Economic Times

“We are at least two years from an IPO... Before that we want other parts of our business to break even and be profitable on all fronts. Our (online
Science & Technology - 9 months ago
The EGM has been called by a group of investors who are seeking to remove founder Byju Raveendran, his wife and brother from the board. The investors
Science & Technology - 9 months ago
The company expects adjusted core earnings between $570 million and $590 million for the three months ended March 31, compared with analysts' average
Science & Technology - 9 months ago
FTX invested $500 million in Anthropic in 2021, and currently holds a 7.84% stake in the company, according to court documents. The company had sought
Science & Technology - 9 months ago
The board said, in addition to the 130 million people using Threads, Meta will also be able to refer cases about content on the social media platform.
Science & Technology - 9 months ago
That Japan turned to TSMC for help on an industry it once dominated reflects the Taiwan chipmaker's dominant position in the foundry business and Toky
Science & Technology - 9 months ago
The initial public offering (IPO) filing comes almost two decades after Reddit's launch and will be a major test for the platform that still lags the
Science & Technology - 9 months ago
The investors have red-flagged the acquisition of Aakash Educational Services Ltd (AESL) saying Byju's agreed to “onerous” and “prejudicial” l
Science & Technology - 9 months ago
The National Commission for Protection of Child Rights has raised concerns with the ministry of electronics and information technology regarding the l
Science & Technology - 9 months ago
The Ravi Adusumalli-led fund’s 15% stake in One 97, which was valued at about Rs 6,100 crore when the post-IPO lock-in expired in November 2022, had
Science & Technology - 9 months ago
Investors demand ouster of Byju Raveendran and family, accuse management of non-compliance, misinformation, and withholding information. They seek det
Science & Technology - 9 months ago
On Monday, the cabinet amended the FDI rules for the space sector, allowing 74% FDI under the automatic route for satellite manufacturing/operations a
Science & Technology - 9 months ago
India and US should prevent China and its allies from forming a ‘splinter net’, US Federal Communications Commission (FCC) commissioner Brendan Ca
Science & Technology - 9 months ago
Despite regulatory challenges imposing higher governance costs, procedural delays and hurdles in establishing partnerships with banks for fintech firm
Science & Technology - 9 months ago
While disbursal of consumer loans through a digital interface has become common, farmers and people who run small businesses still need to queue up at
Science & Technology - 9 months ago
Google said Gemini will improve a product called Performance Max, which automatically finds the best placements for a brand's ads across Google servic
Science & Technology - 9 months ago
Yulu Bikes, a shared mobility services provider, has secured $19.25 million in funding from existing investors Magna and Bajaj Auto, with whom it has
Science & Technology - 9 months ago
Byju’s in a statement said, “This EGM is procedurally invalid, contractually in contravention of our AOA (article of association) and SHA (shareho
Science & Technology - 9 months ago
Nexus Venture Partners leads a $25 million funding round in Orkes, a DevOps startup focused on orchestration. United Wholesale Mortgage, Foxtel, and C
Science & Technology - 9 months ago
ASIP and APACT have partnered to establish a hi-tech semiconductor assembling and testing facility in Hyderabad, aiming to contribute to India's semic
Science & Technology - 9 months ago

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