Leadership

Malhotra steps into a long-vacant CEO role as Jindal Steel battles weaker profit and rising cost pressure.

The Microsoft CEO told GitHub Universe 2025 that software development is moving to a model where human developers direct and audit AI systems that write and review code, and said the skill now is learning that process.

India’s IT industry could reach about $400 billion in annual revenue by 2030, up from roughly $260–$280 billion today, as global companies embed AI into core operations and outsource higher-value work to Indian providers, Bessemer Venture Partners said.

The appointment follows recent restructuring within Meta’s AI divisions, including the layoff of around 600 employees in its Superintelligence Labs.

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