News for 'IT Industry'

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.

Railways to take reforms path to boost share in freight transport

Railways to take reforms path to boost share in freight transport

Rediff.com31 Jul 2026

"Indian Railways is now the world's second-largest cargo carrier by volume, up from fourth, even as its share of the country's total freight movement remains well below potential.'

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Suchitra Krishnamoorthi: 'There's A Sensitivity In Gen Z We Cannot Imagine'

Suchitra Krishnamoorthi: 'There's A Sensitivity In Gen Z We Cannot Imagine'

Rediff.com24 Jul 2026

On the latest episode of The Rediff Podcast, actor-singer Suchitra Krishnamoorthi explains why she admires GenZ's courage and sensitivity.

How To Get A Rs 14 LPA Package After Engineering

How To Get A Rs 14 LPA Package After Engineering

Rediff.com10 Aug 2026

'There is no college that can guarantee a Rs 14 lakh per annum (LPA) package,' clarifies rediffGURU Chocko Valliappa.

'We Are Seeing A Lot More Male Fertility Cases'

'We Are Seeing A Lot More Male Fertility Cases'

Rediff.com1 Aug 2026

Doctors attribute the rise in male infertility to obesity, diabetes, smoking, chronic stress, inadequate sleep and sedentary lifestyles.

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com13 Aug 2026

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

Dil Chahta Hai@25: 'Didn't Know We Were Making A Cult Film'

Dil Chahta Hai@25: 'Didn't Know We Were Making A Cult Film'

Rediff.com11 Aug 2026

Farhan Akhtar's directorial debut, Dil Chahta Hai, which released 25 years ago, redefined male bonding in Hindi cinema, moving away from the traditional macho template to offer a refreshing and breezy take on friendship, becoming a timeless classic.

Hiroshima Day: 6 Facts You Need To Know

Hiroshima Day: 6 Facts You Need To Know

Rediff.com6 Aug 2026

Hiroshima Day is observed on August 6. On that day, the United States B-29 bomber Enola Gay dropped the atomic bomb over the city of Hiroshima on May 6, 1945 changing the course of history.

The Magic Of India's Long Train Journeys

The Magic Of India's Long Train Journeys

Rediff.com11 Aug 2026

Back when India moved slowly, every window seat came with a view, and every rail journey came with excess baggage - food, fears, family drama, points out Ajanta Krishnamurthy.

Why Kriti Sanon Is Trending

Why Kriti Sanon Is Trending

Rediff.com27 Jul 2026

Kriti Sanon is 36!

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

Rediff.com30 Jul 2026

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

Rediff.com15 Aug 2026

In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.

Why Pakistan's Hangors Submarines Face India's ASW Shield

Why Pakistan's Hangors Submarines Face India's ASW Shield

Rediff.com10 Aug 2026

Hangors are effectively 'dead-on-arrival' with Pakistanis saddled with deadweights that displace around 3,000 tons. Last time it was near Vishakhapatnam. This time, barnacles will clog the Hangors in Karachi port itself, points out Dr Abhishek Puri.

6 Couple Lessons: Why Zendaya And Tom Holland Are So Amazing

6 Couple Lessons: Why Zendaya And Tom Holland Are So Amazing

Rediff.com5 Aug 2026

In a world where celebrity relationships often play out on social media, Tom Holland and Zendaya have quietly built one of Hollywood's most-loved romances.

Sunil Chhetri's Plea To Tata Group: Don't Shut Down Jamshedpur FC

Sunil Chhetri's Plea To Tata Group: Don't Shut Down Jamshedpur FC

Rediff.com2 Aug 2026

Former India captain Sunil Chhetri has publicly appealed to the Tata Group to reverse its decision to withdraw Indian Super League club Jamshedpur FC.

N-plants save blushes for India's Q1 investment outlay

N-plants save blushes for India's Q1 investment outlay

Rediff.com10 Aug 2026

India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.

I was a moderate Hindu, now I want to convert to...: Kangana

I was a moderate Hindu, now I want to convert to...: Kangana

Rediff.com3 Aug 2026

Kangana Ranaut has sparked fresh controversy by declaring her intention to "convert" to an "awakened Hindu" ideology, aligning with BJP and RSS.

What Made The Toxic Trailer Launch So Different

What Made The Toxic Trailer Launch So Different

Rediff.com10 Aug 2026

The Toxic trailer seems to be deliberately ambiguous. It throws period drama, gangster wars, family conflict, violence, romance, and something fantastical into the same pot. At times, it feels as if I am watching several films fighting for space inside one trailer.

RBI Governor Discusses Future Of Digital Payment Merchant Discount Rate

RBI Governor Discusses Future Of Digital Payment Merchant Discount Rate

Rediff.com5 Aug 2026

RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.

AI And E-Commerce To Drive India's Consumer Economy To $1.9 Trillion By 2030

AI And E-Commerce To Drive India's Consumer Economy To $1.9 Trillion By 2030

Rediff.com4 Aug 2026

A joint report by Deloitte India and FICCI projects India's consumer economy to reach USD 1.9 trillion by 2030. This growth will be fuelled by rapid AI adoption, evolving consumer preferences, and new commerce models like e-commerce and quick commerce. India leads in AI adoption among top countries, with businesses leveraging it for engagement, innovation, and forecasting. The report also highlights the emergence of a new Indian consumer seeking convenience and transparency, and identifies key trends shaping FMCG, retail, and e-commerce sectors.

Jamshedpur FC Players' Emotional Appeal To Tata Group To Reconsider Club Closure

Jamshedpur FC Players' Emotional Appeal To Tata Group To Reconsider Club Closure

Rediff.com2 Aug 2026

Jamshedpur FC players have released an emotional video appealing to owners Tata Group to reverse their decision to shut down the Indian Super League club.

Nasscom Urges Focus On Deep Engineering Skills Amid AI Adoption

Nasscom Urges Focus On Deep Engineering Skills Amid AI Adoption

Rediff.com14 Jul 2026

Nasscom has warned that India's technology workforce risks becoming merely AI-reliant rather than truly AI-native if deep engineering expertise is not preserved. The industry body highlights that while many professionals adopt AI, only a fraction are AI-native, necessitating a shift in academic and industry approaches to foster foundational skills and independent problem-solving.

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com3 Aug 2026

'At the end of the day, it is just another technology produced by the human mind.'

IIT Indore Pioneers Rapid Waste-To-Chemical Conversion

IIT Indore Pioneers Rapid Waste-To-Chemical Conversion

Rediff.com28 Jul 2026

Researchers at IIT Indore have developed a groundbreaking method to convert carbon dioxide and glycerol, two common waste materials, into valuable green chemicals like lactic acid and formic acid in just seven minutes. This low-energy process uses a specially designed ruthenium-based catalyst and microwave heating, offering a sustainable solution for waste management and green manufacturing.

Auto Retail Sales Jump 26% in July, Alternative Fuels Closing on Petrol Share

Auto Retail Sales Jump 26% in July, Alternative Fuels Closing on Petrol Share

Rediff.com6 Aug 2026

Total automobile retail sales in India surged by 25.89 per cent year-on-year to 25,91,138 units in July, driven by GST rationalisation, ease of retail finance, and favourable festival timing, according to the Federation of Automobile Dealers Associations (FADA). This marks the first time all vehicle categories recorded their best-ever July sales.

Haryana CM Discusses AI, Digital Governance With World Bank

Haryana CM Discusses AI, Digital Governance With World Bank

Rediff.com5 Aug 2026

Haryana Chief Minister Nayab Singh Saini met with a World Bank delegation to discuss advancing Artificial Intelligence, digital governance, and skill development in the state. The discussions focused on leveraging technology to enhance citizen services, with plans to showcase Haryana's AI Sandbox globally and develop a dedicated AI model for the state.

4 bills introduced in Lok Sabha amid opposition protests

4 bills introduced in Lok Sabha amid opposition protests

Rediff.com10 Aug 2026

The Lok Sabha introduced four significant bills on Monday, including amendments to mines and minerals regulations, the establishment of a National Tribunals Commission, and the renaming of Kerala to Keralam, all while facing continuous protests from opposition members demanding a discussion on the July 20 police crackdown on students.

Handwoven heritage takes centre stage at President Murmu's I-Day reception

Handwoven heritage takes centre stage at President Murmu's I-Day reception

Rediff.com5 Aug 2026

Guests at President Droupadi Murmu's Independence Day 'At Home' reception will be welcomed with handwoven Maheshwari stoles, celebrating the vibrant art traditions of Chhattisgarh, Goa, Madhya Pradesh, and Maharashtra, alongside an invitation package highlighting sustainable environmental practices.

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

Rediff.com22 Jul 2026

TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.

6,562 EV Chargers Approved, None Installed Yet

6,562 EV Chargers Approved, None Installed Yet

Rediff.com5 Aug 2026

While charger deployment is yet to begin, the scheme has supported the sale of 2.65 million EVs as of July 22.

Consumer forum lifts liquor seller's spirits, tells insurer to pay Rs 1.2 cr

Consumer forum lifts liquor seller's spirits, tells insurer to pay Rs 1.2 cr

Rediff.com4 Aug 2026

A consumer disputes commission in Mumbai has directed National Insurance Company Ltd to pay a liquor wholesaler over 1.2 crore for stock ruined during the 2017 Mumbai floods, deeming the claim rejection 'arbitrary and unreasonable'.

Sensex, Nifty dip as new closing auction session introduces volatility

Sensex, Nifty dip as new closing auction session introduces volatility

Rediff.com4 Aug 2026

Indian benchmark indices Sensex and Nifty ended a four-day rally, closing lower on Tuesday following the introduction of a new Closing Auction Session (CAS) for F&O stocks, which has added a layer of volatility and led to an early adjustment in market structure.

'Why Have The Number Of Jobs Created Fallen?'

'Why Have The Number Of Jobs Created Fallen?'

Rediff.com27 Jul 2026

'We have to pull 80 million workers out of agriculture and go back to where we were in 2014. That itself is going to be a huge task.' 'We have already lost time, and that is a catastrophe impending.''

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com23 Jul 2026

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Rediff.com4 Aug 2026

Construction of the approved reactor projects is expected to take five to six years after receiving financial approval.