Search results for ' Vice Industry'

Dixon Tech plans Rs 1K-cr facility near Chennai; to create 5K jobs

Dixon Tech plans Rs 1K-cr facility near Chennai; to create 5K jobs

Rediff.com1 days ago

Electronics manufacturing services firm Dixon Technologies is setting up a Rs 1,000-crore facility near Chennai and signed a Memorandum of Understanding with the Tamil Nadu government on Wednesday. The factory, which will come up at Oragadam in neighbouring Kancheepuram district, is expected to generate 5,000 jobs in the region, the state government said.

Drunk Cong leader runs SUV over pedestrians in Jaipur, 3 dead

Drunk Cong leader runs SUV over pedestrians in Jaipur, 3 dead

Rediff.com3 days ago

A drunk SUV driver, identified as Usman Khan, a Congress leader, allegedly hit multiple pedestrians and vehicles in Jaipur, killing three people and leaving six others seriously injured. The incident occurred on a narrow city road in the Nahargarh area. Khan, who is the Congress' Jaipur district vice president, was driving recklessly and under the influence of alcohol, according to police. Following the incident, locals gathered at the Nahargarh police station and blocked roads to protest and demand compensation for the victims. The Congress has expelled Khan and expressed condolences to the families of the victims. The BJP criticized the Congress, alleging that the party is full of people with criminal tendencies.

Tech firms line up for Rs 23K crore PLI jackpot

Tech firms line up for Rs 23K crore PLI jackpot

Rediff.com4 days ago

Leading home-grown companies - Dixon Technologies (India), Amber Enterprises India, Tata Electronics, Chennai-based Munoth Industries, and Murugappa Group - along with global majors such as Japan's TDK Corporation, Taiwan's Hon Hai Technology Group (Foxconn), Austria's AT&S Austria Technologie & Systemtechnik AG (AT&S AG), and Japan's Murata Manufacturing Co, among others, have expressed initial interest in participating in the Rs 22,919 crore production-linked incentive (PLI) scheme cleared by the Union Cabinet, according to those privy to stakeholder discussions with the government.

Motor Insurance Growth Slows Amid Weak Vehicle Sales

Motor Insurance Growth Slows Amid Weak Vehicle Sales

Rediff.com2 Apr 2025

'The slowdown in motor insurance premium growth is due to slower growth in vehicle sales. Also, there has been minimal hike in third-party rates in the past three years which is affecting the growth rate of third-party premiums.'

'Nowhere In Empuraan Did They Mention Godhra'

'Nowhere In Empuraan Did They Mention Godhra'

Rediff.com2 days ago

'They just showed riots created by some political party. They never mentioned the name of the place or the political party.' 'I don't know why these people are agitated.'

Indian Pharma Gets Relief from Trump's Tariffs

Indian Pharma Gets Relief from Trump's Tariffs

Rediff.com7 days ago

Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.

Missed The IPO Bus? Read This

Missed The IPO Bus? Read This

Rediff.com1 Apr 2025

For investors who missed the initial IPO frenzy, the market correction is an opportunity to selectively invest in promising names, but patience and careful evaluation remain the key.

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Rediff.com3 Apr 2025

"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."

Used-car Sales Likely To Outpace New Ones In FY26

Used-car Sales Likely To Outpace New Ones In FY26

Rediff.com7 days ago

India's used car market, which has been growing steadily at 10-12 per cent over the last 2-3 years, is expected to reach $40 billion in FY26.

Bengal gas cylinder blast toll rises to 8; BJP demands NIA probe

Bengal gas cylinder blast toll rises to 8; BJP demands NIA probe

Rediff.com1 Apr 2025

A gas cylinder blast in a house at Dholahat in West Bengal's Pathar Pratima has claimed eight lives, including four children. The explosion, which occurred on Monday night, triggered a massive fire, intensified by the presence of stacked firecrackers inside the house. The incident has sparked a political controversy, with the BJP demanding a National Investigation Agency (NIA) probe and the TMC maintaining that the police are already investigating and that the state government has a "zero-tolerance " policy towards such incidents. The blast has also raised concerns about the safety of illegal firecracker manufacturing units, which have been linked to several recent accidents in the state.

Trump Has Become A Reset Button

Trump Has Become A Reset Button

Rediff.com10 hours ago

Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

Diabetes Drug Price Drops 90%

Diabetes Drug Price Drops 90%

Rediff.com20 Mar 2025

India is home to more than 100 million diabetics, and the demand for anti-diabetic drugs is on the rise -- the Rs 20,611 crore anti-diabetic drug market in India is growing at 9 per cent or so.

Be Prepared! Heat Waves Coming!

Be Prepared! Heat Waves Coming!

Rediff.com1 Apr 2025

'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'

Qcom industry may add 150,000 gig workers in 2025

Qcom industry may add 150,000 gig workers in 2025

Rediff.com21 Feb 2025

Quick commerce (qcom) industry is poised to lead gig workforce hiring in 2025, propelled by a surge in demand for faster deliveries, expansion by existing players, entry of new competitors, and evolving consumer preferences in the post-pandemic era, according to industry experts. The qcom industry currently employs nearly 260,000 people - around 200,000 delivery personnel and 60,000 dark store workers, according to TeamLease Staffing.

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com27 Mar 2025

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

'China To Gain Most From Trade Wars'

'China To Gain Most From Trade Wars'

Rediff.com25 Mar 2025

'If you compare the data from 2017 and 2023 of the US imports from the world and China, you will see that the US was a complete loser in the trade war, and China was a complete gainer.'

Two Insurers Announce Investment In Bima Sugam

Two Insurers Announce Investment In Bima Sugam

Rediff.com14 Mar 2025

New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.

'Nitish Kumar may switch sides after Bihar elections'

'Nitish Kumar may switch sides after Bihar elections'

Rediff.com5 Mar 2025

Election strategist-turned-politician Prashant Kishor has predicted that JD(U) president Nitish Kumar will contest the upcoming assembly polls in Bihar in alliance with the BJP but may switch sides later, with hopes for another term as the chief minister. Kishor, founder of the Jan Suraaj Party, also asserted that Kumar's popularity has declined and he is unlikely to win a fifth consecutive term. He challenged the BJP to declare Kumar as the chief ministerial candidate, arguing that they would struggle to win seats if they did so. Kishor also criticized Kumar's leadership, accusing him of being "physically tired and mentally retired" and of "bringing disrepute to Bihar" by touching Prime Minister Narendra Modi's feet. He said his new party will enter the fray to pull Bihar "out of the political rut" and that the state's much-touted prohibition policy is an example of the BJP's duplicity.

For Tesla, India is a challenge as well as opportunity

For Tesla, India is a challenge as well as opportunity

Rediff.com19 Mar 2025

With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.

PC shipments in India up 3.8%; HP leads with 30% share

PC shipments in India up 3.8%; HP leads with 30% share

Rediff.com24 Feb 2025

Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for devices research, Navkendar Singh said the weakening rupee can lead to an increase in device costs, which can impact the price-sensitive SMB (small and medium businesses) and consumer segments but despite all challenges, the India PC market is most likely to witness a low single-digit growth in 2025.

'Oracle Was Little Late To Cloud Game'

'Oracle Was Little Late To Cloud Game'

Rediff.com26 Feb 2025

'We also realised that locking customers to our Cloud was not fair to them.'

OpenAI Plans for India Data Center

OpenAI Plans for India Data Center

Rediff.com21 Feb 2025

'It may take some time for them to get down to the details, such as the location and capacity.'

How India can become a high-income country

How India can become a high-income country

Rediff.com20 Feb 2025

For India to transform into a high-income country with a projected gross domestic product (GDP) of $23-35 trillion, will need a sustained annual growth of 8 per cent to 10 per cent. This will be powered by India's demographic dividend, technological innovation, and sectoral transformation, according to the "India@2047: Transforming India Into A Tech-Driven Economy" report by Bain & Company and Nasscom. By 2047, the services sector is expected to contribute 60 per cent of India's GDP, while manufacturing will account for 32 per cent, both playing a pivotal role in economic expansion.

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

Rediff.com27 Feb 2025

'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'

Acted swiftly to control situation after Kumbh stampede: Adityanath

Acted swiftly to control situation after Kumbh stampede: Adityanath

Rediff.com3 Mar 2025

Uttar Pradesh Chief Minister Yogi Adityanath highlighted the successful execution of the Maha Kumbh 2025, emphasizing effective crisis management, economic benefits, and the event's role in national unity and infrastructure development. He cited the swift response to a stampede on January 29 and the extensive preparations that ensured a smooth experience for millions of pilgrims.

Who Accompanied Modi, Trump?

Who Accompanied Modi, Trump?

Rediff.com17 Feb 2025

Who accompanied Prime Minister Narendra D Modi to his Thursday meeting with US President Donald J Trump in the Oval Office, and who did POTUS bring along?

Fadnavis-Shinde 'cold war' talks hot up in Maharashtra

Fadnavis-Shinde 'cold war' talks hot up in Maharashtra

Rediff.com20 Feb 2025

From disagreement over guardian minister's post to taking separate review meetings to separate medical cells and 'war rooms' for monitoring projects, the unease between Maharashtra Chief Minister Devendra Fadnavis and his deputy Eknath Shinde seems to be growing.

IT Firms to Offer 3-6% Hikes

IT Firms to Offer 3-6% Hikes

Rediff.com17 Feb 2025

IT attrition rate is expected to be around 12% to 13% this year.

'If Nifty Continues To Decline Below 23,000 Mark...'

'If Nifty Continues To Decline Below 23,000 Mark...'

Rediff.com13 Feb 2025

'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'

'Comedians Usually Bounce Back'

'Comedians Usually Bounce Back'

Rediff.com15 Feb 2025

'Unless a comedian is involved in something society deems unforgivable...'

Amitabh, Ambani, Aamir Cheer Team India

Amitabh, Ambani, Aamir Cheer Team India

Rediff.com3 Feb 2025

Britain's Prince Edward and former prime minister Rishi Sunak were also at the game.

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.

Steel makers expect protectionist measures in Budget

Steel makers expect protectionist measures in Budget

Rediff.com29 Jan 2025

Domestic steel makers said they are expecting protectionist measures in the upcoming Budget to safeguard the sector from dumping. AMNS India CEO Dilip Oommen said he expects the government to continue its focus on infrastructure development while enhancing the ease of doing business.

'Bengal Is In Business'

'Bengal Is In Business'

Rediff.com6 Feb 2025

'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'

'MRF is now world's 11th largest tyre company'

'MRF is now world's 11th largest tyre company'

Rediff.com31 Jan 2025

'The favourable rupee-dollar exchange rate, there are opportunities we can tap.'

Trump's Tariff War: India Waits, Watches

Trump's Tariff War: India Waits, Watches

Rediff.com3 Feb 2025

'We have to be prepared for the larger disruption that is likely to take place.'

Depreciating rupee offers opportunities for NRIs, GCCs

Depreciating rupee offers opportunities for NRIs, GCCs

Rediff.com25 Jan 2025

Industry experts say the rupee's record low last week presents an investment opportunity for non-resident Indians (NRIs) and global capability centres (GCCs). While firms like KPMG, Emkay Global, CRISIL, and Anarock see potential gains for overseas investors, they also caution about the challenges ahead if the rupee's fall continues.

What EVs need for catching up with ICE-run cars

What EVs need for catching up with ICE-run cars

Rediff.com29 Jan 2025

'Currently, EVs are about 30-50 per cent more expensive than ICE vehicles. I believe the inflection point for EVs will come when this price gap narrows to 20-25 per cent. That's when people will start coming in.'

Before The Trump Inauguration...

Before The Trump Inauguration...

Rediff.com20 Jan 2025

Hours before the Trump Inauguration.