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AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
By 2024, over 550,000 Germans had hung solar panels from their balcony railings and plugged them into wall sockets, turning apartments into mini power plants; within a year, installations surged to 1 million as the simple, roughly €500 technology spread among rentersGermany's innovative balcony solar systems provide a hassle-free solution for renters looking to harness solar energy. Designed for easy se...
Rentomojo IPO may unlock 152x gain for Nazara Tech founder Nitish MittersainRentomojo, the furniture and appliance rental company, is gearing up for a significant IPO, poised to raise over one thousand crore rupees....
Samsung India pays the price of costlier chips with a round of layoffsSamsung India is cutting its workforce in batches. This action stems from pressure on smartphone sales and profit margins. Memory chip pric...
In 2016, NBA star Dwight Howard bought his sprawling Georgia mansion for $8.8 million; now, the eight-time All-Star has relisted the estate for $14.5 million, raising the asking price by $3.25 million from last year as he looks to cash in on the luxury propertyDwight Howard has relisted his Georgia estate for $14.5 million. This price is significantly higher than his initial listing last year. The...
Ecommerce festive sales set to rise almost 30%, quick commerce to gain share: AnalystsOnline festive shopping is expected to reach a new high this year, with ecommerce marketplaces and retailers seeing strong demand across ca...
Haier India revenue crosses $1 billion despite sluggish marketHaier India has achieved over one billion dollars in revenue, marking significant growth. The company's sales reached ₹9,974 crore in fisca...
Rentomojo set to go public at Rs 4,246 crore valuation, set to raise Rs 1,256 crore via IPOIn its ambitious IPO initiative, Rentomojo targets a valuation of ₹4,246 crore, while securing ₹150 crore in fresh funding. Additionally, e...
In 1945, Percy Spencer noticed something unusual while working on radar equipment: the candy bar in his pocket had melted. The engineer began experimenting with popcorn and an egg, eventually setting him on the path to developing the microwave oven.In 1945, Percy Spencer made a casual observation that led to a major change in food preparation. Standing next to a magnetron one day, he n...
Stock picks of the week: 6 stocks with consistent score improvement and an upside potential of up to 17%You might ask: Why does it matter to India? In actual fact, it matters not only to India, but to the whole world. Yes, we are talking of an...
Rentomojo to go public at Rs 4,246 crore valuation; up 5x from last private roundThrough its public offering, Rentomojo is raising Rs 150 crore in fresh capital, while investors including Accel, Chiratae Ventures and Val...
Havells brings agentic AI voice control to 2.67 million mobile app usersHavells introduced an AI voice feature for its mobile app. This new system allows users to control connected appliances using natural speec...
Xiaomi India steps up appliance push, next large category still under wrapsInitially focusing on air purifiers, Xiaomi India is planning to launch more products in India this August to mid-September as it builds a ...
Philips S7221 5G launched in India: Check price, specifications, colours, camera, battery and key featuresPhilips marks its entry into the Indian smartphone realm with the launch of the S7221 5G. This feature-packed device includes a smooth 120H...
ET Product of the Year Awards 2026: Where consumer products meet real-world relevanceThe Economic Times Product of the Year Awards 2026 are evolving their focus from mere launch promises to tangible post-market success. This...
Modi govt giving people high-voltage inflation shock, misleading via statistical jugglery: CongressCongress party has strongly criticised the Modi government, alleging that rising prices are putting pressure on ordinary citizens while acc...
In 1896, American electrical engineer laid the foundation for modern electric cooking appliances with the invention of revolutionary electric stoveIn 1896, American electrical engineer William S. Hadaway Jr. received the first U.S. patent for an electric stove. His design used resistan...
Social media influencers don entrepreneurial hat; launch VC-backed consumer brandsThe rise of social media influencers has given birth to a new wave of consumer brands, garnering tremendous venture capital interest.
Houston lawyer buys $15.5 million, 15,000-sq-ft mansion just to demolish it; plans to donate $4 million worth of luxury materials & turn the land into a garden; here’s whyIn River Oaks, Houston lawyer Tony Buzbee has purchased a mansion to expand his existing property. He has partnered with Habitat for Humani...
Andreessen Horowitz raises $1.1 billion for AI infrastructure fundThe “Machine Age Fund” will invest in AI computer infrastructure such as chips, memory, networking and storage, the firm said in a blog pos...