The United States government has suspended the acceptance of new applications for permanent residency for foreign workers in companies such as Microsoft, Cognizant, Infosys, TCS, and HCLTech, citing abuses throughout the process.
Specifically, US Vice President J. D. Vance stated that the message to Microsoft is: 'You are a great American company, but you must hire great American workers.'
In other news, Prime Minister Narendra Modi called for the creation of a global framework to combat cyber fraud and deepfakes. At the tenth Indian Mobile Congress, PM Modi emphasized that governments, technology companies, telecommunications operators, and financial institutions must develop mechanisms to prevent digital fraud.
Meanwhile, India aims to double its 5G user base from 550 million to 1 billion by 2030 and develop 6G. Communications Minister Jyotiraditya Scindia noted at the mobile congress that while the country lagged in 4G, it successfully reached 5G level and now intends to lead the development of 6G.
In the funding sector, the lifestyle and technology-focused brand DailyObjects attracted ₹332 crore in a Series C funding round led by Xponentia Capital Partners, Anicut Capital, and Axiom Asia Private Capital.
A study titled 'State of Mind: Startup Ecosystem' showed that about half (47.5%) of people working in India's startup ecosystem report low levels of well-being, with employees being in the worst position. According to the survey, 54.3% of employees reported a well-being score at or below the established threshold, compared to 45.2% of investors, 44.2% of ecosystem supporters, and 42.9% of founders.
Tata Consultancy Services (TCS), India's largest IT services exporter, recorded a 15% increase in net profit and an 11.2% increase in revenue for the second quarter of the fiscal year. These results met market expectations.
The company attributed this dynamic to international growth and contracts secured during the quarter. Furthermore, it noted that annual Artificial Intelligence (AI) revenue exceeded $3 billion.
Regarding the safety of female passengers using taxi apps, several important questions have arisen: should responsibility for safety always lie with the woman in the cabin, or does the mobility system also bear responsibility for her safety?
New guidelines from the National Commission for Women (NCW) to ensure the safety of female passengers using digital transport services aim to make women's safety a shared responsibility of platforms, authorities, and law enforcement agencies.