Search results for 'IT Industry'

Stock markets today: Sensex, Nifty opened in red, then recovered

Stock markets today: Sensex, Nifty opened in red, then recovered

Rediff.com29 Jun 2026

Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.

Mission Aagaman Gets Boost As Vikram-1 Readies For Historic Liftoff

Mission Aagaman Gets Boost As Vikram-1 Readies For Historic Liftoff

Rediff.com3 Jul 2026

'With Vikram-1, we take our biggest step yet towards a reliable, high-cadence launch programme built in India, for India and the world.'

India Set To Introduce Dedicated AI Regulation Framework

India Set To Introduce Dedicated AI Regulation Framework

Rediff.com3 Jul 2026

India's IT Secretary S Krishnan announced that the government is considering a dedicated regulatory framework for Artificial Intelligence, moving beyond existing IT rules to address challenges like deepfakes and synthetic content. This comes as global policymakers grapple with AI's rapid emergence and its implications.

Mukesh Ambani Calls On Engineers To Build AI For India

Mukesh Ambani Calls On Engineers To Build AI For India

Rediff.com19 Jun 2026

Mukesh Ambani, Chairman of Reliance Industries, has called upon India's engineering talent to spearhead Jio's ambitious artificial intelligence initiative. He emphasized India's role as a creator and global leader in AI, not just a consumer, outlining the execution phase of Reliance Intelligence with partnerships and a focus on developing affordable, language-fluent AI for all Indians.

Unified Command To Tackle AI Threats

Unified Command To Tackle AI Threats

Rediff.com3 Jul 2026

'The government has to act as one unit since the threat from these newer models will soon scale up.'

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com24 Jun 2026

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

What The Balan Mother Is Really Like

What The Balan Mother Is Really Like

Rediff.com9 Jul 2026

'We all have mothers, and all our mothers have stories.'

Maruti Suzuki sees strong PV growth, market share gains, but El Nio poses risk

Maruti Suzuki sees strong PV growth, market share gains, but El Nio poses risk

Rediff.com6 Jul 2026

Maruti Suzuki, India's leading passenger vehicle manufacturer, is experiencing robust growth in the June quarter, driven by a recovery in the entry-level segment, easing supply constraints, and significant market share gains. Despite potential headwinds from El Nio, analysts remain optimistic about the company's future performance.

Adani Power to invest Rs 2 trn over 5 years

Adani Power to invest Rs 2 trn over 5 years

Rediff.com25 Jun 2026

Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.

FMCG Sector Sees Strong Demand, Improved Margins for FY27

FMCG Sector Sees Strong Demand, Improved Margins for FY27

Rediff.com5 Jul 2026

Leading Fast-Moving Consumer Goods (FMCG) companies in India are expressing strong optimism for the current fiscal year, anticipating robust consumption trends, significant growth, and improved profit margins. This positive outlook is largely driven by resilient demand and the expected easing of elevated input costs, despite ongoing inflationary pressures and potential weather volatility.

West Asia conflict: Govt lifts emergency gas curbs as LNG supplies normalise

West Asia conflict: Govt lifts emergency gas curbs as LNG supplies normalise

Rediff.com5 Jul 2026

The government has withdrawn most provisions of the emergency natural gas supply regulation order imposed during the West Asia conflict after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire.

Why Smallcaps Are Winning The Market Battle

Why Smallcaps Are Winning The Market Battle

Rediff.com26 Jun 2026

The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

Rediff.com9 Jun 2026

Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.

Bharati Achrekar: 'Today's Actors Won't Find A Guru Like Vijaya Mehta'

Bharati Achrekar: 'Today's Actors Won't Find A Guru Like Vijaya Mehta'

Rediff.com7 Jul 2026

'She never held a stick in her hand, but she would encourage us to discover the character on our own.'

India-EU FTA Legal Scrub to Conclude Soon, Pact Expected by December 31

India-EU FTA Legal Scrub to Conclude Soon, Pact Expected by December 31

Rediff.com3 Jul 2026

Commerce Minister Piyush Goyal announced that the legal scrubbing of the India-EU Free Trade Agreement (FTA) text is expected to be completed within 10-12 days, with the final deal anticipated to be signed by December 31.

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Rediff.com2 Jul 2026

Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.

12 Indians among 13 killed in blast at Qatar gas plant

12 Indians among 13 killed in blast at Qatar gas plant

Rediff.com23 Jun 2026

An explosion at the Barzan local gas supply facility in Ras Laffan Industrial City, Qatar, resulted in the deaths of 13 people, including Indian and Pakistani nationals, and injured 66 others. The incident, attributed to a technical malfunction during start-up operations, prompted immediate response from Qatari authorities and an offer of assistance from the Indian Embassy.

No word on India-US interim trade deal as tariff deadline looms

No word on India-US interim trade deal as tariff deadline looms

Rediff.com24 Jun 2026

India and the United States have reviewed progress on a proposed interim bilateral trade agreement, discussing market access, digital trade, and non-tariff barriers, as they race to finalise a deal before a temporary 10 per cent US tariff regime expires on July 24.

Wipro Boosts Enterprise AI With New Applied AI Centre

Wipro Boosts Enterprise AI With New Applied AI Centre

Rediff.com16 Jun 2026

IT services giant Wipro has launched an Applied AI Centre of Excellence (CoE) in Bengaluru, focusing on Anthropic's Claude models. This initiative aims to accelerate enterprise AI adoption, train 10,000 experts, and integrate AI into core business workflows and Wipro's internal operations.

After WhatsApp, govt sends notices to Telegram, Signal over username feature

After WhatsApp, govt sends notices to Telegram, Signal over username feature

Rediff.com3 Jul 2026

India's IT Ministry has issued notices to Telegram and Signal, following a similar action against WhatsApp, questioning their username features due to concerns over increased online fraud, phishing, and impersonation. The government is seeking explanations on how these platforms address such risks, with one homegrown app already disabling the feature.

Indian-Origin Founders Build Global Space Exchange

Indian-Origin Founders Build Global Space Exchange

Rediff.com3 Jul 2026

Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Rediff.com19 Jun 2026

Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.

How Cricket Coaching Can Be Reshaped Through AI

How Cricket Coaching Can Be Reshaped Through AI

Rediff.com26 Jun 2026

Advanced Impactor. an AI-powered platform, aims to modernise cricket coaching with real-time performance analytics.

5 diamonds weighing 1.22 carats found during exploration in Chhattisgarh

5 diamonds weighing 1.22 carats found during exploration in Chhattisgarh

Rediff.com23 Jun 2026

Five diamonds, including two of gem quality, have been discovered during scientific exploration in Chhattisgarh's Mahasamund district. This significant find in the Baloda-Belmundi Diamond Block could establish a new diamond-bearing region, promising future investments, revenue generation, and employment opportunities for the state and strengthening India's domestic diamond resources.

Sensex Drops 607 Points, Nifty Falls to 24,013 on IT Sell-off and Geopolitical Uncertainty

Sensex Drops 607 Points, Nifty Falls to 24,013 on IT Sell-off and Geopolitical Uncertainty

Rediff.com19 Jun 2026

Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Rediff.com25 Jun 2026

Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.

Kerala Officer Arrested For Alleged Rs 3.57 Crore Women's Scheme Scam

Kerala Officer Arrested For Alleged Rs 3.57 Crore Women's Scheme Scam

Rediff.com8 Jun 2026

A former industries extension officer in Thiruvananthapuram has been arrested by the Vigilance and Anti-Corruption Bureau (VACB) for allegedly misappropriating Rs 3.57 crore from a self-employment scheme for women. The officer, Praveen Raj T R, is also implicated in two other similar cases involving significant amounts.

Football's race problem resurfaces after Garcia's Senegal remarks

Football's race problem resurfaces after Garcia's Senegal remarks

Rediff.com6 Jul 2026

Rudi Garcia's comments about Senegal's tactical structure, along with other pundit remarks, have reignited scrutiny over racially coded language in World Cup commentary, drawing criticism from scholars and anti-racism advocates who argue such language perpetuates harmful stereotypes about Black players and African teams.

Anupam Kher: 'Vijaya Bai Was Brilliant, Kind, Wonderful'

Anupam Kher: 'Vijaya Bai Was Brilliant, Kind, Wonderful'

Rediff.com6 Jul 2026

One of the finest minds in theatre, besides being an exceptional actor and filmmaker. She showed me just how much I still had to learn and understand.'

The 10 Best Indian Films Of 2026 So Far

The 10 Best Indian Films Of 2026 So Far

Rediff.com8 Jul 2026

From Ikkis to Balan: The Boy, these are the 10 Indian films that truly deserved the loudest applause in the first half of 2026.

Govt restricts bulk petrol, diesel purchases from retail pumps

Govt restricts bulk petrol, diesel purchases from retail pumps

Rediff.com12 Jun 2026

The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

Rediff.com28 Jun 2026

As India marks a decade of the Goods and Services Tax (GST), the focus is shifting towards enhancing efficiency through artificial intelligence, data sharing, and process simplification. The reform, which unified India's indirect tax system, has significantly broadened the tax base and boosted revenues, with future plans including a streamlined two-tier rate structure and continued technological integration to reduce compliance costs and combat evasion.

Telegram app is back on Google after ban, not on Apple

Telegram app is back on Google after ban, not on Apple

Rediff.com23 Jun 2026

Instant messaging platform Telegram has been restored in India after a week-long government ban, imposed due to its alleged role in circulating leaked NEET examination papers, expired. The Delhi High Court had upheld the ban as lawful and necessary.

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Rediff.com10 Jun 2026

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.

NBFCs show strong Q4, but near-term outlook remains cautious

NBFCs show strong Q4, but near-term outlook remains cautious

Rediff.com4 Jul 2026

Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

Drones To Drive India's Logistics And Clean Tech Growth

Drones To Drive India's Logistics And Clean Tech Growth

Rediff.com15 Jun 2026

A new study predicts a 55 per cent surge in drone deployment across India's logistics and clean tech sectors over the next three years, driven by rapid digitalisation and the need for faster, more sustainable solutions. The Indian logistics market is projected to nearly double to USD 428.7 billion by 2033, highlighting a significant transformation in these key industries.

Why Are Helmet Prices Rising Across India?

Why Are Helmet Prices Rising Across India?

Rediff.com10 Jun 2026

The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.

Why YRF's Spy Universe Is Failing: From Pathaan's Peak To Alpha's Struggles

Why YRF's Spy Universe Is Failing: From Pathaan's Peak To Alpha's Struggles

Rediff.com9 Jul 2026

The once promising YRF Spy Universe, which delivered Bollywood's first Rs 500 crore grosser with Pathaan, is now grappling with an uncertain future as recent releases like Alpha and War 2 fail to ignite the box office.