Samie Modak And Neha Alawadhi

Stories by Samie Modak And Neha Alawadhi

IRCTC is the most-valued PSU in D-Street

IRCTC is the most-valued PSU in D-Street

Rediff.com   6 Feb 2020

In the past 10 trading sessions, shares of the state-owned company have shot up more than 50 per cent.

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.

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.

Nomura downgrades Indian equities from 'overweight' to 'neutral'

Nomura downgrades Indian equities from 'overweight' to 'neutral'

Rediff.com   14 Jan 2020

On an overall basis, Nomura believes the economic conditions are suited for equity markets. The brokerage is predicting the market performance will be better in the first half of 2020 and "somewhat weaker" in the second half.

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.

Nutanix bets big on govt clients, defence projects after Nasdaq debut

Nutanix bets big on govt clients, defence projects after Nasdaq debut

Rediff.com   31 Dec 2019

In India, the company serves customers such as stock exchanges, brokers, non-banking financial companies, financial services and insurance, IT and IT-enabled services.

Data Bill: Why Nasscom, mobile body are worried

Data Bill: Why Nasscom, mobile body are worried

Rediff.com   28 Dec 2019

The Bill says that the central government, in consultation with the Data Protection Authority, can direct any data fiduciary or data processor to provide non-personal data to enable better targeting of delivery of services. The government can also ask data processors to provide data for formulation of evidence-based policies for its own use.

New Data Bill may hit tech businesses hard

New Data Bill may hit tech businesses hard

Rediff.com   19 Dec 2019

'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'

Why markets remain unfazed despite GDP shocker

Why markets remain unfazed despite GDP shocker

Rediff.com   19 Dec 2019

Hopes of revival and earnings growth in 2020, surprise tax cuts, and robust foreign flows - thanks to easy global monetary policies - are a few reasons why the markets have managed to digest the low GDP footprint. Select bluechips such as Reliance Industries, Bajaj Finance, Asian Paints, and ICICI Bank have gained sharply this year. On the other hand, YES Bank, Zee Entertainment, and Indiabulls Housing have seen a sharp fall.

New data law: Alexa, Google Home may stop speaking

New data law: Alexa, Google Home may stop speaking

Rediff.com   18 Dec 2019

In the worst-case scenario, it will be next to impossible for tech companies like Amazon and Google to run any service that requires user biometrics.

Social media firms deploy 15K people to check content

Social media firms deploy 15K people to check content

Rediff.com   17 Dec 2019

In platforms, such as Twitter, Facebook, TikTok, Helo, and ShareChat, mediators have been asked to put in more hours to ensure that no communal or fake news spread.

Post Karvy, legal shadow cast over collateral business

Post Karvy, legal shadow cast over collateral business

Rediff.com   16 Dec 2019

In the aftermath of the Karvy incident, lending against third-party collateral facility raises questions over regulations concerning banks and brokers which are at loggerheads. While Sebi and NSDL have ordered the transfer of securities, which were kept as collateral, lenders followed the old business model of sanctioning loan against shares and allegedly overlooked certain parameters. Legal experts feel that this could lead to a collapse of the loan-against-shares market as it raises questions over the sanctity of the pledged securities.

Tharoor's House panel on I-T meets cyber experts

Tharoor's House panel on I-T meets cyber experts

Rediff.com   14 Dec 2019

People familiar with the proceedings said independent cybersecurity experts from a private consulting firm, technology lawyers, government officials and WhatsApp representatives were asked questions about the Pegasus spyware and the larger issues surrounding surveillance, hacking and remedial measures.

Data Bill: Industry experts fear massive implementation hurdles

Data Bill: Industry experts fear massive implementation hurdles

Rediff.com   12 Dec 2019

If the Personal Data Protection Bill gets passed in its present form, a new class of companies and entities could emerge. The sole job of these new entities would be to manage the consent for data usage of a user.Banks, healthcare firms and fintech companies, among others, fear that sharing non-personal data with the government may hurt business interests. Banks also fear the threat of data misuse.

E-commerce, tech firms call for clarity on Personal Data Protection Bill

E-commerce, tech firms call for clarity on Personal Data Protection Bill

Rediff.com   5 Dec 2019

The biggest fear many of the e-commerce firms have is the possible requirement to change business models overnight, which would drastically increase costs as well as disrupt businesses.

Why investors shouldn't panic

Why investors shouldn't panic

Rediff.com   3 Dec 2019

Investment experts said the key to generating superior returns was "asset allocation" and taking money out of the table from themes that have performed well and into themes that are available at a discount.

Oyo brass Aditya Ghosh joins board, Rohit Kapoor becomes CEO

Oyo brass Aditya Ghosh joins board, Rohit Kapoor becomes CEO

Rediff.com   3 Dec 2019

Oyo has recently undergone large-scale corporate restructuring, setting up several subsidiaries and bifurcating operations globally.

Tech, service firms gear up for FASTag

Tech, service firms gear up for FASTag

Rediff.com   2 Dec 2019

Fintech giant Paytm claimed it is selling more FASTags than all the banks put together on a daily basis.