News for 'technology sector'

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

Rediff.com16 May 2026

Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.

Op Sindoor: 'Pakistan Was Completely Blind'

Op Sindoor: 'Pakistan Was Completely Blind'

Rediff.com5 Jun 2026

'We won not (only) because we were able to carry out long-range precision strikes.' 'That is, of course, one of the reasons but we had better situational awareness about what's happening than Pakistan.'

Eye on China: Quad ramps up Indo-Pacific surveillance

Eye on China: Quad ramps up Indo-Pacific surveillance

Rediff.com27 May 2026

The Quad grouping has expanded cooperation in critical minerals and energy, while unveiling new measures to boost maritime surveillance and port infrastructure across the Indo-Pacific. This move comes against the backdrop of China's growing military posturing in the region, with ministers reiterating strong opposition to destabilising actions and expressing serious concerns over militarisation of disputed features.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

How To Prepare Doctors For AI Integration In Healthcare

How To Prepare Doctors For AI Integration In Healthcare

Rediff.com17 May 2026

The National Medical Commission is emphasising the importance of preparing doctors and healthcare systems for the responsible and effective use of artificial intelligence, highlighting the need for ethical and equitable AI adoption in healthcare.

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.'

Banks On Alert Over AI Security Risks

Banks On Alert Over AI Security Risks

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.

Report flags India's vulnerability to cyber attacks, CBRN threat

Report flags India's vulnerability to cyber attacks, CBRN threat

Rediff.com18 May 2026

A new report highlights India's increasing vulnerability to cyberattacks and CBRN threats due to geopolitical tensions, industrial growth, and urbanisation, calling for an urgent strengthening of its CBRN security strategy through collaboration and investment.

How Shantanu Narayen Transformed Adobe

How Shantanu Narayen Transformed Adobe

Rediff.com16 Mar 2026

For many outside the technology sector, Shantanu Narayen's impact may not always be visible, but his leadership quietly transformed how millions of people learn, work, create and run businesses across the world.

'Impact of the spike in energy prices will be transient'

'Impact of the spike in energy prices will be transient'

Rediff.com29 Apr 2026

'As re-industrialisation gathers pace across regions like Asia, Europe and the US, a wide range of products and inputs will see demand.'

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Rediff.com15 May 2026

Kalyani Strategic Systems' subsidiary, Agneyastra Energetics Ltd, has commenced construction of a Rs 1,500-crore defence manufacturing facility in Andhra Pradesh, aiming to enhance India's indigenous defence capabilities and generate employment.

AI boom reshapes global equity markets, India slips to sixth place

AI boom reshapes global equity markets, India slips to sixth place

Rediff.com27 May 2026

The global artificial intelligence (AI) boom has significantly reshaped equity markets, with Taiwan surpassing India to become the world's fifth-largest stock market. India has seen its market capitalisation decline by 7% year-to-date, while AI-linked economies like Taiwan and South Korea have surged.

JPMorgan downgrades Indian equities to 'neutral'

JPMorgan downgrades Indian equities to 'neutral'

Rediff.com25 Apr 2026

JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.

Which Sectors Bore FPI Brunt In 2025?

Which Sectors Bore FPI Brunt In 2025?

Rediff.com23 Jan 2026

FPIs net sold equities worth Rs 1.7 trillion in 2025 -- the highest annual net sale on record.

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

Want To Study At A Foreign University In India?

Want To Study At A Foreign University In India?

Rediff.com7 May 2026

Foreign universities are unlikely to gain major ground in India's higher education market in the near term, as students and families continue to prioritise return on investment over brand value in a highly price-sensitive sector.

IISc Partners with Groww Foundation to Boost Semiconductor Skills

IISc Partners with Groww Foundation to Boost Semiconductor Skills

Rediff.com17 Mar 2026

The Indian Institute of Science (IISc) and Groww Foundation have launched a semiconductor skill development programme to train the next generation of talent, with a focus on encouraging participation from women and young students.

Why ServiceNow Sees India As A Major Growth Engine

Why ServiceNow Sees India As A Major Growth Engine

Rediff.com6 May 2026

ServiceNow, a leading AI platform for business transformation, is highly optimistic about its growth prospects in the Indian market, according to President and Chief Product Officer Amit Zavery.

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com23 Apr 2026

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

How UP Boosted Sugarcane Farmers' Income

How UP Boosted Sugarcane Farmers' Income

Rediff.com14 May 2026

The Uttar Pradesh government announced it has paid a record Rs 3,21,963 crore to sugarcane growers since 2017, emphasising on-time payments and direct transfers to farmers' accounts. The government highlighted initiatives like farm loan waivers and the 'Smart Ganna Kisan' system for online sugarcane management.

India must not rent its intelligence future: Adani

India must not rent its intelligence future: Adani

Rediff.com12 May 2026

Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

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.com11 May 2026

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.

Indo-UK Life Sciences Innovation Corridor To Deepen Ties

Indo-UK Life Sciences Innovation Corridor To Deepen Ties

Rediff.com23 Apr 2026

A new MoU between the Centre for Cellular and Molecular Platforms (C-CAMP) and Imperial College London has paved the way for deepening India-UK ties in the life sciences sector.

India Forms AI Governance Body to Steer National Strategy

India Forms AI Governance Body to Steer National Strategy

Rediff.com16 Apr 2026

India has established a high-level inter-ministerial body, the AI Governance and Economic Group (AIGEG), to steer the country's national AI governance strategy. The AIGEG will coordinate policy across ministries and oversee cross-sectoral governance issues, supported by a Technology and Policy Expert Committee (TPEC).

'Let's Think Of Around 15% Returns Over 12 Months'

'Let's Think Of Around 15% Returns Over 12 Months'

Rediff.com14 Apr 2026

'The March correction was clearly due to the war and with prospects of that coming to a conclusion, there is a natural rally.'

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

No lapses will be tolerated: Pradhan reviews CBSE evaluation system

No lapses will be tolerated: Pradhan reviews CBSE evaluation system

Rediff.com28 May 2026

Union Education Minister Dharmendra Pradhan has directed officials to address issues faced by students regarding the CBSE examination system, following allegations of irregularities. The government has committed to transparency and accountability, assuring that all genuine concerns will be addressed effectively.

ISRO to print rocket components with Russian 3D printing machine

ISRO to print rocket components with Russian 3D printing machine

Rediff.com29 Apr 2026

The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

Radhakrishnan: AI Empowers Governments for Better Service

Radhakrishnan: AI Empowers Governments for Better Service

Rediff.com15 Apr 2026

Vice President C P Radhakrishnan has championed the use of artificial intelligence for good governance, highlighting its potential to improve government services and build an inclusive and efficient India.

Automation nudges banks towards leaner workforce

Automation nudges banks towards leaner workforce

Rediff.com28 Apr 2026

Major Indian banks, including Axis Bank, HDFC Bank, and RBL Bank, have reported a decline in employee headcount in FY26, attributing the reductions to significant investments in technology and automation yielding productivity gains across operations.

Investors slow to lap up FMCG majors' stocks wanes

Investors slow to lap up FMCG majors' stocks wanes

Rediff.com28 Apr 2026

Companies in the fast-moving consumer goods (FMCG) sector are losing favour with equity investors, with their price-to-earnings (P/E) ratio declining to its lowest level in six years, now trading at 38.8 times trailing earnings.

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com25 May 2026

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

India's AI Job Market Sees 20% Growth: Minister

India's AI Job Market Sees 20% Growth: Minister

Rediff.com11 May 2026

Union Minister Ashwini Vaishnaw highlights the growing demand for AI-related jobs in India and the transformation needed in the IT industry. He also mentions significant investments in data centres and subsea cable networks to boost digital infrastructure.

The Top 5 Engineering Careers In India

The Top 5 Engineering Careers In India

Rediff.com21 Apr 2026

Nayagam PP, career counsellor and founder of EduJobs360, explains how traditional engineering choices are being replaced with flexible, future-ready career paths that align with industry requirements.

Delhi ITIs to Get High-Tech Labs for Electric Vehicle and Power Electronics Training

Delhi ITIs to Get High-Tech Labs for Electric Vehicle and Power Electronics Training

Rediff.com16 Apr 2026

The Delhi government is set to equip its industrial training institutes (ITIs) with advanced labs to train young people in power electronics, electric vehicles, and the automotive sector, aiming to create a skilled workforce ready for industry demands.