India first, orbit next: Skyroot eyes $300 million dual valuation planSkyroot is in talks with Indian family offices to raise $150 million at a valuation of $2.3-2.5 billion, while the company is seeking to mo...
FMCG majors in race for big bite of snacks brand FarmleyMultiple FMCG companies are expressing interest in acquiring stakes in the healthy snacking brand Farmley. A group of early investors with ...
EY data breach puts spotlight on data security at Big Four as clients demand tighter controlsEY has reported a data breach that exposed sensitive client information and prompted regulatory notifications in multiple jurisdictions. Th...
The auditor is no longer alone. There’s another intelligence in the roomAuditors are increasingly adopting artificial intelligence to enhance the efficiency and accuracy of audits in India. These technological a...
India’s AI rules take shape; TCS profit jumps 15%The government is set to release a consultation paper on AI regulations within a month. This and more in today’s ETtech Top 5.
CoRover wins govt tender to build national unified AI assistant platformImplementation to begin within 4 months with DigiLocker, will scale to hundreds of central, state departments, CEO says.
KKR-owned Healthium, Temasek-backed Romsons in race to buy 70-80% stake in BL LifesciencesKKR-owned Healthium Medtech and Romsons Group are reportedly competing to acquire a significant stake in BL Lifesciences. The company is ex...
Audit rotation boom puts Big Four under sharper scrutinyIndia’s audit rotation cycle is prompting companies to scrutinise prospective auditors far beyond credentials, examining team stability, se...
Semiconductor push, govt support driving EMS sector's growth, but valuation remains a concern: How 3 stocks with most buy calls are placedInvestor enthusiasm around the sector is visible in the performance of nine EMS stocks covered by multiple brokerages. The group has delive...
Strong macro show takes shape in Q2 before festive rushIndia's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car...
Axis Bank wants to double its Rs 8,688 crore data centre exposureIndia's rising interest in artificial intelligence is prompting Axis Bank to expand its lending to data centres. With demand for large-scal...
IPO multibagger ESDS shares hit 5% lower circuit as Q1 net profit more than halves. Time to sell?Newly-listed ESDS Software Solution hit the 5% lower circuit at Rs 1,758 after Q1 FY27 net profit fell 57% sequentially to Rs 29.3 crore. D...
Can India build its own Big Four? The battle moves to the rulebookIndia is moving to reshape its accounting sector as ICAI prepares Chartered Accountants Act changes aimed at enabling larger domestic firms...
ICAI readies CA Act changes to build bigger accounting firmsThe Institute of Chartered Accountants of India will propose Act changes soon. These changes aim to help Indian firms compete globally. The...
Industry body ACFI seeks Rs 5,000-7,500 cr scheme to cut reliance on China for crop protection inputsThe Agro Chem Federation of India suggests a significant government support program. This initiative aims to boost the country's self-relia...
India’s mining, metals sector needs technology shift to strengthen supply chains: ReportIndia's mining and metals sector needs technology adoption for future competitiveness. Resource efficiency and supply chain resilience are ...
Family-run businesses to give way to professional management by 2035: KPMGFamily businesses will see a significant drop in direct family management by 2035. More companies are now turning to professional managers ...