News for 'IT companies'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com28 Aug 2026

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

How Much Dividend Did Tata Sons Earn Under Chandra?

How Much Dividend Did Tata Sons Earn Under Chandra?

Rediff.com28 Aug 2026

Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.

India Services Growth Cools to 4-Year Low in August

India Services Growth Cools to 4-Year Low in August

Rediff.com4 days ago

India's services activity expanded in August, but the pace of growth cooled to the second-slowest since March 2022, despite stronger output and new business, according to the HSBC India Services PMI Business Activity Index.

India's AI Professionals Redefine Workflows, Outpacing Global Peers

India's AI Professionals Redefine Workflows, Outpacing Global Peers

Rediff.com4 days ago

A Microsoft Work Trend Index report reveals India has the highest share of "Frontier Professionals" globally, with 32% of its AI users employing AI agents in multi-step workflows, double the global average. Indian professionals are not just adopting AI but are actively redesigning work processes, demonstrating strong leadership alignment and a focus on human oversight and critical thinking. Major Indian IT firms like Infosys, TCS, and Wipro show rapid adoption and significant productivity gains with Microsoft 365 Copilot.

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Rediff.com10 Jul 2026

Indian Hotels Company Ltd (IHCL) is expected to benefit from higher room rates, rising occupancy, and strategic acquisitions, with analysts projecting double-digit revenue growth for FY27 driven by strong domestic demand and a favourable demand-supply dynamic.

Subhash Chandra contests NCLT's power to form five-member bench in personal insolvency case

Subhash Chandra contests NCLT's power to form five-member bench in personal insolvency case

Rediff.com5 days ago

Essel Group Chairman Subhash Chandra has challenged the National Company Law Tribunal's (NCLT) decision to form a five-member bench to hear his personal insolvency case, arguing that the tribunal lacks the power to constitute such a bench. This comes after a split verdict and a subsequent stay on an order allowing him to settle claims.

US de-lists 4 Indian companies sanctioned over Russia links

US de-lists 4 Indian companies sanctioned over Russia links

Rediff.com1 Jul 2026

The United States has removed four Indian companies from its sanctions list, which had been accused of supplying advanced technology and equipment to Russia's military-industrial complex. The de-listed firms include RRG Engineering Technologies, Lokesh Machines, Galaxy Bearings, and Shaurya Aeronautics, previously sanctioned for exporting dual-use items to Russian entities.

British parentage, Indian ownership: The Royal Enfield Story

British parentage, Indian ownership: The Royal Enfield Story

Rediff.com3 days ago

"When Royal Enfield turned 100, we were struggling for survival"

Delhi HC orders 6-month forensic audit in Daiichi-Fortis case

Delhi HC orders 6-month forensic audit in Daiichi-Fortis case

Rediff.com6 days ago

The Delhi High Court has mandated a six-month forensic audit into the alleged dissipation of assets by former Fortis promoters Malvinder Mohan Singh and Shivinder Mohan Singh, stemming from enforcement proceedings by Japanese drug major Daiichi Sankyo.

India's Manufacturing PMI Slips to 5-Year Low in August on Weak Demand

India's Manufacturing PMI Slips to 5-Year Low in August on Weak Demand

Rediff.com6 days ago

India's manufacturing sector growth decelerated to a five-year low of 52.8 in August, down from 53.5 in July, as output and new orders moderated due to softer demand conditions, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI).

Delhi bus in which minor was gang-raped had 8 challans

Delhi bus in which minor was gang-raped had 8 challans

Rediff.com6 days ago

Delhi Police are actively investigating the alleged gang-rape of a 16-year-old girl on a sleeper bus, mapping the vehicle's route using CCTV footage and mobile data, and uncovering multiple challans issued against the bus for violations, including operating without a permit. Forensic evidence is being processed, and the incident has drawn comparisons to the Nirbhaya case.

Jio Platforms gets Sebi nod to launch India's biggest IPO

Jio Platforms gets Sebi nod to launch India's biggest IPO

Rediff.com28 Aug 2026

Jio Platforms Ltd, the digital services arm of Reliance Industries, has secured Sebi's final observation to launch an initial public offering (IPO) aiming to raise approximately USD 4 billion (Rs 37,700 crore), potentially making it the largest IPO in India's history.

Dabur delivers steady Q1 performance, but volume growth and monsoon worries persist

Dabur delivers steady Q1 performance, but volume growth and monsoon worries persist

Rediff.com4 days ago

Dabur India reported a steady performance in Q1 FY27 with 10.6 per cent year-on-year revenue growth, a 12-quarter high, driven by broad-based gains across India and international businesses. However, volume growth, particularly in beverages due to unseasonal rains, and concerns over monsoon impact on rural demand remain key challenges.

AI Salaries Jump 22% In 2 Years

AI Salaries Jump 22% In 2 Years

Rediff.com4 days ago

'Companies are getting selective about what they pay a premium for.'

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com10 hours ago

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

India's Biggest Stock Market Booms And Busts

India's Biggest Stock Market Booms And Busts

Rediff.com6 days ago

'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'

NVIDIA's Strategic Move: Acquiring Hugging Face To Boost AI Ecosystem

NVIDIA's Strategic Move: Acquiring Hugging Face To Boost AI Ecosystem

Rediff.com4 days ago

NVIDIA has acquired AI startup Hugging Face for USD 12.9 billion, aiming to scale its platform, strengthen infrastructure, and expand AI access for developers and institutions globally while maintaining an open ecosystem.

Delhi University And AMD Collaborate To Train 10,000 Students In AI

Delhi University And AMD Collaborate To Train 10,000 Students In AI

Rediff.com4 days ago

The University of Delhi and semiconductor major AMD have signed a Memorandum of Understanding (MoU) to train up to 10,000 students and faculty in industry-relevant artificial intelligence skills over the next year. This collaboration will provide access to AMD's AI Engage Developer Programme, including its open-source ROCm AI software platform, learning resources, and developer GPU cloud credits, aiming to foster indigenous AI capabilities and bridge the gap between academia and industry.

How NVIDIA's Hugging Face Acquisition Will Shape Open AI

How NVIDIA's Hugging Face Acquisition Will Shape Open AI

Rediff.com4 days ago

NVIDIA has acquired AI startup Hugging Face for USD 12.9 billion, aiming to scale its platform, strengthen infrastructure, and expand access to AI for developers and institutions worldwide while maintaining an open ecosystem.

Tempsens Instruments Makes Blockbuster Debut, Shares Zoom Over 111%

Tempsens Instruments Makes Blockbuster Debut, Shares Zoom Over 111%

Rediff.com28 Aug 2026

Shares of temperature sensing and heating solutions provider Tempsens Instruments (India) Ltd listed with a massive premium of over 111 per cent against its issue price of Rs 300, reaching a market valuation of Rs 4,934.81 crore.

'Bigger Attacks Always Compromise Humans Than Systems'

'Bigger Attacks Always Compromise Humans Than Systems'

Rediff.com26 Aug 2026

Cybersecurity specialists warn AI-driven attacks require continuous threat monitoring instead of periodic security checks.

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

Rediff.com3 days ago

The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.

No proof, no case: HC drops plea against Rahul's Indian citizenship

No proof, no case: HC drops plea against Rahul's Indian citizenship

Rediff.com4 days ago

The Lucknow bench of the Allahabad High Court has dismissed a writ petition challenging Congress leader Rahul Gandhi's Indian citizenship. The petitioners failed to provide concrete evidence to support their claim that Gandhi is a British citizen, leading to the withdrawal of the plea.

AI Giants Unveil Advanced Models, Raising Critical Safety Questions

AI Giants Unveil Advanced Models, Raising Critical Safety Questions

Rediff.com4 days ago

OpenAI, Anthropic, and Google have unveiled new AI models with enhanced capabilities, including advanced cybersecurity and coding. OpenAI's Astra model achieved a 'Critical' cybersecurity tier, but its novel architecture, using "recurrent depth," has sparked significant safety concerns among researchers who fear it makes monitoring the model's reasoning more difficult. Anthropic and Google also introduced new models and features, further advancing AI technology while the debate over responsible development intensifies.

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

Rediff.com27 Aug 2026

Sources clarify that the NCLT's approval of a repayment plan for Essel Group founder Subhash Chandra does not signify a 99.97 per cent write-off of Rs 22,000 crore in bank loans, as the figure represents claims against him as a personal guarantor, not debt personally borrowed.

Indian engineer detained in Russia; forcible military recruitment alleged

Indian engineer detained in Russia; forcible military recruitment alleged

Rediff.com1 hour ago

An Indian woman has alleged that Russian police detained her husband in Moscow and pressured him to join the Russian army. The Indian Embassy has sought consular access, while India continues efforts to secure the return of its nationals recruited into Russian forces.

New AI Models From Tech Giants Raise Safety Concerns

New AI Models From Tech Giants Raise Safety Concerns

Rediff.com5 days ago

Leading technology companies OpenAI, Anthropic, and Google have announced new AI models with advanced capabilities, including OpenAI's Astra reaching a "Critical" cybersecurity tier. However, these advancements have ignited a significant debate among safety researchers and netizens, particularly concerning the transparency and monitorability of OpenAI's novel "recurrent depth" architecture.

BJP Faces West Bengal Investment Test

BJP Faces West Bengal Investment Test

Rediff.com12 hours ago

West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.

Tata Motors Passenger Vehicles rebrands as TATA.CARS to attract younger buyers

Tata Motors Passenger Vehicles rebrands as TATA.CARS to attract younger buyers

Rediff.com27 Aug 2026

Tata Motors Passenger Vehicles Ltd (TMPV) has launched its new brand identity, TATA.CARS, aiming to appeal to a younger demographic with a focus on smarter, greener, and more connected mobility experiences.

Tata Elxsi To Power Sarla Aviation's Innovative Shunya Air Taxi

Tata Elxsi To Power Sarla Aviation's Innovative Shunya Air Taxi

Rediff.com6 days ago

Tata Elxsi has partnered with Sarla Aviation to develop the Shunya air taxi platform. Tata Elxsi will provide engineering support for avionics, software integration, and certification, while Sarla Aviation will lead the design and type certification of the electric vertical take-off and landing (VTOL) aircraft.

Tempsens Instruments India sets new record for mainboard IPO listing gains in CY26

Tempsens Instruments India sets new record for mainboard IPO listing gains in CY26

Rediff.com29 Aug 2026

Tempsens Instruments India has emerged as the strongest mainboard IPO debutant of calendar year 2026 so far, delivering a 95.55 per cent gain on its listing day, surpassing all previous top performers and contributing to August being the strongest month for listing gains this year.

'This Is Where Investors Will Make Money'

'This Is Where Investors Will Make Money'

Rediff.com4 days ago

'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'

'Illegal' UP mosque razed amid heavy police deployment

'Illegal' UP mosque razed amid heavy police deployment

Rediff.com2 days ago

An 'illegally' constructed mosque within the Saharanpur district collectorate complex was demolished following a court order, drawing strong condemnation from opposition parties who accused the government of engaging in 'politics of hate' and undermining social harmony.

Roads flooded, drones carry the dead home in Nepal

Roads flooded, drones carry the dead home in Nepal

Rediff.com5 days ago

In flood-ravaged Nepal, drones are playing an unprecedented role in disaster response, from airlifting bodies from inaccessible areas to delivering essential supplies and searching for trapped workers. This innovative use of UAVs is transforming humanitarian aid and rescue operations in the challenging Himalayan terrain.

India Inc Sees Fastest Revenue Growth in 15 Quarters

India Inc Sees Fastest Revenue Growth in 15 Quarters

Rediff.com24 Aug 2026

Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.

Indian-Developed Robotic Surgery System Expands Access To Specialised Care

Indian-Developed Robotic Surgery System Expands Access To Specialised Care

Rediff.com6 days ago

Robotic surgery is poised to transform healthcare in Delhi, expanding access to specialised expertise through the Indian-developed SSI Mantra system. Delhi is emerging as a hub for advanced surgical care, with successful implementations at Rajiv Gandhi Cancer Institute, including pioneering telesurgery. This technology aims to make robotic surgery more accessible and sustainable, fostering an ecosystem for training and innovation.

What Subhash Chandra Hopes For...

What Subhash Chandra Hopes For...

Rediff.com7 days ago

Subhash Chandra hoped that the lenders would discuss the matter with the borrowers, reconcile the outstanding accounts, and get paid by the borrowers.

Karnataka Government Partners With ElevenLabs For AI-Powered Citizen Services

Karnataka Government Partners With ElevenLabs For AI-Powered Citizen Services

Rediff.com27 Aug 2026

The Karnataka government is collaborating with ElevenLabs to explore pilot projects using voice AI across various sectors including skilling, investment promotion, healthcare, culture, and citizen services. This initiative aims to leverage advanced AI to enhance accessibility and efficiency of government services, with a strong focus on responsible AI use and safeguards against misinformation.

Indian IT Firms Spend $1.1 Billion To Strengthen STEM Pipeline In US

Indian IT Firms Spend $1.1 Billion To Strengthen STEM Pipeline In US

Rediff.com26 Aug 2026

Nasscom said while the visa programme has been used by companies to address the skill gap in the US by bringing in foreign employees, the number of H-1B employees from Indian companies have come down substantially over the last decade.

OpenAI, Anthropic, Google Launch Advanced AI Models, Sparking Debate On Monitoring And Security

OpenAI, Anthropic, Google Launch Advanced AI Models, Sparking Debate On Monitoring And Security

Rediff.com4 days ago

Leading global technology companies OpenAI, Anthropic, and Google have introduced new AI models with enhanced capabilities, including advanced cybersecurity and coding. However, these releases have ignited significant debate among researchers regarding the transparency and monitorability of AI reasoning, particularly concerning OpenAI's Astra model and its "recurrent depth" architecture.