Raghavendra Kamath &Amp; Shivani Shinde In Mumbai

Stories by Raghavendra Kamath &Amp; Shivani Shinde In Mumbai

Big Bazaar's new shopping scheme finds takers

Big Bazaar's new shopping scheme finds takers

Rediff.com   23 Apr 2013

To join 'Big Bazaar Profit Club', a customer has to pay Rs 10,000, after which he can shop for Rs 1,000 a month for 12 months.

Oracle's lofty Bandra office deal could lift realty

Oracle's lofty Bandra office deal could lift realty

Rediff.com   11 Apr 2013

At Rs 340 a square feet a month, the nine-year pact is among the costliest.

Pantaloon's debt to come down to Rs 1,900 cr by June

Pantaloon's debt to come down to Rs 1,900 cr by June

Rediff.com   28 Mar 2013

The company's total debt is Rs 5,500 crore (Rs 55 billion) as of December 31, 2012.

To guide or not to guide: Infy dilemma

To guide or not to guide: Infy dilemma

Rediff.com   21 Mar 2013

Analysts wonder if the firm will discontinue giving annual guidance.

We can manage without FDI, say retail CFOs

We can manage without FDI, say retail CFOs

Rediff.com   19 Mar 2013

Tesco, which has a franchise agreement with Trent Hypermarkets for the latter's back-end operations, is believed to be interested in investing in those hypermarkets

HUL plans to sell property in metros

HUL plans to sell property in metros

Rediff.com   13 Mar 2013

FMCG giant HUL sold or leased its landmark commercial properties, including its former headquarters, last year.

Biyani, Hong Kong billionaire to form JV

Biyani, Hong Kong billionaire to form JV

Rediff.com   11 Mar 2013

To operate large wholesale markets and imports.

Uncertain demand may change IT's hiring pattern

Uncertain demand may change IT's hiring pattern

Rediff.com   8 Mar 2013

Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.

Affordable home sales may go up 20%, luxury sales to crawl

Affordable home sales may go up 20%, luxury sales to crawl

Rediff.com   4 Mar 2013

A day after the Budget, the industry estimates the sale of affordable homes could increase up to 20 per cent this year due to an additional exemption granted to first-time buyers.

After Budget, CEOs clamour for interest rate cut

After Budget, CEOs clamour for interest rate cut

Rediff.com   4 Mar 2013

An interest rate cut, at a time when demand was not showing any sign of revival, would boost sentiments, especially for interest-rate sensitives like the car and real estate sectors, which had been showing negative growth, a majority of the 15 CEOs polled by Business Standard said.

TCS to pay $30 mn to settle dispute in California

TCS to pay $30 mn to settle dispute in California

Rediff.com   26 Feb 2013

The complaint was filed by non-US employees Gopi Vedachalam and Kangana Beri, who were sent from India to the US to work on projects.

Retail sees slowdown pangs as shoppers curb spends

Retail sees slowdown pangs as shoppers curb spends

Rediff.com   25 Feb 2013

Like other food and grocery chains, Birla Retail is aggressively pushing its private labels and large packs to woo customers. Besides offering value, private labels push retailers' margins.

MCA ropes in TCS to help Infosys manage portal

MCA ropes in TCS to help Infosys manage portal

Rediff.com   20 Feb 2013

TCS was in charge of development and management of the portal for seven years, until MCA decided to hand the work of its IT vendor to Infosys.

Infosys to go long on automation, short on headcount

Infosys to go long on automation, short on headcount

Rediff.com   19 Feb 2013

Application mgmt, infrastructure mgmt and BPO to be more automated than other areas.

Many Sahara realty projects stuck, experts pessimistic

Many Sahara realty projects stuck, experts pessimistic

Rediff.com   19 Feb 2013

Land parcels acquired for 58 new projects, which are yet to be launched.

IT: Cheery forecast fails to lift mood

IT: Cheery forecast fails to lift mood

Rediff.com   14 Feb 2013

On Tuesday, Nasscom announced at its 21st Leadership Summit that it expected the sector to grow 12-14 per cent in FY14, better than the 10.9 per cent growth it would report for FY13.

Staffers on retail floor dash towards the exit

Staffers on retail floor dash towards the exit

Rediff.com   12 Feb 2013

Fast growth in organised retail and opening of new malls and stores have raised attrition levels at the shop floor to alarming levels of eight per cent a month, or 96 per cent a year.

Hypermarket operators tweak models to cut costs

Hypermarket operators tweak models to cut costs

Rediff.com   11 Feb 2013

They plan to cut shop sizes and look at opening standalone stores after years of losses.

What caused the flash crash at HDIL?

What caused the flash crash at HDIL?

Rediff.com   5 Feb 2013

Mounting debt, slowing sales, and rising inventory were at the heart of HDIL's woes.

It's raining offers on Republic Day

It's raining offers on Republic Day

Rediff.com   26 Jan 2013

Industry estimates R-Day sales are eight times the usual for big retailers.