News for 'technology sector'

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com5 days ago

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

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.

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.

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Rediff.com25 Mar 2026

The 515 Army Base Workshop in Bengaluru has signed multiple strategic MoUs to bolster indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.

Rs 3000 cr cap on nuclear liability: Very sensitive legislative policy issue, says SC

Rs 3000 cr cap on nuclear liability: Very sensitive legislative policy issue, says SC

Rediff.com3 days ago

The Supreme Court is reviewing a plea challenging the 2025 SHANTI Act, which caps liability at Rs 3,000 crore for nuclear plant incidents, raising concerns about victim compensation and operator accountability.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com4 days ago

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

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.

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.

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).

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.

'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.'

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.

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.

Banks Review Cybersecurity Amid AI Threat Concerns

Banks Review Cybersecurity Amid AI Threat Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

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.

India Calls For Stronger Accountability In Rapid Urban Transformation

India Calls For Stronger Accountability In Rapid Urban Transformation

Rediff.com7 May 2026

Comptroller and Auditor General of India K Sanjay Murthy highlighted the need for stronger accountability systems to support India's urban transformation and sustainable mobility push at the BRICS Supreme Audit Institutions Leaders' Summit in Bengaluru.

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.

ISRO And TIFR To Boost Space Exploration Through Collaboration

ISRO And TIFR To Boost Space Exploration Through Collaboration

Rediff.com20 Apr 2026

ISRO and TIFR have signed a Memorandum of Understanding to collaborate on space science, technology, and exploration, marking a significant milestone for India's space programme.

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.

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.

Info Edge Q4 billings slow on muted hiring, Gulf risks

Info Edge Q4 billings slow on muted hiring, Gulf risks

Rediff.com17 Apr 2026

Info Edge (India) shares fell 2.9 per cent after the company reported muted growth in recruitment billings for Q4 FY26, leading brokerages to expect impacted operating performance and potential margin contraction.

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.

Is GalaxEye's Mission Drishti Satellite Okay?

Is GalaxEye's Mission Drishti Satellite Okay?

Rediff.com12 May 2026

Concerns are rising about the status of GalaxEye Space's Mission Drishti, India's first Made in India OptoSAR satellite, launched on May 3. Reports suggest the satellite is tumbling in space, and experts highlight potential issues with solar panel deployment and stabilisation. The company has remained silent on the matter, fueling further speculation.

India appoints new Chief of Defence Staff, Naval Chief

India appoints new Chief of Defence Staff, Naval Chief

Rediff.com9 May 2026

Lt Gen NS Raja Subramani (retd) has been appointed as India's next Chief of Defence Staff, succeeding Gen Anil Chauhan. Vice Admiral Krishna Swaminathan has been named the next Chief of the Naval Staff, succeeding Admiral Dinesh K Tripathi. Lt Gen Subramani's primary mandate will be to implement the military theaterisation plan and bolster tri-services synergy.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

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.

INOX Air Products Commissions Ultra-High Purity Oxygen Plant in India

INOX Air Products Commissions Ultra-High Purity Oxygen Plant in India

Rediff.com3 Apr 2026

INOX Air Products has commissioned a new ultra-high purity liquid oxygen facility in Hosur, Tamil Nadu, to support India's growing semiconductor and solar manufacturing sectors, reducing reliance on imports.

How AI Can Empower Women Journalists In India

How AI Can Empower Women Journalists In India

Rediff.com20 Apr 2026

Brijesh Singh, Principal Secretary (Information and Publicity), Maharashtra, highlighted the transformative role of Artificial Intelligence in journalism and encouraged women journalists to embrace this technological shift to enhance their skills and drive positive change.

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com5 days ago

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

In open letter to PM, Bernstein flags structural risks to growth

In open letter to PM, Bernstein flags structural risks to growth

Rediff.com24 Apr 2026

Global brokerage Bernstein has issued a cautionary note, stating that India risks 'under-delivering on its potential' unless it addresses key policy bottlenecks and structural risks, including employment challenges from AI, limited manufacturing gains, and rising welfare spending.

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.

How Hyderabad Police Plan To Combat Cyber Fraud

How Hyderabad Police Plan To Combat Cyber Fraud

Rediff.com21 Apr 2026

Hyderabad Police Commissioner V C Sajjanar has proposed a Joint Working Group with the RBI and banks to address the issue of mule bank accounts used in cyber fraud. The proposal follows 'Operation Octopus,' which exposed vulnerabilities in KYC verification. Sajjanar also recommended strict directives for banks to fix accountability and adopt advanced technology to detect suspicious transactions.

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.

Analysts pick HDFC AMC, CAMS, KFin as top bets as MF growth accelerates

Analysts pick HDFC AMC, CAMS, KFin as top bets as MF growth accelerates

Rediff.com17 Apr 2026

Analysts are increasingly optimistic about India's capital markets, with HDFC AMC, CAMS, and KFin Technologies identified as top investment picks. This optimism stems from a structural shift in household savings towards financial instruments and an expected multi-year earnings expansion for market infrastructure providers and asset management companies.

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.

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com1 May 2026

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

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 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.