Shivani Shinde &Amp; P B Jayakumar In Mumbai

Stories by Shivani Shinde &Amp; P B Jayakumar In Mumbai

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.

No place like home, finds indian pharma

No place like home, finds indian pharma

Rediff.com   8 Feb 2010

An analysis of the growth rate of 15 leading drug companies for the third quarter of 2008-09 show excellent performances in domestic turf have been often marred by the poor show of their acquired assets.

'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.

Docs eye co-ownership of healthcare facilities

Docs eye co-ownership of healthcare facilities

Rediff.com   1 Feb 2010

In this emerging trend, doctors are joining hands with venture capitalists, drug firms and medical equipment vendors to set up advanced medical care facilities at low costs.

Reliance, L&T-led consortia eye B'lore Metro deal

Reliance, L&T-led consortia eye B'lore Metro deal

Rediff.com   1 Feb 2010

This metro line would be a 33.65-km rail link between Bangalore City Centre and Bangalore International Airport.

Siemens makes India R&D hub

Siemens makes India R&D hub

Rediff.com   1 Feb 2010

It has 150 research and development locations in over 30 countries around the world, employing over 32,300 people.

MNCs' high-end research has a new address: India

MNCs' high-end research has a new address: India

Rediff.com   1 Feb 2010

the early 1980s, multinationals set up R&D units in India to make use of the low costs and huge talent pool.

Docs, VCs come together for low-cost healthcare

Docs, VCs come together for low-cost healthcare

Rediff.com   28 Jan 2010

In this emerging trend, doctors are joining hands with venture capitalists, drug firms and medical equipment vendors to set up advanced medical care facilities at low costs.

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.

US to curb delay in entry of generic drugs

US to curb delay in entry of generic drugs

Rediff.com   20 Jan 2010

Indian pharmaceutical companies, which are increasingly choosing to settle patent litigation with global drug majors in the US, would have to be more cautious now.

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.

R-Infra to get Mumbai Metro-II on Jan 21

R-Infra to get Mumbai Metro-II on Jan 21

Rediff.com   20 Jan 2010

Anil Dhirubhai Ambani Group company Reliance Infrastructure (R-Infra) will soon be the official owner of the second phase of the Mumbai Metro project. The state government and the company will sign a concession agreement for the Rs 11,000-crore (Rs 110 billion) project on Thursday, according to sources.

Wockhardt-Abbot deal gets high court go-ahead

Wockhardt-Abbot deal gets high court go-ahead

Rediff.com   18 Jan 2010

The court's stand is expected to help Wockhardt conclude the deal within a month's time.

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.

Indian generics dominate global ranking

Indian generics dominate global ranking

Rediff.com   12 Jan 2010

The BCG analysis shows Lupin gave an annualised average TSR of 29.9 per cent, ahead of the 18.4 per cent of Israel-based Teva Pharmaceutical, the world's largest generics maker. Teva is next on the list. Another Indian generic maker, Glenmark, occupies third position, with an 18 per cent TSR to its investors.

Water treatment, access becomes fast-growing biz

Water treatment, access becomes fast-growing biz

Rediff.com   11 Jan 2010

Orders are flowing for the water and wastewater treatment industry, as leading players in the domestic market such as VA Tech Wabag, Larsen and Toubro, Thermax and IVRCL Infra have bagged over Rs 2,500 crore (Rs 25 billion) worth of orders in the past two-to-three months.

Novartis gets patent for cancer drug

Novartis gets patent for cancer drug

Rediff.com   11 Jan 2010

Novartis markets Nilotinib globally as Tasigna, which is used as the second-line therapy for Gleevec-resistant patients in the case of chronic myelogenous leukemia.