More than one million cybersecurity incidents were flagged within 10 days.
Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition from incumbents like Bajaj Auto and TVS.
Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
The plea claimed the blocking was effected by the intermediary pursuant to an undisclosed direction allegedly issued by the Centre citing vague grounds of "national security" and "public order".
After a sharp correction over the last few months, analysts seem to be turning cautiously optimistic on the information technology (IT) sector and suggest there could be trading opportunities in select counters despite revenue and growth concerns that still plague the sector. "IT stocks valuations have corrected 17 per cent-49 per cent and stock prices have corrected 9 - 42 per cent since mid-December 2021. Nifty IT index valuation has corrected by 27 per cent and price by 21 per cent. "About two quarters ago, we made a case that valuation drivers have peaked.
Shares of Tata Consultancy Services (TCS) declined after the information technology (IT) major reported a 1.3 per cent sequential drop in net profit for the March quarter, prompting several brokerages to cut their target prices. The TCS stock fell as much as 1.26 per cent during the day to Rs 3,205 per share.
The Bombay High Court criticized the Maharashtra government for arresting a 19-year-old student from Pune for her social media post on Indo-Pak hostilities, calling its reaction "radical." The court granted the student bail and said the state's actions were unwarranted and had turned a student into a criminal. The court also questioned the conduct of the college for rusticating the student, stating that an educational institution's approach should be to reform, not punish. The student had reposted a post on Instagram that criticized the Indian government for provoking a war against Pakistan, but she later deleted the post and apologized for her actions. The college, however, deemed the post to be anti-national and expelled the student. The court emphasized that mistakes are bound to happen, especially at a young age, and urged the college to focus on reforming students rather than punishing them.
A journalist in Mumbai has refused to take down videos of a Ram Navami procession that featured participants shouting profanities and making threats against Muslims. The journalist, Kunal Purohit, has asserted that he is only "documenting hate." Mumbai police have registered an FIR against three individuals for using a loudspeaker to play obscene songs during the procession.
Social media giant 'X' (formerly Twitter) has filed a lawsuit in the Karnataka High Court against the Government of India, challenging what it called unlawful content regulation and arbitrary censorship. The lawsuit argues that the government's use of Section 79(3)(b) of the Information Technology (IT) Act violates Supreme Court rulings and undermines free expression online. 'X' further claims that the government's Sahyog portal acts as a "censorship tool" that pressures platforms to remove content without proper legal review.
The US wants India to recognise internationally accredited labs, harmonise labelling requirements and the validity period of test reports and certification with global practices, and eliminate retesting requirements.
The Allahabad High Court has ruled that simply liking a social media post does not constitute publishing obscene material under Section 67 of the Information Technology Act. The court quashed criminal proceedings against a man who was accused of liking a post that led to a gathering of people. The court found that the man had merely liked a message and no offensive content was found on his social media accounts.
The Supreme Court of India has sought responses from the Centre and others on a petition challenging the blocking of the YouTube channel '4PM'. The petitioner, Sanjay Sharma, the Editor of the channel, alleges that the blocking order, issued by an intermediary based on an undisclosed direction from the Centre, violates his right to free speech and the public's right to information. The plea argues that the blocking was based on vague grounds of 'national security' and 'public order' without any opportunity to be heard. The court has issued notices to the Centre and others seeking their responses on the petition.
For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.
The Indian government has said that social media platform X will be held responsible for content generated by its artificial intelligence tool Grok. This comes after users on X asked Grok questions about Indian politicians and the AI platform responded with "unpalatable" answers. The government is currently in discussion with X to understand and assess how Grok works. The government has previously taken action against social media platforms for AI-generated content that has been deemed offensive. In this case, the government is considering holding X accountable for Grok's content, even though it is generated by an AI tool. The government's stance is likely to have implications for other social media platforms that use AI tools.
The accused, a post-graduate in commerce, who had also worked as a driver at Dubai airport, learnt the theft techniques from information available on social media platforms like YouTube and WhatsApp.
Majority of equity fund managers were able to squeeze in some extra returns over their benchmarks in 2024-25 (FY25). While some managed to do so by delivering outsized returns during the equity market rally in the first half of the year (H1FY25), others succeeded by limiting the downside during the market downturn.
Justice Yashwant Varma, embroiled in the cash discovery row following a fire at his residence, has been excluded from all administrative committees of the Delhi High Court. The committees were recently reconstituted, with all other judges, including the Chief Justice, included. Justice Varma was previously a member of several committees. His work was withdrawn following a directive from the Chief Justice of India, who has also ordered an in-house inquiry into the allegations.
PG Programmes in Information Technology & World Education Fellowship Conference 2004
Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.
In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.
Assets Worth Rs 40 Lakh Seized
Police have registered a case after a video surfaced on social media showing students offering namaz at a private university during Holi celebrations. The university administration has suspended a student and three security personnel involved in the incident, while local Hindu groups have demanded the arrest of those involved. The case has been filed under Bharatiya Nyaya Sanhita (BNS) Section 299 and relevant provisions of the Information Technology (Amendment) Act, 2008.
Professor Suvasish Mukhopadhyay has counselled thousands of students in his three-decade-long professional journey.
While IITs have a reputation of their own, companies like Google, Microsoft, Amazon and Adobe prefer IIITs over most NITs for software roles due to their specialised training, says rediffGURU Mayank Chandel.
'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.
Bharatiya Vidya Bhavan's S P Jain Institute of Management & Research invites applications for its one-year Post-graduate Diploma in Management and two-year Post-graduate Diploma in Systems Management-MIT
The Maharashtra Cyber division has issued a notice to the Wikimedia Foundation, the organization behind Wikipedia, demanding the removal of "objectionable" content related to Chhatrapati Sambhaji Maharaj from the online encyclopedia. The notice, issued under the Information Technology Act, claims the content is inaccurate and lacks proper references, potentially inciting communal hatred. The move follows recent claims by various organizations about the existence of defamatory information regarding Sambhaji Maharaj on Wikipedia, particularly in the wake of the Hindi film "Chhava", based on his life. The Maharashtra Cyber has directed the Wikimedia Foundation to remove the content promptly and prevent its re-uploading.
One of the six accused befriended the 20-year-old woman over Instagram months after she started attending a college in Palanpur in 2023.
The International Institute of Information Technology invites applications for its 18-month M S Programme in Advanced Information Technology.
Tata Consultancy Services (TCS), the country's largest player in information-technology (IT) export, has seen a sharp decline in its contribution to the Tata group's market capitalisation in recent years though it remains the most valuable company in the conglomerate. Its 44.8 per cent share in the combined market capitalisation of the listed Tata group companies is the lowest since March 2009 and is down sharply from the all-time high contribution of 74.4 per cent at the end of March 2020.
A student was arrested in Meerut, Uttar Pradesh, for allegedly offering namaz in an open area of a private university. The arrest followed protests by local Hindu groups over a video that surfaced showing a group of students offering namaz on the university campus during Holi celebrations. The university administration suspended the student and three security personnel and called for police action. A case was registered under the Bharatiya Nyaya Sanhita and the Information Technology Act.
Khan is seen putting pressure on women contestants to perform intimate acts on camera in the clip. The conversation also appears to make some of the participants uncomfortable with probing, personal questions bordering on the vulgar.
Computer science has been an evergreen choice among engineering aspirants. However, with the rise in AI, students are increasingly realising the potential of automation and robotics.
University of Mysore offers three degree programmes, including a Master's degree in Information Technology.
'Amaravati will be a game changer for Andhra Pradesh.'
India now has 284 billionaires, 13 more than last year, maintaining its position as the third-largest dollar-billionaire hub globally, after the US and China.
There remains a debate on who said this: "When the facts change, I change my mind. What do you do, Sir?" Was it the British economist John Maynard Keynes or the American economist Paul Samuelson. Irrespective of who said it, this sentiment appears to have found resonance in ITC's boardroom in recent years.
Some major contracts coming up for renewal include TCS' deals with Star Alliance, a consortium of airlines based in Germany, and Nielsen; Infosys' deals with GE Appliances and Daimler; HCLTech's with UK-based life insurer Chesnara; Wipro's with German electric utility company E.ON and Petrobras of Brazil; and Tech Mahindra's with Circle Health.
An hour-long disruption could affect around 40 million UPI transactions.
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