Shivani Shinde &Amp; Shilpy Sinha

Stories by Shivani Shinde &Amp; Shilpy Sinha

IT firms plan new strategies for 2010

IT firms plan new strategies for 2010

Rediff.com   11 Feb 2010

India's second largest IT company, Infosys Technologies, for instance, has narrowed on the new areas to drive its growth.

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.

'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.

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.

US bank curbs may hit fund-raising by PEs

US bank curbs may hit fund-raising by PEs

Rediff.com   25 Jan 2010

But, will help Indian funds get more deals

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.

Insurance fee may be cut in phases

Insurance fee may be cut in phases

Rediff.com   21 Jan 2010

The high level coordination committee on financial markets, which consists of financial sector regulators, is likely to opt for a phased reduction in the commission paid to insurance agents.

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.

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.

Insurance firms may have to wait longer to list

Insurance firms may have to wait longer to list

Rediff.com   13 Jan 2010

The existing rules under the insurance laws prescribe a 10-year minimum period before insurance companies can list their shares.

Minimum investment, tenure for Ulips to rise

Minimum investment, tenure for Ulips to rise

Rediff.com   23 Dec 2009

In order to push more long-term products, insurers are trying to push long-term unit-liked plans by giving incentives to agents who sell Ulips with higher tenure.

Soon, IIMs may scrap Day Zero for placement

Soon, IIMs may scrap Day Zero for placement

Rediff.com   23 Dec 2009

Day Zero was created when demand for IIM graduates had peaked and the institutes had to resort to creative mathematics to accommodate big recruiters without offending the existing ones. Falling job market has forced the B-schools to review the strategy, including placement fee revision.

Insurers push accident cover sale to schools

Insurers push accident cover sale to schools

Rediff.com   17 Dec 2009

Tata AIG General Insurance, which is the market leader in personal accident covers, eyes 200 per cent growth in income from this segment. It has tied up with a number of education consultants for its Prudent Guard policy for students. Insurers sell two types of personal accident cover to schools -- one for students and another for parents. Some insurers also sell hybrid product covering both.

Satyam: Out of the woods, but miles to go

Satyam: Out of the woods, but miles to go

Rediff.com   16 Dec 2009

Mahindra Satyam still has to face 13 Class Action Law suits filed in the US. Analysts peg the cash outflow for these cases to be around $100 million. Satyam also has to get large marquee outsourcing deals, and is yet to restate its accounts which will give investors a good picture of where the company stands.

Post-slowdown, offshoring gets new urgency

Post-slowdown, offshoring gets new urgency

Rediff.com   16 Dec 2009

For start-ups, the model can save 30-40 per cent of the total costs.

India to be Capgemini's largest centre

India to be Capgemini's largest centre

Rediff.com   16 Dec 2009

Capgemini, the information technology services and consulting major, plans to add 6,000 people in India over the next 12 months, which will make this the company's largest global centre, with over 26,000 employees. The company has a little over 20,000 employees at its headquarters in Paris.

Google adds real-time updates to tackle Bing

Google adds real-time updates to tackle Bing

Rediff.com   11 Dec 2009

Bing clocks 18 million visits every month, while Google India has unique monthly visits of 753 million.. Analysts say while Bing is in its infancy, it can grow up rapidly once it powers Yahoo! searches across the world.

AOL India sharpens focus on digital ads

AOL India sharpens focus on digital ads

Rediff.com   10 Dec 2009

The company plans to strengthen the offerings of its digital platform, Adtech, which it launched a few months back.

Good news! Health insurance to cover OPD charges

Good news! Health insurance to cover OPD charges

Rediff.com   10 Dec 2009

Apollo DKV's Maxima and ICICI Lombard's Health Advantage Plus come at a fixed annual premium of Rs 13,000 and Rs 15,000, respectively. Unlike other medical insurance policies -- which require a minimum 24-hour hospitalisation -- the sum assured is linked to the age of the policyholder.