Search results for 'IT companies'

SC grants anticipatory bail to DMK's Senthil Balaji in TASMAC corruption case

SC grants anticipatory bail to DMK's Senthil Balaji in TASMAC corruption case

Rediff.com3 hours ago

The Supreme Court has granted anticipatory bail to DMK leader and former minister V Senthil Balaji in a fresh corruption case related to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC), with conditions including cooperation with the investigation and depositing his passport.

Jio Platforms' IPO key driver for RIL stock

Jio Platforms' IPO key driver for RIL stock

Rediff.com4 days ago

Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

Rediff.com23 Jul 2026

L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Rediff.com22 Jul 2026

Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.

Kurnool's Drone City To Host National Roundtable On August 18

Kurnool's Drone City To Host National Roundtable On August 18

Rediff.com22 Jul 2026

Andhra Pradesh's "Drone City" in Kurnool district will host a national roundtable on drones on August 18, with the Civil Aviation Minister and up to 40 drone companies expected to attend. This initiative aims to boost the drone sector, which is projected to create 40,000 jobs.

Four bodies found after 10 climbers, including Nirmal Purja, missing on Broad Peak

Four bodies found after 10 climbers, including Nirmal Purja, missing on Broad Peak

Rediff.com2 hours ago

A search and rescue operation is underway for at least 10 climbers, including renowned Nepali mountaineer Nirmal Purja, who are missing on Pakistan's Broad Peak following a suspected avalanche on Thursday.

SC judge recuses from DMK leader's bail hearing

SC judge recuses from DMK leader's bail hearing

Rediff.com3 hours ago

Supreme Court Justice V Mohana has recused herself from hearing the anticipatory bail plea of DMK leader V Senthil Balaji in a new corruption case related to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC). The plea, seeking pre-arrest bail, was filed after the Madras High Court dismissed Balaji's petition. The case involves a systematic cash-kickback scheme and overcharging at TASMAC retail shops.

Suchitra Krishnamoorthi: 'There's A Sensitivity In Gen Z We Cannot Imagine'

Suchitra Krishnamoorthi: 'There's A Sensitivity In Gen Z We Cannot Imagine'

Rediff.com7 days ago

On the latest episode of The Rediff Podcast, actor-singer Suchitra Krishnamoorthi explains why she admires GenZ's courage and sensitivity.

Six 5-Minute Healthy Meals

Six 5-Minute Healthy Meals

Rediff.com2 days ago

Who says wholesome eating has to be complicated?

'Not settled and done': Meta summoned over Modi's post removal

'Not settled and done': Meta summoned over Modi's post removal

Rediff.com2 days ago

The Indian government has summoned Meta's global head of public policy after Prime Minister Narendra Modi's Facebook post, addressing youth and promising action against paper leaks, was temporarily removed. Meta attributed the removal to a 'glitch' in its automated content filters, an explanation the government deems insufficient, demanding further discussions.

Russia controversy derails Andrea Pirlo's Italy hopes?

Russia controversy derails Andrea Pirlo's Italy hopes?

Rediff.com4 days ago

Andrea Pirlo's potential appointment as Italy's head coach is facing significant political opposition due to his commercial ties as a global ambassador for Russian betting company Fonbet, with Italian parliamentarians and football federation figures expressing concerns.

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

Rediff.com1 days ago

The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.

Reliance shares gain over 1% as Q1 profit, EBITDA hit record highs

Reliance shares gain over 1% as Q1 profit, EBITDA hit record highs

Rediff.com20 Jul 2026

Reliance Industries shares rose over 1 per cent after the company reported record quarterly core profit and EBITDA for the June quarter, driven by strong performances in its oil-to-chemicals and telecom businesses.

What Your Health Insurance Policy Really Covers -- And The Fine Print You Should Never Ignore

What Your Health Insurance Policy Really Covers -- And The Fine Print You Should Never Ignore

Rediff.com1 days ago

Here's decoding the fine print so that you know exactly what your health insurance policy covers, what it doesn't and the policy conditions that deserve your attention before you need to make a claim.

Nestle India reports 48.26% jump in Q1 net profit to Rs 958.68 crore

Nestle India reports 48.26% jump in Q1 net profit to Rs 958.68 crore

Rediff.com22 Jul 2026

FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.

Parliament to grill Instagram, other social media platforms on user privacy

Parliament to grill Instagram, other social media platforms on user privacy

Rediff.com3 days ago

An Indian Parliamentary panel has summoned major social media platforms like Meta, Google, X, and Snapchat, along with MeitY and Home Affairs officials, to discuss the regulation of digital platforms. The meeting, scheduled for August 3, will focus on user privacy, public order, and the platforms' role in recent protests.

Russia issues arrest warrant for Telegram CEO Pavel Durov

Russia issues arrest warrant for Telegram CEO Pavel Durov

Rediff.com2 days ago

Russia's Federal Security Service (FSB) has charged Telegram co-founder Pavel Durov with facilitating terrorist activities and initiated procedures to place him on the international wanted list, according to Russian state-run news agency TASS.

10 Moms Who Rewrote Motherhood On Screen

10 Moms Who Rewrote Motherhood On Screen

Rediff.com1 days ago

Ahead of Balan: The Boy's OTT debut, we revisit 10 unforgettable movie mothers who shattered the saintly stereotype with love, obsession, revenge and ambition.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Rediff.com7 days ago

Indian benchmark indices, Sensex and Nifty, recorded their fifth consecutive day of losses, driven by investor caution over rising oil prices due to West Asia tensions and renewed concerns regarding US trade tariffs.

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Rediff.com23 May 2026

Global financial institutions, including Goldman Sachs and Citigroup, have invested Rs 963 crore in One 97 Communications (Paytm's parent company) through open market transactions, acquiring a 1.34 per cent stake from SAIF Partners and Elevation Capital.

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Rediff.com15 Jul 2026

Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.

MG Motor launches India's first multi-powertrain new energy vehicle platform

MG Motor launches India's first multi-powertrain new energy vehicle platform

Rediff.com17 Jul 2026

JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.

MP moves SC against Delhi police's FRT, biometric surveillance at protests

MP moves SC against Delhi police's FRT, biometric surveillance at protests

Rediff.com2 days ago

A Rajya Sabha lawmaker has filed a plea in the Supreme Court challenging the Delhi Police's alleged use of facial recognition technology and other biometric surveillance during a recent protest. The plea argues that such surveillance at peaceful assemblies is unconstitutional and lacks legal backing, seeking a declaration against its indiscriminate use and a mechanism for data access and deletion.

Indian Investors Boost Paytm Stake To Over 51%

Indian Investors Boost Paytm Stake To Over 51%

Rediff.com15 Jul 2026

Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.

Indian Investors Boost Paytm Stake To Over 51%

Indian Investors Boost Paytm Stake To Over 51%

Rediff.com15 Jul 2026

Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

Rediff.com21 Jul 2026

HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Rediff.com16 Jul 2026

IT major Wipro reported a nearly flat consolidated net profit of Rs 3,352 crore in the April-June quarter of FY27, a marginal increase from Rs 3,330.4 crore in the year-ago period, while revenue from operations grew 10.6 per cent to Rs 24,478.6 crore.

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Rediff.com5 days ago

A Mumbai consumer court has directed Flipkart and its seller to refund over Rs 1.11 lakh to a customer who received beard growth oil instead of an Apple iPhone, and to pay an additional Rs 70,000 in compensation and litigation costs, citing "unfair trade practice" and "deficiency in service."

Why Is BMW Losing Profit Even After Selling More Cars?

Why Is BMW Losing Profit Even After Selling More Cars?

Rediff.com17 Jul 2026

BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.

FIFA's $20 Billion Subsidiary Plan: Infantino's Ultimatum & Global Backlash

FIFA's $20 Billion Subsidiary Plan: Infantino's Ultimatum & Global Backlash

Rediff.com1 days ago

FIFA President Gianni Infantino's proposal to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to commercialise its events and offer stakes to external investors, has drawn significant criticism from governing bodies like UEFA and CONCACAF, who accuse FIFA of a lack of transparency and attempting to 'sell the soul of football'.

First Dengue Vaccine Approved for India

First Dengue Vaccine Approved for India

Rediff.com21 Jul 2026

The vaccine has been cleared for use in individuals aged 4 to 60 years and can be administered irrespective of whether the taker has had dengue before, eliminating the need for pre-vaccination screening.

RIL Q1 Profit Falls 22% on Asian Paints Stake Sale

RIL Q1 Profit Falls 22% on Asian Paints Stake Sale

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Rediff.com19 Jul 2026

Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.

Amit Shah ordered use of force against students, he must quit: Dipke

Amit Shah ordered use of force against students, he must quit: Dipke

Rediff.com1 days ago

Cockroach Janta Party (CJP) founder Abhijeet Dipke has demanded Union Home Minister Amit Shah's resignation, alleging that orders to use force against students during the July 20 "Sansad Chalo" march over the NEET exam paper leak must have come from Shah himself. Dipke also criticised the appointment of Pralhad Joshi as the new Education Minister and dismissed Yoga guru Ramdev's comments on Gen Z.

SBI Funds Management IPO: Listing Expected Next Week After Rs 11,692 Crore Offer

SBI Funds Management IPO: Listing Expected Next Week After Rs 11,692 Crore Offer

Rediff.com14 Jul 2026

SBI Funds Management Ltd. is set to list on stock exchanges next week following its Rs 11,692 crore Initial Public Offering (IPO), which involves an Offer for Sale (OFS) of a 10 per cent stake by SBI and Amundi.

Vikram-1, India's 1st private orbital-class rocket, successfully enters space

Vikram-1, India's 1st private orbital-class rocket, successfully enters space

Rediff.com18 Jul 2026

Skyroot Aerospace successfully launched India's first privately developed orbital rocket, Vikram-1, placing multiple technology demonstration payloads and commemorative items, including a postcard from Prime Minister Narendra Modi, into low Earth orbit, marking a significant entry into the global orbital launch market.

Will Trump Impose 100 Per Cent Tariffs On India?

Will Trump Impose 100 Per Cent Tariffs On India?

Rediff.com10 hours ago

It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

Rediff.com14 Jul 2026

Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

Rediff.com14 Jul 2026

Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.