business news

The Biden administration is set to announce significant tariffs on a range of Chinese imports, encompassing electric vehicles (EVs), semiconductors, solar equipment, and medical supplies. According to sources familiar with the plan, these tariffs are part of a broader strategy aimed at addressing concerns over China's manufacturing practices, particularly in areas of overcapacity and potential threats to U.S. jobs and national security.

The recent death of a 35-year-old Bank of America associate, Leo Lukenas III, has ignited a firestorm of criticism and debate within Wall Street circles, focusing attention on what many describe as a "toxic" work culture that prioritizes long hours over employee well-being.

In a recent announcement, Ola co-founder Bhavish Aggarwal revealed that the popular ride-hailing and electric vehicle (EV) company Ola will be transitioning from Microsoft Azure to its proprietary Krutrim Cloud. This decision comes in the wake of a controversy involving LinkedIn, a professional networking platform owned by Microsoft, and Aggarwal's critical posts being removed.

A Tata Consultancy Services (TCS) employee has been suspended after reporting a security incident to the company, sparking discussions and support online. The incident, shared by the employee on Reddit, involved the manager instructing staff to use personal laptops and share login credentials, violating security protocols.

India is set to delay the imposition of market share caps on Unified Payment Interface (UPI) transactions, providing relief to digital payment giants like PhonePe and Google Pay. The decision, made by the National Payments Corporation of India (NPCI), aims to prioritize growth while addressing concerns about market concentration.

Air India Express has reached an agreement with its cabin crew, ending a strike that resulted in flight cancellations and disruptions. The airline has agreed to reinstate the 25 cabin crew members who were terminated for calling in sick, bringing relief to hundreds of affected passengers.

Microsoft's Xbox division is undergoing significant changes as the company consolidates teams, closes multiple gaming studios, and implements layoffs in a bid to cut costs and streamline operations amidst a slowdown in the gaming sector.

Air India Express has faced a significant disruption as over 100 flights were cancelled due to a "mass sick leave" by the cabin crew, affecting both international and domestic routes. The unexpected cancellations came after approximately 300 senior cabin crew members reported sick at the last minute and turned off their mobile phones, leaving passengers stranded and confused.

An engineer from Hyderabad has sparked discussions on mental health after sharing his experience of significant improvement upon moving to the United States. Abhirath Batra took to X to explain how his mental well-being "improved by miles" after transitioning to life in the US, attributing it to the hands-on approach he adopted for daily tasks like cooking and cleaning.

A recently surfaced photograph capturing a moment from Google CEO Sundar Pichai's IIT Kharagpur convocation day has taken social media by storm. The image, shared by Ananya Lohani, daughter of Pichai's batchmate, showcases a young Sundar Pichai alongside Sharmistha Dubey, former CEO of Match Group, a prominent US IT company known for dating applications like OkCupid and Tinder.