Raghavendra Kamath &Amp; Shivani Shinde In Mumbai

Stories by Raghavendra Kamath &Amp; Shivani Shinde In Mumbai

UIDAI's first big IT project gets 19 bids

UIDAI's first big IT project gets 19 bids

Rediff.com   4 Mar 2010

Professional services firm Ernst & Young bagged the contract from UIDAI to become consulting partner for the project.

After 2-year lull, IT majors plan 8-12% hike

After 2-year lull, IT majors plan 8-12% hike

Rediff.com   4 Mar 2010

The increases are expected to be in the 8 to 12 per cent range, which do not compare too badly with the 13 to 15 per cent increments of pre-slowdown years such as 2007-08.

Mid-size retailers still feel the slowdown pinch

Mid-size retailers still feel the slowdown pinch

Rediff.com   19 Feb 2010

Rustomjee Business School, promoted by realtor Boman Irani, stands tall on S V Road in Mumbai's Dahisar area. Just a year ago, it was the site of an equally impressive Mega Mart promoted by Vishal Retail.

TCS, Wipro eye UK cloud computing deal

TCS, Wipro eye UK cloud computing deal

Rediff.com   18 Feb 2010

The project involves building a network around a dozen secured centres, each priced at pound 250 mn.

IT firms plan new strategies for 2010

IT firms plan new strategies for 2010

Rediff.com   11 Feb 2010

India's second largest IT company, Infosys Technologies, for instance, has narrowed on the new areas to drive its growth.

Home market shrinks, again

Home market shrinks, again

Rediff.com   11 Feb 2010

Several cities see a fall of up to 36% in sales, even as Mumbai region continues to grow.

How Nasscom made software sector a superpower

How Nasscom made software sector a superpower

Rediff.com   10 Feb 2010

National Association of Software and Service Companies had a humble beginning.

'IT services will see double-digit growth soon'

'IT services will see double-digit growth soon'

Rediff.com   8 Feb 2010

The sector may not touch the 30-40 per cent growth rates it witnessed before the slowdown, but an register above 20 per cent growth as it nears calendar year 2011, says Partha Iyengar, regional research head and Vice President, Gartner India.

Sahara set to buy out Siva from Aamby Valley

Sahara set to buy out Siva from Aamby Valley

Rediff.com   5 Feb 2010

The deal size could be in excess of Rs 2,000 crore, though this could not be verified. Sivasankaran had invested close to Rs 1,800 crore in 2007 to take a 41 per cent stake in Aamby Valley. The Sahara Group is the majority investor, with a 51 per cent stake.

India not ready for cyberwar

India not ready for cyberwar

Rediff.com   4 Feb 2010

Once confined to secret chambers, hackers now operate even at the behest of nations - all with the stealth shown by the Greeks to destroy Troy with the Trojan horse.

Indian BPO companies create jobs in US, too

Indian BPO companies create jobs in US, too

Rediff.com   3 Feb 2010

Firstsource was perhaps the first BPO that set shop in the US city of Buffalo in 2004 with 287 employees.

Rly panel makes 4th attempt to sell Mumbai land

Rly panel makes 4th attempt to sell Mumbai land

Rediff.com   29 Jan 2010

The last date for receiving EoIs is February 28, after which a new reserve price will be announced.

WNS CEO Bhargava quits, to join PE firm

WNS CEO Bhargava quits, to join PE firm

Rediff.com   25 Jan 2010

Bhargava along with Harsha Raghavan, the former India head of Candover Investments, have formed Steer Capital.

Home prices almost back to 2007-08 levels

Home prices almost back to 2007-08 levels

Rediff.com   22 Jan 2010

Apartment prices at Planet Godrej, a premium residential property developed by Godrej Properties in the tony Mahalaxmi area of Mumbai, had come down to as low as Rs 17,000 to Rs 18,000 a sq ft in the property market slowdown last year.

Future group's home retailing sees turnaround

Future group's home retailing sees turnaround

Rediff.com   21 Jan 2010

Kishore Biyani's Future Group has seen a turnaround in home retailing after months of decline, on the back of improved consumer sentiments and focused merchandising plans, a key group executive said.

IT firms cautious about huge salary hike

IT firms cautious about huge salary hike

Rediff.com   20 Jan 2010

"The general benchmark that we are getting to hear is in the range of 5-15 per cent. Clearly, the 30-40 per cent hike days are behind us. Along with the slowdown in the US markets, there is a general mismatch in demand and supply. I think firms are being cautious before announcing huge hikes," says Shiv Aggarwal, CEO of ABC Consultants.

FSI hike to boost Maharashtra realty biz

FSI hike to boost Maharashtra realty biz

Rediff.com   20 Jan 2010

The Maharashtra government has decided to increase floor space index (FSI) to 3 from the current 2.5 for buildings which have come up between 1940 and 1960. The decision opens up the possibility for redeveloping 16,461 old buildings.

Vencap success rate comparable to US: Study

Vencap success rate comparable to US: Study

Rediff.com   15 Jan 2010

The 'First Status Report on Technology Business Incubation' in India also stated that 20 to 30 per cent of incubated companies make it big.

Soon, IIMs may scrap Day Zero for placement

Soon, IIMs may scrap Day Zero for placement

Rediff.com   23 Dec 2009

Day Zero was created when demand for IIM graduates had peaked and the institutes had to resort to creative mathematics to accommodate big recruiters without offending the existing ones. Falling job market has forced the B-schools to review the strategy, including placement fee revision.

Satyam: Out of the woods, but miles to go

Satyam: Out of the woods, but miles to go

Rediff.com   16 Dec 2009

Mahindra Satyam still has to face 13 Class Action Law suits filed in the US. Analysts peg the cash outflow for these cases to be around $100 million. Satyam also has to get large marquee outsourcing deals, and is yet to restate its accounts which will give investors a good picture of where the company stands.