News for 'technology sector'

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com24 Feb 2026

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com2 May 2026

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

India Advocates For Ethical AI Use In Global Healthcare

India Advocates For Ethical AI Use In Global Healthcare

Rediff.com2 days ago

Union Health Minister J P Nadda has emphasised the need for sound regulation, ethical oversight, and equity in the application of Artificial Intelligence (AI) to healthcare, speaking at the World Health Assembly in Geneva.

Bengaluru GAFX 2026 to Highlight AVGC-XR Sector

Bengaluru GAFX 2026 to Highlight AVGC-XR Sector

Rediff.com26 Feb 2026

The seventh edition of Bengaluru GAFX, a major AVGC-XR conference and exhibition, will be held from February 27, showcasing advancements in animation, visual effects, gaming, comics, and extended reality.

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Rediff.com2 days ago

India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.

How Basalt Could Slash Cement Industry's Carbon Footprint

How Basalt Could Slash Cement Industry's Carbon Footprint

Rediff.com15 May 2026

A new study suggests that using basalt rock instead of limestone in cement production could significantly reduce carbon dioxide emissions, offering a pathway to a greener construction industry.

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.com13 May 2026

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.

Govt body plans legal framework for AI companies

Govt body plans legal framework for AI companies

Rediff.com29 Apr 2026

India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.

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.com7 days ago

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.

How To Prepare Doctors For AI Integration In Healthcare

How To Prepare Doctors For AI Integration In Healthcare

Rediff.com5 days ago

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.

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

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

Rediff.com4 days ago

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.

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

How AI Skills Can Give Indian Employees An Edge

How AI Skills Can Give Indian Employees An Edge

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

Why AI Skills Are Crucial For Salary Hikes In India

Why AI Skills Are Crucial For Salary Hikes In India

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

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.

Adobe Expands India Presence With New Noida Office

Adobe Expands India Presence With New Noida Office

Rediff.com8 May 2026

Adobe has announced the opening of a new office in Noida, its seventh in India. The new campus will house over 700 employees and signifies Adobe's continued focus on driving innovation from India.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 May 2026

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Rediff.com7 days ago

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.

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

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

Rediff.com5 hours ago

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

Nasscom To Focus On AI Integration And Revenue Growth

Nasscom To Focus On AI Integration And Revenue Growth

Rediff.com23 Apr 2026

Nasscom's newly appointed Chairman, Srikanth Velamakanni, outlines key priorities including restoring revenue growth in IT firms and promoting the role of artificial intelligence and other technologies in companies.

How Corporate India Can Propel Women into Tech Leadership Roles

How Corporate India Can Propel Women into Tech Leadership Roles

Rediff.com8 Mar 2026

Top female executives are calling for corporate India to redesign workplace systems to support women's advancement into leadership roles in the technology sector, particularly in emerging fields like artificial intelligence.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com1 days ago

'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.'

Banks On Alert As AI Model Threatens Data Security

Banks On Alert As AI Model Threatens Data Security

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 threatening data security of financial systems.

China says it can build 50 nuke reactors at once amid West Asia conflict

China says it can build 50 nuke reactors at once amid West Asia conflict

Rediff.com24 Apr 2026

China is significantly expanding its nuclear power sector, aiming to become a global leader by 2030. The country has the capacity to construct up to 50 nuclear reactors simultaneously, reducing reliance on fossil fuels.

Why India's Next Wave Of Startups Should Focus On Deep Tech

Why India's Next Wave Of Startups Should Focus On Deep Tech

Rediff.com28 Apr 2026

Infosys co-founder Kris Gopalakrishnan urges Indian startups to focus on deep technology and advanced manufacturing to ensure strategic autonomy.

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.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com7 days ago

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.

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.

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.

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.

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.

'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.'

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.

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.

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.

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.

'This Is How The Indian Air Force Will Fight Going Forward'

'This Is How The Indian Air Force Will Fight Going Forward'

Rediff.com7 days ago

The IAF's future operational concepts could involve indigenous Tejas combat aircraft coordinating in real time with multiple Ghatak RPSAs, each carrying a different mission payload ranging from electronic warfare systems and targeting sensors to precision munitions.

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.

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.

Cockroach Janata Party swings into action, demands Modi Minister's resignation

Cockroach Janata Party swings into action, demands Modi Minister's resignation

Rediff.com19 hours ago

The CJP's rapid rise on social media reflects growing digital dissent and youth frustration with issues like unemployment and exam-paper leaks.