News for 'IT sector'

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.

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.

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.

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.

India's manufacturing sector recovers marginally in Jan

India's manufacturing sector recovers marginally in Jan

Rediff.com2 Feb 2026

India's manufacturing sector activity witnessed a slight recovery in January, amid faster increase in new orders, even as business confidence slipped to its lowest level in three-and-a-half years, a monthly survey said on Monday.

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.

Wholesale Price Inflation Spikes to 42-month high of 8.3%

Wholesale Price Inflation Spikes to 42-month high of 8.3%

Rediff.com14 May 2026

India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.

Gang Shooter Killed In Gurugram Police Encounter In Haryana

Gang Shooter Killed In Gurugram Police Encounter In Haryana

Rediff.com11 May 2026

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.com11 May 2026

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.

Industrial credit growth may clock 9-13% in H1CY26

Industrial credit growth may clock 9-13% in H1CY26

Rediff.com20 Apr 2026

The Indian banking sector is projected to experience a steady 9-13 per cent industrial credit growth in the first half of 2026, driven by capital expenditure, infrastructure development, and sectoral demand recovery, according to a Ficci-IBA survey.

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

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

Rediff.com5 May 2026

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.

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.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

'Impact of the spike in energy prices will be transient'

'Impact of the spike in energy prices will be transient'

Rediff.com29 Apr 2026

'As re-industrialisation gathers pace across regions like Asia, Europe and the US, a wide range of products and inputs will see demand.'

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.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

Rediff.com20 May 2026

PepsiCo India plans a significant investment of Rs 5,700 crore by 2030 to enhance its production capabilities, focusing on its concentrate plant in Madhya Pradesh, a unit in Assam, and land acquisition in Tamil Nadu to expand its snack business footprint in South India.

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com25 May 2026

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

US-Iran Conflict, Crude Oil Price to Dictate Dalal Street Trends

US-Iran Conflict, Crude Oil Price to Dictate Dalal Street Trends

Rediff.com17 May 2026

Analysts predict that the ongoing US-Iran conflict, fluctuations in crude oil prices, and foreign institutional investor (FII) flows will be the primary factors influencing Dalal Street this week, with inflation concerns adding to investor anxiety.

Air Quality Commission Urges Stricter Action On Stubble Burning

Air Quality Commission Urges Stricter Action On Stubble Burning

Rediff.com15 May 2026

The Commission for Air Quality Management (CAQM) has directed state governments and agencies to implement stricter enforcement mechanisms to address the sudden spike in stubble burning incidents in Punjab and Haryana.

India-US trade deal: How India protects its agriculture, dairy sectors

India-US trade deal: How India protects its agriculture, dairy sectors

Rediff.com4 Feb 2026

India has completely protected the interests of its agriculture and dairy sector in the India-US trade agreement.

'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.com12 May 2026

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.

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.

BSF Jawan Killed In Gurugram Hit-And-Run Incident

BSF Jawan Killed In Gurugram Hit-And-Run Incident

Rediff.com13 May 2026

A Border Security Force (BSF) soldier was killed in a hit-and-run accident in Gurugram, Haryana. Police have registered a case against the unidentified driver and are investigating the incident using CCTV footage.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

'Traitor, gimmick': Rahul targets Modi over economy, 'Melody'

'Traitor, gimmick': Rahul targets Modi over economy, 'Melody'

Rediff.com20 May 2026

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi for gifting 'Melody' toffees to Italian Premier Giorgia Meloni, calling it a 'gimmick' while India faces an 'economic storm'. He accused Modi of prioritising public relations over addressing the struggles of farmers, labourers, and youth, a sentiment echoed by other Congress leaders.

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.

Report flags India's vulnerability to cyber attacks, CBRN threat

Report flags India's vulnerability to cyber attacks, CBRN threat

Rediff.com18 May 2026

A new report highlights India's increasing vulnerability to cyberattacks and CBRN threats due to geopolitical tensions, industrial growth, and urbanisation, calling for an urgent strengthening of its CBRN security strategy through collaboration and investment.

Cockroach Janata Party swings into action, demands Modi Minister's resignation

Cockroach Janata Party swings into action, demands Modi Minister's resignation

Rediff.com22 May 2026

The CJP's rapid rise on social media reflects growing digital dissent and youth frustration with issues like unemployment and exam-paper leaks.

Gold import duty hike to spur grey market, smuggling, say exporters

Gold import duty hike to spur grey market, smuggling, say exporters

Rediff.com13 May 2026

The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Rediff.com20 May 2026

India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.

Punjab Government Reallocates Portfolios After Minister's Arrest

Punjab Government Reallocates Portfolios After Minister's Arrest

Rediff.com11 May 2026

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.com11 May 2026

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.