News for 'IT Business'

Xi backs open Hormuz, opposes nuclear-armed Iran: Trump after China visit

Xi backs open Hormuz, opposes nuclear-armed Iran: Trump after China visit

Rediff.com1 days ago

United States and China have agreed that "Iran can't have nuclear weapons," and that the Strait of Hormuz must be opened, according to US President Donald Trump.

India fuel retailers face credit strain as high oil prices persist, says Fitch

India fuel retailers face credit strain as high oil prices persist, says Fitch

Rediff.com5 May 2026

Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.

Manish Malhotra Wants To Dress Meryl Streep, Madonna For Met Gala 2027

Manish Malhotra Wants To Dress Meryl Streep, Madonna For Met Gala 2027

Rediff.com6 days ago

'What's next for me would be global expansion, which is challenging and exciting.'

Ravi Shastri explains why GT are IPL's most dangerous team

Ravi Shastri explains why GT are IPL's most dangerous team

Rediff.com1 days ago

Ravi Shastri believes Chennai Super Kings will learn from their defeat to Lucknow Super Giants and bounce back strongly in their remaining IPL matches to secure a playoff spot.

Trump, Xi hold talks in the 'biggest summit ever'

Trump, Xi hold talks in the 'biggest summit ever'

Rediff.com3 days ago

US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.

Cannes 2026: Which Alia Bhatt Look Did You Love? VOTE!

Cannes 2026: Which Alia Bhatt Look Did You Love? VOTE!

Rediff.com2 days ago

Alia Bhatt made waves at Cannes 2026, not just for her stunning outfits but also for her classy response to trolls.

Gold import duty hike to spur grey market, smuggling, say exporters

Gold import duty hike to spur grey market, smuggling, say exporters

Rediff.com4 days ago

The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.

Thane Consultant Duped With False Tender Promise

Thane Consultant Duped With False Tender Promise

Rediff.com4 May 2026

A business consultant in Thane, Maharashtra, was allegedly cheated of 98 lakh by two individuals who promised profits from a government tender. The accused, claiming to own two companies, convinced the victim to invest in a mobile phone supply tender for the Uttar Pradesh government, but failed to deliver on their promises.

'If people don't buy gold...': Jewellers protest against PM's appeal

'If people don't buy gold...': Jewellers protest against PM's appeal

Rediff.com5 days ago

Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.

How Krutrim Became India's First AI Unicorn

How Krutrim Became India's First AI Unicorn

Rediff.com5 May 2026

Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Rediff.com5 days ago

Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Rediff.com6 days ago

Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.

IPL 2026, CSK vs SRH: Chennai Super Kings, Sunrisers Hyderabad battle for playoff berth

IPL 2026, CSK vs SRH: Chennai Super Kings, Sunrisers Hyderabad battle for playoff berth

Rediff.com10 hours ago

Chennai Super Kings and Sunrisers Hyderabad face off in a crucial IPL match with playoff qualification at stake. Both teams need a win to boost their chances of reaching the knockouts.

Crude Oil Futures Climb Over 3%; Brent breaches $107

Crude Oil Futures Climb Over 3%; Brent breaches $107

Rediff.com5 days ago

Crude oil prices surged over 3% in futures trade after US President Donald Trump expressed doubts about the Iran ceasefire, reigniting fears of supply disruptions from West Asia and pushing Brent crude above USD 107 per barrel.

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Rediff.com6 days ago

Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.

New Zealand delay launch of new T20 competition amid scheduling challenges

New Zealand delay launch of new T20 competition amid scheduling challenges

Rediff.com6 days ago

NZ20 organisers initially planned to launch a six-team league of privately owned franchises for the coming summer but had agreed to hold off in part due to the international schedule, New Zealand Cricket (NZC) said.

Punjab Minister Accuses ED Of Defaming Him In Raids

Punjab Minister Accuses ED Of Defaming Him In Raids

Rediff.com8 May 2026

Punjab Cabinet Minister Aman Arora has accused the Enforcement Directorate (ED) of defaming him by linking his name to a raid operation conducted on realty groups in Punjab and Chandigarh. Arora denies any wrongdoing and claims the ED's actions are politically motivated.

How A Patent Workshop Is Helping Researchers And Startups

How A Patent Workshop Is Helping Researchers And Startups

Rediff.com4 days ago

A one-day patent workshop was held at CSIR-NIIST to promote intellectual property awareness and equip researchers and startups with essential knowledge in patent filing and innovation.

IPL 2026: 'CSK Must Treat Every Game As A Final'

IPL 2026: 'CSK Must Treat Every Game As A Final'

Rediff.com1 days ago

Chennai Super Kings batting coach Michael Hussey says the team must treat every remaining game as a 'final' after their defeat to Lucknow Super Giants left their IPL campaign hanging by a thread.

IPL 2026: 'I told you so' Krunal after Kohli's century magic

IPL 2026: 'I told you so' Krunal after Kohli's century magic

Rediff.com3 days ago

RCB all-rounder Krunal Pandya's prediction about Virat Kohli came true in style, as the star batter smashed a brilliant century against Kolkata Knight Riders in Raipur on Wednesday-just days after back-to-back ducks in his previous outing.

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Rediff.com9 May 2026

Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Rediff.com3 days ago

Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.

'Can't make everyone happy': Rabada opens up on drug ban, criticism

'Can't make everyone happy': Rabada opens up on drug ban, criticism

Rediff.com3 days ago

South Africa's Kagiso Rabada discusses his journey through a drugs ban and winning the World Test Championship, highlighting his focus on personal well-being and prioritising international cricket.

Dhurandhar 2 Arrives On OTT But You Can't Watch It Yet

Dhurandhar 2 Arrives On OTT But You Can't Watch It Yet

Rediff.com2 days ago

Dhurandhar 2 is finally available on OTT. But with a caveat. But for those of you living in India, here are your options for this weekend watch.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com6 days ago

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

Actor Shiyas Kareem Faces Charges Of Cheating, Outraging Modesty

Actor Shiyas Kareem Faces Charges Of Cheating, Outraging Modesty

Rediff.com28 Apr 2026

Actor and reality show star Shiyas Kareem has been booked on charges of cheating, outraging the modesty of a woman and criminal intimidation, based on a complaint lodged by his woman business partner, police said on Tuesday.

India's Manufacturing growth sees mild recovery in Apr

India's Manufacturing growth sees mild recovery in Apr

Rediff.com4 May 2026

India's manufacturing sector experienced a mild recovery in April, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 54.7 from 53.9 in March. However, inflationary pressures intensified, with input costs increasing at the fastest pace since August 2022, largely attributed to the Middle East conflict.

Preity Zinta hits out at 'fake narratives' as PBKS slump continues

Preity Zinta hits out at 'fake narratives' as PBKS slump continues

Rediff.com4 days ago

Punjab Kings co-owner Preity Zinta urged media to avoid spreading unverified information. while defending her team after they suffered a fourth straight defeat IPL 2026, mounting pressure in the playoff race.

CM Vijay begins welfare push, but Tamil Nadu's debt crisis looms large

CM Vijay begins welfare push, but Tamil Nadu's debt crisis looms large

Rediff.com7 days ago

TVK founder Vijay, upon becoming Chief Minister, approved free electricity units and special forces for women's safety and anti-drug efforts. He pledged a commitment to secularism and social justice, asserting his authority as the sole power centre.

How Paytm's Separation From PPBL Secured Its Future

How Paytm's Separation From PPBL Secured Its Future

Rediff.com29 Apr 2026

Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.

Bengal Government To Prioritise Women's Safety And Complaints

Bengal Government To Prioritise Women's Safety And Complaints

Rediff.com4 days ago

West Bengal minister Agnimitra Paul announced that the state government will ensure women's freedom of movement at any time and prioritise their complaints. CCTV monitoring will be introduced across civic bodies to enhance transparency and curb corruption. The government also plans to address illegal activities such as toll plazas, sand extraction, and coal mining, while streamlining welfare schemes and improving infrastructure projects.

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Rediff.com1 days ago

Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.

The Kerala Couple Who Created The Met Gala Carpet

The Kerala Couple Who Created The Met Gala Carpet

Rediff.com5 days ago

The world watches the Met Gala for the celebrities and the couture. But, for the last few years, one Indian brand from Kerala has quietly been creating the carpet that fashion's biggest stars pose on.

Kriish Tyagi Advances To Pre-Quarters At Karnataka Open

Kriish Tyagi Advances To Pre-Quarters At Karnataka Open

Rediff.com5 days ago

Wildcard Kriish Tyagi progressed into the pre-quarterfinal of the Karnataka Open ATP Challenger, while Mukund Sasikumar and Manish Sureshkumar also advanced. However, other Indian players faced defeat.

'Who Needs Superman When I've Got You?'

'Who Needs Superman When I've Got You?'

Rediff.com7 days ago

'Mumma, I want to tell you today that I love you dearly. When you are around, I can still be a child even though I have a child of my own,'; Mable Mudhliar tells her mother Bellarmina Chettiar.

Idols Stolen After Hanuman Temple Vandalised In Shillong

Idols Stolen After Hanuman Temple Vandalised In Shillong

Rediff.com7 days ago

Unidentified miscreants vandalised a Hanuman temple in Shillong's Garikhana locality, stealing idols, silver ornaments and cash after disabling CCTV cameras, police said on Sunday.

Bengal Ministers Skip ED Summons In Recruitment Scam

Bengal Ministers Skip ED Summons In Recruitment Scam

Rediff.com6 May 2026

Two outgoing West Bengal ministers, Sujit Bose and Rathin Ghosh, under scrutiny in a recruitment scam case, did not appear before the Enforcement Directorate (ED) as scheduled, citing health and post-election duties.

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Rediff.com5 May 2026

Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.

Want To Study At A Foreign University In India?

Want To Study At A Foreign University In India?

Rediff.com7 May 2026

Foreign universities are unlikely to gain major ground in India's higher education market in the near term, as students and families continue to prioritise return on investment over brand value in a highly price-sensitive sector.

Supreme Court To Hear ED's Plea Against Anup Majee's Anticipatory Bail

Supreme Court To Hear ED's Plea Against Anup Majee's Anticipatory Bail

Rediff.com5 days ago

The Supreme Court has agreed to hear the Enforcement Directorate's plea challenging the anticipatory bail granted to Anup Majee, director of a private firm, in a money laundering case linked to alleged illegal coal excavation and pilferage.