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Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share saleZepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale...- Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...
- ETtech Explainer: What does Blinkit’s growth moderation mean for rivals?The platform recently reported its second straight quarter of positive adjusted Ebitda (earnings before interest, taxes, depreciation and a...
- From FAANG to BATMMAAN: the new acronym driving global tech investing, says Niteen DongareGlobal investors are shifting focus from FAANG and Magnificent 7 to broader innovation, embracing the BATMMAAN acronym for AI, semiconducto...
- Zepto trims cash burn before IPO, pitches profitability by FY29 to public market investorsQuick commerce firm Zepto is engaging institutional investors for its planned June-July IPO, aiming to raise capital amid intensifying comp...
- As Trump throws lifeline to coal plants, critics warn of higher costs and health risksUnder the Trump administration, coal power is making a comeback, as plans to phase out coal plants are being scrapped. This change is desig...
- How the math works on a $1.75 trillion SpaceX valuationSpaceX would immediately become the sixth most-valuable publicly listed US firm, worth more than the likes of Meta Platforms, which has bee...
- How the math works on a $1.75 trillion SpaceX valuationSpaceX is targeting a $1.75 trillion valuation for its upcoming IPO, aiming to raise over $75 billion. This valuation is driven by its prof...
- Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 billion tax evasionMilan prosecutors are pushing for a trial against Amazon's European arm and four executives. This follows allegations of tax evasion amount...
- Amazon 'applauds' Canada's scrapping of tech taxAmazon said Tuesday it "applauds" Canada's decision to scrap its digital services tax in order to salvage trade talks with the United State...
- AWS cloud payments not taxable as royalty or technical fees: Delhi HCThe Delhi High Court ruled that payments received by Amazon Web Services from Indian entities for cloud computing services are not taxable ...
- Smbhav ’23: D2C brands can now use Amazon’s logistics for deliveriesAmazon announced the multi-channel fulfillment (MCF) service on Thursday, at the fourth edition of Amazon Smbhav in Delhi.
- Amazon should not pay $268 million in Luxembourg back taxes: EU court advisorThe European Commission in its 2017 decision said Amazon paid no taxes on almost three-quarters of its profits from EU operations due to a ...
- Amazon slams $265 million tax order as it seeks to get EU appeal thrown outThe European Commission in its 2017 decision said a Luxembourg tax arrangement allowing Amazon to channel profits to a holding company tax-...
- Amazon wins $303 million tax case in European UnionEurope's second-top court has annulled an EU order to Amazon to pay about €250 million in back taxes to Luxembourg, part of an EU crackdown...
- Will urge FM to probe alleged avoidance of GST by Amazon, Flipkart: CAIT"Amazon and Flipkart have caused huge GST and income tax revenue loss to the government and CAIT will soon meet the finance minister and ur...
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