News for 'cut money culture'

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.

AI Disruption Is REAL & Happening FAST!

AI Disruption Is REAL & Happening FAST!

Rediff.com28 Aug 2024

When AI is used to enhance operational efficiency, businesses can deliver the same product or service but with improved quality, faster, or even at a reduced cost

Nilekani-backed people+ai rolls out AI strategy...

Nilekani-backed people+ai rolls out AI strategy...

Rediff.com8 May 2024

An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India). It aims to harness AI as a powerful tool to enhance the lives of all Indians. The event marked the rollout of several initiatives by people+ai that are focused on discovering, demonstrating, and disseminating population-scale AI use cases for India.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

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.

'Now Kashmiris Say Hindustan, Hindustan'

'Now Kashmiris Say Hindustan, Hindustan'

Rediff.com17 Sep 2024

'The wave of terrorism is over in Kashmir. Local people do not support it.'

Meet The *Real* Stars Of Sholay

Meet The *Real* Stars Of Sholay

Rediff.com21 Aug 2024

Salim-Javed became the first Hindi film writers who could be considered brands, and they are still boldface names, celebrities in their own right, chronicles Dinesh Raheja.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

No hiring freeze at TCS, but WFH may end

No hiring freeze at TCS, but WFH may end

Rediff.com20 Feb 2024

Tata Consultancy Services (TCS) on Tuesday ruled out cutting down on hiring, saying it has no plans of doing so but it may have to pace hiring according to the evolving demand scenario. TCS is the largest Indian software exporter in terms of headcount, revenue and profit. The statement comes amidst a report that the software industry is going soft on hiring as demand falters from their key markets and some of them are even going back on their campus offers.

BJP fields 6 disqualified Cong MLAs in HP, upsets partymen

BJP fields 6 disqualified Cong MLAs in HP, upsets partymen

Rediff.com26 Mar 2024

The Bharatiya Janata Party on Tuesday named its candidates for assembly bypolls in several states, fielding six disqualified MLAs of the Himachal Pradesh assembly in the state days after they joined the party after leaving the Congress.

Punit Goenka keen to prune Zee workforce by 15%

Punit Goenka keen to prune Zee workforce by 15%

Rediff.com5 Apr 2024

ZEE Entertainment Enterprises Ltd on Friday said its MD & CEO Punit Goenka has initiated a process of rationalisation of workforce by 15 per cent to prune staff strength across the company. In a regulatory filing, ZEE Entertainment Enterprises Ltd (ZEEL) said Goenka has proposed a lean organisation structure to the board with a lateral structure while identifying broadcast, digital, movies and music as core business units. "In line with his overall strategic approach, the MD & CEO has initiated the process of rationalisation of the workforce by 15 per cent, that will prune the staff strength across the company to arrive at a streamlined team that is sharply focused on the set goals for the future," the company said.

Bengal's tea industry seeks a new flavour

Bengal's tea industry seeks a new flavour

Rediff.com1 May 2024

The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.

VC model of investment looks like ponzi scheme: N R Narayana Murthy

VC model of investment looks like ponzi scheme: N R Narayana Murthy

Rediff.com3 Mar 2023

N R Narayana Murthy, co-founder of Infosys, blamed the venture capitalist community for inculcating a culture among entrepreneurs to chase growth at all costs. He said the VC model of investment looked like a ponzi scheme. "I would hold venture capitalists responsible who propounded the theory that only the top-line is important and not the bottom-line. "I think that is completely wrong. In many ways it looks like a ponzi scheme.

Genpact CEO: 'We are investing $600 million over three years in AI'

Genpact CEO: 'We are investing $600 million over three years in AI'

Rediff.com7 Oct 2023

'AI is not a new thing for us. We started our AI journey in 2015.'

In Mahua vs Amrita Roy battle, don't forget the CPM

In Mahua vs Amrita Roy battle, don't forget the CPM

Rediff.com13 May 2024

The curious onlookers that greet the candidates are, however, unaware about the importance of history. They are just there to catch a glimpse of 'Rani Ma' Amrita Roy or Mahua Moitra.

Women, Take Charge Of Your Finances!

Women, Take Charge Of Your Finances!

Rediff.com17 Mar 2023

There are millions of Indian women who avoid the responsibility of managing their finances due to a variety of reasons, including cultural and social conditioning.

No Indian is outsider in Bengal, BJP CM will be son of soil: PM

No Indian is outsider in Bengal, BJP CM will be son of soil: PM

Rediff.com24 Mar 2021

When the BJP forms government in Bengal, the chief minister will be a son of the soil, he said at the rally amid loud cheers from his supporters.

Amit Shah accuses 'Bhatija and Co' of swindling Amphan relief

Amit Shah accuses 'Bhatija and Co' of swindling Amphan relief

Rediff.com23 Mar 2021

Union Home Minister Amit Shah on Tuesday alleged that 'Bhatija (nephew) and company' had swindled central funds sent for Amphan relief and said that probe will be ordered into it and culprits will be booked after the Bharatiya Janata Party comes to power in West Bengal.

A Tale Of Unlikely Politicians

A Tale Of Unlikely Politicians

Rediff.com4 Apr 2024

Many ethical, competent corporate leaders aspire to join public life today. However, the transition to politics is far from easy, observes Indrajit Gupta.

'I was a train and you put me on the track'

'I was a train and you put me on the track'

Rediff.com16 Dec 2023

Emotions welled up inside Saurashish Lahiri when Akash Deep, the latest Bengal speed merchant to enter Indian dressing room, rang him up.

Why Did Kiran Rao Struggle?

Why Did Kiran Rao Struggle?

Rediff.com27 Feb 2024

'I was very keen to make another film and I was dying to say action and cut and get back into creating characters and creating worlds.' 'But I just didn't have a script I was happy with.' 'I was working every day on the writing and I was struggling with that.'

'You are ruining an entire generation'

'You are ruining an entire generation'

Rediff.com13 Mar 2024

'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'

'We can't leave such complex and innumerable operations to humans'

'We can't leave such complex and innumerable operations to humans'

Rediff.com8 Jun 2023

'When I talk to my colleagues in the Railways, they say 'aadmi toh bohot hai, lekin matlab ka aadmi ek bhi nahi hai (the Railways has a bloated workforce, but doesn't have employees with have the skillsets that matter)'.'

Is WFH A Societal Shift?

Is WFH A Societal Shift?

Rediff.com14 Jul 2023

...or just a Covid-era practice, asks Ajit Balakrishnan.

Spanish soccer's 'Me Too' moment was a decade in the making

Spanish soccer's 'Me Too' moment was a decade in the making

Rediff.com1 Sep 2023

Luis Rubiales' kiss of Jenni Hermoso triggered a torrent of allegations from other women in sport of predatory behaviour by men.

Cost-cut call for MTNL, BSNL

Cost-cut call for MTNL, BSNL

Rediff.com26 Mar 2003

'Frugal management is essential for Indian companies'

'Frugal management is essential for Indian companies'

Rediff.com6 Sep 2022

'It leads to more investment, more money put in R&D, expansion and modernisation.'

NRIs: Pop Nationalism To Identity Supremacy

NRIs: Pop Nationalism To Identity Supremacy

Rediff.com21 Oct 2023

Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.

What are Modi's plans to stop future black money?

What are Modi's plans to stop future black money?

Rediff.com17 Nov 2016

'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.

Covid cuts Tirupur garment hub biz, 10% orders go to other nations

Covid cuts Tirupur garment hub biz, 10% orders go to other nations

Rediff.com27 Jul 2021

India's largest garment hub Tirupur continues to reel from the effects of the pandemic, with almost 10 per cent of its orders for the upcoming season getting diverted to Bangladesh, Vietnam, Cambodia and China. The sector had seen a drop of about 9 per cent in exports during the first wave, but the impact is likely to be more this time, according to industry experts. Being one of the epicentres of Covid cases in the state, a majority of manufacturing units in the textile belt were closed for almost six weeks during the second wave.

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

Rediff.com23 Mar 2023

The Lower House of Parliament took up the Demands for Grants and Appropriation Bills after two adjournments as the ruling and Opposition MPs engaged in a matching duet over demands for an apology by Rahul Gandhi and the Adani issue.

How To Invest In Gold, Silver?

How To Invest In Gold, Silver?

Rediff.com22 Dec 2023

Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.

Didi is West Bengal's 'Dada'

Didi is West Bengal's 'Dada'

Rediff.com2 May 2021

Mamata Banerjee-led Trinamool Congress overcame the might of the BJP and is all set to be CM for a third term.

Indian-origin techie 'helping out' Musk to revamp Twitter

Indian-origin techie 'helping out' Musk to revamp Twitter

Rediff.com1 Nov 2022

Sriram Krishnan, an Indian-origin technology executive, is "helping out" Twitter's new owner Elon Musk as he revamps the social media giant following its acquisition by the billionaire entrepreneur.

Mamata stuns BJP, leads TMC to landslide victory in Bengal

Mamata stuns BJP, leads TMC to landslide victory in Bengal

Rediff.com3 May 2021

Belying all expectations, the Trinamool Congress registreted a landslide victory in West Bengal assembly elections, overcoming the might of the Bharatiya Janata Party after a bitter campaign that had turned into a virtual duel between Chief Minister Mamata Banerjee and Prime Minister Narendra Modi.

The fault-lines in Bengal's electoral battleground

The fault-lines in Bengal's electoral battleground

Rediff.com20 Apr 2021

Jayanta Roy Chowdhury reports on how the West Bengal elections are being fought by the BJP and Trinalool Congress amid COVID challenges, 'Bangaliana', and campaigns based on religion, region, and caste.

The Dangerous Ploy of Poll Freebies

The Dangerous Ploy of Poll Freebies

Rediff.com3 Dec 2021

The culture of freebies burdens coming generations with the huge bill for the flagrant abuse of power by preceding governments, points out Virendra Kapoor.

The T-Shirt Wars

The T-Shirt Wars

Rediff.com17 May 2022

Ajit Balakrishnan on the evolution of a cultural symbol.

'There is space for a brand like Vistara'

'There is space for a brand like Vistara'

Rediff.com17 Aug 2022

'I am seven months into the job, but it feels like seven years.'

China plans to cut GDP target to 6.5% in next 5-year plan

China plans to cut GDP target to 6.5% in next 5-year plan

Rediff.com13 Oct 2015

Recent IMF forecast said China's growth is expected to slow down.