Search results for 'IT Business'

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com2 days ago

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Investors Mistake Parle Industries for Melody Toffee Maker, Stock Surges

Investors Mistake Parle Industries for Melody Toffee Maker, Stock Surges

Rediff.com3 hours ago

Shares of Parle Industries Ltd surged by 5% after Prime Minister Narendra Modi gifted Melody toffees to Italian Prime Minister Giorgia Meloni.

Karnataka: Four Arrested For Robbery In Chikkaballapura

Karnataka: Four Arrested For Robbery In Chikkaballapura

Rediff.com7 days ago

Four men have been arrested in Chikkaballapura, Karnataka, for allegedly robbing a man of Rs 7.5 lakh after throwing chilli powder in his eyes and threatening him with a machete.

'Not an iota of truth': Modi rejects media report on taxing foreign travel

'Not an iota of truth': Modi rejects media report on taxing foreign travel

Rediff.com5 days ago

Prime Minister Narendra Modi has strongly refuted a media report suggesting the government is considering levying a tax, cess, or surcharge on foreign travel, calling the news "totally false".

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com1 days ago

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Rediff.com15 hours ago

The University of Sheffield has announced a major milestone in the push for greener aviation as it produces its first report from testing a new sustainable aviation fuel (SAF). The research is helping support the faster rollout of low-carbon jet fuels.

IPL 2026: Cummins' Calm Captaincy For SRH Earns Praise

IPL 2026: Cummins' Calm Captaincy For SRH Earns Praise

Rediff.com18 hours ago

Former Mumbai Indians head coach Mark Boucher praises Sunrisers Hyderabad captain Pat Cummins for his calm and clear approach to captaincy, highlighting his ability to stick to plans and execute them effectively.

Dabur's robust India biz showing lifts shares

Dabur's robust India biz showing lifts shares

Rediff.com9 May 2026

Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

Rediff.com1 days ago

N Chandrasekaran, chairman of Tata Consumer Products (TCPL), stated that India continues to experience credible economic growth, driven by strong demographic fundamentals and accelerating digital public infrastructure, despite a fragmented global landscape.

Massive 'economic storm' on the way: Rahul slams Modi

Massive 'economic storm' on the way: Rahul slams Modi

Rediff.com1 days ago

Congress leader Rahul Gandhi has warned of a severe economic crisis looming over India, criticising Prime Minister Narendra Modi's economic policies and foreign travels.

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Rediff.com5 days ago

The Income Tax department has enabled online filing for ITR-1 (Sahaj) and ITR-4 (Sugam) for the Assessment Year 2026-27, allowing small and medium taxpayers to file returns for income earned in the 2025-26 fiscal year.

Cong MP moves privilege motion against Dharmendra Pradhan

Cong MP moves privilege motion against Dharmendra Pradhan

Rediff.com2 days ago

Congress chief whip Jairam Ramesh has filed a privilege notice against Union Education Minister Dharmendra Pradhan for allegedly making derogatory remarks about a parliamentary committee, claiming he lowered the dignity of Parliament.

Orissa High Court: Indiscriminate Bank Account Freezes Hurt Businesses

Orissa High Court: Indiscriminate Bank Account Freezes Hurt Businesses

Rediff.com12 Mar 2026

'Statutory power must be exercised in a manner that is fair, proportionate, and not excessive.' 'The authority must demonstrate a rational nexus between the property frozen and the alleged offence.'

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Rediff.com30 Mar 2026

The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com7 days ago

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com3 days ago

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com1 days ago

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Rediff.com7 days ago

Bharti Airtel reported a 33.5 per cent decline in consolidated net profit to Rs 7,325 crore for the March 2026 quarter, primarily attributed to one-time provisions for statutory and tax liabilities.

Mother's Day: In Pix: A Day In The Life Of A Mother

Mother's Day: In Pix: A Day In The Life Of A Mother

Rediff.com11 May 2026

Riddhi Vora says her proudest title came not from a classroom or career milestone, it came with motherhood, "My life changed completely the moment I held my daughter for the first time, and then again when Veyansh was born,".

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com5 days ago

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Udupi Hotelier Allegedly Commits Suicide After Harassment Claims

Udupi Hotelier Allegedly Commits Suicide After Harassment Claims

Rediff.com4 days ago

A hotel entrepreneur in Udupi, Karnataka, allegedly died by suicide after posting a WhatsApp status accusing his wife and brother-in-law of harassment. The deceased, Sudhakar Shetty, had been facing marital disputes and family disagreements.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com3 days ago

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

India must not rent its intelligence future: Adani

India must not rent its intelligence future: Adani

Rediff.com12 May 2026

Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.

How AI Can Boost India's Economy By $500 Billion

How AI Can Boost India's Economy By $500 Billion

Rediff.com7 days ago

A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.

Phone Snatching From BJP MLA Sparks Political Storm

Phone Snatching From BJP MLA Sparks Political Storm

Rediff.com2 days ago

Unidentified men allegedly snatched the mobile phone of BJP MLA Dharamlal Kaushik during his morning walk in Raipur, leading to a political row over law and order in Chhattisgarh.

Punjab Police Arrest Five In Property Dispute Attack Case

Punjab Police Arrest Five In Property Dispute Attack Case

Rediff.com12 May 2026

Punjab Police have arrested five individuals in connection with an attack on a property dealer in Ferozepur, revealing a conspiracy rooted in a business partnership dispute over land ownership and payment.

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

Rediff.com19 hours ago

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from an earlier 6.6 per cent, attributing the change to global uncertainties and economic shocks stemming from the ongoing West Asia crisis.

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Rediff.com2 days ago

Salesforce is concentrating on developing 'digital labour platforms' and using AI to augment human capabilities rather than replace them, according to a senior company official.

'I Tried To Initiate Closeness But She Seemed Uncomfortable'

'I Tried To Initiate Closeness But She Seemed Uncomfortable'

Rediff.com20 hours ago

rediffGURU Anu Krishna, mind coach and co-founder of Unfear Changemakers, tells you how you can fix emotional distance in a relationship.

Watch: Vedang Sings Masakara To Sharvari, Impresses Rahman

Watch: Vedang Sings Masakara To Sharvari, Impresses Rahman

Rediff.com23 hours ago

Naseeruddin Shah, alongside director Imtiaz Ali and the cast, offered insights into the upcoming film Main Vaapas Aaunga at its trailer launch, praising the script and sharing their unique experiences.

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com2 days ago

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

Absence of many MLAs at TMC's protest triggers chatter

Absence of many MLAs at TMC's protest triggers chatter

Rediff.com17 hours ago

The absence of many TMC legislators from a major protest programme has triggered political chatter, raising questions about the party's unity and ability to transition into an effective opposition after its recent electoral defeat in West Bengal.

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

Rediff.com11 May 2026

"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.

RIL stock may take a hit after muted Q4 show

RIL stock may take a hit after muted Q4 show

Rediff.com4 May 2026

Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.

Jeweller Injured In Mumbra Robbery Attempt; Two Arrested

Jeweller Injured In Mumbra Robbery Attempt; Two Arrested

Rediff.com5 days ago

A jewellery shop owner in Mumbra, Thane, was stabbed and injured during a failed robbery attempt. Police have arrested two suspects in connection with the incident.

Thieves Steal Taps, Vandalise Congress Office In Chhattisgarh

Thieves Steal Taps, Vandalise Congress Office In Chhattisgarh

Rediff.com2 days ago

Unidentified individuals allegedly stole 73 taps from the Congress office in Ambikapur, Chhattisgarh, vandalised washrooms, and left a handwritten note mocking the police.

BJP MLA's Phone Snatched During Morning Walk

BJP MLA's Phone Snatched During Morning Walk

Rediff.com2 days ago

A 19-year-old man allegedly snatched the mobile phone of BJP MLA Dharamlal Kaushik during his morning walk in Raipur. The accused was arrested within eight hours, but the incident has sparked political controversy.

IPL 2026: Tense Preity Zinta-Ponting Chat Sparks PBKS Concern

IPL 2026: Tense Preity Zinta-Ponting Chat Sparks PBKS Concern

Rediff.com6 days ago

A tense conversation between Preity Zinta and Ricky Ponting after Punjab Kings' defeat to Mumbai Indians has sparked concern, highlighting the team's fading momentum and mounting pressure after five consecutive losses.

Thieves Burgle Chhattisgarh Congress Office, Steal Taps

Thieves Burgle Chhattisgarh Congress Office, Steal Taps

Rediff.com2 days ago

Unidentified thieves broke into the district Congress office in Ambikapur, Chhattisgarh, for the third time in recent months, stealing 73 water taps and leaving a mocking note for the police.