The initial public offering market has entered a phase of stagnation, with no major IPOs launched in the past three weeks. The last significant IPO was Quality Power, which opened for subscription on February 14, 2025. Since then, the primary market has seen a lull, raising concerns about investor sentiment and market conditions.Despite speculation surrounding Tata Capital’s anticipated $11 billion IPO, which is expected to be one of the largest listings of the year, the overall slowdow

Microchip Technology has announced plans to lay off 2,000 employees, approximately 9 percent of its global workforce, as part of a restructuring plan aimed at cost reduction and operational efficiency. The decision is driven by declining semiconductor demand, particularly from the automotive sector, where companies are struggling to clear existing chip inventories before placing new orders.The semiconductor industry has faced challenges over the past year, with demand fluctuations affecting m

Amazon Web Services, the cloud computing arm of Amazon, is set to invest approximately $8.2 billion in Maharashtra over the next few years, according to the Ministry of Electronics and Information Technology. IT Minister Ashwini Vaishnaw stated that the investment would play a key role in job creation while strengthening India’s cloud computing infrastructure. The investment is expected to be rolled out between 2029 and 2030.AWS is also planning to introduce its own graphics processing

Teleperformance, the world’s largest call center operator, is implementing artificial intelligence (AI) technology to neutralize Indian accents in real-time for clients in Western countries. According to a report by The Telegraph, the French company is using AI-powered software to enhance communication between customer service agents and callers by reducing accent-related misunderstandings.   AI Accent Neutralization for Improved Customer Interact

Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore

Bangladesh’s interim government chief Muhammad Yunus has rejected concerns over strained relations between Bangladesh and India, asserting that the diplomatic ties between the two neighboring nations remain strong despite recent tensions. Yunus acknowledged that some conflicts have emerged but attributed them mainly to misinformation and propaganda rather than any fundamental changes in the relationship.In an interview with BBC Bangla, Yunus highlighted the historical, political, and ec

Ukrainian President Volodymyr Zelensky has expressed confidence that US-Ukraine relations can be repaired following an intense diplomatic confrontation with US President Donald Trump at the White House. Speaking from London after a European security summit, Zelensky emphasized the need for closed-door discussions and reaffirmed his stance that Ukraine would not concede any territory to Russia in exchange for peace.Zelensky’s remarks came just days after his tense meeting with Trump and

Firefighters in North and South Carolina are battling multiple wildfires, forcing evacuations and leading to a state of emergency declaration in parts of South Carolina. The fires, fueled by dry weather, strong winds, and high temperatures, have quickly spread across forests and residential areas, prompting urgent firefighting efforts.The largest wildfire in the region has already burned 1,200 acres near Myrtle Beach, while North Carolina is dealing with multiple blazes in different forests.

The Indian government is working on refining the Production-Linked Incentive (PLI) scheme to increase local value addition and export-driven growth in key industries. While the scheme has successfully attracted investment across multiple sectors, officials believe that further improvements are needed to address import dependency and enhance India's global manufacturing competitiveness.Since its launch in April 2020, the PLI scheme has been instrumental in drawing substantial investments i

Choosing the right tax regime is an important decision for taxpayers in India. The old and new tax regimes offer different benefits, and individuals must carefully analyze their financial situation before selecting the most suitable option. While salaried employees have the flexibility to switch every year, business professionals have a more restricted choice.The decision between the two regimes depends on factors such as tax-saving investments, exemptions, and deductions. Understanding these

Google co-founder Sergey Brin has advised employees working on the company’s Gemini AI models to follow a 60-hour workweek and attend office daily in a bid to boost productivity and accelerate artificial general intelligence (AGI) development. This move comes as competition in AI innovation intensifies, with industry giants racing to achieve AGI dominance.In an internal memo accessed by The New York Times, Brin outlined his vision for an optimal work schedule, stating that a 60-hour wor

Reports circulating on social media recently claimed that country music icon Reba McEntire had passed away. These rumors, however, are completely false. The beloved singer, songwriter, and actress is alive and continuing her work in the entertainment industry. The misinformation, which quickly spread across platforms like Facebook, led to widespread confusion and concern among her fans. This is not the first time that

The Houston Livestock Show and Rodeo is one of Texas’ most anticipated events, offering an exciting mix of live music, rodeo competitions, and mouthwatering food. While the experience itself is unforgettable, many attendees find themselves wondering what to wear. A great rodeo outfit doesn’t have to come with a high price tag. With a few smart shopping strategies and budget-friendly finds, you can put together a stylish and comfortable look without b

The United States Agency for International Development (USAID) has been accused of sending over $2 billion in aid to Hamas since the October 7, 2023, attacks on Israel, raising concerns over how U.S. foreign aid is allocated. The claims were presented during a House Committee hearing on USAID’s financial practices, bringing renewed scrutiny to the agency’s funding policies.   Additionally, reports suggest that USAID provided financial assistance to Falah-e-In

Technicolor India, a leading visual effects (VFX) and animation studio, has announced the closure of its operations in Bengaluru and Mumbai, affecting 3,200 employees. The decision is part of a global shutdown by its parent company, Technicolor Group, headquartered in Paris.This sudden move has left thousands of employees in distress, particularly in Bengaluru, where nearly 3,000 professionals were employed. The closure marks a significant blow to India's VFX and animation industry, which

Elon Musk’s artificial intelligence company, xAI, has made headlines with the launch of a bold new feature in its Grok 3 model: an uncensored AI voice interaction mode that allows users to engage in conversations with various personalities, some of which push the boundaries of ethical AI. Unlike other AI companies that impose strict content moderation, xAI is taking an open-ended approach, providing users with an experience that is largely unfiltered. This move has sparked excitement am

The Trump administration has announced a new measure requiring undocumented immigrants in the U.S. to register with the federal government. The mandatory registry, enforced by the Department of Homeland Security (DHS) and U.S. Citizenship and Immigration Services (USCIS), applies to all individuals aged 14 and older who do not have legal status in the country. Those who fail to comply could face fines, imprisonment, or deportation.This move is part of the administration’s broader crackd

Lahore: Afghanistan captain Hashmatullah Shahidi has set his sights on another massive victory in the ICC Champions Trophy 2025, as his team prepares to take on world champions Australia in their final group-stage match on Friday at Lahore’s Gaddafi Stadium.Coming off a thrilling eight-run victory over England, Afghanistan eliminated the defending champions from the tournament and strengthened their semi-final hopes. A win against Australia would guarantee Afghanistan a historic place i

Washington, DC: US President Donald Trump has reaffirmed his decision to impose 25% tariffs on imports from Mexico, Canada, and the European Union, tying them to border security concerns and trade imbalances. The tariffs, initially set for March 4, are now expected to take effect on April 2, giving businesses and trade partners a brief window to prepare.   Trump Links Tariffs to Fentanyl Crisis and Border Security During his first Cabinet mee

The family of Indian student Nilam Shinde, who is in a coma in the US following a tragic accident, has made an urgent appeal to the Indian government for a visa to be by her side.Nilam, 35, a Master of Science student, suffered severe fractures and head injuries after being hit by a four-wheeler in California on February 14. Her family in Satara, Maharashtra, learned about the accident two days later and has been struggling to secure a US visa since February 16. Vis