Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Thursday fixed a price band of Rs 95-100 per share for its upcoming Initial Public Offering (IPO), targeting a valuation of over Rs 61,700 crore (about $7 billion). The company's Rs 6,632 crore IPO would open for public subscription on November 4 and conclude on November 7, according to a public announcement.
With 18,000 employees already, NatWest eyes 3,000 engineers in India by next year to strengthen its AI and data capabilities.
rediffGURU T S Khurana answers readers' personal income tax queries.
'The Bhashini Mission has delivered a working technology at large scale, which is as good as or better than the one with MNC tech giants.'
US tech giant Microsoft is in the final stages of talks with the Telangana government to set up a data centre with a total investment of Rs 15,000 crore. According to sources in the state government, the company has zeroed in on a land parcel near Hyderabad for the facility. "In the information technology (IT) space, Telangana is already seeing some major investments. "Microsoft is establishing its data centre here, and it may come out with a public announcement soon," said a source.
'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'
While IITs have a reputation of their own, companies like Google, Microsoft, Amazon and Adobe prefer IIITs over most NITs for software roles due to their specialised training, says rediffGURU Mayank Chandel.
Developers are expected to not only just learn coding but also oversee what the AI agents are doing.
Internet major Yahoo's board of directors met on Friday to discuss Microsoft's takeover offer and to consider the option of a deal with Time Warner's AOL.The meeting follows a series of developments this week, which saw software major Microsoft threatening the internet giant with hostile takeover unless it accepts the deal within three weeks and Yahoo once again declining the offer.
Microsoft India on Wednesday launched its 'Women in Tech' initiative, which aims to double the number of women IT professionals in India from the present one million in the next few years.
Microsoft India on Tuesday said it has collaborated with Invest India to support tech startups in the country. As part of the partnership, the Microsoft for Startups programme will work closely with Accelerating Growth of New India's Innovations (AGNIi Mission) - a programme of the Office of the Principal Scientific Adviser to the Government of India, a statement said. Housed and executed by Invest India, AGNIi Mission helps startups become enterprise-ready.
Tech giant Microsoft will set up its largest and fourth data centre in India at Hyderabad with an investment outlay of over Rs 15,000 crore over a period of 15 years. "I am very happy to say today that Hyderabad will be the destination for Microsoft's largest Data Centre investment in India with an investment of over Rs 15,000 crore over a period of 15 years. "This will be one of the largest FDIs that Telangana has attracted," Telangana Minister for IT and Industries KT Rama Rao on Monday said at an event marking the announcement of Microsoft's latest data centre region in Hyderabad.
The company will also deliver an exclusive workshop to the government's key administrative officers on improving productivity by using Microsoft technologies
Software giant Microsoft on Tuesday unveiled its first mobile handset Kin, designed specifically for users who are actively accessing social networking sites.
IT services provider Tata Consultancy Services Ltd and Microsoft Corporation on Wednesday entered into a global services partnership, under which the two would jointly help in enhancing value of their IT investments.
It is an initiative to help women pursue their career interests after a break and make an easy transition, back into the corporate world.
Attributing to people familiar with the matter, The Wall Street Journal said the software company could announce major organisational changes at its entertainment and devices division as early as this week.
SMC will work with Microsoft and its partners to bring solutions for water management and urban planning
Fair trade watchdog CCI has approved Microsoft's proposed $7.2 billion acquisition of Nokia's mobile devices business, citing that the deal would not have adverse impact on competition in the Indian market.
YouTuber Prajakta Koli announced her engagement to boyfriend Vrishank Khanal.
Nadella advised the start-up community to learn from the failures
.jpg)
On March 14, the Supreme Court had ordered Nokia India to give Rs 3,500 crore (Rs 35 billion) as guarantee before it transfers the plant to Microsoft.
Microsoft Devices Group has unveiled the Nokia 215, its most affordable Internet-ready phone.
With IT giant Microsoft bidding $44.6 billion to acquire internet major Yahoo! to take on growing competition from Google in the fast-growing online advertisement market, the domestic players in this arena today said they are ready for the new challenge.
In the US, Zoho gets close to 80 per cent of its revenue from small companies, while the remaining comes from large ones.
Kwatra briefed reporters on the outcomes of the second day of Modi's visit that began in Washington, DC with a grand ceremonial welcome on the South Lawn of the White House.
Mark Zuckerberg, founder and CEO of Meta, summed it up well as he explained the reason for the company sacking 13 per cent of its employees. He said no one predicted that the boom for digital services during the Covid pandemic would die out. "Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended.
The government plans to implement the single rate GST, which would subsume central excise, service tax and other local levies, from April 1, 2016
'Students of Tier-II and Tier III engineering colleges in the south may find 2023 to be one of the toughest years for getting jobs.'
On a mission to cool soaring bilateral tensions, United States Secretary of State Antony Blinken on Sunday held extensive talks with his Chinese counterpart Qin Gang on a range of issues, including the Taiwan issue and the Ukraine war.
'I was amazed at how tasty it was.' 'They did a good job with millets and lentils, which Mr Modi liked.'
The Nifty IT has been one of the worst-performing indices on the bourses this calendar year. Rising concerns of a potential global recession, which investors fear can dampen demand for export-facing domestic information technology (IT) giants, have sent the index down over 30 per cent on a year-to-date basis. By comparison, the Nifty50 Index has shed 2.8 per cent during the period, reveals data by ACE Equity.
Former Uttar Pradesh chief minister late Kalyan Singh, often termed as a Hindutva icon, and actor Victor Banerjee were among the 65 distinguished personalities who were conferred with Padma awards by President Ram Nath Kovind on Monday.
Tata Steel was the top loser in the Sensex pack, sinking over 5 per cent, followed by SBI, IndusInd Bank, Bajaj Finance, HDFC Bank and NTPC. NSE Nifty tanked 371 points to 16,614.20.
Mukesh Ambani-owned RIL's JioMart is set to launch a slew of new products including financial services, electronics to airline tickets to take on the competition from upcoming rivals like the Tata Super app and other established players including PayTM, Amazon and Flipkart. This comes at a time when RIL's e-commerce revenues are set to grow by 35 per cent to $15 billion within four years and its core retail revenue is expected to grow at the same pace to $44 billion, as per a forecast by Goldman Sachs. "The Tata vs JioMart war will be the next big corporate battle to watch. "While Tata has an upper hand like in-house products and brands, RIL has the backing of global biggies like Google, Facebook and Microsoft," said head of a rating firm asking not to be quoted.
All but two women and four men among the Games' 128 archers agreed to participate, with data retained only in the form of archived TV footage.
Cricket-loving Satya Nadella will get a base annual salary of $1.2 million as new CEO of Microsoft, but his overall package after taking into account bonus and stock awards may reach $ 18 million (Rs 112 crore) a year besides various other perks.
Trump signed executive orders on August 6 that would prevent TikTok and WeChat from operating in the US as they threatened America's national security and economy.
Rajeev Suri will become the new chief executive of Finnish telecommunications gear maker Nokia, the company said on Tuesday, confirming what analysts had expected.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances