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Why the PM Internship Scheme Budget Cut Reflects India's Skilling Implementation Crisis

India, Feb. 5 -- The PM Internship Scheme (PMIS) allocation cut in Budget 2026 reflects deeper challenges in India's youth skilling and employment policy. The Union Budget 2026 has cut the amount of t... Read More


How Anthropic's Claude Cowork shook the markets?

India, Feb. 5 -- On 3 February 2026, a sharp fall in IT stocks nearly erased Rs 2 lakh crore from the market value of the Nifty IT index. This downturn majorly affected the big names in the IT service... Read More


Snopsys enters definitive agreement with GlobalFoundries for sale of processor IP solutions business

India, Feb. 5 -- Synopsys Inc. has entered into a definitive agreement for the sale of its Processor IP Solutions business to GlobalFoundries. Synopsys' extensive investment in IP quality, comprehens... Read More


Oracle partners with West Bengal government to train 15,000 in AI and Cloud

India, Feb. 5 -- Oracle has announced a partnership with the West Bengal Electronics Industry Development Corporation Limited (WEBEL) to train 15,000 students and professionals in West Bengal by 2029.... Read More


NIIT MTS partners with Abodoo to push skills intelligence into enterprise workforce planning

India, Feb. 5 -- NIIT Learning Systems Limited's Managed Training Services arm has entered into a strategic partnership with Abodoo to deliver what the companies describe as next-generation skills int... Read More


Oracle clarifies layoff speculation, while defending the OpenAI partnership

India, Feb. 5 -- Oracle issued a public statement to address reports linking its massive infrastructure spending to potential large-scale job cuts. The company clarified its financial relationship wit... Read More


Supreme court questions WhatsApp on data theft and user consent

India, Feb. 4 -- The Supreme Court of India has issued a stern warning to Meta and WhatsApp, stating they must follow the country's Constitution or cease operations in India. A three-judge bench led b... Read More


Global IT spending set to surpass USD 6.15 trillion in 2026: Gartner

India, Feb. 4 -- Globally, IT spending is projected to reach USD 6.15 trillion in 2026. It is expected to increase by 10.8% from 2025, according to the latest data released by Gartner. The forecast in... Read More


Power module enhances AI data center power density and efficiency

India, Feb. 4 -- The increasing AI and high-performance computing workloads demand power solutions that combine efficiency, reliability and scalability. Integrated power modules help streamline design... Read More


How Low-Code and Agentic AI propel innovation

India, Feb. 4 -- Facing multiple pressures, including an urgent need to modernise legacy systems, talent shortages and regulatory compliance deadlines, enterprises cannot afford to spend months on dev... Read More