Kunal Shah’s big plans for WhatsApp; Gaurav Munjal steps down as Unacademy CEO

Gaurav Munjal will no longer serve as CEO of Unacademy, transitioning to the role of executive chairman instead. Kumar will assume the position of CEO, with Munjal remaining actively involved in operations on a daily basis. This leadership shift occurred two months after Unacademy was acquired by upGrad for over $200 million. Separately, the Indian government has banned the export of lithium-ion battery black mass, a crucial intermediate material generated during battery recycling.

This decision, which reverses a previous policy, aims to bolster domestic recycling efforts and follows the approval of a Rs 2,814 crore scheme to promote critical mineral processing. IBM has also ceased sponsoring work visas and green cards for most roles within its consulting division in the US, a response to the administration's stricter immigration policies impacting the tech industry.

In an IPL trade, all-rounder Hardik Pandya has shifted from Mumbai Indians to Punjab Kings for a fee of Rs 18 crore, surpassing the previous record of Rs 16.35 crore.