Raghavendra Kamath &Amp; Samreen Ahmad

Stories by Raghavendra Kamath &Amp; Samreen Ahmad

Wistron unit may restart in 15-20 days

Wistron unit may restart in 15-20 days

Rediff.com   17 Dec 2020

Wistron, which earlier pegged the losses at Rs 437 crore, later notified the Taiwan stock exchange that the total losses were around Rs 50 crore.

Employees or contractors? Gig workers face social code dilemma

Employees or contractors? Gig workers face social code dilemma

Rediff.com   3 Dec 2020

The Code on Social Security, 2020 gives a lot of comfort to gig firms which recognise cab drivers or food delivery executives as 'independent contractors' who directly do business with customers with the help of their digitised platforms.

From January, consumer goods are likely to cost more by 3-5%

From January, consumer goods are likely to cost more by 3-5%

Rediff.com   3 Dec 2020

Prices of all metals - from steel to copper, aluminium, zinc and lead - have shot up by about 5-11 per cent in the past month. Commodity inflation is raising its head, forcing companies to consider price hikes.

How states are preparing for Covid vaccine distribution

How states are preparing for Covid vaccine distribution

Rediff.com   2 Dec 2020

Each state has its own weak areas that need attention. Some states have already identified the gaps and sought the Centre's help. Vinay Umarji, Ishita Ayan Dutt, Samreen Ahmad and Sohini Das report.

Wipro rewrites growth strategy under new chief Thierry Delaporte

Wipro rewrites growth strategy under new chief Thierry Delaporte

Rediff.com   27 Nov 2020

Under the new model, the IT services firm will replace the current structure of its various strategic business units, service lines and geographies with four strategic market units and two global business lines.

WFH rules simplified! More jobs for small town India

WFH rules simplified! More jobs for small town India

Rediff.com   23 Nov 2020

Tier-II and tier-III towns have a reason to rejoice.

Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

Rediff.com   23 Nov 2020

While BlackRock is an existing investor in Byju's, T Rowe joined as a new investor.

PUBG to return to India with new game, $100 mn investment, better security

PUBG to return to India with new game, $100 mn investment, better security

Rediff.com   13 Nov 2020

The company is also planning to create an Indian subsidiary to enhance communications and services with players for which it will hire over 100 employees specialising in business, e-sports, and game development.

Sops, stamp duty cut help home sales in Mumbai surge

Sops, stamp duty cut help home sales in Mumbai surge

Rediff.com   5 Nov 2020

Mumbai Metropolitan Region recorded housing sales of nearly 9,200 units in Q3 of calender 2020, against 3,620 units in the preceding quarter, registering a 1.5 times growth which is the highest growth seen any city except Chennai.

How start-ups are helping kirana stores go digital to manage business

How start-ups are helping kirana stores go digital to manage business

Rediff.com   4 Nov 2020

Start-ups such as Max Wholesale, Jumbotail and ShopKirana are helping them place orders, maintain inventory, optimise delivery routes and make payments, all digitally.

How Indus, the Made in India app store, took wing

How Indus, the Made in India app store, took wing

Rediff.com   29 Oct 2020

The content discovery platform designed to help you discover content and services in the language of your choice recently turned profitable. It has delivered 1 billion application installs and updates in the past 12 months, says Samreen Ahmad.

Looking to go omnichannel, BigBasket may seal deal with Tatas

Looking to go omnichannel, BigBasket may seal deal with Tatas

Rediff.com   29 Oct 2020

The competition which BigBasket faces now is with the big three - Amazon, Walmart, and Reliance.

Singapore's Mapletree Investments buys land in Mumbai for Rs 525 crore

Singapore's Mapletree Investments buys land in Mumbai for Rs 525 crore

Rediff.com   12 Oct 2020

The Kanakia group, from which Mapletree did the purchase, had bought the plot from India Tube Mills and Metal Industries for Rs 363 crore in 2018.

Fuelled by demand in southern markets, office leasing rises

Fuelled by demand in southern markets, office leasing rises

Rediff.com   6 Oct 2020

The Q3 office rebound growth was led by Bengaluru and Hyderabad, which together accounted for nearly 80 per cent of the net absorption in Q3.

Sales of Biocon's itolizumab surge as phase-4 clinical trials begin

Sales of Biocon's itolizumab surge as phase-4 clinical trials begin

Rediff.com   6 Oct 2020

In India, itolizumab, known by the brand name Alzumab, has been priced at Rs 8,000 per vial. Most patients require four vials for Covid-19 treatment, taking the cost of the therapy to Rs 32,000.

Silver Lake's love affair with India continues

Silver Lake's love affair with India continues

Rediff.com   25 Sep 2020

The PE biggie has committed to pumping money into Jio Platforms, Byju's and Reliance Retail so far this year - all marquee names in their respective sectors.

Covid spurs matured-stage start-ups to advance their IPO plans

Covid spurs matured-stage start-ups to advance their IPO plans

Rediff.com   25 Sep 2020

In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.

Tiger Global, others invest $225 mn in parent of IPL title sponsor Dream11

Tiger Global, others invest $225 mn in parent of IPL title sponsor Dream11

Rediff.com   15 Sep 2020

The new round values the company at $2.5 billion, more than double the over $1 billion valuation Dream 11 enjoyed in April 2019 when it was declared the country's first gaming unicorn.

How Covid has triggered wave of innovations in India

How Covid has triggered wave of innovations in India

Rediff.com   14 Sep 2020

Some of these items of consumption include ultraviolet disinfectants and sanitising boxes, free-finger touch devices, do-it-yourself grooming kits, self-cleaning water bottles, smart tiffin boxes, hand-sanitizer wearables, antiviral fabrics, tiles, flooring and mattresses, and anti-fogging glasses.

Post sale of Future group, Biyani will keep home retailing biz going

Post sale of Future group, Biyani will keep home retailing biz going

Rediff.com   11 Sep 2020

Future's home retailing interests, including furniture and furnishings, are housed under Praxis Home Retail, which was created in FY18 when the group demerged the business from Future Retail.