News for 'IT sector'

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

Rediff.com6 Jun 2026

The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.

India-US Trade Rift Deepens Over Section 301 Hearings

India-US Trade Rift Deepens Over Section 301 Hearings

Rediff.com22 May 2026

American industry groups sought punitive tariffs on Indian goods at USTR hearings, while Indian officials defended the country's manufacturing growth as demand-led and WTO-compliant.

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Rediff.com1 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.

Deadly fire puts Delhi's patient hotel hub under lens

Deadly fire puts Delhi's patient hotel hub under lens

Rediff.com4 Jun 2026

A devastating fire at a bed and breakfast hotel in Malviya Nagar, South Delhi, has claimed 21 lives, including foreign nationals. The incident has brought intense scrutiny to the densely packed area, a popular hub for patients seeking affordable accommodation near Max Hospital, raising serious concerns about fire safety compliance and building norms in such establishments.

Delhi Tempo Driver Held After Hitting Pedestrian

Delhi Tempo Driver Held After Hitting Pedestrian

Rediff.com27 May 2026

Delhi Police have arrested a tempo driver after he allegedly hit a woman pedestrian and crashed into a road divider on the Urban Extension Road-II (UER-II) near Bawana.

LDF govt left Rs 5 lakh cr liabilities, says Kerala CM on tabling white paper

LDF govt left Rs 5 lakh cr liabilities, says Kerala CM on tabling white paper

Rediff.com4 Jun 2026

Kerala Chief Minister V D Satheesan on Thursday hit out at the previous Left Democratic Front government, claiming that it had left behind huge liabilities, including Kerala Infrastructure Investment Fund Board borrowings, amounting to Rs 5.07 lakh crore.

Delhi Man Drowns In Canal While Bathing

Delhi Man Drowns In Canal While Bathing

Rediff.com27 May 2026

A 21-year-old man drowned in a canal near Sector-4 in Bawana after being swept away by strong currents while taking a bath with a colleague.

Ex-Kotak Mahindra Executive Arrested In Rs 145 Cr Panchkula Fraud

Ex-Kotak Mahindra Executive Arrested In Rs 145 Cr Panchkula Fraud

Rediff.com1 Jun 2026

The Enforcement Directorate (ED) has arrested a former Kotak Mahindra Bank executive, Pushpinder Singh, alleged to be the mastermind of a Rs 145-crore fraud involving Panchkula municipal corporation officials, bank employees, and private individuals.

Suresh Triveni: 'Actors Like Anil Kapoor, Madhuri Dixit Are Hungry'

Suresh Triveni: 'Actors Like Anil Kapoor, Madhuri Dixit Are Hungry'

Rediff.com11 Jun 2026

'I've asked them so many times that after going through gruelling shoot sessions for 30-40 years, what keeps your passion alive? I think it's the discipline to show up.'

Body Of Man Who Jumped Into Agra Canal Recovered

Body Of Man Who Jumped Into Agra Canal Recovered

Rediff.com15 May 2026

The body of a 25-year-old man who allegedly jumped into the Agra Canal in Faridabad following a family dispute has been recovered by an SDRF team.

Gripen fighters escort Modi's plane on arrival in Sweden

Gripen fighters escort Modi's plane on arrival in Sweden

Rediff.com17 May 2026

Prime Minister Narendra Modi arrived in Sweden to hold talks on trade, technology, defence and other key sectors with his Swedish counterpart Ulf Kristersson.

Why India-China Border Dispute Remains Unresolved

Why India-China Border Dispute Remains Unresolved

Rediff.com8 Jun 2026

While tensions have eased at several friction points and mechanisms for managing the boundary have been reactivated, underlying differences persist. Disputes over naming practices in Arunachal Pradesh, continued infrastructure development on both sides, and unresolved questions regarding patrolling rights indicate that the structural gap remains, notes Dr Kumar.

Why hospital stocks are thriving despite broader market dips

Why hospital stocks are thriving despite broader market dips

Rediff.com28 May 2026

Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.

ED Attaches Unitech Group Assets In Money Laundering Case

ED Attaches Unitech Group Assets In Money Laundering Case

Rediff.com29 May 2026

The Enforcement Directorate has attached assets worth Rs 634 crore of a Unitech Group realty project in Noida as part of a money laundering investigation linked to alleged fraud with homebuyers.

UDF Criticises LDF Government Over Sabarimala Gold Loss and Health Sector Crisis

UDF Criticises LDF Government Over Sabarimala Gold Loss and Health Sector Crisis

Rediff.com4 Mar 2026

The Congress-led UDF in Kerala has criticised the ruling LDF over the Sabarimala gold loss cases, the issue of women's entry to the shrine, and the state's health sector, where government doctors and private nurses are striking over wages.

Why Credit Card Usage Is Booming In India

Why Credit Card Usage Is Booming In India

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, driven by private sector banks, while debit card usage declines due to growing adoption of UPI and digital wallets, according to an RBI report.

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Rediff.com29 May 2026

West Bengal Chief Minister Suvendu Adhikari announced the state government will move the Supreme Court to vacate the stay on a CBI probe into the alleged Gorkhaland Territorial Administration teacher recruitment scam. The decision follows complaints of corruption and illegal teacher recruitment within the GTA.

India Is Lucky To Have Both Nehru And Modi

India Is Lucky To Have Both Nehru And Modi

Rediff.com10 Jun 2026

If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).

Two Himanshu Bhau Gang Shooters Nabbed After Gurugram Encounter

Two Himanshu Bhau Gang Shooters Nabbed After Gurugram Encounter

Rediff.com30 May 2026

Gurugram Police arrested two alleged sharpshooters linked to the Himanshu Bhau gang after an encounter on the Delhi-Jaipur highway. The suspects, who sustained leg injuries during the exchange of fire, have multiple criminal cases against them, including murder and robbery.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

Gurugram Police Uncover Online Betting Fraud Ring

Gurugram Police Uncover Online Betting Fraud Ring

Rediff.com29 May 2026

Gurugram Police have arrested four individuals allegedly involved in an online betting fraud operation. The accused lured users with online gaming advertisements, processed payments through QR codes, and earned commissions on deposits.

Caste Census: 'Government Is Scared Of The Numbers

Caste Census: 'Government Is Scared Of The Numbers

Rediff.com9 Jun 2026

'Once the numbers come out, they fear that the OBCs would start to demand, and articulate what they are lacking, why they are lacking and what should be done to go forward.'

India's manufacturing sector growth jumps to 4-month high in Feb

India's manufacturing sector growth jumps to 4-month high in Feb

Rediff.com2 Mar 2026

India's manufacturing sector experienced a significant growth spurt in February, reaching a four-month high driven by strong domestic demand, according to the HSBC India Manufacturing PMI.

TCS To Modernise SKF's IT Infrastructure In Multi-Year Deal

TCS To Modernise SKF's IT Infrastructure In Multi-Year Deal

Rediff.com27 May 2026

TCS has secured a multi-year deal with Swedish bearings manufacturer SKF to modernise its IT infrastructure and leverage AI for industrial manufacturing.

Labour Codes Enter Implementation Phase

Labour Codes Enter Implementation Phase

Rediff.com19 May 2026

A section of industry may need to begin compliance immediately, even as most states are yet to notify their rules.

4 Finance Careers That Really Pay Well

4 Finance Careers That Really Pay Well

Rediff.com28 May 2026

In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.

Gurugram Residents Angered By Tyre Thefts From Six Vehicles

Gurugram Residents Angered By Tyre Thefts From Six Vehicles

Rediff.com9 May 2026

Residents of Sector 93 in Gurugram are demanding increased security measures after thieves stole tyres and rims from six vehicles, leaving them on bricks.

Banks Push Loans Against Mutual Funds

Banks Push Loans Against Mutual Funds

Rediff.com4 Jun 2026

LAMF allows investors to access liquidity while staying invested.

West Bengal govt mandates Vande Mataram in madrassas

West Bengal govt mandates Vande Mataram in madrassas

Rediff.com22 May 2026

The West Bengal government has mandated the singing of 'Vande Mataram' at assembly prayers in all madrassas with immediate effect. This decision follows a similar directive for all schools in the state and aims to bring uniformity in assembly practices across institutions.

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Rediff.com14 May 2026

Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.

Smart Tips: How To Save LTCG, File ITR

Smart Tips: How To Save LTCG, File ITR

Rediff.com2 Jun 2026

rediffGURU T S Khurana answers readers' personal income tax queries

How Gujarat Police Cracked Down On Cyber Fraud

How Gujarat Police Cracked Down On Cyber Fraud

Rediff.com1 Jun 2026

Gujarat police have uncovered cyber frauds worth Rs 2,289 crore and arrested 638 individuals as part of 'Operation Mule Account 1.0', a state-wide crackdown on online criminals launched in 2025.

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com25 Feb 2026

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

India-US ties momentum intact, will emerge stronger in future: Rubio

India-US ties momentum intact, will emerge stronger in future: Rubio

Rediff.com24 May 2026

US Secretary of State Marco Rubio says relations between India and the US have not lost momentum and are set to strengthen, with hopes for a trade deal soon.

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com27 May 2026

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

World Bank Chief Advocates 'Small AI' For Farmers

World Bank Chief Advocates 'Small AI' For Farmers

Rediff.com22 May 2026

World Bank President Ajay Banga has advocated for the deployment of 'Small AI' locally deployed artificial intelligence running on inexpensive hardware to address daily problems faced by farmers and rural communities in emerging markets.

Thailand Eyes Tourism Opportunities In Andaman And Nicobar Islands

Thailand Eyes Tourism Opportunities In Andaman And Nicobar Islands

Rediff.com20 May 2026

The Consul General of Thailand in Kolkata, Siriporn Tantipanyathep, met with the Lieutenant Governor of Andaman and Nicobar Islands to discuss tourism promotion and mutual cooperation in fisheries and other sectors.

Gurugram Men Steal Rental SUV, Sell It For Rs 2.3 Lakh

Gurugram Men Steal Rental SUV, Sell It For Rs 2.3 Lakh

Rediff.com17 May 2026

Two men in Gurugram hired an SUV from a rental shop and sold it in Rajasthan for Rs 2.3 lakh. Police arrested the accused, who have a prior criminal history.

Gurugram Liquor Trader Booked After Excise Raid

Gurugram Liquor Trader Booked After Excise Raid

Rediff.com17 May 2026

Excise department and police seized 292 bottles of foreign liquor from a flat in Gurugram and booked a liquor trader for illegal storage and suspected illegal sale.