XED Executive Development has launched India’s first IPO from GIFT City’s IFSC, opening for subscription from March 16 to March 24, 2026. The $12 million dollar-denominated issue is priced at $10–$10.5 per share and is open to NRIs and global investors. Shares will list on NSE IX and India INX.
Air India has identified misuse of its staff leisure travel policy after an internal audit, placing around 4,000 employees under review. The airline has begun issuing notices and tightening rules around employee travel bookings as part of corrective action.
IDBI Bank shares plunged over 13% to around ₹79 after reports said the Indian government may scrap the proposed majority stake sale due to lower-than-expected bids. The development has raised uncertainty around the bank’s long-planned privatisation process.
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
The Indian edtech landscape, once a fertile ground for billion-dollar valuations and breakneck growth, is undergoing a seismic shift. The recent announcement of upGrad's acquisition of Unacademy in an all-stock deal is the most significant consolidation event to date, marking a dramatic reset for a sector grappling with
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
Perplexity AI CEO Aravind Srinivas endorsed a viral post claiming AI is shifting computer science back to maths and physics. Tools like GitHub Copilot speed up routine coding by 55%, but entry-level jobs shrink amid 2026 tech layoffs.
The Central Bureau of Investigation has questioned Jai Anmol Ambani, son of Anil Ambani, in a ₹228-crore bank fraud probe linked to Reliance Home Finance Limited. The agency is examining alleged loan irregularities and diversion of funds.
Gold prices in India witnessed slight fluctuations on 15 March 2026, as global market uncertainty and geopolitical tensions continued to influence investor sentiment. Despite rising tensions involving Iran, Israel, and the United States, bullion prices moved only marginally, reflecting cautious trading in the domestic market. As of the latest market
India’s market regulator, the Securities and Exchange Board of India (SEBI), has appointed senior police officer Sadanand Date as its Executive Director, placing him in charge of the regulator’s crucial investigations department. The appointment marks a significant step in strengthening oversight of India’s capital markets as SEBI
IIT Bombay graduate and AI researcher Devendra Singh Chaplot has joined Elon Musk’s xAI and SpaceX. His work will focus on advanced artificial intelligence systems as Musk accelerates efforts to build powerful next-generation AI technology.
Gold and silver prices in India eased slightly on 14 March 2026, as global markets remained cautious amid ongoing geopolitical tensions and currency fluctuations. At market close, 24K gold was trading at ₹15,966 per gram (₹1,59,660 per 10 grams), down ₹103 from yesterday, while 22K gold stood
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
Meta, led by Mark Zuckerberg, plans to lay off 15,000 employees, about 20% of its workforce, marking the company’s biggest AI-driven workforce reduction ever. Here’s what’s happening, why it’s happening, and what it means for the company and employees.
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
Accenture CEO Julie Sweet has told employees that learning and using AI tools is now essential for promotions. The consulting giant has already trained hundreds of thousands of workers in generative AI as it pushes towards an AI-first workforce strategy.
The National Stock Exchange of India has taken a major step towards its long-awaited public listing by appointing 20 merchant bankers and eight legal firms to manage its upcoming IPO. The exchange is moving ahead with listing preparations, with the public issue expected to launch in 2026.
India’s startup ecosystem saw activity in the retail infrastructure space on 13 March 2026, with OneKiraana raising $1.6 million in seed funding led by Ankur Capital to empower kirana stores with private label capabilities. Meanwhile, key business developments included NSE appointing bankers and law firms for its long-awaited
Gold and silver prices in India ended the trading session on 13 March 2026 with a mild correction amid global market pressure and currency movements. At market close, 24-karat gold was trading around ₹15,624 per gram (₹1,56,240 per 10 grams), while 22-karat gold stood near ₹14,880
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
Startup founders often believe that a strong idea is the key to building a successful company. However, according to Ghazal Alagh, the real difference between startups that scale and those that stall lies in the mindset and decisions of the founder. In a recent LinkedIn post, the co-founder of Mamaearth
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