Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.
Zoho Corporation Founder Sridhar Vembu has echoed IBM CEO Arvind Krishna's concerns about a potential "bubble" in the multi-trillion dollar AI data centre build-out. Vembu stated that Zoho will adopt a measured approach, investing in AI capabilities like data curation and compiler infrastructure, but will not chase the current investment spree, contrasting with other global tech giants' massive spending.
Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.
A leader can spend authority on themselves -- on appearing decisive, on appearing in control, on appearing irreplaceable. Or they can spend it on the people around them -- on giving them the ball back, on creating conditions in which other people's confidence and capability can grow. Over a long enough horizon, the second compounds in a way the first never does. And that's exactly what Microsoft Chairman and CEO Satya Nadella has done.
'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'
A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.
Microsoft Corp has restored all services -- including email access -- to Russian oil giant Rosneft-backed Nayara Energy, just before a scheduled hearing in the Delhi high court over the service suspension.
India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.
Infosys has been recognised as the leading company for career growth in India, according to LinkedIn's '2026 Top Companies' list. The list, dominated by tech firms, consulting giants, and financial institutions, also features Accenture, Amazon, JPMorgan Chase, and SAP in the top five.
Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.
The Haryana government is launching an initiative to equip its employees with artificial intelligence (AI) skills through the iGOT Karmayogi platform, aiming to enhance governance and public service delivery.
Iran's Islamic Revolution Guards Corps (IRGC) has issued a chilling ultimatum to 18 major American corporations, warning that their regional infrastructure will be targeted following allegations of their involvement in hostile operations.
Amar Subramanya's appointment comes as John Giannandrea, Apple's senior vice-president for machine learning and AI Strategy, prepares to step down, transitioning to an advisory role before retiring in spring 2026.
US Representative Greg Steube, a Republican from Florida, introduced the 'Ending Exploitative Imported Labour Exemptions Act or EXILE Act', a bill that would amend the Immigration and Nationality Act by ending the H-1B visa programme.
Professionals will be required to either learn new tech skills that focus on AI, cloud computing, or risk becoming obsolete, says Arun Prakash M.
The Telangana government plans to name a road after Ratan Tata. Other roads may be named after Google, Microsoft and Wipro.
'We do not need short-term measures but long-term ones. Companies seem to have given up on the infrastructure part. Long delays are fuelling more traffic crisis.'
'The day that the market realises that they've overspent (on AI) and there's a sudden collapse in the capex, then India can start outperforming again.'
As India's biggest Unified Payments Interface (UPI) app PhonePe prepares to list, the updated draft red herring prospectus (DRHP) shows the impact of regulations on the business, and concentration of payments-linked revenue even as UPI lacks MDR (merchant discount rate).
Texas Governor Greg Abbott has directed state agencies and public universities to suspend new H-1B visa petitions through May 2027, a move likely to affect Indian professionals. The order comes amid ongoing debate over skilled immigration and potential impacts on academic research and innovation.
Tech giant Microsoft Corporation has invested nearly $5 million (about Rs 37 crore) in OYO through the issuance of equity shares and compulsory convertible cumulative preference shares on a private placement basis by the latter, according to a regulatory filing by the hospitality chain. An extraordinary general meeting of Oravel Stays Pvt Ltd (OYO), which runs the OYO Rooms chain of hotels, on July 16 approved issue of the equity shares and Series F2 compulsory convertible cumulative preference shares (Series F2 CCCPS) for "an aggregate consideration amounting to rupee equivalent of $4,971,650 to Microsoft Corporation on a private placement basis", as per an RoC filing by the company.
...compared with 153,000 in all of 2024.
'I don't see how a company like OpenAI can honestly expect to generate revenue significant enough to maintain its spending habits via John and Jane Q. Public,' points out Sree Sreenivasan.
The future belongs to those who move fast, use AI deeply and focus relentlessly on customer impact.
Tata Consultancy Services (TCS), Cognizant and eight other major corporations have been questioned by US Senators for filing thousands of H-1B skilled labour visa petitions after conducting "mass layoffs" of American employees.
'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'
'More and more people from the middle class will become self-employed gig workers mostly working from home, rather than as office workers with salary, promotion, bonuses, etc.'
Microsoft Corporation India on Tuesday outlined its vision for how people, armed with the right software, are the key to driving business success. \n
Global tech giants surprisingly prefer skills over IIT and IIM tags which no longer guarantee entry into the world's most innovative workplaces.
Software giant Microsoft Corporation on Saturday entered into a multi-pronged partnership with the Uttar Pradesh government to promote e-governance and improve IT literacy in the state.
Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Thursday fixed a price band of Rs 95-100 per share for its upcoming Initial Public Offering (IPO), targeting a valuation of over Rs 61,700 crore (about $7 billion). The company's Rs 6,632 crore IPO would open for public subscription on November 4 and conclude on November 7, according to a public announcement.
India hosts the event from a position of unprecedented strength with a string of titles under its belt.
The Microsoft Corporation India on Wednesday signed a memorandum of understanding with the Punjab Government for jointly developing and deploying an array of technology for e-governance in the state.
The West Bengal government said it was ready to provide all kinds of support for development of the IT industry.
5 simple ways you can protect your passwords from being stolen by hackers.
AI will erase outsourcing jobs, redefine skills and disrupt global giants within five years, predicts Vinod Khosla. The IT legend urges young people to become generalists: Adaptable thinkers who can learn quickly, connect dots across disciplines and shift careers as technologies evolve.
Microsoft Corporation India on Monday announced that Project Shiksha, the company's initiative to accelerate IT literacy among government school teachers and students, has trained 200,000 teachers till date.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
A 10-part series that explains all you want to know about how India's EPF turns a slice of your monthly salary into long-term savings, pension, and life insurance.
