- Who is Prabhjeet Singh? IIT-IIM alumnus and Uber veteran named OpenAI's India MD June 27, 2026OpenAI has appointed Prabhjeet Singh as Managing Director for India. His experience includes leadership at Uber and a strong educational background.
- Anthropic's lowest-paid H-1B hire still earns over ₹1 crore, filings show, as its top techie gets ₹13.06 crore June 27, 2026New H-1B filings reveal Anthropic's pay bands, from ₹1.07 crore to ₹13.06 crore in base salary, as the AI lab races Meta, Google and OpenAI for talent.
- Ashok Vaswani to step down as Kotak Mahindra Bank CEO after 31 December June 27, 2026Kotak Mahindra Bank has initiated the process for the appointment of a new MD and CEO.
- Oracle layoffs: 500 more employees lose their jobs — What we know about the affected departments June 27, 2026Oracle has laid off around 500 employees in Romania as part of a global restructuring strategy focusing on cloud and AI. This marks the second round of job cuts in Romania, following a previous reduction of 400 positions last year. Details here.
- Persistent Systems makes its biggest bet yet with $1.3 billion Nagarro deal June 27, 2026The acquisition would reorder India's IT rankings, propelling Persistent to the seventh spot in India's IT pecking order.
- Domestic PCB manufacturing to save Rs 40,000 crore imports annually: Ashwini Vaishnaw June 27, 2026India is poised to drastically cut down its dependency on imported Printed Circuit Boards (PCBs), creating an annual savings of around ₹40,000 crore. Union Minister Ashwini Vaishnaw highlighted that Jewar, Uttar Pradesh, is on track to evolve into a key electronics manufacturing center.
- ₹3,692-crore elevated corridor to redefine Imphal’s skyline June 27, 2026Manipur is set to get a massive 25-km elevated corridor in Imphal, a Rs 3,691 crore project aimed at easing traffic and boosting development. The Detailed Project Report has been transferred to NHIDCL, with approval anticipated before the March-April 2027 elections. This ambitious infrastructure initiative promises to transform urban mobility, connect key ar […]
- New GST jurisdiction to handle pending cases after business shift: CBIC June 27, 2026Taxpayers shifting their business location will now have their ongoing tax proceedings seamlessly transferred to the new jurisdictional authority. The Central Board of Indirect Taxes and Customs clarified that any investigations or notices issued by the previous authority remain valid and will be continued by the new one. This move aims to streamline process […]
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EY June 27, 2026India's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, according to EY India. This will bolster tax revenues, helping the government manage finances despite potential increases in subsidy spending. While real growth may moderate, a projected nominal GDP growth of around 12. […]
- India’s first hydrogen-powered train successfully completes trial run between Delhi & Jind June 27, 2026
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