Month: April 2026

In a development that underscores India’s rising stature in the global space economy, European satellite giant Eutelsat has confirmed it is in active talks with the Indian Space Research Organisation (ISRO) for future satellite launches . The negotiations, confirmed by Eutelsat CEO Jean-François Fallacher, represent a significant vote of confidence in India’s launch capabilities and its broader vision of building a thriving commercial space sector .

It began with an email. At 6 in the morning, employees across Oracle’s global offices—in India, the US, Canada, and Mexico—received a brief, chilling notification from “Oracle Leadership” . The message was stark: “After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as a result of a broader organisational change. Today is your last working day” .

By the time the dust settled on March 31, 2026, reports confirmed that approximately 12,000 employees in India had been laid off—nearly 40% of the company’s 30,000-strong domestic workforce . Globally, the cuts impacted an estimated 30,000 workers, representing about 18% of Oracle’s total headcount of 162,000 as of May 2025 .