Search results for ' Legacy systems and software'

Why India's Global Capability Centres Struggle With AI Scaling

Why India's Global Capability Centres Struggle With AI Scaling

Rediff.com1 days ago

A joint report by Dell Technologies and Zinnov reveals that despite high ambition, nearly 70% of India's Global Capability Centres (GCCs) are stuck at the pilot stage for AI adoption. Foundational gaps in data, infrastructure, and governance are identified as key bottlenecks preventing the scaling of AI initiatives into enterprise-wide production. The report highlights the need for significant reskilling of the workforce and robust foundations for industrialising AI responsibly.

Trai Targets Spam Calls From Apps

Trai Targets Spam Calls From Apps

Rediff.com5 days ago

Trai has brought app-based spam calls under tighter regulations through new A2P call rules.

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com3 Aug 2026

'At the end of the day, it is just another technology produced by the human mind.'

Quantum Computing: AI's Next Frontier

Quantum Computing: AI's Next Frontier

Rediff.com29 Aug 2026

Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

AU Small Finance Bank Pioneers AI-Native Loan Origination

AU Small Finance Bank Pioneers AI-Native Loan Origination

Rediff.com12 May 2026

AU Small Finance Bank has launched its first AI-native loan origination system, built on the Broccoli platform, in partnership with Amazon Web Services. This deployment marks a significant step towards becoming a fully AI-native bank, replacing traditional systems with a hyper-personalised sales and servicing platform.

How Haryana Is Using Drones For Smart Governance

How Haryana Is Using Drones For Smart Governance

Rediff.com3 Aug 2026

Haryana is institutionalising drone technology as a key governance tool, deploying AI-powered surveillance and high-resolution geospatial mapping. This initiative aims to detect illegal constructions, monitor mining activities, map civic infrastructure, and track pollution across the state. The Chief Secretary reviewed progress on various projects, including an AI-powered Change Detection Application and digital mapping of municipal assets, highlighting the state's commitment to evidence-based governance and improved public service delivery.

AI will redefine tech jobs, coding will no longer be core: Nandan Nilekani

AI will redefine tech jobs, coding will no longer be core: Nandan Nilekani

Rediff.com17 Feb 2026

Artifical Intelligence is rewriting the grammar of software development. And writing codes will no longer be the central role for tech professionals, Infosys co-founder Nandan Nilekani said Tuesday.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

Nandan Nilekani On How AI Will Amplify IT Firms

Nandan Nilekani On How AI Will Amplify IT Firms

Rediff.com23 Jun 2026

Infosys co-founder Nandan Nilekani stated that artificial intelligence will amplify, not replace, IT firms, projecting a massive USD 400 billion AI-first services opportunity by 2030. Addressing shareholders, he highlighted Infosys's readiness to help clients navigate enterprise AI complexities and capitalise on the structural shift in technology.

One Light-Day Away: Voyager's Epic Voyage

One Light-Day Away: Voyager's Epic Voyage

Rediff.com13 Jul 2026

Buzz Lightyear's 'to infinity and beyond' in Toy Story was meant as an impossible boast. Voyager, however, has given it unexpected meaning -- not because it will ever reach infinity, but because for it the beyond is already in progress

Air India expects 50-60 new planes in 18 months, transformation on track

Air India expects 50-60 new planes in 18 months, transformation on track

Rediff.com20 Jul 2026

Air India Group anticipates the delivery of 50-60 new aircraft within the next 18 months, with its ambitious transformation programme progressing despite global challenges like supply chain issues and geopolitical tensions, according to Chief Commercial Officer Nipun Aggarwal.

EPFO delays UPI-linked PF withdrawal rollout to May

EPFO delays UPI-linked PF withdrawal rollout to May

Rediff.com27 Apr 2026

The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI-linked withdrawals by the end of May, as it finalises testing for its Centralised IT Enabled System (CITES) 2.0 overhaul, aiming to streamline PF balance transfers and withdrawals.

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Rediff.com11 May 2026

Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 May 2026

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

Infosys partners with Anthropic for AI solutions

Infosys partners with Anthropic for AI solutions

Rediff.com17 Feb 2026

Infosys on Tuesday announced a strategic collaboration with American artificial intelligence company Anthropic to develop and deploy advanced enterprise AI solutions for companies across telecommunications, financial services, manufacturing, and software development.

Govt body plans legal framework for AI companies

Govt body plans legal framework for AI companies

Rediff.com29 Apr 2026

India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.

Budget 2026: The Industry Wishlist...

Budget 2026: The Industry Wishlist...

Rediff.com29 Jan 2026

Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.

DPDP to Push Up IT Costs for Banks, Firms

DPDP to Push Up IT Costs for Banks, Firms

Rediff.com25 Nov 2025

Companies, particularly those that are notified as Significant Data Fiduciaries, will have to make extensive investments in data mapping, process modification, consent management tools, tools to enable Data Principal Rights, and establish a well-structured Data Privacy Officer organisation.

Budget 2026: The Business Of IP Remains Unfinished

Budget 2026: The Business Of IP Remains Unfinished

Rediff.com23 Feb 2026

The Union Budget backs skilling across animation, gaming and comics. But creators and studios confront a hard question: who owns what comes next?

AI Boom Fuels Demand for IT Specialists

AI Boom Fuels Demand for IT Specialists

Rediff.com21 Mar 2025

Entry level engineers for these roles can be paid between Rs 4 lakh to Rs 8 lakh annually, which can go beyond Rs 30 lakhs for people with more than eight years of experience.

With ML and AI, IBM shows the fight is not over for mainframes

With ML and AI, IBM shows the fight is not over for mainframes

Rediff.com17 Apr 2025

This innovation has made mainframes the fastest-growing segment within IBM's Infrastructure business, demonstrating that even legacy technologies can continue to deliver value.

Tech disrupting traditional industries, warn biz leaders

Tech disrupting traditional industries, warn biz leaders

Rediff.com13 Feb 2025

Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

IT spending in India expected to cross $100 bn in 2022: Gartner

IT spending in India expected to cross $100 bn in 2022: Gartner

Rediff.com1 Dec 2021

IT spending in India is expected to touch $101.8 billion in 2022, up 7 per cent from this year, according to research firm Gartner. India's information technology (IT) spending across areas like communication services, data centre systems, IT services and software is expected to grow 10.8 per cent to $95.1 billion in 2021 from $85.8 billion in the preceding year. Gartner Research vice-president Arup Roy said, "The digital transformation trajectory that began as a pandemic response is here to stay for the next few years. "India has experienced one of the fastest recoveries despite being one of the worst-hit regions in the second wave of the pandemic in early 2021."

How India's IT biggies can grow

How India's IT biggies can grow

Rediff.com24 May 2006

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'

How does a legacy brand like Wipro reinvent itself?

How does a legacy brand like Wipro reinvent itself?

Rediff.com2 Jun 2017

The IT major is donning a new face for the changing times, says Ayan Pramanik.

How does a legacy brand like Wipro reinvent itself?

How does a legacy brand like Wipro reinvent itself?

Rediff.com2 Jun 2017

The IT major is donning a new face for the changing times, says Ayan Pramanik.

HCL Tech wins multi-million dollar contract in US

HCL Tech wins multi-million dollar contract in US

Rediff.com25 Sep 2013

HCLA was selected through a highly competitive process where it demonstrated its managed cloud-as-a-service solution called iGOVERN(r).

Parl passes bill allowing govt to take control of telecom services

Parl passes bill allowing govt to take control of telecom services

Rediff.com21 Dec 2023

The Bill allows stopping of transmission and intercepting messages in case of public emergency, in the interest of the public, to prevent incitement for committing offence.

How India can protect itself from cyber attacks

How India can protect itself from cyber attacks

Rediff.com18 Mar 2021

The recent report in the New York Times that China had brought India's financial capital - Mumbai - to a halt by hacking the electricity supply grid has not come as a surprise to the CTOs (chief technology officers) and cyber security experts. Indian companies, including critical infrastructure providers such as power grids, ports and radar systems, lack the IT infrastructure to prevent hacking from hostile state actors like China and North Korea, warn security experts. Recently, the United States government warned of yet another breach of critical systems tied to Microsoft Exchange email systems that the company has blamed on China. The breach has impacted thousands of organisations in the US and its impact on India is still unknown.

Peeing incident: Air India reviews liquor policy; pilot, crew grounded

Peeing incident: Air India reviews liquor policy; pilot, crew grounded

Rediff.com7 Jan 2023

Tata Group-owned Air India CEO Campbell Wilson on Saturday apologised for a flyer urinating on a fellow female passenger on a flight from New York in November, and said four cabin crew and a pilot have been de-rostered and the airline is reviewing policy of serving alcohol on flights.

'Cyber attacks meant to smear India's reputation'

'Cyber attacks meant to smear India's reputation'

Rediff.com9 Mar 2021

'The hackers' objectives were centred around smearing India's reputation, causing productivity loss, creating operational damage and seeking financial gains.'

How India Inc must change to serve digital customers

How India Inc must change to serve digital customers

Rediff.com25 Sep 2017

Technology, which was responsible for creating the new-age digital consumer issue for enterprises, also acts as a solution to the problem, says Karthick Viswanathan.

Is Adani a Modi Crony?

Is Adani a Modi Crony?

Rediff.com11 Apr 2023

This State-corporate 'cooperation' didn't begin with the arrival of the Modi government.
Many of the big licences, contracts, and even environmental clearances for the Adani group had come in the UPA's time, points out Shekhar Gupta.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

How Tech Is Tackling Knotty HR Problems

How Tech Is Tackling Knotty HR Problems

Rediff.com2 Mar 2022

Tech is also being used to stem resignations, which have recorded a rise amid COVID-19.

IT majors' product plans put them at risk of cannibalisation

IT majors' product plans put them at risk of cannibalisation

Rediff.com19 Feb 2019

Their plan to build a product portfolio will discourage global software vendors such as Oracle, Microsoft and Fidelity, among others, from building a strategic relationship with these big Indian IT firms, reports Debasis Mohapatra.