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UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.- 26 trends for 2026: From AI to zero waste, the A–Z of what’s coming next yearGet ready for 2026. AI will become more autonomous and run on your devices. Beauty will blend with skincare. Cars will offer premium tech a...
- Meta to slash Metaverse budget by 30%; potential layoffs loom: ReportThis is in contrast to Meta's CTO and head of Reality Labs, Andrew Bosworth, who, in January, said that 2025 would be one of the most impor...
- Meta lays off employees in Reality Labs division: ReportWhile the exact number of layoffs is not yet known, these latest layoffs follow a broader round of job cuts in February, when Meta reduced ...
- Carlyle buys into Quest Global, invests $500 millionPrivate equity firm Carlyle Group will acquire a 28% stake in Quest Global Services, an engineering and R&D services provider, for $500m, a...
- Quest Global looks to grow presence in IndiaEngineering solutions company Quest Global is hiring across its global network, but especially so in India. The firm, which currently emplo...
- Delhivery net loss more than triples in Q1, Microsoft joins ONDCDelhivery, which went public in May, has reported a net loss of Rs 399 crore for the quarter ending June 30, more than tripling the Rs 130 ...
- Indian IT firms take M&A route to tap top talent, boost capabilitiesIT services companies are ramping up their M&A play, driven by a desire to add new capabilities and boost access to skilled talent. Analyst...
- QuEST Global sells minority stake to ChrysCapital, True North, others for $150 millionThe incoming investors have purchased a portion of the shares held by QuEST’s co-founders and management team, the company said, adding tha...
- QuEST Global to hire 3,000 people in India over next one yearThe jobs would primarily be in the software and digital engineering space as QuEST Global sees demand accelerating on the back of increased...
- ETtech Morning Dispatch on Feb 15, 2021: India at crypto crossroadsHere's a look at the top tech news to start your day.
- Ashwath Hegde goes green with edible "plastic-like" bagsEnviGreen Biotech's product might pass off as plastic bags to the uninitiated, but are 100% organic, recyclable - and even edible.
- QuEST Global targets $ 1 billion turnover by 2020The company which has presence in 40 locations across 11 countries plans to increase its headcount to 20,000 by 2020 from 8300 at present.
- QuEST global to take 1,800 persons in next three yearsPresently the company has 1,800 employees at its Centre in India and it plans to double its strength in next three years.
- BPOs shun India and Philippines; rush to near and on-shore works to be closer to clientsThe move for 'on-shore' and 'near-shore' presence will help vendors who can demonstrate capability to garner a larger share of business.
- Bombardier to do aerospace engineering projects in BangaloreBombardier, the world's largest maker of business jets and third-biggest maker of commercial aircraft has set up its engineering service ce...
- New age mantra for Indian techies: Upgrade or perishAbout 7.5 mn freshers will join the IT sector this decade. Half of this workforce, will no longer be in demand for its accents or coding ta...
- HAL, Wipro to ramp up aviation biz on global demandThe global aviation market is set to rain large deals on Indian companies. A CLSA Asia-Pacific study shows there will be a $18-billion busi...
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