BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...
16 Jun, 2026, 08.50 PM IST
Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
15 Jun, 2026, 10.55 AM IST
Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
15 Jun, 2026, 10.42 AM IST
Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
09 Jun, 2026, 10.26 AM IST
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
08 Jun, 2026, 09.53 PM IST
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
08 Jun, 2026, 09.39 AM IST
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
04 Jun, 2026, 09.30 AM IST
China expands travel curbs to top AI talent at private firmsChina is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology...
27 May, 2026, 10.25 AM IST
Elevation Capital sells Rs 964 crore Paytm Shares via block dealsOver the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sel...
24 May, 2026, 10.15 AM IST
Elevation Capital offloads around Rs 964 crore worth of shares in PaytmElevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early invest...
23 May, 2026, 03.37 PM IST
Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
14 May, 2026, 06.40 AM IST
Is Thailand-based OBON Corp really 'Company-1', and were Nvidia chips sent to Alibaba? US probe tracks alleged AI server smuggling routeIs Thailand-based OBON Corp really 'Company-1', and were Nvidia chips sent to Alibaba? A new report says the US suspects AI servers with ...
08 May, 2026, 02.12 PM IST
US suspects Nvidia chips smuggled to Alibaba via Thailand: Bloomberg NewsA Thai company, OBON Corp, is under suspicion for allegedly smuggling billions of dollars worth of Super Micro Computer servers. These serv...
08 May, 2026, 12.50 PM IST
After AI, China unicorns are eyeing global domination in robotic humanoidsLinkerbot currently holds over 80 per cent of the global market share in high-degree-of-freedom (DoF) robotic hands.
04 May, 2026, 07.01 AM IST
Softbank Group to report $2.7 billion gain after Alibaba shares saleThis follows the sales of Alibaba Group Holdings shares to Softbank's wholly owned subsidiary Shiodome Project 17 GK.
30 Mar, 2023, 01.05 PM IST
Alibaba freezes executive pay rise amid China's big tech crackdown: Sources"Talent is Alibaba Group's most important asset. We have a robust and competitive compensation system that reflects our priorities in culti...
30 Apr, 2021, 12.43 PM IST
3-year experiment helps Alibaba reinvent factoriesAfter helping more than a million brick-and-mortar Chinese retailers modernise their operations, Alibaba Group Holding has now set its sigh...
02 Nov, 2020, 08.29 AM IST