News for 'IT firms'

Mumbai Court Grants Bail To Techno Concert Organiser

Mumbai Court Grants Bail To Techno Concert Organiser

Rediff.com7 May 2026

A special court in Mumbai granted bail to an organiser of a techno concert where two MBA students died due to a suspected drug overdose. While organiser Akash Samal was granted bail, three other accused were denied relief. The concert, held at the NESCO Exhibition Centre, saw attendees allegedly consuming MDMA pills, leading to hospitalisations and fatalities.

DRI Busts Smuggling Racket At Nhava Sheva Port

DRI Busts Smuggling Racket At Nhava Sheva Port

Rediff.com20 Apr 2026

The Directorate of Revenue Intelligence (DRI) has uncovered a smuggling operation at Nhava Sheva Port in Navi Mumbai, seizing 132 containers of restricted watermelon seeds and green peas worth Rs 139 crore.

Chinese API price surge tests India's pharma buffers amid West Asia crisis

Chinese API price surge tests India's pharma buffers amid West Asia crisis

Rediff.com2 May 2026

India's pharmaceutical industry is experiencing increased bulk drug prices, particularly for APIs from China, following the escalation of the West Asia crisis in March. While current inventories provide a temporary buffer, concerns are mounting over the availability of key solvents and feedstocks, potentially leading to manufacturing disruptions and shortages in specific drug categories.

ED Arrests Punjab Minister Sanjeev Arora In Money Laundering Case

ED Arrests Punjab Minister Sanjeev Arora In Money Laundering Case

Rediff.com9 May 2026

The Enforcement Directorate (ED) has arrested Punjab Industries Minister Sanjeev Arora in connection with a money laundering case involving alleged fake GST purchases and round-tripping of funds. Raids were conducted at multiple locations, and Arora was taken into custody under the Prevention of Money Laundering Act (PMLA). This follows previous actions against Arora and other politically connected individuals in Punjab.

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Rediff.com30 Apr 2026

The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.

Why ED Is Raiding Punjab Minister Sanjeev Arora Again

Why ED Is Raiding Punjab Minister Sanjeev Arora Again

Rediff.com9 May 2026

The Enforcement Directorate conducted fresh searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering investigation. Raids were carried out at multiple locations, including Arora's residence and business premises, following a new case registered under the Prevention of Money Laundering Act (PMLA).

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.

IPL 2026: Meet Madhav Tiwari, DC's New Match-Winner

IPL 2026: Meet Madhav Tiwari, DC's New Match-Winner

Rediff.com12 May 2026

Madhav Tiwari, a 22-year-old all-rounder from Madhya Pradesh, delivered a Player of the Match performance on his IPL debut for Delhi Capitals, showcasing his talent with both bat and ball.

WFI Stops Under-17 Wrestler With Conflicting Birth Certificates

WFI Stops Under-17 Wrestler With Conflicting Birth Certificates

Rediff.com28 Apr 2026

The Wrestling Federation of India (WFI) barred an under-17 wrestler from the National Championships after her father presented two different birth certificates, highlighting concerns about document verification.

Higher input costs, price hikes may play spoilsport for HUL

Higher input costs, price hikes may play spoilsport for HUL

Rediff.com12 May 2026

Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.

How Cold-Rolled Engineering Can Transform Mining

How Cold-Rolled Engineering Can Transform Mining

Rediff.com6 May 2026

Experts say cold-rolled formed engineering solutions are driving a sustainability shift in the mining sector as the process generates minimal scrap, which can reduce waste generation by up to 80 per cent compared to conventional methods.

India Condemns Terror Attacks In Mali, Offers Condolences

India Condemns Terror Attacks In Mali, Offers Condolences

Rediff.com28 Apr 2026

India has strongly condemned the recent terror attacks in Mali, including the death of the country's defence minister, and reiterated its commitment to combating terrorism.

Why Jefferies Remains Bullish On Paytm's Growth

Why Jefferies Remains Bullish On Paytm's Growth

Rediff.com27 Apr 2026

Global brokerage firm Jefferies has reiterated its 'Buy' rating on Paytm, stating that the company's growth engine and profitability will remain intact despite regulatory action on its associate entity Paytm Payments Bank Ltd (PPBL). The company has maintained its price target of Rs 1,350, implying an 18 per cent upside.

Is GalaxEye's Mission Drishti Satellite Okay?

Is GalaxEye's Mission Drishti Satellite Okay?

Rediff.com12 May 2026

Concerns are rising about the status of GalaxEye Space's Mission Drishti, India's first Made in India OptoSAR satellite, launched on May 3. Reports suggest the satellite is tumbling in space, and experts highlight potential issues with solar panel deployment and stabilisation. The company has remained silent on the matter, fueling further speculation.

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Rediff.com7 May 2026

A special CBI court has upheld the framing of charges against a former Narcotics Control Bureau official accused of cheating the bureau by claiming subsistence allowance while suspended, despite working for three private companies.

Pixxel And Sarvam Partner To Launch Orbital Data Centre

Pixxel And Sarvam Partner To Launch Orbital Data Centre

Rediff.com4 May 2026

US-Indian space company Pixxel has partnered with Bengaluru-based artificial intelligence firm Sarvam to build an orbital data centre satellite.

Paras Defence Partners with Northstar for Air-to-Air Refuelling Tech for Indian Military

Paras Defence Partners with Northstar for Air-to-Air Refuelling Tech for Indian Military

Rediff.com16 Apr 2026

Paras Defence and Space Technologies partners with Northstar Aviation to provide air-to-air refuelling technologies and support services to the Indian armed forces, enhancing mission endurance and operational flexibility.

Police Raid Unlicensed Two-Wheeler Rental Service in Thiruvananthapuram

Police Raid Unlicensed Two-Wheeler Rental Service in Thiruvananthapuram

Rediff.com13 Apr 2026

Police in Thiruvananthapuram raided an unlicensed two-wheeler rental service operating in violation of norms, seizing over 100 vehicles and uncovering illegal practices.

Stock markets today: Equities Gain as Hopes for West Asia Resolution Rise

Stock markets today: Equities Gain as Hopes for West Asia Resolution Rise

Rediff.com21 Apr 2026

Indian equity benchmark indices Sensex and Nifty rallied in early trade, driven by reports of a second round of talks between the US and Iran, which are fostering hopes for a resolution to the West Asia conflict, coupled with Brent crude oil prices trading below the USD 100 per barrel mark.

Vijay wins floor test with 144 votes; DMK walks out, AIADMK divided

Vijay wins floor test with 144 votes; DMK walks out, AIADMK divided

Rediff.com13 May 2026

Chief Minister C Joseph Vijay-led TVK government successfully won the trust vote in the Tamil Nadu assembly, securing 144 votes in favour, with support from the Congress, VCK, and an AIADMK rebel faction.

Formula One embraces AI revolution as teams chase competitive edge

Formula One embraces AI revolution as teams chase competitive edge

Rediff.com8 May 2026

Artificial Intelligence is rapidly transforming Formula One, with teams like Williams and Red Bull using AI for race strategy, data analysis and operations as tech partnerships and sponsorship revenues surge.

India will never bow to terror: PM on Pahalgam attack anniversary

India will never bow to terror: PM on Pahalgam attack anniversary

Rediff.com22 Apr 2026

Prime Minister Narendra Modi asserted India's unwavering stance against terrorism on the first anniversary of the Pahalgam terror attack, vowing that the country will never bow to terror and that the designs of terrorists will never succeed.

Man Held For Allegedly Strangling Wife In Kerala

Man Held For Allegedly Strangling Wife In Kerala

Rediff.com30 Apr 2026

A man in Kerala has been arrested for allegedly strangling his wife to death. Police are investigating the motive behind the crime, suspecting infidelity.

India Inc's FY27 earnings forecast cut amid Iran war

India Inc's FY27 earnings forecast cut amid Iran war

Rediff.com28 Apr 2026

Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.

Education Ministry To Prioritise AI Training For Teachers

Education Ministry To Prioritise AI Training For Teachers

Rediff.com8 May 2026

The Education Ministry will focus on training teachers in the use of Artificial Intelligence tools over the next three to four months to support classroom teaching, lesson planning and student assessment, a senior official said.

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.

Two Arrested For Real Estate Fraud Linked To Ashram

Two Arrested For Real Estate Fraud Linked To Ashram

Rediff.com24 Apr 2026

Gurugram police have arrested two individuals, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects connected to Dhirendra Shastri's 'Aparna Ashram'.

Vijay unlikely to take oath on Thursday as TVK falls short of majority mark

Vijay unlikely to take oath on Thursday as TVK falls short of majority mark

Rediff.com6 May 2026

Tamilaga Vettri Kazhagam (TVK) chief Vijay is unlikely to take oath on Thursday as chief minister as the actor-turned politician firms up support to cross the majority mark in the Tamil Nadu assembly, sources said on Wednesday.

Stock Markets Today: Sensex, Nifty50 Dive as Oil Prices Surge, Foreign Funds Exit

Stock Markets Today: Sensex, Nifty50 Dive as Oil Prices Surge, Foreign Funds Exit

Rediff.com24 Apr 2026

Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.

Pune Recovery Agents Arrested For Public Assault Over Credit Card Dues

Pune Recovery Agents Arrested For Public Assault Over Credit Card Dues

Rediff.com28 Apr 2026

Pune Police have arrested three recovery agents of a private financial institution for allegedly beating up a man in full public view over his credit card dues.

Manufacturing lifts pvt sector activity in April

Manufacturing lifts pvt sector activity in April

Rediff.com24 Apr 2026

India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.

Kerala CM Deadlock Exposes Congress Weakness

Kerala CM Deadlock Exposes Congress Weakness

Rediff.com13 May 2026

In a state known for high political literacy and ideological mobilisation, the Congress' inability to quickly settle on a leader after securing a massive mandate has fed a narrative that the party remains excessively dependent on Delhi, deeply faction-ridden and vulnerable to internal sabotage

Sensex rallies 356 points as state poll results align with market expectations

Sensex rallies 356 points as state poll results align with market expectations

Rediff.com4 May 2026

Indian benchmark indices Sensex and Nifty closed higher, with the Sensex climbing 355.90 points, driven by positive state election results and better-than-expected Q4 earnings, despite ongoing geopolitical concerns.

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Rediff.com25 Apr 2026

The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.

While Security Forces Intercept Thousands Of Drones, The Psychological Toll Is Immense

While Security Forces Intercept Thousands Of Drones, The Psychological Toll Is Immense

Rediff.com9 May 2026

Occasionally, the silence of the night shift would be shattered by an ear-splitting alarm: 'ALERT, ALERT... This is a security warning.' We were drilled to move away from the windows and avoid the lifts, recalls Krishna Kumar NP, a veteran Dubai-based journalist.

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Rediff.com28 Apr 2026

Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.

Four Arrested In Amritsar Arms Smuggling Operation

Four Arrested In Amritsar Arms Smuggling Operation

Rediff.com3 May 2026

Amritsar Police arrested four individuals linked to a cross-border arms smuggling module, recovering seven sophisticated pistols. The investigation revealed connections to Pakistan-based smugglers using drones for delivery.

Stock Markets Today: Sensex, Nifty50 Surge in Early Trade, Maruti Jumps 4%

Stock Markets Today: Sensex, Nifty50 Surge in Early Trade, Maruti Jumps 4%

Rediff.com4 May 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com9 May 2026

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

Indian Super League: Bengaluru FC rally to hold Odisha FC

Indian Super League: Bengaluru FC rally to hold Odisha FC

Rediff.com4 May 2026

Bengaluru FC were held to a 1-1 draw by Odisha FC in their Indian Super League match, with Braian Sanchez's penalty cancelling out Rahim Ali's opener.