News for 'Management Information System'

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Rediff.com17 Jul 2024

The possible instances of front running at Quant Mutual Fund have likely pushed the Securities and Exchange Board of India (Sebi) to expedite the implementation of an institutional mechanism framework designed to curb such market abuses. This framework, approved by the Sebi board in April, was slated to take effect six months after its notification. But, recent developments have set the wheels of regulation turning faster.

7 Tips To Heal Irritable Bowel Syndrome

7 Tips To Heal Irritable Bowel Syndrome

Rediff.com27 May 2024

Replace processed and packaged foods with whole, unprocessed foods like fruits, green vegetables, whole grains and lean proteins, says Dr Gaurav Kumar Patil.

Is NPS Vatsalya Right Choice For Your Children?

Is NPS Vatsalya Right Choice For Your Children?

Rediff.com9 Oct 2024

From how to open an NPS Vatsalya account to knowing how this scheme compares to investing in mutual fund or in provident fund, Ramalingam Kalirajan offers a 360-degree view and the pros and cons of investing in a scheme that has the potential to secure your child's financial well-being.

10 Skills You Need For A Career In AI

10 Skills You Need For A Career In AI

Rediff.com1 Oct 2024

Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.

Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Rediff.com24 Apr 2024

Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect after the regulator found "serious deficiencies" in the lender's IT risk management. These actions, the RBI said, are necessitated based on significant concerns arising out of Reserve Bank's IT examination of the bank for the years 2022 and 2023 and the continued failure on part of the bank to address these concerns in a comprehensive and timely manner.

NPS vs UPS: Which is Best for YOU?

NPS vs UPS: Which is Best for YOU?

Rediff.com6 Sep 2024

Switching to the UPS could be a game-changer for your retirement planning, especially if you value guaranteed benefits and higher government contributions, observes Ramalingam Kalirajan.

I-T dept begins work on real-time network

I-T dept begins work on real-time network

Rediff.com2 May 2011

The Income Tax (I-T) Department has embarked on a plan to create a national data centre to facilitate a management information systems-based, real-time analysis of data for quick and effective decision making.

Treasury gains help ICICI Bank post 10% rise in Q1 profit

Treasury gains help ICICI Bank post 10% rise in Q1 profit

Rediff.com27 Jul 2024

Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Growth in the core income slowed for the country's second largest private sector lender, but the treasury operations helped it report a 14.62 per cent rise in its post-tax profit at Rs 11,059 crore on a standalone basis. The core net interest income (NII) growth came at a multi quarter low of 7.3 per cent to Rs 19,553 crore for the reporting quarter.

Court nod for actor Darshan's Ballari jail shift

Court nod for actor Darshan's Ballari jail shift

Rediff.com27 Aug 2024

A photograph of Darshan hanging out with three others, including a rowdy-sheeter, on the lawns of the jail had gone viral on Sunday, sparking a row.

Sebi scanner on more front-running ops by fund managers

Sebi scanner on more front-running ops by fund managers

Rediff.com17 May 2022

Markets regulator Securities and Exchange Board of India (Sebi) is examining allegations of front-running and other irregularities against a host of domestic fund managers across the asset management industry, said people in the know. Developments at Axis Mutual Fund have prompted the regulator to speed up probe to ensure that there is no drop in confidence in the Rs 39-trillion mutual fund (MF) industry. "We have received complaints against a few fund managers and are looking into possible violations, including those related to code of conduct," said a regulatory source, refusing to divulge names of fund houses as things are at a preliminary stage.

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

Rerating potential in Axis Bank stock, may be among top outperformers

Rerating potential in Axis Bank stock, may be among top outperformers

Rediff.com20 Jul 2024

The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching up, according to analysts. Credit growth could ease due to the lagged impact of the Reserve Bank of India (RBI) tightening and deposit growth has weakened, and the current account and savings account (CASA) ratio has declined 10-370 basis points (bps) quarter-on-quarter (Q-o-Q) for many banks.

SC forms task force to devise safety protocol for medics

SC forms task force to devise safety protocol for medics

Rediff.com20 Aug 2024

Observing that working conditions have made doctors and health professionals susceptible to violence, the Supreme Court on Tuesday constituted a 10-member task force to formulate a national protocol for ensuring safety and facilities for them in the wake of the rape and murder of a medic in Kolkata.

IAEA loses contact with monitoring system of Chernobyl nuclear plant

IAEA loses contact with monitoring system of Chernobyl nuclear plant

Rediff.com9 Mar 2022

The Chernobyl nuclear power plant, which was taken over by Russian forces last month, has stopped transmitting data to the International Atomic Energy Agency (IAEA), the United Nations atomic watchdog has said, expressing deep concern for the staff working under Russian troops at the nuclear site in northern Ukraine.

How To Recover From Dengue

How To Recover From Dengue

Rediff.com23 Sep 2024

Dr Karthiyayini Mahadevan tells you how to correct your diet and lifestyle so that you can fight/ recover from illnesses.

Ratan Tata, As I Knew Him

Ratan Tata, As I Knew Him

Rediff.com10 Oct 2024

Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

How You Can Save Rs 17,500 In New Tax Regime

How You Can Save Rs 17,500 In New Tax Regime

Rediff.com24 Jul 2024

'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'

Indian legal system a hurdle for aircraft lessors: Air India to govt

Indian legal system a hurdle for aircraft lessors: Air India to govt

Rediff.com12 Dec 2022

Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.

'Aionos will bridge silos within aviation, hospitality using AI'

'Aionos will bridge silos within aviation, hospitality using AI'

Rediff.com24 Apr 2024

Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.

'Ladakh Made The World Wary Of China'

'Ladakh Made The World Wary Of China'

Rediff.com7 Nov 2024

'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'

'No Derating Due To Coalition Govt'

'No Derating Due To Coalition Govt'

Rediff.com27 Jun 2024

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'

Confused About Your Tax Returns? Ask rediffGURUS

Confused About Your Tax Returns? Ask rediffGURUS

Rediff.com20 Jul 2023

It's tax returns season. Ask our tax experts Mihir Tanna, Hardik Parikh, Tejas Chokshi and Sanjeev Govila.

Foxconn Betting Big on South India

Foxconn Betting Big on South India

Rediff.com19 Aug 2024

Foxconn's business in India has grown to over $10 billion till 2024.

How APAAR ID Can Benefit Students

How APAAR ID Can Benefit Students

Rediff.com29 Apr 2024

DigiLocker, a government initiative for storing documents and verifying credentials online, is gradually replacing the need for paper.

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."

The Man Who Saw Tomorrow

The Man Who Saw Tomorrow

Rediff.com21 Oct 2024

Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.

RBI crack team in secret location keeps financial system going

RBI crack team in secret location keeps financial system going

Rediff.com21 Mar 2020

The idea is to keep the RBI's information technology (IT) infrastructure in top shape to run the payments and settlement system uninterrupted 24x7, and run the full gamut of RBI functions from the secured data centres, as nearly 14,000 RBI staffers, except the senior-most management, work from home.

What Is A Retirement Fund?

What Is A Retirement Fund?

Rediff.com20 May 2024

A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.

Growth, valuations support Ashok Leyland as competition rises in industry

Growth, valuations support Ashok Leyland as competition rises in industry

Rediff.com1 Jul 2024

The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Brokerages have a mixed view on the country's second-largest medium and heavy commercial vehicle manufacturer. The company reported steady March quarter results and its valuation, focus on growth and medium-term prospects are positive, but some brokerages are cautious, given near-term demand concerns and the risk of competition increasing in the industry.

BEWARE! Govt Can Intercept Messages

BEWARE! Govt Can Intercept Messages

Rediff.com26 Jun 2024

Messages sent through Internet-based messaging service providers such as Whatsapp, Signal, and Telegram, as well as those which are encrypted, are understood to be within the Act's ambit.

'Impractical, cheap stunt': Oppn on one nation, one poll

'Impractical, cheap stunt': Oppn on one nation, one poll

Rediff.com18 Sep 2024

Opposition parties on Wednesday opposed the 'one nation, one election' proposal by calling it impractical and a 'cheap stunt' by the ruling Bharatiya Janata Party.

Specialise in information technology

Specialise in information technology

Rediff.com6 Sep 2006

Bharatiya Vidya Bhavan's S P Jain Institute of Management & Research invites applications for its one-year Post-graduate Diploma in Management and two-year Post-graduate Diploma in Systems Management-MIT

How New Visa Rules Will Affect Students

How New Visa Rules Will Affect Students

Rediff.com1 Aug 2024

As the number of students seeking higher education abroad continues to rise, several countries are implementing new rules. Gaurav Batra, CEO and founder of Infinite Group highlights how these changes will impact Indians who are planning to study abroad.

TCS to manage global IT infrastructure for Diageo

TCS to manage global IT infrastructure for Diageo

Rediff.com20 Feb 2014

TCS will manage Diageo's global IT infrastructure, data centres and servers, in addition to providing service desk support to employees, TCS said in a statement.

New IIMs do well with placements

New IIMs do well with placements

Rediff.com14 Apr 2011

The new Indian Institutes of Management appear to be well on their way to a good start, thanks to the mentoring by their established predecessors, says Swati Garg.

Time To Invest In Floating-Rate Funds?

Time To Invest In Floating-Rate Funds?

Rediff.com27 Jan 2024

Opinions vary, but fund managers remain bullish.

Can the 'new' HDFC Bank reclaim its old glory?

Can the 'new' HDFC Bank reclaim its old glory?

Rediff.com8 Jul 2024

For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. Amid a landscape where other banks struggled with soaring non-performing assets (NPAs), HDFC Bank thrived, eventually surpassing ICICI Bank to become the largest private sector lender in India. Its net interest margin (NIM) remained stable in the range of 4.1-4.4 per cent.

Want a career in information technology?

Want a career in information technology?

Rediff.com31 Oct 2006

The Symbiosis Centre for Information Technology invites applications for admission to its two-year residential post-graduate Diploma in Management programmes.

7 Countries Where Indians Can Study MBBS

7 Countries Where Indians Can Study MBBS

Rediff.com5 Sep 2024

rediffGURU Dr Pananjay Tiwari lists the options and cost of pursuing an MBBS education outside of India.