News for 'IT Services'

India's Services Sector Growth Eases Slightly in Feb

India's Services Sector Growth Eases Slightly in Feb

Rediff.com4 Mar 2026

India's services sector experienced a slight moderation in growth during February, according to the HSBC India Services PMI Business Activity Index, with new order growth slowing and inflation picking up.

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Rediff.com1 days ago

The combined market valuation of four of India's top-10 most valued firms, including State Bank of India, Bharti Airtel, Tata Consultancy Services, and Larsen & Toubro, eroded by Rs 1 lakh crore last week amidst a volatile and range-bound equity market.

Agniveers can't claim parity with regular soldiers: Govt

Agniveers can't claim parity with regular soldiers: Govt

Rediff.com14 hours ago

The Union government has informed the Bombay High Court that Agniveers are not "similarly situated" as regular soldiers and hence, cannot claim parity in pensionary benefits for their next of kin in the event of death in action.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com3 days ago

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

Two Chhattisgarh Police Constables Commit Suicide

Two Chhattisgarh Police Constables Commit Suicide

Rediff.com8 hours ago

Two police constables in Chhattisgarh allegedly committed suicide in separate incidents, apparently due to family-related issues. One constable shot himself with his service rifle, while the other was found hanging at his residence.

Theatre Commands Plan Gains Momentum

Theatre Commands Plan Gains Momentum

Rediff.com6 days ago

The plan includes three such formations: A China-focused Northern Theatre Command, a Pakistan-focused Western Theatre Command, and a Maritime Theatre Command.

Why Delhi Saw A Sharp Rise In Fire Emergencies In April

Why Delhi Saw A Sharp Rise In Fire Emergencies In April

Rediff.com7 days ago

Fire-related emergencies in Delhi surged by 73% in April compared to March, with 32 deaths reported in fire accidents between January and April, according to official data from the Delhi Fire Services.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com15 hours ago

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

Family Demands Compensation For Retired Brigadier Killed In Crossfire

Family Demands Compensation For Retired Brigadier Killed In Crossfire

Rediff.com5 days ago

The family of retired Brigadier Mukesh Joshi, who died in a crossfire in Rajpur, Dehradun, is seeking Rs 1 crore compensation from the Uttarakhand government, citing his distinguished military service and the state's responsibility to protect its citizens.

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

Rediff.com7 days ago

IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.

TCS Nashik Unit Faces Scrutiny Over Harassment Claims

TCS Nashik Unit Faces Scrutiny Over Harassment Claims

Rediff.com7 hours ago

The National Commission for Women (NCW) has submitted a fact-finding report to the Maharashtra government, revealing pervasive sexual harassment, systemic bullying, and zero compliance with the POSH Act at the Nashik unit of Tata Consultancy Services (TCS). The report details a toxic workplace environment and recommends strict action and compliance with the POSH Act.

Delhi Metro Partners With Airtel Bank For NCMC Cards

Delhi Metro Partners With Airtel Bank For NCMC Cards

Rediff.com1 days ago

The Delhi Metro Rail Corporation has partnered with Airtel Payments Bank to launch co-branded RuPay National Common Mobility Cards (NCMC), enabling seamless payments across various transit networks nationwide.

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Rediff.com15 Mar 2026

A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.

Rajasthan Police Constable Dismissed For Drug Trafficking

Rajasthan Police Constable Dismissed For Drug Trafficking

Rediff.com1 May 2026

A Rajasthan Police constable has been dismissed from service after being found involved in drug trafficking. The constable, Vinod Singh, was arrested for allegedly transporting 244 grams of smack and was booked under the NDPS Act.

Sujit Bose Arrested In Bengal Recruitment Scam Case

Sujit Bose Arrested In Bengal Recruitment Scam Case

Rediff.com9 hours ago

The Enforcement Directorate arrested former West Bengal minister Sujit Bose in connection with a money laundering case linked to an alleged municipality recruitment scam.

TCS Harassment Case: Nida Khan In Police Custody Until May 11

TCS Harassment Case: Nida Khan In Police Custody Until May 11

Rediff.com3 days ago

A Nashik court has remanded Nida Khan, an accused in the Tata Consultancy Services (TCS) sexual harassment and religious coercion case, in police custody until May 11. Khan, a TCS employee, was arrested after being on the run since the case emerged.

Bengal CEO Manoj Agarwal appointed chief secretary of Suvendu govt

Bengal CEO Manoj Agarwal appointed chief secretary of Suvendu govt

Rediff.com6 hours ago

West Bengal's appointment of Manoj Agarwal, the former Chief Electoral Officer, as the new Chief Secretary has ignited a political firestorm, raising concerns about the fairness and impartiality of the state's electoral processes.

'Evidence of...': Oppn slams Modi over 'WFH, no gold' pitch

'Evidence of...': Oppn slams Modi over 'WFH, no gold' pitch

Rediff.com19 hours ago

Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's call for citizens to make economic sacrifices in response to the West Asia conflict, calling it 'evidence of failure'. Gandhi accused Modi of shifting responsibility onto the public and being incapable of running the country.

Racquet Stringing Professionals Attend Workshop In Delhi

Racquet Stringing Professionals Attend Workshop In Delhi

Rediff.com10 hours ago

A technical workshop for racquet stringing professionals was held in Delhi, focusing on advanced techniques and international standards.

WFH, no gold purchases, foreign travel, reduce fuel use: Modi calls for Covid-era methods

WFH, no gold purchases, foreign travel, reduce fuel use: Modi calls for Covid-era methods

Rediff.com22 hours ago

Prime Minister Narendra Modi has urged for restraint in the use of petro products due to the West Asia crisis, emphasising the need to save foreign exchange and reduce the impact of war. He also highlighted India's progress in solar power and ethanol blending, while assuring support to Telangana's development.

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Rediff.com12 hours ago

Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.

Vande Bharat links Jammu to Srinagar, cuts travel time to under 5 hrs

Vande Bharat links Jammu to Srinagar, cuts travel time to under 5 hrs

Rediff.com2 May 2026

The first direct Vande Bharat Express service between Jammu and Srinagar has commenced commercial operations, significantly reducing travel time between the two cities and enhancing rail connectivity in the region.

Interstate Drug Smugglers Nabbed Near India-Nepal Border

Interstate Drug Smugglers Nabbed Near India-Nepal Border

Rediff.com4 days ago

Police in Maharajganj, Uttar Pradesh, have arrested three alleged interstate drug smugglers and seized banned narcotic tablets worth approximately Rs 1 crore near the India-Nepal border.

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Rediff.com5 days ago

An FIR has been registered against unknown individuals for allegedly sending fraudulent messages in the name of e-commerce platform Udaan, promising cash rewards and disrupting its operations.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com4 days ago

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

'He was crying, she was shouting -- then suddenly, silence'

'He was crying, she was shouting -- then suddenly, silence'

Rediff.com3 May 2026

Delhi Police have registered a case of abetment to suicide and criminal conspiracy in connection with the death of a Delhi Judicial Services officer at his residence. The deceased, Aman Kumar Sharma, was found dead at his Safdarjung residence, with preliminary inquiry indicating death by hanging.

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Rediff.com14 hours ago

Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.

Neil Nitin Mukesh: 'What Vijay Has Achieved Politically Is Remarkable'

Neil Nitin Mukesh: 'What Vijay Has Achieved Politically Is Remarkable'

Rediff.com7 days ago

'What stood for me was how grounded he was despite his massive stardom.'

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com5 days ago

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

Gorilla Technology Boosts AI Infrastructure Collaboration With Yotta

Gorilla Technology Boosts AI Infrastructure Collaboration With Yotta

Rediff.com29 Apr 2026

UK-based Gorilla Technology Group is expanding its AI infrastructure collaboration with Yotta Data Services in India, deploying additional GPU cards to support large-scale AI compute infrastructure.

Odisha Congress Calls For All-Party Meet On Crime Surge

Odisha Congress Calls For All-Party Meet On Crime Surge

Rediff.com11 hours ago

The Odisha Congress has called on Chief Minister Mohan Charan Majhi to convene an all-party meeting to address the increasing crime rate in the state. Protests have erupted following recent incidents, including a lynching, with demands for accountability from senior police officers.

CM Vijay begins welfare push, but Tamil Nadu's debt crisis looms large

CM Vijay begins welfare push, but Tamil Nadu's debt crisis looms large

Rediff.com1 days ago

TVK founder Vijay, upon becoming Chief Minister, approved free electricity units and special forces for women's safety and anti-drug efforts. He pledged a commitment to secularism and social justice, asserting his authority as the sole power centre.

Odisha Police Act After Constable Lynched By Mob

Odisha Police Act After Constable Lynched By Mob

Rediff.com1 days ago

Four policemen have been suspended and two home guards disengaged from service in Odisha following the lynching of a GRP constable. The crime branch is investigating the incident, which occurred after allegations of attempted sexual assault. Opposition parties have criticised the state government over the incident.

Accused In Road Rage Murder Shot After Attacking Cop

Accused In Road Rage Murder Shot After Attacking Cop

Rediff.com16 hours ago

A man wanted for allegedly killing a minor boy in a road rage incident was shot in the leg by police after he attacked a constable with a knife in a bid to escape in Gujarat's Surat city.

TCS Employees Remanded In Custody Over Conversion Allegations

TCS Employees Remanded In Custody Over Conversion Allegations

Rediff.com6 days ago

A court in Nashik, Maharashtra, has remanded four Tata Consultancy Services (TCS) employees to judicial custody until May 18 in connection with allegations of religious conversion and sexual harassment of colleagues.

Nashik Court Remands TCS Employee In Harassment Case

Nashik Court Remands TCS Employee In Harassment Case

Rediff.com3 days ago

A Nashik court has remanded Nida Khan, an employee of Tata Consultancy Services (TCS), in police custody until May 11 in connection with a sexual harassment and religious coercion case. The police are investigating allegations of forced religious conversion and potential links to other conversion rackets.

Delhi Judicial Officer Death: Family Alleges Harassment

Delhi Judicial Officer Death: Family Alleges Harassment

Rediff.com2 May 2026

A Delhi Judicial Services officer, Aman Kumar Sharma, was found dead at his residence in Safdarjung. Family members have alleged harassment and raised questions about the circumstances surrounding his death. Police are investigating the case, with preliminary inquiries suggesting a possible suicide.

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

Rediff.com14 hours ago

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.

Man Held For Credit Card Fraud In Delhi

Man Held For Credit Card Fraud In Delhi

Rediff.com15 hours ago

Delhi Police have arrested a man from Bihar for allegedly committing credit card fraud of Rs 3.99 lakh. The accused used stolen credentials to make purchases through the victim's e-commerce account.