News for 'IT industry'

FinMin: No Directions Given to LIC on Investments

FinMin: No Directions Given to LIC on Investments

Rediff.com2 Dec 2025

'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'

IndiGo Crisis: What Was Its Board Doing?

IndiGo Crisis: What Was Its Board Doing?

Rediff.com13 Dec 2025

Where was the Board when a predictable regulatory change brought the country's largest airline to its knees? asks Dr Sudhir Bisht.

Pvt banks may lose ground again in FY26 as credit growth lags

Pvt banks may lose ground again in FY26 as credit growth lags

Rediff.com3 Dec 2025

India's private-sector banks are likely to lose market share for a second consecutive year in 2025-26, as their loan books continue to expand much slower than overall bank credit.

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Rediff.com9 Dec 2025

Lockheed Martin plans to establish a C-130J Super Hercules co-production facility in India, the first outside the US, as the IAF seeks to procure new transport aircraft.

Bhopal gas anniversary rally sparks row over effigy; organisers booked

Bhopal gas anniversary rally sparks row over effigy; organisers booked

Rediff.com4 Dec 2025

A rally marking the 41st anniversary of the Bhopal gas tragedy was disrupted by a controversy over an effigy allegedly depicting an RSS 'sevak,' leading to an FIR against organizers.

Worst may be over for Asian Paints, but prospects still far from bright

Worst may be over for Asian Paints, but prospects still far from bright

Rediff.com21 Nov 2025

Asian Paints reported a good performance for the second quarter (July-September) of 2025-26 (Q2FY26), with some help from base effects, despite strong competition and extended monsoon. Volume grew in low double digits in the key domestic decorative paints, and value in that segment grew by 6 per cent. Ebitda (earnings before interest, taxes, depreciation, and amortisation) grew 21 per cent year-on-year (Y-o-Y), and PAT (profit after tax) grew 14 per cent. Asian Paints also defended market share better after several quarters where it had lost ground to Birla Opus.

Tax forms for charitable institutions set for overhaul

Tax forms for charitable institutions set for overhaul

Rediff.com4 Dec 2025

As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions. Debjyoti Das, principal chief commissioner of income tax (exemption), said the new Act has already reorganised exemption provisions into a clearer and more coherent structure, and the accompanying procedures and forms are now being examined.

JioHotStar Is Investing 4K Cr In South!

JioHotStar Is Investing 4K Cr In South!

Rediff.com10 Dec 2025

The platform has seen a growth of 70% in watch time for South content, which is more than the national average.The South has outperformed the rest of India in subscription depth, retention and connected TV adoption.

The Countdown Begins: The Spectacular Colours Of 2026

The Countdown Begins: The Spectacular Colours Of 2026

Rediff.com1 Dec 2025

What are the colours in store for us next year? What will be Pantone's Colour of 2026?

DGCA issues show-cause notice to IndiGo CEO over flight disruptions

DGCA issues show-cause notice to IndiGo CEO over flight disruptions

Rediff.com7 Dec 2025

The aviation regulator stated that the "primary cause" of the disruptions was IndiGo's failure to make "adequate arrangements" to meet the revised staffing, duty-time and rostering requirements under the newly implemented Flight Duty Time Limitations scheme.

'Insurance penetration continues to remain low'

'Insurance penetration continues to remain low'

Rediff.com17 Nov 2025

'By quick, fast, and just awards, the insurance ombudsman can bring the trust of the policyholders in the insurance system and insurance as a product and create a positive impact on the entire industry.'

Air India is a responsibility not just a biz opportunity: Tata's Chandra

Air India is a responsibility not just a biz opportunity: Tata's Chandra

Rediff.com30 Nov 2025

Tata Sons Chairman N Chandrasekaran on Saturday said Air India, which is undergoing a transformation, is not just a business opportunity but a "responsibility" for the Tata Group.

Maruti Warns: CAFE-III Could Kill Small Cars

Maruti Warns: CAFE-III Could Kill Small Cars

Rediff.com2 Dec 2025

'If the targets become unscientific and unjust, Then, just to meet CAFE-III regulation, a small car -- which produces a very low absolute carbon dioxide -- will have to be discontinued.'

Insurers to Spend More on Tech for DPDP Compliance

Insurers to Spend More on Tech for DPDP Compliance

Rediff.com21 Nov 2025

The DPDP rules, which have come into effect, require companies to implement a data protection and consent management system by November 2026.

Govt in talks to streamline FDI, FII processes: Goyal

Govt in talks to streamline FDI, FII processes: Goyal

Rediff.com19 Nov 2025

The Centre is regularly holding consultations with stakeholders to streamline foreign direct investments (FDIs) and foreign institutional investments (FIIs) related processes to enable faster and more efficient investment flows into the country, said Commerce and Industry Minister Piyush Goyal, adding one such meeting with stakeholders was held on Tuesday.

The Importance Of Putin's India Visit

The Importance Of Putin's India Visit

Rediff.com4 Dec 2025

The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.

Court acquits Dileep, finds 6 guilty in actress assault case

Court acquits Dileep, finds 6 guilty in actress assault case

Rediff.com9 Dec 2025

The court, however, found six others, including prime accused Sunil N S alias Pulsar Suni, who directly committed the crime, guilty.

Will take strict action against IndiGo to set example: Govt

Will take strict action against IndiGo to set example: Govt

Rediff.com9 Dec 2025

Aviation Minister K Rammohan Naidu said the government has initiated an inquiry into Indigo's mass flight cancellations and will take strict action against the operator to set an example for other airlines.

Axis Max Life aims to be 'breakout No. 3' in life insurance: MD & CEO

Axis Max Life aims to be 'breakout No. 3' in life insurance: MD & CEO

Rediff.com22 Nov 2025

Following Axis Max Life Insurance's second-quarter results for 2025-26, Sumit Madan, managing director and chief executive officer of the company, speaks to Aathira Varier and Subrata Panda/Business Standard about growth aspirations, strategies to offset the impact of the input tax credit (ITC) withdrawal, reverse merger plans, and more.

Consumer durable firms set to hike prices as rupee slides

Consumer durable firms set to hike prices as rupee slides

Rediff.com5 Dec 2025

As the rupee has been on a downward slide and crossed 90 a dollar, consumer electronics firms are looking to raise prices of products ranging from air conditioners (ACs) to television panels up to 10 per cent.

Oval Invincibles renamed MI London after Reliance-Surrey deal

Oval Invincibles renamed MI London after Reliance-Surrey deal

Rediff.com3 Dec 2025

Indian multinational conglomerate Reliance Industries and Surrey County Cricket Club on Wednesday announced their partnership in The Hundred and expectedly renamed the franchise MI London.

Rupee Slide Makes Overseas Trips Costlier

Rupee Slide Makes Overseas Trips Costlier

Rediff.com5 Dec 2025

Travel firms expect package prices to rise by 5 to 10 per cent, depending on destination and inclusions.

October passenger vehicle dispatches see a surge

October passenger vehicle dispatches see a surge

Rediff.com19 Nov 2025

In October, small car wholesales of the auto industry -- excluding Tata Motors -- went up by 8.4 per cent Y-o-Y to 116,601 units, the data showed. However, the utility vehicle (UV) segment which includes sports utility vehicles (SUVs) as well as multi-purpose vehicles (MPVs), saw a bigger growth in October.

Rajinikanth's Love Affair With Bollywood

Rajinikanth's Love Affair With Bollywood

Rediff.com12 Dec 2025

Rajinikanth may have made his last Hindi film two decades ago but he can still set the screen alight, blazing away with a gun that has dozens of barrels. As Thalaiva turns 75 on December 12, Dinesh Raheja looks back at his 17 year journey in Hindi cinema.

'My 'Go To' Person In All Times Of Need'

'My 'Go To' Person In All Times Of Need'

Rediff.com27 Nov 2025

'He was everything to me! And always has been through good times and bad.'

Fatima's Ishk With Vijay Varma

Fatima's Ishk With Vijay Varma

Rediff.com29 Nov 2025

Manish Malhotra held a grand premiere for his debut production, Gustaakh Ishk, and invited friends from the film industry.

Kremlin Didn't Know About Modi Gesture

Kremlin Didn't Know About Modi Gesture

Rediff.com5 Dec 2025

The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi respectively.

Pickup in private capex critical for more gains in Siemens

Pickup in private capex critical for more gains in Siemens

Rediff.com25 Nov 2025

Even as the results of Siemens for the second quarter of 2025-26 (Q2FY26) were a mixed bag, the stock was the top gainer in the BSE 200 index, rising 4.92 per cent in trade. Most brokerages are neutral or positive on the company.

Want To Study Online At IIT Delhi?

Want To Study Online At IIT Delhi?

Rediff.com27 Nov 2025

The Indian Institute of Technology, Delhi, is inviting applications for its newly launched executive programme in brand management.

What Putin hopes to achieve on his India visit

What Putin hopes to achieve on his India visit

Rediff.com3 Dec 2025

Russian President Vladimir Putin's visit to India this week aims to secure energy supplies, stabilise defence deliveries and ensure bilateral trade continues smoothly despite strong Western sanctions, GTRI said on Tuesday.

Indian students, workers top UK's exit tally

Indian students, workers top UK's exit tally

Rediff.com27 Nov 2025

New data reveals a significant drop in UK net migration, with Indian students and workers topping the list of those leaving the country.

India to procure more Israeli Heron MK-II drones post Op Sindoor

India to procure more Israeli Heron MK-II drones post Op Sindoor

Rediff.com1 Dec 2025

The sources declined to specify the number of drones the Navy plans to acquire but said the focus is now on manufacturing the MK-II in India through partnerships with Hindustan Aeronautics Limited (HAL) and Elcom.

Reliance stops use of Russian oil at its only-for-export refinery

Reliance stops use of Russian oil at its only-for-export refinery

Rediff.com21 Nov 2025

Reliance Industries Ltd on Thursday said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions. Reliance is India's largest buyer of Russian oil, which it processes and turns into fuel, such as petrol and diesel, at its giant oil refining complex at Jamnagar.

How Dharmendra Whisked Hema Malini Away From Jeetendra

How Dharmendra Whisked Hema Malini Away From Jeetendra

Rediff.com8 Dec 2025

Hema's father couldn't contain his rage and almost physically pushed Dharmendra out of the house. 'Why don't you get out of my daughter's life? You are a married man, you can't marry my daughter,' he repeatedly yelled. But a pleading, helplessly sentimental and slightly inebriated Dharam could not be budged.

MeToo in Mollywood: Verdict expected after 8 years

MeToo in Mollywood: Verdict expected after 8 years

Rediff.com7 Dec 2025

A Kerala court is expected to deliver a verdict in the 2017 actress assault case involving Malayalam actor Dileep, a case marked by twists, delays, and a battle over narrative.

Vietnam Emerges As India's Key Defence Partner

Vietnam Emerges As India's Key Defence Partner

Rediff.com17 Nov 2025

The 15th India-Vietnam Defence Dialogue signalled a move from routine talks to deeper cooperation, with new deals on submarine rescue and defence industry to support stability in the Indo-Pacific, notes Dr Rajaram Panda.

'Ministry Slept, DGCA Slept, IndiGo...'

'Ministry Slept, DGCA Slept, IndiGo...'

Rediff.com11 Dec 2025

'IndiGo will receive a sharp rap on the knuckles -- a punishment, a huge penalty. 'I look towards them creating a compensation fund.' 'I would like to think they would do that for all the passengers who are affected on every single day since cancellations began.'

DRDO successfully tests fighter escape system at 800 km/h

DRDO successfully tests fighter escape system at 800 km/h

Rediff.com2 Dec 2025

The DRDO conducted the test in collaboration with the Aeronautical Development Agency and Hindustan Aeronautics Limited.

FPIs resume selling in Nov; withdraw Rs 3,765 cr from equities

FPIs resume selling in Nov; withdraw Rs 3,765 cr from equities

Rediff.com30 Nov 2025

After a brief pause in October, foreign investors resumed selling, pulling out a net Rs 3,765 crore from Indian equities in November, driven by global risk-off sentiment, volatility in global tech stocks and selective preference for primary markets over secondary markets.

Sunny-Salman Sign Up For Gabru

Sunny-Salman Sign Up For Gabru

Rediff.com21 Nov 2025

Although both stars have been part of the movie industry for more than 30 years, Salman Khan and Sunny Deol have never shared the screen. Until now.