Economic Times
FirstCry’s IPO size will be the same, as per the IPO papers. It intends to raise $218 million (about Rs 1,815 crore) in primary funding through issu
Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud and artificial intelligence, including by building d
Layoffs at Google's Flutter, Dart and Python teams come weeks after the tech giant terminated staff from its real estate and finance teams as well. Go
The South Korean semiconductor and smartphone giant said its operating profit for the Jan-March quarter came in at 6.6 trillion won ($4.8 billion), up
Happy Tuesday! Regulatory actions have crippled Paytm Payments Bank's mobile wallet business. This and more in today’s ETtech Morning Dispatch.
Wipro's new CEO, Srinivas Pallia, to receive $7 million annual compensation for two years. Thierry Delaporte to be paid $4.33 million in cash. Pallia'
Will back, build and buy out companies in India; focus is on investing in a small cohort of startups and own large stakes in them, says Arjun Sethi, c
BluSmart aims for Rs 800 crore FY25 revenue, with BP Ventures support. Competing with Rapido, Namma Yatri, targeting Ebitda profitability by 2026. Fou
Draft Digital Competition Bill proposes ex-ante regulations similar to the EU's DMA, impacting user experience and innovation. Concerns over potential
Deal momentum slowed in 2023-24 despite record deals as clients favor new over old deals. Vendor consolidation and slower decision-making ensued, impa
Regulatory actions cripple Paytm Payments Bank's mobile wallet business, leading to a significant decline in transactions and value. Competitors like
Axel Springer partners with Microsoft Azure for AI migration, expanding with AI chat experience. Monetizes through Microsoft Advertising. Brands like
Birlasoft's Q4 saw a net profit of Rs 180 crore, 11.8% QoQ growth. Revenue stood at Rs 1,363 crore, up 1.5%. Operating margin ended at 14.7%. The firm
AI firm Blaize secures $106M funding from multiple investors. No valuation disclosed. Interest in AI sector grows post OpenAI's ChatGPT launch. Blaize
Just three months after joining the ride-hailing firm, Ola Cabs CEO Hemant Bakshi has called it quits. Details on this and more in today’s ETtech To
Investcorp is active in the mid-market private equity space in India and has invested across the consumer tech, healthcare, financial services, retail
KPIT Technologies shows robust financial performance with significant revenue and profit growth. The company focuses on consistent growth, expanding i
Ola Cabs' CEO Bakshi leaves. This comes as the firm is preparing to file draft listing papers in the next three months.
EU regulators may investigate Meta Platforms for insufficient content moderation against disinformation, especially from Russia. Concerns include poli
Apple's iPad operating system is labeled a gatekeeper by EU antitrust regulators under the Digital Markets Act. The ecosystem locks in both business a
