Chinese robot startup UBTech has posted a job opening for a Chief AI Scientist, offering to pay ¥124 million/year (over ₹168 crore), Bloomberg reported. The Shenzhen-based company said the scientist will guide the future of its humanoid robots and build the foundation for "embodied intelligence". UBTech is also planning to hire dozens of engineers, indicating its aggressive expansion plans.

Srinivas Narayanan on Saturday announced he is leaving OpenAI, where he served as CTO of B2B Applications, after three years. Narayanan completed his B.Tech in Computer Science from IIT Madras and later did his MS from the University of Wisconsin-Madison. Before joining OpenAI, he worked with Meta for more than 13 years.

The X account of Nidhi Mittal, wife of Lenskart CEO Peyush Bansal, has been deactivated after her old posts criticising PM Narendra Modi and the Hindu Mahasabha resurfaced. This comes after Lenskart faced widespread outrage over its style guide that showed the startup barring employees from wearing tilak and bindi at work while allowing hijabs and turbans.

Lenskart on Saturday shared an updated in-store style guide after facing backlash over a policy that banned bindi and tilak at work. According to the revised guidelines, items such as bindi, tilak, sindoor, kalawa, mangalsutra, kada, turban and hijab are permitted. Ripped denim, open footwear, torn uniform tops and obscene body art or markings are listed among prohibited items.

The Union Cabinet on Saturday approved a 2% hike in dearness allowance (DA) for central government employees and pensioners, taking the overall rate to 60%. For an employee with a basic pay of ₹50,000, the latest hike adds ₹1,000 per month to their salary. The move is expected to benefit about 50.46 lakh central government employees.

More than 73,000 jobs were cut globally in the first quarter of 2026 by 95 companies, Moneycontrol reported, citing Layoffs.fyi data. Oracle laid off around 20,000-30,000 employees in one of the biggest cuts this year. Other major layoffs were carried out by firms including Amazon, Snap, Meta, Pinterest, Block and Salesforce.

The US Securities and Exchange Commission (SEC) and Gautam Adani have jointly requested a US court for more time to file key submissions in a civil securities case. The SEC had sued Adani and his nephew Sagar in November 2024 for allegedly hiding a bribery scheme involving Indian officials, which misled investors. The Adanis had sought dismissal of the lawsuit.

The Centre on Friday stated it has recognised over 55,200 startups in FY26, the highest since launch of Startup India initiative in 2016, taking the total to more than 2.23 lakh. As per Ministry of Commerce and Industry, these startups created over 23.36 lakh direct jobs, with recognition rising 51.6% YoY. Employment also rose by 36.1%, reflecting strong ecosystem growth.

Startup Eon Systems has demonstrated a virtual fruit fly whose movements are driven by an AI-powered digital model of its brain. In a video, the fly is seen cleaning its antennae and feeding on simulated banana slices. "What you are seeing is not an animation...It is a copy of a biological brain...making a body move," Eon Co-founder Alex Wissner-Gross said.

Lenskart has released a standardised in-store style guide after outrage over its policy banning bindi and tilak at work while allowing hijab and turban. The guide lists bindi, tilak, sindoor, kalawa and mangalsutra among items permitted for its retail store employees. The eyewear brand faced boycott calls on social media over the earlier policy.