India's political landscape is ablaze with activity! From the ongoing debates surrounding the new farm bills and their impact on rural India, to the upcoming state elections shaping the national narrative, the stakes couldn't be higher. Key political figures are maneuvering strategically, with alliances shifting and power dynamics constantly in flux. The opposition's challenge to the ruling party is intensifying, sparking vigorous debates on crucial policy matters including economic reforms and social justice initiatives. Parliamentary proceedings are filled with heated exchanges, reflecting the deep divisions within the nation. This evolving political climate directly impacts the lives of every Indian citizen, influencing everything from economic opportunities to social welfare programs. Stay informed about the latest developments in Indian politics, from crucial legislative decisions to grassroots movements, by exploring Abtak.com for in-depth analysis and breaking news updates. Understanding the intricacies of our political system is crucial; stay engaged, stay informed, and stay ahead.
New Delhi: US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India, with another round of layoffs expected within a month, impacted employees said on Tuesday. Globally, the company has fired around 30,000 employees. "In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month," said two people impacted by the retrenchment, including one from the company's human resource department. The company has approximately 30,000 employees in India, including those affected by the layoffs. Oracle declined to comment on the development. Oracle, in an email sent to staff, said the employees were informed about certain organisational changes and "because of these changes, a decision has been taken to streamline the operations, and as a result, unfortunately, the position you currently hold will become redundant". The company has offered 15 days' salary to each employee who has completed a year of service in India, in addition to one month of unpaid wages till termination date, leave encashment, gratuity based on eligibility and pay for a one-month notice period.
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
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 >
Mumbai: The income tax (IT) department conducted raids at over 150 locations across the country against false tax deduction disguised as political donations as well as educational and medical expenses. The investigation has revealed that employees of government bodies, public sector undertaking (PUS), multinational companies, academic institutions and entrepreneurs were a part of these organised rackets. On Monday, the IT department initiated a large-scale verification operation across multiple locations in the country, targeting individuals and entities facilitating fraudulent claims of dedu ...Read More >
New Delhi [India], August 1 (ANI): The Indian Embassy in Ireland has advised all citizens to take precautions and be aware of their surroundings for their personal security following a recent increase in physical attacks against Indian nationals in the country. The Embassy further stated that they are in touch with the Irish authorities to address the situation. Also Read | Tragedy at Cleethorpes: UK Teen Dies After Swimming on Full Stomach of Pizza and Chips, Coroner Warns of Hidden Dangers of Swimming Too Soon After Eating. The Embassy has also provided emergency contact details for India ...Read More >
Mumbai, Jul 10 (PTI) With more and more companies prioritising inclusivity, a study has revealed that the most diverse companies delivered 50 per cent higher net profit compared with less diverse counterparts. Around 8 out of 10 industries studied showed a positive relationship between the presence of women and profit after tax (PAT) as most diverse companies delivered 50 per cent higher net profit than their less diverse counterparts, according to HR advisory firm Marching Sheep's 'Marching Sheep Inclusion Index 2025' study. This annual study, conducted by HR advisory firm Marching Sheep's ...Read More >
New Delhi: A Reddit post shared by a TCS employee has once again highlighted the level of harassment and psychological stress that HR departments inflict on employees. In the Reddit post, the TCS employee claimed that he was asked to step down from his position but he refused to do so. The techie said that he is subjected to mental harassment and torture in a toxic environment, and that "after Ratan Tata, this company is messed up". Sharing his ordeal through a post on Reddit, the techie working at TCS said he was asked to resign from his first company, TCS but he declined. He shared the post ...Read More >
The demand for engineering, technical and AI profiles has risen by 27 per cent, with compensation levels improving by 5 per cent compared to H1 FY25, according to Adecco India. After several muted quarters, India's IT sector hiring stabilised in the first half of FY 2025-26 as hiring patterns improved, following a reasonable rise in the recruitment of freshers and mid-senior level professionals, HR solutions provider Adecco India said on Tuesday. Campus intake has improved by 25 per cent compar ...Read More >
Hyderabad: Telangana's IT Minister Duddilla Sridhar Babu said that his government's goal is to develop Telangana as the country's aero engine capital by 2030. He said that a comprehensive roadmap is being prepared to develop the aerospace and defence ecosystem in partnership with leading industries and leading educational institutions. India's Aerospace and Defence Manufacturing Summit was jointly organised by the College of Defence Management and ISB Munjal Institute for Global Manufacturing at the Khemka Auditorium of the Indian School of Business (ISB) in Gachibowli, Hyderabad, on Saturday ...Read More >
Mumbai, March 31: The Ministry of Electronics and Information Technology (MeitY) has proposed significant amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. The draft rules aim to expand regulatory oversight to include news and current affairs content shared by social media users who are not registered publishers. By bringing user-generated news dissemination under the Digital Media Ethics Code, the government seeks to ensure that individual accounts adhere to the same regulatory framework as digital news organisations. The Ministry h ...Read More >
CHENNAI: In a move to sharpen India's digital talent edge, Nasscom on Tuesday announced the establishment of a new Talent Council to drive workforce transformation across emerging technologies. The council will guide national skilling priorities in DeepTech, AI, semiconductors, and cybersecurity, besides diving industry-academia collaborations. "This is a critical step in reimagining our talent strategy. India must evolve from being talent-rich to building expert talent that applies technology to innovate enterprise and society," said Sathish HC, chief delivery officer at Infosys, who will c ...Read More >
Hyderabad: The Hyderabad Cyber Crime Police have apprehended a 29-year-old man from East Godavari, Andhra Pradesh found actively involved in a high-profile movie piracy racket. In a span of one and half year, he has recorded and leaked about 40 movies in various theaters across Hyderabad. Police arrested Jana Kiran Kumar, works as an AC Technician and residing at NGOs Colony, Vanasthalipuram, Ranga Reddy District and native of Andhra Pradesh. According to police, on June 5, police received a complaint from Yarra Manindra Babu, representing the Anti-Video Piracy Cell of the Telugu Film Chambe ...Read More >
Srinagar: Two months after Operation Sindoor, Jammu and Kashmir is still facing digital outage as several government websites are still inaccessible due to non-compliance with digital security parameters, posing difficulties for the public and officials in service delivery and e-governance. Following Operation Sindoor, launched by India on May 6 in response to the Pahalgam terror attack in which 25 tourists and a local pony rider were killed, several public sector websites and applications went offline. Union minister for power Manohar Lal Khattar recently revealed in a press conference in S ...Read More >
New Delhi, August 14: Cognizant, an IT services company, is reportedly preparing to implement salary hikes for a large portion of its workforce later this year. The development is said to target eligible employees and also aims to reward top performers in India. As per reports, the company is planning merit-based adjustments that could impact many employees across different roles in India. Cognizant is reportedly aligning this adjustment with its earlier statements during the second-quarter earnings, hinting at a structured plan to reward talent and boost employee motivation across the organi ...Read More >
BENGALURU -- Elon Musk's xAI has laid off at least 500 workers from its data annotation team, which helps develop the company's Grok chatbot, Business Insider reported on Friday. The company notified employees by email on Friday night that it was planning to downsize its team of generalist artificial intelligence (AI) tutors, the report said, citing multiple messages viewed by the business news website. Responding to a request for comment, xAI referred to a post on X, formerly Twitter, in which the company said it was hiring for roles across domains and planned to increase its specialist AI ...Read More >
New Delhi: The experience of a technical expert of Tata Consultancy Services (TCS) is being discussed on social media these days. He said that the Human Resources (HR) team of the company asked him to resign, but he flatly refused. The employee wrote a post on Reddit saying, "Three days ago, I was called to a meeting and asked to resign. I was scared, I even cried, but I said I will not resign. They threatened to give me a bad review, but I said do whatever you want to do." The employee alleged that the company is targeting bench employees (who do not have any projects at the moment). Accordi ...Read More >
Anthropic PBC is embedding its Agentic AI tools into Air India Ltd. amid a bevy of other Indian companies, as part of its push to tap into the world's largest internet population. That's a fresh challenge for the likes of Tata Consultancy Services Ltd. to Infosys Ltd. The airline, controlled by TCS owner Tata Group, is using Claude Code to create custom software faster and cheaper, as part of a broader push to use Agentic AI across its operations. "Our partnership with Anthropic PBC is pivotal ...Read More >
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 >
The Income-Tax Department has found organised rackets operated by some returns preparers and intermediaries across the country, filing income-tax returns (ITRs) on behalf of their clients -- including employees of multinational companies, public sector firms, government bodies, academic institutions, and entrepreneurs -- to fraudulently claim exemptions and refunds, the Finance Ministry said. The department is now poised to take stern action against continued fraudulent claims, including penalti ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
New Delhi, Oct 3 (PTI) Candidates appearing in Staff Selection Commission (SSC) exams can now view their question papers, responses and the correct answers after taking the test, as the Commission has rolled out a series of reforms to make its examinations more transparent and secure. This move would allow the candidates to challenge answer keys with evidence, as well as keep copies for their personal use, officials said on Friday. They said the steps balance exam integrity with candidate welfare, as the Commission prepares for a busy examination cycle in the coming months. A key reform rel ...Read More >
Bengaluru (Karnataka) [India], October 16: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $5,076 million in Q2 revenues, year on year growth of 2.9 and sequential growth of 2.2 in constant currency. Operating margin was at 21.0. Free cash flow generation was strong at $1.1 billion, 131.1 of net profit. TCV of large deal wins was $3.1 billion, with net new of 67. Employee headcount increased by 8,203. Second consecutive quarter of strong performance. Revenue growth of 2.2 sequentially in Q2 and 3.3 in H1 in CC; Large d ...Read More >
India's second largest software exporter also narrowed its revenue estimates for the fiscal year by lifting the lower end of the growth guidance, to 2-3% from 1-3% in constant currency, which excludes the impact of currency movements. This is a further improvement from the previous quarter, when it tweaked the outlook from the earlier 0-3% growth. It retained the operating margin guidance of 20-22%. Infosys on Thursday beat analyst estimates with a 13.2% year-on-year and 6.4% sequential increase ...Read More >
India's Global Capability Centers (GCCs) are evolving from cost-saving back offices to innovation hubs, driving global product development and digital solutions. With over 1,600 GCCs currently, projected to generate $121 billion in revenue by 2030, India is becoming a strategic innovation powerhouse. For decades, India has been perceived globally as the world's back office, a reliable destination for IT services, business process outsourcing, and support functions. But in recent years, this narrative has undergone a dramatic transformation. At the heart of this shift is the rise of Global Cap ...Read More >
New Delhi, Dec 16 (PTI) The government is inclined to avoid introducing new laws or regulations for Artificial Intelligence (AI) unless "absolutely necessary," preferring instead to utilise existing legal frameworks like the Digital Personal Data Protection (DPDP) Act to address emerging issues, Electronics and IT Secretary S Krishnan said on Tuesday. Speaking at Assocham's AI Leadership Meet, Krishnan said the government's regulatory approach is thoughtful and careful to ensure it does not hinder innovation in the burgeoning technology sector. "As it is, we are a country with many laws... S ...Read More >
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 m ...Read More >
Bengaluru, March 31: After weeks of speculation, fresh reports indicate that Oracle Corporation has initiated a new round of layoffs, impacting multiple teams across regions, including India. Employees claim the layoffs were abrupt and communicated through early morning emails, some arriving as early as 5 AM to 6 AM, leaving little room for preparation or response. Several employees shared their experiences on platforms like Blind and Reddit, describing a sudden and impersonal process. According to these accounts, emails from "Oracle Leadership" informed them that their roles had been elimina ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BELOW VIDEO Net GST collections, after accounting for refunds, took a hit by growing by just 1.7 per ...Read More >
NEW DELHI: US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India, with another round of layoffs expected within a month, impacted employees said on Tuesday. Globally, the company has fired around 30,000 employees."In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month," said two people impacted by the retrenchment, including one from the company's human resource department. ...Read More >
Jaipur: Chief minister Bhajan Lal Sharma Friday flagged off the first air-conditioned 'Rajasthan Vahini Bharat Gaurav Tourist Train' from Durgapura railway station under the Devasthan department's Senior Citizens Pilgrimage Scheme-2025. This initiative marked the beginning of the pilgrimage to Rameshwaram, carrying around 800 passengers.Under the scheme, 50,000 senior citizens will travel to 13 different pilgrimage sites via AC trains for the first time this year. The eight-day journey is the longest among the Devasthan department's pilgrimages, including visits to the Ramanathaswamy Jyotirlin ...Read More >
Gandhinagar (Gujarat) [India], August 4: Odoo Community Days 2025 is set to redefine how India runs its businesses. With 240+ exhibitors, over 80,000 registrations, and more than 20,000 attendees expected, this is where business meets real systems. Also Read | 'If You Are a True Indian...': Supreme Court Slams Rahul Gandhi for Insulting Indian Army During Bharat Jodo Yatra. This is not a trade fair or a conference. It is a working experience for founders, retailers, developers, students, consultants, and anyone who runs or supports a business. From manufacturers and retailers to healthcare ...Read More >