Latest News, Updates & Breaking Headlines
Tensions in the Middle East have reached a critical level. Iran’s Islamic Revolutionary Guard Corps (IRGC) has threatened major American technology and aerospace companies, including Instagram, Facebook and WhatsApp-parent company Meta, Google and Apple, with an attack and urged the staff to evacuate their office in the region. The Iran’s multi-service primary force has said…
Amazon, Microsoft, and other American tech firms have also joined in on the wave of online responses to the theft of 12 tonnes of KitKat bars in Europe. The companies have posted “(un)official statements” that are humorous but also serve to distance them from the theft while promoting their products. The trend began with Nestle’s…
Historically, companies maintained a sizeable bench by hiring in anticipation of future projects. (AI image) Indian IT sector majors – Tata Consultancy Services (TCS), Wipro, Infosys, HCL Tech, and Tech Mahindra – have seen their bench strength drop by 25% in the last two years. Bench strength acts as a traditional reserve workforce with an…
MUMBAI: Corporate India is stepping up investments in the country’s sports ecosystem, with capital flowing into infrastructure, leagues and athlete development, as the sector emerges as a high-growth business opportunity backed by rising returns and policy support.Industry experts say the trend has accelerated over the past few years, with both govt spending and private participation…
NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning — subsidies will not flow to companies that treat India as a factory floor without building design muscle.Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on…
NEW DELHI: The penalty on nine carmakers that failed to meet the Corporate Average Fuel Efficiency (CAFE-2) targets for three years — FY23 to FY25 — has been revised to Rs 2,728 crore, as per power ministry’s presentation made to the PMO last week. Earlier, the penalty was estimated around Rs 7,800 crore.Earlier, penalty was…
Meta acquired Manus AI startup for $2 billion last year, but the deal has now come under scrutiny from Chinese authorities, highlighting rising tensions over cross-border tech deals. The Chinese government is currently reviewing whether the transaction violated rules related to technology exports and overseas investments. The development has drawn attention across the tech industry,…
Shark Tank judge and Shaadi.com founder Anupam Mittal recently shared a LinkedIn post where he said that the idea that ‘Bharat doesn’t pay’ is a “lazy and expensive excuse”. Instead, Indians are willing to pay for a product or a service if they see real value in it. In the post, Mittal cites his own…
NEW DELHI: The Centre stepped in to shield consumers and oil companies from the impact of high crude prices — which have surged 62% this month over Feb for Indian refiners — and slashed excise duty, a move that will leave a Rs 1.3 lakh crore hole for the exchequer.With fuel retailers, including IndianOil, Hindustan…
NEW DELHI: The Centre’s move to slash excise and impose windfall tax on diesel and aviation fuel will leave it poorer by around Rs 1.3 lakh crore if the energy crisis due to the West Asia conflict persists for a full year.An early resolution will reduce the pressure on oil prices and consequently on govt…
