News for 'IT firms'

Lok Sabha passes bill to allow charges on UPI, digital payments

Lok Sabha passes bill to allow charges on UPI, digital payments

Rediff.com6 Aug 2026

The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.

Manush Shah: UTT success provides 'perfect platform' for Asian Games

Manush Shah: UTT success provides 'perfect platform' for Asian Games

Rediff.com10 Aug 2026

India's top paddler Manush Shah believes the Butterfly Ultimate Table Tennis (UTT) campaign has significantly boosted team chemistry and momentum, providing a 'perfect platform' for the upcoming Asian Games.

'Oppn can't dictate': Rijiju amid demand for Shah's statement

'Oppn can't dictate': Rijiju amid demand for Shah's statement

Rediff.com7 Aug 2026

Parliamentary Affairs Minister Kiren Rijiju asserted in Lok Sabha that the Opposition cannot dictate which minister responds to questions, amidst demands for Home Minister Amit Shah to address police action on protesting students. The House faced continuous disruptions, leading to adjournment.

We may apply for universal banking licence within a year

"We may apply for universal banking licence within a year"

Rediff.com13 Aug 2026

Equitas Small Finance Bank (SFB) Managing Director and CEO P N Vasudevan stated, "We may end up applying within a year" for a universal banking licence, while also targeting a nearly threefold increase in advances to Rs 1.2 trillion over the next five years.

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Rediff.com7 Aug 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.

Tamil Nadu assembly adopts resolutions against NEET and FCRA bill

Tamil Nadu assembly adopts resolutions against NEET and FCRA bill

Rediff.com11 Aug 2026

The Tamil Nadu Assembly has adopted crucial resolutions against the National Eligibility cum Entrance Test (NEET) and the Foreign Contribution (Regulation) Amendment Bill, 2026, with the lone BJP member opposing both.

Delhi HC orders winding up of Paytm Payments Bank

Delhi HC orders winding up of Paytm Payments Bank

Rediff.com28 Jul 2026

The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.

Iran rejigs leadership after rare meet between Supreme Leader, President

Iran rejigs leadership after rare meet between Supreme Leader, President

Rediff.com10 Aug 2026

Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.

Vishwanath And Sons Review: A Feel-Good Winner!

Vishwanath And Sons Review: A Feel-Good Winner!

Rediff.com15 Aug 2026

Suriya and Mamitha Baiju light up this warm-hearted family entertainer, even if the film loses some of its spark in the second half.

Tejpal case: HC calls trial court verdict perverse, says perfect victim a myth

Tejpal case: HC calls trial court verdict perverse, says perfect victim a myth

Rediff.com7 Aug 2026

Convicting journalist Tarun Tejpal in a 2013 rape case, the Bombay high court on Thursday termed the trial court's verdict of acquittal as "perverse", and slammed it for falling prey to the notion that a complainant in such cases should be a "perfect victim" and behave in a certain way.

India counters China's renaming game, maps 27 Arunachal sites

India counters China's renaming game, maps 27 Arunachal sites

Rediff.com8 Aug 2026

India has formally identified 27 places and features in Arunachal Pradesh by their standard names on the official Indian map, a move aimed at countering China's repeated attempts to rename locations in the state. This action reinforces India's stance that Arunachal Pradesh is an integral part of the country, despite China's "fictitious names" for the region it calls Zangnan.

Microsoft Boosts India's Digital Infrastructure With Fourth Cloud Region

Microsoft Boosts India's Digital Infrastructure With Fourth Cloud Region

Rediff.com6 Aug 2026

Microsoft has launched its fourth cloud region in India, located in Hyderabad, significantly expanding its hyperscale cloud presence. This move is part of a USD 20.5-billion investment in India's digital and AI infrastructure, aiming to support the country's rapid digital growth and meet increasing demand from major enterprises.

'Not in NDA': NCPI MP Taher clarifies why he joined Modi for breakfast

'Not in NDA': NCPI MP Taher clarifies why he joined Modi for breakfast

Rediff.com7 Aug 2026

Nationalist Citizens Party of India leader Abu Taher attended a breakfast meeting hosted by Prime Minister Narendra Modi for NDA allies but asserted that his party is not part of the ruling alliance. He stated his attendance was solely to raise public issues directly with the Prime Minister.

Awarapan 2 Review: Emraan Hashmi Goes Massy

Awarapan 2 Review: Emraan Hashmi Goes Massy

Rediff.com14 Aug 2026

Awarapan 2 may give Emraan Hashmi the massy comeback his fans have been waiting for, but nostalgia can only do so much, notes Sreeju Sudhakaran.

Vance dials Modi day after Senate clears sanctions bill

Vance dials Modi day after Senate clears sanctions bill

Rediff.com9 Aug 2026

US Vice President JD Vance and Prime Minister Narendra Modi held a phone call to discuss expanding the India-US comprehensive global strategic partnership, focusing on trade, defence, energy security, emerging technologies, and critical minerals. The discussion comes amidst rising tensions in West Asia and recent regional realignments, with both leaders reaffirming their commitment to strengthening cooperation.

Sensex, Nifty Dip as Banks, Elevated Crude Oil Prices Weigh on Sentiment

Sensex, Nifty Dip as Banks, Elevated Crude Oil Prices Weigh on Sentiment

Rediff.com7 Aug 2026

Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.

'Lungiwala Slur': Why BJP MP Sushmita Dev Won't Back Down

'Lungiwala Slur': Why BJP MP Sushmita Dev Won't Back Down

Rediff.com12 Aug 2026

'Where is the official record? Media bytes are not parliamentary records. What matters is what is recorded on the floor of Parliament. I am not denying that we had a heated exchange.'

India Haven't Lost A Series In Sri Lanka Since 2015, But...

India Haven't Lost A Series In Sri Lanka Since 2015, But...

Rediff.com12 Aug 2026

Sri Lanka have gone more than a decade since their last Test match win against India, having last beaten them in the Galle Test in 2015.

From Delhi's NEET stir to Ranchi, this UP man keeps feeding protesters

From Delhi's NEET stir to Ranchi, this UP man keeps feeding protesters

Rediff.com7 Aug 2026

Mohammad Junaid Malik, a volunteer known for supporting protests in Delhi, has arrived in Jharkhand to provide aid to students protesting alleged irregularities in state recruitment exams. The protest, now in its 14th day, demands cancellation of the 14th JPSC Civil Services Exam and an independent probe, with several students on hunger strike.

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Rediff.com12 Aug 2026

N Chandrasekaran, chairman of Tata Sons, announced he would not seek reappointment when his term ends in February 2027, following a series of departures by senior figures closely associated with former chairman Ratan Tata, including Vijay Singh and Mehli Mistry, amid a deepening power struggle and governance dispute within the Tata Group.

Chandrasekaran latest among Ratan Tata allies to step down

Chandrasekaran latest among Ratan Tata allies to step down

Rediff.com12 Aug 2026

N Chandrasekaran's decision not to seek reappointment when his term as chairman of Tata Sons ends in February 2027 signals a significant shift in leadership amidst an ongoing power struggle and governance disputes within the Tata Group.

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Rediff.com23 May 2026

Global financial institutions, including Goldman Sachs and Citigroup, have invested Rs 963 crore in One 97 Communications (Paytm's parent company) through open market transactions, acquiring a 1.34 per cent stake from SAIF Partners and Elevation Capital.

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com13 Aug 2026

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

Temasek looks to cash in on IPL boom as investor race heats up

Temasek looks to cash in on IPL boom as investor race heats up

Rediff.com22 Jul 2026

Temasek is exploring investment opportunities in India's booming IPL cricket league, a senior executive told Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Rediff.com7 Aug 2026

The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.

10 Sequels That Came With Longest Gaps

10 Sequels That Came With Longest Gaps

Rediff.com14 Aug 2026

Awarapan 2, featuring Emraan Hashmi, is set to release 19 years after its original, joining a growing trend of long-delayed Bollywood sequels attempting to capitalise on nostalgia and past successes like Gadar 2 and Border 2, but not all such reboots guarantee box office triumph.

Karnataka, Jharkhand, MP Secure Key Wins In Junior Men's Hockey

Karnataka, Jharkhand, MP Secure Key Wins In Junior Men's Hockey

Rediff.com3 Aug 2026

On the seventh day of the 16th Hockey India Junior Men National Championship in Coimbatore, Karnataka, Jharkhand, and Madhya Pradesh secured victories in Division 'A' matches. The day also featured a thrilling 4-4 draw between Manipur and Dadra & Nagar Haveli and Daman & Diu, highlighting intense competition among the young hockey talents.

Roberto Mancini returns for second stint as Italy national team coach

Roberto Mancini returns for second stint as Italy national team coach

Rediff.com28 Jul 2026

Former Italy manager Roberto Mancini is set to return for a second spell as the national team coach, replacing Gennaro Gattuso, who departed after Italy failed to qualify for the World Cup for the third consecutive time.

Infantino's Grip on FIFA Weakens as World Cup Rights Row Sparks Power Struggle

Infantino's Grip on FIFA Weakens as World Cup Rights Row Sparks Power Struggle

Rediff.com4 Aug 2026

FIFA President Gianni Infantino is facing a deepening crisis after his proposal to sell a stake in the World Cup was abandoned, leading to public distancing from influential executives and calls for his removal from office.

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

Rediff.com15 Aug 2026

In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Rediff.com6 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.

Stock Markets Today: Sensex, Nifty Surge on Lower Crude Prices, Easing Geopolitical Tensions

Stock Markets Today: Sensex, Nifty Surge on Lower Crude Prices, Easing Geopolitical Tensions

Rediff.com3 Aug 2026

Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.

Deal or total surrender: Trump warns Iran as Tehran denies talks

Deal or total surrender: Trump warns Iran as Tehran denies talks

Rediff.com4 Aug 2026

Former US President Donald Trump has issued a stern warning to Iran, stating that "nothing will get through" unless a deal or "total surrender" is achieved, amid escalating tensions and conflicting reports on direct negotiations.

Amit Shah's debate offer fails to break Parliament logjam

Amit Shah's debate offer fails to break Parliament logjam

Rediff.com10 Aug 2026

The Indian Parliament remains deadlocked as the Opposition, led by the Congress, insists on Prime Minister Narendra Modi's reply to discussions on alleged donation theft at the Ram temple in Ayodhya and student protests, rejecting the government's offer for Home Minister Amit Shah to respond.

Back as Italy boss, Mancini targets two trophies

Back as Italy boss, Mancini targets two trophies

Rediff.com30 Jul 2026

Roberto Mancini has returned for a second spell as Italy coach, vowing to revive the Azzurri's fortunes after the nation missed the last three World Cups and failed to win a major trophy since Euro 2020 under his previous leadership.

RBI extends loan recovery norms implementation to 2027, eases some rules

RBI extends loan recovery norms implementation to 2027, eases some rules

Rediff.com7 Aug 2026

The Reserve Bank of India (RBI) has extended the implementation date for its revised loan recovery and agent engagement directions to January 1, 2027, from the previously proposed October 1, 2026, following stakeholder feedback.

N-plants save blushes for India's Q1 investment outlay

N-plants save blushes for India's Q1 investment outlay

Rediff.com10 Aug 2026

India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.

'Ciao Capitano': Milan says goodbye to Baresi

'Ciao Capitano': Milan says goodbye to Baresi

Rediff.com4 Aug 2026

Fans, former teammates, and opponents gathered in Milan to bid farewell to Franco Baresi, the iconic AC Milan and Italy defender who passed away at 66. Baresi, a legendary figure in Italian football, was remembered for his illustrious 20-year career with AC Milan and his contributions to the Italian national team.

BJP-SAD to reunite? Badal backs delimitation bill after Modi meet

BJP-SAD to reunite? Badal backs delimitation bill after Modi meet

Rediff.com8 Aug 2026

The Shiromani Akali Dal (SAD) has called for the immediate passage of the women's reservation bill and the delimitation bill, advocating for a uniform 50 per cent increase in seats for all states to ensure fair and equitable representation.

Lakhimpur Kheri case: SC no to easing Ashish Mishra's bail terms

Lakhimpur Kheri case: SC no to easing Ashish Mishra's bail terms

Rediff.com6 Aug 2026

The Supreme Court has dismissed Ashish Mishra's application to relax his bail conditions in the Lakhimpur Kheri violence case, preventing him from attending family functions. The court also addressed concerns raised by victim farmers' advocate Prashant Bhushan regarding the trial's conduct and witness intimidation, directing such grievances to the trial court.