Telegram CEO Pavel Durov has accused Reliance Group, which has a partial Meta stake, of lobbying for a ban on Telegram in India and sabotaging its access for users outside India through BGP hijacking. A senior telecom industry source dismissed these claims as 'fake news,' stating Durov confused Reliance Communications with Reliance Industries Ltd. The allegations come as the Indian government has ordered Google and Apple to delist Telegram temporarily and disable its message-editing feature in India due to concerns over paper leaks in the NEET-UG examination.
'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'
Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.
Perplexity CEO Aravind Srinivas unveiled the company's vision for AI operating systems at COMPUTEX 2026, highlighting Perplexity Computer's ability to coordinate multiple AI models and balance performance with privacy and cost. He emphasised the growing trend of hybrid AI, combining local device processing with data centre capabilities, and acknowledged Intel's partnership.
The CEO of Noida-based IT firm ThynkTech India OPC Pvt Ltd has been arrested in connection with the sudden closure of its Pune branch, which left around 500 employees jobless. The company is accused of withholding salaries and financial irregularities.
Nvidia CEO Jensen Huang has publicly endorsed Marvell Technology as a potential 'trillion-dollar company,' citing its crucial role in developing advanced connectivity solutions for next-generation artificial intelligence infrastructure. This endorsement, made at Computex 2026, follows a significant Nvidia investment in Marvell and highlights the industry's shift towards optical interconnects to meet the demands of large-scale AI systems.
Outgoing Air India CEO Campbell Wilson stated that the airline's foundations have been rebuilt over the last four years, but non-delivery of aircraft on schedule has significantly impacted growth and fleet modernisation. He also revealed he has no plans to take up another full-time executive position after stepping down.
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
Delhi Police have registered a case against the CEO of a south Delhi-based company following a complaint by a former intern alleging sexual harassment, intimidation, and abuse of authority.
Google has removed the messaging app Telegram from its Play Store in India, with Apple expected to follow, in compliance with a government order aimed at preventing paper leaks during the upcoming NEET-UG re-examination on June 21. The government has also directed Telegram to temporarily disable its message-editing feature until June 30.
Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.
Delhi Police have registered a case against the CEO of a digital marketing firm following a sexual harassment complaint filed by a former intern.
Kapila Chandrasena, former CEO of SriLankan Airlines, was found dead at his home in suspicious circumstances after securing bail in a corruption case. He was charged with taking a kickback on aircraft purchases for the national carrier and had allegedly admitted to bribing former president Mahinda Rajapaksa.
"Excited to bring world's biggest sporting spectacles to Indian audiences": Zee CEO Punit Goenka after securing FIFA broadcasting rights till 2034
Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.
Kunal Shah, founder of CRED, has been appointed global head of WhatsApp, joining a growing list of Indian-origin executives leading major technology companies worldwide. This trend underscores the increasing demand for Indian talent in strategic leadership roles across Silicon Valley.
West Bengal's appointment of Manoj Agarwal, the former Chief Electoral Officer, as the new Chief Secretary has ignited a political firestorm, raising concerns about the fairness and impartiality of the state's electoral processes.
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.
What is the reason behind this drying up of talent for the top post in private banks?
Tim Cook will step down as Chief Executive Officer of Apple Inc. and take over as executive chairman of the company's board, with John Ternus set to become the new CEO from September 1, the company announced on Monday.
Apple has announced that John Ternus will succeed Tim Cook as CEO in 2026. Ternus, the current senior vice president of Hardware Engineering, will take over as Cook transitions to executive chairman of the board. This change marks the end of Cook's long tenure and the beginning of a new chapter for Apple.
Odisha's Chief Electoral Officer has ordered a thorough verification of nearly 1 million voter deletions following complaints of wrongful removals, particularly concerning deceased voters and those who may have shifted residences.
Infosys' board has approved annual performance-based stock grants worth Rs 51.75 crore for Chief Executive Officer and Managing Director Salil Parekh, aligning with his tenure ending in March 2027.
Vodafone Idea CEO Abhijit Kishore stated that the company will implement minor corrections to existing mobile tariffs, but does not plan an across-the-board hike in rates, driven by current market conditions.
Investors should do thorough due diligence when selecting a platform.
In the first three quarters of 2025, FDE job demand jumped by nearly 800 per cent.
Indian benchmark indices, Sensex and Nifty, experienced a significant drop of over 1 per cent, driven by a bearish trend in global markets, weakness in HDFC Bank and IT firms, and fresh foreign fund outflows.
The Indian stock market's movement this week will be significantly influenced by the outcome of US-Iran talks, global crude oil prices, and the trading activities of foreign institutional investors (FIIs), according to market analysts.
Indian stock markets, including the Sensex and Nifty, rebounded significantly, driven by a decline in crude oil prices and positive global cues stemming from hopes of diplomatic progress in US-Iran negotiations.
Perplexity CEO Aravind Srinivas presented the company's vision for advanced AI operating systems at COMPUTEX 2026, detailing how Perplexity Computer orchestrates up to 20 AI models for efficient task management. The system uses hybrid agentic inference to balance performance, privacy, and cost by deploying models locally or via data centres based on task complexity, a concept supported by Intel CEO Lip-Bu Tan's focus on on-device AI.
West Bengal's Chief Electoral Officer is reviewing CCTV footage following allegations by the Trinamool Congress that a BJP representative improperly submitted voter enrolment forms. The investigation aims to address concerns about potential violations of electoral regulations and ensure the integrity of the voter list.
Seventeen sports will feature at the 2030 Commonwealth Games in Ahmedabad, which is set to be staged at around 60 per cent lower cost than previous editions as part of the Commonwealth Sport's revamped hosting model.
Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.
Jamco Interiors, a global supplier of aircraft cabin systems, has opened a Centre of Excellence (COE) in Pune. This strategic move aims to meet the increasing demand for advanced cabin interiors in India's rapidly growing commercial aviation market and leverage local engineering talent for global aerospace programmes.
Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT, effective July 1.
'Instead of shouting or picking a fight, as soon as you feel yourself getting angry, remove yourself from the situation for a while,' advises rediffGURU Ravi Mittal, CEO of online dating website Quack Quack and Rebounce, a matrimony platform.
Students at Stanford University staged a walkout during Google CEO Sundar Pichai's commencement address, protesting the company's ties with the Israeli government, particularly its Project Nimbus cloud-computing deal.
The Indian Olympic Association (IOA) CEO Raghuram Iyer announced that India will send 125-130 athletes to the Glasgow Commonwealth Games, participating in eight able-bodied and four para sports. The IOA is also preparing for the Asian Games and is in talks with the IOC for India's 2036 Olympic bid in Ahmedabad, which is also set to host the 2030 CWG. Iyer clarified that the IOA will not interfere in athlete selection matters.
Former Wimbledon champion Marketa Vondrousova has been banned for four years after missing a doping test, leading the Professional Tennis Players Association (PTPA) to demand a greater say for athletes in anti-doping regulations. Vondrousova cited safety concerns for not opening her door to a doping control officer late at night, while the International Tennis Integrity Agency (ITIA) maintains that unpredictable testing is crucial for clean sport.
Instant messaging platform Telegram has been restored in India after a week-long government ban, imposed due to its alleged role in circulating leaked NEET examination papers, expired. The Delhi High Court had upheld the ban as lawful and necessary.