The U.S. government’s latest legislative proposal, the HIRE Act 2025, is set to reshape the global outsourcing landscape. With a suggested 25% tax on payments made by American companies to foreign service providers, this law aims to encourage domestic hiring. For India’s IT sector one of the biggest global outsourcing hubs this new tax could…
A Gift for the Common Man and the Economy The Modi government’s recent overhaul of the GST system wasn’t just about numbers it was a thoughtful blend of economics and politics. Hundreds of everyday items from soaps to small cars, chocolates to health insurance were pulled into much lower tax brackets. This sweeping move aims…
Introduction In a move that signals how deeply artificial intelligence is reshaping the tech workforce, Salesforce has laid off nearly 4,000 customer support employees. CEO Marc Benioff revealed that its in-house AI platform, Agentforce, now handles around half of all customer interactions, reducing the need for human support agents. The company says productivity has improved,…
Intro When Tesla finally drove into India with the Model Y this July, many expected a flood of orders. Instead, the response has been lukewarm barely 600 bookings so far. For a brand that sells thousands daily worldwide, the numbers are a reality check about India’s price-sensitive market. A Sluggish Start for Tesla in India…
India’s electric vehicle market, seen as a sunrise sector, could face turbulence after a panel of the GST Council recommended steep taxes on high-end electric cars. The move, if approved, could slow the momentum for premium EV makers such as Tesla, BMW, BYD, Mercedes-Benz and even homegrown Tata Motors, which has plans to expand in…
Intro Myntra has kicked off a large hiring drive ahead of its flagship Big Fashion Festival. The company confirmed it is adding 11,000 seasonal jobs across delivery, warehousing, and customer support, signaling just how big India’s festive shopping rush has become. Festive Shopping in India: The Backdrop In India, the festive season is more than…
Mumbai Reliance Industries’ chairman Mukesh Ambani has finally given a clear timeline for the Reliance Jio IPO. At the company’s AGM, he said the telecom arm will make its market debut by the first half of 2026. The listing, long awaited by investors, is being projected as one of the biggest in India’s history. How…
