Samie Modak And Neha Alawadhi

Stories by Samie Modak And Neha Alawadhi

Analysts unanimous: Corporate earnings, Sensex set to zoom

Analysts unanimous: Corporate earnings, Sensex set to zoom

Rediff.com   23 Sep 2019

Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.

Govt all set to woo US investors for agri and SME sectors

Govt all set to woo US investors for agri and SME sectors

Rediff.com   18 Sep 2019

Swadeshi Jagran will be leading the delegation on a multi-city tour, expected to start on September 21. The week-long trip will include meetings with industry bodies and government agencies.

Shashi Tharoor to head Parliamentary Committee on IT

Shashi Tharoor to head Parliamentary Committee on IT

Rediff.com   15 Sep 2019

The panel will likely play an important role as the Personal Data Protection Bill gets tabled in Parliament.

Infy co-founder 'Kris' Gopalakrishnan heads govt data panel

Infy co-founder 'Kris' Gopalakrishnan heads govt data panel

Rediff.com   14 Sep 2019

'The idea is to have a separate and independent consultation on non-personal data, and decide the contours of how it should be regulated, whether as guidelines, rules, or a separate policy,' said a senior official at MeitY.

Anil Ambani's Reliance Capital inches closer to exiting MF biz

Anil Ambani's Reliance Capital inches closer to exiting MF biz

Rediff.com   11 Sep 2019

Close to 21.5 per cent of this will be sold to Japan's Nippon Life, which will then become the sole promoter of the fund house.

NITI Aayog's artificial intelligence proposal gets FinMin's nod

NITI Aayog's artificial intelligence proposal gets FinMin's nod

Rediff.com   10 Sep 2019

NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework.

Digital frauds continue to plague Mastercard

Digital frauds continue to plague Mastercard

Rediff.com   8 Sep 2019

Mastercard recently launched an authentication product called Identity Check Express that enables customers to verify transactions on their own.

Zomato, Swiggy agree to resolve issues raised by restaurant body

Zomato, Swiggy agree to resolve issues raised by restaurant body

Rediff.com   4 Sep 2019

Zomato and Swiggy

MFs witness sizeable churn due to corporate defaults

MFs witness sizeable churn due to corporate defaults

Rediff.com   30 Jul 2019

Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced.

Inflow of $25-billion foreign cash riding on three key FPI proposals

Inflow of $25-billion foreign cash riding on three key FPI proposals

Rediff.com   26 Jul 2019

These include increasing the public float in listed companies to 35 per cent from 25 per cent, increasing the minimum statutory limit for FPI investment in a firm from 24 per cent to the sectoral foreign investment, and lowering government holding in listed public sector undertakings.

Anand Piramal invests undisclosed sum in e-commerce firm Snapdeal

Anand Piramal invests undisclosed sum in e-commerce firm Snapdeal

Rediff.com   24 Jul 2019

Snapdeal chief executive officer Kunal Bahl said Piramal's investment was a significant endorsement for the firm and the transformation the company has undergone over the last couple of years.

Will private cryptocurrencies be finally banned?

Will private cryptocurrencies be finally banned?

Rediff.com   23 Jul 2019

A government panel said policymakers and regulators should have an open mind regarding the introduction of an official digital currency in India.

The riddle behind Oyo founder Ritesh Agarwal's $2-bn deal

The riddle behind Oyo founder Ritesh Agarwal's $2-bn deal

Rediff.com   22 Jul 2019

A deal, where a founder has brought back stake from early investors before an initial public offering, is unheard of in India or pretty much anywhere else, analysts pointed out.

TikTok parent plans international data centre in India

TikTok parent plans international data centre in India

Rediff.com   22 Jul 2019

The company has set an internal target of 6-18 months to set up the data centre. The plan is part of the $1 billion ByteDance has recently committed to the Indian market over the next three years.

Centre, 5 state govts gun for ban on TikTok, Helo

Centre, 5 state govts gun for ban on TikTok, Helo

Rediff.com   19 Jul 2019

Tamil Nadu, Telangana, Maharashtra, West Bengal and Gujarat are alarmed by the rising use of the app in smaller towns and hinterland, where it is increasingly being used for spreading hate messages and child pornography.

US firm to buy Yatra Online for Rs 2,327 crore

US firm to buy Yatra Online for Rs 2,327 crore

Rediff.com   18 Jul 2019

Ebix said the acquisition of Yatra would lend itself to significant synergies and the emergence of EbixCash as India's largest and most profitable travel services firm.

OYO forays into co-working spaces with two brands

OYO forays into co-working spaces with two brands

Rediff.com   17 Jul 2019

Each of the centres will have facilities such as Wi-Fi, air conditioning, free housekeeping services, locker facilities, and CCTV surveillance

More bad news from Deutsche Bank; its investment arm to quit India

More bad news from Deutsche Bank; its investment arm to quit India

Rediff.com   9 Jul 2019

The beleaguered Deutsche Bank announced major overhaul of its business, which included discontinuing loss-making equities trading business, creating a new 'bad bank', and cutting 18,000 jobs. Deutsche Equities India employs 35 people, all of whom could face the job axe.

How to tackle facial recognition fraud

How to tackle facial recognition fraud

Rediff.com   3 Jul 2019

IIIT-D team builds algorithm that will help identify synthetic images.

World Cup: Bookies go hi-tech

World Cup: Bookies go hi-tech

Rediff.com   27 Jun 2019

The police have almost no way of tracking the $200 billion plus money flowing online during this World Cup.