News for 'information-technology'

Atiq's killing: Attackers came with media IDs, cameras, mics

Atiq's killing: Attackers came with media IDs, cameras, mics

Rediff.com16 Apr 2023

The three assailants who killed gangster-politician Atiq Ahmad and his brother Ashraf posed as journalists, carrying video cameras, mics and media identity cards, the Uttar Pradesh Police said on Sunday.

New data protection bill to be introduced in monsoon session, govt tells SC

New data protection bill to be introduced in monsoon session, govt tells SC

Rediff.com11 Apr 2023

The Centre told the Supreme Court on Tuesday a new data protection bill is ready and will be introduced in the monsoon session of Parliament in July, as the apex court heard a matter related to privacy concerns of social media users.

'Investors, prefer flexi cap schemes'

'Investors, prefer flexi cap schemes'

Rediff.com2 Jun 2023

'Small cap funds do have their own merits and they make sense when the investor has a longer investment horizon.'

Twitter is being defiant of our laws, govt tells Karnataka HC

Twitter is being defiant of our laws, govt tells Karnataka HC

Rediff.com2 Sep 2022

The ministry of electronics and information technology (MeitY) in its 101-page statement of objections before the Karnataka high court has termed the microblogging platform Twitter of being defiant to the laws of the land.

Govt orders ISPs to block 67 pornographic websites following court orders

Govt orders ISPs to block 67 pornographic websites following court orders

Rediff.com29 Sep 2022

The government has ordered internet companies to block 67 pornographic websites following court orders and for violating the new IT rules that were issued in 2021.

Leaked CoWIN data is from past breach, no direct theft, claims govt

Leaked CoWIN data is from past breach, no direct theft, claims govt

Rediff.com12 Jun 2023

While asserting that the CoWIN portal is completely safe with adequate safeguards for data privacy, it said an internal exercise has been initiated to review the existing security measures of CoWIN.

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Rediff.com30 May 2023

The domestic benchmark indices - the S&P BSE Sensex and the National Stock Exchange Nifty50 - had lost close to 1.5 per cent in three days recently before gaining slightly. Notwithstanding weakness and volatility, the Nifty50 has managed to hold on to the 18,000 mark, while the Sensex has managed to stay above the 61,000 level. The performance of the stocks that comprise these front-line indices remains polarised.

Companies see slowdown in growth of temporary, contract and casual jobs

Companies see slowdown in growth of temporary, contract and casual jobs

Rediff.com27 Oct 2022

Some of India's largest companies have seen a slowdown in the growth of temporary, contract and casual jobs, as compared to the increase in their total workforce. The absolute number of such jobs is up 30 per cent between financial year 2017-18 and 2021-22 (FY18-22), shows an analysis of data collated from the annual reports of S&P BSE 100 companies. Forty-eight firms were considered for the final analysis based on the availability of uniform data across the last five years. In comparison, the total workforce numbers are up 36 per cent in the same period.

Rs 1.25 lakh cr black money confiscated by Modi govt: Ashwini Vaishnaw

Rs 1.25 lakh cr black money confiscated by Modi govt: Ashwini Vaishnaw

Rediff.com12 Dec 2022

Black money to the tune of "Rs 1.25 lakh crore" has been confiscated by the Modi government, Union Minister Ashwini Vaishnaw said on Monday and asserted transparency is a key aspect of the present dispensation's good governance model. The minister for railways said similarly, to ensure transparency, benami properties worth Rs 4,300 crore were attached and registration of 1.75 lakh companies cancelled. Talking to reporters at the Rail Bhawan, Vaishnaw said in his long public service, Prime Minister Narendra Modi has "perfected a model of good governance that started in Gujarat".

No media or govt agency has right to peep into private lives of citizens: HC

No media or govt agency has right to peep into private lives of citizens: HC

Rediff.com20 Mar 2023

It said that it was "disheartening" to see that some news channels "are in the habit of publishing sleaze more than news."

'We can't leave such complex and innumerable operations to humans'

'We can't leave such complex and innumerable operations to humans'

Rediff.com8 Jun 2023

'When I talk to my colleagues in the Railways, they say 'aadmi toh bohot hai, lekin matlab ka aadmi ek bhi nahi hai (the Railways has a bloated workforce, but doesn't have employees with have the skillsets that matter)'.'

Centre bans 138 betting apps, 94 illegal loan apps with Chinese links

Centre bans 138 betting apps, 94 illegal loan apps with Chinese links

Rediff.com5 Feb 2023

As per sources, the MHA recommended the MeitY this week to ban and block these apps, and the ministry subsequently initiated the process as per communication.

Was Narasimha Rao India's Best Prime Minister?

Was Narasimha Rao India's Best Prime Minister?

Rediff.com22 Aug 2023

'He told senior journalists a few days after the Babri Masjid demolition, 'Jo hua theek hua. Maine isliye hone diya ki BJP ki rajniti hamesha ke liye khatam ho jaye.'

Nude photograph was morphed, Ranveer Singh tells cops

Nude photograph was morphed, Ranveer Singh tells cops

Rediff.com15 Sep 2022

The actor also maintained that the photos which he had shared were not obscene as he was wearing underwear.

'The group has quality physical assets'

'The group has quality physical assets'

Rediff.com15 Jun 2023

'If there is any reason to change my holding in Adani group stocks, the Hindenburg report on the group is not the one.'

IT Campus Hires May Be At 70% of Pre-Covid Levels

IT Campus Hires May Be At 70% of Pre-Covid Levels

Rediff.com5 May 2023

The hiring scenario is for the batch that passes out in 2024. These are graduates who will be impacted, given 2022 graduates are not fully absorbed and 2023 onboarding still incomplete.

New PIL in SC challenges Centre's blocking of BBC's Modi docu

New PIL in SC challenges Centre's blocking of BBC's Modi docu

Rediff.com16 Feb 2023

A fresh PIL was filed on Thursday in the Supreme Court challenging the Centre's decision to block a BBC documentary on the 2002 Gujarat riots.

Infosys down 10% in one month

Infosys down 10% in one month

Rediff.com15 Mar 2023

Shares of Infosys hit a five-month low of Rs 1,419.60, down 1 per cent on the BSE in Tuesday's intra-day trade. The stock was quoting at its lowest level since October 10, 2022. In past two days, the stock of information technology (IT) bellwether was down 4 per cent after the company on Saturday informed to the stock exchanges that Mohit Joshi, president of the company has resigned effective March 11, 2023. Mohit Joshi will be on leave thereafter and his last date for the company would be June 9, 2023, Infosys said in an exchange filing.

SC seeks govt records on decision to block BBC's Modi docu, hearing in April

SC seeks govt records on decision to block BBC's Modi docu, hearing in April

Rediff.com3 Feb 2023

The apex court also directed the Centre to produce original records relating to take down order.

Salaried employment in Karnataka lowest in industrialised states

Salaried employment in Karnataka lowest in industrialised states

Rediff.com4 May 2023

Only one in four workers in Karnataka receive a salary, the lowest among the four industrialised states of India, a Business Standard analysis of the latest annual Periodic Labour Force Survey (PLFS) data shows. While 31.6 per cent workers in Gujarat receive regular wages (or salaries), followed by Tamil Nadu (30.3 per cent) and Maharashtra (29.4 per cent), only 25.7 per cent workers in Karnataka receive the same. The figure stands at 21.5 per cent at the national level, according to the 2021-22 PLFS data.

Kolkata Metro creates history, runs rake under river for first time in India

Kolkata Metro creates history, runs rake under river for first time in India

Rediff.com12 Apr 2023

The metro rake which had only officials and engineers on board ran under the Hooghly from Kolkata to Howrah on the other side of the river.

Indian start-ups may take legal route against Google in-app billing

Indian start-ups may take legal route against Google in-app billing

Rediff.com10 Apr 2023

Scrutiny of Google's code of conduct in the Indian Android ecosystem is far from over with several start-ups preparing to appeal against the company's revised policies of service fee on in-app purchases and subscriptions, according to sources in the know. This comes days after the National Company Law Appellate Tribunal (NCLAT) granted partial relief to the tech giant, reversing four of the 10 key non-monetary directives that would have forced Google to allow uninstalling of its pre-installed apps on Android devices. Paytm, BharatMatrimony, and ShareChat are among the start-ups that are likely to file grievances against the tech major for alleged non-compliance with the Competition Commission of India's (CCI's) cease-and-desist order on Play Store policies.

BFSI firms drive earnings of India Inc to a record high in Q4FY23

BFSI firms drive earnings of India Inc to a record high in Q4FY23

Rediff.com8 Jun 2023

The earnings of India Inc hit a record high in the 2022-23 (FY23) January-March quarter (fourth quarter, or Q4), compared with their poor showing in the previous two quarters of the financial year. The rise in earnings, however, is exclusively led by banking, financial services, and insurance (BFSI) companies. A better-than-expected showing by banks and non-bank lenders in Q4FY23 more than compensated for the earnings contraction in the non-BFSI space.

Infosys cuts average variable payout to 70% for Q1 on margin pressure

Infosys cuts average variable payout to 70% for Q1 on margin pressure

Rediff.com23 Aug 2022

India's second-largest information technology (IT) firm Infosys has decided to reduce the average variable payout of employees to 70 per cent due to falling operating margins in the first quarter (Q1) of 2022-23 (FY23), said people in the know. "The margin impact in the current quarter has reflected on the performance bonus for this cycle," the company told its employees over email. "While 70 per cent is the correct figure, an important point is we have been told that the company will not defer any variable payment. "It is being paid according to schedule," said a person.

Withdraw cases under scrapped section of IT Act: Govt to states

Withdraw cases under scrapped section of IT Act: Govt to states

Rediff.com14 Jul 2021

The ministry of home affairs has requested states and Union Territories (UTs) to direct all police stations under their jurisdiction not to register cases under the repealed Section 66A of the Information Technology Act, 2000, a home ministry statement said.

How India Plans To Become A Semiconductor Giant

How India Plans To Become A Semiconductor Giant

Rediff.com22 Jun 2023

Micron plans an assembly testing, marking and packaging project of $1 billion, and talks are on to set up a memory chip plant for captive requirements.

Want To Buy A Home? Read This Please!

Want To Buy A Home? Read This Please!

Rediff.com12 Jun 2023

Prospective buyers must make a well-considered decision regarding whether this is the right time to buy a house, particularly with home loan rates at near-peak levels, and the risk of job losses looming in many sectors.

Markets in consolidation phase; prudent to book profit now: Analysts

Markets in consolidation phase; prudent to book profit now: Analysts

Rediff.com19 May 2023

The markets may be entering a consolidation phase and are expected to trade sideways for now after a good run in the last few weeks, suggest analysts. In this backdrop, they suggest investors can book profits at the current levels and enter the market again on a decline from a medium-to-long term perspective. Thus far in fiscal 2023-24 (FY24), the S&P BSE Sensex has moved up around 5 per cent to nearly 62,000 levels.

ITC Q4 net profit rises 22% to Rs 5,225 cr

ITC Q4 net profit rises 22% to Rs 5,225 cr

Rediff.com18 May 2023

Diversified entity ITC Ltd on Thursday reported a 22.66 per cent rise in consolidated net profit at Rs 5,225.02 crore in the fourth quarter ended March 2023, led by a strong growth momentum across operating segments. The company had posted a net profit of Rs 4,259.68 crore a year ago, ITC Ltd said in a regulatory filing. Its revenue from operations increased 7 per cent to Rs 18,799.18 crore in the period under review against Rs 17,754.02 crore in the year-ago period.

'We are exploring setting up an aerotropolis'

'We are exploring setting up an aerotropolis'

Rediff.com10 Mar 2023

'We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.'

Twitter challenges Centre's order to block certain accounts, URLs, tweets

Twitter challenges Centre's order to block certain accounts, URLs, tweets

Rediff.com26 Sep 2022

Senior advocate Arvind Datar, appearing for Twitter on Monday online, argued the company was following the rules laid out in the Information Technology Act.

Govt ushers in de-layering in bureaucracy, jt secretary reports to secretary

Govt ushers in de-layering in bureaucracy, jt secretary reports to secretary

Rediff.com29 Mar 2023

The Centre has taken a major step towards increasing efficiency in decision-making by empowering joint secretaries to report to secretaries directly, officials said on Wednesday.

SC dismisses plea seeking complete ban on BBC in India

SC dismisses plea seeking complete ban on BBC in India

Rediff.com10 Feb 2023

Alleging that the BBC has been biased against India and the Indian government, the plea alleged that its documentary on Prime Minister Narendra Modi is a 'result of deep conspiracy against global rise of India and its prime minister'.

'Banned anti-India YouTube channels spread nuclear fear, monetise fake news'

'Banned anti-India YouTube channels spread nuclear fear, monetise fake news'

Rediff.com21 Aug 2022

The government started the crackdown against such YouTube channels for the first time in December last year using its emergency powers under the Information Technology Rules, 2021.

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

Rediff.com12 May 2023

With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Their reasons for the advice include risks like the possibility of a cut in corporate earnings growth forecasts, high valuation (one-year forward P/E of 19.5x), interest rates staying elevated for longer-than-expected and credit tightening. Going ahead, they expect the Nifty50 index to drop to 16,000 levels - down nearly 12 per cent from the current level of 18,255 points, which they believe would be a good time to buy.

SC may refer challenge to Special Marriage Act provision to 2-judge bench

SC may refer challenge to Special Marriage Act provision to 2-judge bench

Rediff.com27 Apr 2023

The Special Marriage Act, 1954 provides a legal framework for the marriage of people belonging to different religions or castes. It governs a civil marriage where the state sanctions the marriage rather than the religion.

No Moonlighting! You have to respect the contract

No Moonlighting! You have to respect the contract

Rediff.com11 Oct 2022

'If an employee has a contract with the employer that he cannot moonlight, you should honour that contract.'

IT mid-caps stick to steady growth amid uncertain macros

IT mid-caps stick to steady growth amid uncertain macros

Rediff.com8 May 2023

With the Big Four information technology services players having disappointed the Street, the focus is on mid-cap IT players who seem to have met expectations, according to analyst reports and management commentary on the demand environment.

CPI MP submits privilege motion notice against Vaishnaw over Pegasus

CPI MP submits privilege motion notice against Vaishnaw over Pegasus

Rediff.com31 Jan 2022

Communist Party of India's member of Parliament Binoy Viswam on Monday submitted a notice to move a privilege motion against Union minister Ashwini Vaishnaw for his statement in Parliament last year on the Pegasus spyware issue.

Market valuations attractive; buy selectively for long term

Market valuations attractive; buy selectively for long term

Rediff.com6 Apr 2023

The sharp correction in the Indian markets from their peak levels has made valuations attractive, say analysts, who advise buying selectively, but only from a long-term perspective. Fifty-six of the Nifty 100 stocks, according to Mahesh Nandurkar, managing director at Jefferies, now trade below the 10-year historical averages, including stocks in financial, select auto, and pharma sectors. "Valuation (one-year forward consensus price-to-earnings, PE) has declined 25 per cent from October 2021 peak, almost matching the 33 per cent price-earnings contraction during the 2011 tightening cycle when repo rates went up by 375 basis points (bps) versus 250 bps this cycle.