News for 'AI Board'

Bomb-threat note found in Mumbai-New York plane toilet

Bomb-threat note found in Mumbai-New York plane toilet

Rediff.com10 Mar 2025

A passenger spotted the note with the message "There is a bomb in the flight" written on it inside the toilet and alerted the crew, a Sahar police official here said.

AI-first strategy working for Infosys despite odds: Nilekani

AI-first strategy working for Infosys despite odds: Nilekani

Rediff.com28 Jun 2023

Artificial Intelligence-first business strategy adopted by Infosys is working well for the company despite unresolved ethical and IPR issues around the technology, Infosys chairman Nandan Nilekani said on Wednesday. In his address at Infosys' 42nd Annual General Meeting, Nilekani said the company can be more efficient while nurturing readiness for growth, given its performance in challenging scenarios created by inflation, interest rates, geopolitics, demand volatility and supply chain dislocations. "Several practical, ethical and intellectual property-related issues, when it comes to AI remain unresolved.

'Only Trump Can Unite Thackeray Brothers'

'Only Trump Can Unite Thackeray Brothers'

Rediff.com6 Jun 2025

'Like me there are crores of Marathi people in the state hoping for this miracle to work.'

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

Rediff.com10 Apr 2025

India's largest IT services firm Tata Consultancy Services on Thursday reported a 1.68 per cent dip in its consolidated net profit to Rs 12,224 crore for the March 2025 quarter. Tata Consultancy Services (TCS) - whose earnings marked the official start of IT results season - reported a total revenue of Rs 64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

Maha Kumbh ends with 65 cr attendees, controversies, politics

Maha Kumbh ends with 65 cr attendees, controversies, politics

Rediff.com26 Feb 2025

The Maha Kumbh, billed as the world's largest gathering, concluded on Wednesday after 45 days, with lakhs of devotees taking a dip in the Sangam, the confluence of the Ganga, Yamuna, and mythical Saraswati rivers. Despite a stampede that killed at least 30 people, millions continued to visit the Kumbh, seeking salvation through the ritual bath. The event saw a mix of faith, tradition, and technology, drawing pilgrims and tourists from across the globe.

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Rediff.com17 Jan 2025

IT services company Wipro on Friday reported a 24.4 per cent year-on-year rise in its consolidated net profit for the just-ended December quarter at about Rs 3,354 crore. The Bengaluru-based tech major saw its revenue from operations inch up by 0.5 per cent to about Rs 22,319 crore.

ChatGPT-maker fires CEO Sam Altman, co-founder quits

ChatGPT-maker fires CEO Sam Altman, co-founder quits

Rediff.com18 Nov 2023

Just last week, Altman presented OpenAI's new roadmap to enthusiastic developers at the company's inaugural conference.

Truth in the AI era

Truth in the AI era

Rediff.com19 Mar 2024

Can legislation enable this, asks Ajit Balakrishnan.

'Volume of AI Deals Is Growing Massively'

'Volume of AI Deals Is Growing Massively'

Rediff.com26 Jul 2023

'There is not one discussion with a client without a discussion around AI. They all have it on their mind.'

Wipro Q4 PAT up 26%; sees up to 3.5% drop in revenue for Q1FY26

Wipro Q4 PAT up 26%; sees up to 3.5% drop in revenue for Q1FY26

Rediff.com16 Apr 2025

Wipro on Wednesday reported a 25.9 per cent year-on-year rise in consolidated net profit for the March quarter to Rs 3,569.6 crore, but warned of a weak quarter ahead with up to 3.5 per cent expected drop in IT services revenue for Q1FY26, amid global uncertainties. CEO and Managing Director Srini Pallia said clients remain cautious in the face of macroeconomic uncertainty.

'We Have Been Validated Yet Again'

'We Have Been Validated Yet Again'

Rediff.com4 Mar 2025

'The country that does most of the visual effects, more than any other country, is India.' 'There are more Indians working on VFX in any major Hollywood film than there are in Indian films.'

In Marseille, Modi recalls Savarkar's 'courageous escape'

In Marseille, Modi recalls Savarkar's 'courageous escape'

Rediff.com12 Feb 2025

Prime Minister Narendra Modi paid homage to the memory of freedom fighter V D Savarkar in Marseille, France, where Savarkar had attempted a daring escape from British custody in 1910. Modi also inaugurated a new Indian Consulate in the city, marking a significant step in strengthening India-France ties. The prime minister's visit includes a series of engagements with French President Emmanuel Macron, including a visit to the Mazargues War Cemetery to honor Indian soldiers who died in the World Wars. They will also tour the International Thermonuclear Experimental Reactor (ITER) project.

AI flight faces mid-air snag after take-off from TN, lands safely

AI flight faces mid-air snag after take-off from TN, lands safely

Rediff.com12 Oct 2024

In a statement, Civil Aviation Minister K Rammohan Naidu said the airport and emergency teams responded swiftly and effectively after a full emergency was declared at 18.05 hours.

Google Cloud's ambitious India plans

Google Cloud's ambitious India plans

Rediff.com6 Oct 2024

India is among the fastest-growing markets for Google in the cloud services segment, a senior executive has said, adding that the tech giant is looking to partner companies in their business transformation through its offerings. Google Cloud India is seeing an "increased adoption" of its offerings across segments from the public sector to small and medium businesses and from startups and digital-native companies, Google Cloud India vice president and country managing director Bikram Singh Bedi told PTI.

Women achievers to run Modi's social media on Int'l Women's Day

Women achievers to run Modi's social media on Int'l Women's Day

Rediff.com23 Feb 2025

Prime Minister Narendra Modi announced that he will hand over his social media accounts to women achievers from different walks of life to mark International Women's Day on March 8. In his monthly "Mann Ki Baat" address, Modi said these successful women will talk about their work and experience on his social media accounts. He also renewed his appeal to people to take measures to deal with the growing problem of obesity and encouraged people to visit research laboratories or planetariums to mark National Science Day on February 28. Modi highlighted India's progress in space science and artificial intelligence, and emphasized the importance of celebrating and respecting the indomitable spirit of women. He also spoke about the diversity of India's wildlife and the importance of conservation efforts.

Roshni Nadar Malhotra, 3rd Richest Indian

Roshni Nadar Malhotra, 3rd Richest Indian

Rediff.com10 Mar 2025

Only Mukesh Ambani and Gautam Adani are ahead of her.

'How Do Students Get 100% In Exams?'

'How Do Students Get 100% In Exams?'

Rediff.com18 Mar 2025

'Because the same stupid questions are repeated year after year when an exam should provoke the students to think and not ask repetitive questions.' 'So, what do coaching institutes do? They teach students to memorise these questions and answers without understanding the subject.'

Shivraj given 'broken seat' on Air India flight, probe ordered

Shivraj given 'broken seat' on Air India flight, probe ordered

Rediff.com22 Feb 2025

Union Minister Shivraj Singh Chouhan on Saturday slammed Tata Group-owned Air India for allotting him a 'broken and sunk' seat, prompting his ministerial colleague K Rammohan Naidu to instruct the airline to take 'necessary action'.

Tushar Shah To Travel to Space On Tue

Tushar Shah To Travel to Space On Tue

Rediff.com22 Feb 2025

Blue Origin's 10th human flight, NS-30, will lift off from Launch Site in West Texas on Tuesday, February 25.

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Rediff.com12 Mar 2025

Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.

PSBs to Explore AI Collaboration

PSBs to Explore AI Collaboration

Rediff.com20 Jul 2023

'There is a need for an innovation sandbox where the PSBs can collaborate and then they can do their own innovation on top of it.'

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Rediff.com9 Sep 2024

With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.

More than 90% taxpayers may switch to new regime: CBDT chief

More than 90% taxpayers may switch to new regime: CBDT chief

Rediff.com2 Feb 2025

The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said. Agrawal also highlighted the government's focus on "non-intrusive" tax administration through enhanced use of Artificial Intelligence (AI) and simplified tax processes for common taxpayers. He emphasized the benefits of the new tax regime (NTR), which offers simple calculations and allows taxpayers to file their ITR without professional help. The CBDT chief stated that the Budget provisions related to income tax payment benefit all income earners, not just those earning Rs 12 lakh per annum, creating a positive sentiment in the economy and propelling growth. The department is also harnessing technology, including AI and data analytics, to widen and deepen the tax base, resulting in increased compliance and tax revenue. Agrawal further highlighted the positive impact of data availability and simplified tax processes on compliance rates, citing examples of taxpayers filing revised returns and paying taxes after being prompted by the department's data analysis.

'You Can't Expect To Get Hot Potatoes From Colleges'

'You Can't Expect To Get Hot Potatoes From Colleges'

Rediff.com12 Nov 2024

'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'

HCLTech raises guidance on better-than-expected performance

HCLTech raises guidance on better-than-expected performance

Rediff.com14 Oct 2024

IT services major HCL Technologies (HCLTech) on Monday reported a 10.51 per cent increase in consolidated net profit to Rs 4,235 crore in July-September quarter of FY25, as the company raised the lower band of its growth guidance on the back of better-than-expected performance. The Noida-headquartered firm had posted a net profit of Rs 3,832 crore in the year-ago period. HCLTech increased the lower band of its revenue growth guidance to 3.5-5 per cent year-on-year in constant currency, against a guidance of 3-5 per cent in the first quarter.

Entire Prayagraj to become 'no vehicle zone' for Purnima snan

Entire Prayagraj to become 'no vehicle zone' for Purnima snan

Rediff.com11 Feb 2025

Elaborate arrangements including a special traffic plan have been chalked out for Maghi Purnima on Wednesday and health personnel have been put on alert for the occasion when the month-long 'kalpavas', an integral tradition of the Maha Kumbh, comes to an end.

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Rediff.com13 Nov 2024

Reliance Jio, the telecom business of the Mukesh Ambani-promoted conglomerate, is expected to go for an initial public offering (IPO) of over $6.25 billion either in the second or the third quarter of the calendar year 2025, sources said. Reliance Retail is likely to be listed around the same time with a short gap, it is learnt. The timing of the two IPOs, however, will depend on the company's assessment of the market conditions among other factors.

US 'closely monitoring' AI flight that landed in Russia

US 'closely monitoring' AI flight that landed in Russia

Rediff.com7 Jun 2023

Flight AI173 from Delhi was diverted to Magadan in Russia on Tuesday owing to an engine glitch, the Tata Group-owned private carrier said in a statement last evening.

Air India-Vistara Merger: What You Must Know

Air India-Vistara Merger: What You Must Know

Rediff.com26 Oct 2024

From November 12, Vistara aircraft will be operated under Air India's banner, identifiable by a special four-digit flight code beginning with '2'. For example, flight UK 955 will become AI 2955, making it easier for customers to recognise when booking on airindia.com after this date.

AI ferry flight takes off for Russia to fly 216 stranded passengers to US

AI ferry flight takes off for Russia to fly 216 stranded passengers to US

Rediff.com7 Jun 2023

'A ferry flight is scheduled to operate to GDX (Magadan) from Mumbai, at 1300 hours IST on June 7, subject to necessary regulatory clearances, which would take passengers and crew of AI173 onward to San Francisco,' the airline said in the statement on Wednesday.

Wipro Q2 net profit climbs 21.2%; announces 1:1 bonus share

Wipro Q2 net profit climbs 21.2%; announces 1:1 bonus share

Rediff.com17 Oct 2024

IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the second quarter of FY25. It had reported a profit of Rs 2,646.3 crore in the year-ago period. The revenue from operations for the reporting quarter was Rs 22,301.6 crore, a 0.95 per cent decline from Rs 22,515.9 crore in Q2 FY24.

3 international flights from Mumbai get bomb threats, 500 flyers affected

3 international flights from Mumbai get bomb threats, 500 flyers affected

Rediff.com14 Oct 2024

Security agencies went into a tizzy after three international flights originating from Mumbai received bomb threats on Monday with one of them, a New York-bound Air India aircraft, getting diverted to New Delhi as travel plans of some 500 passengers went for a toss.

Ambani unveils growth roadmap for Reliance

Ambani unveils growth roadmap for Reliance

Rediff.com29 Aug 2024

Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.

70-year-old woman on wheelchair not allowed to board AI flight

70-year-old woman on wheelchair not allowed to board AI flight

Rediff.com15 May 2016

Air India attributed the denial of boarding to the woman passengers on its flight AI 101 (Mumbai-Delhi-New York) due to the cancellation of its same flight on Thursday.

'Jobs Have Evolved, Skill Sets Haven't'

'Jobs Have Evolved, Skill Sets Haven't'

Rediff.com29 Aug 2024

'India has a skill shortage of 56%.' 'This is a very interesting paradox -- the unemployment rate is 6% to 7%, and at the same time 20% of those qualified are unemployed.'

A Formula For Start Up Success

A Formula For Start Up Success

Rediff.com10 Jan 2025

'80% of start ups fail because they don't have a support system to help them in the very early phase.' 'It's not just an idea that takes an entrepreneur through the initial three years of journey.' 'What plays a definitive role in making a start-up successful is idea+team+capital+mentors+access to a larger ecosystem.'

Performance pay: AI chief to meet panel on Friday

Performance pay: AI chief to meet panel on Friday

Rediff.com10 Dec 2009

Four committees had been set up in August under various functional directors of the airline, each focusing on a specific segment of the PLI to review the entire issue of performance payments after the unions rejected a 50 per cent 'unilateral' cut proposed by the National Aviation Company of India Limited management.

Air India's San Francisco flight delayed for over 30 hrs, finally departs

Air India's San Francisco flight delayed for over 30 hrs, finally departs

Rediff.com1 Jun 2024

Passengers of a San Francisco-bound Air India flight faced a harrowing time due to an inordinate delay and some of them fainted as the aircraft's air-conditioning system was non-functional.