News for 'IT companies'

TACC, NUS Join Hands To Advance Material Science

TACC, NUS Join Hands To Advance Material Science

Rediff.com2 Jun 2026

Graphite electrode maker TACC has signed an initial agreement with the Institute for Functional Intelligent Materials to collaborate in the fields of advanced materials science, nanotechnology, and related disciplines.

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

Rediff.com13 Jun 2026

The US Congress has paid tribute to the late Indian-American entrepreneur Sivaramakrishnan Somasegar, known as 'Soma', for his significant contributions to Microsoft and the broader technology sector. Congresswoman Suzan DelBene highlighted his impactful career at Microsoft, his role in fostering new startups, and his community involvement, including co-founding the Seattle Orcas cricket team.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

Rediff.com11 Jun 2026

Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com2 Jun 2026

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Rediff.com28 May 2026

Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.

Lava Bold N2 5G Now On Sale

Lava Bold N2 5G Now On Sale

Rediff.com11 Jun 2026

The Lava Bold N2 5G has gone on sale in India, just a few days after making its debut on June 3, 2026.

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.

CB-CID Takes Over TNPDCL Hard Disk Theft Case

CB-CID Takes Over TNPDCL Hard Disk Theft Case

Rediff.com9 Jun 2026

The investigation into the theft of 34 hard disks from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) headquarters in Chennai has been transferred to the CB-CID. Police have arrested a contract worker and a shop owner in Bengaluru, and the stolen hard disks have been retrieved.

TNPDCL Hard Disk Theft: CB-CID Steps In, Two Arrested

TNPDCL Hard Disk Theft: CB-CID Steps In, Two Arrested

Rediff.com9 Jun 2026

The investigation into the theft of 34 hard disks from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) headquarters has been transferred to the CB-CID. Two individuals, including a contract worker and a shop owner, have been arrested, and the stolen hard disks have been recovered.

Fire Causes Google Cloud Outage In Key Indian Metros

Fire Causes Google Cloud Outage In Key Indian Metros

Rediff.com10 Jun 2026

Google Cloud services in major Indian cities like Delhi, Mumbai, and Chennai are experiencing network disruptions and elevated latency due to a fire at a third-party data centre in Delhi. The incident led to an emergency power shutdown, reducing network capacity and causing intermittent latency spikes despite Google's efforts to reroute traffic. The company is investigating further mitigations to restore full service.

Tata Board Meeting Silent On Chandra's Extension

Tata Board Meeting Silent On Chandra's Extension

Rediff.com27 May 2026

The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.

J-K Tightens Rules for Courier Companies to Curb Drug Trafficking

J-K Tightens Rules for Courier Companies to Curb Drug Trafficking

Rediff.com13 Mar 2026

The Jammu and Kashmir government has issued an order regulating courier companies, parcel services, and logistics operators in Jammu district to prevent the transport of contraband substances.

Trent targets 10x revenue milestone, eyes international markets: Noel Tata

Trent targets 10x revenue milestone, eyes international markets: Noel Tata

Rediff.com31 May 2026

Tata Group retail firm Trent, owner of Westside and Zudio, is confident of achieving a ten-fold increase in revenue in the 'not-so-distant future' and plans to take its homegrown brands to international markets, said Chairman Noel N Tata.

Gurugram Man Strangles Wife Over Midnight Phone Call

Gurugram Man Strangles Wife Over Midnight Phone Call

Rediff.com5 Jun 2026

Gurugram police have arrested a man for allegedly strangling his wife to death with a scarf after he suspected her of talking to another man on the phone late at night. The incident occurred in Bans Aliyar village, IMT Manesar, while their four children were asleep.

'Without A Shade Of Doubt BJP Is Behind This'

'Without A Shade Of Doubt BJP Is Behind This'

Rediff.com19 Jun 2026

'It was done with record speed. First, a revolt of the MLAs, which was obviously engineered.' ''No one believed me when I said the MLAs breaking away is not the real issue.' 'It is like a comet. The head doesn't matter, the tail matters.' 'And the tail is Parliament. Suvendu has gifted the prime minister 20 MPs.'

Cognizant Research: Companies Prioritise Custom AI Solutions for Enterprise Value

Cognizant Research: Companies Prioritise Custom AI Solutions for Enterprise Value

Rediff.com11 Mar 2026

Cognizant's research reveals that companies seeking AI adoption favour IT services firms offering custom, full-stack AI solutions, prioritising flexibility and expertise over cost and speed.

NSE IPO: Draft Papers Likely Next Week After Decade-Long Delay

NSE IPO: Draft Papers Likely Next Week After Decade-Long Delay

Rediff.com14 Jun 2026

The National Stock Exchange (NSE) is expected to file its preliminary IPO papers with Sebi next week, marking a significant step forward for the long-awaited public offering which has been delayed for nearly a decade due to regulatory issues.

Gurugram Man Strangles Wife After Phone Call Argument

Gurugram Man Strangles Wife After Phone Call Argument

Rediff.com4 Jun 2026

A man in Gurugram allegedly strangled his wife to death with her scarf following an argument over a phone call, while their four children were asleep. The accused husband has since fled, and police are conducting a manhunt.

Gurugram Man Strangles Wife After Phone Call Argument

Gurugram Man Strangles Wife After Phone Call Argument

Rediff.com4 Jun 2026

A man in Gurugram allegedly strangled his wife to death with her scarf following an argument over a phone call, while their four children were asleep. The accused husband has since fled, and police are conducting a manhunt.

Ola Electric's Q1 Registrations Outpace Q4, Signalling Strong Rebound

Ola Electric's Q1 Registrations Outpace Q4, Signalling Strong Rebound

Rediff.com25 May 2026

Ola Electric is experiencing a significant rebound in the June quarter, with vehicle registrations in Q1 FY27 already exceeding the total registrations for Q4 FY26, indicating a strong recovery in demand.

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Rediff.com28 May 2026

Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.

Can SIPs Help You Live Debt-Free?

Can SIPs Help You Live Debt-Free?

Rediff.com18 Jun 2026

A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan

How Persistent Systems Is Expanding In Eastern Europe

How Persistent Systems Is Expanding In Eastern Europe

Rediff.com1 Jun 2026

Persistent Systems announced an agreement to integrate a team from Concise, a software engineering and IT consulting company, to expand its Eastern European footprint.

IRCTC Deploys AI To Improve Railway Food Hygiene

IRCTC Deploys AI To Improve Railway Food Hygiene

Rediff.com11 Jun 2026

The AI-enabled system detects nine types of errors in the kitchens that are primarily responsible for unhygienic food on trains.

Rs 15k SIP: 'Invest in Flexi-Cap or Mid-Cap MFs?'

Rs 15k SIP: 'Invest in Flexi-Cap or Mid-Cap MFs?'

Rediff.com16 Jun 2026

rediffGURU Ulhas Joshi answers your mutual fund queries.

Odisha Government Acts To Rescue Stranded Workers In Thailand

Odisha Government Acts To Rescue Stranded Workers In Thailand

Rediff.com5 Jun 2026

The Odisha government has begun efforts to rescue five migrant workers from Kendrapada district who are reportedly stranded in Thailand. The workers, who travelled on tourist visas but were employed in a plywood company, claim they are being held against their will, denied wages, and subjected to harassment.

Workplace Harassment Allegations Emerge In TCS Staffer's Suicide Case

Workplace Harassment Allegations Emerge In TCS Staffer's Suicide Case

Rediff.com12 Jun 2026

Police in Pune have registered a case of abetment to suicide against three individuals, including two Tata Consultancy Services (TCS) employees, following the death of a 48-year-old IT staffer. The deceased, Amit Brahme, left a suicide note accusing colleagues of humiliation and a friend of defamation. TCS has acknowledged the allegations and stated it is investigating the matter while extending support to the family.

Workplace Harassment Allegations Emerge In TCS Employee Suicide Case

Workplace Harassment Allegations Emerge In TCS Employee Suicide Case

Rediff.com12 Jun 2026

Police in Pimpri-Chinchwad have registered an abetment to suicide case against three individuals, including two Tata Consultancy Services (TCS) employees, following the death of a 48-year-old IT staffer. The deceased's suicide note accused colleagues of humiliation and a friend of sending defamatory emails, prompting an investigation and a call for inquiry by an IT workers' association.

Workplace Harassment Allegations Emerge In TCS Employee Suicide Case

Workplace Harassment Allegations Emerge In TCS Employee Suicide Case

Rediff.com12 Jun 2026

Police in Pimpri-Chinchwad have registered an abetment to suicide case against three individuals, including two Tata Consultancy Services (TCS) employees, following the death of a 48-year-old IT staffer. The deceased's suicide note accused colleagues of humiliation and a friend of sending defamatory emails, prompting an investigation and a call for inquiry by an IT workers' association.

Why Rahul Gandhi Wants A Probe Into CBSE Exam System

Why Rahul Gandhi Wants A Probe Into CBSE Exam System

Rediff.com27 May 2026

Congress leader Rahul Gandhi has called for an independent judicial probe and a Special Investigation Team (SIT) to investigate alleged irregularities in the CBSE's On-Screen Marking (OSM) system, questioning the awarding of the contract to a firm with a controversial past.

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com27 May 2026

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

HC Relief For Wipro Chairman Azim Premji In Labour Law Case

HC Relief For Wipro Chairman Azim Premji In Labour Law Case

Rediff.com28 May 2026

The Allahabad high court has quashed criminal proceedings against Wipro Chairman Azim Premji and other senior officials in a case related to alleged labour law violations.

The Fragile Truth Behind India's Bull Market

The Fragile Truth Behind India's Bull Market

Rediff.com9 Jun 2026

The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

Rediff.com1 Jun 2026

ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.

Sales Director Arrested For Ramming Traffic Cop In Delhi

Sales Director Arrested For Ramming Traffic Cop In Delhi

Rediff.com13 Jun 2026

A sales director, Md Mubashshir Abbas, has been arrested in New Delhi for allegedly ramming his SUV into a traffic policeman and fleeing the scene after being stopped for a violation. The incident, which occurred on June 10, led to a two-day manhunt by the Crime Branch, who eventually apprehended Abbas from his workplace. He reportedly confessed to intentionally striking the officer to evade checking while running late for work.

Why Rahul Gandhi Wants A Probe Into CBSE Exam Contract

Why Rahul Gandhi Wants A Probe Into CBSE Exam Contract

Rediff.com27 May 2026

Congress leader Rahul Gandhi has called for an independent judicial probe and a Special Investigation Team (SIT) to investigate alleged irregularities in the CBSE's On-Screen Marking (OSM) system, claiming a company with a questionable past was awarded the contract.

India And UK Startup Ecosystems Explore AI Collaboration

India And UK Startup Ecosystems Explore AI Collaboration

Rediff.com2 Jun 2026

A delegation of Indian startup founders and leaders visited the UK to explore collaborations in artificial intelligence and technology, aiming to strengthen the India-UK innovation corridor.

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Rediff.com16 Jun 2026

Maharashtra BJP MLC Pravin Darekar announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, aiming to counter private aggregators and benefit drivers directly, but the scheme has drawn sharp criticism from social activist Anjali Damania and the Opposition Congress over the proposed use of Mumbai Bank funds and its political branding.

Gurugram Man Dies By Suicide Over Live-in Relationship Discovery

Gurugram Man Dies By Suicide Over Live-in Relationship Discovery

Rediff.com8 Jun 2026

A 19-year-old man in Gurugram allegedly died by suicide after his family discovered he was in a live-in relationship. Vishal, who lived with a woman in a rented accommodation, reportedly experienced mental stress after the revelation. Police are investigating the incident.