EducateKaro – Handpicked Tech & Startup News: Summarized for You
Handpicked Tech & Startup News: Summarized for You
Infosys has laid off 30-45 trainees from its Mysuru campus for failing internal assessments. Unlike previous terminations, the company is offering a second chance through a 12-week BPM training program. Affected trainees also get a one-month salary, job support, and accommodation. While Infosys defends its policies, critics question its strict assessment system.
Read more on Zee Business
Finance Minister Nirmala Sitharaman announced zero import duties on key EV and mobile battery components to boost local manufacturing. The Finance Bill 2025 also abolishes the 6% digital ad tax, rationalizes customs tariffs, and provides tax relief for salaried individuals. A new Income Tax Bill will be discussed in the next session.
Read more on TheHindu
The Indian government has blocked 1,298 online betting and gaming sites since 2022 to curb addiction and illegal activities. Updated IT rules now hold gaming platforms accountable for harmful content. Authorities can block content threatening security or public order, ensuring a safer digital space. The move follows growing concerns over online gambling and financial risks.
Read more on ISN
Elon Musk’s X (formerly Twitter) is suing the Indian government over alleged unlawful censorship. The lawsuit challenges the use of Section 79(3)(b) to bypass legal processes for content removal. X claims this violates Supreme Court rulings and free speech protections. It also opposes the government’s Sahyog portal, calling it a tool for unchecked censorship.
Read more on YourStory
India’s healthcare sector is thriving, with over $30 billion in deals from 2022-2024, led by a $6 billion hospital investment surge in 2024. Big mergers, like Aster DM’s $5 billion deal, and AI innovations are driving growth, though rural access gaps and bed shortages remain challenges, per Grant Thornton’s report.
Read more on YourStory
Airtel partnered with SpaceX to bring Starlink’s satellite internet to India, pending regulatory approval. This move challenges Reliance Jio and follows U.S.-India talks boosting SpaceX’s chances. Airtel will sell Starlink gear and services, aiming to bridge India’s connectivity gap—though past hurdles remind us it’s not a done deal yet.
Read more on TechCrunch
India’s AI sector could face a shortfall of over a million skilled professionals by 2027, with job openings projected to reach 2.3 million against a talent pool of 1.2 million, according to Bain & Company. The report emphasizes the urgent need for reskilling and upskilling initiatives to bridge the talent gap and support AI industry growth.
Read more on YourStory
Coforge’s stock surged 10% after securing a $1.56 billion, 13-year deal with Sabre Corp, its biggest ever. The partnership boosts 2026 revenue visibility and strengthens its travel tech stance. Despite a shaky IT market, Coforge outperformed rivals, with shares up 9.1% while the IT index rose 2%. Analysts praise the win, expecting $140M-$150M yearly revenue initially.
Read more on Reuters
Tesla’s finally rolling into India! They’ve signed a five-year lease for a showroom in Mumbai’s Bandra Kurla Complex, starting February 2025. The 4,003-square-foot space costs $446,000 in rent for the first year. After delays from regulations and infrastructure woes, Tesla’s back to spark India’s EV scene in one of the world’s hottest car markets.
Read more on TOI
Despite a wave of IPOs in India’s startup ecosystem, edtech remains absent. PhysicsWallah’s upcoming IPO is drawing attention, but upGrad’s Ronnie Screwvala warns the sector lacks maturity and profitability. He stresses sustainable growth, outcome-based learning, and the need for contraction over consolidation before edtech companies go public.
Read complete interview on YourStory
