News for 'Global Services'

Crude price, US-Iran conflict to dictate market trends

Crude price, US-Iran conflict to dictate market trends

Rediff.com1 days ago

Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.

L&T Forays Into AI Factory Business With NVIDIA B300-Based Facility

L&T Forays Into AI Factory Business With NVIDIA B300-Based Facility

Rediff.com13 Aug 2026

Infrastructure major Larsen & Toubro (L&T) has secured a mega order, valued between Rs 10,000 and Rs 15,000 crore, to construct India's largest single-cluster artificial intelligence (AI) infrastructure facility. This strategic move marks L&T's entry into the AI Factory business, aiming to establish an NVIDIA B300-based AI Factory in Chennai to power the AI-native cloud platform of US-based Together AI, thereby strengthening India's AI ecosystem and supporting global innovation.

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Rediff.com1 days ago

The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com21 hours ago

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

How AI Is Revolutionising Advertising For Indian Small Businesses

How AI Is Revolutionising Advertising For Indian Small Businesses

Rediff.com4 days ago

A study by Amazon Ads reveals that nearly 87% of Indian small and medium businesses (SMBs) believe AI has opened up new advertising opportunities, including streaming TV. The research indicates that 75% of surveyed SMBs attribute business growth to AI-enabled advertising, with 68% noting increased creativity. AI is also facilitating international trade for 59% of businesses, though human oversight remains crucial in decision-making.

Indian IT firms see uptick in outcome-based deals driven by AI

Indian IT firms see uptick in outcome-based deals driven by AI

Rediff.com3 days ago

Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.

Microsoft's Hyderabad Data Centre Goes Live, Bolstering India's AI Ambitions

Microsoft's Hyderabad Data Centre Goes Live, Bolstering India's AI Ambitions

Rediff.com7 Aug 2026

Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.

2026 Winners: 5 Airports That Make Flying A Pleasure

2026 Winners: 5 Airports That Make Flying A Pleasure

Rediff.com3 days ago

World's Top 5 Airports of 2026 based on votes from passengers across the globe in the 2025-2026 World Airport Survey by SKYTRAX.

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Rediff.com23 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced a significant drop of over 1 per cent, driven by a bearish trend in global markets, weakness in HDFC Bank and IT firms, and fresh foreign fund outflows.

How GE Aerospace AI Is Revolutionising Aircraft Engine Maintenance

How GE Aerospace AI Is Revolutionising Aircraft Engine Maintenance

Rediff.com6 days ago

GE Aerospace is utilising artificial intelligence solutions, developed by its Bengaluru team, to significantly improve aircraft engine inspection, analytics, and maintenance. These innovations have reduced turnaround times by at least five days, enhancing engine durability, reliability, and time on wing, with specific tools like the AI-enabled Blade Inspection Tool cutting inspection times by 50%.

Bullion set to shine next week as traders await US inflation data, Fed signals

Bullion set to shine next week as traders await US inflation data, Fed signals

Rediff.com1 days ago

Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Rediff.com10 Aug 2026

A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.

AI drives demand for flexible office spaces as firms seek agility

AI drives demand for flexible office spaces as firms seek agility

Rediff.com3 days ago

Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.

Haryana CM Discusses AI, Digital Governance With World Bank

Haryana CM Discusses AI, Digital Governance With World Bank

Rediff.com5 Aug 2026

Haryana Chief Minister Nayab Singh Saini met with a World Bank delegation to discuss advancing Artificial Intelligence, digital governance, and skill development in the state. The discussions focused on leveraging technology to enhance citizen services, with plans to showcase Haryana's AI Sandbox globally and develop a dedicated AI model for the state.

Bangladesh ready to join Saudi-Pak-Turkiye defence alliance

Bangladesh ready to join Saudi-Pak-Turkiye defence alliance

Rediff.com1 days ago

Bangladesh is considering joining a newly formed defence alliance between Saudi Arabia, Pakistan, and Turkiye, with junior ministers stating that any decision would be based on national interests and a "Bangladesh First" policy. The pact, signed in Makkah, aims for collective deterrence.

Does Trump Urgently Need Modi's Help On Iran?

Does Trump Urgently Need Modi's Help On Iran?

Rediff.com17 Aug 2026

US Vice-President J D Vance's unexpected phone call to Prime Minister Narendra Modi on August 8 has ignited speculation about a potential diplomatic overture, possibly seeking India's support amidst the escalating US-Iran conflict and a shifting global power landscape, suggests Ambassador M K Bhadrakumar.

2 injured in stabbing at Canada gurdwara, attacker held

2 injured in stabbing at Canada gurdwara, attacker held

Rediff.com2 days ago

Two men, including a priest, were injured after a 27-year-old man stabbed them with a screwdriver inside a gurdwara in Edmonton, Canada. The suspect, who has a history of violent attacks and was recently released from prison, has been arrested, and police are investigating whether the incident was hate-motivated.

How Air India Fared Under Chandra

How Air India Fared Under Chandra

Rediff.com13 Aug 2026

Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.

Stock Markets Today: Sensex, Nifty Decline Amid Rising Crude Oil Prices, West Asia Tensions

Stock Markets Today: Sensex, Nifty Decline Amid Rising Crude Oil Prices, West Asia Tensions

Rediff.com7 days ago

Indian benchmark indices, Sensex and Nifty, saw declines in early trade, influenced by rising crude oil prices and ongoing geopolitical tensions in West Asia. Experts suggest that crude oil remains a primary concern, with Brent holding near USD 88 a barrel due to renewed US warnings against Iran, embedding a geopolitical risk premium in energy markets. Track Sensex, Nifty

Tata Motors' CV arm shifts focus to services, digital biz for growth

Tata Motors' CV arm shifts focus to services, digital biz for growth

Rediff.com8 Jun 2026

Tata Motors' commercial vehicle business is increasingly focusing on parts, services, connected-vehicle platforms, and digital businesses to drive growth and reduce dependence on cyclical vehicle sales, as outlined in its FY26 annual report.

'The Next Chairman Does Not Need To Build Tata'

'The Next Chairman Does Not Need To Build Tata'

Rediff.com14 Aug 2026

'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'

Stock Markets Today: Sensex, Nifty Flat Amidst Profit-Booking and Global Cues

Stock Markets Today: Sensex, Nifty Flat Amidst Profit-Booking and Global Cues

Rediff.com23 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Rediff.com16 Aug 2026

The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.

'Will pure petrol come from your father's house': BJP MP sparks row

'Will pure petrol come from your father's house': BJP MP sparks row

Rediff.com10 Aug 2026

BJP MP Janardan Mishra has strongly defended the Centre's ethanol blending policy amidst ongoing controversy, highlighting India's high crude oil import dependency and global geopolitical challenges. He questioned opponents of ethanol blending, citing Brazil's successful use of 100 per cent ethanol in vehicles and experts' views on its engine compatibility.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

'Best For Investors To Miss India IT Bus'

'Best For Investors To Miss India IT Bus'

Rediff.com10 Aug 2026

'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'

AI could erode India's outsourcing advantage, warns WB report

AI could erode India's outsourcing advantage, warns WB report

Rediff.com5 Aug 2026

Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.

West Asia Tensions, Fed Minutes to Shape Gold and Silver's Next Move

West Asia Tensions, Fed Minutes to Shape Gold and Silver's Next Move

Rediff.com16 Aug 2026

Gold and silver prices are anticipated to maintain a positive trajectory in the coming week, with market volatility expected to remain high due to ongoing developments in West Asia and upcoming global economic data, particularly the Federal Reserve's FOMC meeting minutes.

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Rediff.com10 Aug 2026

Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.

FPIs inject Rs 16,621 crore into Indian equities in early August

FPIs inject Rs 16,621 crore into Indian equities in early August

Rediff.com16 Aug 2026

Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.

Can VinFast Sustain Its Blistering India Start?

Can VinFast Sustain Its Blistering India Start?

Rediff.com5 Aug 2026

VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.

'Students India's future': Prez Murmu promises fair exams in I-Day eve address

'Students India's future': Prez Murmu promises fair exams in I-Day eve address

Rediff.com14 Aug 2026

Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.

Sensex, Nifty Fall for 5th Day on Crude Price Surge, West Asia Crisis

Sensex, Nifty Fall for 5th Day on Crude Price Surge, West Asia Crisis

Rediff.com7 days ago

Indian benchmark indices, Sensex and Nifty, continued their downward trend for the fifth consecutive day, with the Sensex dropping 281 points and Nifty falling 78 points, primarily driven by surging crude oil prices and persistent geopolitical tensions in West Asia.

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

Rediff.com16 Aug 2026

The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.

Air India picks leader who quadrupled Ethiopian Airlines' revenue

Air India picks leader who quadrupled Ethiopian Airlines' revenue

Rediff.com6 Aug 2026

Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Rediff.com7 Aug 2026

The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.

How China's Robot Employees Are Revolutionising Park Management

How China's Robot Employees Are Revolutionising Park Management

Rediff.com5 Aug 2026

China has deployed 72 "robot employees" across Beijing's municipal parks to perform various tasks like cleaning, patrolling, guiding visitors, and pest control. This initiative is part of China's "Robot Plus" strategy, driven by an ageing population and labour shortages, and showcases the growing domestic service robot market. These AI-powered robots enhance efficiency and visitor experience in popular attractions like the Summer Palace and Zizhuyuan Park.

Indian Equities Surge for Fourth Day Amid Falling Crude, FII Inflows

Indian Equities Surge for Fourth Day Amid Falling Crude, FII Inflows

Rediff.com3 Aug 2026

Indian benchmark stock indices, Sensex and Nifty, extended their winning streak to a fourth day, with Nifty surging 1.60 per cent, driven by a sharp decline in crude oil prices and renewed foreign fund inflows.

How TCS And Mistral Will Deliver AI Solutions Globally

How TCS And Mistral Will Deliver AI Solutions Globally

Rediff.com28 May 2026

Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.

8 Nations With Highest Doctor-To-Population Ratios: Where Is India?

8 Nations With Highest Doctor-To-Population Ratios: Where Is India?

Rediff.com13 Aug 2026

How well is your country's healthcare system staffed? We compare the density of essential healthcare professionals across countries, based on figures from World Population Review.