Shivani Shinde And Samie Modak

Stories by Shivani Shinde And Samie Modak

LG India is the most valuable consumer durable company

LG India is the most valuable consumer durable company

Rediff.com   15 Oct 2025

LG Electronics India made a dazzling market debut on Tuesday, ending 48 per cent higher than its issue price and surpassing its South Korean parent in market value.

Legal Tussles Rock India's IT Sector

Legal Tussles Rock India's IT Sector

Rediff.com   14 Oct 2025

2025 has seen a sharp rise in lawsuits targeting IT services and consulting companies, which now increasingly offer proprietary digital platforms and cloud services.

IPO Wave Hits 3 Decade Peak With 200 Filings

IPO Wave Hits 3 Decade Peak With 200 Filings

Rediff.com   13 Oct 2025

This marks the strongest DRHP filing tally since 1996, when 428 firms sought to enter India's equity markets.

Urgent Need For Data Sovereignty

Urgent Need For Data Sovereignty

Rediff.com   13 Oct 2025

'When global politics has some intervention on the core software one uses, and if you are cut off from your own data in critical workflows, sovereignty is no longer optional. It becomes a necessity.'

LG India signals 'future-ready' push with Rs 11.6K cr IPO

LG India signals 'future-ready' push with Rs 11.6K cr IPO

Rediff.com   2 Oct 2025

For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Rediff.com   30 Sep 2025

Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).

H1B Crisis: 'No Point Going To The US'

H1B Crisis: 'No Point Going To The US'

Rediff.com   30 Sep 2025

'Every parent should rethink their decisions to send their children to the US.'

'India needs capital support in aerospace and defence'

'India needs capital support in aerospace and defence'

Rediff.com   21 Sep 2025

'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'

$282 Billion Indian IT Industry In US Right Wing's Cross Hairs

$282 Billion Indian IT Industry In US Right Wing's Cross Hairs

Rediff.com   17 Sep 2025

The US remains the largest market for IT outsourcing, and for Indian giants TCS, Infosys and Wipro, it contributes around 40 per cent of their top line.

Indian IT Cos Feel H-1B Heat

Indian IT Cos Feel H-1B Heat

Rediff.com   6 Sep 2025

'It is good to have the H1-B visa option but if tomorrow things happen to change, it is not the end of the world situation.'

Jane Street Officials To Meet Sebi Soon

Jane Street Officials To Meet Sebi Soon

Rediff.com   3 Sep 2025

'The hearing is not adversarial but inquisitorial in nature -- it allows Sebi to examine the context, the strategy, and the intent behind the trades, particularly when algorithmic and expiry-day trading are involved.'

'Where Your Data Resides Is Now A Fundamental Question'

'Where Your Data Resides Is Now A Fundamental Question'

Rediff.com   1 Sep 2025

'What we see now is a much stronger need for data sovereignty.'

Foreign Investors Slash India Allocations

Foreign Investors Slash India Allocations

Rediff.com   22 Aug 2025

Global emerging market investors are sharply cutting back on India, making it the largest underweight market, as funds rotate into China, Hong Kong, and South Korea amid tariff shocks and valuation concerns.

Costly Mid-Layer Faces IT Layoff Axe

Costly Mid-Layer Faces IT Layoff Axe

Rediff.com   18 Aug 2025

More than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms -- TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Cognizant, and LTIMindtree -- over the past 12 months.

CFOs join the AI race as new change agents

CFOs join the AI race as new change agents

Rediff.com   14 Aug 2025

Earlier this year, when global software giant Salesforce set out to appoint a new chief financial officer (CFO), the role came with an addition. Instead of hiring solely a CFO, the company wanted someone who would also play an integral role in operations.

Infy to buy 75% in Telstra arm for Rs 1.3K cr

Infy to buy 75% in Telstra arm for Rs 1.3K cr

Rediff.com   14 Aug 2025

Information technology (IT) services major Infosys on Wednesday announced the formation of a joint venture (JV) with Telstra, Australia's leading telecommunications and technology company. This will allow Infosys to accelerate artificial intelligence (AI)-enabled cloud and digital solutions for Australian businesses.

Sectors that are leading 2025 IPO charge

Sectors that are leading 2025 IPO charge

Rediff.com   13 Aug 2025

India's initial public offering (IPO) market is rewriting the rules of sectoral dominance, with a diverse slate of companies entering the stock market arena.

The Real Reason For The TCS Layoffs

The Real Reason For The TCS Layoffs

Rediff.com   5 Aug 2025

While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.

'Retail losses in derivatives is a concern'

'Retail losses in derivatives is a concern'

Rediff.com   5 Aug 2025

'Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable.'

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com   1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.