Global Market: M&A hits record $2.8 trillion in H1 2026 as mega-deals dominate activityGlobal M&A activity hit a record Rs 2.8 trillion in the first half of 2026, driven by a surge in mega-deals above $10 billion. Supportive f...
02 Jul, 2026, 09.58 AM IST
Why CDSCO and BEE have not kept pace with the industries they overseeCDSCO still faces challenges like chronic understaffing, gaps in technical skills, weak lab infra and fragmented approvals. About a decade ...
02 Jul, 2026, 01.21 AM IST
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
02 Jul, 2026, 12.43 AM IST
DMK chief Stalin announces party reorganisation advisory committeeDMK chief M.K. Stalin has formed a 10-member advisory panel to overhaul the party's structure following recent election results. This move ...
01 Jul, 2026, 10.21 AM IST
Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
01 Jul, 2026, 07.41 AM IST
Bitcoin miner and AI firm Ionic Digital files for Nasdaq direct listingThe company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which recei...
30 Jun, 2026, 09.23 AM IST
Along came an alien prompt: A day in the life of a software engineerThe role of an IT engineer has been rewritten over the past two years. Against the backdrop of persistent layoff fears, ET speaks to a cros...
30 Jun, 2026, 06.00 AM IST
BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
29 Jun, 2026, 01.13 PM IST
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
28 Jun, 2026, 11.42 AM IST
Adani Enterprises: A high-risk, high-reward bet that is not for the faint-hearted: Sudip BandyopadhyayAdani Group is set to invest $15-20 billion over the next five years, focusing on expanding its ports to handle 1 billion tonnes, boosting ...
24 Jun, 2026, 03.49 PM IST
General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led t...
23 Jun, 2026, 08.03 PM IST
Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
23 Jun, 2026, 08.53 AM IST
WazirX bets on AI, futures trading to fuel comeback after $235-million hackCryptocurrency exchange WazirX is introducing AI-powered trading tools, advanced trading products and customer experience upgrades followin...
22 Jun, 2026, 06.23 PM IST
US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confidentAccenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. C...
19 Jun, 2026, 04.08 PM IST
Meta head of product for 'AI for work' transformation is leaving companyA key Meta executive overseeing AI tool improvements is departing. Emily Dalton Smith was leading efforts to centralise internal AI tools i...
18 Jun, 2026, 09.09 AM IST
Meta head of product for 'AI for work' transformation is leaving companyMeta is hitting a new chapter as Emily Dalton Smith, a key executive with a longstanding history at the company since 2015, exits. Her lead...
18 Jun, 2026, 07.36 AM IST
Techie says firm fired 90% of staff, plans to hire back as developers are 'dime a dozen' in BangaloreA Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...
17 Jun, 2026, 01.43 PM IST