News for 'Industry'

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Rediff.com19 Jun 2026

Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.

Telegram app is back on Google after ban, not on Apple

Telegram app is back on Google after ban, not on Apple

Rediff.com23 Jun 2026

Instant messaging platform Telegram has been restored in India after a week-long government ban, imposed due to its alleged role in circulating leaked NEET examination papers, expired. The Delhi High Court had upheld the ban as lawful and necessary.

Why Foreign Students Don't Come To India

Why Foreign Students Don't Come To India

Rediff.com1 Jul 2026

90 per cent of institutions recorded no improvement in international student metrics, despite government initiatives such as the Study in India programme, UGC regulations on internationalisation, and efforts to attract foreign students.

Sensex Drops 607 Points, Nifty Falls to 24,013 on IT Sell-off and Geopolitical Uncertainty

Sensex Drops 607 Points, Nifty Falls to 24,013 on IT Sell-off and Geopolitical Uncertainty

Rediff.com19 Jun 2026

Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.

Cabinet rejig soon? Buzz intensifies as Amit Shah meets Prez

Cabinet rejig soon? Buzz intensifies as Amit Shah meets Prez

Rediff.com25 Jun 2026

Union Home Minister Amit Shah met President Droupadi Murmu, following a similar meeting by Prime Minister Narendra Modi, intensifying speculation about an imminent reshuffle of the Union Council of Ministers. Recent resignations and new organisational appointments for some ministers are contributing to the buzz.

Government's Big Plans For North East Oil Exploration

Government's Big Plans For North East Oil Exploration

Rediff.com24 Jun 2026

A tripartite pact -- amid the promise of removing AFSPA from almost all of the North East -- revives hydrocarbon exploration along the Assam-Nagaland border after decades of dormancy.

Crude falls back to Feb levels: What is stopping a fuel price cut?

Crude falls back to Feb levels: What is stopping a fuel price cut?

Rediff.com25 Jun 2026

Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.

OpenAI Strengthens India Presence With New Managing Director

OpenAI Strengthens India Presence With New Managing Director

Rediff.com27 Jun 2026

OpenAI has appointed Prabhjeet Singh as its Managing Director for India, a key market for the AI company. Singh, formerly President of Uber India and South Asia, will oversee consumer growth, enterprise adoption, partnerships, and regulatory engagement, reinforcing OpenAI's commitment to India's rapidly expanding AI ecosystem.

Want To Study At Melbourne University?

Want To Study At Melbourne University?

Rediff.com22 Jun 2026

'We're doing a lot of work around work-integrated learning, providing students with every opportunity to take at least part of their education as a practical work-based experience.'

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

Rediff.com9 Jun 2026

Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.

How Drones Are Revolutionising Power Transmission In Karnataka

How Drones Are Revolutionising Power Transmission In Karnataka

Rediff.com26 Jun 2026

Karnataka Power Transmission Corporation Limited (KPTCL) has successfully deployed advanced drone technology for inspecting high voltage transmission corridors, leading to an 85 per cent reduction in power outages. This initiative has improved operational efficiency, workforce safety, and enabled precise fault detection and predictive maintenance across over 11,000 transmission towers and 3,370 km of lines.

India Achieves Quantum Cooling Milestone

India Achieves Quantum Cooling Milestone

Rediff.com20 Jun 2026

This is one of the coldest temperatures achieved in a research facility in India with more than 80 per cent domestically sourced components.

'When We Can Survive 50% Tariff, We Can Survive Anything!'

'When We Can Survive 50% Tariff, We Can Survive Anything!'

Rediff.com1 Jul 2026

'It's very important for India to retain its sovereignty. India should not sign any agreement which compromises its sovereignty.'

'Had To Have A Beach Body Without Losing The Glow On The Face'

'Had To Have A Beach Body Without Losing The Glow On The Face'

Rediff.com30 Jun 2026

'The biggest thing I've learnt is that this journey is not linear.' 'There will be films that work, films that don't, moments where you feel confident and moments where you question yourself.'

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

MIT-WPU Innovates Thermal Battery For Post-Sunset Solar Use

MIT-WPU Innovates Thermal Battery For Post-Sunset Solar Use

Rediff.com25 Jun 2026

Researchers at MIT World Peace University in Pune have developed an innovative thermal energy storage system using a phase change material (PCM)-based battery. This technology addresses the intermittent nature of solar energy by storing excess heat for use after sunset, potentially reducing reliance on conventional fuels for water heating and enhancing energy security.

EXL Strengthens AI Capabilities With IMerit Acquisition

EXL Strengthens AI Capabilities With IMerit Acquisition

Rediff.com25 Jun 2026

ExlService Holdings, a data and AI company, announced its acquisition of AI data solutions firm iMerit for up to USD 310 million. This strategic move aims to accelerate AI innovation, deepen EXL's AI capabilities in model training and evaluation, and expand its market presence in high-growth AI tech sectors. The transaction is expected to conclude in Q3 2026.

Carmakers seek govt help to trace old vehicles for recycling

Carmakers seek govt help to trace old vehicles for recycling

Rediff.com17 Jun 2026

Automobile manufacturers have informed NITI Aayog that they face significant challenges in tracing 20-25-year-old vehicles due to multiple ownership changes, hindering their ability to meet Extended Producer Responsibility (EPR) targets for end-of-life vehicles (ELVs). They are seeking government support, including access to updated Vahan registration records, to locate these vehicles and encourage owners to use authorised scrapping centres.

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Rediff.com19 Jun 2026

The Japanese PM's visit to Assam comes amid festering uneasiness in Tokyo about Beijing's assertiveness in the Indo-Pacific region.

Drones To Drive India's Logistics And Clean Tech Growth

Drones To Drive India's Logistics And Clean Tech Growth

Rediff.com15 Jun 2026

A new study predicts a 55 per cent surge in drone deployment across India's logistics and clean tech sectors over the next three years, driven by rapid digitalisation and the need for faster, more sustainable solutions. The Indian logistics market is projected to nearly double to USD 428.7 billion by 2033, highlighting a significant transformation in these key industries.

Govt restricts bulk petrol, diesel purchases from retail pumps

Govt restricts bulk petrol, diesel purchases from retail pumps

Rediff.com12 Jun 2026

The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.

Kerala Officer Arrested For Alleged Rs 3.57 Crore Women's Scheme Scam

Kerala Officer Arrested For Alleged Rs 3.57 Crore Women's Scheme Scam

Rediff.com8 Jun 2026

A former industries extension officer in Thiruvananthapuram has been arrested by the Vigilance and Anti-Corruption Bureau (VACB) for allegedly misappropriating Rs 3.57 crore from a self-employment scheme for women. The officer, Praveen Raj T R, is also implicated in two other similar cases involving significant amounts.

Why Taiwan Is At The Heart Of US-China Rivalry

Why Taiwan Is At The Heart Of US-China Rivalry

Rediff.com29 Jun 2026

For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

Rediff.com17 Jun 2026

AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.

Sridhar Vembu On Why Zoho Won't Chase AI Investment Bubble

Sridhar Vembu On Why Zoho Won't Chase AI Investment Bubble

Rediff.com22 Jun 2026

Zoho Corporation Founder Sridhar Vembu has echoed IBM CEO Arvind Krishna's concerns about a potential "bubble" in the multi-trillion dollar AI data centre build-out. Vembu stated that Zoho will adopt a measured approach, investing in AI capabilities like data curation and compiler infrastructure, but will not chase the current investment spree, contrasting with other global tech giants' massive spending.

How ArcelorMittal Is Automating Global Operations With AWS

How ArcelorMittal Is Automating Global Operations With AWS

Rediff.com22 Jun 2026

ArcelorMittal has announced a partnership with Amazon Web Services (AWS) to automate its global manufacturing operations using AWS's cloud and AI capabilities. This collaboration aims to enhance safety, asset reliability, and energy efficiency by deploying AI at the point of production for predictive maintenance, quality control, and process optimisation.

Air India May Restore Flight Cuts

Air India May Restore Flight Cuts

Rediff.com27 Jun 2026

'We may be able to wind back some of the schedule reductions we'd taken in recent months.'

India's defence output hits record 1.78 lakh crore in 2025-26

India's defence output hits record 1.78 lakh crore in 2025-26

Rediff.com17 Jun 2026

India's annual defence production has reached an all-time high of Rs 1.78 lakh crore in FY 2025-26, marking a significant 15.6 per cent growth over the previous fiscal year. This achievement reflects a 110 per cent increase since 2020-21 and highlights the country's expanding defence industrial base, driven by policy support and increased private sector participation.

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Rediff.com10 Jun 2026

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.

How India's Indigenous Quantum Refrigerator Achieved A Major Milestone

How India's Indigenous Quantum Refrigerator Achieved A Major Milestone

Rediff.com19 Jun 2026

India's indigenous Dilution Refrigerator, developed by AQV, has successfully reached four Kelvin (-269C) at the Quantum Reference Facility in Amaravati, marking a significant milestone in the country's quantum technology development and cryogenic engineering capabilities.

Hormuz Reopening to Ease India's Oil Supply Risks, Lower Prices

Hormuz Reopening to Ease India's Oil Supply Risks, Lower Prices

Rediff.com15 Jun 2026

The reopening of the Strait of Hormuz, following a ceasefire agreement between the US and Iran, is expected to significantly ease India's crude oil supply risks, lower freight costs, and reduce inflationary pressures, as global oil prices have already dropped.

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

Rediff.com25 Jun 2026

Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.

President Murmu Confers 2nd Round of Padma Awards

President Murmu Confers 2nd Round of Padma Awards

Rediff.com24 Jun 2026

President Droupadi Murmu presented the honours to eminent personalities and posthumous awardees for their exceptional contributions.

Day 3 of BEST strike: Special buses for NEET re-exam

Day 3 of BEST strike: Special buses for NEET re-exam

Rediff.com21 Jun 2026

The Brihanmumbai Electric Supply and Transport (BEST) undertaking arranged special bus services for students appearing in the NEET re-examination in Mumbai, deploying 60 buses on 24 routes for approximately 180 trips, despite an ongoing strike by its employees that has paralysed public transport.

Airbound, Andhra sign MoU to build large-scale drone delivery network

Airbound, Andhra sign MoU to build large-scale drone delivery network

Rediff.com26 Jun 2026

The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.

Why Are Helmet Prices Rising Across India?

Why Are Helmet Prices Rising Across India?

Rediff.com10 Jun 2026

The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.

Queen Maxima Praises India's Digital Infrastructure For Financial Health

Queen Maxima Praises India's Digital Infrastructure For Financial Health

Rediff.com23 Jun 2026

Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.

Before Alpha, Ranking Hrithik Roshan's 9 Cameos

Before Alpha, Ranking Hrithik Roshan's 9 Cameos

Rediff.com29 Jun 2026

From blink-and-miss song appearances to scene-stealing guest roles, Hrithik Roshan has turned even cameos into memorable moments.

The 10 Funniest Performances in Welcome To The Jungle

The 10 Funniest Performances in Welcome To The Jungle

Rediff.com30 Jun 2026

Akshay Kumar runs away with Welcome To The Jungle, but a few unexpected scene-stealers ensure he isn't having all the fun.