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HCLTech has announced a new hiring strategy aimed at recruiting top-tier engineering talent for artificial intelligence-focused positions. The IT firm plans to offer higher compensation packages to attract what it describes as elite engineers. This hiring push comes alongside HCLTech reporting a consolidated net profit of Rs 4,624 crore for the quarter ending June. The move signals the company's strategic shift toward building a workforce capable of meeting growing demand for AI-driven technology services.
Goldman Sachs has updated its personal trading policy to prohibit employees from placing bets on prediction platforms such as Kalshi and Polymarket. The ban covers event contracts linked to elections, financial markets, Bitcoin prices, and individual companies, though sports and entertainment wagers remain permitted. Employees who repeatedly break the rule risk termination, and any profits exceeding $200 may be clawed back by the firm. The move reflects a broader industry shift, with JPMorgan, Morgan Stanley, and Bank of America also introducing their own restrictions on prediction market activity.
Residents of a Gujarat locality have found themselves in confusion after discovering their area's name appears to have been changed. The change came to light only recently when government officials visited the area for a routine survey. Locals are divided over whether the locality should be called Jhapatpara or Islampura. The unexpected renaming has sparked debate among residents who were unaware of any official decision to alter the name.
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