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Salesforce announced the latest round of layoffs along with a severance package, which has generated...
Unilever has opened a new Unilever Fragrance House UFH hub in Mumbai as part of its million g...
According to media reports, Indias largest IT services company, Tata Consultancy Services TC...
IT services company Hexaware Technologies has opened a new TechFin Centre at GIFT City in Gandhinagar, Gujarat, strengthening its presence in the banking, financial services, and insurance (BFSI) sector. The company currently has around 250 employees at the facility and plans to increase the workforce to 1,000 over the next three years. The new office […]
EY Global Delivery Services (GDS) has launched the ey.ai Center for Reimagination in Bengaluru. Spread across 40,000 square feet, the center is designed to help businesses understand how artificial intelligence (AI) and other technologies can impact industries, jobs, and business operations. The launch is part of EY’s previously announced investment of US$1.4 billion in AI. […]
The new MANGOS market paradigm is rapidly gaining prominence in Silicon Valley as Wall Street moves away from legacy acronyms like “FAANG” and the “Magnificent Seven.” The new moniker represents six corporate titans: Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX. Shifting From Platforms to Deep Tech The transition from FAANG to MANGOS signals a profound shift in how the global technology industry generates […]
Indian fintech pioneer Paytm has announced a comprehensive structural restructuring. The company is aggressively steering its core platform towards an artificial intelligence-driven ecosystem. As part of this overarching strategic pivot, the digital payments giant plans to recruit roughly 4,000 new professionals over the next nine months. This will result in an approximate 10% expansion of […]
Reaffirming that human resources remain a central pillar of growth despite rapid digital transformation, India’s state-owned banks expanded their hiring significantly. According to data compiled from annual bank disclosures for the financial year ended March 31, 2026, eight of the country’s twelve public-sector banks (PSBs) collectively added 13,223 professionals to their payrolls. This hiring surge […]
Tech giant Microsoft has implemented internal operational restrictions blocking its employees from utilizing Anthropic’s flagship artificial intelligence model, Claude Fable 5. The sudden policy enforcement stems from a critical legal and security impasse regarding mandatory, non-configurable data retention clauses appended to the newly released architecture. The restriction creates a rare corporate paradox. While Microsoft engineers […]
India’s largest IT services exporter, Tata Consultancy Services (TCS), has officially inaugurated the nation’s first Oracle AI Data Platform Lab and Center of Excellence (CoE). Located at Delta Park Lords in Kolkata, the specialized facility marks an intensification of TCS’s 35-year strategic alliance with Oracle, focusing squarely on transitioning enterprise artificial intelligence from experimental pilots […]
India’s second-largest software services exporter, Infosys Ltd., anticipates a net positive financial benefit from its artificial intelligence (AI) implementations over the medium-to-long term. The corporate outlook follows high-level institutional meetings with JM Financial, where the tech giant mapped its evolving business architecture against a landscape disrupted by generative and agentic AI. The baseline growth strategy […]
Samsung Group has launched a sweeping corporate initiative designed to fundamentally reshape its operational framework. Dubbed the “AI Transformation” (AX) program, the South Korean conglomerate has officially granted its global workforce permission to utilize prominent external generative AI tools, reversing prior conservative stances on commercial AI software. Effective immediately, Samsung personnel across various business units […]
Global IT consulting heavyweight Accenture has rolled out a sweeping overhaul of its worker compensation framework, structurally altering how salary increases are disbursed. Under a new system launched for the June 2026 compensation cycle, the company is splitting approved “stay-at-level” performance raises equally between permanent base pay increases and a one-time cash bonus. The revised […]
Moving beyond simple productivity gains, global IT services provider Cognizant Technology Solutions has unlocked a fresh revenue streams through an internal artificial intelligence deployment. The company revealed it has generated roughly $200 million in incremental sales pipeline. This milestone was achieved simply by analyzing everyday communication data across its workforce. The strategy relies on a […]
Indian IT services major Infosys Limited has abruptly deferred online assessment tests and in-person evaluations for more than 20,000 job applicants. The drastic suspension follows the discovery of widespread malpractice, candidate impersonation, and fraudulent test-taking schemes designed to game the company’s digital screening pipeline. The pause explicitly disrupts hiring rounds for two premium entry-level technical […]
