Gaurav Munjal is leaving his position as CEO of Unacademy to take on the role of Executive Chairman of the company. Akhilendra Kumar will assume the new CEO role. Nevertheless, Munjal will remain involved in daily operations, working alongside the new leader and providing support during the upGrad IPO process.
This management change occurred two months after upGrad completed the acquisition of Unacademy for over $200 million.
In other news, the Indian government has banned the export of black substance lithium-ion battery materials—a key intermediate material obtained from battery recycling. The Directorate General of Customs has notified this policy change, which cancels previously permitted shipments abroad. The transport of unsorted waste, scrap, used primary cells, primary batteries, and electric accumulators is now prohibited.
This move, expected to strengthen domestic recycling, followed just one week after the Cabinet approved a scheme worth 2,814 crore rupees to promote the recycling of critical minerals.
Concurrently, IBM has suspended sponsorship of work visas and green cards for most positions in its consulting division in the US. This reflects the growing impact of the tightening immigration policies of the Trump administration on the technology sector.
In a major IPL deal, all-rounder Hardik Pandya moved to Punjab Kings from Mumbai Indians for a fee of 18 crore rupees, an increase from the previous amount of 16.35 crore rupees. PBKS traded fast bowler Arshdeep Singh for Pandya, making this the largest player trade in IPL history.
Regarding WhatsApp, the company is preparing for a future that extends beyond simple messaging. The next phase involves enriching communication and increasing its expressiveness, integrating daily transactions into the application, and using artificial intelligence to solve practical problems. The app will evolve, including voice notes, groups, stickers, and video, in line with changing communication habits.
CEO Kunal Shah outlined these priorities in a post on X, more than four months after he replaced Will Catchart as global head of WhatsApp. Shah stated: 'The best technology saves your time so you can return to important connections.'
During Prime Minister Narendra Modi's recent trip on the Chennai Metro with Tamil Nadu Chief Minister C. Joseph Vijay, the journey also provided an unusual platform for state entrepreneurs to present their ideas to the Prime Minister.



