News for 'it services'

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Rediff.com3 hours ago

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Rediff.com7 days ago

The combined market valuation of four of India's top-10 most valued firms, including State Bank of India, Bharti Airtel, Tata Consultancy Services, and Larsen & Toubro, eroded by Rs 1 lakh crore last week amidst a volatile and range-bound equity market.

Stock Markets Today: Sensex, Nifty50 Open In Red Weighed By West Asia Crisis

Stock Markets Today: Sensex, Nifty50 Open In Red Weighed By West Asia Crisis

Rediff.com6 days ago

Indian equity benchmark indices experienced a significant drop in early trade, with the BSE Sensex falling over 525 points and the NSE Nifty down more than 164 points, primarily due to rising crude oil prices and ongoing uncertainty surrounding the US-Iran conflict.

UK health minister quits, may challenger Starmer for PM

UK health minister quits, may challenger Starmer for PM

Rediff.com3 days ago

UK Health Secretary Wes Streeting resigned from the Cabinet, citing a loss of confidence in Prime Minister Keir Starmer's leadership, potentially triggering a Labour leadership contest.

Agniveers can't claim parity with regular soldiers: Govt

Agniveers can't claim parity with regular soldiers: Govt

Rediff.com6 days ago

The Union government has informed the Bombay High Court that Agniveers are not "similarly situated" as regular soldiers and hence, cannot claim parity in pensionary benefits for their next of kin in the event of death in action.

Big verdict: No RTI for BCCI, rules CIC

Big verdict: No RTI for BCCI, rules CIC

Rediff.com1 hour ago

The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com8 May 2026

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

Rousey signs off in style with rapid armbar victory over Gina Carano

Rousey signs off in style with rapid armbar victory over Gina Carano

Rediff.com17 hours ago

Ronda Rousey ended her MMA career with a 17-second armbar victory over Gina Carano, securing an emotional farewell and the closure she sought after years away from the sport.

Paternity Leave For Private Sector On Cards?

Paternity Leave For Private Sector On Cards?

Rediff.com4 days ago

Male central government employees are entitled to 15 days under service rules and provisions in the private sector depends on the company's policy.

Two Women Arrested In Bengaluru Prostitution Racket

Two Women Arrested In Bengaluru Prostitution Racket

Rediff.com4 days ago

Two women were arrested in Bengaluru for allegedly running a prostitution racket from rented houses. The arrests were made by the Central Crime Branch's Women Protection Squad following a tip-off.

Bhavish Aggarwal's Second Coming? Ola Bets Big On Electric Motorcycles

Bhavish Aggarwal's Second Coming? Ola Bets Big On Electric Motorcycles

Rediff.com2 days ago

Ola Electric is making a renewed push into the electric motorcycle market with aggressive pricing and in-house battery manufacturing, aiming to replicate its earlier success in electric scooters while addressing past quality and service issues.

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Rediff.com15 Mar 2026

A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.

Bengal Jail Officials Suspended Amid Mobile Phone Allegations

Bengal Jail Officials Suspended Amid Mobile Phone Allegations

Rediff.com2 days ago

The West Bengal government has suspended two senior officials at Presidency Correctional Home following allegations that inmates were using mobile phones within the facility. Chief Minister Suvendu Adhikari stated that a network of organised crime was being operated from within the state's prisons.

Theatre Commands Plan Gains Momentum

Theatre Commands Plan Gains Momentum

Rediff.com5 May 2026

The plan includes three such formations: A China-focused Northern Theatre Command, a Pakistan-focused Western Theatre Command, and a Maritime Theatre Command.

Toronto launches football-themed condoms ahead of FIFA World Cup

Toronto launches football-themed condoms ahead of FIFA World Cup

Rediff.com5 days ago

Toronto will hand out free soccer-themed condoms during the FIFA World Cup as part of a public health campaign promoting safer sex and sexual health awareness.

Why Delhi Saw A Sharp Rise In Fire Emergencies In April

Why Delhi Saw A Sharp Rise In Fire Emergencies In April

Rediff.com4 May 2026

Fire-related emergencies in Delhi surged by 73% in April compared to March, with 32 deaths reported in fire accidents between January and April, according to official data from the Delhi Fire Services.

Two Chhattisgarh Police Constables Commit Suicide

Two Chhattisgarh Police Constables Commit Suicide

Rediff.com6 days ago

Two police constables in Chhattisgarh allegedly committed suicide in separate incidents, apparently due to family-related issues. One constable shot himself with his service rifle, while the other was found hanging at his residence.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com2 days ago

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

NEET paper leak: College promises action against arrested lecturer

NEET paper leak: College promises action against arrested lecturer

Rediff.com1 days ago

A Pune-based college has announced disciplinary action against a biology lecturer arrested by the CBI for her alleged involvement in the NEET-UG 2026 paper leak case. The lecturer, part of the NTA's paper-setting committee, is accused of leaking questions to students for a fee.

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Rediff.com5 days ago

Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.

Iran to unveil new Hormuz traffic plan, says US-linked vessels may be barred

Iran to unveil new Hormuz traffic plan, says US-linked vessels may be barred

Rediff.com1 days ago

Head of the Iranian Parliament's National Security Committee Ebrahim Azizi on Saturday said that Iran has prepared a "professional mechanism" to regulate maritime traffic in the Strait of Hormuz through a designated route, which will be unveiled soon.

Govt raises import duty on gold, silver after PM's appeal

Govt raises import duty on gold, silver after PM's appeal

Rediff.com5 days ago

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

Five Soldiers Killed In Pakistan's Balochistan Operation

Five Soldiers Killed In Pakistan's Balochistan Operation

Rediff.com4 days ago

Five Pakistani soldiers, including a major, have been killed during an operation against terrorists in Balochistan's Barkhan district. At least seven terrorists were also killed in the operation.

India-Pak truce a favour to Sharif, Munir: Trump repeats mediation claims

India-Pak truce a favour to Sharif, Munir: Trump repeats mediation claims

Rediff.com2 days ago

US President Donald Trump on Friday said that the 'ceasefire' that he got done between India and Pakistan was a favour to their army chief Asim Munir and Prime Minister Shehbaz Sharif.

TVS Motor set for continued outperformance driven by EVs, premium bikes, and exports

TVS Motor set for continued outperformance driven by EVs, premium bikes, and exports

Rediff.com3 days ago

TVS Motor Company is strategically positioned for sustained outperformance in the domestic two-wheeler industry, propelled by increasing market share in scooters, premium motorcycles, electric vehicles (EVs), and robust export growth, according to analysts.

10 Healthy Alternatives To Cheese

10 Healthy Alternatives To Cheese

Rediff.com2 hours ago

Dr Amreen Sheikh, chief dietician at KIMS Hospital, recommends a list of healthy fat alternatives that you can have instead of cheese without compromising on nutrition.

Family Demands Compensation For Retired Brigadier Killed In Crossfire

Family Demands Compensation For Retired Brigadier Killed In Crossfire

Rediff.com6 May 2026

The family of retired Brigadier Mukesh Joshi, who died in a crossfire in Rajpur, Dehradun, is seeking Rs 1 crore compensation from the Uttarakhand government, citing his distinguished military service and the state's responsibility to protect its citizens.

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

Rediff.com4 May 2026

IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.

SP Leader Azam Khan Sentenced To Jail For Remarks Against Officials

SP Leader Azam Khan Sentenced To Jail For Remarks Against Officials

Rediff.com1 days ago

A court in Uttar Pradesh sentenced Samajwadi Party leader Azam Khan to two years in jail for making objectionable remarks against government officials during the 2019 Lok Sabha poll campaign.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com6 days ago

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com2 days ago

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

Ravindra Singh Yadav Named New DGP Of Andaman And Nicobar Islands

Ravindra Singh Yadav Named New DGP Of Andaman And Nicobar Islands

Rediff.com4 days ago

Senior IPS officer Ravindra Singh Yadav has been appointed as the Director General of Police (DGP) of the Andaman and Nicobar Islands, succeeding Hargobinder Singh Dhaliwal.

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Rediff.com3 days ago

Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.

Delhi Police Busts GST Fraud Cartel, Arrests Six

Delhi Police Busts GST Fraud Cartel, Arrests Six

Rediff.com1 days ago

The Delhi Police's Economic Offences Wing (EOW) has dismantled a GST fraud cartel, arresting six individuals involved in swindling Rs 128 crore through shell companies and fake invoicing.

Delhi Metro Partners With Airtel Bank For NCMC Cards

Delhi Metro Partners With Airtel Bank For NCMC Cards

Rediff.com7 days ago

The Delhi Metro Rail Corporation has partnered with Airtel Payments Bank to launch co-branded RuPay National Common Mobility Cards (NCMC), enabling seamless payments across various transit networks nationwide.

TCS Nashik Unit Faces Scrutiny Over Harassment Claims

TCS Nashik Unit Faces Scrutiny Over Harassment Claims

Rediff.com6 days ago

The National Commission for Women (NCW) has submitted a fact-finding report to the Maharashtra government, revealing pervasive sexual harassment, systemic bullying, and zero compliance with the POSH Act at the Nashik unit of Tata Consultancy Services (TCS). The report details a toxic workplace environment and recommends strict action and compliance with the POSH Act.

Rajasthan Police Constable Dismissed For Drug Trafficking

Rajasthan Police Constable Dismissed For Drug Trafficking

Rediff.com1 May 2026

A Rajasthan Police constable has been dismissed from service after being found involved in drug trafficking. The constable, Vinod Singh, was arrested for allegedly transporting 244 grams of smack and was booked under the NDPS Act.

Coolcations Drive Summer Travel Surge

Coolcations Drive Summer Travel Surge

Rediff.com5 days ago

As temperatures soar, booking queries have surged by double digits -- going up to 125 per cent -- for destinations like Kashmir, Shillong, Gangtok, Munnar, Leh, Rishikesh, Guwahati, Imphal, Kodaikanal and the Andamans.

Sujit Bose Arrested In Bengal Recruitment Scam Case

Sujit Bose Arrested In Bengal Recruitment Scam Case

Rediff.com6 days ago

The Enforcement Directorate arrested former West Bengal minister Sujit Bose in connection with a money laundering case linked to an alleged municipality recruitment scam.