News for 'IT services'

Two dead, 5 fall ill amid crowd surge, rain-hit Rath Yatra in Puri

Two dead, 5 fall ill amid crowd surge, rain-hit Rath Yatra in Puri

Rediff.com5 days ago

One person died and many others fell ill in a temporary crowd surge during the Rath Yatra celebrations in Odisha's Puri on Thursday, official sources said.

SC to revisit BrahMos espionage case acquittal on UP police appeal

SC to revisit BrahMos espionage case acquittal on UP police appeal

Rediff.com8 hours ago

The Supreme Court has agreed to hear a plea from Uttar Pradesh police challenging a Bombay High Court ruling that absolved BrahMos Aerospace engineer Nishant Agarwal of major espionage charges under the Official Secrets Act. Agarwal was previously sentenced to life imprisonment by a Nagpur district court for spying for Pakistan's ISI, despite the High Court finding he only illegally stored sensitive data.

Car catches fire inside tunnel on Mumbai's coastal road

Car catches fire inside tunnel on Mumbai's coastal road

Rediff.com6 days ago

A car caught fire inside the southbound tunnel of Mumbai's Coastal Road, causing temporary panic and stranding vehicles. Authorities responded swiftly, and no casualties or injuries were reported in the incident.

3 publishers remanded for books glorifying J-K separatists

3 publishers remanded for books glorifying J-K separatists

Rediff.com13 Jul 2026

Three publishers have been remanded to 10-day police custody in Jammu for allegedly publishing and circulating books that glorify separatist leaders. The Counter Intelligence Unit is investigating the matter, which led to the blacklisting of two publishers and the suspension of several education department officials.

IT companies risk losing ground to AI-native firms: S&P Global

IT companies risk losing ground to AI-native firms: S&P Global

Rediff.com7 days ago

Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.

Stock Markets Today: Sensex, Nifty Gain on IT Stocks' Rally

Stock Markets Today: Sensex, Nifty Gain on IT Stocks' Rally

Rediff.com4 days ago

Indian benchmark indices Sensex and Nifty rallied in early trade, primarily driven by strong buying in IT stocks after Tech Mahindra reported a significant 28.4 per cent rise in its consolidated net profit for the June quarter.

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

Rediff.com1 days ago

IndiGo, India's largest airline, has placed a record-breaking order with CFM International for over 1,000 LEAP-1A engines to power its 510 Airbus A320 neo family aircraft. This significant deal, announced at the Farnborough International Airshow, also includes extensive MRO support and material services, reinforcing CFM's commitment to the Indian aviation market.

HDFC Bank, West Asia Crisis Pull Sensex, Nifty Down

HDFC Bank, West Asia Crisis Pull Sensex, Nifty Down

Rediff.com7 hours ago

Indian benchmark indices, Sensex and Nifty, extended their losses for a second consecutive day, primarily due to HDFC Bank's disappointing quarterly earnings and escalating tensions in West Asia, coupled with persistent foreign fund outflows.

10 killed, several trapped in Sikkim tunnel after landslide

10 killed, several trapped in Sikkim tunnel after landslide

Rediff.com10 hours ago

Approximately 27 workers are trapped inside an under-construction tunnel in Sikkim's Namchi district following a landslide and suspected gas leak. Rescue operations are underway, but the presence of gas, believed to be methane, is complicating efforts, causing dizziness among rescue personnel. Teams from NDRF, SDRF, and West Bengal are involved in the challenging operation to save the workers.

Why EPFO Mandated 25% PF Balance

Why EPFO Mandated 25% PF Balance

Rediff.com4 days ago

EPFO said the measure could substantially improve retirement outcomes with nearly half its members expected to see an increase of up to 35 times in their old-age savings.

Why Paytm's First Bonus Issue Signals Strong Financial Health

Why Paytm's First Bonus Issue Signals Strong Financial Health

Rediff.com5 days ago

One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.

EPFO to credit 8.25% PF interest by July 15 to 34 crore members

EPFO to credit 8.25% PF interest by July 15 to 34 crore members

Rediff.com9 Jul 2026

The Employees' Provident Fund Organisation (EPFO) is set to credit the 8.25 per cent interest on provident funds for FY26 to 34 crore member accounts by July 15, enabled by its new centralised IT system (CITES). This upgrade promises enhanced operational efficiency, transparent services, and easier access to PF details and claims for members.

Op Sonam Wangchuk: How new Delhi Police chief oversaw 1st major action

Op Sonam Wangchuk: How new Delhi Police chief oversaw 1st major action

Rediff.com3 days ago

Activist Sonam Wangchuk was shifted to Safdarjung Hospital after his health deteriorated during his 21-day indefinite hunger strike, marking the first significant action under new Delhi Police Commissioner Anurag Kumar.

20% too much, we'll be fair: Iran mocks Trump over Hormuz claim

20% too much, we'll be fair: Iran mocks Trump over Hormuz claim

Rediff.com7 days ago

Iranian Foreign Minister Seyed Abbas Araghchi mocked US President Donald Trump's claim of the US being the 'guardian' of the Strait of Hormuz, asserting that Iran has always been and will remain the sole guardian, while also suggesting that any entity providing security should be compensated, though Trump's proposed '20 per cent' levy is 'too much'.

India Players Wear Black Armbands In Memory Of Garry Sobers

India Players Wear Black Armbands In Memory Of Garry Sobers

Rediff.com2 days ago

The India and England players wore black armbands and observed a minute's silence ahead of the start of the third and final at Lord's on Sunday to pay tribute to Sir Garfield Sobers, who died on Friday, July 17, 2026.

Hours After These Pix, Lindsey Graham Was Dead

Hours After These Pix, Lindsey Graham Was Dead

Rediff.com13 Jul 2026

US Senator Lindsey Graham passed away of a cardiac arrest a few hours after these photographs were taken.

Dutch prosecutors summon Tata Steel over 'intentional and unlawful' release of harmful substances

Dutch prosecutors summon Tata Steel over 'intentional and unlawful' release of harmful substances

Rediff.com9 Jul 2026

Dutch prosecutors have decided to summon Tata Steel IJmuiden BV (TSIJ) over multiple suspected criminal offences, including the "intentional and unlawful" release of harmful substances into the air that may have adversely affected public health, following a complaint filed by over 800 complainants.

Shipping firms asked to avoid sending Indian sailors on vessels through Hormuz

Shipping firms asked to avoid sending Indian sailors on vessels through Hormuz

Rediff.com5 days ago

The Directorate General of Maritime Administration (DGMA) has instructed shipping companies to avoid deploying Indian sailors on vessels transiting the Strait of Hormuz due to the ongoing West Asia crisis, following recent attacks on two vessels carrying Indian seafarers.

9 killed, 7 injured in blast at illegal firecracker factory in Ahmedabad

9 killed, 7 injured in blast at illegal firecracker factory in Ahmedabad

Rediff.com3 days ago

An explosion and subsequent fire at an unlicensed firecracker factory in Ahmedabad, Gujarat, resulted in the deaths of nine people and injuries to six others. The incident prompted condolences and financial aid from Prime Minister Narendra Modi and Gujarat Chief Minister Bhupendra Patel, with authorities initiating an investigation into the illegal operation.

How TCS Plans To Become The Top AI Services Firm

How TCS Plans To Become The Top AI Services Firm

Rediff.com16 May 2026

TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Rediff.com5 days ago

IT major Wipro reported a nearly flat consolidated net profit of Rs 3,352 crore in the April-June quarter of FY27, a marginal increase from Rs 3,330.4 crore in the year-ago period, while revenue from operations grew 10.6 per cent to Rs 24,478.6 crore.

UP doctor suspended over solitary march in support of Wangchuk

UP doctor suspended over solitary march in support of Wangchuk

Rediff.com1 days ago

Dr. Roopak Ikhe, an anaesthesiology diploma student, undertook the protest alone.

Hyderabad teacher booked for giving 'Islamic homework' to Hindu student

Hyderabad teacher booked for giving 'Islamic homework' to Hindu student

Rediff.com4 days ago

An FIR has been registered against a teacher and others at a private school in Hyderabad after a Hindu student was allegedly assigned "Islamic religious practices" as homework. The incident sparked outrage from political and religious groups, leading to the teacher's termination.

Karnataka announces India's first govt-driven AI university

Karnataka announces India's first govt-driven AI university

Rediff.com7 days ago

Karnataka Chief Minister D K Shivakumar announced the establishment of India's first government-driven Artificial Intelligence University and an AI Hub in Bengaluru. This initiative aims to position Karnataka as a global leader in responsible AI innovation, fostering talent, research, and collaboration. The state seeks to become an AI-native state, leveraging AI to improve governance and daily life across various sectors.

Karnataka KPSC chief suspended over allegations of nepotism in officer selection

Karnataka KPSC chief suspended over allegations of nepotism in officer selection

Rediff.com13 Jul 2026

Karnataka Governor Thaawarchand Gehlot has suspended KPSC Chairman Shivashankarappa S Sahukar following allegations that he facilitated the illegal selection of his two daughters as Industrial Extension Officers. The Governor has also recommended to the President that the matter be referred to the Supreme Court for an inquiry under Article 317(1) of the Constitution.

Wayanad Landslide Caught On CCTV

Wayanad Landslide Caught On CCTV

Rediff.com7 Jul 2026

The images trace the terrifying moments as a tanker truck was swept away before debris clearance began.

No respite for Mumbaikars from rains, but 2 lakes starts overflowing

No respite for Mumbaikars from rains, but 2 lakes starts overflowing

Rediff.com8 Jul 2026

Heavy rains and thunder returned to Mumbai, causing significant delays in local and long-distance train services, particularly affecting routes towards Gujarat and Pune. Two key reservoirs, Tulsi and Vihar lakes, have begun overflowing, though the city's overall water stock remains at 41.43 per cent.

How To Apply For The Cardiff India Scholarship

How To Apply For The Cardiff India Scholarship

Rediff.com6 days ago

Selected students will receive a scholarship of 6,000 pounds.

Air India expects 50-60 new planes in 18 months, transformation on track

Air India expects 50-60 new planes in 18 months, transformation on track

Rediff.com1 days ago

Air India Group anticipates the delivery of 50-60 new aircraft within the next 18 months, with its ambitious transformation programme progressing despite global challenges like supply chain issues and geopolitical tensions, according to Chief Commercial Officer Nipun Aggarwal.

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

Rediff.com13 hours ago

HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.

Indian Stock Markets End Flat Amid West Asia Tensions, Rising Oil Prices

Indian Stock Markets End Flat Amid West Asia Tensions, Rising Oil Prices

Rediff.com13 Jul 2026

Indian benchmark indices Sensex and Nifty closed largely flat on Monday, recovering from early losses, as escalating tensions in West Asia and a sharp rally in crude oil prices weighed on investor sentiment, despite resilience in IT and consumer durables stocks.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com4 days ago

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

TVS Venu Group to bolster financial services presence with Jana SFB stake

TVS Venu Group to bolster financial services presence with Jana SFB stake

Rediff.com19 May 2026

TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.

HDFC Bank, Axis Bank drag Sensex down amid margin concerns, US-Iran tensions

HDFC Bank, Axis Bank drag Sensex down amid margin concerns, US-Iran tensions

Rediff.com1 days ago

Indian benchmark indices, Sensex and Nifty, closed lower due to significant selling in HDFC Bank and Axis Bank shares, driven by margin-related concerns and escalating US-Iran tensions, which also pushed crude oil prices higher.

Spain's World Cup party turns tragic, 13-YO boy dies

Spain's World Cup party turns tragic, 13-YO boy dies

Rediff.com1 days ago

A 13-year-old boy was killed and two others injured in Ciudad Rodrigo, Spain, when a fountain collapsed during celebrations for Spain's FIFA World Cup 2026 victory. The tragic incident cast a shadow over nationwide festivities after Spain secured its second World Cup title with a 1-0 win over Argentina.

Did CJP protesters prepare for Internet shutdown before Parl march?

Did CJP protesters prepare for Internet shutdown before Parl march?

Rediff.com8 hours ago

Delhi Police are investigating chat messages allegedly exchanged among participants of the recent violent 'Sansad Chalo' march. These messages reportedly discuss strategies to maintain communication during potential internet shutdowns and express a willingness to sacrifice lives for the cause. Investigators are verifying the authenticity of these chats and other digital evidence as part of their probe into the clashes that injured police personnel and protesters.

Stock Markets Today: Sensex, Nifty Zoom on IT Stocks Rally

Stock Markets Today: Sensex, Nifty Zoom on IT Stocks Rally

Rediff.com10 Jul 2026

Indian benchmark indices Sensex and Nifty surged in early trade, with the Sensex jumping nearly 700 points, primarily driven by strong buying in IT stocks following TCS's positive June-quarter results and optimistic demand outlook. Track Sensex, Nifty on July 10, 2026.

Delhi Judicial Services Officer Allegedly Commits Suicide

Delhi Judicial Services Officer Allegedly Commits Suicide

Rediff.com2 May 2026

A Delhi Judicial Services official, identified as Aman Kumar Sharma, has allegedly died by suicide in the Safdarjung area of Delhi, according to police reports.

ServiceNow Enhances AI Control Tower For Enterprise Governance

ServiceNow Enhances AI Control Tower For Enterprise Governance

Rediff.com6 May 2026

ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.

Mizoram Shuts Schools, Offices Half-Day For FIFA Final

Mizoram Shuts Schools, Offices Half-Day For FIFA Final

Rediff.com2 days ago

Mizoram has declared a full holiday for educational institutions and a half-day for government offices to allow residents to watch the FIFA World Cup final. Chief Minister Lalduhoma highlighted the state's passion for football and the importance of the sport to its youth.