News for 'Director of Information and Technology'

How India Inc plan to curb insider trading

How India Inc plan to curb insider trading

Rediff.com29 Jun 2018

India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.

WhatsApp ruling: Experts seek privacy law

WhatsApp ruling: Experts seek privacy law

Rediff.com26 Sep 2016

WhatsApp was told to delete data of users who chose to opt out of its policy changes before September 25

Modi, WHO chief lay the ground for traditional medicine centre in Jamnagar

Modi, WHO chief lay the ground for traditional medicine centre in Jamnagar

Rediff.com19 Apr 2022

Prime Minister Narendra Modi on Tuesday said the establishment of the WHO Global Centre for Traditional Medicine (WHO GCTM) in Jamnagar will usher in a new era of traditional medicine globally.

Work from home drives laptop sales amid Covid-19 lockdown

Work from home drives laptop sales amid Covid-19 lockdown

Rediff.com12 Aug 2020

From market leader HP and premium player Apple to China's Lenovo and Asus, all major brands in the market are witnessing rapid surge in the demand for notebooks.

Govt moves to rein in social media before Lok Sabha polls

Govt moves to rein in social media before Lok Sabha polls

Rediff.com25 Dec 2018

'Before the elections, fake news can create law and order hassles and that is the reason they want social media firms to follow the amended IT Act.'

Infosys confident of reaching FY16 revenue target

Infosys confident of reaching FY16 revenue target

Rediff.com30 May 2015

Sikka said recent initiatives had started yielding dividends.

Alstom offers world's fastest train to India

Alstom offers world's fastest train to India

Rediff.com30 Sep 2021

A certain type of TGV, called V150, holds the world record for the highest speed on any national rail system. This record has been in place since April 2007.

Why Indian CEOs are a perfect fit for global roles

Why Indian CEOs are a perfect fit for global roles

Rediff.com17 May 2015

Nikesh Arora becoming successor of Masayoshi Son at Softbank yet again shows Indians are being preferred for global roles at multinational firms.

Why these B-schools are excited about the hiring season

Why these B-schools are excited about the hiring season

Rediff.com18 Nov 2019

Management campuses are expecting the rise in pre-placement offers to ease the final placement process.

OneWeb inks pact with ISRO commercial arm for launching satellites

OneWeb inks pact with ISRO commercial arm for launching satellites

Rediff.com21 Apr 2022

Bharti group-backed OneWeb and New Space India Limited, the commercial arm of the Indian Space Research Organisation, have entered into an agreement that will help ensure OneWeb completes its satellite launch programme. The first launch with New Space India is expected in 2022 from the Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota. The launches will add to Low Earth Orbit (LEO) satellite communications firm OneWeb's total in-orbit constellation of 428 satellites -- 66 per cent of the planned total fleet -- to build a global network that will deliver high-speed, low-latency connectivity.

Led by new-gen investors, mobile trading gets a big boost

Led by new-gen investors, mobile trading gets a big boost

Rediff.com21 Jul 2022

A new generation of investors has taken to stock trading on mobile phones with a renewed zeal, driven mainly by social changes after the Covid-19 pandemic breakout. The proportion of the cash market turnover ascribed to mobile phones has jumped from 5.3 per cent in June 2019 to 18.7 per cent in June this year, reveals BSE data. The share of mobile trading on the National Stock Exchange (NSE) for June this year stood at 19.5 per cent.

It's go-slow on campus job placements!

It's go-slow on campus job placements!

Rediff.com15 Nov 2019

'Zero Day' visitors like Maruti Suzuki, TVS, Tata Motors, Hero MotoCorp, Ashok Leyland and Bajaj Electricals are visiting fewer campuses.

Sebi fines NSE, 2 others in co-location case

Sebi fines NSE, 2 others in co-location case

Rediff.com10 Feb 2021

In the high profile co-location case, markets regulator Sebi on Wednesday imposed a penalty of Rs 1 crore on the NSE for failing to provide a level-playing field for trading members subscribing to its tick-by-tick (TBT) data feed system. In addition, the regulator levied a fine of Rs 25 lakh each on NSE's former managing directors and chief executive officers Chitra Ramakrishna and Ravi Narain. Alleged lapses in high-frequency trading offered through NSE's co-location facility came under the scanner of the watchdog after a complaint was filed in 2015.

Credit card data of 1 million Domino's Pizza customers leaked

Credit card data of 1 million Domino's Pizza customers leaked

Rediff.com20 Apr 2021

Domino's India data that included sensitive customer information such as their names, phone numbers, and credit card details has allegedly been breached and put on sale on the dark web. According to tweets by Israel-based Co-Founder and Chief Technology Officer of cybercrime intelligence firm Hudson Rock, Alon Gal, the data is worth 13 terabytes (TB). He tweeted on Sunday that the data includes as many as 180 million order details, including 1 million credit card details. The data, said Gal, was up for sale on the dark web. The threat actor, he said, was asking for $550,000 for the data.

IT majors' product plans put them at risk of cannibalisation

IT majors' product plans put them at risk of cannibalisation

Rediff.com19 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.

Lack of stronger cyber security may cost world economy $3 trillion

Lack of stronger cyber security may cost world economy $3 trillion

Rediff.com20 Jan 2014

With the recent proliferation of cyberattacks, corporate executives need to devote increasing attention to protecting information assets and on-line operations, said a report released on Monday by the World Economic Forum.

NSE MD & CEO Vikram Limaye says not seeking second term

NSE MD & CEO Vikram Limaye says not seeking second term

Rediff.com9 Mar 2022

NSE managing director and CEO Vikram Limaye on Wednesday said that he will not seek a second term at the stock exchange when his five-year term ends in July. This comes amid the National Stock Exchange (NSE) facing the regulatory probe in a case related to governance lapses at the bourse as well as in the co-location matter. "I have informed the board that I am not interested in pursuing a second term and will therefore not be applying and participating in the process that is underway. My tenure ends on July 16, 2022," Limaye said in a statement.

Staffing industry wants end to tax woes

Staffing industry wants end to tax woes

Rediff.com31 Jan 2017

The Indian Staffing Federation says their demand assumes significance as the formal sector will grow after demonetisation and the segment will play a crucial role in that.

Chinese investors are suddenly in love with Indian startups

Chinese investors are suddenly in love with Indian startups

Rediff.com2 Jan 2020

Not just from the likes of Alibaba and Didi Chuxing, Indian startups saw a surge in Chinese funding from financial investors in 2019. This is a seven-fold jump from $459 million in 2016.

It's raining job offers at B-schools!

It's raining job offers at B-schools!

Rediff.com3 Oct 2019

They are witnessing, or anticipating, a double-digit growth in job offers over the same period last year.

Decline in global client spending may put Indian IT sector under stress

Decline in global client spending may put Indian IT sector under stress

Rediff.com11 Jul 2019

Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports

Why Ashwini Vaishnaw is a perfect choice for railways & IT

Why Ashwini Vaishnaw is a perfect choice for railways & IT

Rediff.com16 Jul 2021

From trusted bureaucrat, to Wharton, MNC executive to businessman, and now politician, the man in charge of two weighty ministries is a unique all-rounder with specialist knowledge.

What Pak army chief's 3-year extension means for Kashmir

What Pak army chief's 3-year extension means for Kashmir

Rediff.com20 Aug 2019

'With the extension issue settled clearly in his favour, Gen Bajwa would be free to fashion a more hardline policy against India. 'We could, therefore, expect a raising of the ante in Kashmir,' says Rana Banerji.

'This cycle will only break if a few high-profile issues 'bomb''

'This cycle will only break if a few high-profile issues 'bomb''

Rediff.com14 Sep 2021

'It really doesn't matter that investors getting allotments sell their IPO stock holdings on listing day because a new set of investors are entering.' 'This explains the continued rise in stock prices even after the first day of listing.'

V Krishnamurthy, PSUs' turnaround man, dies at 97

V Krishnamurthy, PSUs' turnaround man, dies at 97

Rediff.com27 Jun 2022

Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.

Why global tech firms are hiring in fast lane

Why global tech firms are hiring in fast lane

Rediff.com12 May 2016

India has emerged as a favoured location for captive technology units of Walmart, Lowes and Daimler.

Mr NSA, what are you doing about Huawei?

Mr NSA, what are you doing about Huawei?

Rediff.com24 Dec 2018

Chinese equipment contracts had been given by many public sector undertakings and government companies for their networks, even in sensitive places such as the north east.

BoB, Dena, Vijaya Bank merger: Employees have nothing to fear

BoB, Dena, Vijaya Bank merger: Employees have nothing to fear

Rediff.com20 Sep 2018

Vijaya Bank assured employees that the service conditions 'will remain unaffected and staff benefits retained'

More steps needed to make e-transactions safer

More steps needed to make e-transactions safer

Rediff.com28 Nov 2016

Absence of comprehensive data protection and privacy laws will be barriers in the government's digitalisation drive.

KV Kamath to step down, Infosys starts hunt for chairman

KV Kamath to step down, Infosys starts hunt for chairman

Rediff.com12 May 2015

After news of KV Kamath stepping down as the non-executive chairman, Infosys is on the hunt for filling up the post.

RBI diktat on data storage upsets payments providers

RBI diktat on data storage upsets payments providers

Rediff.com23 May 2018

The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."

Modi's Cult Of Personality

Modi's Cult Of Personality

Rediff.com10 Mar 2023

'It was more than ego.' 'It carried with it a sincere belief that he was the quintessence of the country, that the country's destiny was irrevocably intertwined with his destiny.' An excerpt from T J S George's The Dismantling of India: In 35 Portraits.

World's largest tech fair at Bengaluru, Sikka to skip meet

World's largest tech fair at Bengaluru, Sikka to skip meet

Rediff.com12 Nov 2014

The event, organised by Deutsche Messe AG, is held each year at the Hanover fairground, the world's largest, in Hanover, Germany.

Stock exchanges will face penalties for tech glitches: Sebi

Stock exchanges will face penalties for tech glitches: Sebi

Rediff.com5 Jul 2021

Stock exchanges and other market infrastructure institutions as well as their top officials are liable to face penalties for lapses in handling and recitfying technical glitches, with Sebi putting in a place a stricter compliance system driven by "financial disincentives". The markets watchdog has come out with a detailed Standard Operating Procedure (SOP) for Market Infrastructure Institutions (MIIs) less than five months after a technical glitch halted trading at the country's largest bourse NSE for nearly four hours. There will be a "financial disincentives" structure for MIIs -- stock exchanges, clearing corporation and depositories -- for any business disruption beyond pre-defined time, according to a circular issued on Monday.

'Investor migration in IT and pharma will stay for a while'

'Investor migration in IT and pharma will stay for a while'

Rediff.com23 Dec 2020

'Quality of management, corporate governance, allocation of capital, full disclosures should form the basis to decide investing in a particular stock.'

Express Towers sale talks hit valuation wall

Express Towers sale talks hit valuation wall

Rediff.com18 Oct 2013

While private equity giant Blackstone and Pune-based realtor Panchshil Realty had offered Rs 800 crore for the building at Nariman Point, the building's owners -- Viveck Goenka, chairman and managing director of the Indian Express Group, and private equity firm ICICI Venture (which has 49 per cent stake in the property) -- expected the sale to fetch Rs 900 crore, said the executive.

How Infosys has changed under CEO Salil Parekh

How Infosys has changed under CEO Salil Parekh

Rediff.com7 Jan 2019

2019, however, will be a bigger test as the firm continues to deal with rising attrition and margin pressure.

28 companies announce buyback plans worth Rs 21,300 crore

28 companies announce buyback plans worth Rs 21,300 crore

Rediff.com21 Jun 2018

While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers

'BharatPe board is charting out path for listing'

'BharatPe board is charting out path for listing'

Rediff.com7 Apr 2022

'The company's transition from an individuals-driven private firm to a board-driven listed public one will be carried out in a well-thought-through and well-executed manner.'