News for 'Persistent Systems'

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com1 days ago

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

Could This Hidden Himalayan Lake Trigger Massive Floods?

Could This Hidden Himalayan Lake Trigger Massive Floods?

Rediff.com14 May 2026

A team of scientists has identified a 'potentially dangerous' proglacial lake at 16,500 feet in Arunachal Pradesh's Mago Chu basin, a critical headwaters region of the Brahmaputra, warning of a possible Glacial Lake Outburst Flood (GLOF) due to rapid glacier transformation.

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Rediff.com5 days ago

Uttar Pradesh is experiencing an intense heatwave, with Banda recording the highest temperature at 47.6 degrees Celsius. The IMD has issued a 'Red Colour Warning' for severe heatwave conditions. The extreme heat is disrupting daily life and economic activity, prompting government action to prevent heat-related illnesses.

CBSE Slashes Revaluation Fees

CBSE Slashes Revaluation Fees

Rediff.com18 May 2026

The fee cuts come amid an outcry over CBSE's first full-scale rollout of the Online Scoring Mechanism for Class 12 examinations, with students, parents, and some teachers alleging unusually low marks, unchecked answers, and discrepancies between expected and awarded scores.

Why Customer Experience Is Key For Indian Banks

Why Customer Experience Is Key For Indian Banks

Rediff.com6 days ago

An EY India report suggests that banks must compete on customer experience and evolve physical branches into phygital advisory hubs. The report highlights the importance of anticipating customer needs and blending digital tools with human interaction.

Persistent's premium valuations hinge on sustaining growth momentum

Persistent's premium valuations hinge on sustaining growth momentum

Rediff.com29 Oct 2025

The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

Haryana's Wrestling Prowess On Display At National Tournament

Haryana's Wrestling Prowess On Display At National Tournament

Rediff.com10 May 2026

The Wrestling Federation of India (WFI) President Sanjay Singh highlighted the significant participation of Haryana wrestlers in the National Open Ranking Tournament, countering claims of bias. However, the event was also marred by the discovery of used syringes, underscoring the ongoing doping challenges in Indian wrestling.

EPFO delays UPI-linked PF withdrawal rollout to May

EPFO delays UPI-linked PF withdrawal rollout to May

Rediff.com27 Apr 2026

The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI-linked withdrawals by the end of May, as it finalises testing for its Centralised IT Enabled System (CITES) 2.0 overhaul, aiming to streamline PF balance transfers and withdrawals.

Dowry Deaths: Why Justice Is Still Elusive For Indian Women

Dowry Deaths: Why Justice Is Still Elusive For Indian Women

Rediff.com3 days ago

A look into the tragic deaths of three young women in India, allegedly due to dowry-related harassment, highlights the persistent social and legal challenges in addressing this issue.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Rediff.com28 Apr 2026

Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.

India Accuses Pakistan Of Genocide At United Nations

India Accuses Pakistan Of Genocide At United Nations

Rediff.com6 days ago

India has strongly criticised Pakistan at the UN Security Council, highlighting civilian deaths and injuries in Afghanistan caused by cross-border violence by Pakistani military forces, accusing Pakistan of 'heinous acts' and 'systematic genocide'.

Doping scare erupts at Wrestling Nationals

Doping scare erupts at Wrestling Nationals

Rediff.com10 May 2026

Wrestling Federation of India President Sanjay Singh addressed allegations of bias against Haryana wrestlers and acknowledged ongoing doping concerns after used syringes were found at the National Open Ranking Tournament.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com6 hours ago

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

UN report flags forced conversions of Hindu, Christian women in Pakistan

UN report flags forced conversions of Hindu, Christian women in Pakistan

Rediff.com24 Apr 2026

UN experts have voiced serious concerns regarding the ongoing abduction and forced religious conversion through marriage of women and girls from minority communities in Pakistan, highlighting that impunity is fuelling the practice.

North India sizzles at 45 deg Celsius, relief likely from Tuesday

North India sizzles at 45 deg Celsius, relief likely from Tuesday

Rediff.com26 Apr 2026

Northern states in India are experiencing severe heatwave conditions, with temperatures reaching up to 46.6 degrees Celsius. The heatwave has impacted daily life, leading to a decline in tourism and increased power demand. Authorities have issued advisories and implemented measures to mitigate the effects of the extreme heat.

What's Rajendra Arlekar Up To?

What's Rajendra Arlekar Up To?

Rediff.com9 May 2026

By asking Vijay to produce letters of majority support before inviting him to form the government, the governor risks overstepping established Constitutional principles, notes Harishchandra.

UPI transactions dip 1.7% by value in April after record March

UPI transactions dip 1.7% by value in April after record March

Rediff.com2 May 2026

Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

Rediff.com13 May 2026

NITI Aayog Member Rajiv Gauba has detailed an extensive deregulation agenda, moving India towards a 'permitted unless prohibited' principle to dismantle new forms of the Licence Raj and clear 'regulatory cholesterol' for businesses.

Pakistani Man Gets Death Penalty For Honour Killing

Pakistani Man Gets Death Penalty For Honour Killing

Rediff.com20 Apr 2026

A Pakistani court has sentenced a man to death for killing his wife in the name of 'honour'. The man suspected his wife of having an affair and slit her throat with a knife.

Jefferies downgrades IT, cuts earnings estimates

Jefferies downgrades IT, cuts earnings estimates

Rediff.com24 Feb 2026

Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.

Haryana Rights Body Concerned Over Nuh School Conditions

Haryana Rights Body Concerned Over Nuh School Conditions

Rediff.com8 May 2026

The Haryana Human Rights Commission has taken suo motu cognisance of the alarming conditions in government primary schools in Nuh district, citing violations of children's rights to education, health, and dignified living.

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com2 May 2026

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.

'Modi's Concerned About India's Economic Vulnerabilities'

'Modi's Concerned About India's Economic Vulnerabilities'

Rediff.com14 May 2026

'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Rediff.com30 Apr 2026

Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Rediff.com29 Apr 2026

Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

Why Are Healthy People Always So Tired?

Why Are Healthy People Always So Tired?

Rediff.com23 Apr 2026

'Fatigue is the body's most honest signal, not that you're doing too little (in terms of exercise and diet) but that something deeper isn't working the way it should,' says Ritesh Bawri, founder and chief science officer at wellness platform Nira Balance.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

Haryana Rights Body Demands Report On Non-Functional CCTV Cameras

Haryana Rights Body Demands Report On Non-Functional CCTV Cameras

Rediff.com22 Apr 2026

The Haryana Human Rights Commission has taken suo motu cognizance of a media report pertaining to a large number of CCTV cameras installed by the Municipal Corporation, Panchkula being 'non-functional' and called for a report from the concerned officials in the matter.

How White Matter Damage Impacts Neurodegenerative Diseases

How White Matter Damage Impacts Neurodegenerative Diseases

Rediff.com24 Apr 2026

A new study suggests that damage to the brain's white matter can trigger features often associated with neurodegenerative diseases, such as inflammation in the grey matter.

'Unacceptable': India on attacks on ships in Strait of Hormuz

'Unacceptable': India on attacks on ships in Strait of Hormuz

Rediff.com17 Apr 2026

India has expressed strong concern over the targeting of commercial shipping in the Strait of Hormuz during the West Asia conflict, urging for the restoration of unimpeded navigation and global commerce.

SCARY! Weak Monsoon Threatens Water Security

SCARY! Weak Monsoon Threatens Water Security

Rediff.com24 Apr 2026

'Monsoon is the pran (life) of our water system.' 'A weak monsoon will have a very negative impact on crops and people's lives.'

WADA Chief in Delhi for Urgent Talks on India's Anti-Doping Measures

WADA Chief in Delhi for Urgent Talks on India's Anti-Doping Measures

Rediff.com13 Apr 2026

World Anti-Doping Agency (WADA) President Witold Banka is in Delhi for discussions with NADA officials regarding India's increasing doping cases. He is expected to address the issue in a press conference.

India's Stillbirth Rates: A Deep Dive into National Data Analysis

India's Stillbirth Rates: A Deep Dive into National Data Analysis

Rediff.com6 Apr 2026

A new analysis of national data reveals significant stillbirth rates in India and highlights the need for improved data collection and standardised reporting.

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com23 Apr 2026

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rediff.com31 Dec 2025

The rupee slumped 5 per cent in 2025 as persistent capital outflows from foreign investors, alongside heightened dollar demand from importers, making it one of the worst-performing Asian currencies.

'If you're out, you're out': Bairstow blasts ECB

'If you're out, you're out': Bairstow blasts ECB

Rediff.com25 Mar 2026

Jonny Bairstow supports Liam Livingstone's criticism of the England cricket hierarchy's level of care for players, highlighting concerns about the system's support for those outside the core group and the need to rebuild connections with county cricket.