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.

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