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AI MERGER
Cohere, Aleph Alpha combine to target enterprise AI marketThe combined business will operate as Cohere, with dual headquarters in Toronto and Berlin, while Aleph Alpha's Heidelberg office will focu...- Global Market: Euronext, Deutsche Boerse shares rise on renewed merger talksEuronext and Deutsche Boerse shares rose around 2% after Euronext CEO Stephane Boujnah said a potential combination could make strategic se...
- US bond yields near 5%: What it could mean for stocks, corporate borrowing and the economyUS 10-year Treasury yields are nearing the 5% mark, raising concerns over the impact of higher borrowing costs on stocks, corporate financi...
- Indian origin tech entrepreneur to launch luxury travel concierge platform VaultfyVatsal Desai is excited to introduce Vaultfy, an innovative luxury travel concierge platform, set to launch on September 17. This app will ...
- AI may accelerate anti-competitive practices in digital markets: CCI chiefCompetition Commission of India chairperson Ravneet Kaur warned about artificial intelligence risks. AI adoption could accelerate anti-comp...
- Sugar’s valuation slump; Slice takes a hitHappy Friday! A91 Partners is backing Sugar Cosmetics in a round that will see the beauty brand’s valuation fall sharply. This and more in ...
- Slice’s big valuation cut; Betting networks under lensSlice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5.
- Layoffs at Uber; Astrobase eyes fresh fundraiseUber will cut thousands of jobs in a restructuring move. This and more in today’s ETtech Top 5.
- Happiest Minds shares fall for 5th day as merger concerns weighThe stock of Happiest Minds Technologies has experienced a significant downturn due to uncertainty related to the ITC Infotech integration....
- Uber may lay off 200-250 employees in India as part of global restructuringGlobally, Uber is eliminating around 3,300 roles, or about 10% of its workforce, as part of a restructuring aimed at reducing management la...
- Happiest Minds-ITC Infotech merger driven by AI revenue pressure: ExpertsSeveral analysts said the deal price signalled stagnant revenue growth as a key reason for the union, which provides a backdoor listing for...
- UpGrad completes Unacademy acquisition; Ultrahuman’s $60 million raiseUpGrad has completed its acquisition of Unacademy, marking the close of a major consolidation in India’s edtech sector. This and more in to...
- Happiest Minds stake sale: At 82, Ashok Soota’s next act is a ₹1,330 cr healthcare pushAshok Soota is selling a significant stake in Happiest Minds Technologies for Rs 1,330 crore. These funds will support his medical research...
- Happiest Minds rules out job cuts after merger with ITC InfotechAddressing a press conference after the merger announcement, top executives of the Bengaluru-based firm said that the ITC leadership has sp...
- ITC shares rise 5%; Happiest Minds falls 8% after FMCG major acquires IT firm. What shareholders must knowITC shares rose, while Happiest Minds fell, after ITC Infotech announced plans to acquire and merge with the Bengaluru-based IT services fi...
- Advertising giant WPP set to axe 1,000 more jobs as AI reshapes the industryBritish advertising group WPP plans to cut up to one thousand more jobs this year. This latest round adds to over eleven thousand job losse...
- Australia's WiseTech Global appoints Jeff Howard as finance bossAustralian logistics software provider WiseTech Global said on Tuesday it has appointed Jeff Howard as its chief financial officer, effec...
- ITC Infotech to merge with Happiest Minds, buy 22% promoter stake for Rs 1,330 croreITC Infotech will merge with Happiest Minds Technologies creating a significant IT services entity. This merger aims to establish an AI-fir...
- ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to mergeET had first reported on March 20 about ITC Infotech potentially looking to pick a stake in Happiest Minds. On August 29, ET reported detai...
- From N Chandrasekaran to Campbell Wilson: A look at some of India Inc’s biggest names who are walking out in 2026India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives are departing from major companies...
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