All stories by Debasis Mohapatra
Living on rent got more costlier
Rediff.com18 Jan 2019People living in Mumbai paid an average of 18% more for renting their homes last year. Rents rose on average by 15% in Chennai and 14% in Bengaluru last year.
Infy board may consider share buyback, special dividend
Rediff.com9 Jan 2019According to the capital allocation policy approved by the shareholders in April last year, Infosys plans to give back around Rs 10,400 crore to shareholders by the end of this financial year.
How Infosys has changed under CEO Salil Parekh
Rediff.com7 Jan 20192019, however, will be a bigger test as the firm continues to deal with rising attrition and margin pressure.
As legacy business slows, Mindtree eyes IPs in new-age tech
Rediff.com9 Dec 2018The move comes at a time when the traditional software maintenance and support works, once the bread and butter for export-driven IT services business, are slowly drying up.
Indian IT cos ready plan to cope with stricter H-1B laws
Rediff.com5 Dec 2018Canada and Mexico emerge as preferred destinations to service clients in the US; east Europe and Nordic nations are favoured alternatives
Soon you can register your idea on K'taka's digital IP platform
Rediff.com5 Dec 2018The initiative is being undertaken by the government of Karnataka, considered one of the leaders in the technology space. Currently, India doesn't have such a platform and, globally, there are very few privately-run platforms.
Tax ruling on back-office services shocks IT, BPO sector
Rediff.com21 Nov 2018The recent ruling by the Authority of Advance Rulings making back-office services provided by a company to global firms taxable under GST, has sent shockwaves through the information technology and business process outsourcing industry.
IT services firms wake up to client leakage
Rediff.com19 Nov 2018Despite higher gross additions, growth in overall customer base has been tepid for these companies, says Debasis Mohapatra.
Why NRIs are so gung-ho about buying property in India
Rediff.com12 Nov 2018NRI demand would help offset the liquidity problem, which is presently affecting realty sales.
IT services contracts now come with strings attached
Rediff.com7 Nov 2018With clients increasingly looking at cost optimisation by passing on the risks to the IT vendors and IT services players demanding longer tenure deals to hedge their risks, a mix of these two factors are giving rise to large deals coming up in the market with a lot of strings attached.
5th top-level exit hits Infosys
Rediff.com22 Oct 2018The latest one being Ken Toombs, global head of consulting at the Bengaluru-based entity.
The new normal at India's IT companies
Rediff.com17 Oct 2018Analysts are of the opinion that 55 may emerge as the new age to retire for techies in India
IT majors take e-route to reskill employees
Rediff.com28 Sep 2018The advent of internet of things, blockchain, data analytics, artificial intelligence, and self-driving cars has also created huge business opportunities for online training platforms such as Udacity and Coursera.
$1.6 bn Alight deal puts Wipro back in the game
Rediff.com24 Sep 2018The contract has not only cemented the position of its chief executive officer (CEO) Abidali Neemuchwala, it has also proven the ability of the current management to successfully chase and close larger deals that are becoming scarcer in the market.
How Infy plans to capture the digital market
Rediff.com10 Sep 2018As IT majors face a decline in their legacy business, they are realigning their sales strategies to push up revenues from newer technologies.
Weak rupee puts I-T firms in a spot over contract renewals
Rediff.com10 Sep 2018Analysts 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.
How chatbots, AI and big data are changing investing habits
Rediff.com9 Sep 2018Thousands of retail investors are reaping the benefits of the disruption that the latest technologies have brought to the equity market. Brokerage firms are aggressively investing in technologies such as artificial intelligence, machine learning, big data and analytics, social media, chatbots, virtual assistants and so on.
South-based firms saw fund infusion of $6.5 billion since 2014
Rediff.com30 Aug 2018A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.
Why share buybacks is not a good idea for IT companies
Rediff.com31 Jul 2018The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
Why Wipro will hire more freshers this year
Rediff.com24 Jul 2018The company's decision comes when there has been a dip in intake due to tepid demand, increasing automation, reports Debashis Mohapatra.