Search results for 'indian it industry'

Sitharaman hits back at Rahul Gandhi for 'politicising' Tata Group dispute

Sitharaman hits back at Rahul Gandhi for 'politicising' Tata Group dispute

Rediff.com5 days ago

Finance Minister Nirmala Sitharaman has criticised Congress leader Rahul Gandhi for alleging the 'criminal destruction' of the Tata Group, urging him to refrain from 'politicising' commercial and legal matters and accusing him of trying to incite business leaders.

Govt seals Rs 53,866 crore deal for 8 advanced warships

Govt seals Rs 53,866 crore deal for 8 advanced warships

Rediff.com16 hours ago

India's Defence Ministry has sealed contracts worth Rs 53,866 crore with Garden Reach Shipbuilders and Engineers Ltd (GRSE) and Goa Shipyard Limited (GSL) for eight next-generation warships for the Indian Navy. These indigenously designed corvettes will bolster India's combat prowess in the Indian Ocean and support the 'Make-in-India' initiative, creating significant employment opportunities.

SAP's Ambitious Plan To Upskill 2 Million Indians In AI By 2030

SAP's Ambitious Plan To Upskill 2 Million Indians In AI By 2030

Rediff.com6 days ago

SAP has announced new programmes to train two million people in India with AI-ready skills by 2030, as part of its global initiative to upskill 12 million individuals worldwide. The company will collaborate with academic institutions, industry partners, and government bodies to expand access to AI, cloud, data, and enterprise technologies, leveraging India's significant role in the global tech workforce.

Qatar declares force majeure, gas supplies to Indian industry cut

Qatar declares force majeure, gas supplies to Indian industry cut

Rediff.com3 Mar 2026

Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said.

Bangladesh Opposition warns against Indian corridor, seeks fair Ganges deal

Bangladesh Opposition warns against Indian corridor, seeks fair Ganges deal

Rediff.com2 days ago

A Bangladesh opposition leader, Nahid Islam of the National Citizen Party (NCP), has issued warnings against facilitating an Indian transit corridor through Bangladesh and called for a fair renewal of the Ganges water-sharing treaty, which expires in December. His remarks were made at a rally in Dhaka, where he also criticised the current government. The allegations about the corridor follow Prime Minister Tarique Rahman's recent visit to Japan, which focused on economic cooperation and regional connectivity, though Bangladesh officials deny discussing third-country issues. India has also expressed interest in strengthening regional linkages with Japan involving its northeastern states.

Reliance welcomes Starlink competition, insists on adherence to Indian laws

Reliance welcomes Starlink competition, insists on adherence to Indian laws

Rediff.com16 Oct 2026

Reliance Industries Ltd (RIL) has publicly welcomed competition from Elon Musk's Starlink in the satellite communications sector, asserting that all players, including Jio, must abide by Indian laws and policies.

Indian Equities Rally on Gains in IT Stocks, Trent Earnings

Indian Equities Rally on Gains in IT Stocks, Trent Earnings

Rediff.com3 days ago

Indian equity benchmark indices Sensex and Nifty rallied for the second consecutive session, driven by strong buying in IT firms and a significant boost from Tata Group's retail arm Trent following its impressive September quarter earnings.

Indian Equities Rebound: Sensex Jumps 1,534 Points, Nifty Nears 3-Week High

Indian Equities Rebound: Sensex Jumps 1,534 Points, Nifty Nears 3-Week High

Rediff.com15 Oct 2026

Indian benchmark stock indices, Sensex and Nifty, rallied significantly, with Sensex jumping over 1,500 points and Nifty reaching a nearly three-week high, driven by strong buying in banking, IT, and Reliance Industries stocks, alongside easing crude oil prices.

How Smart Maintenance Can Boost India's GDP By 1%

How Smart Maintenance Can Boost India's GDP By 1%

Rediff.com7 Oct 2026

Industry leaders at MRAM Expo 2026 highlighted that India's maintenance economy has the potential to unlock a 1 per cent GDP opportunity. This growth can be achieved by addressing productivity losses from equipment breakdowns, unplanned downtime, and inefficient assets through smarter asset management practices. The NITI Aayog also supports AI-based predictive maintenance for resilient infrastructure, while the Indian Asset Performance Management market is projected for substantial growth by 2033.

Indian Equities Decline for Second Day as Banking, Financial Stocks Drag

Indian Equities Decline for Second Day as Banking, Financial Stocks Drag

Rediff.com21 Oct 2026

Indian equity benchmark indices extended losses for a second consecutive session, with the Sensex dropping 143 points, driven by a sell-off in power, banking, and financial stocks, coupled with elevated crude oil prices and persistent FII selling.

Eutelsat OneWeb Awaits Indian Govt Nod Amidst Starlink Allegations

Eutelsat OneWeb Awaits Indian Govt Nod Amidst Starlink Allegations

Rediff.com9 Oct 2026

Eutelsat OneWeb, a satellite communications company, is awaiting approvals from the Indian central government to launch its services, as confirmed by Sunil Mittal, chairman of Bharti Enterprises, the largest shareholder in the Eutelsat group.

ISRO successfully launches NVS-03 satellite to strengthen India's own GPS

ISRO successfully launches NVS-03 satellite to strengthen India's own GPS

Rediff.com3 days ago

India's indigenous NavIC regional navigation system has been significantly bolstered by ISRO's successful launch of the NVS-03 satellite.

Indian Equities Fall for Fourth Day as West Asia Tensions Drive Oil Prices Higher

Indian Equities Fall for Fourth Day as West Asia Tensions Drive Oil Prices Higher

Rediff.com23 Oct 2026

Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.

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.com25 Sep 2026

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.

Govt clears Rs 2 lakh cr defence buy; Kamikaze drones, choppers in focus

Govt clears Rs 2 lakh cr defence buy; Kamikaze drones, choppers in focus

Rediff.com7 days ago

In a major defence acquisition push, India on Monday cleared procurement of a range of military platforms and weapon systems, including light multi-role helicopters, long-range Kamikaze drones and radars, at a cost of Rs 2.12 lakh crore to boost the combat prowess of the defence forces.

'Suspension Of PERM May Not Immediately Affect Indian IT Companies'

'Suspension Of PERM May Not Immediately Affect Indian IT Companies'

Rediff.com13 Oct 2026

'...but could demotivate employees seeking US residency.'

Indian Equities Extend Gains, IT Sector Leads Rally on Strong Earnings

Indian Equities Extend Gains, IT Sector Leads Rally on Strong Earnings

Rediff.com16 Oct 2026

Indian benchmark indices Sensex and Nifty closed higher for the second consecutive day, primarily driven by robust buying in IT stocks following strong quarterly results and positive global trends. Tech Mahindra notably surged over 8% after reporting a significant jump in net profit.

Reliance Industries raises Rs 25,000 crore in September bond issues, navigating rising borrowing costs

Reliance Industries raises Rs 25,000 crore in September bond issues, navigating rising borrowing costs

Rediff.com1 Oct 2026

Reliance Industries Ltd (RIL) has successfully raised a total of Rs 25,000 crore through domestic bond issues in September, including a recent Rs 13,000 crore 10-year bond at 7.90 per cent, as it prioritises funding certainty amidst expectations of a possible RBI rate hike and rising borrowing costs.

Jio Platforms soars to become India's second most valuable company after stellar market debut

Jio Platforms soars to become India's second most valuable company after stellar market debut

Rediff.com5 days ago

Jio Platforms Ltd, the digital services arm of Reliance Industries, has become the second most valuable Indian company by market capitalisation following a highly successful debut on the Dalal Street, with its shares closing 26.66 per cent higher than the issue price.

Ambani tops Forbes' global billionaire gainers list with $7 bn wealth jump as RIL shares soar

Ambani tops Forbes' global billionaire gainers list with $7 bn wealth jump as RIL shares soar

Rediff.com16 hours ago

Reliance Industries chairman Mukesh Ambani has become the world's biggest billionaire wealth gainer, adding over USD 6 billion to his fortune in a single day, as shares of his flagship company surged following stronger-than-expected quarterly earnings.

Reliance-led rally, falling crude oil prices drive Sensex up 1,233 points

Reliance-led rally, falling crude oil prices drive Sensex up 1,233 points

Rediff.com19 hours ago

Indian benchmark indices, Sensex and Nifty, closed significantly higher, with the Sensex rallying 1,233 points and the Nifty climbing to 23,440.80. This surge was primarily fuelled by a sharp increase in Reliance Industries' share price following strong quarterly earnings and a notable decline in crude oil prices.

Geopolitical tensions, crude oil prices, and Q2 earnings to dictate market trends

Geopolitical tensions, crude oil prices, and Q2 earnings to dictate market trends

Rediff.com1 days ago

Indian stock markets are set to be influenced by a confluence of factors this week, including escalating geopolitical tensions, particularly concerns over US-Iran conflict, volatile crude oil prices, and the ongoing quarterly earnings season. Additionally, the US midterm elections, foreign investor activity, and key macroeconomic data releases will also be closely monitored by investors.

Indian Students Eye Space Science Careers After Shubhanshu Shukla's ISS Visit

Indian Students Eye Space Science Careers After Shubhanshu Shukla's ISS Visit

Rediff.com15 Oct 2026

Following astronaut Shubhanshu Shukla's historic visit to the International Space Station, a significant surge in interest for space science careers is observed among Indian students. Srimathy Kesan of Space Kidz India highlights this shift from traditional fields like engineering and medicine, while Nobel laureate Didier Queloz emphasises the crucial role of curious young scientists in shaping the future.

ISRO Invites Indian Industry To Build Space Station

ISRO Invites Indian Industry To Build Space Station

Rediff.com19 Jan 2026

The Bharatiya Antariksh Station represents the next phase of India's human spaceflight ambitions, enabling long-duration presence in space, advanced microgravity research and technology development, and supporting future human exploration missions.

Profit-taking, rising inflation, and elevated crude oil prices drag Indian markets lower

Profit-taking, rising inflation, and elevated crude oil prices drag Indian markets lower

Rediff.com14 Oct 2026

Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.

Stock Markets Today: Sensex. Nifty Surge on Reliance Boost

Stock Markets Today: Sensex. Nifty Surge on Reliance Boost

Rediff.com1 days ago

Indian benchmark indices, Sensex and Nifty, saw significant gains in early trade, primarily driven by a strong performance from Reliance Industries following its record quarterly profit announcement and a notable decline in global crude oil prices. Positive foreign fund inflows and a buoyant trend in Asian markets further contributed to the market's optimism.Track Sensex, Nifty on November 2.

Nifty 50 trails Asian peers: What's holding back Indian equities?

Nifty 50 trails Asian peers: What's holding back Indian equities?

Rediff.com12 Oct 2026

Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.

CID Producer-Director B P Singh Dies at 77

CID Producer-Director B P Singh Dies at 77

Rediff.com6 days ago

BP Singh, the visionary producer and director behind India's iconic crime series CID and horror show Aahat, passed away at the age of 77, leaving an indelible mark on Indian television.

Indian B-Schools Face Urgent Need To Boost AI Competencies

Indian B-Schools Face Urgent Need To Boost AI Competencies

Rediff.com18 Sep 2026

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.

India Leads Global Polymer Compound Market Growth

India Leads Global Polymer Compound Market Growth

Rediff.com16 Oct 2026

A Crisil report indicates that India is the world's fastest-growing polymer compound market, contributing 13% to the global industry. Driven by increased manufacturing in automotive, electronics, and infrastructure, the domestic sector is projected to reach USD 16.5 billion by FY2031, with significant demand from various pipeline and cable segments.

Sensex, Nifty decline amid rising crude, US Fed caution

Sensex, Nifty decline amid rising crude, US Fed caution

Rediff.com5 days ago

Indian benchmark indices Sensex and Nifty closed lower, primarily due to declines in Reliance Industries and IT sector stocks, coupled with rising crude oil prices and investor caution ahead of the US Federal Reserve's policy decision.

Viksit Bharat: What Nirmala Sitharaman told India Inc

Viksit Bharat: What Nirmala Sitharaman told India Inc

Rediff.com22 Sep 2026

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.

Stock Markets Today: Sensex, Nifty rise in early trade on buying in RIL FII inflows

Stock Markets Today: Sensex, Nifty rise in early trade on buying in RIL FII inflows

Rediff.com5 days ago

Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, primarily driven by strong buying in Reliance Industries and sustained foreign fund inflows. Adani Ports also emerged as a significant gainer after reporting an 18 per cent rise in consolidated net profit. Track Sensex, Nifty on October 29.

How Hical-Safran JV Will Strengthen Rafale's Make In India Footprint

How Hical-Safran JV Will Strengthen Rafale's Make In India Footprint

Rediff.com7 Oct 2026

Hical Technologies and Safran Aerosystems have signed a Memorandum of Understanding to explore a joint venture for manufacturing complex systems, including fluid and fuel systems, for the Dassault Rafale program in India. This partnership aims to bolster the Make in India initiative, leveraging Hical's expanding manufacturing capabilities and Safran's technology leadership to produce critical aerospace components domestically and for global markets.

PEs shift strategy from 'spray and pray' to focused bets

PEs shift strategy from 'spray and pray' to focused bets

Rediff.com5 days ago

India's private equity (PE) industry is transitioning from a 'spray and pray' approach to a more selective investment model, focusing on established businesses, greater strategic influence, and operational transformation to generate definitive returns, according to industry leaders Renuka Ramnath and Amit Chandra.

BrahMos-NG prototype likely by 2027-28; 1,500-km missile on future roadmap

BrahMos-NG prototype likely by 2027-28; 1,500-km missile on future roadmap

Rediff.com22 Oct 2026

BrahMos Aerospace expects to develop the first prototype of its next-generation BrahMos-NG missile by 2027 or 2028, while a missile with a range of 1,500 km remains part of its future roadmap and is currently at the conceptual stage, the company's CEO and managing director Dr Jaiteerth Joshi said.

Can India's Fireworks Capital Take on China?

Can India's Fireworks Capital Take on China?

Rediff.com23 Oct 2026

Sivakasi, India's fireworks capital, is eyeing global markets as green crackers, rising demand and interest from overseas buyers offer a chance to challenge China's dominance.

PwC Report: AI Integration Key To Indian Manufacturing Success

PwC Report: AI Integration Key To Indian Manufacturing Success

Rediff.com29 Jul 2026

A PwC India report highlights that the competitiveness of India's industrial manufacturing sector hinges on the seamless integration of Artificial Intelligence (AI) into business strategies and operations. The report indicates that a significant majority of Indian manufacturers view AI as crucial for achieving strategic goals and are accelerating automation across various functions to build intelligent enterprises and gain sustainable competitive advantage.

Manjunath echoes:IndianOil officer murdered during inspection in Maha; 4 held

Manjunath echoes:IndianOil officer murdered during inspection in Maha; 4 held

Rediff.com8 Oct 2026

An IndianOil officer, Mahesh Shelke, was fatally attacked with a sharp weapon while inspecting a petrol pump in Hingoli district, Maharashtra. Petroleum Minister Hardeep Singh Puri and Indian Oil Corporation have called for swift and strict action against those responsible. The incident draws parallels to the 2005 killing of another IOC officer, S Manjunath.

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.