News for 'Business Intelligence'

Army exposes ISI's plot to involve women, juveniles in terror network

Army exposes ISI's plot to involve women, juveniles in terror network

Rediff.com11 Jun 2023

As part of the deradicalisation strategy, the army, with the cooperation of the Union Territory administration, has undertaken a series of initiatives.

Is India's NavIC Better Than GPS?

Is India's NavIC Better Than GPS?

Rediff.com28 Oct 2023

NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.

Break in rains a threat to kharif yield, rabi sowing

Break in rains a threat to kharif yield, rabi sowing

Rediff.com3 Sep 2023

A prolonged break in monsoon rains in most parts of the country is threatening to hit the yield of kharif crops. It could even delay the upcoming rabi sowing. Major agricultural states, such as Maharashtra, Madhya Pradesh, Andhra Pradesh, Punjab, and Gujarat, have witnessed a deficit of 30-80 per cent in southwest monsoon rainfall in August compared to the long-period average for the month. Meteorologists see no big revival in monsoon rains from hereon, though they forecast "some activity" over the Bay of Bengal on September 5-6.

Manufacturing activity eases for 2nd straight month in July

Manufacturing activity eases for 2nd straight month in July

Rediff.com1 Aug 2023

Manufacturing sector activities in India moderated for the second straight month in July as rates of expansion in output and new orders eased slightly, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) eased to 57.7 in July from 57.8 in June. Despite the fall, the Indian manufacturing sector maintained strong growth momentum at the start of the third quarter amid ongoing buoyant demand, the survey said.

India's manufacturing sector activity eases in June

India's manufacturing sector activity eases in June

Rediff.com3 Jul 2023

Manufacturing sector activities in India moderated in June from a 31-month high in May, but output remained in the growth territory, as new work orders expanded sharply amid favourable demand conditions, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell from 58.7 in May to 57.8 in June. Despite the fall, the headline figure pointed to a considerable improvement in operating conditions, the survey said, adding that the demand strength positively impacted several other measures such as sales, production, stock building and employment.

Wistron Deal: Tata Gets Global Reach, Apple Gets to Hedge Geopolitical Bets

Wistron Deal: Tata Gets Global Reach, Apple Gets to Hedge Geopolitical Bets

Rediff.com14 Nov 2023

The government's target of hitting $52 billion to $58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help.

Oppn leaders claim Apple alerted them to State-sponsored attack on iPhones

Oppn leaders claim Apple alerted them to State-sponsored attack on iPhones

Rediff.com31 Oct 2023

At least four Opposition leaders on Tuesday claimed to have received messages from Apple warning them of "State-sponsored attackers trying to remotely compromise" their iPhones and posted the purported screenshots on their X handles.

Are you emotionally intelligent?

Are you emotionally intelligent?

Rediff.com9 Nov 2012

Make no mistake, EQ is central to success in leadership and not just a touchy-feely trend.

Are India's Toppers Ready For Life?

Are India's Toppers Ready For Life?

Rediff.com31 May 2023

I feel it is utterly silly to disproportionately celebrate academic achievements in school and college when there is so much life and transformation by life yet to happen, states Shyam G Menon.

Khalistani terrorist Paramjit Panjwar shot dead in Lahore

Khalistani terrorist Paramjit Panjwar shot dead in Lahore

Rediff.com6 May 2023

Panjwar, 63 was involved in drug and weapons smuggling and was designated as a terrorist under the Unlawful Activities (Prevention) Act in July 2020.

Infy in $1.6 bn deal with telco Liberty Global

Infy in $1.6 bn deal with telco Liberty Global

Rediff.com16 Aug 2023

Information technology major Infosys and Liberty Global, a London-based telecom firm, signed a 1.5 billion (about $1.64 billion) deal for five years to evolve and scale up the telco's digital entertainment and connectivity platforms, the companies said in a joint statement on Tuesday. As part of the expanded collaboration agreement, the size of the contract will touch 2.3 billion (about $2.5 billion) if extended to 8 years. The collaboration allows Liberty Global to realise run-rate savings of over 100 million (about $109 million) per annum, inclusive of other savings and technology investments, Infosys said in a statement.

Deutsche India expands tech operations, to hire thousands

Deutsche India expands tech operations, to hire thousands

Rediff.com11 Jul 2023

Deutsche India, which houses the largest technology centre of German investment bank Deutsche Bank, is expanding its operations in India and hiring thousands. "Since January 2023, we have hired more than 2,500 people for Deutsche India and expect a positive trend to continue for the rest of 2023," Dilipkumar Khandelwal, chief executive officer of Deutsche India and Global Head of Technology Centers told 'Business Standard'. "We will continue to hire in the similar range even for the next year." Deutsche India has about 16,000 employees in the country and most of them are engineers.

Manufacturing sector growth stays stable in Feb

Manufacturing sector growth stays stable in Feb

Rediff.com1 Mar 2023

The growth momentum in India's manufacturing sector was maintained in February, with new orders and output increasing at similar rates to January, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) was at 55.3 in February, little-changed from 55.4 in January. The February PMI data pointed to an improvement in overall operating conditions for the 20th straight month. In PMI parlance, a print above 50 means expansion while a score below 50 indicates contraction.

Technology stocks are back on fund managers' radar

Technology stocks are back on fund managers' radar

Rediff.com18 Sep 2023

Mutual funds (MFs) have lined up information technology (IT) funds, indicating that technology stocks are back on fund managers' radar after a hiatus. Over the past 18 months, stock prices for companies in the software space have either corrected or remained subdued. Fund houses have launched five IT-based sectoral funds in the past three months, with three of them taking the passive route.

11 tech careers that can CHANGE your future

11 tech careers that can CHANGE your future

Rediff.com25 Sep 2020

It is imperative that young aspirants consider career options that will guarantee job security -- roles that are centred around technology.

TCS says IT cos not yet out of woods; Q2 net profit up 9%

TCS says IT cos not yet out of woods; Q2 net profit up 9%

Rediff.com11 Oct 2023

The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.

'My children call her Gullu Aunty'

'My children call her Gullu Aunty'

Rediff.com1 Nov 2023

'Whenever she joined any of our family functions, she was so good, so simple.'

Pakistan supports Dawood Ibrahim's businesses: IB

Pakistan supports Dawood Ibrahim's businesses: IB

Rediff.com6 Oct 2011

Along with several illegitimate businesses that Dawood Ibrahim operates, he also runs some legitimate ones that the Pakistan government is well aware of. This can happen only with the complete support of the establishment say Intelligence Bureau officials. Vicky Nanjappa reports.

Debit card usage slow for three years and UPI transactions up 428%

Debit card usage slow for three years and UPI transactions up 428%

Rediff.com11 Sep 2023

Debit card payments remained sluggish due to the surge in digital transactions after the pandemic, and the Unified Payments Interface (UPI) has emerged as the most popular mode of money transfer, particularly for small value transactions, according to RBI data. In July 2020, the total debit card spends stood at Rs 2.81 trillion, as compared to Rs 3.15 trillion in July 2023, reflecting a growth of 11.96 per cent. UPI spends have seen a whopping growth of 428 per cent, zooming from Rs 2.90 trillion to Rs 15.33 trillion during the same period, the data revealed.

India-Australia relations enter T-20 mode, says Modi on strengthening ties

India-Australia relations enter T-20 mode, says Modi on strengthening ties

Rediff.com24 May 2023

Modi and Albanese also reiterated their shared ambition for an early conclusion of the ambitious Comprehensive Economic Cooperation Agreement (CECA) that is expected to significantly expand bilateral trade ties.

2023 At The Movies: A Double Take

2023 At The Movies: A Double Take

Rediff.com27 Dec 2023

It was a year of so many contradictions and contrasts that it became dangerous to talk about movies, people lost their heads discussing Friday releases, psychiatrists began dabbling in film criticism, and film critics turned into psychiatrists, says Sreehari Nair.

Brain Drain 2.0 Is Taking Place In India

Brain Drain 2.0 Is Taking Place In India

Rediff.com28 Sep 2023

The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.

Personal Data Protection

Personal Data Protection

Rediff.com28 Aug 2023

Ajit Balakrishnan offers a thinking person's guide.

Regulatory woes torpedo PE/VC deals in e-pharma sector

Regulatory woes torpedo PE/VC deals in e-pharma sector

Rediff.com27 Jun 2023

With regulatory uncertainties clouding the future of online pharmacies, deals in the space are showing signs of slowdown, as also fresh investment from private-equity (PE) firms and venture capitalists (VCs). The data from Venture Intelligence shows so far in 2023 (as of June 13) there has been one deal with PE-VC funding. In 2022 there were four, a sharp fall from the 12, totalling $1,520 million, the sector had attracted in 2021.

'I reigned as a khalnayak'

'I reigned as a khalnayak'

Rediff.com18 Oct 2023

''Even today, after 63 years, I'm still looking forward to a new release.'

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Rediff.com31 Jul 2023

Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.

What the Intelligence Bureau told Rajnath about Dawood

What the Intelligence Bureau told Rajnath about Dawood

Rediff.com16 Jun 2014

Terrorism, Kashmir and funding of non-profit organsinations dominate Home Minister Rajnath Singh's first IB briefing. Vicky Nanjappa reports

'Visit exceeded the lofty expectations'

'Visit exceeded the lofty expectations'

Rediff.com26 Jun 2023

'Every type of deal that US government officials were privately indicating 'hope' to have included a few months back made it in.'

2022: 10 Important Career Skills to Succeed

2022: 10 Important Career Skills to Succeed

Rediff.com4 Jan 2022

Leadership, teamwork, communication, productivity, and wellness skills are essential for every employee's success.

'Not counting caste is as political an act as counting it'

'Not counting caste is as political an act as counting it'

Rediff.com31 Oct 2023

'The upper caste elite's belief that they are casteless is a belief that is available only to the upper castes. Because all the lower castes are reminded by society every day what their caste is.'

Quotas: Band-Aids Not The Solution

Quotas: Band-Aids Not The Solution

Rediff.com13 Nov 2023

Our caste warriors will not even ask these questions, let alone explore better solutions to address the problems of inequality and skewed life outcomes, argues R Jagannathan.

'We've built over 60 sets for Heera Mandi'

'We've built over 60 sets for Heera Mandi'

Rediff.com21 Aug 2023

'At a time when there's a lot of conversation happening around how AI has made art directors and production designers jobless, we will simply say that if your work speaks for you, you will never be out of work.'

AI not a threat but an opportunity to boost quality of legal practice: SC judge

AI not a threat but an opportunity to boost quality of legal practice: SC judge

Rediff.com12 Feb 2023

Justice Kohli said the advent of artificial intelligence has caused some concerns amongst the legal fraternity.

Manufacturing sector hits 13-month high in Dec

Manufacturing sector hits 13-month high in Dec

Rediff.com2 Jan 2023

India's manufacturing sector activity rose to a 13-month high in December, supported by healthy inflows of new business and strong demand conditions, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) stood at 57.8 in December, up from 55.7 in November, as business conditions improved to the greatest extent in over two years. The December PMI data pointed to an improvement in overall operating conditions for the 18th straight month.

GST evasion of Rs 55,575 cr detected in last 2 years

GST evasion of Rs 55,575 cr detected in last 2 years

Rediff.com10 Nov 2022

GST authorities have detected GST fraud of Rs 55,575 crore over the last two years and arrested over 700 persons for causing loss to the exchequer, an official said on Thursday. Over 22,300 fake GST identification numbers (GSTIN) were detected by the officers of the Directorate General of GST Intelligence (DGGI). The government on November 9, 2020, launched a nationwide special drive against unscrupulous entities for availing and passing on Input Tax Credit (ITC) fraudulently by issuing fake/bogus invoices, thereby evading Goods and Services Tax (GST).

MP man who had lived in HK, China detained after NIA tipoff

MP man who had lived in HK, China detained after NIA tipoff

Rediff.com28 Feb 2023

Madhya Pradesh Home Minister Narottam Mishra said the Indore Police apprehended the man, named Sarfaraz, following an input from the National Investigation Agency (NIA) and he was being questioned.

As legacy business slows, Mindtree eyes IPs in new-age tech

As legacy business slows, Mindtree eyes IPs in new-age tech

Rediff.com9 Dec 2018

The move comes at a time when the traditional software maintenance and support works, once the bread and butter for export-driven IT services business, are slowly drying up.

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Rediff.com31 Aug 2023

Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.

How India Can Rival China As Production Platform

How India Can Rival China As Production Platform

Rediff.com28 Jul 2023

We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.

Meta to jointly invest with Airtel in telecom infrastructure

Meta to jointly invest with Airtel in telecom infrastructure

Rediff.com5 Dec 2022

Social media giant Meta Platforms and Bharti Airtel on Monday announced a collaboration to jointly invest in telecom infrastructure to cater to the rising demand of high speed data and digital services in India. The announcement comes on the back of telecom operators' demand to share revenue with service providers to build networks. "Airtel and Meta will jointly invest in global connectivity infrastructure and CPaaS (communications platform as a service) based new-age digital solutions to support the emerging requirements of customers and enterprises in India," the statement said.