Author: News Desk
Microsoft is reportedly preparing its first-ever voluntary retirement buyout program, according to an internal memo, as the tech industry continues adjusting to rapid shifts driven by artificial intelligence. The move comes even as several major tech companies are reducing headcount while increasing AI investments. Like other US tech giants, Microsoft is spending heavily on AI infrastructure and services. However, adoption of its flagship AI product, Microsoft 365 Copilot, remains relatively low, with just over 3% of its 450 million 365 users actively using it. The proposed one-time voluntary retirement program would allow eligible employees in the United States to opt…
Sun Pharma is set to acquire US-based Organon & Co in a landmark $11.75 billion all-cash deal, marking one of the biggest overseas acquisitions ever by an Indian company. The transaction values Organon at $14 per share and brings with it $8.6 billion in debt. The move strengthens Sun Pharma’s push into high-value segments like specialty medicines, biosimilars, and women’s health, particularly in the US market. Organon, which was spun off from Merck in 2021, operates across women’s health, established brands, and biosimilars. In FY25, the company reported $6.2 billion in revenue, with strong EBITDA margins, and over $1.6 billion…
Oil and Natural Gas Corporation has said it held high-level discussions with Japan’s Mitsui OSK Lines to deepen cooperation in maritime logistics and energy transportation. The meeting took place at ONGC headquarters in New Delhi between ONGC Chairman Arun Kumar Singh and MOL Chairman Takeshi Hashimoto. According to ONGC’s post on X, both sides focused on expanding strategic ties and shaping the future of global energy movement through shipping and logistics. Focus on stronger energy supply chains The discussions centred on building more resilient supply chains and improving efficiency in energy transport systems. Both companies also explored ways to create…
Japan has launched applications for the LOTUS Programme 2026, inviting up to 1,000 Indian Master’s students, PhD scholars, and researchers for fully funded research opportunities at Japanese institutions. The initiative aims to strengthen academic cooperation between India and Japan and promote joint scientific research. About the LOTUS Programme The programme, led by the Japan Science and Technology Agency, is designed to support early-career researchers from India by enabling them to work on collaborative projects in Japan. It focuses on building long-term academic partnerships and expanding research networks between institutions in both countries. Selected candidates will get access to advanced research…
India and South Korea have taken a major step in space collaboration by launching a joint partnership during a high-level summit in Bengaluru, reinforcing their growing strategic ties. The initiative builds on a memorandum of understanding between the Indian Space Research Organisation (ISRO) and the Korea AeroSpace Administration (KASA), aimed at expanding cooperation across the space sector. A key highlight was the “Korea–India Space Day”, which brought together startups, industry leaders, and research institutions from both countries to accelerate innovation and commercialisation in the space ecosystem. The partnership signals a shift from basic collaboration to deeper industry-level engagement, with both sides…
Arjan Singh remains one of the most iconic figures in India’s military history, known as the only officer in the Indian Air Force (IAF) to achieve a five-star rank. He was awarded the rare title of Marshal of the Indian Air Force in 2002, a rank equivalent to a Field Marshal in the Army, in recognition of his exceptional service and leadership. Born in 1919 in Lyallpur (now in Pakistan), Arjan Singh joined the Air Force at just 19 and quickly rose through the ranks, showcasing exceptional flying and leadership skills. During World War II, he led missions in the Arakan campaign and was awarded the…
India is one of the leading producers of tamarind globally, with southern states playing a dominant role in its cultivation and collection. Among them, Tamil Nadu stands as the largest producer of tamarind in India, thanks to its favourable climate and extensive forest cover where tamarind trees thrive naturally. States like Karnataka and Andhra Pradesh also contribute significantly, making the southern region the hub of tamarind production in the country. Tamarind is not just a kitchen staple but also an important commercial crop, used in food processing, pharmaceuticals, and traditional medicine. A large portion of tamarind production comes from forest-based collection, providing livelihood opportunities for rural and tribal communities. India also exports tamarind to several…
Surbhi Sarna is an Indian-origin entrepreneur who built a $275 million cancer detection startup, driven by her own teenage health struggles. At just 13, she suffered from painful ovarian cysts, and doctors couldn’t confirm if they were cancerous, an experience that exposed the gaps in early detection. Determined to solve this problem, she founded nVision Medical, focusing on safer and more effective early detection of ovarian cancer. The company developed innovative technology to detect cancer at earlier stages, offering hope in one of the deadliest cancers affecting women. Her startup was eventually acquired by Boston Scientific for $275 million, marking a major success in the health-tech space. Sarna’s…
Tesla is expanding its hiring activity in India, signalling ambitions that go far beyond selling electric cars. Recent job postings and recruitment efforts suggest the company is building capabilities in technology, energy, and advanced engineering, positioning India as a potential hub for future innovation. Tesla has already been hiring across multiple cities, including roles in business development, operations, and engineering, indicating a broader long-term strategy. The move aligns with CEO Elon Musk’s global push to transform Tesla into an AI-driven company, with increasing focus on robotics, autonomy, and software. India’s large talent pool and growing tech ecosystem make it an attractive base for such expansion, especially as Tesla looks to scale its AI and digital capabilities…
Stellantis India has achieved a major production milestone with the rollout of its 50,000th vehicle from its advanced manufacturing facility in Thiruvallur, Tamil Nadu. The achievement marks a key step in the company’s expansion and growing presence in the Indian automotive sector. India-developed platform powering global reach A major driver behind this success is the Smart Car platform, designed and developed in India by Stellantis’ local research and development teams. The platform has not only supported vehicles built for the Indian market but has also been adapted for global use across Europe, South America, Asia, and other international regions. Vehicles…
