News for 'information-technology'

'No Derating Due To Coalition Govt'

'No Derating Due To Coalition Govt'

Rediff.com27 Jun 2024

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'

Will Nirmalaji Cheer The Markets?

Will Nirmalaji Cheer The Markets?

Rediff.com17 Jul 2024

'We are confident that over the next few years the government will strike a fine balance between populist measures and growth, and manage coalition partners well.'

SBI to hire over 15,000 in FY25 to boost operations, expand network

SBI to hire over 15,000 in FY25 to boost operations, expand network

Rediff.com13 May 2024

State Bank of India (SBI) is planning to recruit over 15,000 people in 2024-25, increasing the strength of those in the field for marketing. The recruits will be also for deployment in the bank's operations subsidiary and expanding the branch network. The operations subsidiary - State Bank Operations Support Services - became functional last year.

What India Inc Expects From Modi 3.0

What India Inc Expects From Modi 3.0

Rediff.com7 Jun 2024

'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'

X user booked over deepfake video of Ranveer Singh

X user booked over deepfake video of Ranveer Singh

Rediff.com24 Apr 2024

Ranveer Singh never said this, and he does not have any relation with any political party, his father said in the complaint.

UP: 6 arrested for 'leaking' exam paper to recruit review officers

UP: 6 arrested for 'leaking' exam paper to recruit review officers

Rediff.com24 Jun 2024

The state government cancelled the exam on March 2, following reports that the paper was leaked.

Junaid's Debut On Hold Because...

Junaid's Debut On Hold Because...

Rediff.com14 Jun 2024

The Gujarat high court has stayed the release of Maharaj, Aamir Khan's son Junaid's debut film, on Netflix after followers of Pushtimarg, a Vaishnava sect of Hinduism, claimed that it would hurt their religious sentiments.

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Rediff.com11 Jun 2024

Nasdaq-listed Cognizant Technology Solutions has signed a definitive agreement to acquire global engineering company Belcan for about $1.3 billion (Rs 10,853.7 crore) in cash and stock. The transaction is expected to close in the September quarter. The total consideration includes $1.19 billion (Rs 9,935.31 crore) in cash and 1.47 million Cognizant shares, valued at $97 million (Rs 809.53 crore) based on the information technology services provider's closing share price on June 7, 2024.

What Smriti, Anurag Thakur said after omission from Modi 3.0

What Smriti, Anurag Thakur said after omission from Modi 3.0

Rediff.com10 Jun 2024

Rajeev Chandrasekhar said in a post on X that his 18-year-long stint in public service has come to an end.

MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

Rediff.com19 Jul 2024

Airports across the country witnessed chaotic scenes on Friday after dozens of flights were either delayed or cancelled after a widespread global computer outage that also hit operations like cash withdrawal at some banks, and impacted functioning of some brokerages. Globally, the Microsoft cloud outage led to US airlines cancelling flights, but the tech giant later reportedly said its cloud services outage in the Central US region has been resolved.

Full list: Modi's New Ministers And Their Portfolios

Full list: Modi's New Ministers And Their Portfolios

Rediff.com10 Jun 2024

Here is the complete list of ministers in Modi 3.0 and their portfolios:

India Won't See A Changed Modi!

India Won't See A Changed Modi!

Rediff.com23 Jul 2024

For now, Modi's government appears singularly focussed on demonstrating that it is not in any way inhibited by the BJP's loss of a majority, and will continue along its patented path of bulldozing all opposition and doing just as it likes, asserts Prem Panicker.

'Draft infra norms good for industry'

'Draft infra norms good for industry'

Rediff.com29 May 2024

'Probably revised guidelines will come, and then the real picture will emerge.'

Auto, BFSI dominated Q4 earnings circuit

Auto, BFSI dominated Q4 earnings circuit

Rediff.com25 Jun 2024

Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.

Chandrababu Naidu Logs Back In Andhra Pradesh

Chandrababu Naidu Logs Back In Andhra Pradesh

Rediff.com5 Jun 2024

Chandrababu Naidu's victory comes barely eight months after his political career seemingly crashed in September 2023 when the YSRCP government arrested him in an alleged corruption case.

Modi's top 4 retain portfolios; Nadda gets health, Shivraj agri

Modi's top 4 retain portfolios; Nadda gets health, Shivraj agri

Rediff.com10 Jun 2024

Among the new entrants to the Union cabinet, former Madhya Pradesh chief minister Shivraj Singh Chouhan has been given the agriculture and rural development portfolios, Bharatiya Janata Party president J P Nadda the health portfolio and former Haryana chief minister Manohar Lal Khattar the power portfolio.

Govt may hike local content requirement

Govt may hike local content requirement

Rediff.com20 May 2024

The government is planning to tweak its procurement policy to give a fillip to domestic manufacturing. The industry department has floated a proposal to raise the minimum local content requirement for public procurement for Class-I and -II suppliers from 50 per cent currently to 70 per cent, and 20 per cent as of now to 50 per cent, respectively.

Why You Must Review Mid-Year Finances

Why You Must Review Mid-Year Finances

Rediff.com9 Jul 2024

'A mid-year review makes the end-of-year financial review manageable and less stressful.'

Law To Govern AI Coming Soon!

Law To Govern AI Coming Soon!

Rediff.com29 Apr 2024

'The focus of the legislation will be to minimise user harm and increase the accountability of platforms, while also promoting innovation.'

IT Freshers: Worst Hiring In 20 Years!

IT Freshers: Worst Hiring In 20 Years!

Rediff.com25 Jun 2024

'The top five IT giants are not hiring, but most of the freshers want to start their careers with the top five IT firms.' 'In today's scenario this is a challenge.'

Siddaramaiah Goes Backfoot On Local Quota Bill

Siddaramaiah Goes Backfoot On Local Quota Bill

Rediff.com18 Jul 2024

Sources within the Congress, including those who have been members of the teams that drafted its 2019 and 2024 Lok Sabha poll manifestos, said the Karnataka government decision lacked any empirical basis.

HC restrains misuse of actor Jackie Shroff's name, voice without consent

HC restrains misuse of actor Jackie Shroff's name, voice without consent

Rediff.com18 May 2024

The court said Shroff is a celebrity and this status inherently grants him certain rights over his personality and associated attributes.

Bombay HC refuses to stay formation of govt fact-checking unit

Bombay HC refuses to stay formation of govt fact-checking unit

Rediff.com11 Mar 2024

The Bombay high court on Monday refused to grant an interim stay on setting up a fact-checking unit (FCU) under the recently amended Information Technology (IT) Rules to identify fake and false content on social media against the government, noting that no grave and irreparable loss would be caused.

Cong 'assassinating' Kangana's character: BJP moves EC

Cong 'assassinating' Kangana's character: BJP moves EC

Rediff.com21 Apr 2024

The Himachal Pradesh Bharatiya Janata Party Sunday filed a complaint against the Congress and the Hamirpur Youth Congress Club for allegedly portraying actor and BJP Lok Sabha candidate from Mandi, Kangana Ranaut, in a negative light by using pictures from her films.

Bengaluru blast suspect changed clothes, travelled by bus

Bengaluru blast suspect changed clothes, travelled by bus

Rediff.com7 Mar 2024

Karnataka Home Minister G Parameshwara on Thursday said sleuths investigating into the blast at Bengaluru's popular eatery 'The Rameshwaram Cafe' last week have got certain 'good leads', as the prime suspect changed his clothes after the incident, and travelled by a bus.

Crypto firms bank on fair play as Binance logs into FIU-IND

Crypto firms bank on fair play as Binance logs into FIU-IND

Rediff.com20 May 2024

The regulatory gap between crypto firms registered with the Financial Intelligence Unit-India (FIU-India) and unregistered offshore entities is expected to narrow, industry players said, after global crypto players Binance and KuCoin received approvals to register with India's anti-money laundering unit.

Campus Placements At IITs Getting Tough

Campus Placements At IITs Getting Tough

Rediff.com8 Jul 2024

Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

We Missed Industrial Revolution

We Missed Industrial Revolution

Rediff.com12 Jun 2024

Is India headed there again? questions Ajit Balakrishnan

Maulvi arrested in Guj over plot to kill Hindu leader

Maulvi arrested in Guj over plot to kill Hindu leader

Rediff.com4 May 2024

Surat police commissioner Anupam Singh Gehlot identified the arrested accused as Maulvi Sohel Abubakr Timol (27), who worked at a thread factory as a manager and offered private tuition on Islam to Muslim children.

Apple Sales In India Up to 67,000 Cr

Apple Sales In India Up to 67,000 Cr

Rediff.com16 Jul 2024

Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.

Why Did Naidu Meet Modi?

Why Did Naidu Meet Modi?

Rediff.com5 Jul 2024

According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.

'Next few months are likely to see increased volatility'

'Next few months are likely to see increased volatility'

Rediff.com22 Feb 2024

'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'

How APAAR ID Can Benefit Students

How APAAR ID Can Benefit Students

Rediff.com29 Apr 2024

DigiLocker, a government initiative for storing documents and verifying credentials online, is gradually replacing the need for paper.

'86% executives using AI to boost revenue'

'86% executives using AI to boost revenue'

Rediff.com16 May 2024

As many as 86 per cent of senior business executives have deployed artificial intelligence (AI) to enhance revenue streams or create new ones, said a report by Tata Consultancy Services (TCS) on Wednesday. As many as 69 per cent of businesses are more focused on using AI for innovation and increasing revenue than on improving productivity and optimising cost, said the 'TCS AI for Business Study'.

Despite Losing Murugan Becomes Minister

Despite Losing Murugan Becomes Minister

Rediff.com10 Jun 2024

FHe is the only one among 17 ministers from the outgoing council of ministers who lost the Lok Sabha polls to be reappointed minister.

Early bird top line growth fastest in four quarters

Early bird top line growth fastest in four quarters

Rediff.com6 May 2024

The revenue growth of early birds or companies that have declared their Q4FY24 (March quarter) numbers is the highest in the last four quarters. The 178 companies (excluding their listed subsidiaries) that declared their results have reported a sales growth rate of 13.2 per cent year-on-year (Y-o-Y), taking aggregate revenue to Rs 9.1 trillion. Including other income, growth is at 16 per cent, the highest in the last four quarters.

Govt warns social media platforms over deepfake issue

Govt warns social media platforms over deepfake issue

Rediff.com18 Nov 2023

Vaishnaw told reporters that the government had recently issued a notice to companies on the deepfake issue, and the platforms responded, but added that the firms will have to be more aggressive in taking action on such content.

Kotak Mahindra Bank's loan, deposit growth may be impacted after RBI curbs

Kotak Mahindra Bank's loan, deposit growth may be impacted after RBI curbs

Rediff.com26 Apr 2024

Kotak Mahindra Bank's loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the bank's online and mobile banking channels and not to issue any new credit cards, according to analysts. The bank's share price fell 10.85 per cent on Thursday to close the day at Rs 1,643 on the BSE. The RBI's action came after market hours on Wednesday.

'Sharia Was Used To Deny Alimony'

'Sharia Was Used To Deny Alimony'

Rediff.com11 Jul 2024

'Who has seen what Sharia is? Who knows what actual Sharia is?'