News for 'IT companies'

Moto G77 Power: Price, Features...

Moto G77 Power: Price, Features...

Rediff.com6 days ago

Motorola has expanded its G-series lineup in India with the launch of the Moto G77 Power, a smartphone designed for users who prioritise battery life and reliable everyday performance.

Hydel projects to add 14,000 Mw by '32-33, CEA reckons

Hydel projects to add 14,000 Mw by '32-33, CEA reckons

Rediff.com7 days ago

The focus is now on accelerating PSP development through faster approvals, better-quality detailed project reports (DPRs), simplified clearances, and early excavation permissions. Speaking at a recent event, Prasad said hydropower and PSPs would be central to supporting India's renewable energy expansion by providing the reliable and flexible capacity needed to balance rising solar and wind generation. "A huge amount of variability is getting introduced into the grid.

Dutch prosecutors summon Tata Steel over 'intentional and unlawful' release of harmful substances

Dutch prosecutors summon Tata Steel over 'intentional and unlawful' release of harmful substances

Rediff.com9 Jul 2026

Dutch prosecutors have decided to summon Tata Steel IJmuiden BV (TSIJ) over multiple suspected criminal offences, including the "intentional and unlawful" release of harmful substances into the air that may have adversely affected public health, following a complaint filed by over 800 complainants.

Supreme Court to scrutinise Sebi's appeal against SAT's relief for Nusli Wadia

Supreme Court to scrutinise Sebi's appeal against SAT's relief for Nusli Wadia

Rediff.com14 Jul 2026

The Supreme Court has agreed to examine Sebi's challenge to a Securities Appellate Tribunal (SAT) decision that cleared Wadia Group Chairman Nusli Wadia, Bombay Dyeing, and others of allegations of fraudulent financial reporting.

DGCA warns IndiGo over dangerous goods handling lapses

DGCA warns IndiGo over dangerous goods handling lapses

Rediff.com11 Jul 2026

Aviation watchdog DGCA has issued a warning letter to IndiGo for lapses in compliance with norms for handling dangerous goods and has asked the airline to review the relevant training programme to include more practical exercises as well as operational scenarios.

Vietnam tragedy: 'Boat had gone barely 300 to 400 metres when it capsized'

Vietnam tragedy: 'Boat had gone barely 300 to 400 metres when it capsized'

Rediff.com11 Jul 2026

A boat carrying Indian tourists capsized off an island in south Vietnam, killing 15 people. An eyewitness described the incident, stating the boat overturned shortly after leaving the shore, and rescue efforts were launched, though medical teams were reportedly not immediately available.

One killed, 10 injured as BEST bus crashes into divider in Mumbai

One killed, 10 injured as BEST bus crashes into divider in Mumbai

Rediff.com7 days ago

A BEST bus operating on a wet lease crashed into a roadside divider on the Sion-Panvel highway in Mumbai's Mankhurd area, resulting in one fatality and ten injuries. The driver claimed brake failure. This incident marks the third major BEST bus accident in Mumbai this month.

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Rediff.com9 Jul 2026

IBS Group has launched Naviq Technology, an artificial intelligence company dedicated to the global travel industry, backed by a substantial USD 500 million investment over the next five years. The new venture aims to partner with major travel players to drive business transformations, modernise operations, and leverage AI for new revenue streams, with plans for significant job creation in India.

Nykaa's next glow-up lies in margin gains

Nykaa's next glow-up lies in margin gains

Rediff.com16 Jul 2026

FSN E-Commerce Ventures (Nykaa) reported nearly 30 per cent year-on-year revenue growth in Q1FY27, marking its highest revenue growth in 13 quarters, primarily driven by accelerated expansion in its fashion segment.

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

Rediff.com5 days ago

The Biotechnology Industry Research Assistance Council (BIRAC) has chosen seven to eight biotechnology startups as the initial group to receive funding from the government's ~1 trillion Research, Development and Innovation (RDI) Fund, with an average investment of approximately ~25 crore per startup.

L&T Technology Services Teams Up With Anthropic To Embed Claude AI In Engineering

L&T Technology Services Teams Up With Anthropic To Embed Claude AI In Engineering

Rediff.com14 Jul 2026

L&T Technology Services (LTTS) has announced a strategic partnership with Anthropic to integrate its Claude AI models into LTTS' engineering processes and AI platforms. This collaboration aims to redefine engineering work by enabling faster decision-making, streamlining workflows, and accelerating innovation for global clients, coinciding with Anthropic's new rupee-denominated pricing for Indian customers.

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Rediff.com7 Jul 2026

India's markets regulator, Sebi, has reintroduced rules allowing companies to repurchase their own shares through stock exchanges in the open market, effective August 1, 2026. The new framework caps the execution period at 66 working days and aims to enhance flexibility and efficiency for capital allocation.

NEET Protest: Jantar Mantar turns community kitchen, food becomes symbol of solidarity

NEET Protest: Jantar Mantar turns community kitchen, food becomes symbol of solidarity

Rediff.com4 days ago

At Jantar Mantar, where students are protesting the NEET paper 'leak' and demanding the Education Minister's resignation, volunteers have transformed the site into a community kitchen, providing a steady supply of food and refreshments as a powerful expression of solidarity.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com1 days ago

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

5 Life Lessons From Christopher Nolan's The Odyssey

5 Life Lessons From Christopher Nolan's The Odyssey

Rediff.com4 days ago

'The truth is Christopher Nolan's The Odyssey ultimately isn't about ancient Greece. It's about us. We all carry a Trojan Horse. We all imagine an Ithaca. We all fight monsters. We all battle invisible demons. And eventually, we all discover that arriving somewhere is never the end of becoming someone,' points out Deep Malhotra.

Doctor's E20 Petrol Car Ordeal: 'I've Lost Faith In Maruti'

Doctor's E20 Petrol Car Ordeal: 'I've Lost Faith In Maruti'

Rediff.com7 days ago

'I am now driving an electric vehicle. I have lost faith in petrol-run cars.'

'Investors Should Prepare For Frequent Market Swings'

'Investors Should Prepare For Frequent Market Swings'

Rediff.com13 Jul 2026

'Rather than deploying all their money at once, investors should invest gradually.' 'A staggered approach is the better strategy because volatility is likely to persist.'

Why FPI Selling Hasn't Hurt Markets

Why FPI Selling Hasn't Hurt Markets

Rediff.com13 Jul 2026

Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.

Uday Ruddaraju Appointed CTO, Compute At Microsoft-Backed OpenAI

Uday Ruddaraju Appointed CTO, Compute At Microsoft-Backed OpenAI

Rediff.com7 days ago

Indian-origin tech executive Uday Ruddaraju has been appointed Chief Technology Officer, Compute at OpenAI, a year after leaving Elon Musk's xAI. Ruddaraju, an alumnus of Hyderabad's Chaitanya Bharathi Institute of Technology, announced his new role on LinkedIn, highlighting OpenAI's mission to build the world's largest compute footprint for frontier AI.

BCCI seeks new title partner for India's home cricket season

BCCI seeks new title partner for India's home cricket season

Rediff.com6 days ago

The BCCI on Monday invited bids for the title sponsorship rights for its domestic and international home events, with the current agreement with IDFC FIRST Bank nearing the end of its tenure.

Over $11 Billion in Pre-listing Lock-ins to Expire by September

Over $11 Billion in Pre-listing Lock-ins to Expire by September

Rediff.com8 Jul 2026

Pre-listing shareholder lock-ins for 53 companies, valued at $11 billion, are set to expire between July and September, according to an analysis by Nuvama Institutional Equities, though not all shares are expected to flood the open market.

Kusumgar IPO Over-Subscribed 13 Times on Day 2, Strong Retail & NII Demand

Kusumgar IPO Over-Subscribed 13 Times on Day 2, Strong Retail & NII Demand

Rediff.com9 Jul 2026

The initial public offering (IPO) of engineered fabric manufacturer Kusumgar Ltd was subscribed 13.13 times on the second day of bidding, driven by strong interest from non-institutional and retail investors.

Google challenges Delhi HC ruling on keyword bidding

Google challenges Delhi HC ruling on keyword bidding

Rediff.com10 Jul 2026

Google has challenged a Delhi High Court single-judge bench ruling that held it liable for trademark infringement by allowing competitors to bid on and use the 'Hindware' trademark as keywords in its Google Ads programme. Google argues that keyword bidding promotes competition and is a globally accepted norm, citing previous rulings that allowed the practice. The tech giant contends that the Trade Marks Act does not distinguish between coined and generic words for such infringements.

Kusumgar IPO Closes with Staggering 128.85 Times Subscription

Kusumgar IPO Closes with Staggering 128.85 Times Subscription

Rediff.com10 Jul 2026

The initial public offering (IPO) of engineered fabric manufacturer Kusumgar Ltd was subscribed an impressive 128.85 times on its final day of bidding, largely driven by robust demand from Qualified Institutional Buyers (QIBs).

HDFC Bank shares tank over 5% as Q1 earnings disappoint on margin front

HDFC Bank shares tank over 5% as Q1 earnings disappoint on margin front

Rediff.com6 days ago

HDFC Bank shares plummeted over 5 per cent, wiping out Rs 64,685 crore from its market valuation, after its June quarter earnings disappointed investors, particularly on the net interest margin (NIM) front.

Can Tekton SUV Bring Nissan Back Into the Big League?

Can Tekton SUV Bring Nissan Back Into the Big League?

Rediff.com11 Jul 2026

Nissan Motor India aims to achieve a fourfold increase in domestic sales, targeting 100,000 units annually, and export another 100,000 vehicles from its Chennai plant by financial year 2027-28 (FY28), marking a significant revival of its presence in the Indian passenger vehicle market.

Wayanad landslide: Contractor blames heavy rain for tragedy

Wayanad landslide: Contractor blames heavy rain for tragedy

Rediff.com7 Jul 2026

Dilip Buildcon Ltd, the contractor for the Anakkampoyil-Kalladi-Meppadi road tunnel project in Wayanad, attributed a recent fatal landslide to exceptionally heavy rainfall. The company stated that the project adheres to all safety and environmental protocols, despite allegations from Kerala Ministers of a "man-made disaster."

Stock Markets Today: Sensex, Nifty Tumble, HDFC Bank, Oil Spike Hurt Sentiments

Stock Markets Today: Sensex, Nifty Tumble, HDFC Bank, Oil Spike Hurt Sentiments

Rediff.com7 days ago

Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, primarily driven by heavy selling in HDFC Bank following its quarterly earnings and a sharp spike in Brent crude oil prices due to escalating tensions between the US and Iran. Track Sensex, Nifty

SC to revisit BrahMos espionage case acquittal on UP police appeal

SC to revisit BrahMos espionage case acquittal on UP police appeal

Rediff.com5 days ago

The Supreme Court has agreed to hear a plea from Uttar Pradesh police challenging a Bombay High Court ruling that absolved BrahMos Aerospace engineer Nishant Agarwal of major espionage charges under the Official Secrets Act. Agarwal was previously sentenced to life imprisonment by a Nagpur district court for spying for Pakistan's ISI, despite the High Court finding he only illegally stored sensitive data.

16 feared trapped as garbage mound falls on building in Pune

16 feared trapped as garbage mound falls on building in Pune

Rediff.com8 Jul 2026

A three-storey administrative building in Pimpri Chinchwad, Pune, collapsed after a huge mound of garbage, loosened by heavy rains, crashed onto it. At least 16 people are feared trapped inside, and rescue operations are underway.

FSSAI issues notice to alcohol makers over misleading age claims, unauthorised flavours

FSSAI issues notice to alcohol makers over misleading age claims, unauthorised flavours

Rediff.com9 Jul 2026

India's food safety regulator, FSSAI, has issued a notice to alcoholic beverage manufacturers for violating regulations concerning the unauthorised use of added flavours and misleading age-related claims, demanding compliance and explanations.

HP India resellers fined Rs 142 crore by CCI for cartelisation, bid rigging

HP India resellers fined Rs 142 crore by CCI for cartelisation, bid rigging

Rediff.com14 Jul 2026

The Competition Commission of India (CCI) has imposed a total penalty of approximately Rs 142.37 crore on HP India Sales Private Limited and several of its resellers for engaging in cartelisation and bid rigging on the Government e-Marketplace (GeM).

I-T portal 'largely stable' despite peak load, Infosys penalised for delays

I-T portal 'largely stable' despite peak load, Infosys penalised for delays

Rediff.com6 days ago

The Indian government has informed the Lok Sabha that the income-tax return (ITR) e-filing portal is functioning in a 'largely stable and efficient manner' despite a significant increase in traffic during the peak filing season. However, it acknowledged transient technical issues and disclosed that contractual penalties have been imposed on Infosys for project delays and service-level agreement failures.

US launches major probe into H-1B visa fraud, names Indian IT firm

US launches major probe into H-1B visa fraud, names Indian IT firm

Rediff.com9 Jul 2026

The US Department of Labour's Office of the Inspector General has initiated an investigation into alleged fraud in H-1B and PERM work visa programmes. Indian IT firm Cognizant is among the companies under scrutiny for widespread schemes involving fraudulent applications, exploitation of foreign workers, and undercutting American labour. The probe aims to dismantle networks exploiting the guest worker visa system.

The India Story Review: Not Brave Enough!

The India Story Review: Not Brave Enough!

Rediff.com3 days ago

The India Story adopts a very soap opera-like approach, piling on ham-fisted melodrama along with plenty of unevenness, sighs Sreeju Sudhakaran

Mumbai Rain Is Now A Traded Asset

Mumbai Rain Is Now A Traded Asset

Rediff.com3 days ago

Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Rediff.com5 days ago

The FIFA World Cup final between Spain and Argentina garnered nearly 63 million viewers in the United States, setting new viewership records and highlighting football's increasing popularity in the country.

Wounded India eye redemption against spirited Zimbabwe in T20s

Wounded India eye redemption against spirited Zimbabwe in T20s

Rediff.com5 days ago

Shreyas Iyer leads a young Indian squad in a three-match T20I series against Zimbabwe, aiming for a crucial series win after recent defeats and facing selection dilemmas, particularly concerning the batting order and all-rounders.

Novo Nordisk introduces 'Awiqli', a once-weekly insulin injection for diabetes in India

Novo Nordisk introduces 'Awiqli', a once-weekly insulin injection for diabetes in India

Rediff.com9 Jul 2026

Danish pharma major Novo Nordisk has launched 'Awiqli' in India, a once-weekly basal insulin injection for adults with diabetes, aiming to simplify treatment and reduce the burden of daily injections.

Karnataka announces India's first govt-driven AI university

Karnataka announces India's first govt-driven AI university

Rediff.com14 Jul 2026

Karnataka Chief Minister D K Shivakumar announced the establishment of India's first government-driven Artificial Intelligence University and an AI Hub in Bengaluru. This initiative aims to position Karnataka as a global leader in responsible AI innovation, fostering talent, research, and collaboration. The state seeks to become an AI-native state, leveraging AI to improve governance and daily life across various sectors.