Search results for 'indian it industry'

Rupee's record low, crude prices pull Indian markets lower

Rupee's record low, crude prices pull Indian markets lower

Rediff.com19 May 2026

Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.

ISRO Talent Drain Triggers Government Action

ISRO Talent Drain Triggers Government Action

Rediff.com15 Jul 2026

The Department of Space has directed that requests for voluntary retirement or resignation from Group 'A' Scientific and Technical personnel associated with the prestigious Gaganyaan human spaceflight programme and other important missions should not be accepted as a matter of routine.

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com5 May 2026

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.

Somanath Joins Agnikul Ahead Of Mission 02

Somanath Joins Agnikul Ahead Of Mission 02

Rediff.com18 Jul 2026

The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.

Reliance, WhatsApp behind ban on Telegram in India: CEO

Reliance, WhatsApp behind ban on Telegram in India: CEO

Rediff.com17 Jun 2026

Telegram CEO Pavel Durov has accused Reliance Group, which has a partial Meta stake, of lobbying for a ban on Telegram in India and sabotaging its access for users outside India through BGP hijacking. A senior telecom industry source dismissed these claims as 'fake news,' stating Durov confused Reliance Communications with Reliance Industries Ltd. The allegations come as the Indian government has ordered Google and Apple to delist Telegram temporarily and disable its message-editing feature in India due to concerns over paper leaks in the NEET-UG examination.

Modi condemns drone attack on UAE that injured Indians

Modi condemns drone attack on UAE that injured Indians

Rediff.com5 May 2026

Prime Minister Narendra Modi has strongly condemned the attacks on the United Arab Emirates' port city of Fujairah, which resulted in injuries to three Indian nationals, and reiterated India's support for peaceful resolution through dialogue.

Commonwealth Games Kick Off With Focus On Sustainability

Commonwealth Games Kick Off With Focus On Sustainability

Rediff.com24 Jul 2026

The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony at the OVO Hydro, blending Scottish heritage with modern performances. King Charles III declared the Games open, emphasising a message of sustainability, particularly regarding plastic pollution in oceans. The event showcased a new, more compact model for the Games, focusing on existing venues and integrated Para sports, following Glasgow's role as a step-in host.

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Rediff.com27 Apr 2026

Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.

India initiates anti-dumping investigations against three Chinese products

India initiates anti-dumping investigations against three Chinese products

Rediff.com25 Jun 2026

India has launched anti-dumping investigations into imports of thermal paper, Biaxially Oriented Polyamide (BOPA) Film, and certain antioxidants from China, following complaints from domestic manufacturers alleging material injury due to cheap imports.

Modi's Fuel Call: Indians Changing Driving Habits

Modi's Fuel Call: Indians Changing Driving Habits

Rediff.com12 May 2026

As Prime Minister Narendra Modi urges Indians to travel less, rising fuel prices are already changing driving habits.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

Govt bars telecom infra firms from overseas data transfer

Govt bars telecom infra firms from overseas data transfer

Rediff.com24 Jul 2026

India's government has implemented stringent new regulations under the Telecommunications Act 2023, mandating that all communication infrastructure providers, including those utilising cloud-based networks, must store telecommunication data exclusively within the country, a move expected to significantly impact domestic data centre demand.

SC to revisit BrahMos espionage case acquittal on UP police appeal

SC to revisit BrahMos espionage case acquittal on UP police appeal

Rediff.com21 Jul 2026

The Supreme Court has agreed to hear a plea from Uttar Pradesh police challenging a Bombay High Court ruling that absolved BrahMos Aerospace engineer Nishant Agarwal of major espionage charges under the Official Secrets Act. Agarwal was previously sentenced to life imprisonment by a Nagpur district court for spying for Pakistan's ISI, despite the High Court finding he only illegally stored sensitive data.

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.

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.

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.

IIT-Guwahati Researchers Uncover Algae's Potential To Clean Lead From Water

IIT-Guwahati Researchers Uncover Algae's Potential To Clean Lead From Water

Rediff.com7 Jul 2026

Researchers at IIT-Guwahati have identified a type of blue-green algae (cyanobacteria) that can effectively remove lead from contaminated water. The study highlights the role of exopolysaccharides (EPS) produced by the algae in absorbing lead, with laboratory experiments showing up to 66.2% removal. This discovery offers a promising, naturally abundant solution for water purification, though further validation is needed before commercial application.

The India Story Review: Not Brave Enough!

The India Story Review: Not Brave Enough!

Rediff.com24 Jul 2026

The India Story adopts a very soap opera-like approach, piling on ham-fisted melodrama along with plenty of unevenness, sighs Sreeju Sudhakaran

GDN To Dada: 10 Coming Biopics That Have Our Attention

GDN To Dada: 10 Coming Biopics That Have Our Attention

Rediff.com16 Jul 2026

From Dr A P J Abdul Kalam to Sourav Ganguly, these coming biopics are bringing some of India's most fascinating lives to the big screen.

AI Deepfakes Push Courts To Protect Identity Rights

AI Deepfakes Push Courts To Protect Identity Rights

Rediff.com20 Jul 2026

Personality rights violations are increasingly being used as vehicles for financial fraud, with unsuspecting consumers misled by fabricated endorsements.

Rajesh Exports probed over Rs 15.15 trillion financial misstatement

Rajesh Exports probed over Rs 15.15 trillion financial misstatement

Rediff.com8 Jul 2026

The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

Rediff.com7 Jul 2026

Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.

'King Kasab': Maha minister's remark fuels fresh KEM Hospital renaming row

'King Kasab': Maha minister's remark fuels fresh KEM Hospital renaming row

Rediff.com23 Jun 2026

Maharashtra minister Mangal Prabhat Lodha has ignited a controversy by proposing to rename Mumbai's KEM Hospital, referring to King Edward VII as "King Kasab" who "looted India". The proposal faces opposition from other political parties, with the state government stating no final decision has been made.

Commonwealth Games 2026 Kick Off In Glasgow With Focus On Environment

Commonwealth Games 2026 Kick Off In Glasgow With Focus On Environment

Rediff.com24 Jul 2026

The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony blending Scottish heritage and a strong message of sustainability. King Charles III declared the Games open, highlighting efforts to combat plastic pollution. The event featured a unique indoor setting, an early athletes' parade including the Indian contingent, and diverse musical and cultural performances, setting a new precedent for the multi-sport event.

Industry confidence hits five-qtr high in Oct-Dec: CII survey

Industry confidence hits five-qtr high in Oct-Dec: CII survey

Rediff.com19 Jan 2026

Business confidence in India Inc rose to a five-quarter high in December quarter of FY26, amid further reform expectations and steady domestic demand, a survey by industry body Confederation of Indian Industry (CII) showed. The CII Business Confidence Index (BCI) rose for the third consecutive quarter to 66.5 in the December quarter from 66 in the preceding September quarter.

Profit Booking Drags Sensex, Nifty Lower After Four-Day Rally

Profit Booking Drags Sensex, Nifty Lower After Four-Day Rally

Rediff.com7 Jul 2026

Indian benchmark indices, Sensex and Nifty, closed lower due to profit-taking after a four-day rally, influenced by weakness in Asian markets, with Trent shares tumbling over 12 per cent.

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.

Modi stopped Putin from using nuclear weapons on Ukraine in 2022: Polish min

Modi stopped Putin from using nuclear weapons on Ukraine in 2022: Polish min

Rediff.com14 Jul 2026

Poland's Secretary of State, Wladyslaw T Bartoszewski, has credited Prime Minister Narendra Modi with preventing Russian President Vladimir Putin from using tactical nuclear weapons in Ukraine in late 2022, highlighting Modi's significant influence on the Russian leader.

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Rediff.com1 Jul 2026

Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.

Summer Travel Costs Soar For Indians

Summer Travel Costs Soar For Indians

Rediff.com6 May 2026

Airfares to Southeast Asia have surged 25 to 30 per cent, driven by high demand and limited airline seat capacity.

Govt notice asks Telegram to curb pirated content or face action

Govt notice asks Telegram to curb pirated content or face action

Rediff.com4 Jul 2026

The Indian government has issued a notice to Telegram, demanding a crackdown on the widespread dissemination of pirated films and OTT content. The Ministry of Information and Broadcasting seeks an Action Taken Report within 15 days, emphasizing a shift towards platform accountability for copyright infringement, which is deemed a criminal offence.

India may seek sunset clause in US trade pact

India may seek sunset clause in US trade pact

Rediff.com29 Jun 2026

India may press for an automatic review mechanism in its proposed interim trade deal with the United States (US), mirroring a sunset clause introduced by the European Parliament in its trade agreement with Washington, people aware of the negotiations said. The European Parliament last week approved the EU-US trade deal but inserted a sunset clause requiring the arrangement to expire on December 31, 2029, unless both sides agree to extend it.

India, US 'Very Close' to Historic Trade Deal

India, US 'Very Close' to Historic Trade Deal

Rediff.com24 Jun 2026

The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.

Budget 2026: The Industry Wishlist...

Budget 2026: The Industry Wishlist...

Rediff.com29 Jan 2026

Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.

Nayara slashes petrol, diesel prices; jet fuel price cut

Nayara slashes petrol, diesel prices; jet fuel price cut

Rediff.com1 Jul 2026

Nayara Energy, India's largest private fuel retailer, has reduced petrol prices by Rs 5 per litre and diesel by Rs 3 per litre nationwide, marking the first such cut in over two years. This reduction follows easing tensions in West Asia and stabilised international crude oil prices, though public sector retailers have not yet followed suit.

'US Thought They Could Pressurise India'

'US Thought They Could Pressurise India'

Rediff.com29 Jun 2026

'They talked bad about our leaders. They said India was a dead economy. They were not sensitive to the Indian psyche.'

References to TVK, 'New India' muted in Vijay's Jana Nayagan

References to TVK, 'New India' muted in Vijay's Jana Nayagan

Rediff.com10 Jul 2026

The Central Board of Film Certification (CBFC) has directed 12 modifications for Tamil Nadu Chief Minister C Joseph Vijay's film 'Jana Nayagan', including muting references to 'TVK' and 'New India', and deleting a scene showing the Indian flag falling on the ground, according to the film's certification order.

Indonesian fighter jets escort Modi's plane in grand welcome

Indonesian fighter jets escort Modi's plane in grand welcome

Rediff.com7 Jul 2026

Prime Minister Narendra Modi was accorded a grand welcome on his arrival in Jakarta on Monday, with Indonesian Air Force fighter jets escorting the PM's aircraft upon entering Indonesian airspace, marking a ceremonial welcome.

'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.'

What's Holding Up India-US Trade Deal?

What's Holding Up India-US Trade Deal?

Rediff.com14 Jul 2026

India is waiting for assurance from the US on comparative advantage over other economies under the deal.