News for 'Business Support Service'

'Quality Stocks Survive, Thrive In Downturns'

'Quality Stocks Survive, Thrive In Downturns'

Rediff.com12 Dec 2024

'To be able to sail through such volatilities, it is prudent to focus on quality.'

After The Oval Office Fracas, What Next For Ukraine?

After The Oval Office Fracas, What Next For Ukraine?

Rediff.com3 Mar 2025

Trump knows by now that the western narrative of Biden's war is a load of bullshit peppered with falsehoods and outright lies, and that the war erupted only out of the diabolic western plot to poke the bear, which got provoked finally and hit out, explains Ambassador M K Bhadrakumar.

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Rediff.com27 Dec 2024

Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.

India Skoda's top foreign market after sales slows in China

India Skoda's top foreign market after sales slows in China

Rediff.com30 Jan 2025

The auto major is not just looking at domestic sales, but also planning to ramp up exports to key markets from here, like the Middle East, North Africa and Australia.

Tripura hotels ban Bangladeshi citizens amid attacks on Hindus

Tripura hotels ban Bangladeshi citizens amid attacks on Hindus

Rediff.com8 Dec 2024

The decision was taken as a strong response to the growing unrest in neighbouring Bangladesh.

Focus On 26 EV Launches, Charging Infra At Auto Expo

Focus On 26 EV Launches, Charging Infra At Auto Expo

Rediff.com4 Feb 2025

With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.

'Markets Are Testing Investors' Patience'

'Markets Are Testing Investors' Patience'

Rediff.com10 Mar 2025

'This is also a time when you realise that short-term trading and dabbling in derivatives may result in financial losses.'

Trump picks China hawk, India's friend as NSA, Secy of State

Trump picks China hawk, India's friend as NSA, Secy of State

Rediff.com12 Nov 2024

By picking Rubio and Waltz as his top diplomat and NSA guarantees a continuation of bi-partisan support and further strengthening of India-US relationship under the second Trump administration.

Urban demand stress under watch, festivals may boost consumption: FinMin

Urban demand stress under watch, festivals may boost consumption: FinMin

Rediff.com29 Oct 2024

Days before Diwali, the monthly economic review by the finance ministry has highlighted moderation in urban demand, softening consumer sentiments and limited footfall as areas that need to be watched. In its review, released on Monday, the ministry also noted the early signs of artificial intelligence displacing workers, as described in anecdotal reports. The commentary from several large consumer goods companies, including Nestl India, Hindustan Unilever, and ITC, in their recent quarterly earnings, has been around a sluggish urban demand. Rural consumption, however, has mostly seen a revival, the companies pointed out.

Survey outlines how India will benefit from AI

Survey outlines how India will benefit from AI

Rediff.com31 Jan 2025

India's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted. However, achieving these benefits requires significant investments in education and workforce skilling, supported by enabling, insuring, and stewarding institutions, the state of the economy report tabled by Finance Minister Nirmala Sitharaman said.

7 Lessons To Be An Entrepreneur

7 Lessons To Be An Entrepreneur

Rediff.com10 Jan 2025

'Before you work on your business plan, before you build your team, you should have a clear idea about what your product is, who your customer is, how valuable the product is, and whether the market is deep and wide.'

Trump's reciprocal tariffs and WTO rules: An explainer

Trump's reciprocal tariffs and WTO rules: An explainer

Rediff.com15 Feb 2025

American President Donald Trump has announced imposing reciprocal tariffs on its major trading partners including China that levy higher import duties on goods shipped from the United States. He has already announced a 25 per cent duty on steel and aluminium imports, which will come into effect from March 12.

Are Trump and Musk Dismantling American Democracy?

Are Trump and Musk Dismantling American Democracy?

Rediff.com22 Feb 2025

We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.

Siemens stock drops rapidly as management flags growth challenges ahead

Siemens stock drops rapidly as management flags growth challenges ahead

Rediff.com31 Dec 2024

Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.

'I Should Have Won 1.25 Lakh Votes'

'I Should Have Won 1.25 Lakh Votes'

Rediff.com5 Dec 2024

'There is a difference between a politician and leader.' 'A politician will have his pound of flesh first and do everything else later.' 'A leader will sacrifice everything to help people.'

SBI to hire over 15,000 in FY25 to boost operations, expand network

SBI to hire over 15,000 in FY25 to boost operations, expand network

Rediff.com13 May 2024

State Bank of India (SBI) is planning to recruit over 15,000 people in 2024-25, increasing the strength of those in the field for marketing. The recruits will be also for deployment in the bank's operations subsidiary and expanding the branch network. The operations subsidiary - State Bank Operations Support Services - became functional last year.

Budget Prepares For Rise In Cancer Cases

Budget Prepares For Rise In Cancer Cases

Rediff.com3 Feb 2025

Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?

Nokia to scale up mfg in India by 1.5x to support its 5G service rollout

Nokia to scale up mfg in India by 1.5x to support its 5G service rollout

Rediff.com5 Oct 2022

Telecom gearmaker Nokia will boost its manufacturing capacity in India by 1.5x over the next few years to support the 5G services roll-out, said Tarun Chhabra, the company's country head of mobile networks business. Nokia is supplying network equipment to Bharti Airtel and Reliance Jio for their 5G networks from its plant in Chennai. Vodafone Idea is yet to finalise its contract as it awaits fresh funding.

IPO boom: Record Rs 1.6 lakh cr raised in 2024

IPO boom: Record Rs 1.6 lakh cr raised in 2024

Rediff.com22 Dec 2024

Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures

India core to our products and services: JPMorgan Chase CIO Lori Beer

India core to our products and services: JPMorgan Chase CIO Lori Beer

Rediff.com20 Nov 2023

For Lori Beer, chief information officer, JPMorgan Chase & Co, largest banker in the US, India is a big part of the organisation's global technology footprint and is core to its products and services. This is evident from the fact that in less than two months since JPMorgan & Chase chief executive officer Jamie Dimon visited India, Beer has come here to see the recently opened centres in Mumbai and Bengaluru. "What is different for me this year are our new centres and to be able to come and see the vibrancy, and connectedness is great.

Delhi services bill in RS today; Cong, AAP issue whip to MPs

Delhi services bill in RS today; Cong, AAP issue whip to MPs

Rediff.com7 Aug 2023

Indian National Developmental Inclusive Alliance (INDIA) parties will make all-out efforts to thwart the government's move to pass the bill even as the numbers are stacked in favour of the NDA with BJD and YSRCP pledging their support to the government on the bill.

Infosys to lay groundwork for LIC's digital transformation

Infosys to lay groundwork for LIC's digital transformation

Rediff.com17 Sep 2024

State-owned Life Insurance Corporation (LIC) announced on Monday that it had signed up tech giant Infosys to develop a next-generation digital platform that will act as the foundation for new high-value business applications, such as customer and sales super apps, portals, and digital branches. The financial terms of the deal remain undisclosed. The tie-up with Infosys is part of LIC's "long-drawn" strategy, said a senior executive of India's biggest insurer, who noted that the IT giant "won the bid to develop the next-generation platform through a request for proposal (RFP) process".

'My Manager Asked Me To Resign Without Notice'

'My Manager Asked Me To Resign Without Notice'

Rediff.com21 Aug 2024

You can ask for written communication from your HR manager seeking an explanation about your resignation. Please mark the copies to your senior authorities as well as top executives especially if you feel you are being harassed, suggests rediffGURU Pradeep Pramanik.

Technology Architects Are In Demand

Technology Architects Are In Demand

Rediff.com7 Aug 2024

A tech architect must have certifications across ERP platforms (SAP, Oracle, Microsoft) and Cloud platforms (MS, Google, Low code SAAS platforms such as Salesforce, and ServiceNow).

Karnataka bandh: 44 flights cancelled; train, bus services hit

Karnataka bandh: 44 flights cancelled; train, bus services hit

Rediff.com29 Sep 2023

As many as 44 flights to and from the Kempegowda International Airport in Bengaluru were cancelled owing to the Karnataka bandh over the Cauvery water sharing issue with Tamil Nadu, airport authorities said.

Will India Have A Peace Keeping Role In Ukraine?

Will India Have A Peace Keeping Role In Ukraine?

Rediff.com18 Feb 2025

A peace keeping role for India is a distinct possibility. Indian military has both the numbers and experience to carry out this job, observes Colonel Anil A Athale (Retd).

Protester killed in firing during clashes in Manipur

Protester killed in firing during clashes in Manipur

Rediff.com18 Nov 2024

A protester was killed in firing during a clash between security forces and a mob vandalising properties in Manipur's Jiribam district. The incident occurred late on Sunday night when agitators were protesting the killing of women and children abducted by militants. The deceased has been identified as K Athouba, who was in his twenties. The offices of the Congress and BJP, and a house belonging to Jiribam's Independent MLA were ransacked by a group of agitators. Meanwhile, an uneasy calm prevailed in Imphal Valley, where curfew remained enforced and internet services suspended after agitators vandalised and set ablaze properties belonging to several ministers and legislators.

Moody's says Indian economy likely to grow 7.2% in 2024

Moody's says Indian economy likely to grow 7.2% in 2024

Rediff.com15 Nov 2024

Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next. In its Global Macro Outlook 2025-26, the rating agency said the global economy has shown remarkable resilience in bouncing back from supply chain disruptions during the pandemic, an energy and food crisis after the Russia-Ukraine war began, high inflation and consequent monetary policy tightening.

MFs cast their lines for record Oct catch

MFs cast their lines for record Oct catch

Rediff.com11 Nov 2024

Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Their prior record for monthly inflows was Rs 48,139 crore in May. This unprecedented monthly buying partially countered record monthly sales by foreign portfolio investors (FPIs) of Rs 1.1 trillion last month.

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com9 Dec 2024

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

'Our AUM Will be 3x by 2030'

'Our AUM Will be 3x by 2030'

Rediff.com31 Aug 2024

'I am very happy to see that the work is starting to bear some fruit now.'

Trump picks anti-vaccine activist as health secretary

Trump picks anti-vaccine activist as health secretary

Rediff.com15 Nov 2024

President-elect Donald Trump announced a slate of key Cabinet nominations, including tapping former Democratic presidential candidate Robert F. Kennedy Jr. as his Secretary of Health and Human Services and former Congressman Doug Collins of Georgia as Secretary for Veterans Affairs. Trump also named Jay Clayton as US Attorney for the Southern District of New York, Todd Blanche as Deputy Attorney General, and Dean John Sauer as Solicitor General of the United States.

Yes, It Happened This Year

Yes, It Happened This Year

Rediff.com5 Dec 2024

Some glimpses from the year gone by.

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Rediff.com21 Aug 2024

The response was tepid in other parts of the country even as several INDIA bloc parties as well as other non-BJP outfits extended their support to the bandh.

Shri Thanedar re-elected to House of Representatives

Shri Thanedar re-elected to House of Representatives

Rediff.com6 Nov 2024

He defeated his Republican rival Martell Bivings by a margin of over 35 percentage points as he was re-elected for the second term. In a statement he credited his victory to his record of delivering strong constituent services, standing up for working families, fighting for unions, and always fighting for reproductive freedom.

Steady heartbeat of growth in diagnostics stock keeps sector pulsing

Steady heartbeat of growth in diagnostics stock keeps sector pulsing

Rediff.com20 Jan 2025

The stocks of diagnostic service providers have been standout performers within the healthcare sector over the past year, posting returns between 16 and 80 per cent. In comparison, the Nifty 50 saw returns of 8 per cent. Stable pricing, expectations of gradual volume growth, and market share expansion for the larger players have stoked increased optimism for listed companies.

Service sector activity falls to 6-month low in Sep

Service sector activity falls to 6-month low in Sep

Rediff.com6 Oct 2022

The Indian services sector activity fell to a six-month low in September, as new business inflows rose at the slowest rates since March, amid inflationary pressures and competitive conditions, a monthly survey said. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell to 54.3 in September, from 57.2 in August, highlighting the weakest rate of expansion since March. For the fourteenth straight month, the services sector witnessed an expansion in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Rediff.com3 Jul 2024

India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."

iYogi launches Digital Service Cloud

iYogi launches Digital Service Cloud

Rediff.com2 May 2013

With iYogi's 'Digital Services Cloud', telecom companies, original equipment manufacturer, technology retailers and business process outsourcing companies can address new opportunities and generate revenue, while enhancing customer experience and reducing costs.

Services sector activity expands at strongest rate in over 11 years

Services sector activity expands at strongest rate in over 11 years

Rediff.com3 Jun 2022

India's services sector activities improved further and expanded at strongest rate in over 11 years in May, supported by a substantial pick-up in new business growth, even as input cost inflation climbed to a record high, a monthly survey said on Friday. The seasonally adjusted S&P Global India Services PMI Business Activity Index jumped to 58.9 in May, up from 57.9 in April, amid better underlying demand and strong inflows of new work. For the tenth straight month, the services sector witnessed an expansion in output.