News for 'IT companies'

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com5 days ago

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

Sarla Aviation Secures Design Organisation Approval For Indigenous Electric Air Taxis

Sarla Aviation Secures Design Organisation Approval For Indigenous Electric Air Taxis

Rediff.com10 Aug 2026

Bengaluru-based electric air taxi startup Sarla Aviation has received Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA), a crucial step towards commercial production of its indigenous electric vertical take-off and landing (eVTOL) aircraft. The company also inaugurated its new headquarters and announced partnerships, highlighting India's growing capabilities in advanced aerospace technology.

India Inc's foreign borrowing intent surges to $6 billion in June

India Inc's foreign borrowing intent surges to $6 billion in June

Rediff.com7 Aug 2026

Indian companies, including NBFCs, filed proposals with the RBI to raise $6.08 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in June, marking a significant increase from the previous month.

Shabnam Sinha to succeed Sunil Mittal as Airtel Payments Bank Chairperson

Shabnam Sinha to succeed Sunil Mittal as Airtel Payments Bank Chairperson

Rediff.com17 hours ago

Shabnam Sinha is set to take over as the Chairperson of Airtel Payments Bank for a three-year term starting October 1, 2026, succeeding Sunil Mittal, who concludes his tenure as non-executive Chairman.

GalaxEye Buys StarOps, Expands Space Capabilities

GalaxEye Buys StarOps, Expands Space Capabilities

Rediff.com7 days ago

'From day one, our vision has been to build a company that develops and owns the technologies defining the future of space.'

India's EV Ambitions: MHI Boosts Incentives, Tackles Financing & Manufacturing Hurdles

India's EV Ambitions: MHI Boosts Incentives, Tackles Financing & Manufacturing Hurdles

Rediff.com6 days ago

The Ministry of Heavy Industries (MHI) anticipates disbursing approximately 4,700 crore in incentives under the automotive PLI scheme in FY27, more than double the previous two years, while also exploring financing mechanisms for electric buses and trucks and promoting domestic manufacturing of critical EV components.

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Rediff.com7 Aug 2026

Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.

What went wrong for N Chandrasekharan at Tata Sons

What went wrong for N Chandrasekharan at Tata Sons

Rediff.com6 days ago

N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.

India@80, America@250: Indian diaspora sets Guinness flag record in New York

India@80, America@250: Indian diaspora sets Guinness flag record in New York

Rediff.com1 days ago

Celebrations marking India's 80th Independence Day in the New York tri-state area culminated in a world record, with more than 1,300 US flags surrounded by Indian tricolours arranged to form the number "250", in a tribute to America's semiquincentennial anniversary.

Life After Leak: When Your Data Gets Stolen

Life After Leak: When Your Data Gets Stolen

Rediff.com5 hours ago

A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

Rediff.com6 days ago

Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

Rediff.com1 days ago

As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Rediff.com6 Aug 2026

Milky Mist Dairy Food Ltd has set the price band for its Rs 1,553 crore Initial Public Offering (IPO) at Rs 133-140 per share, with subscriptions opening on August 11 and closing on August 13.

How Ai+ Is Investing Rs 100 Crore To Boost Smartphone Security

How Ai+ Is Investing Rs 100 Crore To Boost Smartphone Security

Rediff.com6 Aug 2026

Indigenous smartphone brand Ai+ has announced a Rs 100 crore bug bounty program over five years, inviting independent researchers to identify and address security vulnerabilities. This initiative, named Project Trust+, aims to foster a collaborative environment with the tech community to enhance the safety and resilience of Ai+ products, reflecting the company's commitment to transparent and collaborative security development.

India Will Become A Leader In Applied AI: Nilekani

India Will Become A Leader In Applied AI: Nilekani

Rediff.com7 Aug 2026

'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'

'Coding Agents Won't Replace Software Engineers'

'Coding Agents Won't Replace Software Engineers'

Rediff.com1 days ago

'It seems unlikely that organisations will be a bunch of individuals who work on their own and there are no teams anymore, because that is not sustainable.'

Building Multiple Layers Health Cover Is A Must

Building Multiple Layers Health Cover Is A Must

Rediff.com1 days ago

Combine a robust base health plan with a super top-up, critical illness cover and a dedicated medical corpus to protect household finances from soaring treatment costs.

Jharkhand scraps JSSC-CGL exam, all tests by TDPL after protests

Jharkhand scraps JSSC-CGL exam, all tests by TDPL after protests

Rediff.com15 hours ago

Jharkhand Chief Minister Hemant Soren has cancelled the JSSC-CGL exam and all tests conducted by outsourced agency TDPL since 2014, following widespread protests by job aspirants over alleged irregularities. An examination reforms committee has been formed, while some protesters continue to demand a CBI probe.

'Chandra Has Taken Right Professional Decision At the Right Time'

'Chandra Has Taken Right Professional Decision At the Right Time'

Rediff.com5 days ago

While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Rediff.com10 Aug 2026

Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.

Jobs, Not Exams, Hold Key To Youth Anger

Jobs, Not Exams, Hold Key To Youth Anger

Rediff.com5 days ago

If the government wishes that protests like the one that took place at Jantar Mantar during the last few weeks should not recur, it must refocus its energies on jobs, not just the examination system, points out A K Bhattacharya.

MiniMines Cleantech Patented For Hybrid Hydrometallurgy

MiniMines Cleantech Patented For Hybrid Hydrometallurgy

Rediff.com6 days ago

MiniMines Cleantech Solutions has secured an Indian patent for its Hybrid Hydrometallurgy technology, which efficiently recovers critical minerals like lithium, cobalt, and nickel from end-of-life lithium-ion batteries and electronic waste. This innovative process, developed in India, supports sustainable battery recycling and strengthens resource security for the nation's growing demand for critical minerals.

SC asks govt to clarify on compensation in case of nuclear accidents

SC asks govt to clarify on compensation in case of nuclear accidents

Rediff.com1 days ago

The Supreme Court has issued a limited notice to the Centre, seeking clarification on whether courts can grant fair compensation under the SHANTI Act in nuclear accidents, despite liability caps. The court also questioned potential conflicts of interest in appointing members to the Atomic Energy Regulatory Body under the Act, following a plea challenging the law's constitutionality.

Tata Sons AGM: Will Chandra's Term Be Renewed?

Tata Sons AGM: Will Chandra's Term Be Renewed?

Rediff.com6 Aug 2026

Just in case the AGM, scheduled At the AGM, if it is held, a shareholders' vote on Chandra's renewal as a director on the Tata Sons board is unlikely but not ruled out.

The Outsider Who Went On To Helm Tata Sons

The Outsider Who Went On To Helm Tata Sons

Rediff.com5 days ago

Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Rediff.com5 days ago

N Chandrasekaran, chairman of Tata Sons, announced he would not seek reappointment when his term ends in February 2027, following a series of departures by senior figures closely associated with former chairman Ratan Tata, including Vijay Singh and Mehli Mistry, amid a deepening power struggle and governance dispute within the Tata Group.

Thane Finance Company Duped With Fake Jewellery

Thane Finance Company Duped With Fake Jewellery

Rediff.com28 May 2026

A finance company in Thane, Maharashtra, has reported being defrauded of Rs 25.96 lakh by five individuals who allegedly mortgaged fake jewellery to obtain loans. Police are investigating the case, which reportedly occurred in 2025.

Chandrasekaran latest among Ratan Tata allies to step down

Chandrasekaran latest among Ratan Tata allies to step down

Rediff.com5 days ago

N Chandrasekaran's decision not to seek reappointment when his term as chairman of Tata Sons ends in February 2027 signals a significant shift in leadership amidst an ongoing power struggle and governance disputes within the Tata Group.

'Best For Investors To Miss India IT Bus'

'Best For Investors To Miss India IT Bus'

Rediff.com10 Aug 2026

'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'

Nandan Nilekani: Why Small Businesses Will Drive India's Job Growth

Nandan Nilekani: Why Small Businesses Will Drive India's Job Growth

Rediff.com6 Aug 2026

Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.

RBI Keeps Tata Sons Waiting

RBI Keeps Tata Sons Waiting

Rediff.com7 Aug 2026

The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

Passenger's pistol 'accidentally' goes off at Varanasi airport; 2 injured

Passenger's pistol 'accidentally' goes off at Varanasi airport; 2 injured

Rediff.com1 days ago

An accidental firing incident occurred at Varanasi's Lal Bahadur Shastri International Airport when a passenger's licensed pistol discharged during security screening, injuring a female security personnel and another individual. Both injured parties have been hospitalised, and legal action is being initiated.

What Went Wrong At Tata Sons After Ratan Tata?

What Went Wrong At Tata Sons After Ratan Tata?

Rediff.com5 days ago

Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.

Churning reels not enough, youth need jobs: Congress slams Modi

Churning reels not enough, youth need jobs: Congress slams Modi

Rediff.com4 Aug 2026

The Congress party has accused the Modi government of creating a "deep crisis" in India's job market due to its "flawed" economic and employment policies. Citing a media report on a 27% decline in new jobs at major companies, the opposition party stated that the government is engaged in "headline management" and "politics of distraction" instead of addressing the youth employment crisis.

How China Shielded Itself From Oil Shock

How China Shielded Itself From Oil Shock

Rediff.com1 days ago

China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.

FSSAI issues notices to 8 food companies over misleading 'healthy' claims

FSSAI issues notices to 8 food companies over misleading 'healthy' claims

Rediff.com14 Jun 2026

The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food business operators, including Emami Healthy & Tasty and Plan B, for using misleading brand names, trade names, and product claims that violate the Food Safety and Standards Act, 2006.

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

Rediff.com8 Aug 2026

Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.

Amit Bhatia-led consortium acquires minority stake in Liverpool football club

Amit Bhatia-led consortium acquires minority stake in Liverpool football club

Rediff.com2 days ago

Premier League club Liverpool FC has finalised a deal to sell a minority equity stake to a consortium led by British-Indian businessman Amit Bhatia.

Passenger Vehicle Dispatches Surge 34.3% in July, Fueling Auto Industry Growth

Passenger Vehicle Dispatches Surge 34.3% in July, Fueling Auto Industry Growth

Rediff.com4 days ago

Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).