News for 'IT services'

One More Arrest In Odisha Constable Lynching Case

One More Arrest In Odisha Constable Lynching Case

Rediff.com2 Jun 2026

One more person has been arrested in connection with the lynching of a GRP constable in Odisha, bringing the total number of arrests to 18. The incident occurred after the constable was accused of attempted rape following a road accident.

ACS Officer Arrested, Crores Seized In Graft Case

ACS Officer Arrested, Crores Seized In Graft Case

Rediff.com23 May 2026

An Assam Civil Service (ACS) officer has been arrested on graft charges, with over Rs 1.66 crore in cash and fixed deposits worth another Rs 86 lakh seized, along with investment documents.

Trademark Applications Filed For Cockroach Janata Party

Trademark Applications Filed For Cockroach Janata Party

Rediff.com21 May 2026

Three separate trademark applications have been filed seeking rights over the name Cockroach Janata Party, official records showed.

New ITR Rules Taxpayers Must Know About

New ITR Rules Taxpayers Must Know About

Rediff.com2 Jun 2026

"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."

RBI Achieves Near-Perfect Application Processing Rate

RBI Achieves Near-Perfect Application Processing Rate

Rediff.com1 Jun 2026

The Reserve Bank of India (RBI) announced that it processed 99.9 per cent of applications within the prescribed timeline under its Citizen's Charter in May 2026. The central bank handled 18,763 applications, showcasing efficient processing across various functions.

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

Rediff.com28 May 2026

CPI(M) workers clashed with security personnel outside former Chief Minister Pinarayi Vijayan's residence in Kerala during Enforcement Directorate (ED) searches related to the alleged CMRL monthly payment case involving his daughter.

Interstate Liquor Smuggling Network Busted; Crores Worth Of Illicit Liquor Seized

Interstate Liquor Smuggling Network Busted; Crores Worth Of Illicit Liquor Seized

Rediff.com27 May 2026

Delhi Police have dismantled an interstate liquor smuggling network, seizing illicit spirits worth approximately Rs 1.50 crore and arresting three individuals in Delhi and Bengaluru.

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com25 Feb 2026

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

Fintechs Seek Safe Harbour Shield

Fintechs Seek Safe Harbour Shield

Rediff.com5 Jun 2026

'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'

US lost 42 aircraft, including fighter jets in Iran war: Report

US lost 42 aircraft, including fighter jets in Iran war: Report

Rediff.com20 May 2026

A Congressional Research Service report reveals that at least 42 US aircraft were lost or damaged during Operation Epic Fury, targeting Iran, with costs estimated to reach USD 29 billion.

Suman Kalyanpur Laid to Rest With State Honours

Suman Kalyanpur Laid to Rest With State Honours

Rediff.com2 Jun 2026

Suman Kalyanpur, known for her melodious voice and soulful renditions, was laid to rest with full state honours in Mumbai.

Op Sindoor: 'Pakistan Was Completely Blind'

Op Sindoor: 'Pakistan Was Completely Blind'

Rediff.com5 Jun 2026

'We won not (only) because we were able to carry out long-range precision strikes.' 'That is, of course, one of the reasons but we had better situational awareness about what's happening than Pakistan.'

Ex-Police Officer Commits Suicide At Jodhpur Home

Ex-Police Officer Commits Suicide At Jodhpur Home

Rediff.com29 May 2026

A retired Additional Superintendent of Police (ASP) allegedly died by suicide at his residence in Jodhpur. The deceased officer, Dashrath Singh Charan, had retired from service nearly two years ago and had recently moved into a new house with his wife.

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Rediff.com27 May 2026

Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.

Stock Markets Today: Sensex, Nifty Decline Amid US-Iran Tensions

Stock Markets Today: Sensex, Nifty Decline Amid US-Iran Tensions

Rediff.com2 Jun 2026

Indian equity benchmark indices Sensex and Nifty declined in early trade, driven by persistent concerns over the unresolved US-Iran situation and continued outflows from foreign institutional investors.

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of a money laundering probe linked to the CMRL case involving his daughter, Veena Vijayan.

CBSE opens Class 12 re-evaluation portal amid OSM glitches

CBSE opens Class 12 re-evaluation portal amid OSM glitches

Rediff.com2 Jun 2026

The launch comes a day after a CBSE official told ANI that the portal, originally scheduled to go live on June 1, had encountered technical issues and would start soon. The delay had sparked concern among students and parents, particularly after reports of glitches during the answer-sheet access process earlier this month.

'Where's The Letter Which Says 20 MPs Are Leaving TMC?'

'Where's The Letter Which Says 20 MPs Are Leaving TMC?'

Rediff.com10 Jun 2026

'Now if you break the party under the 10th Schedule you have to join another party.' 'You cannot join the NDA as it is not a party. You can only join another party, and that is the BJP.' 'So the question to ask is that these so-called 20 TMC Lok Sabha MPs who are parting ways with the TMC, are they ready to join the BJP and accept Narendra Modi as their leader?'

Odisha Government Honours Para Archer Payal Nag For World Series Win

Odisha Government Honours Para Archer Payal Nag For World Series Win

Rediff.com29 May 2026

The Odisha government felicitated para archer Payal Nag for winning two gold medals at the World Para Archery Series 2026 in Bangkok and qualifying for the Para Asian Games. She received a cash award and funds for sports equipment.

Jharkhand Court Addresses Jail Sex Abuse Allegations

Jharkhand Court Addresses Jail Sex Abuse Allegations

Rediff.com22 May 2026

The Jharkhand High Court has taken suo motu cognisance of alleged sexual exploitation of a woman inmate at Birsa Munda Central Jail by the prison superintendent, registering a public interest litigation and directing the state government to file a detailed report.

As FIFA World Cup nears, homeless in US host city feel the heat

As FIFA World Cup nears, homeless in US host city feel the heat

Rediff.com5 Jun 2026

When Atlanta hosted the 1996 Olympics, police were accused of arresting homeless people by the thousands. The crackdown resulted in a welter of lawsuits and news stories that caused long-term damage to the city's reputation. Now the Georgia state capital is looking to show the world that it has moved on, as it hosts World Cup games this summer.

St Stephen's College Defies Stay Order On Teacher Recruitment

St Stephen's College Defies Stay Order On Teacher Recruitment

Rediff.com23 May 2026

St Stephen's College is embroiled in a dispute with Delhi University over teacher recruitment, with a court order halting the process and a fresh examination roster including newly recruited teachers.

US shuts India-based call centre defrauding elderly Americans

US shuts India-based call centre defrauding elderly Americans

Rediff.com21 May 2026

US authorities have shut down an India-based call centre operation that allegedly defrauded hundreds of elderly Americans of millions of dollars through tech support scams, following a years-long investigation.

Deadly fire puts Delhi's patient hotel hub under lens

Deadly fire puts Delhi's patient hotel hub under lens

Rediff.com4 Jun 2026

A devastating fire at a bed and breakfast hotel in Malviya Nagar, South Delhi, has claimed 21 lives, including foreign nationals. The incident has brought intense scrutiny to the densely packed area, a popular hub for patients seeking affordable accommodation near Max Hospital, raising serious concerns about fire safety compliance and building norms in such establishments.

Air India suspends several international flights amid high fuel prices

Air India suspends several international flights amid high fuel prices

Rediff.com13 May 2026

Air India has announced a reduction in international flights and temporary suspension of services on six routes, including Delhi-Chicago, due to airspace restrictions and high jet fuel prices.

Man Arrested With Country-Made Pistol In Latur

Man Arrested With Country-Made Pistol In Latur

Rediff.com28 May 2026

A man was arrested in Latur, India, for possession of a country-made pistol as part of intensified security measures ahead of upcoming festivals.

Punjab Police Vows Justice For Slain Officer's Family

Punjab Police Vows Justice For Slain Officer's Family

Rediff.com30 May 2026

Punjab Director General of Police Gaurav Yadav visited the family of a murdered assistant sub-inspector in Batala, assuring them that the perpetrators will be brought to justice. ASI Joga Singh was shot dead on May 24 while commuting to work.

Nagpur Clerk Held For Taking Bribe Over Medical Claim

Nagpur Clerk Held For Taking Bribe Over Medical Claim

Rediff.com27 May 2026

A junior clerk in Nagpur was arrested for allegedly accepting a bribe to process a medical reimbursement claim, according to the Anti Corruption Bureau.

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Rediff.com5 Jun 2026

Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Rediff.com1 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.

Telangana Official Booked In Disproportionate Assets Case

Telangana Official Booked In Disproportionate Assets Case

Rediff.com22 May 2026

A government official in Telangana is under investigation for allegedly acquiring assets through corrupt practices. The Anti Corruption Bureau (ACB) conducted searches at multiple locations and found significant property documents, cash, and gold ornaments.

Man held in Hyderabad over ISI crime syndicate links

Man held in Hyderabad over ISI crime syndicate links

Rediff.com28 May 2026

A 22-year-old man was arrested in Hyderabad for allegedly attempting to join a crime syndicate with links to Pakistan's ISI and trying to procure weapons.

Infosys targets $300-400 bn AI services opportunity

Infosys targets $300-400 bn AI services opportunity

Rediff.com17 Feb 2026

Infosys on Tuesday unveiled its AI First Value Framework, positioning itself to capture an estimated $300-400 billion incremental AI services opportunity by 2030, as global enterprises accelerate adoption of generative and agentic AI.

'An Idle Siddaramaiah Is Dangerous'

'An Idle Siddaramaiah Is Dangerous'

Rediff.com5 Jun 2026

'It all depends on how Shivakumar uses him and treats him.'

Why Estonian Tech Startups Are Keen On Partnering With India

Why Estonian Tech Startups Are Keen On Partnering With India

Rediff.com31 May 2026

Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.

UP Man Arrested For Alleged Links To Pak Terror Network

UP Man Arrested For Alleged Links To Pak Terror Network

Rediff.com1 Jun 2026

The Uttar Pradesh Anti-Terrorist Squad (ATS) has arrested a man from Azamgarh for allegedly working for a terror network linked to Pakistani gangster Shahzad Bhatti and Pakistan's Inter-Services Intelligence (ISI).

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.

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.

Why Slow Travel Is The Best Kind Of Holiday

Why Slow Travel Is The Best Kind Of Holiday

Rediff.com1 Jun 2026

There are rewards in the gentle rhythm of travelling with elders. You can actually unwind, relax and chill. You will not need a holiday to recover from the holiday when you return home!

Why Customer Experience Is Key For Indian Banks

Why Customer Experience Is Key For Indian Banks

Rediff.com21 May 2026

An EY India report suggests that banks must compete on customer experience and evolve physical branches into phygital advisory hubs. The report highlights the importance of anticipating customer needs and blending digital tools with human interaction.