News for 'Business Support Service'

Microsoft partners Invest India to support tech startups

Microsoft partners Invest India to support tech startups

Rediff.com24 Aug 2021

Microsoft India on Tuesday said it has collaborated with Invest India to support tech startups in the country. As part of the partnership, the Microsoft for Startups programme will work closely with Accelerating Growth of New India's Innovations (AGNIi Mission) - a programme of the Office of the Principal Scientific Adviser to the Government of India, a statement said. Housed and executed by Invest India, AGNIi Mission helps startups become enterprise-ready.

'For Valuations To Sustain, Corporate Earnings Need To Deliver'

'For Valuations To Sustain, Corporate Earnings Need To Deliver'

Rediff.com24 Aug 2024

'Asset allocation should be driven much more by long-term factors rather than the market scenario at any particular point in time.'

'Industry Has To Help Us'

'Industry Has To Help Us'

Rediff.com16 Aug 2024

'There will be 200 ITIs developed as hubs, while 800 will be developed as spoke, connected with five National Skill Training Institutes.'

Okay To Live Apart When You're Married?

Okay To Live Apart When You're Married?

Rediff.com13 Sep 2024

While it's important to work towards saving your marriage, you must also be willing to accept that the outcome may not be what you hope for, says Dr Ashish Sehgal.

Services sector posts growth in November, hires go up

Services sector posts growth in November, hires go up

Rediff.com3 Dec 2020

The recovery in the Indian services sector was sustained in November as new work orders supported business activity growth and the first rise in employment in nine months, a monthly survey said on Thursday.

Extraordinary Story Of EPFO Digitisation

Extraordinary Story Of EPFO Digitisation

Rediff.com27 May 2024

A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).

Axis Bank buys Citi's India retail business for Rs 12,325 cr

Axis Bank buys Citi's India retail business for Rs 12,325 cr

Rediff.com30 Mar 2022

US bank Citigroup on Wednesday announced the sale of its Indian consumer banking businesses, including credit cards, retail banking, wealth management and consumer loans, to private lender Axis Bank for Rs 12,325 crore, as part of its plans to exit retail operations in 13 markets.

Airtel, Vi to raise mobile tariff by 10-24% from first week of July

Airtel, Vi to raise mobile tariff by 10-24% from first week of July

Rediff.com28 Jun 2024

Bharti Airtel and Vodafone Idea will roll out revised mobile service tariffs increasing rates in the range of 10-24 per cent from the first week of July. Bharti Airtel announced a 10-21 per cent hike in prepaid and postpaid mobile tariffs from July 3, a day after larger rival Reliance Jio announced an increase in rates. Later in the day, loss-making telecom operator Vodafone Idea (Vi) also announced its plan to raise mobile tariffs by 11-24 per cent from July 4.

Munambam: The Politics Of Waqf Land

Munambam: The Politics Of Waqf Land

Rediff.com27 Nov 2024

The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.

Cognizant March quarter net profit down 5.8% to $546 million

Cognizant March quarter net profit down 5.8% to $546 million

Rediff.com2 May 2024

Nasdaq-listed IT services company Cognizant has reported a 5.8 per cent year-on-year decline in consolidated net profit for the March quarter to $546 million. The company in a release said its revenue guidance for the full year 2024 is "unchanged" in the band of 2 per cent decline to a 2 per cent growth in constant currency.

Reliance's proposed business reorganisation credit neutral: Fitch

Reliance's proposed business reorganisation credit neutral: Fitch

Rediff.com23 Feb 2021

The proposed reorganisation plan by Reliance Industries Ltd to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary is a step towards facilitating participation by strategic investors in the unit, Fitch Ratings said on Tuesday. The reorganisation of the business in Reliance O2C Limited (O2C) "will have a neutral impact on RIL's credit metrics and rating," it said in a statement. The transfer will be on a "slump sale basis", subject to attaining the requisite approvals.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

'Imagine Dying Like This, And That Too In Delhi'

'Imagine Dying Like This, And That Too In Delhi'

Rediff.com29 Jul 2024

'They charge such high fees and offer us this safety. Our lives have become a mockery.'

India one of the toughest markets for Uber: CEO Dara Khosrowshahi

India one of the toughest markets for Uber: CEO Dara Khosrowshahi

Rediff.com23 Feb 2024

Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world. One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. "India is one of the toughest markets out there.

What industry leaders say on Karnataka's draft reservation bill

What industry leaders say on Karnataka's draft reservation bill

Rediff.com18 Jul 2024

Infosys will comply with whatever regulations and guidelines Karnataka comes up with, a top company official said on Thursday on the proposed reservations for locals in private firms in the state. Infosys employs over 3.15 lakh people at present across the globe. "We are planning to work with all the regulations of the state and central governments.

Understand the pain of those who lost polls: Modi in Lok Sabha

Understand the pain of those who lost polls: Modi in Lok Sabha

Rediff.com2 Jul 2024

Prime Minister Narendra Modi on Tuesday said the people of the country had given his government the chance to serve them for the third consecutive term after testing it on every criteria.

Sebi rejects NSE's proposal to extend trading hours

Sebi rejects NSE's proposal to extend trading hours

Rediff.com7 May 2024

Capital markets regulator Sebi has rejected a proposal by the National Stock Exchange (NSE) to extend the trading hours in the equity derivatives segment citing a lack of feedback from the stock brokers community. "Currently, there is no plan to extend the timings as Sebi has returned our application as the stock brokers have not given the feedback that Sebi wanted. "So, as of now, the extended time frame (plan) is shelved," NSE MD and CEO Ashishkumar Chauhan said in a post-earnings analysts call.

Techies, Want A Job At Marlabs?

Techies, Want A Job At Marlabs?

Rediff.com5 Mar 2024

'The hiring in India will be primarily around skills in data engineering, AI, and product engineering.'

Sarfira Review: Akshay Does It Again! Yawn.

Sarfira Review: Akshay Does It Again! Yawn.

Rediff.com11 Jul 2024

Throughout its 155 minutes, every scene is doused in blaring background music and melodrama. Disappointment alone won't do, it must feel like a full blown catastrophe, observes Sukanya Verma.

Ambani among those setting up family business offices in Singapore

Ambani among those setting up family business offices in Singapore

Rediff.com7 Feb 2023

Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.

The Machine That Saved Tanishq

The Machine That Saved Tanishq

Rediff.com29 Aug 2024

Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.

How GenAI Will Impact Jobs

How GenAI Will Impact Jobs

Rediff.com23 Apr 2024

Jobs specialising in the creation and management of AI tools may witness rising salaries due to the niche expertise they require. Skills in AI research, development and the practical application of AI tools in business settings will also see strong demand.

Modi Bluster Missing From Budget

Modi Bluster Missing From Budget

Rediff.com26 Jul 2024

With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.

Pandemic slows privatisation of train services

Pandemic slows privatisation of train services

Rediff.com26 Aug 2021

Indian Railway Catering and Tourism Corporation (IRCTC), the Indian Railways' wholly-owned listed subsidiary, is eyeing partnerships to offset recurring costs incurred in train operations, which is part of its two-year-old diversification from core catering and ticketing businesses. To this end, it is courting public sector undertakings such as Bharat Heavy Electricals (BHEL) and others to create a special purpose vehicle for the routes for which IRCTC has bid. The Railway ministry opened bids for public private partnerships in passenger train operations in July 2021 and received bids to operate 29 pairs of trains with around 40 modern rakes that would entail an investment of Rs 7,200 crore.

Coaching deaths: Rau's offers Rs 50L to victims' kin; Rs 10L by others

Coaching deaths: Rau's offers Rs 50L to victims' kin; Rs 10L by others

Rediff.com2 Aug 2024

At least four UPSC coaching institutes -- Vajiram and Ravi Institute, Drishti IAS, NEXT IAS, and SRIRAM's IAS -- have offered Rs 10 lakh each to the families of Shreya Yadav, Tanya Soni and Nevin Dalvin, the three IAS aspirants who died after rainwater gushed inside of the basement of Rau's IAS Study Circle in Old Rajinder Nagar on July 27.

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

'Brilliant businesses were not built on money, but on great ideas'

'Brilliant businesses were not built on money, but on great ideas'

Rediff.com6 Feb 2023

'People will say a lot of things -- ignore the noise.'

Cox & Kings to handle India visa services in US

Cox & Kings to handle India visa services in US

Rediff.com8 May 2014

Cox & Kings Global Services (formerly known as Quoprro Global Services) was incorporated in 2008.

Will Jammu And Kashmir See Assembly Elections In 2024?

Will Jammu And Kashmir See Assembly Elections In 2024?

Rediff.com5 Aug 2024

Although the Supreme Court has mandated the Centre to conduct the polls by the end of September, a spate of terrorist attacks in J&K could cause delays.

Tax ruling on back-office services shocks IT, BPO sector

Tax ruling on back-office services shocks IT, BPO sector

Rediff.com21 Nov 2018

The recent ruling by the Authority of Advance Rulings making back-office services provided by a company to global firms taxable under GST, has sent shockwaves through the information technology and business process outsourcing industry.

Sensex gains 179 points to cross 72K; IT stocks shine

Sensex gains 179 points to cross 72K; IT stocks shine

Rediff.com5 Jan 2024

Among the Sensex firms, Larsen & Toubro, Tata Consultancy Services, Infosys, HCL Technologies, Hindustan Unilever, Axis Bank, ICICI Bank and Wipro were the major gainers. Nestle India, Asian Paints, JSW Steel, Kotak Mahindra Bank and HDFC Bank were among the losers.

Nearly 650 people killed in Bangladesh violence: UN report

Nearly 650 people killed in Bangladesh violence: UN report

Rediff.com17 Aug 2024

Nearly 650 people have been killed in the recent unrest in Bangladesh between July 16 and August 11, the United Nations Human Rights Office has said in a preliminary report, suggesting a thorough, impartial and transparent investigation into reports of extrajudicial killings, arbitrary arrests and detentions.

'Discrimination Is Present Among Scheduled Castes Too'

'Discrimination Is Present Among Scheduled Castes Too'

Rediff.com8 Aug 2024

'All of these guys who are opposing the Supreme Court judgment are from dominant scheduled caste communities and none of them come from the scavenging community.' 'Not a single scavenging leader will oppose this Supreme Court judgment.'

Valuations factor in strong earnings growth for TVS Motor

Valuations factor in strong earnings growth for TVS Motor

Rediff.com19 Aug 2024

TVS Motor Company met expectations in terms of revenue and posted a strong margin performance in Q1FY25. The key drivers were material cost savings and a better mix. The domestic demand outlook looks good with a rural rebound but geopolitical uncertainties in key export markets may dent overall growth.

Will Vedanta's chip plans hit its liquidity?

Will Vedanta's chip plans hit its liquidity?

Rediff.com19 Sep 2022

Mining mogul Anil Agarwal-led Vedanta Resources' credit profile will unlikely be weighed down by the group's planned Rs 1.54 lakh crore foray into semiconductor manufacturing, S&P Global Ratings said on Monday. "This is because the company has reiterated that the $20 billion related investment will be carried out outside of Vedanta Resources. "The business will be undertaken in a separate entity under Vedanta Resources' holding company Volcan Investments Ltd," it said.

FM to boost Budget spending to support economic growth

FM to boost Budget spending to support economic growth

Rediff.com31 Jan 2022

Finance Minister Nirmala Sitharaman is likely to strike a fine balance between being fiscally prudent and growth supportive when she presents her fourth straight budget on Tuesday, which is expected to have plans to boost spending to revive investment and create jobs. The Budget for the fiscal year starting April 1, 2022 is likely to raise spending on infrastructure to set the economy on a firmer footing. The stage for the Budget presentation was set by the Economic Survey stating that the government has the fiscal space to do more to support the economy that is forecast to grow at a healthy 8-8.5 per cent growth in the 2022-23 fiscal.

Business optimism in India touches 11-month high on improved demand: Survey

Business optimism in India touches 11-month high on improved demand: Survey

Rediff.com3 Feb 2021

Bolstered by improved domestic demand, India's services sector expanded for the fourth consecutive month in January as business activities quickened and rising business optimism is set to sustain the growth momentum, a monthly survey said on Wednesday. The seasonally-adjusted India Services Business Activity Index rose from 52.3 in December to 52.8 in January, pointing to a quicker expansion in output. The index was above the critical 50 mark that separates growth from contraction for the fourth month in a row during January.

How Modi Can Overcome Coalition Challenges

How Modi Can Overcome Coalition Challenges

Rediff.com19 Jun 2024

If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.

South Asia: It Is Climate Change, Stupid

South Asia: It Is Climate Change, Stupid

Rediff.com21 Sep 2024

India should encourage the second coming of SAARC with climate change as an urgent agenda and keeping Indian security concerns in mind as the subtext, suggest Lieutenant General Ashok Joshi (retd) and Colonel Anil Athale (retd).

Can This Techie Win Thiruvanathapuram?

Can This Techie Win Thiruvanathapuram?

Rediff.com21 Apr 2024

Whether Rajeev Chandrasekhar wins or not, Thiruvananthapuram will likely never see such an interesting contest again.