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Jay Clayton to head US AI task force: Here’s what we knowJay Clayton has taken on a pivotal role as Trump appoints him the AI czar to steer the newly established Super Intelligence Force. This str...
At 27, Howard Lutnick helped make $300 million; decades later, he reports $250 million in income as Trump’s Commerce chiefUS Commerce Secretary Howard Lutnick reported at least $250 million in income and other proceeds in 2025, his first year in government. Dec...
Global M&A deal rush fades in third quarter as rising borrowing costs biteGlobal mergers and acquisitions activity saw a notable decline in the third quarter, totaling $993 billion. This figure marks a 41% decreas...
Inside the deal engine room: VCs and PEs make the case for ERP as a governance variableAt an NTT DATA Business Solutions Pvt. Ltd. India roundtable, a cohort of leading VCs and PE investors argued that the maturity of a compan...
Stocks in news: Tata Group, ITC, IRFC, NCC, Zydus Lifesciences and JSW EnergyThe Indian equity markets faced a significant downturn, with benchmark indices slipping past vital support thresholds. The Nifty 50 saw a d...
Brahma AI raises $150m at $2b valuation in Multiples-led roundBrahma AI has successfully raised $150 million through preferred share issuance led by Multiples. This funding values the company at $2 bil...
US stocks: US stocks rise as AI stocks rally, oil tumbles over 3% on Middle East hopesWall Street indexes climbed on Monday, propelled by a surge in artificial intelligence stocks. Easing Treasury yields and declining crude o...
Powerus and Pakistan: The optics problem with a Trump-linked dealAmerican drone company Powerus' deal with Pakistan's army involves initial drone orders and potential joint ventures for local manufacturin...
US drone maker Powerus signs Pakistan Army MOU, gets initial orderUS drone maker Powerus has signed an MoU with the Pakistan Army that includes an initial order for unmanned aerial systems, co-founder Bret...
ET Prime Special Series: Multibagger or IBC - Part 75: Delisting, merger, demerger: Long restructuring story of one auto ancillaryLast week's auto-ancillary story dealt with another major participant in the same broad industry. This week's business is dramatically narr...
Demutualisation: The driver behind stock exchange IPOsThe National Stock Exchange has successfully gained regulatory approval for its forthcoming initial public offering, marking a significant ...
Sugar’s valuation slump; Slice takes a hitHappy Friday! A91 Partners is backing Sugar Cosmetics in a round that will see the beauty brand’s valuation fall sharply. This and more in ...
Slice’s big valuation cut; Betting networks under lensSlice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5.
Layoffs at Uber; Astrobase eyes fresh fundraiseUber will cut thousands of jobs in a restructuring move. This and more in today’s ETtech Top 5.
Uber may lay off 200-250 employees in India as part of global restructuringGlobally, Uber is eliminating around 3,300 roles, or about 10% of its workforce, as part of a restructuring aimed at reducing management la...
Honda tells suppliers to cut costs in $9 billion push to fend off ChinaHonda plans to cut more than $9 billion in costs by 2030 and has asked suppliers to sharply reduce prices as it struggles with rising compe...
Happiest Minds-ITC Infotech merger driven by AI revenue pressure: ExpertsSeveral analysts said the deal price signalled stagnant revenue growth as a key reason for the union, which provides a backdoor listing for...