Search results for ' Vice Industry'

ASK AJIT: Stocks You Must Exit

ASK AJIT: Stocks You Must Exit

Rediff.com31 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Swiggy sets up development centre in Gurugram, home turf of rival Zomato

Swiggy sets up development centre in Gurugram, home turf of rival Zomato

Rediff.com10 Sep 2021

Swiggy is rapidly scaling up its technology (tech) teams as the food delivery giant is witnessing strong recovery and growth over the past few months. The SoftBank-backed company is hiring across engineering, product, design, analytics, and data science functions in the next two quarters. Building this team, Swiggy is setting up a new development centre in Gurugram. Its rival Zomato, which had a stellar debut on the Indian stock exchanges in July, is also headquartered in Gurugram.

Chip shortage may last up to two years, say Qualcomm and Intel

Chip shortage may last up to two years, say Qualcomm and Intel

Rediff.com4 Nov 2021

Leading microchip providers Qualcomm and Intel say the chip shortage might last anything between four months to a year, perhaps even two years, depending on the various product categories - mobile devices, ICE, electric vehicles, appliances, data centres. Prakash Mallya, MD, Intel India and vice president, sales and marketing and communications group, said the spike in demand was huge, and cut across segments from PCs, phones, appliances and auto leading to the shortage.

Ahead of polls, babu-turned-Modi aide AK Sharma to focus on western UP

Ahead of polls, babu-turned-Modi aide AK Sharma to focus on western UP

Rediff.com8 Sep 2021

The Bharatiya Janata Party's Uttar Pradesh vice president Arvind Kumar Sharma will be reaching out to residents of western UP with public meetings in Noida, Greater Noida and Bulandshahr from Friday.

Auto sales skid on supply chain woes; Tata Motors, M&M buck trend

Auto sales skid on supply chain woes; Tata Motors, M&M buck trend

Rediff.com1 Nov 2021

Leading carmakers Maruti Suzuki and Hyundai witnessed a double-digit drop in sales in October on account of the global semiconductor shortage impacting production. Kia India, Honda Cars and MG Motor also saw a fall in dispatches last month as compared with October 2020. However, companies like Tata Motors, Mahindra, Nissan and Skoda managed to post positive numbers last month despite the supply chain challenges.

Ask Ajit: 'New to investing. Need help'

Ask Ajit: 'New to investing. Need help'

Rediff.com9 May 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

'Beauty is the courage in your heart'

'Beauty is the courage in your heart'

Rediff.com1 Nov 2021

'The truth in your words and the relentless drive to make a difference.' 'So go on all you beautiful souls, the world is your oyster.'

8 core industries' output contracts to record 6.5% in March

8 core industries' output contracts to record 6.5% in March

Rediff.com30 Apr 2020

The record contraction in the growth rate of eight core sectors will have its impact on IIP.

Omicron Cancels Christmas, New Year Parties

Omicron Cancels Christmas, New Year Parties

Rediff.com22 Dec 2021

'We are not organising any large celebrations on New Year's Eve to avoid last-minute changes in guidelines.'

Decade's worst time for diamond industry

Decade's worst time for diamond industry

Rediff.com29 Apr 2020

Diamond industry expects revenues to drop by 20-25% in the current financial year.

Restarting work: Industry staring at higher operations cost

Restarting work: Industry staring at higher operations cost

Rediff.com16 Apr 2020

Ensuring health insurance for all workers would be major challenge for the industry that is already grappling with cash crunch, and the government should have borne the cost.

Economy to see 10.5% or higher growth this fiscal: Niti Aayog VC

Economy to see 10.5% or higher growth this fiscal: Niti Aayog VC

Rediff.com21 Oct 2021

Indian economy is expected to grow 10.5 per cent or more in the current fiscal, Niti Aayog Vice Chairman Rajiv Kumar said on Thursday. Speaking at a virtual conference organised by the Public Affairs Forum of India (PAFI), he also said that modernisation of the retail sector is very much on the cards. "India Purchasing Managers' Index (PMI) for both manufacturing and services has shown a very smart uptick last month. "This (Indian economy) will strengthen even further," he said. "I expect Indian economy to grow 10.5 per cent or higher in FY 22," he noted.

For India's cannabis industry the grass could be greener

For India's cannabis industry the grass could be greener

Rediff.com9 Mar 2021

'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'

China releases 'Galwan video', Cong questions PM

China releases 'Galwan video', Cong questions PM

Rediff.com15 Oct 2021

The Congress on Friday questioned the silence of the government on the veracity of a video which purportedly shows injured Indian soldiers in captivity of the Chinese and said if it is genuine, then Prime Minister Narendra Modi must ensure that China is held globally accountable for indulging in war crimes.

Bollywood to give theatres a KICK START!

Bollywood to give theatres a KICK START!

Rediff.com11 Oct 2021

'The opening up of theatres is well-timed to coincide with the festival season and give a big push. We expect box office collections to reach 2019 levels when they stood at Rs 10,000 crore.' Surajeet Das Gupta reports.

Card users may have to bear cost of RBI's new norms

Card users may have to bear cost of RBI's new norms

Rediff.com7 Oct 2021

The recent Reserve Bank of India (RBI) norms on tokenisation services, which will be offered by card networks, are likely to result in merchants and payment aggregators incurring a cost as they have to pay a fee to the networks. The merchants and the payment aggregators, in turn, may pass on the cost to the customers. The norms, which were issued by the banking regulator released on September 7, allow card networks like Visa and Mastercard to offer the tokenisation service.

Repeal of AFSPA major poll issue in militancy-hit Manipur

Repeal of AFSPA major poll issue in militancy-hit Manipur

Rediff.com14 Jan 2022

Besides law and order, the long standing demand for junking Armed Forces (Special Powers) Act, economic woes of the land-locked state which has hardly any industries, are expected to figure high on the agenda of the unfolding electoral battle between the two main parties with smaller local parties such as National People's Party and the Naga People's Front chipping in with their own demands.

Game Streaming the Next Hot Career?

Game Streaming the Next Hot Career?

Rediff.com23 Jun 2022

Game streaming is becoming a serious professional choice for youth, as it allows them to make good money.

Want A Job? Be SKEDUCATED!

Want A Job? Be SKEDUCATED!

Rediff.com26 May 2022

By simply being educated and acquiring a degree, you cannot earn money; you need to be skeducated. Skeducation is skill based education. Unfortunately they don't teach you this in the colleges. You got to do it yourself, advises management guru Virender Kapoor.

Modi to embark on 3-day US visit today

Modi to embark on 3-day US visit today

Rediff.com22 Sep 2021

The main elements of the programme are bilateral meetings with the US leadership, participation in the Quad Leaders' Summit, address at the UN General Assembly and business interactions.

Retail inflation eases to 5.3% in Aug as food prices soften

Retail inflation eases to 5.3% in Aug as food prices soften

Rediff.com13 Sep 2021

Subdued prices of food items like vegetables pulled down retail inflation for the third month in a row to 5.3 per cent in August, within the RBI's comfort zone. While the Consumer Price Index (CPI)-based retail inflation declined to 5.3 per cent in August from 6.69 per cent in the same month a year ago, food inflation dipped at a much faster pace to 3.11 per cent from 9.05 per cent in August 2020. The food inflation was also lower than 3.96 per cent in preceding month of July.

Despite security risks, 95% Indian cos to continue with WFH

Despite security risks, 95% Indian cos to continue with WFH

Rediff.com15 Jul 2021

The survey covered 1,210 IT executives and technology professionals from North America, the United Kingdom, Australia, New Zealand, Singapore and India. In India, 202 respondents from businesses with more than 500 employees across 18 industry verticals completed the survey. Overall, 89 per cent of the respondents said implementing a work-from-home policy had increased security challenges for their organisations. The risk posed by shadow IT was especially high, with 89 per cent of companies having no control over the software that employees purchase and install on their devices.

Mumbai woman who was raped, brutally assaulted with rod dies

Mumbai woman who was raped, brutally assaulted with rod dies

Rediff.com11 Sep 2021

The victim had suffered serious injuries in her private parts and there was a severe loss of blood in the incident. She was fighting for life at the Rajawadi Hospital since the early hours of Friday, an official said.

ASK AJIT: 'This stock hits circuits often. What to do?'

ASK AJIT: 'This stock hits circuits often. What to do?'

Rediff.com29 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Being 'atmanirbhar' is a mega challenge for auto industry

Being 'atmanirbhar' is a mega challenge for auto industry

Rediff.com5 Aug 2020

Indian auto industry's dependence on China is high and it will continue to be so in the BS-VI era and as the country moves towards electric mobility. Domestic players lack both technological competence and the sheer pricing advantage that support Chinese imports.

Sebi introduced an optional T+1 settlement cycle for markets

Sebi introduced an optional T+1 settlement cycle for markets

Rediff.com8 Sep 2021

The Securities and Exchange Board of India (Sebi) has introduced an optional T+1 settlement cycle for the markets. T+1 means that settlements will have to be cleared within one day of the actual transactions taking place. The regulator has put the onus on the stock exchanges to decide whether they want to opt for the shorter settlement cycle for any of the listed scrips. This can be done after giving a one-month prior notice to all stakeholders.

3 major drivers for the markets this week

3 major drivers for the markets this week

Rediff.com11 Jul 2021

Quarterly earnings from IT majors Infosys and Wipro, macroeconomic data announcements and global cues would be the major drivers for the equity markets this week, said analysts. Leading IT companies Infosys and Wipro and other players such as Mindtree, Tata Elxsi and HDFC AMC would announce their financial results this week. Moreover, industrial production numbers, retail and wholesale inflation data would be released this week.

Consumer durables may see double digit growth in 2022

Consumer durables may see double digit growth in 2022

Rediff.com21 Dec 2021

The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions. Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With the government's production linked incentive (PLI) scheme for white goods, which has witnessed a committed investment of Rs 4,614 crore, in place, many manufacturers are gearing up to make the most out of the opportunity as well as take steps towards reducing their dependency on imports and make products more affordable.

Tighter dud-loan norms: Shadow banks brace for headwinds

Tighter dud-loan norms: Shadow banks brace for headwinds

Rediff.com7 Feb 2022

On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Shadow banks, or non-banking financial companies (NBFCs), like commercial banks, are to test non-performing assets (NPAs) on a daily basis and upgrade them to "standard assets" only when interest and principal arrears are settled by borrowers. This is going to create all manner of headaches for shadow banks and their clientele. Says Y S Chakravarti, managing director and chief executive officer (CEO), Shriram City Union Finance: "NPA levels will go up, especially of small borrowers.

Survival first, revival later: Hotels' mantra for 2022

Survival first, revival later: Hotels' mantra for 2022

Rediff.com20 Dec 2021

When the sun rises in 2022, the Indian hospitality industry will be waking up with prayers for survival, desperately looking forward to some form of support from the government as revival from the impact of the coronavirus pandemic of the last two years will be an arduous journey. Just as the industry was beginning to see a flickering light at the end of a long tunnel towards the end of 2021, the spread of the Omicron variant of coronavirus and subsequent extension of suspension of scheduled international passenger flights till January 31, 2022, has come as a dampener to those who were looking to have some business in the winter season. With inbound tourist arrivals unlikely amidst the pandemic, the industry wants the government to incentivise domestic travels with income tax benefits for a limited period so as to help the hospitality and tourism sector get up again by tapping the pent up demand for holidays, within the country.

New recurring payment norms: 4 weeks later, people still face disruptions

New recurring payment norms: 4 weeks later, people still face disruptions

Rediff.com28 Oct 2021

More than three weeks have passed since the Reserve Bank of India's (RBI's) new guidelines on e-mandates for recurring payments came into effect but consumers are still taking to social media platforms to complain about the disruptions they are facing. This comes as most stakeholders in the ecosystem have not put in place systems in accordance with the new rules, resulting in many transactions not going through. Industry sources said most banks are still not ready, especially the smaller ones.

Except Maruti, automakers post robust sales growth in Aug

Except Maruti, automakers post robust sales growth in Aug

Rediff.com1 Sep 2021

Passenger vehicle majors like Hyundai, Tata Motors, M&M, Toyota Kirloskar and Honda on Wednesday reported growth in domestic sales in August riding on festive sentiments, although market leader Maruti Suzuki posted a decline amid a semiconductor shortage affecting the industry. The country's largest carmaker Maruti Suzuki India Ltd (MSIL) reported domestic sales at 110,080 units, as compared to 116,704 units in the same month last year, down 6 per cent. "Sales volume of the company in August 2021 was affected due to electronic components shortage.

'Each leg of my career has brought new experiences, new joys'

'Each leg of my career has brought new experiences, new joys'

Rediff.com28 Feb 2022

'My kids think it's very cool they will see me on Netflix.'

National Awards; Rajini humble; Kangana thrilled

National Awards; Rajini humble; Kangana thrilled

Rediff.com25 Oct 2021

'We should focus on creating cinema which is entertaining, gives us solace, some message, reduces our tension and makes us think positively.'

Does the govt really intend to revive the auto sector?

Does the govt really intend to revive the auto sector?

Rediff.com26 Aug 2021

In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India's largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government's intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.

COVID-19 outbreak credit negative for India's retail industry: Icra

COVID-19 outbreak credit negative for India's retail industry: Icra

Rediff.com30 Mar 2020

The anticipated adverse impact on the economy and consequent uncertainty around employment prospects is likely to result in lower purchasing power.

Assemblies, Parliament meant for debate, not disruption: VP

Assemblies, Parliament meant for debate, not disruption: VP

Rediff.com18 Aug 2021

Referring to the ugly scenes witnessed in the Rajya Sabha recently and indicating action against those involved, he reminded elected representatives of their responsibilities.

Why are the Rich Leaving India?

Why are the Rich Leaving India?

Rediff.com16 Aug 2021

'For HNIs, shifting economic activities outside India by creating regional hubs for businesses is a better option.'

'Glad Cadbury stuck to SRK during his bad times'

'Glad Cadbury stuck to SRK during his bad times'

Rediff.com1 Dec 2021

'Once an ad, or a brand, has taken a stance, it should have the guts to stick to it.' 'You can't put out an ad and then issue an apology.'

Who should head India's aviation regulator DGCA?

Who should head India's aviation regulator DGCA?

Rediff.com6 Oct 2021

Ahead of two crucial audits, the Ministry of Civil Aviation (MoCA) has proposed to allow deputy director generals (DGs) and officers of Indian Air Force (IAF) to apply for the post of chief of India's aviation regulator. The current head of the Directorate General of Civil Aviation (DGCA), Arun Kumar, has been promoted as secretary and is expected to move out some time soon. DGCA has four Deputy DGs with experience in different fields of aviation.