Author: News Desk

Cisco has announced plans to cut nearly 4,000 jobs globally as part of a major restructuring aimed at increasing investments in artificial intelligence and other fast-growing technology sectors. The layoffs are expected to affect less than 5% of Cisco’s global workforce and will reportedly take place during the fourth quarter of fiscal 2026. Cisco CEO Chuck Robbins said the company is redirecting investments toward AI infrastructure, silicon, optics, networking, and cybersecurity to strengthen its position in the rapidly expanding AI market. The restructuring comes despite Cisco reporting stronger-than-expected quarterly revenue growth driven by rising demand from hyperscale AI data centre…

V. D. Satheesan has reportedly been chosen by the Congress leadership as the next Chief Minister of Kerala after the Congress-led UDF secured a major victory in the 2026 Assembly elections. Reports suggest the decision was finalised after multiple rounds of consultations between senior Congress leaders, including Rahul Gandhi and Mallikarjun Kharge, along with Kerala party leadership in New Delhi. Satheesan emerged as one of the strongest contenders following his leadership role as Opposition Leader and his prominent campaign against the ruling LDF government over the past five years. The Congress-led United Democratic Front won a decisive mandate in Kerala,…

Uber is reportedly planning its first major data centre project in India in partnership with Adani Group as the ride-hailing giant expands its digital infrastructure footprint in one of its largest global markets. According to reports, the proposed collaboration could involve data storage infrastructure, cloud operations, and AI-driven computing capabilities to support Uber’s growing India business and technology operations. Industry observers say the move reflects increasing demand for localised data infrastructure as global technology companies expand operations in India amid stricter data localisation requirements and rapid growth in digital services. The Adani Group has been aggressively expanding into data centres,…

U.S. President Donald Trump and Chinese President Xi Jinping are holding a major summit in Beijing focused on trade, artificial intelligence, Taiwan, and geopolitical tensions involving Iran and global supply chains. The meeting is being closely watched by India because any improvement or deterioration in U.S.-China relations could directly affect India’s strategic and economic interests. Analysts say issues such as semiconductor supply chains, manufacturing investments, regional security, and Indo-Pacific power balance are highly relevant for New Delhi. Reports suggest trade negotiations, technology cooperation, and Taiwan-related discussions are among the most sensitive topics at the summit. China is reportedly seeking relief…

India has imposed an immediate ban on exports of raw, white, and refined sugar until September 30, 2026, as the government moves to stabilise domestic prices and ensure sufficient local supply. The decision was announced through a notification issued by the Directorate General of Foreign Trade under the Ministry of Commerce and Industry. Officials say the export restriction is aimed at cooling rising sugar prices and preventing shortages in the domestic market. India is the world’s second-largest sugar producer and one of the largest exporters after Brazil. However, concerns over lower cane yields, weather disruptions, and tighter production forecasts have…

Kerala has reportedly imposed temporary limits on fuel purchases at petrol pumps, restricting petrol sales to a maximum value of ₹5,000 per customer and capping diesel purchases at 200 litres. According to reports, the decision was introduced as a precautionary measure to manage fuel distribution and prevent panic buying amid concerns over supply disruptions and rising global oil market uncertainty. Officials stated that essential services, emergency vehicles, and public transport operations are expected to receive priority access if required. Industry observers say the move is aimed at ensuring fair fuel distribution and maintaining stable supplies across the state. The restrictions…

Defence Minister Rajnath Singh will visit Vietnam and South Korea from May 18 on a four-day trip aimed at strengthening defence cooperation and strategic partnerships in the Indo-Pacific region. During his visit, Singh will travel first to Vietnam before heading to South Korea on May 20. He is expected to hold bilateral talks with defence ministers of both countries and call on their respective Presidents. Vietnam focus: BrahMos deal and military cooperation Talks in Vietnam are expected to centre on the proposed export of the BrahMos missile, along with training support, logistics assistance, and an initial supply package. The deal…

Tata Advanced Systems Limited has achieved a major milestone by rolling out the first Airbus C295 from its Final Assembly Line in Vadodara, Gujarat, marking a significant step in India’s defence manufacturing capabilities. This is the first time a private Indian company has successfully set up and operated a complete military aircraft assembly line in the country, reflecting a major shift in India’s aerospace production ecosystem under the Make in India initiative. The project is part of a ₹21,000 crore contract signed in 2021 between India and Airbus for 56 C295 aircraft for the Indian Air Force. Under the agreement,…

Sunil Bharti Mittal, Chairman of Bharti Airtel, has supported Prime Minister Narendra Modi’s call for stronger domestic investment and reduced dependence on imports, especially gold, to help India navigate global economic uncertainty. Speaking at the Confederation of Indian Industry Annual Business Summit, Mittal said the current global environment demands greater focus on building strength within India. He stressed that industries must contribute actively to national resilience, given that millions of jobs depend on sustained economic growth. He echoed the Prime Minister’s view on gold imports, saying the “obsession with importing gold” needs to be reduced in order to protect economic…

Amazon Ring has shifted its customer support operations toward AI-driven voice systems, partnering with startup Vapi after testing more than 40 vendors to handle rising call volumes during the holiday season. The rollout now routes all inbound customer calls through Vapi’s platform, replacing traditional call-center and automated phone systems with AI agents designed for more natural, responsive conversations. The move was driven by Ring’s need to scale support efficiently while maintaining service quality during peak demand. Following the deployment, Vapi raised a $50 million Series B funding round led by Peak XV Partners, valuing the company at around $500 million…