News for 'it-services'

Rishad Premji to be non-executive chairman at Wipro

Rishad Premji to be non-executive chairman at Wipro

Rediff.com4 Jan 2020

Once implemented, Rishad Premji will be one of the youngest business leaders to don the role of non-executive chairman at a large cap Indian company.

Customs allows e-clearance for moving laptops

Customs allows e-clearance for moving laptops

Rediff.com27 Mar 2020

The Customs clearance required for moving equipment like laptops, desktops, etc out of SEZ units was delaying things as the clearance had to be taken in person after a first level of approval online.

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Rediff.com13 Jul 2020

Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.

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.

Companies need clear communication with shareholders: Rishad Premji

Companies need clear communication with shareholders: Rishad Premji

Rediff.com17 Feb 2017

'We are on a whole different level of complexities and fundamental change is happening in the industry. There is a need for organisations to design themselves to deal with such complexities.'

Over 10K drivers in London register on Ola ahead of launch

Over 10K drivers in London register on Ola ahead of launch

Rediff.com17 Dec 2019

Ola said it will not charge commission from drivers for the first two months after the launch, allowing them to retain 100 per cent of their earnings from the platform.

PIA suspends Mumbai-Karachi flight, no reasons given

PIA suspends Mumbai-Karachi flight, no reasons given

Rediff.com5 May 2017

"Apart from the current situation (prevailing tension between India-Pakistan), the suspension of the service might be due to commercial reasons as well," an official said.

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Rediff.com18 Jul 2020

Equity investors should thank cash-rich biggies such as TCS, ITC, HUL, Nestl, and Bajaj Auto for this.

Wipro Q2 net profit dips 7.6% at Rs 2,070 crore

Wipro Q2 net profit dips 7.6% at Rs 2,070 crore

Rediff.com21 Oct 2016

Wipro said it expects its IT service revenue for the October-December quarter of 2016-17 to be in the range of $1,916 million to $1,955 million

Weak rupee puts I-T firms in a spot over contract renewals

Weak rupee puts I-T firms in a spot over contract renewals

Rediff.com10 Sep 2018

Analysts are of the opinion that given the change in the business model, which is resulting in smaller deals spreading across the whole year, clients may be already renegotiating prices.

Airtel veteran Nilanjan Roy is Infy's new CFO

Airtel veteran Nilanjan Roy is Infy's new CFO

Rediff.com20 Dec 2018

Nilanjan Roy spent 13 years with Bharti Airtel, prior to which he worked for 15 years with Unilever across their global operations.

'If Voda Idea folds up it will be bad news all around'

'If Voda Idea folds up it will be bad news all around'

Rediff.com26 Feb 2020

'The government is unwilling or unable to provide the kind of relief that Vodafone India is asking for.'

Suresh Vaswani set to drive IBM's global tech services

Suresh Vaswani set to drive IBM's global tech services

Rediff.com31 Jul 2017

It looks like IBM is betting on Vaswani to replicate the success he had with Dell

Have Indian IT firms ganged up to keep salaries of freshers low?

Have Indian IT firms ganged up to keep salaries of freshers low?

Rediff.com21 Feb 2017

To attract people from tier-1 colleges IT services companies must increase payment to freshers: Mohandas Pai.

Covid: All trains, metro, inter-state buses shut till March 31

Covid: All trains, metro, inter-state buses shut till March 31

Rediff.com22 Mar 2020

The decision was taken at a high-level meeting of chief secretaries of all states and the cabinet secretary and the principal secretary to the prime minister. The districts where lockdown was announced include 10 districts each in Maharashtra and Kerala, six districts each in Uttar Pradesh and Gujarat, five each in Karnataka and Haryana, three each in Tamil Nadu and Punjab.

WFH: Vacuum cleaners, dishwashers. Check it out!

WFH: Vacuum cleaners, dishwashers. Check it out!

Rediff.com15 Jul 2020

Sweeping, swabbing, dusting, the dishes -- and the day ends in exhaustion even before it begins. So, it is no wonder that gadgets that can help ease the pressure are in hot demand, notes Pavan Lall.

Wipro Q1 net up 1.2%; announces Rs 11,000-cr share buyback

Wipro Q1 net up 1.2%; announces Rs 11,000-cr share buyback

Rediff.com20 Jul 2017

Wipro, which gets bulk of its topline from IT services, said it expects revenues from that business to be in the range of $1,962-2,001 million in the September quarter.

What to expect at Reliance AGM on Wednesday

What to expect at Reliance AGM on Wednesday

Rediff.com15 Jul 2020

Strategic direction post-COVID-19 and further details on asset monetisation are key expectations from the 43rd AGM of RIL, analysts said.

Large Indian IT firms may steal a march over global peers to clinch deals

Large Indian IT firms may steal a march over global peers to clinch deals

Rediff.com30 Dec 2019

Around 1,680 deals worth over $80 billion will be renewed next year. Among Indian vendors, Infosys, TCS, and HCL Technologies are better placed to see a higher growth rate in 2020.

HCL Tech will most likely overtake Wipro's revenue in Q1

HCL Tech will most likely overtake Wipro's revenue in Q1

Rediff.com4 May 2018

Wipro said recently it was expecting its revenue growth to drop 2.33 per cent or stay flat between $2,015 and $2065 million.

Wipro's Q3 net profit falls 5.8% to Rs 2,114.8 crore

Wipro's Q3 net profit falls 5.8% to Rs 2,114.8 crore

Rediff.com25 Jan 2017

For the March 2017 quarter, Wipro expects revenues from IT services business to be in the range of $1,922 million to $1,941 million.

TCS ranked 58th most valuable US brand

TCS ranked 58th most valuable US brand

Rediff.com9 Aug 2016

TCS' brand value grew 286 per cent from $2.3 billion in 2010 to $9.04 billion in 2016

Stockmarkets: 'We have reached a point of caution'

Stockmarkets: 'We have reached a point of caution'

Rediff.com9 Dec 2020

'The probability of this being a suckers' rally, where all kinds of beaten down stocks have begun to rally sharply, should be a time to be cautious and circumspect.'

Ola spreads wings to 2 more UK cities

Ola spreads wings to 2 more UK cities

Rediff.com2 Oct 2019

Customers in Coventry and Warwick will also enjoy competitive pricing -- with new users receiving 50 per cent off on all rides for the first two weeks, according to the company.

New Data Bill may hit tech businesses hard

New Data Bill may hit tech businesses hard

Rediff.com19 Dec 2019

'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'

How Mindtree plans to thwart L&T's takeover bid

How Mindtree plans to thwart L&T's takeover bid

Rediff.com22 Mar 2019

Mindtree plans to recommend to its investors not to subscribe to the open offer, citing low offer price, among key reasons. The founders were exploring several other options, including coming out with a counter open offer, with the backing of a financial investor.

Jio pips Airtel to 2nd spot, Trai data for May shows

Jio pips Airtel to 2nd spot, Trai data for May shows

Rediff.com19 Jul 2019

As per the latest data released by Telecom Regulatory Authority of India (TRAI), Vodafone Idea -- born last year from the merger of older operators Vodafone India and Idea Cellular -- continues to be the largest operator with 38.75 crore consumers and 33.36 per cent market share in the wireless segment as on May 31, 2019.

Infosys sets up innovation studio in London

Infosys sets up innovation studio in London

Rediff.com10 Jun 2019

The studio, covering 20,000 ft with capacity for 250 employees, has a wellness zone, a usability lab and a range of creative spaces.

Share buyback sop a major tax relief for IT biggies

Share buyback sop a major tax relief for IT biggies

Rediff.com20 Sep 2019

Indian IT companies like Tata Consultancy Services, Infosys, HCL Technologies and others have taken the buyback route to return some wealth to their shareholders, while potentially boosting their stock prices.

China's Ola of bicycles pedals into India

China's Ola of bicycles pedals into India

Rediff.com16 Jan 2018

Chinese bicycle sharing giant Ofo launches service in seven Indian cities.

How ITC Infotech plans to boost digital capabilities

How ITC Infotech plans to boost digital capabilities

Rediff.com24 Jul 2017

ITC Infotech looks to buy 'sub-$50 mn' firms

India's banking system brutally unfair: Deepak Parekh

India's banking system brutally unfair: Deepak Parekh

Rediff.com11 Oct 2019

He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values.

States' GST compensation may need to be extended

States' GST compensation may need to be extended

Rediff.com27 Nov 2019

It shows that states would require a compensation to the tune of at least Rs 1.67 trillion in 2024-25, as none of them would be able to achieve a 14 per cent growth every year.

Ola expands to Australia, begins service in Sydney

Ola expands to Australia, begins service in Sydney

Rediff.com12 Mar 2018

Uber, Ola's main competitor in Australia, currently operates in 19 cities including Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra.

Coronavirus: How India Inc is tackling the crisis

Coronavirus: How India Inc is tackling the crisis

Rediff.com5 Mar 2020

Across the country, companies have stepped up their act to contain the crisis. IT and other new economy firms seem to have taken a lead.

TCS buys digital design firm W12 Studios, its 1st acquisition in 5 years

TCS buys digital design firm W12 Studios, its 1st acquisition in 5 years

Rediff.com2 Nov 2018

W12 Studios will be part of TCS Interactive, further strengthening the already impressive array of creative and experience services it offers

India has potential for very rapid growth: Bill Gates

India has potential for very rapid growth: Bill Gates

Rediff.com17 Nov 2019

Bill Gates specifically complimented India's Aadhaar identity system and the country's performance in the financial services and pharma sectors.

Coffee Day brings in ex-CBI boss to probe Siddhartha's letter, study accounts

Coffee Day brings in ex-CBI boss to probe Siddhartha's letter, study accounts

Rediff.com31 Aug 2019

The assignment was earlier given to global audit firm EY. But it has now been reassigned owing to 'certain conflict of interest', the Bengaluru-based company said.

'Defence is a permanent start-up'

'Defence is a permanent start-up'

Rediff.com19 Jun 2020

'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'

EV start-up SmartE gets Rs 100-crore funding from Mitsui

EV start-up SmartE gets Rs 100-crore funding from Mitsui

Rediff.com22 Jul 2019

With its fleet of nearly 1,000 electric three-wheelers in Delhi-NCR, it moves around 100,000 commuters daily. The company will use the funding to rapidly increase its fleet size within Delhi-NCR as well as other key cities around the country.