirant dies by suicide, another goes missing in Kota

Rediff.com20 Feb 2024

The body a 16-year-old JEE aspirant, who left his hostel for a routine test on February 11 and went missing, was found on Monday night stuck between two trees on a rock in a forest area in Rajasthan's Kota, the police said.

Finnish firm HMD Global unveils strategy to recover lost ground

Finnish firm HMD Global unveils strategy to recover lost ground

Rediff.com20 Feb 2024

Can the launch of smartphones under its own brand name by Finnish company HMD Global - despite having a licence to use the Nokia brand which it bought from Microsoft - help it regain its once dominant position in the mobile phone sweepstakes in India, where it was once routed? In 2009, Nokia was the country's largest MNC with revenues of $4 billion and a market share touching 80 per cent in 2010. After this, its fortunes fell. Although it had been the first global player to set up an assembly plant, not only to assemble phones for the local market but for exports, it had to shut down operations in 2014.

5 Electric SUVs Coming To India

5 Electric SUVs Coming To India

Rediff.com20 Feb 2024

If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.

Has Paytm Woken Up Too Late?

Has Paytm Woken Up Too Late?

Rediff.com20 Feb 2024

Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.

Paytm app may lose access to digital wallet facility

Paytm app may lose access to digital wallet facility

Rediff.com19 Feb 2024

The Paytm application (app) could potentially face a permanent loss of its integrated mobile wallet feature, currently owned by Paytm Payments Bank (Paytm PB). With the recent crackdown on Paytm PB, sources say getting a fresh wallet licence may get tough for the group. "The Paytm app (One97 Communications) has to apply afresh to the RBI for a licence to operate a prepaid payment instrument (PPI) like a mobile wallet within the Paytm app, as PPI is a regulated entity.

Manmohan vs Modi Debate: India Is The Loser

Manmohan vs Modi Debate: India Is The Loser

Rediff.com19 Feb 2024

False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.

Digital Competition Bill Wants Interoperability

Digital Competition Bill Wants Interoperability

Rediff.com19 Feb 2024

It is being suggested that apps, such as WhatsApp and Telegram, should share their APIs with each other to ensure there is interoperability, just as it exists across email services.

Farmers to take call on govt offer to buy pulses, maize at MSP

Farmers to take call on govt offer to buy pulses, maize at MSP

Rediff.com19 Feb 2024

A panel of Union ministers held a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including a legal guarantee of MSP, as thousands of protesting farmers camped at the Punjab-Haryana border.

Paytm Payments Bank fiasco: Independent directors raised concerns

Paytm Payments Bank fiasco: Independent directors raised concerns

Rediff.com18 Feb 2024

At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.

India's ambitious chip dream all set to be real

India's ambitious chip dream all set to be real

Rediff.com18 Feb 2024

Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with.

Union ministers to hold 4th round of talks with farmers today

Union ministers to hold 4th round of talks with farmers today

Rediff.com18 Feb 2024

A panel of Union ministers will hold a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including loan waiver and bringing an ordinance on giving legal guarantee to a minimum support price (MSP) for crops.

AMAZING! The Class 9 Dropout Who Is Building Helicopters

AMAZING! The Class 9 Dropout Who Is Building Helicopters

Rediff.com17 Feb 2024

'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'

DGCA notice to Air India over 80-year-old's death after denied wheelchair

DGCA notice to Air India over 80-year-old's death after denied wheelchair

Rediff.com17 Feb 2024

The octogenarian was asked to wait due to heavy demand for wheelchair.

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Rediff.com16 Feb 2024

The syndicate used "stooge" bank accounts and shell companies to transfer the largest amount linked to a single case recorded in the city, the Customs and Excise Department of Hong Kong said.

Pak woman Seema Haider's first husband moves court for kids' custody

Pak woman Seema Haider's first husband moves court for kids' custody

Rediff.com16 Feb 2024

Ansar Burney, a top Pakistani lawyer and human rights activist, said that Ghulam Haider, Seema's Pakistani husband, had approached him for help in getting custody of his four children.

Paytm Payments Bank gets time till March 15 to stop transactions

Paytm Payments Bank gets time till March 15 to stop transactions

Rediff.com16 Feb 2024

The RBI on Friday gave 15 days more till March 15, 2024 to Paytm Payments Bank Ltd (PPBL) to stop deposits, credit transactions or top-ups in any customer accounts, wallets, and FASTags, keeping in view the interest of customers, including merchants. As per a January 31 order of the central bank, PPBL was asked to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29.

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