Shivani Shinde And Dev Chatterjee

Stories by Shivani Shinde And Dev Chatterjee

Indians Work More Than Chinese!

Indians Work More Than Chinese!

Rediff.com   14 Feb 2025

The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.

Love is in the Air. And So Are Scams

Love is in the Air. And So Are Scams

Rediff.com   14 Feb 2025

While millions turn to dating apps, social media, and messaging platforms to find love, new McAfee India research reveals an alarming rise in AI-driven scams, fraudulent dating apps, and deepfake.

'Strong retail growth is expected'

'Strong retail growth is expected'

Rediff.com   10 Feb 2025

'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'

'How Am I Supposed To Get A Job?'

'How Am I Supposed To Get A Job?'

Rediff.com   8 Feb 2025

'Our phones are taken away as we enter the room.' 'They are just asking us to sign without any discussion. If you ask for a discussion, they say, 'Sign first'.'

Startups To Altman: Make OpenAI Affordable

Startups To Altman: Make OpenAI Affordable

Rediff.com   6 Feb 2025

'There is need for India-specific pricing.' 'Google, Microsoft and others also have different pricing.' 'It is important for OpenAI to think on these lines as the global pricing may not work in the Indian context.'

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com   4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

'AI is playing critical role in LTIMindtree success'

'AI is playing critical role in LTIMindtree success'

Rediff.com   2 Feb 2025

'Our AI strategy -- AI in Everything, Everything for AI, and AI for Everyone -- is now in action.'

'Goal is to become an AI-powered organisation'

'Goal is to become an AI-powered organisation'

Rediff.com   31 Jan 2025

'Our vision is to become a GenAI managed services provider.'

'Social engineering and deepfakes are only going to increase'

'Social engineering and deepfakes are only going to increase'

Rediff.com   30 Jan 2025

'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Rediff.com   27 Jan 2025

The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.

Trump's Latest Comment Gives IT Cos Hope

Trump's Latest Comment Gives IT Cos Hope

Rediff.com   23 Jan 2025

'Skilled labour is different from immigration.' 'While any adverse immigration ruling will impact Indians, it may not necessarily affect the IT services industry.'

'Hiring In IT Services, GCCs 30% Higher'

'Hiring In IT Services, GCCs 30% Higher'

Rediff.com   23 Jan 2025

'A major IT services firm that previously had a demand of 1,000 to 2,000 employees now requires 7,000 to 8,000 -- a sizeable jump from the previous quarter.'

Accenture, TCS, Infosys, HCLTech top 2025 Brand Finance IT Services ranking

Accenture, TCS, Infosys, HCLTech top 2025 Brand Finance IT Services ranking

Rediff.com   22 Jan 2025

India has secured the second position, contributing 36 per cent of the total brand value, a significant achievement fuelled by a 14 per cent increase in brand value, according to Brand Finance 2025 ranking. India follows the US, which maintains its dominant position in IT services brand value, holding 40 per cent of the total brand value.

Rupee Slide: Tough Times For Overseas Corporate Debt

Rupee Slide: Tough Times For Overseas Corporate Debt

Rediff.com   16 Jan 2025

Raising overseas debt has become prohibitively expensive due to the depreciating rupee.

Infosys countersues Cognizant, its CEO in battle over misuse of information

Infosys countersues Cognizant, its CEO in battle over misuse of information

Rediff.com   11 Jan 2025

Information Technology (IT) major Infosys escalated the legal tussle with Cognizant by filing a countersuit in a US court, accusing the Nasdaq-listed firm and its Chief Executive Officer (CEO) Ravi Kumar of anticompetitive practices by maintaining its monopoly. Infosys has also alleged that Kumar misused sensitive information that slowed the launch of the company's health care platform Helix.

Temasek's Haldiram Deal May Be HUGE!

Temasek's Haldiram Deal May Be HUGE!

Rediff.com   8 Jan 2025

Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com   1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

How Indian IT sector will fare in FY25

How Indian IT sector will fare in FY25

Rediff.com   17 Dec 2024

The Indian IT services industry is expected to clock revenue growth in the mid-single digit for the financial year 2024-2025 (FY25), according to a report by Icra for the year.

M&A deals rise 13.5% in '24 so far

M&A deals rise 13.5% in '24 so far

Rediff.com   16 Dec 2024

the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.

Jihadists Are A Major Threat To Israel'

Jihadists Are A Major Threat To Israel'

Rediff.com   16 Dec 2024

'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'