GitLab is laying off around 350 employees, roughly 14% of its workforce, and pulling out of 22 countries—a restructuring CEO Bill Staples is pinning on what he calls the “agentic era” of software development. The DevSecOps company announced the cuts on Tuesday alongside a first quarter that beat Wall Street, with revenue up 23% to...
Category: Events
Tax cuts, easier bond rules on the cards: How India plans to attract more foreign investment
At present, foreign investors are required to pay a 12.5% long-term capital gains tax on listed equities and bonds held for more than a year. (AI image) In a bid to stem foreign capital outflow amid the Middle East crisis, the government is looking to do away with capital gains tax on foreign portfolio investors’...
‘Suffocated’ Firhad Hakim likely to quit as Kolkata mayor
KOLKATA: City mayor Firhad Hakim, reportedly rattled by the loss of control over Kolkata Municipal Corporation after Trinamool’s poll defeat, is likely to step down this week, possibly on Friday.Hakim is said to have told party chairperson Mamata Banerjee that he was feeling “suffocated”, and sought her permission to resign.“I have not resigned,” Hakim said...
‘I’m not running at all’: Lalit Modi on the ‘fugitive’ tag and whether he’ll return to India
Former cricket administrator Lalit Modi NEW DELHI: Former IPL chairman and businessman Lalit Modi has pushed back strongly against being labelled a “fugitive”, insisting that he has “never been convicted” of any crime.He also dismissed the tag as a product of “media sensationalism” rather than legal reality.In an exclusive interview with news agency ANI, Lalit...
‘Stupid game’: Lalit Modi claims he ‘begged’ Sachin, Dravid to play 2007 T20 WC
Photo/Agencies Former IPL chairman Lalit Modi has claimed that many star Indian cricketers were unwilling to play the inaugural ICC T20 World Cup in 2007, saying he personally approached players during India’s tour of England that year and urged them to take part in the tournament.India toured England from July 19 to September 8, 2007,...
‘Everything works in Delhi’: Hotel owner blames ‘other person’ in Malviya Nagar fire probe
Police have arrested Lovkesh Bajaj, the co-owner of Hotel Flourish Stays. NEW DELHI: The hotel in south Delhi’s Malviya Nagar where a fire killed at least 21 people on Wednesday was allegedly operating nearly four times beyond its permitted capacity, had no fire safety clearance and was functioning from a building where additional floors were...
Donald Trump says US, Iran to jointly remove buried nuclear material; Tehran sees no breakthrough in talks
Image credit: AP US President Donald Trump said on Wednesday that talks with Iran are going “very well” and that Tehran has agreed to allow American personnel, in coordination with Iranian authorities, to enter Iran and recover buried nuclear material once the war ends.“It’s very, very hard to get it … but nevertheless, I want...
CBSE blocks 3.8 million cyberattack packets amid revaluation rush
CBSE blocks DoS attack while processing over 56,000 verification and re-evaluation requests NEW DELHI: The Central Board of Secondary Education (CBSE) on Tuesday said it had successfully thwarted a massive cyberattack targeting its verification and re-evaluation portal, even as the platform continued to process tens of thousands of student requests amid ongoing scrutiny of the...
‘I am hopeful’: RCB’s Krunal Pandya sets sights on India comeback after five years
Krunal Pandya Royal Challengers Bengaluru all-rounder Krunal Pandya has said he remains hopeful of making an India comeback despite being out of the national side for almost five years.Krunal, who played a key role in RCB’s successful IPL 2026 title defence, contributed with both bat and ball during the season. He scored 226 runs at...
‘Lack of effort’ to free Imran Khan? PTI lawmakers revolt against party leadership
Photo credit: ANI A deep internal rift has surfaced within Pakistan Tehreek-i-Insaf (PTI) in Khyber Pakhtunkhwa, with a group of lawmakers expressing dissatisfaction over what they described as a ‘lack of effort’ by the party leadership to secure the release of jailed founder and former prime minister Imran Khan.The disgruntled members of the Provincial Assembly...
