News for 'Big Tech'

Regulate Big Tech's AI Now!

Regulate Big Tech's AI Now!

Rediff.com21 Mar 2024

Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.

IRGC threatens to destroy offices of 18 US tech giants from Apr 1

IRGC threatens to destroy offices of 18 US tech giants from Apr 1

Rediff.com1 Apr 2026

Iran's Islamic Revolution Guards Corps (IRGC) has issued a chilling ultimatum to 18 major American corporations, warning that their regional infrastructure will be targeted following allegations of their involvement in hostile operations.

Digital Competition Law Worries Big Tech

Digital Competition Law Worries Big Tech

Rediff.com18 Jan 2023

'The message is not clear whether we are wanted.' 'All this could adversely impact our strategy in India and also investments.'

Why Gen Z Fears AI And Big Tech Jobs

Why Gen Z Fears AI And Big Tech Jobs

Rediff.com8 Aug 2025

Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.

I&B holds meet to discuss Big Tech revenue sharing

I&B holds meet to discuss Big Tech revenue sharing

Rediff.com13 Jun 2024

The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.

Why RBI Is Wary About Big Techs

Why RBI Is Wary About Big Techs

Rediff.com29 Dec 2021

They straddle many different (non-financial) lines of business with sometimes opaque overarching governance structures.

Stock markets today: Sensex, Nifty rise on low oil price

Stock markets today: Sensex, Nifty rise on low oil price

Rediff.com2 days ago

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.

Sensex Rises Over 300 Points, Nifty Crosses 23,700 Amid Positive Market Sentiment

Sensex Rises Over 300 Points, Nifty Crosses 23,700 Amid Positive Market Sentiment

Rediff.com19 May 2026

Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.

India to create 'smart border' along Pakistan, Bangladesh

India to create 'smart border' along Pakistan, Bangladesh

Rediff.com22 May 2026

Union Home Minister Amit Shah announced the launch of a tech-enabled 'smart border' project to secure India's borders with Pakistan and Bangladesh. The project aims to stop infiltration and combat demographic changes.

Rupee's record low, crude prices pull Indian markets lower

Rupee's record low, crude prices pull Indian markets lower

Rediff.com19 May 2026

Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.

IPO wave big validation of tech ecosystem: SoftBank exec

IPO wave big validation of tech ecosystem: SoftBank exec

Rediff.com16 Dec 2025

SoftBank's early India bets are beginning to deliver. The Japanese investor, which clocked nearly 5.4x returns on Lenskart and chose to stay invested in Meesho ahead of its public listing, has so far returned close to $7 billion from India to its global investors.

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com6 days ago

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

Rediff.com14 May 2026

US President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade, technology, Taiwan, and the Iran war. Xi Jinping said that 2026 will be a 'historic, landmark year' for China-US relations.

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.

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com18 May 2026

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Rediff.com13 May 2026

US President Donald Trump received a red carpet welcome in Beijing for talks with Chinese President Xi Jinping on trade, the Iran war, and other key issues. The visit underscores the importance both nations place on their relationship amid ongoing tensions.

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.

Should Big Tech be broken up?

Should Big Tech be broken up?

Rediff.com16 Aug 2020

Are the big five using their dominance to shut out rivals? That is the key question, says Prosenjit Datta.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

Big Tech May Miss Out on IndiaAI Mission Support

Big Tech May Miss Out on IndiaAI Mission Support

Rediff.com12 Jun 2025

'Taxpayers' money cannot be given to these companies which can access the market and buy GPUs at a competitive price from any vendor.'

What Oracle Layoffs Signal For Techies

What Oracle Layoffs Signal For Techies

Rediff.com2 Apr 2026

For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.

112,000 Tech Jobs Have Vanished In 2025 So Far

112,000 Tech Jobs Have Vanished In 2025 So Far

Rediff.com24 Nov 2025

...compared with 153,000 in all of 2024.

Only military conflict...: Modi's big remark amid US-Iran war

Only military conflict...: Modi's big remark amid US-Iran war

Rediff.com5 Mar 2026

Prime Minister Narendra Modi has called for a swift end to the conflicts in West Asia and Ukraine, emphasising the importance of dialogue and diplomacy. He made the remarks after talks with Finnish President Alexander Stubb, where they also agreed to a strategic partnership in digitalisation and sustainability.

Checking Big Tech with a Self-Goal

Checking Big Tech with a Self-Goal

Rediff.com12 Jul 2021

It was amusing to hear Minister Jaishankar's argument of tech companies being influential non-State actors. If only he looked at his own party before saying what he did, notes Shyam G Menon.

Infosys Q4 Net Profit Surges 21% to Rs 8,501 Crore, Projects 1.5-3.5% Revenue Growth for FY27

Infosys Q4 Net Profit Surges 21% to Rs 8,501 Crore, Projects 1.5-3.5% Revenue Growth for FY27

Rediff.com23 Apr 2026

Infosys reported a 20.8 per cent increase in consolidated net profit to 8,501 crore for the January-March quarter of FY26, with revenue from operations rising 13.4 per cent to 46,402 crore. The IT major has guided for a 1.5 to 3.5 per cent revenue growth for FY27, driven by momentum in financial services, utilities, and emerging AI services, despite a volatile macroeconomic environment and geopolitical risks.

The Girl From Bhandup Who Became Ms Universe USA

The Girl From Bhandup Who Became Ms Universe USA

Rediff.com10 Mar 2026

'Don't let the world put you in a box. If the world tries to put you in a box, don't stay in it. Step out of it. And if you have to, burn that box completely,' says Siddhata Patil.

India Can Lead in Technology Diffusion to Reach Millions, Says Wadhwani Foundation CEO

India Can Lead in Technology Diffusion to Reach Millions, Says Wadhwani Foundation CEO

Rediff.com26 Mar 2026

Ajay Kela, CEO of Wadhwani Foundation, highlights India's significant opportunity to lead in the diffusion of technology, creating national-scale use cases that reach millions of end-users. He also discusses the role of deep-tech startups and SMEs in job creation and the importance of upskilling initiatives.

Geopolitical tensions, Iran war impact hotel stocks; analysts cut profit expectations

Geopolitical tensions, Iran war impact hotel stocks; analysts cut profit expectations

Rediff.com14 Apr 2026

Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Rediff.com26 Mar 2026

We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.

Big Tech in financial system poses concentration risk: Shaktikanta Das

Big Tech in financial system poses concentration risk: Shaktikanta Das

Rediff.com21 Sep 2022

The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.

Big Tech Is Rushing To Train AI In Local Languages

Big Tech Is Rushing To Train AI In Local Languages

Rediff.com21 Feb 2023

Indian mobile and Web consumers speak in 30 languages and around 1,600 dialects.

10 Smart Ways Make Your Job Loss A Career Advantage

10 Smart Ways Make Your Job Loss A Career Advantage

Rediff.com13 Apr 2026

Venkat Lakshminarasimha, executive director, DISC, at Dexian, an AI and tech staffing firm, recommends how a positive, proactive approach can help you overcome setbacks and reposition yourself as an adaptable asset.

RBI guv links big tech in financial services to harsh loan recovery methods

RBI guv links big tech in financial services to harsh loan recovery methods

Rediff.com17 Jun 2022

RBI Governor Shaktikanta Das on Friday said the entry of big tech firms into the financial sector poses systemic concerns like overleveraging at the borrowers' ends.

Big Tech enjoys huge power, influence as non-State players: Jaishankar

Big Tech enjoys huge power, influence as non-State players: Jaishankar

Rediff.com30 Jun 2021

I think they cannot be brushed under the carpet, saying you should not question them because then you are attacking freedom of speech. I think that's a cop-out. Obviously, it serves their interests, he said.

How Big Tech failed us in coronavirus pandemic

How Big Tech failed us in coronavirus pandemic

Rediff.com27 Jun 2020

None of the Big Tech companies or tycoons appears to be playing a meaningful role in the testing, spread, cure, or eradication of the virus or even in contact tracing so far, says Prosenjit Datta.

The Most Vicious Phase Of The War Is About To Begin

The Most Vicious Phase Of The War Is About To Begin

Rediff.com4 Apr 2026

The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Rediff.com1 Apr 2026

Passenger vehicle sales in India reached a record high of 4.7 million units in FY26, boosted by strong performances from major automakers and the implementation of GST 2.0.

Why India's Local-First AI Strategy Could Be A Winner

Why India's Local-First AI Strategy Could Be A Winner

Rediff.com26 Feb 2026

Country's startups are carving a unique path by prioritising local, application-led innovation over the global pursuit of scale.

AI ecosystem opaque, needs accountability: CCI chairperson

AI ecosystem opaque, needs accountability: CCI chairperson

Rediff.com26 Feb 2026

The artificial intelligence (AI) ecosystem is opaque and needs to be made transparent and accountable, said Competition Commission of India's (CCI) Chairperson Ravneet Kaur at the Business Standard Manthan Summit on Wednesday.

How Uttarakhand GST Officials Used Undercover Firms to Expose Tax Evasion

How Uttarakhand GST Officials Used Undercover Firms to Expose Tax Evasion

Rediff.com19 Mar 2026

Uttarakhand GST officials conducted an elaborate undercover operation, creating fake firms to expose a company evading over Rs 150 crore in taxes.