News for 'it firm'

Minister's exit rocks Shivakumar govt; damage control begins

Minister's exit rocks Shivakumar govt; damage control begins

Rediff.com5 Jun 2026

Congress leader Ramalinga Reddy has resigned from his ministerial position in the newly formed Shivakumar government in Karnataka, expressing strong displeasure over the portfolio allocated to him. He had sought the Bengaluru Development portfolio but was given Major and Medium Irrigation projects, leading to a significant setback for the new administration.

Stock markets today: Sensex, Nifty50 fall in early trade dragged by IT firms

Stock markets today: Sensex, Nifty50 fall in early trade dragged by IT firms

Rediff.com22 Apr 2026

Indian benchmark equity indices, Sensex and Nifty, experienced a decline in early trade, ending a three-day rally, primarily due to heavy selling in IT stocks and concerns over prolonged instability in West Asia.

High Spirits: Liquor Brands Bet On Premium Buzz In Hindi Heartland

High Spirits: Liquor Brands Bet On Premium Buzz In Hindi Heartland

Rediff.com16 Jun 2026

Indian liquor brands are increasingly focusing on Hindi heartland states like Uttar Pradesh, Rajasthan, and Haryana as the next major growth engine for premiumisation, driven by expanding luxury portfolios, craft spirit launches, and upgraded retail experiences, as state governments embrace reforms.

Ashish Purti's hat-trick powers India to men's Under-18 Asia Cup hockey crown

Ashish Purti's hat-trick powers India to men's Under-18 Asia Cup hockey crown

Rediff.com7 Jun 2026

India's men's Under-18 hockey team defeated hosts Japan 4-1 in the final to win the Asia Cup title, with Ashish Purti scoring a hat-trick. Captain Ketan Kushwaha also scored, while Hockey India announced cash awards for the gold-winning men's team and the bronze-winning women's U-18 team.

Bangladesh make history with first-ever ODI series win over Australia

Bangladesh make history with first-ever ODI series win over Australia

Rediff.com11 Jun 2026

Bangladesh secured a landmark series victory over a second-string Australian side with a composed chase in a rain-affected second One-Day International in Dhaka on Thursday, taking an unassailable 2-0 lead in the three-match contest.

How A Gas Geyser Leak Led To A Woman's Death In Kodagu

How A Gas Geyser Leak Led To A Woman's Death In Kodagu

Rediff.com8 Jun 2026

A 27-year-old woman from Bengaluru, Vinutha, died during a weekend trip to Kodagu due to a suspected carbon monoxide leak from a gas geyser at a homestay. Police have registered a case of unnatural death, with the post-mortem report indicating suffocation and poor bathroom ventilation as contributing factors.

'Europe sells weapons, which are used to attack India': Jaishankar slams Western 'hypocrisy'

'Europe sells weapons, which are used to attack India': Jaishankar slams Western 'hypocrisy'

Rediff.com12 Jun 2026

External Affairs Minister S Jaishankar has strongly defended India's decision to purchase Russian crude oil, stating that the country's energy choices are based on cost and availability, and highlighting the West's 'hypocrisy' in criticising India while historically supplying weapons used against it.

Pakistan Rejects India's PoK Allegations, Issues Water Warning

Pakistan Rejects India's PoK Allegations, Issues Water Warning

Rediff.com11 Jun 2026

Pakistan has criticised India's recent remarks on Pakistan-occupied Kashmir (PoK) protests, asserting it is addressing issues democratically. Pakistan also warned India against blocking water, calling it an "act of war," and commented on India's nuclear capabilities and its own military strikes in Afghanistan.

'There will never be another Jaspal Rana'

'There will never be another Jaspal Rana'

Rediff.com12 Jun 2026

The Indian shooting fraternity is mourning the sudden demise of legendary pistol ace and Dronacharya awardee Jaspal Rana at the age of 49 due to cardiac complications. Rana, a multiple-time Commonwealth and Asian Games gold medallist, was also a highly successful coach who mentored Olympic medallists like Manu Bhaker, leaving an indelible mark on Indian shooting.

AI171 crash: Life is 'far more difficult' for lone survivor

AI171 crash: Life is 'far more difficult' for lone survivor

Rediff.com12 Jun 2026

Viswashkumar Ramesh, the lone survivor of Flight 171 which crashed a year ago in Ahmedabad, has spoken out about his ongoing struggles with 'sleep, anxiety and difficult memories,' highlighting the profound and lasting impact of the disaster.

Aviation Firm Director, Dhaba Owner Arrested in Delhi Brigadier Assault Case

Aviation Firm Director, Dhaba Owner Arrested in Delhi Brigadier Assault Case

Rediff.com14 Apr 2026

Delhi Police have arrested two men, including an aviation firm director and a dhaba owner, in connection with the assault on an Army brigadier and his son after the officer objected to them drinking alcohol in a car outside his residence.

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Rediff.com12 Jun 2026

Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Rediff.com5 Jun 2026

Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Rediff.com12 Jun 2026

Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.

TMC merger: Strategic move to aid BJP without legal hurdles

TMC merger: Strategic move to aid BJP without legal hurdles

Rediff.com15 Jun 2026

Twenty rebel Trinamool Congress Lok Sabha MPs have merged with the obscure Nationalist Citizens Party of India (NCPI), a move seen by political observers as a strategic way to support the BJP-led NDA without immediately joining the saffron party and bypassing legal complexities.

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Rediff.com12 Jun 2026

A new report by ADP reveals that one in two Indian companies plan to adopt AI-powered payroll systems within the next 12 months, driven by the need for automation in workforce management, compliance, and compensation decisions. However, firms are increasingly cautious about data protection risks, especially with the implementation of the Digital Personal Data Protection (DPDP) Act, 2023.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

Operation Mule Hunt 2.0 Uncovers Massive Cyber Fraud Network

Operation Mule Hunt 2.0 Uncovers Massive Cyber Fraud Network

Rediff.com8 Jun 2026

Patan Police have busted a large-scale cyber fraud racket, arresting 14 individuals involved in illegal transactions worth Rs 398.43 crore through 13 'mule accounts'. The operation, dubbed "Operation Mule Hunt 2.0", uncovered a network linked to 228 inter-state cyber fraud complaints, where individuals were lured to open bank accounts used to channel proceeds of cyber crimes.

How CBI Is Tackling Widespread Builder-Banker Fraud

How CBI Is Tackling Widespread Builder-Banker Fraud

Rediff.com8 Jun 2026

The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.

How CBI Is Tackling Widespread Builder-Banker Fraud

How CBI Is Tackling Widespread Builder-Banker Fraud

Rediff.com8 Jun 2026

The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.

Maharashtra Government Vows Action After Gutkha Mafia Attack

Maharashtra Government Vows Action After Gutkha Mafia Attack

Rediff.com9 Jun 2026

A woman Food Safety Officer was targeted by suspected gutkha mafia operatives during a raid in Maharashtra's Chhatrapati Sambhajinagar district. The incident, where a vehicle attempted to run her over, has led the state government to order strict action against those responsible. FDA Minister Narhari Zirwal condemned the attack and assured full support to the officer, vowing no leniency for assailants of government officials.

'Market Has Become Excessively Bearish On India'

'Market Has Become Excessively Bearish On India'

Rediff.com11 Jun 2026

'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

Rediff.com8 Jun 2026

State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.

Bilateral mechanism in place for deportation of illegal Bangladeshis: Govt

Bilateral mechanism in place for deportation of illegal Bangladeshis: Govt

Rediff.com5 Jun 2026

India on Friday reiterated that it follows a structured bilateral mechanism for the deportation of illegal Bangladeshi nationals and expressed hope that pending nationality verification requests with Dhaka would be expedited, amid fresh allegations by Bangladesh that the Border Security Force (BSF) was attempting to push people across the border.

Australia's African diaspora takes centre stage at World Cup

Australia's African diaspora takes centre stage at World Cup

Rediff.com12 Jun 2026

Born in African refugee camps and raised in Australia, Mohamed Toure, Nestory Irankunda and Awer Mabil are carrying the Socceroos' World Cup hopes while showcasing the nation's increasingly diverse football identity.

World Bank ups India's FY27 growth to 6.6% amid global slowdown

World Bank ups India's FY27 growth to 6.6% amid global slowdown

Rediff.com12 Jun 2026

The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.

Kerala Police Arrest Four After ED Officials Attacked

Kerala Police Arrest Four After ED Officials Attacked

Rediff.com27 May 2026

Kerala police have arrested four individuals in connection with the violent attack on vehicles carrying Enforcement Directorate (ED) officials who raided former Kerala CM Pinarayi Vijayan's rented house. The arrests followed a stand-off with CPI(M) party workers and leaders.

TMC, Congress dismiss reports of merger talks

TMC, Congress dismiss reports of merger talks

Rediff.com11 Jun 2026

The Trinamool Congress (TMC) has dismissed "baseless" rumours of a possible merger with the Congress, despite recent meetings between TMC supremo Mamata Banerjee and Congress leaders Sonia Gandhi and Rahul Gandhi, which occurred amidst significant internal rebellion within the TMC following its recent electoral defeat in West Bengal.

Rajesh Exports denies financial irregularities, blames 'communication gap' for Sebi action

Rajesh Exports denies financial irregularities, blames 'communication gap' for Sebi action

Rediff.com4 Jun 2026

Rajesh Exports has refuted allegations of financial irregularities, stating that its reported revenues are accurate and attributing the Securities and Exchange Board of India's (Sebi) interim action to a 'communication gap' between the regulator and the company.

Kerala Minister Alleges Conspiracy Behind ED Office Attack

Kerala Minister Alleges Conspiracy Behind ED Office Attack

Rediff.com28 May 2026

Kerala Home Minister Ramesh Chennithala has alleged that the violent attack on Enforcement Directorate (ED) officials' vehicles was a conspiracy by the CPI(M) to disrupt law and order. The ED raids were linked to financial dealings between former CM Pinarayi Vijayan's daughter's firm and a sand mining company.

Lagaan to Laapataa Ladies: Aamir Khan's 10 Best Productions

Lagaan to Laapataa Ladies: Aamir Khan's 10 Best Productions

Rediff.com17 Jun 2026

As Aamir Khan Productions celebrates 25 years, we rank the 10 best films produced by its star, from the iconic Lagaan to the recent critically-acclaimed Laapataa Ladies.

India must focus on long-term growth, not short-term challenges: Citi CEO

India must focus on long-term growth, not short-term challenges: Citi CEO

Rediff.com12 Jun 2026

Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

Sensex, Nifty close flat; metal, oil & gas shares major drag

Sensex, Nifty close flat; metal, oil & gas shares major drag

Rediff.com10 Jun 2026

Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.

India May Need New Legal Framework For AI, Says Minister Ashwini Vaishnaw

India May Need New Legal Framework For AI, Says Minister Ashwini Vaishnaw

Rediff.com9 Jun 2026

Union Minister Ashwini Vaishnaw indicates India may require a new legal framework for Artificial Intelligence, as the current IT law predates AI's rapid emergence. The government aims to balance innovation with regulation, engaging with the industry to ensure citizen safety while fostering technological growth.

Aviation firm director, dhaba owner held in Delhi Brigadier assault case

Aviation firm director, dhaba owner held in Delhi Brigadier assault case

Rediff.com14 Apr 2026

The director of an aviation firm and a dhaba owner have been arrested in Delhi for assaulting an Army brigadier and his son after the officer objected to them drinking alcohol in public.

Govt restricts bulk petrol, diesel purchases from retail pumps

Govt restricts bulk petrol, diesel purchases from retail pumps

Rediff.com12 Jun 2026

The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Rediff.com27 May 2026

Kerala Home Minister Ramesh Chennithala has condemned the violent attack on Enforcement Directorate (ED) officials' vehicles, alleging a CPI(M) conspiracy to disrupt law and order. He asserted that those involved will face stringent legal action, regardless of their status.

Ahead of World Cup 2026, Pope Leo XIV throws his support behind team USA

Ahead of World Cup 2026, Pope Leo XIV throws his support behind team USA

Rediff.com7 Jun 2026

Pope Leo may have traded his life in Chicago for the ornate apartments at the Vatican's apostolic palace, but he still plans to root for his old national team at the World Cup this month.

AI171 crash: AAIB issues interim statement, probe continues

AI171 crash: AAIB issues interim statement, probe continues

Rediff.com12 Jun 2026

The Aircraft Accident Investigation Bureau (AAIB) has issued an interim statement on the probe into the Air India AI171 plane crash that killed 260 people last year, confirming that the investigation is ongoing and the final report will be released after all processes are complete.