News for 'Industry and Information Technology'

Govt has set up grievance appellate cell for social media users, lawyer tells HC

Govt has set up grievance appellate cell for social media users, lawyer tells HC

Rediff.com16 Feb 2023

The Centre Thursday told the Delhi high court it has set up an appellate mechanism to deal with grievances of the users arising from the decisions of social media platforms.

Largecap, midcap cutoff surges over 26% in latest Amfi classification

Largecap, midcap cutoff surges over 26% in latest Amfi classification

Rediff.com12 Jan 2024

The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.

'The size and number of deals have increased'

'The size and number of deals have increased'

Rediff.com30 Oct 2023

'We have focused on it quarter after quarter and started to build the pipeline.'

'We are exploring setting up an aerotropolis'

'We are exploring setting up an aerotropolis'

Rediff.com10 Mar 2023

'We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.'

How 3G technology will change our lives

How 3G technology will change our lives

Rediff.com30 Nov 2010

A look at what 3G means and how it will change the way you consume telecommunication services and products in India in the years to come.

Karnataka bandh: 44 flights cancelled; train, bus services hit

Karnataka bandh: 44 flights cancelled; train, bus services hit

Rediff.com29 Sep 2023

As many as 44 flights to and from the Kempegowda International Airport in Bengaluru were cancelled owing to the Karnataka bandh over the Cauvery water sharing issue with Tamil Nadu, airport authorities said.

American IT industry calls for raising cap on H-1B visas

American IT industry calls for raising cap on H-1B visas

Rediff.com27 May 2015

US' IT industry wants a cap on H!B visas.

Wipro freshers' dilemma: Work for half the salary or wait longer

Wipro freshers' dilemma: Work for half the salary or wait longer

Rediff.com21 Feb 2023

Information technology major Wipro has asked candidates who have successfully completed their training and who were offered Rs 6.5 lakh per annum earlier whether they would be willing to take up projects for an annual compensation of Rs 3.5 lakh. Wipro told Business Standard that it had to adjust its onboarding plans "in the light of the changing macro environment and, as a result, our business needs". "Like others in our industry, we continue to assess global economies and customer needs, which factor in our hiring plans.

Is There Time For A Reset For Paytm?

Is There Time For A Reset For Paytm?

Rediff.com12 Feb 2024

Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.

The disruptive power of technology

The disruptive power of technology

Rediff.com29 Sep 2016

The fund industry may have embraced machines and robots, but managing money still needs the human touch

Markets see 70% chance BJP forming next govt

Markets see 70% chance BJP forming next govt

Rediff.com9 Sep 2023

The key risk factors would be anti-incumbency, small vote share swings causing large impact on outcomes and the 2004 example.

Do You Have Cyber Insurance?

Do You Have Cyber Insurance?

Rediff.com15 Dec 2023

Cyber insurance policies cover ransomware attacks and the ensuing damages, including ransom payments, data restoration costs, forensic and other first-party costs, and loss of profit due to business interruption.

ER&D software firms navigate Q2 bends with growth arrows in sight

ER&D software firms navigate Q2 bends with growth arrows in sight

Rediff.com30 Oct 2023

The July-September quarter results of software companies in the engineering research and development (ER&D) segment were broadly in line with expectations, though there have been cuts in revenue growth guidance. While results were a mixed bag, and there are cautionary views on the near-term outlook, brokerages and global consulting firms highlight the strong growth trajectory for the sector. They expect this segment of the software sector to grow by 8-12 per cent going forward.

India hub gives Tesco stores robotic technology leg-up

India hub gives Tesco stores robotic technology leg-up

Rediff.com27 Oct 2014

Helping UK outlets get wearable devices, robotics; apps to identify empty kitchen jars and auto-order likely soon

No Moonlighting! You have to respect the contract

No Moonlighting! You have to respect the contract

Rediff.com11 Oct 2022

'If an employee has a contract with the employer that he cannot moonlight, you should honour that contract.'

'US Can't Take Indians As Guinea Pigs'

'US Can't Take Indians As Guinea Pigs'

Rediff.com20 May 2024

'Why should we disclose classified information to satisfy those who doubt our Hydrogen Bomb capability?'

What's Modi Up To?

What's Modi Up To?

Rediff.com24 Apr 2024

No government in the past initiated the process of policy making for its next tenure even before going in for elections. Once the Model Code of Conduct is enforced by the Election Commission, should the government of the day refrain from taking an active interest in policy making for the next five years and let that be the function of the new government?, asks A K Bhattacharya.

The Many Portfolios Of Yogi Adityanath

The Many Portfolios Of Yogi Adityanath

Rediff.com4 Apr 2022

In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.

Want To Invest In Silver? Read This

Want To Invest In Silver? Read This

Rediff.com5 Dec 2023

Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'

'Public AI infrastructure we create would help startups'

'Public AI infrastructure we create would help startups'

Rediff.com9 Jan 2024

'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'

40% Of SAP's Innovations Come From India

40% Of SAP's Innovations Come From India

Rediff.com5 Jul 2023

'We aim at establishing India as an early talent hub on a global scale and are actively recruiting professionals in areas like cybersecurity, machine learning, data science, and other relevant fields.'

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Rediff.com30 May 2023

The domestic benchmark indices - the S&P BSE Sensex and the National Stock Exchange Nifty50 - had lost close to 1.5 per cent in three days recently before gaining slightly. Notwithstanding weakness and volatility, the Nifty50 has managed to hold on to the 18,000 mark, while the Sensex has managed to stay above the 61,000 level. The performance of the stocks that comprise these front-line indices remains polarised.

Unlisted Shares Market Is Buzzing

Unlisted Shares Market Is Buzzing

Rediff.com29 Jun 2024

The dealers operating in the space have jumped nearly three times over the past two years.

Goodbye IT, colleges say hello to industry-ready courses

Goodbye IT, colleges say hello to industry-ready courses

Rediff.com6 Jun 2017

PSG College of Technology has invited IT firms and external agencies to conduct training.

Reliance-NVIDIA to build AI supercomputers in India

Reliance-NVIDIA to build AI supercomputers in India

Rediff.com8 Sep 2023

US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India. "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firms said in a statement. Days before the announcement, NVIDIA founder and CEO Jensen Huang met Prime Minister Narendra Modi on Monday.

Several parliamentary standing committees reconstituted

Several parliamentary standing committees reconstituted

Rediff.com9 Oct 2021

Shashi Tharoor has also been retained as the chairman of the panel on Information Technology.

AWS to invest $4.4 bn in India by 2030 through new Hyderabad region service

AWS to invest $4.4 bn in India by 2030 through new Hyderabad region service

Rediff.com23 Nov 2022

Amazon Web Services (AWS) will invest nearly $4.4 billion (Rs 36,000 crore) in India by 2030 and support more than 48,000 jobs externally through a new regional service launched on Tuesday, said the on-demand Cloud computing company. AWS Asia Pacific (Hyderabad) is the company's second infrastructure region in India, six years after it opened its first Cloud region in Mumbai in 2016. The Hyderabad region will give customers access to AWS technologies for data analytics, security, machine learning, and artificial intelligence.

IT industry will grow 13-14%: Som Mittal

IT industry will grow 13-14%: Som Mittal

Rediff.com19 Jun 2013

Software industry body Nasscom expects the country's information technology (IT) services sector to grow 13-14 per cent in the current financial year and to touch $225 billion (Rs 13.22 lakh crore) by 2020.

2018: When technology took a quantum leap

2018: When technology took a quantum leap

Rediff.com28 Dec 2018

Irrespective of what the future may have in store, the year 2018 has ushered humanity towards an era of next generation technology, demonstrating that there is no looking back in scientific innovations.

IT Sector Slump To Impact Consumer Demand

IT Sector Slump To Impact Consumer Demand

Rediff.com25 Oct 2023

'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.'

Rising markets fails to lift new investor addition by mutual funds

Rising markets fails to lift new investor addition by mutual funds

Rediff.com1 Aug 2023

Even as the returns of mutual fund (MF) schemes have improved considerably in the past three months, addition of new investors has remained in the slow lane for the MF industry. According to industry data, during the first six months of CY 2023, MFs onboarded only 1.6 million new unique investors, in stark contrast to the 4.7 million investors added during the same period last CY and the 2.4 million in 2021. It is noteworthy, however, that the current additions for this year have doubled in comparison to the figure of 800,000 seen in 2020.

NEET: Cure The Disease Not The Symptoms

NEET: Cure The Disease Not The Symptoms

Rediff.com17 Jul 2024

'The Indian private sector knows how to build and run educational organisations, what is needed is a large dose of removal of restrictions.' 'Government restrictions hold back universities in India from launching medical schools,' argue Ajay Shah and Vijay Kelkar.

Working on target to become $5-10 trillion economy: Modi

Working on target to become $5-10 trillion economy: Modi

Rediff.com17 Dec 2023

The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he said.

Good Q4, commentary perk up ICICI Lombard General Insurance stock

Good Q4, commentary perk up ICICI Lombard General Insurance stock

Rediff.com26 Apr 2024

ICICI Lombard General Insurance Company reported financial improvement and optimistic commentary in Q4FY24. It reported 17 per cent year-on-year (YoY) growth in Gross Written Premium (GWP) and 115 bps improvement in the Combined Ratio (COR) in FY24, and improved COR guidance with COR going from 104.5 per cent in FY23 to 103.3 per cent in FY24, 102.4 per cent in FY25 and 102.0 per cent in FY26.

Govt tweaks licensing norms for laptop, computer imports

Govt tweaks licensing norms for laptop, computer imports

Rediff.com19 Oct 2023

The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.

How much do you know about Jyotiraditya Scindia?

How much do you know about Jyotiraditya Scindia?

Rediff.com14 Mar 2020

Think you know everything about Jyotiraditya Scindia?

E-ducating India: Technology is just one piece of the puzzle

E-ducating India: Technology is just one piece of the puzzle

Rediff.com29 Sep 2014

The data-generation ability of technology can not only provide real-time feedback on its return on investment but also evaluate education programmes.

After Boeing, IBM defends India on trade, industrial policies

After Boeing, IBM defends India on trade, industrial policies

Rediff.com14 Mar 2014

Close on the heels of Boeing's defence of India to the US International Trade Commission's investigation into India's trade, investment and industrial policies, IBM has also sprung to New Delhi's defence in an otherwise sea of criticism of India's violations of intellectual property rights, local content requirements, among other issues of concern to US business and industry.

Is This Why Gopinathan Resigned?

Is This Why Gopinathan Resigned?

Rediff.com27 Mar 2023

TCS became a slow-moving giant and lost some of its sheen to competitors -- both big and small. Even as TCS remains the primary cash cow of Tata Group, its revenue and profit growth have slowed considerably.