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CVC Capital Partners leads race to buy ValueLabs at $1–1.2 billion valuationCVC has an exclusivity agreement with ValueLabs, founded in 1997 by Arjun Rao Donakanti (87% owner). Promoters may retain 15–20% and manage...
Donakanti family plans to sell ValueLabs at valuation of $1 BHyderabad-based technology firm ValueLabs' promoters are seeking to sell the entire business for $1 billion, engaging Goldman Sachs to find...
Cognizant appoints Infosys veteran Thirumala Arohi as chief learning officerArohi comes with over three decades of experience, including over 28 years at Infosys, serving most recently as its executive vice presiden...
Did you know the voice of Delhi Metro was discovered at IIT-Delhi? Meet ex-L&T techie, Shammi NarangComedian Akash Gupta's video about Delhi Metro in summers caught the attention of Shammi Narang, the iconic voice of Delhi Metro. Narang, a...
UST to expand presence in India, double headcount in the next 5 yearsUST plans to expand its workforce in Kochi, India to 6,000 employees by 2029, doubling its current strength. A new 10-story campus on a 9-a...
Union Cabinet approves OSAT proposal of Kaynes Semicon to set up in SanandThe proposed unit in Sanand, Gujarat, will be set up with an investment of Rs 3,307 crore. The chips produced in this unit will cater to a ...
Midcaps up M&A game with winds of tech spends revivalIndian IT sector witnesses a surge in acquisitions by firms of all sizes, driven by the need to pivot to new technologies and business mode...
Kaynes SemiCon OSAT to move from Telangana to Gujarat: SourcesKaynes broke ground in Kongara Kalan near Hyderabad in October last year and proposed to invest Rs 2,850 crore there.
Zomato wavers on 10-min food delivery; new VPN rules not for companiesThe company is reviewing its ambitious plan and may settle for longer delivery times.
UST to double its headcount to 12,000 in Bengaluru by 2023Over the next 18-24 months, the company will hire entry-level engineering graduates and experienced engineers for various roles focusing on...
Swiggy, Zomato face backlash on TwitterOver the past week, posts by food delivery workers complaining about poor treatment by Swiggy and Zomato have gone viral on Twitter.
UST Hyderabad to add 1,000 employees within next two yearsThe company said it plans to double the headcount and add 1,000 more associates in Hyderabad by the end of 2023
ETtech Evening Briefing on Feb 24, 2021: RBI's crypto concerns, startup jobs incomingRBI Governor Shaktikanta Das says the central bank has “major concerns” about cryptocurrencies. Almost three-quarters of startup founders s...
ETtech Morning Dispatch on 21 Jan. 2021: Top tech news to start your dayFrom India's plan to revamp IT Act to Tesla India's one-seat office in Bengaluru and Joe Biden's tech to-do list, here are the must-read to...
ETtech Bytes On 20 Jan. 2021: Top 5 Tech News Today, In 10 MinutesFrom Indigo Paints IPO bringing gains for Sequoia Capital and technical glitches for Zerodha, to Jack Ma appearing in the public for the fi...
T-Hub partners with Ambuja Neotia for DeepTech ArcadeDeepTech Arcade is a part of T-Hub’s Arcade Series of programmes designed for corporates and startups to explore possible collaborations.
T-Hub launches its Arcade Series to connect innovative startups with corporate bigwigsThe arcade series will host a monthly sector-specific networking platform to provide startups and industry players with market-access oppor...
More advertisers will come on board for IPL: Media plannersOut of 60 matches scheduled to be played this season, first 20 IPL matches will being played in UAE due to the ongoing elections in the cou...
IPL kicks off, but lacks the usual carnival feelThe seventh edition of the IPL kicked off on Wednesday with Mumbai Indians taking on Kolkata Knight Riders at Sheikh Zayed Stadium in Abu D...
- Biz buoyancy: UST Global to add 8,000 staff in India
UST Global’s Orange County, California-based CEO, Sajan Pillai told ET here that that the company planned to add 8,000 professionals to its...