Top-tier IT services firms, including TCS, Infosys, and Wipro, have initiated a firm but quiet trans...
Union Budget has proposed a uniform annual cap on employer contributions to social security ...
Global steel titan ArcelorMittal is evaluating a massive restructuring plan that could see thousands...
In a major move to address the “degree-vs-skills” gap, the Union Budget 2026-27 has tasked India’s premier professional bodies (ICAI and ICSI) with a mission to overhaul the nation’s employability. The Institute of Chartered Accountants of India (ICAI) and the Institute of Company Secretaries of India (ICSI) have been directed to design and launch intensive, […]
In a move that has surprised policy analysts, the Union Budget 2026-27 has significantly reduced the allocation for the PM Internship Scheme. The outlay for the ambitious youth employment program has been slashed by over 50% compared to the Budget Estimates (BE) of the previous fiscal year, raising questions about the pace of the scheme’s […]
Union Government has announced the formation of a high-level committee titled “Education to Employment and Enterprise” (EEE). This initiative, unveiled as part of the Union Budget 2026-27 roadmap, aims to bridge the widening gap between academic qualifications and industry requirements while fostering a culture of entrepreneurship across the country. The Triple ‘E’ Vision The committee […]
Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 today, bringing significant relief to the salaried class and middle-income tax payers. In a move aimed at boosting disposable income and consumption, the government has overhauled the New Tax Regime, providing higher exemption limits and revised tax brackets. Revised Slabs for 2026-27 The highlight of the […]
Software giant Oracle is reportedly weighing a massive workforce reduction that could impact between 20,000 and 30,000 employees. This potential move, the largest in the company’s history, comes as “Big Red” scrambles to finance a staggering $300 billion, five-year commitment to Sam Altman’s OpenAI while facing a tightening credit market in the United States. The […]
As Finance Minister Nirmala Sitharaman prepares to table the Union Budget 2026-27 tomorrow, February 1, India’s technology and industrial leaders are calling for a shift from foundational growth to “scale and trust.” With India’s real GDP projected to grow at a robust 7.4%, the industry pulse suggests that the next phase of the “Viksit Bharat 2047” […]
Strengthening its commitment to the “City of Joy,” the KPMG Global Services Delivery Platform (KGSDP) has officially inaugurated its new, specialized Tax office in Kolkata. The expansion marks a significant milestone for the firm, which has seen its local workforce grow from a small team of 50 to over 200 highly skilled professionals in just […]
Banking services across India are braced for a significant disruption as major bank unions have officially announced their decision to join a nationwide general strike on February 12, 2026. The call, led by prominent bodies including the All India Bank Employees’ Association (AIBEA) and the All India Bank Officers Association (AIBOA), marks a unified front against […]
IBM has secured a massive office space in Gurugram through a long-term lease agreement valued at approximately ₹180 crore. The 10-year deal underscores the enduring appeal of the National Capital Region (NCR) as a primary hub for multinational corporations looking to expand their digital and engineering footprints in South Asia. IBM Strategic Expansion in Cyber […]
Online gaming and interactive media startup Zupee has announced its second major round of job cuts in less than six months, laying off approximately 200 employees. This latest reduction, representing nearly 40% of its remaining workforce, follows a massive structural shift in India’s gaming landscape triggered by the “Promotion and Regulation of Online Gaming Act, 2025.” […]
Ola Electric, India’s leading electric two-wheeler manufacturer, has initiated a restructuring exercise that will see the company trim its workforce by approximately 5%. This move, affecting roughly 500 to 600 employees, comes as the Bhavish Aggarwal-led firm intensifies its focus on achieving operational profitability and streamlining internal efficiencies following its recent public listing. Ola Electric […]
