“IIT Bombay graduate Shashank Agrawal came from a family earning ₹3,000 a month; when he told his mother about his ₹1.2 crore package, Her pricless reaction was: ‘What, ₹12 lakh?’

From Baran to IIT Bombay, Shashank’s journey involved setbacks, persistence and hard work. For Shashank Agrawal, the news of a crore-plus career package did not immediately register as a number. He first had to explain it to his mother. “When I first told my mother, she said, ‘What, ₹12 lakh? What are you saying?’ Then…

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Top five IT firms shed nearly 7k jobs in FY26

BENGALURU: Headcount is passé, outcomes are the new currency. India’s top five IT services firms witnessed net workforce contraction in FY26, reversing the modest hiring recovery a year earlier, as demand uncertainty, delayed decision-making and AI-led efficiency gains weighed on headcount.The traditional fresherheavy pyramid is being reshaped. A people-plus-AI model is upending its foundation, putting…

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FDI approvals 2026: DPIIT rolls out 12-week clearance system; what the new paperless SOP means for investors

The Department for Promotion of Industry and Internal Trade (DPIIT) has issued an updated standard operating procedure (SOP) for processing foreign direct investment (FDI) proposals introducing a defined 12-week timeline and a fully paperless application system, PTI reported.Under the revised framework, decisions on FDI proposals will be taken within 12 weeks, excluding the time taken…

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‘We should not play Pakistan’: World Cup winner reacts after India refuse Asia Cup trophy from Mohsin Naqvi | Cricket News

Former India cricketer Madan Lal reacted after the Indian women’s cricket team did not accept the Asia Cup trophy from Asian Cricket Council (ACC) chairman Mohsin Naqvi after winning the title on Sunday.Harmanpreet Kaur-led India defeated Sri Lanka by 72 runs to win a record-extending eighth Women’s Asia Cup title. However, the Indian players did…

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