News for 'technology-group'

NSEL scam: Jignesh Shah, Javalgekar get judicial remand

NSEL scam: Jignesh Shah, Javalgekar get judicial remand

Rediff.com19 May 2014

The court, later in the day, allowed his application.

Staff commits suicide at China's big electronic co

Staff commits suicide at China's big electronic co

Rediff.com25 May 2010

An employee of Foxconn Technology Group jumped to death from a building at the company's plant in Shenzhen on Tuesday, adding one more to the latest in a string of such deaths, official Xinhua newsagency reported.

 Google to buy ITA Software for $700 mn

Google to buy ITA Software for $700 mn

Rediff.com2 Jul 2010

Search engine giant Google has said it will buy travel technology group ITA Software Inc for $700 million in an all cash deal a move that will improve the online flight information it offers to customers.

 ABB plans Rs 4,400-cr buyback offer to raise stak

ABB plans Rs 4,400-cr buyback offer to raise stak

Rediff.com18 May 2010

ABB, a global power and automation technology group, will offer shareholders of ABB Ltd, its listed subsidiary in India, Rs 900 per share to increase stake in the company to 75 per cent from the present 52.1 per cent.

'Make in Maharashtra' receives good response from China, says CM

'Make in Maharashtra' receives good response from China, says CM

Rediff.com19 May 2015

CM makes 'Make in Maharashtra' pitch to China.

MCX-SX gets new CEO; shareholders to infuse fresh capital

MCX-SX gets new CEO; shareholders to infuse fresh capital

Rediff.com3 Jan 2014

MCX Stock Exchange, set up by crisis-hit NSEL's promoters, on Friday appointed Saurabh Sarkar as CEO and announced plans for fresh capital infusion by its existing shareholders among measures to boost business.

MCX-SX to dilute stake to 5% by Sep 2010

MCX-SX to dilute stake to 5% by Sep 2010

Rediff.com9 Nov 2009

The exchange's promoters-- Financial Technologies (India) Ltd and commodity bourse Multi Commodity Exchange (MCX)-- have already divested 30 per cent stake in the stock exchange to various public and private banks and institutions.

The 'largest investor' in NSEL who exited unscathed

The 'largest investor' in NSEL who exited unscathed

Rediff.com7 Aug 2014

Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.

'Few Indians do world-class research in India'

'Few Indians do world-class research in India'

Rediff.com7 Oct 2008

Romesh Wadhwani, founder of the Symphony Technology Group and the Wadhwani Foundation, which promotes the National Entrepreneurship Network, says our best scientists and researchers do not do their research in India because of the many obstacles they face; from the lack of focus on research to lack of equipment and supplies.

Ex-bureaucrat blames former employees for NSEL crisis

Ex-bureaucrat blames former employees for NSEL crisis

Rediff.com24 Mar 2014

A major payment crisis involving Rs 5,600 crore (Rs 56 billion) broke out at National Spot Exchange last year.

Court extends police custody of Jignesh Shah

Court extends police custody of Jignesh Shah

Rediff.com15 May 2014

The sessions court on Thursday extended the police custody of the Financial Technologies and Multi Commodities Exchange (MCX) promoter Jignesh Shah and former managing director and chief executive of the commodity exchange Shreekant Javalgekar till May 19.

Yahoo's technology head resigns

Yahoo's technology head resigns

Rediff.com31 May 2007

Internet major Yahoo Inc's chief technology officer has expressed his inclination to resign, the company revealed in a US Securities and Exchange Commission filing on May 30.

Cisco sets up 1st overseas business unit at B'lore

Cisco sets up 1st overseas business unit at B'lore

Rediff.com28 Jun 2007

Signalling its increasing dependence on India for R&D requirements, Cisco, the global networking solutions provider, has set up a new business unit in Bangalore - the first by the company to be based outside the US.

Harman acquires Romesh Wadhwani group's Symphony Teleca

Harman acquires Romesh Wadhwani group's Symphony Teleca

Rediff.com24 Jan 2015

In one of the biggest deals in the outsourced product development (OPD) market, audio and infotainment systems maker Harman International Industries will buy Indian-born serial entrepreneur Romesh Wadhwani's Symphony Teleca for $780 million (about Rs 4,800 crore at Friday's exchange rate of 61.4).

Softbank's big-ticket investments in India

Softbank's big-ticket investments in India

Rediff.com22 Jun 2016

With Nikesh Arora's exit from Softbank, India's start-ups have lost one of its biggest supporters.

Financial Technologies' exchanges abroad under lens

Financial Technologies' exchanges abroad under lens

Rediff.com31 Aug 2013

Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind

Wipro, Oracle ink pact

Wipro, Oracle ink pact

Rediff.com14 Dec 2006

Wipro Infotech, Oracle India and Mumbai-based media and entertainment technology group Media e2e have formed a media technology consortium

STG to consider granting of options

STG to consider granting of options

Rediff.com25 Jan 2003

A meeting of the Board of Directors of Software Technology Group International Ltd will be held on January 29, 2003 to consider granting of options if any to eligible employees of the company as per scheme approved by the members at the AGM held on D

Fin Tech sells 1% in Dubai bourse for $12.5 mn

Fin Tech sells 1% in Dubai bourse for $12.5 mn

Rediff.com4 Apr 2007

The deal values DGCX, which started operations one and a half years ago, at a whopping $1.25 billion.

Chinese firm mulling $10mn plant in India

Chinese firm mulling $10mn plant in India

Rediff.com14 Oct 2006

China Chongqing Yuan Innovation Technology Group, a Chinese firm, is exploring the possibility of setting up a $10 million plant in India to manufacture motorcycles and spare parts.

Genpact wins $60-mn German contract

Genpact wins $60-mn German contract

Rediff.com19 Jan 2006

Third-party BPO company Genpact on Thrusday said it has signed a multi-year contract with Germany-based technology group Linde to provide finance and accounting services, valued at over $60 million.\n\n

Foxconn eyeing Ahmedabad, Gurgaon to make iPhones

Foxconn eyeing Ahmedabad, Gurgaon to make iPhones

Rediff.com2 Jan 2017

The Taiwanese maker is adopting a model of setting up smartphone assembly lines in multiple cities across India.

Foxconn plans e-commerce platform in India

Foxconn plans e-commerce platform in India

Rediff.com18 Aug 2015

India's e-commerce sector is expected to touch $22bn in 2015.

Sony signs up as FIFA sponsor

Sony signs up as FIFA sponsor

Rediff.com6 Apr 2005

Sony signed a 305 million dollar deal with FIFA, its first global sponsorship agreement.

ABB to set up engineering centre in India

ABB to set up engineering centre in India

Rediff.com27 Oct 2004

ABB, a leading power and automation technology group, announced on Wednesday its decision to establish a dedicated engineering and operations centre in India.

SAP to hire 2,000 more in India

SAP to hire 2,000 more in India

Rediff.com4 Jul 2005

Leading business software solutions provider SAP on Monday said it plans to double its headcount in India to 4,000 by 2006.

Why cold technology is vital

Why cold technology is vital

Rediff.com29 Dec 2004

Infosys' tryst with Kumbh Mela

Infosys' tryst with Kumbh Mela

Rediff.com15 Jan 2015

Sikka promises to develop tech for event

Nilekani, Bajaj bag awards for philanthropy

Nilekani, Bajaj bag awards for philanthropy

Rediff.com2 Dec 2013

As many as 11 people, including members from the influential Nilekani, Bajaj and Godrej families, were honoured for their outstanding contribution towards the good of the society at Forbes India Philanthropy Awards.

NSEL scam: Police starts attachment of borrowers' properties

NSEL scam: Police starts attachment of borrowers' properties

Rediff.com8 Nov 2013

The Mumbai Police, probing the Rs 5,600-crore (Rs 56 billion) scam at the National Spot Exchange has initiated the process of attaching about 25 immovable assets of the borrowers and has shortlisted nearly 100 properties of all the accused in the case, a senior police official said.

Aircraft makers come alive to India

Aircraft makers come alive to India

Rediff.com21 Dec 2004

Jignesh Shah arrested in NSEL scam

Jignesh Shah arrested in NSEL scam

Rediff.com7 May 2014

Shah came under scanner last year, when his group company NSEL faced a payment crisis and nearly 18,000 investors allegedly lost millions in late July.

Mass switch to JioPhone may hit Samsung, others

Mass switch to JioPhone may hit Samsung, others

Rediff.com31 Jul 2017

Samsung makes the largest number of non-4G feature phones in India

Deloitte to double staff in India

Deloitte to double staff in India

Rediff.com7 Jun 2003

Will aggressively defend against tax demand: IBM

Will aggressively defend against tax demand: IBM

Rediff.com4 Dec 2013

US-based technology major IBM is contesting a claim of the revenue department which has increased the company's taxable income substantially to around Rs 11,000 crore (Rs 110 billion).

Microsoft sells Nokia branding rights to HMD Global, Foxconn

Microsoft sells Nokia branding rights to HMD Global, Foxconn

Rediff.com18 May 2016

Nokia Technologies will receive royalty payments from HMD for sales of Nokia-branded mobile products, covering both the brand and the intellectual property rights.

Premji, Shiv Nadar in Forbes list of 100 richest tech tycoons

Premji, Shiv Nadar in Forbes list of 100 richest tech tycoons

Rediff.com11 Aug 2016

Microsoft founder Bill Gates with an estimated fortune of $78 billion heads the list

How Modi scored an own goal

How Modi scored an own goal

Rediff.com20 Jul 2018

'The Modi government's greatest blunder is to exploit sensitive external relations in its domestic politics,' says Shekhar Gupta.

'Indiawallah' to be prestigious Wadhwani Chair

'Indiawallah' to be prestigious Wadhwani Chair

Rediff.com23 Jan 2014

'In the time I have been an Indiawallah, I have seen three US Presidential visits to India, nuclear sanctions, nuclear cooperation, a border conflict with Pakistan, the growth of IT services, a government losing a confidence vote, and so much more,' Rick Rossow, the new Wadhwani Chair in US-India Policy Studies tells Rediff.com's Aziz Haniffa.