Chinese court rules firms can’t lay off workers on AI grounds

A Chinese court ruled that companies cannot terminate employees just to replace them with artificial intelligence systems, as authorities juggle the need to stabilise the domestic labour market with a global race to develop AI technologies.The court decided that a tech firm in eastern China had illegally fired one of its workers after he refused … Read more

Proxy advisory firm asks RBI to reject Tata Sons’ bid to surrender licence

Proxy advisory firm InGovern Research Services said on Friday that the Reserve Bank of India (RBI) should reject Tata Sons’ application to give up its registration as a core investment company. It said the regulatory landscape had shifted significantly, and there was no remaining legal basis to provide an exemption to an entity of this … Read more

Bet early and exit often: How IIMA Ventures creates a healthy investment cycle

The startup incubator, part of the Indian Institute of Management-Ahmedabad (IIM-A), is barred from raising funds from institutional investors due to regulations governing educational institutions’ involvement in commercial, for-profit activities. As a result, IIMA Ventures doesn’t operate a fund, and instead invests through its balance sheet. The firm, which invests in pre-seed and seed-stage companies, … Read more

Singapore emerging as neutral ground as AI firms navigate Sino-US rivalry

The ‌city-state, a longtime darling for its business-friendly stance and bilingual population, is increasingly being seen as a place to keep both ​China and the U.S. at bay Singapore is transforming from East-West gateway ​to neutral ground for the AI sector, with Chinese startups hoping to operate beyond government reach while U.S. firms seek foreign … Read more

Godrej shares key targets

Pirojsha Godrej is taking control of the Godrej Industries group. He will succeed Nadir Godrej as Chairperson of the Godrej Industries Group and Godrej Industries Limited, effective August 14, 2026. Pirojsha will also continue to serve as Chairperson of Godrej Properties, Godrej Capital, and Godrej Ventures. With this change, there is general expectation of an aggressive growth … Read more