News for 'Open Network for'

Vietnam: A Wonderful Place For A Holiday

Vietnam: A Wonderful Place For A Holiday

Rediff.com12 May 2025

Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.

'This Is Your Chance, India'

'This Is Your Chance, India'

Rediff.com14 Feb 2025

'You don't need massive industry or huge energy resources.' 'You could start with just 3 or 4 people in a coffee shop and invent the world.'

India to develop affordable AI model under Rs 100/hour: Vaishnaw

India to develop affordable AI model under Rs 100/hour: Vaishnaw

Rediff.com31 Jan 2025

He said that as compared to global models costing 2.5 to 3 US dollars per hour usage, India's AI model will cost less than less than Rs 100 per hour (1.16 US dollars per hour) after 40 percent government subsidy.

Microsoft gives ONDC its first Big Tech push

Microsoft gives ONDC its first Big Tech push

Rediff.com10 Aug 2022

Microsoft has become the first global Big Tech company to join the Open Network for Digital Commerce (ONDC), an Indian government initiative for developing a first-of-its-kind open network for digital commerce. The world's second-largest technology firm intends to introduce social e-commerce via its app in the Indian market later this year. ONDC is expected to open to the public in Bengaluru over the next fortnight as it enters into the next phase of the pilot for further fine-tuning before rollouts in other cities, according to a source in the know.

Govt Agency Loses 3 Crore In Cyber Attack

Govt Agency Loses 3 Crore In Cyber Attack

Rediff.com14 Oct 2024

'The hacker replaced original emails and planted fraudulent emails with a request letter and invoices to be paid to fraudulent bank accounts.'

Delhi's Fuel Ban On 15-year-old Vehicles Finds No Backers

Delhi's Fuel Ban On 15-year-old Vehicles Finds No Backers

Rediff.com13 Mar 2025

The Delhi government has announced that vehicles older than 15 years will be denied fuel at petrol pumps starting April 1.

Udaan set for IPO as NCLT clears demerger plan

Udaan set for IPO as NCLT clears demerger plan

Rediff.com15 Jan 2025

Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Rediff.com27 Dec 2024

Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.

Insurers to double down on tech, rural expansion for growth in '25

Insurers to double down on tech, rural expansion for growth in '25

Rediff.com10 Jan 2025

The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.

Lack of charging infra a shock for booming EV market

Lack of charging infra a shock for booming EV market

Rediff.com11 Feb 2025

Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.

Women, Your Birth Number Can Help You Succeed

Women, Your Birth Number Can Help You Succeed

Rediff.com7 Mar 2025

By understanding the elements that rule your birth number, you can learn how to enhance your professional journey, improve your work life and grow in your career.

Wallets, white label card networks can now access RTGS, NEFT systems

Wallets, white label card networks can now access RTGS, NEFT systems

Rediff.com30 Jul 2021

The Reserve Bank of India (RBI) on Wednesday allowed payment system providers, prepaid card issuers, card networks and white label ATM operators access to its Centralised Payment Systems (CPS), such as real time gross settlement (RTGS) and National Electronic Fund Transfer (NEFT) systems in the first phase of its plan bring non-banks in the same platform. "Direct access for non-banks to CPS lowers the overall risk in the payments ecosystem.

US Open 2023: Dates, schedule, seeds and how to watch on TV

US Open 2023: Dates, schedule, seeds and how to watch on TV

Rediff.com23 Aug 2023

This year's US Open runs from Aug. 28-Sept. 10.

BJP, AAP spar as cops claim NGO links to bomb hoaxes

BJP, AAP spar as cops claim NGO links to bomb hoaxes

Rediff.com14 Jan 2025

The issue of hoax bomb threats to more than 400 schools in the capital triggered a political storm ahead of the Delhi assembly polls on Tuesday, with the Bharatiya Janata Party raising questions about the possible links between those involved and the Aam Aadmi Party, prompting the latter to strongly rebuke the claims.

Infy founder's son to launch E2W at Bharat Mobility

Infy founder's son to launch E2W at Bharat Mobility

Rediff.com14 Jan 2025

Numeros Motors is also planning to come up with a passenger vehicle four-wheeler or a three-wheeler by 2027.

The 3 biggies who will power next-gen 5G telecom networks

The 3 biggies who will power next-gen 5G telecom networks

Rediff.com17 Jul 2020

According to software company Mavernir, the new virtualised networks would lead to a saving of 40 per cent in capex and 34 per cent in terms of lower operations cost for operators.

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Rediff.com4 Jan 2025

Soros, 94, in the recent past has spoken openly against Prime Minister Narendra Modi. The ruling BJP believe that he tried to interfere in Indian elections.

Swiggy's qcom arm beats food delivery growth

Swiggy's qcom arm beats food delivery growth

Rediff.com30 Sep 2024

For food aggregator platform Swiggy, quick commerce (qcom) is proving to be a better growth opportunity than food delivery. Its qcom arm Instamart is rapidly outpacing its core food delivery vertical across several key financial metrics, the company's recently filed draft red herring prospectus (DRHP) shows.

Free ration, healthcare: What BJP's manifesto promises

Free ration, healthcare: What BJP's manifesto promises

Rediff.com14 Apr 2024

Here are the key highlights of the BJP's 'Sankalp Patra' for the 2024 parliamentary polls.

Google Unveils AI For India's Developers

Google Unveils AI For India's Developers

Rediff.com18 Jul 2024

Developers in India now have expanded access to Google's powerful AI models with the 2 million token context window in Gemini 1.5 Pro and Gemma 2, the next generation of open models.

Automakers Gear Up For Festive Season

Automakers Gear Up For Festive Season

Rediff.com2 Sep 2024

...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.

'Har Ghar Lakhpati': SBI's new mantra for deposit accretion

'Har Ghar Lakhpati': SBI's new mantra for deposit accretion

Rediff.com9 Dec 2024

At a time when banks are finding it challenging to mobilise resources, State Bank of India (SBI)-the country's largest lender-has devised a three-pronged strategy to boost deposit accretion. First is an aspirational product that promises to make depositors lakhpatis by helping them grow their deposits to Rs 1 lakh through recurring deposit (RD) schemes.

Deep State And Beyond: The Rise of Conspiracy Theories

Deep State And Beyond: The Rise of Conspiracy Theories

Rediff.com25 Feb 2025

From bhikshus of Ashokan 3rd century BC and medieval Sufis to Oxfam, Omidyar and Soros now, non-State actors have any real power only when they work in conjunction with a real State, asserts Shekhar Gupta.

'I Know What They Went Through In Pakistan'

'I Know What They Went Through In Pakistan'

Rediff.com7 Feb 2025

'These people got caught in Pakistan, and jailed for a year-and-a-half, their release was delayed due to various political factors that were happening during 2017, 2018 and 2019.'

SBI ready to open rupee trade account with Russian banks

SBI ready to open rupee trade account with Russian banks

Rediff.com16 Sep 2022

State Bank of India (SBI) is willing to work with Russian banks not facing sanctions and remain on the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network to open a special rupee vostro account (SRVA) for invoicing in Indian currency. The country's largest lender in a statement said it has not been identified as the nodal bank for handling Russia-related transactions. In July, the Reserve Bank of India (RBI) allowed banks in India, including SBI, to open an SRVA to promote invoicing in Indian rupee, subject to certain safeguards. Accordingly, the bank in a statement said it is "making necessary arrangements and processing requests received from various banks, including Russian banks", following guidelines laid out by the RBI.

TikTok has interfered in polls, including India: US senators

TikTok has interfered in polls, including India: US senators

Rediff.com16 Jan 2025

US senators have alleged that TikTok, owned by the Chinese Communist Party, has interfered in elections of various countries, including India, and called for extending the deadline for a ban on the platform in the US. They applauded India's ban on the social media platform, citing concerns about Chinese propaganda and data harvesting. Lawmakers, including Democrats and Republicans, introduced legislation to delay the ban by 270 days, arguing it would allow for a more thorough review of the implications and potential alternatives to a ban. They also criticized the rushed nature of the ban and its potential impact on free speech and the livelihoods of American users.

Wedding.con Review: Eye-Opener!

Wedding.con Review: Eye-Opener!

Rediff.com29 Dec 2023

Wedding.con is a watchable show, if only to caution people about the latest scams, notes Deepa Gahlot.

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Rediff.com16 Jan 2025

Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.

Telcos reiterate demands over FSC, 6 GHz spectrum

Telcos reiterate demands over FSC, 6 GHz spectrum

Rediff.com13 Jun 2024

Telecom service providers have doubled down on their demands for a proposed fair-share charge (FSC) to be levied on major over-the-top (OTT) service providers, opening up the 6 GHz spectrum band and increasing the number of testing labs for telecommunication products. Telecom industry body Cellular Operators Association of India (COAI) on Wednesday said these were the topmost demands for Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government. The industry body wants this additional capital expenditure to be borne by these Large Traffic Generator (LTGs) OTTs as a proposed fair-share charge.

'BJP Will Use MNS To Pressurise Shinde'

'BJP Will Use MNS To Pressurise Shinde'

Rediff.com15 Feb 2025

'The message is loud and clear: "If you're not falling in line, we will open a line of understanding with the MNS, and then the Shiv Sena will be in trouble".'

MTech Grads, How You Can Get Govt Jobs

MTech Grads, How You Can Get Govt Jobs

Rediff.com6 Jan 2025

rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.

Qualcomm launches India-made chip to compete with MediaTek in 5G market

Qualcomm launches India-made chip to compete with MediaTek in 5G market

Rediff.com31 Jul 2024

Qualcomm launched its new affordable, India-designed chipset, the Snapdragon 4s Gen 2, on Tuesday. This chipset will enable mobile device makers to sell 5G smartphones operating on a standalone (SA) network for Rs 8,300 or less.

'BTech From IIT-K. Yet To Get A Job'

'BTech From IIT-K. Yet To Get A Job'

Rediff.com26 Jul 2024

Connect with professionals in your field through LinkedIn, industry events and workshops. Attend job fairs, conferences and meetups to expand your network. Apply for internships or short-term projects to gain practical experience, suggests rediffGURU Aasif Ahmed Khan.

Carlsen warns of pressure for Gukesh: 'First World Championship will be a test'

Carlsen warns of pressure for Gukesh: 'First World Championship will be a test'

Rediff.com15 Nov 2024

Magnus Carlsen of Norway feels that on current form Indian star D Gukesh is the favourite to win the World Chess Championship

Beware! Cybercriminals May Target Olympics

Beware! Cybercriminals May Target Olympics

Rediff.com26 Jul 2024

Domains spoofing the legitimate Olympics Web site, while fake mobile apps masquerading as transport, booking, or other planning apps are also certain to be leveraged by fraudsters during the event, cybersecurity firms say, which puts Indian users also at risk.

E-commerce companies on ONDC may pay the price for non-compliance

E-commerce companies on ONDC may pay the price for non-compliance

Rediff.com14 Apr 2023

The government will develop a mechanism to ensure that e-commerce companies and entities that have adopted Open Network for Digital Commerce (ONDC) architecture are compliant with the rules. Non-compliance may result in a penalty. "We will have our own evaluation system, and if we find any player is not sticking to it, then we will take action. "Participants will have to be compliant with the rule of the land," Sanjiv, joint secretary at the Department for Promotion of Industry and Internal Trade (DPIIT), told reporters on Thursday.

More the merrier? A tale of multiple self-regulatory organisations

More the merrier? A tale of multiple self-regulatory organisations

Rediff.com7 Feb 2025

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.

Space Kidz Is Planning A Moon Mission

Space Kidz Is Planning A Moon Mission

Rediff.com17 Dec 2024

If it becomes a reality, the Chennai-based company will become the first private player from India to conduct such a mission to the lunar surface.