In early 2023, IgniteTech CEO Eric Vaughan made a move that shook the tech world. He laid off nearly 80% of his workforce. The reason? Widespread resistance to adopting artificial intelligence (AI). Vaughan had introduced “AI Mondays,” a weekly day dedicated entirely to AI projects. But when employees, especially the technical teams, pushed back, he…
In the lanes and back streets of Bandra-Khar-Santacruz, if you see a six-storey housing society building demolished and replaced by an 18-storey tower, it’s not magic. Nor is it illegal.Some clauses in the city’s development control regulations can bring great windfalls for builders redeveloping housing societies. If the builder constructs tenements for project-affected persons within…
GUWAHATI: A contentious mining lease granted to a private cement company for 3,000 bighas (4.01 sq km) in Assam’s Dima Hasao district led an incredulous Gauhati high court judge to question on camera if it was “some kind of joke or what” that “public interest” had been sacrificed at the altar of business.“The entire district?…
NEW DELHI: Former DGP of UP and Assam Prakash Singh, on whose petition the Supreme Court had 19 years ago laid down the process for selection of state police chiefs by involving the Union Public Service Commission and ordered a fixed two-year tenure for them, on Monday suggested dramatic changes to its ruling, which, he…
New DELHI: A person cannot be accused of abetment of suicide if there is no conscious deliberate intention on their part to drive another person to suicidal death, no matter how harsh or severe the harassment they meted out, the Supreme Court said on Monday while upholding Bombay high court’s decision to quash the abetment…
MUMBAI: Equity markets surged, the rupee recovered sharply against the dollar, but bonds erased most of Friday’s gains on fears of higher govt borrowing. The shift came as investors weighed the Centre’s proposed overhaul of the goods and services tax alongside a sovereign rating upgrade from S&P.The sensex closed 676 points, or 0.8%, higher at…
CINCINNATI: Carlos Alcaraz won the ATP Cincinnati Open title on Monday after defending champion Jannik Sinner retired due to illness in the first set. World number one Sinner came into the final feeling unwell and lost the first seven points of the match before throwing in the towel at 5-0 down in a game played…
Simone Tata made a rare public appearance at the launch of the revamped flagship Westside store in South Mumbai in October 2019. MUMBAI: Simone Tata, the mother of Tata Trusts chairman Noel Tata, is in critical condition at the Breach Candy Hospital, sources with direct knowledge of the matter told TOI. She was airlifted from…
NEW DELHI/MUMBAI: Expect a bumper Diwali for consumers as plans to rationalise and reduce GST rates on ACs, televisions (above 32-inch) and dishwashers will see retail prices come down by as much as 7-8%, leading to price cuts from a few thousand rupees to over Rs 10,000 on premium products.The industry said the decision, particularly…
When President Donald Trump signed the One Big Beautiful Bill Act into law on July 4, 2025, it promised to reshape the landscape of federal student loans. The law will introduce borrowing caps for graduate, medical, and law students, eliminate Grad PLUS loans, which previously allowed graduate students to borrow beyond federal limits, and fundamentally…
