News for 'IT industry'

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com2 days ago

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.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com5 days ago

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

AAP Accuses BJP Of Political Vendetta After ED Arrest Of Minister

AAP Accuses BJP Of Political Vendetta After ED Arrest Of Minister

Rediff.com2 days ago

The Aam Aadmi Party (AAP) has strongly criticised the Enforcement Directorate (ED) raid and subsequent arrest of Punjab minister Sanjeev Arora, calling it a politically motivated act by the BJP-led central government. AAP leaders allege the BJP is misusing central agencies to suppress opposition voices and destabilise the AAP government in Punjab.

You'll Never Be Able To Guess Met Gala 2026's Wildest Trend!

You'll Never Be Able To Guess Met Gala 2026's Wildest Trend!

Rediff.com7 days ago

Somewhere between couture and chaos, the Met Gala 2026 decided subtlety was overrated.

Indian Carmakers Kick Off FY27 with Robust 27% Sales Surge in April

Indian Carmakers Kick Off FY27 with Robust 27% Sales Surge in April

Rediff.com1 May 2026

Indian carmakers experienced a robust start to the new fiscal year, with an estimated 4.5 lakh passenger vehicles sold in April, marking a 27 per cent increase year-on-year, attributed to factors like GST 2.0, repo rate cuts, and income tax benefits.

Why Trisha's Bollywood Journey Ended Early

Why Trisha's Bollywood Journey Ended Early

Rediff.com6 days ago

'I was so busy doing Tamil and Telugu films that I didn't get time to consider Hindi films.'

Vijay's unconventional journey from 'Thalapathy' to 'Muthalvan'

Vijay's unconventional journey from 'Thalapathy' to 'Muthalvan'

Rediff.com2 days ago

Actor Vijay's journey from a shy film star to a political leader is explored, highlighting his unconventional methods and the key moments that shaped his transformation.

Bengaluru Man Kills Woman, Commits Suicide: What We Know

Bengaluru Man Kills Woman, Commits Suicide: What We Know

Rediff.com7 days ago

A 46-year-old man in Bengaluru allegedly killed a woman lecturer by setting her car on fire before dying by suicide. Police investigations are underway to determine the motive and circumstances surrounding the tragic incident.

Govt body plans legal framework for AI companies

Govt body plans legal framework for AI companies

Rediff.com29 Apr 2026

India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.

ED Raids In Punjab: Money Laundering Probe Intensifies

ED Raids In Punjab: Money Laundering Probe Intensifies

Rediff.com5 days ago

The Enforcement Directorate conducted searches at multiple locations in Punjab and Chandigarh, including premises linked to an alleged associate of an OSD in the CMO, as part of a money laundering probe into a land fraud case.

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Rediff.com30 Apr 2026

Maruti Suzuki has discontinued its Ignis hatchback due to weak sales and a shift towards SUVs, while simultaneously facing supply chain issues for its popular S-Presso and WagonR models, leading to booking halts at some dealerships.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com3 days ago

A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.

ISRO to print rocket components with Russian 3D printing machine

ISRO to print rocket components with Russian 3D printing machine

Rediff.com29 Apr 2026

The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com7 days ago

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Rediff.com29 Apr 2026

Reliance Industries' digital arm, Jio Platforms, may see its initial public offering (IPO) delayed to the second half of fiscal 2027, according to CreditSights. The delay is primarily attributed to ongoing geopolitical tensions in the Middle East, which could impact market conditions and investor sentiment.

RIL stock may take a hit after muted Q4 show

RIL stock may take a hit after muted Q4 show

Rediff.com4 May 2026

Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com4 days ago

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

India Set To Make Huge Splash At Cannes

India Set To Make Huge Splash At Cannes

Rediff.com7 days ago

France's prestigious Cannes International Film Festival 2026 is set to see a strong presence from India, with a mix of regional cinema, filmmakers, and actors expected to attend the global event from May 12 to May 23.

Why The Rupee Is At An All-Time Low

Why The Rupee Is At An All-Time Low

Rediff.com7 days ago

The rupee weakened to a record low against the US dollar due to Gulf tensions, rising oil prices, and foreign capital outflows.

Japan Arms Policy Shift Sparks China Ire

Japan Arms Policy Shift Sparks China Ire

Rediff.com1 May 2026

Beijing has been wary of Sanae Takaichi's efforts to boost Japan's military profile since taking office six months ago, points out Dr Rajaram Panda.

Amit Shah Promises Jobs, End To Infiltration In Bengal If BJP Wins

Amit Shah Promises Jobs, End To Infiltration In Bengal If BJP Wins

Rediff.com21 Apr 2026

Union Home Minister Amit Shah promised one lakh jobs for youths each year based on merit if the BJP won the West Bengal election, and also pledged to make the state free of infiltrators.

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Rediff.com7 days ago

Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Rediff.com6 days ago

Indian benchmark indices, Sensex and Nifty, rallied significantly following a sharp decline in crude oil prices. This decline was triggered by US President Donald Trump's announcement of progress in negotiations with Iran towards a peace agreement, which led to renewed optimism in global markets.

Modi inaugurates India's longest 6-lane highway connecting Meerut to Prayagraj

Modi inaugurates India's longest 6-lane highway connecting Meerut to Prayagraj

Rediff.com29 Apr 2026

Prime Minister Narendra Modi inaugurated the 594-km-long Ganga Expressway, connecting Meerut to Prayagraj, aiming to boost connectivity, industrial investment, and economic growth in Uttar Pradesh.

TVK: 34.91%. DMK: 24%. AIADMK: 21%.

TVK: 34.91%. DMK: 24%. AIADMK: 21%.

Rediff.com7 days ago

One of the standout stories of the TVK victory was that of 30-year-old R Sabarinathan, the son of Vijay's driver from Virugambakkam.

Reliance navigates volatile oil markets with agile sourcing, operational tweaks

Reliance navigates volatile oil markets with agile sourcing, operational tweaks

Rediff.com27 Apr 2026

India's largest private refiner, Reliance Industries Ltd, successfully navigated a volatile energy market in the last quarter of FY26 by diversifying crude sourcing and demonstrating operational agility, particularly in response to geopolitical disruptions and cost fluctuations.

Delhi Police Nab Two In Murder And Illegal Firearm Case

Delhi Police Nab Two In Murder And Illegal Firearm Case

Rediff.com23 Apr 2026

Delhi Police have arrested two men for their alleged involvement in a murder case and for possessing illegal firearms. The arrests followed a tip-off about a person carrying an illegal firearm in the Wazirpur Industrial Area.

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rediff.com6 days ago

The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.

The Top 5 Engineering Careers In India

The Top 5 Engineering Careers In India

Rediff.com21 Apr 2026

Nayagam PP, career counsellor and founder of EduJobs360, explains how traditional engineering choices are being replaced with flexible, future-ready career paths that align with industry requirements.

ED Investigates Punjab Realty Groups Over Fraud Allegations

ED Investigates Punjab Realty Groups Over Fraud Allegations

Rediff.com4 days ago

The Enforcement Directorate (ED) conducted searches at multiple locations in Punjab and Chandigarh, including premises linked to an alleged associate of a Punjab Aam Aadmi Party functionary, as part of a money laundering probe against two realty groups accused of fraudulent land use changes and investor fraud.

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com4 May 2026

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.

Chlorine gas leaks from defunct water plant in Pune; 24 hospitalised

Chlorine gas leaks from defunct water plant in Pune; 24 hospitalised

Rediff.com30 Apr 2026

A chlorine gas leak in Pune has resulted in the hospitalisation of at least 22 residents and two firemen. The leak originated from an abandoned tank at a defunct water purification plant.

ED Conducts Raids In Punjab Over Realty Fraud Case

ED Conducts Raids In Punjab Over Realty Fraud Case

Rediff.com4 days ago

The Enforcement Directorate (ED) conducted searches at multiple locations in Punjab and Chandigarh, including premises linked to an official in the CMO, as part of a money laundering probe against realty groups accused of fraudulent land use changes and investor fraud.

Moody's cuts India's FY27 growth forecast to 6% amid West Asia conflict

Moody's cuts India's FY27 growth forecast to 6% amid West Asia conflict

Rediff.com22 Apr 2026

Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.

India's FDI Inflows Set to Cross $90 Billion in FY26, Says DPIIT Secretary

India's FDI Inflows Set to Cross $90 Billion in FY26, Says DPIIT Secretary

Rediff.com3 May 2026

India's foreign direct investment (FDI) inflows are projected to surpass $90 billion in 2025-26 (FY26), driven by robust policy reforms, free trade agreements, and strong economic growth, according to DPIIT Secretary Amardeep Singh Bhatia.

ED Investigates Punjab Realty Groups Over Land Use Violations

ED Investigates Punjab Realty Groups Over Land Use Violations

Rediff.com4 days ago

The Enforcement Directorate (ED) conducted searches in Punjab and Chandigarh, targeting realty groups and individuals linked to an official in the Chief Minister's Office, as part of a money laundering investigation into fraudulent land use changes and investor fraud.

Summer Travel Costs Soar For Indians

Summer Travel Costs Soar For Indians

Rediff.com6 days ago

Airfares to Southeast Asia have surged 25 to 30 per cent, driven by high demand and limited airline seat capacity.

How Tim Cook transformed Apple's India strategy into a global manufacturing success

How Tim Cook transformed Apple's India strategy into a global manufacturing success

Rediff.com29 Apr 2026

Apple CEO Tim Cook's strategic pivot, from initial rejections to local partnerships and leveraging government policies like PLI, transformed India into a major iPhone manufacturing and export hub, now accounting for one in every four iPhones assembled globally.

Electric Motorcycles Gain Traction, But Scaling Remains A Challenge

Electric Motorcycles Gain Traction, But Scaling Remains A Challenge

Rediff.com27 Apr 2026

India's electric motorcycle market is experiencing significant growth, with a 28 per cent year-on-year increase in volumes, as new product launches and improved total cost of ownership attract a broader base of riders beyond early adopters.

Bajaj Auto's Q4 Profit More Than Doubles Amid Record Sales and KTM Consolidation

Bajaj Auto's Q4 Profit More Than Doubles Amid Record Sales and KTM Consolidation

Rediff.com5 days ago

Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).