News for 'IT sector'

Cockroach Janta Party founder says all accounts, website taken down

Cockroach Janta Party founder says all accounts, website taken down

Rediff.com23 May 2026

The Cockroach Janta Party (CJP) alleges a crackdown, reporting hacking incidents and account takedowns across its social media platforms following a campaign against the Union Education Minister.

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.

NIMS Reaches 2,000 Kidney Transplants Milestone

NIMS Reaches 2,000 Kidney Transplants Milestone

Rediff.com22 May 2026

The Nizam's Institute of Medical Sciences (NIMS) in Hyderabad has achieved a significant milestone by completing 2,000 kidney transplants, making it one of the leading institutions in India for this procedure. The majority of these transplants were performed free of cost under government schemes.

Gurugram Flat Fire Highlights Fire Safety Concerns

Gurugram Flat Fire Highlights Fire Safety Concerns

Rediff.com17 May 2026

A fire in a Gurugram flat exposed alleged fire safety lapses in a residential society, raising concerns among residents.

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Rediff.com21 May 2026

Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.

Pak-China affairs expert Lt Gen Subramani is India's next CDS

Pak-China affairs expert Lt Gen Subramani is India's next CDS

Rediff.com9 May 2026

The government has appointed Lieutenant General NS Raja Subramani (Retd) as the next Chief of Defence Staff (CDS), who shall also function as the secretary to the government of India, department of military affairs, with effect from the date of assumption of charge and until further orders.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.

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.

Can Water Be The Answer To India's Fuel Import Woes?

Can Water Be The Answer To India's Fuel Import Woes?

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.

Modi embarks on five-nation tour; energy security, trade in focus

Modi embarks on five-nation tour; energy security, trade in focus

Rediff.com15 May 2026

Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.

Modi to embark on six-day visit to UAE, Europe

Modi to embark on six-day visit to UAE, Europe

Rediff.com11 May 2026

Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.

Three Juveniles Held Over Delhi Stabbing: What We Know

Three Juveniles Held Over Delhi Stabbing: What We Know

Rediff.com8 May 2026

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

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

India's services sector growth touches 2-month high in Jan

India's services sector growth touches 2-month high in Jan

Rediff.com4 Feb 2026

India's services sector growth rose to a two-month high of 58.5 in January, on faster expansion in new business intake and output, prompting service providers to hire additional staff, a monthly survey said on Wednesday.

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.com10 May 2026

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 BJP Promises Investors A Fearless Environment

West Bengal BJP Promises Investors A Fearless Environment

Rediff.com12 May 2026

West Bengal BJP president Samik Bhattacharya advocated a new land policy to facilitate large-scale industrialisation and assured investors of a 'fearless' environment in the state.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

West Bengal Minister Attends Fish Fest, Denies Dietary Restrictions

West Bengal Minister Attends Fish Fest, Denies Dietary Restrictions

Rediff.com10 May 2026

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.

NIT Rourkela To Offer New Courses In Emerging Technologies

NIT Rourkela To Offer New Courses In Emerging Technologies

Rediff.com13 May 2026

NIT Rourkela has announced the launch of four new academic programmes for the 2026-27 session, focusing on emerging technologies such as semiconductors, artificial intelligence, and quantum technologies.

Putin, Xi pledge to dismantle global hegemonism

Putin, Xi pledge to dismantle global hegemonism

Rediff.com20 May 2026

Russian President Vladimir Putin and Chinese President Xi Jinping have reaffirmed their commitment to dismantling global hegemonism and building a 'multipolar world' during high-level talks in Beijing.

India Advocates For Ethical AI Use In Global Healthcare

India Advocates For Ethical AI Use In Global Healthcare

Rediff.com21 May 2026

Union Health Minister J P Nadda has emphasised the need for sound regulation, ethical oversight, and equity in the application of Artificial Intelligence (AI) to healthcare, speaking at the World Health Assembly in Geneva.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.

West Bengal To Overhaul Recruitment Process

West Bengal To Overhaul Recruitment Process

Rediff.com23 May 2026

West Bengal Chief Minister Suvendu Adhikari announced that the state government will introduce a new recruitment policy in the next Budget session to address irregularities and scams that occurred during the previous Trinamool Congress government.

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.

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Rediff.com17 May 2026

India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.

US-China Rivalry Enters New Phase

US-China Rivalry Enters New Phase

Rediff.com27 May 2026

The Beijing summit may have reduced immediate diplomatic uncertainty, but it did not resolve the deeper structural contest between the United States and China. That contest appears likely to define the coming decade, notes Varun Arya.

Gurugram Police Encounter Leaves Gang Shooter Dead

Gurugram Police Encounter Leaves Gang Shooter Dead

Rediff.com11 May 2026

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.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

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.

Supreme Court Permits Filing Of SIT Report In Gurugram Rape Case

Supreme Court Permits Filing Of SIT Report In Gurugram Rape Case

Rediff.com11 May 2026

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.

Gurugram: Violence Erupts Over Garbage Collection, Several Injured

Gurugram: Violence Erupts Over Garbage Collection, Several Injured

Rediff.com8 May 2026

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.

Man Jumps Into Agra Canal After Family Dispute; Wife Stopped

Man Jumps Into Agra Canal After Family Dispute; Wife Stopped

Rediff.com14 May 2026

A 25-year-old man allegedly jumped into the Agra Canal near Palla Bridge in Faridabad after a family dispute. His wife was prevented from taking a similar step by locals. Police and fire brigade personnel are searching for the missing man.

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.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Rediff.com15 May 2026

Kalyani Strategic Systems' subsidiary, Agneyastra Energetics Ltd, has commenced construction of a Rs 1,500-crore defence manufacturing facility in Andhra Pradesh, aiming to enhance India's indigenous defence capabilities and generate employment.

Thane School Staff Arrested In Bribery Case

Thane School Staff Arrested In Bribery Case

Rediff.com12 May 2026

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.

In UAE, Modi offers help to end West Asia crisis

In UAE, Modi offers help to end West Asia crisis

Rediff.com15 May 2026

Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.

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.com10 May 2026

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.

Active, passive or balanced - Which fund philosophy actually wins over time?

Active, passive or balanced - Which fund philosophy actually wins over time?

Rediff.com21 May 2026

In reality, no single philosophy can dominate every market cycle. That's why we've explained how these approaches work to help investors make informed and realistic decisions.

India, New Zealand sign FTA to boost trade, investment

India, New Zealand sign FTA to boost trade, investment

Rediff.com27 Apr 2026

India and New Zealand have signed a comprehensive Free Trade Agreement (FTA) aimed at significantly boosting bilateral commerce and investments, providing duty-free access for 100 per cent of India's exports to New Zealand and securing duty-free inputs for India's manufacturing sector.