News for 'IT companies'

Indian Two-Wheeler Makers Post Robust May Sales Driven by Domestic Demand, Exports

Indian Two-Wheeler Makers Post Robust May Sales Driven by Domestic Demand, Exports

Rediff.com3 Jun 2026

India's leading two-wheeler manufacturers experienced significant growth in May, propelled by strong domestic demand for premium motorcycles and scooters, channel inventory replenishment, and a recovery in export markets.

'Too early to assess impact of gold curbs'

'Too early to assess impact of gold curbs'

Rediff.com27 May 2026

Titan will continue investments, even as it notes it is too early to assess how customer sentiment and store footfalls will be impacted by the Prime Minister's appeal to reduce gold consumption and the recent hike in import duty.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com20 May 2026

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

'Loneliness Is An Epidemic'

'Loneliness Is An Epidemic'

Rediff.com1 Jun 2026

Loneliness can engulf people at different stages in their lives. Weighing in on their lonely state of mind are three people -- a soul-searching Gen Z stage actress, Malikka Advani; a beleaguered big-tech employee in his 40s, Vinod Patel; and a confidence-exuding business writer, Maya Lalchandani -- who reveal the different methods they employ to tackle this emotion.

8 arrested after attack on ED team raiding Pinarayi Vijayan's house

8 arrested after attack on ED team raiding Pinarayi Vijayan's house

Rediff.com28 May 2026

Kerala Police have arrested eight people in connection with the violent attack on Enforcement Directorate officials who raided the residence of former Chief Minister Pinarayi Vijayan. The investigation is ongoing, and more individuals involved in the violence have been identified.

TVS Venu Group to bolster financial services presence with Jana SFB stake

TVS Venu Group to bolster financial services presence with Jana SFB stake

Rediff.com19 May 2026

TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.

'We Are Buying Russian Oil Even Now'

'We Are Buying Russian Oil Even Now'

Rediff.com27 May 2026

India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com18 May 2026

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

TVS Motor Inducts Ravindran Shanmugam As Independent Director

TVS Motor Inducts Ravindran Shanmugam As Independent Director

Rediff.com14 May 2026

TVS Motor Company has appointed Ravindran Shanmugam, a technology entrepreneur and business leader, as an independent director for a five-year term, effective May 13, subject to shareholder approval.

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

Stock markets today: Sensex, Nifty tank as US-Iran uncertainty, crude oil prices weigh on investor sentiment

Stock markets today: Sensex, Nifty tank as US-Iran uncertainty, crude oil prices weigh on investor sentiment

Rediff.com3 Jun 2026

Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.

Customs Agent Sentenced In Import Duty Evasion Case

Customs Agent Sentenced In Import Duty Evasion Case

Rediff.com21 May 2026

A court in Mumbai sentenced a customs clearing agent to two years' imprisonment in four cases of import duty evasion, while acquitting three others due to flawed investigation by the CBI.

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Rediff.com3 Jun 2026

The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.

Dragon: 10 Reasons Why We Are Excited For Jr NTR's Next

Dragon: 10 Reasons Why We Are Excited For Jr NTR's Next

Rediff.com25 May 2026

Prashanth Neel's Dragon promises a sprawling mass action spectacle with its gritty world-building, intriguing historical backstory, and Jr NTR's ferocious transformation as 'Luger'.

Manufacturing Sector Sees Strong Growth in May, Driven by Domestic Demand and Infrastructure

Manufacturing Sector Sees Strong Growth in May, Driven by Domestic Demand and Infrastructure

Rediff.com1 Jun 2026

India's manufacturing sector activity reached a three-month high in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0, driven by robust domestic demand, infrastructure projects, and new business gains despite ongoing inflationary pressures.

Kerala Police Arrests 12 Over Attack On ED Officials

Kerala Police Arrests 12 Over Attack On ED Officials

Rediff.com28 May 2026

Kerala Police have arrested 12 people in connection with the violent attack on Enforcement Directorate officials who had searched the residence of former Kerala Chief Minister Pinarayi Vijayan. The ED searches were linked to financial dealings between Vijayan's daughter's firm and a sand mining company.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

Mumbai Couple Held In Rs 31 Crore Investment Scam

Mumbai Couple Held In Rs 31 Crore Investment Scam

Rediff.com21 May 2026

Faridabad police have arrested a husband and wife from Mumbai for allegedly defrauding people of approximately Rs 31 crore through fraudulent investment schemes in forex trading and film production.

More than 300 booked over attack on ED officials in Kerala

More than 300 booked over attack on ED officials in Kerala

Rediff.com27 May 2026

Kerala Police have booked approximately 300 individuals following an alleged attack on Enforcement Directorate officials and security personnel after a raid linked to former Kerala Chief Minister Pinarayi Vijayan.

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

Rediff.com27 May 2026

Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.

Salim Kumar's 10 Funniest Characters

Salim Kumar's 10 Funniest Characters

Rediff.com8 Jun 2026

From Manavalan to Kannan Srank, a tribute to the unforgettable Salim Kumar who made generations of Malayalis laugh with his signature humour.

Faridabad Woman Found Dead; Family Alleges Murder

Faridabad Woman Found Dead; Family Alleges Murder

Rediff.com1 Jun 2026

A woman was found dead at her home in Faridabad, with her family alleging murder by her husband, his alleged lover, and his parents. Police have registered a case and are investigating the matter.

Large Codeine Cough Syrup Consignment Seized In Uttar Pradesh

Large Codeine Cough Syrup Consignment Seized In Uttar Pradesh

Rediff.com31 May 2026

Authorities in Uttar Pradesh's Gonda district have seized a large consignment of codeine-based cough syrup, prompting an investigation into its procurement and intended distribution. The seizure led to a halt in sales as officials examine records and supply chain details to verify the legality of the transaction.

Faridabad Woman Found Dead; Family Alleges Murder

Faridabad Woman Found Dead; Family Alleges Murder

Rediff.com1 Jun 2026

A woman was found dead at her home in Faridabad, with her family alleging murder by her husband, his alleged lover, and his parents. Police have registered a case and are investigating the matter.

Bengaluru Cyber Command Busts Fake US Call Centre Racket

Bengaluru Cyber Command Busts Fake US Call Centre Racket

Rediff.com21 May 2026

The Karnataka State Cyber Command has uncovered a fake call centre racket operating in Bengaluru, where individuals impersonated a US-based accounting firm to defraud US citizens.

Petrol, diesel price hiked for 3rd time in 10 days

Petrol, diesel price hiked for 3rd time in 10 days

Rediff.com23 May 2026

Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.

How Bengaluru Will Use AI To Manage Water Better

How Bengaluru Will Use AI To Manage Water Better

Rediff.com1 Jun 2026

The Bangalore Water Supply and Sewerage Board (BWSSB) is set to explore the use of AI, predictive analytics, and robotic inspection technologies to detect water theft, reduce leakages, and improve operational efficiency across Bengaluru's water distribution network.

Rajasthan Raid Uncovers Thousands Of Litres Of Adulterated Ghee

Rajasthan Raid Uncovers Thousands Of Litres Of Adulterated Ghee

Rediff.com30 May 2026

Authorities in Udaipur, Rajasthan, seized approximately 18,000 litres of suspected adulterated ghee and yellow food colour during a raid on a dairy farm. The raid was prompted by complaints of food adulteration and product quality. Samples have been sent for testing, and the sale and distribution of the seized ghee have been banned.

June's OTT Watchlist: Dhurandhar 2, Raja Shivaji, Maa Behen

June's OTT Watchlist: Dhurandhar 2, Raja Shivaji, Maa Behen

Rediff.com3 Jun 2026

It's going to be a busy month on OTT as several series and original movies get ready for release. June's OTT guide also includes quite a few digital premieres of theatrical releases.

India, Venezuela vow long-term energy tie-up

India, Venezuela vow long-term energy tie-up

Rediff.com4 Jun 2026

India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.

Why Modi Wouldn't Bother Targeting CPI(M), Explained

Why Modi Wouldn't Bother Targeting CPI(M), Explained

Rediff.com27 May 2026

BJP leader V Muraleedharan dismisses claims that Prime Minister Narendra Modi would strike a deal with the Congress to target the CPI(M), stating Modi has 'better things to do'. He also questioned Kerala CM Pinarayi Vijayan's concern over ED raids if he has done nothing wrong.

How TCS Plans To Become The Top AI Services Firm

How TCS Plans To Become The Top AI Services Firm

Rediff.com16 May 2026

TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Rediff.com17 May 2026

Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

Maruti Suzuki Hikes Car Prices From June

Maruti Suzuki Hikes Car Prices From June

Rediff.com22 May 2026

'With inflationary pressures now at elevated levels and the adverse cost environment persisting, the company has to pass on a portion of the increased costs to the market, while continuing to ensure that the impact on customers is kept to the minimum extent possible.'

Banks Push Loans Against Mutual Funds

Banks Push Loans Against Mutual Funds

Rediff.com4 Jun 2026

LAMF allows investors to access liquidity while staying invested.

Army's Rocket System Gets A Boost

Army's Rocket System Gets A Boost

Rediff.com22 May 2026

Loitering munitions, often described as 'suicide drones' or 'kamikaze drones', are becoming central to modern warfare because of their ability to hover over target areas, identify threats and strike with high precision.

Jaipur Farmers Summoned In Land Fraud Investigation

Jaipur Farmers Summoned In Land Fraud Investigation

Rediff.com31 May 2026

The Enforcement Directorate has summoned several farmers in Jaipur as part of an investigation into alleged money laundering and fraudulent land aggregation involving real estate developers.