News for 'indian it industry'

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Rediff.com23 Aug 2026

The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.

Three Business Dailies Set to Launch

Three Business Dailies Set to Launch

Rediff.com22 Aug 2026

The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.

IIT Madras Breakthrough: Chemical-Free Surface Fights Superbugs

IIT Madras Breakthrough: Chemical-Free Surface Fights Superbugs

Rediff.com6 Sep 2026

Researchers at IIT Madras have patented a chemical-free antibacterial surface that physically eliminates harmful bacteria, including "superbugs," without relying on antibiotics or disinfectants. This innovative technology uses specially engineered nanostructures to rupture bacterial cell walls, offering a sustainable solution to Antimicrobial Resistance (AMR) for biomedical and public health applications.

Hospitals Oppose Room Rate Cap

Hospitals Oppose Room Rate Cap

Rediff.com27 Aug 2026

'Indian private sector hospitals provide quality healthcare at a fraction of the global cost.'

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Rediff.com11 Sep 2026

State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.

Mirzapur OTT Series Explained Before You Watch The Movie

Mirzapur OTT Series Explained Before You Watch The Movie

Rediff.com3 Sep 2026

Dive into the gritty world of Mirzapur, as we explore its pivotal characters, intricate plotlines, and the ruthless power struggles that define this popular Indian crime saga ahead of its anticipated feature film.

How UPI Rewired India's Money Story

How UPI Rewired India's Money Story

Rediff.com17 Sep 2026

Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.

JAKSON Group Names Ivan Saha As Managing Director For Solar Business

JAKSON Group Names Ivan Saha As Managing Director For Solar Business

Rediff.com27 Aug 2026

JAKSON Group has appointed Ivan Saha as the Managing Director of its integrated Solar Manufacturing business. Saha, with over 31 years of experience in the semiconductor, solar, and sustainable energy sectors, will oversee technology, operations, and business growth, supporting JAKSON's expansion and backward integration plans in the solar value chain.

JK Tyre signs 11-year-old karting sensation Atiqa Mir

JK Tyre signs 11-year-old karting sensation Atiqa Mir

Rediff.com27 Aug 2026

JK Tyre has announced its sponsorship of 11-year-old karting sensation Atiqa Mir, a move that reinforces the company's commitment to fostering young motorsport talent in India and supporting women's participation in the sport.

Carmakers ramp up production for festive season, but high base and inventory risks loom

Carmakers ramp up production for festive season, but high base and inventory risks loom

Rediff.com22 Aug 2026

Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.

'After 6 Months, NSE Scrip Will Have 100% Free Float'

'After 6 Months, NSE Scrip Will Have 100% Free Float'

Rediff.com12 Sep 2026

'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'

What Will Modi-Putin Discuss?

What Will Modi-Putin Discuss?

Rediff.com11 Sep 2026

One of the important topics of discussion between the two leaders is expected to be the Northern Sea Route and the Chennai-Vladivostok Maritime Corridor.

FY28 Budget Work Starts Early

FY28 Budget Work Starts Early

Rediff.com5 Sep 2026

The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.

Tata Advanced Systems To Co-Produce Javelin Missiles

Tata Advanced Systems To Co-Produce Javelin Missiles

Rediff.com1 Sep 2026

The proposed arrangement would involve sub-assembly kits produced at Lockheed Martin's facility in Troy, Alabama, and guidance electronics units manufactured at Raytheon's facility in Tucson, Arizona, being shipped to India for final assembly and integration.

'Nobody Looks At Clothes As Waste'

'Nobody Looks At Clothes As Waste'

Rediff.com11 Sep 2026

'You can't be selfish when you're thinking about nature. It has to be good karma.' 'If we prevent textile waste from going to the landfills, it's good karma.'

BRICS 2026: India's Chance To Make Diplomatic Gains

BRICS 2026: India's Chance To Make Diplomatic Gains

Rediff.com12 Sep 2026

For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 Sep 2026

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

Indian Pharma Bets Beyond US Generics

Indian Pharma Bets Beyond US Generics

Rediff.com26 Jun 2026

Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.

Seminar Celebrates Acharya P C Ray's Legacy In Pharmaceutical Sciences

Seminar Celebrates Acharya P C Ray's Legacy In Pharmaceutical Sciences

Rediff.com28 Aug 2026

A seminar in New Delhi commemorated Acharya Prafulla Chandra Ray's birth anniversary, focusing on his significant contributions to pharmaceutical sciences and his vision for indigenous research and self-reliance. Organised by DPSRU and VIBHA, the event highlighted Ray's pioneering efforts in "Swadeshi science" and his role in establishing India's pharmaceutical industry.

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Rediff.com15 May 2026

The Indian government's decision to ban sugar exports until September 30 has drawn sharp criticism from the sugar industry and farmer leaders, who fear long-term negative impacts despite the stated aim of controlling domestic prices and ensuring availability.

'Eknath Shinde Was Extremely Aggressive'

'Eknath Shinde Was Extremely Aggressive'

Rediff.com20 Aug 2026

'I've seen a lot of meetings over the years, but this was the first time I've seen the deputy chief minister and the industries minister sit through something like this with 200 to 300 industrialists, local residents and politicians from both the ruling side and Opposition, all in the same room.'

Five killed, 558 missing in flash floods in Tibet's Gyirong: China

Five killed, 558 missing in flash floods in Tibet's Gyirong: China

Rediff.com28 Aug 2026

Flash floods in Tibet's Gyirong County, near the China-Nepal border, have resulted in five deaths and 558 missing individuals, including 260 foreign nationals. The disaster also caused significant casualties in Nepal and disrupted infrastructure. Rescue operations are underway, and concerns are rising over a newly formed barrier lake that poses a risk of further flooding.

Can TCS Survive Chandra's Exit?

Can TCS Survive Chandra's Exit?

Rediff.com24 Aug 2026

N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.

India's Trade Deficit with BRICS Nations Surges to $226.1 Billion

India's Trade Deficit with BRICS Nations Surges to $226.1 Billion

Rediff.com9 Sep 2026

India's total goods trade with BRICS nations more than doubled from FY21 to FY26, reaching USD 417.5 billion, but a significant surge in imports, particularly from China and Russia, has caused India's trade deficit with the bloc to more than triple, reaching USD 226.1 billion.

Gulf tensions drive NRI luxury home investments back to India

Gulf tensions drive NRI luxury home investments back to India

Rediff.com2 Sep 2026

Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Rediff.com28 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Rediff.com28 May 2026

The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.

Premiumisation to fuel 8-11% residential sales value growth in top 7 cities by FY27: Icra

Premiumisation to fuel 8-11% residential sales value growth in top 7 cities by FY27: Icra

Rediff.com27 Aug 2026

Icra predicts that the top seven Indian cities will see an 8-11 per cent year-on-year growth in housing sales value by FY27, reaching approximately 7.9 trillion, primarily driven by the ongoing trend of premiumisation and a favourable product mix.

Sanjay Dutt, Preity Zinta, Nia Sharma Celebrate Raksha Bandhan

Sanjay Dutt, Preity Zinta, Nia Sharma Celebrate Raksha Bandhan

Rediff.com28 Aug 2026

Bollywood stars take to social media to share heartwarming pictures and celebrate Raksha Bandhan with their beloved siblings.

Mumbai firm get Nadcap nod, boosts aircraft component sourcing from India

Mumbai firm get Nadcap nod, boosts aircraft component sourcing from India

Rediff.com25 Aug 2026

Mumbai-based TCR Engineering Services has become the first independent company in India to receive Nadcap accreditation for materials testing at its Navi Mumbai and Vadodara laboratories, a crucial step for Indian suppliers to enter the global aerospace supply chain.

India's 13-Tonne Helicopter Gets Engine Boost

India's 13-Tonne Helicopter Gets Engine Boost

Rediff.com27 Aug 2026

'The Aravalli engine will power HAL's upcoming 13-tonne Indian Multi-Role Helicopter and its naval variant, the Deck-Based Multi-Role Helicopter.'

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Rediff.com11 Sep 2026

Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.

Nagarmal Bajoria, man who contested around 300 elections, dies at 97

Nagarmal Bajoria, man who contested around 300 elections, dies at 97

Rediff.com4 Sep 2026

Nagarmal Bajoria, a 97-year-old Bihar businessman known as "dharti pakad" for contesting nearly 300 elections, has passed away. A Partition refugee, Bajoria challenged prominent leaders including Indira Gandhi and Atal Bihari Vajpayee, aiming to raise public awareness about the electoral process rather than seeking power. His unique campaign style and unwavering spirit left a lasting impression.

We are ready to give up reservations if...: Athawale

We are ready to give up reservations if...: Athawale

Rediff.com9 Sep 2026

Union Minister Ramdas Athawale stated that opposing reservation is unconstitutional and that the policy would be given up if casteism is eliminated. He highlighted the historical context of reservations for SC/ST and OBCs, and the Modi government's EWS quota. Athawale also criticised the opposition, praised government achievements, and discussed various welfare schemes and infrastructure projects in Chhattisgarh.

'Malicious speculation': China denies Tibet projects linked to Nepal floods

'Malicious speculation': China denies Tibet projects linked to Nepal floods

Rediff.com31 Aug 2026

China on Monday dismissed claims linking its massive hydropower projects in Tibet to the August 26 flash flood disaster in Nepal, calling them "malicious speculation".

Adobe Appoints Anil Chakravarthy As New CEO, Shantanu Narayen Becomes Executive Chair

Adobe Appoints Anil Chakravarthy As New CEO, Shantanu Narayen Becomes Executive Chair

Rediff.com4 Sep 2026

Adobe has announced Anil Chakravarthy as its new president and CEO, succeeding Shantanu Narayen, who will transition to executive chair. Chakravarthy, an alumnus of Banaras Hindu University and IIT, will assume the role on December 1, leading the company into an AI-driven era.

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Rediff.com10 Jul 2026

Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.

How India Can Achieve A USD 55 Trillion Economy By 2047

How India Can Achieve A USD 55 Trillion Economy By 2047

Rediff.com25 Aug 2026

Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.

India scraps physical boarding passes for international flyers

India scraps physical boarding passes for international flyers

Rediff.com22 Aug 2026

Indian immigration authorities are eliminating the mandatory physical stamping of boarding passes for international travellers from September 1, allowing e-boarding passes on smartphones for clearance. This move by the Bureau of Immigration aims to reduce passenger inconvenience and errors, with physical passes still accepted but not stamped. A pilot project for digital immigration entry/exit for Indian passport holders is also underway.

Apple's iPhone 18 Series, Foldable Duo See Significant Price Hikes in India

Apple's iPhone 18 Series, Foldable Duo See Significant Price Hikes in India

Rediff.com11 Sep 2026

Apple's upcoming iPhone 18 lineup is set to cost 20 to 43 per cent more in India, primarily due to rising global memory component costs and a depreciating rupee, while the new foldable iPhone Duo will be priced between Rs 3 lakh and Rs 4.5 lakh, matching the cost of some hatchback cars.