Tag: IOCL exam

  • Daily Tech Roundup: SEMICON India 2026, AI Wealth Advisor, IOCL Exams, Crypto.com Expansion, and Oracle Layoffs

    Daily Tech Roundup: SEMICON India 2026, AI Wealth Advisor, IOCL Exams, Crypto.com Expansion, and Oracle Layoffs

    Good morning! Here’s your quick roundup of today’s biggest developments across semiconductor manufacturing, startup funding, government recruitment, crypto infrastructure, and corporate layoffs.

    What’s New Today

    Today’s roundup spans five distinct storylines shaping the tech and business landscape: PM Modi inaugurating India’s flagship semiconductor showcase in the capital, a London startup raising fresh funds for its AI-powered wealth advisor, Indian Oil releasing its exam schedule for hundreds of executive posts, Crypto.com and ZagTrader deepening institutional crypto access in the Middle East, and Oracle trimming its India workforce for the second time this year.

    Fast-Track Insights

    • SEMICON India 2026: Prime Minister Narendra Modi will inaugurate SEMICON India 2026 in the National Capital on Thursday, bringing together global chipmakers, policymakers and investors to showcase India’s shift from semiconductor policy to actual production.
    • Quartz AI Wealth Advisor: Quartz, a London-based startup that helps users manage investments and cut their tax liability, secured £2.75 million in pre-seed funding led by Daphni, with Outward VC and K Fund also participating.
    • IOCL Exam Date: Indian Oil Corporation Limited released its exam date notification for 470 executive posts across engineering, marketing, law and quality-control streams, with the CBT exam scheduled for 24 September 2026.
    • Crypto.com and ZagTrader: Crypto.com Exchange and ZagTrader expanded institutional access to digital assets by linking the Zag Financial Network with Crypto.com’s trading platform across the MENA region.
    • Oracle Layoffs in India: Oracle began a fresh round of layoffs in India on 14 September, with reports suggesting 1,000 to 1,500 employees, mostly mid-to-senior staff in web development, have been affected.

    India’s semiconductor leap: From policy to production powerhouse

    India is about to put its semiconductor ambitions on display — and this time, there is more than policy on the table. On Thursday, Prime Minister Narendra Modi will inaugurate SEMICON India 2026 in the National Capital, bringing global chipmakers, policymakers, investors and technology leaders together as India showcases an ecosystem that has moved from aspiration to actual production.

    Quartz nets £2.75M pre-seed from Daphni to build AI wealth advisor

    Quartz, the London-based startup that offers users advice on how to allocate their investments and reduce their tax liability, has secured £2.75 million in pre-seed funding, with Daphni as lead, alongside Outward VC and K Fund. Among the angel investors are Philippe Gelis, who co-founded Kantox and sold it to BNP Paribas for approximately €120 million in 2023, and Gilles BianRosa, who was previously the chief product officer at both N26 and Kraken.

    IOCL Exam Date 2026 Out, CBT Exam Scheduled on 24 September for 470 Executive

    Indian Oil Corporation Limited (IOCL) has issued an official exam date with the notification PDF (Advt. No. IOCL/CO-HR/RECTT/2026/01) on its official website at iocl.com. A CBT exam for 470 Executive posts across Grade A, Grade A0, and Grade E0 cadres in Graduate Engineers, Diploma Engineers, Marketing Officers, Law Officers, and Assistant Quality Control Officers (AQCO) streams is scheduled on 24 September 2026. Candidates who applied for the 470 executive posts can check their exam date, selection process, exam pattern, & syllabus here.

    Crypto.com Exchange and ZagTrader Expand Institutional Access to Digital Assets

    One of the world’s fastest and most secure platforms with deep liquidity and competitive fees, and ZagTrader, a recognized leader in capital markets infrastructure providing front-to-back trading technology to banks, brokers, and asset managers, today expanded institutional access to digital assets by establishing direct connectivity between the Zag Financial Network (ZagFN) and the Crypto.com Exchange trading platform in the MENA region.

    Oracle Layoffs in India: 1,500 Employees Reportedly Affected

    Oracle initiated another round of layoffs in India. The newest cuts began on Monday, September 14, and reportedly, this time, the most affected employees are mid-to-senior-level staff in web development and maintenance. According to reports, around 1,000 to 1,500 people are bidding goodbye this time. The figure is not verified or confirmed. The impact on Oracle Cloud Infrastructure teams in India is also still unclear. Some reports mentioned that senior employees at Oracle Financial Services Software were also impacted in the global restructuring of the workforce.

  • Morning Tech Brief: Foldable Phones, Startup Funding, Government Jobs, AI Hardware, and Crypto Trends

    Morning Tech Brief: Foldable Phones, Startup Funding, Government Jobs, AI Hardware, and Crypto Trends

    Good morning, tech enthusiasts! Here’s your quick roundup of the biggest headlines making waves today, from foldable phone launches and state-level startup initiatives to government job exams, AI hardware demands, and the steady march of stablecoins into mainstream finance.

    Huawei and Xiaomi Challenge Apple With New Foldable Phones

    Huawei and Xiaomi have launched new premium foldable smartphones in China ahead of Apple’s latest iPhone event on September 9. Huawei unveiled its Mate XT2 series, while Xiaomi introduced the Xiaomi 18 Fold with new designs and in-house chips. The competition in the foldable segment continues to heat up as both Chinese giants push the envelope on form factor and performance.

    Karnataka Plans Rs. 200-Crore Startup Fund and AI Skilling Push

    The Karnataka government is planning to issue rules for its Rs. 200-crore startup fund and launch the Nipuna Edge AI skilling program. The state also aims to help startups test solutions in government projects, support responsible AI use, and promote data center development beyond Bengaluru. This initiative is expected to boost the region’s tech ecosystem and create new opportunities for entrepreneurs.

    IOCL Exam Date 2026: CBT Scheduled for September 24

    Indian Oil Corporation Limited has scheduled its Computer-Based Test for 470 executive posts on September 24, 2026. Candidates can download admit cards from September 15. The selection process includes CBT, Group Discussion/Group Task, and Personal Interview. This is a key opportunity for job seekers in the public sector.

    AI PC Hardware Needs in 2026

    AI models are driving up PC hardware requirements. Running even moderately sized models now demands strong memory, GPU power, bandwidth, and storage. Users with 32GB of RAM can only run smaller models; for greater support, 64GB is recommended, but 128GB or more is the practical choice for larger workloads. As AI becomes more integrated into everyday computing, hardware upgrades are becoming essential.

    Stablecoins Push Digital Assets Toward Mainstream Finance

    Stablecoins are gaining stronger support from banks and financial institutions. Tokenized securities and 24-hour trading have expanded, creating a surge in demand for improved liquidity, settlement, cross-border rules, and identity systems that connect digital assets with traditional finance. This trend signals a growing acceptance of cryptocurrency in regulated financial markets.