News for 'IT services'

Sensex Plunges 1069 Points on IT Selloff, Global Trade Worries

Sensex Plunges 1069 Points on IT Selloff, Global Trade Worries

Rediff.com24 Feb 2026

Equity benchmark indices Sensex and Nifty experienced a significant decline, primarily driven by a selloff in IT stocks due to concerns about AI disruption and renewed worries over global trade.

Tata Group, TCS Join Forces with OpenAI to Develop AI Infrastructure in India

Tata Group, TCS Join Forces with OpenAI to Develop AI Infrastructure in India

Rediff.com19 Feb 2026

The Tata Group and TCS have announced a multi-dimensional partnership with OpenAI to build AI infrastructure, offer joint solutions, and train Indian youth, aiming to position India as a global AI hub.

CCS assesses West Asia crisis, orders steps to help stranded Indians

CCS assesses West Asia crisis, orders steps to help stranded Indians

Rediff.com2 Mar 2026

The Cabinet Committee on Security (CCS) has reviewed the evolving situation in West Asia, directing departments to assist Indian nationals affected by recent developments and emphasizing the need for dialogue and diplomacy.

8 killed in Iranian missile attack on Israel; UAE port targeted

8 killed in Iranian missile attack on Israel; UAE port targeted

Rediff.com1 Mar 2026

Expanding the scope of hostilities, Zayed Port in Abu Dhabi, United Arab Emirates, was also targeted by missile strikes launched by Iran, according to a report by the Iranian state broadcaster, Press TV.

Man Held in Massive GST Fraud Case

Man Held in Massive GST Fraud Case

Rediff.com28 Feb 2026

The Uttar Pradesh STF has arrested a man in connection with a Goods and Services Tax (GST) fraud estimated at Rs 15,000 crore. The accused allegedly used fraudulently obtained GST registrations to create fake firms and generate bogus invoices.

GST Collections Rise by 8.1% in February

GST Collections Rise by 8.1% in February

Rediff.com1 Mar 2026

India's gross GST collection increased by 8.1 per cent to over Rs 1.83 lakh crore in February, driven by higher import revenues and improved domestic sales. Despite some states reporting negative or below-average growth, experts see the overall trend as a sign of a maturing tax ecosystem and a confident domestic market.

Trump orders federal agencies to stop using Anthropic AI

Trump orders federal agencies to stop using Anthropic AI

Rediff.com28 Feb 2026

He accused the firm of trying to interfere with how the US military operates and threatened further action if it does not cooperate during a six-month phase-out period.

FPI Inflow Hits 17-month High at Rs 22,615 cr In Feb

FPI Inflow Hits 17-month High at Rs 22,615 cr In Feb

Rediff.com1 Mar 2026

Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, marking the highest monthly inflow in 17 months, driven by factors such as the interim India-US trade deal, correction in domestic market valuations, and strong corporate earnings.

Jharkhand to Provide Financial Aid to Crime Victims

Jharkhand to Provide Financial Aid to Crime Victims

Rediff.com26 Feb 2026

The Jharkhand government will provide financial assistance to victims of crime or their dependents under the Jharkhand Victim Compensation Scheme, 2016. Minimum compensation amounts have been fixed for various crimes, with applications submitted to the District Legal Services Authority (DLSA).

Saini Targets Rivals, Courts OBCs in Punjab

Saini Targets Rivals, Courts OBCs in Punjab

Rediff.com1 Mar 2026

Haryana Chief Minister Nayab Singh Saini addressed the 'Saini Samaj' in Punjab, appealing to the OBC community ahead of the upcoming state elections. He criticized rival parties for neglecting OBCs and highlighted the BJP's commitment to their welfare.

First meet at Seva Teerth: Cabinet pledges citizen-centric governance

First meet at Seva Teerth: Cabinet pledges citizen-centric governance

Rediff.com24 Feb 2026

The Union Cabinet, meeting at the new PMO complex 'Seva Teerth', resolved to prioritize citizen empowerment and service in all its decisions, guided by the principle of 'Nagrik Devo Bhava'.

Jefferies downgrades IT, cuts earnings estimates

Jefferies downgrades IT, cuts earnings estimates

Rediff.com24 Feb 2026

Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.

Pakistan Security Forces Face Mounting Terror Attacks

Pakistan Security Forces Face Mounting Terror Attacks

Rediff.com26 Feb 2026

Multiple terror attacks in Pakistan's Khyber Pakhtunkhwa province during Ramazan have resulted in the deaths of security personnel, while security forces in Balochistan have killed several rebels in response.

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

Rediff.com20 Feb 2026

Fears around artificial intelligence (AI) sparked a global selloff in information technology (IT) stocks, dragging down domestic software shares and prompting the heaviest foreign portfolio investor (FPI) outflows since the second half of July 2025.

RBI looks to ban sales incentive to bank staffers from third party

RBI looks to ban sales incentive to bank staffers from third party

Rediff.com12 Feb 2026

In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.

PV Sindhu Describes 'Scary' Dubai Airport Experience Amid Gulf Crisis

PV Sindhu Describes 'Scary' Dubai Airport Experience Amid Gulf Crisis

Rediff.com1 Mar 2026

Two-time Olympic medallist PV Sindhu recounts a 'tense and scary' experience at Dubai International Airport after an explosion occurred nearby, amidst escalating tensions in the Gulf region.

India Auto Sales Rise: Maruti Suzuki, Tata Motors, Mahindra & Hyundai Report Growth

India Auto Sales Rise: Maruti Suzuki, Tata Motors, Mahindra & Hyundai Report Growth

Rediff.com1 Mar 2026

Leading automakers in India, including Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai, reported increased vehicle dispatches to dealers in February, driven by sustained domestic demand.

India Auto Sales Rise: Maruti Suzuki, Tata Motors, Mahindra & Hyundai Report Growth

India Auto Sales Rise: Maruti Suzuki, Tata Motors, Mahindra & Hyundai Report Growth

Rediff.com1 Mar 2026

Leading automakers in India, including Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai, reported increased vehicle dispatches to dealers in February, driven by sustained domestic demand.

Friday the 13th caps a week of AI-sparked horror in IT stocks

Friday the 13th caps a week of AI-sparked horror in IT stocks

Rediff.com14 Feb 2026

The selloff in domestic information technology stocks intensified on Friday, with the Nifty IT index sliding as much as 5.2 per cent during the session before paring losses to close 1.44 per cent lower.

Smart Money Tips Every Woman MUST READ

Smart Money Tips Every Woman MUST READ

Rediff.com7 days ago

'Money is not just about greed or accumulation. It gives you freedom, dignity and choice. And you have every right to all three.'

Why Afghanistan And Pakistan Are At War

Why Afghanistan And Pakistan Are At War

Rediff.com4 Mar 2026

Afghans have deep self-respect and are the last people to put up with humiliation. Is it any surprise that relations between Afghanistan and Pakistan have touched an all-time low and the two countries are now at war? asks M R Narayan Swamy.

PV Sindhu recounts 'tense' Dubai airport ordeal after explosion

PV Sindhu recounts 'tense' Dubai airport ordeal after explosion

Rediff.com1 Mar 2026

Indian badminton star PV Sindhu and her coach were stranded at Dubai International Airport following an explosion near their location, triggered by escalating tensions in the Gulf region.

India's trade deficit widens to 3-month high of $34.68 bn

India's trade deficit widens to 3-month high of $34.68 bn

Rediff.com16 Feb 2026

The country's exports rose marginally by 0.61 per cent to $36.56 billion in January, while trade deficit widened to a three-month high of $34.68 billion, government data showed on Monday.

Gold, Silver Surge Pushes Jan Import Bill Up

Gold, Silver Surge Pushes Jan Import Bill Up

Rediff.com19 Feb 2026

Gold imports climbed 349.22 per cent to $12.07 billion in January, while silver imports rose 127 per cent to $2 billion.

Pichai: AI Ushers in Era of Hyper Progress

Pichai: AI Ushers in Era of Hyper Progress

Rediff.com19 Feb 2026

Google CEO Sundar Pichai highlighted the transformative potential of AI at the India AI Impact Summit, emphasizing its role in scientific discovery, economic development, and workforce evolution.

Modi flags off India's fastest metro system in Meerut

Modi flags off India's fastest metro system in Meerut

Rediff.com22 Feb 2026

Prime Minister Narendra Modi inaugurated the Meerut Metro and Namo Bharat train, enhancing urban and regional connectivity in Uttar Pradesh and Delhi.

Vertex Group Invests Rs 100 Crore in Responsible AI Lab

Vertex Group Invests Rs 100 Crore in Responsible AI Lab

Rediff.com27 Feb 2026

Vertex Group has launched its 'Responsible AI Lab' with a Rs 100 crore investment in research and development, focusing on ethical, transparent, and accountable AI solutions for businesses.

Sebi Alerts Investors to Fake STT Payment Demands

Sebi Alerts Investors to Fake STT Payment Demands

Rediff.com26 Feb 2026

Sebi cautions investors against fake notices demanding Securities Transaction Tax (STT) payments and warns about fraudsters posing as account handlers promising risk-free profits.

Gurugram Man Arrested for Hotel Fraud Using Fake Payment App

Gurugram Man Arrested for Hotel Fraud Using Fake Payment App

Rediff.com26 Feb 2026

A man in Gurugram was arrested for allegedly defrauding a hotel by using a fake payment application to create screenshots of payments totaling Rs 6 lakhs, allowing him to stay for five months without paying.

Bengaluru GAFX 2026 to Highlight AVGC-XR Sector

Bengaluru GAFX 2026 to Highlight AVGC-XR Sector

Rediff.com26 Feb 2026

The seventh edition of Bengaluru GAFX, a major AVGC-XR conference and exhibition, will be held from February 27, showcasing advancements in animation, visual effects, gaming, comics, and extended reality.

UK, France planning to arm Ukraine with nukes: Russia

UK, France planning to arm Ukraine with nukes: Russia

Rediff.com25 Feb 2026

A Russian intelligence agency has claimed that the UK and France are covertly planning to transfer nuclear weapons to Ukraine, alleging a violation of international law.

'Urge all sides...': India reacts as US-Israel attack Iran

'Urge all sides...': India reacts as US-Israel attack Iran

Rediff.com28 Feb 2026

Following a joint attack by the US and Israel on Iran, India is calling for restraint and de-escalation to avoid further military confrontation in the Middle East.

New GDP Series Reshapes India's Growth Story

New GDP Series Reshapes India's Growth Story

Rediff.com27 Feb 2026

Base revisions are technical exercises, but history shows they can significantly reshape the narrative around India's growth performance.

RSS doesn't practice Hindutva politics, rather...: Bhagwat

RSS doesn't practice Hindutva politics, rather...: Bhagwat

Rediff.com23 Feb 2026

RSS chief Mohan Bhagwat stated that the Sangh focuses on individual development to build a strong society and nation, rather than practicing Hindutva politics. He emphasized the importance of unity, devotion to the motherland, and the need for women's equal participation in governance.

Empty PG Seats, Missing Doctors

Empty PG Seats, Missing Doctors

Rediff.com23 Feb 2026

'When young doctors see limited protection, unpredictable careers and an absence of institutional support, they hesitate.'

New Air Ticket Refund Rules Will Help You

New Air Ticket Refund Rules Will Help You

Rediff.com27 Feb 2026

While this doesn't mean that air travel is now a breeze, what it does mean is that you now have more rights and more control over your money.

Govt releases new CPI series; January retail inflation at 2.75%

Govt releases new CPI series; January retail inflation at 2.75%

Rediff.com12 Feb 2026

Retail inflation stood at 2.75 per cent in January under the new series of All India Consumer Price Index (CPI), with 2024 as the base year, released on Thursday.

Tata Motors delivers a knock-out Punch.ev

Tata Motors delivers a knock-out Punch.ev

Rediff.com20 Feb 2026

With its Battery-as-a-Service (BaaS) model Tata Motors just redrew the EV battle lines, says Rajesh Karkera/Rediff.com

SC Orders States to Develop Protocol for Open Prisons

SC Orders States to Develop Protocol for Open Prisons

Rediff.com26 Feb 2026

The Supreme Court has directed all states and Union territories in India to develop a time-bound protocol for improving the functioning of open prisons, ensuring they serve as effective institutions for reformation and rehabilitation.

UP: Woman nabbed, Pak-born daughter booked over spying for ISI

UP: Woman nabbed, Pak-born daughter booked over spying for ISI

Rediff.com17 Feb 2026

A woman in Meerut has been arrested and her daughter booked for allegedly spying for Pakistan's ISI and residing in India without valid citizenship.