News for 'IT Industry'

'Sugar Prices Have Begun To Ease'

'Sugar Prices Have Begun To Ease'

Rediff.com1 Sep 2026

'With factories starting early for the next season, fresh sugar will enter market 10-15 days earlier than usual, and sugar price are expected to remain affordable in near term.'

Stock Markets Today: Sensex, Nifty Flat in Early Trade; Oil Above $100

Stock Markets Today: Sensex, Nifty Flat in Early Trade; Oil Above $100

Rediff.com10 Sep 2026

Indian benchmark indices, Sensex and Nifty, traded flat in early deals due to elevated crude oil prices exceeding USD 100 per barrel and persistent geopolitical tensions, which subdued investor risk appetite.

Flexi-Cap Funds Attract Nearly Rs 50,000 Crore Inflows, Investor Base Surges

Flexi-Cap Funds Attract Nearly Rs 50,000 Crore Inflows, Investor Base Surges

Rediff.com2 Sep 2026

Flexi-cap mutual fund schemes have attracted nearly Rs 50,000 crore in net inflows during January-July 2026, a 27 per cent increase year-on-year, as investors increasingly favour dynamic equity strategies.

Iranian President urges BRICS to end Western dominance

Iranian President urges BRICS to end Western dominance

Rediff.com13 Sep 2026

Iranian President Masoud Pezeshkian urged BRICS nations to expand trade in national currencies and build an inclusive global economic framework. He criticised "unilateral sanctions" by Western powers, stating they make emerging economies vulnerable and impact global food security. Pezeshkian emphasised BRICS' role in creating a balanced world order and highlighted Iran's geopolitical and energy capacities for cooperation.

Festive Season Fuels 35% Surge in India's Passenger Vehicle Sales for August

Festive Season Fuels 35% Surge in India's Passenger Vehicle Sales for August

Rediff.com1 Sep 2026

India's passenger vehicle sales are estimated to have surged by approximately 35 per cent to about 4.5 lakh units in August, driven by strong performances from major automakers like Maruti Suzuki India, Tata Motors Passenger Vehicles, and Mahindra & Mahindra, with the industry entering the festive season with optimism.

BRICS Nations Endorse India's Sports Technology And Goods Conclave Initiatives

BRICS Nations Endorse India's Sports Technology And Goods Conclave Initiatives

Rediff.com12 Sep 2026

The BRICS New Delhi Declaration has endorsed India's proposals for a Working Group on Sports Technology and a Sports Goods Manufacturing Conclave, aiming to enhance cooperation and innovation among member nations in the sports sector.

Net SIP Inflows Hit Record Rs 2 Trillion

Net SIP Inflows Hit Record Rs 2 Trillion

Rediff.com11 Sep 2026

Net SIP inflow is calculated by subtracting redemptions from gross SIP investments.

India to buy Javelin anti-tank system from US

India to buy Javelin anti-tank system from US

Rediff.com28 Aug 2026

India has finalised a deal with the United States to acquire Javelin anti-tank guided missile systems, significantly enhancing the Indian Army's combat capabilities. This procurement, facilitated through the US Foreign Military Sales process, underscores the deepening bilateral defence partnership and opens avenues for future collaboration and co-production between the defence industries of both nations.

UP Governor Calls For Comprehensive AI Integration Across University Curricula

UP Governor Calls For Comprehensive AI Integration Across University Curricula

Rediff.com13 Sep 2026

Uttar Pradesh Governor Anandiben Patel addressed AI Manthan 2.0, advocating for the comprehensive integration of Artificial Intelligence across all university subjects rather than as a standalone course. She urged universities to develop clear, time-bound AI roadmaps covering education, research, healthcare, and agriculture, emphasising indigenous AI development, employment creation, and the importance of "Safe and Trusted AI." The event also saw the formation of an AI Policy Advisory Group and an AI Implementation Group to drive these initiatives.

China Dominates India's Electronics Imports

China Dominates India's Electronics Imports

Rediff.com12 Sep 2026

'The large number of tariff lines in the 90-99 per cent band highlights how deeply embedded Chinese sourcing has become in India's electronics imports.'

India's payment system interoperability push finds no mention in BRICS declaration

India's payment system interoperability push finds no mention in BRICS declaration

Rediff.com7 days ago

India's proposal to link BRICS payment systems, including central-bank digital currencies (CBDCs), was notably absent from the grouping's New Delhi Declaration, despite being a key agenda item for India's chairmanship. This omission leaves the 16-year effort for trade in local currencies without a settled payment architecture, with the declaration only 'acknowledging' the work of the BRICS Payment Task Force.

How Western Disturbances Influence North India's Winter Air Pollution

How Western Disturbances Influence North India's Winter Air Pollution

Rediff.com11 Sep 2026

A new study reveals that approximately 70 per cent of the year-to-year variation in winter air pollution across northern India can be explained by the frequency of western disturbances. These storm systems, originating from the Mediterranean, help clear pollution through precipitation and ventilation. The findings suggest that predicting the frequency of these disturbances could provide advance warning of severe pollution, allowing for better preparedness and implementation of control measures.

'Nobody Looks At Clothes As Waste'

'Nobody Looks At Clothes As Waste'

Rediff.com11 Sep 2026

'You can't be selfish when you're thinking about nature. It has to be good karma.' 'If we prevent textile waste from going to the landfills, it's good karma.'

Digital Ecosystem Key To Unlocking MSME Credit

Digital Ecosystem Key To Unlocking MSME Credit

Rediff.com11 Sep 2026

India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.

Cargo vessel fire at China shipyard kills 25; Xi Jinping orders probe

Cargo vessel fire at China shipyard kills 25; Xi Jinping orders probe

Rediff.com10 Sep 2026

A devastating fire on a foreign-flagged cargo ship undergoing repairs at the Qingdao Beihai shipyard in eastern China has resulted in 20 fatalities. Chinese President Xi Jinping and Premier Li Qiang have issued directives for intensified search and rescue operations, thorough investigations into the cause, and enhanced safety measures across all sectors to prevent future accidents.

AI Salaries Jump 22% In 2 Years

AI Salaries Jump 22% In 2 Years

Rediff.com3 Sep 2026

'Companies are getting selective about what they pay a premium for.'

'Thalapathy' Vijay, 'Thala' Ajith share warm embrace at Silverstone; fans thrilled

'Thalapathy' Vijay, 'Thala' Ajith share warm embrace at Silverstone; fans thrilled

Rediff.com13 Sep 2026

Tamil Nadu Chief Minister C Joseph Vijay and actor-racer Ajith Kumar, known as 'Thalapathy' and 'Thala' respectively, shared a warm, lingering hug at the iconic Silverstone circuit in the UK.

Alternative Fuels Overtake Petrol as India's Auto Retail Sales Hit Record 24.23 Lakh Units in August

Alternative Fuels Overtake Petrol as India's Auto Retail Sales Hit Record 24.23 Lakh Units in August

Rediff.com7 Sep 2026

India's automobile retail sales reached an unprecedented 24.23 lakh units in August, marking a 17.51 per cent year-on-year growth, with alternative fuels (CNG, hybrid, and electric) collectively surpassing petrol in the passenger vehicle segment for the first time.

Sensex, Nifty pare gains on mixed global cues

Sensex, Nifty pare gains on mixed global cues

Rediff.com4 Sep 2026

The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.

NSE IPO price band fixed at Rs 1,700-1,785; subscription opens on Sep 17

NSE IPO price band fixed at Rs 1,700-1,785; subscription opens on Sep 17

Rediff.com11 Sep 2026

The National Stock Exchange (NSE) has set its initial public offering (IPO) price band at Rs 1,700-1,785 per equity share, with the subscription period running from September 17 to September 21, aiming to raise up to Rs 22,569 crore.

Bachchan Name Pressure? Navya Naveli Nanda Says...

Bachchan Name Pressure? Navya Naveli Nanda Says...

Rediff.com12 Sep 2026

'Everyone has a surname, and I think everyone has an equal responsibility to live up to that name.'

US India Space Partnership: A New Era Of Co-Creation

US India Space Partnership: A New Era Of Co-Creation

Rediff.com7 Sep 2026

US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.

'After 6 Months, NSE Scrip Will Have 100% Free Float'

'After 6 Months, NSE Scrip Will Have 100% Free Float'

Rediff.com12 Sep 2026

'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'

India Must Diversify Services Exports For Sustainable Growth

India Must Diversify Services Exports For Sustainable Growth

Rediff.com9 Sep 2026

Commerce Secretary Rajesh Agarwal highlighted the critical need for India to diversify its services exports beyond the dominant IT/ITeS and professional services sectors. Speaking at the Global Fintech Fest 2026, he emphasised the vast potential in the global financial services market, where India currently holds a small share, and stressed how fintech solutions, like UPI, can drive growth, reduce remittance costs, and support MSME trade finance, ultimately leading to sustainable economic expansion.

Devashish Makhija: 'I Expect To Be Ridiculed'

Devashish Makhija: 'I Expect To Be Ridiculed'

Rediff.com8 Sep 2026

'Manoj Bajpayee is my enabler. Till Taandav nobody knew me, and for 10 years I was trying to make films. Manoj enters my life and suddenly, one after the other, I start getting opportunities.'

Why Fund Managers Are Avoiding IT Stocks

Why Fund Managers Are Avoiding IT Stocks

Rediff.com9 Sep 2026

IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.

IIT Madras Breakthrough: Chemical-Free Surface Fights Superbugs

IIT Madras Breakthrough: Chemical-Free Surface Fights Superbugs

Rediff.com6 Sep 2026

Researchers at IIT Madras have patented a chemical-free antibacterial surface that physically eliminates harmful bacteria, including "superbugs," without relying on antibiotics or disinfectants. This innovative technology uses specially engineered nanostructures to rupture bacterial cell walls, offering a sustainable solution to Antimicrobial Resistance (AMR) for biomedical and public health applications.

Why Everyone Was Looking At Mouni...

Why Everyone Was Looking At Mouni...

Rediff.com31 Aug 2026

When does Mouni Roy not look stunning?

PM Modi calls for global UPI expansion to cut remittance costs

PM Modi calls for global UPI expansion to cut remittance costs

Rediff.com8 Sep 2026

Prime Minister Narendra Modi has urged the fintech sector to expand the global reach of India's Unified Payments Interface (UPI), connecting it with local systems in other countries to help the diaspora save on remittance costs.

Jio Prime Reintroduction Hints at Looming Tariff Hikes

Jio Prime Reintroduction Hints at Looming Tariff Hikes

Rediff.com26 Aug 2026

Reliance Jio's reintroduction of Jio Prime membership with a price lock until September 2027 and the retention of its entry-level daily unlimited data plan at ~299 rupees are seen by industry analysts as strong indicators of imminent tariff hikes across the Indian telecom sector.

Xi calls on BRICS countries to help end war in West Asia

Xi calls on BRICS countries to help end war in West Asia

Rediff.com12 Sep 2026

Chinese President Xi Jinping addressed the BRICS summit, urging the bloc to play a significant role in achieving peace and tranquillity in West Asia and the Gulf region. He highlighted BRICS' growth over two decades, its efforts in tackling global challenges, and its steadfastness in safeguarding the interests of the Global South. Xi called for opposing the Cold War mentality, strengthening multilateralism, and promoting cooperation in emerging domains like AI, as China prepares to chair the next summit.

After ISRO, Oppn red flags corporatisation of statistics body ISI

After ISRO, Oppn red flags corporatisation of statistics body ISI

Rediff.com9 Sep 2026

A government bill proposing to widen the remit of the Indian Statistical Institute (ISI) is facing scrutiny from Members of Parliament. Concerns have been raised that the Indian Statistical Institute Bill, 2026, could reduce the premier institute's autonomy. The bill, currently under examination by a Parliamentary Standing Committee on Finance, aims to incorporate ISI as a 'body corporate' to strengthen governance and promote academic excellence, but critics fear increased government control.

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com27 Aug 2026

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

Netflix Is Offering A Scholarship For...

Netflix Is Offering A Scholarship For...

Rediff.com27 Aug 2026

IICT and Netflix are offering scholarships to 100 students and working professionals, with up to 80 per cent financial support for courses in animation, VFX, gaming and creative technologies.

When Will Tata Sons List?

When Will Tata Sons List?

Rediff.com13 Sep 2026

'Listing leads to greater transparency and shareholder oversight.'

BRICS Summit Pushes For Safe And Inclusive AI Development

BRICS Summit Pushes For Safe And Inclusive AI Development

Rediff.com12 Sep 2026

BRICS leaders, in their New Delhi Declaration 2026, have called for wider access to Artificial Intelligence resources and stronger international cooperation to ensure the technology is safe, secure, inclusive, and reliable. The declaration outlines a broad technology agenda covering AI, cybersecurity, digital public infrastructure, telecom, quantum technologies, and advanced manufacturing, committing to implement the grouping's statement on 'Global Governance of Artificial Intelligence'.

Indian-origin engineer couple donates $20 mn to US varsity for AI college

Indian-origin engineer couple donates $20 mn to US varsity for AI college

Rediff.com10 Sep 2026

An Indian-origin engineer couple, Anuradha and Vikas Sinha, have donated $20 million to the University of North Texas (UNT) to establish the Anuradha and Vikas Sinha College of Artificial Intelligence and Advanced Analytics. This significant gift aims to create new opportunities for students and faculty, focusing on building and deploying intelligent systems and understanding their operation within human contexts. The donation underscores the couple's belief in education and immigrant contributions to the American dream, supporting leadership, scholarships, professorships, research, and entrepreneurship.

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Rediff.com11 Sep 2026

Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.

FY28 Budget Work Starts Early

FY28 Budget Work Starts Early

Rediff.com5 Sep 2026

The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.

'How Can You Grow At 7% With These Rates Of Private Investment?'

'How Can You Grow At 7% With These Rates Of Private Investment?'

Rediff.com2 Sep 2026

'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'