News for 'IT Services Revenues'

Did Michael Show The Whole Truth?

Did Michael Show The Whole Truth?

Rediff.com6 Jun 2026

The Michael Jackson biopic Michael has achieved remarkable box office success, grossing over $700 million worldwide, yet it sparks debate over the power of fandom versus the need for a truthful depiction of an artist's controversial life.

Big verdict: No RTI for BCCI, rules CIC

Big verdict: No RTI for BCCI, rules CIC

Rediff.com18 May 2026

The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.

HCL Technologies Shares in Focus After Q4 Miss; Analysts Flag Weak FY27 Outlook

HCL Technologies Shares in Focus After Q4 Miss; Analysts Flag Weak FY27 Outlook

Rediff.com22 Apr 2026

HCL Technologies remains under pressure after missing Q4 expectations and issuing cautious FY27 guidance. Analysts highlight weak margins, soft demand, and muted growth outlook.

GST Returns May Lose Edit Option

GST Returns May Lose Edit Option

Rediff.com22 May 2026

Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.

Wipro Q4 profit falls 1.8% to Rs 3,502 crore

Wipro Q4 profit falls 1.8% to Rs 3,502 crore

Rediff.com16 Apr 2026

IT major Wipro reported a consolidated net profit of Rs 3,501.8 crore for March quarter FY26, a 1.89 per cent decrease from the previous year, amidst a challenging macroeconomic environment. The company also announced a mega Rs 15,000 crore share repurchase programme.

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com14 May 2026

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

SC orders eviction plan for 118 govt servants encroaching on TN's Agasthyamalai

SC orders eviction plan for 118 govt servants encroaching on TN's Agasthyamalai

Rediff.com2 Jun 2026

The Supreme Court has directed the preparation and implementation of a time-bound eviction plan to address encroachments within the protected areas of the Agasthyamalai ecological landscape in Tamil Nadu, also ordering action against government servants involved.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Rediff.com24 Apr 2026

Infosys' board has approved annual performance-based stock grants worth Rs 51.75 crore for Chief Executive Officer and Managing Director Salil Parekh, aligning with his tenure ending in March 2027.

IRS officer's daughter rape-murder case: Shocking autopsy details emerge

IRS officer's daughter rape-murder case: Shocking autopsy details emerge

Rediff.com23 Apr 2026

The post-mortem report of a senior IRS officer's daughter, who was murdered in her Delhi residence, reveals strangulation as the cause of death, along with multiple injuries indicating a struggle and assault. A former domestic help has been arrested in connection with the crime.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

Sunil Mittal plans Bharti Telecom to regain 51% Airtel stake, eyes succession in a decade

Sunil Mittal plans Bharti Telecom to regain 51% Airtel stake, eyes succession in a decade

Rediff.com14 May 2026

Telecom czar Sunil Bharti Mittal plans to hand over the reins of Bharti Airtel to his children in the next decade and desires that promoter firm Bharti Telecom regains over 50 per cent stake in the company.

SC calls for rational airfares, asks Centre to provide relief to flyers

SC calls for rational airfares, asks Centre to provide relief to flyers

Rediff.com15 May 2026

The Supreme Court has directed the Centre to rationalise airfares and provide relief to flyers, highlighting discrepancies in pricing for the same routes and airlines. The court is addressing a plea seeking a robust regulator to ensure transparency and passenger protection in the civil aviation sector.

Thane Man Dupes Woman Out of 12,500 with False IIT Admission Scheme

Thane Man Dupes Woman Out of 12,500 with False IIT Admission Scheme

Rediff.com15 Apr 2026

A man in Thane has been accused of defrauding a woman of 12.5 lakh by posing as a government official and falsely promising her son's admission to IIT Bombay.

Matter Motor CEO on the Future of AI in Electric Vehicles

Matter Motor CEO on the Future of AI in Electric Vehicles

Rediff.com23 Mar 2026

Matter Motor's CEO discusses the increasing role of data and intelligent systems in the automotive industry, highlighting the shift towards software-defined mobility and AI-defined vehicles.

India-US trade deal brings glimmer of hope for beleaguered IT services players

India-US trade deal brings glimmer of hope for beleaguered IT services players

Rediff.com11 Feb 2026

The India-US trade deal has offered a much-needed breather for the Indian information technology (IT) industry, which has been grappling with global macroeconomic uncertainty and subdued client spending over the past few years.

UK health minister quits, may challenger Starmer for PM

UK health minister quits, may challenger Starmer for PM

Rediff.com14 May 2026

UK Health Secretary Wes Streeting resigned from the Cabinet, citing a loss of confidence in Prime Minister Keir Starmer's leadership, potentially triggering a Labour leadership contest.

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Rediff.com6 Apr 2026

Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

Rediff.com17 Dec 2025

The country's largest IT services firm Tata Consultancy Services on Wednesday outlined an aggressive plan to become the "world's largest AI-led technology services company" as CEO K Krithivasan shared that the company has logged about $1.5 billion in annualised revenue.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Rediff.com20 May 2026

Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

I commited a crime, made a mistake, says Delhi murder accused

I commited a crime, made a mistake, says Delhi murder accused

Rediff.com23 Apr 2026

A Delhi court has remanded Rahul Meena, accused of murdering the daughter of a senior IRS officer, to four days of police custody. The accused admitted to committing a crime and a mistake, claiming he needed the deceased's fingerprints to open a locker.

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

Rediff.com10 Apr 2026

Tata Consultancy Services (TCS) announced a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, alongside a 9.64 per cent rise in revenue from operations.

War, Rain Dampen Q4 Consumer Durables Sales, Especially ACs

War, Rain Dampen Q4 Consumer Durables Sales, Especially ACs

Rediff.com20 Apr 2026

Increased input costs due to geopolitical conflict in West Asia and unseasonal rain in March negatively impacted volumes of consumer durables makers, particularly air conditioners, in Q4FY26, leading to projected declines in EBITDA and APAT despite revenue growth.

Daughter Of IRS Officer Murdered In South Delhi Residence

Daughter Of IRS Officer Murdered In South Delhi Residence

Rediff.com22 Apr 2026

The daughter of a senior IRS officer was found murdered in her southeast Delhi residence. Police suspect sexual assault and are investigating a former domestic help who is absconding.

Inside Vijay's Cabinet: A Blend of Youth and Veterans

Inside Vijay's Cabinet: A Blend of Youth and Veterans

Rediff.com10 May 2026

A look at the profiles of the ministers in the new Tamil Nadu government led by Joseph C Vijay of the Tamilaga Vettri Kazhagam (TVK).

Friday the 13th caps a week of AI-sparked horror in IT stocks

Friday the 13th caps a week of AI-sparked horror in IT stocks

Rediff.com14 Feb 2026

The selloff in domestic information technology stocks intensified on Friday, with the Nifty IT index sliding as much as 5.2 per cent during the session before paring losses to close 1.44 per cent lower.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com18 May 2026

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

GST collections rise 9% to over Rs 2 lakh cr in March, third highest in FY26

GST collections rise 9% to over Rs 2 lakh cr in March, third highest in FY26

Rediff.com1 Apr 2026

India's GST revenues experienced significant growth in March, reaching pre-tax cut levels, driven by increased imports and domestic sales. The report analyses the impact of tax rate changes and provides insights into future trends and economic stability.

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Rediff.com7 Apr 2026

Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.

How Air India Is Using AI To Transform Operations

How Air India Is Using AI To Transform Operations

Rediff.com26 Apr 2026

Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.

Iranian supertanker bypasses US Navy blockade

Iranian supertanker bypasses US Navy blockade

Rediff.com3 May 2026

An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.

Analysts pick HDFC AMC, CAMS, KFin as top bets as MF growth accelerates

Analysts pick HDFC AMC, CAMS, KFin as top bets as MF growth accelerates

Rediff.com17 Apr 2026

Analysts are increasingly optimistic about India's capital markets, with HDFC AMC, CAMS, and KFin Technologies identified as top investment picks. This optimism stems from a structural shift in household savings towards financial instruments and an expected multi-year earnings expansion for market infrastructure providers and asset management companies.

Hospital Stocks Poised for Strong Growth Despite West Asia War Worries

Hospital Stocks Poised for Strong Growth Despite West Asia War Worries

Rediff.com14 Apr 2026

Despite initial pressure from the West Asia conflict, analysts are optimistic about the Indian hospital sector's outlook, citing strong demand drivers and ongoing expansion plans that are expected to fuel significant revenue growth over the next few years.

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Rediff.com14 Apr 2026

The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

Rediff.com3 Jun 2026

Sacred spots and soaring peaks: Bucket-listing across the heartland. Roopa Unnikrishnan and her father journey through the heart of India.

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Rediff.com14 May 2026

Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Rediff.com27 Apr 2026

Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Rediff.com24 Apr 2026

Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.