News for 'IT Industry'

Geopolitical tensions, inflation data to dictate gold and silver prices

Geopolitical tensions, inflation data to dictate gold and silver prices

Rediff.com13 Jul 2026

Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

Rediff.com13 Jul 2026

BikeWo Green Tech and Kwik Flite Support have signed an initial pact to develop an integrated air cargo, aviation logistics, and multimodal freight platform. This collaboration aims to combine road mobility with aviation capabilities to serve various industries, focusing on high-value and time-sensitive logistics across India, including Tier-II and Tier-III cities.

How Mahindra Group Is Embracing AI For Global Leadership

How Mahindra Group Is Embracing AI For Global Leadership

Rediff.com6 Jul 2026

Mahindra Group CEO Anish Shah emphasizes the critical role of Artificial Intelligence, advocating for its meaningful integration at scale across all aspects of the company. He highlights that AI is redefining industries and decision-making, urging a proactive approach to leverage its potential. Shah also addresses global uncertainties, stating the group's commitment to accelerate amidst challenges and aim for global leadership.

Indian Athletes To Wear Sustainable Jute-Viscose Apparel At Commonwealth Games 2026

Indian Athletes To Wear Sustainable Jute-Viscose Apparel At Commonwealth Games 2026

Rediff.com7 Jul 2026

The National Jute Board has developed a jute-viscose blended apparel for Indian athletes participating in the Commonwealth Games 2026 in Glasgow, marking the first time jute-based attire will be featured at an international multi-sport event, promoting sustainable textiles and India's jute industry.

India's Top 100 Brands Hit $253 Billion

India's Top 100 Brands Hit $253 Billion

Rediff.com15 Jul 2026

LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.

Govt bars telecom infra firms from overseas data transfer

Govt bars telecom infra firms from overseas data transfer

Rediff.com24 Jul 2026

India's government has implemented stringent new regulations under the Telecommunications Act 2023, mandating that all communication infrastructure providers, including those utilising cloud-based networks, must store telecommunication data exclusively within the country, a move expected to significantly impact domestic data centre demand.

US, Japan Hold Key Patents In Rare Earth Tech, Study Finds

US, Japan Hold Key Patents In Rare Earth Tech, Study Finds

Rediff.com5 Jul 2026

A new study reveals that despite China's significant control over global rare earth mining and processing, its dominance has a critical weakness: the US and Japan hold the majority of core patents for advanced rare earth functional material technologies. This technological gap means China lags in higher-value applications, impacting its strategic advantage in the industry.

US slap 10% tariff on India over 'forced labour'

US slap 10% tariff on India over 'forced labour'

Rediff.com24 Jul 2026

The United States has implemented a 10 per cent tariff on goods imported from India and 16 other countries, citing efforts to combat forced labour in production.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

Stock Markets Today: Sensex, Nifty Gain on IT Stocks' Rally

Stock Markets Today: Sensex, Nifty Gain on IT Stocks' Rally

Rediff.com17 Jul 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, primarily driven by strong buying in IT stocks after Tech Mahindra reported a significant 28.4 per cent rise in its consolidated net profit for the June quarter.

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

Rediff.com22 Jul 2026

The Biotechnology Industry Research Assistance Council (BIRAC) has chosen seven to eight biotechnology startups as the initial group to receive funding from the government's ~1 trillion Research, Development and Innovation (RDI) Fund, with an average investment of approximately ~25 crore per startup.

'Aditya Chopra Is The Best Brother-In-Law Anyone Could Ask For'

'Aditya Chopra Is The Best Brother-In-Law Anyone Could Ask For'

Rediff.com31 Jul 2026

'It's very easy for people to say, 'She got work because of her connections. What they don't see is the number of rejections I went through. Even if someone helps you get your first opportunity, you can't sustain a career unless you know your craft. I wanted people to hire me because they believed in my work, not because I was related to someone.'

Will get back to you, says govt as CJP insists on Pradhan's resignation

Will get back to you, says govt as CJP insists on Pradhan's resignation

Rediff.com25 Jul 2026

Amidst escalating protests over the NEET paper leak, the Cockroach Janta Party (CJP) has declared Education Minister Dharmendra Pradhan's resignation 'non-negotiable' and is also demanding 1 crore compensation for families affected by suicides linked to the exam cancellation.

Kusumgar IPO Over-Subscribed 13 Times on Day 2, Strong Retail & NII Demand

Kusumgar IPO Over-Subscribed 13 Times on Day 2, Strong Retail & NII Demand

Rediff.com9 Jul 2026

The initial public offering (IPO) of engineered fabric manufacturer Kusumgar Ltd was subscribed 13.13 times on the second day of bidding, driven by strong interest from non-institutional and retail investors.

Yami Gautam: 'National Award Is A Dream I Have Carried In My Heart For Years'

Yami Gautam: 'National Award Is A Dream I Have Carried In My Heart For Years'

Rediff.com20 Jul 2026

Kartik Aaryan, Yami Gautam, Sanjay Mishra, and Tushar Hiranandani express their overwhelming emotions and gratitude after winning prestigious National Film Awards for their work in 'Chandu Champion', 'Article 370', 'Bhakshak', and 'Srikanth' respectively.

EV sales in India hit record high, with 63% YoY increase in June

EV sales in India hit record high, with 63% YoY increase in June

Rediff.com8 Jul 2026

India's electric vehicle market achieved a significant milestone in June 2026, accounting for over 12% of total vehicle retail sales for the first time. This growth, driven by strong demand across electric two-wheelers, passenger vehicles, and commercial vehicles, saw overall EV retail sales surge by 63% year-on-year to a record 306,220 units, indicating a mainstream shift in mobility.

SC to revisit BrahMos espionage case acquittal on UP police appeal

SC to revisit BrahMos espionage case acquittal on UP police appeal

Rediff.com21 Jul 2026

The Supreme Court has agreed to hear a plea from Uttar Pradesh police challenging a Bombay High Court ruling that absolved BrahMos Aerospace engineer Nishant Agarwal of major espionage charges under the Official Secrets Act. Agarwal was previously sentenced to life imprisonment by a Nagpur district court for spying for Pakistan's ISI, despite the High Court finding he only illegally stored sensitive data.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

Centre Extends N Kalaiselvi's Tenure As CSIR Director General

Centre Extends N Kalaiselvi's Tenure As CSIR Director General

Rediff.com1 Jul 2026

N Kalaiselvi, the first woman Director General of the Council of Scientific and Industrial Research (CSIR), has received an extension to her tenure until February 2027. Known for her pioneering work in lithium-ion batteries, Kalaiselvi's extended leadership marks a significant milestone for women in Indian science.

Brokerages predict robust Q1 FY27 for RIL, driven by O2C, retail, and Jio

Brokerages predict robust Q1 FY27 for RIL, driven by O2C, retail, and Jio

Rediff.com17 Jul 2026

Brokerages are forecasting a strong first quarter (April-June/Q1) for Reliance Industries Ltd (RIL) in FY2026-27, with double-digit revenue growth, Ebitda increases of around 12 per cent, and net profit rising up to 10 per cent, primarily driven by its oil-to-chemicals (O2C), retail, and Jio businesses.

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Rediff.com10 Jul 2026

Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.

Karnataka announces India's first govt-driven AI university

Karnataka announces India's first govt-driven AI university

Rediff.com14 Jul 2026

Karnataka Chief Minister D K Shivakumar announced the establishment of India's first government-driven Artificial Intelligence University and an AI Hub in Bengaluru. This initiative aims to position Karnataka as a global leader in responsible AI innovation, fostering talent, research, and collaboration. The state seeks to become an AI-native state, leveraging AI to improve governance and daily life across various sectors.

Stock markets today: Sensex, Nifty down on renewed US-Iran tensions, crude spike

Stock markets today: Sensex, Nifty down on renewed US-Iran tensions, crude spike

Rediff.com8 Jul 2026

Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, driven by renewed tensions between the US and Iran and a subsequent spike in global crude oil prices, creating uncertainty in the market. Track Sensex, Nifty on July 8.

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Rediff.com22 Jul 2026

The FIFA World Cup final between Spain and Argentina garnered nearly 63 million viewers in the United States, setting new viewership records and highlighting football's increasing popularity in the country.

Commonwealth Games 2026 Kick Off In Glasgow With Focus On Environment

Commonwealth Games 2026 Kick Off In Glasgow With Focus On Environment

Rediff.com24 Jul 2026

The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony blending Scottish heritage and a strong message of sustainability. King Charles III declared the Games open, highlighting efforts to combat plastic pollution. The event featured a unique indoor setting, an early athletes' parade including the Indian contingent, and diverse musical and cultural performances, setting a new precedent for the multi-sport event.

25 Year Old Building India's Spaceplane

25 Year Old Building India's Spaceplane

Rediff.com13 Jul 2026

'ISRO is planning to build a Bharatiya Antariksh Station by 2030. So, our goal is to create a vehicle that can supply modules to the Bharatiya Antariksh Station and bring the products back.'

US de-lists 4 Indian companies sanctioned over Russia links

US de-lists 4 Indian companies sanctioned over Russia links

Rediff.com1 Jul 2026

The United States has removed four Indian companies from its sanctions list, which had been accused of supplying advanced technology and equipment to Russia's military-industrial complex. The de-listed firms include RRG Engineering Technologies, Lokesh Machines, Galaxy Bearings, and Shaurya Aeronautics, previously sanctioned for exporting dual-use items to Russian entities.

Dinesh Hingoo: 'Johnny Lever Considers Me His Mentor'

Dinesh Hingoo: 'Johnny Lever Considers Me His Mentor'

Rediff.com21 Jul 2026

'I was very close to Kader Khan. Whenever he wrote dialogues and scenes, he would often write my name next to certain roles. He would personally recommend me to directors. Such was his stature that directors would immediately pay attention to his suggestions.'

Commonwealth Games Kick Off With Focus On Sustainability

Commonwealth Games Kick Off With Focus On Sustainability

Rediff.com24 Jul 2026

The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony at the OVO Hydro, blending Scottish heritage with modern performances. King Charles III declared the Games open, emphasising a message of sustainability, particularly regarding plastic pollution in oceans. The event showcased a new, more compact model for the Games, focusing on existing venues and integrated Para sports, following Glasgow's role as a step-in host.

Gold loans, commercial realty fuel NBFC credit surge in May

Gold loans, commercial realty fuel NBFC credit surge in May

Rediff.com8 Jul 2026

Non-banking financial companies (NBFCs) in India saw their overall credit growth accelerate to 14.2 per cent year-on-year in May, primarily driven by significant increases in loans against gold jewellery and commercial real estate, according to recent Reserve Bank of India (RBI) data.

US senators name India in sweeping Russia sanctions bill

US senators name India in sweeping Russia sanctions bill

Rediff.com15 Jul 2026

A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.

Stock Markets Today: Sensex, Nifty Rebound in Early Trade Amid FII Inflows, Blue-Chip Buying

Stock Markets Today: Sensex, Nifty Rebound in Early Trade Amid FII Inflows, Blue-Chip Buying

Rediff.com9 Jul 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade on Thursday, recovering from a sharp fall in the previous session, driven by foreign fund inflows and buying in key blue-chip stocks. Track Sensex, Nifty on July 9, 2026.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

Manufacturing Boosts India's Industrial Production to 5.2% in February

Manufacturing Boosts India's Industrial Production to 5.2% in February

Rediff.com30 Mar 2026

India's industrial production saw a 5.2 per cent increase in February, primarily fuelled by a significant improvement in the manufacturing sector, with 14 out of 23 industry groups recording positive growth.

Government Puts Airline Seat Rule on Hold After Industry Pushback

Government Puts Airline Seat Rule on Hold After Industry Pushback

Rediff.com4 Apr 2026

The government has suspended its directive requiring airlines to offer at least 60% of seats on flights without additional charges, following industry concerns about the impact on fares and pricing structures.

Ford India's new Coimbatore hub to drive data science, enhance global resilience

Ford India's new Coimbatore hub to drive data science, enhance global resilience

Rediff.com9 Jul 2026

Ford Business Solutions (FBS) India, the global capability centre for Ford Motor Company, has inaugurated a new office in Coimbatore, its third location in India. This expansion is a strategic move to strengthen the resilience of Ford's global operations, with nearly 50 per cent of its future growth in India expected to be in technology, data science, and data analytics.

Aamir Khan brand ambassador of love jihad: Sena minister on actor's 3rd marriage

Aamir Khan brand ambassador of love jihad: Sena minister on actor's 3rd marriage

Rediff.com13 Jul 2026

Maharashtra ministers have ignited a fresh controversy by linking Bollywood superstar Aamir Khan's third marriage to the contentious concept of "love jihad".

Why China's Bangladesh Push Should Worry India

Why China's Bangladesh Push Should Worry India

Rediff.com30 Jun 2026

Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.

Foreign Universities Hire Indian Faculty

Foreign Universities Hire Indian Faculty

Rediff.com8 Jul 2026

Faculty recruitment is conducted directly by universities using global hiring standards while complying with Indian regulations.