Search results for 'IT Industry'

HCLTech Report Reveals Integration As Semiconductor Industry's Biggest Hurdle

HCLTech Report Reveals Integration As Semiconductor Industry's Biggest Hurdle

Rediff.com7 days ago

A global research report by HCLTech indicates that integration has surpassed supply chain constraints as the primary challenge for the semiconductor industry. The study, which surveyed 300 senior leaders, highlights increasing dependency on semiconductors across industries, with 98% of enterprises more reliant now than three years ago and 99% expecting further increases. AI is also driving the strategic importance of semiconductor architecture.

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Rediff.com8 hours ago

Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.

Industry Leaders Advocate AI And Agility For Business Growth

Industry Leaders Advocate AI And Agility For Business Growth

Rediff.com4 days ago

Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.

Zoho Launches AI-Powered Zia Chat And Industry-Specific SaaS Solutions

Zoho Launches AI-Powered Zia Chat And Industry-Specific SaaS Solutions

Rediff.com2 days ago

Homegrown software company Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions. Alongside this, Zoho announced its entry into vertical SaaS with seven industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a 'Swadeshi' alternative to global tech giants.

Industry credit growth jumps 20% in July, gold loans moderate: RBI data

Industry credit growth jumps 20% in July, gold loans moderate: RBI data

Rediff.com1 Sep 2026

Bank credit to industry in India surged by 20 per cent year-on-year in July, significantly accelerating from the previous year, driven by strong expansion in sectors like engineering, gems and jewellery, and petroleum-related industries, according to the Reserve Bank of India (RBI). However, growth in gold loans, while still expanding, saw a sharp moderation.

Industrial Production Sees 6.7% Rise in July Driven by Manufacturing

Industrial Production Sees 6.7% Rise in July Driven by Manufacturing

Rediff.com28 Aug 2026

India's industrial production increased by 6.7 per cent in July 2026, primarily driven by a 7.3 per cent growth in the manufacturing sector and a strong 8.7 per cent rise in electricity and gas supply, despite a contraction in the mining sector.

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Rediff.com20 Aug 2026

The Supreme Court, in a 6:3 majority verdict, has ruled that the expansive, labour-friendly definition of 'industry' from its 1978 Bangalore Water Supply and Sewerage Board judgement will not be used for interpreting the Industrial Relations Code of 2020. However, the 'triple test' from the 1978 verdict will still apply to pending cases under the now-repealed 1947 Industrial Disputes Act.

How AI Shapes India's Cultural Wealth And Music Industry

How AI Shapes India's Cultural Wealth And Music Industry

Rediff.com1 Sep 2026

Prasar Bharati Chairman Prasoon Joshi voiced concerns over AI's impact on India's cultural heritage, including music and endangered languages, advocating for human-AI collaboration. Meanwhile, a Spotify report revealed significant growth in royalties for Indian artists, with linguistic diversity driving economic strength in the creative industries, highlighting the platform's role in enabling talent across various Indian languages.

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

Rediff.com16 Aug 2026

The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.

Passenger Vehicle Dispatches Surge 34.3% in July, Fueling Auto Industry Growth

Passenger Vehicle Dispatches Surge 34.3% in July, Fueling Auto Industry Growth

Rediff.com13 Aug 2026

Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).

India's FDI hits record $94.53 bn in FY26, cumulative inflows reach $843 bn

India's FDI hits record $94.53 bn in FY26, cumulative inflows reach $843 bn

Rediff.com7 hours ago

India has achieved its highest-ever annual Foreign Direct Investment (FDI) inflow of USD 94.53 billion in FY 2025-26, with cumulative FDI reaching USD 843 billion since 2014-15, announced Commerce and Industry Minister Piyush Goyal. Production Linked Incentive (PLI) schemes have also significantly boosted investment, production, exports, and job creation.

IIT Madras Launches Advanced Robotics Lab With Bechtel Collaboration

IIT Madras Launches Advanced Robotics Lab With Bechtel Collaboration

Rediff.com3 days ago

IIT Madras has inaugurated a new state-of-the-art robotics laboratory, established with CSR support from Bechtel India. This collaboration aims to accelerate research, innovation, and industry applications in robotics and automation, specifically for the construction and infrastructure sectors, fostering advanced technological solutions and workforce development.

Centre pushes states, UTs to finalise labour Code rules by October 31

Centre pushes states, UTs to finalise labour Code rules by October 31

Rediff.com5 hours ago

The Indian government is pressing all states and Union Territories (UTs) to publish their rules under the four new labour Codes by October 31, aiming to fully operationalise the new labour law framework. This move is crucial as labour falls under the concurrent list, requiring state-level rule-making for effective implementation.

Industrial Production Jumps 7.3% in June, Driven by Manufacturing & Power

Industrial Production Jumps 7.3% in June, Driven by Manufacturing & Power

Rediff.com28 Jul 2026

India's industrial production recorded a significant 7.3 per cent year-on-year growth in June, primarily fuelled by a strong performance in the manufacturing sector and robust expansion in electricity and gas supply.

Assam CM Unveils NESFIC To Transform Northeast Into Innovation Hub

Assam CM Unveils NESFIC To Transform Northeast Into Innovation Hub

Rediff.com1 hour ago

Assam Chief Minister Himanta Biswa Sarma launched the North East Seva Innovation Challenge (NESFIC), envisioning the region as India's 'living laboratory' for technology and problem-solving. The initiative aims to empower young innovators to address real-world challenges faced by government, industries, and citizens, with a focus on practical implementation and government procurement.

Viksit Bharat: What Nirmala Sitharaman told India Inc

Viksit Bharat: What Nirmala Sitharaman told India Inc

Rediff.com3 days ago

Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.

Tax relief on insurance drives higher policy purchases, expands coverage

Tax relief on insurance drives higher policy purchases, expands coverage

Rediff.com3 days ago

The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.

Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products

Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products

Rediff.com2 days ago

Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions by providing a single conversational platform for information, lead generation, and data analysis. Concurrently, the company has expanded into vertical SaaS with seven new industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a homegrown alternative to global tech giants.

Karnataka CM Unveils KEONICS' Vision For Tech-Driven Future

Karnataka CM Unveils KEONICS' Vision For Tech-Driven Future

Rediff.com3 days ago

Karnataka Chief Minister D K Shivakumar lauded KEONICS' initiative to provide AI-based KEO computers to rural children, marking the institution's golden jubilee. The KEO computers, developed in Karnataka, aim to bridge the digital divide. Shivakumar also highlighted government efforts to promote IT beyond Bengaluru, enhance industry-oriented skills, and digitise property records, emphasising the state's commitment to technology and skill development.

Indian B-Schools Face Urgent Need To Boost AI Competencies

Indian B-Schools Face Urgent Need To Boost AI Competencies

Rediff.com7 days ago

A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.

How ARAI Is Boosting India's Drone Sector With New Certification

How ARAI Is Boosting India's Drone Sector With New Certification

Rediff.com1 days ago

The Automotive Research Association of India (ARAI) has launched comprehensive conformity assessment and certification services for drone manufacturers, aiming to streamline the type approval process for Unmanned Aerial Systems (UAS) in India. This initiative supports the rapidly expanding drone sector by ensuring design, quality, and performance meet evolving safety and airworthiness standards.

India initiates anti-dumping probes against Chinese Glycine and CPVC resin circumvention

India initiates anti-dumping probes against Chinese Glycine and CPVC resin circumvention

Rediff.com2 days ago

India has initiated anti-dumping investigations into imports of Glycine from China, following a complaint by Avid Organics, alleging material injury to domestic manufacturers. Concurrently, a separate anti-circumvention probe has begun concerning CPVC resin from China and South Korea, suspected of being routed through Malaysia, Japan, and Thailand to avoid existing duties.

Karnataka To Get New Samsung Innovation Campus For AI Skills

Karnataka To Get New Samsung Innovation Campus For AI Skills

Rediff.com6 days ago

Samsung India has launched an Innovation Campus in Karnataka, in partnership with Nrupathunga University, to train 2,000 young individuals in industry-relevant AI skills. This initiative aims to support Karnataka's goal of building an AI-native ecosystem and developing a future-ready technology workforce, expanding access to practical AI education.

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

Rediff.com3 days ago

India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.

IIT Gandhinagar Students Create AI System To Protect Critical Infrastructure

IIT Gandhinagar Students Create AI System To Protect Critical Infrastructure

Rediff.com2 days ago

Two IIT Gandhinagar students have developed "TrustGate," an AI-based cybersecurity system designed to protect critical infrastructure like water treatment plants and power grids. The system uniquely combines network traffic and physical sensor data to detect sophisticated cyber attacks, identify affected equipment, and provide real-time alerts to operators, earning them an international award.

Tata's Problem Is India's Problem

Tata's Problem Is India's Problem

Rediff.com17 Sep 2026

J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.

How AI And Digitalisation Can Revolutionise Indian Mining

How AI And Digitalisation Can Revolutionise Indian Mining

Rediff.com7 days ago

A member of the Parliamentary Standing Committee on Coal, Mines & Steel, Sasmit Patra, highlighted the transformative potential of AI and digital technologies in making India's mining and metals sector more productive, transparent, and globally competitive. He emphasised their role in enhancing efficiency, safety, sustainability, and community engagement.

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Rediff.com16 Sep 2026

India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.

IIT Delhi Breakthrough: India's First Indigenous Micro-GPU Designed

IIT Delhi Breakthrough: India's First Indigenous Micro-GPU Designed

Rediff.com1 days ago

Researchers at IIT Delhi have successfully designed India's first working indigenous micro Graphics Processing Unit (GPU). This significant development aims to reduce the country's reliance on imported GPUs, which are crucial for AI, Machine Learning, and various embedded applications, and could help bridge the digital divide.

AI-led pricing pressure to drive consolidation among mid-tier IT firms

AI-led pricing pressure to drive consolidation among mid-tier IT firms

Rediff.com3 days ago

India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.

India's Core Sector Growth Slows to 3-Month Low of 4.8% in August

India's Core Sector Growth Slows to 3-Month Low of 4.8% in August

Rediff.com4 days ago

India's nine key infrastructure sectors recorded a three-month low growth of 4.8 per cent in August, primarily due to reduced production in coal, natural gas, crude oil, and fertiliser, according to government data.

Natural Calamities Trigger Property Insurance Rate Spike, Discounts Cut

Natural Calamities Trigger Property Insurance Rate Spike, Discounts Cut

Rediff.com4 days ago

Property insurance premium rates are increasing by 25-30 per cent, primarily due to a reduction in discounts, following substantial claims from natural calamities like the Gujarat floods, which caused an estimated 5,000 crore in losses.

Meghna Gulzar: 'I'm A Living Example That Nepotism Doesn't Pay'

Meghna Gulzar: 'I'm A Living Example That Nepotism Doesn't Pay'

Rediff.com3 days ago

'I'm an 'industry child' and my parents were both extremely successful in the same film industry. Yet, they were helpless to ensure my success.'

SENSATIONAL! Who In Delhi Stopped The GSLV Launch?

SENSATIONAL! Who In Delhi Stopped The GSLV Launch?

Rediff.com17 Sep 2026

'An instruction came from somebody in Delhi saying, "don't go with the launch".'

FMCG firms to hold prices through festive season despite rising commodity costs

FMCG firms to hold prices through festive season despite rising commodity costs

Rediff.com5 days ago

Fast-moving consumer goods (FMCG) companies in India are committed to maintaining current prices through the festive season, despite facing increased commodity costs and geopolitical disruptions. This strategy aims to protect consumer demand and sustain volume growth, even as margins remain under pressure.

Sridhar Vembu: Why India Needs An Independent AI Strategy

Sridhar Vembu: Why India Needs An Independent AI Strategy

Rediff.com2 days ago

Zoho co-founder Sridhar Vembu argues that predictions of AI's catastrophic outcomes are overstated and a global pause in AI development is improbable. He urges India to adopt an independent AI strategy, focusing on extensive foundational R&D across sectors, while remaining wary of market monopolisation attempts by major tech players. Vembu also highlights concerns about AI's impact on human judgment, skill development, and job markets, particularly for junior professionals.

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Rediff.com15 Sep 2026

Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.

Passenger Vehicle Dispatches Surge 36.5% in August, Driven by Strong Demand

Passenger Vehicle Dispatches Surge 36.5% in August, Driven by Strong Demand

Rediff.com15 Sep 2026

Domestic passenger vehicle dispatches in India surged by 36.5 per cent year-on-year to 4,39,309 units in August, marking the highest ever sales for the month, according to the Society of Indian Automobile Manufacturers (SIAM).

Indian Equities Tumble as Sensex Tanks 1,248 Points, Nifty Below 23,100

Indian Equities Tumble as Sensex Tanks 1,248 Points, Nifty Below 23,100

Rediff.com1 days ago

Indian benchmark indices, Sensex and Nifty, experienced a sharp decline, with the Sensex tumbling 1,247.71 points and the Nifty settling below 23,100, primarily driven by a significant spike in crude oil prices and weak global market trends.

Asian Games 2026: Japan Blends Culture And Innovation At Colourful Opening Ceremony

Asian Games 2026: Japan Blends Culture And Innovation At Colourful Opening Ceremony

Rediff.com6 days ago

Japan hosted a vibrant opening ceremony for the Asian Games in Nagoya, showcasing its technological advancements and cultural heritage. The event, themed 'Harmonic Heart Beat', welcomed 11,000 athletes from 45 nations, despite prior logistical challenges.