Shivani Shinde And Dev Chatterjee

Stories by Shivani Shinde And Dev Chatterjee

Trusts can select, remove Tata Sons chairmen

Trusts can select, remove Tata Sons chairmen

Rediff.com   11 Apr 2013

These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.

To guide or not to guide: Infy dilemma

To guide or not to guide: Infy dilemma

Rediff.com   21 Mar 2013

Analysts wonder if the firm will discontinue giving annual guidance.

Birla, Vedanta in race for Canada-based miner

Birla, Vedanta in race for Canada-based miner

Rediff.com   16 Mar 2013

The mining major is selling the company to reduce its debt.

Vedanta advised to acquire London's Cairn Energy

Vedanta advised to acquire London's Cairn Energy

Rediff.com   11 Mar 2013

Cairn Energy Plc, which has 50 production blocks across the world, holds 10% in Cairn India.

Uncertain demand may change IT's hiring pattern

Uncertain demand may change IT's hiring pattern

Rediff.com   8 Mar 2013

Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.

PSUs not floating in cash any more

PSUs not floating in cash any more

Rediff.com   8 Mar 2013

Most have seen decline in cash reserves and deterioration in financial ratios in recent years.

Backed by PEs, Pandit may invest in a new bank

Backed by PEs, Pandit may invest in a new bank

Rediff.com   7 Mar 2013

Citigroup's former chief executive officer, Vikram Pandit, might be joining the race to become a co-applicant for a banking licence in India.

After Budget, CEOs clamour for interest rate cut

After Budget, CEOs clamour for interest rate cut

Rediff.com   4 Mar 2013

An interest rate cut, at a time when demand was not showing any sign of revival, would boost sentiments, especially for interest-rate sensitives like the car and real estate sectors, which had been showing negative growth, a majority of the 15 CEOs polled by Business Standard said.

TCS to pay $30 mn to settle dispute in California

TCS to pay $30 mn to settle dispute in California

Rediff.com   26 Feb 2013

The complaint was filed by non-US employees Gopi Vedachalam and Kangana Beri, who were sent from India to the US to work on projects.

LG India gets tax demand on high advertising spend

LG India gets tax demand on high advertising spend

Rediff.com   25 Feb 2013

Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.

MCA ropes in TCS to help Infosys manage portal

MCA ropes in TCS to help Infosys manage portal

Rediff.com   20 Feb 2013

TCS was in charge of development and management of the portal for seven years, until MCA decided to hand the work of its IT vendor to Infosys.

Infosys to go long on automation, short on headcount

Infosys to go long on automation, short on headcount

Rediff.com   19 Feb 2013

Application mgmt, infrastructure mgmt and BPO to be more automated than other areas.

'Vedanta will double earnings to $12-13 bn in 2-3 years'

'Vedanta will double earnings to $12-13 bn in 2-3 years'

Rediff.com   19 Feb 2013

Interview with chairman, Vedanta.

IT: Cheery forecast fails to lift mood

IT: Cheery forecast fails to lift mood

Rediff.com   14 Feb 2013

On Tuesday, Nasscom announced at its 21st Leadership Summit that it expected the sector to grow 12-14 per cent in FY14, better than the 10.9 per cent growth it would report for FY13.

Budget 2013: India Inc faces 'M&A tax'

Budget 2013: India Inc faces 'M&A tax'

Rediff.com   13 Feb 2013

Guarantees given to overseas arms under I-T scanner.

After Shell, Hindalco faces transfer pricing tax notice

After Shell, Hindalco faces transfer pricing tax notice

Rediff.com   11 Feb 2013

Claim could be over fee for guarantees given for loans to acquire Novelis.

'Time has now come to say GOODBYE to India'

'Time has now come to say GOODBYE to India'

Rediff.com   11 Feb 2013

Interview with Chairman, Cipla.

For India Inc, going private isn't easy

For India Inc, going private isn't easy

Rediff.com   7 Feb 2013

Companies in India would empathise with Dell as their delisting experience hasn't been easy, either.

Financial institutions battle royalty squeeze of HUL

Financial institutions battle royalty squeeze of HUL

Rediff.com   24 Jan 2013

Say will take up the issue with the HUL management.

Banking licences: Corporate honchos rule out conflict

Banking licences: Corporate honchos rule out conflict

Rediff.com   24 Jan 2013

Economists advise against it, citing international experiences; business leaders say RBI should allow move for inclusive growth.