Economic Times
Vedanta acquired AvanStrate for its glass substrates used in TFT LCD panels for various applications. This move enhances Vedanta's position in India's
Insurtech startup Digit is eyeing a discounted $3 billion valuation through its proposed public offering. Details on this and more in today’s ETtech
Cognizant updated its logo on social media to 'Innovate', removed it from the India website, and faced a logo trademark dispute with Atyati Technologi
Vinay Firake appointed CEO APMEA at Wipro, succeeding Anis Chenchah. Srini Pallia leads. Delaporte resigned, Hari Shetty elevated. Chenchah supports t
Google given a week to respond to appeals against CCI order by KukuFM & IBDF. Startups accuse Google of discriminatory fees. The tribunal will address
Bengaluru-based insurtech start-up Go Digit General Insurance on Friday announced that its Rs 2,615 crore IPO, which will open on May 15 and close on
OpenAI to introduce AI search tool challenging Google. ChatGPT integrated with Microsoft's Bing to extract web info with citations. OpenAI's announcem
SoftBank is shifting focus to AI and semiconductors, while its Vision Fund is selling stakes or writing down billions of dollars worth of its publicly
Happy Thursday! Fintech startup Groww has completed the process of domiciling itself to India from the US. This and more in today’s ETtech Morning D
Indian studios attract investors for midcore and hardcore games like BGMI and FreeFire. Despite talent shortage, studios like Mayhem and LightFury sec
Indian IT sector witnesses a surge in acquisitions by firms of all sizes, driven by the need to pivot to new technologies and business models. Smaller
Zeta, led by Bhavin Turakhia, aims for $1 trillion UPI credit disbursals by 2030. The fintech startup launches a new tech stack for UPI transactions,
Freshworks' stock decline attributed to AI impact concerns. Mathrubootham plans to release AI adoption stats later. Woodside appointed new CEO, Device
20% of gen AI PoCs in India were in production in FY 2024. FY 2025 expects revenue growth, AI agent bots deployment in customer service, sales, underw
Truecaller's Q1 performance was boosted by IPL promotions, leading to a 5% increase in global ad revenue. The company saw growth in MAU and introduced
Data collaboration software startup Atlan has raised $105 million at nearly double the valuation since its last round. Details on this and more in tod
Uber projects lower second-quarter gross bookings due to ride-share and food delivery challenges, exceeding core profit expectations. Lyft excels in i
Biden admin plans to regulate AI models export to China. Commerce Dept may use computing power threshold. Concerns about AI's role in bioweapons, cybe
Myelin Foundry secured $4 million with participation from existing investors. The funds will fuel platform development, global expansion, and solidify
FTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focused hedge fu
