News for 'IT companies'

Sridhar Vembu On Why Zoho Won't Chase AI Investment Bubble

Sridhar Vembu On Why Zoho Won't Chase AI Investment Bubble

Rediff.com22 Jun 2026

Zoho Corporation Founder Sridhar Vembu has echoed IBM CEO Arvind Krishna's concerns about a potential "bubble" in the multi-trillion dollar AI data centre build-out. Vembu stated that Zoho will adopt a measured approach, investing in AI capabilities like data curation and compiler infrastructure, but will not chase the current investment spree, contrasting with other global tech giants' massive spending.

Govt cracks whip on Meta over child sexual abuse material on Instagram

Govt cracks whip on Meta over child sexual abuse material on Instagram

Rediff.com5 Jul 2026

The government has issued a stern notice to Meta on Child Sexual Exploitative and Abuse Material (CSEAM) in paid advertisements on Instagram, sources said on Sunday.

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.

Govt investigating reported Tata Electronics data leak

Govt investigating reported Tata Electronics data leak

Rediff.com3 Jul 2026

India's Ministry of Electronics and Information Technology (MeitY) has sought an explanation from WhatsApp regarding its username feature, citing concerns over potential cybercrime facilitation. Concurrently, the ministry is investigating reported data leak allegations involving Tata Electronics, a key supplier for Apple's iPhone components in India. MeitY is also exploring techno-legal solutions for VPNs to address challenges posed by unregistered providers operating from outside India.

Delhi dowry death: 'She hoped earning more would help end abuse'

Delhi dowry death: 'She hoped earning more would help end abuse'

Rediff.com7 Jul 2026

A 28-year-old newlywed Delhi woman, Akriti Sutar, who died after allegedly falling from a building, had hoped that returning to work and earning money would help her gradually end the dowry-related taunts and abuse she faced at her matrimonial home, her brother revealed.

Queen Maxima Praises India's Digital Infrastructure For Financial Health

Queen Maxima Praises India's Digital Infrastructure For Financial Health

Rediff.com23 Jun 2026

Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.

Airbound, Andhra sign MoU to build large-scale drone delivery network

Airbound, Andhra sign MoU to build large-scale drone delivery network

Rediff.com26 Jun 2026

The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Rediff.com22 Jun 2026

Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.

Wimbledon steps up heat measures as London temperatures rise

Wimbledon steps up heat measures as London temperatures rise

Rediff.com3 Jul 2026

With the temperatures set to rise again in London, Wimbledon chiefs and accommodation organisers are making sure that the fans and players have what they need to keep cool.

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

Rediff.com7 Jul 2026

Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.

Mission Aagaman Gets Boost As Vikram-1 Readies For Historic Liftoff

Mission Aagaman Gets Boost As Vikram-1 Readies For Historic Liftoff

Rediff.com3 Jul 2026

'With Vikram-1, we take our biggest step yet towards a reliable, high-cadence launch programme built in India, for India and the world.'

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Rediff.com22 Jun 2026

Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.

Maharashtra Opposition walks out to protest over TET exam paper leak, demands probe

Maharashtra Opposition walks out to protest over TET exam paper leak, demands probe

Rediff.com29 Jun 2026

The Maharashtra legislature witnessed widespread protests as Opposition legislators accused the government of failing to prevent examination paper leaks, including the recent Teacher Eligibility Test (TET) and NEET. Senior leaders alleged links between those behind the leaks and the BJP, demanding a comprehensive investigation into the examination process and government accountability.

'They left my son to die, now they are roaming free': A father's emotional plea

'They left my son to die, now they are roaming free': A father's emotional plea

Rediff.com2 Jul 2026

The grieving parents of Sarthak Mattoo, who died in an alleged hit-and-run incident in southwest Delhi, have made an emotional video appeal for justice, questioning the pace of the police investigation and demanding strict action against those responsible.

Matthew Hayden: ETPL's future lies in developing Europe's next cricket stars

Matthew Hayden: ETPL's future lies in developing Europe's next cricket stars

Rediff.com4 Jul 2026

Matthew Hayden says the European T20 Premier League can establish itself as a talent-development platform for Europe's associate nations, stressing that ETPL's strength lies in creating pathways to global franchise cricket rather than competing with the IPL.

GenAI Talent Shortage Hits India

GenAI Talent Shortage Hits India

Rediff.com29 Jun 2026

GenAI recorded the widest talent gap, followed by AI deployment engineering (72.4 per cent), AI governance (70 per cent), and MLOps (68 per cent).

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.

Apple hikes MacBook, iPad prices by 20-42%

Apple hikes MacBook, iPad prices by 20-42%

Rediff.com26 Jun 2026

Apple has increased the starting prices of MacBook and iPad models by 20-42 per cent compared to their launch prices across the globe, including India, mainly due to higher memory chip costs. The new price list on Apple India's website shows that the company has increased the price of the MacBook Pro built on the M5 series chip by about 20 per cent.

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

Rediff.com17 Jun 2026

Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."

From 'Wonderwall' to K-Pop: The music behind the FIFA World Cup roar

From 'Wonderwall' to K-Pop: The music behind the FIFA World Cup roar

Rediff.com5 Jul 2026

Watching the World Cup and hearing the music in the stadium may have left you wondering - how is that chosen? Is it just coincidence that "Wonderwall" plays after England matches? Are "Freed from Desire" or "Livin' on a Prayer" always played? And why?

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

Rediff.com3 Jul 2026

India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.

FIFA World Cup: Meet Vozinha, The Goalkeeper Who Frustrated Messi

FIFA World Cup: Meet Vozinha, The Goalkeeper Who Frustrated Messi

Rediff.com4 Jul 2026

Cabo Verde, making their FIFA World Cup debut, delivered a memorable performance, reaching the Round of 32 and pushing defending champions Argentina to extra time. Despite a 3-2 defeat, their campaign was marked by resilience, drawing against European champions Spain and two-time world champions Uruguay, and highlighted by the exceptional goalkeeping of 40-year-old Vozinha.

Anthropic Restores Fable 5, Mythos 5 Access After US Lifts Export Controls

Anthropic Restores Fable 5, Mythos 5 Access After US Lifts Export Controls

Rediff.com1 Jul 2026

Artificial intelligence major Anthropic has reinstated access to its Fable 5 and Mythos 5 AI models after the US government lifted export controls imposed due to national security concerns over a "jailbreak" vulnerability. The company has implemented new safeguards and is collaborating with major tech firms to develop a framework for addressing AI model vulnerabilities. India, a significant market for Anthropic, will see Fable 5 available globally, while Mythos 5 access expands under Project Glasswing.

How To Pick Smallcap Funds

How To Pick Smallcap Funds

Rediff.com26 Jun 2026

Investors now have 27 passive smallcap funds to choose from 17 index funds and 10 ETFs.

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

Cognizant CEO Warns Of AI Spending Trap

Cognizant CEO Warns Of AI Spending Trap

Rediff.com15 Jun 2026

'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'

TCS stares at additional $70 mn hit after US Supreme Court declines review in trade secret dispute

TCS stares at additional $70 mn hit after US Supreme Court declines review in trade secret dispute

Rediff.com16 Jun 2026

Tata Consultancy Services (TCS) will make an additional provision of USD 70 million in Q1 FY2027, bringing its total provision to USD 220 million, after the US Supreme Court declined to review a lower court ruling in a trade secrets dispute with Computer Sciences Corporation (now DXC Technology).

FIFA World Cup 2026: Mexico's 'Losers Cafe' serves comfort with every sip

FIFA World Cup 2026: Mexico's 'Losers Cafe' serves comfort with every sip

Rediff.com2 Jul 2026

Amid the sea of green that washed over Mexico City after the country's World Cup victory over Ecuador on Tuesday, one shop defiantly hoisted the Ecuadorian flag and welcomed all the downtrodden fans of Mexico's opponents to a place of refuge. Welcome to the Losers Cafe, a coffee shop in the cosmopolitan neighbourhood of Condesa that is comforting fans of the losing teams.

Razorpay Confidentially Files Draft IPO Documents With SEBI

Razorpay Confidentially Files Draft IPO Documents With SEBI

Rediff.com15 Jun 2026

Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.

L'Oreal signs agreement to acquire majority stake in D2C firm Innovist

L'Oreal signs agreement to acquire majority stake in D2C firm Innovist

Rediff.com19 Jun 2026

L'Oral has announced its acquisition of a majority stake in Innovist, an Indian direct-to-consumer (D2C) personal care company, marking a significant expansion in India's rapidly growing beauty industry.

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Rediff.com19 Jun 2026

Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Rediff.com19 Jun 2026

The Japanese PM's visit to Assam comes amid festering uneasiness in Tokyo about Beijing's assertiveness in the Indo-Pacific region.

How a Kerala medical tourism firm orchestrated an organ trafficking racket

How a Kerala medical tourism firm orchestrated an organ trafficking racket

Rediff.com21 Jun 2026

The Enforcement Directorate has uncovered a sophisticated organ trafficking racket in Kerala, operating under the guise of a medical tourism company. The network exploited financially distressed donors, forging documents and facilitating illegal transplant procedures at major hospitals, leading to arrests and freezing of assets.

WhatsApp enables usernames to chat without sharing phone number

WhatsApp enables usernames to chat without sharing phone number

Rediff.com30 Jun 2026

WhatsApp is introducing an optional username feature, allowing users to connect and chat without needing to share their phone numbers. This privacy-focused update will roll out gradually, enabling users to reserve unique usernames and offering greater control over personal information, especially in group chats or when interacting with businesses.

Petrol, diesel prices in India are unlikely to be cut anytime soon

Petrol, diesel prices in India are unlikely to be cut anytime soon

Rediff.com2 Jul 2026

Despite international crude oil prices falling to a four-month low, retail petrol and diesel prices in India are unlikely to be cut immediately because state-run refiners are still processing costlier crude purchased during the peak of the West Asia crisis, Oil Minister Hardeep Singh Puri said.

Tashi Network, DroneVerse Conduct Groundbreaking Drone Swarm Trial In Delhi

Tashi Network, DroneVerse Conduct Groundbreaking Drone Swarm Trial In Delhi

Rediff.com25 Jun 2026

Tashi Network and DroneVerse successfully conducted a live drone swarm field trial in Delhi, demonstrating advanced autonomous capabilities for defence and internal security. The trial showcased decentralised mesh technology, allowing drone swarms to maintain mission coherence even with communication disruptions, marking a significant step towards India's technological sovereignty in autonomous warfare.

Hero MotoCorp Marks 10 Years Of MotoSports Rally Team, Unveils Future Plans

Hero MotoCorp Marks 10 Years Of MotoSports Rally Team, Unveils Future Plans

Rediff.com22 Jun 2026

Hero MotoCorp celebrated the 10th anniversary of its MotoSports Team Rally, highlighting a decade of achievements in global rally-raid. The event saw the launch of the "India's Next Dakar Hero" programme, a five-year partnership extension with Dakar Rally organisers, and the induction of young Indian racer Shlok Ghorpade, reinforcing the company's commitment to Indian motorsport talent.

Govt restores commercial LPG supplies as West Asia crisis eases

Govt restores commercial LPG supplies as West Asia crisis eases

Rediff.com25 Jun 2026

The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.

EPF Scheme 2026: What's Changed for You?

EPF Scheme 2026: What's Changed for You?

Rediff.com3 Jul 2026

For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.

High Spirits: Liquor Brands Bet On Premium Buzz In Hindi Heartland

High Spirits: Liquor Brands Bet On Premium Buzz In Hindi Heartland

Rediff.com16 Jun 2026

Indian liquor brands are increasingly focusing on Hindi heartland states like Uttar Pradesh, Rajasthan, and Haryana as the next major growth engine for premiumisation, driven by expanding luxury portfolios, craft spirit launches, and upgraded retail experiences, as state governments embrace reforms.