Sachin P Mampatta &Amp; Neha Alawadhi

Stories by Sachin P Mampatta &Amp; Neha Alawadhi

IT services companies may go slow on fresh hires

IT services companies may go slow on fresh hires

Rediff.com   21 Mar 2020

According to experts in human resources, even joining of new graduates is likely to be staggered as companies are expected to onboard staffers after gauging the demand scenario.

Now, tech-driven solutions to track coronavirus patients

Now, tech-driven solutions to track coronavirus patients

Rediff.com   20 Mar 2020

Bengaluru-based Healthtech start-up Mfine has rolled out a coronavirus assessment feature which enables virtual medical consultation to assess patients who have flu-like symptoms. Portea and Haptik habe developed chatbots, which will disseminate information related to coronavirus.

Rana Kapoor: The banker who said 'YES' to a chosen few

Rana Kapoor: The banker who said 'YES' to a chosen few

Rediff.com   19 Mar 2020

The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.

COVID-19: Mumbai, Delhi see decline in traffic congestion

COVID-19: Mumbai, Delhi see decline in traffic congestion

Rediff.com   18 Mar 2020

Mumbai saw an average 46 per cent decline in congestion during the morning rush hour on Tuesday. New Delhi's data also showed an average 34 per cent decline in congestion during morning.

Travel portals, airlines are grappling with cancellations

Travel portals, airlines are grappling with cancellations

Rediff.com   18 Mar 2020

The issues include not getting refunds on airline and hotel bookings, getting charged a service fee even if airlines have waived cancellation charges and so on. Complaints are piling up on Twitter, Facebook and other social media channels as more and more people cancel their travel plans due to the ongoing Covid-19 pandemic.

Coronavirus outbreak: IT services companies widen travel restrictions

Coronavirus outbreak: IT services companies widen travel restrictions

Rediff.com   9 Mar 2020

Apart from such advisory, IT biggies such as TCS, Infosys and HCL Tech among others have been pursuing 'remote working' model to overcome the situation.

How PhonePe restored its UPI after Yes Bank blow

How PhonePe restored its UPI after Yes Bank blow

Rediff.com   8 Mar 2020

After a gruelling 24 hours, the PhonePe team has fully restored UPI on the payment platform. The app is up and running again with ICICI Bank as its new partner with all payment instruments enabled.

Google to wind down free WiFi services globally

Google to wind down free WiFi services globally

Rediff.com   25 Feb 2020

Google had started the Station as a five-year partnership with the Indian Railways and RailTel in 2015 to provide fast, free WiFi in over 400 stations by mid-2020.

What kind of telecom services do Indian users like?

What kind of telecom services do Indian users like?

Rediff.com   17 Feb 2020

44 per cent Indian respondents say that bundling media services with their telecom plan was the main reason they were willing to spend more on their mobile and fixed broadband bills.

Coronavirus: Over 50,000 Indians stuck in China

Coronavirus: Over 50,000 Indians stuck in China

Rediff.com   14 Feb 2020

While many are getting stranded because of lack of clarity regarding the visa rules following the novel coronavirus outbreak, others are stranded in transit as even OCI cardholders are being turned away

New tax norms to hit dividends received from foreign arms

New tax norms to hit dividends received from foreign arms

Rediff.com   12 Feb 2020

Dividend distribution tax in FY20 would only be applicable after deducting Rs 70 received from the foreign subsidiary, meaning 20.56 per cent DDT would be paid only on Rs 30.

Post Budget, companies likely to change dividend tax policy

Post Budget, companies likely to change dividend tax policy

Rediff.com   10 Feb 2020

An analysis of S&P BSE 500 companies suggests that promoters of Indian private-sector companies in particular could end up paying at least 20 per cent more as additional tax on the same dividend income.

WhatsApp Pay gets nod, eyes lion's share of market

WhatsApp Pay gets nod, eyes lion's share of market

Rediff.com   8 Feb 2020

Facebook-owned messaging service WhatsApp has secured regulatory approval for launching its digital payment platform -- WhatApp Pay -- in a phased manner, close to two years after the US-based company's pilot run.

1% TDS levy could make your ecommerce buys costlier

1% TDS levy could make your ecommerce buys costlier

Rediff.com   3 Feb 2020

Apart from making your purchases on these platforms expensive, it will also mean sellers will have to face the brunt of reduced cash flows amid already low margins for some. Experts said the proposal, which will take effect on April 1, 2020, and will be inserted as a new section in the Income Tax Act, is expected to affect the working capital of e-commerce companies and reduce cash flows for e-sellers.

Sebi probe reports cast shadow on Jhunjhunwala's holdings

Sebi probe reports cast shadow on Jhunjhunwala's holdings

Rediff.com   29 Jan 2020

Reports suggested that stock market regulator, the Securities and Exchange Board of India (Sebi), is looking into the allegations of insider trading in the shares of Aptech, a computer training company in which Jhunjhunwala is a promoter. An email sent to Jhunjhunwala on the allegations did not immediately receive a response.

Falling sales add a new worry to corporates: Rising inventory

Falling sales add a new worry to corporates: Rising inventory

Rediff.com   26 Jan 2020

Net sales growth for the quarter ended December (Q3FY20) was 4.5 per cent on a year-on-year (YoY) basis for companies that have declared their results so far, compared to an 8.4 per cent rise in the first half of the financial year. This indicates that there could be a further rise in days' sales of inventory.

What brands must do to weather troll-storm

What brands must do to weather troll-storm

Rediff.com   19 Jan 2020

From consulting firms to tech and detergent companies, brands are busy swatting away online crusaders. In the fraught times we live in, it is not just religion that stokes the fires of controversy. In such instances, it may be best to take the trolls head on.

CCI warns online retailers against unfair practices

CCI warns online retailers against unfair practices

Rediff.com   12 Jan 2020

The warning by the anti-trust watchdog has come days ahead of Amazon founder Jeff Bezos' India visit, about which the Seattle-headquartered company has been tight-lipped. Sources in the know indicated that Bezos, coming on a short trip, has sought a meeting with Prime Minister Narendra Modi.

India lost over $1.3 billion to internet shutdowns in 2019

India lost over $1.3 billion to internet shutdowns in 2019

Rediff.com   10 Jan 2020

The total cost of internet shutdowns across the world stood at $8.05 billion in 2019, an increase of 235 per cent since 2015-16.

Outrage over tech honchos' presence at RSS event

Outrage over tech honchos' presence at RSS event

Rediff.com   7 Jan 2020

Zoho's co-founder and CEO Sridhar Vembu is set to be the chief guest while Accenture's managing director and head of operations (Chennai) Rama S Ramachandran is to be the guest of honour at the 'Resurgent Bharath' event to be held in Chennai on February 2, reports Neha Alawadhi.