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Adidas cuts jobs at Gurugram tech hub; 45–50% staff reportedly affected

Business

Adidas cuts jobs at Gurugram tech hub; 45–50% staff reportedly affected

Adidas has confirmed reductions in some technology roles in India, while the number of affected employees remains undisclosed. The cuts were communicated during a town hall meeting on 15 September at the company’s Gurugram tech hub, where about 700 people work, according to reports.

17 Sep 2026

Union Cabinet approves EPFO wage ceiling increase from Rs.15,000 to Rs.25,000

Useful

Union Cabinet approves EPFO wage ceiling increase from Rs.15,000 to Rs.25,000

The Union Cabinet has approved an increase in the EPFO wage ceiling from Rs.15,000 to Rs.25,000 per month. In Bhopal, National Front of Indian Trade Unions General Secretary Dr Virat Jaiswal said the change could affect between 50 lakh and one crore people, though his quoted statement is incomplete.

16 Sep 2026

AI could surpass human intelligence, says Making Sense chief AI architect

AI

AI could surpass human intelligence, says Making Sense chief AI architect

Juan Diego Raimondi, chief AI architect at Making Sense, said intelligence can improve itself when a system identifies the processes that produce effective results. His remarks came in response to a question about whether artificial intelligence could eventually become more powerful than humans, highlighting a central concern in discussions about advanced AI.

16 Sep 2026

Global AI spending seen rising 49.5% to $2.7 trillion in 2026, Gartner says

AI

Global AI spending seen rising 49.5% to $2.7 trillion in 2026, Gartner says

Global spending on artificial intelligence is projected to reach $2.7 trillion in 2026, as demand for AI infrastructure, customised applications and cost-efficient models accelerates. Gartner has also raised its growth outlook for application development platforms and generative AI models, while identifying a potential $1.2 trillion AI services opportunity by 2030.

16 Sep 2026

Iran claims it downed 3 US MQ-1 Predator drones over Strait of Hormuz in 24 hours

World

Iran claims it downed 3 US MQ-1 Predator drones over Strait of Hormuz in 24 hours

Iran’s Islamic Revolutionary Guard Corps says its aerospace force intercepted and destroyed 3 American MQ-1 Predator drones over the Strait of Hormuz within 24 hours. The claim comes as the US administration continues to say it is targeting Iran’s air-defence systems amid ongoing conflict and tension in West Asia.

16 Sep 2026

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