News for 'Indian IT Industry'

How DIIs, MFs are providing crucial stability to Indian markets

How DIIs, MFs are providing crucial stability to Indian markets

Rediff.com4 Jul 2026

Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.

Can India Become New Power Centre Of Global Chess?

Can India Become New Power Centre Of Global Chess?

Rediff.com1 Aug 2026

'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'

Railways to take reforms path to boost share in freight transport

Railways to take reforms path to boost share in freight transport

Rediff.com31 Jul 2026

"Indian Railways is now the world's second-largest cargo carrier by volume, up from fourth, even as its share of the country's total freight movement remains well below potential.'

Sunil Chhetri's Plea To Tata Group: Don't Shut Down Jamshedpur FC

Sunil Chhetri's Plea To Tata Group: Don't Shut Down Jamshedpur FC

Rediff.com7 days ago

Former India captain Sunil Chhetri has publicly appealed to the Tata Group to reverse its decision to withdraw Indian Super League club Jamshedpur FC.

How AI Is Set To Revolutionise India's Power Generation By 2030

How AI Is Set To Revolutionise India's Power Generation By 2030

Rediff.com4 days ago

A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.

Jamshedpur FC Players' Emotional Appeal To Tata Group To Reconsider Club Closure

Jamshedpur FC Players' Emotional Appeal To Tata Group To Reconsider Club Closure

Rediff.com2 Aug 2026

Jamshedpur FC players have released an emotional video appealing to owners Tata Group to reverse their decision to shut down the Indian Super League club.

Passenger Vehicle Sales in India Soar 33% in July, Driven by Maruti Suzuki and Hyundai's Record Performance

Passenger Vehicle Sales in India Soar 33% in July, Driven by Maruti Suzuki and Hyundai's Record Performance

Rediff.com1 Aug 2026

Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.

Indian-Origin Founders Build Global Space Exchange

Indian-Origin Founders Build Global Space Exchange

Rediff.com3 Jul 2026

Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Rediff.com28 May 2026

The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.

AI And E-Commerce To Drive India's Consumer Economy To $1.9 Trillion By 2030

AI And E-Commerce To Drive India's Consumer Economy To $1.9 Trillion By 2030

Rediff.com6 days ago

A joint report by Deloitte India and FICCI projects India's consumer economy to reach USD 1.9 trillion by 2030. This growth will be fuelled by rapid AI adoption, evolving consumer preferences, and new commerce models like e-commerce and quick commerce. India leads in AI adoption among top countries, with businesses leveraging it for engagement, innovation, and forecasting. The report also highlights the emergence of a new Indian consumer seeking convenience and transparency, and identifies key trends shaping FMCG, retail, and e-commerce sectors.

Why Pakistan's Hangors Submarines Face India's ASW Shield

Why Pakistan's Hangors Submarines Face India's ASW Shield

Rediff.com11 hours ago

Hangors are effectively 'dead-on-arrival' with Pakistanis saddled with deadweights that displace around 3,000 tons. Last time it was near Vishakhapatnam. This time, barnacles will clog the Hangors in Karachi port itself, points out Dr Abhishek Puri.

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Rediff.com10 Jul 2026

Indian Hotels Company Ltd (IHCL) is expected to benefit from higher room rates, rising occupancy, and strategic acquisitions, with analysts projecting double-digit revenue growth for FY27 driven by strong domestic demand and a favourable demand-supply dynamic.

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

Rediff.com30 Jul 2026

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

GDN Review: Madhavan Lifts Generic Biopic

GDN Review: Madhavan Lifts Generic Biopic

Rediff.com11 hours ago

GDN has a fascinating genius at its centre, but Madhavan's terrific performance is let down by a repetitive, overly familiar biopic treatment.

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Rediff.com15 May 2026

The Indian government's decision to ban sugar exports until September 30 has drawn sharp criticism from the sugar industry and farmer leaders, who fear long-term negative impacts despite the stated aim of controlling domestic prices and ensuring availability.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com3 days ago

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

Sun Pharma sees 27% profit surge in Q1FY27, driven by India and innovative medicines

Sun Pharma sees 27% profit surge in Q1FY27, driven by India and innovative medicines

Rediff.com1 Aug 2026

Sun Pharmaceutical Industries reported a 27 per cent year-on-year increase in consolidated net profit to 2,894.7 crore for Q1FY27, with revenue growing 10 per cent to 15,299.8 crore, driven by strong performance in India and innovative medicines.

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Rediff.com27 Jul 2026

India's passenger vehicle industry is poised for a record-breaking year in 2026, propelled by robust dispatches in the first half of the calendar year and strong demand for utility vehicles, despite facing several economic challenges.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com20 Jul 2026

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com20 Jul 2026

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

What Made The Toxic Trailer Launch So Different

What Made The Toxic Trailer Launch So Different

Rediff.com4 hours ago

The Toxic trailer seems to be deliberately ambiguous. It throws period drama, gangster wars, family conflict, violence, romance, and something fantastical into the same pot. At times, it feels as if I am watching several films fighting for space inside one trailer.

Indian Equities Rebound as Oil Prices Soften, Global Cues Turn Positive

Indian Equities Rebound as Oil Prices Soften, Global Cues Turn Positive

Rediff.com22 Jun 2026

Indian stock markets, including the Sensex and Nifty, rebounded significantly, driven by a decline in crude oil prices and positive global cues stemming from hopes of diplomatic progress in US-Iran negotiations.

7 states account for 85% of India's installed solar capacity

7 states account for 85% of India's installed solar capacity

Rediff.com30 Jul 2026

Despite aggressive expansion, India's solar power sector faces significant hurdles from rising regional disparities in installed capacity and a looming manufacturing glut due to overcapacity in domestic solar equipment production, potentially leading to consolidation and pricing pressures.

12 Indians among 13 killed in blast at Qatar gas plant

12 Indians among 13 killed in blast at Qatar gas plant

Rediff.com23 Jun 2026

An explosion at the Barzan local gas supply facility in Ras Laffan Industrial City, Qatar, resulted in the deaths of 13 people, including Indian and Pakistani nationals, and injured 66 others. The incident, attributed to a technical malfunction during start-up operations, prompted immediate response from Qatari authorities and an offer of assistance from the Indian Embassy.

Investors Mistake Parle Industries for Melody Toffee Maker, Stock Surges

Investors Mistake Parle Industries for Melody Toffee Maker, Stock Surges

Rediff.com21 May 2026

Shares of Parle Industries Ltd surged by 5% after Prime Minister Narendra Modi gifted Melody toffees to Italian Prime Minister Giorgia Meloni.

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Rediff.com25 Jun 2026

Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com7 days ago

'At the end of the day, it is just another technology produced by the human mind.'

IIT Indore Pioneers Rapid Waste-To-Chemical Conversion

IIT Indore Pioneers Rapid Waste-To-Chemical Conversion

Rediff.com28 Jul 2026

Researchers at IIT Indore have developed a groundbreaking method to convert carbon dioxide and glycerol, two common waste materials, into valuable green chemicals like lactic acid and formic acid in just seven minutes. This low-energy process uses a specially designed ruthenium-based catalyst and microwave heating, offering a sustainable solution for waste management and green manufacturing.

Electrifying! Olectra first co to deploy 4,000 e-buses in India

Electrifying! Olectra first co to deploy 4,000 e-buses in India

Rediff.com1 Aug 2026

Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on Indian roads, marking a significant milestone in the country's transition to sustainable public transport and reinforcing its leadership in electric mobility.

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Rediff.com2 Jul 2026

Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com7 days ago

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Rediff.com29 Jun 2026

Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.

I was a moderate Hindu, now I want to convert to...: Kangana

I was a moderate Hindu, now I want to convert to...: Kangana

Rediff.com7 days ago

Kangana Ranaut has sparked fresh controversy by declaring her intention to "convert" to an "awakened Hindu" ideology, aligning with BJP and RSS.

The 10 Best Indian Films Of 2026 So Far

The 10 Best Indian Films Of 2026 So Far

Rediff.com8 Jul 2026

From Ikkis to Balan: The Boy, these are the 10 Indian films that truly deserved the loudest applause in the first half of 2026.

Stock Markets Today: Sensex, Nifty Down on US-Iran Crisis, Surging Crude Prices

Stock Markets Today: Sensex, Nifty Down on US-Iran Crisis, Surging Crude Prices

Rediff.com23 Jul 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant surge in crude oil prices, exacerbated by escalating tensions in the West Asia. Track how Sensex, Nifty fared on July 23.

Bajaj Finance surges 8% as Sensex, Nifty extend rally to third day

Bajaj Finance surges 8% as Sensex, Nifty extend rally to third day

Rediff.com31 Jul 2026

Indian benchmark indices Sensex and Nifty recorded their third consecutive day of gains, primarily driven by an over 8 per cent surge in Bajaj Finance following strong Q1 FY27 results, coupled with significant foreign fund inflows and a dip in crude oil prices.

Stock Markets Today: Sensex, Nifty Tumble, HDFC Bank, Oil Spike Hurt Sentiments

Stock Markets Today: Sensex, Nifty Tumble, HDFC Bank, Oil Spike Hurt Sentiments

Rediff.com20 Jul 2026

Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, primarily driven by heavy selling in HDFC Bank following its quarterly earnings and a sharp spike in Brent crude oil prices due to escalating tensions between the US and Iran. Track Sensex, Nifty

Telugu Actor Pavala Shyamala Dies

Telugu Actor Pavala Shyamala Dies

Rediff.com29 Jul 2026

Telugu actor Pavala Shyamala, aged 75, has passed away after suffering a cardiac arrest.

India's gold demand falls 6% in Q2 on weak seasonal sales

India's gold demand falls 6% in Q2 on weak seasonal sales

Rediff.com31 Jul 2026

India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.

N-plants save blushes for India's Q1 investment outlay

N-plants save blushes for India's Q1 investment outlay

Rediff.com6 hours ago

India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.