Indian IT services titan, part of the Tata Group, with global reach.
AMD has unveiled its Helios AI rack system at Advancing AI in San Francisco, promising higher throughput and lower cost per token. The system targets hyperscalers and data centers, with partnerships across Microsoft, Anthropic, OpenAI, and others. The move intensifies the race with Nvidia as AMD argues Helios delivers greater inference efficiency.
Chandrasekaran has stepped down from Tata Sons, citing unresolved board approval for a five-year extension. The move comes as Tata Trusts press for disciplined capital allocation amid losses in Air India, Tata Digital and Tata Electronics, and as investors respond to leadership uncertainty across the Tata Group.
The Trump administration has suspended new and pending PERM applications for major tech firms and a set of universities as part of a broader crackdown on skilled-work visas. Officials say the move targets perceived abuses while firms argue most filings extend existing workers’ statuses. The development follows high-profile comments by Vice President JD Vance about replacing American workers with foreign labor.
The U.S. Labor Department has suspended permanent Labor Certification (Perm) for several Indian IT firms amid a broader immigration crackdown. Vice President JD Vance has accused the H-1B system of fraud and undercutting American workers, highlighting Microsoft’s and Tata Consultancy Services’ roles in the debate. Indian authorities condemn the language while stressing that talent mobility benefits both economies.
The administration has announced suspensions affecting Microsoft and several large IT firms in the H1B1 visa and PERM programs, citing fraud concerns and past worker replacements. The move comes as Labor Secretary confirms broad suspensions and notes extensive foreign-worker authorizations since 2009.