Infosys logs 21% jump in Q4 profit

Infosys, India's second-largest IT firm, announced robust revenue and net profit figures for the fourth quarter of FY26. Despite outperforming rivals, the company issued a wider annual revenue forecast for FY27. This cautious outlook reflects global economic shifts and the impact of artificial intelligence on the IT sector.

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Meta tells staff it will cut 10% of jobs in push for efficiency

Meta Platforms is set to lay off approximately 8,000 employees, about 10% of its workforce, on May 20. This significant workforce reduction aims to boost efficiency and offset substantial investments in artificial intelligence development. The company is also freezing 6,000 open positions. Affected employees will receive generous severance packages and support services.

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MS Dhoni, Bumrah, Pandya and others put $11 million in LightFury

Gaming startup LightFury Games has secured $11 million in funding, including investments from Indian cricketers like MS Dhoni, Jasprit Bumrah, and Hardik Pandya. The company aims to build a global AAA cricket gaming franchise, with its mobile-first title, eCricket, slated for a 2026 launch.

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TSMC plans to open chip packaging plant in Arizona by 2029, executive says

Modern artificial intelligence chips, such as those made by Nvidia, are not single chips but several chips glued together with advanced packaging technologies, a step that has become a supply ‌bottleneck for Nvidia ⁠and others. ⁠In a January earnings call, TSMC said it was applying for permits to begin construction ​of its first advanced packaging plant in an existing Arizona facility, but did not give ​a timeline for when it will come online.

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Sundar Pichai reaffirms $185 billion capex spending by Google in 2026

Google plans a massive $185 billion investment in artificial intelligence infrastructure this year. CEO Sundar Pichai highlighted AI's growing role in software development and security. New platforms like Gemini Enterprise Agent and advanced chips like TPU 8t and TPU 8i are being introduced. This significant spending signals Google's strong focus on enterprise AI solutions and future growth.

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SUSE eyes deeper India push as CEO flags growth, open-source demand

SUSE plans to increase investments in India, recognizing it as a significant growth market for open-source technologies. The company aims to deepen partnerships with Indian firms and expand its presence, aligning with the country's strong affinity for open source. This strategic move supports SUSE's global focus on digital sovereignty and AI solutions.

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Competition doesn’t limit growth in India: Groww’s Lalit Keshre on building a full-stack wealth platform

After steering Groww to a blockbuster IPO in under a decade, Keshre was named Entrepreneur of the Year at The Economic Times Awards for Corporate Excellence 2025, having outpaced legacy bank-backed brokerages and established fintech incumbents.

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AI platform NudgeBee raises $3 million in funding from Kalaari Capital

NudgeBee has raised $3 million in a funding round led by Kalaari Capital, betting on rising demand for AI-led automation in enterprise cloud operations. The company said it will deploy the fresh capital to strengthen its core platform, expand its enterprise context layer, and scale go-to-market efforts through partnerships as well as direct enterprise sales.

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AI anxiety and job uncertainty push Princeton’s Class of 2028 away from Computer Science majors

Princeton's Class of 2028 sees a significant drop in computer science majors, a trend mirroring national concerns about AI and job market uncertainty. Students are now gravitating towards engineering disciplines like electrical and computer engineering, alongside mathematics, seeking more durable career paths. Economics remains popular, with public affairs and molecular biology also seeing growth.

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Lovable denies data breach, says public settings are ‘intentional’

Lovable data breach: Stockholm-based AI app-building platform Lovable said it did not suffer a data breach after concerns surfaced over the visibility of chat messages and code in projects set to public.

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Senior IT executives join AI party as startup founders

Senior Indian IT executives are launching their own AI startups, leveraging years of client contacts and enterprise knowledge to offer cost-efficient AI-led services. This trend is accelerating as agentic AI allows smaller, agile teams to compete with larger IT incumbents, filling niche market demands and attracting venture capital.

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Kentucky lawmakers override veto to pass bill allowing faculty layoffs for financial reasons

Kentucky lawmakers have overridden Governor Beshear's veto, allowing public universities to dismiss faculty, including tenured staff, for financial reasons like low enrollment or revenue shortfalls. Governing boards must establish dismissal processes by October 1. While proponents cite improved financial stewardship, critics fear the law could be misused beyond genuine financial necessity.

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CBSE schools to establish skill labs for experiential learning aligned with NCF-SE 2023 guidelines

The Central Board of Secondary Education has directed all affiliated schools to establish Composite Skill Labs to strengthen vocational and skill-based learning. The initiative aligns with NEP 2020 and NCF-SE 2023, making practical education a core component of schooling. Schools must create dedicated lab spaces with specified infrastructure. New institutions must comply immediately, while existing schools have until August 22, 2027. Detailed guidelines outline equipment, safety norms, and operational measures for effective implementation.

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BSB class 10 and 12 results 2026 released online via DigiLocker; check direct link here

BSB class 10 and 12 results 2026: The Bharatiya Shiksha Board declared Class 10 and 12 results for 2026 via DigiLocker on April 18, 2026. Examinations were conducted from March 9 to March 25 across multiple centres with nationwide participation. Students can access provisional mark sheets online using roll numbers, with original documents to follow through schools. Results are integrated with APAAR IDs under NEP provisions. The pass percentage stands at 88.04% for Class 10 and 85.94% for Class 12.

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Harvard University’s plan to expand writing class size draws union objection

Harvard University's proposal to increase class sizes in its Expository Writing Studio 10 courses from 10 to 15 students has sparked a labor dispute. Union representatives argue this unilateral change increases instructor workload and must be bargained, citing federal labor law. Harvard maintains it's an academic decision open for discussion.

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Govt recognised over 55,200 startups in FY26

India has recognised more than 55,200 startups in FY26, a 51.6% rise over last year, while the direct jobs created by them increased 36.1%, the “highest” in a single year since the launch of the Startup India initiative in 2016, the government said on Friday.

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Nimble companies are succeeding in the AI era: YC's Jared Friedman

AI startup founders are pivoting faster and more often in the era of AI, and strong engineering talent in India gives them an edge, said Jared Friedman, managing partner, Y Combinator.

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Legal checkpoints for AI agents now mission critical, say experts

Legal and policy experts are urging Indian regulators to move beyond broad AI principles and begin addressing the unique risks posed by autonomous AI agents. India currently has no dedicated law to govern AI agents that can act on their own and interact with other systems, leading to a yawning gap as companies rapidly deploy such tools across payments, banking and supply chains, they said.

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OpenAI launches AI model GPT-Rosalind for life sciences research

The GPT-Rosalind, named after 20th-century British scientist Rosalind Franklin, is designed to support ‌research ⁠across biochemistry, drug ⁠discovery and translational medicine.

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IndiGo takes equity stake in air-taxi startup Sarla Aviation, backs eVTOL push

IndiGo, India’s largest airline, has invested in Bengaluru-based Sarla Aviation, which is developing an electric aircraft to be used as flying taxis. The carrier picked up equity worth Rs 10 crore through its investment arm IndiGo Ventures in the startup in January, as per the Registrar of Companies filings.

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Lenskart’s Peyush Bansal admits language lapse in grooming policy; denies restricting religious symbols

A screenshot of a Lenskart grooming policy that circulated online sparked the controversy. Bansal said the document does not reflect Lenskart’s present guidelines and clarified that employees are free to wear symbols such as bindis and tilak.

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Microsoft takes over Stargate data center from OpenAI in Norway

Microsoft will rent 30,000 additional Nvidia Vera Rubin chips from neocloud provider Nscale at a campus inside the arctic circle in Narvik, Norway, Nscale said in a statement. This builds on a prior $6.2 billion commitment Microsoft made at the same site.

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Indian companies turn to outsourced cybersecurity to bridge talent gap

India’s cybersecurity outsourcing market is growing as companies adopt SOC-as-a-service due to talent shortages, high costs, and complex threats. Mid-sized firms lead demand, especially in BFSI, telecom, and IT. Hybrid models dominate, with AI-driven automation improving efficiency, while human oversight remains essential in managing evolving cyber risks and responses.

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Barnard to roll out Workday Student system by 2028 to streamline academic, administrative services

Barnard College is set to adopt Workday Student, a new system for academic and administrative tasks. This transition aims to streamline operations by consolidating multiple platforms. The college is involving students and faculty in advisory groups to refine the system. This move is part of a larger plan to modernize infrastructure and improve efficiency.

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Large AI firms hoovering maximum funding, not enough for smaller startups: Y Combinator’s Ankit Gupta

YC Startup School: India’s talent pool across colleges and universities are key for building next-gen startups, which is what YC is looking to tap into. It wants to target entrepreneurs building for global markets, focussed on fintech, consumer, B2B, and ecommerce, among others.

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Harvard graduate student union plans strike over stalled contract talks on pay and protections

The Harvard Graduate Student Union-UAW announced a potential strike on April 21 if demands regarding wages, protections for non-citizen workers, and arbitration for harassment cases are not met. Despite Harvard claiming progress, the union cites disappointment and a strong strike authorization vote. Negotiations continue with limited agreements reached so far.

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TS Inter 1st and 2nd Year Results 2026: Official and unofficial websites to check Telangana intermediate marks memo

The Telangana State Board of Intermediate Education will announce TS Inter Results 2026 at 11:00 AM in Hyderabad for both 1st and 2nd year students. Results will be available on official websites like tgbie.cgg.gov.in and results.cgg.gov.in, along with alternate platforms such as results.gov.in and third-party sites. Students can check their marks memo using hall ticket numbers. Multiple access channels, including media distribution, aim to ease congestion for nearly 10 lakh candidates.

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JEE Main 2026 Session 2 answer key released, NTA opens objection window till April 13: Direct link

The National Testing Agency has released the provisional answer keys and recorded response sheets for JEE Main 2026 Session 2. Candidates can access these online and raise objections by paying Rs 200 per question within the specified window ending April 13. The examination was conducted across multiple dates and locations in India and abroad. Valid challenges will lead to revisions in the answer key, which will form the basis for preparing and declaring the final results.

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Chicago yet to decide on May Day school closure as union and district hold ground

Chicago Public Schools face a May Day dilemma as the teachers union pushes for class cancellations to allow participation in labor protests. The district CEO insists on keeping schools open, citing student learning. This standoff leaves over 315,000 students and families in limbo, with the school board set to make a final decision.

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Tesla's supervised self-driving software gets Dutch okay, first in Europe

Dutch regulators approved the ​use of Tesla's self-driving software with required human supervision on highways and city streets in a European first for the electric car maker, which hopes to see similar action from the rest of the European Union.

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Rapid fashion companies dress to kill...how fit is the model?

Venture-backed startups are testing quick-commerce for fashion, promising under-hour delivery in metro cities. Despite significant cash burn and heavy discounting to attract customers, investors are betting on this segment's potential. However, challenges like high inventory costs and evolving fashion trends question the model's long-term scalability.

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BITSAT admit card 2026 released at bits-pilani.admissions.ac.in: Direct link to download hall tickets here

The Birla Institute of Technology and Science, Pilani has released the BITSAT 2026 Session 1 admit card, with exams slated for April 15 and 16. Candidates must download the hall ticket from the official portal and verify details carefully. Entry to the exam centre will require a printed admit card and valid photo ID.

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TCS and five other firms empanelled to build & run AI for govt departments

The Centre has empanelled six partner firms, including Tata Consultancy Services (TCS), to develop and deploy AI solutions across government departments. More than 80 companies had submitted bids for the request for empanelment (RFE), which closed last week, with firms such as KPMG, Deloitte, PwC, EY, Fractal Analytics, Gnani AI and Jio Haptik missing the final shortlist on February 27.

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xAI CFO Anthony Armstrong leaves the company: Report

Anthony Armstrong, xAI's Chief Financial Officer, has left the company. This departure is part of a larger trend of senior staff exits. Armstrong was instrumental in guiding X's finances back to stability. Meanwhile, SpaceX is preparing for a significant initial public offering. The space company aims to raise a substantial amount of capital.

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BlackBerry forecasts upbeat quarterly revenue, says turnaround complete

BlackBerry anticipates strong first-quarter revenue, exceeding market expectations. The Canadian software firm's strategic shift is showing positive results. Demand for its cybersecurity and embedded software is robust. The company's QNX division, crucial for automotive systems, is performing exceptionally well. BlackBerry is poised for further growth, with plans for increased investment and potential acquisitions.

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PE-backed IT companies growing faster, thanks to costs control, ops shifts, say experts

Private equity backed IT firms are growing faster than public market companies. This is due to strong cost control and operational changes. These firms show higher risk appetite and focus on leadership. They are also quicker to adapt to AI-led disruption. This efficiency leads to higher market valuations. Investors are interested in their repeatable revenue and scalability.

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Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuation

Digital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last private round before a planned public listing. The company is awaiting regulatory approval for its initial public offering. Kreditbee has expanded its offerings and is investing in new technology.

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Anthropic touts AI cybersecurity project with Big Tech partners

Under its "Project Glasswing", select organizations will be allowed to use the startup's unreleased and general-purpose AI model, "Claude Mythos Preview", for defensive ‌cybersecurity work, Anthropic ⁠said. ⁠Other partners include CrowdStrike, Palo Alto Networks, Google and Nvidia.

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Ron DeSantis signs new Florida law to label groups as terrorists and expel student supporters

Florida Governor Ron DeSantis signed a law empowering authorities to designate groups as terrorist organizations and expel students supporting them. This measure allows for the dissolution of designated groups and makes them ineligible for state funding. Critics warn the law's vague language could chill free speech and target student protesters.

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Trump administration scraps key protections for transgender students in US schools

The US Education Department has ended agreements protecting transgender students in six institutions, reversing prior interpretations of Title IX. This move, criticized by advocacy groups, removes requirements for staff training on preferred pronouns and bathroom access based on gender identity. Some districts are rolling back protections, while others reaffirm their commitment to LGBTQ+ students.

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Samsung flags eightfold jump in Q1 profit as AI chip demand drives up prices

Samsung estimated an operating profit of 57.2 trillion won ($37.92 billion) for the January ​to March period, compared with an LSEG SmartEstimate of 40.6 trillion won and a more than eight-fold jump from 6.69 trillion won a year earlier.

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Syracuse University to cut 93 low-enrolment academic programmes, focus on high-demand courses

Syracuse University is cutting 93 academic programmes, including degrees and certificates, to better align its offerings with student demand. This strategic move, not driven by financial issues, aims to create a more focused curriculum. Officials noted low enrolment in many of these programmes, with over half having no students. All current students will complete their studies uninterrupted.

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Platforms brace for impact as gig workforce returns home

According to industry executives, the daily active gig workers on quick commerce platforms are currently running 10-12% below early-2026 levels. The timing is particularly damaging. Typically, quick commerce as well as food delivery platforms see an uptick in demand during this period due to Indian Premier League (IPL) matches.

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What’s at stake for higher education and research in Trump’s new budget proposal

President Trump's fiscal year 2027 budget proposes a significant shift towards defense spending, allocating $1.5 trillion to military initiatives. This plan includes substantial cuts to education, research, and domestic programs, aiming to offset increased defense costs. The proposal, which faces congressional approval, outlines a policy direction prioritizing national security over social and scientific investments.

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University of Pennsylvania updates study abroad application process: Here's what’s new for students

Penn Abroad has revamped its study abroad application system, introducing a new platform, PASSPORT, for spring 2027 applicants. Students now list three alternate programmes, and academic approval moves post-submission. Deadlines for selective programmes shift to June, offering more time for students to explore options if their first choice isn't secured. This aims for a smoother, more flexible application experience.

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DRDO INMAS Apprentice Recruitment 2026: Apply for graduate, diploma training posts, direct link here

Defence Research and Development Organisation's Institute of Nuclear Medicine and Allied Sciences in Delhi is recruiting apprentices. Graduate and diploma holders can apply for training opportunities. Selected candidates will gain hands-on experience in defence research. The apprenticeship program follows the Apprentices Act, 1961. Stipends will be provided as per government norms. Applications are open now.

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MPESB Nursing Officer Recruitment 2026: Applications open for 2,317 posts from April 6; details here

The Madhya Pradesh Employees Selection Board has announced over 2,300 vacancies for Nursing Officers and Sister Tutors. Applications open on April 6, 2026, and close on April 20, 2026. The computer-based examination is scheduled to commence from May 15, 2026, with eligibility requiring a B.Sc Nursing degree and an age limit of 18-40 years.

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Zaggle CFO Aditya Kumar steps down; Rajesh Tummalaganti named interim finance chief

Fintech firm Zaggle Prepaid Ocean Services on Friday said its chief financial officer Aditya Kumar has stepped down from his role, effective April 3, 2026. The company has appointed Rajesh Tummalaganti as interim CFO.

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University of Washington professor fired from director role after sending email criticising Iran war

Recent US cases highlight academic expression limits concerning the Middle East. Professors faced removal or lawsuits after comments on Israeli actions and the Israeli-Palestinian conflict. These incidents, alongside a surge in complaints and legal aid requests, suggest a growing tension between academic freedom and institutional expectations, particularly for pro-Palestinian speech.

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China moves to regulate digital humans, bans addictive services for children

The draft regulations would ​also ban the use of other people's personal information to create digital humans without ​consent, or using virtual humans to bypass identity verification systems, reflecting Beijing's efforts to maintain control in the face of advances in artificial intelligence.

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Pentagon to end military fellowship posts at Yale, cites ‘woke’ concerns: University defends academic role

The Pentagon is discontinuing military fellowship positions at Yale University, citing ideological differences and concerns over "woke" ideologies. This move impacts at least three fellowship slots, prompting Yale to defend its engagement with the military and commitment to diverse academic perspectives. The Pentagon is exploring alternative institutions for training military leaders.

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Founder exits loom over BigBasket, 1mg as Tata Digital reset continues

Bigbasket’s Hari Menon and Vipul Parekh are in the final stages of moving out amid the ongoing CEO search. Meanwhile, Prashant Tandon and Gaurav Agarwal of online pharmacy 1mg are assessing next steps due to a lack of clarity around IPO and exit path for other shareholders.

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SpaceX has held talks with Saudi fund for possible $5 billion investment in IPO

Elon Musk's SpaceX has had discussions with Saudi Arabia's Public Investment Fund ‌about PIF potentially ⁠taking ⁠an anchor stake of around $5 billion in the space company's IPO, according to two people familiar ​with the matter. The investment would partly prevent dilution of PIF's existing stake of just under ​1% in SpaceX.

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H-1B wage reset: What it means for Indian students and early-career professionals

The US Department of Labor has proposed a major overhaul of H-1B and employment-based green card wage rules, aiming to align foreign worker salaries with US market standards. Reported by Newsweek, the plan could raise minimum wages by about $14,000 annually, impacting entry-level roles the most. While the move may boost pay, it could reduce hiring opportunities for international graduates, prompting employers to prioritise experienced talent and rethink global recruitment strategies.

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SpaceX files initial paperwork to sell shares to the public and likely make Musk a trillionaire

A SpaceX IPO promises to be one of the biggest Wall Street events of the year, with several investment banks lining up to help raise tens of billions to fund Musk's ambitions to set up a base on the moon, put datacenters the size of several football fields in orbit and possibly one day send a man to Mars.

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Antisemitism probe at University of Pennsylvania intensifies as court seeks records on Jewish employees

A federal judge has ordered the University of Pennsylvania to share Jewish employee records with the EEOC for an antisemitism probe, while limiting the scope. Employees can opt out, but the agency must contact them directly. The university plans to appeal, citing privacy and First Amendment concerns, despite the judge criticizing Holocaust comparisons.

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