News for 'Indian Information Technology'

Govt body plans legal framework for AI companies

Govt body plans legal framework for AI companies

Rediff.com29 Apr 2026

India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.

FIR Against Yograj Singh Over Derogatory Remarks Against Women

FIR Against Yograj Singh Over Derogatory Remarks Against Women

Rediff.com14 May 2026

Former Indian cricketer and actor Yograj Singh has been booked in Chandigarh over alleged derogatory remarks against women made in a web series.

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.com6 days ago

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.

2 more chip packing units to come up by December: Vaishnaw

2 more chip packing units to come up by December: Vaishnaw

Rediff.com12 May 2026

Union Minister Ashwini Vaishnaw announced that two more semiconductor chip packaging units, part of the India Semiconductor Mission, are expected to be operational by July and December, respectively. He also highlighted India's focus on becoming a beneficiary of AI technology, expanding data centre infrastructure with significant investments, and developing new subsea cable networks for global connectivity.

Bihar's Shubham Kumar Tops JEE Advanced

Bihar's Shubham Kumar Tops JEE Advanced

Rediff.com2 days ago

Shubham Kumar from the IIT-Delhi zone has secured an All India Rank (AIR) in the IIT-JEE Advanced 2026 results declared by IIT-Roorkee.

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Rediff.com6 Apr 2026

Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.

Social Media Influencer Arrested For Abusive Video At Gwalior Fort

Social Media Influencer Arrested For Abusive Video At Gwalior Fort

Rediff.com18 Apr 2026

A social media influencer was arrested for allegedly uploading a reel containing abusive language with a Russian woman at the historic Gwalior Fort in Madhya Pradesh.

Indian-Origin Tech Leader Mangala Kuppa Named CIO of US Department of Labour

Indian-Origin Tech Leader Mangala Kuppa Named CIO of US Department of Labour

Rediff.com31 Mar 2026

Mangala Kuppa, an Indian-origin technology leader, has been appointed as the Chief Information Officer (CIO) of the US Department of Labour, after serving in an acting capacity since October. She also serves as the department's Chief Artificial Intelligence Officer.

Indian Scientists Pioneer DME Technology to Replace LPG Amid Supply Concerns

Indian Scientists Pioneer DME Technology to Replace LPG Amid Supply Concerns

Rediff.com13 Mar 2026

Researchers at CSIR-NCL have developed a technology for producing dimethyl ether (DME) as an alternative to liquefied petroleum gas (LPG), potentially reducing India's reliance on imports and enhancing energy security.

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.

IIT Guwahati Develops Innovative Semiconductor Platform

IIT Guwahati Develops Innovative Semiconductor Platform

Rediff.com4 hours ago

'Our research demonstrates the potential of perovskite-based semiconductor technologies for next-generation solar cells and memory devices.'

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

Jharkhand Man Acquitted In Cyber Fraud Case: Here's Why

Jharkhand Man Acquitted In Cyber Fraud Case: Here's Why

Rediff.com7 days ago

A local court in Mumbai acquitted a 23-year-old Jharkhand resident in a cyber fraud case, citing a lack of evidence proving a criminal conspiracy. The court ruled that merely crediting a defrauded amount into a person's bank account does not constitute a criminal offence without proof of involvement in the conspiracy.

Meerut Police Bust Illegal Telephone Exchange, Online Loan Fraud

Meerut Police Bust Illegal Telephone Exchange, Online Loan Fraud

Rediff.com21 May 2026

Police in Meerut, Uttar Pradesh, have dismantled an illegal telephone exchange allegedly used for revenue loss and an online fake loan racket, arresting three individuals and seizing a large quantity of equipment.

IIIT Nagpur Engineering Student Dies In Suspected Suicide

IIIT Nagpur Engineering Student Dies In Suspected Suicide

Rediff.com4 May 2026

A second-year engineering student at the Indian Institute of Information Technology Nagpur allegedly committed suicide by jumping from his hostel terrace. Police are investigating the incident and have registered a case of accidental death.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

No IIT After JEE? What To Do NEXT

No IIT After JEE? What To Do NEXT

Rediff.com3 hours ago

Many successful careers begin from ordinary colleges, says rediffGURU Radheshyam Zanwar as he guides worried a class 12 student who was unable to secure admission at an IIT.

Online IPL Betting Ring Uncovered in Goa, Six Arrested

Online IPL Betting Ring Uncovered in Goa, Six Arrested

Rediff.com16 Apr 2026

Six individuals from Gujarat, Rajasthan, and West Bengal have been arrested in Goa for allegedly running an online betting racket linked to the Indian Premier League (IPL).

Mumbai Constable Loses Lakhs In Loan Fraud After Phone Hack

Mumbai Constable Loses Lakhs In Loan Fraud After Phone Hack

Rediff.com20 Apr 2026

A woman constable in Mumbai Police was allegedly defrauded of Rs 12.46 lakh after her mobile phone was hacked via an APK file, leading to a personal loan being fraudulently obtained in her name.

India ready for 'Operation Sindoor 2.0' if...: Army Chief:

India ready for 'Operation Sindoor 2.0' if...: Army Chief:

Rediff.com4 days ago

Chief of Army Staff General Upendra Dwivedi stated that the armed forces are fully prepared for 'Operation Sindoor 2.0' if the need arises, emphasising enhanced synergy across all three services for modern multi-domain warfare.

The Best IIT To Study Engineering Is...

The Best IIT To Study Engineering Is...

Rediff.com23 Apr 2026

rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, suggests how to pick the best engineering college and course in India after class 12.

Gadkari calls for JVs with US cos to leverage their new tech

Gadkari calls for JVs with US cos to leverage their new tech

Rediff.com21 May 2026

Union Minister Nitin Gadkari has called for Indian companies to form joint ventures with US companies to leverage new technologies, while also expressing an ambitious target to make India's automobile industry the world's number one within five years.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

US raises concerns over India's data protection, internet shutdown policies

US raises concerns over India's data protection, internet shutdown policies

Rediff.com10 Apr 2026

The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.

Nigerian Cyber Fraudster Busted For Posing As US, UK Citizens

Nigerian Cyber Fraudster Busted For Posing As US, UK Citizens

Rediff.com16 May 2026

A Nigerian national was arrested in Delhi by the Uttar Pradesh STF for allegedly creating fake profiles of US and UK citizens on social media and cheating victims on the pretext of sending expensive gifts and foreign currency.

More Ministries May Get Online Content Blocking Powers

More Ministries May Get Online Content Blocking Powers

Rediff.com1 Apr 2026

'We are considering this to ensure swift action on content for which the respective ministries have domain experts and can better determine the illegality of the content or the web site that needs to be taken down.'

Banks On Alert As AI Model Threatens Data Security

Banks On Alert As AI Model Threatens Data Security

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com2 May 2026

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

How AI Can Boost India's Economy By $500 Billion

How AI Can Boost India's Economy By $500 Billion

Rediff.com13 May 2026

A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.

India must not rent its intelligence future: Adani

India must not rent its intelligence future: Adani

Rediff.com12 May 2026

Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.

Dog Trainer Jailed For Harassing Teen Online

Dog Trainer Jailed For Harassing Teen Online

Rediff.com6 May 2026

A 21-year-old man has been sentenced to five years in prison by a special POCSO court in Thane for sexually harassing and threatening a teenage girl after befriending her on social media while posing as a female.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

CBSE opens Class 12 re-evaluation portal amid OSM glitches

CBSE opens Class 12 re-evaluation portal amid OSM glitches

Rediff.com1 days ago

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.

Banks On Alert Over AI Security Risks

Banks On Alert Over AI Security Risks

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.

CBSE Announces Class 10 Second Board Exam Dates

CBSE Announces Class 10 Second Board Exam Dates

Rediff.com23 Apr 2026

The Central Board of Secondary Education (CBSE) has released the schedule for the second board examinations for Class 10, which will take place from May 15 to May 21. The exams are optional and offer students a chance to improve their scores or clear failed subjects.

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Rediff.com5 May 2026

Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.

How IndiaAI Mission Is Helping AI Startups Scale Globally

How IndiaAI Mission Is Helping AI Startups Scale Globally

Rediff.com17 Apr 2026

The IndiaAI Mission, under MeitY, has selected 10 Indian AI startups for its Global Acceleration Programme, aimed at fostering international growth and innovation.