Search results for ' Vice Industry'

Tea companies may may get their flavour back despite drop in prices

Tea companies may may get their flavour back despite drop in prices

Rediff.com9 Aug 2021

Last year, major tea companies performed well on the back of higher prices. However, a drop in prices over the past month and a half, is threatening to put a spanner in a repeat performance. Tea prices started on a strong note this year with prices ruling higher than last year on the back of crop loss due to adverse weather conditions. After mid-June, however, prices started dropping, though they are still higher than 2019-levels for north Indian teas (which account for more than 80 per cent of total production).

Biden administration to revisit Trump-era trade deal with China

Biden administration to revisit Trump-era trade deal with China

Rediff.com4 Oct 2021

In January last year, the US signed the first phase of the trade deal with China, which former President Donald Trump described as historic, concluding more than a year of tough negotiations including several months of suspension of talks between the two largest economies of the world.

'All my stocks are crashing. Hold them?'

'All my stocks are crashing. Hold them?'

Rediff.com3 Mar 2022

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

Chip shortage pulls down passenger vehicle sales in September

Chip shortage pulls down passenger vehicle sales in September

Rediff.com1 Oct 2021

The global semiconductor shortage hit passenger vehicle sales in September, with major manufacturers like Maruti Suzuki, Hyundai and Mahindra & Mahindra reporting a decline in sales on Friday. Kia India and Honda Cars also reported a dip in wholesales last month as compared with the year-ago period. Carmakers like Tata Motors, Toyota Kirloskar Motor, Nissan and Skoda, however, reported an increase in passenger vehicle dispatches last month despite supply chain issues.

HC verdict allowing Central Vista challenged in SC

HC verdict allowing Central Vista challenged in SC

Rediff.com2 Jun 2021

A plea was filed in the Supreme Court on Wednesday challenging the Delhi high court's May 31 verdict which dismissed a petition seeking to suspend all construction activity of the Central Vista Avenue redevelopment during the COVID-19 pandemic while describing it as a 'vital' and 'essential' project of national importance.

No solution to chip supply shortage for now: Intel

No solution to chip supply shortage for now: Intel

Rediff.com31 May 2021

Global chip maker Intel on Monday said it could take a couple of years to address the supply shortage in the semiconductor ecosystem that is witnessing huge demand for tech products, accelerated by the COVID pandemic. Intel CEO Pat Gelsinger noted that the work and study-from-home trends during the COVID-19 pandemic have led to a "cycle of explosive growth in semiconductors" that has placed huge strain on global supply chains around the world. "We have been working diligently with our partners... to address constraints and increase output to meet demand, and we are acting to help ensure capacity to meet the world's needs for this new era... But, while the industry has taken steps to address near-term constraints, it could still take a couple of years for the ecosystem to address shortages of foundry capacity, substrates and components," he said at a virtual session at the Computex event.

What is China's action plan for Tibet?

What is China's action plan for Tibet?

Rediff.com16 Dec 2021

National security, consolidation of border defences and border security highlights China's Tibet policy, points out Jayadeva Ranade, the former senior RA&W officer and China expert.

ASK AJIT: 'Should I HOLD these stocks?'

ASK AJIT: 'Should I HOLD these stocks?'

Rediff.com24 Sep 2021

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

Cabinet okays 9 telecom reforms: 100% FDI, 4-year stay on dues and more

Cabinet okays 9 telecom reforms: 100% FDI, 4-year stay on dues and more

Rediff.com15 Sep 2021

In big bang reforms, the Union Cabinet on Wednesday approved a relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route. Briefing reporters on the decisions taken by the Cabinet, Telecom Minister Ashwini Vaishnav said nine structural reforms for the telecom sector were approved. The definition of AGR, which had been a major reason for the stress in the sector, has been rationalised by excluding non-telecom revenue of telecom companies.

ASK AJIT: Stocks To Buy, Hold, Sell

ASK AJIT: Stocks To Buy, Hold, Sell

Rediff.com11 Mar 2022

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

Fresh TMC-BJP row over 'Transforming UP' ad

Fresh TMC-BJP row over 'Transforming UP' ad

Rediff.com12 Sep 2021

While TMC leaders ridiculed Prime Minister Narendra Modi and UP chief minister Yogi Adityanath for lifting an image purportedly from West Bengal, the BJP in the Mamata Banerjee-ruled state took potshots at crashing flyovers in the eastern state over the use of an image in a newspaper ad

Samsung's Harman starts 5G testing lab in India

Samsung's Harman starts 5G testing lab in India

Rediff.com12 May 2021

Samsung's connected technology solutions provider Harman on Wednesday said it has started a 5G testing lab in India to help companies test their devices for operating them on the next generation network. The company said its 5G lab enables a holistic, device-to-cloud performance analysis -- enabling chipset conformance testing, pre-certification testing, network operator approval testing, application performance verification and more. Harman Digital Transformation Services (DTS) senior vice president David Owens said advances in technologies like 5G yield significant opportunity to accelerate innovation across nearly every industry -- from healthcare and manufacturing, transportation to consumer device support.

Global chip shortage may persist till Q2 of 2022: Gartner

Global chip shortage may persist till Q2 of 2022: Gartner

Rediff.com12 May 2021

The shortage of semiconductors globally is expected to persist through 2021 and recover to normal levels by the second quarter of 2022, which will constrain the production of many electronic equipment types this year, according to research firm Gartner. Semiconductors play a crucial role in everything, right from computers to appliances, communication devices, transportation systems to critical infrastructure. The breakout of the COVID-19 pandemic had temporarily disrupted semiconductor shipments.

HOTTEST Skills At Campus Placements

HOTTEST Skills At Campus Placements

Rediff.com7 Sep 2021

'We are anticipating that the hiring trend will continue to see double-digit growth at least for the current financial year.'

Traders cry foul over stock limit on pulses

Traders cry foul over stock limit on pulses

Rediff.com6 Jul 2021

On a day when several mandis across the country are closed in protest against the recent Centre's decision to impose stringent stock-holding limit on pulses, the government clarified that limits have been defined as retail prices are still higher than last year though there is some moderation in the last few weeks. It said the same logic also holds true for edible oils, the import duties on which was slashed few days back and curbs lifted on import of refined oils. The decision on edible oil and pulses have caused massive resentment among the trading community as it came just ahead of the kharif sowing season, when prices were off their peaks due to multiple steps announced previously. Sources said trading activity in some of the major mandis dealing in pulses such as Sholapur, Amravati and Latur in Maharashtra, Indore and Dewas in Madhya Pradesh along with Kanpur in Uttar Pradesh was impacted as traders went on a flash strike in protest against the decision to impose stock limits.

Home appliance cos seek place on essential items' list

Home appliance cos seek place on essential items' list

Rediff.com3 May 2021

Some companies argue that the culture of staying, working and learning at home will persist for a while, altering lifestyle habits of consumers.

US Defence Secretary directs Pentagon to provide material support to Indian healthcare workers

US Defence Secretary directs Pentagon to provide material support to Indian healthcare workers

Rediff.com26 Apr 2021

The move comes soon after US President Joe Biden and Vice President Kamala Harris directed towards mobilisation of American resources to assist India to tackle the unprecedented health crisis in the wake of the deadly second wave of coronavirus.

How Modi Restored Dignity Of Padma Awards

How Modi Restored Dignity Of Padma Awards

Rediff.com18 Nov 2021

No longer, Virendra Kapoor points out, are these awards given on the recommendation of ministers, or the Delhi-based liaison men who had ruled the roast till 2014.

Why cryptocurrencies will continue to grow in India

Why cryptocurrencies will continue to grow in India

Rediff.com6 Jan 2022

The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

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

April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

Rediff.com22 Apr 2021

Maharashtra, which contributes between 12 and 15 per cent of appliances sales, announced lockdown-like curbs, meaning there will be no business for the second half of the month as well from the state.

Hero MotoCorp halts production as precautionary measure

Hero MotoCorp halts production as precautionary measure

Rediff.com21 Apr 2021

The company will utilise this time to carry out maintenance work at its manufacturing plants.

Stocks: 'Third wave will bring near-term challenges'

Stocks: 'Third wave will bring near-term challenges'

Rediff.com23 Aug 2021

'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'

Governor Caught In Centre-Tamil Nadu Crossfire

Governor Caught In Centre-Tamil Nadu Crossfire

Rediff.com20 Apr 2022

The DMK feels its genuine gestures have had no bearing on the governor's politico-administrative conduct, which is 'more political and politicised than administrative and Constitutional', observes N Sathiya Moorthy.

Flipkart's Bengal warehouse to create about 3,500 jobs

Flipkart's Bengal warehouse to create about 3,500 jobs

Rediff.com16 Jun 2021

Walmart-owned Flipkart on Wednesday said it has set up a new fulfilment centre (warehouse) in West Bengal, its second-largest in the state, that will help in creating nearly 3,500 direct jobs. Spread across an area of over 2.2 lakh sq ft, the new facility in Dankuni will cater to the needs of Flipkart and Myntra customers in the region and bolster the e-commerce major's efforts to ramps up supply chain infrastructure in the eastern part of the country. The facility will also help thousands of sellers offer a wider selection and enable faster deliveries of customer orders within the region and neighbouring states while also helping create national market access, according to a statement.

ASK AJIT: 'Want to invest Rs 10 lakh'

ASK AJIT: 'Want to invest Rs 10 lakh'

Rediff.com9 Mar 2022

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

Maharashtra traders body plans to defy Covid curbs, open stores

Maharashtra traders body plans to defy Covid curbs, open stores

Rediff.com10 Apr 2021

'Traders have stocked up for upcoming festivals and will make a loss if stores remain shut now. We suffered last year. We can't suffer again. There is no scientific basis for closing all commercial establishments. How long will the government keep them shut?'

ASK AJIT: 'Lost Rs 20 lakhs in market crash. Any safe bets now?'

ASK AJIT: 'Lost Rs 20 lakhs in market crash. Any safe bets now?'

Rediff.com30 Sep 2021

Ajit Mishra answers reader queries on the stock market.

How to write a CV that will get you a JOB

How to write a CV that will get you a JOB

Rediff.com1 Jun 2021

You can pitch yourself as the perfect candidate by highlighting your skills, the relationship between your experience and the job, and your willingness to learn.

CAIT urges govt to curb 'arbitrariness' of foreign cos

CAIT urges govt to curb 'arbitrariness' of foreign cos

Rediff.com26 Mar 2021

Traders' body CAIT on Friday urged the commerce and industry ministry to issue a revised Press Note 2 on FDI in e-commerce marketplaces incorporating stringent provisions to curb the "arbitrariness" of foreign companies. The Confederation of All India Traders (CAIT) also came down heavily on Amazon, terming its statement at a meeting organised by Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday "extremely ridiculous and hilarious". Asserting that Amazon had claimed that it has added 1.5 lakh new traders to its portal, CAIT secretary general Praveen Khandelwal said this is a ridiculous argument.

I-T Portal: Infosys Deserved Better

I-T Portal: Infosys Deserved Better

Rediff.com28 Sep 2021

The tax portal problem is a goof-up by both sides, and making Infosys the only villain in the story is quite unfair, argues Shyamal Majumdar.

Why Young Investors Love Smallcases

Why Young Investors Love Smallcases

Rediff.com27 Sep 2021

Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.

30 cos may float IPOs in Oct-Nov to mop up Rs 45,000 cr

30 cos may float IPOs in Oct-Nov to mop up Rs 45,000 cr

Rediff.com26 Sep 2021

Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.

Jeh Wadia steps down as GoAir's managing director

Jeh Wadia steps down as GoAir's managing director

Rediff.com22 Mar 2021

Wadia group-owned no-frills airline GoAir on Monday announced that its managing director Jeh Wadia has stepped down from the position. The airline, however, said that Wadia will continue as a promoter. It also announced the appointment of aviation industry veteran Ben Baldanza as vice chairman at the carrier. Baldanza has been an advisor to the company since 2018 and director since 2019.

ASK AJIT: Stocks to Buy, Hold, Sell

ASK AJIT: Stocks to Buy, Hold, Sell

Rediff.com28 Jan 2022

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

Tech driven farming still remains a pipedream

Tech driven farming still remains a pipedream

Rediff.com19 May 2021

As India looks to scale up use of technology in agriculture, a recent study has found that with just 2 per cent of the cultivators in India using mobile applications for farm-related activities and real-time alerts, adoption of tech solutions such as Internet of Things (IoT) remains at a nascent stage. It also found almost 90 per cent of the existing start-ups and tech-based companies have solutions that are focused only on pre-harvest operations and not on post-harvest which has a higher investment potential due to the presence of big companies. In post-harvest operations, the study, Titled, IoT Adoption in Indian agriculture, that was conducted by industry body Nasscom along with Cisco India among more than 180 enterprises and 40 agritech start-ups found that unclear Return on Investments (RoI) is a big stumbling block for adoption of tech solutions like IoT.

How India can avoid being crippled by chip shortages

How India can avoid being crippled by chip shortages

Rediff.com19 Jul 2021

Tata Motors recently cut the sales forecast of its luxury car brand, JLR, due to chip shortages, scaling down its production numbers from the earlier 120,000 units to 60,000-65,000 units by September, and leading to an almost 10 per cent fall in the company's stock. In May this year, Bosch India, too, had stated that chip shortfalls would impact its production, as supply chains were getting disrupted.

Axis Bank launches contactless wearable payment devices

Axis Bank launches contactless wearable payment devices

Rediff.com10 Mar 2021

Private sector lender Axis Bank on Wednesday launched the country's first contactless wearable payment devices to allow customers make on-the-go transactions more conveniently. Announcing the 'Wear N Pay' wearable devices brand, Axis Bank said it is the first bank in India to offer such a service. The bank has partnered with Thales and Tappy Technologies to design and create these products, which are exclusively available on the Mastercard platform, it said in a release.

Covid curbs at foreign ports hit Indian seafarers hard

Covid curbs at foreign ports hit Indian seafarers hard

Rediff.com14 May 2021

The trade to-and-from India so far is not affected. But if the situation continues to remain the same for the next two to three months, it could definitely hurt India trade, including essential cargo.

ASK AJIT: 'Can I do SIP in these stocks?

ASK AJIT: 'Can I do SIP in these stocks?

Rediff.com30 Nov 2021

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