Amritha Pillay &Amp; Romita Majumdar

Stories by Amritha Pillay &Amp; Romita Majumdar

How TCS employees can become eligible for higher pay package

How TCS employees can become eligible for higher pay package

Rediff.com   22 Oct 2019

Campus recruits can also aim to double the existing entry level package by proving their skills through the TCS national qualifier tests.

Active telecom user base falls in August

Active telecom user base falls in August

Rediff.com   22 Oct 2019

Active subscriber base declined by 2.2 million on a month-on-month (MoM) basis to 970.2 million in August 2019, on the back of Bharti Airtel and Vodafone Idea losing customers. Jio was the only operator to add 7.2 million active subscribers in the same month.

Refining margins may boost RIL's earnings

Refining margins may boost RIL's earnings

Rediff.com   16 Oct 2019

10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.

Gautam Thapar, three others banned from markets over CG Power fraud

Gautam Thapar, three others banned from markets over CG Power fraud

Rediff.com   18 Sep 2019

Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.

Tech Mahindra secures large multi-year AT&T deal

Tech Mahindra secures large multi-year AT&T deal

Rediff.com   6 Sep 2019

Together, AT&T and TechM aim to improve the agility in rolling out and supporting networks of the future, while improving returns on investment through technology-led transformation.

Vodafone Idea, Bharti Airtel continue to lose users; Jio gains

Vodafone Idea, Bharti Airtel continue to lose users; Jio gains

Rediff.com   20 Aug 2019

The number of telephone subscribers in India increased from 1,183.15 million at the end of May to 1,186.63 million at the end of June.

Airtel beats Vodafone Idea to become India's No 2 telco

Airtel beats Vodafone Idea to become India's No 2 telco

Rediff.com   6 Aug 2019

What worked for Airtel was that its data traffic growth was 13 per cent sequentially and its average data usage was even higher than Jio's at 11.9 gigabyte per month per user.

Credit Suisse downgrades RIL to underperform

Credit Suisse downgrades RIL to underperform

Rediff.com   6 Aug 2019

The brokerage reduced its target price for the company to Rs 995 per share from Rs 1,350 apiece. Credit Suisse said RIL's liabilities increased from $19 billion to $65 billion in four years.

RIL looks to revive upstream biz

RIL looks to revive upstream biz

Rediff.com   5 Aug 2019

With two of its clusters - R-Series and Satellite Series - likely to start production in the next two years, the company looks to turn around production from this business.

Why JioPhone is no more popular in Bharat

Why JioPhone is no more popular in Bharat

Rediff.com   5 Aug 2019

Used smartphones are gaining popularity in the hinterland, the main market for JioPhone. Share of JioPhone in the feature phone market had shrunk from 47% in Q2 of 2018 to 28% a year after.

MDs on 'forced' leave, but its business as usual for ICRA and Care Ratings

MDs on 'forced' leave, but its business as usual for ICRA and Care Ratings

Rediff.com   26 Jul 2019

The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency.

TCS to hire campus placements all year

TCS to hire campus placements all year

Rediff.com   12 Jul 2019

The campus placements process usually starts in July-August, but is likely to start earlier this year.

Anil Ambani's RInfra staring at yet another legal hurdle

Anil Ambani's RInfra staring at yet another legal hurdle

Rediff.com   9 Jul 2019

RInfra's plan to lease out headquarters property may face legal hurdle. Moreover, PE players with balance sheets that can take on Reliance Centre Office in Santacruz would be limited and include a handful of players such as Blackstone group, GIC, Brookfield Asset Management and Maplewood Investments.

India's rural mobile phone base slips further

India's rural mobile phone base slips further

Rediff.com   26 Jun 2019

According to telcos and analysts, this is due to SIM consolidation happening after the minimum recharge plans were implemented by incumbents.

US plan to cap H-1B visas can be devastating

US plan to cap H-1B visas can be devastating

Rediff.com   21 Jun 2019

The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.

Anil Ambani on why there's sharp fall in his group firm shares

Anil Ambani on why there's sharp fall in his group firm shares

Rediff.com   19 Jun 2019

He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.

Why telcos have little interest in 5G auctions

Why telcos have little interest in 5G auctions

Rediff.com   17 Jun 2019

Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.

With a stake in Meesho, Facebook makes 1st start-up investment in India

With a stake in Meesho, Facebook makes 1st start-up investment in India

Rediff.com   14 Jun 2019

Founded in 2015, Meesho is one of the country's fastest growing social commerce platforms, and provides small and independent entrepreneurs with products and tools to start, maintain, and grow their businesses. Facebook's interest in the digital commerce follows Reliance Industries' entry into the hybrid e-commerce ecosystem.

Dream 11 founders: Fantasy sports champs

Dream 11 founders: Fantasy sports champs

Rediff.com   13 Jun 2019

Following their passion paid off for Harsh Jain and Bhavit Sheth with their fantasy sports platform Dream11 entering the unicorn club with a valuation of over $1 billion.

India is blessed - you have lot of talent here: Cisco CEO

India is blessed - you have lot of talent here: Cisco CEO

Rediff.com   10 Jun 2019

In an interview with Peerzada Abrar and Romita Majumdar, Cisco CEO Chuck Robbins said that his company would continue to bet heavily on India's engineering talent pool.