April 2, 2026

companies

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Zoho founder Sridhar Vembu: Dominance of Indians in American technology companies is no conspiracy, it was consequence of…

contact@dailyupdatesindia.com03 mins

Zoho CEO Sridhar Vembu has offered a fresh perspective on why Indian professionals dominate leadership roles at American technology companies, explaining how America’s lengthy H-1B visa and green card processes inadvertently created a pool of committed tech talent rather than any deliberate strategy. The immigration system’s restrictions made job switching risky, fostering long-term loyalty that…

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GST exemption hurting insurance brokers! Private insurance companies reduce commissions – to offset loss of input tax credit

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After the removal of GST on insurance from 22 September, all insurance companies passed on the benefits to policyholders. (AI image) Insurance buyers may be feeling happy after the removal of GST, but agents and distributors are feeling the pinch. Insurance companies have reduced the commissions payable to distributors of insurance products to offset the…

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Revision in H-1B visa rules: List of five additional immigration restrictions proposed by the US government on how companies use H-1B visa and who qualifies

contact@dailyupdatesindia.com02 mins

The Trump administration recently announced a $100,000 annual fee on H-1B visa applications starting September 21. Now, the US government is planning to bring more changes to the H-1B visa rules. The Department of Homeland Security has published its regulatory agenda recently proposing new changes to the H-1B visa category. Titled “Reforming the H-1B Nonimmigrant…

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US imposes new restrictions on Chinese technology companies, angry China says: Would take …

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The Trump Administration has intensified its crackdown on Chinese technology companies, expanding export restrictions to include subsidiaries of companies already on the US Department of Commerce’s entity list. The move, aimed at closing a significant loophole in existing sanctions, has sparked sharp criticism from Beijing as tensions in the US-China technology race continue to mount….

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White House shelves tariffs on generic drugs, sparing bitter pill for American patients and Indian pharma companies

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The TOI correspondent from Washington: The Trump White House has shelved plans to impose tariffs on generic drug imports in a retreat that will come as a relief to Indian pharmaceutical companies, which account for nearly 50 per cent of generic prescriptions in the US. As importantly, it has also calmed millions of Americans who…

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IBM Consulting head Mohamad Ali warns, consulting companies that do not … will be killed

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IBM Consulting’s head, Mohamad Ali, has important advice for consultancies. He believes consultancies must reinvent themselves as software companies to remain viable in the age of artificial intelligence (AI). In a recent interview, Ali stated that this major rethink is required due to increased competition from technology companies and growing scepticism from clients regarding traditional…

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Desi CEO Aravind Srinivas to companies: Perplexity’s Comet browser can replace your next hire; ‘Instead of hiring one more person…’

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Aravind Srinivas, desi CEO and founder of Perplexity AI, has stated that the startup’s new AI browser, Comet, can boost productivity so significantly that companies can skip hiring new employees. He characterised the artificial intelligence (AI)-powered web browser as a ‘true personal assistant,’ allowing users to complete more tasks in the same amount of time….

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Former Cisco CEO’s dangerous prediction goes beyond AI will destroy jobs; says 50% of Fortune 500 companies will disappear

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Former Cisco Systems CEO John Chambers has issued a stark warning about the future impact of artificial intelligence (AI). While concerns about AI replacing human jobs have already been widely discussed, Chambers believes the disruption will go far deeper. “You are probably going to see 50% of the Fortune 500 companies disappear and 50% of…

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Enhance tax certainty for foreign companies: Niti Aayog

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NEW DELHI: Govt’s policy tank Niti Aayog proposed a comprehensive designed framework to enhance tax certainty and predictability for foreign investors. It recommended the introduction of an optional, industry-specific presumptive taxation scheme for foreign firms.Releasing a working paper on Friday, it also backed broader legislative clarity, administrative efficiency, robust dispute resolution mechanisms, and strategic alignment…

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