News for 'Data Infrastructure'

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Rediff.com22 May 2025

For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.

'Scope for a further rate cut in this cycle itself, if...'

'Scope for a further rate cut in this cycle itself, if...'

Rediff.com4 Jul 2025

'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'

India's industrial growth slowed to 4.8% in July

India's industrial growth slowed to 4.8% in July

Rediff.com12 Sep 2024

India's industrial production output decelerated to 4.8 per cent year-on-year in July 2024, mainly due to poor performance of the manufacturing and mining sectors, as per official data released on Thursday. The factory output growth, measured in terms of the Index of Industrial Production (IIP), was revised to 4.7 per cent in June from provisional estimates of 4.2 per cent released last month. The IIP for July 2024 was 4.8 per cent, as per the data.

Coming Soon: IPOs Worth Rs 1.02 Trillion

Coming Soon: IPOs Worth Rs 1.02 Trillion

Rediff.com2 Jun 2025

Over 60 companies are ready to launch IPOs in the coming months.

The Jet Set Prefers Luxury Electric Cars

The Jet Set Prefers Luxury Electric Cars

Rediff.com1 Jul 2025

The share of EVs in the luxury segment rose from 7 per cent in January-May 2024 to 11 per cent during the same period in 2025, marking a 66 per cent growth in the electric luxury segment.

Evacuate us, say Indian students in Iran after Israeli strikes

Evacuate us, say Indian students in Iran after Israeli strikes

Rediff.com14 Jun 2025

Zahra said that while the university officials visited the students and advised them to remain calm, they did not offer clarity on which areas might be safer.

Myanmar earthquake: ISRO reveals before and after images

Myanmar earthquake: ISRO reveals before and after images

Rediff.com1 Apr 2025

ISRO's Cartosat-3 satellite captured images of the damage caused by the 7.7 magnitude earthquake in Myanmar on March 28. The images show significant damage in Mandalay and Sagaing cities, including the complete collapse of the historic Ava (InnWa) Bridge near Inn Wa City. The earthquake also caused cracks and ground ruptures in the flood plains of the Irrawaddy River.

Mango exports to the US see healthy growth

Mango exports to the US see healthy growth

Rediff.com20 May 2025

India's mango exports to the US are registering healthy growth, and irradiation operations at a key mango treatment facility in Mumbai have been normalised after a brief disruption due to a data recording error earlier this month, an official said on Tuesday. The Mumbai-based irradiation facility, which handles the highest volume of mangoes destined for the US, faced an issue during the irradiation process conducted on May 8 and 9, 2025.

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

Rediff.com17 Jul 2025

State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.

Floods, landslides kill 8 as heavy rains batter Assam

Floods, landslides kill 8 as heavy rains batter Assam

Rediff.com1 Jun 2025

Eight persons have been killed in floods and landslides in Assam as incessant rainfall caused massive inundation in 17 districts, affecting over 78,000 people, officials said on Saturday.

IPOs mark a new era for India's hospitality industry with scale, ambition

IPOs mark a new era for India's hospitality industry with scale, ambition

Rediff.com15 Jul 2025

India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.

Now, Insurance For Money Loss From Online Scams

Now, Insurance For Money Loss From Online Scams

Rediff.com29 Apr 2025

In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.

ISRO Set To Launch 7th Spy Satellite

ISRO Set To Launch 7th Spy Satellite

Rediff.com10 May 2025

The main focus of the all weather RISAT-1B satellite will be to observe the Indian land with its C-band synthetic aperture radar.

Which PSU Stocks Should You Invest In?

Which PSU Stocks Should You Invest In?

Rediff.com17 May 2025

'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'

Land deals for housing, warehousing rise to over 2,200 acres

Land deals for housing, warehousing rise to over 2,200 acres

Rediff.com13 Jan 2025

Indian real estate sector saw more land deals in 2024 at over 2,200 acres as developers were looking to expand the business, according to CBRE. Real estate consultant CBRE data showed that land deals of more than 2,200 acres last year as against about 1,900 acres in the preceding year. Out of the total land transactions in 2024, around 2,000 acres were located in the eight major cities -- Delhi-NCR, Bengaluru, Mumbai, Chennai, Pune, Hyderabad, Kolkata and Ahmedabad.

RBI extends trading hours of call money, repo, tri-party repo markets

RBI extends trading hours of call money, repo, tri-party repo markets

Rediff.com26 Jun 2025

The Reserve Bank of India (RBI) has extended the trading hours for the interbank call money market from July 1, and that of repo and tri-party repo markets from August 1. Market participants said the decision is intended to help reduce the large Standing Deposit Facility (SDF) balances held by banks with the RBI, thereby addressing liquidity mismatches.

China used May conflict as 'live lab' to back Pak: Army deputy chief

China used May conflict as 'live lab' to back Pak: Army deputy chief

Rediff.com4 Jul 2025

'An important consideration was that we should always be at the top of the escalation ladder. When we reach a military objective, we should try and put a stop to it'

ISRO Ready To Launch NISAR In June

ISRO Ready To Launch NISAR In June

Rediff.com3 May 2025

Twice every 12 days, the NISAR satellite will scan nearly all of earth's land and ice surfaces to measure changes in the planet's ecosystems, growth and retreat of its land and sea ice, and deformation of its crust.

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Rediff.com1 Jul 2025

Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.

Factory output growth slows to 5-month low of 4.2% in Jun

Factory output growth slows to 5-month low of 4.2% in Jun

Rediff.com12 Aug 2024

India's industrial production slowed to a five-month low of 4.2 per cent in June 2024, mainly due to poor performance of the manufacturing sector, though power and mining sectors continue to perform well, as per official data released on Monday. The factory output growth, measured in terms of the Index of Industrial Production (IIP), was 6.2 per cent in May, 5 per cent in April, 5.5 per cent in March, 5.6 per cent in February and 4.2 per cent in January 2024.

'As Tunnels Increase We See More Incidents'

'As Tunnels Increase We See More Incidents'

Rediff.com7 Mar 2025

'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'

90% of women in police force serving as constables: Report

90% of women in police force serving as constables: Report

Rediff.com15 Apr 2025

A new report, "India Justice Report 2025", highlights the stark gender disparity in India's police force, with less than 1,000 women holding senior positions like Director-Generals and Superintendents of Police. Despite growing awareness about the need for gender diversity in law enforcement, not a single state or Union Territory has met its target for women's representation in the police force. The report also emphasizes the significant challenges faced by the justice system as a whole, including infrastructural deficiencies, overcrowding in prisons, and inadequate staffing levels. The report calls for systemic reforms to address these issues and ensure a more equitable and accessible justice system for all.

TCS calls Gen AI a 'civilisational shift'

TCS calls Gen AI a 'civilisational shift'

Rediff.com28 May 2025

India's largest IT services company TCS believes that generative artificial intelligence (AI) is not just another tech cycle but a "civilisational shift" which will positively benefit every industry.

Around 1 am on May 10...: CDS explains how India foiled Pak plan

Around 1 am on May 10...: CDS explains how India foiled Pak plan

Rediff.com4 Jun 2025

Pakistan's decision to talk to India on May 10 stemmed from realisation that it will suffer more if its operation continues, Gen Chauhan said.

Iran-Israel war: India ramps up oil imports from Russia, US in June

Iran-Israel war: India ramps up oil imports from Russia, US in June

Rediff.com22 Jun 2025

Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.

Home loan rates may fall to 8%: Realty experts

Home loan rates may fall to 8%: Realty experts

Rediff.com7 Jun 2025

Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.

Creativity, not software code, to be main driver of India's economy: Adobe CEO

Creativity, not software code, to be main driver of India's economy: Adobe CEO

Rediff.com1 May 2025

Global tech major Adobe Systems' chief executive Shantanu Narayen on Thursday said creativity, and not software code, will be the main driver of India's economy in the future.

'We're the largest gig worker employer in country'

'We're the largest gig worker employer in country'

Rediff.com25 Jun 2025

'Today, we have 2 million active drivers earning through our platform every month.'

Global caution sends private equity-backed M&A deal value to 6-year trough

Global caution sends private equity-backed M&A deal value to 6-year trough

Rediff.com29 Aug 2024

The value of private equity (PE)-backed mergers and acquisitions (M&As) in India reached a six-year low during the first seven months of the current calendar year, amid ongoing global uncertainties. The total value of these deals stood at $6.2 billion during the period, down from $9 billion in the same period last year, and lower than the $14 billion recorded during the corresponding period in 2019, according to data from LSEG Deals Intelligence. PE funds pool capital from investors, including high-net-worth individuals, to invest in high-return opportunities.

How India can become a high-income country

How India can become a high-income country

Rediff.com20 Feb 2025

For India to transform into a high-income country with a projected gross domestic product (GDP) of $23-35 trillion, will need a sustained annual growth of 8 per cent to 10 per cent. This will be powered by India's demographic dividend, technological innovation, and sectoral transformation, according to the "India@2047: Transforming India Into A Tech-Driven Economy" report by Bain & Company and Nasscom. By 2047, the services sector is expected to contribute 60 per cent of India's GDP, while manufacturing will account for 32 per cent, both playing a pivotal role in economic expansion.

After nearly 2 years, industrial production contracts 0.1% in August

After nearly 2 years, industrial production contracts 0.1% in August

Rediff.com11 Oct 2024

After a gap of nearly two years, India's industrial production turned negative as it contracted by 0.1 per cent in August, mainly due to a decline in the mining and power generation sectors' output, in addition to an almost flat expansion in the manufacturing sector. According to the data released by the National Statistical Office (NSO), factory output growth based on the Index of Industrial Production (IIP) has also been revised downwards for July to 4.7 per cent from the earlier estimate of 4.8 per cent. "The IIP growth rate for the month of August 2024 is (-) 0.1 per cent, which was 4.7 per cent in the month of July 2024," NSO said in a release.

India-Pak clash is about terrorism, West will suffer too: Jaishankar

India-Pak clash is about terrorism, West will suffer too: Jaishankar

Rediff.com11 Jun 2025

External Affairs Minister S Jaishankar has said the recent confrontation between India and Pakistan was not just a mere conflict between two neighbours, but it was about combating terrorism, which will eventually come back to haunt the West.

Space Industry Thrilled With FM Plans

Space Industry Thrilled With FM Plans

Rediff.com1 Feb 2025

'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Rediff.com2 May 2025

Adani Enterprises Ltd (AEL) reported an over sevenfold year-on-year (Y-o-Y) rise in its consolidated net profit, attributable to the owners of the company, for the January-March quarter of 2024-25 (Q4FY25) due to an exceptional item gain. The conglomerate's net profit was recorded at Rs 3,844.91 crore, up from Rs 450.58 crore a year ago.

6 more killed in Assam flood; Manipur, Mizoram battle rain fury, lakhs hit

6 more killed in Assam flood; Manipur, Mizoram battle rain fury, lakhs hit

Rediff.com4 Jun 2025

The rain and flood situation in northeastern states remained grim on Tuesday, with lakhs people affected in Assam, Mizoram and Manipur, even as the meteorological department predicted more rain in several parts of the region.

The Best Engineering Streams After Class 12

The Best Engineering Streams After Class 12

Rediff.com29 Apr 2025

Computer science has been an evergreen choice among engineering aspirants. However, with the rise in AI, students are increasingly realising the potential of automation and robotics.

FTA deal with India: EU firms want non-tariff barriers to go

FTA deal with India: EU firms want non-tariff barriers to go

Rediff.com15 Mar 2025

European Union (EU) companies operating in India want New Delhi to streamline or remove non-tariff barriers such as Quality Control Orders (QCOs), complex Customs procedures; simplify labelling, testing, and import procedures; and facilitate cross-border digital transactions without data localisation constraints. These are results of a Business Sentiment Survey, 2025 conducted by the Federation of European Business in India (FEBI) ahead of resumption of negotiations for a free trade agreement (FTA) between both the sides scheduled to be concluded by year-end.

Missed The IPO Bus? Read This

Missed The IPO Bus? Read This

Rediff.com1 Apr 2025

For investors who missed the initial IPO frenzy, the market correction is an opportunity to selectively invest in promising names, but patience and careful evaluation remain the key.