뉴스

Federal data on H-1B visa application shows decline in filings by Google, Meta, Amazon

Tech giants like Google and Amazon are reducing H-1B visa filings, while AI leaders such as OpenAI and Nvidia are significantly increasing them. This surge reflects a fierce competition for top talent, with companies willing to pay more to secure specialized researchers. New policy changes, including higher fees and a lottery favoring experienced workers, are also shaping the landscape.

TCS extends 1.5 mn sq ft Chennai office lease

MUMBAI: Tata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai in a transaction with rental outgo of around Rs 1,420 crore over its total tenure of 10 years, underscoring the country’s largest IT services company’s long-term commitment to one of its key delivery hubs.This ranks among the largest office lease renewals and occupier commitments reported anywhere in India. The transaction assumes significance against the backdrop of growing concerns over the impact of artificial intelligence on employment in the technology sector.Several global and Indian IT companies have highlighted productivity gains from AI-led automation in recent quarters, fuelling debates around potential workforce rationalisation and slower hiring.The lease has been signed for space at Chennai One IT SEZ in Thoraipakkam. The agreement commenced on November 1, and covers a chargeable area of 14.66 lakh sq ft, showed documents accessed through Propstack, a realty data analytics platform.TCS will occupy the first to eighth floors across four towers in Block A (Alpha), along with the first, sixth, seventh, eighth and eleventh floors in Block B (Magnum). The leased premises have a carpet area of 11.29 lakh sq ft.The lease has been signed at a starting rental of Rs 70 per sq ft a month, translating into a monthly rental payment of about Rs 10.26 crore. The agreement carries a tenure of 10 years and is backed by a security deposit of Rs 94.64 crore.The lease agreement provides for a 12% escalation in rentals every three years. Based on the contracted rentals and the escalation structure, the total rental commitment over the 10-year tenure is estimated at approximately Rs 1,420 crore.ET’s email query to TCS remained unanswered until the time of going to press.TCS’ decision to retain and renew this nearly 1.5 million sq ft of office space for a decade signals continued confidence in its long-term operational footprint and workforce presence.Chennai continues to remain one of India’s most important technology markets, housing large campuses of domestic and multinational IT companies. The city’s established talent pool, relatively lower operating costs and robust office infrastructure have helped it maintain its position as a preferred destination for technology occupiers. The renewal comes at a time when India's office market continues to witness strong demand from technology firms, global capability centres (GCCs), financial services companies and engineering firms, driving sustained leasing activity across key markets.While artificial intelligence is reshaping workforce strategies and operational models, large occupiers continue to retain and expand their real estate footprints in major business hubs. Long-term lease renewals and large-format transactions have remained a key feature of the market, reflecting occupiers' preference for securing high-quality office assets in established micro-markets with access to talent, infrastructure and business ecosystems.

SC ruling seen shaping Sebi’s fraud-finding frame

India’s fraud enforcement regime has entered a new phase, with market regulator Sebi resetting the legal bar for what counts as fraud in securities law.The shift draws on the recent Supreme Court ruling in the Reliance Industries vs Sebi case. In this case, the court ruled that demonstration of investor injury is itself sufficient ground to establish fraud.Where no injury or loss can be quantified, wrongful intention must instead be inferred from surrounding circumstances.It is this intent element that Sebi applied in its last week’s ex-parte interim order against Rajesh Exports. While no direct investor loss was established, Sebi held that investors were induced to invest on the basis of a misleading picture of the gold refiner’s financial position.“Going forward, Sebi’s investigations on fraud will be guided by the supreme court’s interpretation,” said a person familiar with the development.Shruti Rajan, partner, financial regulatory, Trilegal, said the court had “crystallised two tenets — where you cannot prove intention, you must prove injury, and where you can prove intention, injury is irrelevant.” With Sebi applying the court’s observations in Rajesh Exports, Rajan said “it is a sign that the regulator is looking to create more consistency in precedent making across its enforcement process.”Sandeep Parekh, managing partner of Finsec Law Advisors, said the court had “reaffirmed that intention and act of injury are necessary ingredients of fraud, and that a breach of position limits is by itself a reporting default and not deceit.” Drawing an analogy, he said driving above the 60 kmph speed limit on a highway does not make it an attempt to murder someone, “specially if no one was hit and even more so when the highway did not even have any pedestrians. Conversely, hitting someone deliberately, even at 30 kmph, could still be murder.”In its Rajesh Exports order, Sebi observed that financial statements of a listed company are the primary documents that investors rely upon to take informed decisions and must be free from any misstatement or misrepresentation — a principle it held Rajesh Exports had breached, with revenues aggregating to 15.15 lakh crore, or 99.80% of total revenue between FY21 and FY25, found to be falsely stated.

Airlines face profit crash: 2026 earnings nearly halved as fuel shock hits aviation

Global airlines face a profit plunge in 2026, nearly halving earnings to $23 billion due to soaring fuel costs and Middle East conflict disruptions. Despite strong passenger demand and projected record revenues exceeding $1.1 trillion, profitability per passenger is expected to drop significantly. This geopolitical instability and rising operational expenses are reshaping the industry's financial outlook.

Rajan Gurukkal, Rajan Varughese step down as KSHEC vice-chairperson, member secretary

The duo were instrumental in shaping several key higher education reforms including the introduction of the FYUGP, the establishment of the SAAC and the KIRF

Upasana Kamineni's 77,000 crore business empire

Upasana Kamineni, celebrated for her entrepreneurial spirit as the wife of superstar Ram Charan, is reshaping the healthcare landscape with her leadership at a thriving business empire that boasts a valuation of Rs 77,000 crore. Not only does she oversee her family's ventures, but she also plays a pivotal role in global life sciences and healthcare boards.

How US immigration policy change may 'trouble' Apple, Google, OpenAI & other tech giants

A significant shift is underway in the AI race, with top Chinese scientists returning home from the US. Tightening American immigration policies and China's substantial investments in research and incentives are luring elite talent back. This exodus brings valuable AI expertise, including the pursuit of Artificial General Intelligence, to Chinese tech giants, potentially reshaping the global AI landscape.

A.P. emerging as gateway on India’s eastern seaboard, will boost India-Russia economic ties: Lokesh

Referring to the developments that are shaping the future of global trade, Lokesh highlights avenues for collaboration between the two countries and A.P.'s maritime strengths

AI no longer a speculative technology but an operational reality: CJI Surya Kant

CJI Kant said AI is reshaping governance, commerce, warfare, communication, public administration, and the exercise of judicial and sovereign power itself

India-China relations have improved from ‘reset and fresh start’ to ‘new level’: Chinese envoy Xu Feihong

Chinese Ambassador to India Xu Feihong in conversation with Suhasini Haidar during the session ‘India-China tango: Asian powers shaping the emerging world order’

From Haj Pilgrims To Waqf Properties: How AI Is Reshaping Minority Welfare

Officials believe AI tools can eventually improve utilisation of public resources.

Kerala monsoon onset: Why southwest monsoon arrival matters for India

The southwest monsoon onset in Kerala not only impacts local weather patterns but also plays a crucial role in shaping India's food security, agricultural GDP, and water supply across the nation.

Ministers, ambassadors, artists to join The Hindu’s Huddle in June

This edition will discuss topics such as role of regional parties in strengthening India’s democracy, diplomacy in times of conflict, women’s representation in Parliament, and India and China’s role in shaping a new global order

World News Today Live Updates on June 3, 2026 : Zhang Yiming Net Worth: TikTok mogul overtakes Mukesh Ambani, becomes Asia's second-richest person

World News Today Live Updates on June 3, 2026: Stay informed on global events with our in-depth world news coverage, bringing you the latest developments across politics, economy, and culture. Discover insights into international affairs, breaking news, and the trends shaping our interconnected world, all in one place.

Naidu hopes Andhra Pradesh and Telangana emerge as growth engines of country

Extending his greetings on Telangana Formation Day, he says both Telugu-speaking States have a crucial role to play in shaping India’s future; paying tributes to those who laid down their lives for the Telangana movement, Deputy CM Pawan Kalyan says JSP draws inspiration from the fighting spirit and democratic traditions of Telangana

TMC Faces Internal Dissent And Corruption Allegations In Bengal | Mamata Banerjee | Plain Speak

The Trinamool Congress (TMC) is facing a severe internal crisis as corruption allegations mount and party MLAs increasingly distance themselves from senior leadership, including Mamata Banerjee and Abhishek Banerjee.The dissent within the party reflects growing public distrust and questions about TMC's political direction. Multiple MLAs have begun distancing themselves from core party leadership, signaling deep fractures within the organization.As political maneuvering intensifies, the TMC grapples with its identity and credibility amid rising tensions. The party's once-dominant position in Bengal politics now faces significant challenges from internal rebellion and external pressures.Watch this exclusive report on the TMC's internal turmoil, corruption allegations, and the political fallout reshaping West Bengal's political landscape. -speakn18oc_indian18oc_politicsn18oc_breaking-newsNews18 Mobile App - https://onelink.to/desc-youtube

World News Today Live Updates on June 2, 2026 : Maths teacher earns ₹187 crore each year: This tutor lives in ultra-luxury property, enjoys celebrity-like fan following

World News Today Live Updates on June 2, 2026: Stay informed on global events with our in-depth world news coverage, bringing you the latest developments across politics, economy, and culture. Discover insights into international affairs, breaking news, and the trends shaping our interconnected world, all in one place.

Quote of the day by Jean-Paul Sartre on existentialist philosophy: 'We are our choices'

This line captures the essence of Jean-Paul Sartre’s existentialist philosophy - our identity is not given but forged through the decisions we make. Each choice reflects our values, character and freedom, underscoring the responsibility we bear for shaping our own lives.

Punjab’s Hoshiarpur learns differently as VHMI spearheads Montessori initiative in govt. schools

As a part of Punjab’s first Montessori education initiative in government Anganwadis and pre-primary schools launched in collaboration with Chandigarh-based Vivek High Montessori Institute (VHMI), the project is reshaping the early learning landscape

Honouring AI innovations, reshaping the future