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About 115 results for "it business"

Why Narayana Murthy must be brought back to Infosys
Rediff.com

Why Narayana Murthy must be brought back to Infosys

Describing Murthy as a business icon, T V Mohandas Pai, former CFO of Infosys, said he is more than eminently suited to hold the position of Chairman Emeritus. Former chief financial officer of Infosys, T V Mohandas Pai, has pitched for the return of company's co-founder N R Narayana Murthy as Chairman Emeritus, saying the move would improve its brand and assure investors about adherence to high corporate governance standards. He also pushed for nominating two new board members representing ... Rediff.com, 5 days ago

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Rediff.com

Two Indian companies and 10,000 kg gold!

Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.Dilasha Seth and Rajesh Bhayani report. Only two entities have together imported close to 10,000 kg of gold from India's free trade partner of South Korea since July, after implementation of the goods and services tax. These imports in the form of coins and medallions have ...
 Rediff.com5 days ago
Rediff.com

What I do, where I go, what time I go, is my business: Varnika Kundu

Refusing to succumb to political attacks launched at her, Varnika Kundu, the victim of alleged stalking and harassing by two men, including Vikas Barala, son of BJP Haryana unit President Subhash Barala, lashed out at her critics, saying nobody had the right to point fingers at her character, and the time of the incident."Where I go at what time, and what I do is none of anybody's business. This should not be a means of judging any woman's character. When a man does certain ...
 Rediff.com1 week ago
Rediff.com

Bombay House to be shut for about a year

Bombay House will be closed for business as it goes for renovation - its first such closure in 93 years Natarajan Chandrasekaran is known to be a marathon man. But ever since he has taken over as Tata Sons chairman, he seems to be in a continuous sprint. Five months after he occupied the corner office at Bombay House, Chandra, as he is popularly known, has decided to renovate the country’s largest conglomerate’s iconic head office. The Bombay House, located at Fort, will be closed ...
 Rediff.com1 week ago
Rediff.com

Emami keen to spread its wings in health care

In the past, the firm also acquired the Zandu brand which opened up its presence in the balms business Consumer goods entity Emami, known to have grown its portfolio and market share by acquisition in segments it hitherto wasn’t present in, is eyeing further acquisitions this year, to grow its health care and personal care products. “We are open to acquiring both small-sized and big companies, provided the brand value and business model is good. We can acquire companies with Rs ...
 Rediff.com1 week ago
Rediff.com

Lessons to learn from a dying business

K Vaitheeswaran, co-founder of Indiaplaza, one of India's first e-commerce companies, shares the lessons he learnt from its failure. Illustration: Uttam Ghosh/Rediff.com Online retail, if run smartly, needs negative working capital and, to achieve this goal, we had negotiated average 40 per cent gross margins at 90 days' credit with most book publishers. Flipkart, only an online bookstore then, started shipping large volumes by selling below cost and with free shipping. Flush with early ...
 Rediff.com2 weeks ago Lessons from Snapdeal's failures  Rediff.com6 days ago
Rediff.com

India's hotels business: 'Lots of Chinese capital will come in'

'Jin Jiang had invested in Louvre Hotels.''Louvre, a couple of months ago, took a majority in Sarovar hotels.''So they are coming in now.''Look at the Chinese -- two quarters ago they took 25 percent in Hilton.'And then HNA also took majority in Carlson (Radisson).' By the end of June the Ginger chain of hotels, run by Roots Corporation Limited, a subsidiary of Indian Hotels Company Limited, had opened two more hotels. One in Gurgaon. The second in Andheri, north west Mumbai. Ginger started ...
 Rediff.com2 weeks ago
Rediff.com

Hizbul Mujahideen designated as Foreign Terrorist Organisation by US

US Department of State has designated Hizbul Mujahideen as a Foreign Terrorist Organisation. Earlier in June ahead of a visit to Washington by Indian Prime Minister Narendra Modi, the US had declared Syed Salahuddin, the chief of the terror group, as a global terrorist. Salahuddin has vowed to continue fighting until India relinquishes control of Kashmir.The designation blocks any assets the group may have in US jurisdictions and bars Americans from doing business with it.Image: ...
 Rediff.com2 hours ago
Rediff.com

'Aunt' Venus gearing up for arrival of new family member and the US Open

IMAGE: Venus Williams is busy online shopping for her soon-to-arrive niece or nephew. Photograph: Quinn Rooney/Getty Images Seven-time Grand Slam Champion Venus Williams has revealed that she has been preparing well for the fourth major of the season -- US Open -- as well to become a new aunt with her younger sister Serena due to give birth to her first child next month. The American tennis star stormed into the second round of the 2017 Western and Southern Open in Cincinnati after ...
 Rediff.com3 hours ago
Rediff.com

Hits and misses in the M&A space

The failed deals could be the much-needed wake-up call for the M&A space. Illustration: Uttam Ghosh/Rediff.com It has not been a great year for big-ticket deals. Some have been stuck in negotiations for months, some have been called off and some were called off after being stuck for months. Let us look at a couple of big deals, the news flow around this, who gained and who lost. In early June 2016, the share price of Max Financial Services was hovering around Rs 350. This is the parent ...
 Rediff.com6 hours ago
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