As a precautionary measure, PhonePe has put its initial public offering (IPO) preparations on hold due to the ongoing conflict in Iran and certain regions of West Asia, as well as unstable global equities markets. The financial technology firm announced in a statement that it will resume its initial public
Air India has begun corrective actions, including the imposition of sanctions on the accountable workers. The step is taken after discovering widespread irregularities in the implementation of its staff vacation travel programme, which affected more than four thousand personnel. In January 2022, the Tata Group bought the financially troubled Air
Travis Kalanick, co-founder of Uber, has started a robotics company called Atoms to create specialist robots for industries like transportation, food processing, and mining. The new partnership brings together CloudKitchens, Kalanick's ghost kitchen business, and a robotics-focused enterprise. In order to power unique, large-scale industrial settings, Atoms will
In response to bot activity that undermined Digg's relaunch and forced a strategic reset, the link-sharing site laid off a large section of its workers. In a blog post published on 13 March, the company confirmed the layoffs and stated that it will maintain operations with a reduced
The continuing violence in West Asia has caused a shortage of LPG supplies, which has started to interfere with operations at important IT campuses in India. Consequently, businesses are cutting back on cafeteria services and requesting that workers bring their own food to work. Canteen vendors are facing a reduced
According to the company's chief technology officer, the shipping giant FedEx is aggressively deploying AI bots company-wide in an effort to incorporate the technology into its logistics network. In preparation for the next technological tsunami to hit corporate America, FedEx is assembling a vast army of AI agents
Accenture, a consultancy business, has made AI proficiency a requirement for career advancement in response to the growing prevalence of AI in everyday business operations at firms worldwide. This suggests that employees who aren't flexible may not be a good fit for the organization. Accenture CEO Julie Sweet
Starting on March 16, the majority of staff at software startup Zoho Corporation have been requested to work remotely for two weeks. Reasons given for this action include operational concerns and the need to reduce employee commute time. All employees, with the exception of those engaged in mission-critical operations, would
More than a thousand engineering graduates from Tech Mahindra's 2025 class have had their onboarding delays extended. This action is indicative of a more widespread trend of reduced hiring activity in India's IT services sector as businesses strive to safeguard their profit margins. The IT services
Shantanu Narayen, who has been the CEO of Adobe Inc. for 18 years, has decided to stand down. Consequently, signalling a significant change in leadership at the innovative software juggernaut as it faces increased competition in the age of artificial intelligence. Narayen will continue in his position until a replacement
Visakhapatnam will be home to a new information technology development centre and a Global Capability Centre (GCC) thanks to an invitation from the government of Andhra Pradesh to the international consultancy firm Capgemini. Government officials have estimated that this action might create 20,000 new jobs in the area. Andhra
Block, a global payments business, has laid off dozens of people in the marketing and communications departments in Australia. The step is taken as part of a larger reorganisation that will result in the elimination of about 4,000 jobs globally. Industry estimates place the number of local full-time positions
The Mohali Development Centre (DC) of IT giant Infosys has been enlarged with the opening of a new 350,000-square-foot integrated development campus, as announced on 12 March. According to the company's statement, the new facility can accommodate around 3,000 employees. A number of dignitaries, including Sanjeev
On 12–13 March, HCLTech gave its Chennai office workers the opportunity to work remotely due to a cooking gas shortage that affected cafeteria operations. Because of the continuing shortage of LPG, a number of cafeteria vendors had to close their doors. As a result, the business decided to let
In order to become a payment aggregator, the fintech company Cred was granted a final licence by the Reserve Bank of India (RBI) on 10 March. This paves the way for the company to accept merchants, process payments across various instruments, and deal with refunds and settlements. A prepaid payment
On March 11th, Atlassian, an Australian software business, announced that it would be laying off around 1,600 workers, or roughly 10% of its staff. This move is part of a larger reorganisation that will increase spending on AI and business sales. In a blog post, CEO Mike Cannon-Brookes explained
In response to the recent tightening of government regulations on the use of LPG in various industries, the IT services giant Infosys has sent an advisory to all of its employees at its Pune, Bengaluru, and Chennai campuses. Corporate campuses in India are starting to feel the effects of the
With the acquisition of automotive utility company Vehicle Info, used-car marketplace Cars24 is aiming to establish a full-stack platform for vehicle ownership, going beyond just vehicle transactions. Chirag Pipaliya launched the bootstrapped firm Vehicle Info in 2017. The firm provides a centralised location for important vehicle details like registration information,
On March 10, Minister of State (MoS) for Commerce Jitin Prasada informed Parliament that as of January 2026, over 6,700 startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) had closed their doors. Prasad stated in a written response presented to the Lok Sabha that
The PhonePe 'RuPay On-The-Go' Card, a National Common Mobility Card (NCMC), has been introduced by PhonePe. With this introduction, India is taking another step towards its goal of digitising transit payments nationwide, as outlined in its 'One Nation One Card' vision. The 'On-The-Go' card
About 50,000 people will lose their jobs at Volkswagen in Germany by the year 2030. This led to layoffs at a number of different companies, including Porsche and Audi. The decision is made as the automaker faces dwindling earnings, increasing expenses, and fiercer competition in the electric vehicle industry.
The information reports that Meta has temporarily shut down its Tel Aviv offices due to the continuing Israel-Iran hostilities. According to the reports, the IT company's decision will have an impact on some 900 employees in Tel Aviv. Employees were allegedly notified of the office closure in a
On 10 March, IDFC First Bank said that it had paid the Haryana government INR 645 crore in response to a fraud investigation at one of its Chandigarh branches. This amount was 55 crore more than the bank had originally estimated. At first, the bank thought the incident's
In the ongoing push to include AI agents into office software, Microsoft has unveiled Copilot Cowork. It is an AI tool that can independently complete activities within the Microsoft 365 environment. Users will be able to deploy AI agents that can handle multi-step tasks like evaluating Outlook calendars, creating meeting