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Deepinder Goyal’s Temple eyes fresh funding; PE-VC exits shiftDeepinder Goyal’s Temple is raising funds and will soon begin shipping its wearable device. This and more in today’s ETtech Top 5.- Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- Stocks in news: Rajesh Exports, Lenskart, Suzlon Energy, Aurobindo Pharma, Tata MotorsIndian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced i...
- ET Explainer: Decoding the hype over building an AI brain smarter than humansWhile some, like OpenAI, are striving for Artificial General Intelligence (AGI), a new frontier in AI is generating debate: Artificial Supe...
- ShareChat fires another 15% staff; inside the rush for a payment aggregator licenceVernacular social media platform ShareChat on Wednesday executed another round of layoffs. This and more in today’s ETtech Top 5.
- Stocks in news: Titan, RIL, Puravankara, Bank of Baroda, BioconTitan Co has clocked 20% year-on-year growth in its revenues for the second quarter ended September 2023. A total of 81 stores were added i...
- Gautam Adani seals the largest deal in India's renewable sector with SB Energy buy for $3.5 billionWith this deal, SB Energy India is now a 100 per cent subsidiary of AGEL. Earlier, it was a 80:20 joint venture between Japan-based SoftBan...
- Brookfield pips NIIF to buy Mahindra SustenActis, the UK-based fund, is said to be another contender for Mahindra Susten’s assets. Advisory firm EY is running the sale mandate.
- MUFG gets Green Certification for $333mn SoftBank’s financingThe 900 megawatt-DC solar farm in the Phalodi-Pokhran Solar Park in the State of Rajasthan, India, is the seventh and largest project of it...
- MUFG achieves green certification for solar farm in IndiaThis marks the first green certification of a solar project loan for both the client and the country, and underscores both MUFG's sustainab...
- Softbank-backed SB Energy singed; pulls maiden $600 million bond after poor investor demandThis will also arguably be the 1st renewable bond deal out of India that could not get subscribed even though the portfolio consists of lar...
- SoftBank energy arm to raise $600 million via offshore bondsBonds will likely mature in five years, with the company using the proceeds for refinancing.
- Masayoshi Son’s real estate bet has some big problemsThe shortfall signals more trouble ahead for SoftBank and one of its most highly touted investments.
- SoftBank in talks to sell majority stake in India renewables JVIt is considering various options, ranging from an outright sale of its 70% stake to a majority stake sale.
- After WeWork, SoftBank’s startup accounting model under fire. Oyo raises eyebrowsThe Vision Fund put $250 million into Oyo in 2017 and led a $1 billion funding round last year, which pushed the Indian company’s valuation...
- After Market: YES Bank hits 52-week low; metal, realty packs fall bigAll sectoral indices ended the day in the red, with metal, realty & pharma being the biggest losers.
- Tata Power to hive off green energy business, may bring in PEsThe company will bring its 500MW of renewable energy assets including wind and solar under a new subsidiary called Tata Power Renewable Ene...
- Foxconn to set up venture fund and incubator in IndiaExecutives also said that they are looking to complement India's edge in information technology with the company's strengths in hardware ma...
- Meet the crack team of Japanese conglomerate SoftBankKey people in Bharti SoftBank are Atsushi Taira and Mike Kayamori, latter believed to have played a critical role in structuring Snapdeal i...
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