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AI MERGERS AND ACQUISITIONS
Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...- Wipro CEO Pallia takes home Rs 49.6 crore in FY26Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The ...
- KNAV secures follow-on investment from Nikhil Kamath’s NKSquaredGlobal accounting firm KNAV has secured follow-on investment from NKSquared, the investment firm of Nikhil Kamath. This funding will fuel i...
- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
- Google DeepMind hires staff from Contextual AI in licensing deal, source saysGoogle DeepMind is reportedly acquiring over 20 researchers and licensing technology from AI startup Contextual AI for $80 million to $90 m...
- Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
- AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- Artificial Intelligence: Why it’s a productive, not destructive, force for capital marketsArtificial intelligence is rapidly transforming capital markets by automating trading, research and portfolio management functions once han...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- Local legal eagles answer the 130-billion-dollar questionsIndian law firms are busier than ever, advising on thousands of deals worth billions. This activity spans mergers, private equity, and vent...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Yotta Data said to hire advisors for $900 million India IPOYotta Data Services is planning a Mumbai IPO to raise up to $900 million, with a potential $300 million pre-IPO round. Backed by rising AI-...
- Tech Mahindra to buy 85% in Canada’s Avant Techno SolutionsTech Mahindra is acquiring an 85% stake in Canadian wealth management firm Avant Techno Solutions for CAD 28 million. This strategic move a...
- AI chipmaker Forge Nano to list via $1.6 billion SPAC dealForge Nano, a US-based semiconductor equipment and advanced materials company, plans to go public through a $1.6 billion blank-check deal w...
- Mega deals less likely, but media M&A show to stay strong in 2026Media and entertainment deals will remain strong in 2026. Transactions will focus on content, gaming, sports, and AI companies with intelle...
- Goldman Sachs posts higher profit on strength in dealmaking, equities tradingGoldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities t...
- Cashfree Payments appoints former Visa executive Sameer Gandhi as CFOCashfree Payments has appointed Sameer Gandhi as its new Chief Financial Officer, bringing over two decades of experience from global finan...
- xAI CFO Anthony Armstrong leaves the company: ReportAnthony Armstrong, xAI's Chief Financial Officer, has left the company. This departure is part of a larger trend of senior staff exits. Arm...
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