News for 'IT companies'

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com17 Aug 2026

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

4 India-based companies face US sanctions over Iran trade

4 India-based companies face US sanctions over Iran trade

Rediff.com25 Aug 2026

The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Rediff.com16 Aug 2026

Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are poised to collectively raise nearly Rs 5,600 crore through initial public offerings (IPOs) in the upcoming week, adding to the bustling primary market activity.

20 additional CRPF companies deployed in Delhi amid protests

20 additional CRPF companies deployed in Delhi amid protests

Rediff.com22 Jul 2026

The Centre has ordered the deployment of 20 additional companies of the Central Reserve Police Force (CRPF) in Delhi. These forces are being airlifted from West Bengal to strengthen security measures in response to CJP protests, demonstrations by various political parties, and the ongoing Parliament session, following instances of violent clashes.

Andrea Pirlo's Italy coach bid ends amid Russian betting company controversy

Andrea Pirlo's Italy coach bid ends amid Russian betting company controversy

Rediff.com27 Jul 2026

Former Italy international Andrea Pirlo has withdrawn from contention for the national team's head coach position after his commercial ties to Russian betting company Fonbet drew significant criticism and opposition from Italian football officials and lawmakers.

RBI Authorises RNFI Services As Physical Payment Aggregator

RBI Authorises RNFI Services As Physical Payment Aggregator

Rediff.com4 hours ago

RNFI Services Ltd has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator - Physical (PA-P). This approval allows the company to expand its financial infrastructure into physical, offline, and in-store payments, complementing its existing regulated financial services portfolio.

Maruti Suzuki to hike prices by up to Rs 20,000 on select models, third time since May

Maruti Suzuki to hike prices by up to Rs 20,000 on select models, third time since May

Rediff.com9 hours ago

Maruti Suzuki India announced a price hike of up to Rs 20,000 on select models, effective from September 2026, marking its third increase since May, citing continuous increases in input costs and inflationary pressures.

How 'Boss Scam' Cyber Fraud Targets Indian Companies

How 'Boss Scam' Cyber Fraud Targets Indian Companies

Rediff.com17 Jul 2026

India's markets regulator, Sebi, has issued a warning to listed companies and regulated entities about an emerging cyber fraud known as the "Boss Scam." This scam involves fraudsters impersonating senior officials like CEOs or MDs to trick finance teams into transferring funds, often using advanced AI tools or malicious software. Sebi advises organisations to verify requests independently and report incidents to prevent financial losses.

Hyundai Eyes 7-8% EV Sales Next Year, Plans New Compact EV

Hyundai Eyes 7-8% EV Sales Next Year, Plans New Compact EV

Rediff.com10 hours ago

In August, Hyundai recorded its highest ever domestic sales for the month with 54,396 units sold, marking a 23.6 per cent Y-o-Y increase. The Creta Electric currently anchors Hyundai's mass-market electric portfolio, while the Ioniq 5 caters to the premium end

InsuranceDekho-RenewBuy merger to deepen India reach, eyes IPO

InsuranceDekho-RenewBuy merger to deepen India reach, eyes IPO

Rediff.com2 days ago

The merged InsuranceDekho-RenewBuy entity aims to significantly expand its distribution network across India, offering insurance, mutual funds, and loans, with a strong focus on 'Bharat' (rural India), according to CEO Ankit Agarwal.

Tata Chemicals Vows to Resolve Outstanding Issues After Kenya's Shutdown Order

Tata Chemicals Vows to Resolve Outstanding Issues After Kenya's Shutdown Order

Rediff.com3 days ago

Tata Chemicals has stated its commitment to resolving outstanding issues with the Kenyan government after President William Ruto reportedly ordered its subsidiary, Tata Chemicals Magadi Ltd, to cease operations, citing a lack of benefit to citizens.

Adobe Appoints Anil Chakravarthy As New CEO, Shantanu Narayen Becomes Executive Chair

Adobe Appoints Anil Chakravarthy As New CEO, Shantanu Narayen Becomes Executive Chair

Rediff.com3 days ago

Adobe has announced Anil Chakravarthy as its new president and CEO, succeeding Shantanu Narayen, who will transition to executive chair. Chakravarthy, an alumnus of Banaras Hindu University and IIT, will assume the role on December 1, leading the company into an AI-driven era.

Jaguar Land Rover announces global job cuts, aims for significant savings

Jaguar Land Rover announces global job cuts, aims for significant savings

Rediff.com56 minutes ago

Tata Group's British luxury carmaker Jaguar Land Rover (JLR) announced plans to reduce its global workforce by approximately 4,000 roles over the next two years, aiming for 1.7 billion in savings to enhance sustainable profitable growth and invest in future technologies.

Symbiotec Pharmalab shares end over 11% higher after flat debut

Symbiotec Pharmalab shares end over 11% higher after flat debut

Rediff.com6 days ago

Shares of Symbiotec Pharmalab Ltd, a pharma and biotech company, made a muted market debut, listing nearly 1 per cent lower on the BSE against its issue price of Rs 988, but later recovered to trade higher.

IT companies risk losing ground to AI-native firms: S&P Global

IT companies risk losing ground to AI-native firms: S&P Global

Rediff.com14 Jul 2026

Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.

AI Is Changing Work, Not Cutting Jobs

AI Is Changing Work, Not Cutting Jobs

Rediff.com3 days ago

'It requires new skilling, new ways of working, and new structures. That's the reality.'

Hexaware Names Vivek Jetley New CEO To Drive AI Growth

Hexaware Names Vivek Jetley New CEO To Drive AI Growth

Rediff.com5 days ago

Hexaware Technologies has announced Vivek Jetley as its CEO-Designate, succeeding Srikrishna Ramakarthikeyan. Jetley will take over on October 28, 2026, with a mandate to accelerate growth and scale the company's AI-led services globally, leveraging his extensive experience in AI and enterprise transformation.

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com5 days ago

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

ONGC to spend Rs 1 trillion on deepwater oil exploration

ONGC to spend Rs 1 trillion on deepwater oil exploration

Rediff.com6 days ago

State-run ONGC plans a massive Rs 1 trillion investment in deepwater exploration over the next five years, aiming to drill 87 wells to counter declining domestic crude oil and natural gas production. The company is also establishing a trading firm and its overseas arm, OVL, is pursuing operatorship of assets in Venezuela.

OpenAI launches GPT-6 Astra, calls it 'world's most intelligent' AI model

OpenAI launches GPT-6 Astra, calls it 'world's most intelligent' AI model

Rediff.com3 days ago

OpenAI has officially launched GPT-6 Astra, hailed as 'the world's most intelligent and aligned model,' designed to excel in computer browsing, software engineering, mathematics, and enterprise workflows, with immediate deployment for select organisations.

NIIF, PB Fintech, And DGFT Announce Major Strategic Moves

NIIF, PB Fintech, And DGFT Announce Major Strategic Moves

Rediff.com6 hours ago

National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.

Why Tata Must Put The Group Before Individuals

Why Tata Must Put The Group Before Individuals

Rediff.com7 days ago

Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Rediff.com2 days ago

The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.

Why Pay Hikes Remain Muted

Why Pay Hikes Remain Muted

Rediff.com7 days ago

Surging growth in sales by companies hasn't translated into higher salaries just yet.

Raj Thackeray warns of communal tension during Ganesh festival

Raj Thackeray warns of communal tension during Ganesh festival

Rediff.com11 hours ago

Maharashtra Navnirman Sena (MNS) chief Raj Thackeray has voiced strong concerns about the divisive role of social media in society, alleging it fuels anger and religious disputes. He also criticised the unbridled use of high-decibel sound systems, questioned the government's economic policies despite GDP growth claims, and objected to political messaging in public offices. Thackeray further addressed linguistic politics and endorsed the "Inquilab Zindabad" slogan.

India's VC funding recovery 'anaemic' compared to global surge

India's VC funding recovery 'anaemic' compared to global surge

Rediff.com6 hours ago

India's venture capital deal value grew by a modest 5 per cent in the first seven months of the year, significantly lagging the global average surge of 161 per cent, reflecting continued investor caution and valuation discipline.

Smallcap Funds Double Down On IPOs

Smallcap Funds Double Down On IPOs

Rediff.com7 days ago

"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."

Oppex AI Raises Rs 4.2 Crore To Revolutionise Production Operations

Oppex AI Raises Rs 4.2 Crore To Revolutionise Production Operations

Rediff.com6 days ago

Bengaluru-based Oppex AI, an AI-native platform for production operations, has successfully raised Rs 4.2 crore in a pre-seed funding round led by Info Edge Ventures. The capital will be utilised to expand its team, accelerate product development, and scale deployments, aiming to advance AI-led transformation in enterprise technology.

Why have Promoters Borrowed Rs 7 Trillion?

Why have Promoters Borrowed Rs 7 Trillion?

Rediff.com29 Aug 2026

The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).

NCLT issues notices in Subhash Chandra insolvency, bars property disposal

NCLT issues notices in Subhash Chandra insolvency, bars property disposal

Rediff.com6 days ago

A special five-member NCLT bench has issued notices to all parties in Subhash Chandra's personal insolvency case and directed the Essel Group Chairman not to alienate his properties, either directly or indirectly, following a split verdict on a repayment plan.

Why Foreign Investors Are Missing India's Real Story

Why Foreign Investors Are Missing India's Real Story

Rediff.com5 days ago

If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.

Ather Bets Big On Konarc, Supply Crunch To Continue

Ather Bets Big On Konarc, Supply Crunch To Continue

Rediff.com6 days ago

With Konarc, the company has moved deeper into the mass-market e2W segment.

Augmont Enterprises makes strong market debut, shares jump nearly 22%

Augmont Enterprises makes strong market debut, shares jump nearly 22%

Rediff.com7 days ago

Augmont Enterprises Ltd, an integrated gold and silver platform, saw its shares list with a premium of nearly 22 per cent against the issue price of Rs 788 on its market debut.

Maruti Suzuki to invest Rs 77,500 crore by FY31 for expansion, new models

Maruti Suzuki to invest Rs 77,500 crore by FY31 for expansion, new models

Rediff.com7 days ago

Maruti Suzuki India has significantly increased its capital expenditure (capex) outlay to Rs 77,500 crore for the five-year period ending FY31, aiming to boost capacity, develop new models, and enhance R&D, as announced by MD and CEO Hisashi Takeuchi.

How AI And Cloud Are Democratising Capabilities For Indian Businesses

How AI And Cloud Are Democratising Capabilities For Indian Businesses

Rediff.com52 minutes ago

Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Rediff.com7 days ago

Zee founder Subhash Chandra has shifted his public statements from allegations against Mukesh Ambani to focusing on settling outstanding Essel Group debt, with borrowers reportedly agreeing to repay obligations.

Government Bats On Front Foot For Defence Exports

Government Bats On Front Foot For Defence Exports

Rediff.com7 days ago

The reforms, undertaken by the Department of Defence Production, remove stakeholder consultation for exports of non-lethal defence items to most destinations, while retaining safeguards for sensitive countries.

Ola unveils S1Z EV scooter with made in India battery tech

Ola unveils S1Z EV scooter with made in India battery tech

Rediff.com3 days ago

The new range brings Ola's 46-series LFP cells to its most affordable scooter lineup aimed at India's mass-market electric vehicle (EV) buyers.

We need to stay ahead of hackers, Maruti CEO tells automobile meet

We need to stay ahead of hackers, Maruti CEO tells automobile meet

Rediff.com4 days ago

A cyberattack on an automaker can spread through its wider supply chain and create significant financial losses.

ITR filing for AY27 touches record 7.8 cr

ITR filing for AY27 touches record 7.8 cr

Rediff.com6 days ago

The Income Tax Department announced a record 7.8 crore Income Tax Returns (ITRs) filed for Assessment Year (AY) 2026-27 by August 31, 2026, surpassing the previous year's figures.