News for 'IT Business'

Gurugram Hotel Owner Kidnapped Over Business Rivalry

Gurugram Hotel Owner Kidnapped Over Business Rivalry

Rediff.com27 Apr 2026

Gurugram Police arrested two men for allegedly kidnapping and assaulting a hotel owner, threatening him to shut down his business due to competition.

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

Rediff.com4 days ago

NITI Aayog Member Rajiv Gauba has detailed an extensive deregulation agenda, moving India towards a 'permitted unless prohibited' principle to dismantle new forms of the Licence Raj and clear 'regulatory cholesterol' for businesses.

World Bank: Remove AI Barriers to Boost Business and Jobs

World Bank: Remove AI Barriers to Boost Business and Jobs

Rediff.com9 Apr 2026

World Bank South Asia Chief Economist Franziska Ohnsorge advocates for the removal of obstacles hindering the adoption of artificial intelligence to foster business growth and job creation, particularly in South Asia.

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com7 Apr 2026

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

Rediff.com18 Apr 2026

HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.

Maharashtra Officials Jailed for Accepting Bribe in Business Deal

Maharashtra Officials Jailed for Accepting Bribe in Business Deal

Rediff.com1 Apr 2026

A senior Maharashtra government official and a junior clerk were convicted by a special court in Latur for accepting a bribe of Rs 5,000 for approving a business proposal in 2014.

How the Jan Vishwas Bill Aims to Boost Ease of Business

How the Jan Vishwas Bill Aims to Boost Ease of Business

Rediff.com3 Apr 2026

The Jan Vishwas (Amendment of Provisions) Bill, 2026, has been passed by the Indian Parliament, decriminalising minor offences across 79 central laws to improve the business environment and reduce harassment. Ministers highlight the bill's role in promoting trust-based governance and ease of doing business.

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com25 Feb 2026

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

Bill Introduced to Promote Ease of Business and Living

Bill Introduced to Promote Ease of Business and Living

Rediff.com27 Mar 2026

The government has introduced a bill in the Lok Sabha to amend provisions for decriminalising minor offences, aiming to promote ease of doing business and living.

Delhi Police Arrests Consultant In Immigration Fraud Case

Delhi Police Arrests Consultant In Immigration Fraud Case

Rediff.com10 hours ago

Delhi Police have arrested an immigration consultant accused of defrauding a woman of approximately Rs 1.83 crore by falsely promising Canadian immigration through a business investment programme.

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Rediff.com11 hours ago

Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

SKASports To Develop Regional Sports Ecosystem With Singapore Club

SKASports To Develop Regional Sports Ecosystem With Singapore Club

Rediff.com1 days ago

Chennai-based SKASports Investments Private Ltd has signed an agreement with a Singapore club to develop a regional sports ecosystem that would tap the large pool of footballers and coaches from India.

TVS Motor Inducts Ravindran Shanmugam As Independent Director

TVS Motor Inducts Ravindran Shanmugam As Independent Director

Rediff.com3 days ago

TVS Motor Company has appointed Ravindran Shanmugam, a technology entrepreneur and business leader, as an independent director for a five-year term, effective May 13, subject to shareholder approval.

US Business Schools Eye India Partnerships

US Business Schools Eye India Partnerships

Rediff.com12 Mar 2026

The outreach comes amid a drop in Indian student enrolments in management programmes at American universities last year, following changes to US student visa policies.

Gripen fighters escort Modi's plane on arrival in Sweden

Gripen fighters escort Modi's plane on arrival in Sweden

Rediff.com5 hours ago

Prime Minister Narendra Modi arrived in Sweden to hold talks on trade, technology, defence and other key sectors with his Swedish counterpart Ulf Kristersson.

Sarah Taylor Scripts History As England Men's Test Team Fielding Coach

Sarah Taylor Scripts History As England Men's Test Team Fielding Coach

Rediff.com4 days ago

Former England wicketkeeper Sarah Taylor has been appointed as the fielding coach for the senior men's Test team for the upcoming series against New Zealand.

West Bengal BJP Promises Investors A Fearless Environment

West Bengal BJP Promises Investors A Fearless Environment

Rediff.com5 days ago

West Bengal BJP president Samik Bhattacharya advocated a new land policy to facilitate large-scale industrialisation and assured investors of a 'fearless' environment in the state.

Delhi Police Nab Fugitive In Apple Consignment Fraud Case

Delhi Police Nab Fugitive In Apple Consignment Fraud Case

Rediff.com2 days ago

Delhi Police have arrested a man from Anantnag, Jammu and Kashmir, for allegedly defrauding a Delhi-based man of over Rs 5 lakh under the guise of supplying Kashmiri apple consignments. The accused had been evading arrest for nearly a decade.

Chartered Accountant Among Two Arrested In Delhi GST Fraud Case

Chartered Accountant Among Two Arrested In Delhi GST Fraud Case

Rediff.com1 days ago

Delhi Police's Economic Offences Wing has arrested two individuals, including a chartered accountant, in connection with a GST and VAT fraud involving the misuse of business credentials and dummy firms.

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Rediff.com5 days ago

'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com4 days ago

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Rediff.com8 May 2026

Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.

LPG Shortage Triggers Small Business Crisis

LPG Shortage Triggers Small Business Crisis

Rediff.com14 Mar 2026

'Why are the political leaders saying everything is normal?'

'Not an iota of truth': Modi rejects media report on taxing foreign travel

'Not an iota of truth': Modi rejects media report on taxing foreign travel

Rediff.com2 days ago

Prime Minister Narendra Modi has strongly refuted a media report suggesting the government is considering levying a tax, cess, or surcharge on foreign travel, calling the news "totally false".

Karnataka: Four Arrested For Robbery In Chikkaballapura

Karnataka: Four Arrested For Robbery In Chikkaballapura

Rediff.com4 days ago

Four men have been arrested in Chikkaballapura, Karnataka, for allegedly robbing a man of Rs 7.5 lakh after throwing chilli powder in his eyes and threatening him with a machete.

Dabur's robust India biz showing lifts shares

Dabur's robust India biz showing lifts shares

Rediff.com9 May 2026

Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Rediff.com2 days ago

The Income Tax department has enabled online filing for ITR-1 (Sahaj) and ITR-4 (Sugam) for the Assessment Year 2026-27, allowing small and medium taxpayers to file returns for income earned in the 2025-26 fiscal year.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com4 days ago

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Rediff.com4 days ago

Bharti Airtel reported a 33.5 per cent decline in consolidated net profit to Rs 7,325 crore for the March 2026 quarter, primarily attributed to one-time provisions for statutory and tax liabilities.

Mother's Day: In Pix: A Day In The Life Of A Mother

Mother's Day: In Pix: A Day In The Life Of A Mother

Rediff.com6 days ago

Riddhi Vora says her proudest title came not from a classroom or career milestone, it came with motherhood, "My life changed completely the moment I held my daughter for the first time, and then again when Veyansh was born,".

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Rediff.com30 Mar 2026

The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.

Orissa High Court: Indiscriminate Bank Account Freezes Hurt Businesses

Orissa High Court: Indiscriminate Bank Account Freezes Hurt Businesses

Rediff.com12 Mar 2026

'Statutory power must be exercised in a manner that is fair, proportionate, and not excessive.' 'The authority must demonstrate a rational nexus between the property frozen and the alleged offence.'

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com2 days ago

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Udupi Hotelier Allegedly Commits Suicide After Harassment Claims

Udupi Hotelier Allegedly Commits Suicide After Harassment Claims

Rediff.com1 days ago

A hotel entrepreneur in Udupi, Karnataka, allegedly died by suicide after posting a WhatsApp status accusing his wife and brother-in-law of harassment. The deceased, Sudhakar Shetty, had been facing marital disputes and family disagreements.

How AI Can Boost India's Economy By $500 Billion

How AI Can Boost India's Economy By $500 Billion

Rediff.com4 days ago

A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.

India must not rent its intelligence future: Adani

India must not rent its intelligence future: Adani

Rediff.com5 days ago

Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.

Punjab Police Arrest Five In Property Dispute Attack Case

Punjab Police Arrest Five In Property Dispute Attack Case

Rediff.com5 days ago

Punjab Police have arrested five individuals in connection with an attack on a property dealer in Ferozepur, revealing a conspiracy rooted in a business partnership dispute over land ownership and payment.

Jeweller Injured In Mumbra Robbery Attempt; Two Arrested

Jeweller Injured In Mumbra Robbery Attempt; Two Arrested

Rediff.com2 days ago

A jewellery shop owner in Mumbra, Thane, was stabbed and injured during a failed robbery attempt. Police have arrested two suspects in connection with the incident.