Microsoft Layoffs: The AI race is reshaping global tech, but Google CEO Sundar Pichai insists there won’t be just one winner. While AI is transforming how companies work and hire, it’s also triggering mass layoffs, with over 50,000 tech jobs…
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Mastek, a digital engineering firm, will appoint Raghavendra Jha as Chief Financial Officer. The appointment is effective from May 19, 2025. Jha succeeds Arun Agarwal. He has experience in IT, manufacturing and metals industries. Jha previously worked at Tessolve Semiconductors…
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JPMorgan Chase will allow clients access to Bitcoin ETFs, marking a major shift despite CEO Jamie Dimon’s long-standing criticism of the cryptocurrency. While Dimon remains sceptical, likening Bitcoin to illicit activity, he supports clients’ right to invest. The move signals…
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Apple is looking to import most of the iPhones it sells in the US from India by the end of next year, drawing the wrath of US President Donald Trump, who said last week he’d asked Apple CEO Tim Cook…
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Brokerage houses have flagged potential supervisory actions by the RBI, downgraded growth and profitability estimates, and questioned the bank’s internal controls and governance standards. Exposure to riskier segments like microfinance (9% of book), gems and jewellery (2.5%), and real estate…
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The Indian rupee remained steady, influenced by various factors. The Chinese yuan’s slight decline and dollar sales from foreign banks played a role. Dollar-rupee forward premiums decreased due to rising U.S. bond yields. Expectations of policy easing by the Reserve…
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