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NEW ATLANTIC VENTURES
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- QatarEnergy extends force majeure to mid-August, Italian Edison looks to US for replacementsQatarEnergy has prolonged its force majeure on LNG shipments to Italian utility Edison. This impacts supply and Edison's financial performa...
- Meet "Thor": Denmark's upcoming wind giant in the sea with 72 turbines to power a million homesDenmark is building Thor, its largest offshore wind farm. This project will power over a million homes with clean energy. The United States...
- OpenAI creates new unit with $4 billion investment to aid corporate AI pushOpenAI is launching a new venture with over four billion dollars. This new company will help businesses build and use artificial intelligen...
- Jio IPO set to be fully fresh funding; no OFSReliance Industries is shifting Jio Platforms' IPO from an offer for sale to a fresh issue due to investor disagreements on pricing. This m...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....
- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- Quote of the day by Amelia Earhart: ‘Use your fear... it can take you to the place where you…’ Timeless message on courage and possibility by the aviator whose plane vanished into thin air 90 years agoQuote of the day: In 1937, Earhart set out on what would become her most ambitious expedition, a flight around the world. Accompanied by na...
- Trump declares victory, no matter what, Iran war is the latest example of thatDonald Trump has a consistent strategy of declaring victory, even when facing defeats. This approach began in his real estate career and co...
- Virgin Atlantic to increase London-Bengaluru flights from June 1Virgin Atlantic is boosting its London to Bengaluru flight frequency. Services will increase from 11 to 13 weekly flights starting June 1. ...
- Investors may offload 252 million shares in Jio Platforms' IPOJio Platforms is preparing for a $4 billion IPO, offering a partial exit for its 14 global investors, including Meta and Google. The offer ...
- ETtech Deals Digest: Late-stage investments boost funding in Indian startups to $447 million this weekIndian startups secured a total of $447 million in funding this week across 20 rounds, according to data provided by market intelligence fi...
- ETtech Deals Digest: Startup funding plummets 90% in April versus last yearHere are the biggest startup fundraises for April.
- Gen Atlantic, Tencent put Rs 80cr more in Byju’s ownerGeneral Atlantic has pumped in Rs 33.28 cr for over 4,000 compulsorily convertible cumulative preference shares.
- Jet’s metal neutrality plans to help create networks, not necessarily capital flows: Kapil Kaul, CAPAIn Jet’s case it possibly could lead to an equity investments with Delta going forward
- HSIL plans setting up JV plant in India with French company Groupe AtlanticThe company expects to have a 12-14 per cent market share of the total water heater market in the country at the end of three years.
- HSIL forays into consumer products biz with Groupe AtlanticSanitaryware firm HSIL announced its foray into consumer products business with France's Groupe Atlantic by launching a range of water heat...
- Globallogic to hire 2,000 more employees by MarchSoftware services provider Globallogic plans to increase its staff headcount by 2,000 across centres in India, China and Argentina by March...
- Air France, Delta create trans-Atlantic flights JVAir France-KLM and Delta Air Lines Inc said on Wednesday they would pool revenues and costs on trans-Atlantic flights in a new joint ventur...
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