Economic Times
At present, Lenovo manufactures desktops and PCs locally, alongside all Motorola smartphones sold in India. The company has around 1,700 employees in
The Mumbai-headquartered IT giant highlighted the benefits of the upgrade such as increased efficiency and optimised operating costs, digital transfor
Kaleidofin has secured $13.8 million in equity funding led by Rabo Partnerships, with participation from existing investors. The funds will help expan
Founded in 2023, AltiusHub is a supply chain visibility software designed to help manufacturing companies safeguard their supply chains. Initially foc
DailyObjects, a D2C design and lifestyle brand, has raised $10 million in a funding round led by 360 One Asset. The funds will be used for expanding d
The European Union's General Court said it was throwing out the 2019 penalty imposed by the European Commission, which is the 27-nation bloc's top ant
The declaration, signed by the government, business associations, the KfW state bank and actors from the startup environment, includes measures to imp
The U.S. technology company first obtained permits in 2020 to construct the vast project in Chile's capital, Santiago, as demand for the server farms
Finnish Prime Minister Petteri Orpo said Virkkunen's nomination as the executive vice-president for tech sovereignty, security and democracy was perfe
Cisco is planning to lay off around 7% of its workforce, marking its second major layoff this year. The company is facing declining demand and high co
Democratic U.S. President Joe Biden's administration has pressed lawmakers for AI regulation, but a polarized U.S. Congress, where Republicans control
Salesforce CEO Marc Benioff highlighted India's growing significance, calling it an 'Indian era' at the Dreamforce event. The company has over 11,000
Elon Musk's Neuralink has received the FDA's breakthrough device designation for its experimental brain-chip implant, Blindsight, aimed at restoring v
Meta Platforms Inc is set to face a significant fine from the EU over allegations of trying to dominate the classified advertising market. The EU clai
Samir Kumar, an Amazon veteran, will replace Manish Tiwary as the country manager for India starting October 1. Kumar, who has been with Amazon since
BlackRock and Microsoft are set to launch a $30 billion fund to invest in AI infrastructure, including data centers and energy projects. The Global AI
Home decor startup Livspace is preparing to move its domicile back to India from Singapore. More on this and other updates in today’s ETtech Morning
Mayank Bidawatka, cofounder of the now-defunct Koo, is launching a new venture called Billion Hearts Software Technologies. The startup aims to create
Union minister Amit Shah was speaking to reporters to mark the completion of 100 days of the third term of the Narendra Modi-led government. He lauded
Santosh Kumar, TI India MD, was speaking to ET on the sidelines of the recently concluded Semicon 2024 event in Greater Noida. The company is focusing
