Economic Times
Zomato's market capitalisation hit $28 billion as shares rose 19% after strong quarterly results. The company reported a net profit of Rs 253 crore an
Coinbase reported a notable rise in second-quarter revenue due to increased trading volumes, thanks to regulatory approvals for bitcoin and ether ETFs
Intel revealed plans to cut around 15,000 jobs, which amounts to 15% of its workforce, as a strategic move to save $10 billion by 2025. The decision c
Shares of food delivery giant Zomato surged 10% to a day’s high of Rs 257.95 after reporting a multifold increase in PAT for the June quarter. The c
Indonesia has banned DuckDuckGo, a search engine known for its privacy features, over concerns about pornography and online gambling content. The comm
The U.S. Department of Justice initiated an investigation into Nvidia after competitors alleged it used its dominance in AI chip sales to pressure clo
Ola Electric, an Indian electric scooter manufacturer, set the price for the institutional portion of its initial public offering at 76 rupees per sha
Ola Electric's initial public offering opens on August 1, 2023, featuring a fresh equity sale of Rs 5,500 crore and an offer for sale of 8.4 crore sha
Snapchat's parent, Snap Inc., missed Q3 revenue expectations, causing an 18% drop in shares after-market. Competing with larger players like Meta and
Apple saw stronger-than-expected iPhone sales in the third quarter, driven by AI features. Although China sales declined by 6.5%, overall revenue grew
Apple achieved a new quarterly revenue record in India for the third quarter of 2024, bolstered by strong sales of iPhones and Mac computers. Despite
Amazon's online sales growth slowed in the second quarter as consumers sought cheaper options, causing shares to drop nearly 8%. Despite exceeding pro
Happy Friday! Karnataka tax authorities have rescinded the notice to Infosys alleging Rs 32,000 crore in unpaid IGST. This and more in today’s ETtec
All eyes are on the Olympic Games underway in Paris since last Friday. The IOC has called AI a ‘game changer in sport’. How is AI being used at th
After twelve consecutive quarters of growth, the cumulative workforce of five leading pure-play ER&D companies fell to 77,560 by June, highlighting th
Infosys is considering contesting a Rs 32,403 crore notice for unpaid Integrated Goods and Services Tax (IGST) under the reverse charge mechanism. The
The Justice Department, 19 states and Washington, D.C., accuse Apple of an illegal monopoly on smartphones maintained by imposing contractual restrict
Food delivery giant Zomato reported multifold year-on-year (YoY) growth in its consolidated net profit while revenue soared for the June quarter. Zoma
The IT services giant received the notices on July 31, pertaining to services it received from its overseas branches in various foreign countries. The
C-Edge Technologies is in the advanced stage of hiring a forensic auditor to look into the matter, said people familiar with the development. After th
