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Stories from earlier this week and beyond.

Jammu Kashmir education minister orders week long probe after Amar Singh college harassment protest

Jammu Kashmir education minister orders week long probe after Amar Singh college harassment protest

Jammu and Kashmir authorities suspended the principal and an assistant professor of Amar Singh College after protests erupted on campus over a harassment allegation. Education Minister Sakina Itoo ordered a week-long, time-bound inquiry, directing investigators to examine not only the incident but also the role of outsiders in the demonstrations. Reports say the probe will conclude with findings and next steps.

Summarised by Beize from a story on Republic on 8 May 2026
Anthropic wants to own your agent memory and orchestration, squeezing out enterprise toolchains

Anthropic wants to own your agent memory and orchestration, squeezing out enterprise toolchains

Anthropic’s Claude Managed Agents adds Dreaming, Outcomes, and Multi-Agent Orchestration, collapsing memory, evaluation, and orchestration into one runtime. While it simplifies deployment, the move threatens the modular stacks many enterprises rely on—standalone orchestrators, vector databases, and external eval loops—raising concerns about lock-in and compliance when memory runs on vendor infrastructure.

Summarised by Beize from a story on Venture Beat on 8 May 2026

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Another Blow To Vijay As Dhinakaran Backs AIADMK EPS To Form Tamil Nadu Government

Another Blow To Vijay As Dhinakaran Backs AIADMK EPS To Form Tamil Nadu Government

AMMK chief TTV Dhinakaran has extended support to AIADMK leader Edappadi K Palaniswami to form government in Tamil Nadu after meeting the Governor. The move is being seen as a major political setback for actor-turned-politician Vijay Thalapathy, as coalition dynamics shift ahead of government formation and negotiations.

Summarised by Beize from a story on Republic on 8 May 2026
Cornell study links vitamin B12 deficiency to weaker muscles and faster metabolic aging

Cornell study links vitamin B12 deficiency to weaker muscles and faster metabolic aging

Cornell University research adds a new twist to healthy aging: low vitamin B12 may damage skeletal muscle mitochondria, reducing energy production and cellular resilience. The study found suboptimal B12 levels are common among older adults, and B12 supplementation improved mitochondrial function in aged mice. Human trials are now needed to confirm whether correcting deficiency can slow aspects of age-related decline.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Omar Abdullah Accuses BJP of Blackmail Politics Over J and K Statehood Delay

Omar Abdullah Accuses BJP of Blackmail Politics Over J and K Statehood Delay

Jammu and Kashmir Chief Minister Omar Abdullah accused the BJP of obstructing governance in the Union Territory, saying the party is using the statehood issue to pressure the elected government. Abdullah also claimed delays around cabinet expansion reflect political tactics rather than administrative reasons, escalating tensions over J&K statehood restoration.

Summarised by Beize from a story on Republic on 8 May 2026
Daadi Ki Shaadi Day 1 Collection Shrugs Past ₹60 Lakh as Reviews Cool Audiences Fast

Daadi Ki Shaadi Day 1 Collection Shrugs Past ₹60 Lakh as Reviews Cool Audiences Fast

Kapil Sharma’s Daadi Ki Shaadi opened modestly on May 8, earning about ₹60 lakh in India on Day 1. Worldwide figures are closer to ₹72 lakh, but the overseas market is subdued and theatrical response in India remains lukewarm, following early reactions that failed to build momentum.

Summarised by Beize from a story on Republic on 8 May 2026

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Biocon turns to margins and capacity use after heavy global expansion investments

Biocon turns to margins and capacity use after heavy global expansion investments

Biocon says it is moving from an expansion phase to a focus on capacity utilization, margin expansion, and stronger returns. After major investments to build global capabilities, the company reported 13% revenue growth for FY26, but net profit fell significantly. Biocon is also aiming for sustainable profitable growth while exploring in-licensing for its biosimilars portfolio.

Summarised by Beize from a story on The Economic Times on 8 May 2026
RB Choudary Last Video Surfaces After Fatal Crash Near Udaipur Shocking Netizens

RB Choudary Last Video Surfaces After Fatal Crash Near Udaipur Shocking Netizens

Tamil producer RB Choudary, father of actor Jiiva, died in a road accident on May 5 near Udaipur in Rajasthan. Reports say his car lost balance and struck a divider on the Beawar–Pali–Pindwara Road while he was reportedly heading to a family event. A final video shared online has left netizens deeply shaken.

Summarised by Beize from a story on Republic on 8 May 2026
Upwork Cuts 25 Percent Workforce and Warns AI Will Shrink Teams Further

Upwork Cuts 25 Percent Workforce and Warns AI Will Shrink Teams Further

Upwork CEO Hayden Brown announced the company will lay off 25% of its workforce, citing that AI will drive how work is matched and delivered. The move signals accelerating cost-cutting across the tech and freelancing sector, with leadership warning that teams could get smaller as automation reshapes operations, roles, and demand for human-led services.

Summarised by Beize from a story on Office Chai on 8 May 2026
CA Questions Buying Homes in Urban India as Renting Often Beats Loans and Costs

CA Questions Buying Homes in Urban India as Renting Often Beats Loans and Costs

A Chartered Accountant has sparked fresh debate by arguing that buying homes in urban India can be a poor financial deal compared to renting. Citing cities like Mumbai and Bengaluru, he notes rental yields stay low while home loan interest rates remain high, widening the gap for buyers. He adds that stamp duty and registration can take 5–7% upfront, worsening the upfront cost.

Summarised by Beize from a story on The Economic Times on 8 May 2026

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Zaggle slashes Dice acquisition price from Rs 123 crore to Rs 68 crore in asset only deal

Zaggle slashes Dice acquisition price from Rs 123 crore to Rs 68 crore in asset only deal

Zaggle has reduced its planned acquisition of Dice after reassessing the transaction structure. The company’s executive chairman said the Rs 123 crore figure was only indicative of acquiring the full entity, but a “thorough evaluation” led to an asset purchase instead. The revised deal size is Rs 68 crore, focused on assets and IP rather than the whole business.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Britannia moves North American exports from Oman to India as it weighs price hike

Britannia moves North American exports from Oman to India as it weighs price hike

Britannia has moved its North American export operations from Oman to Mundra in Gujarat to manage disruptions linked to West Asian crises. The company is also exploring higher prices, including tweaks like reducing product grammage and adjusting larger packs, after a reported 20% jump in fuel and packaging costs driven by geopolitics and supply-chain strain.

Summarised by Beize from a story on The Economic Times on 8 May 2026
PMJJBY has paid Rs 17600 crore in claims since 2015 reaching over 27 crore families

PMJJBY has paid Rs 17600 crore in claims since 2015 reaching over 27 crore families

Since launching in 2015, India’s Pradhan Mantri Jeevan Jyoti Bima Yojana has enrolled over 27 crore people and disbursed Rs 17,600 crore in claims, supporting the government’s “Insurance for All by 2047” push. The scheme provides Rs 2 lakh life cover for an annual premium of Rs 436, positioning low-cost coverage at scale.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Rahul Gandhi alleges BJP built a system to steal elections in key states

Rahul Gandhi alleges BJP built a system to steal elections in key states

Rahul Gandhi accused the BJP of creating a mechanism to manipulate elections in several key regions, citing states including Haryana, Madhya Pradesh, Maharashtra, Assam, and West Bengal. He warned the BJP will face public anger, arguing voters are increasingly frustrated and their reaction is approaching.

Summarised by Beize from a story on The Economic Times on 8 May 2026

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India and Singapore vow joint crackdown on terror money and radicalization

India and Singapore vow joint crackdown on terror money and radicalization

India and Singapore have agreed to step up joint action against terrorism, including cross-border movement, radicalisation and financing. The pledge was made during a Joint Working Group meeting in New Delhi, where officials discussed stronger anti-terror cooperation, information sharing and capacity building to tackle both traditional and emerging threats under a zero-tolerance approach.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Cloudflare Cuts 1100 Jobs as AI Use Soars 600 in Three Months

Cloudflare Cuts 1100 Jobs as AI Use Soars 600 in Three Months

Cloudflare has laid off 1,100 employees, saying the company’s AI usage has surged 600% over the last three months. The move adds to mounting pressure on tech firms as automation expands and workforce costs come under scrutiny. Cloudflare framed AI adoption as part of shifting operations and productivity expectations, despite the human impact.

Summarised by Beize from a story on Office Chai on 8 May 2026
Finn Allen’s unbeaten century rockets KKR past DC for fourth straight win in IPL 2026

Finn Allen’s unbeaten century rockets KKR past DC for fourth straight win in IPL 2026

Finn Allen struck an unbeaten century as Kolkata Knight Riders kept rolling, beating Delhi Capitals by eight wickets in IPL 2026. Chasing 143, Allen powered the run chase with 100 off just 47 balls, delivering KKR a smooth finish. The knock was his maiden IPL century and extended the momentum behind Kolkata’s strong campaign.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Satwiksairaj Rankireddy Claps Back at Trolls After Uncelebrated Thomas Cup Bronze Medal

Satwiksairaj Rankireddy Claps Back at Trolls After Uncelebrated Thomas Cup Bronze Medal

Satwiksairaj Rankireddy addressed backlash after he questioned why Team India’s Thomas Cup 2026 bronze medal win did not receive proper celebration or coverage. The doubles star clarified that his remarks were driven by concern, not by a desire for personal fame. He urged viewers to focus on the team’s achievement as trolls tried to twist his intent.

Summarised by Beize from a story on Republic on 8 May 2026

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KL Rahul makes IPL history for DC vs KKR milestone you may not expect

KL Rahul makes IPL history for DC vs KKR milestone you may not expect

Delhi Capitals and Kolkata Knight Riders clashed on May 8 at Arun Jaitley Stadium, and KL Rahul delivered a steady 23-run knock. The innings mattered beyond the scoreboard: Rahul became the first player in IPL history to register a rare, elusive milestone. The moment underlined his consistency as DC pushed their case in IPL 2026’s tight race.

Summarised by Beize from a story on Republic on 8 May 2026
India U17 women script history with 4 0 rout of Lebanon reach quarter finals

India U17 women script history with 4 0 rout of Lebanon reach quarter finals

India U17 women’s team made AFC U17 Women’s Asian Cup history by thrashing Lebanon 4-0 to reach the quarter-finals for the first time. The emphatic win also ended a long wait for goals and a victory since 2005, with the team’s maiden knockout run now set to take on hosts China.

Summarised by Beize from a story on The Economic Times on 8 May 2026
US contractor Peter Williams ordered to pay 10 million after selling hacking tools to Russia

US contractor Peter Williams ordered to pay 10 million after selling hacking tools to Russia

A US court has ordered former cybersecurity executive Peter Williams to pay $10 million to his former employers after he stole surveillance and hacking tools. Williams allegedly sold the tools for $1.3 million to a Russian broker linked to Putin’s government. The ruling underscores how internal theft can directly fuel foreign cyber operations and raises questions about tool accountability and oversight.

Summarised by Beize from a story on TechCrunch on 8 May 2026
Anthropic CEO Says Claude Mythos Access Was Not Limited Due To Compute Constraints

Anthropic CEO Says Claude Mythos Access Was Not Limited Due To Compute Constraints

Speculation claimed Anthropic held back broad access to Claude Mythos due to insufficient compute. But CEO Dario Amodei disputes that explanation, saying restrictions were not driven by resource limits. The remarks shed new light on how Anthropic is planning release strategies and managing demand for its next-generation model—without the compute bottleneck many expected.

Summarised by Beize from a story on Office Chai on 8 May 2026
Walmart CEO meets Modi and ramps India plans after 40 billion sourcing push

Walmart CEO meets Modi and ramps India plans after 40 billion sourcing push

Walmart CEO John Furner met Prime Minister Narendra Modi to discuss India’s growth and investment opportunities. The retailer said it has sourced $40 billion worth of goods from India and is expanding digital commerce and payments. The broader push includes plans tied to Flipkart and PhonePe’s potential public listings, signaling Walmart’s intent to deepen its footprint in the market.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Ex MLA Raje Gowda moves Supreme Court to stop Sringeri postal ballot recount

Ex MLA Raje Gowda moves Supreme Court to stop Sringeri postal ballot recount

Former Congress MLA TD Raje Gowda has taken his Sringeri election dispute to the Supreme Court, challenging a High Court order that ordered a recount of postal ballots. The recount shifted results in favour of his BJP rival DN Jeevaraj. The apex court is set to hear the case on Monday, and Congress says it will pursue the matter further.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Vodafone eyes share transfer to boost Vodafone Idea as debt plans ramp up

Vodafone eyes share transfer to boost Vodafone Idea as debt plans ramp up

Vodafone Group Plc is reportedly considering transferring part of its stake in Vodafone Idea Ltd to the Indian company. The capital move is meant to strengthen Vodafone Idea’s finances and support its push for large loans to clear government dues and fund growth. The proposal signals Vodafone’s effort to shore up its Indian unit amid debt pressure.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Petrol Diesel Set to Jump ₹5 to ₹7 a Litre by May 15

Petrol Diesel Set to Jump ₹5 to ₹7 a Litre by May 15

Petrol and diesel prices may rise by ₹5 to ₹7 per litre nationwide by May 15, sources say. The expected increase follows a global crude oil price uptick and mounting pressure on domestic oil marketing companies to bring retail rates in line with international benchmarks. An LPG price revision could also be considered, adding to household cost concerns.

Summarised by Beize from a story on Republic on 8 May 2026
N Rangasamy claims Puducherry government after meeting Lieutenant Governor with MLA support

N Rangasamy claims Puducherry government after meeting Lieutenant Governor with MLA support

N Rangasamy, founder of AINRC, has staked his claim to form the government in Puducherry after meeting the Lieutenant Governor. He submitted a letter of support from assembly members and was re-elected leader of the NDA legislature party. Following the recent assembly polls, the NDA retained power in the Union Territory, setting up the next steps for government formation.

Summarised by Beize from a story on The Economic Times on 8 May 2026
India supercharges defence after Operation Sindoor with Rafales drones space surveillance and new submarines

India supercharges defence after Operation Sindoor with Rafales drones space surveillance and new submarines

India is rapidly expanding its military capabilities in the wake of Operation Sindoor, with major deals moving toward finalisation. Planned acquisitions include additional Rafale fighter jets and indigenous submarines, while new air defence initiatives such as Mission Sudarshan Chakra target emerging threats. The push also leans heavily on drones, electronic warfare, satellite surveillance, and improving long-range missile strike options.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Fi Money cofounder Sumit Gwalani exits as banking shuts and team pivots to AI

Fi Money cofounder Sumit Gwalani exits as banking shuts and team pivots to AI

Fi Money cofounder Sumit Gwalani has stepped down after six years, following the shutdown of the startup’s banking service in March. The company says it is pivoting from consumer finance toward AI and enterprise technology, a shift that consumer-facing products and roles. The earlier restructuring announcement by Sujith Narayanan adds to the turmoil in India’s struggling neobanking partnerships.

Summarised by Beize from a story on The Economic Times on 8 May 2026
US to borrow 2 trillion in 2026 as debt nears 39 trillion

US to borrow 2 trillion in 2026 as debt nears 39 trillion

The US Treasury is projected to borrow over $2 trillion in fiscal year 2026, with deficits staying above 6% of GDP. That implies $166–$181 billion of new debt each month, while interest payments alone hit $530 billion in just six months. With national debt around $38.91 trillion, reaching a 3% deficit target would require about $10 trillion in cuts over a decade.

Summarised by Beize from a story on The Economic Times on 8 May 2026
RBI lets banks count quarterly profits for regulatory capital boosting CRAR flexibility

RBI lets banks count quarterly profits for regulatory capital boosting CRAR flexibility

The RBI has issued the Commercial Banks Prudential Norms on Capital Adequacy Fifth Amendment Directions 2026, allowing banks to reckon profits from the current financial year for CRAR calculations on a quarterly basis. The move applies subject to specific conditions and a prescribed formula, potentially giving banks greater flexibility in meeting capital adequacy requirements.

Summarised by Beize from a story on The Economic Times on 8 May 2026
AI Titans Jump as US Jobs Beat Sparks Rally Near Record S&P 500 Highs

AI Titans Jump as US Jobs Beat Sparks Rally Near Record S&P 500 Highs

A sharp US jobs report beat expectations, jolting Wall Street and lifting the S&P 500 toward record territory. The Dow and Nasdaq surged as investors piled into AI-linked leaders, with NVIDIA topping $214 and Apple breaking above $294. Falling Treasury yields toward 4.35% eased pressure on growth stocks despite geopolitical worries and $100 oil.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Mumbai Auto Driver Turns Rides Into Karaoke Concerts for Celebrities

Mumbai Auto Driver Turns Rides Into Karaoke Concerts for Celebrities

Mumbai auto driver Satyawan Gite has turned a regular commute into a sing-along experience. His auto-rickshaw is equipped with a built-in karaoke system, letting passengers take part while he also offers free fruits, water, and Wi-Fi. He marks birthdays and gives free rides to elderly people and pregnant women—drawing praise from celebrities like Amitabh Bachchan and Akshay Kumar.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Mirwaiz backs drug crackdown but blasts policymakers with a law and order prism warning

Mirwaiz backs drug crackdown but blasts policymakers with a law and order prism warning

Mirwaiz Umar Farooq praised the administration’s drug abuse crackdown but warned it may be trapped in a “law and order prism.” He argued arrests alone won’t solve addiction, urging broader action amid youth stress from conflict and limited opportunities. He also questioned expanding alcohol sales during the fight against drugs, calling for an alcohol ban and reopening educational institutions.

Summarised by Beize from a story on The Economic Times on 8 May 2026
NDA oath ceremony in Assam set for May 12 cabinet swearing at 11 am

NDA oath ceremony in Assam set for May 12 cabinet swearing at 11 am

Assam’s NDA government is set to take oath on May 12, with the council of ministers scheduled to be sworn in around 11 am. Ahead of that, the legislature party leader will be elected on May 10, followed by the NDA leader’s selection. The process will then move to seeking the Governor’s permission to form the new government.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Texmaco wins Rs 187 crore Kochi Metro and Vedanta Aluminium orders

Texmaco wins Rs 187 crore Kochi Metro and Vedanta Aluminium orders

Texmaco Rail and Engineering Limited has landed new orders worth Rs 187.37 crore. Kochi Metro Rail has awarded the company Rs 130.22 crore for ballastless track works for Phase 2. Texmaco also secured a Rs 57.15 crore capex purchase order from Vedanta Aluminium, adding a second large contract to its order book.

Summarised by Beize from a story on The Economic Times on 8 May 2026
US opened fire to disable Iranian ships trying to breach port blockade after Strait closure

US opened fire to disable Iranian ships trying to breach port blockade after Strait closure

The US says its forces opened fire to disable four Iranian ships attempting to breach a blockade of Iran’s ports. The US Navy claims it used precision munitions and cannon fire to stop the vessels. The escalation comes after Iran shut the Strait of Hormuz, and the blockade was reportedly set following failed peace talks in Pakistan, underscoring rising maritime tensions.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Pentagon unveils UFO files on a new war gov portal with videos and documents

Pentagon unveils UFO files on a new war gov portal with videos and documents

The Defense Department has released a new collection of UFO-related materials on war.gov/ufo, including images, videos, and documents. The move puts a curated archive directly in public view, offering new details and context around previously classified or little-seen sightings. Officials say the content has been made available as part of the government’s transparency push.

Summarised by Beize from a story on TechCrunch on 8 May 2026
Ujjivan SFB Q4 profit surges 238% as asset quality and collections strengthen

Ujjivan SFB Q4 profit surges 238% as asset quality and collections strengthen

Ujjivan Small Finance Bank reported a 238% jump in Q4 net profit to Rs 282 crore, driven by stronger business momentum, improved asset quality, and better collections. Deposits and assets under management continued to rise steadily. The bank also cleared a Rs 2,000 crore fundraising plan for FY27, signaling renewed growth ambitions despite tighter credit discipline.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Urban Company InstaHelp Losses Spike 57 Times as CEO Bets on Market Share

Urban Company InstaHelp Losses Spike 57 Times as CEO Bets on Market Share

Urban Company’s InstaHelp segment drove a dramatic 57-fold jump in net loss to Rs 161 crore in the March quarter of FY26. The company says the increase stems from higher spending as it pushes for market share in the fast-growing, cutthroat on-demand domestic help space, even if short-term profitability suffers.

Summarised by Beize from a story on The Economic Times on 8 May 2026
BCCI to tighten IPL access rules as protocol breaches pile up

BCCI to tighten IPL access rules as protocol breaches pile up

BCCI vice president Rajeev Shukla says the board will introduce new access control rules for IPL players, targeting repeated protocol breaches by individuals and franchises. The move is aimed at enforcing stricter discipline and tightening match-day compliance. Details are expected as the league progresses, with players and teams likely facing tougher monitoring and restrictions.

Summarised by Beize from a story on Republic on 8 May 2026
SBI seeks shift in affordable home rules as average loan size jumps sharply

SBI seeks shift in affordable home rules as average loan size jumps sharply

SBI Chairman C S Setty has urged a review of the definition of “affordable home,” pointing to a rapid rise in loan sizes within the segment. The bank says average affordable housing loan amounts have increased to about Rs 51 lakh from roughly Rs 35–40 lakh just two years ago, despite the segment remaining highly competitive.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Zaggle slashes DICE buyout to 68 crore while switching to an AI IP asset deal structure

Zaggle slashes DICE buyout to 68 crore while switching to an AI IP asset deal structure

Zaggle has revised its DICE acquisition, cutting the deal size to around ₹68 crore from the previously planned ₹123 crore. Instead of purchasing the entire entity, Zaggle’s board approved a strategic acquisition of DICE’s AI-enabled spend management platform, contracts, IP, and about 100 technology professionals, aiming for capital efficiency and tighter integration.

Summarised by Beize from a story on Inc42 on 8 May 2026
Vijay Thalapathy Falls Short Again in Tamil Nadu Government Bid as IUML Quits Support

Vijay Thalapathy Falls Short Again in Tamil Nadu Government Bid as IUML Quits Support

Actor turned politician Vijay Thalapathy has failed to prove majority in Tamil Nadu for the third consecutive time, according to sources. He reportedly missed the 118 MLA mark and remains short by two MLAs. IUML’s withdrawal of support has further deepened the stalemate, and the oath taking ceremony has been postponed again, prolonging the political thriller.

Summarised by Beize from a story on Republic on 8 May 2026
Boston Scientific signs 9.5 year Pune lease for 1.3 lakh sq ft office space expansion option

Boston Scientific signs 9.5 year Pune lease for 1.3 lakh sq ft office space expansion option

Boston Scientific has leased more than 1.3 lakh sq ft of office space in Pune’s Wakad for a global capability centre, locking in a nearly 9.5-year term. The arrangement also offers an option for additional expansion, signaling growing investor confidence in Pune’s ability to attract multinationals seeking large campuses and skilled talent.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Vijay to take oath as Tamil Nadu CM tomorrow at 11am after talks

Vijay to take oath as Tamil Nadu CM tomorrow at 11am after talks

Actor-turned-politician Vijay Thalapathy is scheduled to take oath as Tamil Nadu Chief Minister tomorrow at 11 am. The move follows his third meeting with Governor Rajendra Vishwanath Arlekar in three days, where Vijay staked a claim to form the government with support from 120 MLAs, ending the political stalemate.

Summarised by Beize from a story on Republic on 8 May 2026
Starbucks bets big on India coffee boom opening first Reserve store in Kolkata

Starbucks bets big on India coffee boom opening first Reserve store in Kolkata

Tata Starbucks says it is bullish on India’s long-term coffee growth, unveiling its first Starbucks Reserve store in east India at Kolkata. The company points to rising coffee penetration and sees expansion that is both sustainable and profitable. With more outlets planned, Starbucks is using the Reserve format to deepen its presence as India’s coffee market continues to grow.

Summarised by Beize from a story on The Economic Times on 8 May 2026
LTM CEO Venu Lambu takes Rs 27.26 crore in FY26 as pay tops prior chief

LTM CEO Venu Lambu takes Rs 27.26 crore in FY26 as pay tops prior chief

LTM Limited’s new CEO Venugopal Lambu reportedly received Rs 27.26 crore in remuneration for FY26, combining fixed salary, variable compensation and stock options. His predecessor, Debashis Chatterjee, earned Rs 15.75 crore for a shorter tenure. The company also pointed to strong profit and revenue growth during the same fiscal year.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Cloudflare fires over 1100 staff to become AI first and the memo fallout turns brutal

Cloudflare fires over 1100 staff to become AI first and the memo fallout turns brutal

Cloudflare is cutting more than 1,100 jobs as it restructures to become an AI-first organization. The internet security firm says rapid AI adoption has fundamentally changed how work gets done, prompting a major overhaul of teams and operations. The move highlights how quickly generative AI is reshaping labor needs, even in fast-growing tech security companies.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Northern Arc Capital Q4 profit nearly triples to Rs 139 crore on income surge

Northern Arc Capital Q4 profit nearly triples to Rs 139 crore on income surge

Northern Arc Capital reported a sharp jump in Q4 performance, with net profit rising nearly threefold to Rs 139 crore. In the same quarter last year, profit was Rs 47 crore. The company also said total income increased to Rs 735 crore in January to March 2025-26, up from Rs 593 crore a year earlier, according to a regulatory filing.

Summarised by Beize from a story on The Economic Times on 8 May 2026
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