News for 'business banking innovations'

Automation is not bad, since skills that are required are not available

Automation is not bad, since skills that are required are not available

Rediff.com18 Apr 2015

The talent gap in the industry is huge, says N Chandrasekaran, MD & CEO, TCS.

Learning is the name of the game

Learning is the name of the game

Rediff.com4 Jul 2016

Gamification has the potential to trigger immediate positive responses to learning that an organisation wishes to impart.

10 Indians who are heading top tech firms, exciting projects

10 Indians who are heading top tech firms, exciting projects

Rediff.com15 May 2015

15 per cent of startups in Silicon Valley are founded by Indians.

How EMIs destroy your dreams!

How EMIs destroy your dreams!

Rediff.com25 Nov 2014

Abhishek Agarwal takes a controversial view on how our dreams are being mortgaged by EMIs we keep paying month after month.

Tim Cook readies winning recipe for India

Tim Cook readies winning recipe for India

Rediff.com19 May 2016

Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.

Second half of the year may see a turnaround: PM to CEOs

Second half of the year may see a turnaround: PM to CEOs

Rediff.com28 Sep 2013

India is committed to getting back to a sustainable growth path of 8 to 9 per cent, Prime Minister Manmohan Singh has said, adding that such a target is achievable because the fundamentals of the Indian economy remain strong.

Budget: A delicate balancing act with rural push

Budget: A delicate balancing act with rural push

Rediff.com2 Feb 2017

Jaitley's Budget has the potential to change the face of Modi's Bharat

India defends right to issue drug 'compulsory licences'

India defends right to issue drug 'compulsory licences'

Rediff.com23 Mar 2016

The USTR has placed India on its "priority watch" list for two years in a row, saying the country's patent laws unfairly favour local drug makers.

Why top executives are trading cushy jobs for start-ups

Why top executives are trading cushy jobs for start-ups

Rediff.com28 Nov 2015

Why top executives are trading cushy jobs for start-ups

Why Gates is impressed by Modi's cleanliness drive

Why Gates is impressed by Modi's cleanliness drive

Rediff.com7 Oct 2014

Bill Gates discussed with the Indian leader the opportunity to design 21st century toilets that do not need big sewage systems and water treatment plants.

Snapdeal to spend $1 billion on 5-6 acquisitions this year

Snapdeal to spend $1 billion on 5-6 acquisitions this year

Rediff.com14 Mar 2015

Snapdeal to spend $1 billion on 5-6 acquisitions this year.

How Modi is wooing investors in US

How Modi is wooing investors in US

Rediff.com26 Sep 2014

Modi said India will pursue its dreams in partnership with its international friends.

Modi, The Great Disruptor

Modi, The Great Disruptor

Rediff.com30 Oct 2014

'Modi, focused on youth and their aspirations, has articulated a truly disruptive change: One of hope, of duties rather than rights, of standing up to the world instead of being bullied by it,' says Rajeev Srinivasan.

Why Larry and Sergey named Sundar Google CEO

Why Larry and Sergey named Sundar Google CEO

Rediff.com11 Aug 2015

'Sergey and I have been super excited about his progress and dedication to the company. And it is clear to us and our board that it is time for Sundar to be CEO of Google,' Lary Page said.

World's 10 richest countries, India at a dismal 130!

World's 10 richest countries, India at a dismal 130!

Rediff.com20 Jul 2015

Qatar is the world's richest country in terms of per capita income.

Mr Mallya's case is only the tip of the iceberg

Mr Mallya's case is only the tip of the iceberg

Rediff.com18 Mar 2016

The clean-up process begun by the Reserve Bank of India runs the risk of spiralling out of control.

'Jobs are not a problem in India'

'Jobs are not a problem in India'

Rediff.com7 Jul 2017

'If we chose to do the right things, it is possible to avoid job losses at a mass scale,' ABB MD Sanjeev Sharma tells Raghu Krishnan.

Meet 10 Indians who head global tech companies

Meet 10 Indians who head global tech companies

Rediff.com12 Aug 2015

With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.

Achhe Din is here for the growth of Indo-US trade

Achhe Din is here for the growth of Indo-US trade

Rediff.com6 Jun 2016

Both Obama and Modi have taken bold steps towards laying the groundwork to give a big push to Indo-US trade, and now it's time to execute, says Bikash Mohapatra.

Infosys is back on track but still time to become IT bellwether

Infosys is back on track but still time to become IT bellwether

Rediff.com12 Nov 2014

It is not that platforms and products are something that Infosys has not tried earlier.

Insurers set the ball rolling on foreign stake hike

Insurers set the ball rolling on foreign stake hike

Rediff.com13 Mar 2015

Bharti will move FIPB soon for increasing Axa's stake to 49%

How can India create more entrepreneurs?

How can India create more entrepreneurs?

Rediff.com21 Jul 2015

When is the last time our government recognised a twenty something entrepreneur for introducing a break-out innovation?

Markets end flat; Infosys slumps 5% on downgrade

Markets end flat; Infosys slumps 5% on downgrade

Rediff.com8 Oct 2014

Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.

2 years of Raghuram Rajan: Many hits but some misses, too

2 years of Raghuram Rajan: Many hits but some misses, too

Rediff.com3 Sep 2015

We need a change in mindset, says the RBI Governor.

India's start-up world booms with 100,000 new firms in 2014

India's start-up world booms with 100,000 new firms in 2014

Rediff.com11 Sep 2015

About 80 per cent of the companies that are registered are essentially non-IT.

Don't leave finance to the financiers

Don't leave finance to the financiers

Rediff.com9 Sep 2014

A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.

Tata firms to collaborate for better performance

Tata firms to collaborate for better performance

Rediff.com18 Aug 2014

Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.

India to hold start-up fest in London

India to hold start-up fest in London

Rediff.com17 Nov 2016

Tie-ups and access to infrastructure of a developed ecosystem prompt choice of venue.

An agenda for Dr Urjit Patel

An agenda for Dr Urjit Patel

Rediff.com25 Aug 2016

Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn't happen, the investment cycle also will not happen, writes M R Venkatesh.

Markets fall on profit-booking despite RBI's surprise rate cut

Markets fall on profit-booking despite RBI's surprise rate cut

Rediff.com4 Mar 2015

Benchmark indices failed to sustain gains and retreated from day's high dragged primarily by the losses in metals, information technology and bank shares as investors started to book profits in late noon deals. Earlier, markets had scaled fresh all-time highs on the surprise post-budget rate cut by Reserve Bank of India (RBI). The 30-share Sensex ended down 213 points at 29,380 and the 50-share Nifty closed down 74 points at 8,922. Intra-day, Sensex reached the all-time high mark of 30,024.74 while Nifty touched the life-time high level of 9,119.20. In the broader market, both the BSE Midcap index and Smallcap indices, down 1% and 1.2% each underperformed the front-liners. Market breadth in BSE ended negative with 1,882 declines against 1,010 advances. A day after signing an agreement with Finance Ministry on inflation targeting, RBI surprised the markets with an early post-budget repo rate cut of 25 bps (basis points) to 7.5% from 7.75% which was again outside of central bank's scheduled policy review meetings as the earlier rate cut effected on January 15. "RBI's latest rate cut of 25 basis points, while a surprise in its timing is in-line with our expectations of a sharp rate-cutting cycle over the coming quarters. With inflation sustainably lower by 500bps, the RBI has in recent months acknowledged the scope for rate cuts and was only waiting for additional comfort that the government's fiscal policy would not play spoil-sport," said Dinesh Thakkar, chairman and managing director at Angel Broking in a note. Analysts at Karvy believe that further monetary policy action will depend on number of factors including easing of supply constraints, improved availability of power, land, minerals and infrastructure, fiscal consolidation, the pass through of rate cuts by banks and the expected monsoon. Citing weakness in some sectors of the economy and the overall global trend towards monetary easing as rationale for the rate cut the central bank also exuded confidence in the road map for fiscal consolidation as laid out in the Union Budget, 2015. Commenting on how the markets reacted to RBI's surprise move, K Subramanyam assistant vice-president (institutional research), Asit C. Mehta Securities said, "The unexpected cut did take the market by surprise .However, credit off-take is not dependant only on interest rates. A gradual revival in the economy would be of more help which would trigger credit off-take. Hopefully this will follow and RBI's action would prove helpful. From market point of view this is bullish as equity becomes more attractive vis-a-vis falling interest rates." On the macro-economic front, the HSBC services PMI rose to an eight-month high of 53.9 in February up from 52.4 in January indicating strong expansion in output across the sector. Respondents cited robust growth of new business as the principle factor for the increase in activity. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 773 crore on Tuesday, as per provisional data. Buzzing Stocks 9 out of the 12 sectoral indices of BSE ended in red. BSE Metal index, down 2.4% was the top loser followed by BSE Oil & Gas and Power indices, down 1.3% each. BSE Healthcare index, up 1.2% and BSE FMCG index, up 0.9% were the top losers. Bank stocks came under during late noon trades as traders booked profits at higher levels. However, RBI rate cut may encourage large lenders to cut their lending rates boosting demand for home and auto loans and provide funds for various stalled and new projects. Many stalled projects across the country are waiting for cash to restart work. The stock of stalled projects at the end of December 2014 stood at Rs 8.8 lakh crore or 7% of GDP. ICICI Bank ended down 0.1%, Axis Bank and SBI declined over 3% and HDFC Bank shed 1.5%. Sun Pharma gained over 6% on approval granted to Sun Pharma Advanced Research Company (SPARC) by US FDA for an antiepileptic drug. The product will be manufactured by Sun Pharmaceutical Industries at its Halol (Gujarat) facility in India. SPARC was formed in 2007 when Sun Pharma separated out its active projects in drug discovery and innovation into a new company. Dr Reddys Lab and Cipla have gained over 1% each. ITC gained over 1% after consecutive sessions of losses on the proposed larger-than-expected hike in excise duty on cigarettes in the Union Budget. The biggest ever auction of spectrum by the Department of Telecommunications (DoT) started on Wednesday in the morning where government expects to garner Rs 80,000-1lakh crore from the sale of spectrum. Idea Cellular gained over 2%, Reliance Communication gained around 1% and Bharti Airtel closed 0.5% higher. Metal stocks were under pressure in today's session. Hindalco declined over 3%, Sesa Sterliteended down over 4% and Tata Steel closed down 2%. Profit-taking in IT stocks led to Wipro losing around 1.8%, Infosys declining 0.7% and TCS losing 1.5%.

India is being run by dynasties: Rahul @Berkeley

India is being run by dynasties: Rahul @Berkeley

Rediff.com12 Sep 2017

Rahul attacked Modi and BJP, alleging that 'politics of divide and polarisation is radicalising people in India'.

Will Punit Goenka manage to 'rescue' Zee?

Will Punit Goenka manage to 'rescue' Zee?

Rediff.com11 Dec 2019

With founder Subhash Chandra no longer in the driver's seat at Zee, the acid test for Punit Goenka would be to take the financial investors along with him even as he strives to weather the latest storm. The question, now, is how he will deal with the challenges of being a professional CEO rather than an owner-CEO in the aftermath of his family offloading most of its promoter stake to a clutch of financial investors. However, the silver lining is that Zee remains the most profitable of the top four broadcasters in India.

How Information revolution differs from Industrial Revolution

How Information revolution differs from Industrial Revolution

Rediff.com25 Oct 2016

There is mounting evidence that the Information Revolution may mean the end of large-scale vertically integrated businesses whose guiding principle, "economies of scale", was the defining miracle of the Industrial Age.

5 things that can really spice up Australian Open

5 things that can really spice up Australian Open

Rediff.com11 Jan 2019

amiliar names, however, are tipped to take off with the winners' trophies. The following is a list of talking points at the Australian Open:

Modiji, how can these Indians cope with the note ban?

Modiji, how can these Indians cope with the note ban?

Rediff.com16 Dec 2016

How are the illiterate and aged coping with Modi's demonetisation, wonders Subir Roy.

All the perks of being a car owner, none of the pain

All the perks of being a car owner, none of the pain

Rediff.com2 Nov 2017

Drivezy is helping people share their vehicles.

India sees new single-day spike as Unlock 1 to begin next week

India sees new single-day spike as Unlock 1 to begin next week

Rediff.com5 Jun 2020

In its morning update, the Union health ministry said the total number of positive cases has reached 2,16,919 with a record spike of 9,304 new cases since Wednesday 8 am across the country, while the death toll has increased to 6,075 with 260 more fatalities in this period. A PTI tally of figures announced by different states and union territories, as of 9.50 pm, showed a higher number of confirmed cases across the country at 2,17,389 and the death toll at 6,233.

'India's dominance in IT will continue'

'India's dominance in IT will continue'

Rediff.com30 Aug 2016

'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'

Modi sells reforms to woo people

Modi sells reforms to woo people

Rediff.com24 Aug 2016

If Mr Modi has to win, he must convince the people of this country how his reforms improved the quality of their lives.

India-US bilateral trade can reach $1 trillion by 2030

India-US bilateral trade can reach $1 trillion by 2030

Rediff.com16 Sep 2014

Prime Minister Modi will meet President Obama at the White House on September 29 and 30, US officials said.