News for 'AIS'

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com4 days ago

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

India's AI Job Market Sees 20% Growth: Minister

India's AI Job Market Sees 20% Growth: Minister

Rediff.com11 May 2026

Union Minister Ashwini Vaishnaw highlights the growing demand for AI-related jobs in India and the transformation needed in the IT industry. He also mentions significant investments in data centres and subsea cable networks to boost digital infrastructure.

AU Small Finance Bank Pioneers AI-Native Loan Origination

AU Small Finance Bank Pioneers AI-Native Loan Origination

Rediff.com12 May 2026

AU Small Finance Bank has launched its first AI-native loan origination system, built on the Broccoli platform, in partnership with Amazon Web Services. This deployment marks a significant step towards becoming a fully AI-native bank, replacing traditional systems with a hyper-personalised sales and servicing platform.

AI Impact: Scientific Paper Submissions Surge, Quality Dips

AI Impact: Scientific Paper Submissions Surge, Quality Dips

Rediff.com6 May 2026

A new study reveals a significant increase in the use of artificial intelligence (AI) in scientific paper submissions since the release of ChatGPT, accompanied by a decline in writing quality. The research, focusing on submissions to the journal Organization Science, highlights the strain on the peer-review system and questions the benefits of AI for non-native English speakers and new field entrants.

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Rediff.com28 May 2026

Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.

Platforms Told To Prevent Child Exploitation Content

Platforms Told To Prevent Child Exploitation Content

Rediff.com7 days ago

Experts urge internet platforms to adopt prevention-by-design and stronger AI systems to curb child sexual exploitation material and improve online child safety.

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Rediff.com20 May 2026

Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.

AI crash: Family still recharges victim's phone, sends messages

AI crash: Family still recharges victim's phone, sends messages

Rediff.com12 Jun 2026

The family of Irfan Sheikh, a cabin crew member who died in the Air India plane crash in Ahmedabad last year, continues to recharge his mobile phone and send him WhatsApp messages as a way to cope with their enduring grief.

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Rediff.com4 days ago

Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.

AscI Proposes Guidelines For Labelling AI-Generated Ad Content

AscI Proposes Guidelines For Labelling AI-Generated Ad Content

Rediff.com12 May 2026

The Advertising Standards Council of India (ASCI) has released draft guidelines for responsible labelling of synthetically generated Artificial Intelligence (AI) content in advertising, proposing a risk-based framework to ensure transparency and protect consumers.

ServiceNow Enhances AI Control Tower For Enterprise Governance

ServiceNow Enhances AI Control Tower For Enterprise Governance

Rediff.com6 May 2026

ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Rediff.com16 Jul 2026

IT major Wipro reported a nearly flat consolidated net profit of Rs 3,352 crore in the April-June quarter of FY27, a marginal increase from Rs 3,330.4 crore in the year-ago period, while revenue from operations grew 10.6 per cent to Rs 24,478.6 crore.

Pilots' body opposes interim AI-171 crash report, seeks judicial probe

Pilots' body opposes interim AI-171 crash report, seeks judicial probe

Rediff.com11 Jun 2026

The Federation of Indian Pilots (FIP) on Thursday renewed its demand for a judicial probe into the AI-171 crash and urged authorities not to release any interim investigation report, saying it would create further confusion and speculation.

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Rediff.com15 May 2026

Hindustan Zinc Ltd (HZL) plans to generate 2,000 crore in value by implementing artificial intelligence-driven solutions across its mining and manufacturing operations. This initiative is part of a broader industry trend to adopt digital technologies for cost reduction, margin improvement, and enhanced environmental and social governance.

How India Is Leading The Way In Health AI Benchmarking

How India Is Leading The Way In Health AI Benchmarking

Rediff.com8 May 2026

India has launched an open Health AI benchmarking platform to evaluate artificial intelligence models on diverse Indian datasets before deployment at a population scale. The initiative aims to strengthen AI-driven claims management under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY).

Xiaomi 17 Ultra Is Here: 200 MP Leica Camera, Snapdragon 8 Elite Gen 5

Xiaomi 17 Ultra Is Here: 200 MP Leica Camera, Snapdragon 8 Elite Gen 5

Rediff.com18 Jul 2026

Xiaomi 17 Ultra combines a large 6.9-inch HyperRGB OLED display, a powerful Snapdragon 8 Elite Gen 5 processor and a Leica-engineered camera system.

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Rediff.com27 May 2026

Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.

Digital India RISC-V Symposium To Boost Semiconductor Innovation

Digital India RISC-V Symposium To Boost Semiconductor Innovation

Rediff.com5 days ago

IIT Madras is hosting the 3rd Digital India RISC-V (DIR-V) Symposium 2026 in partnership with the Ministry of Electronics and Information Technology and RISC-V International. The symposium aims to unite stakeholders from government, industry, and academia to advance India's semiconductor innovation, focusing on indigenous processor technologies, secure computing, hardware innovation, and AI, aligning with the government's vision for India as a global semiconductor hub.

Delhi Chief Minister Opens Commonwealth Table Tennis Championship

Delhi Chief Minister Opens Commonwealth Table Tennis Championship

Rediff.com8 hours ago

Delhi Chief Minister Rekha Gupta inaugurated the Commonwealth Table Tennis Championship at the Thyagaraj Sports Complex, highlighting the Delhi government's commitment to promoting sports. The event features top players from 25 Commonwealth nations and will conclude on August 2.

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Rediff.com11 May 2026

Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.

How Maharashtra Plans To Lead India In Quantum Technology

How Maharashtra Plans To Lead India In Quantum Technology

Rediff.com17 Jul 2026

Maharashtra Chief Minister Devendra Fadnavis announced the state's ambition to become India's leader in quantum technology. The state plans to build a robust ecosystem, align with the National Quantum Mission, and train over 5,000 professionals, recognising AI, semiconductors, and quantum tech as key pillars for future growth and global competitiveness.

St Stephen's College To Focus On AI Under New Principal

St Stephen's College To Focus On AI Under New Principal

Rediff.com12 May 2026

St Stephen's College is set to embrace artificial intelligence (AI) under its newly-appointed principal, Susan Elias, the first woman to hold the position in the college's 145-year history. Elias aims to equip students with AI and quantum computing skills, introducing certification courses for students and alumni.

IBM, Yotta Join Forces To Offer AI Platform In India

IBM, Yotta Join Forces To Offer AI Platform In India

Rediff.com7 May 2026

IBM and Yotta Data Services have announced a partnership to deliver an agentic artificial intelligence (AI) platform for enterprises and government organisations in India, leveraging IBM WatsonX Orchestrate and Yotta's Shakti Cloud.

Anahat Singh Crowned World Junior Squash Champion

Anahat Singh Crowned World Junior Squash Champion

Rediff.com1 days ago

Anahat Singh has made history by becoming the first Indian to win the world junior squash championship, defeating Egypt's Ruqayya Salem in the final. This victory follows her bronze medal performance last year.

Indian Swimmer Sajan Prakash Advances To CWG 200m Butterfly Final

Indian Swimmer Sajan Prakash Advances To CWG 200m Butterfly Final

Rediff.com5 hours ago

Indian Olympian Sajan Prakash has qualified for the men's 200m butterfly final at the Commonwealth Games, finishing second in his heat. His performance was just shy of his personal best.

Delhi High Court Upholds Abhishek Sharma's Personality Rights Against Misuse

Delhi High Court Upholds Abhishek Sharma's Personality Rights Against Misuse

Rediff.com13 Jul 2026

The Delhi High Court has issued an interim order protecting India cricketer Abhishek Sharma's personality rights, restraining third parties from misusing his name, image, and AI-generated content for commercial or personal gain. The court directed online platforms to remove infringing material, citing the spread of false and obscene content that damages his reputation and commercial value.

How India's New AI Weather Forecasts Will Help Farmers

How India's New AI Weather Forecasts Will Help Farmers

Rediff.com12 May 2026

Union Minister Jitendra Singh launched two advanced weather forecast products developed under the Ministry of Earth Sciences (MoES), aimed at delivering hyper-local, impact-based and artificial intelligence (AI)-driven weather services across India.

India's Protistha Samanta Finishes Seventh In Commonwealth Games Gymnastics Vault

India's Protistha Samanta Finishes Seventh In Commonwealth Games Gymnastics Vault

Rediff.com1 hour ago

Indian gymnast Protistha Samanta secured the seventh position in the women's vault final at the Commonwealth Games, with Canada's Lia-Monica Fontaine winning gold.

US Calls For Openness, Security In AI Partnership With India

US Calls For Openness, Security In AI Partnership With India

Rediff.com9 May 2026

A senior US official has emphasised the importance of openness and security in the development of artificial intelligence between India and the US, urging both nations to avoid dependencies on adversarial countries.

Formula One embraces AI revolution as teams chase competitive edge

Formula One embraces AI revolution as teams chase competitive edge

Rediff.com8 May 2026

Artificial Intelligence is rapidly transforming Formula One, with teams like Williams and Red Bull using AI for race strategy, data analysis and operations as tech partnerships and sponsorship revenues surge.

New ITR Forms Demand More Tax Details

New ITR Forms Demand More Tax Details

Rediff.com3 days ago

Taxpayers must provide more details to support deduction and exemption claims.

Cactus To Provide AI Expertise For Government Initiatives

Cactus To Provide AI Expertise For Government Initiatives

Rediff.com28 Apr 2026

Cactus Technology Solutions Private Limited has been empanelled by the National e-Governance Division (NeGD) to provide AI and machine learning expertise for government-led digital initiatives.

HCLTech's Q1 Profit Jumps 20% to Rs 4,624 Cr, FY27 Revenue Guidance Intact

HCLTech's Q1 Profit Jumps 20% to Rs 4,624 Cr, FY27 Revenue Guidance Intact

Rediff.com13 Jul 2026

HCL Technologies reported a significant 20 per cent year-on-year increase in its consolidated net profit for the June quarter of FY27, reaching Rs 4,624 crore, while maintaining its revenue growth guidance of 1-4 per cent for the fiscal year.

Ladakh LG Enhances Horse Polo Cup Prize Fund

Ladakh LG Enhances Horse Polo Cup Prize Fund

Rediff.com5 hours ago

Ladakh's Lieutenant Governor Vinai Kumar Saxena has significantly increased the prize money for the LG Horse Polo Cup to encourage greater participation in the sport across the union territory. This year's winners will receive Rs one lakh, with plans to further raise the prize to Rs two lakh next season. The recent UT-level championship saw 18 men's and four women's teams compete, with Ladakh Scouts Regimental Centre winning the men's title.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

FedEx And ServiceNow Collaborate On AI-Powered Supply Chain

FedEx And ServiceNow Collaborate On AI-Powered Supply Chain

Rediff.com7 May 2026

FedEx and ServiceNow have expanded their collaboration to develop an AI-powered supply chain solution aimed at optimising workflows and enhancing customer experiences. The partnership was announced at the Knowledge 2026 AI conference in Las Vegas.

Gorilla Technology Boosts AI Infrastructure Collaboration With Yotta

Gorilla Technology Boosts AI Infrastructure Collaboration With Yotta

Rediff.com29 Apr 2026

UK-based Gorilla Technology Group is expanding its AI infrastructure collaboration with Yotta Data Services in India, deploying additional GPU cards to support large-scale AI compute infrastructure.

NITI Aayog's Vision For India's Bioeconomy Growth

NITI Aayog's Vision For India's Bioeconomy Growth

Rediff.com16 Jul 2026

A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.

Raja Muthupandi wins 65kg weightlifting silver at Commonwealth Games

Raja Muthupandi wins 65kg weightlifting silver at Commonwealth Games

Rediff.com16 hours ago

Indian weightlifter Raja Muthupandi secured a silver medal in the men's 65kg category at the Commonwealth Games, marking a successful debut and contributing to India's medal tally in weightlifting.

Tragic Loss For Indian Journalism As Jasvinder Sidhu Passes Away

Tragic Loss For Indian Journalism As Jasvinder Sidhu Passes Away

Rediff.com6 hours ago

Veteran sports journalist Jasvinder Sidhu, known for his work with multiple media organisations, has tragically died in a road accident in East Delhi.