Search results for 'IT firms'

Construction firm clerk killed for refusing to inflate diesel bills

Construction firm clerk killed for refusing to inflate diesel bills

Rediff.com2 days ago

A clerk at a private construction firm in Jharkhand's Giridih district was allegedly abducted and murdered after he refused to prepare inflated fuel bills, leading to the arrest of four individuals, including two company employees.

Former Anthropic Researcher Alleges AI Firms Are 'Gambling With Our Lives'

Former Anthropic Researcher Alleges AI Firms Are 'Gambling With Our Lives'

Rediff.com2 days ago

Jacob Coxon, an AI researcher formerly with OpenAI and Anthropic, has resigned, accusing leading tech firms of an irresponsible and unchecked race towards developing superintelligence. He warns that this competitive rush, lacking adequate safeguards, poses an existential threat, potentially leading to catastrophic harm and "gambling with our lives."

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com27 Aug 2026

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Rediff.com21 Aug 2026

A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.

Why Are Indian IT Firms Cutting H-1B Applications?

Why Are Indian IT Firms Cutting H-1B Applications?

Rediff.com21 Aug 2026

Indian IT companies have significantly reduced their fresh H-1B visa applications for US FY27, a direct consequence of soaring fees imposed by the Trump administration and new lottery system changes that prioritise higher-salaried employees, leading to a seven-year low in registrations.

Indian IT Firms Spend $1.1 Billion To Strengthen STEM Pipeline In US

Indian IT Firms Spend $1.1 Billion To Strengthen STEM Pipeline In US

Rediff.com26 Aug 2026

Nasscom said while the visa programme has been used by companies to address the skill gap in the US by bringing in foreign employees, the number of H-1B employees from Indian companies have come down substantially over the last decade.

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Rediff.com23 Aug 2026

The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.

West Asia Disruption Keeps Oil Prices Firm, $100/bbl Risk Looms

West Asia Disruption Keeps Oil Prices Firm, $100/bbl Risk Looms

Rediff.com28 Aug 2026

Oil prices are expected to remain elevated due to disruptions in the Strait of Hormuz, with both the US Energy Information Administration (EIA) and Rabobank International forecasting firm prices and a potential surge above $100 a barrel if disruptions worsen.

Sports Ministry Firm On Asian Games Tennis Selection Criteria

Sports Ministry Firm On Asian Games Tennis Selection Criteria

Rediff.com25 Aug 2026

Five Indian tennis players were excluded from the Asian Games squad because they did not meet the Sports Ministry's stringent international ranking criteria, a decision that has drawn criticism from veteran players like Rohan Bopanna but is being upheld by authorities to maintain administrative integrity.

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Rediff.com16 Aug 2026

The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.

1st Test: Dinusha's maiden ton gives Sri Lanka hope, but India remain firmly in charge

1st Test: Dinusha's maiden ton gives Sri Lanka hope, but India remain firmly in charge

Rediff.com17 Aug 2026

Sonal Dinusha's maiden Test hundred sparked Sri Lanka's fightback in Galle, but India retained firm control after bowling out the hosts for 284 to secure a 178-run lead.

Indian IT firms see uptick in outcome-based deals driven by AI

Indian IT firms see uptick in outcome-based deals driven by AI

Rediff.com21 Aug 2026

Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.

'No question on dy PM candidate Vijay': TN Cong min firm on Rahul as PM face

'No question on dy PM candidate Vijay': TN Cong min firm on Rahul as PM face

Rediff.com7 days ago

Tamil Nadu minister P Viswanathan on Friday said that Congress leader and Leader of Opposition in Lok Sabha, Rahul Gandhi, will be the prime ministerial candidate in the 2029 elections, while expressing confidence in the Congress' political position in the state.

'Firmly believe Fadnavis will become PM sooner or later': CM's uncle

'Firmly believe Fadnavis will become PM sooner or later': CM's uncle

Rediff.com2 Aug 2026

Maharashtra Chief Minister Devendra Fadnavis' paternal uncle, Balasaheb Fadnavis, expressed his firm belief that his nephew would "sooner or later" become the Prime Minister of India. This statement comes amidst growing speculation about Devendra Fadnavis' potential shift to national politics, especially following recent political developments and claims by Shiv Sena (UBT) leaders.

Why Fund Managers Are Avoiding IT Stocks

Why Fund Managers Are Avoiding IT Stocks

Rediff.com2 days ago

IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.

Stock Markets Today: Sensex, Nifty Flat in Early Trade; Oil Above $100

Stock Markets Today: Sensex, Nifty Flat in Early Trade; Oil Above $100

Rediff.com1 days ago

Indian benchmark indices, Sensex and Nifty, traded flat in early deals due to elevated crude oil prices exceeding USD 100 per barrel and persistent geopolitical tensions, which subdued investor risk appetite.

Mumbai firm get Nadcap nod, boosts aircraft component sourcing from India

Mumbai firm get Nadcap nod, boosts aircraft component sourcing from India

Rediff.com25 Aug 2026

Mumbai-based TCR Engineering Services has become the first independent company in India to receive Nadcap accreditation for materials testing at its Navi Mumbai and Vadodara laboratories, a crucial step for Indian suppliers to enter the global aerospace supply chain.

Stock Markets Today: Sensex, Nifty Sink as Brent Breaches $108/barrel

Stock Markets Today: Sensex, Nifty Sink as Brent Breaches $108/barrel

Rediff.com1 days ago

Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.

Stock Markets Today: Sensex, Nifty Dip as West Asia Conflict, US Rate Hike Concerns Weigh

Stock Markets Today: Sensex, Nifty Dip as West Asia Conflict, US Rate Hike Concerns Weigh

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices, escalating US-Iran hostilities, and renewed concerns over a potential US interest rate hike.

West Asia Tensions, Soaring Oil Prices Drag Sensex to 3-Month Low

West Asia Tensions, Soaring Oil Prices Drag Sensex to 3-Month Low

Rediff.com2 days ago

The benchmark Sensex plummeted 813 points to a three-month low, with the Nifty settling below 23,450, as escalating tensions in West Asia drove crude oil prices above USD 100 per barrel, leading to widespread selling in IT, FMCG, financial services, and oil & gas shares.

Stock Markets Today: Sensex, Nifty dip on West Asia crisis, oil prices

Stock Markets Today: Sensex, Nifty dip on West Asia crisis, oil prices

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, saw declines in early trade due to escalating crude oil prices and ongoing US-Iran hostilities, which subdued investor risk appetite.

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Rediff.com17 hours ago

Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.

Stock Markets Today: Sensex, Nifty Tumble as Crude Nears $100/barrel

Stock Markets Today: Sensex, Nifty Tumble as Crude Nears $100/barrel

Rediff.com3 days ago

Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.

AI drives demand for flexible office spaces as firms seek agility

AI drives demand for flexible office spaces as firms seek agility

Rediff.com21 Aug 2026

Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.

Indian Markets Rebound: Sensex, Nifty Up Despite High Crude Oil, Geopolitical Tensions

Indian Markets Rebound: Sensex, Nifty Up Despite High Crude Oil, Geopolitical Tensions

Rediff.com1 days ago

Indian benchmark indices, Sensex and Nifty, closed higher on Thursday, breaking a three-day losing streak, driven by late buying in financial heavyweights like HDFC Bank and Axis Bank, despite persistent geopolitical tensions and crude oil prices exceeding USD 100 per barrel.

Century 21 to enter India with 126-region franchise model, targeting 1,500 offices

Century 21 to enter India with 126-region franchise model, targeting 1,500 offices

Rediff.com2 days ago

US-based real estate agent franchise firm Century 21 is set to enter the Indian market, estimated at around $600 billion, with a franchise-led business model. The company aims to connect Indian buyers with international properties and NRIs with Indian real estate, projecting 1,500 offices and 30,000 agents within five years.

Top AI Researcher Resigns From Anthropic, Alleges Reckless Race To Superintelligence

Top AI Researcher Resigns From Anthropic, Alleges Reckless Race To Superintelligence

Rediff.com2 days ago

Jacob Coxon, an AI researcher, resigned from Anthropic, accusing leading tech firms like OpenAI and Anthropic of irresponsibly racing towards superintelligence without adequate safeguards. He warned of existential dangers, a sentiment echoed by Anthropic's Evan Hubinger, who admitted the company lacks a plan for superintelligence alignment.

Foreign Investors Pull Rs 7,443 Crore from Indian Equities Amid Global Headwinds

Foreign Investors Pull Rs 7,443 Crore from Indian Equities Amid Global Headwinds

Rediff.com5 days ago

Foreign portfolio investors (FPIs) turned net sellers in the first week of September, withdrawing Rs 7,443 crore from Indian equities, driven by rising crude oil prices, increasing US bond yields, and a strong dollar.

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Rediff.com28 Jul 2026

Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.

Sensex, Nifty decline as West Asia conflict, US rate hike concerns weigh on investor sentiment

Sensex, Nifty decline as West Asia conflict, US rate hike concerns weigh on investor sentiment

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.

West Asia conflict, crude oil prices, US inflation to steer stock markets

West Asia conflict, crude oil prices, US inflation to steer stock markets

Rediff.com5 days ago

Analysts predict that developments in the West Asia conflict, crude oil prices, and upcoming US inflation data will be the primary factors influencing the Indian stock market next week, alongside foreign investor activity and global market trends.

Sensex, Nifty Extend Losses as Geopolitical Concerns, Crude Prices Weigh

Sensex, Nifty Extend Losses as Geopolitical Concerns, Crude Prices Weigh

Rediff.com3 days ago

Indian stock market benchmark indices Sensex and Nifty recorded their second consecutive day of decline, with the Sensex dropping 555.23 points and the Nifty falling 144.05 points, primarily due to rising crude oil prices and ongoing US-Iran hostilities in West Asia.

India Tops Junior Asia Cup Pool After Goalless Draw With China

India Tops Junior Asia Cup Pool After Goalless Draw With China

Rediff.com2 days ago

The Indian junior women's hockey team played a goalless draw against China in their final elite pool match of the Junior Asia Cup. This result secured India the top spot in their pool due to a superior goal difference, setting up a quarter-final clash against Pakistan.

Indian Equities Extend Losses as West Asia Tensions Fuel Oil Price Hike

Indian Equities Extend Losses as West Asia Tensions Fuel Oil Price Hike

Rediff.com2 Sep 2026

Indian stock markets, including the Sensex and Nifty, experienced their third consecutive day of declines, driven by a global selloff, escalating tensions in West Asia, and a subsequent rise in crude oil prices.

India Inc's foreign funding intent surges to $7.7 billion in July

India Inc's foreign funding intent surges to $7.7 billion in July

Rediff.com3 days ago

Indian companies, including NBFCs, filed proposals to raise $7.696 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in July 2026, a significant increase from $6.09 billion in June.

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.

Stock Markets Today: Sensex, Nifty Sink on US-Iran Crisis

Stock Markets Today: Sensex, Nifty Sink on US-Iran Crisis

Rediff.com2 Sep 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a bearish trend in global equities, as escalating conflict in West Asia drove up crude oil prices and intensified investor concerns.

Rentomojo IPO subscribed 73 times, Karamtara 62.6 times; 4 others also fully subscribed

Rentomojo IPO subscribed 73 times, Karamtara 62.6 times; 4 others also fully subscribed

Rediff.com12 hours ago

Six initial public offerings, including Rentomojo Ltd and Karamtara Engineering, were fully subscribed on their final day of bidding, with Rentomojo's IPO subscribed 72.88 times and Karamtara's 62.63 times, reflecting robust investor appetite in the primary market.

Kareena's Cool Plot Twist Has No Daayra!

Kareena's Cool Plot Twist Has No Daayra!

Rediff.com1 days ago

Kareena Kapoor Khan and Ritu Kumar share a friendship that goes far beyond clothes, making Bebo the perfect muse for the designer's latest couture collection.

Hexaware Names Vivek Jetley New CEO To Drive AI Growth

Hexaware Names Vivek Jetley New CEO To Drive AI Growth

Rediff.com2 Sep 2026

Hexaware Technologies has announced Vivek Jetley as its CEO-Designate, succeeding Srikrishna Ramakarthikeyan. Jetley will take over on October 28, 2026, with a mandate to accelerate growth and scale the company's AI-led services globally, leveraging his extensive experience in AI and enterprise transformation.