News for 'IT Business'

Sri Lanka Arrests Hundreds Of Foreigners In Cybercrime Crackdown

Sri Lanka Arrests Hundreds Of Foreigners In Cybercrime Crackdown

Rediff.com5 May 2026

Sri Lankan police have arrested over 600 foreigners, including Indian nationals, this year for involvement in cybercrime operations, highlighting the country's vulnerability to international syndicates.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com7 days ago

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

I'm A Computer Science Engineer. I Don't Want To Do Coding'

I'm A Computer Science Engineer. I Don't Want To Do Coding'

Rediff.com30 Apr 2026

rediffGURU Chocko Valliappa, founder and CEO of Vee Technologies, tells young aspirants how they can make an informed career choice.

Mumbai Court Grants Bail To Techno Concert Organiser

Mumbai Court Grants Bail To Techno Concert Organiser

Rediff.com7 May 2026

A special court in Mumbai granted bail to an organiser of a techno concert where two MBA students died due to a suspected drug overdose. While organiser Akash Samal was granted bail, three other accused were denied relief. The concert, held at the NESCO Exhibition Centre, saw attendees allegedly consuming MDMA pills, leading to hospitalisations and fatalities.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com5 days ago

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

How Paytm Can Benefit From PPBL Licence Cancellation

How Paytm Can Benefit From PPBL Licence Cancellation

Rediff.com27 Apr 2026

Bernstein brokerage firm maintains 'Outperform' rating for Paytm, stating the PPBL licence cancellation will not impact Paytm's business and may open new regulatory opportunities.

PhonePe Surpasses 50 Million Registered Merchants Milestone

PhonePe Surpasses 50 Million Registered Merchants Milestone

Rediff.com28 Apr 2026

Fintech giant PhonePe has announced it has surpassed 50 million registered merchants on its platform, marking a significant milestone as it expands its financial service offerings beyond QR code payments.

IPL 2026, RCB vs MI: Can Royal Challengers batters snap two-match losing run vs Mumbai Indians?

IPL 2026, RCB vs MI: Can Royal Challengers batters snap two-match losing run vs Mumbai Indians?

Rediff.com9 May 2026

Royal Challengers Bengaluru will be looking to improve their batting performance and end their two-match losing streak when they face Mumbai Indians. RCB's batting lineup needs to regain its form to secure a spot in the IPL playoffs.

TARA: India's New Precision Strike Weapon

TARA: India's New Precision Strike Weapon

Rediff.com9 May 2026

TARA is India's first indigenous modular glide weapon, capable of transforming conventional unguided warheads into long-range precision-guided weapons.

'Life Is Too Short To Be Unhappy': Amrita Puri

'Life Is Too Short To Be Unhappy': Amrita Puri

Rediff.com7 May 2026

In the latest episode of The Rediff Podcast, Amrita Puri opens up about breaking stereotypes, dealing with the stigma of divorce and how therapy helped her find peace and self-love.

IPL 2026: 'Dropped catches cost us': Iyer slams PBKS fielding

IPL 2026: 'Dropped catches cost us': Iyer slams PBKS fielding

Rediff.com7 May 2026

Punjab Kings captain Shreyas Iyer acknowledges his team's recent slump after a loss to Sunrisers Hyderabad, highlighting dropped catches and missed opportunities as key factors.

ASUS ExpertBook Ultra Unveiled: Power, AI, And Style In One Slim Machine

ASUS ExpertBook Ultra Unveiled: Power, AI, And Style In One Slim Machine

Rediff.com29 Apr 2026

ASUS has launched the ExpertBook Ultra in India, placing strong emphasis on built-in AI capabilities. This highlights a move towards machines that process demanding tasks directly on the device, reducing dependence on remote servers and cloud-driven computing.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

It's Action! Action! Action! On OTT This Week

It's Action! Action! Action! On OTT This Week

Rediff.com8 May 2026

Pump up the adrenalin in an action packed OTT this week. Sukanya Verma lists your options.

Formula One embraces AI revolution as teams chase competitive edge

Formula One embraces AI revolution as teams chase competitive edge

Rediff.com8 May 2026

Artificial Intelligence is rapidly transforming Formula One, with teams like Williams and Red Bull using AI for race strategy, data analysis and operations as tech partnerships and sponsorship revenues surge.

WADA rule puts Vinesh Phogat comeback in trouble!

WADA rule puts Vinesh Phogat comeback in trouble!

Rediff.com7 May 2026

Vinesh Phogat's eligibility to compete in the National Open Ranking Tournament is uncertain due to questions about her compliance with WADA's six-month notice rule for returning athletes.

Gulf War Crisis: Why India Will Take A Huge Hit

Gulf War Crisis: Why India Will Take A Huge Hit

Rediff.com7 days ago

This is the time for India to plan forward fully, with the goal of Atmanirbharata, and energy security. The Persian Gulf is no longer a reliable source, points out Rajeev Srinivasan.

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Rediff.com5 May 2026

Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Rediff.com7 May 2026

A special CBI court has upheld the framing of charges against a former Narcotics Control Bureau official accused of cheating the bureau by claiming subsistence allowance while suspended, despite working for three private companies.

Punjab Minister Arora In ED Custody Over Money Laundering Allegations

Punjab Minister Arora In ED Custody Over Money Laundering Allegations

Rediff.com7 days ago

A special PMLA court in Gurugram has remanded Punjab Industries Minister Sanjeev Arora in Enforcement Directorate's custody for a week in an alleged Rs 100-crore GST fraud-linked money laundering case.

How AI Can Help Retailers Track Sustainability Preferences

How AI Can Help Retailers Track Sustainability Preferences

Rediff.com26 Apr 2026

Researchers have developed an AI-enabled framework to help retailers understand and respond to changing consumer sustainability preferences. The framework uses machine learning to identify consumer segments in real time and translate analytics into business strategies.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com9 May 2026

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

Who Will Win Kerala's Game Of Thrones?

Who Will Win Kerala's Game Of Thrones?

Rediff.com7 days ago

Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.

Unincorporated Sector Drives Job Growth, Digital Divide Persists

Unincorporated Sector Drives Job Growth, Digital Divide Persists

Rediff.com7 May 2026

India's unincorporated non-agricultural sector, excluding construction and corporate enterprises, added approximately 7.5 million workers in a single year, reaching 128.1 million employed in 2025, according to the NSO's ASUSE 2025 report.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

Great Mothers Who Shaped Famous Indians

Great Mothers Who Shaped Famous Indians

Rediff.com10 May 2026

Who were the mothers who shaped Mahatma Gandhi, Sachin Tendulkar, Narendra Modi and other well-known Indians?

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com5 days ago

'At the first sign of real trouble, that money will move. There will be a run.'

IPL 2026: 'No finger pointing': Miller backs struggling DC squad

IPL 2026: 'No finger pointing': Miller backs struggling DC squad

Rediff.com7 May 2026

David Miller emphasises Delhi Capitals' unity and focus on winning their remaining IPL games to secure a playoff spot, despite recent batting collapses and fielding lapses.

How Mizoram Police Rescued Women From Trafficking Racket

How Mizoram Police Rescued Women From Trafficking Racket

Rediff.com7 May 2026

Mizoram police, in collaboration with Uttarakhand police, rescued five Mizo women, including two minors, from a sex trafficking racket operating under the guise of a spa in Rudrapur. Six individuals have been arrested, including the alleged mastermind and spa owner.

Kanpur Police Nab Mastermind Of Rs 3,200 Crore Fake Firm Racket

Kanpur Police Nab Mastermind Of Rs 3,200 Crore Fake Firm Racket

Rediff.com7 May 2026

Police in Kanpur have arrested a suspected mastermind behind a network of fake firms, forged documents, and suspected hawala transactions worth over Rs 3,200 crore.

What I Expect From A BJP Government In Bengal

What I Expect From A BJP Government In Bengal

Rediff.com6 May 2026

The BJP must respect Bengal's pluralistic ethos and with this historic mandate give the state the constructive change it truly deserves, expects Kolkata native Payal Singh Mohanka.

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com29 Apr 2026

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'

Sunil Rao To Lead Roblox's India Operations

Sunil Rao To Lead Roblox's India Operations

Rediff.com30 Apr 2026

Gaming company Roblox has appointed Sunil Rao, a former Amazon Web Services executive, as Managing Director for its India operations. Rao will oversee Roblox India's strategy, working with local teams and partners to strengthen the company's presence and support the creator ecosystem.

BJP Serves Defamation Notice To Punjab CM Bhagwant Mann

BJP Serves Defamation Notice To Punjab CM Bhagwant Mann

Rediff.com7 May 2026

BJP leader Tarun Chugh has served a legal notice to Punjab CM Bhagwant Mann for linking the BJP to recent blasts, demanding proof or resignation.

Old vs New Tax Regime: Higher Allowances, HRA Changes Warrant Review

Old vs New Tax Regime: Higher Allowances, HRA Changes Warrant Review

Rediff.com30 Apr 2026

Recent changes to tax exemptions and allowances, including increased education, hostel, and HRA limits, have made the old tax regime more competitive against the new regime, prompting salaried employees to re-evaluate their choice for the current financial year.

Paytm Reassures RBI Action Has No Financial Impact

Paytm Reassures RBI Action Has No Financial Impact

Rediff.com25 Apr 2026

Paytm (One 97 Communications Ltd) has stated that the Reserve Bank of India's action on Paytm Payments Bank Ltd (PPBL) has no financial or business impact on the company. The fintech firm clarified it has no material business arrangements or exposure with the banking entity, which operates independently.

How India Can Lead In AI-Native Governance, According To ServiceNow

How India Can Lead In AI-Native Governance, According To ServiceNow

Rediff.com7 May 2026

ServiceNow Vice Chairman Nick Tzitzon highlights India's potential to develop an AI-native government model, emphasising enhanced public services, data privacy, and economic growth.

Lukkhe Review: Familiar Drugs And Deceit Tale

Lukkhe Review: Familiar Drugs And Deceit Tale

Rediff.com8 May 2026

Lukkhe plunges into Chandigarh's dark underbelly, exploring a drug epidemic, political corruption, and a burgeoning rap scene, though its narrative often feels like a familiar crime drama, notes Deepa Gahlot.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com9 May 2026

A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.