Raghavendra Kamath &Amp; Shivani Shinde In Mumbai

Stories by Raghavendra Kamath &Amp; Shivani Shinde In Mumbai

IT firms slug it out on engg campuses

IT firms slug it out on engg campuses

Rediff.com   24 Jan 2011

To get the best talent, they put stiff riders for recruitment.

UTV may exit Indiagames

UTV may exit Indiagames

Rediff.com   17 Jan 2011

Sources said Vishal Gondal, founder of Indiagames, along with existing investors Cisco and Adobe, are in talks with both private equity consortia and strategic investors to buy back the stake they'd once sold to the parent firm.

Now, it's TV and DTH bonanza for cricket fans

Now, it's TV and DTH bonanza for cricket fans

Rediff.com   17 Jan 2011

"Every Cricket enthusiast would like to watch the matches in the best quality format. Hence it is obvious that players are hoping for a good sales year. But this will also mean plethora of schemes for the users to chose from," said a market expert.

'Bluetooth will now get its due attention'

'Bluetooth will now get its due attention'

Rediff.com   14 Jan 2011

The cost of a Bluetooth is less than $5. Besides, Bluetooth is based on radio technology. Radio is very simple and it does not support high data runs.

Patni-iGate deal hit by procedural delays

Patni-iGate deal hit by procedural delays

Rediff.com   4 Jan 2011

A stake sale deal between Patni Computer Systems and iGate is on course, but has been delayed due to procedural issues.Sources involved in the deal said they include tax-related developments and offshore transaction fees.

Mumbai moves up in realty investors' pecking order

Mumbai moves up in realty investors' pecking order

Rediff.com   27 Dec 2010

Mumbai has jumped five positions to become the third-most preferred property investment market in Asia Pacific in 2011, according to new survey.

iGate-Apax closes in on Patni deal

iGate-Apax closes in on Patni deal

Rediff.com   24 Dec 2010

However, the Carlyle-Advent consortium could revise its bid upwards, said two independent sources tracking the deal.

Patni customers in wait-and-watch mode

Patni customers in wait-and-watch mode

Rediff.com   23 Dec 2010

The current talks on stake sale by its promoters at India's seventh largest information technology services company, Patni Computer Systems, seem to be in the final stages. Whichever way the deal swings, analysts feel the company will lose some business.

Bengaluru closes in on Shanghai in office space

Bengaluru closes in on Shanghai in office space

Rediff.com   22 Dec 2010

Latest CBRE data show Mumbai and the National Capital Region together have just 13 per cent more office space than Bengaluru.

IBM Daksh CEO says will quit by February

IBM Daksh CEO says will quit by February

Rediff.com   16 Dec 2010

Pavan Vaish, one of the co-founders and the chief executive officer of IBM Daksh, has announced that he will leave IBM by the end of February. IBM announced it had completed the integration of IBM Daksh and its business process outsourcing (BPO) operations would be rebranded as IBM Global Process Services.

TCS, Infy, Wipro eye $27-bn deals up for renewal

TCS, Infy, Wipro eye $27-bn deals up for renewal

Rediff.com   8 Dec 2010

Deals worth $27 billion are up for renewal. Of these, almost $1.7 billion worth of contracts are currently with Indian services providers, said data from TPI.

Mobiles: The next battleground

Mobiles: The next battleground

Rediff.com   3 Dec 2010

Google, Yahoo, Rediff vie for market share of mobile internet users.

NTT resumes talks for Patni promoter stake

NTT resumes talks for Patni promoter stake

Rediff.com   29 Nov 2010

NTT had earlier sought the combined 63 per cent stake of the promoters and private equity firm General Atlantic Partners, but their exclusive talks failed due to a valuation mismatch.

Half a dozen realty IPOs face delay

Half a dozen realty IPOs face delay

Rediff.com   29 Nov 2010

The mega real estate loan scam could delay the initial public offers of over half a dozen real estate developers because of poor investor sentiment, said bankers and analysts tracking the sector.

Regional retailers hold their own

Regional retailers hold their own

Rediff.com   25 Nov 2010

Chennai-based electronics and consumer durables chain Viveks is the country's largest multi-product, multi-brand service centre. B A Kodandaraman, the 72-year-old chairman & managing director, knows it is after-sales service that will separate the men from the boys in the highly competitive retail sector, especially when big corporate houses are muscling their way into the segment.

IT firms continue to gain market share

IT firms continue to gain market share

Rediff.com   23 Nov 2010

Private sector has continued to look at outsourcing and offshoring, despite government's measures.

Mobile booking for travel tickets gains speed

Mobile booking for travel tickets gains speed

Rediff.com   15 Nov 2010

Indian Railway Catering and Tourism Corporation (IRCTC), the country's leading online-ticketing platform, has seen a jump of 60 per cent in mobile ticket booking between January and October.

Birla's retail venture: Less is more

Birla's retail venture: Less is more

Rediff.com   1 Nov 2010

By his own admission, the last 30 months have been one of the toughest in Thomas Varghese's 29-year career. The 50-year-old chief executive of Aditya Birla Retail, however, quickly adds that they have been 'very interesting and challenging too'.

PEs, bankers divided on  BT's TechM exit

PEs, bankers divided on BT's TechM exit

Rediff.com   28 Oct 2010

Private equity (PE) players and investment bankers are divided over the timing of the BT Group's reported move to exit Tech Mahindra. BT owns about 30 per cent in TechM.

TCS to hire 50% more students for 2011-12

TCS to hire 50% more students for 2011-12

Rediff.com   25 Oct 2010

Tata Consultancy Services (TCS), the country's largest information technology services company, will hire 50 per cent more students from campuses for 2011-12.