Anindita Dey &Amp; Rajesh S Kurup In Mumbai

Stories by Anindita Dey &Amp; Rajesh S Kurup In Mumbai

'Entire globe is a single networked place'

'Entire globe is a single networked place'

Rediff.com   20 Jun 2007

Emily Nagle Green is travelling across the world to propagate her 'Anywhere Trilogy' framework

Wipro set to acquire German firm

Wipro set to acquire German firm

Rediff.com   20 Jun 2007

Wipro Technologies, an information technology and outsourcing company, is poised to acquire the IT arm of a major company in Germany.

Download rates to be slashed; Game on!

Download rates to be slashed; Game on!

Rediff.com   20 Jun 2007

This is slated to improve telephony service penetration in the country due to increased affordability and could be a precursor for similar moves for other value added services.

BSNL cuts in-roaming rates

BSNL cuts in-roaming rates

Rediff.com   16 Jun 2007

In a move to woo foreign visitors to its network, the state-owned telecom behemoth Bharat Sanchar Nigam Ltd (BSNL) has decided to reduce the charges on in-roaming -- international mobile phone users roaming in India -- by 35-40 per cent.

Rogue software on the prowl

Rogue software on the prowl

Rediff.com   14 Jun 2007

The rogue software is designed to look like legitimate security software that is running a trial mode on a user's PC.

Cross-border deals under I-T scanner

Cross-border deals under I-T scanner

Rediff.com   11 Jun 2007

Objective of the examination is to study the tax implications of such deals.

Tatas seek to connect with RCom's ILD network

Tatas seek to connect with RCom's ILD network

Rediff.com   11 Jun 2007

Tata Teleservices spokesperson confirmed the development, and said: "We have written to theDoT seeking clarity on the issue."

RBI weighs $ sell-buy swap to stem liquidity

RBI weighs $ sell-buy swap to stem liquidity

Rediff.com   11 Jun 2007

The Reserve Bank of India is exploring the use of a dollar sell-buy swap to drain liquidity from the banking system, having used the most common instruments over the last two and a half years in its fight against inflation.

Patni nears $25 mn European buy

Patni nears $25 mn European buy

Rediff.com   11 Jun 2007

IT major Patni Computer Systems is close to acquiring a European IT company for $20-25 million (around Rs 100 crore) and is expected to announce the deal in the next two months.

Idea, Spice may call off deal

Idea, Spice may call off deal

Rediff.com   8 Jun 2007

Telekom Malaysia which already holds over 49 per cent equity stake (which it bought for over Rs 730 crore in Spice has been looking at expanding its base in India beyond just the two circles.

RBI wants lock-in for IPO allotments to FIIs

RBI wants lock-in for IPO allotments to FIIs

Rediff.com   6 Jun 2007

Move aimed at checking short-term inflow of foreign funds.

Infrastructure firms under CAG lens for audit

Infrastructure firms under CAG lens for audit

Rediff.com   1 Jun 2007

The Comptroller and Auditor General of India plans to focus on infrastructure companies and banks for special audit during the current financial year.

Minister meets telephony czars on roaming rate

Minister meets telephony czars on roaming rate

Rediff.com   28 May 2007

Union Communications and IT Minister A Raja has expressed his interest in bringing down national roaming rates to zero, further cutting international roaming rates and favouring technology neutrality in the country.

e-commuting fast catching up in India

e-commuting fast catching up in India

Rediff.com   28 May 2007

Nareshchandra Singh, an IT analyst with global research and analyst firm Gartner, takes only a few seconds to reach his office from home.

Sebi to allow short selling by first week of July

Sebi to allow short selling by first week of July

Rediff.com   28 May 2007

To resume after six-year hiatus.

Another CRR hike looms

Another CRR hike looms

Rediff.com   25 May 2007

The Reserve Bank of India, which has already raised the cash reserve ratio (CRR) thrice since December last year, is contemplating another hike, though only on incremental deposits this time.

Banks can now be pension fund managers

Banks can now be pension fund managers

Rediff.com   25 May 2007

The funds are likely to be invested as per the interim investment guidelines, which may allow investment of 5 per cent in equity and 10 per cent in equity-linked mutual funds.

Curbs likely on VC funds for realty

Curbs likely on VC funds for realty

Rediff.com   24 May 2007

The government is reviewing norms for investments by foreign venture capital funds in real estate, after the Reserve Bank of India coming round to the view that such funding is helping create an asset bubble in the sector.

FDI status for FIIs in real estate pre-IPOs

FDI status for FIIs in real estate pre-IPOs

Rediff.com   23 May 2007

The government proposes to treat the investments by foreign institutional investors in pre initial public offers (IPOs) of real estate companies at par with foreign direct investment.

Govt moots merger of pvt banks, UCBs

Govt moots merger of pvt banks, UCBs

Rediff.com   21 May 2007

A way to ensure good growth as private banks find organic growth tough.