Shivani Shinde &Amp; Vinay Umarji

Stories by Shivani Shinde &Amp; Vinay Umarji

MindTree rejigs its business

MindTree rejigs its business

Rediff.com   15 Mar 2011

The Bangalore-based company has revamped itself as it aims to simplify its business structure and focus on being a specialist in certain areas.

TCS targets SMEs with cloud computing

TCS targets SMEs with cloud computing

Rediff.com   8 Mar 2011

TCS is stepping into an unchartered territory by targeting the small and medium enterprises.

Apparel retailers on strike today,to lose Rs 170cr

Apparel retailers on strike today,to lose Rs 170cr

Rediff.com   7 Mar 2011

The day's strike is a protest at the Union Budget proposal of a 10 per cent excise duty on branded garments. Garment makers had observed a day's strike on Friday, saying it cost them Rs 130 crore (Rs 1.3 billion).

M&A high on IT sector radar

M&A high on IT sector radar

Rediff.com   10 Feb 2011

According to Grant Thornton's January data, IT & ITeS tracked the highest in terms of value, with the industry investing $1.2 billion in M&A over 12 deals.

MFS adoption easier in rural areas: IIM-A

MFS adoption easier in rural areas: IIM-A

Rediff.com   8 Feb 2011

As against the existing channels of delivery of banking and financial services in the rural under-banked areas, adoption of mobile financial services (MFS) may tend to be easier, says a study by the Indian Institute of Management, Ahmedabad (IIM-A).

IT firms slug it out on engg campuses

IT firms slug it out on engg campuses

Rediff.com   24 Jan 2011

To get the best talent, they put stiff riders for recruitment.

UTV may exit Indiagames

UTV may exit Indiagames

Rediff.com   17 Jan 2011

Sources said Vishal Gondal, founder of Indiagames, along with existing investors Cisco and Adobe, are in talks with both private equity consortia and strategic investors to buy back the stake they'd once sold to the parent firm.

Now, it's TV and DTH bonanza for cricket fans

Now, it's TV and DTH bonanza for cricket fans

Rediff.com   17 Jan 2011

"Every Cricket enthusiast would like to watch the matches in the best quality format. Hence it is obvious that players are hoping for a good sales year. But this will also mean plethora of schemes for the users to chose from," said a market expert.

'Bluetooth will now get its due attention'

'Bluetooth will now get its due attention'

Rediff.com   14 Jan 2011

The cost of a Bluetooth is less than $5. Besides, Bluetooth is based on radio technology. Radio is very simple and it does not support high data runs.

L&T eyes monorail project in Gujarat

L&T eyes monorail project in Gujarat

Rediff.com   10 Jan 2011

A monorail is a rail-based transportation system based on a single rail, which acts as its sole support and its guide way.

Patni-iGate deal hit by procedural delays

Patni-iGate deal hit by procedural delays

Rediff.com   4 Jan 2011

A stake sale deal between Patni Computer Systems and iGate is on course, but has been delayed due to procedural issues.Sources involved in the deal said they include tax-related developments and offshore transaction fees.

CAT results out of the bag? Rumours abound

CAT results out of the bag? Rumours abound

Rediff.com   4 Jan 2011

The official website of CAT was flooded with visits on Monday, ever since some members of education networking sites claimed to have seen their results.

Snowfall in France: Indian salt to help!

Snowfall in France: Indian salt to help!

Rediff.com   3 Jan 2011

France wants Indian salt to help melt this season's mounting snowfall. A leading French chemical company involved in de-icing has approached Indian Salt Manufacturers' Association (Isma) for getting 250,000 tonnes.

iGate-Apax closes in on Patni deal

iGate-Apax closes in on Patni deal

Rediff.com   24 Dec 2010

However, the Carlyle-Advent consortium could revise its bid upwards, said two independent sources tracking the deal.

Patni customers in wait-and-watch mode

Patni customers in wait-and-watch mode

Rediff.com   23 Dec 2010

The current talks on stake sale by its promoters at India's seventh largest information technology services company, Patni Computer Systems, seem to be in the final stages. Whichever way the deal swings, analysts feel the company will lose some business.

IIM-A incubation firm is asking for RE funds

IIM-A incubation firm is asking for RE funds

Rediff.com   16 Dec 2010

CIIE Initiatives, a non-profit company set up by the Indian Institute of Management, Ahmedabad's incubator-cum-angel investor, the Centre for Innovation, Incubation and Entrepreneurship (CIIE), is in talks with the central government and private organisations for establishing a renewable energy (RE) fund.

IBM Daksh CEO says will quit by February

IBM Daksh CEO says will quit by February

Rediff.com   16 Dec 2010

Pavan Vaish, one of the co-founders and the chief executive officer of IBM Daksh, has announced that he will leave IBM by the end of February. IBM announced it had completed the integration of IBM Daksh and its business process outsourcing (BPO) operations would be rebranded as IBM Global Process Services.

TCS, Infy, Wipro eye $27-bn deals up for renewal

TCS, Infy, Wipro eye $27-bn deals up for renewal

Rediff.com   8 Dec 2010

Deals worth $27 billion are up for renewal. Of these, almost $1.7 billion worth of contracts are currently with Indian services providers, said data from TPI.

Mobiles: The next battleground

Mobiles: The next battleground

Rediff.com   3 Dec 2010

Google, Yahoo, Rediff vie for market share of mobile internet users.

NTT resumes talks for Patni promoter stake

NTT resumes talks for Patni promoter stake

Rediff.com   29 Nov 2010

NTT had earlier sought the combined 63 per cent stake of the promoters and private equity firm General Atlantic Partners, but their exclusive talks failed due to a valuation mismatch.