Search results for 'IT firms'

One 97 Communications Subsidiary Gets European Payment Institution Licence

One 97 Communications Subsidiary Gets European Payment Institution Licence

Rediff.com3 Jul 2026

One 97 Communications, operating as Paytm, announced that its subsidiary, Paytm Europe Payments, has secured a payment institution licence from Luxembourg's financial regulator, CSSF, effective July 2, 2026. This licence permits services like execution of payment transactions, credit transfers, and acquiring payment transactions, marking a significant step in Paytm's European expansion strategy, supported by a recent 9 million euro investment from Paytm Cloud Technologies Limited.

Wimbledon: Sinner snaps Struff's fairytale run to reach semifinals

Wimbledon: Sinner snaps Struff's fairytale run to reach semifinals

Rediff.com7 Jul 2026

Champion Jannik Sinner ended one of the feel-good stories at this year's Wimbledon when he tamed big-serving German warrior Jan-Lennard Struff 7-5, 7-6(4), 6-3 to reach the semifinals on Tuesday.

TMC leader's son's cafe demolished for encroachment

TMC leader's son's cafe demolished for encroachment

Rediff.com2 Jul 2026

An allegedly illegal cafe, Aranayer Kule, owned by Imran Molla, son of TMC leader Saokat Molla, was demolished in West Bengal's South 24 Parganas district. The demolition followed repeated notices from the district administration regarding the structure's encroachment on Matla river's sandbank, which the family failed to remove.

NFRA Probes Rajesh Exports Over Rs 15.5 Lakh Crore Revenue Discrepancies

NFRA Probes Rajesh Exports Over Rs 15.5 Lakh Crore Revenue Discrepancies

Rediff.com7 Jul 2026

The National Financial Reporting Authority (NFRA) has initiated a probe into Rajesh Exports following capital markets regulator Sebi's findings of Rs 15.5 lakh crore in revenue misstatements. NFRA chairperson Nitin Gupta also emphasised the critical need for genuine board independence in promoter-driven companies and human oversight in financial reporting, especially with the increasing integration of AI.

NFRA Probes Rajesh Exports Over Rs 15.5 Lakh Crore Revenue Discrepancies

NFRA Probes Rajesh Exports Over Rs 15.5 Lakh Crore Revenue Discrepancies

Rediff.com7 Jul 2026

The National Financial Reporting Authority (NFRA) has initiated a probe into Rajesh Exports following capital markets regulator Sebi's findings of Rs 15.5 lakh crore in revenue misstatements. NFRA chairperson Nitin Gupta also emphasised the critical need for genuine board independence in promoter-driven companies and human oversight in financial reporting, especially with the increasing integration of AI.

Crude oil, global cues, TCS earnings to steer Indian stock market this week

Crude oil, global cues, TCS earnings to steer Indian stock market this week

Rediff.com5 Jul 2026

The Indian stock market's trajectory this week will be significantly influenced by crude oil prices, global market trends, and the commencement of the corporate earnings season, with IT major TCS set to announce its June-quarter results on July 9.

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

Rediff.com30 Jun 2026

Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

Rediff.com17 Jun 2026

Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."

BrahMos Missile Gets Lethal Upgrade

BrahMos Missile Gets Lethal Upgrade

Rediff.com1 Jul 2026

The next-generation missile is expected to be substantially smaller and lighter than the current BrahMos, which weighs around 3 tonnes. The reduction in weight could allow fighter aircraft to carry more missiles per sortie, enhancing combat effectiveness.

Ten-man England edge out Mexico to enter World Cup last 8

Ten-man England edge out Mexico to enter World Cup last 8

Rediff.com6 Jul 2026

England defeated Mexico 3-2 in a hard-fought World Cup match to secure their place in the quarter-finals. Despite playing with ten men after Jarell Quansah's red card, goals from Jude Bellingham and Harry Kane ensured England's victory.

Magic Mortal Messi Scripts Argentina's Miracle Rescue

Magic Mortal Messi Scripts Argentina's Miracle Rescue

Rediff.com8 Jul 2026

Lionel Messi experienced an emotional rollercoaster in Argentina's World Cup last-16 tie against Egypt, missing a penalty but ultimately scoring a vital late equaliser to save his team's World Cup dream after being two goals down.

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Rediff.com7 Jul 2026

India's markets regulator, Sebi, has reintroduced rules allowing companies to repurchase their own shares through stock exchanges in the open market, effective August 1, 2026. The new framework caps the execution period at 66 working days and aims to enhance flexibility and efficiency for capital allocation.

Stock markets today: Sensex, Nifty extend gains as crude oil prices drop, IT stocks surge

Stock markets today: Sensex, Nifty extend gains as crude oil prices drop, IT stocks surge

Rediff.com17 Jun 2026

Indian benchmark indices, Sensex and Nifty, extended their rally for the fourth consecutive day, driven by a significant drop in crude oil prices and strong performance from IT firms, despite mixed global cues.

Stock markets today: Sensex, Nifty Rebound in Early Trade Amid Positive Global Cues

Stock markets today: Sensex, Nifty Rebound in Early Trade Amid Positive Global Cues

Rediff.com1 Jul 2026

Indian benchmark indices, Sensex and Nifty, rebounded in early trade after two days of decline, driven by positive global market trends and strong buying in auto stocks. This recovery follows a robust performance in US markets and a rally in Asian markets, particularly Japan's Nikkei, fueled by AI-driven technology optimism. Track Sensex, Nifty on July 1.

Mcap of 8 most valued firms surges by Rs 1.87 lakh cr; Airtel biggest winner

Mcap of 8 most valued firms surges by Rs 1.87 lakh cr; Airtel biggest winner

Rediff.com19 Apr 2026

Eight of India's top-10 most valued firms saw their combined market valuation increase by Rs 1,87,497.45 crore last week, with Bharti Airtel emerging as the largest gainer, reflecting a positive trend in the equities market.

Chris Nolan On Why Mumbai Was A Special Stop For The Odyssey

Chris Nolan On Why Mumbai Was A Special Stop For The Odyssey

Rediff.com11 Jul 2026

At The Odyssey's Mumbai press conference with Christopher Nolan and the cast.

Champat Rai's resignation accepted, interim general secretary appointed

Champat Rai's resignation accepted, interim general secretary appointed

Rediff.com6 Jul 2026

The Ram temple trust on Monday accepted the resignations of Champat Rai as its general secretary and member Anil Mishra in the wake of embezzlement of donations. Trustee Krishna Mohan has been named as interim general secretary. The Shri Ram Janmabhoomi Teerth Kshetra Trust also announced the formation of a three-member committee to identify a chief executive officer (CEO) for the temple trust.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com27 Jun 2026

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Rediff.com3 Jul 2026

Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.

Javelin Star Neeraj Chopra To Compete In Doha

Javelin Star Neeraj Chopra To Compete In Doha

Rediff.com15 Jun 2026

Indian javelin throw superstar Neeraj Chopra is set to make his competitive return at the Doha Diamond League on June 19. The Olympic champion has been recovering from a back injury that kept him out of action earlier this season. His management firm confirmed his participation via Instagram.

Shiv Sena corporator, supporters assault doctors inside hospital, booked

Shiv Sena corporator, supporters assault doctors inside hospital, booked

Rediff.com8 Jul 2026

A Shiv Sena corporator, Ramesh Sukrya Mhatre, and five associates have been booked for allegedly assaulting two doctors at a civic-run hospital in Kalyan, Thane, after a family was advised to transfer a newborn due to lack of NICU space. The incident, captured on video, led to widespread outrage and threats of protests from the Indian Medical Association.

23 Oppn parties, including DMK, AAP, write to CJI on SIR

23 Oppn parties, including DMK, AAP, write to CJI on SIR

Rediff.com30 Jun 2026

Twenty-three political parties and an Independent MP have jointly written to Chief Justice Surya Kant regarding the Election Commission's Special Intensive Revision (SIR) process and other election-related issues, a move spearheaded by the INDIA bloc.

Supreme Court Grants Bail to Software Firm Owner in Sexual Harassment Case

Supreme Court Grants Bail to Software Firm Owner in Sexual Harassment Case

Rediff.com16 Apr 2026

The Supreme Court has granted anticipatory bail to a software firm owner accused of sexually harassing an employee and attempting to frame her and her husband in a criminal case. The court has directed him to cooperate with the investigation and not to influence witnesses.

Exodus continues from AIADMK, 3 former ministers join Vijay's TVK

Exodus continues from AIADMK, 3 former ministers join Vijay's TVK

Rediff.com2 Jul 2026

Three former AIADMK ministers, Dr C Vijayabaskar, M R Vijayabaskar, and M S M Anandan, along with their supporters, have joined the ruling Tamilaga Vettri Kazhagam (TVK), prompting the DMK to label the move as 'washing machine' politics, referencing allegations of corruption against the defectors.

CJP protest: Wangchuk loses 6 kg as fast enters 8th day

CJP protest: Wangchuk loses 6 kg as fast enters 8th day

Rediff.com5 Jul 2026

The Cockroach Janta Party's (CJP) protest at the Jantar Mantar in New Delhi, demanding Education Minister Dharmendra Pradhan's resignation and government accountability over alleged examination irregularities, entered its 16th day on Sunday, while it was the eighth day of an indefinite hunger strike announced by climate activist Sonam Wangchuk, who has lost around six kg since beginning the fast.

'Hit them hard again tonight': Trump warns of more strikes on Iran

'Hit them hard again tonight': Trump warns of more strikes on Iran

Rediff.com8 Jul 2026

Hours after US President Donald Trump on Wednesday said that the ceasefire deal with Iran was "over", the US President indicated that Washington could launch another round of strikes against the Islamic Republic, following strikes on Tuesday, saying it had already hit Tehran "very hard" and warning of further attacks.

Stock Markets Today: Sensex, Nifty Gain As Crude Prices Fall, Buying In Blue-chips

Stock Markets Today: Sensex, Nifty Gain As Crude Prices Fall, Buying In Blue-chips

Rediff.com22 Jun 2026

Indian stock market benchmark indices Sensex and Nifty rebounded in early trade, driven by a decline in crude oil prices, supportive global cues, fresh foreign fund inflows, and buying in blue-chips like Reliance Industries and HDFC Bank. Track Sensex, Nifty movement on June 22, 2026.

Nifty IT Rout: 9 Of 10 Stocks Below 200-DMA

Nifty IT Rout: 9 Of 10 Stocks Below 200-DMA

Rediff.com3 Jul 2026

The Nifty IT index has been one of the worst sectoral performers in calendar year 2026, losing nearly 29 per cent till date compared to the 8 per cent dip in the Nifty 50 index.

Indian Talent Continues To Ascend Global Tech Leadership Ranks

Indian Talent Continues To Ascend Global Tech Leadership Ranks

Rediff.com22 Jun 2026

Kunal Shah, founder of CRED, has been appointed global head of WhatsApp, joining a growing list of Indian-origin executives leading major technology companies worldwide. This trend underscores the increasing demand for Indian talent in strategic leadership roles across Silicon Valley.

Eye on China, Modi seals uranium deal with Australia

Eye on China, Modi seals uranium deal with Australia

Rediff.com9 Jul 2026

India and Australia have signed significant agreements covering civil nuclear energy, maritime security, and critical minerals, reinforcing their partnership's role in ensuring a peaceful Indo-Pacific. The pacts facilitate uranium supply from Australia to India and enhance cooperation in defence, cyber, and critical technologies.

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

Rediff.com24 Jun 2026

Fugitive diamond merchant Nirav Modi has been ordered by a UK High Court to pay Bank of India over USD 11.5 million, including accruing interest, for a personal loan guarantee related to his Dubai-incorporated firm, Firestar Diamond FZE.

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Rediff.com20 May 2026

India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.

India's First OptoSAR Mission Ends in Failure

India's First OptoSAR Mission Ends in Failure

Rediff.com7 Jul 2026

While recovery efforts are ongoing, the likelihood of recovery currently appears low.

Sudharsan Century Puts India A In Strong Position

Sudharsan Century Puts India A In Strong Position

Rediff.com25 Jun 2026

India A took firm control on the opening day of their unofficial Test series against Sri Lanka A, posting 333 for four. Sai Sudharsan scored a fluent century, while skipper Dhruv Jurel and Shaik Rasheed contributed unbeaten half-centuries, frustrating the Sri Lankan bowlers in Galle.

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

Rediff.com9 Jul 2026

'Buy on dips, buy on dips and sell on rise.'

Pune groom-to-be killed in 400-foot plunge from fort during birthday trip

Pune groom-to-be killed in 400-foot plunge from fort during birthday trip

Rediff.com19 Jun 2026

A man celebrating his fiance's birthday tragically fell 400 feet to his death from Maharashtra's historic Lohagad fort while attempting to take photographs amidst strong winds.

FIFA World Cup: The Billion-Dollar Secret Behind Morocco's Football Boom

FIFA World Cup: The Billion-Dollar Secret Behind Morocco's Football Boom

Rediff.com4 Jul 2026

Morocco's impressive rise in global football is uniquely funded by its vast phosphate reserves, with the state-owned OCP Group investing heavily in national team development. This strategic investment, driven by a royal directive, supports training academies and infrastructure, contributing to the nation's recent successes like reaching the 2022 World Cup semi-finals and hosting the 2025 Africa Cup of Nations. The country's abundant phosphate resources provide a stable economic base for these ambitious sporting endeavours.

FIFA sticks with original kickoff time for Mexico-England showdown

FIFA sticks with original kickoff time for Mexico-England showdown

Rediff.com4 Jul 2026

FIFA is expected to keep the scheduled kickoff for Mexico's World Cup Round of 16 clash against England at the Estadio Azteca despite weather concerns, as the hosts prepare to defend their formidable home record.

A Topper Reveals: Biggest Challenge In CA Prep Is....

A Topper Reveals: Biggest Challenge In CA Prep Is....

Rediff.com29 Jun 2026

CA All India Rank 3 Sohan Anil Manjrekar tells Rediff how he spent five years preparing for one of the toughest examinations in the country; he did it to fulfil his father's dream.

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.'