News for 'Indian Revenue Service'

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to withdraw her money, sparking widespread condemnation. The bank claims it only requested valid documents, but the incident has raised questions about the treatment of vulnerable customers.

Haryana Suspends IAS Officers Amid IDFC Bank Fraud Investigation

Haryana Suspends IAS Officers Amid IDFC Bank Fraud Investigation

Rediff.com9 Apr 2026

The Haryana government has suspended two IAS officers, Ram Kumar Singh and Pardeep Kumar, in connection with an ongoing investigation into a Rs 590-crore fraud case involving IDFC First Bank.

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

Rediff.com11 May 2026

West Bengal's new government, led by Chief Minister Suvendu Adhikari, has approved several key policy changes, including the implementation of the Ayushman Bharat health scheme, land transfer for border fencing, and the adoption of new criminal laws.

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Rediff.com11 May 2026

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

Rediff.com11 May 2026

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

Couple Banned from UK Companies for Breaching Disqualification Order

Couple Banned from UK Companies for Breaching Disqualification Order

Rediff.com5 Apr 2026

An Indian-origin couple in the UK has been sentenced for breaching a disqualification order, operating companies despite a ban imposed after tax fraud claims.

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Rediff.com24 Apr 2026

Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

Rediff.com3 Jun 2026

Sacred spots and soaring peaks: Bucket-listing across the heartland. Roopa Unnikrishnan and her father journey through the heart of India.

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

Rediff.com10 Apr 2026

India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

Fuel curbs brew concern over Darjeeling first flush

Fuel curbs brew concern over Darjeeling first flush

Rediff.com18 Mar 2026

Tea planters in Darjeeling have raised that a shortage of commercial LPG, triggered by the ongoing conflict in West Asia, could hit tea processing during the first flush, the delicate early-season harvest that commands the highest premiums and often sets the tone for the year.

Jefferies downgrades IT, cuts earnings estimates

Jefferies downgrades IT, cuts earnings estimates

Rediff.com24 Feb 2026

Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

IndiGo to face pressure from fuel price spike: Moody's

IndiGo to face pressure from fuel price spike: Moody's

Rediff.com17 Mar 2026

IndiGo airline will face near-term pressure on profitability from rising fuel prices following the escalation of conflict in West Asia, though it is likely to pass on higher costs to passengers over time because its ticket booking cycle is relatively short, according to a report by Moody's Ratings.

Inderjit Singh Bindra: Architect of Modern Indian Cricket

Inderjit Singh Bindra: Architect of Modern Indian Cricket

Rediff.com27 Jan 2026

As he is laid to rest, Indian cricket bids farewell to one of its greatest administrators -- a visionary who understood that breaking monopolies and building stadiums were about the same thing: Giving millions of cricket-loving Indians the infrastructure worthy of their passion.

Is The Tata Legacy Losing Its Shine?

Is The Tata Legacy Losing Its Shine?

Rediff.com27 Apr 2026

Three disappointing experiences with Tata companies made me question whether the group's historic values of customer focus and accountability are slowly fading, notes Dr N Ravichandran.

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Rediff.com5 Feb 2026

Cognizant reported a significant increase in net income for the December quarter, driven by AI efficiencies and strong performance in the financial services sector. The company also announced a major deal and provided guidance for the upcoming year.

'Dhurandhar Is Not A Ranveer Singh Film'

'Dhurandhar Is Not A Ranveer Singh Film'

Rediff.com2 Apr 2026

The monumental box office success of the Dhurandhar franchise has been attributed to Director Aditya Dhar's creative vision, rather than lead star Ranveer Singh's appeal.

Sameer Wankhede moves court over 'Ba***ds...' portrayal

Sameer Wankhede moves court over 'Ba***ds...' portrayal

Rediff.com25 Sep 2025

Former Mumbai zonal director at Narcotics Control Bureau (NCB) and Indian Revenue Service (IRS) officer Sameer Wankhede has filed a defamation suit before the Delhi high court against Red Chillies Entertainment Pvt Ltd, the production house owned by Bollywood star Shah Rukh Khan and his wife, Gauri Khan.

Friday the 13th caps a week of AI-sparked horror in IT stocks

Friday the 13th caps a week of AI-sparked horror in IT stocks

Rediff.com14 Feb 2026

The selloff in domestic information technology stocks intensified on Friday, with the Nifty IT index sliding as much as 5.2 per cent during the session before paring losses to close 1.44 per cent lower.

Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs 16,660 crore

Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs 16,660 crore

Rediff.com25 Mar 2026

A consortium led by the Aditya Birla Group emerged the lead bidder to acquire IPL franchise Royal Challengers Bengaluru for a whopping Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs Rs 16,660 crore.

How US tariffs impact Indian IT services cos in near term

How US tariffs impact Indian IT services cos in near term

Rediff.com3 Apr 2025

Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.

Budget 2026: What The Fiscal Numbers Show

Budget 2026: What The Fiscal Numbers Show

Rediff.com12 Feb 2026

The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.

Mastermind Arrested In Interstate Robbery Gang Bust

Mastermind Arrested In Interstate Robbery Gang Bust

Rediff.com18 Apr 2026

Police in Haryana have arrested seven individuals, including the suspected mastermind, in connection with a robbery of gold and cash from a bullion trader's employees. The accused are part of an interstate gang involved in organised robberies across the NCR, Haryana, and Madhya Pradesh.

India second-most preferred investment destination for CEOs: PwC survey

India second-most preferred investment destination for CEOs: PwC survey

Rediff.com21 Jan 2026

India is the second-most-preferred destination among chief executive officers planning international investments - up from the fifth spot last year, according to PwC's 29th Annual Global CEO Survey released on Tuesday. The United States is their first choice.

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Rediff.com24 Feb 2025

Indian tech sector's revenues are set to grow 5.1 per cent to $282.6 billion in FY25, and likely to climb up further to $300 billion in FY26, lobby grouping Nasscom said on Monday. The revenue growth is on the "right trajectory", the body's president Rajesh Nambiar told reporters here, pointing out to revenue growth of 4 per cent in FY24, 5.1 per cent in FY25 and the over 6.1 per cent needed to cross its expectation of crossing $300 billion in FY26.

Airline stocks fly into rough weather again

Airline stocks fly into rough weather again

Rediff.com19 Mar 2026

India's aviation sector is facing fresh turbulence, with rising fuel costs, the Ministry of Civil Aviation's free-seat directive, and geopolitical disruptions in West Asia clouding near-term earnings visibility.

India Makes Lots Of Films, But Lacks Screens

India Makes Lots Of Films, But Lacks Screens

Rediff.com20 Feb 2026

The reason is because there aren't any screens for a large mass of Indians.

Q3FY26 results preview: IT companies' growth likely to remain muted

Q3FY26 results preview: IT companies' growth likely to remain muted

Rediff.com12 Jan 2026

With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com24 Feb 2026

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com24 Feb 2026

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

HC issues notice to SRK, Netflix on Sameer Wankhede's plea

HC issues notice to SRK, Netflix on Sameer Wankhede's plea

Rediff.com9 Oct 2025

The Delhi high court on Wednesday issued summons to actor Shah Rukh Khan-owned Red Chillies Entertainment and OTT platform Netflix on a defamation suit filed by Indian Revenue Services (IRS) officer Sameer Wankhede for allegedly maligning his reputation in their series The Ba***ds of Bollywood.

Bangladesh Telecast Ban Won't Hurt IPL

Bangladesh Telecast Ban Won't Hurt IPL

Rediff.com6 Jan 2026

According to experts, the ban will not result in revenue loss for the BCCI or the IPL broadcasters.

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Rediff.com7 Jul 2025

Indian information technology (IT) service providers are expected to deliver low single-digit sequential growth in the first quarter (April-June) of 2025-26 (FY26), even as macroeconomic uncertainties continue to persist due to the volatile geopolitical environment.

India Inc hits pause on factory expansion in March

India Inc hits pause on factory expansion in March

Rediff.com10 Apr 2026

India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Rediff.com29 Jan 2026

The SC has gone a step further to state that even if one were to not apply the codified GAAR provisions, the judicial GAAR would continue to apply, point out Pranav Sayta and Bhargav Selarka.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

Will Iran Be Browbeaten By Trump's Threats?

Will Iran Be Browbeaten By Trump's Threats?

Rediff.com7 Apr 2026

Far from it; the country's resistance to the US, its nuclear ambitions, and its pursuit of influence and proxies across the Middle East are driven by a constant search for independence and security. Thus, Iran will never capitulate. Trump will learn this home truth ultimately, and it is going to be a humbling personal experience that may even destroy his presidency, predicts Ambassador M K Bhadrakumar.

Staff Behaviour Still Bugs Air Travellers

Staff Behaviour Still Bugs Air Travellers

Rediff.com5 Jan 2026

SpiceJet recorded the highest complaint rate per 10,000 passengers, rising sharply from 3.9 in November 2024 to 13.8 in October 2025.

Infosys Q3: Higher growth guidance drives IT stocks

Infosys Q3: Higher growth guidance drives IT stocks

Rediff.com17 Jan 2026

Shares of information technology (IT) companies were in demand on Friday, with the National Stock Exchange's (NSE's) Nifty IT index rallying 3.3 per cent on . This came after Infosys reported steady sequential growth, driven by health care boost and large deal rampup in a seasonally weak quarter (Q3FY26).