News for 'IT firms'

AI provides huge opportunities to Indian firms; won't hurt business: Nasscom

AI provides huge opportunities to Indian firms; won't hurt business: Nasscom

Rediff.com17 Feb 2026

The rapid development of artificial intelligence (AI) globally presents significant opportunities for Indian companies and will not adversely impact their businesses, Nasscom AI head Ankit Bose said on Tuesday.

Jefferies downgrades IT, cuts earnings estimates

Jefferies downgrades IT, cuts earnings estimates

Rediff.com2 days ago

Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Rediff.com1 Feb 2026

India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.

Noida techie death: Real estate firm director arrested

Noida techie death: Real estate firm director arrested

Rediff.com20 Jan 2026

Police on Tuesday arrested the director of a real estate group in connection with the death of a 27-year-old software engineer, whose car had plunged into a water-filled pit at a construction site in Noida's Sector 150, officials said.

Reliance Retail, India's Largest Unlisted Company

Reliance Retail, India's Largest Unlisted Company

Rediff.com1 days ago

Among the fastest-growing companies by revenue were Tata Electronics, which posted a staggering 3,173% CAGR, followed by Tata Passenger Electric Mobility at 904% and JSW One Platforms at 522%.

New Labour Codes Will Hit MSMEs Harder, Say HR Firms

New Labour Codes Will Hit MSMEs Harder, Say HR Firms

Rediff.com21 Jan 2026

For MSMEs the transition could mean higher wage bills and tougher compliance -- unless strong handholding follows reports Auhona Mukherjee.

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com2 days ago

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

Auto firms hope to drive to Europe taking the FTA route

Auto firms hope to drive to Europe taking the FTA route

Rediff.com11 Feb 2026

The India-EU free trade deal could help Indian-made cars enter Europe at lower costs and challenge Chinese dominance.

Why India's Local-First AI Strategy Could Be A Winner

Why India's Local-First AI Strategy Could Be A Winner

Rediff.com18 hours ago

Country's startups are carving a unique path by prioritising local, application-led innovation over the global pursuit of scale.

IDFC First Bank Rs 590-crore fraud: 4 people arrested

IDFC First Bank Rs 590-crore fraud: 4 people arrested

Rediff.com1 days ago

The Anti-Corruption Bureau registered an FIR, while the state government constituted a committee to examine the fraud.

Investor Concerns About IT Stocks Are 'Overblown': HCLTech CEO

Investor Concerns About IT Stocks Are 'Overblown': HCLTech CEO

Rediff.com1 days ago

'When it comes to enterprise context, there is a big lag between how fast technology is evolving and how it is getting deployed at the end of the day. That is where the challenge is going to be.'

Oil PSUs Spent 81% Of FY26 Capex Target

Oil PSUs Spent 81% Of FY26 Capex Target

Rediff.com3 days ago

Of the 1.32 trillion capex target for FY26, State-run oil firms have already spent 1.07 trillion in the first 10 months.

Realty firm chairman C J Roy dies by suicide amid I-T action

Realty firm chairman C J Roy dies by suicide amid I-T action

Rediff.com30 Jan 2026

C J Roy, founder and chairman of real estate firm Confident Group, died by suicide in Bengaluru. The incident occurred amidst ongoing Income Tax searches at his premises. Family alleges pressure from a central agency may have contributed to his death.

AI adoption leading to moderation in entry-level hiring: Report

AI adoption leading to moderation in entry-level hiring: Report

Rediff.com15 Feb 2026

Artificial Intelligence (AI) adoption has led firms to moderate hiring, primarily at the entry-level, according to a report.

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Rediff.com1 days ago

Indian equities on Dalal Street saw volatility. Track Sensex, Nifty50 movement and key market drivers for Feb 25, 2026.

HUL tops sustainability rankings as India Inc deepens ESG focus

HUL tops sustainability rankings as India Inc deepens ESG focus

Rediff.com7 days ago

Hindustan Unilever (HUL) has topped the Perpetual Capital Hurun India Impact 50 - 2026 list with 53.9 points (on the scale of 0-100), reflecting a strong performance across key sustainable development goals (SDGs), including climate, water, circularity, gender and biodiversity.

Akali Dal, Congress Leaders Visit Family of Man Killed in Gurdaspur Encounter

Akali Dal, Congress Leaders Visit Family of Man Killed in Gurdaspur Encounter

Rediff.com5 hours ago

Shiromani Akali Dal leader Bikram Singh Majithia and Congress MLA Sukhpal Singh Khaira visited the family of Ranjit Singh, who was killed in a police encounter in Gurdaspur. Both leaders expressed their support for the family and called for an independent investigation into the incident.

'Won't accept if ICC bows to pressure from BCCI': Bangladesh firm on India boycott

'Won't accept if ICC bows to pressure from BCCI': Bangladesh firm on India boycott

Rediff.com20 Jan 2026

Bangladesh continue to be firm on their stand that they will not travel to India for the upcoming T20 World Cup.

No risk to World Cup fans, says Mexico President

No risk to World Cup fans, says Mexico President

Rediff.com1 days ago

Mexico President Claudia Sheinbaum said on Tuesday there was "no risk" to fans coming to the country for the 2026 FIFA World Cup, after violence erupted following the capture and death of Mexico's most-wanted cartel leader, notably in Jalisco state.

Cristiano Ronaldo secures 25% of Spanish side Almeria

Cristiano Ronaldo secures 25% of Spanish side Almeria

Rediff.com10 hours ago

Cristiano Ronaldo has expanded his footprint in football, securing a 25 percent stake in Spanish second-tier side UD Almeria, representatives confirmed on Thursday.

AI is fast becoming central to how drugs will be discovered

AI is fast becoming central to how drugs will be discovered

Rediff.com1 days ago

Artificial intelligence (AI) is no longer a side conversation for Indian pharma. It is fast becoming central to how drugs will be discovered, made, and supplied. Along with that shift comes a sharper focus on innovation, on the one hand, and quality and trust, on the other.

Relaxed ECB norms may lift foreign borrowings by Indian companies

Relaxed ECB norms may lift foreign borrowings by Indian companies

Rediff.com7 days ago

The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.

'Who will work then?': SC slams freebies culture

'Who will work then?': SC slams freebies culture

Rediff.com7 days ago

The court made the remarks while reviewing a petition from Tamil Nadu Power Distribution Corporation Ltd. regarding free electricity distribution policies.

China sanctions 20 US defence firms over Taiwan arms sales

China sanctions 20 US defence firms over Taiwan arms sales

Rediff.com26 Dec 2025

China has imposed sanctions on 20 US defence firms in response to the Trump administration's approval of a record USD 11.1 billion arms sales package to Taiwan.

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com2 days ago

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com2 days ago

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

'I was born the day India recognised Israel': Modi to Knesset

'I was born the day India recognised Israel': Modi to Knesset

Rediff.com1 days ago

Addressing the Israeli Parliament, the Knesset, Modi offered his deepest condolences to the people of Israel for every life lost in the terrorist attack by Hamas on October 7, 2023.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

Sensex up 174 points on gains in bank, IT stocks

Sensex up 174 points on gains in bank, IT stocks

Rediff.com17 Feb 2026

Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.

English Premier League: Wolves and Sunderland condemn racial abuse of players

English Premier League: Wolves and Sunderland condemn racial abuse of players

Rediff.com3 days ago

Wolverhampton Wanderers and Sunderland have condemned the racial abuse directed at their players on social media following recent Premier League defeats.

Delhi couple arrested for racially abusing neighbors from NE

Delhi couple arrested for racially abusing neighbors from NE

Rediff.com1 days ago

Delhi Police have arrested a woman for allegedly racially abusing and using insulting language against her neighbors from the Northeast in Malviya Nagar.

Shivamogga tense after student's murder, 7 minors held

Shivamogga tense after student's murder, 7 minors held

Rediff.com2 days ago

A 16-year-old student's murder outside a Shivamogga school has ignited community tension, prompting a police investigation and raising concerns about school violence.

Stock Market Today Feb 26, 2026: Sensex, Nifty End Mixed In Volatile Trade

Stock Market Today Feb 26, 2026: Sensex, Nifty End Mixed In Volatile Trade

Rediff.com11 hours ago

Indian equity markets experienced a volatile trading day, with the Sensex and Nifty closing almost flat. Market sentiment was influenced by global cues, US-Iran talks, and profit-booking activities.

Ajit Pawar's son Jay now demands probe into Baramati crash 'lapses'

Ajit Pawar's son Jay now demands probe into Baramati crash 'lapses'

Rediff.com19 Feb 2026

Jay Pawar, son of the late Ajit Pawar, is seeking a thorough investigation into the plane crash that killed his father, citing possible serious lapses and demanding a ban on the aviation company involved.

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Rediff.com1 days ago

Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.

India, Israel upgrade ties to 'strategic partnership'; Modi backs Gaza peace

India, Israel upgrade ties to 'strategic partnership'; Modi backs Gaza peace

Rediff.com4 hours ago

India and Israel have elevated their relationship to a special strategic partnership, focusing on enhanced cooperation in trade, technology, and defense, while also addressing regional peace initiatives.

Gurugram Man Arrested for Hotel Fraud Using Fake Payment App

Gurugram Man Arrested for Hotel Fraud Using Fake Payment App

Rediff.com6 hours ago

A man in Gurugram was arrested for allegedly defrauding a hotel by using a fake payment application to create screenshots of payments totaling Rs 6 lakhs, allowing him to stay for five months without paying.

India backs Gaza peace plan, Modi tells Israeli Knesset

India backs Gaza peace plan, Modi tells Israeli Knesset

Rediff.com1 days ago

Prime Minister Narendra Modi addressed the Israeli Parliament, reaffirming India's support for Israel in the face of terrorism and expressing support for the Gaza peace initiative.

Police Freeze Assets in Cough Syrup Trafficking Case

Police Freeze Assets in Cough Syrup Trafficking Case

Rediff.com5 hours ago

Kanpur police have frozen assets worth Rs 9.5 crore, including properties, vehicles, and bank accounts, as part of an investigation into an interstate racket involved in trafficking codeine-based cough syrups.