News for 'software firm'

Supreme Court Grants Bail to Software Firm Owner in Sexual Harassment Case

Supreme Court Grants Bail to Software Firm Owner in Sexual Harassment Case

Rediff.com16 Apr 2026

The Supreme Court has granted anticipatory bail to a software firm owner accused of sexually harassing an employee and attempting to frame her and her husband in a criminal case. The court has directed him to cooperate with the investigation and not to influence witnesses.

Software Engineer Assaulted And Robbed In Dehradun

Software Engineer Assaulted And Robbed In Dehradun

Rediff.com9 May 2026

A software engineer was allegedly assaulted, robbed, and thrown off a bridge in Dehradun after finishing his night shift, according to police reports.

Redwood Software Inaugurates Global Centre In Hyderabad

Redwood Software Inaugurates Global Centre In Hyderabad

Rediff.com22 Apr 2026

US-based Redwood Software has inaugurated its global centre in Hyderabad, designating it as its primary operational location. The centre will focus on AI-powered automation and aims to enhance Redwood's ability to manage operations across hybrid IT environments. Redwood plans to hire over 300 new employees by the end of 2027.

How TCS Plans To Become The Top AI Services Firm

How TCS Plans To Become The Top AI Services Firm

Rediff.com3 days ago

TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com6 days ago

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com1 days ago

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Rediff.com2 days ago

Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

Infosys Ranks As Top Company For Career Growth In India

Infosys Ranks As Top Company For Career Growth In India

Rediff.com28 Apr 2026

Infosys has been recognised as the leading company for career growth in India, according to LinkedIn's '2026 Top Companies' list. The list, dominated by tech firms, consulting giants, and financial institutions, also features Accenture, Amazon, JPMorgan Chase, and SAP in the top five.

EPFO delays UPI-linked PF withdrawal rollout to May

EPFO delays UPI-linked PF withdrawal rollout to May

Rediff.com27 Apr 2026

The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI-linked withdrawals by the end of May, as it finalises testing for its Centralised IT Enabled System (CITES) 2.0 overhaul, aiming to streamline PF balance transfers and withdrawals.

Pixxel And Sarvam Partner To Launch Orbital Data Centre

Pixxel And Sarvam Partner To Launch Orbital Data Centre

Rediff.com4 May 2026

US-Indian space company Pixxel has partnered with Bengaluru-based artificial intelligence firm Sarvam to build an orbital data centre satellite.

Formula One embraces AI revolution as teams chase competitive edge

Formula One embraces AI revolution as teams chase competitive edge

Rediff.com8 May 2026

Artificial Intelligence is rapidly transforming Formula One, with teams like Williams and Red Bull using AI for race strategy, data analysis and operations as tech partnerships and sponsorship revenues surge.

Kerala Offers Congress Golden Chance; Will It Deliver?

Kerala Offers Congress Golden Chance; Will It Deliver?

Rediff.com8 May 2026

Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com25 Feb 2026

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

Rediff.com6 Apr 2026

TeamLease Digital CEO Neeti Sharma discusses how AI is driving a structural reset in the tech industry, leading to layoffs, reshaping hiring practices, and increasing job insecurity.

How Vizag Is Set To Anchor India's AI-Driven Digital Future

How Vizag Is Set To Anchor India's AI-Driven Digital Future

Rediff.com28 Apr 2026

Adani Group Director Jeet Adani and Bharti Enterprises Vice Chairman Rakesh Bharti Mittal highlighted the importance of infrastructure, energy, and connectivity in shaping India's AI ecosystem, emphasising Visakhapatnam's potential as a major digital gateway.

HCLTech Q4 net profit up 4.2% to Rs 4,488 crore, FY27 growth seen at 1-4%

HCLTech Q4 net profit up 4.2% to Rs 4,488 crore, FY27 growth seen at 1-4%

Rediff.com21 Apr 2026

IT major HCLTech reported a 4.20 per cent year-on-year rise in consolidated net profit to Rs 4,488 crore for the January-March quarter of FY26, but projected a modest 1-4 per cent revenue growth for FY27, citing market volatility and reduced discretionary spending.

Hyderabad Woman Ends Life Allegedly Over Dowry Demands

Hyderabad Woman Ends Life Allegedly Over Dowry Demands

Rediff.com2 Apr 2026

A 26-year-old woman software professional in Hyderabad allegedly died by suicide due to harassment by her husband for additional dowry. Police have arrested the husband and are investigating the case.

'Serious antecedents': No relief for arrested TCS employee in another case

'Serious antecedents': No relief for arrested TCS employee in another case

Rediff.com23 Apr 2026

A court in Nashik, Maharashtra, has denied interim protection from arrest to a Tata Consultancy Services (TCS) employee, Danish Shaikh, in a case related to alleged sexual harassment and forcible conversion at the company's local unit. Shaikh is already in judicial custody in connection with one of nine FIRs registered in the case.

Ravi Kumar Chirugudu appointed President and COO of Tessolve

Ravi Kumar Chirugudu appointed President and COO of Tessolve

Rediff.com6 Apr 2026

Semiconductor firm Tessolve has appointed Ravi Kumar Chirugudu as President and Chief Operating Officer (COO).

Matter Motor CEO on the Future of AI in Electric Vehicles

Matter Motor CEO on the Future of AI in Electric Vehicles

Rediff.com23 Mar 2026

Matter Motor's CEO discusses the increasing role of data and intelligent systems in the automotive industry, highlighting the shift towards software-defined mobility and AI-defined vehicles.

Haryana's AI Programme Gains Momentum with World Bank Collaboration

Haryana's AI Programme Gains Momentum with World Bank Collaboration

Rediff.com8 Apr 2026

Haryana's Chief Minister Nayab Singh Saini reviewed the progress of the Haryana AI Development Programme (HAIDP), a Rs 474-crore initiative developed with the World Bank, focusing on AI skilling, startup incubation, and ethical AI governance.

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Rediff.com6 Apr 2026

Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.

Chinese Humanoid Robot Breaks Half-Marathon Record

Chinese Humanoid Robot Breaks Half-Marathon Record

Rediff.com19 Apr 2026

A humanoid robot named 'Flash,' developed by Shenzhen Honor Smart Technology, achieved a record-breaking time of 50 minutes and 26 seconds in the Beijing E-Town half-marathon, surpassing the human world record in autonomous navigation.

How IndiaAI Mission Is Helping AI Startups Scale Globally

How IndiaAI Mission Is Helping AI Startups Scale Globally

Rediff.com17 Apr 2026

The IndiaAI Mission, under MeitY, has selected 10 Indian AI startups for its Global Acceleration Programme, aimed at fostering international growth and innovation.

Maharashtra Official Calls for Action in TCS Harassment Case

Maharashtra Official Calls for Action in TCS Harassment Case

Rediff.com14 Apr 2026

Maharashtra legislative council deputy chairperson Neelam Gorhe has demanded stringent action against employees of Tata Consultancy Services (TCS) in Nashik following allegations of sexual harassment and forced religious conversion by female employees.

TCS announces annual salary hikes, prioritises AI skills

TCS announces annual salary hikes, prioritises AI skills

Rediff.com10 Apr 2026

Tata Consultancy Services (TCS) has announced annual salary hikes effective April 1, with top performers receiving double-digit increases, while also renewing its multi-year strategic partnership with UK retailer Marks & Spencer (M&S) to support its omnichannel and data-driven transformation with AI.

Near-term growth, margin triggers missing in Wipro's Q4 results

Near-term growth, margin triggers missing in Wipro's Q4 results

Rediff.com26 Apr 2026

Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.

TCS slows its dividend tap to fuel AI run

TCS slows its dividend tap to fuel AI run

Rediff.com24 Apr 2026

Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.

What Oracle Layoffs Signal For Techies

What Oracle Layoffs Signal For Techies

Rediff.com2 Apr 2026

For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Rediff.com1 Feb 2026

India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.

IAF to get indigenous unmanned combat search and rescue aircraft

IAF to get indigenous unmanned combat search and rescue aircraft

Rediff.com8 Apr 2026

The Indian government is planning to develop an unmanned combat search and rescue aircraft for the Indian Air Force, designed to operate autonomously and in challenging terrains.

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rediff.com19 Mar 2026

Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem, drawing lessons from recent global conflicts and highlighting the importance of self-reliance in drone technology.

What Caused Nifty IT's 6% Fall On Thu?

What Caused Nifty IT's 6% Fall On Thu?

Rediff.com13 Feb 2026

The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.

Noida techie death: Real estate firm director arrested

Noida techie death: Real estate firm director arrested

Rediff.com20 Jan 2026

Police on Tuesday arrested the director of a real estate group in connection with the death of a 27-year-old software engineer, whose car had plunged into a water-filled pit at a construction site in Noida's Sector 150, officials said.

Rajnath Singh Urges India to Build Drone Manufacturing Ecosystem

Rajnath Singh Urges India to Build Drone Manufacturing Ecosystem

Rediff.com19 Mar 2026

Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem to enhance its defence capabilities, drawing lessons from recent global conflicts.

AI Skills Enter Employee Performance Reviews

AI Skills Enter Employee Performance Reviews

Rediff.com11 Mar 2026

The message is becoming clearer: Employees who fail to meaningfully integrate AI into their work risk falling behind in performance assessments.

Friday the 13th caps a week of AI-sparked horror in IT stocks

Friday the 13th caps a week of AI-sparked horror in IT stocks

Rediff.com14 Feb 2026

The selloff in domestic information technology stocks intensified on Friday, with the Nifty IT index sliding as much as 5.2 per cent during the session before paring losses to close 1.44 per cent lower.

Realme Narzo Power 5G Arrives With A 10,001mAh Battery

Realme Narzo Power 5G Arrives With A 10,001mAh Battery

Rediff.com9 Mar 2026

Realme has introduced its new Realme Narzo Power 5G handset in the Indian market, highlighted by an enormous 10,001mAh power unit.

AI adoption leading to moderation in entry-level hiring: Report

AI adoption leading to moderation in entry-level hiring: Report

Rediff.com15 Feb 2026

Artificial Intelligence (AI) adoption has led firms to moderate hiring, primarily at the entry-level, according to a report.