News for 'IT Business'

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.

Bikaji Foods founder Shiv Ratan Agarwal passes away at 75

Bikaji Foods founder Shiv Ratan Agarwal passes away at 75

Rediff.com23 Apr 2026

Shiv Ratan Agarwal, the visionary founder and promoter of Bikaji Foods International, has passed away at the age of 75, leaving behind a legacy of transforming traditional Bikaneri snacks into a globally recognised brand.

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com6 May 2026

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com5 May 2026

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.

Indian Super League: Punjab FC edge Chennaiyin FC, move to sixth spot

Indian Super League: Punjab FC edge Chennaiyin FC, move to sixth spot

Rediff.com7 May 2026

Punjab FC secured a 1-0 victory over Chennaiyin FC in their Indian Super League encounter, thanks to a late own goal. The win moves Punjab FC into sixth place, while Chennaiyin FC remain at the bottom of the table.

Vivo, OnePlus, Oppo: Phones to Watch Out For in May

Vivo, OnePlus, Oppo: Phones to Watch Out For in May

Rediff.com5 May 2026

May is set to be a busy month for smartphone enthusiasts with Vivo, OnePlus, and Oppo all gearing up to launch new flagship devices, including the Vivo X300 Ultra with its advanced ZEISS camera, the OnePlus Nord CE6 featuring a powerful Snapdragon 7s Gen 4 chipset, and the Oppo Find X9 Ultra boasting a stunning flexible AMOLED display.

What Dilip Shanghvi said on Sun Pharma's Organon Buy

What Dilip Shanghvi said on Sun Pharma's Organon Buy

Rediff.com27 Apr 2026

Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.

Bajaj Auto gears up for festival season with new Pulsar models

Bajaj Auto gears up for festival season with new Pulsar models

Rediff.com8 May 2026

Bajaj Auto is set to launch new Pulsar motorcycles in the 125cc and 150-250cc segments in Q2 FY27, aiming to capitalise on the upcoming festival season surge. This move follows strong growth in the 150cc-plus segment, where refreshed Pulsar models already account for over 50 per cent of Bajaj's sales.

Ralph Lauren Faces Heat Over Bandhani Skirt

Ralph Lauren Faces Heat Over Bandhani Skirt

Rediff.com6 May 2026

'It is disappointing that a craft, which is protected by the Geographical Indication Tag, Polo Ralph Lauren has turned it into a cheap wrap skirt, that too, printed.'

Undekhi 4: The Final Battle's Chaotic Conclusion

Undekhi 4: The Final Battle's Chaotic Conclusion

Rediff.com1 May 2026

The fourth season of Undekhi attempts to conclude the saga of the powerful Atwal family but struggles with an overcomplicated plot and a multitude of characters, observes Deepa Gahlot.

Manufacturing lifts pvt sector activity in April

Manufacturing lifts pvt sector activity in April

Rediff.com24 Apr 2026

India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is largely bullish among analysts following its Q4FY26 results, driven by strong SUV demand, a robust product pipeline, and improving growth visibility across segments, despite near-term margin pressures from rising commodity costs and potential weakness in the tractor cycle.

MSMEs flag 'ambiguity' in labour ministry's wage calculation rules

MSMEs flag 'ambiguity' in labour ministry's wage calculation rules

Rediff.com29 Apr 2026

Micro, small and medium enterprises (MSMEs) have expressed significant concerns regarding the labour ministry's recent clarifications on labour codes, citing ambiguity in wage calculation and implementation, which they argue creates interpretational and operational challenges for employers.

Rajinikanth On R B Choudary: 'He Asked Me To Act In His 100th Film'

Rajinikanth On R B Choudary: 'He Asked Me To Act In His 100th Film'

Rediff.com7 May 2026

The South Indian film fraternity, including superstars Rajinikanth, Mammootty, Vijay, Dhanush and Suriya, mourns the tragic passing of veteran producer R B Choudary, who died in a road accident, leaving behind a legacy of nearly 100 films and countless opportunities for new talent.

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com4 May 2026

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.

Twin blasts rock BSF, Army camp in Punjab; police hint at ISI link

Twin blasts rock BSF, Army camp in Punjab; police hint at ISI link

Rediff.com6 May 2026

Two explosions near defence establishments in Punjab have triggered security concerns.

Raja Shivaji Achieves Historic Box Office Success, Ek Din Fails

Raja Shivaji Achieves Historic Box Office Success, Ek Din Fails

Rediff.com4 May 2026

Riteish Deshmukh's Raja Shivaji has become the highest-grossing Marathi opener ever, while Aamir Khan's Ek Din faced a disastrous opening at the box office.

ServiceNow Enhances AI Control Tower For Enterprise Governance

ServiceNow Enhances AI Control Tower For Enterprise Governance

Rediff.com6 May 2026

ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

IDFC First Bank Simplifies Customs Duty Payments Digitally

IDFC First Bank Simplifies Customs Duty Payments Digitally

Rediff.com18 Apr 2026

IDFC First Bank has integrated with ICEGATE 2.0 to enable digital payment of customs duty, central excise, and service tax for its customers.

Distressed Father Ends Life Over Daughter's Wedding Costs

Distressed Father Ends Life Over Daughter's Wedding Costs

Rediff.com24 Apr 2026

A 45-year-old man in Uttar Pradesh allegedly died by suicide due to financial stress related to his daughter's upcoming wedding. Police investigations suggest the man was under significant pressure due to his inability to afford the marriage expenses.

Modi Likens India-Canada Business Ties to T20 Cricket at CEOs Forum

Modi Likens India-Canada Business Ties to T20 Cricket at CEOs Forum

Rediff.com2 Mar 2026

Prime Minister Narendra Modi, addressing the India-Canada CEOs Forum, likened T20 cricket to India-Canada business ties, urging fast, fearless partnerships and inviting Canadian CEOs to join India's development journey.

ISRO to print rocket components with Russian 3D printing machine

ISRO to print rocket components with Russian 3D printing machine

Rediff.com29 Apr 2026

The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.

What's Behind The Punjab Security Site Blasts?

What's Behind The Punjab Security Site Blasts?

Rediff.com6 May 2026

Two explosions near security establishments in Punjab have triggered panic and condemnation from opposition parties, who allege efforts to destabilise the state. The blasts occurred in Jalandhar and Amritsar, with investigations underway. No injuries were reported.

Bengal Minister Grilled In Civic Body Recruitment Scam Probe

Bengal Minister Grilled In Civic Body Recruitment Scam Probe

Rediff.com1 May 2026

West Bengal minister Sujit Bose was questioned by the Enforcement Directorate for nearly nine hours in connection with the alleged civic body recruitment scam.

Jhon Arokiasamy Scripts TVK's Stunning Rise

Jhon Arokiasamy Scripts TVK's Stunning Rise

Rediff.com5 May 2026

Building a party from scratch and leading it to electoral success is an entirely different challenge.

Bajaj Auto's Q4 Profit More Than Doubles Amid Record Sales and KTM Consolidation

Bajaj Auto's Q4 Profit More Than Doubles Amid Record Sales and KTM Consolidation

Rediff.com7 May 2026

Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).

Opposition Slams BJP Over Odisha Law And Order Situation

Opposition Slams BJP Over Odisha Law And Order Situation

Rediff.com4 May 2026

Opposition parties in Odisha, including the BJD and Congress, have criticised the ruling BJP for failing to maintain law and order after a violent attack in Puri district. The incident, captured in a viral video, has sparked concerns about public safety and governance in the state.

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.

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Rediff.com5 May 2026

Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.

Crucial Tata Trusts Board Meeting On May 8

Crucial Tata Trusts Board Meeting On May 8

Rediff.com4 May 2026

The top agenda of the meeting includes a review of Tata Trusts representation on the Tata Sons board.

Pune Child Rape-Murder: SIT To Investigate Brutal Crime

Pune Child Rape-Murder: SIT To Investigate Brutal Crime

Rediff.com3 May 2026

A Special Investigation Team (SIT) has been formed to investigate the rape and murder of a four-year-old girl in the Pune district of Maharashtra, following widespread outrage over the heinous crime.

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Rediff.com29 Apr 2026

Reliance Industries' digital arm, Jio Platforms, may see its initial public offering (IPO) delayed to the second half of fiscal 2027, according to CreditSights. The delay is primarily attributed to ongoing geopolitical tensions in the Middle East, which could impact market conditions and investor sentiment.

Haryana Speaker Seeks Explanation From Hooda Over Mock Assembly

Haryana Speaker Seeks Explanation From Hooda Over Mock Assembly

Rediff.com28 Apr 2026

Haryana Assembly Speaker Harvinder Kalyan has sought a response from Leader of the Opposition Bhupinder Singh Hooda regarding the Congress party's mock session held outside the House after boycotting a special sitting.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

Rediff.com1 May 2026

Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.