K Krithivasan, CEO of TCS, believes the Indian IT services sector will not become obsolete by 2030, highlighting the industry’s resilience amid challenges.
Tag: Business
Vijay Kedia Acquires 1.1% Stake in Precision Camshafts Ltd
Vijay Kedia has purchased a 1.1% stake in Precision Camshafts Ltd for ₹14.1 crore, amidst the company’s recent financial turnaround.
Oracle India Severance Leaked: 12,000 Jobs Cut Amid Global Restructuring
Oracle has announced significant layoffs, impacting 12,000 employees in India as part of a global restructuring that affects 30,000 worldwide.
Tbpn: OpenAI Acquires : A Major Move into Media
OpenAI has acquired the Technology Business Programming Network (TBPN), a significant move into the media sector that underscores the growing intersection of technology and journalism.
Kavya Maran: A Rising Star in IPL Management
Kavya Maran, co-owner of Sunrisers Hyderabad, is making headlines in the IPL for her management decisions and personal life.
Doug McMillon Steps Down as Walmart CEO Amid AI Transformation
Doug McMillon has announced his resignation as CEO of Walmart, effective February 1, 2026, driven by the rise of artificial intelligence.
Meta Layoffs: A Major Shift in Workforce Strategy
Meta is preparing for its largest-ever layoffs, affecting up to 15,800 employees as it shifts focus to AI infrastructure.
OnePlus Shutdown: CEO Resignation Sparks Concerns
Following the resignation of CEO Robin Liu, OnePlus faces potential shutdowns in global markets, particularly impacting its operations in India.
Kal Somani Becomes New Owner of Rajasthan Royals
Kal Somani, a US-based entrepreneur, has officially acquired the Rajasthan Royals for USD 1.63 billion, with the deal set to finalize post-IPL 2026.
Meesho Share Price Experiences Significant Drop Amid Tax Demand
Meesho’s share price dropped significantly after the company received a substantial tax demand from the Income Tax Department.