Shine Jacob is an Associate Editor for Rediff.com India Ltd. and Business Standard. With a focus on national news in India, Shine covers a wide range of topics including politics, business, and technology. His articles provide insightful analysis and updates on key developments in various sectors of the Indian economy.
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Shine Jacob's coverage predominantly focuses on national business-related topics, particularly in the context of India. His reporting covers a wide range of aspects including government announcements, data citations as well as press releases.
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By: Shine Jacob
Two years after winding up its India production, global automobile giant Ford Motor Company is in talks with the Tamil Nadu government to restart its production at Maraimalai Nagar near Chennai, focusing on exports. Tamil Nadu Chief Minister M K Stalin visited Ford headquarters in Michigan on Tuesday and held detailed discussions with its top management, urging them to restart production.
Two 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.
By: Shine Jacob
Kay Hart, president of the company's International Markets Group, said on Friday that Ford has already submitted a letter of intent to the state's government. This comes two days after Tamil Nadu Chief Minister M K Stalin visited Ford headquarters in Michigan and held discussions with its top management, urging the company to restart production.
According 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.
Samsung India is willing to sign a long-term wage settlement and negotiate directly with its workers for an amicable resolution of the dispute, the company's lawyer said on Friday, terming the ongoing employees' strike at the Sriperumbudur plant 'illegal'.Lawyer Anand Gopalan, who is representing Samsung India in the high court of Chennai and the Kanchipuram District Court, said the company would only negotiate with its workers and not with any third-party leaders.
Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.
'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'
From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.
Employees were told to return to work from Monday onwards for a fresh start for improved production.
Indian motorcycle maker Royal Enfield on Tuesday announced starting a manufacturing unit and a showroom in Bangladesh, marking a major industrial development in the neighbouring country where the former prime minister Sheikh Hasina fled in August after weeks-long protests against her.The manufacturing facility in Chauddagram in Cumilla district is Royal Enfield's sixth outside India and besides the one in Tamil Nadu. Royal Enfield, the global leader in the mid-size motorcycle segment, has set up the facility in collaboration with IFAD Motors.
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