News for 'ai investment'

Odisha Police Nab Suspect in Rs 12.33 Crore Online Investment Scam

Odisha Police Nab Suspect in Rs 12.33 Crore Online Investment Scam

Rediff.com25 Mar 2026

Odisha Police have arrested a man from West Bengal for his alleged involvement in an online investment fraud case involving Rs 12.33 crore.

Two held for providing bank accounts to investment scam cyber fraudsters in Gurugram

Two held for providing bank accounts to investment scam cyber fraudsters in Gurugram

Rediff.com24 Mar 2026

Two individuals have been arrested in Gurugram for allegedly providing bank accounts to cyber fraudsters involved in an investment scam that defrauded victims of approximately Rs 1.09 crore.

Delhi Police Nab Two in Online Investment Fraud Case Involving 21 Lakh

Delhi Police Nab Two in Online Investment Fraud Case Involving 21 Lakh

Rediff.com23 Mar 2026

Delhi Police have arrested two individuals from Rajasthan for allegedly defrauding a Delhi resident of over 21 lakh through a high-return online investment scam. The accused lured the victim with promises of lucrative returns and prepaid tasks.

Maharashtra CM Outlines Measures to Combat Investment Scam Cybercrimes

Maharashtra CM Outlines Measures to Combat Investment Scam Cybercrimes

Rediff.com17 Mar 2026

The Maharashtra government has taken steps to combat the rise in investment-related cybercrimes, including arrests, enhanced cybersecurity measures, and public awareness campaigns.

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com25 Feb 2026

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

AI provides huge opportunities to Indian firms; won't hurt business: Nasscom

AI provides huge opportunities to Indian firms; won't hurt business: Nasscom

Rediff.com17 Feb 2026

The rapid development of artificial intelligence (AI) globally presents significant opportunities for Indian companies and will not adversely impact their businesses, Nasscom AI head Ankit Bose said on Tuesday.

Microsoft to invest $17.5 billion for India's AI-first future: Nadella

Microsoft to invest $17.5 billion for India's AI-first future: Nadella

Rediff.com9 Dec 2025

Microsoft CEO Satya Nadella on Tuesday announced plans to invest $17.5 billion in India to help build infrastructure and sovereign capabilities for the country's AI-first future, marking the third major AI-driven investment in the country in the past two months. Microsoft said that the $17.5 billion (around Rs 1.58 lakh crore) investment builds on the $3 billion (around Rs 26,955 crore) funding announced earlier this year, which the company is on track to spend by the end of CY (calendar year) 2026.

CoinDCX Founders' Arrest: Complainant Withdraws Grievance After Recovering Investment

CoinDCX Founders' Arrest: Complainant Withdraws Grievance After Recovering Investment

Rediff.com23 Mar 2026

The complainant in a Rs 71.6 lakh cheating case involving CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal has withdrawn his grievance after recovering his invested amount. The arrests were made following an FIR registered on March 16 at Mumbra police station against Gupta, Khandelwal and four others on charges of cheating, criminal breach of trust and fraud.

Rs 64,000 Crore Investment in Coal Gasification to Cut Energy Imports

Rs 64,000 Crore Investment in Coal Gasification to Cut Energy Imports

Rediff.com23 Mar 2026

Coal and Mines Minister G Kishan Reddy announced that seven coal gasification projects will be established in Maharashtra, Odisha, and West Bengal with a Rs 64,000 crore investment, aiming to reduce India's reliance on energy imports.

AI Squeezes Entry-Level Jobs

AI Squeezes Entry-Level Jobs

Rediff.com2 Feb 2026

Concerns have emerged about the impact of AI adoption on young workers, particularly those seeking their first job in high-skilled occupations.

AI Can Make India World's Creative Capital

AI Can Make India World's Creative Capital

Rediff.com21 Feb 2026

'Not the back office for the world's content. The leader. The standard-setter.'

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

Rediff.com20 Feb 2026

Fears around artificial intelligence (AI) sparked a global selloff in information technology (IT) stocks, dragging down domestic software shares and prompting the heaviest foreign portfolio investor (FPI) outflows since the second half of July 2025.

India's employment outlook hits record high for Apr-Jun quarter: Report

India's employment outlook hits record high for Apr-Jun quarter: Report

Rediff.com10 Mar 2026

A new survey indicates that Indian employers are planning to increase hiring in the April-June quarter, driven by strong business confidence and domestic demand. The survey also highlights the impact of AI adoption on workforce strategy and the challenges of talent scarcity.

AI is fast becoming central to how drugs will be discovered

AI is fast becoming central to how drugs will be discovered

Rediff.com25 Feb 2026

Artificial intelligence (AI) is no longer a side conversation for Indian pharma. It is fast becoming central to how drugs will be discovered, made, and supplied. Along with that shift comes a sharper focus on innovation, on the one hand, and quality and trust, on the other.

Actor Varsha Usgaonkar Allegedly Cheated in Investment Scam

Actor Varsha Usgaonkar Allegedly Cheated in Investment Scam

Rediff.com5 Mar 2026

Mumbai police have registered a case against a man accused of cheating actress Varsha Usgaonkar and four others of Rs 47 lakh with promises of high investment returns.

'We have been building AI before it became mainstream'

'We have been building AI before it became mainstream'

Rediff.com20 Feb 2026

'Today, we are at a stage where we have launched a voice-to-voice model that supports 14 Indian languages.'

Man Arrested in Rajasthan Luxury Car and Crypto Investment Fraud

Man Arrested in Rajasthan Luxury Car and Crypto Investment Fraud

Rediff.com13 Mar 2026

Rajasthan Police have arrested a man allegedly involved in a large-scale fraud that collected crores in funds from people under the pretext of luxury car sales, cryptocurrency, and social media-based investment schemes.

'AI Enablement Requires Engineering'

'AI Enablement Requires Engineering'

Rediff.com26 Dec 2025

'It requires tail layering and customising, and you can't just sprinkle your organisation with co-pilots and be done with it.'

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

Rediff.com12 Mar 2026

The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.

Directors of Agri-Tourism Firm Arrested for Rs 100 Crore Investment Scam in Kerala

Directors of Agri-Tourism Firm Arrested for Rs 100 Crore Investment Scam in Kerala

Rediff.com15 Mar 2026

Police in Kochi have arrested three directors of an agri-tourism firm accused of defrauding hundreds of investors of over Rs 100 crore through a fake investment scheme.

'This Isn't Day One Of AI; It Is Hour One'

'This Isn't Day One Of AI; It Is Hour One'

Rediff.com20 Feb 2026

'When a technology is this fundamental, a country should have its own version of it, rather than relying on whether someone else chooses to build it for you.'

Fake Call Centre Busted in Navi Mumbai for Stock Market Investment Fraud

Fake Call Centre Busted in Navi Mumbai for Stock Market Investment Fraud

Rediff.com15 Mar 2026

Police in Navi Mumbai have dismantled a fraudulent call centre accused of swindling individuals out of over Rs 1 crore by falsely promising high returns on share market investments. Two individuals have been arrested, and investigations are ongoing.

Siddaramaiah Calls for Ethical AI Use, Protecting Artists in AVGC-XR

Siddaramaiah Calls for Ethical AI Use, Protecting Artists in AVGC-XR

Rediff.com27 Feb 2026

Karnataka Chief Minister Siddaramaiah emphasized the importance of ethical AI usage, intellectual property protection, and fair compensation in the AVGC-XR sector, advocating for AI to enhance human creativity rather than replace artists.

Govt: Boost AI Now or Lose IT Edge

Govt: Boost AI Now or Lose IT Edge

Rediff.com20 Nov 2025

'What the government is doing would be a drop in the ocean. It has to be matched by investments by industry.'

India Inc lauds Budget for bold bets on AI, data centres

India Inc lauds Budget for bold bets on AI, data centres

Rediff.com1 Feb 2026

India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.

'AI Makes This The Most Exciting Time To Be Alive'

'AI Makes This The Most Exciting Time To Be Alive'

Rediff.com27 Jan 2026

'In three years, you will have an AI model that will be smarter than the smartest mathematician or the smartest scientist.'

Tamil Nadu bets big on India's first full-stack sovereign AI park

Tamil Nadu bets big on India's first full-stack sovereign AI park

Rediff.com14 Jan 2026

The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.

Flipkart Appoints New VPs to Drive Tech Innovation

Flipkart Appoints New VPs to Drive Tech Innovation

Rediff.com6 days ago

Flipkart has announced the appointment of Smita Ojha as Vice President of Engineering and Amit Sharma as Vice President of Program Management to scale its core technology and drive long-term value creation.

'Not the ending I planned': Oracle's mass layoffs spark online angst

'Not the ending I planned': Oracle's mass layoffs spark online angst

Rediff.com4 days ago

Oracle Corporation has reportedly laid off thousands of employees globally, including a significant number in India, with affected individuals receiving early morning termination emails and immediate laptop lockouts, despite the company posting record quarterly revenues of $17.2 billion.

Rashid Naseem, Wanted for Investment Fraud, Arrested in Dubai

Rashid Naseem, Wanted for Investment Fraud, Arrested in Dubai

Rediff.com27 Feb 2026

Rashid Naseem, wanted in India for an alleged investment fraud, has been arrested in Dubai following an Interpol Red Notice and extradition request.

IPL 2026: After Stampede, RCB spend Rs 7 Cr for fan safety

IPL 2026: After Stampede, RCB spend Rs 7 Cr for fan safety

Rediff.com24 Mar 2026

Royal Challengers Bengaluru has invested significantly in upgrading crowd management and security at the M Chinnaswamy Stadium following a tragic stampede last year. The enhancements include AI-led CCTV, reworked entry points, and revised agreements with the KSCA.

Home Ministry Explains Use of Open-Source Intelligence for Security

Home Ministry Explains Use of Open-Source Intelligence for Security

Rediff.com5 days ago

The Home Ministry has informed a parliamentary committee that security agencies utilise open-source intelligence, including social media, for information gathering, ensuring no privacy breach as personal data is not collected.

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Rediff.com17 Mar 2026

Global cybersecurity firm Kaspersky plans to significantly increase its investments in India, leveraging the country as a hub for regional services due to strong financial performance and the escalating threat landscape.

India Is In The Doghouse At The Moment

India Is In The Doghouse At The Moment

Rediff.com20 Mar 2026

There is record underperformance and under-ownership. Some of this is cyclical and will turn on its own. However, we also need to regain our growth credentials. For this, both the government and companies have a role to play, as do investors, points out Akash Prakash.

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Rediff.com5 Feb 2026

Cognizant reported a significant increase in net income for the December quarter, driven by AI efficiencies and strong performance in the financial services sector. The company also announced a major deal and provided guidance for the upcoming year.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

Rediff.com17 Dec 2025

The country's largest IT services firm Tata Consultancy Services on Wednesday outlined an aggressive plan to become the "world's largest AI-led technology services company" as CEO K Krithivasan shared that the company has logged about $1.5 billion in annualised revenue.

LIC Offices Open on Tuesday Following Irdai Advisory

LIC Offices Open on Tuesday Following Irdai Advisory

Rediff.com6 days ago

LIC offices will remain open during normal working hours on Tuesday for customer convenience, following an advisory from Irdai. CoinDCX commits to invest in cybersecurity infrastructure, and PayNearby introduces UPI QR-based cash withdrawals.

Should You Invest In Silver Now?

Should You Invest In Silver Now?

Rediff.com16 Feb 2026

Is the parabolic rise in silver running out of steam or just getting started? Ramalingam Kalirajan offers his take on if you should invest in silver now?

Union minister Pradhan wants Mahakal Standard Time to replace GMT

Union minister Pradhan wants Mahakal Standard Time to replace GMT

Rediff.com2 days ago

Union Education Minister Dharmendra Pradhan has advocated for the establishment of 'Mahakal Standard Time' (MST), citing Ujjain's historical significance as a centre for time calculation and astronomy.