News for 'ai adoption'

A Home That Truly Knows You: Smart Living Is Here!

A Home That Truly Knows You: Smart Living Is Here!

Rediff.com9 Jun 2025

The smartest homes are not the ones that dazzle with tech, but the ones that disappear into your daily life while quietly elevating it.

Analysts see further gains in LIC post strong Q1FY26 performance

Analysts see further gains in LIC post strong Q1FY26 performance

Rediff.com16 Aug 2025

Life Insurance Corporation of India (LIC) reported encouraging results for the April-June quarter (Q1) of FY26. The net premium income of India's largest life insurer was Rs 1.2 trillion, up 5 per cent year-on-year (Y-o-Y), in Q1. Renewal premium grew 6 per cent Y-o-Y to Rs 59,900 crore, while first-year and single premium grew 1 per cent and 4 per cent Y-o-Y respectively to Rs 7,500 crore and Rs 51,900 crore.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

GenAI can add $1.5 trn to GDP by 2030: EY

GenAI can add $1.5 trn to GDP by 2030: EY

Rediff.com18 Dec 2023

Generative AI (GenAI) has the potential to add a cumulative $1.2-1.5 trillion to India's GDP over the next seven years, according to a report by EY. The report titled 'AIdea of India: Generative AI's potential to accelerate India's digital transformation' says that in 2029-30 alone, GenAI can contribute an additional $359-438 billion to India's GDP. The report said that around 69 per cent of the overall impact of GenAI on India's GDP is expected to be derived from sectors such as business services (including IT, legal, consulting, rental of machinery and equipment, and others), financial services, education, retail, and healthcare.

Pilot Cuts Raise Safety Alarms

Pilot Cuts Raise Safety Alarms

Rediff.com13 Jun 2025

'Who gave the Tatas the right to discontinue technically sound practices related to safety and security?'

5 Key Lessons From Microsoft Layoffs

5 Key Lessons From Microsoft Layoffs

Rediff.com16 May 2025

Professionals will be required to either learn new tech skills that focus on AI, cloud computing, or risk becoming obsolete, says Arun Prakash M.

How GenAI Startup Ecosystem Is Unfolding

How GenAI Startup Ecosystem Is Unfolding

Rediff.com11 Jan 2024

'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'

Undergrads Urge AI Integration In Courses

Undergrads Urge AI Integration In Courses

Rediff.com21 Nov 2023

Among the 44 per cent of Indian students who have used Gen AI in their studies, 60 per cent say it helps them learn faster, 55 per cent say it allows them more creative use of learning, while 51 per cent say it frees up their time.

What Tech Risks Will the World Face in 2025?

What Tech Risks Will the World Face in 2025?

Rediff.com12 Feb 2025

While advancements in biotechnology hold immense promise for health and innovation, they also come with significant risks if misused.

Special Ops 2 Review: Dizzyingly Fast

Special Ops 2 Review: Dizzyingly Fast

Rediff.com18 Jul 2025

Special Ops 2 captures the spirit of the modern-day spy thriller and runs with it, observes Deepa Gahlot.

'It Must Have Been Hellish In The Cockpit'

'It Must Have Been Hellish In The Cockpit'

Rediff.com17 Jul 2025

'Visualise those 15 to 18 seconds: Fully loaded aircraft, pilot manually controlling with both hands (no autopilot immediately after takeoff), looking forward while switches are behind.'

'We'll Have 50K People Trained On GenAI'

'We'll Have 50K People Trained On GenAI'

Rediff.com15 May 2024

'We're putting a lot of focus on GenAI developers and people who can really do all the architecture and programming.'

Need to shift from fortnightly to real-time credit reporting: RBI DG

Need to shift from fortnightly to real-time credit reporting: RBI DG

Rediff.com3 Jul 2025

There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.

Driven by AI, Micron sees robust chip demand

Driven by AI, Micron sees robust chip demand

Rediff.com15 Dec 2023

US-based chipmaker Micron Technology is expecting demand for semiconductors to rise significantly in the next few years, globally and in India, as memory consumption is going up, largely driven by the widespread adoption of technologies like artificial intelligence (AI). "Memory consumption is expected to double by the end of the decade and the biggest driver in this is AI. "While it's natural to talk about compute and GPUs (graphics processing units) in the context of AI, it is not to be forgotten that the true enabler for AI is memory ... in all the AI engines that we talk about, there is a lot of need to access memory quickly," Anand Ramamoorthy, managing director, Micron Technology India, told Business Standard.

Ambani says Jio was biggest risk of his life

Ambani says Jio was biggest risk of his life

Rediff.com25 Jun 2025

Billionaire industrialist Mukesh Ambani described his 2016 return to the telecom industry with Reliance Jio as the "biggest risk" of his life, saying that even if analysts' predictions of financial failure had come true, it would still have been worth it for the role it played in transforming India digitally.

Why analysts are expecting a turnaround for IT companies

Why analysts are expecting a turnaround for IT companies

Rediff.com17 Sep 2024

In previews of Q2FY25 and beyond, industry analysts are expecting a turnaround for IT services. High teens earnings per share or EPS growth is expected for the next two-three financial years. The hopes are backed by deal wins of above $100 billion as at Q1FY25, up 16.6 per cent year-on-year ( Y-o-Y).

India a bright spot for growth: Chandrasekaran

India a bright spot for growth: Chandrasekaran

Rediff.com27 May 2025

N Chandrasekaran, chairman of Tata Consumer Products, has said in the company's annual report for FY25 that India remains one of the bright spots of economic growth amid a volatile global environment. He said India's long-term growth was underpinned by strong demographic and economic fundamentals as well as structural reforms.

'Every Citizen Will Become A Doubtful Voter'

'Every Citizen Will Become A Doubtful Voter'

Rediff.com28 Jul 2025

'Today, the State looks at everyone with suspicion.'

Why Govt Is In No Hurry On Digital Competition Bill

Why Govt Is In No Hurry On Digital Competition Bill

Rediff.com17 Mar 2025

'Indian players in the digital market should not be dominated by global players, and they should not dominate the smaller players -- these discussions are on.'

'Social engineering and deepfakes are only going to increase'

'Social engineering and deepfakes are only going to increase'

Rediff.com30 Jan 2025

'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'

Employees, Know What Silent Firing Is?

Employees, Know What Silent Firing Is?

Rediff.com31 Dec 2024

68 per cent of employees have experienced undue pressure from management, often citing AI and technology as benchmarks for performance, leading to workplace tension.

Microsoft launches new plan to empower AI start-ups in India

Microsoft launches new plan to empower AI start-ups in India

Rediff.com20 Oct 2021

Tech giant Microsoft on Wednesday launched a new programme Microsoft AI Innovate for nurturing and scaling start-ups that are leveraging Artificial Intelligence (AI). The 10-week initiative will support start-ups in India leveraging AI technologies, helping them scale operations, drive innovation, and build industry expertise. Both B2B and B2C start-ups from various industries, including financial services, healthcare, education, agriculture, space, manufacturing and logistics, retail, and e-commerce can participate in the quarterly cohorts of this programme.

'Tata, Mahindra Will Not Allow Tesla to Dominate'

'Tata, Mahindra Will Not Allow Tesla to Dominate'

Rediff.com28 Feb 2025

'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'

Lasik Surgery Market Eyes 2X Growth In 5 Years

Lasik Surgery Market Eyes 2X Growth In 5 Years

Rediff.com20 May 2025

India currently performs around 6,00,000 to 7,00,000 laser-assisted in situ keratomileusis (Lasik) and refractive procedures a year, and the uptake is accelerating.

Startups: 'India Is In A Golden Age'

Startups: 'India Is In A Golden Age'

Rediff.com3 Mar 2025

'The conversation is no longer just about securing funds or acquiring customers but about the long-term value of customers.'

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

Rediff.com10 Apr 2025

India's largest IT services firm Tata Consultancy Services on Thursday reported a 1.68 per cent dip in its consolidated net profit to Rs 12,224 crore for the March 2025 quarter. Tata Consultancy Services (TCS) - whose earnings marked the official start of IT results season - reported a total revenue of Rs 64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period.

'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.'

Google Cloud's ambitious India plans

Google Cloud's ambitious India plans

Rediff.com6 Oct 2024

India is among the fastest-growing markets for Google in the cloud services segment, a senior executive has said, adding that the tech giant is looking to partner companies in their business transformation through its offerings. Google Cloud India is seeing an "increased adoption" of its offerings across segments from the public sector to small and medium businesses and from startups and digital-native companies, Google Cloud India vice president and country managing director Bikram Singh Bedi told PTI.

AI-first strategy working for Infosys despite odds: Nilekani

AI-first strategy working for Infosys despite odds: Nilekani

Rediff.com28 Jun 2023

Artificial Intelligence-first business strategy adopted by Infosys is working well for the company despite unresolved ethical and IPR issues around the technology, Infosys chairman Nandan Nilekani said on Wednesday. In his address at Infosys' 42nd Annual General Meeting, Nilekani said the company can be more efficient while nurturing readiness for growth, given its performance in challenging scenarios created by inflation, interest rates, geopolitics, demand volatility and supply chain dislocations. "Several practical, ethical and intellectual property-related issues, when it comes to AI remain unresolved.

We are infusing GenAI into all our core offerings, says Cognizant CEO

We are infusing GenAI into all our core offerings, says Cognizant CEO

Rediff.com8 Aug 2023

Cognizant Technology Solutions is infusing generative artificial intelligence (GenAI) into all its core offerings, chief executive Ravi Kumar S wrote in an internal note to its employees. Cognizant has 351,500 employees, a majority of whom are in India. Kumar cited the example of a GenAI-enabled conversational virtual assistant (VA) that Cognizant has introduced to help clients reimagine experiences beyond chatbots.

Modi to visit France, US; meet Trump on Feb 12 amid deportation row

Modi to visit France, US; meet Trump on Feb 12 amid deportation row

Rediff.com8 Feb 2025

Prime Minister Narendra Modi will pay a two-day working visit to the US from February 12 during which he will meet President Donald Trump, the external affairs ministry announced. The visit will give further impetus and direction to India-US bilateral relationship. Prior to his US visit, Modi will be in France from February 10-12 to co-chair the AI Action Summit with French President Emmanuel Macron. He will also visit Cadarache, the site of the International Thermonuclear Experimental Reactor of which India is a partner. During his visit to France from February 10-12, Modi and Macron will also address the India-France CEOs forum. The prime minister and Macron will travel to Marseille where they will inaugurate the Consulate General of India. The leaders will also visit the war cemetery and pay tribute to the sacrifices made by Indian soldiers in World War 1. Modi and Macron will visit Cadarache, the site of the International Thermonuclear Experimental Reactor (ITER). There has been a very close rapport between Trump and Modi, dating back to the US leader's first term. There is a clear convergence of interests between the two countries in several areas, including trade, investment, technology, defense cooperation, counterterrorism, Indo-Pacific security, and people-to-people relations.

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.

What You Need To Know About Cyber Fraud

What You Need To Know About Cyber Fraud

Rediff.com24 Dec 2024

The number of digital financial frauds rose more than four times in FY24 year-on-year to comprise 80 per cent of all financial frauds.

5 Workplace Changes You Will See in 2025

5 Workplace Changes You Will See in 2025

Rediff.com2 Jan 2025

Workplaces of 2025 will be defined by a deep focus on people-first values, inclusivity, and sustainable growth, foresees Sonica Aron, founder of Marching Sheep.

'Only Trump Can Unite Thackeray Brothers'

'Only Trump Can Unite Thackeray Brothers'

Rediff.com6 Jun 2025

'Like me there are crores of Marathi people in the state hoping for this miracle to work.'

Future of Reliance belongs to Akash, Isha, Anant, and...: Ambani

Future of Reliance belongs to Akash, Isha, Anant, and...: Ambani

Rediff.com28 Dec 2023

Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will grow to be among the top 10 business conglomerates of the world. Addressing employees on Reliance Family Day - the birthday of the group's founder Dhirubhai Ambani, he said Reliance is now aiming to consolidate a place among global leaders in digital data platforms and AI adoption. "Today, the domestic and global environments for business are changing very fast.

'TN should compete with US, China, and not Indian states'

'TN should compete with US, China, and not Indian states'

Rediff.com26 Mar 2025

'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'

India may pip US as largest GitHub base soon: Nadella

India may pip US as largest GitHub base soon: Nadella

Rediff.com9 Feb 2024

India is expected to overtake the US as the largest developer community on GitHub by 2027, Microsoft chairman and chief executive officer Satya Nadella said during his address to 1,100 developers and technology leaders at the Microsoft AI Tour in Bengaluru on Thursday. India is the fastest-growing market on GitHub, a Microsoft-owned software development platform, with 13.2 million developers using it.

AI Express union alleges unfair labour practices; seeks govt intervention

AI Express union alleges unfair labour practices; seeks govt intervention

Rediff.com30 Jun 2024

The Air India Express Employees Union, which is affiliated with the Bharatiya Mazdoor Sangh, has written a letter to the chief labour commissioner (central) in this regard.

'Employees Aren't Use-And-Throw Objects'

'Employees Aren't Use-And-Throw Objects'

Rediff.com16 Apr 2025

'You think: Did I fail the people I had to let go? Did I promise something I couldn't deliver? That day (when we had to sack 70 people) will stay with me.'