Samie Modak &Amp; T E Narasimhan

Stories by Samie Modak &Amp; T E Narasimhan

Cognizant's hiring mix changes

Cognizant's hiring mix changes

Rediff.com   12 Nov 2012

The mix of direct college hires and experienced professionals in global information technology major Cognizant Technology has witnessed a change in the recent past.

UniverCell plans to launch tablet computer

UniverCell plans to launch tablet computer

Rediff.com   3 Nov 2012

"Plans are in a nascent stage and we will take further steps after the festival season is over"

MCX-SX to go live after registering 350 members

MCX-SX to go live after registering 350 members

Rediff.com   3 Nov 2012

To launch technology infrastructure on Nov 18.

Rigged IPOs: Firms flout Sebi directive

Rigged IPOs: Firms flout Sebi directive

Rediff.com   2 Nov 2012

Since 11 months, Sebi has not been able to make these companies deposit the required money in an escrow account.

Apollo talks to Walmart, Walgreen for pharmacy business

Apollo talks to Walmart, Walgreen for pharmacy business

Rediff.com   29 Oct 2012

The group wants to expand its drug store chain.

Safety net would have hit 25% IPOs since '08

Safety net would have hit 25% IPOs since '08

Rediff.com   24 Oct 2012

At least 43 of the 175 issuers would have been hit if proposed mechanism had been in place before the R-Power IPO.

Slew of share sales could hit the market

Slew of share sales could hit the market

Rediff.com   22 Oct 2012

Given the sharp rally in stock prices since September, coupled with robust foreign inflows, share-sale activity by companies is likely to gather pace in the next few weeks.

Sebi may issue trade annulment framework

Sebi may issue trade annulment framework

Rediff.com   12 Oct 2012

While the regulator has set up a group to look into trade annulment framework, it is also probing whether there was any breach of regulation at the broker or exchange level.

Recession eroded $12 trillion of household wealth

Recession eroded $12 trillion of household wealth

Rediff.com   10 Oct 2012

Worst affected were the countries of euro zone, which saw a loss of $10.9 trn

Indian leather industry looks at life beyond Europe

Indian leather industry looks at life beyond Europe

Rediff.com   27 Sep 2012

The leather industry is looking for export destinations other than the crisis-hit Europe, which accounts for 60 per cent of its revenue.

Market sees sunshine as GAAR clouds disappear

Market sees sunshine as GAAR clouds disappear

Rediff.com   3 Sep 2012

The government is trying to send a signal it wants to stimulate the economy and the stock market.

'Small firms driving IT growth'

'Small firms driving IT growth'

Rediff.com   14 Aug 2012

Small and mid-sized IT companies offer the best way to take advantage of the next stage of the emerging market growth story. According to Nasscom, the apex body for the IT industry, the industry expects to grow by 11-14 per cent and this growth will be driven by small and medium companies, which are performing better than tier-I companies.

Bharti Walmart to step up sourcing from women

Bharti Walmart to step up sourcing from women

Rediff.com   24 Jul 2012

The two JV partners have undertaken an empowerment initiative for Indian women entrepreneurs, having set a target of impacting the lives of 25,000 women by 2016. They have also said they will substantially increase sourcing from women-owned businesses in India.

Sebi may tweak share sale norms

Sebi may tweak share sale norms

Rediff.com   26 Jun 2012

Regulator may relax norms to help companies achieve 25% public float.

Senior family members step down from <I>The Hindu</I>

Senior family members step down from The Hindu

Rediff.com   1 Jun 2012

According to an internal communication signed by KSL's company secretary, a copy of which is available with Business Standard, the changes will come into effect from June 1.

Most initial public offerings out of the money this year

Most initial public offerings out of the money this year

Rediff.com   10 May 2012

With shares of most companies listed this year slipping below their issue prices and two initial public offerings (IPOs) already withdrawn, the scenario has remained challenging for the primary market.

Ashok Leyland, Czech truck arm enter UK market

Ashok Leyland, Czech truck arm enter UK market

Rediff.com   12 Apr 2012

Commercial vehicle maker Ashok Leyland, part of the London-based Hinduja Group, is to enter Britain's mid-range truck market through a tie-up by its Prague-based subsidiary, Avia Ashok Leyland.

SMEs see a 43% fall in PE investments in Jan-Mar

SMEs see a 43% fall in PE investments in Jan-Mar

Rediff.com   20 Mar 2012

Private equity (PE) investments in India's SME sector dropped by 43 per cent to $134 million in 2012 (January to year till date) from $236 million in the corresponding period of 2011. The number of deals fell by 34 per cent during this period.

'2012 should be a good year for high-beta stocks'

'2012 should be a good year for high-beta stocks'

Rediff.com   31 Jan 2012

A more proactive government and some level of fiscal discipline are needed to sustain the current rally, says Suresh Mahadevan, managing director and head of equities, UBS Securities (India).

Sebi norms may stump foreign airlines

Sebi norms may stump foreign airlines

Rediff.com   19 Jan 2012

According to the new takeover guidelines, if they buy 25 per cent or more, they will have to make an open offer for another 26 per cent.