Unmarried woman denied job on assumption of marriage in future: Gujarat High Court sets aside ‘appointment tainted by favoritism’

The petitioner approached the High Court seeking quashing of the appointment order and her own appointment based on merit. (AI image) In a strongly worded decision that upheld the constitutional right to equality in the public employment, the Gujarat High Court ruled that refusal to employ an unmarried woman on the assumption that she might…

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Anthropic Claude Code tool impact: IBM share price crashes most in 25 years; may see biggest monthly fall in almost 60 years

IBM share price crash (AI image) IBM share price crash: Anthropic’s latest business move has hit shares of International Business Machines Corp or IBM hard. The stock tumbled on Monday after artificial intelligence startup Anthropic announced that its Claude Code tool can assist in upgrading COBOL, an aging programming language predominantly operated on IBM systems.In…

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Revised PMS regulations by mid-2026: Sebi chief

SEBI Chairman Tuhin Kanta Pandey MUMBAI: Markets regulator Sebi is in the process of reviewing and revamping the regulations for the portfolio management services industry, and a new set of regulations is expected to be in place by mid-2026, Tuhin Kanta Pandey, chairman, Sebi said Monday.The Sebi chief also said that internally its top officials…

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AI reshapes IT talent’s pyramid model

BENGALURU: The IT industry is undergoing one of its deepest structural shifts in decades as AI reshapes talent needs across the delivery chain. The traditional pyramid model with large teams of junior coders supervised by layers of managers-is giving way to a capability-dense, AI-augmented structure. “The shift is from coding depth to problem framing,” said…

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Wall Street trips as Trump’s tariff fans uncertainty

Global stocks on Monday were dragged down by losses on Wall Street and European equities as fresh uncertainty around tariffs intensified after US President Donald Trump announced new levies following a US Supreme Court ruling last week.Wall Street’s main indexes slid, with software and financials being the biggest drags on the benchmarks. Citigroup was down…

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