News for 'IT sector'

Elvish Yadav gets Rs 10 cr extortion threat; Bishnoi gang link suspected

Elvish Yadav gets Rs 10 cr extortion threat; Bishnoi gang link suspected

Rediff.com2 days ago

Elvish Yadav, winner of Bigg Boss OTT 2, has reported receiving an extortion threat for Rs 10 crore from an individual claiming ties to the Lawrence Bishnoi gang. Police have registered an FIR and are investigating the matter.

West Bengal Minister Attends Fish Fest, Denies Dietary Restrictions

West Bengal Minister Attends Fish Fest, Denies Dietary Restrictions

Rediff.com2 days ago

West Bengal minister Dilip Ghosh attended a fish festival, refuting claims that the BJP would restrict fish and meat consumption if it won the assembly elections. He accused former Chief Minister Mamata Banerjee of spreading false narratives during the campaign.

Gurugram Police Encounter Leaves Gang Shooter Dead

Gurugram Police Encounter Leaves Gang Shooter Dead

Rediff.com1 days ago

A suspected shooter from gangster Deepak Nandal's gang was killed, and another was injured, during an encounter with Gurugram police. The incident occurred while the police were recovering weapons from the accused, who had been arrested in connection with a shooting at an event organiser's house.

Supreme Court Permits Filing Of SIT Report In Gurugram Rape Case

Supreme Court Permits Filing Of SIT Report In Gurugram Rape Case

Rediff.com1 days ago

The Supreme Court has permitted the filing of a special investigation team (SIT) probe report before a Gurugram court regarding the rape of a three-year-old girl. The court is also considering the role of doctors and compensation for the victim.

Three Juveniles Held Over Delhi Stabbing: What We Know

Three Juveniles Held Over Delhi Stabbing: What We Know

Rediff.com4 days ago

Three juveniles have been apprehended in connection with an attempted murder case in the Swaroop Nagar area of outer north Delhi, police said.

Thane School Staff Arrested In Bribery Case

Thane School Staff Arrested In Bribery Case

Rediff.com1 days ago

The headmistress and two other employees of a private school in Thane, Maharashtra, have been arrested for allegedly demanding and accepting bribes from parents seeking admission for their children.

Mission Drishti Marks Space Tech Breakthrough

Mission Drishti Marks Space Tech Breakthrough

Rediff.com4 May 2026

Weighing 190 kg, Mission Drishti is India's heaviest privately developed Earth observation satellite.

Faridabad doctor ends life after argument with wife

Faridabad doctor ends life after argument with wife

Rediff.com3 May 2026

A dental surgeon in Faridabad allegedly died by suicide after an argument with his wife, jumping into the Agra Canal. The State Disaster Response Force recovered his body after a 20-hour search.

Rajasthan Government Prioritises Girls' Education And Development

Rajasthan Government Prioritises Girls' Education And Development

Rediff.com30 Apr 2026

Rajasthan Chief Minister Bhajanlal Sharma announced the state's focus on improving girls' education through infrastructure development and quality education initiatives. The government is also prioritising development in sectors like power and water, and aims to generate jobs in both the private and public sectors.

Gang Shooter Killed In Gurugram Police Encounter In Haryana

Gang Shooter Killed In Gurugram Police Encounter In Haryana

Rediff.com1 days ago

An alleged shooter from gangster Deepak Nandal's gang was killed, and another was injured, in an encounter with Gurugram police. The shooters were arrested in Punjab for firing at the house of singer Rahul Fazilpuria's event organiser.

CII urges govt to phase out fuel excise cut

CII urges govt to phase out fuel excise cut

Rediff.com1 days ago

The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.

Gurugram: Violence Erupts Over Garbage Collection, Several Injured

Gurugram: Violence Erupts Over Garbage Collection, Several Injured

Rediff.com4 days ago

A violent clash erupted between two groups in Gurugram over the removal of plastic from a Municipal Corporation garbage yard, resulting in several injuries, including a gunshot wound.

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Rediff.com2 days ago

Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.

Industrial Production Growth Slows to 5-Month Low in March Amid West Asia Crisis

Industrial Production Growth Slows to 5-Month Low in March Amid West Asia Crisis

Rediff.com28 Apr 2026

India's industrial production growth decelerated to a five-month low of 4.1 per cent in March, primarily due to the subdued performance of the manufacturing and power sectors, exacerbated by the West Asia crisis.

'If people don't buy gold...': Jewellers protest against PM's appeal

'If people don't buy gold...': Jewellers protest against PM's appeal

Rediff.com1 days ago

Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Rediff.com5 May 2026

Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.

How AI is Transforming India's Telecom Sector, According to TRAI

How AI is Transforming India's Telecom Sector, According to TRAI

Rediff.com23 Mar 2026

TRAI Chairman Anil Kumar Lahoti highlights the increasing importance of Artificial Intelligence in the design, management, and experience of telecom networks in India, noting its role in self-optimising networks, cybersecurity, and preparing for 6G technology.

OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

Rediff.com30 Apr 2026

India's state-run oil marketing companies (OMCs) are projected to incur under-recoveries of approximately Rs 80,000 crore on liquefied petroleum gas (LPG) sales in FY27 if current loss levels persist, according to rating agency Icra.

Punjab Government Reallocates Portfolios After Minister's Arrest

Punjab Government Reallocates Portfolios After Minister's Arrest

Rediff.com1 days ago

The Punjab government has redistributed portfolios held by arrested minister Sanjeev Arora among other cabinet members, including Aman Arora, Harjot Singh Bains, and Tarunpreet Singh Sond.

Ahmedabad Man Held For Bomb Threat Emails To Airport, Schools

Ahmedabad Man Held For Bomb Threat Emails To Airport, Schools

Rediff.com1 days ago

Ahmedabad police have arrested a man for allegedly sending bomb threat emails to GUJSAIL at Ahmedabad Airport and schools in March. The accused, Bhavesh Patel, was traced through an account allegedly operated by him.

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com24 Feb 2026

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com24 Feb 2026

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

Soaring LPG Costs May Force Restaurant To Hike Prices

Soaring LPG Costs May Force Restaurant To Hike Prices

Rediff.com4 hours ago

'If 5% of the total revenue was spent on LPG (pre-war), it is now expected to double. The overall food cost in restaurants is expected to rise by 4-6%.'

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Rediff.com18 hours ago

The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.

Four Held Over Shooting At Singer's Event Organiser's House

Four Held Over Shooting At Singer's Event Organiser's House

Rediff.com7 days ago

Police in Gurugram have arrested four individuals in connection with the shooting at the residence of Saurabh Yadav, event organiser for singer Rahul Fazilpuria. The arrested individuals are accused of providing logistical support to the shooters, who remain at large.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com2 days ago

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

How Krutrim Became India's First AI Unicorn

How Krutrim Became India's First AI Unicorn

Rediff.com5 May 2026

Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com1 hour ago

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com1 days ago

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

OMCs selling petrol at Rs 14 a litre loss, diesel at Rs 18/litre

OMCs selling petrol at Rs 14 a litre loss, diesel at Rs 18/litre

Rediff.com29 Apr 2026

Indian oil marketing companies are incurring significant losses, selling petrol at a Rs 14 per litre loss and diesel at Rs 18 per litre, as elevated global crude oil prices, exacerbated by the West Asia crisis, outpace capped retail fuel rates, according to rating agency Icra.

Investors slow to lap up FMCG majors' stocks wanes

Investors slow to lap up FMCG majors' stocks wanes

Rediff.com28 Apr 2026

Companies in the fast-moving consumer goods (FMCG) sector are losing favour with equity investors, with their price-to-earnings (P/E) ratio declining to its lowest level in six years, now trading at 38.8 times trailing earnings.

Delhi Soya Chaap Vendor Arrested For Illegal Firearm Possession

Delhi Soya Chaap Vendor Arrested For Illegal Firearm Possession

Rediff.com3 days ago

A 27-year-old soya chaap seller was arrested in Delhi's Dwarka area for allegedly possessing an illegal semi-automatic pistol and live bullets.

Gurugram Man Commits Suicide After Dispute With Wife

Gurugram Man Commits Suicide After Dispute With Wife

Rediff.com3 May 2026

A 45-year-old man, recently returned from the US, allegedly died by suicide in Gurugram after a dispute with his wife. Police are investigating the incident.

India's AI Job Market Sees 20% Growth: Minister

India's AI Job Market Sees 20% Growth: Minister

Rediff.com1 days ago

Union Minister Ashwini Vaishnaw highlights the growing demand for AI-related jobs in India and the transformation needed in the IT industry. He also mentions significant investments in data centres and subsea cable networks to boost digital infrastructure.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 May 2026

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

NITI Aayog: India's Scientific Knowledge Systematically Destroyed

NITI Aayog: India's Scientific Knowledge Systematically Destroyed

Rediff.com1 days ago

NITI Aayog member Gobardhan Das asserted that India possessed a rich scientific tradition that suffered setbacks during centuries of foreign domination, with its repository of knowledge systematically destroyed by invaders.

India Post To Modernise Logistics Infrastructure

India Post To Modernise Logistics Infrastructure

Rediff.com5 days ago

The government is planning a postal logistics infrastructure upgrade for India Post to modernise parcel facilities, aligning them with those in developed nations, according to Communications Minister Jyotiraditya Scindia.

Core Sector Growth Dips to 4% in January

Core Sector Growth Dips to 4% in January

Rediff.com20 Feb 2026

India's eight core infrastructure sectors experienced a slowdown in production growth, reaching a two-month low of 4% in January. Crude oil and natural gas output declined, while refinery products remained flat. Overall growth for the April-January period was also lower compared to the previous fiscal year.

Gandhinagar Hosts Asian Senior Weightlifting Championships

Gandhinagar Hosts Asian Senior Weightlifting Championships

Rediff.com14 hours ago

The 2026 Asian Senior Weightlifting Championships, featuring participants from approximately 30 nations, commenced in Gandhinagar, highlighting India's growing role in international sports.

Three Arrested In Gurugram For Auto-Rickshaw Robbery

Three Arrested In Gurugram For Auto-Rickshaw Robbery

Rediff.com29 Apr 2026

Gurugram police have arrested three individuals for allegedly robbing a passenger in an auto-rickshaw after offering him a lift. The incident occurred on April 10 when the victim was waiting for an auto-rickshaw outside the IFSC building in Sector 66. The accused, identified as Irfan, Sohail, and Ruksana, have been arrested by the crime branch.