News for 'Industry'

IPO Rush: Zepto, Shiprocket, Truhome Finance set for August debut

IPO Rush: Zepto, Shiprocket, Truhome Finance set for August debut

Rediff.com3 days ago

More than a dozen companies, including quick commerce firm Zepto, logistics platform Shiprocket, and housing finance company Truhome Finance, are preparing to launch their initial public offerings (IPOs) next month, collectively aiming to raise over Rs 25,000 crore.

Govt debunks fake AI videos Union min, blames Pak handles

Govt debunks fake AI videos Union min, blames Pak handles

Rediff.com5 days ago

Union Minister Piyush Goyal has filed a police complaint after an AI-generated deepfake video, maliciously altering his remarks, surfaced on social media. The video falsely depicted him making threatening statements against students protesting the NEET examination. Government sources confirm many related links have been taken down, and Goyal has warned of strict legal action against those involved in its creation and dissemination.

The Real Reasons India Can't Reach the FIFA World Cup

The Real Reasons India Can't Reach the FIFA World Cup

Rediff.com1 days ago

Despite a population of 1.45 billion, India's football team is ranked a lowly 138th in the world and failed to qualify for next year's Asian Cup, highlighting deep-rooted systemic issues and a failure to implement reforms that keep the World Cup dream distant for fans.

Air India expects 50-60 new planes in 18 months, transformation on track

Air India expects 50-60 new planes in 18 months, transformation on track

Rediff.com20 Jul 2026

Air India Group anticipates the delivery of 50-60 new aircraft within the next 18 months, with its ambitious transformation programme progressing despite global challenges like supply chain issues and geopolitical tensions, according to Chief Commercial Officer Nipun Aggarwal.

TVS, Bajaj, Hero, Ather Drive 96% of India's E2W Growth in H1 2026

TVS, Bajaj, Hero, Ather Drive 96% of India's E2W Growth in H1 2026

Rediff.com15 Jul 2026

India's electric two-wheeler (e2W) market is consolidating, with established manufacturers TVS Motor, Bajaj Auto, and Hero MotoCorp, alongside EV specialist Ather Energy, driving nearly 96% of incremental registrations in the first half of 2026, while former market leader Ola Electric experienced a significant decline in registrations.

'Mid- Small-Caps May Deliver More Selective Returns'

'Mid- Small-Caps May Deliver More Selective Returns'

Rediff.com2 days ago

'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

Rediff.com20 Jul 2026

IndiGo, India's largest airline, has placed a record-breaking order with CFM International for over 1,000 LEAP-1A engines to power its 510 Airbus A320 neo family aircraft. This significant deal, announced at the Farnborough International Airshow, also includes extensive MRO support and material services, reinforcing CFM's commitment to the Indian aviation market.

NITI Aayog's Vision For India's Bioeconomy Growth

NITI Aayog's Vision For India's Bioeconomy Growth

Rediff.com16 Jul 2026

A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.

HDFC Bank, West Asia Crisis Pull Sensex, Nifty Down

HDFC Bank, West Asia Crisis Pull Sensex, Nifty Down

Rediff.com21 Jul 2026

Indian benchmark indices, Sensex and Nifty, extended their losses for a second consecutive day, primarily due to HDFC Bank's disappointing quarterly earnings and escalating tensions in West Asia, coupled with persistent foreign fund outflows.

Sensex, Nifty Flat as Geopolitical Tensions, Oil Prices Weigh

Sensex, Nifty Flat as Geopolitical Tensions, Oil Prices Weigh

Rediff.com16 Jul 2026

Indian benchmark indices, Sensex and Nifty, closed almost unchanged due to profit-taking in blue-chip stocks, geopolitical uncertainties, fluctuating oil prices, and weak Asian market trends, despite cooling US inflation offering some support.

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Rediff.com9 Jul 2026

IBS Group has launched Naviq Technology, an artificial intelligence company dedicated to the global travel industry, backed by a substantial USD 500 million investment over the next five years. The new venture aims to partner with major travel players to drive business transformations, modernise operations, and leverage AI for new revenue streams, with plans for significant job creation in India.

Kusumgar's Shares Soar 37% on Market Debut

Kusumgar's Shares Soar 37% on Market Debut

Rediff.com15 Jul 2026

Shares of engineered fabric manufacturer Kusumgar Ltd listed with a significant 37 per cent premium against its issue price of Rs 419, opening at Rs 574 on the BSE and Rs 569 on the NSE.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com20 Jul 2026

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

Hideki Makihara Sparks Bullet Train Row

Hideki Makihara Sparks Bullet Train Row

Rediff.com18 Jul 2026

In a social media post, former Japanese minister Hideki Makihara blamed the Indian side's approach to the project as being one of 'sheer chaos', of not keeping promises, and of continuously 'pushing their own self-interest'.

Sitharaman: Hurry Up Tax Appeals

Sitharaman: Hurry Up Tax Appeals

Rediff.com5 days ago

Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.

India's Core Infrastructure Output Jumps 5% in June, Driven by Cement, Electricity

India's Core Infrastructure Output Jumps 5% in June, Driven by Cement, Electricity

Rediff.com20 Jul 2026

India's nine core infrastructure sectors recorded a five-month high production growth of 5 per cent in June, primarily boosted by significant increases in the output of cement, electricity, and the newly added iron ore, despite declines in crude oil, natural gas, refinery products, and fertiliser.

Chhoti SIP Growth Faces High Exit Rates

Chhoti SIP Growth Faces High Exit Rates

Rediff.com16 Jul 2026

'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'

Why Cricket's Olympic Inclusion At LA 2028 Is A Game-Changer!

Why Cricket's Olympic Inclusion At LA 2028 Is A Game-Changer!

Rediff.com3 days ago

Cricket's inclusion in the 2028 Los Angeles Olympics is a strategic move by Olympic leaders to tap into India's massive fan base and commercial power, aiming to attract billions of new viewers and strengthen the Games' appeal in key markets.

Farmers on way to protest in Delhi stopped at Haryana border

Farmers on way to protest in Delhi stopped at Haryana border

Rediff.com21 Jul 2026

Indian farmers staged a significant protest at the Shambhu border against a proposed India-US trade deal, fearing its detrimental effects on the domestic agricultural sector and demanding its immediate abandonment. They later ended their agitation after assurances from the Haryana Agriculture Minister regarding the release of detained farmers and a meeting with the Union Agriculture Minister.

Karnataka KPSC chief suspended over allegations of nepotism in officer selection

Karnataka KPSC chief suspended over allegations of nepotism in officer selection

Rediff.com13 Jul 2026

Karnataka Governor Thaawarchand Gehlot has suspended KPSC Chairman Shivashankarappa S Sahukar following allegations that he facilitated the illegal selection of his two daughters as Industrial Extension Officers. The Governor has also recommended to the President that the matter be referred to the Supreme Court for an inquiry under Article 317(1) of the Constitution.

The India Story Review: Not Brave Enough!

The India Story Review: Not Brave Enough!

Rediff.com6 days ago

The India Story adopts a very soap opera-like approach, piling on ham-fisted melodrama along with plenty of unevenness, sighs Sreeju Sudhakaran

L&T Technology Services Teams Up With Anthropic To Embed Claude AI In Engineering

L&T Technology Services Teams Up With Anthropic To Embed Claude AI In Engineering

Rediff.com14 Jul 2026

L&T Technology Services (LTTS) has announced a strategic partnership with Anthropic to integrate its Claude AI models into LTTS' engineering processes and AI platforms. This collaboration aims to redefine engineering work by enabling faster decision-making, streamlining workflows, and accelerating innovation for global clients, coinciding with Anthropic's new rupee-denominated pricing for Indian customers.

Stock Markets Today: Sensex, Nifty Down On HDFC Bank, US-Iran Crisis

Stock Markets Today: Sensex, Nifty Down On HDFC Bank, US-Iran Crisis

Rediff.com21 Jul 2026

Indian benchmark indices Sensex and Nifty experienced a downturn in early trade, primarily influenced by a dip in HDFC Bank shares, persistent outflows from foreign funds, and escalating geopolitical tensions between the US and Iran. Track Sensex, Nifty performance.

Boeing India Teams With Merlinhawk For EO/IR System Support

Boeing India Teams With Merlinhawk For EO/IR System Support

Rediff.com21 Jul 2026

Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.

Boeing India Teams With Merlinhawk For EO/IR System Support

Boeing India Teams With Merlinhawk For EO/IR System Support

Rediff.com21 Jul 2026

Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.

Govt bars telecom infra firms from overseas data transfer

Govt bars telecom infra firms from overseas data transfer

Rediff.com5 days ago

India's government has implemented stringent new regulations under the Telecommunications Act 2023, mandating that all communication infrastructure providers, including those utilising cloud-based networks, must store telecommunication data exclusively within the country, a move expected to significantly impact domestic data centre demand.

Nexon Geochem And Russia's Giredmet Forge Rare Earth Partnership

Nexon Geochem And Russia's Giredmet Forge Rare Earth Partnership

Rediff.com13 Jul 2026

Hyderabad-based Nexon Geochem has partnered with Russia's Giredmet to establish integrated rare-earth processing and downstream facilities in India. This collaboration aims to bridge critical gaps in India's rare earth value chain, focusing on producing NdFeB permanent magnets essential for electric vehicles, wind turbines, and defence systems, reducing reliance on imports.

Rajnath Singh to commission stealth frigate Mahendragiri on Saturday

Rajnath Singh to commission stealth frigate Mahendragiri on Saturday

Rediff.com10 Jul 2026

Defence Minister Rajnath Singh will commission Mahendragiri, the sixth Project 17A indigenous stealth frigate, into the Indian Navy's Eastern Fleet in Visakhapatnam on Saturday, marking another milestone in India's journey towards defence self-reliance and indigenous warship construction.

US slap 10% tariff on India over 'forced labour'

US slap 10% tariff on India over 'forced labour'

Rediff.com6 days ago

The United States has implemented a 10 per cent tariff on goods imported from India and 16 other countries, citing efforts to combat forced labour in production.

Xi Jinping Calls For Global AI Collaboration, Not Solo Performance

Xi Jinping Calls For Global AI Collaboration, Not Solo Performance

Rediff.com17 Jul 2026

Chinese President Xi Jinping has called for global collaboration in Artificial Intelligence development, stating it should be a "symphony" rather than a "solo performance." His remarks came at the World Artificial Intelligence Conference (WAIC) in Shanghai, where 29 countries also signed an agreement to establish the World Artificial Intelligence Cooperation Organisation (WAICO), an independent intergovernmental body headquartered in Shanghai. China also pledged 5,000 AI research projects and training for developing nations.

Will get back to you, says govt as CJP insists on Pradhan's resignation

Will get back to you, says govt as CJP insists on Pradhan's resignation

Rediff.com5 days ago

Amidst escalating protests over the NEET paper leak, the Cockroach Janta Party (CJP) has declared Education Minister Dharmendra Pradhan's resignation 'non-negotiable' and is also demanding 1 crore compensation for families affected by suicides linked to the exam cancellation.

10 AI Careers For Fresh Graduates

10 AI Careers For Fresh Graduates

Rediff.com15 Jul 2026

Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.

Xi Jinping Urges Global Cooperation For Ethical AI Development

Xi Jinping Urges Global Cooperation For Ethical AI Development

Rediff.com17 Jul 2026

Chinese President Xi Jinping called for global collaboration in artificial intelligence development, emphasising a "symphony of global collaboration" over a "solo performance" by any single nation. Speaking at the World Artificial Intelligence Conference in Shanghai, Xi highlighted the need for ethical AI governance, shared prosperity, and addressing challenges like the widening digital divide. He also announced China's commitment to support developing countries with 5,000 AI research projects and training programmes. The event also saw 29 countries sign an agreement to establish the World Artificial Intelligence Cooperation Organisation (WAICO) in Shanghai.

Hormuz Closure Tests India's Energy Security

Hormuz Closure Tests India's Energy Security

Rediff.com13 Jul 2026

'Energy prices would shoot up with the closure of Hormuz again.'

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

Rediff.com7 days ago

The Biotechnology Industry Research Assistance Council (BIRAC) has chosen seven to eight biotechnology startups as the initial group to receive funding from the government's ~1 trillion Research, Development and Innovation (RDI) Fund, with an average investment of approximately ~25 crore per startup.

Indian Markets Rally for Second Day, Sensex Jumps Over 800 Points

Indian Markets Rally for Second Day, Sensex Jumps Over 800 Points

Rediff.com10 Jul 2026

Indian benchmark indices Sensex and Nifty continued their upward trend for a second consecutive day, with the Sensex gaining over 800 points, driven by strong performances from heavyweights like Reliance Industries, ICICI Bank, and HDFC Bank, alongside positive cues from easing crude oil prices and robust IT sector earnings.

Govt Unveils Rs 1.9 Lakh Cr Push for Semiconductor, Mobile Manufacturing

Govt Unveils Rs 1.9 Lakh Cr Push for Semiconductor, Mobile Manufacturing

Rediff.com15 Jul 2026

The Indian government has approved two major manufacturing initiatives worth nearly Rs 1.9 lakh crore (USD 22 billion) to expand the country's semiconductor ecosystem and scale up mobile phone production, aiming to strengthen its position as a global electronics manufacturing hub.

Yami Gautam: 'National Award Is A Dream I Have Carried In My Heart For Years'

Yami Gautam: 'National Award Is A Dream I Have Carried In My Heart For Years'

Rediff.com20 Jul 2026

Kartik Aaryan, Yami Gautam, Sanjay Mishra, and Tushar Hiranandani express their overwhelming emotions and gratitude after winning prestigious National Film Awards for their work in 'Chandu Champion', 'Article 370', 'Bhakshak', and 'Srikanth' respectively.

The Hotspot For Indian Weddings In 2025 Was...

The Hotspot For Indian Weddings In 2025 Was...

Rediff.com14 Jul 2026

Indian wedding bookings to Sri Lanka are projected to grow 20-25 per cent annually over the next few years.

SC to revisit BrahMos espionage case acquittal on UP police appeal

SC to revisit BrahMos espionage case acquittal on UP police appeal

Rediff.com21 Jul 2026

The Supreme Court has agreed to hear a plea from Uttar Pradesh police challenging a Bombay High Court ruling that absolved BrahMos Aerospace engineer Nishant Agarwal of major espionage charges under the Official Secrets Act. Agarwal was previously sentenced to life imprisonment by a Nagpur district court for spying for Pakistan's ISI, despite the High Court finding he only illegally stored sensitive data.