Vinay Umarji &Amp; Debasis Mohapatra

Stories by Vinay Umarji &Amp; Debasis Mohapatra

Gujarat: Rallies turn away from cities

Gujarat: Rallies turn away from cities

Rediff.com   22 Apr 2019

Modi and Shah addressed rallies away from the four major urban centres of Gujarat: Ahmedabad, Vadodara, Surat and Rajkot.

How Amazon plans to take on rivals in grocery space

How Amazon plans to take on rivals in grocery space

Rediff.com   1 Apr 2019

At present, other large players in the grocery and food retail space include Flipkart Supermart, Bigbasket, and Grofers.

Infosys to buy 75% stake in ABN AMRO Bank subsidiary

Infosys to buy 75% stake in ABN AMRO Bank subsidiary

Rediff.com   29 Mar 2019

The all-cash transaction is likely to be complete in the first quarter of 2020, subject to regulatory clearance.

How Mindtree plans to thwart L&T's takeover bid

How Mindtree plans to thwart L&T's takeover bid

Rediff.com   22 Mar 2019

Mindtree plans to recommend to its investors not to subscribe to the open offer, citing low offer price, among key reasons. The founders were exploring several other options, including coming out with a counter open offer, with the backing of a financial investor.

IT services firms eye larger share of global engineering deals

IT services firms eye larger share of global engineering deals

Rediff.com   21 Mar 2019

According to Nasscom, engineering services exports had grown at 13 per cent in 2017 compared to six per cent rise in IT services exports and eight per cent in business process management (BPM). It had also recorded the highest growth in the last three years, reports Debasis Mohapatra.

How Wipro plans to beat Street estimates in profit terms

How Wipro plans to beat Street estimates in profit terms

Rediff.com   8 Mar 2019

It had reorganised its India business by carving out public sector undertaking and government businesses. Besides the company had also split its India and West Asia businesses.

Employees in India likely to get average salary hike 9.7% in 2019

Employees in India likely to get average salary hike 9.7% in 2019

Rediff.com   6 Mar 2019

Only five sectors such as consumer internet companies, professional services, life sciences, automotive and consumer products are projecting double-digit increment.

Why H2 will bring little cheer to India's IT firms

Why H2 will bring little cheer to India's IT firms

Rediff.com   5 Mar 2019

Tepid growth in verticals like banking and finance, healthcare, retail and automotive will drag overall IT spends in the current year, reports Debasis Mohapatra.

Kiran Mazumdar-Shaw fined by Infy for 'insider trading'

Kiran Mazumdar-Shaw fined by Infy for 'insider trading'

Rediff.com   1 Mar 2019

The penalty collected from Mazumdar-Shaw will be donated to a charitable organisation of her choice.

IT majors' product plans put them at risk of cannibalisation

IT majors' product plans put them at risk of cannibalisation

Rediff.com   19 Feb 2019

Their plan to build a product portfolio will discourage global software vendors such as Oracle, Microsoft and Fidelity, among others, from building a strategic relationship with these big Indian IT firms, reports Debasis Mohapatra.

'Dream job' applications dip at IIM-Ahmedabad

'Dream job' applications dip at IIM-Ahmedabad

Rediff.com   18 Feb 2019

A dip in 'dream job' applications could also mean that students are bagging their desired offers in the first go itself.

Cognizant to pay $28m in US to settle India bribery case

Cognizant to pay $28m in US to settle India bribery case

Rediff.com   16 Feb 2019

The company, which had made voluntary disclosures about the bribery incident to the US authorities, also said with this resolution, there was no pending investigations against Cognizant.

For CCD's VG Siddhartha, brewing fortunes is second nature

For CCD's VG Siddhartha, brewing fortunes is second nature

Rediff.com   10 Feb 2019

Siddhartha's knack for value investment dates back to 1995 when he infused capital in Kshema Technologies, which was acquired by MphasiS. He also took an early exposure in Mindtree way back in 1999. Since 1995, he had invested in more than 15 technology companies including chip-designing firm Ittiam Software, and GlobalEdge Technologies, among others, says Debasis Mohapatra.

Infy on track to hire 10,000 local employees in US

Infy on track to hire 10,000 local employees in US

Rediff.com   8 Feb 2019

Rising protectionist policies followed under Trump administration has prompted all IT services players to hire more locals in onsite geographies, especially in US.

Why Indian students DON'T want to go to Trump's US

Why Indian students DON'T want to go to Trump's US

Rediff.com   30 Jan 2019

The hostile environment towards outsiders under the Trump government is a major reason, say experts.

'Headcount addition not an indicator of growth'

'Headcount addition not an indicator of growth'

Rediff.com   29 Jan 2019

'The increasing mix of fixed price contracts is helping us improve productivity by bringing in more automation.'

How Infosys plans to meet future demands, check attrition

How Infosys plans to meet future demands, check attrition

Rediff.com   21 Jan 2019

The company is looking at building the 'bench' of employees in reserve, to be prepared for emerging demands, beside keeping staff attrition in control. Maintaining decent bench strength would help in implementing new projects.

Centre now plans to roll out India-centric size in apparels

Centre now plans to roll out India-centric size in apparels

Rediff.com   21 Jan 2019

In the apparel export segment, one of the biggest challenges is that UK has a size, US has a size, Europe has a size and a measure; but India does not. So a size India project will be rolled out in the entire country, the first of its kind in Indian history.

Living on rent got more costlier

Living on rent got more costlier

Rediff.com   18 Jan 2019

People living in Mumbai paid an average of 18% more for renting their homes last year. Rents rose on average by 15% in Chennai and 14% in Bengaluru last year.

Why Amul is angry with Google India

Why Amul is angry with Google India

Rediff.com   17 Jan 2019

The dairy company has alleged that Google India and also goDaddy.com were misusing their platforms for earning revenues through advertisements on fake B2B campaigns that duped innocent individuals seeking Amul franchise across India.