News for 'IT Services Revenues'

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com20 May 2026

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

Kerala Verdict: Left's Worst Defeat

Kerala Verdict: Left's Worst Defeat

Rediff.com5 May 2026

'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'

Swadeshi Jagran Manch Urges End to Moratorium on Digital Product Tariffs

Swadeshi Jagran Manch Urges End to Moratorium on Digital Product Tariffs

Rediff.com20 Mar 2026

The Swadeshi Jagran Manch (SJM) is advocating for the termination of the moratorium on customs duties for electronically transmitted digital products, arguing that it hinders self-reliance, causes revenue losses, and restricts India's ability to tax emerging technologies like AI.

Bajaj Auto gears up for festival season with new Pulsar models

Bajaj Auto gears up for festival season with new Pulsar models

Rediff.com8 May 2026

Bajaj Auto is set to launch new Pulsar motorcycles in the 125cc and 150-250cc segments in Q2 FY27, aiming to capitalise on the upcoming festival season surge. This move follows strong growth in the 150cc-plus segment, where refreshed Pulsar models already account for over 50 per cent of Bajaj's sales.

Gang Busted For Rs 1.3 Crore GST Fraud Using Mudra Loan Scheme

Gang Busted For Rs 1.3 Crore GST Fraud Using Mudra Loan Scheme

Rediff.com22 Apr 2026

Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

Rediff.com11 May 2026

West Bengal's new government, led by Chief Minister Suvendu Adhikari, has approved several key policy changes, including the implementation of the Ayushman Bharat health scheme, land transfer for border fencing, and the adoption of new criminal laws.

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to withdraw her money, sparking widespread condemnation. The bank claims it only requested valid documents, but the incident has raised questions about the treatment of vulnerable customers.

Kerala Government Accused Of Deceiving Public Over Landslide Township

Kerala Government Accused Of Deceiving Public Over Landslide Township

Rediff.com19 Apr 2026

Kerala's Leader of Opposition, V D Satheesan, has accused the state government of inaugurating a township for 2024 landslide victims in Wayanad to mislead the public, citing issues with the construction and timing of the inauguration.

Geopolitical tensions, Iran war impact hotel stocks; analysts cut profit expectations

Geopolitical tensions, Iran war impact hotel stocks; analysts cut profit expectations

Rediff.com14 Apr 2026

Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Rediff.com11 May 2026

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

Rediff.com11 May 2026

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

Why CBI Officers Were Convicted In Two-Decade-Old Case

Why CBI Officers Were Convicted In Two-Decade-Old Case

Rediff.com18 Apr 2026

A Delhi court has convicted two CBI officers for assaulting and trespassing into the residence of an Indian Revenue Service officer during a raid over two decades ago.

TCS slows its dividend tap to fuel AI run

TCS slows its dividend tap to fuel AI run

Rediff.com24 Apr 2026

Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.

TCS made 25,000 fresher offers for FY27; future hiring depends on demand

TCS made 25,000 fresher offers for FY27; future hiring depends on demand

Rediff.com12 Apr 2026

Tata Consultancy Services (TCS) has extended 25,000 offers to freshers for the current fiscal year (FY27), with future hiring decisions contingent on the demand scenario, according to CEO K Krithivasan.

Delhi rape accused tried using victim's finger to unlock locker after murder

Delhi rape accused tried using victim's finger to unlock locker after murder

Rediff.com23 Apr 2026

Police sources reveal chilling details in the rape and murder of a 22-year-old in south Delhi, stating that accused Rahul Meena, a former domestic help, showed no remorse and repeatedly changed his statements during the investigation.

Strong outlook may sustain valuations for Godrej Consumer

Strong outlook may sustain valuations for Godrej Consumer

Rediff.com15 Apr 2026

Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.

Formula One embraces AI revolution as teams chase competitive edge

Formula One embraces AI revolution as teams chase competitive edge

Rediff.com8 May 2026

Artificial Intelligence is rapidly transforming Formula One, with teams like Williams and Red Bull using AI for race strategy, data analysis and operations as tech partnerships and sponsorship revenues surge.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

Adani Group adopts 3-layer structure to empower frontline,flatten hierarchy

Adani Group adopts 3-layer structure to empower frontline,flatten hierarchy

Rediff.com4 Apr 2026

Billionaire Gautam Adani announced the Adani Group is transitioning to a three-layer organisational structure to flatten hierarchy and empower its frontline operations, aiming for faster decision-making and increased accountability.

Apple clinches all-time revenue record in India during September quarter

Apple clinches all-time revenue record in India during September quarter

Rediff.com31 Oct 2025

iPhone maker Apple hit an all-time revenue record in India during September quarter, marking a strong growth streak in the world's second largest smartphone market where the tech titan has been deepening retail footprint and local manufacturing.

Why Ex-IRS Officer Wants Harsher Sentence For CBI Officers

Why Ex-IRS Officer Wants Harsher Sentence For CBI Officers

Rediff.com2 May 2026

Former IRS officer Ashok Kumar Aggarwal has challenged a three-month jail term awarded to two CBI officers in an assault and trespass case, seeking a harsher sentence and higher compensation.

Airspace curbs hit Indian aviation, 10,000 flights cancelled since Feb

Airspace curbs hit Indian aviation, 10,000 flights cancelled since Feb

Rediff.com7 Apr 2026

Indian carriers have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said.

Govt exceeds FY26 indirect tax collection estimates of Rs 15.52 lakh cr

Govt exceeds FY26 indirect tax collection estimates of Rs 15.52 lakh cr

Rediff.com2 Apr 2026

The Indian government has marginally exceeded its indirect tax collection target for fiscal year 2025-26, with strong performances in customs, excise, and GST revenues.

Apple Names John Ternus As New CEO To Succeed Tim Cook

Apple Names John Ternus As New CEO To Succeed Tim Cook

Rediff.com21 Apr 2026

Apple has announced that John Ternus will succeed Tim Cook as CEO in 2026. Ternus, the current senior vice president of Hardware Engineering, will take over as Cook transitions to executive chairman of the board. This change marks the end of Cook's long tenure and the beginning of a new chapter for Apple.

Selling Land Is Not a Service, Rules Supreme Court

Selling Land Is Not a Service, Rules Supreme Court

Rediff.com12 Nov 2025

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Rediff.com24 Apr 2026

Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.

Haryana Suspends IAS Officers Amid IDFC Bank Fraud Investigation

Haryana Suspends IAS Officers Amid IDFC Bank Fraud Investigation

Rediff.com9 Apr 2026

The Haryana government has suspended two IAS officers, Ram Kumar Singh and Pardeep Kumar, in connection with an ongoing investigation into a Rs 590-crore fraud case involving IDFC First Bank.

Naveen Patnaik Seeks Sitharaman's Intervention In Tribal Man's Case

Naveen Patnaik Seeks Sitharaman's Intervention In Tribal Man's Case

Rediff.com2 May 2026

BJD president Naveen Patnaik has requested Union Finance Minister Nirmala Sitharaman's intervention in a case where an Odisha tribal man was forced to exhume his sister's skeleton to prove her death to a rural bank. Patnaik seeks accountability for the incident, which has sparked public outrage.

Vijay's TVK ends Dravidian grip, echoes Kejriwal's AAP surge in Delhi

Vijay's TVK ends Dravidian grip, echoes Kejriwal's AAP surge in Delhi

Rediff.com4 May 2026

Vijay's TVK is poised to win its debut Assembly polls in Tamil Nadu, drawing parallels to Arvind Kejriwal's AAP's rise in Delhi. Both parties capitalised on public disenchantment with established political structures, promising change and fighting corruption.

AI, IndiGo, SpiceJet protest free seat selection rule, warn of fare hikes

AI, IndiGo, SpiceJet protest free seat selection rule, warn of fare hikes

Rediff.com21 Mar 2026

IndiGo, Air India, and SpiceJet are opposing the government's directive to offer 60% of seats for free selection, arguing it will lead to increased airfares to compensate for lost revenue.

Tamil producers adopt revenue-sharing model for big-budget films

Tamil producers adopt revenue-sharing model for big-budget films

Rediff.com9 Nov 2025

The Tamil Film Producers Council (TFPC) has resolved to implement a revenue-sharing model for big-budget films, requiring actors and technicians to share profits and losses. The move aims to address financial pressures from declining theatrical and OTT revenues. The TFPC also mandated staggered OTT release windows and formed a committee to ensure access to theaters for smaller films.

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Rediff.com16 Apr 2026

IT services giant Wipro's board has given the green light to a massive Rs 15,000 crore share repurchase programme, aiming to buy back over 5 per cent of its equity, or up to 60 crore shares, from shareholders at Rs 250 per share, reflecting an 18 per cent premium.

How Uttarakhand GST Officials Used Undercover Firms to Expose Tax Evasion

How Uttarakhand GST Officials Used Undercover Firms to Expose Tax Evasion

Rediff.com19 Mar 2026

Uttarakhand GST officials conducted an elaborate undercover operation, creating fake firms to expose a company evading over Rs 150 crore in taxes.

Is The Tata Legacy Losing Its Shine?

Is The Tata Legacy Losing Its Shine?

Rediff.com27 Apr 2026

Three disappointing experiences with Tata companies made me question whether the group's historic values of customer focus and accountability are slowly fading, notes Dr N Ravichandran.

Couple Banned from UK Companies for Breaching Disqualification Order

Couple Banned from UK Companies for Breaching Disqualification Order

Rediff.com5 Apr 2026

An Indian-origin couple in the UK has been sentenced for breaching a disqualification order, operating companies despite a ban imposed after tax fraud claims.

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

Rediff.com10 Apr 2026

India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.

Rs 7 Crore GST Fraud Uncovered In Pilibhit

Rs 7 Crore GST Fraud Uncovered In Pilibhit

Rediff.com17 Apr 2026

Police in Pilibhit, Uttar Pradesh, have uncovered a GST fraud involving the misuse of a GST ID to misappropriate approximately Rs 7 crore. The investigation revealed 13 fake firms allegedly used to generate bogus bills.

Street signs: Bank-backed brokers may regain edge, IPO pipeline stalls

Street signs: Bank-backed brokers may regain edge, IPO pipeline stalls

Rediff.com6 Apr 2026

India's market landscape is undergoing significant shifts, with bank-backed brokerages potentially regaining dominance over discount platforms due to regulatory changes and increased taxes, while the IPO pipeline faces a slowdown amid heightened global volatility.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

Why CBI Officers Were Jailed For Assaulting IRS Officer

Why CBI Officers Were Jailed For Assaulting IRS Officer

Rediff.com28 Apr 2026

A Delhi court has sentenced two CBI officers to three months' imprisonment for assaulting and trespassing into the residence of an IRS officer during a raid two decades ago.