News for 'indian enterprises'

Indian Companies Outpace Global Peers in AI Implementation, Reveals Deloitte Report

Indian Companies Outpace Global Peers in AI Implementation, Reveals Deloitte Report

Rediff.com22 Mar 2026

A Deloitte report reveals that Indian enterprises are leading the world in large-scale AI adoption, but are facing a significant skills gap in AI expertise.

IN-SPACe's PSLV EoI Triggers Debate in Indian Space Industry

IN-SPACe's PSLV EoI Triggers Debate in Indian Space Industry

Rediff.com25 May 2026

India's move to privatise PSLV rocket production through IN-SPACe has triggered debate over national security, ageing technology and the agency's role.

Excited to bring world's biggest sporting spectacles to Indian audiences: Zee CEO

Excited to bring world's biggest sporting spectacles to Indian audiences: Zee CEO

Rediff.com1 days ago

"Excited to bring world's biggest sporting spectacles to Indian audiences": Zee CEO Punit Goenka after securing FIFA broadcasting rights till 2034

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Rediff.com8 Apr 2026

Deloitte India has partnered with IIT Bombay to launch a Quantum Technology Centre, aiming to accelerate quantum adoption, research, and enterprise use-cases for Indian businesses.

How Krutrim Became India's First AI Unicorn

How Krutrim Became India's First AI Unicorn

Rediff.com5 May 2026

Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.

IBM, Yotta Join Forces To Offer AI Platform In India

IBM, Yotta Join Forces To Offer AI Platform In India

Rediff.com7 May 2026

IBM and Yotta Data Services have announced a partnership to deliver an agentic artificial intelligence (AI) platform for enterprises and government organisations in India, leveraging IBM WatsonX Orchestrate and Yotta's Shakti Cloud.

Zee Entertainment Secures Rights To Broadcast FIFA World Cup 2026

Zee Entertainment Secures Rights To Broadcast FIFA World Cup 2026

Rediff.com1 days ago

Zee Entertainment Enterprises Ltd (ZEEL) has announced an eight-year partnership with FIFA to broadcast all its matches, including the World Cup 2026, in the Indian market. The deal includes 39 FIFA global football events, with live coverage available on ZEEL's sports network and streaming platform ZEE5.

How TCS And Mistral Will Deliver AI Solutions Globally

How TCS And Mistral Will Deliver AI Solutions Globally

Rediff.com5 days ago

Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Rediff.com11 May 2026

Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.

Why India Is Set To Spearhead Global AI Deployment

Why India Is Set To Spearhead Global AI Deployment

Rediff.com6 days ago

A senior Microsoft executive says India is uniquely positioned to lead the next phase of global AI deployment, driven by a massive developer base, rapid enterprise adoption, and robust digital public infrastructure.

TCS To Modernise SKF's IT Infrastructure In Multi-Year Deal

TCS To Modernise SKF's IT Infrastructure In Multi-Year Deal

Rediff.com6 days ago

TCS has secured a multi-year deal with Swedish bearings manufacturer SKF to modernise its IT infrastructure and leverage AI for industrial manufacturing.

Decentro Secures Key Licence For Global Payment Services

Decentro Secures Key Licence For Global Payment Services

Rediff.com1 days ago

Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com7 days ago

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

IT Stocks Fuel Sensex Rebound, Snap Four-Day Losing Streak

IT Stocks Fuel Sensex Rebound, Snap Four-Day Losing Streak

Rediff.com15 hours ago

Indian benchmark indices, the BSE Sensex and NSE Nifty, snapped a four-day losing streak, with the Sensex climbing 382 points, primarily driven by a strong rally in IT sector shares. Major IT firms like TCS, Infosys, and HCL Tech saw significant gains, contributing to the market's recovery.

India And UK Startup Ecosystems Explore AI Collaboration

India And UK Startup Ecosystems Explore AI Collaboration

Rediff.com13 hours ago

A delegation of Indian startup founders and leaders visited the UK to explore collaborations in artificial intelligence and technology, aiming to strengthen the India-UK innovation corridor.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Rediff.com5 days ago

A report indicates that mid-tier banking, financial services, and insurance (BFSI) entities in India are highly exposed to cyberattacks due to aggressive digitisation coupled with insufficient cybersecurity investments.

India's Top Listed Developers Prioritise Pan-India Expansion for Growth

India's Top Listed Developers Prioritise Pan-India Expansion for Growth

Rediff.com3 days ago

India's leading listed real estate developers are increasingly focusing on pan-India expansion, diversifying beyond their traditional home markets into high-demand residential areas like MMR, NCR, Bengaluru, Hyderabad, Pune, and Chennai to tap broader housing demand and reduce reliance on single-city market cycles.

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Rediff.com5 Mar 2026

A Lenovo study reveals that Indian enterprises are planning to increase their investments in Artificial Intelligence (AI) at a higher rate than other countries in the Asia-Pacific region.

Customs Agent Sentenced In Import Duty Evasion Case

Customs Agent Sentenced In Import Duty Evasion Case

Rediff.com21 May 2026

A court in Mumbai sentenced a customs clearing agent to two years' imprisonment in four cases of import duty evasion, while acquitting three others due to flawed investigation by the CBI.

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

Why hospital stocks are thriving despite broader market dips

Why hospital stocks are thriving despite broader market dips

Rediff.com5 days ago

Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.

How AI Skills Can Give Indian Employees An Edge

How AI Skills Can Give Indian Employees An Edge

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Rediff.com27 Apr 2026

Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Rediff.com6 Apr 2026

Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.

'Job Market Is Collapsing Like Pack Of Cards'

'Job Market Is Collapsing Like Pack Of Cards'

Rediff.com22 hours ago

'You have seen the retrenchments by big corporates in the IT industry because they are not getting enough offers.' 'MSMEs in the manufacturing sector are really struggling. They do not know what to do. They are not able to predict what will happen tomorrow.'

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com12 hours ago

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

What NSA Ajit Doval Told 16 Prominent Indian Muslims

What NSA Ajit Doval Told 16 Prominent Indian Muslims

Rediff.com28 Apr 2026

'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'

Unincorporated Sector Drives Job Growth, Digital Divide Persists

Unincorporated Sector Drives Job Growth, Digital Divide Persists

Rediff.com7 May 2026

India's unincorporated non-agricultural sector, excluding construction and corporate enterprises, added approximately 7.5 million workers in a single year, reaching 128.1 million employed in 2025, according to the NSO's ASUSE 2025 report.

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Rediff.com5 May 2026

Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.

How India's Mining Sector Is Embracing Data-Driven Sustainability

How India's Mining Sector Is Embracing Data-Driven Sustainability

Rediff.com8 May 2026

India's mining sector is shifting from sustainability compliance to a data-driven model focused on long-term performance, driven by evolving ESG regulations and digital compliance, according to a Deloitte-ICC report.

CII urges govt to phase out fuel excise cut

CII urges govt to phase out fuel excise cut

Rediff.com11 May 2026

The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.

Indian-Origin Tech Leader Mangala Kuppa Named CIO of US Department of Labour

Indian-Origin Tech Leader Mangala Kuppa Named CIO of US Department of Labour

Rediff.com31 Mar 2026

Mangala Kuppa, an Indian-origin technology leader, has been appointed as the Chief Information Officer (CIO) of the US Department of Labour, after serving in an acting capacity since October. She also serves as the department's Chief Artificial Intelligence Officer.

Bharti Enterprises, Warburg Pincus to acquire 49% stake in Haier India

Bharti Enterprises, Warburg Pincus to acquire 49% stake in Haier India

Rediff.com25 Dec 2025

Sunil Bharti Mittal-led conglomerate Bharti Enterprises and private equity firm Warburg Pincus will collectively acquire a 49 per cent stake in Haier Appliances India, the local unit of China's Shandong-based Haier group, for an undisclosed amount. The transaction, according to industry sources, values the company at about 15,000 crore.

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Rediff.com12 May 2026

'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'