News for 'IT Services'

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

Rediff.com30 Jun 2026

Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.

Nandan Nilekani On How AI Will Amplify IT Firms

Nandan Nilekani On How AI Will Amplify IT Firms

Rediff.com23 Jun 2026

Infosys co-founder Nandan Nilekani stated that artificial intelligence will amplify, not replace, IT firms, projecting a massive USD 400 billion AI-first services opportunity by 2030. Addressing shareholders, he highlighted Infosys's readiness to help clients navigate enterprise AI complexities and capitalise on the structural shift in technology.

Diljit Dosanjh's 'Satluj' removed from OTT 2 days after release

Diljit Dosanjh's 'Satluj' removed from OTT 2 days after release

Rediff.com6 Jul 2026

Diljit Dosanjh's film 'Satluj', based on human rights activist Jaswant Singh Khalra, has been made unavailable on ZEE5 in India just two days after its release, following a prolonged censorship battle.

How ArcelorMittal Is Automating Global Operations With AWS

How ArcelorMittal Is Automating Global Operations With AWS

Rediff.com22 Jun 2026

ArcelorMittal has announced a partnership with Amazon Web Services (AWS) to automate its global manufacturing operations using AWS's cloud and AI capabilities. This collaboration aims to enhance safety, asset reliability, and energy efficiency by deploying AI at the point of production for predictive maintenance, quality control, and process optimisation.

Inflation likely to remain contained:FinMin report

Inflation likely to remain contained:FinMin report

Rediff.com1 Jul 2026

India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.

India's Services Sector Growth Eases to 14-Month Low

India's Services Sector Growth Eases to 14-Month Low

Rediff.com6 Apr 2026

India's services sector growth slowed in March, reaching a 14-month low, according to the HSBC India Services PMI. The slowdown reflects weaker new business intakes and rising input costs, particularly in fuel, transport, and logistics.

HC orders removal of false info on judges' London badminton trip

HC orders removal of false info on judges' London badminton trip

Rediff.com21 Jun 2026

The Delhi high court has ordered social media companies and online service providers to remove 'false' information circulating online about Indian judges and Union ministers allegedly participating in a badminton tournament in London at taxpayers' expense. The court deemed the content malicious and a systematic misinformation campaign aimed at undermining the judiciary and executive.

Vaishnaw to launch Mumbai-Ahmedabad bullet train tunnel work on Sunday

Vaishnaw to launch Mumbai-Ahmedabad bullet train tunnel work on Sunday

Rediff.com4 Jul 2026

Railway Minister Ashwini Vaishnaw will inaugurate the underground tunnel-boring work from Vikhroli to the Bandra Kurla Complex station in Mumbai on Sunday, marking the maiden use of a tunnel boring machine for the country's first bullet train project, between Mumbai and Ahmedabad.

Wimbledon 2026: Muchova topples defending champion, joins Pegula in quarterfinals

Wimbledon 2026: Muchova topples defending champion, joins Pegula in quarterfinals

Rediff.com5 Jul 2026

Tenth seed Karolina Muchova snuffed out the Wimbledon hopes of friend and 2024 champion Barbora Krejcikova on Sunday, winning 7-5, 5-7, 6-3 in a tight battle for Czech supremacy and a place in the quarterfinals. The 32-year-old Pegula said beforehand she had expected the 18-year-old Jovic to come at her hard and so it proved, but after a scrappy first set, she won 4-6, 6-3, 6-1 to reach the quarterfinal and equal her best Wimbledon run.

Stock Markets Today: Sensex, Nifty down on geopolitical tensions

Stock Markets Today: Sensex, Nifty down on geopolitical tensions

Rediff.com30 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced a decline in early trade due to uncertainty surrounding the upcoming US-Iran negotiations in Doha. Foreign fund outflows and a dip in major IT stocks further contributed to the market's cautious sentiment, despite mixed performance in global markets.

Donation allegations 'baseless', will respond after SIT report: Champat Rai

Donation allegations 'baseless', will respond after SIT report: Champat Rai

Rediff.com7 Jul 2026

A day after his resignation was accepted by the Ram temple trust, its former general secretary Champat Rai on Tuesday said he would respond to all allegations of donation embezzlement after the SIT submits its final report, even as opposition parties alleged a "cover-up" and stepped up the demand for its dissolution.

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Rediff.com1 Jul 2026

Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.

Mumbai grinds to a halt as BEST strike pulls 2,700 buses off roads

Mumbai grinds to a halt as BEST strike pulls 2,700 buses off roads

Rediff.com19 Jun 2026

Employees of Mumbai's BEST undertaking have launched an indefinite strike, severely impacting public transport and electricity services. The strike, called by a joint action committee, demands budget merger with BMC, settlement of dues, and implementation of the Seventh Pay Commission, among other issues. Despite court orders and MESMA invocation, the strike continues, causing widespread inconvenience to millions of commuters and electricity consumers.

Unified Command To Tackle AI Threats

Unified Command To Tackle AI Threats

Rediff.com3 Jul 2026

'The government has to act as one unit since the threat from these newer models will soon scale up.'

How Garuda Aerospace Is Expanding Its Global Drone Footprint

How Garuda Aerospace Is Expanding Its Global Drone Footprint

Rediff.com16 Jun 2026

Indian drone startup Garuda Aerospace has partnered with Extensee SAS to deploy Airbus' Flexrotor unmanned aerial vehicles internationally. This collaboration aims to leverage Extensee's operational expertise for various long-range autonomous missions, expanding Garuda Aerospace's Drone-as-a-Service offerings globally.

'Future Attacks Are Going To Be Autonomously Run By AI'

'Future Attacks Are Going To Be Autonomously Run By AI'

Rediff.com6 Jul 2026

''When these agents are deployed at enterprise-grade scale, your risk will not just amplify, it will mutate.' 'And the reason is because you will have ungoverned agents.'

Gulf Crisis: How India Avoided Economic Turmoil

Gulf Crisis: How India Avoided Economic Turmoil

Rediff.com7 Jul 2026

Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.

Dutch stars targeted with racist hate after penalty loss

Dutch stars targeted with racist hate after penalty loss

Rediff.com1 Jul 2026

Dutch football players Justin Kluivert, Quinten Timber, and Crysencio Summerville were subjected to racist, discriminatory, and hateful online abuse after missing penalties in their World Cup shootout defeat to Morocco. The Dutch football association (KNVB) has condemned the abuse, calling it appalling, and plans to file a case with 'Meld Online Discriminatie' which could lead to a criminal investigation. Morocco won the thrilling Round of 32 match 3-2 on penalties after a 1-1 draw, advancing to face Canada.

9 Doctors Who Became Leaders

9 Doctors Who Became Leaders

Rediff.com3 Jul 2026

On Doctors' Day this week let's turn the spotlight onto doctors who decided to become leaders.

FPIs pulled out Rs 49,340 crore from Indian equities in June

FPIs pulled out Rs 49,340 crore from Indian equities in June

Rediff.com3 Jul 2026

Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.

Stock markets today: Sensex, Nifty rally as crude oil prices decline, IT stocks gain

Stock markets today: Sensex, Nifty rally as crude oil prices decline, IT stocks gain

Rediff.com2 Jul 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in crude oil prices and positive developments on the geopolitical front, alongside strong performance in blue-chip IT stocks. Track Sensex, Nifty on July 2, 2026

Climate Change Threatens World Cup Match Safety

Climate Change Threatens World Cup Match Safety

Rediff.com3 Jul 2026

A World Cup game between Paraguay and France in Philadelphia is at risk due to extreme heat and humidity, linked to climate change and fossil fuel use. A heat dome over the U.S. and Canada has pushed temperatures beyond safe play recommendations, raising concerns about player safety and future tournament scheduling.

300 mm rain in 24 hrs floods Mumbai; road, rail traffic hit

300 mm rain in 24 hrs floods Mumbai; road, rail traffic hit

Rediff.com25 Jun 2026

Mumbai experienced heavy overnight monsoon rains, with some areas receiving over 200 mm in 24 hours, leading to widespread waterlogging, traffic congestion, and disruptions in suburban train services, particularly on Central Railway lines due to a track cave-in.

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.

Modi asks secretaries to fast-track reforms, boost self-reliance

Modi asks secretaries to fast-track reforms, boost self-reliance

Rediff.com1 Jul 2026

Prime Minister Narendra Modi on Tuesday interacted with government secretaries and discussed with them on two key issues -- deregulation and other reforms for 'ease of doing business' and 'ease of living' and promoting 'Aatmanirbharta'.

'It Was Very, Very Fierce With Intense Combat'

'It Was Very, Very Fierce With Intense Combat'

Rediff.com8 Jul 2026

June-July 1999 saw some of the most bitterly fought battles in the Kargil War. Colonel Gaurav Chaturvedi looks back on those days -- and the extraordinary saga of the men he fought alongside.

ALL You Want To Know About Maharashtra's SIR!

ALL You Want To Know About Maharashtra's SIR!

Rediff.com8 Jul 2026

'The final electoral roll will be published on October 7, 2026.' 'If someone who is otherwise eligible does not find his/her name in that electoral roll, they can fill Form 6 along with other necessary documents to enrol his/her name in the electoral roll after the final publication of the electoral roll also.'

Wimbledon: Zverev fights back to avoid shock exit

Wimbledon: Zverev fights back to avoid shock exit

Rediff.com1 Jul 2026

French Open champion Alexander Zverev has an allergy to grass and admits to struggling on Wimbledon's "beautiful" Centre Court but showed enough in a first-round win over hard-hitting Belgian Alexander Blockx on Tuesday to suggest he could embark on his best run yet in southwest London.

Are You Making These 5 Monsoon Skincare Mistakes?

Are You Making These 5 Monsoon Skincare Mistakes?

Rediff.com3 Jul 2026

Aggressive scrubbing doesn't speed anything up; it just leaves your skin red, raw and angrier than before.

Tata Electronics overtakes Foxconn by assembling $26.3 bn iPhones for exports

Tata Electronics overtakes Foxconn by assembling $26.3 bn iPhones for exports

Rediff.com3 Jul 2026

Tata Electronics has surpassed Taiwanese giant Foxconn in assembling iPhones for export from India during the FY22-FY26 PLI scheme period, with exports valued at $26.3 billion compared to Foxconn's $25.6 billion.

Air India introduces basic fare category without complimentary meals

Air India introduces basic fare category without complimentary meals

Rediff.com17 Jun 2026

Loss-making Air India has introduced a new 'Basic Fare' category for select domestic flights, which does not include complimentary meals, as part of its efforts to trim expenses amid rising operational costs.

10 Questions Every First-Time Health Insurance Buyer Must Ask

10 Questions Every First-Time Health Insurance Buyer Must Ask

Rediff.com7 Jul 2026

The best time to buy health insurance is when you don't think you need it.

Mid- and Small-Cap SIP Returns Rebound, Boosting MF Industry Outlook

Mid- and Small-Cap SIP Returns Rebound, Boosting MF Industry Outlook

Rediff.com2 Jul 2026

Systematic Investment Plan (SIP) returns for smallcap and midcap mutual funds have seen a significant rebound, with average one-year SIP returns now at 19.1 per cent for smallcap funds and 13.5 per cent for midcap funds, according to Value Research data. This recovery is expected to revive momentum in the retail mutual fund industry, which had experienced a moderation in growth indicators.

Indian Equities Decline for Second Day, IT Sector Drags Market

Indian Equities Decline for Second Day, IT Sector Drags Market

Rediff.com30 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.

Several TET candidates miss exam due to BJP leader's roadshow in UP town

Several TET candidates miss exam due to BJP leader's roadshow in UP town

Rediff.com3 Jul 2026

Traffic congestion allegedly caused by Uttar Pradesh Bharatiya Janata Party vice-president Durvijay Singh Shakya's roadshow triggered a political row in Budaun on Friday after several candidates claimed they missed the second shift of the state Teacher Eligibility Test.

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

Rediff.com17 Jun 2026

Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.

SBI Boosts YONO Platform With New AI Features And Digital Journeys

SBI Boosts YONO Platform With New AI Features And Digital Journeys

Rediff.com1 Jul 2026

State Bank of India has launched a suite of AI-powered digital innovations on its YONO platform, enhancing both retail and business banking services. These new features include a 3-in-1 digital onboarding process, a sustainability tracker, integrated trade finance, and an AI virtual assistant, aiming to provide intelligent and future-ready banking experiences for its 53 crore customers.

Pritam And Pedro Review: Buddy Comedy Falls Flat

Pritam And Pedro Review: Buddy Comedy Falls Flat

Rediff.com3 Jul 2026

Arshad Warsi can create an air of levity around anybody but Vir Hirani's stiff screen presence as Pritam Parkar has no vibe to match his peevish, pitiable Pedro Gonsalves, observes Sukanya Verma.

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Rediff.com24 Jun 2026

The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.