News for 'IT Industry'

Before Yash's Toxic, 10 Warring Father-Son Duos

Before Yash's Toxic, 10 Warring Father-Son Duos

Rediff.com17 Aug 2026

Yash's Toxic continues a fascinating trend in Indian cinema where a single star portrays both father and son, often leading to intense on-screen conflicts.

Trump adopts 'low-key' approach towards Iran, no new strikes planned

Trump adopts 'low-key' approach towards Iran, no new strikes planned

Rediff.com10 Aug 2026

US President Donald Trump stated that the United States is taking a "low-key" approach towards Iran, focusing on economic pressure rather than military action, amidst ongoing tensions over the Strait of Hormuz. Trump highlighted Iran's worsening economic situation and the impact of the US naval blockade, while negotiations for reopening the Strait remain stalled due to new conditions from Tehran.

After Maha, Gujarat bans analogue paneer, cheese, butter

After Maha, Gujarat bans analogue paneer, cheese, butter

Rediff.com6 Aug 2026

The Gujarat government has imposed a state-wide ban on the production, transportation, and sale of unstandardised analogue paneer, cheese, and butter. Citing public health concerns and the need to protect consumers and the dairy sector, the decision follows detections of substandard artificial dairy products during inspections. Legal action will be taken against violators.

Claude AI Gets India Data Residency

Claude AI Gets India Data Residency

Rediff.com4 Aug 2026

The move comes amid growing demand from organisations in India for local access to Claude.

How AI Is Set To Revolutionise India's Power Generation By 2030

How AI Is Set To Revolutionise India's Power Generation By 2030

Rediff.com6 Aug 2026

A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.

How Indian Banks Can Drive A USD 30 Trillion Economy By 2047

How Indian Banks Can Drive A USD 30 Trillion Economy By 2047

Rediff.com12 Aug 2026

A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.

'Stay calm': India goalkeeper Bichu Devi embraces Dhoni's mantra for hockey World Cup

'Stay calm': India goalkeeper Bichu Devi embraces Dhoni's mantra for hockey World Cup

Rediff.com14 Aug 2026

India's World Cup goalkeeper Bichu Devi, inspired by cricketing legend Mahendra Singh Dhoni, emphasises the importance of composure under pressure.

Tricolour to fly in former Maoist bastions this I-Day: Chhattisgarh CM

Tricolour to fly in former Maoist bastions this I-Day: Chhattisgarh CM

Rediff.com11 Aug 2026

Chhattisgarh Chief Minister Vishnu Deo Sai on Monday said Maoism was once considered difficult to eliminate, but the menace has now been wiped out, and this year the 'Tiranga Yatra' will also reach remote villages and schools in former Maoist strongholds of the state

Sashastra Seema Bal Crowned Champions At All-India Police Judo Event

Sashastra Seema Bal Crowned Champions At All-India Police Judo Event

Rediff.com30 Jul 2026

The Sashastra Seema Bal (SSB) has won the All-India Police Judo cluster tournament, which featured around 1,600 athletes from 36 police organisations. The Central Industrial Security Force (CISF) secured the runner-up position, with the Indo-Tibetan Border Police (ITBP) coming in third.

Sun Pharma sees 27% profit surge in Q1FY27, driven by India and innovative medicines

Sun Pharma sees 27% profit surge in Q1FY27, driven by India and innovative medicines

Rediff.com1 Aug 2026

Sun Pharmaceutical Industries reported a 27 per cent year-on-year increase in consolidated net profit to 2,894.7 crore for Q1FY27, with revenue growing 10 per cent to 15,299.8 crore, driven by strong performance in India and innovative medicines.

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Rediff.com6 Aug 2026

Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.

Astrobase Unveils India's First Private FFSC Rocket Engine

Astrobase Unveils India's First Private FFSC Rocket Engine

Rediff.com7 Aug 2026

Astrobase Space Technologies, a Bengaluru-based startup, has unveiled 'EVEREST', India's first privately built full-flow staged combustion (FFSC) LOX-Methane rocket engine. This advanced engine, designed for reusable medium-lift launch vehicles, aims to enhance India's position in the global space economy by providing high-performance propulsion systems for future satellite deployments.

Crude oil, West Asia developments, inflation data to dictate market trends this week

Crude oil, West Asia developments, inflation data to dictate market trends this week

Rediff.com9 Aug 2026

Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.

7 states account for 85% of India's installed solar capacity

7 states account for 85% of India's installed solar capacity

Rediff.com30 Jul 2026

Despite aggressive expansion, India's solar power sector faces significant hurdles from rising regional disparities in installed capacity and a looming manufacturing glut due to overcapacity in domestic solar equipment production, potentially leading to consolidation and pricing pressures.

India Plans 300 Satellites, Space Station By 2035

India Plans 300 Satellites, Space Station By 2035

Rediff.com10 Aug 2026

'The prime minister has given us the task of taking at least 300 satellites to orbit in the next five to six years.'

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Rediff.com10 Aug 2026

A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.

In a first, Red Fort to echo Vande Mataram on Independence Day

In a first, Red Fort to echo Vande Mataram on Independence Day

Rediff.com13 Aug 2026

For the first time in Independence Day celebrations, 'Vande Mataram' will be rendered at the Red Fort complex during the 79th anniversary on August 15, followed by the recitation of the National Anthem, marking 150 years of the National Song's legacy.

Tata Chemicals Q1 Profit Dips 81% to Rs 60 Crore Due to Increased Expenses

Tata Chemicals Q1 Profit Dips 81% to Rs 60 Crore Due to Increased Expenses

Rediff.com27 Jul 2026

Tata Chemicals reported an 81 per cent decline in consolidated net profit to Rs 60 crore for the quarter ended June, primarily attributed to higher expenses, despite an increase in total income.

Lok Sabha passes bill to allow charges on UPI, digital payments

Lok Sabha passes bill to allow charges on UPI, digital payments

Rediff.com6 Aug 2026

The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.

India's Manufacturing PMI Dips to 5-Year Low in July, Signalling Market Headwinds

India's Manufacturing PMI Dips to 5-Year Low in July, Signalling Market Headwinds

Rediff.com3 Aug 2026

India's manufacturing sector activity growth declined to a five-year low in July, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 53.5 from 54.2 in June, driven by a slower rise in new business orders and challenging market conditions.

IIT Madras Faculty Honoured With ANRF J C Bose Grant For Research Excellence

IIT Madras Faculty Honoured With ANRF J C Bose Grant For Research Excellence

Rediff.com7 Aug 2026

Six faculty members from IIT Madras have been awarded the prestigious ANRF J C Bose Grant, recognising their outstanding research contributions in engineering and science. The highly competitive grant provides Rs 25 lakh annually for five years to support frontier research.

We may apply for universal banking licence within a year

"We may apply for universal banking licence within a year"

Rediff.com13 Aug 2026

Equitas Small Finance Bank (SFB) Managing Director and CEO P N Vasudevan stated, "We may end up applying within a year" for a universal banking licence, while also targeting a nearly threefold increase in advances to Rs 1.2 trillion over the next five years.

Indian drugmakers in no rush to shift to US despite tariff threat

Indian drugmakers in no rush to shift to US despite tariff threat

Rediff.com10 Aug 2026

Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.

The Man Who Always Played A Woman

The Man Who Always Played A Woman

Rediff.com17 Aug 2026

'We often lament that even now no mainstream actor wants to come out as openly gay. But Chapal Bhaduri has not hidden his sexuality. He has been open about his relationship with a man for decades. He could well be our first out mainstream actor.'

El Nino Revives India's Water Disputes

El Nino Revives India's Water Disputes

Rediff.com13 Aug 2026

Change of guard in some states and evolving El Nino dynamics are triggering fresh actions on raging water-sharing disputes in several states.

Nanded: Sukhbir Badal injured in kirpan attack, probe ordered

Nanded: Sukhbir Badal injured in kirpan attack, probe ordered

Rediff.com14 Aug 2026

Shiromani Akali Dal chief Sukhbir Singh Badal sustained a minor injury to his right hand after being attacked with a kirpan by a Nihang member inside a gurdwara in Nanded, Maharashtra. The assailant has been arrested, and SAD leaders are demanding a CBI probe into what they term an intelligence failure.

GDN Review: Madhavan Lifts Generic Biopic

GDN Review: Madhavan Lifts Generic Biopic

Rediff.com10 Aug 2026

GDN has a fascinating genius at its centre, but Madhavan's terrific performance is let down by a repetitive, overly familiar biopic treatment.

F1 CEO Stefano Domenicali confirms more sprint races for 2027, balancing expansion with scarcity

F1 CEO Stefano Domenicali confirms more sprint races for 2027, balancing expansion with scarcity

Rediff.com8 Aug 2026

Formula One chief executive Stefano Domenicali announced that the sport will feature more sprint races in 2027 than the current six, while emphasising the importance of maintaining their 'scarcity value' to ensure commercial appeal.

If you love India and PM...: Raj Thackeray jabs Vivek Oberoi, R Madhavan

If you love India and PM...: Raj Thackeray jabs Vivek Oberoi, R Madhavan

Rediff.com3 Aug 2026

Raj Thackeray has sparked a debate by questioning actors Vivek Oberoi and R Madhavan for praising Prime Minister Narendra Modi's development initiatives while choosing to reside in Dubai.

Are Your Investments Worth The Effort?

Are Your Investments Worth The Effort?

Rediff.com11 Aug 2026

Many investors are working hard as their own fund managers, unaware whether their efforts have actually rewarded them for the job.

How Kerala Aims To Become A National AI And Emerging Technologies Hub

How Kerala Aims To Become A National AI And Emerging Technologies Hub

Rediff.com23 Jul 2026

Kerala Chief Minister V D Satheesan announced the state's vision to become a national hub for artificial intelligence and emerging technologies, coinciding with the launch of Naviq Technology by IBS Software Group. The state government is implementing initiatives like an AI-powered dashboard, a Global Job Watch Tower, and curriculum revisions to align with technological advancements and foster skill development in AI and semiconductor sectors.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

GalaxEye Buys StarOps, Expands Space Capabilities

GalaxEye Buys StarOps, Expands Space Capabilities

Rediff.com11 Aug 2026

'From day one, our vision has been to build a company that develops and owns the technologies defining the future of space.'

Digital India RISC-V Symposium To Boost Semiconductor Innovation

Digital India RISC-V Symposium To Boost Semiconductor Innovation

Rediff.com22 Jul 2026

IIT Madras is hosting the 3rd Digital India RISC-V (DIR-V) Symposium 2026 in partnership with the Ministry of Electronics and Information Technology and RISC-V International. The symposium aims to unite stakeholders from government, industry, and academia to advance India's semiconductor innovation, focusing on indigenous processor technologies, secure computing, hardware innovation, and AI, aligning with the government's vision for India as a global semiconductor hub.

CBDT releases comprehensive guidance for crypto-asset tax reporting

CBDT releases comprehensive guidance for crypto-asset tax reporting

Rediff.com27 Jul 2026

The Central Board of Direct Taxes (CBDT) has released a 198-page guidance note to assist crypto-asset service providers in complying with reporting obligations under the Income-tax Act, 2025, aligning India with the OECD's Crypto-Asset Reporting Framework (Carf) for automatic exchange of tax information.

AI could erode India's outsourcing advantage, warns WB report

AI could erode India's outsourcing advantage, warns WB report

Rediff.com5 Aug 2026

Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.

Why brands still can't get enough of Sachin Tendulkar

Why brands still can't get enough of Sachin Tendulkar

Rediff.com6 Aug 2026

Legendary cricketer Sachin Tendulkar maintains his position among India's top five celebrity brands, with a valuation of USD 125.9 million, according to the Kroll India Celebrity Brand Valuation 2025 report. His enduring reputation, trust, and authenticity continue to make him highly attractive to various brands, solidifying his status as the only retired athlete consistently in the top 10.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com20 Jul 2026

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com20 Jul 2026

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

Tech delayed is tech denied: IAF chief bats for more Aatmanirbharta in defence

Tech delayed is tech denied: IAF chief bats for more Aatmanirbharta in defence

Rediff.com30 Jul 2026

Air Chief Marshal A P Singh, the IAF chief, has strongly advocated for India to achieve greater self-reliance in unmanned aerial systems and other critical defence technologies, stating, "Technology delayed is technology denied." He stressed the importance of indigenous development to avoid dependency on other countries for components.