Economic Times
Ecommerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived. "While the c
Zhao pleaded guilty in November to one count of failing to take required anti-money-laundering measures and stepped down as Binance agreed to pay $4.3
Happy Wednesday! After the central bank's action on IIFL Finance, concerns have been raised over gold loan evaluation by fintechs and their partner ba
RBI's ban on DLG for P2P platforms reshapes industry operations, impacting prominent startups. Regulator's actions aim to bolster governance but may r
AET Displays, part of China's Guangda Group, invests Rs 200 crore in India for manufacturing expansion. They plan to strengthen local supply chain, en
RBI cautions banks on gold loan disbursement concerns through fintechs like Rupeek, IndiaGold, and Oro Money. Banks evaluating next steps post IIFL Fi
Birlasoft faces whistle-blower complaints alleging financial impropriety, with ongoing investigations. CEO Guha aims to diversify revenue sources, tra
Top IT services firms experience revenue growth in Europe, MEA, and APAC, outpacing North America. US clients are cautious about spending due to infla
Bengaluru's Kogo AI introduces Kogo OS, a versatile AI platform. CEO Raj K Gopalakrishnan foresees business expansion. Global interest in LAMs evident
Licious founders plan 500 stores in 5 years with 6% operating profit margin. Targeting profitability by FY25, focusing on offline strategy. Improved d
Former Binance CEO Changpeng Zhao ('CZ'), 47, sentenced to four months in prison by U.S. District Judge Richard Jones in Seattle, becoming the second
New York Daily News, Chicago Tribune, MediaNews Group sue Microsoft, OpenAI for misusing reporters' work. Lawsuit includes Copilot, alleges copying of
Government, FinTechs, law enforcement agencies collaborate on addressing cybersecurity, fraud. Workshop discusses registry creation, geotagging transa
Delhi High Court restrains Ashneer Grover from transferring shares to prevent irreparable loss to Bhavik Koladiya. The legal battle involves claims ov
Google will pay News Corp $5-6 million annually for AI content development, excluding licensing. News Corp denies an AI deal with Google, while AI fir
AI startup Nintee, led by Paras Chopra, closed after struggling to compete with bigger platforms. Funding to be returned. Employees offered roles at W
Delhi High Court criticized Meta for inadequate response to TV Today Network's plea against blocking Harper's Bazaar India on Instagram. The court war
The top six information technology services companies in India reported a reduction in their total headcount in the last fiscal year, with only HCLTec
The findings were part of NetApp’s quantitative research study of over 1,300 tech and data executives at businesses across 10 markets, done in pa
In the past two weeks of the final quarter and full fiscal 2024 earnings announcements, most IT majors failed to meet their revenue growth guidance. M
