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Unstabilised approach, low-altitude stall caused 2023 Mumbai Learjet crash: AAIB reportThe Aircraft Accident Investigation Bureau finalized the investigation into the crash of a Learjet in Mumbai. Key factors included crew err...
Snabbit reports net loss of Rs 168 crore, revenue of Rs 12 crore in FY26Backed by investors including Nexus Venture Partners, Elevation Capital and Lightspeed, the Bengaluru-based company started operations in A...
ETtech Deals Digest: Boldfit, GreenCell lead as weekly funding hits $232 million, down 45% on-yearBoldfit led deal activity with $41.5 million, followed by GreenCell Mobility at $34.5 million, Inner Sky Labs at $30.9 million, and Scimpli...
Aviation regulator DGCA may consider one-time check of pilots' training records, says AAIB in probe reportProbe agency AAIB has proposed that DGCA conduct a one-time review of fixed-wing pilot training records. The recommendations followed an ac...
Varroc Engineering to set up JV with French co Forsee Power to develop battery-pack solutionsVarroc Engineering has announced a joint venture with Forsee Power to develop battery-pack solutions for electric vehicles. The collaborati...
How Freshly grew from a meal-delivery startup to a business Nestlé valued at up to $1.5 billionYard Ventures backed Freshly in 2017 as the meal-delivery company expanded its reach across the U.S. Three years later, Nestlé acquired Fre...
Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, HDFC Bank, Groww, and 32 others in SeptemberSunil Singhania-founded Abakkus Flexi Cap Fund increased holdings in Reliance Industries, HDFC Bank, Groww and 32 other stocks in September...
India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
Myntra swings to net loss of Rs 579 crore in FY26, revenue drops 13%Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership change in 2026, when CEO Nandita Sinha ...
Groww says it accounted for 44% of new SIP registrations in September quarterDirect mutual fund assets held through Groww rose 45.9% year-on-year (YoY) to Rs 2.06 lakh crore as of end September, and 7.8% from about R...
Martha Stewart sold a stock while flying to Mexico that saved her $45,673, but turned into a $1 billion loss and prison time; the reason why she doesn't own a private jetIn December 2001, Martha Stewart sold her shares of ImClone Systems, sidestepping a hefty loss. However, this move sparked a federal probe,...
Zetwerk raises Rs 2,251 crore from anchor investors ahead of IPOThe Bengaluru-based company allotted 149.1 million equity shares at Rs 151 apiece, the upper end of its IPO price band of Rs 143-151, accor...
Udaan sees growth after four years with 13% rise in revenuesUdaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according t...
General Atlantic, ChrysCapital in talks to invest Rs 300-400 crore in ice cream brand Hocco; valuation may jump 80%The company’s valuation could rise to Rs 4,000-4,500 crore from Rs 2,500 crore, driven by rapid topline growth at the company founded by An...
This Bengaluru man rejected Paris job offers to grow mushrooms in an old poultry shed, he now earns Rs 4 lakh a monthA Bengaluru entrepreneur, Prithviraj, turned his family's unused poultry shed into a mushroom farm after rejecting job offers in Paris. Sta...
India needs Rs 15 lakh crore to add 91 GW nuclear capacity by 2047: CEA chiefIndia needs to invest Rs 15 lakh crore to enhance its nuclear capacity to 91 GW by 2047. The Central Electricity Authority Chairman stated ...
Mortgage paperwork is getting an AI makeover: Vesta raised $30 million to bring AI agents into one of finance's most document-heavy businessesVesta makes loan origination software. That is the core platform lenders use to process a mortgage from start to finish. Its AI agents revi...
AI startup Sarvam in talks for $300 million top-up; valuation may double to $3 billionThe startup builds Indian-language AI models and applications for government agencies and businesses, including banks and insurers. Its cus...
Marsons to form JV with US-based Cleanhill Partners to tap North American marketMarsons has partnered with Cleanhill Partners to address the transformer supply shortage in North America. The joint venture will combine m...
IICT signs five MoUs to strengthen India’s AVGC-XR and creative-tech ecosystemIn a significant move, the Indian Institute of Creative Technologies has signed five MoUs with several organizations to strengthen industry...