News for 'bengaluru tech'

Everything you wanted to know about Google Street View

Everything you wanted to know about Google Street View

Rediff.com23 Aug 2022

In other countries, Street View's content comes from two sources -- Google and individual contributors. However, in India, these will be collected by the tech giant's new local partners.

Check Blood Glucose Levels Minus Prick

Check Blood Glucose Levels Minus Prick

Rediff.com21 Mar 2023

One needs to charge the device every four days, which can provide over 65,000 blood readings and counts.

Why There Is Job Attrition Among Women

Why There Is Job Attrition Among Women

Rediff.com11 Jul 2023

'The end of WFH has made achieving work-life integration more challenging for women.'

Now, tech-driven solutions to track coronavirus patients

Now, tech-driven solutions to track coronavirus patients

Rediff.com20 Mar 2020

Bengaluru-based Healthtech start-up Mfine has rolled out a coronavirus assessment feature which enables virtual medical consultation to assess patients who have flu-like symptoms. Portea and Haptik habe developed chatbots, which will disseminate information related to coronavirus.

Byju's EGM gets underway; investors file suit in NCLT

Byju's EGM gets underway; investors file suit in NCLT

Rediff.com23 Feb 2024

An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."

HCL Tech changes staff cost structure

HCL Tech changes staff cost structure

Rediff.com4 Oct 2015

Converts part of fixed salary component into variable one

The Rs 2,000 crore flyover that Bengaluru doesn't want

The Rs 2,000 crore flyover that Bengaluru doesn't want

Rediff.com28 Oct 2016

While the government insists that the road will help in solving traffic woes, environmentalists and locals decry cutting of trees, impact on environment.

Centre, states team up with RBI, Big Tech to fight Chinese lending apps

Centre, states team up with RBI, Big Tech to fight Chinese lending apps

Rediff.com22 Jan 2021

A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.

Trump impact: Net worth of India's tech billionaires eroded

Trump impact: Net worth of India's tech billionaires eroded

Rediff.com13 Apr 2017

IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.

Majority of Byju's shareholders vote for removing CEO, family members

Majority of Byju's shareholders vote for removing CEO, family members

Rediff.com23 Feb 2024

More than 60 per cent of shareholders of edutech Byju's on Friday voted for removal of founder CEO Byju Raveendran and his family over alleged "mismanagement and failures" at what was once India's hottest tech startup, but the company dug in its heels, calling the voting done in the absence of founders as "invalid". Prosus - one of the six investors who had called the extraordinary general meeting (EGM) - in a statement said "shareholders unanimously passed all resolutions put forward for vote.

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.

From layoffs to cost-cutting, start-ups brace for long funding winter

From layoffs to cost-cutting, start-ups brace for long funding winter

Rediff.com28 Oct 2022

On a cloudy Monday this month, Mohammed Irshad flew from Kochi to Gurugram to attend an exclusive investor networking event. Among a handful of founders selected for the event, Irshad was to pitch his peer-to-peer learning start-up Notespaedia for funding in front of top venture capital investors such as AngelBay, Elevation Capital, and Inflection Point Ventures. He failed to woo them, but the feisty entrepreneur was determined to continue his hunt.

Consequences of 'CEO exits' at Indian IT companies

Consequences of 'CEO exits' at Indian IT companies

Rediff.com22 Jun 2023

Indian IT services companies have seen several CEO changes that have, over the past few months, led to some crucial exits at the mid-senior level in a trend that is likely to continue. According to a recent Motilal Oswal report, "Movement of mid-to-senior leadership at IT services firms is a reality, partially on account of multiple CEO-level changes.

Reinventing Capitalism For The Digital Age

Reinventing Capitalism For The Digital Age

Rediff.com16 Jun 2023

US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.

'It's time for caution, not expansion'

'It's time for caution, not expansion'

Rediff.com12 Apr 2023

'Silicon Valley people are generally used to layoffs.' 'Every person who has been in the industry for 15-20 years would have been laid off at least 3-4 times.' 'In India, we aren't used to that concept.' 'So when it came here, people were shocked.'

India's Top Social Media Influencers

India's Top Social Media Influencers

Rediff.com3 Jan 2024

In a nation of 1.4 billion people, where a potential new creator is born every second, we pick 25 influencers who have ruled social media this year.

Why Cisco is wooing hi-tech start-ups in India

Why Cisco is wooing hi-tech start-ups in India

Rediff.com11 Mar 2019

It is eyeing the transportation and infrastructure modernisation opportunity in the country, expected to attract $500 billion in investment over the next five years.

Next-gen techs, services to lead IT sector growth: Wipro

Next-gen techs, services to lead IT sector growth: Wipro

Rediff.com21 Jun 2021

IT industry's growth will largely be led by next-generation technologies and services with areas like data, cloud and cybersecurity expected to see huge incremental growth, Wipro CEO Theirry Delaporte said. Wipro has also closed several acquisitions in the second half of FY21 across key markets like the US and Europe, which has helped the Bengaluru-based company strengthen its local presence and service offerings, he said in his note in the company's FY2020-21 annual report. "We know that industry growth will largely be led by next-generation technologies and services. "We can therefore expect to see huge incremental growth in areas such as digital, cloud, data, engineering, cybersecurity.

Broking industry's race to the top: Groww poised to pip Zerodha, but...

Broking industry's race to the top: Groww poised to pip Zerodha, but...

Rediff.com4 Oct 2023

The broking industry's pecking order is set to change with Groww, a fin-tech startup from Bengaluru, poised to topple the industry's poster boy, Zerodha, as the leading brokerage in the number of active investors. According to data provided by the portal Topsharebrokers.com, Zerodha has 6.32 million active investors, while Groww is at 5.99 million. It is projected that Groww, which has grown at a much faster clip over the past two years, will surpass Zerodha this month, or next month.

Indian startups raise $10.9 bn funding in Q2

Indian startups raise $10.9 bn funding in Q2

Rediff.com18 Oct 2021

Indian startups received a record funding of $10.9 billion across 347 deals in the third quarter of 2021, according to a PwC India report. This is twice the amount of funding received in Q3 of the calendar year 2020 and an approximate increase of 41 per cent compared to the second quarter of 2021. An increase in funding activity was witnessed across all sectors in terms of value and volume.

Wipro bets on Capco, Cloud, artificial intelligence to power BFSI revenue

Wipro bets on Capco, Cloud, artificial intelligence to power BFSI revenue

Rediff.com4 Sep 2023

Wipro is betting on artificial intelligence (AI) and Cloud computing to earn more from its biggest contributor - the banking, financial services & insurance (BFSI) sector - which brought in 35 per cent of the revenue in FY23. The Bengaluru-headquartered firm also expects its consultancy arm Capco to aid in its vision. "Over the past few years, we have made significant investments in the BFSI sector and have improved our talent, capabilities, and processes in this space - both through organic investments and with the addition of Capco," Suzanne Dann, Wipro's chief executive officer for Americas 2 said.

Microsoft is very committed to India: Satya Nadella

Microsoft is very committed to India: Satya Nadella

Rediff.com4 Jan 2023

Microsoft chairman and CEO Satya Nadella on Wednesday highlighted the importance of driving inclusivity and empowerment through technology and economic growth and asserted that the company is "very committed to India". He was speaking at Microsoft's Tech for Good and Education showcase, an event that highlighted the impact created by technology in the areas of philanthropic work and education. Nadella did a walk through, interacting with teachers, students and professionals who are making a difference in the society, by leveraging various Microsoft programs, initiatives and tools.

We plan to capture just 4% of market in 4 years: Prestige Estates' Irfan Razack

We plan to capture just 4% of market in 4 years: Prestige Estates' Irfan Razack

Rediff.com8 Mar 2023

Bengaluru-based Prestige Estates Projects recently said it aims to double its annual residential sales bookings to Rs 25,000 crore by FY26 from its current markets and others such as Mumbai, Pune and National Capital Region (NCR). The company's chairman and managing director Irfan Razaq tells Raghavendra Kamath about his plans to achieve the target and outlook for the real estate market.

Scientists hail Chandrayaan-3, say feat will inspire youngsters

Scientists hail Chandrayaan-3, say feat will inspire youngsters

Rediff.com23 Aug 2023

Leading scientists and experts said this monumental accomplishment not only marks India's indelible imprint on lunar exploration but also demonstrates the prowess of human collaboration, determination, and cutting-edge technology.

Why Prompt Engineers Are In Demand

Why Prompt Engineers Are In Demand

Rediff.com15 May 2023

The job of a prompt engineer does not necessarily require candidates to be trained in "hardcore" computer engineering skills. 'This is one of those rare jobs that opens the sector to the layman.'

India Inc making workplace more inclusive for persons with disabilities

India Inc making workplace more inclusive for persons with disabilities

Rediff.com4 Dec 2023

As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.

US has shortage of tech talent, warn Infy, Cognizant

US has shortage of tech talent, warn Infy, Cognizant

Rediff.com3 Dec 2016

'It is not that the H1B visa employees are coming in to displace jobs.'

Infy goes high-tech to map learning ability of employees

Infy goes high-tech to map learning ability of employees

Rediff.com19 Jun 2018

The tech giant's 'Recommendation Engine' leverages AI, machine learning and analytics to suggest training programmmes best suited for individual staff

Why EV makers are flocking to Tamil Nadu

Why EV makers are flocking to Tamil Nadu

Rediff.com5 Apr 2023

At Prestige Polygon Towers in Chennai's Teynampet, hectic preparations are on for a mega global investors' meet under the aegis of Guidance Tamil Nadu (the state investment promotion agency) scheduled for January 2024. Asked about the key focus areas of the meet, the agency's managing director and chief executive officer, V Vishnu, said the state was betting big on electric mobility. This is no surprise, given that the state has signed electric vehicle (EV)-related memorandums of understanding (MoUs) with several companies in the recent past that may bring in investments worth around Rs 33,000 crore with the potential to create over 43,000 job opportunities.

Adani firm to buy 50% stake in agri start-up

Adani firm to buy 50% stake in agri start-up

Rediff.com27 May 2022

Adani Defence & Aerospace has entered into definitive agreements for acquiring 50 per cent equity stake in agricultural drone startup General Aeronautics for an undisclosed amount. Bengaluru-based General Aeronautics specialises in developing robotic drones to offer tech-enabled crop protection services, crop health monitoring, precision farming and yield monitoring services using artificial intelligence and data analytics.

How house designs are changing post Covid

How house designs are changing post Covid

Rediff.com11 Jul 2021

Realty - Sunday

Tesla may be revving up interest in India, again

Tesla may be revving up interest in India, again

Rediff.com17 May 2023

Senior Tesla executives including those from its supply chain are planning to come to India on Wednesday and Thursday for meetings with government officials, including those in the Prime Minister's Office, according to sources. Prashant R Menon, director of Tesla India, did not respond to a specific query on the meetings. Sources say that the executives are coming to see how they can expand and develop local sourcing of components from India for the Tesla car.

Britannia turns to new-age tech to beef up rural reach

Britannia turns to new-age tech to beef up rural reach

Rediff.com6 Jun 2018

Market experts say that of the total 600,000 villages in India, under two per cent or around 10,000 villages contribute to about half of the rural consumption in the country. Targeting these villages and ensuring that penetration is strong is key for most consumer goods companies.

From tech whizkids to top restaurateurs

From tech whizkids to top restaurateurs

Rediff.com14 Oct 2010

Gaurav Jain and Pallavi Gupta were techies working in Bengaluru before they turned entrepreneurs.

Swiggy sets up development centre in Gurugram, home turf of rival Zomato

Swiggy sets up development centre in Gurugram, home turf of rival Zomato

Rediff.com10 Sep 2021

Swiggy is rapidly scaling up its technology (tech) teams as the food delivery giant is witnessing strong recovery and growth over the past few months. The SoftBank-backed company is hiring across engineering, product, design, analytics, and data science functions in the next two quarters. Building this team, Swiggy is setting up a new development centre in Gurugram. Its rival Zomato, which had a stellar debut on the Indian stock exchanges in July, is also headquartered in Gurugram.

Connecting women with 'tech spirituality'

Connecting women with 'tech spirituality'

Rediff.com19 Jan 2012

Come February 2012, Bengaluru will play host to women leaders from 108 countries, who will gather for the 5th International Women's Conference. Titled 'Women and Technology', the three-day conference is being held at The Art of Living International Centre.

Indian startups raised $42 billion in 2021

Indian startups raised $42 billion in 2021

Rediff.com13 Jan 2022

Indian startups have raised $42 billion in 2021, up from $11.5 billion in the previous year, a report by Orios Venture Partners said. The report titled 'The Indian Tech Unicorn Report 2021' said India saw 46 unicorns (companies with $1 billion valuations) in 2021 alone, more than doubling the total number of unicorns to 90. These include ShareChat, Cred, Meesho, Nazara, Moglix, MPL, Grofers (now Blinkit), upGrad, Mamaearth, GlobalBees, Acko, Spinny and others. India - with 90 unicorns - is the third-largest unicorn hub behind the US (487) and China (301), and ahead of the UK (39).

Infosys Q4 result disappoints Street; net rises 7.8% to Rs 6,128 crore

Infosys Q4 result disappoints Street; net rises 7.8% to Rs 6,128 crore

Rediff.com13 Apr 2023

Infosys on Thursday posted a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in March quarter of FY23, and gave 4-7 per cent revenue growth forecast for FY24 amid macro economic uncertainities. The net profit (after minority interest) stood at Rs 5,686 crore in the fourth quarter of FY22. Seen sequentially, the net profit for Q4 came in 7 per cent lower.

Show-cause notice to Amazon India over Rs 175 cr tax demand

Show-cause notice to Amazon India over Rs 175 cr tax demand

Rediff.com13 Jan 2021

Probe has allegedly found calculation errors by Amazon. The company paid higher GST but instead of claiming refund took wrong input tax credit.

'If students can learn asking ChatGPT...'

'If students can learn asking ChatGPT...'

Rediff.com15 Jun 2023

'What can a teacher do that ChatGPT cannot?'