Falaknaaz Syed &Amp; Leslie D'monte In Mumbai

Stories by Falaknaaz Syed &Amp; Leslie D'monte In Mumbai

BPOs find smaller towns attractive

BPOs find smaller towns attractive

Rediff.com   9 May 2007

WNS, for instance, has 1,200 people in Nashik, a tier II city. It is looking at expanding its presence in tier II cities.

Telecom majors' growth doubles in two years

Telecom majors' growth doubles in two years

Rediff.com   8 May 2007

The total revenues and net profit of the top six Indian telecom players, Bharti Airtel, Reliance Communications, BSNL, Hutchison Essar, MTNL and Idea Cellular, more than doubled during the last two years.

Free health insurance from office? No more!

Free health insurance from office? No more!

Rediff.com   7 May 2007

The days of free group healthcare could be over, it's time to fund your own medical policies.

IBM chief to pitch for $1.5 billion RCom deal

IBM chief to pitch for $1.5 billion RCom deal

Rediff.com   7 May 2007

IBM chairman, president & chief executive officer Samuel J Palmisano is scheduled to meet Reliance Communications chairman Anil Ambani

FIs oppose Esops to independent directors

FIs oppose Esops to independent directors

Rediff.com   5 May 2007

The move opens a debate on the role of independent directors nominated by institutions.

Lender has claim over LIC policy: Bombay HC

Lender has claim over LIC policy: Bombay HC

Rediff.com   3 May 2007

The Bombay high court has ruled that LIC has to honour claims made by lenders, that is banks, non-banking finance companies and financial institutions, if an LIC policyholder defaults in repaying the loan to the lender.

Policy transfer terms to be made more stringent

Policy transfer terms to be made more stringent

Rediff.com   3 May 2007

The Insurance Regulatory Development Authority plans to introduce guidelines soon on transfer (also called assignment) of insurance policies after the Insurance Act is amended.

LIC to move SC over policy trading issue

LIC to move SC over policy trading issue

Rediff.com   27 Apr 2007

The Life Insurance Corporation of India will soon file a special leave petition before the Supreme Court to prevent trading in life insurance policies.

IT majors sit on growing cash mountain

IT majors sit on growing cash mountain

Rediff.com   27 Apr 2007

Indian IT firms have piled up net cash in excess of Rs 20,000 crore

IT quartet's turnover crosses $10 bn mark

IT quartet's turnover crosses $10 bn mark

Rediff.com   21 Apr 2007

Wipro, Satyam join TCS, Infosys in beating rupee blues.

India Inc pays 50% more for group health cover

India Inc pays 50% more for group health cover

Rediff.com   16 Apr 2007

Corporate India has paid 50 per cent (around Rs 600 crore) more on group health insurance this year. The premium paid on this account last year was Rs 1,200 crore (Rs 12 billion).

The chips are down, but not out

The chips are down, but not out

Rediff.com   12 Apr 2007

The new semiconductor plants will be up against India's age-old Achilles' heel, inadequate infrastructure

India unlikely to have edge:semiconductor policy

India unlikely to have edge:semiconductor policy

Rediff.com   11 Apr 2007

India may not have got the timing right about nurturing two or three semiconductor plants even as the government finally has a policy that it hopes could put the country on the world map of semiconductor (wafer fab) manufacturing.

US slowdown may not impact IT earnings

US slowdown may not impact IT earnings

Rediff.com   3 Apr 2007

The US slowdown, service tax on leased and rented premises and imposition of minimum alternate tax are expected to take a toll on the revenue and earnings growth rates of all frontline IT companies in 2007-08.

IT stocks wilt under rupee pressure

IT stocks wilt under rupee pressure

Rediff.com   2 Apr 2007

The appreciation of the rupee, the dividend distribution tax and the hangover of the minimum alternate tax on information technology companies under the Software Technology Parks of India scheme have pulled the prices of IT stocks down.

TCS set to revamp quarterly results

TCS set to revamp quarterly results

Rediff.com   31 Mar 2007

The move will induce more transparency and simultaneously rearticulate the company's brand strategy with an estimated Rs 50 crore (Rs 500 million) annual campaign.

Insurance ads: Tough norms on cards

Insurance ads: Tough norms on cards

Rediff.com   27 Mar 2007

The move comes amid complaints that high returns are being promised by life insurers on ULIPs accompanied by non-existent guaranteed returns.

Risk firms may get more leeway

Risk firms may get more leeway

Rediff.com   23 Mar 2007

Insurance companies are expected to get greater leeway in investing policyholders' funds with the addition of mortgage-backed securities to the list of approved investments.

Separate norms for health risk companies soon

Separate norms for health risk companies soon

Rediff.com   13 Mar 2007

Soon standalone health insurance companies will be governed by separate regulations

SME IT: Cost cutting

SME IT: Cost cutting

Rediff.com   9 Mar 2007

If you want a new, high-end configuration machine -- even though your tasks generally hover around typing letters, there's a solution. Instead of buying a branded computer, you can opt for an assembled machine.