News for 'financial technology'

'My Life Has Been Paused Without My Consent'

'My Life Has Been Paused Without My Consent'

Rediff.com12 Dec 2025

Thousands of Indian H-1B workers are stranded in India after sudden visa appointment cancellations at US consulates.

'After GST cut, innovation will boost life insurance'

'After GST cut, innovation will boost life insurance'

Rediff.com5 Dec 2025

The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a "landmark step" for making insurance affordable and inclusive. In a panel discussion at the Business Standard BFSI Insight Summit 2025, Anup Bagchi, managing director (MD) & chief executive officer (CEO) of ICICI Prudential Life Insurance; Mahesh Balasubramanian, MD & CEO of Kotak Life Insurance; Tarun Chugh, MD & CEO of Bajaj Life Insurance; and Ratnakar Patnaik, MD of Life Insurance Corporation of India (LIC), listed what else the industry needs to reach more people.

Largest 'digital arrest' fraud: Mumbai businessman loses Rs 58 cr

Largest 'digital arrest' fraud: Mumbai businessman loses Rs 58 cr

Rediff.com16 Oct 2025

In the latest case, the fraudsters, posing as personnel of the Enforcement Directorate and the Central Bureau of Investigation, contacted the businessmen between August 19 to October 8 and claimed his name had cropped up in a case of money laundering.

Why US-China Face-Off Is Advantage India

Why US-China Face-Off Is Advantage India

Rediff.com29 Oct 2025

Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.

Urban Company's Rs 1,900-cr IPO subscribed whopping 103.63 times

Urban Company's Rs 1,900-cr IPO subscribed whopping 103.63 times

Rediff.com12 Sep 2025

The initial public offer of app-based beauty and home services platform Urban Company Ltd received overwhelming investor participation, with the issue getting a huge 103.63 times subscription on the last day of bidding on Friday. The Rs 1,900-crore IPO received bids for 11,06,46,08,960 shares against 10,67,73,244 shares on offer, according to NSE data.

Road, rail, ministries cross halfway mark in capex spending till Sep

Road, rail, ministries cross halfway mark in capex spending till Sep

Rediff.com6 Nov 2025

The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).

IPO-bound Tata Capital bets on green energy financing, tech push for growth

IPO-bound Tata Capital bets on green energy financing, tech push for growth

Rediff.com3 Oct 2025

Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. By FY25, the cleantech and infrastructure finance book reached Rs 18,000 crore, growing at a 31.8 per cent CAGR over the last two years, the NBFC said on Friday.

India Eyes Self-Reliance in Rare-Earth Magnet Production

India Eyes Self-Reliance in Rare-Earth Magnet Production

Rediff.com9 Oct 2025

The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Rediff.com30 Sep 2025

Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).

'India needs capital support in aerospace and defence'

'India needs capital support in aerospace and defence'

Rediff.com21 Sep 2025

'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'

'Is PG Necessary After MBBS?'

'Is PG Necessary After MBBS?'

Rediff.com26 Nov 2025

While having an MBBS degree allows you to offer consultations, having a PG provides you with more credibility and knowledge, explains rediffGURU Dr Nagarajan JSK.

Goldman Sachs bets on Indian aerospace, prefers private firms

Goldman Sachs bets on Indian aerospace, prefers private firms

Rediff.com4 Oct 2025

Goldman Sachs is bullish about Indian aerospace and defence, preferring private companies over public sector units (PSUs) as the country ramps up its export target for the sector to Rs 50,000 crore by FY29 from Rs 23,600 crore last year. The American investment bank's top 'buy' recommendations include Solar Industries, Bharat Electronics, Data Patterns and PTC Industries, while Bharat Dynamics is rated 'sell'.

'Pakistan May Get More Adventurous Towards India'

'Pakistan May Get More Adventurous Towards India'

Rediff.com4 Oct 2025

'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.'

Top 6 Countries To Study Abroad

Top 6 Countries To Study Abroad

Rediff.com11 Nov 2025

Study abroad experts explain how Canada, Australia, Germany, France and Dubai are redefining global education.

Infosys Q2 profit up 13% to Rs 7,364 crore

Infosys Q2 profit up 13% to Rs 7,364 crore

Rediff.com17 Oct 2025

IT company Infosys on Thursday posted 13.2 per cent increase in consolidated net profit at Rs 7,364 crore for the second quarter ended September 30, 2025.

'Sovereignty in foundational industries is critical for countries'

'Sovereignty in foundational industries is critical for countries'

Rediff.com22 Oct 2025

'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'

UK Opens Up For Indian Students

UK Opens Up For Indian Students

Rediff.com8 Oct 2025

'Initiatives such as the Young Professionals Scheme also offer young graduates the chance to live and work in the UK after gaining experience.'

Be Warned! AI Makes Identity Theft Easier

Be Warned! AI Makes Identity Theft Easier

Rediff.com18 Sep 2025

'The way the attacks are coming has become much stronger and much wider because of AI.'

Wipro Q2 profit inches up; launches 'Wipro Intelligence' to boost AI push

Wipro Q2 profit inches up; launches 'Wipro Intelligence' to boost AI push

Rediff.com16 Oct 2025

IT services firm Wipro on Thursday reported a marginal increase in consolidated net profit to Rs 3,246.2 crore in the July-September quarter, even as company CEO and MD Srini Pallia asserted that the demand environment remains robust with discretionary spends shifting towards AI-related projects.

Will AI Mania Provoke Market Meltdown?

Will AI Mania Provoke Market Meltdown?

Rediff.com10 Nov 2025

'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.

What are the Most Awaited IPOs of 2026?

What are the Most Awaited IPOs of 2026?

Rediff.com29 Oct 2025

Several companies across sectors like finance, healthcare, wellness, retail technology, and asset management are bracing up to hit the D-street. With an unprecedented 1.7 lakh crore raised in 2025, the momentum is likely to sustain in 2026.

At Rs 1.45 trillion, Tata Motors sheds 40 pc of pre-merger valuation

At Rs 1.45 trillion, Tata Motors sheds 40 pc of pre-merger valuation

Rediff.com16 Oct 2025

The passenger vehicle (PV) business of Tata Motors, which also includes the electric vehicle and Jaguar Land Rover businesses, post-demerger is now valued at Rs 1.45 trillion.

Is Finternet The Future Of Financial System?

Is Finternet The Future Of Financial System?

Rediff.com29 Aug 2024

'It allows everybody to participate and controls all assets.' 'We want to have something that allows everyone to participate and control all kinds of assets.'

Rs 2 trn slump in IT stocks hits FPIs' AUC

Rs 2 trn slump in IT stocks hits FPIs' AUC

Rediff.com28 Aug 2025

Global funds' assets under custody (AUC) in India have been flat this year, with a Rs 2 trillion drop in information technology (IT) holdings offset by gains in financial stocks. AUC is the total market value of equities held by FPIs.

'India Is Staring At Dementia Epidemic'

'India Is Staring At Dementia Epidemic'

Rediff.com21 Nov 2025

'10 million Indians are currently living with dementia, and the number is expected to double by 2036.'

How Your Grievances Can Be Fixed!

How Your Grievances Can Be Fixed!

Rediff.com14 Oct 2025

CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.

Sitharaman on the merits of next gen GST reforms

Sitharaman on the merits of next gen GST reforms

Rediff.com2 Sep 2025

The next generation GST reforms would 'absolutely' set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.

For IT cos, growth in Europe may only be temporary relief

For IT cos, growth in Europe may only be temporary relief

Rediff.com11 Aug 2025

With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.

Infy to buy 75% in Telstra arm for Rs 1.3K cr

Infy to buy 75% in Telstra arm for Rs 1.3K cr

Rediff.com14 Aug 2025

Information technology (IT) services major Infosys on Wednesday announced the formation of a joint venture (JV) with Telstra, Australia's leading telecommunications and technology company. This will allow Infosys to accelerate artificial intelligence (AI)-enabled cloud and digital solutions for Australian businesses.

Top Government Exams In 2026

Top Government Exams In 2026

Rediff.com8 Dec 2025

rediffGURU Nayagam PP, founder of EduJob360, breaks down the top government competitive exams aspirants can target in 2026, along with their eligibility criteria, important dates, syllabus essentials and preparation strategies.

Was US India's Ally Or Foe In The 1962 War?

Was US India's Ally Or Foe In The 1962 War?

Rediff.com18 Nov 2025

What appeared to be a generous act of friendship was, in truth, a manoeuvre within a much larger strategic game. The United States used the 1962 war not just to aid India but to test how far it could be pulled into the Western fold, points out Dr Kumar.

Banking, financial stocks drag Sensex down by 427 points

Banking, financial stocks drag Sensex down by 427 points

Rediff.com30 Oct 2024

From the 30-share Sensex pack, Infosys, ICICI Bank, Kotak Mahindra Bank, Mahindra & Mahindra, State Bank of India, HCL Technologies, Axis Bank, NTPC and HDFC Bank were among the laggards. In contrast, Maruti, IndusInd Bank, Adani Ports, ITC and UltraTech Cement defied broader market trends and ended in positive territory.

'TCS Can Survive Without H-1B Visas'

'TCS Can Survive Without H-1B Visas'

Rediff.com21 Oct 2025

'We sent just 500 people from India to the US on H-1B visas. There is no dependence on H-1B visas.'

Dubai offers India Inc a low-tariff launchpad into EMs

Dubai offers India Inc a low-tariff launchpad into EMs

Rediff.com17 Apr 2025

Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president and chief executive officer, Dubai Chambers, at the Dubai-India Business Forum in Mumbai.

BFSI Sector Set For Boom With Rs 58K Cr IPOs

BFSI Sector Set For Boom With Rs 58K Cr IPOs

Rediff.com25 Sep 2025

The sector's IPO pipeline is led by Tata Capital's Rs 17,000 crore issue, followed by ICICI Prudential Asset Management at Rs 10,200 crore and Billionbrains Garage Ventures at Rs 6,000 crore.

'We May See Fewer IPO In Next Samvat'

'We May See Fewer IPO In Next Samvat'

Rediff.com21 Oct 2025

'The primary market's rhythm mirrors investor confidence. While sentiment may appear cautious, it reflects maturity, not weakness.'

Local body polls soon? Maha cabinet takes 21 decisions in single day

Local body polls soon? Maha cabinet takes 21 decisions in single day

Rediff.com4 Nov 2025

A series of decisions were taken under the Public Health Department, including an approval to increase honoraria for field-level workers engaged under the Ayushman BharatPradhan Mantri Jan Arogya Yojana and Mahatma Jyotirao Phule Jan Arogya Yojana.

The Woman Who Dared To Democratise Wealth

The Woman Who Dared To Democratise Wealth

Rediff.com24 Oct 2025

'Success isn't about a single brilliant idea; it's about the relentless execution, the ability to withstand the storms, and the unwavering belief in your mission, even when no one else sees it,' Madhu Lunawat, founder, The Wealth Company.

A Big, Big Push for Defence Self-Reliance

A Big, Big Push for Defence Self-Reliance

Rediff.com15 Sep 2025

Defence Procurement Manual 2025 lays down the guiding principles for revenue procurements in the defence ministry worth around 1 trillion in a financial year.

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Rediff.com25 Oct 2025

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.