Search results for 'indian it industry'

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

Rediff.com4 Jun 2026

Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

Army Set To Boost Ballistic Missile Arsenal

Army Set To Boost Ballistic Missile Arsenal

Rediff.com4 Jun 2026

'DRDO has been directed to license missile technologies to the private sector.'

Won't let our soil be used against India: Myanmar Prez

Won't let our soil be used against India: Myanmar Prez

Rediff.com1 Jun 2026

Myanmar President U Min Aung Hlaing assured Prime Minister Narendra Modi that Myanmarese territory would not be allowed to be used against India's security interests, as the two leaders held wide-ranging talks to boost bilateral ties in trade, defence, and energy.

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Rediff.com8 Jun 2026

Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.

Air India defers increments, asks staff to cut costs

Air India defers increments, asks staff to cut costs

Rediff.com9 May 2026

Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.

Taxi Driver Gets Two Years For Outraging Woman's Modesty

Taxi Driver Gets Two Years For Outraging Woman's Modesty

Rediff.com11 May 2026

A Mumbai court sentenced a taxi driver to two years in jail for outraging the modesty of a hotel professional by forcibly kissing her hand. The court rejected the defence's argument that it was a routine greeting, stating it occurred outside her official duties.

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

Rediff.com8 Jun 2026

India's total automobile retail sales recorded a significant 9.55 per cent year-on-year growth in May, reaching an all-time high of 25,31,067 units, driven by strong performances in three-wheelers, passenger vehicles, and tractors, despite prevailing heatwave conditions and fuel price pressures.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

Rediff.com19 May 2026

N Chandrasekaran, chairman of Tata Consumer Products (TCPL), stated that India continues to experience credible economic growth, driven by strong demographic fundamentals and accelerating digital public infrastructure, despite a fragmented global landscape.

Petrol, diesel prices likely to rise soon: Govt sources

Petrol, diesel prices likely to rise soon: Govt sources

Rediff.com1 May 2026

Government sources indicate a potential increase in petrol and diesel prices due to rising global crude oil costs and losses incurred from a prolonged freeze on retail rates.

IIT Bombay Inks Deal To Boost Battery Recycling

IIT Bombay Inks Deal To Boost Battery Recycling

Rediff.com20 May 2026

Indian Institute of Technology Bombay has signed a technology licensing agreement with Evergreen Lithium Recycling to improve the extraction of critical minerals from battery reprocessing, aiming to enhance efficiency and reduce costs in battery recycling operations.

The Importance Of Vaibhav Sooryavanshi!

The Importance Of Vaibhav Sooryavanshi!

Rediff.com29 May 2026

If you are feeling depressed, just watch this 15 year old on your TV! Your blues will fly away, exclaims Colonel Anil A Athale (retd).

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

Rediff.com1 May 2026

Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

Right to trauma care integral part of right to life: SC

Right to trauma care integral part of right to life: SC

Rediff.com28 May 2026

The Supreme Court of India has directed all states and Union territories to operationalise a single helpline number '112' for emergency responses and establish a functional good samaritan grievance redressal system within three months, emphasising that the right to trauma care is an integral part of the right to life.

C2i Semiconductors Achieves Milestone With AI Chip Design In India

C2i Semiconductors Achieves Milestone With AI Chip Design In India

Rediff.com28 May 2026

Semiconductor startup C2i Semiconductors announced it has taped out a smart power stage chip designed for artificial intelligence infrastructure, marking a significant milestone for India's ambitions in domestic semiconductor production.

India's new weapons system can convert warheads into precision missiles

India's new weapons system can convert warheads into precision missiles

Rediff.com8 May 2026

India has successfully conducted the first flight trial of its indigenously developed Tactical Advanced Range Augmentation (TARA) glide weapon system off the coast of Odisha, marking a significant step in enhancing its defence capabilities.

India ready for 'Operation Sindoor 2.0' if...: Army Chief:

India ready for 'Operation Sindoor 2.0' if...: Army Chief:

Rediff.com30 May 2026

Chief of Army Staff General Upendra Dwivedi stated that the armed forces are fully prepared for 'Operation Sindoor 2.0' if the need arises, emphasising enhanced synergy across all three services for modern multi-domain warfare.

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

10 Partition Dramas You Must Watch

10 Partition Dramas You Must Watch

Rediff.com15 Jun 2026

Imtiaz Ali's new film Main Vaapas Aaunga is set to delve into the enduring trauma of the 1947 Partition, continuing Bollywood's complex cinematic journey of depicting one of history's most violent and impactful events.

Stock Markets Today: Sensex, Nifty rebound in early trade, supported by DII buying and Asian markets

Stock Markets Today: Sensex, Nifty rebound in early trade, supported by DII buying and Asian markets

Rediff.com29 Apr 2026

Indian equity benchmark indices Sensex and Nifty rebounded in early trade, driven by buying in blue-chip stocks and a positive trend in Asian markets, with domestic institutional investors providing crucial support.

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Rediff.com15 May 2026

Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.

Maruti, Kia hit record sales in May, defying fuel price surge

Maruti, Kia hit record sales in May, defying fuel price surge

Rediff.com1 Jun 2026

Indian carmakers, including Maruti Suzuki and Kia India, reported robust sales growth in May 2026, with both companies achieving their highest-ever monthly sales despite rising fuel prices. Maruti Suzuki's domestic sales surged to 1,93,535 units, while Kia India recorded 27,586 units, driven by strong demand in mini and compact segments and a shift towards electric and CNG vehicles.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

The 24-Year-Old Designer Behind Masoom Minawala's Cannes Look

The 24-Year-Old Designer Behind Masoom Minawala's Cannes Look

Rediff.com26 May 2026

An Instagram message changed everything for Anushka Sanghvi. Fresh out of the London College of Fashion, she is now set to launch her own label after designing Masoom Minawala's standout Cannes look.

Hema Malini receives Dharmendra's Padma Vibhushan, daughter Ahana turns emotional

Hema Malini receives Dharmendra's Padma Vibhushan, daughter Ahana turns emotional

Rediff.com25 May 2026

Actor and Bharatiya Janata Party member of Parliament Hema Malini on Monday evening received the Padma Vibhushan on behalf of her late husband and cinema icon Dharmendra, who passed away on November 24, 2025.

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Rediff.com5 May 2026

Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Rediff.com8 Apr 2026

Deloitte India has partnered with IIT Bombay to launch a Quantum Technology Centre, aiming to accelerate quantum adoption, research, and enterprise use-cases for Indian businesses.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com2 May 2026

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

Nasscom To Focus On AI Integration And Revenue Growth

Nasscom To Focus On AI Integration And Revenue Growth

Rediff.com23 Apr 2026

Nasscom's newly appointed Chairman, Srikanth Velamakanni, outlines key priorities including restoring revenue growth in IT firms and promoting the role of artificial intelligence and other technologies in companies.

Petrol, diesel prices hiked again within a week, up by 90 paise

Petrol, diesel prices hiked again within a week, up by 90 paise

Rediff.com19 May 2026

Petrol and diesel prices in India have been increased for the second time in a week, following a long freeze on revisions. The increase comes as global crude prices surge and state-run oil firms look to recoup losses.

Anant Ambani steps in to save 80 hippos from Colombia cull, offers India home

Anant Ambani steps in to save 80 hippos from Colombia cull, offers India home

Rediff.com28 Apr 2026

Anant Mukesh Ambani has appealed to Colombia to suspend a plan to cull 80 hippopotamuses and instead allow their relocation to his wildlife facility in India, offering to fund and execute the operation.

Govt raises import duty on gold, silver after PM's appeal

Govt raises import duty on gold, silver after PM's appeal

Rediff.com13 May 2026

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.

'Where's The Letter Which Says 20 MPs Are Leaving TMC?'

'Where's The Letter Which Says 20 MPs Are Leaving TMC?'

Rediff.com10 Jun 2026

'Now if you break the party under the 10th Schedule you have to join another party.' 'You cannot join the NDA as it is not a party. You can only join another party, and that is the BJP.' 'So the question to ask is that these so-called 20 TMC Lok Sabha MPs who are parting ways with the TMC, are they ready to join the BJP and accept Narendra Modi as their leader?'

Back To Back Failures: Questions Are Mounting Over ISRO's PSLV Programme

Back To Back Failures: Questions Are Mounting Over ISRO's PSLV Programme

Rediff.com27 May 2026

A high-level committee investigating the failures of ISRO's PSLV rockets, which have impacted strategic satellite missions, has yet to release its report and recommendations, raising concerns about the future of the ageing launch vehicle.

Wanted for 12 yrs, Guj murder convict built career in Bollywood, web series

Wanted for 12 yrs, Guj murder convict built career in Bollywood, web series

Rediff.com21 May 2026

A murder case convict, who jumped parole in 2014 and started doing supporting roles in Bollywood films, including those made by prominent production houses, after changing his identity, was arrested in Ahmedabad 12 years later, police said on Thursday.

Is GalaxEye's Mission Drishti Satellite Okay?

Is GalaxEye's Mission Drishti Satellite Okay?

Rediff.com12 May 2026

Concerns are rising about the status of GalaxEye Space's Mission Drishti, India's first Made in India OptoSAR satellite, launched on May 3. Reports suggest the satellite is tumbling in space, and experts highlight potential issues with solar panel deployment and stabilisation. The company has remained silent on the matter, fueling further speculation.

ISRO to print rocket components with Russian 3D printing machine

ISRO to print rocket components with Russian 3D printing machine

Rediff.com29 Apr 2026

The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.