All stories by Shine Jacob
Why Are Samsung Workers On Strike?
Rediff.com21 Sep 2024According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.
Nipah is back, should you be worried?
Rediff.com20 Sep 2024The Indian Council of Medical Research was in talks with the Serum Institute of India for local manufacturing of monoclonal antibodies (MABs). However, it did not take off, as the volume was much less in India.
From Tata Motors-JLR to Ford: Tamil Nadu's EV ecosystem expands in 2024
Rediff.com18 Sep 2024Tamil Nadu -- often dubbed as India's own Detroit due to its thriving automobile manufacturing ecosystem -- is in no mood to miss the EV bus either. Recent developments attest to it. Vietnamese electric vehicle (EV) maker VinFast has promised a $2 billion plant in the southern state. And as promised earlier, the work on Tata Motors-JLR plant will kick off next week, on September 28, after the foundation stone laying ceremony.
Ford Motor in talks with TN to restart production
Rediff.com12 Sep 2024Two years after winding up its India production, global automobile giant Ford Motor Company is in talks with the Tamil Nadu government to restart operations at Maraimalai Nagar near Chennai, where it will focus on exports. Chief Minister Stalin visited Ford headquarters in Michigan on Tuesday and held discussions with its top management, urging it to restart production. "Had a very engaging discussion with the team from Ford Motors.
Jabil to set up Rs 2K cr electronics unit in TN
Rediff.com11 Sep 2024In a sign of the expanding Apple supplier ecosystem in India, American multinational Jabil Inc will set up an electronics manufacturing facility in Tiruchirappalli, Tamil Nadu with an investment of Rs 2,000 crore. Jabil is one of the 14 Apple suppliers in India, of around 200 globally, while another 14 have reportedly received preliminary clearance to form joint ventures with Indian companies to set up facilities. Interestingly, of the 14 existing manufacturing units in the Apple supply chain, seven are already in Tamil Nadu.
Pixxel Gets An Order From NASA
Rediff.com10 Sep 2024This is the first deal by an Indian startup after the sector was opened to private companies in 2020.
'It's A Difficult Road Ahead For Vijay'
Rediff.com7 Sep 2024'There was a time when a movie star could win an election just by stepping into politics. That era is over.'
'Our AUM Will be 3x by 2030'
Rediff.com31 Aug 2024'I am very happy to see that the work is starting to bear some fruit now.'
Chennai To Be World's Largest Network Testbed
Rediff.com30 Aug 2024The deal with Nokia will be signed in San Francisco on Friday morning in the presence of Tamil Nadu Chief Minister M K Stalin, who is on a 17-day trip to the US to attract fresh investments.
Chennai Brains Behind Ford's Global Hits
Rediff.com26 Aug 2024'We participate in the design/development of components and systems for electric vehicles, internal combustion engines, and hybrid vehicles.'
'I Walked Out Of The Movie'
Rediff.com26 Aug 2024'The media is portraying the Malayalam film industry as the worst place, but that's not true.'
'Indian On Moon By 2040'
Rediff.com21 Aug 2024'Our vision for the future includes the creation of an active ecosystem, human space flight, a human space station.'
A Daily Puja For Kamala Harris' Victory
Rediff.com19 Aug 2024Every day at 11 am, T Rooban performs a special Abhisheka Aradhana for Kamala Harris' success, pouring liquid offerings over the deity's image while chanting sacred Sanskrit mantras.
Foxconn Betting Big on South India
Rediff.com19 Aug 2024Foxconn's business in India has grown to over $10 billion till 2024.
TN govt powers Foxconn residence for 18K women
Rediff.com16 Aug 2024The Tamil Nadu government is set to unveil a housing initiative for 18,720 women employed by Taiwanese tech giant Foxconn, a key supplier to iPhone-maker Apple, this Saturday. The project, located at Vallam Vadagal near Chennai, marks the first time an Indian state government has constructed a hostel of this scale for a private firm - a model that's been successful in China and Vietnam.
IIT Madras, AIIMS Top NIRF List
Rediff.com13 Aug 2024IIT Madras secured the top position out of the 10,885 institutes that took part in the NIRF's ninth edition.
Bangladesh Crisis: India's Two Wheelers Cos To Take Hit
Rediff.com10 Aug 2024Indian companies also hold a considerable share of the car, bus, and three-wheeler markets in the country.
Krishna Chivukula Donates Rs 228 Crore To IIT-Madras
Rediff.com7 Aug 2024'His contribution not only elevates our institution but also serves as an inspiring example of how our alumni community continues to drive meaningful change.'
Bangladesh Crisis: Advantage Tiruppur!
Rediff.com6 Aug 2024India's gain will be an additional business of $300 million to $400 million per month if 10-11% of Bangladesh's export is diverted to Indian hubs like Tiruppur.
PV inventory surges even as auto retail sales rise
Rediff.com6 Aug 2024Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.