Timing of NASSCOM’s Response The industry body’s statement arrives as the U.S. government moves away from the long-standing random lottery that selected beneficiaries for certain work visas. The change shifts how applicants are chosen and immediately raises questions for companies that depend on foreign talent for technical and professional roles. What changed in the visa … Read more
November slowdown: Sales and production dip at Toyota Toyota Motor Corp. reported a fall in both sales and production in November, driven largely by a steep drop in China after the country discontinued subsidies for electric and fuel‑efficient vehicles. The policy shift removed a key incentive for buyers and immediately affected demand in one of … Read more
Market regulator SEBI has taken steps to make it easier for investors to obtain duplicate securities certificates. The move is aimed at reducing friction in the investor experience, strengthening safeguards against misuse, and nudging more holdings into dematerialised (electronic) form. What this change means Issuing a duplicate securities certificate is the process followed when a … Read more
A new breed of personal concierge services is emerging in India Personal concierge services in India are shifting from the traditional model of one-off, human-only assistance to a hybrid of curated human help and technology. Startups focused on serving affluent individuals and busy professionals are designing premium, on-demand services that promise time savings, access and … Read more
Nvidia has agreed to acquire all of Groq’s assets except for the startup’s fledgling cloud business, Groq Cloud. The deal, announced in a blog post by Groq, said the cloud arm will keep running “without disruption.” Financial terms were not disclosed. What the deal covers Under the agreement, Nvidia will take ownership of Groq’s assets … Read more
Mobile market snapshot: a large user base, limited 4G reach The country’s mobile base totals 92.2 million subscribers, but only about 22 million of them are on 4G networks. That means roughly 24% of users can access faster mobile data natively. Moving the entire market to modern networks will be a complex process that touches … Read more
Carlyle-backed Hexaware has told a U.S. forum that the inventions it is accused of infringing, as alleged by Natsoft, are not patentable under U.S. law. The move pushes the dispute beyond a simple claim of copying and into a wider legal fight over whether the asserted patents meet basic requirements for protection. What Hexaware is … Read more
Airline trims winter flight schedule by 10% One of the country’s largest carriers has announced a 10 percent reduction in its upcoming winter flight schedule. The move follows a directive from the Ministry of Civil Aviation aimed at stabilizing the carrier’s network after a period of operational disruption. What the cut means for the winter … Read more
US layoffs surge to 1.17 million in 2025 Layoffs in the United States reached 1.17 million in 2025, a sharp rise that has unsettled workers, employers and policymakers. While many factors drove the wave, artificial intelligence (AI) was directly tied to roughly 55,000 job cuts — about 4.7% of the total. Large employers in the … Read more
Cheap candies priced at ₹1 still make up the largest share of sales in India’s confectionery market, but the leading candy maker is increasingly focusing on higher-price offerings to lift revenue and margins. By pushing ₹5 and ₹10 packs, expanding distribution and rolling out new launches, the company aims to capture more value from both … Read more