News for 'Indian IT Industry'

EV penetration in luxury car segment dips in GST 2.0 era

EV penetration in luxury car segment dips in GST 2.0 era

Rediff.com4 Jan 2026

Electric vehicle (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions offering better total cost of ownership, according to industry players. While the trend is also visible in the mass market segment, it is the entry luxury segment that is witnessing a more marked shift towards internal combustion engine (ICE) vehicles as price difference between EV and ICE widened under the new GST rates.

India, US engaged on early trade deal as space tie-up deepens: Envoy Kwatra

India, US engaged on early trade deal as space tie-up deepens: Envoy Kwatra

Rediff.com25 Dec 2025

Kwatra termed India's successful launch of an American communication satellite on Wednesday as a 'very important and big day' for partnership between Washington and New Delhi, saying it caps a series of achievements in 2025 in bilateral space cooperation between the countries.

'Need anti-dumping duties on Chinese excavators, cranes'

'Need anti-dumping duties on Chinese excavators, cranes'

Rediff.com8 Dec 2025

The Indian government should urgently consider imposing safeguard or anti-dumping duties on imports of two construction equipment segments - crawler excavators and tower cranes - as Chinese companies are rapidly expanding their presence in these markets in India through 'predatory' pricing supported by lower raw material costs, substantial export subsidies, and extended credit schemes, said Sorab Agarwal, executive director at Action Construction Equipment (ACE).

2026 will see launch of over 25 new cars

2026 will see launch of over 25 new cars

Rediff.com15 Dec 2025

Starting January, the market is expected to welcome models like the Tata Punch 2025 which is expected to be around 6 lakh, Mahindra BE 07 EV around 29 lakh, Maruti WagonR Electric around 8.5 lakh, Toyota 3-Row SUV around 14 lakh, and Volkswagen Tera to be around 8 lakh.

India Tech Hiring Near 6-Year Low

India Tech Hiring Near 6-Year Low

Rediff.com3 Jan 2026

As of January 2026, the number of active job openings stood at 103,000, down 24 per cent from 136,000 in the same period last year.

2026: How Will Residential Real Estate Grow?

2026: How Will Residential Real Estate Grow?

Rediff.com5 Jan 2026

While gold continues to provide safety after its strong 2025 rally, well-chosen real estate investments held with a long-term view remain attractive.

Why Carmakers Are Reviving Old Names

Why Carmakers Are Reviving Old Names

Rediff.com16 Dec 2025

Indian automakers are reviving legacy nameplates to leverage brand recall and stand out in a crowded market, as classic badges like Sierra, Safari, Baleno and Scorpio return to attract buyers.

'India Is Uber's Third-Largest Market'

'India Is Uber's Third-Largest Market'

Rediff.com6 Jan 2026

'We serve more than 1.2 billion trips annually and have over 1.5 million active earners each month using the platform.'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

Rediff.com8 Jan 2026

'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'

India to emerge as largest scotch market

India to emerge as largest scotch market

Rediff.com10 Nov 2025

India is poised to become the largest global scotch whisky market in value and volume terms over the next few years, fuelled by competitive intensity, premiumisation and economic growth, Scotch Whisky Association chief executive Mark Kent CMG has said.

Sensex jumps 448 points on fresh fund inflows

Sensex jumps 448 points on fresh fund inflows

Rediff.com19 Dec 2025

From the 30-Sensex firms, Bharat Electronics, Power Grid, Tata Motors Passenger Vehicles, Asian Paints, Reliance Industries, and Bajaj Finserv were among the biggest gainers. However, HCL Tech, Kotak Mahindra Bank, ICICI Bank, and Sun Pharma were the laggards.

Will New Labour Codes Boost Textile Exports?

Will New Labour Codes Boost Textile Exports?

Rediff.com2 Dec 2025

While the move may give a competitive edge over rivals like Bangladesh in the global market, several industry bodies raised concerns that many state governments may not implement it on the ground.

'Sensex Captures Changing Structure Of Economy'

'Sensex Captures Changing Structure Of Economy'

Rediff.com26 Dec 2025

'Only four or five original companies remain; the rest have been replaced every decade as sectors evolve or leadership shifts.' 'Companies that fail to adapt -- like many textile mills from the 1970s and shipping firms from the 1980s -- disappear.' 'Benchmark indices reward those who reinvent themselves in line with economic demands.'

Stock markets end lower in volatile trade

Stock markets end lower in volatile trade

Rediff.com24 Dec 2025

From the 30-Sensex firms, InterGlobe Aviation, Sun Pharma, Asian Paints, Reliance Industries, Hindustan Unilever, and Tata Steel were among the biggest laggards. However, Trent, UltraTech Cement, Maruti, and Power Grid were among the gainers.

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Rediff.com14 May 2025

A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.

With firefighting behind them, insurers can now shift gears and focus on growth

With firefighting behind them, insurers can now shift gears and focus on growth

Rediff.com3 Dec 2025

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.

Indian team back from US after holding trade talks

Indian team back from US after holding trade talks

Rediff.com25 Sep 2025

The Indian team has returned from the US after holding trade talks with their American counterparts in New York, an official said on Thursday. Commerce and Industry Minister Piyush Goyal, who led the team, will be back on Friday.

The Greatest Thing Sreenivasan Did For Malayalam Cinema

The Greatest Thing Sreenivasan Did For Malayalam Cinema

Rediff.com7 Jan 2026

Sreenivasan could so willingly be 'our little man' because in his heart of hearts he never felt trivial or inconsequential. And to the very end he stayed that way, the shrimp who knew he was a giant. Sreehari Nair doffs his hat to the late legend.

Investors cheer merger of Ambuja, ACC, Orient

Investors cheer merger of Ambuja, ACC, Orient

Rediff.com24 Dec 2025

Investors have put money in Ambuja Cements shares as the cement major has moved to consolidate its operations. The Adani Group company has proposed to merge its subsidiaries ACC and Orient Cement into the parent entity.

Andhra all set for huge investments from Adani Group, Reliance

Andhra all set for huge investments from Adani Group, Reliance

Rediff.com15 Nov 2025

Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.

Liquor firms in Telangana buckle under unpaid state bills

Liquor firms in Telangana buckle under unpaid state bills

Rediff.com2 Dec 2025

A deepening payment paralysis in Telangana's liquor industry is beginning to choke manufacturing units and strain supplies, employment, and the broader investment landscape, industry bodies have warned, as unpaid dues accumulate to levels they describe as "unprecedented" and "severe".

Trump's 5% Rule: How Will It Affect Indian Students?

Trump's 5% Rule: How Will It Affect Indian Students?

Rediff.com14 Oct 2025

Trump's proposed policy limits undergraduates from any one country to 5% at select top US universities, raising concerns for Indian aspirants eyeing elite colleges.

Smallcap Index Faces Worst Year Since 2018

Smallcap Index Faces Worst Year Since 2018

Rediff.com31 Dec 2025

Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25.

'If You Play A Goon Once, Everyone Starts Thinking You Are A Goon'

'If You Play A Goon Once, Everyone Starts Thinking You Are A Goon'

Rediff.com19 Dec 2025

'I felt I didn't understand the film industry at all.'

Intel, Tata in JV to make, assemble semiconductors in India

Intel, Tata in JV to make, assemble semiconductors in India

Rediff.com8 Dec 2025

US-based chip maker Intel has signed an agreement with Tata Group to manufacture and assemble semiconductors in India for the local market, the Indian conglomerate said on Monday.

The Major Crisis Facing Indian Students

The Major Crisis Facing Indian Students

Rediff.com3 Oct 2025

A startling United Nations study finds that only 10 per cent of students in India ever access professional career counselling.

Make demergers tax-neutral, biz houses nudge govt

Make demergers tax-neutral, biz houses nudge govt

Rediff.com26 Nov 2025

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.

Kangana's Ready For The Shaadiwala Season

Kangana's Ready For The Shaadiwala Season

Rediff.com6 Oct 2025

When asked which politician would ace the ramp, she had a surprising answer.

Insurance: Lack of legacy distribution network a challenge for foreign cos

Insurance: Lack of legacy distribution network a challenge for foreign cos

Rediff.com22 Dec 2025

The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.

India's diagnostic chains are in expansion mode. Here's why

India's diagnostic chains are in expansion mode. Here's why

Rediff.com29 Dec 2025

India's diagnostics sector is accelerating capacity addition and geographic expansion, as large chains and regional players invest in new laboratories, integrated centres and dense sample collection networks to tap rising demand for preventive, advanced and precision testing.

Historic! ISRO's 'Bahubali' rocket launches heaviest-ever satellite

Historic! ISRO's 'Bahubali' rocket launches heaviest-ever satellite

Rediff.com24 Dec 2025

Weighing 6,100 kg, the communication satellite would be the heaviest payload to be placed into the Low Earth Orbit (LEO) in LVM3 launch history from Indian soil.

India, New Zealand conclude FTA negotiations

India, New Zealand conclude FTA negotiations

Rediff.com22 Dec 2025

New Zealand Prime Minister Christopher Luxon on Monday said the negotiations for a free trade agreement with India have been concluded.

PSBs rework branch plan to pare costs

PSBs rework branch plan to pare costs

Rediff.com23 Dec 2025

In order to optimise branch efficiency, public sector banks (PSBs) are reworking their strategies to streamline operations and reduce cost amid changing customer behaviour. The strategies include closing or merging low traffic branches and reducing their size in smaller centres.

How insurers stand to gain from GST rate cut

How insurers stand to gain from GST rate cut

Rediff.com4 Dec 2025

The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.

SIR row: Centre gives Y-plus security to Bengal CEO after threat

SIR row: Centre gives Y-plus security to Bengal CEO after threat

Rediff.com28 Dec 2025

The central government has provided armed security to West Bengal's Chief Electoral Officer following potential threats related to the ongoing Special Intensive Revision of electoral rolls.

India flags humanitarian risks in US H-1B fee hike

India flags humanitarian risks in US H-1B fee hike

Rediff.com20 Sep 2025

India has expressed concerns over the potential humanitarian consequences of the Trump administration's new restrictions on the H1B visa program, particularly the disruption to families. The government hopes the US authorities will address these issues.

Indian exporters likely to gain from US-China trade war escalation: Experts

Indian exporters likely to gain from US-China trade war escalation: Experts

Rediff.com11 Oct 2025

The escalating trade war between the US and China is expected to benefit Indian exporters in increasing their shipments to the American market, according to experts. Federation of Indian Export Organisations (PTI) President S C Ralhan said that imposition of higher tariffs by the US on China will shift demand towards India, which exported goods worth Rs 86 billion to the US in 2024-25.

ISRO lines up 7 launches by Mar, including Gaganyaan uncrewed mission

ISRO lines up 7 launches by Mar, including Gaganyaan uncrewed mission

Rediff.com14 Dec 2025

ISRO has announced plans for seven launch missions by March, including the first uncrewed mission for the Gaganyaan project and demonstrations of new satellite technologies.

Govt: Boost AI Now or Lose IT Edge

Govt: Boost AI Now or Lose IT Edge

Rediff.com20 Nov 2025

'What the government is doing would be a drop in the ocean. It has to be matched by investments by industry.'

Govt moots power sector reforms to address discom losses

Govt moots power sector reforms to address discom losses

Rediff.com15 Oct 2025

The idea is to establish a robust and forward-looking legal framework that addresses the financial stress of power distribution companies, which are facing losses of over 6.9 trillion, while curbing high industrial tariffs that, according to the government, have affected competitiveness, constrained economic growth, and slowed the transition to clean energy.