News for 'Tech Times'

MI's Hundred move: 49% stake in Oval Invincibles

MI's Hundred move: 49% stake in Oval Invincibles

Rediff.com30 Jan 2025

Mumbai Indians won a fiercely contested e-auction, fending off competition from a Silicon Valley tech consortium, comprising the chief executives of Google, Microsoft, and Adobe as well Gujarat Titans owners CVC.

MX Player Is The Horse To Bet On In OTT Biz

MX Player Is The Horse To Bet On In OTT Biz

Rediff.com12 May 2025

At 250 million unique visitors a month, MX Player has for long been in the same bracket as YouTube (454 million) and Meta (324 million) in reach.

EdTech firm moves SC against grace marks to 1500 NEET-UG students

EdTech firm moves SC against grace marks to 1500 NEET-UG students

Rediff.com12 Jun 2024

The plea challenges the alleged award of grace marks on account of loss of time apparently due to several reasons. The petition is yet to be listed for hearing.

'Media Frenzy Has Ruined Justice Varma's Reputation'

'Media Frenzy Has Ruined Justice Varma's Reputation'

Rediff.com16 Apr 2025

'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'

Militants use RPGs, drones for first time in Manipur attack

Militants use RPGs, drones for first time in Manipur attack

Rediff.com2 Sep 2024

The Manipur government has ordered the state police to conduct combing operations and sanitisation in areas bordering Imphal West district where two persons were killed and nine others injured in an attack by suspected militants, officials said.

Harvard's 788 Indian Students: What Next?

Harvard's 788 Indian Students: What Next?

Rediff.com23 May 2025

The Trump administration has revoked Harvard University's eligibility to enrol foreign students, raising concerns over the legal status of thousands of students, including nearly 800 from India, currently enrolled at the varsity.

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Rediff.com11 Jun 2024

Nasdaq-listed Cognizant Technology Solutions has signed a definitive agreement to acquire global engineering company Belcan for about $1.3 billion (Rs 10,853.7 crore) in cash and stock. The transaction is expected to close in the September quarter. The total consideration includes $1.19 billion (Rs 9,935.31 crore) in cash and 1.47 million Cognizant shares, valued at $97 million (Rs 809.53 crore) based on the information technology services provider's closing share price on June 7, 2024.

Govt announces new Fund of Funds scheme with Rs 10k cr corpus for startups

Govt announces new Fund of Funds scheme with Rs 10k cr corpus for startups

Rediff.com1 Feb 2025

The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years with a view to promote growth of budding entrepreneurs.

PM launches 3 supercomputers, says tech upgradation should empower the poor

PM launches 3 supercomputers, says tech upgradation should empower the poor

Rediff.com26 Sep 2024

Prime Minister Narendra Modi on Thursday said a country can aim for high achievements only if it has a big vision and asserted that technology upgradation should be to empower the poor. Speaking after launching via video link three PARAM Rudra supercomputers, developed indigenously under National Supercomputing Mission, Modi asserted that today's India is carving new opportunities in the infinite sky of possibilities. Modi said his government has taken steps to ensure research in technology benefits the common man.

Indian IT companies need to be paranoid: HCL CEO

Indian IT companies need to be paranoid: HCL CEO

Rediff.com24 Feb 2025

The time is up for the over three-decades-old business model with the advent of artificial intelligence, HCL Technologies' chief executive C Vijayakumar said on Monday. Speaking at industry lobby grouping Nasscom's annual NTLF event in Mumbai, Vijayakumar said companies need to be "paranoid", given the wide-ranging impact of AI and stressed that this attitude will help them to be relevant and grow. "I strongly believe that the business model is ripe for disruption.

Space Industry Thrilled With FM Plans

Space Industry Thrilled With FM Plans

Rediff.com1 Feb 2025

'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Apr 2025

Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts.

BSE, CDSL, KFin Tech: Rally in exchange-related stocks may halt, say analysts

BSE, CDSL, KFin Tech: Rally in exchange-related stocks may halt, say analysts

Rediff.com1 Dec 2023

Swift gains on Dalal Street this year have also led to a sharp surge in shares of equity market intermediaries like depositories, exchanges, and registrar and transfer Agents (RTAs). The stock prices of BSE, CDSL, CAMS, and KFin Technologies are up 24-283 per cent so far in 2023 when compared to a 9 per cent rise in the benchmark Nifty index. With the market buoyancy expected to keep up the pace, analysts believe these stocks are a good long-term bet despite the sharp rally, which can trigger an intermittent correction.

'30-40% Of H-1B Visas Cornered By Staffing Companies'

'30-40% Of H-1B Visas Cornered By Staffing Companies'

Rediff.com20 Jan 2025

'If the Trump administration decides to put guardrails on H-1B visas, that will surely impact both US and Indian firms.'

A 'Typical Tom Cruise Day' In Cannes

A 'Typical Tom Cruise Day' In Cannes

Rediff.com15 May 2025

Three decades and seven films after the first blockbuster Mission: Impossible film in 1996, Tom Cruise, now 62, returns with yet another installment in the franchise, Mission: Impossible - The Final Reckoning.

Sensex plunges 824 pts to 7-month low as IT, oil, gas shares tank

Sensex plunges 824 pts to 7-month low as IT, oil, gas shares tank

Rediff.com27 Jan 2025

Benchmark BSE Sensex tanked 824 points to settle at a fresh seven-month low on Monday following heavy selling in IT and oil & gas shares amid weak global trends. The 30-share BSE barometer plunged by 824.29 points or 1.08 per cent to close at 75,366.17 with 23 of its constituents ending lower and seven with gains. During the day the index moved between a high of 75,925.72 and a low of 75,267.59.

Nearly 90% of orders in Feb sales fully paid: Ola Electric

Nearly 90% of orders in Feb sales fully paid: Ola Electric

Rediff.com9 Apr 2025

Ola Electric on Tuesday clarified that its February sales figures reflect genuine customer orders after full payments, and not just preliminary bookings with a token amount, stating that "nearly 90 per cent" of these orders were paid in full at the time of placement. "To be clear, the sales figures for February 2025 represent genuine customer demand backed by financial commitment, not token-amount bookings.

Pune Porsche crash: Two cops face axing for negligence in probe

Pune Porsche crash: Two cops face axing for negligence in probe

Rediff.com28 Mar 2025

Two Maharashtra Police officers are facing dismissal for alleged negligence in the investigation of a fatal Porsche crash in Pune last year. The officers were suspended for their late reporting of the incident and dereliction of duty, and an internal inquiry revealed lapses in the case registration and blood sample collection. The case involves a drunk minor driver who killed two tech professionals, and there was an attempt to swap blood samples to conceal the driver's intoxication.

Sensex closes above 75,000 for the first time

Sensex closes above 75,000 for the first time

Rediff.com10 Apr 2024

From the Sensex basket, ITC, Kotak Mahindra Bank, Bharti Airtel, State Bank of India, Asian Paints, Tech Mahindra, Reliance Industries and Nestle were the major gainers. Maruti, HDFC Bank, Larsen & Toubro and Mahindra & Mahindra were among the laggards.

Want To Study In South Korea?

Want To Study In South Korea?

Rediff.com26 Feb 2025

The South Korean government is inviting applications for fully funded Seoul Tech Scholarships 2025.

Epstein files, Impeachment: Trump-Musk feud gets nastier

Epstein files, Impeachment: Trump-Musk feud gets nastier

Rediff.com6 Jun 2025

The feud reached its peak when Musk made explosive allegations about Trump's connection to disgraced financier Jeffrey Epstein, marking a dramatic escalation in their increasingly personal conflict.

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Rediff.com27 Feb 2025

Donald Trump held his first cabinet meeting of his second term, featuring a controversial appearance by Elon Musk, who stood wearing a "tech support" T-shirt.

What Was Melania Doing On Capitol Hill?

What Was Melania Doing On Capitol Hill?

Rediff.com4 Mar 2025

The first lady met 'members of Congress on a bill could speed the removal of intimate imagery posted online without an individual's consent, or revenge porn,' Associated Press reported.

Trump vs Harvard: 'Don't Panic. Harvard Is Not The Only Path To Success'

Trump vs Harvard: 'Don't Panic. Harvard Is Not The Only Path To Success'

Rediff.com26 May 2025

Amidst growing panic over Trump's ban on Harvard's international student enrolment, overseas education consultants have this advice for Indian students.

'Nagrik Devo Bhava': Modi's message to bureaucrats

'Nagrik Devo Bhava': Modi's message to bureaucrats

Rediff.com21 Apr 2025

Citing evolving needs and aspirations of the citizens, he said that the civil service must adapt to contemporary challenges to remain relevant.

The little-known BluSmart founder

The little-known BluSmart founder

Rediff.com1 May 2025

As the Jaggi brothers - Anmol Singh Jaggi and Puneet Singh Jaggi - find themselves at the heart of the financial mismanagement in the Gensol-BluSmart saga, attention on the third BluSmart co-founder, Punit K Goyal, has taken a notably different turn.

Reliance, Tata on TIME's list of world's most influential companies

Reliance, Tata on TIME's list of world's most influential companies

Rediff.com30 May 2024

Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.

Capgemini India CEO bats for 47.5-hour work week, no weekend e-mails

Capgemini India CEO bats for 47.5-hour work week, no weekend e-mails

Rediff.com25 Feb 2025

Joining the debate on working hours, IT services company Capgemini India's chief executive Ashwin Yardi on Tuesday advocated 47.5 hours work per week, and was against sending e-mails to employees on weekends. He was speaking at Nasscom Technology and Leadership Forum (NTLF) in Mumbai.

Sensex crosses 73K for 1st time; Nifty scales 22K

Sensex crosses 73K for 1st time; Nifty scales 22K

Rediff.com15 Jan 2024

Among the Sensex firms, Wipro jumped over 6 per cent after the IT company's December quarter earnings beat estimates. The other prominent gainers were HCL Technologies, HDFC Bank, Infosys, Tech Mahindra, Bharti Airtel and Reliance Industries.

Will US Host India-Pakistan Talks In Washington?

Will US Host India-Pakistan Talks In Washington?

Rediff.com15 May 2025

Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.

10 Medical Streams After Class 12

10 Medical Streams After Class 12

Rediff.com15 May 2025

While MBBS continues to be the most sought-after stream for medical aspirants, post pandemic, the demand for skilled nurses and physiotherapists are on the rise, notes Nayagam PP, career counsellor and founder of EduJob360.

Finance ministry bans ChatGPT, DeepSeek on office devices over data risk

Finance ministry bans ChatGPT, DeepSeek on office devices over data risk

Rediff.com5 Feb 2025

The Indian Finance Ministry has instructed its officials to refrain from using AI tools and apps like ChatGPT and DeepSeek on government devices, citing concerns over data confidentiality. This move comes amidst global discussions regarding the potential security risks associated with AI tools and follows similar actions by countries like Australia and Italy, which have restricted access to DeepSeek due to privacy concerns. The directive highlights the growing awareness of the potential security implications of AI technology in government environments.

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Rediff.com1 Feb 2025

Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

'Our industry outperformance is not a one-year story'

'Our industry outperformance is not a one-year story'

Rediff.com24 Mar 2025

'What is working is quality management, great teams, engineers, platforms, and highly differentiated services.'

Why I Love Warren Buffet. It's Not What You Think

Why I Love Warren Buffet. It's Not What You Think

Rediff.com12 May 2025

'He has been one of the clearest thinkers in the history of business.'

Army deploys indigenous, hi-tech drones along J-K's western, norther borders

Army deploys indigenous, hi-tech drones along J-K's western, norther borders

Rediff.com7 Sep 2023

The Indian Army is also focussing on artificial intelligence and has begun a process in this direction.

Smile, Nod, Suffer: Are You Too Nice At Work?

Smile, Nod, Suffer: Are You Too Nice At Work?

Rediff.com23 Apr 2025

Organisations that reward constant optimism and penalise negativity create environments where employees feel pressured to hide their struggles, notes Sonica Aron, founder of HR consultancy firm Marching Sheep.

'Elon Musk was fascinated about Kumbh Mela'

'Elon Musk was fascinated about Kumbh Mela'

Rediff.com18 Jan 2025

Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.

Slow margin recovery likely to remain a headwind for LTIMindtree

Slow margin recovery likely to remain a headwind for LTIMindtree

Rediff.com26 Jan 2025

LTIMindtree's (LTIM's) December quarter revenue, at $1.139 billion, was up 1.8 per cent quarter-on-quarter (Q-o-Q) (5.6 per cent year-on-year or Y-o-Y) in constant currency (CC) terms, marginally ahead of expectations.