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GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discountThe government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today a...- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
- Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
- Govt to sell up to 5% stake in insurer GIC via OFSThe Indian government is set to divest up to a 5% stake in General Insurance Corporation. This offer for sale begins for non-retail investo...
- US-based cybersecurity firm N-able opens Global Capability Centre in BengaluruUS cybersecurity firm N-able has launched a Global Capability Centre in Bengaluru, bolstering its commitment to helping businesses combat e...
- US Supreme Court rejects TCS appeal in $168 million trade secrets caseThe U.S. Supreme Court has refused to hear Tata Consultancy Services' appeal. This upholds a $168 million award against Tata. DXC Technolog...
- France, UK seek Hormuz deployment if U.S.-Iran ceasefire takes holdFrance and Britain are proposing a multinational naval mission for the Strait of Hormuz. This plan aims to secure shipping routes should a ...
- DLF sells The Dahlias apartment to Madhusudan Kela for Rs 121 croreDLF has sold a luxury apartment in The Dahlias for Rs 120.71 crore. This transaction sets a new benchmark for Gurgaon's real estate market....
- Agentic AI adoption drives stronger governance oversight, risk controlsIndia first: Firms prioritise domestic industry guidelines over global frameworks, remain confident on DPDP
- The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
- Vedanta Resources plans to relist; US likely; eyeing $100 billionAnil Agarwal plans to relist Vedanta Resources, potentially in the US. The group intends to invest $100 billion in India's metals and miner...
- Dream vacation turns into nightmare: Traveller spends days in coma, then slapped with $147,000 medical bill after more than a yearAn Ontario man's dream Mexico vacation became a $147,000 medical nightmare after a severe illness, seizures, and coma. His travel insurance...
- Physical security startup Coram AI raises $35 million co-led by Ansa Capital, Battery VenturesThe San Francisco-based company was cofounded by Ashesh Jain, formerly head of autonomy at Lyft's self-driving division, and Peter Ondruska...
- Emirates says it will get stranded passengers home, even on rival airlinesEmirates is introducing a new travel insurance product guaranteeing passengers can return home, even on rival airlines, to alleviate concer...
- Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...
- India-based entities among firms targeted in EU's proposed 21st Russia sanctions packageThe European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims...
- ‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
- Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
- Foreign law firms pick up the India case amid uncertaintiesForeign law firms are establishing dedicated India desks across Asia, the Middle East, and Europe as a strategic response to ongoing uncert...
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