News for 'software firm'

Credit card data of 1 million Domino's Pizza customers leaked

Credit card data of 1 million Domino's Pizza customers leaked

Rediff.com20 Apr 2021

Domino's India data that included sensitive customer information such as their names, phone numbers, and credit card details has allegedly been breached and put on sale on the dark web. According to tweets by Israel-based Co-Founder and Chief Technology Officer of cybercrime intelligence firm Hudson Rock, Alon Gal, the data is worth 13 terabytes (TB). He tweeted on Sunday that the data includes as many as 180 million order details, including 1 million credit card details. The data, said Gal, was up for sale on the dark web. The threat actor, he said, was asking for $550,000 for the data.

IT cos on edge as major deals come up for renewal

IT cos on edge as major deals come up for renewal

Rediff.com25 Apr 2017

Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.

India Inc faces a cyber attack every 10 hours

India Inc faces a cyber attack every 10 hours

Rediff.com3 May 2016

India continues to rank as the third top source of overall malicious activity including spam, malware, phishing hosts and bots

TCS reports 13.8% fall in net profit in fully locked down Q1

TCS reports 13.8% fall in net profit in fully locked down Q1

Rediff.com9 Jul 2020

TCS CEO and MD Rajesh Gopinathan said the company believes the coronavirus impact has "bottomed out" and that TCS should now start tracing its path to growth.

India's Quest For A Role In The Future Of Semiconductors

India's Quest For A Role In The Future Of Semiconductors

Rediff.com28 Dec 2021

'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.

PE deals jump 108% to $33.8 bn in 2020: Report

PE deals jump 108% to $33.8 bn in 2020: Report

Rediff.com6 Jan 2021

Close to $18 billion that Reliance Jio and Reliance Retail mopped up from a slew of private equity transactions in 2020 has pushed up the money inflows through this route by 108 per cent to $33.8 billion, according to an industry report. As per the data collated by Refinitiv, private equity investments increased 108 per cent in 2020 over the previous year, with the number of deals jumping from 665 in 2019 to 791 in 2020 at $33.8 billion, despite the pandemic. In 2019, total PE deals stood at $16.2 billion. Most of the fund inflows were in the third quarter, fetching $24 billion, which, however, tapered off in Q4 to just about $4.57 billion, as per the data from the agency that tracks financial transactions at a global level.

'Google tax' may be deferred till September

'Google tax' may be deferred till September

Rediff.com14 May 2020

E-commerce giants such as Amazon, Netflix and Flipkart, whose headquarters are not in India, potentially have to pay the additional levy of 2 per cent from April 1.

Five Indian-Americans in Forbes list of US' richest

Five Indian-Americans in Forbes list of US' richest

Rediff.com30 Sep 2014

Five Indian-Americans have been named among the 400 richest people in the US by Forbes, a list topped by Microsoft co-founder Bill Gates for the 21st year in a row with a net worth of $81 billion.

Individual e-filing of I-T returns likely from mid-April

Individual e-filing of I-T returns likely from mid-April

Rediff.com3 Apr 2016

Last year, the e-filing commenced on July 1 as there was delay in finalisation of the ITR forms

Motorola's dreams held firm by its backbone

Motorola's dreams held firm by its backbone

Rediff.com12 Mar 2015

For Motorola, there is one mega distributor, Flipkart.

What will IAF do with Air India's A-320s?

What will IAF do with Air India's A-320s?

Rediff.com1 Jan 2021

The airliners will be withdrawn from Air India, sent to France to fit airborne radars, then handed over to DRDO to be integrated with the complex software that will allow these aircraft to function as 'eye-in-the-sky' controllers of air force battles.

IT firms to see robust revenue growth

IT firms to see robust revenue growth

Rediff.com2 Oct 2003

Top tier Indian software companies should see strong topline growth in FY04 due to the country's emergence as an attractive destination for outsourcing, according to credit rating agency ICRA's report on information technology.

5 highest paid CEOs of Indian IT companies

5 highest paid CEOs of Indian IT companies

Rediff.com5 Jan 2018

With a total compensation of Rs 1,500 million, C P Gurnani of Tech Mahindra is the highest paid CEO of a tech firm.

Indian IT firms hail US court order

Indian IT firms hail US court order

Rediff.com26 Sep 2003

With revenue of $31 mn, ignio is another feather in TCS cap

With revenue of $31 mn, ignio is another feather in TCS cap

Rediff.com14 Aug 2018

ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space

Exclusive! Intel alert warns of 'lone wolf' ISIS attacks in India

Exclusive! Intel alert warns of 'lone wolf' ISIS attacks in India

Rediff.com4 Nov 2014

Those who have already joined the ISIS have the potential to create a network of similarly motivated youth. It is from this breed of self-radicalised, semi-skilled professionals that a potential attacker is likely to emerge, reports R S Chauhan.

34 Indian firms in Forbes' 2000 corporate titans

34 Indian firms in Forbes' 2000 corporate titans

Rediff.com30 Mar 2007

Citigroup has been ranked number 1 in Forbes 2000. Following it are Bank of America, HSBC Holdings, General Electric, JP Morgan Chase, American Intl Group, and ExxonMobil.

How footprints of Indian-origin corporate honchos are expanding

How footprints of Indian-origin corporate honchos are expanding

Rediff.com1 Dec 2020

The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.

Two Nasscom groups to educate IT firms

Two Nasscom groups to educate IT firms

Rediff.com8 Apr 2003

A domestic policy group would focus on issues related to service taxes, Data Protection Act and Indian Copyright Act. The international group would address global policy issues like WTO, besides visa and work permit matters.

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.

Vadodara to be hub for US IT firm

Vadodara to be hub for US IT firm

Rediff.com19 Jan 2007

The company is already planning a second centre in India, most probably on the outskirts of Maharashtra, which would supplement the Vadodara centre.

How start-ups, IT cos helping staff tackle Covid blues

How start-ups, IT cos helping staff tackle Covid blues

Rediff.com20 May 2021

As the deadly second wave of the Covid-19 pandemic rages on, startups and technology firms are realising the burnout effect it is having on employees. Many have shortened their work weeks to four days, while others have made provisions for more time off for employees to help them rejuvenate or care for loved ones.

Infosys Q2 profit up 11.9%; raises revenue forecast for FY22

Infosys Q2 profit up 11.9%; raises revenue forecast for FY22

Rediff.com13 Oct 2021

India's second largest IT services company Infosys on Wednesday said its consolidated net profit grew by 11.9 per cent to Rs 5,421 crore for the September 2021 quarter. Infosys had clocked a net profit of Rs 4,845 crore in the same period last fiscal, according to a regulatory filing. The Bengaluru-based company saw its revenues rising by 20.5 per cent to Rs 29,602 crore in the quarter under review (Q2FY22) from Rs 24,570 crore in the year-ago period.

How many IT jobs will actually be created this year?

How many IT jobs will actually be created this year?

Rediff.com3 Nov 2017

The pace of job generation has slowed as IT firms look at automation to do testing

How F C Kohli and TCS conquered the world

How F C Kohli and TCS conquered the world

Rediff.com7 Dec 2020

Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.

MapMyIndia plans to go public, raise Rs 1,200 crore

MapMyIndia plans to go public, raise Rs 1,200 crore

Rediff.com30 Aug 2021

India's first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready with its draft red herring prospectus documents and is likely to file as early as next week. While the money will be used for business expansion, it will also give MapMyIndia's early investors, including Qualcomm, PhonePe, and Japanese mapmaker Zenrin Co., a chance to exit. The Verma family, which founded the company, will continue to remain promoters.

RIL strikes 5th deal, sells 2.32% in Jio Platforms to KKR

RIL strikes 5th deal, sells 2.32% in Jio Platforms to KKR

Rediff.com22 May 2020

Diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity.

IT firms may delay foreign acquisition plans

IT firms may delay foreign acquisition plans

Rediff.com21 Aug 2013

While the depreciation of the rupee would not have much impact on large players such as Infosys ,TCS and Wipro,their smaller peers, might have to postpone acquisition activity.

How Zeus Numerix will make Indian warships invisible

How Zeus Numerix will make Indian warships invisible

Rediff.com13 Apr 2021

Rather than going through the tedious, hit-or-miss process of physically designing hull forms and superstructures for warships and then determining how visible they are to radar, the company will simulate this process on supercomputers.

When R K Krishna Kumar Spoke To Rediff

When R K Krishna Kumar Spoke To Rediff

Rediff.com2 Jan 2023

Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.

Digital lenders step up to help early-stage startups

Digital lenders step up to help early-stage startups

Rediff.com14 Jun 2020

In order to make it hassle-free, various start-up support groups such as TiE (The Indus Entrepreneur) and India Angel Network (IAN) are partnering with the digital NBFCs to extend debt finance to their member companies.

PE inflows jump 118% in H1 to $11.82 bn

PE inflows jump 118% in H1 to $11.82 bn

Rediff.com8 Jul 2021

Fund inflows jumped over 77 per cent in the second quarter of 2021 to $7.55 billion compared to $4.26 billion in the first quarter, according to the data collated by Refinitiv, the London Stock Exchange Group's financial markets data and insights arm. However, volume growth was a tepid 8.8 per cent in Q2 at 296 transactions up from 272 in Q1, totalling the counts in the first half to 568, against 365 transaction in the year-ago period. Total inflows in the first half of 2020 were $5.43 billion across 365 deals, while in the first quarter these were $3.92 billion across 183 deals and the second quarter at $1.51 billion across 182 deals, according to Refinitiv.

TCS Q4 net profit rises 17.7% to Rs 8,126 crore

TCS Q4 net profit rises 17.7% to Rs 8,126 crore

Rediff.com12 Apr 2019

Revenue of the Mumbai-based firm grew 18.5 per cent in the quarter under review to Rs 38,010 crore from Rs 32,075 crore in the corresponding period last fiscal.

Adani earned over Rs 1,000 crore daily this year

Adani earned over Rs 1,000 crore daily this year

Rediff.com30 Sep 2021

India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 365,700 crore or more than Rs 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark. Geographically, five more cities are home to super-rich taking the total number of super-rich cities to 119 and these 1,007 individuals cumulatively added 51 per cent more wealth in 2021. The average wealth increased by 25 per cent this year that also saw the livelihoods of thousands of people being hit by the coronavirus pandemic.

Silver Lake's love affair with India continues

Silver Lake's love affair with India continues

Rediff.com25 Sep 2020

The PE biggie has committed to pumping money into Jio Platforms, Byju's and Reliance Retail so far this year - all marquee names in their respective sectors.

TCS Q3 net up marginally at Rs 8,118 crore

TCS Q3 net up marginally at Rs 8,118 crore

Rediff.com17 Jan 2020

Revenue of the Mumbai-based firm grew 6.7 per cent in the quarter under review to Rs 39,854 crore from Rs 37,338 crore in the corresponding period of the last fiscal.

The Importance Of Nancy Pelosi

The Importance Of Nancy Pelosi

Rediff.com3 Aug 2022

Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.