News for 'IT services'

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com23 Jul 2026

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

Skyroot's Success Changes India's Space Future

Skyroot's Success Changes India's Space Future

Rediff.com20 Jul 2026

'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Rediff.com24 Jul 2026

Indian benchmark indices, Sensex and Nifty, recorded their fifth consecutive day of losses, driven by investor caution over rising oil prices due to West Asia tensions and renewed concerns regarding US trade tariffs.

AC failure on Mumbai local train during peak hour; 1 hospitalised

AC failure on Mumbai local train during peak hour; 1 hospitalised

Rediff.com13 Jul 2026

Three passengers on a Mumbai suburban AC local train complained of uneasiness due to a malfunctioning air-conditioning system. One passenger required hospital treatment and the train was subsequently withdrawn from service for inspection.

Assam Floods: Olympian Jayanta Talukdar, Newborn Twins Rescued

Assam Floods: Olympian Jayanta Talukdar, Newborn Twins Rescued

Rediff.com24 Jul 2026

Olympian and World Cup gold medallist archer Jayanta Talukdar and his one-month-old twin babies were rescued from their flood-hit apartment in Guwahati's Rukmininagar on Friday.

US launches multiple strikes after Iranian missile attack

US launches multiple strikes after Iranian missile attack

Rediff.com30 Jul 2026

United States Central Command (CENTCOM) forces have conducted a 'heavy wave of strikes' against numerous Islamic Revolutionary Guard Corps (IRGC) targets in Iran. This action was a direct response to attempted Iranian missile strikes on US forces in West Asia, which were successfully intercepted. The strikes targeted IRGC military command centres, missile and drone facilities, coastal surveillance, and maritime capabilities, aiming to reduce threats posed by Iran and its proxies. US President Donald Trump also issued strong warnings to Tehran, linking the escalation to a recent drone strike on an LNG vessel in Egypt's Damietta Port.

How China, US Crack Down on Paper Leaks

How China, US Crack Down on Paper Leaks

Rediff.com30 Jul 2026

Beyond imprisonment, candidates caught cheating face cancellation of examination scores, blacklisting under China's social credit system and multi-year bans from appearing in state examinations.

5 Early Signs Of Hepatitis: Don't Ignore

5 Early Signs Of Hepatitis: Don't Ignore

Rediff.com28 Jul 2026

Hepatitis is a condition that causes the liver to become inflamed. Make sure you treat it early.

President Murmu To Inaugurate Soldierathon Honouring Elite President's Bodyguard

President Murmu To Inaugurate Soldierathon Honouring Elite President's Bodyguard

Rediff.com28 Jul 2026

President Droupadi Murmu will flag off the first Soldierathon on August 2, celebrating the 253-year legacy of the President's Bodyguard, India's senior-most and only Airborne Cavalry Regiment.

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Rediff.com1 Aug 2026

ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.

West Bengal Government Arranges Public Screenings For FIFA World Cup Final

West Bengal Government Arranges Public Screenings For FIFA World Cup Final

Rediff.com18 Jul 2026

The West Bengal government is organising live public screenings of the FIFA World Cup final between Argentina and Spain at Nandan in Kolkata and other district locations. Each district has been allocated Rs 1 lakh for arrangements, with security and logistics being coordinated for the event.

What you need to know about new Anti-Paper Leak Amendment Bill

What you need to know about new Anti-Paper Leak Amendment Bill

Rediff.com29 Jul 2026

The Public Examination (Prevention of Unfair Means) Amendment Bill, 2026, passed by the Lok Sabha, introduces significantly stricter punishments for individuals and organised groups involved in paper leaks and other unfair means in public examinations. The legislation aims to enhance the integrity of exams conducted by various central government agencies.

'Nims' Purja lived by the mountains, dies on one

'Nims' Purja lived by the mountains, dies on one

Rediff.com1 Aug 2026

Nirmal Purja, the Nepali-British climber famous for scaling all 14 of the world's 8,000-metre peaks in record time, has been confirmed dead after an avalanche on Broad Peak, located in Pakistan-occupied Kashmir's Gilgit-Baltistan.

Pakistan Names New Nuclear Command Chief

Pakistan Names New Nuclear Command Chief

Rediff.com24 Jul 2026

Lieutenant General Syed Aamir Raza's loyalty to Field Marshal Asim Munir during the turbulent times appears to have stood him in good stead, points out Rana Banerji, who headed the Pakistan desk at R&AW.

Sitharaman: Hurry Up Tax Appeals

Sitharaman: Hurry Up Tax Appeals

Rediff.com25 Jul 2026

Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.

Govt allows FDI in inventory-based e-commerce model only for export purposes

Govt allows FDI in inventory-based e-commerce model only for export purposes

Rediff.com23 Jul 2026

The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.

10 Hindi Movies/Shows That Told Kargil War Stories

10 Hindi Movies/Shows That Told Kargil War Stories

Rediff.com4 Aug 2026

From Lakshya to Shershaah, revisit 10 Hindi films and shows that captured the courage, sacrifice and emotional cost of the 1999 Kargil War.

Indian Equities End Flat as Global Central Bank Meetings Loom

Indian Equities End Flat as Global Central Bank Meetings Loom

Rediff.com28 Jul 2026

Indian benchmark indices Sensex and Nifty ended flat on Tuesday, with the Sensex dipping nearly 70 points, as investor sentiment turned cautious ahead of crucial global central bank policy meetings and a significant sell-off in Asian markets.

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Rediff.com23 Jul 2026

Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.

100% tariffs on India? US Senate backs Russia, Iran sanction bill

100% tariffs on India? US Senate backs Russia, Iran sanction bill

Rediff.com29 Jul 2026

A bipartisan group of US Senators has agreed to fast-track a bill allowing the President to impose sanctions on major purchasers of oil from Russia and Iran. This legislation, known as the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, aims to restrict funding for Russia's war efforts and Iran's energy and weapons sectors, potentially impacting countries like China and India through tariffs and other restrictions.

Women Owners Employ More Women

Women Owners Employ More Women

Rediff.com14 Jul 2026

In cities where women own a larger share of small businesses, women also account for a larger share of jobs.

Studying Tech-Based Engg? You Could Get A Scholarship

Studying Tech-Based Engg? You Could Get A Scholarship

Rediff.com24 Jul 2026

The scholarship covers 100 per cent of the annual tuition fee, hostel and mess charges and provides a laptop in the first year.

Why India's Youth Anger Exploded

Why India's Youth Anger Exploded

Rediff.com28 Jul 2026

The failure of the State when it directly affects our lives, through a corrupt exam system, has produced this current anger, points out Aakar Patel.

Instamart Debuts On-Demand LPG Delivery

Instamart Debuts On-Demand LPG Delivery

Rediff.com16 Jul 2026

The launch also marks the debut of HPCL's newly launched HP Navya, its next-generation 10 kg composite LPG cylinder, on Instamart.

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

Rediff.com18 Jul 2026

...and 3 lakh for harassment.

Youth probably thinks freedom is doing whatever it feels, but...: Doval

Youth probably thinks freedom is doing whatever it feels, but...: Doval

Rediff.com1 Aug 2026

National Security Advisor Ajit Doval has urged India's youth to dedicate themselves entirely to national interest, rising above personal gains to capitalise on the current 'window of opportunity' for building a stronger nation. He emphasised that true freedom is not merely doing what one wants, but involves commitment and sacrifice for the country's progress.

Youth Protests: Political Parties Must Absorb An Important Lesson

Youth Protests: Political Parties Must Absorb An Important Lesson

Rediff.com24 Jul 2026

Voters who exercise their franchise in favour of a particular political dispensation do not do so unconditionally. Their loyalty is subject to maintaining trust and living up to their expectations. It is subject to allowing the freedoms guaranteed under the Constitution, points out Vice Admiral Biswajit Dasgupta (retd).

IIT Guwahati Student Dies After Fall From Building

IIT Guwahati Student Dies After Fall From Building

Rediff.com29 Jul 2026

A third-year BTech student at IIT Guwahati died after allegedly falling from the fifth floor of a hostel building, prompting a police investigation into the circumstances of his death.

When protestors found 'Bapu' walking in their midst

When protestors found 'Bapu' walking in their midst

Rediff.com24 Jul 2026

'We looked up and there was a man dressed as Mahatma Gandhi walking with the protesters under Minto Bridge. Everyone burst into laughter. Almost instinctively, we shouted, 'Bapu ki jai ho!' It's one of those moments I'll never forget.'

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com24 Jul 2026

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com24 Jul 2026

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

Suspected Jaish operative held in Bengal; STF probes spy network

Suspected Jaish operative held in Bengal; STF probes spy network

Rediff.com1 Aug 2026

A suspected operative of Pakistan-based terror outfit Jaish-e-Mohammed (JeM) was arrested in West Bengal's Purba Bardhaman district, and investigators believe he could be part of an ISI-backed network tasked with collecting intelligence on VIPs including BJP leaders, recruiting operatives and laying the groundwork for possible terror activities in the state.

10 years in jail, Rs 50 lakh fine: Govt tables new paper leak bill

10 years in jail, Rs 50 lakh fine: Govt tables new paper leak bill

Rediff.com27 Jul 2026

Amidst widespread student protests over the NEET paper leak, the Indian government has introduced the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, in the Lok Sabha. The bill proposes significantly stricter punishments, including jail terms of up to 10 years and fines of up to Rs 50 lakh for individuals involved in paper leaks, and up to Rs 10 crore for organised crimes, aiming to enhance transparency and fairness in public examinations.

India's first hydrogen train set for commercial debut soon

India's first hydrogen train set for commercial debut soon

Rediff.com18 Jul 2026

The Northern Railway is expected to soon announce the date for the commencement of commercial operations of the country's first hydrogen-powered train after Prime Minister Narendra Modi inaugurated it on the Jind-Sonipat route in Haryana on Friday.

India's Top 100 Brands Hit $253 Billion

India's Top 100 Brands Hit $253 Billion

Rediff.com15 Jul 2026

LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.

Nifty Recovery Faces 200-DMA Hurdle

Nifty Recovery Faces 200-DMA Hurdle

Rediff.com29 Jul 2026

Nearly 50 per cent of the stocks that comprise the Nifty 50 are trading below their respective 200-DMAs.

RIL Q1 Profit Falls 22% on Asian Paints Stake Sale

RIL Q1 Profit Falls 22% on Asian Paints Stake Sale

Rediff.com17 Jul 2026

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.

Rajya Sabha MPs' expenses soar to Rs 262 cr in two yrs, reveals RTI

Rajya Sabha MPs' expenses soar to Rs 262 cr in two yrs, reveals RTI

Rediff.com19 Jul 2026

An RTI reply has revealed that over Rs 262 crore was spent on salaries, allowances, and facilities for Rajya Sabha MPs in the financial years 2024-25 and 2025-26. This includes more than Rs 151 crore specifically for allowances and travel, with a significant increase in expenditure from the first to the second year.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

Heavy rains, landslides disrupt Kedarnath, Mansarovar pilgrimages

Heavy rains, landslides disrupt Kedarnath, Mansarovar pilgrimages

Rediff.com19 Jul 2026

Heavy rainfall has disrupted major pilgrimages in Uttarakhand, including the Kedarnath route and the Kailash-Mansarovar Yatra, prompting the IMD to issue red and orange alerts for extremely heavy rainfall across several districts.