L&T wing secures $75 million deal for EI services from international entityL&T Technology Services secured a significant engineering intelligence contract. This agreement with an unnamed global technology enterpris...
Charles Schwab planning to scale India tech centre workforce to 2,000 by 2027Charles Schwab plans to significantly expand its India tech center workforce, aiming to reach approximately two thousand employees by the e...
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...
Sebi bars merchant banker Corporate Capital Ventures from new assignments for one monthSebi has barred merchant banker Corporate Capital Ventures from taking new assignments for one month due to multiple compliance lapses, inc...
US Stock Market: Citadel Securities warns SEC rule change could hurt retail investors, market liquidityCitadel Securities has urged the SEC to reconsider its proposal to eliminate the order protection rule, warning it could weaken market liqu...
Indian Embassy seeks urgent legal assistance for citizens facing challenges in MongoliaThe Embassy of India in Ulaanbaatar has invited lawyers and law firms to join its panel to provide legal assistance to Indian citizens in M...
Zepto IPO: Raamdeo Agrawal says it was premature for the quick-commerce firm to tap public market. Here’s whyMarket veteran Raamdeo Agrawal has called Zepto’s IPO plans premature after the quick-commerce firm deferred its proposed listing amid valu...
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...
IT seeks 'minimum viability' shield as cyberattacks surgeThe move follows a series of security incidents and legal disputes in the technology sector. Last week, TCS and HCLTech separately informed...
Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI betsThe letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...
Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources sayIn July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...
AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...
Two Trades for Today: A top realty firm for a rise of 5.4%, a mid-cap IT stock for a gain of almost 7.5%Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
New-age firms' listing gains fade fast; IT deal renewal in focusHappy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analysis shows. This and more in today’s...
Clients may hit refresh on $13 billion IT deals by DecemberSome deals expected to be up for renewal are banking giant HSBC’s ERP implementation and modernisation contract with Accenture and Capgemin...
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,...
IT midcaps lead outcome-based pricing pivot as AI adoption growsMid-sized IT players monetise automated workflows while tier-1 giants battle inertia