Economic Times
Homey operates 2,000 beds in Delhi and Bengaluru, emphasizing innovative PG accommodation for young adults. They collaborate with Iskcon Dwarka to pro
Byju's CEO covers March salaries with personal debt. Blocked rights issue, USD 200M raised earlier. Investors like Prosus, General Atlantic, Sofina in
API infrastructure company Setu, affiliated with merchant-focused digital payments firm Pine Labs, announced the appointment of Anand Raisinghani as i
Flipkart's quick commerce, led by Hemant Badri, to launch in July with dark stores setup. Potential deals with Zepto and Dunzo didn't progress. Swiggy
Huawei's Mate 60 Pro phone, powered by an inferior chip, showcases U.S. curb success on shipments. Commerce Secretary Raimondo highlights U.S. semicon
Honasa Consumer's The Derma Co achieved Rs 500 crore ARR, competing with Minimalist and Plum. Profitable in FY24 Q1-3, it surpassed Rs 350 crore in Ju
Australian PM Albanese criticizes X for defying cyber regulators on bishop stabbing posts, citing danger of misinformation. Court battle ensues over p
Salesforce ends Informatica acquisition talks over terms disagreement. Deal could've been significant. Informatica's stock price at $35.19. Salesforce
Happy Monday! The country’s central bank has asked payment companies to flag high-value suspicious transactions amid the ongoing general elections.
The central bank has also asked payment companies to monitor and report high-value merchant payments during ongoing general elections. In a letter dat
Mega Networks is one of two Indian firms chosen for the production-linked incentive (PLI) scheme 2.0 for IT hardware. Under this, the government gives
IT companies' cumulative wage cost rose by Rs 18,036 crore in the fiscal year. Experts said this was due to continuity in lateral hiring in high-deman
Dhruva Space founder and CEO Sanjay Nekkanti told ET the Hyderabad-based startup will use the capital infusion, of which Rs 44 crore was in debt, to s
Following the government's nudge for over seven months, Garena is finally moving its game server to India to be installed in Yotta Data Services' Navi
The House passed the legislation on Saturday by a margin of 360 to 58. It now moves to the Senate where it could be taken up for a vote in the coming
Google and Microsoft make strategic moves in AI development. Google faces criticism for Gemini AI inaccuracies, while Microsoft hires DeepMind co-foun
Apple removed Meta's WhatsApp and Threads in China following a government order, citing national security concerns. Despite disagreement, Apple compli
Lawmakers are tackling AI bias challenges with impact assessments, supported by industry groups like TechNet. Concerns exist over companies self-repor
Netflix topped earnings expectations Thursday, reporting that profit and subscriber ranks grew as its heavy bet on a rich content line-up paid off ami
Happy Friday! Ecommerce major Flipkart held talks with Zepto for a potential deal. More on that in today’s ETtech Morning Dispatch.
