Layoffs / Restructuring

Microsoft quietly winds down employee access to news and library resources

After reducing its workforce by roughly 15,000 roles last year, Microsoft has introduced another understated but significant change. Many office-based employees no longer have access to internal library services or paid business and technology news subscriptions, marking a noticeable shift in how the company supports learning and research at work. The move began quietly late [...] The post Microsoft quietly winds down employee access to news and library resources appeared first on HR Katha .

Industry Trends

Maruti Suzuki to invest Rs 35,000 crore to develop a new manufacturing plant in Khoraj, Gujarat

Maruti Suzuki India Limited will invest Rs 35,000 crore to set up a new vehicle manufacturing plant at Khoraj, near Gandhinagar, strengthening Gujarat’s position as one of India’s most important automobile manufacturing hubs. The proposed facility will be developed on 1,750 acres of land allotted by the Gujarat Industrial Development Corporation. The investment letter handover ceremony was held in Gandhinagar in the presence of Gujarat Chief Minister Bhupendra Patel and Maruti Suzuki India Limited Managing Director Hisashi Takeuchi. Deputy Chief Minister Harsh Sanghavi and senior executives from Maruti Suzuki were also present. According to the Gujarat government, the Khoraj project will comprise four manufacturing units, each with an annual production capacity of 2.5 lakh vehicles, taking the total planned capacity to 10 lakh cars per year. Production at the first unit is scheduled to commence from the financial year 2029. The board of Maruti Suzuki India Limited approved the inves...

Startup Funding

Shark Tank India-featured defense dronetech startup insideFPV raises Rs 6 crore in funding

Venture capital firm GVFL has led a Rs 6 crore pre-Series A funding round in insideFPV, an Gujarat-based defence drone technology startup focused on building indigenous, battlefield-ready unmanned systems for India’s armed forces. The Shark Tank India-featured startup will use the funding for product development, engineering capability building and scaling manufacturing readiness for defence-grade drone platforms. A portion of the capital will also be deployed towards testing and validation, expanding manufacturing capacity, working capital requirements, and strengthening deployment support, including operator training, spares and rapid repair capabilities. Founded in 2020 by Arth Chowdhary, Deyvant Bhardwaj and Oshi Kumari, insideFPV builds combat-ready drones designed to operate in real-world battlefield conditions and extreme environments. Its product portfolio includes FPV drones, kamikaze and surveillance systems, and interceptor drones tailored for defence applications. The st...

Industry Trends

Davos 2026 | HCLTech’s AI revenue could surge to $2.5 billion as ‘AI factory’ and physical AI open new growth engines

HCLTech is repositioning itself at the heart of the global AI buildout, with management seeing multi-billion-dollar opportunities emerging from AI factories, physical AI and outcome-led service models. The company believes these new growth engines will not only offset any pricing pressure on legacy services but also unlock fresh discretionary spending from global enterprises over the next few years.