Coforge shares jump 3% after IT major launches private equity unitCoforge shares climbed on Thursdat after the IT services company launched a dedicated Private Equity business unit to help funds drive oper...
20 Aug, 2026, 12.26 PM IST
Siguler Guff raises $500 mn for India mid-market private equity strategySiguler Guff has secured $500 million for India's mid-market businesses. The capital will fund founder and family-owned companies in key se...
19 Aug, 2026, 06.13 PM IST
Cash-rich IT firms turn to debt for acquisitions, buybacksIndian technology firms are increasingly leveraging borrowed funds for acquisitions and share buybacks to elevate revenues and align with i...
19 Aug, 2026, 06.00 AM IST
China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...
18 Aug, 2026, 04.39 PM IST
Sonata Software appoints Hariprasad Rebala as chief AI officerSonata Software has appointed Hariprasad Rebala as its new chief AI officer. Rebala joins from Gnani.ai, bringing extensive AI and IT servi...
18 Aug, 2026, 02.45 PM IST
Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
17 Aug, 2026, 01.01 PM IST
Accenture CEO Julie Sweet has a vacation request for employees: Staff can skip using leave in August & carry it forward as company wants strong Q4 finishAccenture CEO Julie Sweet is urging employees to boost the company's fourth quarter performance. A temporary vacation policy change allows ...
17 Aug, 2026, 12.29 PM IST
SIDBI backing is a ‘huge stamp of credibility’ for Cedar Hill Capital: Sahil AnandSIDBI’s backing of Cedar Hill Capital’s fund marks a strong vote of confidence in its strategy of investing in AI-first enterprise FinTech,...
17 Aug, 2026, 12.17 PM IST
Presenting the jury for The Economic Times Startup Awards 2026Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026.
17 Aug, 2026, 11.27 AM IST
Stripe clinches over $7 billion deal to buy AI firm OpenRouterThe deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find th...
17 Aug, 2026, 08.22 AM IST
As country's AI talent gap grows, investors step in to help companies hireA notable shortage of skilled talent in artificial intelligence roles is challenging Indian companies. The need for qualified AI engineers ...
16 Aug, 2026, 12.29 AM IST
Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...
15 Aug, 2026, 12.37 AM IST
India less exposed to AI job risks than others, Goldman saysIndia's large workforce performing physical tasks faces minimal AI job losses. Services sector roles may see some substitution risks, impac...
14 Aug, 2026, 03.51 PM IST
Mutual funds raise IT exposure to 6.6% in July after record low. Is sentiment towards tech improving?In July, mutual funds increased their allocation to the IT sector to 6.6 per cent, marking a positive shift after an extended period of min...
14 Aug, 2026, 12.07 PM IST
Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
12 Aug, 2026, 05.57 PM IST
AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth enginesAvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% t...
12 Aug, 2026, 09.54 AM IST
Coforge launches private equity business unit for private equity sectorPowered by Coforge Nuuron, its AI operating system and enterprise autonomy platform, Coforge’s PE business unit aims to combine technology,...
12 Aug, 2026, 06.00 AM IST