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Early Anthropic backer Menlo lands $3 billion in its largest-ever haulMenlo is set to announce that it’s raised $3 billion for a set of funds dedicated to backing AI startups, marking the venture firm’s larges...- Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
- Mumbai's HR College graduate earned just Rs 15 lakh from his first film, worked as ad copywriter before acting. Now, he is India's highest-paid actor, ahead of SRK, Allu Arjun and RajinikanthRanveer Singh has reportedly become India's highest-paid actor, surpassing industry giants like Shah Rukh Khan and Rajinikanth. This remark...
- AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
- Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...
- P&G India flags pressure on consumer demand, input costsProcter and Gamble India sees rising costs and softening urban demand, with company executives saying inflation will impact consumer spendi...
- Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes foreverIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...
- Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
- US stocks: SpaceX to make historic listing on Nasdaq on Friday that could make Elon Musk a trillionaireSpaceX is set to make history with the largest IPO ever on the Nasdaq, pricing shares at $135 each for a valuation nearing $1.8 trillion. T...
- A mariner put 10% of her paycheck into SpaceX for 2 years, and as it goes public, she is not telling her net worthMaryellyn Musselman, a former SpaceX mariner, is holding onto her company shares ahead of its highly anticipated IPO. She invested 10% of h...
- Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
- SpaceX IPO: rockets, AI losses and Musk in controlSpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars. The sky-high valuation for SpaceX...
- Parimatch probe takes ED to Zepto's doorstepThe Enforcement Directorate is investigating offshore betting platform Parimatch. The agency has questioned quick commerce app Zepto regard...
- SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...
- Circulate Capital commits $150 million to India to invest in recycling companiesCirculate Capital has committed $150 million from its second fund to Indian recycling companies, building on initial successes. The firm, b...
- Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
- Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
- US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pausesUS stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Bank...
- SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...
- Marico forays into hair cleansing segment with its Parachute Advansed brandMarico has launched Parachute Advansed Protein Shampoo, marking its entry into the Rs 10,000-crore hair cleansing market. This strategic mo...
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