Ajinkya Kawale, Shivani Shinde

Stories by Ajinkya Kawale, Shivani Shinde

Cognizant Q1 net income rises 21.4%

Cognizant Q1 net income rises 21.4%

Rediff.com   2 May 2025

Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.

Infosys drops 195 trainees in third such layoffs in 2025, offers training

Infosys drops 195 trainees in third such layoffs in 2025, offers training

Rediff.com   30 Apr 2025

Infosys has laid off 195 trainees for failing internal assessments, according to emails sent by India's second largest IT services firm. It is the company's third layoff of trainees this year. As many as 320 trainees were dropped in February on similar grounds and 240 earlier this month.

Amid global layoff, Google may rejig roles in Bengaluru, Hyderabad offices

Amid global layoff, Google may rejig roles in Bengaluru, Hyderabad offices

Rediff.com   28 Apr 2025

Google is likely to rejig the roles of some of the engineering talent from its Hyderabad and Bengaluru offices and move some of its employees to more revenue-generating projects instead of letting them go for now, sources told Business Standard.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com   24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

Tech Failures Behind UPI Outages

Tech Failures Behind UPI Outages

Rediff.com   16 Apr 2025

An hour-long disruption could affect around 40 million UPI transactions.

New US Visa Policy: No Impact On H1-Bs

New US Visa Policy: No Impact On H1-Bs

Rediff.com   14 Apr 2025

'Of course, people will have to carry documents all the time. There is overall uncertainty in living in the US.'

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com   2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.

PCI Urges MDR on UPI, RuPay

PCI Urges MDR on UPI, RuPay

Rediff.com   25 Mar 2025

'The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support, ultimately ensuring that UPI continues to thrive.'

'Our industry outperformance is not a one-year story'

'Our industry outperformance is not a one-year story'

Rediff.com   24 Mar 2025

'What is working is quality management, great teams, engineers, platforms, and highly differentiated services.'

83% Engineers Jobless!

83% Engineers Jobless!

Rediff.com   24 Mar 2025

51% GenZ want to build multiple income streams through side hustles, freelancing and other gigs.

PhysicsWallah files IPO papers via confidential route

PhysicsWallah files IPO papers via confidential route

Rediff.com   21 Mar 2025

Physics Wallah has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), a precursor to hitting the primary market from where the edtech Unicorn reportedly plans to raise around Rs 4,500 crore through IPO.

'We Don't Want To Survive On Govt Incentives'

'We Don't Want To Survive On Govt Incentives'

Rediff.com   20 Mar 2025

'The only solution is for the government to allow us to charge a low controlled MDR of 25 bps on UPI P2M transactions only for merchants with more than a Rs 40 lakh turnover.'

Navi Mumbai airport opening pushed back by 2 months

Navi Mumbai airport opening pushed back by 2 months

Rediff.com   17 Mar 2025

The entire construction of the Navi Mumbai airport project is expected to be completed in five phases.

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com   13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

Can Meta, Google Curb Illegal Gambling?

Can Meta, Google Curb Illegal Gambling?

Rediff.com   7 Mar 2025

The scale of illegal gambling and betting in India is staggering, with 1.6 billion visits recorded between October and December 2024 across four analysed platforms -- Parimatch, Stake, 1xBet, and Battery Bet.

'Hours Don't Matter, What Matters Is The Outcome'

'Hours Don't Matter, What Matters Is The Outcome'

Rediff.com   5 Mar 2025

'If you really love your work and are good at it, it does not matter what is work and life.'

International flights at Navi Mumbai airport by July next year

International flights at Navi Mumbai airport by July next year

Rediff.com   3 Mar 2025

It is the first airport in the country to have multi-modal connectivity. This includes a linkage to the project via road, rail, and a metro system.

'Oracle Was Little Late To Cloud Game'

'Oracle Was Little Late To Cloud Game'

Rediff.com   26 Feb 2025

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

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

Rediff.com   25 Feb 2025

'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'

What fintechs must do to scale up presence of e

What fintechs must do to scale up presence of e

Rediff.com   24 Feb 2025

Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.