News for 'IT firms'

GDP data, crude oil prices, US jobs report to dictate market trends

GDP data, crude oil prices, US jobs report to dictate market trends

Rediff.com30 Aug 2026

Analysts predict that the Indian stock market's sentiment this week will be primarily influenced by the domestic GDP data announcement, crude oil prices, and the crucial US non-farm payrolls report.

TN ruling partners form new alliance ahead of key bypolls, Vijay to lead

TN ruling partners form new alliance ahead of key bypolls, Vijay to lead

Rediff.com10 Sep 2026

Tamil Nadu's ruling TVK and its post-poll allies have officially named their front the "Secular Social Justice Victory" alliance, with Chief Minister C Joseph Vijay elected as its leader. The alliance, which includes Congress, VCK, and IUML, is preparing for upcoming bypolls on October 6, which will serve as an initial test of its strength. Leaders emphasised the alliance's ideological foundation rooted in secularism and social justice, aiming to protect constitutional values and oppose communal forces.

The High Cost Of Defending The Rupee

The High Cost Of Defending The Rupee

Rediff.com10 Sep 2026

The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Rediff.com25 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.

Infantino on course to survive FIFA vote as opponents explore new battle plan

Infantino on course to survive FIFA vote as opponents explore new battle plan

Rediff.com10 Sep 2026

Infantino appears to have enough global support to secure re-election, forcing opponents without a credible challenger to consider shifting from defeating him to curbing presidential powers.

Semwal, Rathi Advance In Maharashtra State Open Squash

Semwal, Rathi Advance In Maharashtra State Open Squash

Rediff.com29 Aug 2026

Top seed Om Semwal outplayed Vir Beri, while Aarav Rathi also secured an easy victory in their respective matches at the 49th Bombay Gymkhana Maharashtra State Open Squash Tournament, advancing to the next rounds.

Tiafoe Keeps American Hopes Of Men's Champion Alive At US Open

Tiafoe Keeps American Hopes Of Men's Champion Alive At US Open

Rediff.com3 Sep 2026

American tennis star Frances Tiafoe defeated Japanese qualifier Rei Sakamoto in straight sets (6-3, 7-6(2), 7-5) to secure his spot in the third round of the U.S. Open. Tiafoe, a leading American contender, is aiming to end a 23-year drought for a home men's champion at the tournament, feeding off the energy of the partisan crowd.

'Sound during Hindu festivals....': Maha ministers clash over DJ sound

'Sound during Hindu festivals....': Maha ministers clash over DJ sound

Rediff.com6 Sep 2026

Maharashtra ministers are divided over the use of high-decibel DJ systems during Hindu festivals. While Minister Yogesh Kadam asserts that festival sound will not be stopped, his colleagues Sanjay Shirsat and Meghana Bordikar advocate for adherence to noise pollution norms, with Bordikar citing a personal tragedy. Chief Minister Devendra Fadnavis has also called for a return to traditional celebrations and a consensus on restricting DJ systems.

BRICS summit: Delhi hotels fully booked, rates soar

BRICS summit: Delhi hotels fully booked, rates soar

Rediff.com8 Sep 2026

Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.

'Sexism at Its Finest': Powerlifter Keyaa Banerji Breaks Silence On Online Harassment

'Sexism at Its Finest': Powerlifter Keyaa Banerji Breaks Silence On Online Harassment

Rediff.com8 Sep 2026

Indian powerlifter Keyaa Kunal Banerji has spoken out about the severe online harassment and sexualisation she endured following her silver medal win at the 2026 IPF World Sub-Junior & Junior Classic Powerlifting Championships.

The Sashidhar Jagdishan years at HDFC Bank: Crisis, merger, and scrutiny

The Sashidhar Jagdishan years at HDFC Bank: Crisis, merger, and scrutiny

Rediff.com8 Sep 2026

Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has announced his decision not to seek reappointment and will retire at the end of his current term on October 26, concluding a six-year tenure marked by significant regulatory and governance challenges, including RBI restrictions, a major merger, and scrutiny over alleged illegal payments.

Government Bats On Front Foot For Defence Exports

Government Bats On Front Foot For Defence Exports

Rediff.com31 Aug 2026

The reforms, undertaken by the Department of Defence Production, remove stakeholder consultation for exports of non-lethal defence items to most destinations, while retaining safeguards for sensitive countries.

Take a decision: SC raps Odisha over Dara Singh's remission plea

Take a decision: SC raps Odisha over Dara Singh's remission plea

Rediff.com8 Sep 2026

The Supreme Court has expressed strong displeasure with the Odisha government for delaying a decision on the remission plea of Ravindra Pal alias Dara Singh, who is serving a life sentence for the 1999 murder of Australian missionary Graham Stuart Staines and his two sons. The court has directed the state to make a decision by September 17, warning of summoning officials if the delay persists. Singh, incarcerated for over 26 years, seeks premature release based on his time served and a 2022 state policy.

'Dhoni told me that he won't play as Impact Player in IPL 2027'

'Dhoni told me that he won't play as Impact Player in IPL 2027'

Rediff.com3 Sep 2026

Mahendra Singh Dhoni has reportedly informed Subramaniam Badrinath that he will not play as an Impact Player in the IPL, preferring to continue as a full-time wicketkeeper if he plays.

Federer makes emotional return to Flushing Meadows for US Open exhibition

Federer makes emotional return to Flushing Meadows for US Open exhibition

Rediff.com25 Aug 2026

Tennis legend Roger Federer is set to make an emotional return to Flushing Meadows for an exhibition event, providing a long-awaited farewell to his fans at the US Open, an event he once dominated with five consecutive wins.

Haryana clinch 16th Junior Women's National Hockey Championship

Haryana clinch 16th Junior Women's National Hockey Championship

Rediff.com23 Aug 2026

Haryana defeated Jharkhand 2-1 to win the 16th Hockey India Junior Women National Championship. Madhya Pradesh secured third place by beating Chhattisgarh 3-1 in the bronze medal match. Haryana made a strong comeback after conceding an early goal, with Bhavya and Khushi scoring to secure their victory.

DMK MLAs evicted from TN assembly after ruckus over Vijay's remarks

DMK MLAs evicted from TN assembly after ruckus over Vijay's remarks

Rediff.com8 Sep 2026

The Tamil Nadu assembly descended into chaos, leading to the eviction of DMK MLAs, as they vehemently protested Chief Minister C Joseph Vijay's statements.

Chirag Paswan rejects 'elder brother' claim by Swatantra Bhardwaj

Chirag Paswan rejects 'elder brother' claim by Swatantra Bhardwaj

Rediff.com4 Sep 2026

Union Minister Chirag Paswan has pledged to ensure justice for Nishu Azad's father, who was severely injured during protests at Jantar Mantar. Paswan has filed a formal complaint against Hindutva influencer Swatantra Bhardwaj, who allegedly assaulted Azad's father and boasted about it, claiming political connections. Bhardwaj has since been detained. Paswan also called for an investigation into molestation allegations against a state minister from his party.

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Rediff.com8 Sep 2026

Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.

Ellora's Magnificent Kailasa Temple

Ellora's Magnificent Kailasa Temple

Rediff.com10 Sep 2026

The magnificent Kailasa temple stands as a testament to ancient Indian engineering and artistic brilliance, carved meticulously from a single mountain.

Indian Equities Extend Losing Streak as Sensex Tumbles 417 Points

Indian Equities Extend Losing Streak as Sensex Tumbles 417 Points

Rediff.com3 Sep 2026

Indian benchmark equity indices extended their losing streak for a fourth consecutive day, with the Sensex tumbling 417 points due to rising crude oil prices and a significant sell-off in IT stocks, impacting overall investor sentiment.

Why Sindarov Is Delaying World Championship Preparations

Why Sindarov Is Delaying World Championship Preparations

Rediff.com4 Sep 2026

Uzbek chess prodigy Javokhir Sindarov, set to challenge D Gukesh for the world crown, reveals he will only begin preparations for the highly anticipated match after competing in the Global Chess League and the Chess Olympiad this month, maintaining focus on immediate tournaments.

SC rejects Aravalli panel extension, sticks to Nov 30 deadline

SC rejects Aravalli panel extension, sticks to Nov 30 deadline

Rediff.com7 Sep 2026

The Supreme Court has rejected a High-Powered Committee's request for a six-month extension to submit its report on the definition and protection of the Aravalli Hills, directing the panel to submit it by November 30. The court warned of reconstituting the committee if it fails to meet the deadline and emphasised the need for issue-specific interim reports. This decision follows a previous controversy over the Aravalli definition and mining regulations.

OpenAI launches GPT-6 Astra, calls it 'world's most intelligent' AI model

OpenAI launches GPT-6 Astra, calls it 'world's most intelligent' AI model

Rediff.com4 Sep 2026

OpenAI has officially launched GPT-6 Astra, hailed as 'the world's most intelligent and aligned model,' designed to excel in computer browsing, software engineering, mathematics, and enterprise workflows, with immediate deployment for select organisations.

Why More Private Invits Are Shifting to Public Listings

Why More Private Invits Are Shifting to Public Listings

Rediff.com7 Sep 2026

At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).

Atletico Madrid CEO: Julian Alvarez will 'never, ever' be sold to Barcelona

Atletico Madrid CEO: Julian Alvarez will 'never, ever' be sold to Barcelona

Rediff.com28 Aug 2026

Atletico Madrid chief executive Miguel Angel Gil Marin has vehemently rejected Barcelona's attempts to sign Julian Alvarez, accusing the Catalan club of dishonesty and stating that the Argentine forward will 'never, ever' be sold to them. This comes after Barcelona's president expressed continued interest in Alvarez.

US Open Photos: Khachanov overwhelms third seed Auger-Aliassime after dramatic turnaround

US Open Photos: Khachanov overwhelms third seed Auger-Aliassime after dramatic turnaround

Rediff.com4 Sep 2026

Karen Khachanov stunned third seed Felix Auger-Aliassime after losing the opening-set tiebreak, dominating the next three sets with powerful serving and relentless pressure to reach round three.

Duleep Trophy Final: Ishan Kishan smashes ton as East Zone dominate Day 1

Duleep Trophy Final: Ishan Kishan smashes ton as East Zone dominate Day 1

Rediff.com6 Sep 2026

Ishan Kishan's unbeaten century put East Zone firmly in control as they ended Day 1 of the Duleep Trophy final on 385/4.

Recipe: Chocolate Hazelnut Bark

Recipe: Chocolate Hazelnut Bark

Rediff.com27 Aug 2026

A sweet treat that pairs the smooth flavour of chocolate with the crunchy texture of hazelnuts.

OpenAI, Anthropic, Google Launch Advanced AI; Astra Sparks Monitoring Concerns

OpenAI, Anthropic, Google Launch Advanced AI; Astra Sparks Monitoring Concerns

Rediff.com2 Sep 2026

OpenAI, Anthropic, and Google have introduced new AI models with enhanced capabilities. OpenAI's Astra model, achieving a 'Critical' cybersecurity tier, has ignited a debate among researchers due to its "recurrent depth" architecture, which some fear makes its reasoning harder to monitor. Anthropic and Google also released new models, focusing on coding, scientific research, and cybersecurity, alongside new image and video AI tools.

Symbiotec Pharmalab shares end over 11% higher after flat debut

Symbiotec Pharmalab shares end over 11% higher after flat debut

Rediff.com1 Sep 2026

Shares of Symbiotec Pharmalab Ltd, a pharma and biotech company, made a muted market debut, listing nearly 1 per cent lower on the BSE against its issue price of Rs 988, but later recovered to trade higher.

OpenAI Chief Scientist Sounds Alarm On Unchecked AI Progress

OpenAI Chief Scientist Sounds Alarm On Unchecked AI Progress

Rediff.com7 Sep 2026

OpenAI's chief scientist, Jakub Pachocki, has issued a stark warning about the accelerating pace of artificial intelligence, stating that "no one is prepared" for its rapid rise and potential consequences. He highlights concerns over autonomous AI agents taking unintended actions and calls for international coordination, voluntary slowdowns, and robust safety measures to ensure human control and alignment with human values as machine intelligence surpasses human capabilities.

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

Rediff.com20 Aug 2026

Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.

Sensex, Nifty Recover Losses as Crude Oil Drops Below $90 a Barrel

Sensex, Nifty Recover Losses as Crude Oil Drops Below $90 a Barrel

Rediff.com25 Aug 2026

Indian benchmark indices, Sensex and Nifty, recovered intraday losses to close higher, driven by late-day buying and a significant decline in Brent crude oil prices, which fell 3 per cent to USD 89.32 per barrel.

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Rediff.com26 Aug 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com28 Aug 2026

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

US launches major probe into H-1B visa fraud, names Indian IT firm

US launches major probe into H-1B visa fraud, names Indian IT firm

Rediff.com9 Jul 2026

The US Department of Labour's Office of the Inspector General has initiated an investigation into alleged fraud in H-1B and PERM work visa programmes. Indian IT firm Cognizant is among the companies under scrutiny for widespread schemes involving fraudulent applications, exploitation of foreign workers, and undercutting American labour. The probe aims to dismantle networks exploiting the guest worker visa system.

ONGC to spend Rs 1 trillion on deepwater oil exploration

ONGC to spend Rs 1 trillion on deepwater oil exploration

Rediff.com1 Sep 2026

State-run ONGC plans a massive Rs 1 trillion investment in deepwater exploration over the next five years, aiming to drill 87 wells to counter declining domestic crude oil and natural gas production. The company is also establishing a trading firm and its overseas arm, OVL, is pursuing operatorship of assets in Venezuela.

Satwiksairaj And Chirag Shetty Dominate To Enter China Masters Final

Satwiksairaj And Chirag Shetty Dominate To Enter China Masters Final

Rediff.com5 Sep 2026

Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty defeated Malaysia's Nur Mohd Azriyn Ayub and Tan Wee Kiong in a three-game thriller to reach their third China Masters final. The world No. 5 pair showcased tactical brilliance and resilience, overcoming a second-game lapse to secure their spot in the summit clash, where they aim for their second title of the season.

Stock Markets Today: Sensex, Nifty Ride on Blue-chip Stocks

Stock Markets Today: Sensex, Nifty Ride on Blue-chip Stocks

Rediff.com24 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, opened higher on Monday, driven by strong buying in blue-chip stocks like HDFC Bank and Infosys, despite persistent geopolitical tensions and elevated crude oil prices.