Abtak Logo

Technology News

Is India ready for the AI revolution? The rapid advancements in artificial intelligence, from generative AI tools to sophisticated machine learning algorithms, are transforming industries across the nation. From fintech's burgeoning use of AI-powered fraud detection to the agricultural sector's embrace of precision farming technologies, the impact is undeniable. This week saw a major breakthrough in indigenous 5G technology development, signaling India's growing prowess in the global tech landscape. But alongside this progress comes the crucial discussion surrounding data privacy, cybersecurity, and the ethical implications of AI deployment. How will India navigate these challenges and harness the transformative power of technology for inclusive growth? Explore the latest developments in Indian tech, from the rise of digital payments to the burgeoning startup ecosystem, and discover how innovation is shaping the nation's future. Stay informed with Abtak.com – your gateway to understanding the tech revolution reshaping India.

36
TechnologyMar 31, 2026 07:42 PM

Oracle Layoffs: Abrupt 6 AM Job Cuts, No Warning Leave Employees Shocked | 📲 LatestLY

Bengaluru, March 31: Fresh concerns over potential layoffs at Oracle Corporation in India have triggered anxiety across the tech sector, after multiple employees claimed they were abruptly terminated early Tuesday morning through emails sent around 6 AM IST. According to posts circulating on platforms like Reddit and other online forums, several employees reported being locked out of their work systems almost immediately after receiving termination emails. The sudden and impersonal nature of the process has drawn widespread criticism, with many alleging there was no prior communication from managers or HR. Oracle Layoffs 2026: Tech Giant May Cut 30,000 Jobs Amid AI Spending Surge. Early accounts suggest the layoffs were carried out with little to no warning. Several employees claimed they lost access to internal systems within minutes of receiving the email, making the process feel immediate and final. "There was no one-on-one conversation, no heads-up. Just an email and then everything was gone," one user wrote online. While the exact scale of layoffs remains unconfirmed, discussions indicate that multiple teams across India may have been impacted. Some users alleged that entire teams saw significant reductions, while others claimed cuts of up to 20 to 30 percent in certain groups. Notably, there are also claims that even managers were not informed in advance about who would be affected. Unverified reports suggest that the layoffs were not limited to a single function. Employees across engineering, product, and solution roles are believed to be among those impacted. However, sources familiar with the situation indicate that hardware and sales divisions may have seen deeper cuts compared to other teams. This has led to speculation that the company could be restructuring its priorities, possibly shifting focus away from traditional enterprise offerings toward cloud and emerging technologies. However, Oracle Corporation has not officially confirmed any department-wise breakdown or strategic reasoning behind the reported layoffs. Morgan Stanley Layoffs: US-Based Investment Banker Lays Off 2,500 Employees, 3% of Its Global Workforce; Job Cuts Not Linked to AI. Another major point of concern emerging from employee discussions is the criteria used for layoffs. Several users challenged the idea that the cuts were performance-based, pointing to instances where recently promoted or high-performing employees were reportedly let go. "This doesn't look like performance cuts at all," one user claimed. "People who just got promoted or were rated highly are suddenly out." Such accounts have fueled speculation that cost-cutting measures, including reducing higher-salaried roles, may have played a role. However, these claims remain unverified, and the company has not issued any clarification. The reported layoffs have also raised questions about whether they are linked to broader industry trends, particularly the growing investment in artificial intelligence and cloud infrastructure. Over the past year, major tech companies have increasingly redirected resources toward AI-led growth, sometimes at the cost of workforce reductions in other areas. While there are unconfirmed claims linking the layoffs to Artificial Intelligence investments, Oracle Corporation has not publicly stated any such connection. Globally, there has been speculation that job cuts at the company could impact thousands of employees, but no official figures have been released so far. The situation in India remains particularly unclear, with varying accounts and no formal confirmation. One widely circulated message, believed to be part of the official communication sent to affected employees, reads: "We are sharing some difficult news regarding your position. Owing to certain organizational changes that are taking place in the company and after careful consideration of our current business needs, a decision has been taken to streamline the operations and as a result unfortunately the position you currently hold has become redundant. We want to assure you that this decision has been taken after thoughtful deliberation and has become inevitable in light of the need to restructure the business. We appreciate the work you have done for the company and want to assure you that this decision has not been made lightly. We are grateful for your dedication, hard work, and the impact you have made during your time with us. You are eligible to receive a severance package as part of your exit. HR will shortly send you the separation related documents, the details of the severance package and other resources to help you with the next steps. You will receive this by email. Starting today you will be placed on garden leave for the duration of your notice period and you are released from performing your duties for Oracle. During this period, access to all work related environment will not be available except limited access to email and laptop to enable you to complete the separation process. Thank you for your contributions to our organization." While the email mentions that affected employees will receive a severance package, it does not specify the details upfront. Instead, it states that HR will share complete information separately, including compensation, benefits, and next steps. As of now, there is no confirmed clarity on severance terms, leaving many employees waiting for individual communication. The lack of transparency has added to uncertainty and anxiety among those impacted. There are also scattered and unverified claims suggesting that freshers and recent hires could be indirectly affected, with some alleging revoked offers or uncertain joining timelines. However, these reports remain unconfirmed. This publication has reached out to Oracle Corporation for an official response. At the time of writing, the company has not commented on the reports. Until formal confirmation is provided, the situation remains based largely on employee accounts and online discussions. However, if verified, the reports highlight a growing trend in the tech industry where layoffs are increasingly sudden, digitally communicated, and often leave little room for transition. The unfolding developments have once again underscored the volatility in the global tech job market, where restructuring, cost pressures, and shifting priorities continue to shape workforce decisions.

Comments

Similar News

34
TechnologyNov 29, 2024 10:44 AM

Only 10% of Businesses Are Ready to Become Experience-Orchestrated, Highlighting Lack of Personalisation

* Commoditisation and similarity of products and services with competitors will have the most significant impact on how businesses deliver customer experiences over the next two years, according to the latest IDC InfoBrief commissioned by Affinidi * However, businesses who are looking to hyper-personalise their products as a competitive differentiator are facing several obstacles in addressing the privacy-personalisation dilemma, with 56% of them highlighting data collection and management to be a key challenge. * To truly enhance customer experiences through more personalised insights, they m ...Read More >

35
TechnologyDec 04, 2024 04:02 PM

Reddit post accuses Zepto of toxic work culture; CEO replies - Weekly Voice

New Delhi, Dec 4 (VOICE) Aadit Palicha, Co-founder and CEO of Zepto, on Wednesday said he is not against work-life balance and even recommends it to his competitors. Palicha's statement comes even as a viral post, on the American social media platform Reddit, accused the quick e-commerce platform of toxic work culture. "I have nothing against work-life balance. In fact, I recommend it to all our competitors :)," said the 22-year-old CEO, in a post on social media platform X. The Reddit post, by an anonymous user, alleged that Zepto's working environment was "toxic", with employees working ex ...Read More >

22
BusinessDec 04, 2024 05:38 PM

PURE EV Announces Aggressive Nationwide Expansion, PuREPower, and Global Growth Plans - Newspatrolling.com

Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >

23
TechnologyFeb 10, 2025 11:53 PM

IT firms intensify evaluation and assessment processes

BENGALURU: After two-and-a-half years' wait, many campus recruits got their jobs in Infosys in October last year, but at least 490 of them from the 2022 batch were laid off last week from the Mysuru campus. Infosys in a statement said all freshers get three attempts to clear the assessment, failing which they will not be able to continue with the organisation. However, a couple of trainees that this newspaper spoke to said it was a stringent assessment and that there was no mention of these three attempts in their offer letters. Have IT companies' assessments changed over the years? No, say H ...Read More >

28
BusinessJun 06, 2025 02:51 PM

UIDAI records over 211 Cr Aadhaar authentication transactions in May

New Delhi [India], June 6 (ANI): Aadhaar number holders carried out over 211 crores authentication transactions, pushing the total number of such transactions since Aadhaar's inception to more than 15,223 crores (152.23 billion), according to a release by the Ministry of Electronics & IT. The ministry reported that the transaction in May 2025 saw more transactions, as compared to the same month last year, when 201.76 Cr such transactions were carried out. This growth in number is a reflection of how Aadhaar-based authentication has been playing a facilitating role in effective welfare delive ...Read More >

20
TechnologyJun 08, 2025 10:55 PM

Govt to deploy AI officers in all departments | Bhubaneswar News - Times of India

Bhubaneswar: The state govt has mandated the appointment of dedicated Artificial Intelligence (AI) officers across all departments to drive digital governance following the state cabinet's approval of the Odisha AI Policy-2025 on May 28.As per the plan, each AI officer will lead a two or three-member team, including assistant section officers (ASOs) or section officers (SOs), focusing on implementing AI-driven solutions in their respective departments. "The AI officers will be selected based on their technological expertise. The ASOs or SOs, too, should have basic knowledge of technology and A ...Read More >

30
TechnologyDec 02, 2024 01:18 PM

Top 25 AI Companies Leading Innovation for 2025

The AI industry is rapidly evolving, with numerous companies leading breakthroughs across various sectors. AI innovations are transforming industries worldwide, from cloud computing and cybersecurity to healthcare and autonomous vehicles. This list of the top 25 AI companies highlights leaders in developing cutting-edge solutions, ranging from hardware and data analytics to generative AI and robotics. These companies are not only shaping the future of artificial intelligence but also paving the way for smarter and more efficient systems in everyday life. ...Read More >

21
TechnologyJan 21, 2025 11:39 AM

AI-Driven Data Creation to Spur Next-Wave Cloud Storage Growth, According to New Survey Commissioned by Seagate - APN News

New Delhi, India, January 20, 2025 - According to a recent, global Recon Analytics survey commissioned by Seagate Technology, business leaders from across 15 industry sectors and 10 countries expect that adoption of artificial intelligence (AI) applications will generate unprecedented volumes of data, driving a boom in demand for data storage, in particular cloud-based storage. With hard drives delivering scalability relative to terabyte-per-dollar cost efficiencies, cloud service providers rely on hard drives to store mass quantities of data. Recently, analyst firm IDC estimated that 89% of ...Read More >

34
OtherJun 08, 2025 11:00 AM

Infosys opens new development centre in GIFT City to build solutions forglobal BFSI clients

New Delhi, Jun 8 (PTI) Infosys has opened a new development centre at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to develop solutions for global Banking, Financial Services, and Insurance (BFSI) clients. The facility, designed to accommodate over 1,000 employees working in a hybrid model, was inaugurated by Gujarat Chief Minister Bhupendrabhai Patel. "It will function as a key TechFin hub, delivering advanced digital solutions for global BFSI clients. Its services will span critical domains including digital banking, regulatory affairs, trade finance, capital markets, c ...Read More >

35

World News | EAM Jaishankar's Europe Visit to Boost Strategic Ties with France, EU and Belgium | LatestLY

New Delhi [India], June 8 (ANI): External Affairs Minister S. Jaishankar will undertake an official visit to France, the European Union (EU), and Belgium from June 8 to 14, 2025, the Ministry of External Affairs announced in a press release on Sunday. The visit marks a significant step in further strengthening India's strategic partnerships with Europe. The EAM will first travel to Paris and Marseille, France, where he will hold bilateral discussions with the Minister for Europe and Foreign Affairs of France, Jean Noel Barrot. Also Read | Indian Citizen Dies in UAE: Civil Engineer Issac Paul ...Read More >

25
TechnologyDec 02, 2024 01:16 PM

PV installer earns $30,000 through DDB Miner By Bitcoin World

Bitcoin World - Let me start by saying that I made over $30,000 in passive income last month. I know, that sounds crazy, right? But I promise you it is 100% real. I used to think that making money while you sleep was something only the super wealthy or tech savvy could do. But it turns out it is totally possible, and I'm here to tell you how I did it," said Dennis. Dennis has been installing photovoltaic panels for three years, and five years ago he asked his wife a question: "Do we really have to work ourselves to death?" She simply responded: "That's life." "To be honest, it was frustratin ...Read More >

28
TechnologyDec 03, 2024 04:26 PM

Verizon Advances Fiber Network Capacity To Support AI Workloads

Trial conducted over a 118 km Boston metro route with 10 network hops and nine ROADMs. US wireless carrier Verizon has successfully tested the transportation of 1.6 terabits per second of data across a single wavelength on its live metro fiber network. Utilising Ciena's WaveLogic 6 Extreme (WL6e) coherent optical solution, the trial, conducted in Boston, demonstrated data travelling farther and faster across Verizon's fiber network. This upgrade enhances the network's ability to handle the workloads generated by artificial intelligence (AI) applications, particularly Generative AI, according ...Read More >

28
BusinessJun 09, 2025 04:55 AM

Over a dozen companies line up IPOs in 3-6 months - Times of India

NEW DELHI: After a sluggish start to 2025, the primary market is showing signs of revival with over a dozen companies having lined up their IPOs in the next three to six months buoyed by a stabilising secondary market and easing geopolitical tensions, merchant bankers said.Among the companies preparing to tap the capital markets are HDB Financial Services, a subsidiary of HDFC Bank, National Securities Depository Ltd (NSDL), Kalpataru, Rubicon Research, All Time Plastics, Regreen-Excel EPC India, and Paramesu Biotech, they added.Additionally, Credila, SK Finance, Veritas Finance, Paras Healthc ...Read More >

23

CM says govt can't disobey courts on demolition drive orders | Delhi News - Times of India

New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >

20
BusinessTechnologyNov 26, 2024 01:54 PM

Infosys hands out 85% average performance bonus fuelled by uptick in business

Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >

20
BusinessDec 12, 2024 05:15 PM

Business News | Navanc Raises Seed Funding to Revolutionize Secured Lending with AI-powered Property Score | LatestLY

Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Single-Day Act of Clemency. The funds will be directed toward expanding operations across India, with a ...Read More >

22
TechnologyDec 11, 2024 05:17 PM

Indian IT industry to see 30-35 pc high demand for niche tech roles in 2025 - ETCFO

News 2 min read Indian IT industry to see 30-35 pc high demand for niche tech roles in 2025 The Indian IT industry is projected to see 30-35 per cent increased demand for highly-specialised tech roles in 2025, along with increased spending on upskilling in the coming years, according to a new report. New Delhi, The Indian IT industry is projected to see 30-35 per cent increased demand for highly-specialised tech roles in 2025, along with increased spending on upskilling in the coming years, acco ...Read More >

25
TechnologyJan 10, 2025 04:08 PM

Global PC shipments grow 4.4% to 67.4 mn units in 4Q24: Canalys - ET Telecom

NEW DELHI: The global personal computer (PC) shipments grew by 4.4% to 67.4 million units in the fourth quarter (Q4) of 2024, driven by strong holiday season demands, and financing options such as buy now pay later (BNPL), according to the latest report released by Canalys on Friday. The PC market, comprising notebooks, desktops and notebooks, achieved its fifth consecutive quarter of growth in Q4 2024, Canalys said. Its data showed that notebook shipments (including mobile workstations) reached 53.7 million units, growing 5.8% year-over-year, while desktops (including desktop workstations) ...Read More >

25
BusinessJun 07, 2025 11:48 PM

Naidu Welcomes MoU With NVIDIA to Build Strong AI Ecosystem in AP

Vijayawada: Chief Minister Nara Chandrababu Naidu has announced that with the support from NVIDIA for curriculum and training, 10,000 engineering students will receive skill training in the next two years. Naidu said in a post on 'X' on Saturday, "Andhra Pradesh is welcoming bold initiatives to lead India's AI revolution. Under the leadership of Minister for IT Nara Lokesh, we have entered into an MoU with NVIDIA to build a strong and inclusive AI ecosystem in the state. As many as 500 AI startups from AP will gain access to its Inception Programme for global exposure and key resources." "Fu ...Read More >

15
TechnologyNov 27, 2024 12:24 PM

Tech for real-world applications: How enterprises can build AI systems tailored to their needs

As businesses increasingly adopt AI, customizing large language models (LLMs) like GPT and Claude is key to meeting industry-specific needs. Techniques like Retrieval-Augmented Generation (RAG) and in-context learning are gaining popularity. RAG enables real-time data retrieval, ideal for tasks requiring up-to-date information, while in-context learning provides guidance within the task prompt. Recent advancements in LLMs, such as larger context windows, offer new possibilities but also present challenges, including cost and efficiency. A hybrid approach combining RAG and long-context models m ...Read More >

20
BusinessDec 12, 2024 04:38 PM

Navanc Raises Seed Funding to Revolutionize Secured Lending with AI-powered Property Score

NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will bolster ...Read More >

16
BusinessDec 17, 2024 03:58 PM

Infosys Strengthens Strategic Collaboration with Google Cloud to Boost Enterprise AI Innovation, Establishes Center of Excellence

Bengaluru, India (OTE) - Leveraging Infosys Topaz and Google Cloud technology, the center of excellence will foster co-innovation to deliver transformative AI-powered solutions Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as a catalyst for co-creation and help businesses harness the power of generative AI to achieve transformative growth. Infosys and Google Cloud share a s ...Read More >

16
BusinessTechnologyFeb 03, 2025 05:07 PM

Business News | SarkarSEO Launches a New Era of Search Everywhere Optimization | LatestLY

New Delhi [India], February 3: SarkarSEO, a leading SEO agency, is introducing a new approach to digital rankings with its Search Everywhere Optimization strategy. As AI-powered search engines like ChatGPT, Perplexity, and Bing AI change how people find information, SarkarSEO is helping businesses rank across all platforms, not just Google. Also Read | US Shocker: Woman Allegedly Beats 14-Year-Old Son to Death With Extension Cord Over Unfinished Chores, Waits 5 Minutes Before Calling 911; Arrested. Search Everywhere Optimisation takes advantage of the fractured nature of the search, optimisi ...Read More >

15
BusinessJun 06, 2025 10:26 AM

India's Manufacturers Invest Heavily in AI, ML

New Delhi, Jun 6 (PTI) Almost every manufacturer in India, across various segments covered in a survey, has either invested in artificial intelligence and machine learning technology or is planning to do so, a senior officer from Rockwell Automation said on Friday. While sharing details of the survey, Rockwell Automation India Managing Director Dilip Sawhney told PTI that in a survey on smart manufacturing conducted two years ago, about two-thirds of organisations said they would either have already invested in AI or planned to do so in the next 12 months or thereafter. This figure crossed th ...Read More >

23
TechnologyJun 26, 2025 05:55 PM

India Tops Global GenAI Adoption With 92% Workforce Usage: Report

New Delhi: India is leading the global charge in the adoption of generative AI tools at the workplace, with 92 per cent of employees regularly using such technology -- far ahead of the global average of 72 per cent, a new report said on Thursday. The data compiled by Boston Consulting Group (BCG) highlights that while AI adoption has become mainstream globally, real business impact is being seen only in those companies that are redesigning workflows and investing in training and leadership. In India, although usage is widespread, there is growing anxiety over the future. Nearly half (48 per ...Read More >

33
TechnologyDec 05, 2024 01:41 PM

AWS Commits $100M for Underserved Students' Cloud Education

New Delhi, Dec 5 (PTI) Amazon Web Services (AWS) on Thursday said it is committing up to USD 100 million in cloud credits over the next five years to help eligible educational institutions and underserved students worldwide develop and scale digital learning solutions. The programme, a part of AWS Education Equity Initiative, will grant recipients cloud credits, which function similarly to cash, allowing organisations to reduce their expenses when utilising AWS's cloud services. "At AWS, we are committed to levelling the playing field in education, ensuring learners from underrepresented and ...Read More >

34
BusinessJun 06, 2025 02:32 PM

Business News | Compare and Get Personal Loans Easily Through Bajaj Markets | LatestLY

Pune (Maharashtra) [India], June 6: Bajaj Markets simplifies access to personal loans from multiple financial partners, and facilitates the funding for diverse needs, including travel, wedding expenditures, and medical emergencies. Users can easily compare vital loan specifics like interest rates, available loan amounts, and repayment tenures, and select those that align with their specific requirements and preferences. Also Read | Arietids Meteor Shower 2025 Peaks on June 7: Why Is It Known As the Most Active Daytime Meteor Shower? How To Watch the Shooting Stars and Other Important Details ...Read More >

15
BusinessDec 02, 2024 12:02 PM

Umwelt.Ai join hands with PeopleStrong to augment employee experience with advance analytics - CRN - India

Umwelt.Ai has partnered with PeopleStrong to enhance employee experiences and streamline HR processes through advanced AI-driven engagement solutions. This collaboration combines Umwelt.Ai’s cutting-edge analytics and sentiment analysis with PeopleStrong’s expertise in Human Capital Management (HCM), delivering real-time insights to tackle workforce challenges. The partnership aims to boost employee satisfaction, retention, and productivity, aligning with the rapid growth of India’s employee engagement market. Umwelt.Ai’s CEO Vishal Chopra emphasized its role in fostering dynamic workplaces, w ...Read More >

32
TechnologyDec 10, 2024 04:34 PM

Online Learner Trends 2024: India leads in global GenAI enrollments on Coursera - ET Government

NEW DELHI: Coursera, Inc., one of the world's largest online learning platforms, unveiled its annual learner trends for India, based on insights from over 27 million registered learners. This year, India surpassed Europe in the total number of learners on Coursera, highlighting the ambition and commitment of Indian learners to upskill and stay competitive in a rapidly evolving global workforce. Two key trends emerged in 2024: an unprecedented demand for GenAI learning and a growing preference for role-specific content to prepare for specific jobs. According to Microsoft's Work Trend Index 202 ...Read More >

26
TechnologyDec 10, 2024 05:11 PM

LambdaTest raises $38 Mn to scale QA platform KaneAI

Cloud-based testing platform LambdaTest has secured $38 million in a funding round led by Avataar Ventures, with Qualcomm Ventures also participating. The fresh funding comes after a gap of more than 30 months for the Noida and San Francisco-based startup. This latest round brings the company's total funding to $108 million, including a $45 million round in March 2022. Its early backers include Premji Invest, Peak XV, Telstra Ventures, Blume Ventures, and Leo Capital. LambdaTest was part of the ...Read More >