News for 'digital transformation'

When Sudha, Narayana Murthy Broke Up

When Sudha, Narayana Murthy Broke Up

Rediff.com19 Feb 2024

After agonizing over this for weeks, he made a decision. When they met after work one evening, he startled her by blurting out, 'I think we should break up.' A moving excerpt from Chitra Banerjee Divakaruni's An Uncommon Love: The Early Life of Sudha and Narayana Murthy.

India Inc's Q3 operating margin may drop by 100-120 bps

India Inc's Q3 operating margin may drop by 100-120 bps

Rediff.com11 Jan 2022

The operating margin of India Inc is likely to drop in the December quarter with a 100-120 bps year-on-year decline, as 27/40 sectors are set to see crimped margins despite higher revenue, according to a report. Surging commodity prices and price hikes may help companies report a healthy 16-17 per cent revenue growth to Rs 9.1 lakh crore during the quarter ending December, the Crisil report said on Tuesday. Software major TCS will open the earnings season Wednesday.

Facebook's Hate Content Crisis is Ajit Mohan's biggest headache

Facebook's Hate Content Crisis is Ajit Mohan's biggest headache

Rediff.com28 Sep 2020

'The reality is no one, including some of the names that have shown up in the last few weeks, have any unilateral decision-making power in this,' Facebook India MD Ajit Mohan tells Peerzada Abrar.

Shoppers need not stop: Dynamics of in-store payments is being rewritten

Shoppers need not stop: Dynamics of in-store payments is being rewritten

Rediff.com12 Jun 2023

In March this year, Worldline India launched Vabox (Voice Alert Box): merchants will now get instant audio alerts on the settlement of UPI (Unified Payments Interface) payments via QR codes in languages of their choice when customers check out. "They needn't worry whether the amount has been credited to their account," says Gulshan Pruthi, the firm's executive vice-president. The French payments giant will roll out 500,000 Vaboxes in the initial phase.

Parl passes bill allowing govt to take control of telecom services

Parl passes bill allowing govt to take control of telecom services

Rediff.com21 Dec 2023

The Bill allows stopping of transmission and intercepting messages in case of public emergency, in the interest of the public, to prevent incitement for committing offence.

Don't panic, outlook for Indian IT sector is optimistic

Don't panic, outlook for Indian IT sector is optimistic

Rediff.com2 Jun 2017

Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Rediff.com15 Sep 2020

As a venture partner, DVP said that Neemuchwala would be bringing deep technology expertise and invaluable experience of building businesses.

Large IT outsourcing contracts are up for grabs as clients optimise cost

Large IT outsourcing contracts are up for grabs as clients optimise cost

Rediff.com2 Jan 2021

Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.

Adani's Dharavi dream: Producing millionaires minus slumdog prefix

Adani's Dharavi dream: Producing millionaires minus slumdog prefix

Rediff.com20 Jul 2023

Billionaire Gautam Adani on Wednesday shared a personal note on the development of Dharavi in Mumbai, days after the Maharashtra government issued a resolution to award the Dharavi redevelopment project to his conglomerate on July 14. In the note shared with the media, Adani said his first tryst with Dharavi in Mumbai was in the late 1970s, and the slum settlement continues to amaze and inspire the billionaire to date. "When this opportunity to renew Dharavi came calling, I seized it with both hands," he 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.

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Rediff.com30 Aug 2023

Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.

Industry lauds PM's vision of 'techade'

Industry lauds PM's vision of 'techade'

Rediff.com15 Aug 2022

Prime Minister Narendra Modi's call to make this decade a "techade" for India and the push for 5G, semiconductors and transformation through digital services is going to boost the technology sector in the country, industry players said on Monday. Modi, in his speech on the 76th Independence Day, touched upon all-round development of technology in the country, from 5G to push for electronic chips, laying of optical fibre cable (OFC) network across villages and enablement of digital entrepreneurship in villages through Common Services Centres, making the present decade as "techade" for India. Homegrown mobile devices maker Lava International's Chairman and Managing Director Hari Om Rai said electronics and technology sectors create about $4 trillion of revenue.

5G mobiles account for 22% of India's smartphone shipment

5G mobiles account for 22% of India's smartphone shipment

Rediff.com9 Nov 2021

Shipment of 5G smartphones in the country continues to gain traction and such devices accounted for 22 per cent market share in the third quarter of 2021, according to CMR. As per CMR's India Mobile Handset Market Review Report for Q3 2021, more than 20 5G-capable smartphones were launched over the course of the quarter.

Will visa curbs in US bring good news for techies in India?

Will visa curbs in US bring good news for techies in India?

Rediff.com5 Jan 2018

Global IT firms seeing dearth of talent in countries such as US, looking for people with such skills from countries like India

How Air India Got Funds To Buy Planes

How Air India Got Funds To Buy Planes

Rediff.com8 Jul 2023

'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'

JioMart morphs into e-marketplace to take on Amazon and Flipkart

JioMart morphs into e-marketplace to take on Amazon and Flipkart

Rediff.com26 Sep 2022

Reliance Retail's digital commerce platform JioMart will morph into an e-marketplace offering multiple brands - from electronics, consumer durables, fashion and lifestyle, beauty, home, kitchen, and grocery - as it girds up to take on the likes of Amazon and Flipkart ahead of the festival season sales. India's largest retailer was in the process of onboarding third-party sellers these past few months, further increasing its selection across categories multifold. Its website and application offers general merchandise as well.

8 exciting tech careers for Indian engineers

8 exciting tech careers for Indian engineers

Rediff.com11 Feb 2020

There is a high demand for IT professionals who can envision, design and develop applications for the future.

Engineering, telecom, healthcare to add 12 mn jobs by FY26

Engineering, telecom, healthcare to add 12 mn jobs by FY26

Rediff.com27 Mar 2022

Engineering, telecom and healthcare sectors are likely to add close to 12 million new jobs by FY26, largely due to the focus on recovery along with technology proliferation and digitisation in these segments, according to a report. A report by TeamLease Digital, the staffing division of TeamLease Services, said specialised staff or professional staff with high-skill and expertise will form nearly 17 per cent of the overall jobs created. The report -- titled 'Professional Staffing - Digital Employment Trends Report' -- is a qualitative research that has surveyed and interviewed more than 750 employers/ leaders from across engineering, telecom and healthcare sectors.

Jaishankar begins UNGA speech with 'Namaste from Bharat'

Jaishankar begins UNGA speech with 'Namaste from Bharat'

Rediff.com26 Sep 2023

India on Tuesday told the UN General Assembly that the days when a few nations set the agenda and expected others to fall in line are over, underlining that its presidency of the G20 sought to focus on key concerns of the many, not just the narrow interests of a few.

Ernst & Young to hire 9,000 techies in 2021

Ernst & Young to hire 9,000 techies in 2021

Rediff.com24 Dec 2020

Global professional services organisation Ernst & Young Services on Thursday said it will hire about 9,000 new workforce in India in 2021, in various technology roles across all member firms. These hires will be from the STEM (science, technology, engineering, and mathematics) background and in areas including artificial intelligence, machine learning, cyber security, analytics and other emerging technologies, EY said in a statement.

'Many Indian unicorns have set up businesses in Dubai'

'Many Indian unicorns have set up businesses in Dubai'

Rediff.com16 Sep 2023

'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Rediff.com25 Apr 2023

Kerala Governor Arif Mohammed Khan, Chief Minister Pinarayi Vijayan and Congress MP Shashi Tharoor were also present with the PM as he interacted with the students inside the train.

Infosys Q2 net profit up 11% to Rs 6,021 crore

Infosys Q2 net profit up 11% to Rs 6,021 crore

Rediff.com13 Oct 2022

Infosys on Thursday posted an 11 per cent year-on-year rise in consolidated net profit to Rs 6,021 crore for the September quarter and also announced a share buyback programme worth Rs 9,300 crore. The IT major will also pay an interim dividend totalling Rs 6,940 crore to the shareholders. The net profit of India's second largest IT services company stood at Rs 5,421 crore in the same period a year ago.

Happiest Minds: Ashok Soota to score big in second innings

Happiest Minds: Ashok Soota to score big in second innings

Rediff.com22 Jul 2016

Happiest Minds expects revenue to touch $100 mn in 3 years, the fastest in India's tech services sector.

Six months in power: Modi's 6 big ideas to transform India

Six months in power: Modi's 6 big ideas to transform India

Rediff.com25 Nov 2014

Partial dismantling of subsidies, movement towards a more transparent policy on natural resources and moves to make India more inviting for foreign investors, are some of Modi government's big achievements.

Starbucks names Laxman Narasimhan as its new CEO

Starbucks names Laxman Narasimhan as its new CEO

Rediff.com2 Sep 2022

Laxman Narasimhan, a veteran in leading and advising global consumer-facing brands, has been named as the new CEO of coffee giant Starbucks, joining a growing cohort of Indian-origin business leaders at the helm of global corporations.

How Hindustan Unilever plans to fight toxic ads

How Hindustan Unilever plans to fight toxic ads

Rediff.com7 Apr 2019

By toxic, the reference is to material that whips up hatred, is discriminatory in nature and has explicit sexual and pornographic content.

Samsung brings Galaxy S10 to India, offers 1TB storage in + variant

Samsung brings Galaxy S10 to India, offers 1TB storage in + variant

Rediff.com6 Mar 2019

Galaxy S10+ will be available in 1 TB, 512GB and 128 GB storage variants and will be priced at Rs 1,17,900, Rs 91,900 and Rs 73,900, respectively. The Galaxy S10, on the other hand, will retail for Rs 84,900 (512 GB variant) and Rs 66,900 (128 GB). S10e would be available in only 128 GB storage variant and will be priced at Rs 55,900.

Lessons For The World From 2023

Lessons For The World From 2023

Rediff.com29 Dec 2023

One looks upon the coming new year with foreboding as current wars in Ukraine and Gaza spill over and escalate and new ones erupt in incipient fault lines across the world, notes former foreign secretary Shyam Saran.

RBI prevented complete collapse of economy: Das

RBI prevented complete collapse of economy: Das

Rediff.com2 Nov 2022

RBI Governor Shaktikanta Das on Wednesday defended the Reserve Bank's handling of the price situation, saying acting prematurely on inflation would have exerted a heavy cost on the economy and citizens. Acknowledging that the inflation target has been missed, Das said the RBI decided to support the economy by not introducing a rate hike in face of a spike in inflation. "We prevented a 'complete collapse of the economy' by keeping rates lower and stayed away from premature tightening," Das said speaking at the annual FIBAC conference of bankers in Mumbai.

Mahindra's ambitious plan to become future-ready

Mahindra's ambitious plan to become future-ready

Rediff.com13 Nov 2017

E-mobility is only one among the several fronts on which Mahindra is waging a battle of aspirations, to future-proof the $19-billion tractor-to-technology conglomerate, says Nikhil Inamdar.

Banks And Fintech Both Need Each Other

Banks And Fintech Both Need Each Other

Rediff.com2 Dec 2021

The fundamental issue between banks and fintech would be who will own the customer and who will be the service provider.

Indian start-ups shun China, turn to US firms for fund

Indian start-ups shun China, turn to US firms for fund

Rediff.com27 Jul 2020

India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.

Whither Digital India? Budget 2016 offers little for startups

Whither Digital India? Budget 2016 offers little for startups

Rediff.com1 Mar 2016

There has been nothing consolidated in the Budget for this section that may transform entrepreneurship in any meaningful way

Jugaad An Insult To Indian Innovation?

Jugaad An Insult To Indian Innovation?

Rediff.com6 May 2022

'When resources are few; when frugality demands repairing a broken thing rather than replacing it with a brand new and expensive option, enterprising commoners in rural and urban India improvise on a daily basis and solve their problems with whatever they have,' observes Shivanand Kanavi.

Placements: Why engineering grads at NITIE are happy

Placements: Why engineering grads at NITIE are happy

Rediff.com23 Mar 2018

The highest salary rose by 14.22 per cent from last year.

TCS chief on the challenges facing the company

TCS chief on the challenges facing the company

Rediff.com17 Oct 2016

Macro environment, tech shift main challenges now: N Chandrasekaran

Your data, a marketer's gold

Your data, a marketer's gold

Rediff.com13 Sep 2017

Your digital footprints give marketers deeper insights about who their customers are.

Amazon to end JV with Murthy's Catamaran Ventures from May 2022

Amazon to end JV with Murthy's Catamaran Ventures from May 2022

Rediff.com10 Aug 2021

E-commerce giant Amazon and Infosys co-founder N R Narayana Murthy's Catamaran Ventures have "mutually decided" to not continue their joint venture (JV) beyond the end of its current term. The JV, Prione Business Services, which has been running successfully for the past seven years, was coming up for renewal on May 19, 2022. The JV enabled over 300,000 sellers and entrepreneurs to go online. It also enabled 4 million merchants with digital payment capabilities, providing these small and medium-sized businesses (SMBs) and merchants access to millions of customers across the country.

Centre to set up 'PM Shri Schools' as a 'laboratory of NEP'

Centre to set up 'PM Shri Schools' as a 'laboratory of NEP'

Rediff.com2 Jun 2022

Union Education Minister Dharmendra Pradhan on Tuesday said the Centre is planning to set up 'PM Shri Schools' which will be aimed at preparing students for future and will be the laboratory of new National Education Policy (NEP). nbsp