The U.S. Department of Labor DOL has officially proposed a transformative rule that would signific...
In a landmark shift toward banking-style convenience, the Employees Provident F...
Despite a significant surge in app-based services across Odisha, registration of gig and platform wo...
Microsoft has reportedly instructed managers across its major revenue-generating divisions, including Azure Cloud and North American Sales, to suspend new hiring. The directive, which surfaced in late March 2026, aims to protect profit margins and rein in costs as the company approaches the end of its fiscal year in June. Managers have been told to halt recruitment for […]
Nokia has commenced a significant organizational restructuring in India, signaling a new phase in its global cost-cutting initiative. Reports from late March 2026 indicate that the company plans to reduce its Indian workforce by approximately 20%, potentially impacting over 3,000 employees. This move is part of a broader global strategy to eliminate up to 14,000 roles—nearly one-fifth […]
Bengaluru-based startup Sarvam AI is reportedly in advanced discussions to raise between $200 million and $250 million. The funding round, expected to be led by US chipmaker Nvidia and venture capital giant Accel, with participation from Indian IT major HCLTech, could value the company at approximately $1.5 billion. A Strategic Alliance for Infrastructure and Deployment If finalized, this investment would mark one of […]
Meta Platforms Inc. has initiated a fresh round of layoffs, affecting approximately 700 employees across several key divisions. The job cuts, which began on March 25, 2026, primarily target the Reality Labs virtual reality unit, alongside teams in recruitment, sales, and global operations. This marks the second time Meta has trimmed its workforce in 2026, following a 10% reduction in […]
HDFC Bank, has been plunged into a governance crisis following the abrupt resignation of its Non-Executive Chairman, Atanu Chakraborty. While his official letter cited “ethical differences,” explosive reports from the Financial Times and The Economic Times suggest a deep-seated power struggle with CEO Sashidhar Jagdishan was the true catalyst for the departure. The Flashpoint: Tenure and Strategy The friction between the two […]
European fintech powerhouse Revolut has announced a massive expansion of its Indian operations, revealing plans to base approximately 40% of its global workforce in the country by the end of 2026. On March 26, 2026, the company confirmed it will add 1,600 new roles to its India-based Global Capability Centre (GCC), bringing its total domestic headcount to […]
Edtech unicorn upGrad has signed a definitive term sheet to acquire its rival Unacademy in an all-stock transaction. Announced in mid-March 2026 by founders Ronnie Screwvala and Gaurav Munjal, the deal signals a massive consolidation as the industry pivots from pandemic-era hyper-growth toward sustainable, AI-driven operations. upGrad Acquires Unacademy: The “Full-Stack” Education Vision The merger creates an edtech powerhouse […]
Salesforce has joined a growing list of Big Tech firms overhauling their compensation models, confirming it will skip base salary hikes for senior staff this year. In an internal memo issued in late March 2026, the CRM leader announced that merit-based raises will be reserved exclusively for employees at the Senior Manager level (Grade 8) and […]
Nokia has announced a significant restructuring of its leadership in India, appointing Samar Mittal as India Country Business Leader and Vibha Mehra as India Country Manager. Effective April 1, 2026, this renewed model is designed to sharpen Nokia’s business focus and strengthen its presence in one of the world’s most dynamic technology markets. Driving Business Strategy and AI Integration […]
Infosys, India’s second-largest IT services provider, has announced a major inorganic growth push by entering into definitive agreements to acquire two U.S.-based firms for a combined value of $560 million. On Wednesday, March 25, 2026, the company confirmed the acquisition of healthcare digital transformation leader Optimum Healthcare IT for $465 million and insurance technology specialist Stratus for $95 million. […]
South Korea’s leading conglomerates, including Samsung Electronics and SK Group, have initiated urgent energy-conservation measures following a government call to action. On Wednesday, March 25, 2026, the companies issued internal notices urging employees to reduce private car usage and adhere to strict fuel-saving protocols in response to escalating energy supply risks linked to Middle Eastern […]
