IT firms push M&A deals to cover AI’s revenue impact

Infosys' $560 million bet on Optimum Healthcare IT and Stratus is a strong signal that the industry is taking domain-specific solutions seriously, analysts said, amplifying the momentum for large deals as technology services companies figure out how to offset pressure on revenue from growing artificial intelligence adoption.

from Tech-Economic Times
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Musk rewrites IPO playbook with large slice of SpaceX stock for retail investors

Elon Musk is discussing allocating as much as 30% of SpaceX's initial public offering to individual investors - at least ​three times the usual retail slice - leaning on his rabid fan base and other loyal backers to help steady the stock after its debut, a person familiar with the matter said.

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Indian GCCs ditch DIY build-out model to team up with external companies

Nine out of ten global capability centres (GCCs) being set up in India today use external partners, a sharp reversal from just a few years ago when large multinationals built these centres on their own, industry experts said.

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Infosys to acquire US firms Optimum Healthcare IT for $465 million, Stratus for $95 million

Infosys has entered separate agreements to acquire US-based firms Optimum Healthcare IT and Stratus in all-cash deals. The company will purchase healthcare consulting firm Optimum for $465 million and insurance technology company Stratus for $95 million.

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed at using artificial intelligence (AI) to solve “humanity’s hardest problems.”

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Trump administration moves to dismantle Department of Education, shifts student loan operations to Treasury

The Trump administration has taken a major step toward dismantling the Department of Education by transferring federal student loan operations to the Treasury. The move, described as the largest shift of staffing and budget responsibilities in the department’s history, aims to streamline repayment, reduce taxpayer losses, and demonstrate that the department is not essential for administering federal student aid.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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H-2B visa cap reached for 2026: Here’s what it means for seasonal jobs and US employers

US Citizenship and Immigration Services has reached the H-2B visa cap for the second half of fiscal year 2026, affecting seasonal hiring across hospitality and landscaping sectors. Supplemental visas have been introduced to address labour shortages, with limited allocations for specific periods and returning workers. The administration has expanded overall visa numbers, while industry representatives highlight uncertainty caused by delays in official communication. Employers must now rely on restricted additional quotas to meet workforce demands.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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