The Economic Times

In May, Cluely leased eight apartments for its employees at a new luxury complex — where rents start at $3,000 a month and reach $12,000 a month for penthouse units — just a one-minute walk from its office in the city’s South of Market neighborhood. The apartments were a mix of one-bedroom and two-bedroom units in the 16-story building, which offers a fitness center, a rooftop bar,…

Also in the letter:
■ Uncertainty for H-1B spouses
■ Ola’s latest venture
■ Hexaware’s legal woes

Infosys Q2: Profit jumps 13% YoY to Rs 7,364 crore, revenue up 9%

IT major Infosys delivered a strong Q2 for FY26, with double-digit profit growth and increased revenue, while raising its guidance and securing a healthy pipeline of new deals.

The spouses of H-1B workers, who are skilled professionals, were given H4 Employment Authorization Documents (EAD) allowing them to work in the US starting 2015.

Joel Yanovich, attorney, Murthy Law Firm, said that over 200,000 H-4 EADs have been issued…

The engineering company has seen double-digit percentage growth this year in orders for electrification products from data centers being built to meet AI and cloud computing demand.

CEO confident in data centre demand

“Over the next five years I am very confident about demand from data centers,” Wierod said on Thursday.

“I don’t think there is a bubble, but we do see do see some constraints in terms of…

After adding the new Esop options of around $170 million, Zepto’s total Esop pool size has crossed $500 million.

Zepto on Thursday said that it has closed a $450 million round in a mix of primary and secondary transactions, led by US-based pension fund California Public Employees’ Retirement System (Calpers) ahead of its initial public…

The ‘India’s Semiconductor Moment: Perspectives from DEMO’ report by Endiya Partners, an early-stage deeptech venture capital (VC) firm, stated that execution challenges included the absence of operational advanced-node fabs, a nascent Outsourced Semiconductor Assembly and Test (OSAT) infrastructure, and a projected shortage of 10,000-13,000…

The book titled ‘Unseen’ is written by Zomato vice president of operations, Megha Vishwanath, and is slated for release on October 31.

In a post on microblogging site X (formerly Twitter), Goyal wrote: “Book on Zomato coming soon. @MeghaVishwanath has comprehensively chronicled our journey over the past 15 years through 300+ interviews, and countless hours of shadowing me.”

Sanjeev…