News for 'IT Industry'

'Carnage': SC on 10x markup on cancer drugs, bats for 16pc margin

'Carnage': SC on 10x markup on cancer drugs, bats for 16pc margin

Rediff.com29 Sep 2026

The Supreme Court has strongly criticised the exorbitant markup on cancer drugs by hospitals, calling it "carnage" and "broad daylight dacoity." The court highlighted a case where a cancer drug was marked up ten times its retail price and urged the Centre to implement a uniform 16% margin on all medicines. It also raised concerns about hospitals forcing patients to buy medicines from their in-house chemists.

UAE to Invest Additional $25 Billion in India, Deepening Economic Ties

UAE to Invest Additional $25 Billion in India, Deepening Economic Ties

Rediff.com29 Sep 2026

The United Arab Emirates (UAE) has expressed intent to invest an additional $25 billion in India, with an ultimate goal of reaching $100 billion in investments, Union Minister Piyush Goyal announced. This comes as both nations plan to enhance cooperation in shipping, ports, energy, and emerging technologies, against a backdrop of expanding bilateral trade.

'When Nature Declares War On Farmers, Govt Must Open Its Vault'

'When Nature Declares War On Farmers, Govt Must Open Its Vault'

Rediff.com30 Sep 2026

'The drought situation of Maharashtra is more severe than in 1972.'

Will Vijay's Magic Work In TN Bypolls?

Will Vijay's Magic Work In TN Bypolls?

Rediff.com1 Oct 2026

Assembly by-elections in Madurantakam and Dharapuram will offer an early measure of the TVK's electoral strength and put the dynamics of its new alliance in focus.

Amid some bumps, outlook positive for Tata Capital

Amid some bumps, outlook positive for Tata Capital

Rediff.com29 Sep 2026

Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.

UPI fee: Why govt is putting a price on big merchant payments

UPI fee: Why govt is putting a price on big merchant payments

Rediff.com16 Sep 2026

The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."

New UPI Charges: Understanding The Impact On Digital Payments

New UPI Charges: Understanding The Impact On Digital Payments

Rediff.com16 Sep 2026

The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.

Why Autonomous AI Agents Pose A Global Security Risk

Why Autonomous AI Agents Pose A Global Security Risk

Rediff.com27 Sep 2026

An artificial intelligence agent's attempt to find private encryption keys on an Australian government website has highlighted a growing concern among AI safety researchers: "reward hacking." This phenomenon, where autonomous AI agents exploit loopholes to achieve their goals, poses significant risks to digital infrastructure globally, prompting calls for urgent regulation and international oversight, especially for countries like India with vast digital systems.

The Importance Of Veer Guardian

The Importance Of Veer Guardian

Rediff.com21 Sep 2026

The political confidence required to place high-end Japanese aircraft and personnel on Indian soil is itself a data point.
It indicates a level of trust that would have been difficult to imagine when India-Japan defence ties were largely symbolic, explains Varun Arya.

Oracle Layoffs: 'He worked through Holi and Diwali... then locked out'

Oracle Layoffs: 'He worked through Holi and Diwali... then locked out'

Rediff.com15 Sep 2026

A LinkedIn post by Pooja Sahu, detailing her husband Sourabh's sudden layoff from Oracle after 12 years of dedicated service, including working through holidays and even from a hospital, has gone viral, capturing the emotional toll of the tech giant's latest job cuts.

Are You Making These Mistakes In Your CV?

Are You Making These Mistakes In Your CV?

Rediff.com29 Sep 2026

Since recruiters need to be able to spot relevant information quickly, adding unnecessary details can weaken your most important qualifications, says rediffGURU Nayagam PP.

Arunachal Pradesh Launches Major AI Skill Development Initiative

Arunachal Pradesh Launches Major AI Skill Development Initiative

Rediff.com24 Sep 2026

Arunachal Pradesh Chief Minister Pema Khandu lauded the state's first 10-day artificial intelligence boot camp and hackathon at IIT-Guwahati. The programme aims to build AI skills, promote innovation, and create a future-ready digital workforce, offering hands-on training in AI/ML, Python, and NLP to 40 young participants.

How RayVector's AI Tech Revolutionises Semiconductor Manufacturing

How RayVector's AI Tech Revolutionises Semiconductor Manufacturing

Rediff.com17 Sep 2026

Bengaluru-based deep-tech company RayVector Technologies is demonstrating its advanced multi-sensor module and wafer-handling technology at SEMICON India. This innovative solution uses sensing, imaging, and AI to detect minute irregularities in semiconductor wafers, helping manufacturers prevent costly production losses. The technology is already being utilised by major global players like Samsung, Intel, and TSMC, highlighting India's growing contribution to the global semiconductor ecosystem.

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Rediff.com28 Sep 2026

Large office leases in Mumbai and Delhi-NCR are commanding premium rentals in key micro-locations, driven by a scarcity of quality Grade-A space and sustained occupier demand, according to real estate consultants.

Tata Sons boardroom feud spills into Tata Trusts as Venu Srinivasan seeks Charity Commissioner probe

Tata Sons boardroom feud spills into Tata Trusts as Venu Srinivasan seeks Charity Commissioner probe

Rediff.com30 Sep 2026

Venu Srinivasan, a trustee and Tata Sons nominee director, has requested a regulatory inquiry into the governance of the Sir Dorabji Tata Trust, one of the charitable entities controlling 66 per cent of Tata Sons, citing concerns over trustee appointments and the trusts' involvement in commercial affairs.

Tata's Unlisted Companies Burn Rs 31,823 Crore

Tata's Unlisted Companies Burn Rs 31,823 Crore

Rediff.com28 Sep 2026

Seven of them posted losses, led by Air India, with their combined net loss widening to Rs 31,823 crore in FY26 from Rs 17,553 crore a year earlier and Rs 1,555 crore in FY20.

'Mushtaqbhai Left An Impression In Smallest Of Roles'

'Mushtaqbhai Left An Impression In Smallest Of Roles'

Rediff.com25 Sep 2026

Mushtaq Khan, celebrated for his memorable roles in films like Welcome and Gadar: Ek Prem Katha, passed away after a battle with cancer.

Why China Is Pushing For International AI Governance

Why China Is Pushing For International AI Governance

Rediff.com15 Sep 2026

China has called for stronger global governance of artificial intelligence, advocating for international cooperation to develop the technology for humanity's benefit while preventing it from getting out of control. This comes amidst warnings from leading AI researchers in the US about potential existential risks, with China emphasizing both rapid development and robust safeguards, including its new AI Safety Governance Framework 3.0. The issue is expected to be a key topic in upcoming US-China talks.

Have Foreign Investors Lost Faith in India?

Have Foreign Investors Lost Faith in India?

Rediff.com22 Sep 2026

Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.

Tom Cruise's 10 Best Movies

Tom Cruise's 10 Best Movies

Rediff.com1 Oct 2026

Looking at the best Tom Cruise films outside the Mission: Impossible franchise that proves just how versatile the superstar can be.

Tahir Raj Bhasin: 'My Dad Flew The Mirage 2000. I Was The Black Sheep'

Tahir Raj Bhasin: 'My Dad Flew The Mirage 2000. I Was The Black Sheep'

Rediff.com30 Sep 2026

'My parents were crying because they were so excited that I was on screen, that it was an YRF film, and it was opposite Rani Mukerji.'

Will take steps to...: India reacts to US sanctions bill

Will take steps to...: India reacts to US sanctions bill

Rediff.com17 Sep 2026

India has stated its commitment to protecting its economic interests and ensuring energy security after the US House of Representatives passed a bill allowing the US President to impose tariffs of up to 100 per cent on countries, including India and China, for purchasing Russian crude oil. The Ministry of External Affairs affirmed India's resolve to maintain diversified energy sourcing and has articulated its concerns to US interlocutors regarding the bill's potential implications.

Study Reveals Alarming Health Risks Of Ultra-Processed Food Consumption

Study Reveals Alarming Health Risks Of Ultra-Processed Food Consumption

Rediff.com23 Sep 2026

A comprehensive study analysing data from over 88 lakh participants across four continents has found a significant association between the consumption of ultra-processed foods (UPFs) and increased risks of various chronic diseases, including cardiovascular events, cancer, obesity, diabetes, and even mortality. The research highlights that even small increases in UPF intake can lead to higher health risks.

The Untold Migration To Gujarat

The Untold Migration To Gujarat

Rediff.com22 Sep 2026

Their stories will go unheard, filed somewhere in the banal footnotes of history. Unwritten, untold, undocumented, notes Binu Alex.

Mid- and Small-Cap SIP Returns Rebound, Boosting MF Industry Outlook

Mid- and Small-Cap SIP Returns Rebound, Boosting MF Industry Outlook

Rediff.com2 Jul 2026

Systematic Investment Plan (SIP) returns for smallcap and midcap mutual funds have seen a significant rebound, with average one-year SIP returns now at 19.1 per cent for smallcap funds and 13.5 per cent for midcap funds, according to Value Research data. This recovery is expected to revive momentum in the retail mutual fund industry, which had experienced a moderation in growth indicators.

Carbon Majors' Past Emissions To Shape Earth's Future For Centuries

Carbon Majors' Past Emissions To Shape Earth's Future For Centuries

Rediff.com24 Sep 2026

A new study reveals that past emissions from major oil, gas, coal, and cement producers will continue to impact Earth's environment for centuries, even if emissions cease today. The research highlights that the planet will remain significantly warmer than pre-industrial levels, leading to persistent climate damages and increasing the likelihood of future extreme weather events, forming the basis for accountability lawsuits against these "carbon majors."

NSE Rings The Gong At BSE

NSE Rings The Gong At BSE

Rediff.com24 Sep 2026

The National Stock Exchange marked its stock market debut at the Bombay Stock Exchange on September 24, 2026, with a traditional gong-ringing ceremony.

Trump to sign Russia sanctions bill; India-US ties, energy market on edge

Trump to sign Russia sanctions bill; India-US ties, energy market on edge

Rediff.com18 Sep 2026

President Donald Trump is set to sign the Sanctioning Russia and Iran Act, which includes tariffs on countries buying Russian oil and gas, such as India. India has voiced concerns over the potential impact on its ties with the US and the global energy market.

Equity Mutual Funds See Rs 29,329 Crore Inflow in August, Driven by Mid & Small-Caps

Equity Mutual Funds See Rs 29,329 Crore Inflow in August, Driven by Mid & Small-Caps

Rediff.com10 Sep 2026

Equity mutual fund schemes in India attracted a net inflow of Rs 29,329 crore in August, marking the highest in four months, primarily fuelled by strong investor interest in mid-cap and small-cap funds.

FM Sitharaman Confident Of India's Double-Digit Economic Growth

FM Sitharaman Confident Of India's Double-Digit Economic Growth

Rediff.com26 Sep 2026

Union Finance Minister Nirmala Sitharaman expressed strong confidence in India achieving over 10 per cent economic growth, advocating for increased technology adoption and innovation. She urged overcoming scepticism and highlighted technology's transformative role in agriculture and public sector reforms, while also launching a new fund and book at an IIT Madras event.

Micron CEO Highlights India's Semiconductor Execution, Plans Massive Scale-Up

Micron CEO Highlights India's Semiconductor Execution, Plans Massive Scale-Up

Rediff.com17 Sep 2026

Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.

Xi concludes US visit, says talks with Trump added 'new substance' to ties

Xi concludes US visit, says talks with Trump added 'new substance' to ties

Rediff.com25 Sep 2026

Chinese President Xi Jinping concluded his three-day visit to the US, stating that his discussions with President Donald Trump had injected "new substance" into the China-US relationship. Both leaders expressed optimism for future cooperation, with agreements reached on certain trade goods and discussions held on AI capabilities.

'NSE's role as trading platform will prevail over business interest'

'NSE's role as trading platform will prevail over business interest'

Rediff.com24 Sep 2026

National Stock Exchange (NSE) Chairman Srinivas Injeti stated that post-listing, the exchange's duties as a stock trading marketplace and its responsibilities as a commercial entity will see public interest overriding business interests if the two intersect.

India Poised For AI-Native Semiconductor Ecosystem Advantage

India Poised For AI-Native Semiconductor Ecosystem Advantage

Rediff.com17 Sep 2026

UST, a California-based technology company, highlights India's unique opportunity to build an AI-native semiconductor ecosystem, bypassing older models. Speaking at SEMICON India 2026, UST COO Gilroy Mathew emphasised India's advantage in investing in infrastructure and talent at the right time, enabling it to create AI-native manufacturing and supply chains for future competitiveness.

Accel's 11-Year Bet on RentoMojo Pays Off with Strong IPO Debut

Accel's 11-Year Bet on RentoMojo Pays Off with Strong IPO Debut

Rediff.com21 Sep 2026

Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.

Delhi University And AMD Collaborate To Train 10,000 Students In AI

Delhi University And AMD Collaborate To Train 10,000 Students In AI

Rediff.com3 Sep 2026

The University of Delhi and semiconductor major AMD have signed a Memorandum of Understanding (MoU) to train up to 10,000 students and faculty in industry-relevant artificial intelligence skills over the next year. This collaboration will provide access to AMD's AI Engage Developer Programme, including its open-source ROCm AI software platform, learning resources, and developer GPU cloud credits, aiming to foster indigenous AI capabilities and bridge the gap between academia and industry.

The Little Girl From Black Is Back!

The Little Girl From Black Is Back!

Rediff.com29 Sep 2026

'I did not give up on acting; I was always open to it. I just wasn't actively chasing it for a period of time.'

UPI MDR: 75% Of Merchants May Be Unaffected

UPI MDR: 75% Of Merchants May Be Unaffected

Rediff.com25 Sep 2026

75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.

Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures

Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed a federated industry platform to give India's technology ecosystem a collective international voice.

Political Row Erupts Over UPI Fee Decision

Political Row Erupts Over UPI Fee Decision

Rediff.com17 Sep 2026

The Congress party has strongly refuted government claims that its MPs on the Parliament Standing Committee on Finance supported a fee on high-value UPI payments. Congress leaders, including Gaurav Gogoi and Manish Tewari, stated that the "UPI tax" proposal was not specifically discussed by the committee, accusing the Modi government of diverting attention from public backlash and appeasing US companies. The government, however, cited the committee's report which pressed for a tiered Merchant Discount Rate (MDR) framework.