News for 'Institute of Management Technology'

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

Rediff.com10 Sep 2026

Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.

Why Fund Managers Are Avoiding IT Stocks

Why Fund Managers Are Avoiding IT Stocks

Rediff.com9 Sep 2026

IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.

IIT-ISM Dhanbad Secures Patent For Innovative Copper Recovery Technology

IIT-ISM Dhanbad Secures Patent For Innovative Copper Recovery Technology

Rediff.com31 Jul 2026

Researchers at IIT-ISM Dhanbad have been granted an Indian patent for an electrochemical reactor designed to recover copper from industrial wastewater. This innovative technology offers an environmentally sustainable solution for resource recovery and wastewater treatment, particularly benefiting the mining and metallurgical sectors.

IIT grad, bank manager among 6 held for 'digital arrest' scam

IIT grad, bank manager among 6 held for 'digital arrest' scam

Rediff.com5 days ago

Mumbai Cyber Police have apprehended six individuals, including an IIT graduate and a bank manager, for allegedly defrauding a senior citizen of Rs 1.12 crore through a "digital arrest" scam. The victim was coerced into transferring funds after being threatened with family arrest by impersonators.

Breakthrough Nanopore Technology Detects Neurodegenerative Disease Biomarkers Early

Breakthrough Nanopore Technology Detects Neurodegenerative Disease Biomarkers Early

Rediff.com28 Aug 2026

Researchers at BRIC-RGCB in Thiruvananthapuram have developed a novel nanopore-based sensing technology. This innovation allows for the early and highly sensitive detection of biomarkers associated with neurodegenerative diseases like Parkinson's and ALS, addressing a critical challenge in current diagnostic methods. The technology, published in Nature Nanotechnology, uses self-assembling dual-diameter nanopore sensors to identify disease-specific biomarkers even at low concentrations.

How Maharashtra Plans To Lead India In Quantum Technology

How Maharashtra Plans To Lead India In Quantum Technology

Rediff.com17 Jul 2026

Maharashtra Chief Minister Devendra Fadnavis announced the state's ambition to become India's leader in quantum technology. The state plans to build a robust ecosystem, align with the National Quantum Mission, and train over 5,000 professionals, recognising AI, semiconductors, and quantum tech as key pillars for future growth and global competitiveness.

Viksit Bharat: What Nirmala Sitharaman told India Inc

Viksit Bharat: What Nirmala Sitharaman told India Inc

Rediff.com20 hours ago

Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.

HCL Group Joins DP World PGTI To Boost Indian Golf

HCL Group Joins DP World PGTI To Boost Indian Golf

Rediff.com14 Sep 2026

HCL Group, a USD 14.8 billion conglomerate, has announced a new partnership with the DP World Professional Golf Tour of India (PGTI). This collaboration aims to leverage technology and innovation to strengthen India's professional golf ecosystem, broaden the sport's reach, and enhance experiences for players, fans, and partners.

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.

IIT Madras Launches Advanced Robotics Lab With Bechtel Collaboration

IIT Madras Launches Advanced Robotics Lab With Bechtel Collaboration

Rediff.com21 hours ago

IIT Madras has inaugurated a new state-of-the-art robotics laboratory, established with CSR support from Bechtel India. This collaboration aims to accelerate research, innovation, and industry applications in robotics and automation, specifically for the construction and infrastructure sectors, fostering advanced technological solutions and workforce development.

Have Foreign Investors Lost Faith in India?

Have Foreign Investors Lost Faith in India?

Rediff.com20 hours ago

Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.

What Modi's Chintan Shivir Is About

What Modi's Chintan Shivir Is About

Rediff.com59 minutes ago

The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.

Indian B-Schools Face Urgent Need To Boost AI Competencies

Indian B-Schools Face Urgent Need To Boost AI Competencies

Rediff.com4 days ago

A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.

How To Prevent Deaths By Suicide At IITs

How To Prevent Deaths By Suicide At IITs

Rediff.com2 hours ago

171 IIT student deaths by suicide or other unnatural causes have been recorded between January 2006 and September 2026. Of these, 120 were recorded between 2016 and September 2026, compared with 51 in the preceding decade.

TRAI Chairman Anil Kumar Lahoti Emphasises Safeguards For AI In Telecom Networks

TRAI Chairman Anil Kumar Lahoti Emphasises Safeguards For AI In Telecom Networks

Rediff.com14 Sep 2026

TRAI Chairman Anil Kumar Lahoti has called for robust safeguards, human oversight, and intervention capabilities as Artificial Intelligence becomes increasingly integrated into telecom networks. While acknowledging AI's potential to transform network management and threat detection, Lahoti stressed the need for responsible AI deployment, risk assessments, and clear accountability to ensure consumer trust and prevent misuse, especially in combating online fraud.

IIT-B suicide: Father claims Sahil was subjected to casteist mocking

IIT-B suicide: Father claims Sahil was subjected to casteist mocking

Rediff.com1 days ago

The father of an IIT Bombay student who died by suicide has alleged that his son faced relentless caste-based mocking and torture from a professor and the administration. A police complaint has been filed, and an FIR registered against a professor for abetment of suicide and under the SC/ST Act. IIT Bombay has removed a Dean from his post following the allegations.

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Rediff.com5 Sep 2026

The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.

Student suicide: IIT-B apologises, suspends dean; director to stay

Student suicide: IIT-B apologises, suspends dean; director to stay

Rediff.com1 days ago

IIT Bombay has removed Suryanarayana Doolla, Dean of Administrative Affairs, from his post and issued a public apology following the death by suicide of 22-year-old student Sahil Wakode, who his parents allege faced caste-based discrimination.

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Rediff.com28 Aug 2026

The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.

Adobe Appoints Anil Chakravarthy As New CEO, Shantanu Narayen Becomes Executive Chair

Adobe Appoints Anil Chakravarthy As New CEO, Shantanu Narayen Becomes Executive Chair

Rediff.com4 Sep 2026

Adobe has announced Anil Chakravarthy as its new president and CEO, succeeding Shantanu Narayen, who will transition to executive chair. Chakravarthy, an alumnus of Banaras Hindu University and IIT, will assume the role on December 1, leading the company into an AI-driven era.

UP Governor Calls For Comprehensive AI Integration Across University Curricula

UP Governor Calls For Comprehensive AI Integration Across University Curricula

Rediff.com13 Sep 2026

Uttar Pradesh Governor Anandiben Patel addressed AI Manthan 2.0, advocating for the comprehensive integration of Artificial Intelligence across all university subjects rather than as a standalone course. She urged universities to develop clear, time-bound AI roadmaps covering education, research, healthcare, and agriculture, emphasising indigenous AI development, employment creation, and the importance of "Safe and Trusted AI." The event also saw the formation of an AI Policy Advisory Group and an AI Implementation Group to drive these initiatives.

ISRO Staff Step Up Privatisation Protest

ISRO Staff Step Up Privatisation Protest

Rediff.com15 Sep 2026

The larger question raised by the associations is simple: If ISRO is no longer to manufacture launch vehicles, what will happen to the institution's accumulated capabilities and the people who built them?

Tata's Problem Is India's Problem

Tata's Problem Is India's Problem

Rediff.com5 days ago

J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.

Why ISRO Staff Are Worried About ISRO's Future

Why ISRO Staff Are Worried About ISRO's Future

Rediff.com7 Sep 2026

A rocket designed and developed by ISRO is being transferred to industry for production.
Nine ISRO associations want to know whether this is simply an effort to expand India's industrial capacity or part of a larger policy under which ISRO itself will eventually withdraw from rocket manufacturing.

Put nation first, shoulder responsibility, Sitharaman tells Gen Z, Gen Alpha

Put nation first, shoulder responsibility, Sitharaman tells Gen Z, Gen Alpha

Rediff.com7 days ago

Union Finance Minister Nirmala Sitharaman called upon 'Gen Z' and 'Gen Alpha' to assume leadership, prioritise the nation, and contribute to its growth, rather than questioning what the country has done for them.

AI cannot substitute judicial conscience: CJI Surya Kant

AI cannot substitute judicial conscience: CJI Surya Kant

Rediff.com27 Aug 2026

Chief Justice of India Surya Kant stated that while artificial intelligence (AI) can augment judicial reasoning, it cannot substitute judicial conscience, and a permanent apex body is proposed to supervise AI adoption and accountability within the judiciary.

NIELIT To Establish Quantum And AI University In Amaravati

NIELIT To Establish Quantum And AI University In Amaravati

Rediff.com28 Aug 2026

Andhra Pradesh Chief Minister N Chandrababu Naidu has approved the establishment of India's first dedicated Quantum and AI University campus in Amaravati by NIELIT. This significant project, funded by the MeitY, Government of India, will focus on advanced technologies like Quantum, AI, and Semiconductors, integrating education, research, and entrepreneurship.

Netflix Is Offering A Scholarship For...

Netflix Is Offering A Scholarship For...

Rediff.com27 Aug 2026

IICT and Netflix are offering scholarships to 100 students and working professionals, with up to 80 per cent financial support for courses in animation, VFX, gaming and creative technologies.

'This Is Where Investors Will Make Money'

'This Is Where Investors Will Make Money'

Rediff.com3 Sep 2026

'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'

'When We Divert A River's Flow, We're Inviting Trouble'

'When We Divert A River's Flow, We're Inviting Trouble'

Rediff.com10 Sep 2026

'When a glacier collapse or a major flood event does occur, the water will simply reclaim its original path, and anything built in that path will be swept away.'

How AI Will Revolutionise Healthcare And Empower Doctors

How AI Will Revolutionise Healthcare And Empower Doctors

Rediff.com7 Sep 2026

Prof Ajit Kumar Chaturvedi, Vice-Chancellor of Banaras Hindu University, highlighted Artificial Intelligence's transformative potential in healthcare, emphasising its role in augmenting doctors' capabilities and enhancing efficiency. Speaking at PGIMER's Foundation Day, he stressed the need for India to develop AI solutions tailored to its unique healthcare realities, moving beyond being a mere consumer of Western-trained systems. PGIMER Director Vivek Lal also detailed the institute's expansion and commitment to affordable healthcare.

Chief Justice Kant Calls For Proactive Tech Role In Legal Education

Chief Justice Kant Calls For Proactive Tech Role In Legal Education

Rediff.com16 Aug 2026

Chief Justice of India Surya Kant urged national law universities to proactively lead the integration of technology into the legal system, rather than merely reacting to changes. Speaking at a conclave, he stressed the importance of incorporating academic integrity and responsible AI use into the curriculum, rejecting outright bans on generative AI. The CJI highlighted that law schools must prepare graduates to critically engage with technological tools, ensuring justice, fairness, and human judgment remain central to the evolving legal landscape.

SCO approves anti-terror security centre after Modi's warning

SCO approves anti-terror security centre after Modi's warning

Rediff.com1 Sep 2026

India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.

Scored 97% In MHT-CET. Which Colleges Can I Get?

Scored 97% In MHT-CET. Which Colleges Can I Get?

Rediff.com9 Sep 2026

rediffGURU Nagarajan JSK, a career counsellor with over 30 years of experience, addressed readers' queries and offered practical advice on how to make the right decision.

Meta may lose legal immunity after govt calls it service provider

Meta may lose legal immunity after govt calls it service provider

Rediff.com6 days ago

Government sources state that Meta, due to its algorithmic amplification of content, can no longer be considered a "simple intermediary" but rather a "service provider," implying greater responsibility and potential loss of legal immunity. This shift comes as Meta commits to directly reporting child abuse content to Indian law enforcement, amidst increasing government scrutiny over harmful online content and algorithmic bias.

IN-SPACe's Growing Role Raises ISRO Concerns

IN-SPACe's Growing Role Raises ISRO Concerns

Rediff.com7 days ago

'IN-SPACe like an octopus is stretching its tentacles everywhere and choking ISRO.'

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Rediff.com11 Sep 2026

State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

Rediff.com17 Aug 2026

As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.

How UPI Rewired India's Money Story

How UPI Rewired India's Money Story

Rediff.com5 days ago

Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.

New AI Model Enhances Space Safety By Monitoring Satellites

New AI Model Enhances Space Safety By Monitoring Satellites

Rediff.com2 Sep 2026

Researchers have developed a new AI model that can monitor satellites and detect anomalies in their behaviour, significantly reducing the risk of in-orbit collisions. This tool, part of the AI4 Space Safety and Sustainability project, learns from satellite light reflections to predict motion and identify unusual activity, crucial for managing the increasingly crowded space environment.