All stories by Gireesh Babu
Union seeks transport, police protection for bank staffRediff.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-shoeRediff.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 JuneRediff.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 2019Rediff.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 PremjiRediff.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 storesRediff.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!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 debtRediff.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 armsRediff.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 orderRediff.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 rebuildingRediff.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 claimsRediff.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'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 2020Rediff.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 surviveRediff.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 stakeRediff.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 businessRediff.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'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 caseRediff.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 missilesRediff.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 monthRediff.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 disputeRediff.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'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 gameRediff.com18 Dec 2017
Realigned training modules. Better automation and coding tools. Internal contests and more.
Amazon plans exclusive drones for India; files patentRediff.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 ideaRediff.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 techiesRediff.com27 Jul 2017
'The good news is the technology industry is creating a space for you somewhere else.'
Another Sasikala nephew enters TN politicsRediff.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 yearRediff.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 inventionRediff.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 IndiaRediff.com8 Jun 2017
It is ramping up capacity in the second facility in Andhra Pradesh, run by Foxconn
Cognizant issues social-media guidelines to employeesRediff.com30 May 2017
Company says that the employees should not post disparaging content about Cognizant
Kudankulam Unit-2 shut down due to leakageRediff.com7 May 2017
The shutdown will affect the power supply to Tamil Nadu during the peak of summer.
Apollo Hospitals family to form trustRediff.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'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 CognizantRediff.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 turnoverRediff.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 crisisRediff.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 leaderRediff.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 BajwaRediff.com30 Sep 2015
'We have close to 30 per cent share of the Indian public cloud market'