News for 'IT Industry'

India Wants To Develop Ties With China 'Once Again'

India Wants To Develop Ties With China 'Once Again'

Rediff.com15 Oct 2026

'We are open to all countries around the world as long as we get a fair deal, as long as we are ensured continuity in the engagement.'

PCBL Subsidiary Launches New Unit For Advanced Battery Materials

PCBL Subsidiary Launches New Unit For Advanced Battery Materials

Rediff.com10 Oct 2026

PCBL Chemical Ltd's subsidiary, Nanovace Technologies Ltd, has formed a new wholly-owned subsidiary, Nanovace Advanced Materials Ltd, to focus on advanced battery materials and next-generation energy storage technologies for various sectors including electric vehicles and consumer electronics.

Industrial Production Jumps 7.3% in June, Driven by Manufacturing & Power

Industrial Production Jumps 7.3% in June, Driven by Manufacturing & Power

Rediff.com28 Jul 2026

India's industrial production recorded a significant 7.3 per cent year-on-year growth in June, primarily fuelled by a strong performance in the manufacturing sector and robust expansion in electricity and gas supply.

HDFC Bank Q2 net profit up 6%; incoming MD Bagchi hints at balance sheet focus

HDFC Bank Q2 net profit up 6%; incoming MD Bagchi hints at balance sheet focus

Rediff.com17 Oct 2026

HDFC Bank reported a 5.55 per cent increase in consolidated net profit to Rs 20,700 crore for the September quarter, with incoming MD and CEO Anup Bagchi indicating a focus on strengthening the balance sheet and addressing retail vertical concerns post-merger.

Can Anurag Gupta Turn Fashion Into Real Change?

Can Anurag Gupta Turn Fashion Into Real Change?

Rediff.com16 Oct 2026

For generations, women in Bishkhor, Uttar Pradesh, have lived with stigma and limited choices. Designer Anurag Gupta hopes to help change that narrative, one livelihood at a time.

Profit-taking, rising inflation, and elevated crude oil prices drag Indian markets lower

Profit-taking, rising inflation, and elevated crude oil prices drag Indian markets lower

Rediff.com14 Oct 2026

Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.

Bharti Airtel Chairman Calls For Urgent AI Regulation Before Accidents Occur

Bharti Airtel Chairman Calls For Urgent AI Regulation Before Accidents Occur

Rediff.com14 Oct 2026

Bharti Airtel Chairman Sunil Mittal has called for proactive regulation of Artificial Intelligence, stating that waiting for an "accident" before implementing safeguards would be "foolish." Speaking at the Bloomberg New Economy Forum 2026, Mittal highlighted the struggle of governments to keep pace with AI's rapid growth and emphasised the need for a global regulatory framework, similar to the aviation sector, to ensure national security and responsible development.

Mumbai Airport defers international flight shift to Navi Mumbai until March-end

Mumbai Airport defers international flight shift to Navi Mumbai until March-end

Rediff.com14 Oct 2026

Mumbai International Airport Ltd (MIAL) has informed airlines that it will not shift any international flights from Mumbai airport to Navi Mumbai airport until the end of the winter season in March next year, following discussions with the Airline Operators Committee.

Hindustan Copper CMD Calls For Workplace Safety And Scientific Growth

Hindustan Copper CMD Calls For Workplace Safety And Scientific Growth

Rediff.com30 Sep 2026

Hindustan Copper Limited CMD Anupam Misra spoke at the 85th CSIR Foundation Day, advocating for workplace safety, employee welfare, and scientific excellence. He stressed the importance of continuous learning, innovation, and bridging research with industrial applications to support Viksit Bharat 2047. CSIR-NML Director Dr. Sandip Ghosh Chowdhury also highlighted CSIR's legacy and its role in India's technological self-reliance.

Tukaram Mundhe transferred? Maha FDA chief says our fight...

Tukaram Mundhe transferred? Maha FDA chief says our fight...

Rediff.com13 Oct 2026

Maharashtra FDA Commissioner Tukaram Mundhe has clarified that he has not been transferred, dismissing speculation about his removal. He affirmed that the crackdown on unsafe food and substandard drugs will continue, despite recent appointment to an MPSC inquiry committee.

How ED Uncovered Rs 136 Crore Realty Fraud

How ED Uncovered Rs 136 Crore Realty Fraud

Rediff.com14 Oct 2026

The Enforcement Directorate has seized assets worth over Rs 136 crore, including land parcels and bank deposits, in a money laundering investigation against Gurugram-based realty firm Ocean Seven Buildtech Pvt Ltd (OSBPL) and its promoters. The case involves allegations of defrauding home buyers by collecting over Rs 118 crore for undeveloped projects and diverting funds. OSBPL promoter Swaraj Singh Yadav was arrested in November 2025 in connection with the fraud.

Ericsson CEO Stresses Tech Alignment For AI Security

Ericsson CEO Stresses Tech Alignment For AI Security

Rediff.com7 Oct 2026

Ericsson CEO Andres Vicente emphasised the critical need for technology alignment and ecosystem collaboration to ensure security in the age of Artificial Intelligence. Speaking on Wednesday, he highlighted that AI's benefits in productivity and innovation cannot be forgone, making shared security concerns across interconnected tech layers paramount. Ericsson is actively working with partners through the Trusted Tech Alliance to establish common AI-era security understandings.

Yogi renames Atiq Ahmed's former stronghold, plans 1,200 homes for poor

Yogi renames Atiq Ahmed's former stronghold, plans 1,200 homes for poor

Rediff.com15 Oct 2026

Uttar Pradesh Chief Minister Yogi Adityanath announced the renaming of Kasari-Masari, a former stronghold of gangster Atiq Ahmed, to Shrikrishnapuri. The area in Prayagraj will see the construction of 1,200 homes for poor families on land reclaimed from the mafia leader. Adityanath reiterated his government's "zero-tolerance" policy against criminals and highlighted development initiatives.

Kareena Kapoor Khan Teams Up With Lando Norris

Kareena Kapoor Khan Teams Up With Lando Norris

Rediff.com10 Oct 2026

Kareena Kapoor Khan continues to be one of India's most prominent brand and pop-culture icons.

Mahesh Bhatt: 'Smita Patil Helped Make Me'

Mahesh Bhatt: 'Smita Patil Helped Make Me'

Rediff.com17 Oct 2026

'The last time I saw Smita, she had become a mother. The door opened. I walked in. I saw her.' 'I said, "Smita, the most creative role of your life begins now. As a mother." She laughed.' 'I spoke as if we had years. Years to meet again. Years to work again. Years to watch her child grow.'

UPI MDR on transactions over Rs 2,000 deferred until after Diwali

UPI MDR on transactions over Rs 2,000 deferred until after Diwali

Rediff.com13 Oct 2026

The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant (P2M) UPI payments above Rs 2,000, originally set for October 15, until after Diwali.

HCLTech To Build Agentic AI Solutions With Anthropic's Claude

HCLTech To Build Agentic AI Solutions With Anthropic's Claude

Rediff.com12 Oct 2026

HCLTech has announced a global partnership with Anthropic to establish a dedicated business unit focused on developing agentic AI solutions for enterprise clients using Anthropic's Claude. The collaboration aims to help businesses adopt AI systems that operate with minimal human intervention, prioritising safety, cybersecurity, and governance. HCLSoftware will also integrate Claude into its enterprise products.

Starlink Ready for India Launch, Awaits Final Go-Ahead

Starlink Ready for India Launch, Awaits Final Go-Ahead

Rediff.com8 Oct 2026

'We are ready to help Prime Minister Modi achieve his vision of 100 per cent connectivity throughout India -- a vision all of our company, including Elon, shares,' Lauren Dreyer, vice-president of Starlink business operations at SpaceX, said at the pre-business day of the India Mobile Congress in New Delhi.

What Sunil Mittal said on Musk's Starlink satellite's internet approval in India

What Sunil Mittal said on Musk's Starlink satellite's internet approval in India

Rediff.com14 Oct 2026

Bharti Airtel Chairman Sunil Bharti Mittal stated that his satcom venture, Eutelsat OneWeb, is 'significantly ahead' of Elon Musk's Starlink in the Indian satcom queue, having applied for a licence five years ago, and expressed a desire to receive regulatory approval before Starlink.

GST Council allows small online sellers to use warehouses in other states

GST Council allows small online sellers to use warehouses in other states

Rediff.com12 Oct 2026

India's GST Council has approved changes allowing small online sellers to register in states without physical premises by using an e-commerce operator's warehouse as their principal place of business, aiming to boost national sales for small businesses.

India Builds Resilience Against Future Global Shocks

India Builds Resilience Against Future Global Shocks

Rediff.com14 Oct 2026

Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.

How Hical-Safran JV Will Strengthen Rafale's Make In India Footprint

How Hical-Safran JV Will Strengthen Rafale's Make In India Footprint

Rediff.com7 Oct 2026

Hical Technologies and Safran Aerosystems have signed a Memorandum of Understanding to explore a joint venture for manufacturing complex systems, including fluid and fuel systems, for the Dassault Rafale program in India. This partnership aims to bolster the Make in India initiative, leveraging Hical's expanding manufacturing capabilities and Safran's technology leadership to produce critical aerospace components domestically and for global markets.

'Suspension Of PERM May Not Immediately Affect Indian IT Companies'

'Suspension Of PERM May Not Immediately Affect Indian IT Companies'

Rediff.com13 Oct 2026

'...but could demotivate employees seeking US residency.'

TCS Q2 results spark market rebound after two-day decline

TCS Q2 results spark market rebound after two-day decline

Rediff.com9 Oct 2026

Indian benchmark indices Sensex and Nifty saw a rebound in early trade, primarily driven by a more than 4 per cent surge in Tata Consultancy Services (TCS) shares following its robust Q2 net profit announcement. Track Sensex, nifty on October 9.

Jio Platforms IPO set to be India's largest, may list among top 3 stocks

Jio Platforms IPO set to be India's largest, may list among top 3 stocks

Rediff.com6 Oct 2026

Jio Platforms' upcoming initial public offering (IPO) is anticipated to be India's largest to date, potentially listing among the top three stocks with a valuation of around Rs 12 lakh crore, and is expected to proceed without an offer-for-sale as current investors show no interest in diluting their holdings.

India's Primary Market Sees Dozen IPOs in October, Led by Jio Platforms and Zetwerk

India's Primary Market Sees Dozen IPOs in October, Led by Jio Platforms and Zetwerk

Rediff.com11 Oct 2026

A dozen companies, including major players like Jio Platforms and Zetwerk Manufacturing Business, are poised to launch Initial Public Offerings (IPOs) in October, continuing India's strong fundraising momentum in the primary market. These offerings span diverse sectors, reflecting sustained investor interest in businesses with robust growth prospects.

Why Anthropic's Claude AI Is Now Processing Data Within India

Why Anthropic's Claude AI Is Now Processing Data Within India

Rediff.com5 Oct 2026

Artificial intelligence major Anthropic has launched AI inference capabilities in India through Amazon Bedrock, allowing its Claude AI models to process data within the country's jurisdiction. This strategic move addresses the growing demand from Indian entities, particularly in regulated sectors, for compliance with local data processing norms as per the Digital Personal Data Protection Act. The initiative strengthens Anthropic's commitment to the Indian market, enabling secure and compliant AI deployment for sensitive workloads and fostering trust among major enterprises like Reliance, CRED, and NPCI.

'Every Time The Rains Fail, We Talk About Drought; By Next June We Have Forgotten About It'

'Every Time The Rains Fail, We Talk About Drought; By Next June We Have Forgotten About It'

Rediff.com16 Oct 2026

'Without that one critical irrigation, the entire crop can be lost.'

India's Aviation Sector Soars: Indigenous Aircraft, New Airports On Horizon

India's Aviation Sector Soars: Indigenous Aircraft, New Airports On Horizon

Rediff.com6 Oct 2026

Civil Aviation Minister K Rammohan Naidu announced India's ambition to produce its first indigenous civilian aircraft within two years through a joint venture. He highlighted the rapid growth of the country's aviation sector, with significant aircraft orders, planned new airports, and potential for manufacturing jet engines and Sustainable Aviation Fuel, underscoring India's increasing role in global aviation.

Infosys CEO Predicts AI Will Drive Half Of Company's Work

Infosys CEO Predicts AI Will Drive Half Of Company's Work

Rediff.com13 Oct 2026

Infosys CEO Salil Parekh stated on Tuesday that the company's AI services, currently contributing over 8% of revenue, are growing rapidly and could account for almost half of its work within two to three years. He highlighted the strong demand for AI services, the company's hiring and training efforts for graduates in AI, and discussed potential risks like infrastructure challenges and societal backlash.

Mutual Funds Record 5% AUM Growth in Q2 FY27 Despite Equity Market Volatility

Mutual Funds Record 5% AUM Growth in Q2 FY27 Despite Equity Market Volatility

Rediff.com7 Oct 2026

Indian mutual funds experienced a nearly 5 per cent growth in average quarterly assets under management (QAAUM) in the second quarter of FY27, reaching approximately ~87.2 trillion, despite significant equity market turbulence and corrections in largecap and some debt segments.

AISA chief Neha Bora held during protest in Delhi, released later without phone

AISA chief Neha Bora held during protest in Delhi, released later without phone

Rediff.com4 Oct 2026

AISA national president Neha Bora was released at the Narela Industrial Area police station after being picked up during the organisation's protest march towards Jantar Mantar, with AISA members alleging procedural violations during her detention.

NPCI Defers UPI MDR On Transactions Over Rs 2,000

NPCI Defers UPI MDR On Transactions Over Rs 2,000

Rediff.com13 Oct 2026

The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant UPI transactions above Rs 2,000. Originally set for October 15, the new date will be announced after Diwali, providing relief to users and merchants, especially during the festive season. The decision came amidst opposition concerns about the levy burdening consumers.

Only some people are heard: Ex-IAS Divya Mittal launches party

Only some people are heard: Ex-IAS Divya Mittal launches party

Rediff.com15 Oct 2026

Former IAS officer Divya Mittal has launched her new political party, Jan Neeti Bharat, with the aim of contesting the 2027 Uttar Pradesh assembly elections and redefining governance by making people central to policymaking and ensuring government accountability.

Wipro reports marginal profit dip in Q2, revenue up 9%

Wipro reports marginal profit dip in Q2, revenue up 9%

Rediff.com16 Oct 2026

Wipro reported a marginal 1.40 per cent decline in consolidated net profit to Rs 3,200.6 crore for the July-September quarter of FY27, despite a 9.1 per cent increase in revenue from operations to Rs 24,752.7 crore.

Why India Needs A Unique AI Safety Framework

Why India Needs A Unique AI Safety Framework

Rediff.com4 Oct 2026

Industry experts advocate for India to develop its own artificial intelligence (AI) safety framework, distinct from US or EU models, to address unique challenges like deepfakes and cyberattacks. They call for a comprehensive commitment involving all stakeholders and a hybrid regulatory approach combining voluntary and binding measures, as the Indian government also considers new AI regulations.

Manali Soars With Paragliding Pre-World Cup

Manali Soars With Paragliding Pre-World Cup

Rediff.com9 Oct 2026

The four-day Paragliding Accuracy Pre-World Cup has commenced at Solang Nala in Manali, Himachal Pradesh, featuring 42 pilots from multiple countries. The event, inaugurated by Minister Rajesh Dharmani, aims to promote adventure sports and tourism in the region, with strict safety standards in place.

Navi Mumbai Police Seize Drugs Worth Rs 3.57 Crore From Nigerian National

Navi Mumbai Police Seize Drugs Worth Rs 3.57 Crore From Nigerian National

Rediff.com9 Oct 2026

Police in Navi Mumbai arrested a Nigerian national, Anyi Ikechukwu Darlington, and seized mephedrone and cocaine worth Rs 3.57 crore. The accused, previously arrested in a drug case, was out on bail and is now under investigation for his role in a drug distribution network.

How LTTS's Six Focus Areas Will Drive Future Revenue Growth

How LTTS's Six Focus Areas Will Drive Future Revenue Growth

Rediff.com12 Oct 2026

L&T Technology Services (LTTS) CEO Amit Chadha announced that artificial intelligence is a net positive for the company, with six key focus areas expected to contribute 80% of revenue in five years. These areas, including digital manufacturing and AI infrastructure, are projected to deliver higher growth and margins, offsetting pricing pressures in traditional IT services. LTTS also inaugurated an NVIDIA-powered AI manufacturing lab in Bengaluru.

How India Can Counter Trump's Tariff Threat

How India Can Counter Trump's Tariff Threat

Rediff.com16 Oct 2026

Navigating this geopolitical minefield requires a cold-blooded blend of immediate tactical pleading, structural domestic diversification, and aggressive collective resistance, suggests Ambassador Rajasekhar.