News for 'IT firms'

One 97 Communications Subsidiary Gets European Payment Institution Licence

One 97 Communications Subsidiary Gets European Payment Institution Licence

Rediff.com3 Jul 2026

One 97 Communications, operating as Paytm, announced that its subsidiary, Paytm Europe Payments, has secured a payment institution licence from Luxembourg's financial regulator, CSSF, effective July 2, 2026. This licence permits services like execution of payment transactions, credit transfers, and acquiring payment transactions, marking a significant step in Paytm's European expansion strategy, supported by a recent 9 million euro investment from Paytm Cloud Technologies Limited.

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Rediff.com7 Jul 2026

India's markets regulator, Sebi, has reintroduced rules allowing companies to repurchase their own shares through stock exchanges in the open market, effective August 1, 2026. The new framework caps the execution period at 66 working days and aims to enhance flexibility and efficiency for capital allocation.

Ten-man England edge out Mexico to enter World Cup last 8

Ten-man England edge out Mexico to enter World Cup last 8

Rediff.com6 Jul 2026

England defeated Mexico 3-2 in a hard-fought World Cup match to secure their place in the quarter-finals. Despite playing with ten men after Jarell Quansah's red card, goals from Jude Bellingham and Harry Kane ensured England's victory.

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.

TMC leader's son's cafe demolished for encroachment

TMC leader's son's cafe demolished for encroachment

Rediff.com2 Jul 2026

An allegedly illegal cafe, Aranayer Kule, owned by Imran Molla, son of TMC leader Saokat Molla, was demolished in West Bengal's South 24 Parganas district. The demolition followed repeated notices from the district administration regarding the structure's encroachment on Matla river's sandbank, which the family failed to remove.

Shiv Sena corporator, supporters assault doctors inside hospital, booked

Shiv Sena corporator, supporters assault doctors inside hospital, booked

Rediff.com8 Jul 2026

A Shiv Sena corporator, Ramesh Sukrya Mhatre, and five associates have been booked for allegedly assaulting two doctors at a civic-run hospital in Kalyan, Thane, after a family was advised to transfer a newborn due to lack of NICU space. The incident, captured on video, led to widespread outrage and threats of protests from the Indian Medical Association.

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Rediff.com23 Jun 2026

Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.

'Hit them hard again tonight': Trump warns of more strikes on Iran

'Hit them hard again tonight': Trump warns of more strikes on Iran

Rediff.com8 Jul 2026

Hours after US President Donald Trump on Wednesday said that the ceasefire deal with Iran was "over", the US President indicated that Washington could launch another round of strikes against the Islamic Republic, following strikes on Tuesday, saying it had already hit Tehran "very hard" and warning of further attacks.

Champat Rai's resignation accepted, interim general secretary appointed

Champat Rai's resignation accepted, interim general secretary appointed

Rediff.com6 Jul 2026

The Ram temple trust on Monday accepted the resignations of Champat Rai as its general secretary and member Anil Mishra in the wake of embezzlement of donations. Trustee Krishna Mohan has been named as interim general secretary. The Shri Ram Janmabhoomi Teerth Kshetra Trust also announced the formation of a three-member committee to identify a chief executive officer (CEO) for the temple trust.

Eye on China, Modi seals uranium deal with Australia

Eye on China, Modi seals uranium deal with Australia

Rediff.com9 Jul 2026

India and Australia have signed significant agreements covering civil nuclear energy, maritime security, and critical minerals, reinforcing their partnership's role in ensuring a peaceful Indo-Pacific. The pacts facilitate uranium supply from Australia to India and enhance cooperation in defence, cyber, and critical technologies.

BrahMos Missile Gets Lethal Upgrade

BrahMos Missile Gets Lethal Upgrade

Rediff.com1 Jul 2026

The next-generation missile is expected to be substantially smaller and lighter than the current BrahMos, which weighs around 3 tonnes. The reduction in weight could allow fighter aircraft to carry more missiles per sortie, enhancing combat effectiveness.

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

Rediff.com30 Jun 2026

Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

Rediff.com25 Jun 2026

World Cup 2026 is on track to become the biggest betting event in history, with global wagers expected to exceed $50 billion as sportsbooks report record-breaking activity driven by the expanded tournament format and growing legal gambling markets.

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

Rediff.com9 Jul 2026

'Buy on dips, buy on dips and sell on rise.'

India initiates anti-dumping investigations against three Chinese products

India initiates anti-dumping investigations against three Chinese products

Rediff.com25 Jun 2026

India has launched anti-dumping investigations into imports of thermal paper, Biaxially Oriented Polyamide (BOPA) Film, and certain antioxidants from China, following complaints from domestic manufacturers alleging material injury due to cheap imports.

US-Iran Talks, Crude Prices, FII Activity to Dictate Markets

US-Iran Talks, Crude Prices, FII Activity to Dictate Markets

Rediff.com21 Jun 2026

The Indian stock market's movement this week will be significantly influenced by the outcome of US-Iran talks, global crude oil prices, and the trading activities of foreign institutional investors (FIIs), according to market analysts.

CJP protest: Wangchuk loses 6 kg as fast enters 8th day

CJP protest: Wangchuk loses 6 kg as fast enters 8th day

Rediff.com5 Jul 2026

The Cockroach Janta Party's (CJP) protest at the Jantar Mantar in New Delhi, demanding Education Minister Dharmendra Pradhan's resignation and government accountability over alleged examination irregularities, entered its 16th day on Sunday, while it was the eighth day of an indefinite hunger strike announced by climate activist Sonam Wangchuk, who has lost around six kg since beginning the fast.

India's First OptoSAR Mission Ends in Failure

India's First OptoSAR Mission Ends in Failure

Rediff.com7 Jul 2026

While recovery efforts are ongoing, the likelihood of recovery currently appears low.

Stock markets today: Sensex, Nifty Rebound in Early Trade Amid Positive Global Cues

Stock markets today: Sensex, Nifty Rebound in Early Trade Amid Positive Global Cues

Rediff.com1 Jul 2026

Indian benchmark indices, Sensex and Nifty, rebounded in early trade after two days of decline, driven by positive global market trends and strong buying in auto stocks. This recovery follows a robust performance in US markets and a rally in Asian markets, particularly Japan's Nikkei, fueled by AI-driven technology optimism. Track Sensex, Nifty on July 1.

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

Rediff.com17 Jun 2026

AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Rediff.com3 Jul 2026

Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.

'Removed 1.6L India accounts': Meta details crackdown on child abuse content

'Removed 1.6L India accounts': Meta details crackdown on child abuse content

Rediff.com8 Jul 2026

Meta on Tuesday published a detailed blog outlining its efforts to combat child sexual abuse material across its apps, citing AI-powered detection, ad review systems and large-scale enforcement actions, days after the government issued a notice to the social media giant over reports of Instagram advertisements promoting such content.

Exodus continues from AIADMK, 3 former ministers join Vijay's TVK

Exodus continues from AIADMK, 3 former ministers join Vijay's TVK

Rediff.com2 Jul 2026

Three former AIADMK ministers, Dr C Vijayabaskar, M R Vijayabaskar, and M S M Anandan, along with their supporters, have joined the ruling Tamilaga Vettri Kazhagam (TVK), prompting the DMK to label the move as 'washing machine' politics, referencing allegations of corruption against the defectors.

3 killed, 5 missing in massive landslide at Wayanad tunnel site

3 killed, 5 missing in massive landslide at Wayanad tunnel site

Rediff.com7 Jul 2026

A devastating landslide at Kalladi near Meppady in Wayanad, Kerala, has resulted in one death and seven missing individuals at a crucial tunnel road project site, with Chief Minister V D Satheesan attributing the tragedy to contractors' failure to heed warnings about accumulated mud.

Nifty IT Rout: 9 Of 10 Stocks Below 200-DMA

Nifty IT Rout: 9 Of 10 Stocks Below 200-DMA

Rediff.com3 Jul 2026

The Nifty IT index has been one of the worst sectoral performers in calendar year 2026, losing nearly 29 per cent till date compared to the 8 per cent dip in the Nifty 50 index.

Modi-Takaichi Summit Opens New India-Japan Chapter

Modi-Takaichi Summit Opens New India-Japan Chapter

Rediff.com7 Jul 2026

Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.

Stock markets today: Sensex, Nifty tumble as IT stocks plunge Accenture's guidance cut

Stock markets today: Sensex, Nifty tumble as IT stocks plunge Accenture's guidance cut

Rediff.com19 Jun 2026

Indian benchmark indices Sensex and Nifty experienced a significant downturn in early trade, ending a five-day rally, primarily due to heavy selling in IT firms following a revenue growth guidance cut by global consulting giant Accenture.

Diljit Dosanjh's 'Satluj' removed from OTT 2 days after release

Diljit Dosanjh's 'Satluj' removed from OTT 2 days after release

Rediff.com6 Jul 2026

Diljit Dosanjh's film 'Satluj', based on human rights activist Jaswant Singh Khalra, has been made unavailable on ZEE5 in India just two days after its release, following a prolonged censorship battle.

FIFA World Cup: The Billion-Dollar Secret Behind Morocco's Football Boom

FIFA World Cup: The Billion-Dollar Secret Behind Morocco's Football Boom

Rediff.com4 Jul 2026

Morocco's impressive rise in global football is uniquely funded by its vast phosphate reserves, with the state-owned OCP Group investing heavily in national team development. This strategic investment, driven by a royal directive, supports training academies and infrastructure, contributing to the nation's recent successes like reaching the 2022 World Cup semi-finals and hosting the 2025 Africa Cup of Nations. The country's abundant phosphate resources provide a stable economic base for these ambitious sporting endeavours.

FIFA sticks with original kickoff time for Mexico-England showdown

FIFA sticks with original kickoff time for Mexico-England showdown

Rediff.com4 Jul 2026

FIFA is expected to keep the scheduled kickoff for Mexico's World Cup Round of 16 clash against England at the Estadio Azteca despite weather concerns, as the hosts prepare to defend their formidable home record.

23 Oppn parties, including DMK, AAP, write to CJI on SIR

23 Oppn parties, including DMK, AAP, write to CJI on SIR

Rediff.com30 Jun 2026

Twenty-three political parties and an Independent MP have jointly written to Chief Justice Surya Kant regarding the Election Commission's Special Intensive Revision (SIR) process and other election-related issues, a move spearheaded by the INDIA bloc.

'India call-up fulfilment of his dream': Yash Thakur's emotional tribute to late father

'India call-up fulfilment of his dream': Yash Thakur's emotional tribute to late father

Rediff.com7 Jul 2026

Vidarbha pacer Yash Thakur, 27, has received his maiden India call-up for the upcoming T20 International tour of Zimbabwe, a dream he shared with his late father.

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.'

India Set To Introduce Dedicated AI Regulation Framework

India Set To Introduce Dedicated AI Regulation Framework

Rediff.com3 Jul 2026

India's IT Secretary S Krishnan announced that the government is considering a dedicated regulatory framework for Artificial Intelligence, moving beyond existing IT rules to address challenges like deepfakes and synthetic content. This comes as global policymakers grapple with AI's rapid emergence and its implications.

Dubai's Danube targets $4 bn launches in FY27

Dubai's Danube targets $4 bn launches in FY27

Rediff.com6 Jul 2026

Dubai-based Danube Group plans to launch projects with a combined sales potential of approximately $4 billion in fiscal year 2026-27 (FY27), adopting a more selective approach to new developments as the Emirati property market enters a correction phase.

Unified Command To Tackle AI Threats

Unified Command To Tackle AI Threats

Rediff.com3 Jul 2026

'The government has to act as one unit since the threat from these newer models will soon scale up.'

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com27 Jun 2026

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

Stock markets today: Sensex, Nifty rally as crude oil prices decline, IT stocks gain

Stock markets today: Sensex, Nifty rally as crude oil prices decline, IT stocks gain

Rediff.com2 Jul 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in crude oil prices and positive developments on the geopolitical front, alongside strong performance in blue-chip IT stocks. Track Sensex, Nifty on July 2, 2026

Forward Deployed Engineers In High Demand

Forward Deployed Engineers In High Demand

Rediff.com15 Jun 2026

In the first three quarters of 2025, FDE job demand jumped by nearly 800 per cent.

Pak rejects Indus Waters Treaty suspension, says still binding and operative

Pak rejects Indus Waters Treaty suspension, says still binding and operative

Rediff.com1 Jul 2026

Pakistan's Deputy Prime Minister Ishaq Dar stated that the Indus Waters Treaty remains valid and binding, rejecting India's decision to revoke it following a terror attack. He emphasised the treaty's role in regional peace and warned of "profound consequences" if Pakistan is deprived of its allocated waters. PPP chief Bilawal Bhutto Zardari also proposed an international convention against the weaponisation of waterways.