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Breather for Uber, Kolkata tags it as IT firm

Breather for Uber, Kolkata tags it as IT firm

Rediff.com15 Jan 2015

The company is a facilitator of taxis (therefore an intermediary) and is best governed under the IT Act said Neeraj Singhal, Uber's head of expansion in India.

Women's share of board seats only 9.5% for BSE 200 firms

Women's share of board seats only 9.5% for BSE 200 firms

Rediff.com14 Jan 2015

According to the New Global 2014 Catalyst Census: Women Board Directors, women's share of board seats ranges from 3.1 per cent in Japan (TOPIX Core 30 index) to 9.5 per cent in India (BSE 200 index) to 19.2 per cent in Australia (S&P/ASX 200 index).

Twitter in talks to acquire ZipDial, says report

Twitter in talks to acquire ZipDial, says report

Rediff.com14 Jan 2015

Founded in 2010 by Sanjay Swamy, Valerie Rozycki, and Amiya Pathak, ZipDial is a cloud-based mobile and analytics platform, which help companies reach out their targeted audience and do marketing through 'missed calls'.

Rajan gets 'Governor of the Year' award

Rajan gets 'Governor of the Year' award

Rediff.com13 Jan 2015

Former Banque de France head Jacques de Larosire was given the Lifetime Achievement Award for his lengthy struggle for monetary order, the magazine said in a statement on Monday.

Modi move to allow dual use in SEZs to help Adani SEZ

Modi move to allow dual use in SEZs to help Adani SEZ

Rediff.com13 Jan 2015

Developers had been urging dual usage of their SEZ land since the beginning of global financial recession in 2008.

Vibrant Gujarat Summit: Investment pledges worth Rs 25 lakh crore

Vibrant Gujarat Summit: Investment pledges worth Rs 25 lakh crore

Rediff.com13 Jan 2015

Around 25,000 delegates came, from 110 countries.

IndiGo lures grounded SpiceJet pilots

IndiGo lures grounded SpiceJet pilots

Rediff.com12 Jan 2015

The airline is trying to save on wage costs by cutting the normal notice period of six months by about half for pilots who have already resigned.

'Heavens won't fall if India's fiscal target is not met'

'Heavens won't fall if India's fiscal target is not met'

Rediff.com12 Jan 2015

Assocham said even if an investment revival were to happen, it would be a time lag of at least 18 months before it reflects in the manufacturing sector.

India Inc set for a tepid show in Q3

India Inc set for a tepid show in Q3

Rediff.com9 Jan 2015

Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.

Beware of new mobile malware attacks on Android devices!

Beware of new mobile malware attacks on Android devices!

Rediff.com8 Jan 2015

536 new malware families and a further 616 new variants affecting the Android platform were detected.

CRISIL cautions govt against pension outgo

CRISIL cautions govt against pension outgo

Rediff.com7 Jan 2015

The report mentioned that the government spends 2.2 per cent of the GDP on pension bill.

Petrol costs more than aviation fuel in Modi raj: Congress

Petrol costs more than aviation fuel in Modi raj: Congress

Rediff.com6 Jan 2015

Congress said ATF prices have been reduced by 31% while petrol only 16%.

India expects to raise Rs 64,840 crore from spectrum auction

India expects to raise Rs 64,840 crore from spectrum auction

Rediff.com6 Jan 2015

Income will be higher as spectrum in 2,100-MHz band will also be auctioned

Premji again tops India philanthropy list

Premji again tops India philanthropy list

Rediff.com5 Jan 2015

The list has been compiled by the Shanghai-based The Hurun Research Institute, the second year it has done this ranking, of an 'India philanthropy list'.

PM assures public sector banks of zero interference

PM assures public sector banks of zero interference

Rediff.com4 Jan 2015

At the retreat, PSBs had suggested the government cut its stake in these entities to less than 51 per cent over a period of time and empower the boards of individual banks.

Panagariya to be NITI Aayog's vice-chairman

Panagariya to be NITI Aayog's vice-chairman

Rediff.com4 Jan 2015

An official announcement to this effect would be made next week. The vice-chairman would be of Cabinet rank.

Labour unrest at Hyundai's supplier factory near Chennai

Labour unrest at Hyundai's supplier factory near Chennai

Rediff.com3 Jan 2015

Hyundai said its production was not impacted because of the labour problem at the vendor's factory.

India's forex reserves down $287.5 mn

India's forex reserves down $287.5 mn

Rediff.com3 Jan 2015

For the week under review, Special Drawing Rights fell by $ 13 million to $4.19 billion, while India's reserve position with the International Monetary Fund was down $3.5 million to $1.14 billion.

Private sector staff to head state-owned banks?

Private sector staff to head state-owned banks?

Rediff.com3 Jan 2015

An executive director of a bank could, for example, be elevated to the post of chairman of a different bank.

RBI Deputy Guv talks on factors that are slowing loan offtake

RBI Deputy Guv talks on factors that are slowing loan offtake

Rediff.com3 Jan 2015

After hiking interest rates thrice between September 2013 and January 2014, the central bank has maintained status quo, amid slowing economic growth.

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