Peerzada Abrar, Sai Ishwar

Stories by Peerzada Abrar, Sai Ishwar

Pine Labs' valuation tops $2 bn post funding

Pine Labs' valuation tops $2 bn post funding

Rediff.com   22 Dec 2020

This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.

Chinese hackers targeted Indians with e-shopping scams

Chinese hackers targeted Indians with e-shopping scams

Rediff.com   19 Dec 2020

'E-commerce scams are not new, but what s more alarming is the covert cyber warfare the Chinese entities are launching in India on a repeated basis.'

Meet Asha, the robotic nurse

Meet Asha, the robotic nurse

Rediff.com   17 Dec 2020

'Imagine taking care of a patient who is infected with Covid. A human nurse is unable to do that due to fear of infection. The robot can do that task, while it is controlled or supervised by the human nurse. So the robot becomes an extension of the nurse.'

Ola Electric to create 10,000 jobs

Ola Electric to create 10,000 jobs

Rediff.com   17 Dec 2020

Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units.

Flipkart extends WFH till May end

Flipkart extends WFH till May end

Rediff.com   12 Dec 2020

Employees can take 'unlimited bereavement leave' in case of loss of a family member. All employees are encouraged to take breaks on a daily basis. This includes a mandatory 1-hour lunch break where no other meetings can be scheduled.

India is the world's 9th most spammed country

India is the world's 9th most spammed country

Rediff.com   9 Dec 2020

About 98.5 per cent of all spam calls in India originate from domestic numbers. However, spam calls received by users in India have decreased by 34%.

Why your Uber/Ola surge prices won't soar anymore

Why your Uber/Ola surge prices won't soar anymore

Rediff.com   28 Nov 2020

New norms issued as per the Motor Vehicle Aggregator Guidelines 2020 have mandated a cap on surge price, preventing aggregators from charging more than 1.5 times of the base fare.

Biggest change the pandemic has brought for Indian IT

Biggest change the pandemic has brought for Indian IT

Rediff.com   10 Nov 2020

While for clients it has led to increased outsourcing, they are no more worried about which shore the service providers are executing the project in - offshore, onshore or near-shore - because remote working has become the standard norm in the industry, giving rise to a "no shore" kind of model.

IT firms are still hiring freshers

IT firms are still hiring freshers

Rediff.com   4 Nov 2020

'Our focus on fresher induction is high, given that they come in with certain advantages.' 'They do not have an unlearning process as seen in senior employees.'

How IT services firms plan to protect clients from cyber threat

How IT services firms plan to protect clients from cyber threat

Rediff.com   28 Oct 2020

In the last couple of months, top Indian IT services providers, including TCS, Infosys, Wipro and HCL Tech have announced setting up cyber threat management centres in the US and Europe.

'There is a good alignment of stars and we hope to continue to surprise the market'

'There is a good alignment of stars and we hope to continue to surprise the market'

Rediff.com   22 Oct 2020

'We will continue to refine our operating model to drive more simplicity and nimbleness.'

Amazon vs Future duel underway in Singapore, verdict by next week

Amazon vs Future duel underway in Singapore, verdict by next week

Rediff.com   21 Oct 2020

An emergency arbitration hearing between Amazon and retail conglomerate Future Group took place last week and a verdict is expected in the next few days, according to sources.

US hikes visa processing fee by up to 75%

US hikes visa processing fee by up to 75%

Rediff.com   19 Oct 2020

The move may result in a short-term cost impact for IT Indian companies, according to experts, despite the firms ramping up their local hiring and offshoring projects elsewhere to overcome visa-related issues.

Govt sends notice to Amazon, Flipkart for not showing country of origin

Govt sends notice to Amazon, Flipkart for not showing country of origin

Rediff.com   17 Oct 2020

Not displaying the mandatory information, including country of origin, on products sold on their platforms in India, draws government's attention.

E-com firms look to get a fillip ahead of festive season

E-com firms look to get a fillip ahead of festive season

Rediff.com   13 Oct 2020

This year, festive sales are expected to push up the annual gross merchandise value of e-commerce companies to around $38 billion, a 40 per cent growth over the previous year.

This is the next battleground for PhonePe, Amazon and Google

This is the next battleground for PhonePe, Amazon and Google

Rediff.com   10 Oct 2020

The size of the Indian financial services market could touch around $340 billion in the next few years.

Ahead of mega-IPO plans, Indian unicorns eye new business

Ahead of mega-IPO plans, Indian unicorns eye new business

Rediff.com   8 Oct 2020

A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.

TCS to roll out salary hikes for all employees, effective October 1

TCS to roll out salary hikes for all employees, effective October 1

Rediff.com   8 Oct 2020

In the second quarter, attrition for the IT firm hit an all-time low of 8.9 per cent, a fall of 120 basis points on quarter-on-quarter basis.

Cash-rich IT service firms on a shopping spree

Cash-rich IT service firms on a shopping spree

Rediff.com   7 Oct 2020

The top four Indian IT firms have cash reserves of nearly $15 billion with TCS alone holding $5.9 billion in reserves, followed by Infosys with $3.6 billion, and Wipro with $3.4 billion. HCL Technologies has cash reserves of $1.75 billion.

Facebook's Hate Content Crisis is Ajit Mohan's biggest headache

Facebook's Hate Content Crisis is Ajit Mohan's biggest headache

Rediff.com   28 Sep 2020

'The reality is no one, including some of the names that have shown up in the last few weeks, have any unilateral decision-making power in this,' Facebook India MD Ajit Mohan tells Peerzada Abrar.