Search results for ' Vietnam'

China conducting military drills near Vietnam coast

China conducting military drills near Vietnam coast

Rediff.com6 Mar 2022

The Bangkok Post reported that Beijing has warned ships to stay away from the region.

Remembering Football Legend Tulsidas Balaram

Remembering Football Legend Tulsidas Balaram

Rediff.com20 Feb 2023

Tulsidas Balaram, who passed into the ages last week, was a member of the Indian football team which reached the semis at the Olympics and won an Asian Games gold medal.

China Plus One: Low labour costs and growing workforce give India the edge

China Plus One: Low labour costs and growing workforce give India the edge

Rediff.com5 Dec 2022

A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.

How Foxconn, Dixon are using the PLI route to boost manufacturing in India

How Foxconn, Dixon are using the PLI route to boost manufacturing in India

Rediff.com3 Jan 2023

They are both electronic manufacturing services (EMS) companies, also known as contract manufacturers. One is Taiwan's Foxconn group, the undisputed global number one in this business with revenues of $223 billion. The other is Dixon Technologies, the biggest domestic player with revenues of over Rs 10,500 crore.

M&M to sell controlling stake in Peugeot Motocycles to Mutares

M&M to sell controlling stake in Peugeot Motocycles to Mutares

Rediff.com11 Nov 2022

Germany-based Mutares SE & Co will acquire 80 per cent controlling stake in Mahindra & Mahindra's French unit Peugeot Motocycles. In a statement, the Mumbai-based auto major on Thursday said Mutares has submitted an irrevocable binding offer to acquire 50 per cent of equity and a controlling stake of 80 per cent in France-based Peugeot Motocycles (PMTC). As part of the deal, Purple, a fully-owned entity of Mutares Holding, would invest 7 million euros in PMTC, which would entitle it to a 50 per cent shareholding and 80.01 per cent voting rights in the French firm.

India will not be an ally of US, but another great power: WH official

India will not be an ally of US, but another great power: WH official

Rediff.com9 Dec 2022

Kurt Campbell, the White House Asia Coordinator, said that in his view India is the most important bilateral relationship for the United States in the 21st century.

India's Praggnanandhaa, Nandhidhaa bag Asian chess C'ship titles

India's Praggnanandhaa, Nandhidhaa bag Asian chess C'ship titles

Rediff.com3 Nov 2022

S L Narayanan, Harsha Bharathakoti, Karthik Venkataraman and Shamsiddin Vokhidov, the other players who had an outside chance of a shot at the title, missed out after drawn games.

Is India's Government Too Bloated?

Is India's Government Too Bloated?

Rediff.com18 Nov 2022

Perhaps the finance ministry or NITI Aayog could take a detailed look at what governments actually deliver and at what cost; how their services can be improved and expanded where necessary; how much money can be saved through doing things differently; and how many things the government does which it can safely leave to the private sector, argues T N Ninan.

From Dixon to Lava, Indian firms in JV talks with Chinese players

From Dixon to Lava, Indian firms in JV talks with Chinese players

Rediff.com11 Nov 2022

Home-grown companies, including electronics manufacturing services (EMS) firm Dixon Technologies and mobile device maker Lava International, have started exploratory talks with Chinese sub-assemblies and component players for setting up joint ventures (JVs) in the country. Sources in the industry say many domestic companies have also had preliminary discussions with original design manufacturers (ODMs) in China to look at a JV model for manufacturing smartphones. Key ODM players in mobile devices in China include Longcheer, Huaqin, and Wingtech, which has already set up a plant in Tirupati.

Why Tirupur Missed The World Cup Bus

Why Tirupur Missed The World Cup Bus

Rediff.com3 Jan 2023

'A change we have seen after the Russia-Ukraine war is the energy crisis in Europe.' 'Earlier, in Europe, people used to change their clothes after 5 washes, now they are using it till 15-20 washes.' 'They used to change their entire wardrobe after 2 months or so, but because of the economic conditions, it has changed.' 'It has affected exports as 40% of our exports is to Europe, 30% to the US and 10% to the UK.' 'The war has to end for better days to come.'

US woman diplomats go on 'auto-pilot' to connect with people

US woman diplomats go on 'auto-pilot' to connect with people

Rediff.com23 Nov 2022

Ann L Mason, Ruth Holmberg, Shareen J Kitterman and Jennifer Bywaters love to go around in their black and pink three-wheelers, driving themselves for all their work, including 'official trips'. These diplomats have taken to the common man's commute not just for fun, but also to set an example.

Vietnem Open: Praneeth knocked out

Vietnem Open: Praneeth knocked out

Rediff.com28 Sep 2022

Harshit Aggarwal defeated Mongolia's Batdavaa Munkhbat 21-15, 21-13 to be pitted against Japan's third seed Kodai Naraoka in the third round.

Julius Baer Cup: Carlsen wins first match of final vs Erigaisi

Julius Baer Cup: Carlsen wins first match of final vs Erigaisi

Rediff.com25 Sep 2022

World No. 1 Magnus Carlsen underlined his superiority, winning the first two games in the opening match of the final against teenaged Indian Grandmaster Arjun Erigaisi.

'China could be preparing for full scale war'

'China could be preparing for full scale war'

Rediff.com20 Dec 2022

'When armies start attacking with clubs and batons, then at some point this can take an escalatory spiral and spin out of control.'

Julius Baer Cup: Erigaisi enters semis; Praggnanandhaa bows out

Julius Baer Cup: Erigaisi enters semis; Praggnanandhaa bows out

Rediff.com23 Sep 2022

India's Grandmaster Arjun Erigaisi edged out fellow teenager Christopher Yoo in the quarter-finals via tie-breaker to reach the last four round of the Julius Baer Generation Cup online rapid chess tournament on Friday.

iPhone 14 production cut may not impact Apple's India plans: Experts

iPhone 14 production cut may not impact Apple's India plans: Experts

Rediff.com8 Oct 2022

The Apple iPhone comprises 44 per cent of the global smartphone market's revenues and it is the second most-such device to be shipped after Samsung. More than half of smartphones used in the US are iPhones. More than 7 million iPhones are expected to be sold in India in 2022, extending the user base to 20 million, according to market research and analyst firm Techarc. Hence, the news about Apple scaling down its production target for iPhone 14 in India has made news.

Be ready to fight and win wars, Xi Jinping tells PLA

Be ready to fight and win wars, Xi Jinping tells PLA

Rediff.com9 Nov 2022

Xi said the entire military should devote all its energy to carry out all its work for combat readiness, enhance its capability to fight and win, and effectively fulfill its missions and tasks

AIFF offers India coach a new deal...with a warning

AIFF offers India coach a new deal...with a warning

Rediff.com19 Sep 2022

The benchmark for the Croatian former World Cupper may seem to be a bit high but Prabhakaran said it was "the technical committee's decision and is endorsed by the executive committee."

Dip in demand from China, Italy may have hit India's merchandise exports

Dip in demand from China, Italy may have hit India's merchandise exports

Rediff.com5 Oct 2022

A decline in external demand from countries, such as China, Bangladesh, and Italy, is driving down India's merchandise exports that could have led to exports contraction in September for the first time in 19 months. Disaggregated data available till August showed, among top 50 export destinations of India, shipments contracted to 19 and 17 economies in July and August, respectively. In contrast, exports had declined only to six among the top 50 destinations in June.

India strives for relationship with China, but...: Jaishankar

India strives for relationship with China, but...: Jaishankar

Rediff.com29 Sep 2022

China claims nearly all of the disputed South China Sea, though Taiwan, the Philippines, Brunei, Malaysia and Vietnam all claim parts of it. Beijing has built artificial islands and military installations in the South China Sea. Beijing is also involved in a maritime dispute with Japan over the East China Sea.

With eyes on China, India, Japan agree to bolster defence ties

With eyes on China, India, Japan agree to bolster defence ties

Rediff.com8 Sep 2022

India and Japan on Thursday agreed to enhance military exercises and defence cooperation as the two countries emphasised that the bilateral special strategic and global partnership plays a crucial role in ensuring a free, open and rules-based Indo-Pacific, amidst China's aggressive behaviour in the region.

India-US 2+2 agree to further strengthen ties for free, safe Indo-Pacific

India-US 2+2 agree to further strengthen ties for free, safe Indo-Pacific

Rediff.com8 Sep 2022

Indo-Pacific region. Senior officials from the ministries of External Affairs and Defence, and the US departments of Defence and State met here for the India-US 2+2 Inter-Sessional meeting.

In first meet with Xi, Biden brings up China's policies in Taiwan, Tibet, Hong Kong

In first meet with Xi, Biden brings up China's policies in Taiwan, Tibet, Hong Kong

Rediff.com14 Nov 2022

US President Joe Biden and his Chinese counterpart Xi Jinping on Monday held their first in-person meeting in Bali, with both leaders underscoring the need to manage their differences and prevent a conflict, amid Beijing's coercive military posturing against Taiwan and in the strategic Indo-Pacific region.

Has Modi Done A Good Job On Exports?

Has Modi Done A Good Job On Exports?

Rediff.com19 Oct 2022

Seven years after Modi took office, merchandise exports were lower in 2020-2021 than when he had taken over from Manmohan Singh, points out Aakar Patel.

REVEALED: How Much New BrahMos Missiles Cost

REVEALED: How Much New BrahMos Missiles Cost

Rediff.com26 Sep 2022

The MoD did not reveal the number of missiles procured through the latest contract.
However, this information was inadvertently revealed through an official MoD photograph that accompanied the announcement.

Coming soon: iPhone 14 -- made in India, made for the world

Coming soon: iPhone 14 -- made in India, made for the world

Rediff.com26 Sep 2022

Apple's newest phone iPhone 14 will be made in India as the global tech titan bets big on the manufacturing prowess of the world's second-biggest smartphone market after China.

India keen to expand footprint in oil-rich Siberia

India keen to expand footprint in oil-rich Siberia

Rediff.com6 Sep 2022

Indian officials will focus on expanding the country's footprint in oil-rich Siberia when they meet their Russian counterparts at the four-day 7th Eastern Economic Forum beginning Monday in Vladivostok. The two sides will discuss the possibility of joint oil exploration in the area and cooperation in running offshore oil and gas fields Western companies are in the process of exiting, officials said in New Delhi. Pavan Kapoor, India's ambassador to Russia, will lead the official-level talks at the summit scheduled September 5-8.

G20 Presidency Is A Jackpot For Modi

G20 Presidency Is A Jackpot For Modi

Rediff.com1 Dec 2022

Heading G20 will give India a foreign affairs year like it has never had in history. You can trust Narendra Modi to exploit this to India's benefit. And, of course, to his own in his election year, explains Shekhar Gupta.

India abstains from UN vote condemning Russia's annexations

India abstains from UN vote condemning Russia's annexations

Rediff.com13 Oct 2022

The 193-member general assembly voted overwhelmingly on Wednesday to condemn Russia's "illegal so-called referendums in regions within the internationally recognised borders of Ukraine and the attempted illegal annexation of the Donetsk, Kherson, Luhansk, and Zaporizhzhia regions of Ukraine, following the organisation of the above-mentioned referendums".

India's sub-Rs 10,000 phone market may be reserved for domestic players

India's sub-Rs 10,000 phone market may be reserved for domestic players

Rediff.com23 Aug 2022

How dominant are Chinese firms in India's sub-Rs 10,000 mobile device market? The question has become relevant as the government has been thinking of reserving this price segment for domestic players who have not been able to battle the Chinese onslaught. However, telecom firms and others are concerned that such a move could stymie the effort to build affordable 5G phones in the sub-Rs 10,000 category.

India, Pak bonhomie at WTO blossoms despite fractious bilateral relations

India, Pak bonhomie at WTO blossoms despite fractious bilateral relations

Rediff.com17 Aug 2022

Even as the bilateral relationship between the two neighbouring countries remains hostile, there is growing coordination between India and Pakistan on one multilateral forum - the World Trade Organization (WTO). Both countries have made two joint submissions at the WTO as co-sponsors in the past two months. In June, Pakistan joined India, Cuba, and 44 African countries, seeking sufficient flexibility in intellectual property rights for developing countries to fight the Covid-19 pandemic.

How FIFA ban will hit Indian football

How FIFA ban will hit Indian football

Rediff.com16 Aug 2022

While there is no imminent threat to the AFC Asian Cup participation by the senior men's team in late 2023 or early 2024, some of the games slated for clubs and age-group national teams in the next few months could well be a tricky terrain.

Apple's vendors create 30,000 new jobs under PLI scheme

Apple's vendors create 30,000 new jobs under PLI scheme

Rediff.com29 Jul 2022

Apple's three vendors in the country have hit the milestone of creating 30,000 new direct jobs since the production-linked incentive (PLI) scheme for mobile devices kicked off in April 2021. Based on the government's estimate that one direct job in the electronics industry helps to generate three indirect ones, Apple's vendors, Foxconn Hon Hai, Wistron and Pegatron, are close to creating 100,000 direct and indirect jobs. The direct jobs that the vendors have created account for a fourth of Apple's commitment to generate 60 per cent of the new direct jobs out of the 200,000 jobs targeted by the government under the PLI scheme within five years.

12% of Apple's iPhones sold worldwide could be India-made by FY26

12% of Apple's iPhones sold worldwide could be India-made by FY26

Rediff.com20 Sep 2022

At a time when Apple delivered its flagship line of new products on schedule despite battling a year of supply-chain turmoil, India could account for at least 12 per cent of the free-on-board (FoB) value of Apple Inc's iPhones manufactured by its vendors globally by 2025-26 (FY26). The number represents a significant shift for the Cupertino-based company's over-dependence on China, where 95 per cent of its phones are still being made. India's growing importance can be seen from the fact that in 2021-22 (FY22) - the first year of the production-linked incentive (PLI) scheme (the scheme was extended by a year due to the pandemic) - the FoB value of iPhones made in the country was $1.75 billion, translating into less than 2 per cent of the global value.

When in Paris, THIS is what Anushka does!

When in Paris, THIS is what Anushka does!

Rediff.com22 Jul 2022

The stars love to regale their social media followers with fabulous pictures of their travels!

In RS govt poohpoohs concerns over lack of nuclear safety

In RS govt poohpoohs concerns over lack of nuclear safety

Rediff.com4 Aug 2022

Union minister Jitendra Singh assured the members of the Rajya Sabha on Thursday that there is better nuclear safety in India as compared to many other countries and there are enough safeguards in the Indian nuclear plants.

What's India Celebrating In Its Sanyasa?

What's India Celebrating In Its Sanyasa?

Rediff.com19 Aug 2022

One wonders what, given the recent past, the next quarter century holds in store for India, asks Aakar Patel.

Apple's India revenue almost doubles in Q1

Apple's India revenue almost doubles in Q1

Rediff.com29 Jul 2022

Technology giant Apple, which recorded $83 billion in revenue for the quarter ended June 2022, has reported a "near doubling" of revenue in India. Announcing financial results for its fiscal 2022 quarter ended June 25, Apple on Thursday said it has achieved a revenue record of $83 billion, up 2 per cent year-over-year. Apple CEO Tim Cook, during an earnings call, said the 83 billion dollar revenue was "better than we expected despite supply constraints, strong foreign exchange headwinds and the impact of our business in Russia."

Essar to sell port infra to ArcelorMittal for Rs 19,000 cr

Essar to sell port infra to ArcelorMittal for Rs 19,000 cr

Rediff.com26 Aug 2022

Essar group on Friday announced the signing of a USD 2.4 billion (Rs 19,000 crore) deal to sell certain ports and power infrastructure to ArcelorMittal Nippon Steel in one of the largest post-pandemic merger and acquisition deals in India. In a statement, the Ruia-run firm said the deal also envisages a 50-50 joint venture between Essar and ArcelorMittal for building a 4 million tonnes a year LNG import terminal at Hazira in Gujarat. Without giving details, it only identified certain ports and power infrastructure that are primarily captive to operations of the Hazira steel plant, which was acquired by ArcelorMittal Nippon Steel (AM/NS) in 2018-19, as part of the deal.

Moody's warns of India's vulnerability to volatile food, energy prices

Moody's warns of India's vulnerability to volatile food, energy prices

Rediff.com20 Jul 2022

Moody's Investors Service has warned that India, along with the Philippines, Thailand, and Vietnam are highly vulnerable to volatile food and energy prices in the Asia-Pacific region as the Russia-Ukraine conflict continues to disrupt supplies and raise the cost of agricultural products, especially cereals and vegetable oils, as well as fertilizers and other agricultural inputs. This is so because these countries have a higher weighting of energy and food prices in their consumer price index (CPI) baskets, Moody's said in its report released on Tuesday. The weighting of energy and food in overall Indian CPI stands at over 55 per cent.