News for 'technology'

HCLTech's Q1 Profit Jumps 20% to Rs 4,624 Cr, FY27 Revenue Guidance Intact

HCLTech's Q1 Profit Jumps 20% to Rs 4,624 Cr, FY27 Revenue Guidance Intact

Rediff.com13 Jul 2026

HCL Technologies reported a significant 20 per cent year-on-year increase in its consolidated net profit for the June quarter of FY27, reaching Rs 4,624 crore, while maintaining its revenue growth guidance of 1-4 per cent for the fiscal year.

Maruti Brezza Targets First-Time SUV Buyers

Maruti Brezza Targets First-Time SUV Buyers

Rediff.com1 days ago

The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.

Mercedes-Benz India to launch more hybrid vehicles, undeterred by policy support gaps

Mercedes-Benz India to launch more hybrid vehicles, undeterred by policy support gaps

Rediff.com1 days ago

Mercedes-Benz India plans to continue introducing hybrid vehicles, including the new AMG E 53 plug-in hybrid EV, to meet consumer demand, viewing hybrids as a crucial bridge to full electrification despite the absence of supportive government policies.

Govt defends video-recording of Jantar Mantar protests

Govt defends video-recording of Jantar Mantar protests

Rediff.com14 hours ago

Solicitor General Tushar Mehta has argued that video-recording of the ongoing CJP-led protest against the NEET paper leak at Jantar Mantar is in 'legitimate state interest' for security reasons, while petitioners allege 'continuous, indiscriminate and intrusive surveillance'.

Cosmoserve Mission to Test Space Debris Tech

Cosmoserve Mission to Test Space Debris Tech

Rediff.com8 Jul 2026

Mission Embrace aims to perform the world's first in-orbit demonstration of soft robotic capture for future active debris removal missions

Stock Markets Today: Sensex, Nifty Climb on IT Stocks' Rally

Stock Markets Today: Sensex, Nifty Climb on IT Stocks' Rally

Rediff.com16 Jul 2026

Indian benchmark indices, Sensex and Nifty, saw early gains, primarily driven by IT stocks, amidst expectations of a less aggressive monetary policy from the US Federal Reserve following softer inflation data. Global market trends and upcoming Q1 results are also influencing investor sentiment. Track Sensex, Nifty on july 16.

Modi flags off India's first hydrogen train, hails 'Make in India' success

Modi flags off India's first hydrogen train, hails 'Make in India' success

Rediff.com7 days ago

Prime Minister Narendra Modi flagged off India's first hydrogen-powered train connecting Jind to Sonipat in Haryana, marking a significant milestone in the country's journey towards clean and sustainable railway mobility and showcasing the success of the 'Make in India' initiative.

Uday Ruddaraju Appointed CTO, Compute At Microsoft-Backed OpenAI

Uday Ruddaraju Appointed CTO, Compute At Microsoft-Backed OpenAI

Rediff.com5 days ago

Indian-origin tech executive Uday Ruddaraju has been appointed Chief Technology Officer, Compute at OpenAI, a year after leaving Elon Musk's xAI. Ruddaraju, an alumnus of Hyderabad's Chaitanya Bharathi Institute of Technology, announced his new role on LinkedIn, highlighting OpenAI's mission to build the world's largest compute footprint for frontier AI.

Racing Bulls' Arvid Lindblad on Vaibhav Sooryavanshi, F1 Debut, and Indian Heritage

Racing Bulls' Arvid Lindblad on Vaibhav Sooryavanshi, F1 Debut, and Indian Heritage

Rediff.com7 days ago

Racing Bulls driver Arvid Lindblad, who has Indian ancestral roots, attributes the rise of young athletes like Vaibhav Sooryavanshi across global sports to advancements in technology and better access to information from an earlier age.

HDFC Bank, Axis Bank drag Sensex down amid margin concerns, US-Iran tensions

HDFC Bank, Axis Bank drag Sensex down amid margin concerns, US-Iran tensions

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, closed lower due to significant selling in HDFC Bank and Axis Bank shares, driven by margin-related concerns and escalating US-Iran tensions, which also pushed crude oil prices higher.

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

Rediff.com13 Jul 2026

BikeWo Green Tech and Kwik Flite Support have signed an initial pact to develop an integrated air cargo, aviation logistics, and multimodal freight platform. This collaboration aims to combine road mobility with aviation capabilities to serve various industries, focusing on high-value and time-sensitive logistics across India, including Tier-II and Tier-III cities.

Pvt sector enters India's critical minerals race with Indonesia deal

Pvt sector enters India's critical minerals race with Indonesia deal

Rediff.com7 days ago

Hyderabad-based Midwest Ltd has become the first Indian private company to secure overseas critical mineral mines, sealing a deal with Indonesia's state-run PT Perusahaan Mineral Nasional (PERMINAS) to ensure a long-term supply of rare earths.

Realme C100x Brings 45W Fast Charging, 50MP AI Camera...

Realme C100x Brings 45W Fast Charging, 50MP AI Camera...

Rediff.com2 days ago

The Realme C100x has arrived in India as a budget-friendly smartphone packed with practical features. It combines a 120 Hz display, an AI-powered 50 MP camera, and a massive 8,000 mAh battery with 45 W fast charging, while offering MIL-STD-810H durability and IP64-rated protection.

India's first hydrogen train set for commercial debut soon

India's first hydrogen train set for commercial debut soon

Rediff.com7 days ago

The Northern Railway is expected to soon announce the date for the commencement of commercial operations of the country's first hydrogen-powered train after Prime Minister Narendra Modi inaugurated it on the Jind-Sonipat route in Haryana on Friday.

US, Japan Hold Key Patents In Rare Earth Tech, Study Finds

US, Japan Hold Key Patents In Rare Earth Tech, Study Finds

Rediff.com5 Jul 2026

A new study reveals that despite China's significant control over global rare earth mining and processing, its dominance has a critical weakness: the US and Japan hold the majority of core patents for advanced rare earth functional material technologies. This technological gap means China lags in higher-value applications, impacting its strategic advantage in the industry.

NASA's Anil Menon, 2 Russians lift off on 8-month ISS mission

NASA's Anil Menon, 2 Russians lift off on 8-month ISS mission

Rediff.com15 Jul 2026

Nasa astronaut Anil Menon, along with Russian cosmonauts Pyotr Dubrov and Anna Kikina, has embarked on an eight-month mission to the International Space Station (ISS) aboard a Soyuz MS-29 spacecraft, lifting off from Kazakhstan.

Delhi govt approves bill for time-bound public services

Delhi govt approves bill for time-bound public services

Rediff.com15 Jul 2026

The Delhi government has approved a new bill, the Delhi (Right of Citizen to Time Bound and Ease of Delivery of Services) Bill, 2026, which aims to make time-bound delivery of government services a legal right for citizens. This reform seeks to enhance transparency, accountability, and efficiency through a technology-driven framework, including digital service delivery, automatic escalation for delays, and a grievance redressal mechanism.

Indian-Origin Astronaut Anil Menon Begins Eight-Month ISS Mission

Indian-Origin Astronaut Anil Menon Begins Eight-Month ISS Mission

Rediff.com14 Jul 2026

Indian-origin NASA astronaut Anil Menon, along with two Russian cosmonauts, has embarked on an eight-month mission to the International Space Station (ISS) aboard a Soyuz MS-29 spacecraft. This marks Menon's first spaceflight, where he will conduct scientific research and technology demonstrations focused on human space exploration, microgravity effects, and in-space production of advanced materials.

Platforms Told To Prevent Child Exploitation Content

Platforms Told To Prevent Child Exploitation Content

Rediff.com5 days ago

Experts urge internet platforms to adopt prevention-by-design and stronger AI systems to curb child sexual exploitation material and improve online child safety.

Delhi Development Authority Unveils Strict SOP Against Land Encroachment

Delhi Development Authority Unveils Strict SOP Against Land Encroachment

Rediff.com12 Jul 2026

The Delhi Development Authority (DDA) has introduced a new Standard Operating Procedure (SOP) to tackle land encroachment and unauthorised constructions in the capital. Following Lieutenant Governor Taranjit Singh Sandhu's directive for "zero tolerance," the SOP mandates demolition within 72 hours of detection by dedicated Quick Response Teams and flying squads. The policy also incorporates technology like geo-tagging and drone inspections, alongside continuous monitoring to prevent re-encroachment.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com1 days ago

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com1 days ago

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

Alienware 15: 7 Reasons It's A Serious Gaming Laptop

Alienware 15: 7 Reasons It's A Serious Gaming Laptop

Rediff.com16 Jul 2026

The Alienware 15 is built for gamers and is equipped with AMD Ryzen processors, Nvidia GeForce RTX graphics, a fast 165Hz display and Alienware's advanced Cryo-tech cooling system.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com4 days ago

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com4 days ago

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

Vikram-1, India's first privately-built orbital rocket, to lift off on July 18

Vikram-1, India's first privately-built orbital rocket, to lift off on July 18

Rediff.com16 Jul 2026

Skyroot Aerospace is set to launch the maiden test flight of its orbital-class rocket, Vikram-1, from SDSC-SHAR on July 18, marking a significant milestone for India's private sector in the global launch business.

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Rediff.com19 hours ago

Indian benchmark indices, Sensex and Nifty, recorded their fifth consecutive day of losses, driven by investor caution over rising oil prices due to West Asia tensions and renewed concerns regarding US trade tariffs.

Why Wipro's Q1 Net Profit Was Flat

Why Wipro's Q1 Net Profit Was Flat

Rediff.com7 days ago

Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

Rediff.com14 Jul 2026

HDFC Bank, India's largest private sector lender, reported a reduction of 3,343 employees in FY26, bringing its total workforce to 2,11,178, even as its balance sheet expanded by 12 per cent. The bank's MD and CEO, Sashidhar Jagdishan, attributed the headcount reduction to redeploying talent from back-end functions to customer-facing roles due to technology-led efficiencies. The annual report also addressed the challenging resignation of part-time chairman Atanu Chakraborty, which raised questions about the bank's governance standards.

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Rediff.com10 Jul 2026

Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.

Delhi High Court Rules In Favour Of AI Development

Delhi High Court Rules In Favour Of AI Development

Rediff.com17 hours ago

The Delhi High Court has dismissed a lawsuit by news agency ANI against OpenAI, ruling that ChatGPT's use of copyrighted material for training large language models (LLMs) constitutes fair dealing under the Copyrights Act. The court emphasised that restraining AI development would be detrimental to India's growth in the field and public interest.

Sitharaman: Hurry Up Tax Appeals

Sitharaman: Hurry Up Tax Appeals

Rediff.com2 hours ago

Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.

BRICS Countries Unite To Build Resilient Digital Healthcare Systems

BRICS Countries Unite To Build Resilient Digital Healthcare Systems

Rediff.com19 hours ago

The CEO of the National Health Authority, Sunil Kumar Barnwal, highlighted BRICS nations' shared aspiration for connected, patient-centric, and resilient healthcare systems through digital health infrastructure and responsible AI. Discussions at the 16th BRICS Health Ministers' meeting focused on overcoming challenges like limited interoperability and workforce constraints, with countries like Brazil and Indonesia sharing successful digital health initiatives.

Time To Make India Attractive To Foreign Capital

Time To Make India Attractive To Foreign Capital

Rediff.com2 days ago

That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.

Nasscom Urges Focus On Deep Engineering Skills Amid AI Adoption

Nasscom Urges Focus On Deep Engineering Skills Amid AI Adoption

Rediff.com14 Jul 2026

Nasscom has warned that India's technology workforce risks becoming merely AI-reliant rather than truly AI-native if deep engineering expertise is not preserved. The industry body highlights that while many professionals adopt AI, only a fraction are AI-native, necessitating a shift in academic and industry approaches to foster foundational skills and independent problem-solving.

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

Rediff.com1 days ago

L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.

Somanath Joins Agnikul Ahead Of Mission 02

Somanath Joins Agnikul Ahead Of Mission 02

Rediff.com7 days ago

The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.

Rishad Premji On How AI Is Transforming Wipro's Client Operations

Rishad Premji On How AI Is Transforming Wipro's Client Operations

Rediff.com15 Jul 2026

Wipro Executive Chairman Rishad Premji announced that clients are now integrating Artificial Intelligence (AI) into their core business processes, moving past initial pilot projects. Speaking at the company's AGM, Premji highlighted AI's role in driving innovation, efficiency, and growth, and noted Wipro's internal AI adoption has significantly streamlined operations.

Moments That Defined 2026 World Cup

Moments That Defined 2026 World Cup

Rediff.com3 days ago

From Lionel Messi and Cristiano Ronaldo to Cape Verde's fairytale run, VAR controversies and unforgettable fan moments, relive the memories that made the 2026 FIFA World Cup the biggest and most dramatic tournament in history.

Over $11 Billion in Pre-listing Lock-ins to Expire by September

Over $11 Billion in Pre-listing Lock-ins to Expire by September

Rediff.com8 Jul 2026

Pre-listing shareholder lock-ins for 53 companies, valued at $11 billion, are set to expire between July and September, according to an analysis by Nuvama Institutional Equities, though not all shares are expected to flood the open market.