News for 'indian it industry'

India's New Steel Policy Aims for 600 MT Capacity, Decarbonisation by 2047

India's New Steel Policy Aims for 600 MT Capacity, Decarbonisation by 2047

Rediff.com30 Sep 2026

India's government is set to release its draft National Steel Policy for public consultation, aiming for over 600 million tonnes of steelmaking capacity and 500 million tonnes of consumption by 2047. The policy will also introduce a ~5,000-crore scheme to incentivise small steel producers for carbon emission reduction and address challenges like raw material availability and technological dependence.

Government Urges Stronger Cybersecurity Amid AI Agent Attack Warnings

Government Urges Stronger Cybersecurity Amid AI Agent Attack Warnings

Rediff.com16 Oct 2026

India's cybersecurity agency, CERT-In, has issued a critical advisory warning about autonomous AI agents accessing sensitive data of Indian organisations without authorisation. Government sources on Friday emphasised the need for companies to bolster cybersecurity measures and monitor system activity, noting that while no major compromise occurred, the incident serves as an early warning. Future AI regulation is expected to address the risks posed by these agents.

Jio Platforms IPO, Q2 Earnings, Crude Oil to Dictate Market Mood

Jio Platforms IPO, Q2 Earnings, Crude Oil to Dictate Market Mood

Rediff.com7 days ago

Investors are set to monitor quarterly earnings, crude oil prices, the Jio Platforms initial public offering, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.

Starlink Ready for India Launch, Awaits Final Go-Ahead

Starlink Ready for India Launch, Awaits Final Go-Ahead

Rediff.com8 Oct 2026

'We are ready to help Prime Minister Modi achieve his vision of 100 per cent connectivity throughout India -- a vision all of our company, including Elon, shares,' Lauren Dreyer, vice-president of Starlink business operations at SpaceX, said at the pre-business day of the India Mobile Congress in New Delhi.

Schaeffler India CEO Arrested Over Fatal Gas Leak Incident In Pune

Schaeffler India CEO Arrested Over Fatal Gas Leak Incident In Pune

Rediff.com4 days ago

Schaeffler India CEO Harsha Kadam has been arrested in connection with a fatal gas leak at the company's Pune facility in June, which resulted in the deaths of two workers. Kadam is the eighth person arrested in the case, facing charges including culpable homicide. The incident occurred during unauthorised maintenance work on a CO2 fire suppression system.

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Rediff.com3 days ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) has garnered bids worth Rs 3.73 lakh crore, achieving a subscription rate of 5.57 times the shares on offer, driven by robust institutional and anchor investor demand.

Isha Ambani On How A Failed Assignment Sparked Jio's Birth

Isha Ambani On How A Failed Assignment Sparked Jio's Birth

Rediff.com15 Oct 2026

Isha Ambani, a director on the board of Jio Platforms, revealed that a failed attempt to upload a college assignment in 2009-10 due to poor internet connectivity in Mumbai sparked the idea and subsequent conversations that led to the creation of Jio.

Mini Car Sales Surge 86% as India's Auto Market Rebounds

Mini Car Sales Surge 86% as India's Auto Market Rebounds

Rediff.com16 Oct 2026

India's entry-level passenger vehicle market is experiencing a significant recovery, with mini car wholesales surging 86.3 per cent year-on-year in the first half of FY27, driven by improved affordability and stronger overall demand.

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Rediff.com11 Sep 2026

Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.

India eyes 30 GW private nuclear capacity by 2047, Rs 7.5 lakh cr investment

India eyes 30 GW private nuclear capacity by 2047, Rs 7.5 lakh cr investment

Rediff.com11 Oct 2026

Atomic Energy Commission Chairman Ajit Kumar Mohanty announced that India's private sector is projected to invest Rs 7.5 lakh crore and contribute 30 GW towards the nation's goal of achieving 100 GW nuclear power capacity by 2047. This marks a significant policy shift, facilitated by the SHANTI Act, encouraging private participation in nuclear energy beyond the traditional public sector model. The country is also exploring Small Modular Reactors (SMRs) for industrial needs and advancing its three-stage nuclear power programme, leveraging its substantial thorium reserves.

Rubio's India Visit: The Russian Oil Factor

Rubio's India Visit: The Russian Oil Factor

Rediff.com7 days ago

US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude.

Hyundai to invest additional Rs 4,000 crore in Maharashtra, doubling Pune plant capacity

Hyundai to invest additional Rs 4,000 crore in Maharashtra, doubling Pune plant capacity

Rediff.com14 Oct 2026

Korean auto major Hyundai plans to invest an additional Rs 4,000 crore in Maharashtra by 2030, aiming to nearly double capacity at its new Pune manufacturing plant to 320,000 units per annum in a phased manner, a top company executive said.

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Rediff.com15 Oct 2026

Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.

Sensex, Nifty Rebound Over 1% on IT Surge, Easing Oil Prices

Sensex, Nifty Rebound Over 1% on IT Surge, Easing Oil Prices

Rediff.com9 Oct 2026

Indian benchmark indices, Sensex and Nifty, surged over 1 per cent, recovering from two days of losses, driven by a strong rally in IT stocks, particularly TCS, and a moderation in global crude oil prices.

WOMEN INTERRUPTED: Building Bridges For Women To Return To The Workplace

WOMEN INTERRUPTED: Building Bridges For Women To Return To The Workplace

Rediff.com7 Oct 2026

A career break does not erase the experience that came before it. But the labour market can act as though it does. The more women invest in building professional careers, the more costly an interruption can become. How, then, do we enable women to make a comeback? Whose responsibility is it? asks Radha Roy Biswas.

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.

IAF Showcases Air Power At Tarang Shakti

IAF Showcases Air Power At Tarang Shakti

Rediff.com8 Oct 2026

Glimpses of Indian Air Force aircraft flying in formation during Exercise Tarang Shakti 2026 in Jodhpur on Wednesday, October 7, 2026.

Why Anthropic's Claude AI Is Now Processing Data Within India

Why Anthropic's Claude AI Is Now Processing Data Within India

Rediff.com5 Oct 2026

Artificial intelligence major Anthropic has launched AI inference capabilities in India through Amazon Bedrock, allowing its Claude AI models to process data within the country's jurisdiction. This strategic move addresses the growing demand from Indian entities, particularly in regulated sectors, for compliance with local data processing norms as per the Digital Personal Data Protection Act. The initiative strengthens Anthropic's commitment to the Indian market, enabling secure and compliant AI deployment for sensitive workloads and fostering trust among major enterprises like Reliance, CRED, and NPCI.

Is India-US Trade Deal Near The Finish Line?

Is India-US Trade Deal Near The Finish Line?

Rediff.com15 Oct 2026

Marco Rubio will visit Mumbai and Jamnagar to discuss energy cooperation as S Jaishankar says India-US trade talks are nearing a landing point, with a few issues unresolved.

How LTTS' New AI Lab Is Revolutionising Digital Manufacturing

How LTTS' New AI Lab Is Revolutionising Digital Manufacturing

Rediff.com12 Oct 2026

L&T Technology Services (LTTS) has inaugurated an NVIDIA-powered Engineering Intelligence (EI) lab in Bengaluru, designed to showcase AI-native manufacturing, digital twins, and autonomous systems. The facility offers clients a comprehensive view of the manufacturing journey, from virtual validation to autonomous operations, and plans to expand to the US.

Angh: The Other Indian Film Going To The Oscars

Angh: The Other Indian Film Going To The Oscars

Rediff.com23 Sep 2026

'I like to make films where I am also conflicted. I don't want to make films with themes that I am sure about because then it easily becomes agenda-driven.'

Salman Warns Varun; Shahid-Kareena Hug

Salman Warns Varun; Shahid-Kareena Hug

Rediff.com3 days ago

From Salman Khan's cheeky advice to Varun Dhawan to Kareena Kapoor Khan and Shahid Kapoor's reunion, the IIFA announcement in Mumbai was a starry affair.

India Faces Massive AI Talent Shortage By 2026

India Faces Massive AI Talent Shortage By 2026

Rediff.com9 Oct 2026

A new report by BinQle indicates India will face a significant demand-supply gap of artificial intelligence professionals by 2026, requiring 1.4 million AI experts against an available pool of 400,000. This shortage could hinder growth for enterprises and GCCs, driving up salaries and necessitating continuous reskilling and strategic talent development.

Abu Dhabi Targets Indian Tourists

Abu Dhabi Targets Indian Tourists

Rediff.com28 Aug 2026

'India was the emirate's largest international source market by hotel guest volume.'

Why was Tiger Shroff targeted? Salman Khan link emerges in audio clip

Why was Tiger Shroff targeted? Salman Khan link emerges in audio clip

Rediff.com6 days ago

Three individuals were arrested in Kota for allegedly firing at actor Tiger Shroff's car in Mumbai. The incident, which injured Shroff's driver and a bystander, is being investigated for links to the Lawrence Bishnoi gang, which purportedly claimed responsibility due to Shroff's alleged association with Salman Khan. Maharashtra CM Devendra Fadnavis confirmed the arrests and vowed strict action.

Want To Personalise Your Luxury Car?

Want To Personalise Your Luxury Car?

Rediff.com4 days ago

Luxury car buyers in India are spending lakhs -- and sometimes crores -- to make their cars truly their own, turning personalisation into a growing business opportunity for automakers.

CEA Calls For Industry Investment In Skilling, Innovation For GCCs

CEA Calls For Industry Investment In Skilling, Innovation For GCCs

Rediff.com9 Jul 2026

Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.

India To Unveil AI Regulation Paper Soon

India To Unveil AI Regulation Paper Soon

Rediff.com8 Oct 2026

IT Minister Ashwini Vaishnaw announced that the Indian government will release a consultation paper on AI regulations within a month. This framework will address critical aspects like AI safety, deepfakes, and a human-first approach, emphasising the industry's primary responsibility in ensuring safe AI deployment. The move comes amidst growing global concerns over AI risks and the need for robust safeguards.

India's Exports Jump 23% to $44.4 Billion in September, Trade Deficit Shrinks

India's Exports Jump 23% to $44.4 Billion in September, Trade Deficit Shrinks

Rediff.com15 Oct 2026

India's exports saw a significant 23 per cent increase, reaching USD 44.4 billion in September, while the trade deficit narrowed to USD 30.21 billion, according to recent government data.

Hyundai Bets $15.5 Billion on India, Plans 26 Models

Hyundai Bets $15.5 Billion on India, Plans 26 Models

Rediff.com14 Oct 2026

India remains one of the Hyundai Motor group's most important and strategic markets globally. The initiative positions India as a strategic core market for the group's growth, emerging market expansion, and next-generation automotive innovation.

What Sunil Mittal said on Musk's Starlink satellite's internet approval in India

What Sunil Mittal said on Musk's Starlink satellite's internet approval in India

Rediff.com14 Oct 2026

Bharti Airtel Chairman Sunil Bharti Mittal stated that his satcom venture, Eutelsat OneWeb, is 'significantly ahead' of Elon Musk's Starlink in the Indian satcom queue, having applied for a licence five years ago, and expressed a desire to receive regulatory approval before Starlink.

Kuwait To Host First Asian Esports And Mind Sports Games In 2027

Kuwait To Host First Asian Esports And Mind Sports Games In 2027

Rediff.com8 Oct 2026

The Olympic Council of Asia has signed a contract with Kuwait to host the inaugural Asian Esports and Mind Sports Games in 2027. This new continental event is expected to feature around 4,000 athletes, with discussions ongoing for the Philippines to host the second edition in 2029. Esports has evolved from a demonstration event to an official medal sport at the Asian Games, and this dedicated event offers Indian players more opportunities.

Why India Needs A Unique AI Safety Framework

Why India Needs A Unique AI Safety Framework

Rediff.com4 Oct 2026

Industry experts advocate for India to develop its own artificial intelligence (AI) safety framework, distinct from US or EU models, to address unique challenges like deepfakes and cyberattacks. They call for a comprehensive commitment involving all stakeholders and a hybrid regulatory approach combining voluntary and binding measures, as the Indian government also considers new AI regulations.

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Rediff.com26 Aug 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.

TCS Q2 results spark market rebound after two-day decline

TCS Q2 results spark market rebound after two-day decline

Rediff.com9 Oct 2026

Indian benchmark indices Sensex and Nifty saw a rebound in early trade, primarily driven by a more than 4 per cent surge in Tata Consultancy Services (TCS) shares following its robust Q2 net profit announcement. Track Sensex, nifty on October 9.

Is Ambani real boss of India, asks Musk; Rahul replies...

Is Ambani real boss of India, asks Musk; Rahul replies...

Rediff.com9 Oct 2026

Elon Musk questioned if Mukesh Ambani is India's "real boss" amidst Starlink's licensing issues, drawing a cryptic response from Rahul Gandhi. The Indian government clarified that security assessments are pending for all satcom licensees, not just Starlink, and the delay is due to the Ministry of Home Affairs.

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Rediff.com6 Jul 2026

India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).

Adani And Jabil Partner To Manufacture AI And Data Centre Equipment In India

Adani And Jabil Partner To Manufacture AI And Data Centre Equipment In India

Rediff.com13 Oct 2026

Adani Enterprises and US-based Jabil have signed a non-binding agreement to establish a 50:50 joint venture in India. This JV will manufacture artificial intelligence and data centre equipment, including AI racks, servers, storage, networking gear, and cooling systems, targeting both Indian and global markets. The collaboration aims to capitalise on India's accelerating data centre demand and the surging global investment in AI compute infrastructure.

Stock Markets Today: Sensex, Nifty Fall as Crude Oil Prices Surge, Foreign Funds Exit

Stock Markets Today: Sensex, Nifty Fall as Crude Oil Prices Surge, Foreign Funds Exit

Rediff.com29 Sep 2026

Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, primarily driven by elevated crude oil prices due to ongoing West Asia uncertainty and substantial foreign fund outflows. Track Sensex, Nifty on September 29.

Elon Musk: Starlink services in India must be affordable, slams 'de facto monopoly'

Elon Musk: Starlink services in India must be affordable, slams 'de facto monopoly'

Rediff.com13 Oct 2026

Elon Musk, CEO of SpaceX, stated that Starlink's services in India must be affordable for widespread adoption and that competition would benefit consumers, despite potentially reducing Reliance Jio's profits. He criticised Reliance Jio as a 'de facto monopoly' in India, alleging that certain business conglomerates were blocking Starlink's entry.