AI-assisted coding is the way to go when hiring graduates: LTIMindtree CEO

Venugopal Lambu said there was more emphasis in terms of the learning ability, and the foundational skill sets that freshers have on which companies can build, using their training and learning methods. “So those assessments will always improvise it…Whenever we hire people, we take all those aspects, whether it is related to the coding roles, cloud roles or infrastructure roles or data roles,” he said.

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IT companies tighten belt as AI, macro headwinds squeeze biz margins

The fiscal first quarter showed companies are stretching all internal levers aggressively to protect profits amid slowing large-deal momentum. This includes lowering selling, general and administrative expenses (SG&A) costs, delaying pay hikes, and rejigging bench policies. Analysts expect the trend to continue through the fiscal second half as the IT sector is turning into a "negotiator's market".

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New high tech incubators to get millions in funding

The Israel Innovation Authority (IIA) launched a competitive proceeding to establish new high-tech incubators with up to a 40 million Shekel (USD 11.9 million) investment per Incubator.

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Musk says xAI will make kid-friendly app 'Baby Grok'

Elon Musk’s AI firm xAI is set to launch "Baby Grok," a separate, kid-friendly chatbot app. Announced via Musk’s X post, the move follows efforts to enhance Grok’s features and public image. It comes amid xAI’s rapid AI expansion, including Grok 4’s debut and government-focused product offerings.

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RSSB PHED recruitment 2025: Application for 1,050 support engineer and chemist posts to begin shortly at rssb.rajasthan.gov.in

The Rajasthan Staff Selection Board (RSSB) has announced the recruitment of 1,050 Support Engineers and Support Chemists under the Public Health Engineering Department (PHED). The application process will begin soon at rssb.rajasthan.gov.in. Eligible candidates with relevant engineering or science qualifications may apply. The selection process includes a CBT, document verification, and a final merit list. Salary is set at Rs 16,900 per month, with additional allowances as per government norms.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Eight chipsets designed by IIT students sent to fabs: IT Minister Vaishnaw

Indian Institutes of Technology (IITs) students have designed 20 chipsets, with eight already sent for fabrication, signaling significant progress in domestic semiconductor development. The first commercial-scale, made-in-India semiconductor chip is expected this year, supported by government initiatives like the India Semiconductor Mission and AIKosh. India's electronics exports have surged, marking substantial growth in the sector.

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Top tech and startup stories this week

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

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Future-proofing of jobs: Mid-career pros rewire skills to ride AI current

TeamLease reported over 60% growth in enrolments for micro-credential courses this year, while Simplilearn noted growing demand from professionals in their 30s and 40s seeking domain pivots or deeper specialisation. Online learning platform Coursera also reported that 39% of its learners are career switchers, drawn by the promise of better growth, pay, and job security.

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OpenAI unveils ChatGPT agent to handle tasks as AI apps evolve

AI agents - considered to be an evolution of an assistant - have been embraced across the tech world with large firms, including Microsoft, Salesforce and Oracle, spending billions on the technology to boost productivity and make operations more cost efficient.

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Wipro Q1 net profit up 11% to Rs 3,337 crore, revenue flat

Wipro faced a compression in business in all geographies of Europe, Americas 2 and APMEA (Asia Pacific, Middle East and Africa) and business verticals such as banking, financial services & insurance and consumer in the April-June period compared with the prior quarter.

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Wipro looking to become consulting-led, AI-powered company, says Rishad Premji

Addressing the Bengaluru-based company’s 79th annual general meeting through videoconferencing on Wednesday, the son of billionaire promoter Azim Premji said 2024-25 was a year of significant change for Wipro as well as the world.

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Sam Altman endorses Jensen Huang’s view on AI and its impact on jobs

In a post on X, Altman noted key themes Huang has emphasised: AI will not eliminate jobs wholesale but will fundamentally change how work is done.

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Sarvam AI will open source its IndiaAI Mission AI models

The company has received the highest subsidy allocated under the IndiaAI Mission so far at Rs 98.68 crore, out of a bill of Rs 246.71 crore for access to 4,096 Nvidia H100 GPUs for six months, as per the IndiaAI website.

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Mid-year ecommerce sales spike sets the stage for cracking festive season

Ecommerce order volumes rose 19% during the July 11–14 sale, driven by strong demand in electronics, appliances, and fashion. Tier-II and III cities led growth. Brands saw up to 8x sales spikes, prompting festive season preparations. The momentum signals recovery after last year’s slowdown, boosting industry optimism for Diwali.

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HCLTech’s first quarter net drops 10% YoY to Rs 3,843 crore, revenue up 8%

India’s third-largest software services company reported a net profit of Rs 3,843 crore in the three months ended June, historically a soft quarter for the software business. Margins fell 16.3% during the quarter amid lower employee utilisation “due to delay in implementation and ramp-down of a specific program, which resulted in a larger bench.”

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Very unfair criticism to call TCS one-trick pony: CEO K Krithivasan

TCS CEO K Krithivasan attributes recent revenue dips to global economic uncertainties impacting client spending. Despite challenges in sectors like airlines and auto, TCS remains confident, dismissing reliance on the BSNL deal as a mischaracterization. Strategic moves, including service line alignment and AI integration, aim to drive future growth and adapt to evolving IT service models.

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Smaller EV players nearly wiped out as FAME-II crackdown triggers sales collapse

Electric two-wheeler makers penalised for FAME-II subsidy violations have experienced a significant sales decline, with smaller players struggling. Government crackdown consolidated market share among compliant companies like TVS and Bajaj. Investigations into fraudulent subsidy claims led to subsidy suspensions and price increases, impacting consumer demand. A new FAME-III programme is anticipated to promote electric mobility with stricter compliance.

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JEECUP 2025: Round 2 seat allotment announced at jeecup.admissions.nic.in for UP Polytechnic

JEECUP has announced the round 2 seat allotment for UP Polytechnic admissions 2025. Candidates can check their results on jeecup.admissions.nic.in and must complete seat acceptance fee payment, document verification, or seat withdrawal within the specified dates. The counselling process includes seven rounds, and the current phase runs from July 13 to 17, 2025. Candidates are required to carry original and photocopies of specified documents for verification at district help centres.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Does AI actually boost productivity? evidence is murky

A survey of 2,500 professionals found generative AI actually increased workload for 77% of workers. Some 47% said they didn't know how to unlock productivity benefits. The study points to barriers such as the need to verify and/or correct AI outputs, the need for AI upskilling, and unreasonable expectations about what AI can do.

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SpaceX to invest $2 billion in Musk's xAI startup: Report

SpaceX has invested $2 billion in xAI as part of a $5 billion equity round, strengthening Elon Musk's AI endeavors. This investment values the merged xAI and X at $113 billion, with the Grok chatbot now supporting Starlink and potentially integrating into Tesla's Optimus robots. Despite controversies, Musk touts Grok as the smartest AI, driving xAI's heavy spending on development.

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xAI apologises for Grok's offensive posts

The company said the change occurred after the chatbot was prompted to "reply to the post just like a human" as well as "tell like it is and you are not afraid to offend people who are politically correct." As a result, Grok became susceptible to users' "extremist views," which made it produce "responses containing unethical or controversial opinions to engage the user."

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Top tech and startup stories this week

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

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US move to lift chip software curbs on China puts India on alert

Regarding companies rethinking their ‘China Plus One’ strategy with the lifting of software curbs, Dixit said that companies considering investing in India for EDA development or other functions might choose to thoughtfully evaluate their timing. However, Shankar Krishnamoorthy, chief product development officer, Synopsys, said the company does not foresee the software export restrictions that were previously placed on China being placed on India, especially given India’s ambition to build its semiconductor ecosystem and the existing US-India collaboration in the sector.

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X slashes subscription fees in India by up to 48%

The social media firm has slashed premium account subscription fee for mobile app by about 48% to Rs 470 from Rs 900 it charged earlier on a monthly basis. The subscribers of premium and premium-plus service at X get a checkmark next to their name or ID.

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Capgemini's $3.3 billion WNS buy may revive IT-plus-BPO model

Capgemini's $3.3 billion acquisition of WNS signals a resurgence of the IT-plus-BPO model, driven by the need for AI integration. Analysts anticipate further consolidation in the BPO sector as companies seek to leverage AI for growth and digital transformation. This deal reflects a broader industry shift towards AI-led reinvention and service-as-software models.

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New 'strategist' COO at Apple faces tariff test

Sabih Khan, Apple's new COO, faces the challenge of reordering the global supply chain amid geopolitical tensions and the company's AI lag. He must balance US-China relations while expanding manufacturing in India and meeting sustainability goals. Khan's success hinges on ensuring timely delivery and quality of Apple products, navigating a complex and evolving global landscape.

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Only 47% of schools offer skill-based courses: Government study

A recent PARAKH survey reveals that less than half of Indian schools offer skill-based courses for Classes IX and above, with only 29% of students participating. This highlights a significant gap in vocational education, hindering the Skill India Mission's goals.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Open to supply products to US market from multiple sites, India based on tariff outcomes: Samsung

Samsung is closely monitoring US trade policy under the Trump administration and is prepared to shift production to India and other locations to maintain price and business stability. Amid high uncertainty, the company has diversified manufacturing, strengthened AI partnerships, and launched its new Galaxy Z foldable smartphone series.

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OpenAI is readying an open-weight model that will debut as soon as next week: Report

The move would mark a major shift toward openness for the company, potentially allowing developers and researchers greater access and flexibility compared to current closed models like GPT-4 and GPT-4o.

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IIT Delhi-incubated deeptech startup Green Aero secures 1.6 million from pi Ventures

The funds will be used for Green Aero’s R&D efforts, setting up an in-house testing facility, and hiring talent. Plans include commercialisation of its first small-category engine within the next 12 months while laying the groundwork for a larger engine platform.

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Over half of school kids struggle with basics, reveals government survey

A recent PARAKH Rashtriya Sarvekshan reveals significant learning gaps among Indian schoolchildren. A large percentage of students in Classes VI and IX struggle with basic math, language comprehension, and science concepts. The survey, encompassing over 21 lakh students across India, highlights persistent rural-urban and gender disparities, with varying performance levels among states and school types.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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OpenAI and Microsoft bankroll new AI training for teachers

The American Federation of Teachers is launching an AI training hub for educators, funded by Microsoft, OpenAI, and Anthropic, to integrate AI tools into classrooms. This initiative follows similar moves by California State University and Miami-Dade County Public Schools to adopt AI technologies like ChatGPT and Gemini.

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Can AI plan your next holiday?

Agoda CTO Idan Zalzberg sees AI evolving into a personalised travel planner, capable of handling complex tasks through conversational, agentic interactions. While AI improves efficiency and customer understanding, challenges like unpredictability remain. India, with its tech-savvy users, serves as a key testbed. Agoda has launched 150 GenAI projects globally.

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Smarter AI needs smarter humans

As AI grows more advanced, the need for complex, high-quality training data has surged, making data annotation a critical industry. India is emerging as a key global hub, offering skilled talent across domains. With rapid market growth and increasing sophistication, data labelling now demands deep expertise in science, tech, and language.

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Xbox producer recommends ChatGPT, Copilot prompts to laid off Microsoft staff

After Microsoft’s Xbox layoffs, executive producer Matt Turnbull suggested using AI chatbots like ChatGPT for emotional support and career guidance. In a deleted LinkedIn post, he shared prompts for job planning, resume help, and networking, aiming to ease the stress of unemployment.

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Microsoft announces public preview of deep research in Azure AI foundry

This tool aims to accelerate research and deployment of frontier AI technologies, further strengthening Microsoft's position in enterprise-grade generative AI solutions.

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Startups weigh government nod to use Aadhaar KYC for gig workers

Food delivery and e-commerce startups are seeking government approval for Aadhaar authentication to streamline gig worker verification, following a crackdown on unauthorized Aadhaar usage. Protean eGov Technologies offers a secure channel for Aadhaar access with ministry clearance, potentially simplifying KYC processes. Startups are exploring Digilocker-based verification and redirection processes to comply with regulations and ensure secure onboarding.

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UGC NET answer key 2025 for June exams released at ugcnet.nta.ac.in: Raise objections online by this date, direct link here

The National Testing Agency (NTA) has released the provisional answer key for the UGC NET June 2025 examination on ugcnet.nta.ac.in. Candidates can now download their recorded responses and question papers. The objection window is open until July 8, 2025, allowing candidates to challenge discrepancies with a non-refundable fee of Rs. 200 per question.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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AI robots fill in for weed killers and farm hands

Aigen's solar-powered, AI-driven robot "Element" autonomously weeds fields without chemicals, offering a sustainable solution to labour shortages and herbicide resistance. Designed by former Tesla engineer Richard Wurden, the robot mimics human weeding and runs on sunlight. The robot's AI system takes in data from onboard cameras, allowing it to follow crop rows and identify weeds.

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Astronaut Shubhanshu Shukla to interact with school students at NESAC on Tuesday

The interaction is planned via a telebridge set up NESAC in Shillong, said the Amateur Radio on International Space Station (ARISS), which facilitates interaction of school students with astronauts on the orbital laboratory.

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Top tech and startup stories this week

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

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Ban-battered bike-taxi riders say struggling to make both ends meet

Karnataka's bike-taxi ban has severely impacted Bengaluru's gig workers, slashing incomes by half. Approximately 150,000 riders are affected, forcing many into already saturated delivery services. This shift has also reduced earnings for existing food and grocery delivery workers. While some find alternatives like DriveU, many struggle to cover expenses and support families, hoping for the ban's revocation with regulated rules.

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India GCC leasing now focusing on larger spaces as demand surges: Vestian report

Office space leasing by global capability centres in India surged 24% to 31.8 million sq ft in FY25, driven by IT, finance, and engineering services. Fortune 500 GCCs leased 13.5 million sq ft, a 25% increase, highlighting India's attractiveness. While the number of lease transactions decreased, larger office spaces became more prevalent, with large transactions rising significantly.

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Morocco bets on video game industry to provide jobs and diversify economy

Morocco is building a local gaming industry with a new developer hub, training programs, and a $26 million Rabat Gaming City. Hosting global developers at its gaming expo, the country aims to empower youth, attract investment, and double industry revenue by 2030 while combating high youth unemployment through tech-driven careers.

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Ambiq Micro files for US IPO as generative AI fuels chip demand

Strong investor demand for AI-focused tech stocks is helping revive the IPO market, as investors warm again to high-growth tech startups they had largely avoided for nearly three years. The Austin, Texas-based company disclosed a net loss of $39.7 million in 2024, narrowing from a loss of $50.3 million in the previous year.

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AI-backed brand analytics platform GobbleCube raises $3.5 million in round led by InfoEdge Ventures

Existing investor Kae Capital participated in the funding round. The fresh funds will be used to deepen its AI capabilities, expand platform coverage, and accelerate its global go-to-market efforts. Earlier in a seed round led by Kae Capital in 2024, the startup had raised $1.9 million.

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Bhim gets big boost as NPCI scales up incentives, offers

Bharat Interface for Money (BHIM), the govt's UPI-based payment app, has seen a resurgence, nearly doubling its monthly transactions to 70 million in June after a period of stagnation. This growth is attributed to a user-interface revamp, increased marketing spend by NPCI, and targeted incentives.

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India needs more telecom unicorns, says DoT secretary Neeraj Mittal

This follows the Union Cabinet clearing the Rs 1 lakh crore research, development, and innovation (RDI) scheme, which the government feels will give momentum to telecom startups in India.

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Rapido eyeing food delivery ops pilot in Bengaluru by next week

Rapido will pilot its food delivery service, Ownly, in Bengaluru's Koramangala, HSR, and Sarjapur areas. Targeting 10 cities by next July, it aims to undercut Zomato and Swiggy on commissions. The company is collaborating with restaurants for data access and pricing strategies, prioritising sustainable growth and early learnings.

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From Reels to Retail: India’s influencers turning as next startup founders

Indian social media influencers are transitioning from content creation to entrepreneurship, launching brands in beauty, fashion, and more. Leveraging their strong audience connections, they compete with established celebrities, focusing on niche communities. This evolution unlocks new value beyond influencer marketing, driven by India's vast digital population and creator ecosystem, with firms supporting their business ventures.

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Tech industry group sues Arkansas over new social media laws

Arkansas is among several states that have been enacting restrictions on social media, prompted by concerns about the impact on children's mental health. NetChoice - whose members include Facebook parent Meta and the social platform X - challenged Arkansas' 2023 age-verification law for social media. A federal judge who initially blocked the law struck it down in March.

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AI is learning to lie, scheme, and threaten its creators

The world's most advanced AI models are exhibiting troubling new behaviors - lying, scheming, and even threatening their creators to achieve their goals. Users report that models are "lying to them and making up evidence," according to Apollo Research's co-founder.

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Karnataka’s fake news bill: Rs 10 lakh fine, 7-year jail for disrespecting sanatan symbols, promoting superstition

The draft bill includes setting up a state fake news regulatory authority tasked with a broad mandate to monitor and regulate the content disseminated on social media platforms. Defending the move, state IT-BT minister Priyank Kharge said the Congress government is not trying to change any policy but only making an effort to connect the dots that already exist and make a bill out of it.

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In pursuit of godlike technology, Mark Zuckerberg amps up the AI race

In April, Meta’s AI ambitions faltered as its new model underperformed rivals, prompting CEO Mark Zuckerberg to overhaul strategy. He demoted leaders, invested $14.3 billion in Scale AI, aggressively recruited top talent—some with $100M offers—and expanded Meta’s AI team, aiming to reassert Meta’s place in the superintelligence race.

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Shadowfax to file IPO papers under confidential route

The hyperlocal logistics startups could be valued at around Rs 5,500-6,000 crore, depending on the market conditions at the time of the listing, a person in the know said. The company has increasingly focused on the fast-growing quick commerce sector over the last year by providing rapid delivery to brands and marketplaces without their own logistics.

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Microsoft is killing Windows' Blue Screen of Death

After four decades, Microsoft is replacing the infamous Blue Screen of Death (BSOD) with a Black Screen of Death. The updated design aims for clarity, removing the sad face emoji and QR code, and prioritizing essential error information. This change is part of Microsoft's broader initiative to enhance Windows' resilience, following incidents that caused widespread BSOD errors.

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Bessemer Venture Partners sees $1 trillion digital opportunity in India; eyes quick commerce, D2C boom: report

According to a report titled ‘Click, Watch, Shop: The Indian Consumer Opportunity,’ the upcoming wave of value creation in India’s consumer internet space could be five times larger than the last decade. Quick commerce, D2C brands and mobile-first platforms will be big gainers, it added.

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Namma Yatri turns city-level Ebdita positive in core markets; launches welfare fund for drivers

Bengaluru's Namma Yatri achieves city-level profitability in key markets, with plans for further expansion. It has facilitated over 10 crore rides, generating significant earnings for drivers. Namma Yatri introduces a driver welfare trust, allocating 2% of revenue for financial support. The company aims to digitise public transport in Bengaluru, Chennai, and Kolkata.

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Mini ‘AI missions’ sprout in states boosting adoption and innovation

Indian states are launching AI missions to drive innovation, enhance public services, and boost local economies. From Rajasthan to Odisha and Telangana, states are creating policies, funding infrastructure, and enabling AI adoption. While challenges like limited budgets and skill gaps persist, this decentralised push aligns with India’s broader, enablement-focused tech strategy.

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Micron’s Sanand chip plant enters crucial cleanroom validation stage

Micron's Sanand plant in Gujarat has entered cleanroom validation for its Phase 1 ATMP facility, aiming for partial operation by late 2024. With a planned $2.75 billion investment, this milestone ensures a contamination-free environment crucial for semiconductor quality, marking significant progress toward production readiness in India’s chip manufacturing ecosystem.

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OpenAI goes after Google Docs, Microsoft's Word for web with new ChatGPT features

OpenAI is reportedly developing collaboration features for ChatGPT, potentially rivaling Google Docs and Microsoft Word. These features, including document collaboration and chat, could lead to file storage and other productivity tools. This move intensifies competition with Google and further complicates OpenAI's relationship with Microsoft, its major investor, as it aims to attract more business subscriptions.

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UK launches new taskforce and fund to attract global science, tech talent

Aimed at boosting innovation and economic growth, the initiative supports relocation and research, targeting elite researchers, entrepreneurs, and creatives aligned with Britain’s new 10-year industrial strategy.

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Contract maker Zetwerk set to pump Rs 500–800 crore for component making

Zetwerk plans to invest Rs 500–800 crore in manufacturing printed circuit boards (PCBs), enclosures, and electromechanical components. Cofounder Rahul Sharma mentioned the company is preparing for the government's PLI scheme and has technology tie-ups with Taiwanese companies. Zetwerk is also exploring collaborations with South Korean and Chinese firms, pending government approvals, to enhance India's self-reliance in electronics manufacturing.

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UGC NET admit card 2025 for June 25 exam released: Check direct link to download hall ticket here

National Testing Agency has issued the admit cards for University Grants Commission National Eligibility Test. The exam is scheduled for June 25, 2025. Candidates can download their hall tickets from ugcnet.nta.ac.in. The admit card contains exam timing, center address, and candidate details. Applicants must carry a printed copy and a valid photo ID.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Horowitz backs AI startup with slogan 'cheat at everything'

The startup was cofounded by 21-year-old Roy Lee, who was booted from Columbia University earlier this year for creating a tool called Interview Coder that helped technical job candidates cheat on interviews using AI.

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Walmart tries to shed a stodgy vibe to battle digital-native rivals

Walmart built its empire by dominating on price. But to maintain that empire it must now compete on convenience, breadth and speed. During Associates Week -- its annual gathering of thousands of employees from around the world -- the company made a number of tech-focused announcements, like a new artificial intelligence assistant that it says will help customers shop online and an expansion of its drone home-delivery operation to more cities.

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Clampdown on ecommerce dark patterns may raise compliance burden for companies

The government is cracking down on deceptive online practices. Consumer internet companies face increased scrutiny. They must conduct self-audits to eliminate 'dark patterns'. These patterns trick users into unwanted purchases. A joint working group will monitor compliance. Companies will need dedicated teams. Experts believe sustained enforcement is crucial for consumer trust. This move impacts startups and large firms alike.

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Former Y Combinator investor Arnav Sahu joins Peak XV

Arnav Sahu, formerly a principal at Y Combinator, has joined Peak XV as an investment partner in the Bay Area. He will be part of a new San Francisco-based team focused on investments, particularly in the AI sector. This move signifies Peak XV's strategic expansion into the US market following its spin-off from Sequoia, aiming to capitalize on AI opportunities.

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Myntra’s entry to quick commerce in Delhi-NCR and Mumbai hold key considerations

Myntra has expanded its 30-minute delivery service, M-Now, to Delhi-NCR and Mumbai, targeting premium fashion shoppers amid rising quick commerce competition. With access to 600 brands, strong seasonal demand, and urban expansion, Myntra aims to strengthen its position in India’s fast-growing quick commerce segment.

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Quick commerce firms face delivery partner crunch amid rising demand

Quick commerce faces challenges in hiring delivery partners. Demand is rising, and companies like Amazon are joining the market. However, a shortage of bikers exists. Riders are demanding better pay and conditions. Some disrupt operations due to low payouts. Extreme weather worsens working conditions. Companies are trying to retain riders with benefits amid competition.

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Telegram CEO to leave fortune to 100 children he’s fathered

Pavel Durov, Telegram's founder, will bequeath his wealth to his numerous children. He has six children from three partners and over 100 from sperm donations. Durov wants his children to access the fortune after 30 years. He also faced charges in France related to Telegram. A ruling now allows him to travel to Dubai for longer periods.

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EU probes Musk's xAI buyout of X: Bloomberg News report

The European Union is intensifying its scrutiny of Elon Musk's xAI acquisition of X, potentially leading to significant fines under the Digital Services Act. Regulators are examining X's corporate structure post-acquisition and probing alleged DSA infractions, including deceptive design related to the blue checkmark verification system.

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Byju’s RP’s suit claims directors owe compensation to company under IBC laws

An EY-backed resolution professional, Shailendra Ajmera, has sued former Byju's directors. The lawsuits claim fraudulent asset transfers. These transfers allegedly deprived Think and Learn of funds. The transactions involve $533 million and Rs 130 crore. Riju Ravindran previously filed a petition. He sought Ajmera's removal citing conflict of interest. A Delaware court also ruled against Byju's Alpha's asset transfer.

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Microsoft planning thousands more job cuts aimed at salespeople

Microsoft is reportedly planning to eliminate thousands of jobs, primarily impacting its sales division, as part of ongoing cost-cutting measures amidst substantial investments in artificial intelligence. The announcement is expected in early July, following the close of the company's fiscal year. These terminations follow previous layoffs in May and a shift towards using third-party firms for some sales operations.

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IPO-bound BlueStone geared for unicorn tag

Bluestone is preparing for its public market debut. 360 One and Centrum Wealth are facilitating secondary deals. These deals amount to Rs 300–350 crore. The transaction values Bluestone at Rs 10,500 crore. RB Investments will fully exit Bluestone through these deals. Bluestone's IPO includes a fresh capital raise. The company reported revenue of Rs 1,266 crore in fiscal 2024.

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Amazon's corporate workforce may shrink as AI takes over routine tasks

Amazon CEO Andy Jassy announced that the rollout of generative AI and agents will lead to a reduction in the company's corporate workforce in the coming years. While AI is expected to automate tasks and reshape roles, experts anticipate a workforce reshuffling rather than mass unemployment. Amazon is implementing AI to enhance efficiency and customer experience across various internal operations.

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Google introduces stable Gemini 2.5 Flash and Pro, previews Gemini 2.5 Flash-Lite

Google DeepMind released stable versions of Gemini 2.5 Flash and Pro, highlighting top benchmark performance. Now broadly available to developers, the models support advanced reasoning, multimodal tasks, and one million-token context. A new Flash-Lite preview offers the fastest, most cost-efficient model in the Gemini 2.5 series.

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We would like to be DeepSeek in the West, says Essential AI cofounder

Ashish Vaswani, cofounder of Essential AI, emphasises the need for open, collaborative AI development to counter rising inequality and short-termism in AI research. He advocates transparency, open-source frontier models, and sustainable innovation, warning that current monetisation pressures may hinder long-term breakthroughs and narrow the path to artificial general intelligence.

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ETtech Explainer: Behind crackdown on unauthorised use of govt databases for user onboarding

The Indian government is cracking down on startups offering Aadhaar-based identity verification through unauthorised channels. MeitY has warned firms to use only regulated platforms. Startups like Zoop and Signzy are affected. While crucial for digital onboarding and fraud prevention, misuse of official databases has raised data privacy and legal concerns.

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InCred Money set to acquire discount broker Stocko, marking entry into retail broking

InCred Money is poised to acquire Stocko for approximately Rs 300 crore, marking its entry into the retail broking sector. This acquisition will integrate Stocko into InCred Money, expanding its offerings to include equities and derivatives trading. The Stocko team will continue to operate the platform, leveraging InCred's resources for faster scaling and innovation.

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Startups fire up hiring engine in hunt for senior executives

Senior-level hiring is rebounding across Indian startups, driven by recent funding, IPO preparations, and AI-first hiring. Early-stage firms like Snabbit and Battery Smart are leading the charge, alongside mature players such as Flipkart. Startups are tapping diverse sectors for leadership talent to scale operations and navigate their next growth phase.

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Big Tech’s acqui-hire strategy heats up as demand for AI talent soars

In the last two years, large technology players have been acquiring AI startups for their technology teams. Microsoft paid $650 million in a licensing deal to Inflection AI, whose cofounder Mustafa Suleyman is now heading Microsoft AI. In a similar licensing deal, Amazon hired AI startup Adept cofounder David Luan and others who joined Amazon's AGI team.

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Unaccounted income invested in virtual digital assets on CBDT radar

Such entities and individuals which are engaged in Virtual Digital Asset (VDA) transactions and have failed to comply with the Income-tax Act, 1961 have been identified for verification, sources said.

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Quick commerce fuels niche D2C boom in smaller cities

According to Satish Meena, adviser at ecommerce consultancy Datum Intelligence, a set of customers who previously shopped on ecommerce platforms are shifting to quick commerce for certain categories of products for instant gratification. Many consumers who haven’t used ecommerce before are also trying quick commerce because of its ease and accessibility, he added.

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Innovation takes a backseat at small companies as tariffs become a full-time preoccupation

Trump’s unpredictable tariffs have stalled innovation for small US businesses, forcing founders to delay product launches, cut staff, and shift focus from R&D to navigating trade costs. From educational toys to eco-friendly home goods and U.S.-made sneakers, companies are struggling with uncertainty, limited resources, and disrupted global supply chains.

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AI security startup Repello AI raises $1.2 million from Venture Highway, Pi Ventures, others

Meta board member Charles Songhurst, Sarvam AI CEO Vivek Raghavan, and Satya Vas backed the company in this round. The fresh funds will be used to fast-track product development, expand the platform's red teaming and threat intelligence capabilities, and scale its go-to-market efforts.

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Polygon cofounder Sandeep Nailwal takes over as CEO amid restructuring

The blockchain firm has been facing rising competition from other players such as Coinbase’s Base and Optimism, even as most of its cofounders left the firm.

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Garuda Aerospace raises $1 million from Narotam Sekhsaria Family Office, others

The drone startup, which is backed by former Indian cricket team captain Mahendra Singh Dhoni, will use the funds for scaling up production capacity from 8,000 drones per annum now to between 12,000 and 15,000 units. The funds will also help boost R&D efforts and expand its export presence to 50 countries by the year-end.

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China is only 3-6 months behind US in AI, Trump official says

"China is not years and years behind us in AI. Maybe they're 3-6 months," said Sacks, speaking at the AWS summit in Washington. "It's a very close race."

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Everything Apple announced at its annual developer conference

At its annual Worldwide Developers Conference, the company also said it would open up the underlying technology it uses for Apple Intelligence to developers.

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Kaynes Semicon, L&T arm to acquire Fujitsu General’s power modules business

Fujitsu will transfer the business to Larsen & Toubro’s fabless chip company and related production facilities to Kaynes, which will in turn manufacture these products for LTSCT, the companies said.

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Apple unveils iOS 26: Which iPhones are eligible for new features?

​Apple launched iOS 26 at the WWDC 2025 and integrated Apple Intelligence across its apps and devices. It also introduced new display technology, Liquid Glass, and announced ChatGPT support to some apps. The company's shares, however, fell about 2% as the announcements failed to impress investors.

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Karnataka's new IT policy to be finalised around July: Priyank Kharge

The last consultation on the matter was held among IT secretary Ekroop Caur, industry body Nasscom and others on May 23. They discussed strategies to reskill Karnataka’s digital workforce, emphasised extending IT infrastructure beyond Bengaluru into tier-2 and tier-3 cities, and reviewed regulatory reforms to enhance ease of doing business in the state.

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Apple under pressure to shine after AI stumble

Industry insiders will be watching to see whether Apple addresses the AI stumble or focuses on less splashy announcements, including a rumored overhaul of its operating systems for its line of devices. "The bottom line is Apple seemed to underestimate the AI shift, then over-promised features, and is now racing to catch up," Gene Munster and Brian Baker of Deepwater Asset Management wrote in a WWDC preview note.

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Welcome to campus, here's your ChatGPT

Some universities, including the University of Maryland and California State University, are already working to make AI tools part of students' everyday experiences. In early June, Duke University began offering unlimited ChatGPT access to students, faculty and staff. The school also introduced a university platform, called DukeGPT, with AI tools developed by Duke.

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Buyer with ties to Chinese Communist Party got VIP treatment at Trump crypto dinner

Trump launched a so-called meme coin, a type of cryptocurrency, just days before his inauguration. To bolster sales, the president's business partners created a contest in April, offering the coin's top buyers a tour of the White House and a private dinner with Trump at his Virginia golf club. The meme coin dinner engendered strong criticism from Democrats, government watchdogs and even some Republicans about the appearance of monetising the presidency for personal gain.

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Ashok Elluswamy to lead Tesla Optimus robot project

Milan Kovac, the head of Tesla's Optimus humanoid robot program, announced his resignation on X, citing the need to spend more time with family abroad. Kovac, who led the program since 2022, will be immediately replaced by Ashok Elluswamy, who currently leads Tesla's autopilot teams. Musk has emphasized the importance of Optimus and autonomy for Tesla's long-term valuation.

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Infosys gets relief as DGGI closes Rs 32,403 crore GST notice

Infosys has received closure from the DGGI on a GST demand notice of over Rs 30,000 crore, related to reverse-charge payments for services from overseas branches between 2017 and 2022. The company confirmed compliance with regulations and stated the matter is now resolved, following earlier responses to pre-show cause notices.

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Top tech and startup stories this week

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

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Indians eye other visa routes amid H-1B uncertainty, layoffs

The new Donald Trump administration has tightened scrutiny of H-1B visas since taking office early this year. According to the data from the United States Citizenship and Immigration Services (USCIS), the number of H-1B visa applications shortlisted this year has declined 27% on year—the lowest since the pandemic-impacted FY21.

from Tech-Economic Times
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Crypto firm Gemini confidentially files for US IPO

Several high-profile companies, including those in high-risk sectors such as crypto and financial technology, have launched successful listings in recent weeks, reflecting pent-up demand.

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Infosys to give cash sops to employees taking part in interviews to help hiring

Infosys has launched a cash reward scheme for senior staff conducting lateral hire interviews, offering Rs 700 per interview, retrospectively from January. Aimed at boosting morale, the policy excludes HR and leadership roles. The policy has also limited the cash incentive for hirings within India.

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Apple loses bid to halt court ruling that blocks some fees from its iPhone app store

Apple sought to put the order on hold after it was issued by U.S. District Judge Yvonne Gonzalez-Rogers in a stinging rebuke that also held the Cupertino, California, company in civil contempt of court and recommended opening a criminal investigation into whether one of its executives had committed perjury while testifying in her Oakland, California, courtroom.

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Google takes a gamble in class action jury trial over cell phone data use

The plaintiffs in court papers say that even when their phones are turned off, Google causes Android devices to surreptitiously send information over cellular networks "for Google's own purposes," including targeted digital advertising. These transfers improperly eat up data that users purchase from their mobile carriers, the plaintiffs allege.

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Amazon planning $10 billion investment in North Carolina for data center and AI campus

Amazon said Wednesday that its investment in rural Richmond County should create at least 500 jobs and support thousands more through construction and data center supply chain providers, according to statements from the company and Gov. Josh Stein's office. Stein called the investment one of the largest in state history.

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Four of IndiaAI’s responsible AI solutions to go live on AIKosha from September

Safe & Trusted AI and IndiaAI Application Development Initiative are among the seven pillars of the Rs 10,000 crore IndiaAI Mission. The others are the IndiaAI Compute Capacity, IndiaAI Innovation Centre, IndiaAI Datasets Platform, IndiaAI FutureSkills and IndiaAI Startup Financing. The government had last year invited expressions of interest for RAI tools and received about 2,000 applications.

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Reddit down for thousands of users globally

The platform was down for 26,291 users as of 2.34 p.m. ET, according to Downdetector, which tracks outages by collating status reports from various sources. The actual number of affected users may vary.

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Wealthtech startup Stable Money raises $20 million in round led by Nilekani’s Fundamentum Partnership

Existing backers Z47, RTP Global and Lightspeed, besides Aditya Birla Ventures, participated in the funding round. Per cofounder Saurabh Jain, the funds will be used to expand its suite of wealth products and speed up customer acquisition. Since its launch in 2022, Stable Money has onboarded more than 150,000 users, who have invested in FDs and bonds, taking its total assets under management (AUM) to over Rs 3,000 crore.

from Tech-Economic Times
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Elon Musk's Neuralink raises $650 million in latest funding round

Neuralink is in the process of testing its implant, which is intended to help people with spinal cord injuries. The device has allowed the first patient to play video games, browse the internet, post on social media and move a cursor on his laptop directly with his brain.

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Hey chatbot, is this true? AI 'factchecks' sow misinformation

During India and Pakistan's recent conflict, social media users turned to AI chatbots like Grok, ChatGPT, and Gemini for fact-checking, only to receive misinformation. Experts warn these tools often produce false or biased content, raising concerns as tech firms cut human fact-checkers and users increasingly rely on AI for news.

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New-age cos’ road to profitability; QED’s Nigel Morris interview

After a torrid time on Dalal Street, new-age firms have taken a turn towards profitability in the March quarter. This and more in today’s ETtech Morning Dispatch.

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Regulators realising fintechs are here to stay: QED’s Nigel Morris

Fintechs are no longer scrappy outsiders. They’re scaling faster than traditional players and increasingly, regulators are recognising them as a permanent fixture in the financial services industry, QED Investors' cofounder Nigel Morris told us. In an exclusive interview during his annual visit to India, Morris said fintechs are beginning to dominate categories such as earned wage access, money transfers, and neobanking.

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BigBasket pilots 10-minute food delivery with Starbucks, Qmin in Bengaluru

BigBasket has entered the rapid food delivery market, offering a 10-minute service in Bengaluru, featuring items from Starbucks and Qmin. This move follows CEO Hari Menon's announcement of expanding into food delivery by 2025. The rapid food delivery segment is becoming increasingly competitive, with Zepto, Swiggy, and Blinkit also expanding their offerings.

from Tech-Economic Times
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Meta to handover most of product risk assessments to AI

Meta plans to automate risk assessments for up to 90% of app updates, raising concerns about potential real-world harm due to reduced human oversight. While Meta claims this increases efficiency and focuses human judgment on complex issues, critics worry about the potential for unchecked risks, especially in sensitive areas like AI safety and misinformation handling.

from Tech-Economic Times
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Looking forward to 'Open-io': Google CEO Sundar Pichai lauds OpenAI-Jony Ive collab

Sundar Pichai expressed excitement about the OpenAI-io collaboration to develop next-gen AI devices, anticipating innovative technology and hardware. OpenAI's acquisition of Ive's io for $6.4 billion signals a significant move, with Ive taking on creative roles across both entities.

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Quantum computing may soon become a scaled solution: Wipro

Wipro’s CTO Sandhya Arun expects quantum computing to scale by year-end. Agentic AI currently saves 20-35% of manual effort. Wipro’s new innovation lab focuses on quantum, AI, blockchain, and robotics, aiming to accelerate technology adoption and business impact globally.

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8 high-income skills you can learn without a degree

In today's skill-driven world, a college degree isn't the only path to success. The article highlights valuable skills like digital marketing, copywriting, web development, and graphic design that can be learned independently. Mastering video editing, sales, content creation, and project management also opens doors to high-income opportunities.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Start strong from day one: 8 entry level jobs that will help you grow exponentially

Explore promising entry-level careers for long-term success. Data analysts interpret complex information for smarter decisions. Software developers create digital solutions in high demand. Digital marketing specialists blend creativity with strategy. Supply chain coordinators ensure efficient movement of goods. Cybersecurity analysts protect organizations from cyber threats. UX/UI designers create intuitive digital interfaces. Financial analysts aid informed business decisions.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Meta joins Anduril to build XR products for US armed forces

Meta and Anduril Industries are collaborating to deliver integrated extended reality (XR) products for the US military, funded privately. This partnership integrates Meta's AR/VR capabilities with Anduril's Lattice platform, an AI-powered command and control system, enhancing tactical decisionmaking. They've sent a joint proposed to Soldier Borne Mission Command (SBMC) Next, aiming to develop digital awareness system for soldiers.

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IPO bound Imarticus Learning acquires MyCaptain

Imarticus Learning has acquired edtech startup MyCaptain for Rs 50 crore to expand its presence in non-tech career training, especially in India’s tier 2 and 3 cities. The acquisition boosts Imarticus’ reach with 60+ live programmes, over 850 staff, and aims to serve 5 million learners in three years.

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Ola Electric slips to number three in EV two-wheeler market as rivals gain ground

Ola Electric's market share in India's electric two-wheeler market has significantly declined, falling to third place in May as TVS Motor and Bajaj Auto gained ground. The company faced a steep drop in vehicle registrations and is grappling with operational and regulatory challenges, including scrutiny over sales data and consumer rights violations.

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Exclusive: Unacademy founders Munjal, Saini set to exit, shift focus to AirLearn

Unacademy cofounder Gaurav Munjal is stepping down as CEO, with Sumit Jain taking over amid a company reset and focus on AirLearn. Fellow cofounder Roman Saini is also exiting an active role. This leadership change follows internal discussions and a shift from online test prep to physical centers, impacting the edtech's business.

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Fashion delivery startup Slikk Club raises $10 million led by Nexus Venture Partners

Fashion quick commerce startup Slikk Club has raised $10 million in funding led by Nexus Venture Partners, with Lightspeed also participating. The funds will support category expansion, faster returns, and geographic growth. Slikk plans to scale to 500 brands and six to eight dark stores, targeting fashion, beauty, and accessories.

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Pills, promotions and a dose of doubt: Influencers, VC money fuel India’s booming supplements market

India's health supplement market is booming, fueled by increased health awareness post Covid-19 and social media marketing. Venture capital is pouring into the sector, leading to a proliferation of products sold directly to consumers. Concerns are rising about the blurring lines between wellness and pseudoscience, with experts calling for stricter regulation and transparency to protect consumers from misleading claims.

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JKBOSE Class 11 result 2025 declared at jkbose.nic.in – check scores now

The Jammu and Kashmir Board of School Education (JKBOSE) has declared the Class 11 result 2025 on May 24, 2025. Students can check their scores using their roll number and registration number at jkbose.nic.in or jkresults.nic.in. The result is provisional and final marksheets will be issued by schools. Exams were conducted in February–March 2025. Students can apply for revaluation in August and begin preparing for Class 12 or competitive exams like JEE, NEET, and CUET.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Apple has had few incentives in the past to start making iPhones in US

Apple for decades has been building most of its devices in China, where it has invested tens of billions of dollars on massive factories that rely on a vast network of local suppliers. The company's reliance on a crucial pipeline outside the US thrust the technology trendsetter into the crosshairs of Trump's trade war.

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At Amazon, some coders say their jobs have begun to resemble warehouse work

As AI transforms coding, developers report increased speed, reduced creativity, and more repetitive tasks. At companies like Amazon, AI tools are boosting productivity but intensifying pressure, echoing past industrial shifts. Engineers fear their roles are being degraded, mirroring factory-style speedups that prioritise output over autonomy and skill development.

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Top tech and startup stories this week

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

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Tariff? Long arm of Trump law may not pluck Apple off India

Despite Trump's tariff threats against iPhones made outside the US, experts believe Apple will continue its India manufacturing plans. They suggest Trump's comments are a tactic to pressure India on trade. Analysts deem shifting production to the US unfeasible due to high labour costs, potentially raising iPhone prices significantly.

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Rapido’s gross order value soars 2.5x in FY25 to $1.25 billion

Urban mobility startup Rapido more than doubled its gross order value to $1.25 billion in FY25, driven by new services. However, rising cash burn has pushed it further from profitability. Rapido is now preparing to enter food delivery, hiring from rivals and engaging with major QSR brands and cloud kitchens.

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Anthropic rolls out Claude 4 family of AI agents

Anthropic, backed by Google, has launched its latest AI models, Claude Opus 4 and Claude Sonnet 4. These models offer advanced coding and reasoning skills. Claude Sonnet 4 is available for free users. Opus 4 is for Pro users. Both are accessible via Anthropic API, Amazon Bedrock, and Google Cloud's Vertex AI.

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ETtech Explainer: Why are D2C brands unhappy with Zepto’s ‘swap and save’ feature?

Many D2C brands, which pay commission on sales and invest in advertising and discounting, see red as Zepto rolls out its 'swap and save' feature, as they fear less expensive brands will replace their products in customers’ carts.

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India Inc shoring up its cybersecurity spends amid spillover threats

Following recent India-Pakistan tensions, Indian companies are bolstering their cybersecurity defenses. Heightened cyberattacks have prompted large and mid-sized firms, particularly in BFSI and critical infrastructure, to reassess their readiness.

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OpenAI to buy iPhone designer Jony Ive's AI devices startup

OpenAI said io is merging with it, while Ive and his “creative collective” called LoveFrom will stay independent.

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Pichai sees platform shift as AI brings tech research to life

Sundar Pichai says AI is driving growth. Google is launching AI mode for search in the US. The company is investing heavily in AI data centers. Google is integrating AI across its products. The Gemini app has over 400 million users. AI overviews in search has more than 1.5 billion users.

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10 time management techniques that can define success in competitive examinations

Success in competitive exams hinges less on intelligence and more on strategic time use. This article unpacks 10 powerful time management techniques—from reverse planning to energy mapping and weekly audits—that help aspirants transform study routines, eliminate distractions, and build consistency. These methods empower students to optimise every minute and perform with precision when it matters most.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Google ramps up AI features in search engine

Google enhanced online searches with more AI. CEO Sundar Pichai revealed a new AI mode for the search engine at Google I/O. This AI mode offers advanced reasoning and deeper web searches. It is currently available in the US. Google's AI Overviews have reached over 1.5 billion users. Concerns exist about the impact on ad revenue and website traffic.

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Health-tech startup CureBay raises $21 million in round led by Bertelsmann India

British International Investment and existing investor Elevar Equity also participated in the funding round. The Odisha-based tech-first hybrid healthcare platform will use the funds to bolster its in-house, proprietary tech stack, expand its footprint and hire talent.

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Tatas’ Hosur plant starts assembling Apple’s iPhones

Tata Electronics has begun assembling iPhone 16 models at its Hosur plant. This move aims to establish the company as a key smartphone supply chain player. The company is expanding its operations beyond enclosures. It is scaling up after acquiring Wistron and Pegatron's Indian arms. This development strengthens Apple's India presence and reduces reliance on China.

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Apple partner Hon Hai injects $1.5 billion into India unit

Hon Hai Precision Industry Co., Apple's primary iPhone manufacturer, is investing $1.5 billion in its Indian unit, signaling a production shift away from China. This move aligns with Apple's strategy to diversify its manufacturing base amid geopolitical tensions and potential tariffs. The majority of iPhones made in India are assembled at Hon Hai's southern India factory.

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PhonePe’s 5% dilemma: Payments still dominate revenue as it gets IPO-ready

PhonePe, backed by Walmart, is preparing for an IPO. The company's revenue heavily depends on its payments business. Financial services contribute a small portion to its total income. Rivals like Paytm generate more revenue from financial services. PhonePe's insurance business is growing. Its credit business is still in early stages. The company's valuation and IPO pricing are under scrutiny.

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Kaynes Semicon opens chip design centre in Oman with its IT ministry

Kaynes Semicon, a subsidiary of Kaynes Technology India, has inaugurated its first overseas chip design center in Muscat, Oman, in collaboration with Omani ministries. The VLSI design center will focus on front-end and back-end chip design, training 80-100 students annually. This initiative aims to build a robust semiconductor ecosystem beyond India, supported by the Omani government's funding.

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Sam Altman calls critics of Trump's UAE AI deals 'naive'

Sam Altman defended AI deals between the US and Gulf countries, dismissing critics as naive. These deals, involving companies like Nvidia, AMD, and OpenAI, aim to boost AI development in the region. However, US lawmakers worry about potential access for China to advanced AI chips through these partnerships, highlighting concerns over technology transfer and security vulnerabilities.

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Why Madras HC stayed NEET 2025 results: Answer key release, challenge process & result declaration date

The Madras High Court has stayed the declaration of NEET 2025 results after students at the Avadi examination centre near Chennai faced disruptions due to a power outage and rainwater leakage. The court directed the NTA to submit its response by June 2, 2025. Meanwhile, the provisional NEET answer key is expected to be released in May 2025. The NEET 2025 results are scheduled for release on June 14, 2025, subject to the court’s further decisions.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Zoho’s Sridhar Vembu warns of LLM-led job disruption in software development

Vembu’s remarks align with growing global apprehensions about AI-induced job displacement. In April, the United Nations Conference on Trade and Development (UNCTAD) stated that up to 40% of jobs worldwide could be affected by AI. The Economic Survey 2024-25 also raised this issue, highlighting the rapid progression of AI technology and its disruptive effects on the labour market.

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SBI Clerk Mains Result 2025 soon: How to download scorecard from SBI official website sbi.co.in

The SBI Clerk Mains Result 2025 is expected to be released soon on sbi.co.in for the exam conducted on April 10 and April 12, 2025. Candidates can download their scorecards using their registration number and date of birth. The recruitment, with 13,735 vacancies, includes a mains exam of 190 questions and no sectional cut-off. The result is valid for one year, and a 50% waitlist will be maintained for future appointments.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Epic Games' Fortnite not available on iPhones in EU and the US

Epic Games did not give a reason why Fortnite was blocked, but Apple said it had asked Epic Sweden to resubmit the app update without including the U.S. storefront so as not to impact Fortnite in other geographies. "We did not take any action to remove the live version of Fortnite from alternative distribution marketplaces," an Apple spokesperson said.

from Tech-Economic Times
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Top tech and startup stories this week

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

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EVaaS startup Fyn Mobility raises $2.5 million, eyes global markets

Fyn Mobility, an EV-as-a-service startup based in Chennai, has secured $2.5 million in funding from investors like Vijay Kedia and Swiggy CFO Rahul Bothra. The company intends to utilise the funds to grow its electric vehicle fleet and enhance its technology. Fyn Mobility is also planning to expand into Southeast Asia and is in discussions to raise $10 million for international expansion.

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OpenAI takes on Google Gemini Anthropic with AI coding agent for ChatGPT

OpenAI has launched Codex, an AI coding agent powered by codex-1, designed to assist software engineers with tasks like writing features, fixing bugs, and proposing pull requests. Available on ChatGPT Pro, Enterprise, and Team, Codex aims to improve coding workflows while incorporating safeguards against malicious use. Google DeepMind also enhanced Gemini 2.5 Pro with improved coding capabilities.

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Big breather for Indian cloud, data companies as US scraps Biden-era AI chip curbs

The US scrapped a proposed AI export control rule, easing pressure on Indian cloud firms who feared chip import limits. While bans on Huawei Ascend chips have little impact in India, new tracking mandates for US chips raise enforcement challenges. Industry leaders stress the need for India’s AI self-reliance amid rising compute demand and data sovereignty concerns.

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France targets 30,000 Indian students by 2030: What you need to know to be one of them

France has announced a major initiative to welcome 30,000 Indian students by 2030, offering exclusive programs like “classes internationales” to ease language barriers and academic integration. The country is also enhancing post-study work opportunities and offering affordable education through scholarships and public universities. With Indian students now the largest foreign group in French business schools, this move reflects France’s long-term strategy to strengthen educational and economic ties with India while avoiding brain drain.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Capillary Tech buys assets of customer loyalty services firm Kognitiv

Capillary Technologies, backed by Warburg Pincus, has acquired assets from the bankrupt Canadian firm Kognitiv, expanding its North American presence and gaining access to over 30 enterprise clients. This acquisition marks Capillary's third in North America as it prepares for a public offering later this year.

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BharatPe CTO Pankaj Goel resigns citing personal reasons

Pankaj Goel, chief technology officer of BharatPe, resigned citing personal reasons. He joined in July 2023 and is currently serving his notice period. This exit follows other senior leadership departures. BharatPe received RBI authorisation to operate as an online payment aggregator. The company plans to launch mutual funds and insurance products. BharatPe is also considering a public listing in the future.

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Intel has limited customer commitments for latest chip manufacturing tech, CFO says

Intel’s committed chip production volume for external customers using its new manufacturing tech remains low, CFO David Zinsner said. While test chip activity is ongoing, actual client commitments are limited as Intel pushes to expand its contract manufacturing ambitions.

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AI leadership roles up 40-60% in FY25 as talent demand soars

Leadership roles in artificial intelligence (AI) have surged by 40-60% year-on-year in FY25, according to data from staffing firms. Firms across IT, consulting, global capability centres, BFSI, and healthcare sectors are leading demand. Startups in ecommerce and fintech are setting up dedicated AI units.

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Finance automation startup Hyperbots raises $6.5 million from Arkam Ventures, Athera Venture Partners, others

Hyperbots, a startup building AI co-pilots for finance and accounting, raised $6.5 million in Series A funding led by Arkam Ventures and Athera. The funds will support US expansion, new product development, and the launch of HyperLM, its finance-trained proprietary language model.

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Pope Leo calls for news media to shun divisive language

Pope Leo XIV, in his first address to journalists, called for disarming media of hostility and promoting free, responsible communication. He advocated press freedom, praised imprisoned reporters, and warned of social media and AI risks. Leo also spoke with Ukraine’s president, echoing his predecessor’s peace-focused legacy.

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GCCs, small companies see an opening in WFO rules

Resistance to work-from-office (WfO) requirements comes at a time when low salary hikes in IT sector are also making many unhappy. While companies may be conceding to some requests to retain key employees who may be hard to replace, some people are quitting jobs and joining smaller firms or global capability centres (GCCs) that are open to work-from-home or hybrid models.

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CBSE results 2025 date and time: How to check CBSE Board Class 10 and 12 result online at cbse.gov.in

The CBSE is set to announce the Class 10 and 12 board exam results for 2025 between May 11 and 15, impacting over 44 lakh students. With multiple access options—official websites, DigiLocker, IVRS, SMS, and the UMANG app—students can easily retrieve their digital marksheets. This year's exams mark one of India’s largest school-level evaluations.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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US-China tariff talks to continue Sunday, as Trump touts 'great progress made'

President Trump hailed “great progress” in US-China tariff talks in Switzerland, suggesting a possible “total reset.” While no major breakthrough occurred, negotiations will continue. Trump aims to ease trade tensions affecting global markets. Talks with Swiss leaders also addressed US tariffs on Swiss goods, prompting cautious Swiss responses amid economic concerns.

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‘With AI, some of the world’s greatest storytellers will come from the most random places’

YouTube's creator economy, valued at $250 billion, is thriving—particularly in India, its largest market. Top global creators like Mark Rober, Mayo Japan, and Brandon B highlight the evolving landscape of content creation shaped by AI, diverse revenue streams, and rising global audiences. They see passion, optimism, and mainstream appeal ahead.

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US vs Google: What both sides argued in a hearing to fix its search monopoly

In a major antitrust case, the US government and Google clashed over remedies for the tech giant’s illegal search monopoly. The Justice Department proposed breaking up Google’s business, while Google warned of consumer harm. Judge Amit Mehta’s upcoming ruling could reshape online search and AI competition amid rapid industry transformation.

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Chipmakers find a ray of hope in AI chipsets amid US tariff gloom

Market trackers said chip makers are insulated from significant tariff impact due to the nature of their supply chain. The manufacturing of the chip sets largely takes place in Taiwan or Korea, which insulates the companies from a trade fallout with China. The origin of the final assembled device is often what determines the tariff applicability when shipped to a market like the US, so MediaTek and Qualcomm are not directly exposed to the evolving uncertainties, analysts said.

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PB Healthcare secures $218 million from General Catalyst, PB Fintech, others

PB Healthcare Services, a subsidiary of PB Fintech aiming to build a hospital network, has raised $218 million (Rs 1,848 crore) in its first major equity funding round. The round was led by US-based venture capital firm General Catalyst, with participation from other investors and PB Fintech itself.

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Apple looks to add AI search to Safari in potential blow for Google

Apple executive Eddy Cue made the comments while testifying as a witness for Google in the U.S. Department of Justice's antitrust case over Google's dominance in online search, according to a source familiar with the matter.

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Bira Maker’s interest payouts delayed amid liquidity woes

B9 Beverages, the company behind Bira beer, has delayed interest payments to some debt investors via the fintech marketplace KredX, as it battles a cash crunch. A retail investor with exposure to Bira told ET that he has yet to receive interest payouts for March and April on his KredX investments.

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Trump's crypto ventures cause tensions to bubble over as Democratic lawmaker scuttles key hearing

Although Congress had appeared likely earlier this year to pass legislation governing digital assets for the first time, Democrats have grown increasingly frustrated as Republican Trump and his family members have promoted their personal crypto projects.

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Agentic AI reshaping enterprise software pricing, business models

Agentic AI is transforming Indian SaaS and enterprise software pricing models by replacing human users with bots. Companies are shifting from per-user billing to consumption- and outcome-based pricing, including API and AI-unit models. While AI services now command premiums, some customers demand pricing certainty, prompting hybrid and bundled service offerings.

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US VC QED investors set to deploy $300 million in India, APAC

In the last five years, QED Investors has invested around $220 million across Asia. It has taken early bets in Indian startups like neo-banking platform Jupiter, credit card sourcing platform OneCard, Upswing, which enables consumer facing startups to offer financial services, and Efficient Capital Labs, which offers financing solutions to Saas (Software-as-a-service) companies.

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Ola IP may transfer to Bhavish Aggarwal family office

ANI Technologies operates the group’s ride-hailing business and holds the brand IP, which is currently licensed to Ola Electric, a separately listed electric vehicle (EV) company, in exchange for a fee. The proposed shift in ownership comes amid broader questions over the cross-holding of assets within the Ola ecosystem. The firms–ranging from ANI to Ola Electric and AI startup Krutrim–have overlapping but distinct shareholder bases.

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US researchers seek to legitimise AI mental health care

The Dartmouth team recently published a clinical study demonstrating Therabot's effectiveness in helping people with anxiety, depression and eating disorders. A new trial is planned to compare Therabot's results with conventional therapies. The medical establishment appears receptive to such innovation.

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RackBank to build 80MW AI data centre for Rs 1,000 crore in Raipur

RackBank has launched its new AI datacentre in Raipur, Chhattisgarh, with an initial investment of Rs 1,000 crore. The 13.5-acre facility, capable of housing 1 lakh GPUs, aims to meet India's growing AI needs. Utilising RackBank's liquid cooling technology for enhanced energy efficiency, the data centre anticipates creating job opportunities for 200–500 people.

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VITEEE result 2025 declared: Direct link to download scorecards here

Vellore Institute of Technology (VIT) has released the VITEEE 2025 results for BTech aspirants. Held from April 20 to 27, the exam was computer-based and had no negative marking. Candidates can check their scores by logging in at the official portal with their application number and password. The scorecard includes marks, rank, and personal details.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Google can train search AI with web content after AI opt-out

During a trial examining Google's search dominance, a Google VP testified that the company trains its AI models on web content, even if publishers opt-out. This data usage, particularly for AI Overviews, raises concerns about revenue loss for publishers. The Justice Department is pushing for measures to restore competition, including potential restrictions on Google's AI practices.

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Top tech and startup stories this week

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

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To make the most of IPL season: Small brands join team qcomm for maximum impact

Regional brands such as Troovy chips, Samyang Ramen noodles, Lucknow Kabaab Hub, Captain Sam’s pizza, Boss burger, Artinci cookies and Feeelings noodles are among those looking for an IPL lift. On average, 130-150 new regional brands get on delivery and quick-commerce platforms every month, though some stay for two-three quarters, depending on how much they are willing to pay as margin fees, executives said.

from Tech-Economic Times
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ONDC delays levying network fee again on stakeholder feedback

ONDC has postponed its planned network fee for seller apps to July 1, following stakeholder feedback. Initially set for January, the Rs 1.50 per transaction fee aims to fund infrastructure and services. The delay allows participants time to adapt, reflecting ONDC’s evolving approach and commitment to sustainable operations.

from Tech-Economic Times
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IT may add 35-45% more AI roles in FY26 as deployments rise

AI job growth in India is projected to surge by 45% in FY26, defying the tech sector's overall slowdown. Demand for roles like ML engineers, GenAI developers, and AI consultants is booming, though talent shortages persist. Companies offer high salaries to attract niche talent, especially in GCCs over IT services.

from Tech-Economic Times
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Visa partners with AI giants to streamline online shopping

While users will set spending limits, the AI agents will do the rest - searching for products, booking vacations or ordering groceries, the payments processor said on Wednesday.

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Amazon is not planning to show added tariff costs next to its online product listings

Amazon has denied reports that it plans to list tariff-related costs alongside product prices, following a news story and backlash from the Trump administration. The idea was briefly considered for Amazon's low-cost Haul storefront but was never approved. The controversy appears to stem from a misunderstanding of internal discussions.

from Tech-Economic Times
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Trump called Bezos to complain about Amazon report

Former US President Donald Trump reportedly called Amazon Executive Chairman Jeff Bezos to object to a news report claiming the company would show the impact of tariffs on product prices. Amazon denied the report, stating it had no plans to display tariff-related pricing on its retail site and had not implemented any such changes.

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In fierce UPI fight, new players Flipkart-backed Super.Money, Navi, Cred start to gain ground

New-generation UPI apps such as Navi, Cred, Bhim, and Super.Money have been quietly gaining market share over the last six months, aggressively using cashbacks and incentives to carve out a slice of the growing digital payments market. NPCI data shows that these smaller apps have collectively nearly doubled their market share.

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FM Nirmala Sitharaman asks NPCI to address infrastructure gaps to prevent future disruption of UPI

Finance Minister Nirmala Sitharaman urged stakeholders to address UPI infrastructure gaps, aiming for one billion daily transactions in 2-3 years. She stressed enhancing cybersecurity, global expansion, and onboarding more users and merchants to ensure resilience amid recent service disruptions and growing UPI adoption.

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High US tariffs pushing Chinese exporters to tap Indian firms for shipments to America: FIEO

High US tariffs on Chinese goods are pushing American sourcing firms and Chinese exporters to approach Indian companies for supplies, creating major opportunities for Indian exporters. FIEO highlights rising interest, though regulatory hurdles remain for Chinese firms investing in India.

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IT grapples with 20%+ drop in deal pricing on macro, AI impact

This scenario is expected to sustain leading IT firms to sharpen focus on cost efficiencies and vendor consolidation amid continued slowdown in technology spends by most corporate clients, analysts said. After Covid's strong growth period, the over-$280 billion technology services outsourcing industry has seen projects tilt towards cost takeout and vendor consolidation.

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Singapore orders foreigners' Facebook posts taken down under new election rules

Singapore has ordered Meta to block local access to posts by three foreigners accused of trying to sway the upcoming May 3 election along racial and religious lines. The move, under new social media rules, sparked denials from those involved and raised concerns about foreign interference in domestic politics.

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Israel's AI experiments in the war in Gaza raise ethical concerns

The Gaza conflict saw rapid deployment of AI tools—from facial recognition to Arabic-language chatbots—raising both strategic advantages and ethical concerns over surveillance, misidentification, and unintended civilian harm. These technologies, developed by Unit 8200 and tech-industry reservists, mark a new era of real-time AI use in warfare, prompting urgent debate over accountability and the human cost.

from Tech-Economic Times
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India grappling with a dearth of agentic AI experts

India is grappling with a critical shortage of agentic AI professionals as demand surges, driven by the shift towards sophisticated AI agents capable of autonomous decision-making. The current talent pool of under 100,000 is struggling to meet the projected need of 200,000 by 2026, leading to soaring salaries and intense competition among GCCs, IT firms, and startups.

from Tech-Economic Times
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Top tech and startup stories this week

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

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IndiaAI GPU tender: Lowest bidders receive AI workloads

Under the IndiaAI Mission, MeitY assigned AI projects to Yotta, E2E Networks, and NxtGen, offering GPUs at subsidised rates. The companies will supply over 11,600 GPUs collectively. India offers the world’s lowest GPU usage rate, aiming to boost AI capabilities amid global chip shortages and rising demand.

from Tech-Economic Times
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Mid-tier IT company Persistent's Q4 net profit balloons 25%

While healthcare will continue to see softness, CEO and executive director Sandeep Kalra is optimistic that banking, financial services & insurance and technology sectors to lead growth in the next three to four quarters.

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Meta lays off employees in Reality Labs division: Report

While the exact number of layoffs is not yet known, these latest layoffs follow a broader round of job cuts in February, when Meta reduced its workforce by nearly 3,600 roles—about 5% of its global headcount—citing performance-related concerns. The downsising aligns with CEO Mark Zuckerberg’s push to build a leaner, more agile organisation.

from Tech-Economic Times
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Sarvam and three other AI firms in MeitY’s LLM build out first shortlist

Soket AI Labs’ founder Abhishek Upperwal said it has proposed to create a 120-billion parameter open-source Indic LLM (large language model) trained on 2 trillion tokens under the ‘EKA Project’. Upperwal did not share the funding requirement. Meanwhile, Gnani.ai and Gan.ai have proposed to build small language models.

from Tech-Economic Times
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OpenAI’s image generator is now open to businesses worldwide via API

OpenAI has launched the gpt-image-1 API, enabling developers to integrate ChatGPT's image generation capabilities into their products. The model supports diverse visual styles and applications in design, marketing, and education. It includes safety filters and privacy measures, with tiered pricing.

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HCLTech's Q4 profit dips 6.5% to Rs 4,307 crore

The Noida-based company's forecast, though, was better than that of its peers. While Infosys has guided for flat to 3% growth in 2026 revenue, Wipro projected a 1.5-3.5% fall in revenue in the ongoing first quarter of FY26 in constant currency terms. Market leader Tata Consultancy Services does not give guidance.

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Crisis-hit BluSmart’s 500 staffers await clarity on their salary dues

On April 16, BluSmart suspended its ride-hailing operation. A day later, in an email to its customers, the company said it would initiate a refund of their balance amount on the BluSmart app within 90 days if it did not resume the services by then.

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Mobility startup Yulu eyes $80 million raise riding on quick commerce buzz

Yulu, a Bengaluru-based shared mobility startup, is in talks to raise $75–80 million to capitalise on quick commerce growth. Backed by Bajaj Auto and Magna International, the firm recently hit $30 million ARR and EBITDA profitability. It plans fleet expansion, while exploring a mix of debt and equity funding.

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ISRO achieves docking of SpaDeX satellites for second time

ISRO has successfully completed a second autonomous satellite docking under its Spadex mission, a key milestone for future space endeavours. The experiment included inter-satellite power transfer and builds on earlier trials. It supports ISRO’s long-term goals, including a space station and human lunar mission.

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BluSmart bond holders may invoke immediate repayment provisions

BluSmart Mobility, which raised approximately Rs 100 crore through non-convertible debentures (NCDs) from high-net-worth individuals and retail investors, may soon face an ‘Event of Default’ demand from bondholders.

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ETtech Explainer: How Trump tariffs hit Nvidia’s China business, and stock

The US has tightened curbs on export of high-end AI chips to China for the third time, which has exacerbated the pain for semiconductor major Nvidia and its peers amid the Trump tariff-led global uncertainty. As tech stocks lead index routs, we take a deeper look what the barriers could mean for technology and trade.

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TS Inter results 2025 expected soon: Check how to download marksheets here

The Telangana State Board of Intermediate Education is expected to announce the TS Intermediate Results 2025 in April. Students from both General and Vocational streams can access their results online using their hall ticket number. The provisional mark sheets will be available on tsbie.cgg.gov.in and results.cgg.gov.in, with original documents to be collected from schools.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Work-life balance: Zepto CEO Aadit Palicha says company's fast paced culture not for everyone

Amid the ongoing work-life balance debate, Palicha made headlines for the wrong reasons last years with his tweet: "Nothing against work-life balance. In fact, I recommend it to all our competitors." In a recent interview with Y Combinator’s Garry Tan, he said join Zepto if you're looking to do the best work of your life.

from Tech-Economic Times
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BluSmart crisis: Green mobility’s red flag is giving HNIs bond blues

The bondholders’ concerns stem from cash-strapped BluSmart’s failure to raise $50 million in a fresh round and an ongoing probe by markets regulator Sebi into Gensol Engineering—promoted by BluSmart’s cofounder Anmol Singh Jaggi, said people aware of the development. Investors, who trusted the fintech platforms to do a thorough due diligence before syndicating the bonds, have started losing faith.

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Google makes Gemini Advanced free for US college students

The company said Gemini Advanced, including Deep Research, Gemini Live, Canvas and video generation products, will be free for college students. Gemini will be enabled in Google Docs, Sheets and Slides, and Google's experimental image and video generation tool Whisk will also be available, the tech giant said in a blog post.

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Nazara to add Rs 800-1,000 crore to M&A war chest

Nazara Technologies is targeting global gaming studios with established intellectual properties, strong teams, annual revenue of around Rs 100 crore and an earnings margin before interest, taxes, depreciation and amortisation (Ebitda margin) of at least 20% for acquisition.

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'Tough, sad for those involved': Boat cofounder Aman Gupta reflects on BluSmart’s troubles

Aman Gupta said incidents like these shake trust in the startup ecosystem and highlighted the importance of strong ethics and compliance. He urged entrepreneurs not just to chase growth, but to focus on building responsible and well-governed companies.

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Wipro posts 26% jump in Q4 net profit to Rs 3,570 crore

India's fourth largest software services exporter posted a net profit of ₹3,570 crore for the quarter ended March 31, in line with analyst estimates tracked by ET. Revenue rose 1.3% from a year earlier to ₹22,504 crore. In dollar terms, Wipro missed its own guidance with revenue declining by 1.2% from the previous quarter and 2.3% a year earlier to nearly $2.60 billion.

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They sell party supplies on Amazon, new tariffs threaten their future

Amazon sellers Jing and Eddie Levine face major uncertainty after President Trump’s sweeping tariffs disrupted global trade. Relying on Asian suppliers for party goods, they now grapple with rising costs, unstable shipping, and limited US alternatives—highlighting the vulnerability of small ecommerce businesses to rapid policy shifts in international trade.

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ETtech Explainer: Decoding OpenAI’s new GPT-4.1 model with better coding skills

OpenAI has launched a new set of artificial intelligence (AI) models called GPT-4.1, along with lighter versions GPT-4.1 Mini and GPT-4.1 Nano. These models are designed to do a better job at tasks such as writing code, following instructions, and understanding long documents or conversations.

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Google's spam policy hit by EU antitrust complaint from German media company

Launched in March last year, Google's site reputation abuse policy targets the practice of publishing third-party pages on a site in an attempt to abuse search rankings by taking advantage of the host site's ranking signals, commonly referred to as parasite SEO.

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Scoop: Flipkart product, tech head Jeyandran Venugopal may join Reliance Retail Ventures as CEO

Jeyandran Venugopal, Flipkart’s outgoing chief product and technology officer, will likely head Reliance Industries Limited’s (RIL) consumer-facing businesses. Venugopal is expected to take charge of Reliance Retail Ventures (RRV), which operates platforms such as Reliance Brands, JioMart, Ajio, Tira and other online and offline retail businesses.

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