ED attaches Anil Ambani’s Rs 3,716-crore Mumbai residence in Pali Hill - The Indian Express
India's Enforcement Directorate has attached a Mumbai residence worth approximately ₹3,716 crore belonging to businessman Anil Ambani in a money laundering case. The action is linked to the Reliance Communications investigation.
Why this matters: This demonstrates ongoing legal scrutiny of high-profile corporate cases and enforcement of financial regulations in India.
US moves closer to tougher H-1B wage norms after proposal clears federal review - The Times of India
A U.S. proposal to increase wage requirements for H-1B visa and green card applicants has cleared a federal review stage. The rule change would raise costs for employers and applicants.
Why this matters: Higher wage thresholds could impact hiring costs for U.S. companies and alter immigration prospects for skilled foreign workers, particularly from countries like India.
L&T Vyoma to invest Rs 25,000 cr for green AI-ready data center campus at Dholera, Gujarat - The Economic Times
L&T Vyoma plans to invest Rs 25,000 crore in a green AI-ready data center in Dholera, Gujarat.
Why this matters: This investment highlights the growing focus on sustainable infrastructure in India's tech landscape.
We are probably the last generation to only work with humans: Salesforce's Arundhati Bhattacharya on the - The Times of India
Salesforce's Arundhati Bhattacharya predicts that future workplaces will increasingly integrate AI alongside human workers.
Why this matters: This shift could reshape workforce dynamics and necessitate new policies on AI integration in business.
Modi, Macron launch H125 helicopter assembly line - Times of India
India and France launched an H125 helicopter assembly line, renewing defense cooperation for ten years. The partnership includes discussions on AI, nuclear energy, and broader economic ties.
Why this matters: This strengthens bilateral defense manufacturing capabilities and strategic cooperation between the two nations.
Does labour law apply to State activities? 9-judge Supreme Court Constitution Bench to decide definition of "industry" - Bar and Bench
A nine-judge Supreme Court bench will decide whether state activities and sovereign functions fall under the definition of 'industry' for labor law purposes. The hearing is scheduled to begin next month.
Why this matters: The ruling could clarify the application of labor regulations to government operations, impacting public sector employment.
Macron to Meet India’s Modi as Tech, Defense Ties Deepen - Bloomberg
French President Macron is scheduled to meet with Indian Prime Minister Modi to discuss deepening technology and defense ties. The visit includes high-level defense dialogues.
Why this matters: Strengthened bilateral relations could lead to new defense contracts and technology partnerships.