News for 'financial services'

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.

Tamil Nadu polls: AIADMK promises free fridge to voters

Tamil Nadu polls: AIADMK promises free fridge to voters

Rediff.com25 Mar 2026

AIADMK general secretary Edappadi K Palaniswami has announced a series of welfare measures, including free refrigerators for rice ration cardholders, if the party wins the 2026 Assembly election in Tamil Nadu.

UP ramps up services to achieve $50 bn export goal, eyes $1-trn economy

UP ramps up services to achieve $50 bn export goal, eyes $1-trn economy

Rediff.com2 Jan 2026

To meet its $50-billion export target by 2030, the Uttar Pradesh government is looking to significantly scale up services sector, with a focus on Information Technology (IT) and Global Capability Centres (GCC) domains. Under the UP Export Promotion Policy 2025-30, the state aims to raise goods and services exports from $21 billion in 2024 to $50 billion by 2030.

Net FDI stayed negative in November

Net FDI stayed negative in November

Rediff.com22 Jan 2026

Net foreign direct investment (FDI) remained negative in November 2025 for the third consecutive month, mainly due to high repatriation, the Reserve Bank of India (RBI) said in its January bulletin.

Which Sectors Bore FPI Brunt In 2025?

Which Sectors Bore FPI Brunt In 2025?

Rediff.com23 Jan 2026

FPIs net sold equities worth Rs 1.7 trillion in 2025 -- the highest annual net sale on record.

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.

Genius Sports Bids High for ISL Commercial Rights

Genius Sports Bids High for ISL Commercial Rights

Rediff.com27 Mar 2026

Two companies are competing for the Indian Super League and Federation Cup commercial rights, with Genius Sports offering over Rs 2100 crore. Capri Sports bids for the Indian Women's League rights.

Compensation: What Digital Fraud Victims Must Know

Compensation: What Digital Fraud Victims Must Know

Rediff.com23 Mar 2026

Customers will qualify for compensation even if they mistakenly share the OTP.

International Cyber Fraud Racket Busted in J&K: Seven Arrested

International Cyber Fraud Racket Busted in J&K: Seven Arrested

Rediff.com19 Mar 2026

The Jammu and Kashmir Police's Counter Intelligence Wing (CIK) has dismantled a sophisticated international cyber fraud racket, arresting seven individuals in Srinagar. The operation targeted victims in the USA, UK, and Canada, using advanced techniques to steal funds through deceptive online schemes.

Bank of India Held Liable for ATM Fraud, Ordered to Pay Compensation

Bank of India Held Liable for ATM Fraud, Ordered to Pay Compensation

Rediff.com9 Mar 2026

The State Consumer Disputes Redressal Commission has directed Bank of India to compensate a senior citizen for losses incurred due to unauthorized ATM transactions, citing deficiency in service and failure to adhere to security protocols.

Hormuz Tensions Put India At Heart Of US Strategy

Hormuz Tensions Put India At Heart Of US Strategy

Rediff.com30 Mar 2026

Delhi should keep all its options open in what is essentially a transitional period in the geopolitics of energy rather than remain a gatekeeper serving Trump's 'America First', suggests Ambasssador M K Bhadrakumar.

Karnataka Establishes Committee to Guide Ethical AI Use in Government

Karnataka Establishes Committee to Guide Ethical AI Use in Government

Rediff.com12 Mar 2026

The Karnataka government has formed a committee on responsible AI to develop a framework for the safe, ethical, and transparent adoption of AI across government systems and public services.

London Court Upholds Nirav Modi Extradition Based on Indian Government Assurances

London Court Upholds Nirav Modi Extradition Based on Indian Government Assurances

Rediff.com26 Mar 2026

The London High Court has rejected Nirav Modi's petition to reopen his extradition case, citing the Indian government's assurances regarding his treatment in India as a key factor in their decision.

Union Minister Majumdar Criticises Banerjee's Protest, Outlines BJP's Promises for West Bengal

Union Minister Majumdar Criticises Banerjee's Protest, Outlines BJP's Promises for West Bengal

Rediff.com6 Mar 2026

Union Minister Sukanta Majumdar criticised West Bengal Chief Minister Mamata Banerjee's dharna and outlined the BJP's promises for the upcoming assembly elections, including job creation, increased financial assistance for women, and proper DA for state government employees.

The Inspiring Journey Of Sreeja, UPSC AIR 57

The Inspiring Journey Of Sreeja, UPSC AIR 57

Rediff.com16 Mar 2026

'India is at a critical juncture in this century. I want to be a part of the diplomatic team that works to make India great.'

AI, IndiGo, SpiceJet protest free seat selection rule, warn of fare hikes

AI, IndiGo, SpiceJet protest free seat selection rule, warn of fare hikes

Rediff.com21 Mar 2026

IndiGo, Air India, and SpiceJet are opposing the government's directive to offer 60% of seats for free selection, arguing it will lead to increased airfares to compensate for lost revenue.

Gulf War: US, Israel Didn't Expect This To Happen

Gulf War: US, Israel Didn't Expect This To Happen

Rediff.com27 Mar 2026

The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.

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'.

Why taxis, autos, trucks in Maha are going off roads

Why taxis, autos, trucks in Maha are going off roads

Rediff.com5 Mar 2026

Transporters across Maharashtra have announced a statewide strike to protest against e-challans and other issues, potentially disrupting transport services including school buses and commercial vehicles.

Non-metro push by qcom, ecom players may lift gig hirings

Non-metro push by qcom, ecom players may lift gig hirings

Rediff.com9 Feb 2026

Ecommerce (ecom) and quick commerce (qcom) platforms are expected to lead gig worker hiring in calendar year 2026 (CY26), adding nearly 1 million workers on the back of sustained demand for last-mile deliveries, higher order volumes, and continued expansion of dark stores into non-metropolitan cities, industry experts have said.

Can Women Over 40 Have A Normal Delivery?

Can Women Over 40 Have A Normal Delivery?

Rediff.com12 Mar 2026

While fertility does decline with age, many women have successfully delivered babies after the age of 40, notes Dr Rohan Palshetkar, consultant IVF specialist at Bloom IVF and Palshetkar Patil Nursing Home.

Sensex up 174 points on gains in bank, IT stocks

Sensex up 174 points on gains in bank, IT stocks

Rediff.com17 Feb 2026

Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.

Official: Holistic Development, Grassroots Governance Key to India's Progress

Official: Holistic Development, Grassroots Governance Key to India's Progress

Rediff.com3 Mar 2026

Chief Secretary Atal Dulloo emphasises the importance of holistic development and grassroots governance for India's progress at a national conference in Jammu.

Tata Power and Salesforce Collaborate to Boost Renewable Energy Growth

Tata Power and Salesforce Collaborate to Boost Renewable Energy Growth

Rediff.com6 Mar 2026

Tata Power has partnered with Salesforce to digitally transform its rooftop solar, EV charging, and smart home solutions businesses, aiming to enhance customer engagement and operational efficiency.

Tata Power and Salesforce Join Forces to Boost Renewable Energy Solutions

Tata Power and Salesforce Join Forces to Boost Renewable Energy Solutions

Rediff.com6 Mar 2026

Tata Power collaborates with Salesforce to digitally transform its rooftop solar, EV charging, and smart home solutions businesses, aiming to enhance customer engagement and operational efficiency.

Swift Launches New System for Faster, Cheaper International Payments

Swift Launches New System for Faster, Cheaper International Payments

Rediff.com5 Mar 2026

Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.

AI Skills Enter Employee Performance Reviews

AI Skills Enter Employee Performance Reviews

Rediff.com11 Mar 2026

The message is becoming clearer: Employees who fail to meaningfully integrate AI into their work risk falling behind in performance assessments.

Ex-Surendranagar Collector Denied Bail in Money Laundering Case

Ex-Surendranagar Collector Denied Bail in Money Laundering Case

Rediff.com12 Mar 2026

A special PMLA court in Ahmedabad rejected the bail plea of IAS officer Rajendrakumar Patel, arrested by the Enforcement Directorate in a bribery-linked money laundering case. The court cited evidence suggesting Patel's involvement in money laundering and the receipt of substantial bribe money.

RBI-Esma MoU set to end CCIL impasse

RBI-Esma MoU set to end CCIL impasse

Rediff.com28 Jan 2026

The Clearing Corporation of India (CCIL) will be able to reapply for recognition by the European Union's (EU) financial markets regulator following a pact signed on Tuesday between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (Esma).

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Rediff.com9 Feb 2026

Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.

Minutes before poll date announcement, Mamata rolls out sops

Minutes before poll date announcement, Mamata rolls out sops

Rediff.com15 Mar 2026

Political observers said the announcement assumes significance as the state prepares for the assembly elections, with political parties stepping up outreach to various community groups.

Gulf War: Hormuz Is Becoming The Central Battlefield

Gulf War: Hormuz Is Becoming The Central Battlefield

Rediff.com23 Mar 2026

The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.

2025: Women, Freshers Dominate Hiring Momentum

2025: Women, Freshers Dominate Hiring Momentum

Rediff.com23 Dec 2025

Hiring was strongest in education and training, healthcare services, retail, financial services and wellness.

Jio Financial Services becomes India's most valued NBFC behind Bajaj twins

Jio Financial Services becomes India's most valued NBFC behind Bajaj twins

Rediff.com28 Jul 2023

Jio Financial Services, a unit of Mukesh Ambani's Reliance Industries (RIL), got valued at Rs 1.66 trillion ($20 billion) following an hour-long special trading session conducted by stock exchanges on Thursday. Shares of RIL's unit got priced at Rs 261.85 apiece - higher than analysts' expectations of Rs 134-224 per share. The price was arrived at after calculating the difference between RIL's Wednesday (July 19) close of Rs 2,840 and Rs 2,580, the price discovered during the first-of-its-kind pre-trade session.

Smart Money Tips Every Woman MUST READ

Smart Money Tips Every Woman MUST READ

Rediff.com5 Mar 2026

'Money is not just about greed or accumulation. It gives you freedom, dignity and choice. And you have every right to all three.'

Guess Which State's Sweepers Earn Rs 2 Lakh Salary?

Guess Which State's Sweepers Earn Rs 2 Lakh Salary?

Rediff.com26 Feb 2026

The Telangana government's salary structure reveals surprising figures, with senior sweepers earning up to 2 lakh and chief engineers drawing 7 lakh monthly.

Smallcap Segment Is Volatile

Smallcap Segment Is Volatile

Rediff.com12 Mar 2026

'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'

What Caused Nifty IT's 6% Fall On Thu?

What Caused Nifty IT's 6% Fall On Thu?

Rediff.com13 Feb 2026

The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

RBI looks to ban sales incentive to bank staffers from third party

RBI looks to ban sales incentive to bank staffers from third party

Rediff.com12 Feb 2026

In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.