In a strategic boost to West Bengal’s technology landscape, Tata Consultancy Services (TCS) has received approval for a major office campus at Bengal Silicon Valley in New Town, Kolkata. The project, sanctioned by the New Town Kolkata Development Authority, is poised to generate 25,000 direct jobs upon full completion. Chief Minister Mamata Banerjee heralded the development as a turning point in Bengal’s push toward IT-driven economic expansion.

Darwinbox, a leading HR tech startup, has successfully concluded its third employee stock ownership plan (ESOP) buyback, disbursing Rs. 86 crore among over 350 employees. The move underscores the company's emphasis on cultivating a culture of ownership and rewarding its workforce. The buyback spans employees across 11 international offices, including India, North America, Southeast Asia, and the Middle East. This initiative follows Darwinbox’s recent capital infusion of USD 140 million in March 2025, which brought global investment firms Partners Group and KKR on board.

India’s 5G revolution is accelerating at an unprecedented pace, with the subscriber base projected to grow over threefold to approximately 980 million by 2030, according to the latest Ericsson Mobility Report. As 5G adoption rises, 4G usage is expected to decline by nearly 60%, dropping to 230 million users. The report underscores India’s leadership in global mobile data consumption, with average smartphone data usage currently at 32 GB per month—the highest worldwide. With this figure projected to double by 2030, the demand for a robust 5G infrastructure has never been greater.

Punjab Finance Minister Harpal Singh Cheema conducted a surprise inspection of the Excise and Taxation Department’s head office in Patiala on Tuesday, intensifying the government’s crackdown on bureaucratic inefficiency. Citing persistent delays in file processing and absenteeism, Cheema labeled such delays as a form of corruption, calling for swift and accountable governance. Several documents were seized for further review, and disciplinary action has been ordered against staff violating protocol.

The race to acquire Jaiprakash Associates Ltd (JAL) under the insolvency process has intensified, with major corporate players including the Adani Group, Vedanta, Dalmia Bharat Cement, and Suraksha Group submitting resolution plans. JAL, once a sprawling conglomerate with interests in cement, real estate, and infrastructure, owes creditors over Rs. 57,000 crore and has entered the Corporate Insolvency Resolution Process (CIRP) under orders from the NCLT. Although initial interest was shown by 25 firms, not all have moved forward with binding bids.

In a major boost to India’s aerospace and defense sectors, French aviation giant Safran has unveiled plans to establish a new maintenance, repair, and overhaul (MRO) facility in Hyderabad focused on the M88 engines that power Rafale fighter jets. The new entity—Safran Aircraft Engine Services India—is expected to create 150 jobs by the end of 2025, with capacity to expand up to 750 roles over time.

The Indian government has approved a revised ₹5,940 crore Jharia Master Plan (JMP) aimed at addressing long-standing underground coal fires, land subsidence, and the rehabilitation of thousands of families in Jharkhand's Dhanbad district. The Cabinet, chaired by Prime Minister Narendra Modi, cleared the updated blueprint, which now places stronger emphasis on sustainable livelihoods for the displaced. Originally introduced in 2009 with a 10-year horizon, the initial plan expired in 2021.

Central Depository Services (India) Ltd (CDSL) has announced a strategic alliance with the Indian Institute of Management Mumbai (IIM Mumbai) to advance data-driven intelligence and research in the financial sector. The partnership aims to integrate academic expertise with industry operations through collaborative projects, advanced analytics, and talent development. Leveraging machine learning and econometrics, this initiative is poised to generate impactful insights into risk management, financial innovation, and strategic policymaking.

India’s dynamic wicketkeeper-batter Rishabh Pant achieved a rare feat during the first Test against England by scoring centuries in both innings, becoming only the second player in history to do so in this role. While the crowd eagerly awaited a celebratory somersault following his second hundred, Pant instead offered a more subdued gesture, likely in acknowledgment of former captain Sunil Gavaskar watching from the stands.

Amazon Prime Video has officially confirmed the return of its flagship espionage drama The Family Man for a third season, generating excitement across its vast fan base. Starring Manoj Bajpayee as the ever-conflicted intelligence officer Srikant Tiwari, the new season promises higher stakes, fresh plotlines, and a robust ensemble cast. While a specific release date remains under wraps, the platform has released a new poster and a cast announcement, affirming that the show’s return is imminent.