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India Moves Toward Stricter AI Rules as Deepfakes Cyber Threats Pressure Government

India Moves Toward Stricter AI Rules as Deepfakes Cyber Threats Pressure Government

India is reportedly shifting from a “light-touch” approach to AI regulation by forming a Technology and Policy Expert Committee and an interministerial AI Governance and Economic Group. The new framework targets deepfakes, cybersecurity threats, and platform accountability across vital sectors. India is also revising intermediary rules to require clearer labeling of AI-generated content by 2026.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
RBI unveils draft PPI rules 2026 to reshape wallets and KYC limits for users and fintechs

RBI unveils draft PPI rules 2026 to reshape wallets and KYC limits for users and fintechs

The RBI has released a draft Master Direction on Prepaid Payment Instruments (PPIs) 2026, replacing the current 2021 framework. It tightens KYC and sets wallet usage caps, including limits on monthly debits and outstanding balances. Small PPIs can be issued with minimal data but must convert to full KYC within two years. The draft also increases escrow supervision and extends wallet use cases for international tourists.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026

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Nike to cut 1400 jobs as technology teams face hardest layoffs in global operations shuffle

Nike to cut 1400 jobs as technology teams face hardest layoffs in global operations shuffle

Nike plans to eliminate about 1,400 roles in its global operations business, with technology teams hit the hardest, COO Venkatesh Alagirisamy said in an internal memo. The move is part of the final phase of a turnaround effort “to make Nike simpler and faster,” merging systems, streamlining structures, and reshaping infrastructure and supply-chain alignment. Managers will personally notify affected staff.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
Aspire Impact lands Parinama investment and names Saloni Malhotra CEO as Dr Ram Sharma joins advisors

Aspire Impact lands Parinama investment and names Saloni Malhotra CEO as Dr Ram Sharma joins advisors

Aspire Impact, an ESG impact measurement and certification firm, has secured investment from The Parinama Group and posted a post-funding valuation of ₹360 million. It appointed Saloni Malhotra as CEO of Aspire Impact Assurance and added UPES Chancellor Dr Ram Sharma to its Board of Advisors. The company says it has grown rapidly, serving major clients and planning global expansion.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
KPMG to cut 10 percent of US audit partners after early retirements fail

KPMG to cut 10 percent of US audit partners after early retirements fail

KPMG says it will cut about 10% of its US audit partners, impacting over 100 people, after a multi-year push to encourage early retirements saw weak uptake. The firm insists the decision is not tied to performance reviews and says layoffs aim to align partner numbers with the current size of its audit business. Packages and job-search support will be offered.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
Amazon India pledges 300 million to speed deliveries and overhaul worker safety

Amazon India pledges 300 million to speed deliveries and overhaul worker safety

Amazon India says it will invest over INR 2,800 crore (about $300 million) to expand its logistics network while strengthening employee safety and welfare. The plan includes new fulfilment, sortation and last-mile facilities, climate and accessibility upgrades, and AI tools like route planning and dangerous-driving notifications as e-commerce demand surges.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026

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Gold and silver prices fall in India as dollar firms again see MCX and city rates today

Gold and silver prices fall in India as dollar firms again see MCX and city rates today

Gold and silver prices in India slid for the second straight session on 24 April 2026. A firmer US dollar and delayed Fed rate-cut expectations weighed on MCX gold and silver, while global COMEX prices also retreated. Surprisingly, even the Strait of Hormuz tension failed to trigger a safe-haven bounce, leaving bullion trading softer across major cities.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
Infosys Shares Drop as FY27 Guidance Looks Cautious Despite $20 Billion Revenue Milestone

Infosys Shares Drop as FY27 Guidance Looks Cautious Despite $20 Billion Revenue Milestone

Infosys crossed the $20 billion revenue milestone in FY26 and delivered strong profit growth, but its stock fell after Q4 results. The culprit was a cautious FY27 outlook, with revenue growth guided at 1.5%–3.5% and margins at 20%–22%. Investors signaled concern over slower deal-to-revenue conversion and demand softness.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
Nestle to cut 180 jobs in France as global restructuring accelerates

Nestle to cut 180 jobs in France as global restructuring accelerates

Nestlé plans to reduce about 180 jobs in France as part of a broader global reorganization aimed at cutting costs and improving efficiency. The company says the changes focus mainly on research and development and support functions, not on employee performance. The move follows an earlier plan to eliminate up to 16,000 roles worldwide amid rising input, energy, and logistics costs and shifting consumer demand.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
Infosys to hire 20000 freshers in FY27 while headcount shrinks and attrition eases

Infosys to hire 20000 freshers in FY27 while headcount shrinks and attrition eases

Infosys plans to hire around 20,000 freshers in FY27, even as its total headcount dipped and attrition eased in the March quarter. The company says this reflects a calibrated workforce strategy—reducing employment, adjusting its talent pyramid, and building capabilities for AI-led services. Revenue grew in Q4FY26, but FY27 guidance remains cautious as client decisions slow.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026

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