Gireesh Babu

All stories by Gireesh Babu

Union seeks transport, police protection for bank staff

Union seeks transport, police protection for bank staff

Rediff.com29 Mar 2020

Anticipating a sudden and huge crowd in bank branches following the announcement of various measures by the government on Friday, the AIBEA said since the number of employees in bank branches are very few, the crowds can pose a big risk for the bank staff as well as for the customers who might be visiting in large numbers.

India rejects Google's patent plea for e-shoe

India rejects Google's patent plea for e-shoe

Rediff.com29 Feb 2020

The patent application for 'System and method for wearable electronic devices', filed in 2007, mentions various wearable models including a shoe that can communicate data to the user, electronic communication devices attached to clothes, wireless ear pieces and ankle bracelets that can transmit updated information from the body to the user. The drawings the company submitted to the patent office also show the design of a shoe that can be a wearable electronic device.

SpiceJet's Boeing 737 Max aircraft may take wing in June

SpiceJet's Boeing 737 Max aircraft may take wing in June

Rediff.com14 Feb 2020

Boeing 737 MAX planes were globally grounded in March 2019, after two of these crashed within five months, raising safety concerns.

At $321m, online pharmacies saw record funding in 2019

At $321m, online pharmacies saw record funding in 2019

Rediff.com19 Jan 2020

In 2019 investors backed some of the major online healthcare and pharmacy retailers, with PharmEasy leading the deal list. The firm raised funds through the year to bring in around $220 million and the round is yet to be concluded, according to Venture Intelligence data.

Moral leadership endures indefinitely: Azim Premji

Moral leadership endures indefinitely: Azim Premji

Rediff.com22 Nov 2019

'All of us have a duty to contribute to society. 'The practice of moral leadership will help us in this; it will also help us in business. 'We need to work together to develop the India that we have envisioned in our Constitution - an idea that is equitable, humane and sustainable.'

Xiaomi expects half its sales to come from offline stores

Xiaomi expects half its sales to come from offline stores

Rediff.com20 Nov 2019

In the past two years, Xiaomi has expanded its chain of offline stores across formats - 6,000 Mi Preferred Partner stores and 75 Mi Homes on a franchise-based model, besides exclusive small-format Mi Stores added last year to penetrate Tier-II, -III and -IV cities and towns.

Cognizant to hire 23,000 from Indian institutes in 2020!

Cognizant to hire 23,000 from Indian institutes in 2020!

Rediff.com13 Nov 2019

India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally.

CCD company plans to offload debt

CCD company plans to offload debt

Rediff.com3 Aug 2019

Sical Logistics' board of directors, which met to consider approval of the June quarter financial results, asked the management to come out with recommendations for the same.

Why Hyundai's Chennai plant workers are up in arms

Why Hyundai's Chennai plant workers are up in arms

Rediff.com10 Jan 2019

Hyundai Motor has over 2,200 permanent workers, around 3,500 trainees and another 5,000 contract workers in the Sriperumbudur facility

Reprieve for Sterlite as HC stays govt order

Reprieve for Sterlite as HC stays govt order

Rediff.com4 Oct 2018

Sterlite in a statement said the judge observed there was a difference between public perception and ground reality.

How start-ups are helping flood-hit Kerala's rescue and rebuilding

How start-ups are helping flood-hit Kerala's rescue and rebuilding

Rediff.com4 Sep 2018

As the Kerala government looks for the best technologies to rebuild infrastructure, start-ups see a bigger role for themselves.

Kerala floods: Despite the devastation, insurers face only Rs 1,000 cr claims

Kerala floods: Despite the devastation, insurers face only Rs 1,000 cr claims

Rediff.com29 Aug 2018

After the Chennai floods, insurance companies had got 50,000 claims worth Rs 4,800 crore.

'We won't have Onam this year'

'We won't have Onam this year'

Rediff.com25 Aug 2018

Flood in the rice bowl: Keralites who lost everything stare at uncertainty.

Volkswagen's 'India 2.0' project will debut with SUV in 2020

Volkswagen's 'India 2.0' project will debut with SUV in 2020

Rediff.com27 Jul 2018

Under its India 2.0 plan, the Volkswagen group will develop and manufacture cars to meet the requirements of the region.

How IIT-Madras is helping start-ups survive

How IIT-Madras is helping start-ups survive

Rediff.com25 Jul 2018

The institute's incubation cell claims the start up mortality rate in the incubators are lowest.

Sterlite Copper's closure: Livelihood of around 400,000 people at stake

Sterlite Copper's closure: Livelihood of around 400,000 people at stake

Rediff.com23 Jul 2018

Closure has meant loss of Rs 2,000 crore to the public exchequer; around three per cent of Tamil Nadu's Gross State Domestic Product is from the facility

Bicycle-sharing company Ofo closes India business

Bicycle-sharing company Ofo closes India business

Rediff.com11 Jul 2018

It is part of a global strategy to shrink the footprint. It will be shutting operations in a few countries, including Australia.

'Bankruptcy Code killing banks, helping Mallya'

'Bankruptcy Code killing banks, helping Mallya'

Rediff.com8 May 2018

'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'

Google appeals against CCI's 'search bias' ruling in anti-trust case

Google appeals against CCI's 'search bias' ruling in anti-trust case

Rediff.com11 Apr 2018

Google abusing dominance in online web search, watchdog said; Matrimony.com complaining the search giant had got off too lightly

Saab eyes make in India route for short-range missiles

Saab eyes make in India route for short-range missiles

Rediff.com11 Apr 2018

India is looking for a VSHORAD system to replace its ageing system from Russia and would be sourcing more than 5000 missiles and 1200 launchers.

Why Rajinikanth movie may not release this month

Why Rajinikanth movie may not release this month

Rediff.com1 Apr 2018

About 30 Tamil films slated for a March release are already delayed.

ITD freezes Cognizant's bank accounts on a Rs 2,500-crore dispute

ITD freezes Cognizant's bank accounts on a Rs 2,500-crore dispute

Rediff.com28 Mar 2018

The allegations of DDT evasion is connected to some transactions the Indian entity has made while buying shares of the company from the Mauritius and US companies of Cognizant.

How Lenskart plans to make you 'look good, feel good'

How Lenskart plans to make you 'look good, feel good'

Rediff.com22 Dec 2017

With Katrina Kaif as brand ambassador, will Lenskart be able to steer customers away from local opticians and keep them loyal?

Placements: How engineering colleges stay on top of the game

Placements: How engineering colleges stay on top of the game

Rediff.com18 Dec 2017

Realigned training modules. Better automation and coding tools. Internal contests and more.

Amazon plans exclusive drones for India; files patent

Amazon plans exclusive drones for India; files patent

Rediff.com9 Oct 2017

Firm says the proposed drones can also be used to identify other such objects, along with aircraft, plying within Indian skies

Serving small entrepreneurs: A 5-star business idea

Serving small entrepreneurs: A 5-star business idea

Rediff.com4 Sep 2017

Five Star Business Finance is in the business of providing loans to MSME entrepreneurs. Gireesh Babu finds out more about the company that plans to grow to 3,000 crore by 2020.

IT layoffs: Silver Lining for techies

IT layoffs: Silver Lining for techies

Rediff.com27 Jul 2017

'The good news is the technology industry is creating a space for you somewhere else.'

Another Sasikala nephew enters TN politics

Another Sasikala nephew enters TN politics

Rediff.com3 Jul 2017

Jeyanandh Dhivakaran, son of Sasikala's brother, V Dhivaharan, is making headlines in Tamil Nadu politics, reports Gireesh Babu.

Private equity inflows remain steady this year

Private equity inflows remain steady this year

Rediff.com29 Jun 2017

This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year

Indian Patent Office rejects Google's invention

Indian Patent Office rejects Google's invention

Rediff.com14 Jun 2017

The application was filed in 2006 by Motorola Mobility LLC, now changed to Google Technology Holdings LLC for method and apparatus of providing text messages

Xiaomi all set to spread its wings in India

Xiaomi all set to spread its wings in India

Rediff.com8 Jun 2017

It is ramping up capacity in the second facility in Andhra Pradesh, run by Foxconn

Cognizant issues social-media guidelines to employees

Cognizant issues social-media guidelines to employees

Rediff.com30 May 2017

Company says that the employees should not post disparaging content about Cognizant

Kudankulam Unit-2 shut down due to leakage

Kudankulam Unit-2 shut down due to leakage

Rediff.com7 May 2017

The shutdown will affect the power supply to Tamil Nadu during the peak of summer.

Apollo Hospitals family to form trust

Apollo Hospitals family to form trust

Rediff.com29 Mar 2017

Lawyers are working on the documents related to forming a trust and other legal formalities

'We stayed away from corporate loans, focus is back on retail'

'We stayed away from corporate loans, focus is back on retail'

Rediff.com17 Jan 2017

V G Mathew, managing director and chief executive officer of South Indian Bank speaks to Gireesh Babu, about demonetisation impact, rights issue and future plans.

Why buying TriZetto is a pretty smart move by Cognizant

Why buying TriZetto is a pretty smart move by Cognizant

Rediff.com3 Jan 2017

The acquisition has opened a market to 245,000 healthcare providers, 350 payers (insurance firms) and 180 million lives.

Apollo's Sangita Reddy: We are on track to a Rs 450 crore turnover

Apollo's Sangita Reddy: We are on track to a Rs 450 crore turnover

Rediff.com9 Dec 2016

Apollo Hospitals group is open to investing in health care start-ups says its director Sangita Reddy.

How Chennai Tricolor helps people during the cash crisis

How Chennai Tricolor helps people during the cash crisis

Rediff.com22 Nov 2016

Two to five volunteers, with the support of bank employees, could offer guidance and help to customers.

Bankers helped transport hawala cash during polls: DMK leader

Bankers helped transport hawala cash during polls: DMK leader

Rediff.com13 Jun 2016

T K S Elangovan has alleged senior bank officials forged documents and faked authorisation from the RBI, to transport huge sums of hawala money during recent elections in the state.

We want half our business in India to be on the public cloud: Karan Bajwa

We want half our business in India to be on the public cloud: Karan Bajwa

Rediff.com30 Sep 2015

'We have close to 30 per cent share of the Indian public cloud market'

Next