News for 'IT Industry'

Revolutionary Morphing Skin Enhances Aircraft Safety And Fuel Efficiency

Revolutionary Morphing Skin Enhances Aircraft Safety And Fuel Efficiency

Rediff.com13 Sep 2026

Researchers at the Indian Institute of Technology Madras (IIT,M) have developed a novel "morphing skin" concept for aircraft wings, inspired by bird flight. This adaptive external skin dynamically reshapes in real time to prevent aerodynamic stalls, enhance lift, reduce drag, and significantly improve aircraft safety and fuel efficiency. The technology holds promise for commercial aviation, unmanned aerial vehicles, and defence applications.

NBFCs see significant gold loan growth, outpacing banks

NBFCs see significant gold loan growth, outpacing banks

Rediff.com8 Sep 2026

Non-banking financial companies (NBFCs) experienced a significant 68.5 per cent year-on-year growth in gold-backed credit in July 2026, while banks saw their gold loan growth moderate to 88.1 per cent from 136.4 per cent a year prior, according to RBI data.

Longer life for clean-fuel vehicles may improve ownership costs

Longer life for clean-fuel vehicles may improve ownership costs

Rediff.com4 Sep 2026

The Indian government's proposal to extend the operating life of certain battery-electric, CNG, and hydrogen vehicles under national permits by five years could significantly improve their total cost of ownership (TCO) and residual values, according to industry experts.

West Bengal Launches Quantum And Semiconductor Tech Section To Attract Investments

West Bengal Launches Quantum And Semiconductor Tech Section To Attract Investments

Rediff.com14 Sep 2026

West Bengal has launched an Emerging Quantum and Semiconductor Technologies (EQST) section at CSIR-CGCRI to attract investments and position the state as a hub for next-generation technology. Minister Kalyan Chakraborti highlighted India's need to invest in these crucial sectors and outlined the state's plans to collaborate with institutions and leverage budget initiatives to foster research and start-ups.

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.

Tirumala Tirupati temple to insure devotees for Rs 2 lakh

Tirumala Tirupati temple to insure devotees for Rs 2 lakh

Rediff.com16 Sep 2026

Andhra Pradesh Chief Minister N Chandrababu Naidu announced several new initiatives for Tirumala Tirupati Devasthanams (TTD), including Aadhaar-based devotee insurance for Rs 2 lakh, the establishment of an SV Museum by TCS Trust, and the introduction of electric buses donated by Reliance Foundation and Bharat Biotech. The plans also include global expansion of Srivari temples, improved Annadanam, integrated hospital services, and significant infrastructure development in Tirupati to make it a services and wedding destination with a Net Zero concept.

Private Sector Capex Rises 7% in FY25, Govt Spending Slows

Private Sector Capex Rises 7% in FY25, Govt Spending Slows

Rediff.com15 Sep 2026

Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.

New Bengal Industries Minister Tapas Roy Vows To Bring Back Tatas

New Bengal Industries Minister Tapas Roy Vows To Bring Back Tatas

Rediff.com10 Jun 2026

Newly appointed Bengal Industries Minister Tapas Roy has announced ambitious plans to attract significant investments, particularly from the Tata Group, to revive industrial growth in West Bengal. He aims to restore investor confidence, bring back businesses that left the state, and create an industry-friendly environment focused on manufacturing, services, and renewable energy.

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Rediff.com4 Sep 2026

India is set to launch Bharat Vecto, its first certification tool for assessing the fuel efficiency and CO2 emissions of medium and heavy commercial vehicles, by December, with a full launch targeted for the Bharat Mobility Global Expo in February 2027.

Axis Bank CEO cautions 'abnormal lending' from FCNR(B) inflows, hints at rate hike

Axis Bank CEO cautions 'abnormal lending' from FCNR(B) inflows, hints at rate hike

Rediff.com10 Sep 2026

Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.

'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.'

Vijay drops cases against farmers, teachers booked for protests

Vijay drops cases against farmers, teachers booked for protests

Rediff.com2 Sep 2026

Tamil Nadu Chief Minister C Joseph Vijay announced the withdrawal of police cases against farmers who protested against the Parandur airport and SIPCOT projects, and against teachers who protested for their rights. The decision, made on humanitarian and democratic grounds, aims to strengthen democratic rights and public trust in the government.

Samsung India begins job cuts; trims workforce at senior level

Samsung India begins job cuts; trims workforce at senior level

Rediff.com8 Sep 2026

Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

Rediff.com15 Sep 2026

The Supreme Court has given actor Rajpal Yadav a final two-week opportunity to present a concrete proposal for repaying an outstanding amount to a private firm, directing him to deposit Rs 2 crore with the apex court registry. This comes after a series of cheque bounce cases, with the Delhi High Court previously upholding his conviction and sentencing him to three months' imprisonment. The court noted Yadav's past conduct did not inspire confidence but granted a last chance.

AIIMS Jammu set to become India's first hospital to get CISF cover

AIIMS Jammu set to become India's first hospital to get CISF cover

Rediff.com6 Sep 2026

AIIMS Jammu is poised to become the first hospital in India to receive armed security from the Central Industrial Security Force (CISF) due to its strategic location near the India-Pakistan international border. This move marks a significant shift in security policy for healthcare facilities, which the Ministry of Home Affairs had previously resisted. The CISF is also slated for deployment at Kolkata Metro and Donyi Polo Airport.

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.

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.

Rentomojo IPO subscribed 73 times, Karamtara 62.6 times; 4 others also fully subscribed

Rentomojo IPO subscribed 73 times, Karamtara 62.6 times; 4 others also fully subscribed

Rediff.com11 Sep 2026

Six initial public offerings, including Rentomojo Ltd and Karamtara Engineering, were fully subscribed on their final day of bidding, with Rentomojo's IPO subscribed 72.88 times and Karamtara's 62.63 times, reflecting robust investor appetite in the primary market.

All about UPI charges: Will merchants pass on MDR to customers?

All about UPI charges: Will merchants pass on MDR to customers?

Rediff.com16 Sep 2026

The Indian government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on UPI payments exceeding Rs 2,000 made to merchants, effective from October 15, with a comprehensive framework set to take full effect by October 15, 2026. This policy aims to regulate transaction fees while protecting small merchants and person-to-person transactions.

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Rediff.com4 Sep 2026

Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.

ISRO, IN-SPACe Face Rocket Transfer Row

ISRO, IN-SPACe Face Rocket Transfer Row

Rediff.com8 Sep 2026

There is no answer to the question of how IN-SPACe invited EOIs for ISRO's mature rockets and whether it was based on any government policy decision.

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

Rediff.com11 Jun 2026

Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.

Putin to reach India on Friday to attend key BRICS Summit

Putin to reach India on Friday to attend key BRICS Summit

Rediff.com11 Sep 2026

Russian President Vladimir Putin is set to visit India for a three-day trip to attend the 18th BRICS Summit and engage in bilateral discussions with Prime Minister Narendra Modi. The summit will focus on strengthening strategic partnerships and addressing international issues, with Putin also scheduled to meet other world leaders.

10 IPO Checks Before You Invest

10 IPO Checks Before You Invest

Rediff.com17 Sep 2026

Dig into the prospectus. Use the prospectus to understand the business and its risks.

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.'

LIC Scholarship Class 10, Class 12 Students: Get Upto Rs 50,000

LIC Scholarship Class 10, Class 12 Students: Get Upto Rs 50,000

Rediff.com10 Sep 2026

The LIC Golden Jubilee Scholarship Scheme is offered by the LIC Golden Jubilee Foundation aims to support meritorious students from economically weaker sections by providing financial assistance for higher education and improving their future employment opportunities.

'Kareena Performs From The Gut'

'Kareena Performs From The Gut'

Rediff.com17 Sep 2026

'Kareena is completely instinctive.'

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.

How AI Is Reshaping Enterprise Data Strategy Globally

How AI Is Reshaping Enterprise Data Strategy Globally

Rediff.com12 Sep 2026

A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.

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.

Enemies Beware! India Widens Missile Testing Infrastructure

Enemies Beware! India Widens Missile Testing Infrastructure

Rediff.com14 Sep 2026

Specialised range taking shape in Andhra Pradesh, while West Bengal clears way for DRDO's new testing facility.

Arundhati Bhattacharya: 'Nothing Was Guaranteed, Nothing Was Given'

Arundhati Bhattacharya: 'Nothing Was Guaranteed, Nothing Was Given'

Rediff.com15 Sep 2026

'Giving up is very easy. But don't give up. Try out whatever you can. Something will happen.'

BMW India CEO: Remove EV Road Tax Caps to Boost Adoption

BMW India CEO: Remove EV Road Tax Caps to Boost Adoption

Rediff.com13 Sep 2026

Hardeep Singh Brar, President and CEO of BMW Group India, has urged state governments like Delhi to remove price caps on road tax benefits for electric vehicles (EVs), arguing that such limits deter luxury-car buyers and hinder the transition to cleaner mobility in pollution-affected regions.

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.

How UPI Rewired India's Money Story

How UPI Rewired India's Money Story

Rediff.com17 Sep 2026

Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.

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.

TRAI Chairman Anil Kumar Lahoti Emphasises Safeguards For AI In Telecom Networks

TRAI Chairman Anil Kumar Lahoti Emphasises Safeguards For AI In Telecom Networks

Rediff.com14 Sep 2026

TRAI Chairman Anil Kumar Lahoti has called for robust safeguards, human oversight, and intervention capabilities as Artificial Intelligence becomes increasingly integrated into telecom networks. While acknowledging AI's potential to transform network management and threat detection, Lahoti stressed the need for responsible AI deployment, risk assessments, and clear accountability to ensure consumer trust and prevent misuse, especially in combating online fraud.

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.

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.

Why Everyone Was Looking At Mouni...

Why Everyone Was Looking At Mouni...

Rediff.com31 Aug 2026

When does Mouni Roy not look stunning?