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Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPOSB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listi...
Should AI companies slow down development? Leaders debate safety, costOpenAI chief executive Sam Altman, xAI chief Elon Musk and other technology leaders have since joined the discussion, as concerns over AI s...
Global AI stocks fall as industry chiefs call for slowing developmentAnthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model...
Will Wall Street crash today? Nasdaq futures tumble nearly 2% as AI stocks plungeNasdaq futures fell as OpenAI and Anthropic leaders urged slower AI development for safety. Investor Michael Burry criticized these warning...
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's developmentAnthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse o...
Ather & Ola Electric: A tale of two contrasting ridesAther Energy's stock price has significantly increased since its IPO. Ola Electric's shares are currently trading below their initial publi...
Rentomojo’s valuation jump; SoftBank’s Meesho windfallRentomojo is expected to go public at a valuation nearly five times higher than its previous private market round. This and more in today's...
SoftBank sells Meesho shares worth Rs 1,650 crore, clocks 3x return on investmentSoftBank sold 80 million shares at Rs 206.30 apiece through two bulk deals on the National Stock Exchange (NSE) on Thursday, exchange data ...
WestBridge books 2.6x return on Rs 130-crore partial PhysicsWallah exitWestBridge began monetising its holding in PhysicsWallah as the stock recovered from its post-listing lows. It is likely to continue trimmi...
OpenAI issued warrants worth $5.5 billion in SB Energy, WSJ reportsOpenAI was issued warrants worth an estimated $5.5 billion in power infrastructure firm SB Energy, the Wall Street Journal reported on S...
Lenskart shares fall 1.5% after Rs 1,856 crore stake change hands in block deal, Alpha Wave Ventures likely sellerLenskart Solutions shares fell 3% after Alpha Wave Ventures sold up to 2.1 crore shares, or a 1.2% stake, worth Rs 1,313 crore through a bl...
Block deals test valuations; gig platforms quit welfare boardHappy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ETtech Morning Dispatch.
Startup block-deal rush puts private valuations to the cash testA rush of block deals in newly listed Indian startups is putting private-market valuations to the test. Early investors in Groww and Meesho...
Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
India's D2C boom is entering a new phase: Less big-money chasing, more business buildingIndia's direct-to-consumer sector is maturing, with investors becoming more selective. Funding has shifted towards younger companies and ea...
ETSA 2026: Jury to pick winners today; SoftBank trims Lenskart stakeThe day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru today to select the brightest stars...
SoftBank sells Lenskart shares worth Rs 2,888 crore, aggregate returns at 5.7xThis is SoftBank’s second large block sale in Lenskart since the six-month lock-in for pre-IPO investors expired in May. In June, it sold a...
India’s listed new-age cos hit $165 billion market cap as IPO wave expands universeIndia’s 50 listed, institutionally backed new-age companies are now worth $165 billion, but performance remains sharply divided. A growing ...
Vantage Data Centers explores IPO at $100 billion valuation or sale, sources sayVantage, backed by private equity firm Silver Lake and infrastructure investor DigitalBridge Group, could raise around $10 billion and purs...
Data centre operator CyrusOne plans potential 2027 IPO, banks pitch for roles, sources sayThe private equity firms met investment banks including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the...