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Alternatives to OpenAI, Anthropic: With US prime AI off the table, India opts for fine ChinaChinese open-source models, already popular among startups due to lower costs, may now make their way to large enterprises looking to avoid...
Amazon CEO meets Modi; Delhivery investors cash outAmazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETte...
South Korea's SK Hynix says to raise $29 billion in ADR listingSouth Korea's SK Hynix is planning a record-breaking secondary listing on the U.S. stock market, aiming to raise up to $29.4 billion. This ...
BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...
Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that meansSpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, d...
What is SpaceX's IPO ticker and where will it be listed as SpaceX stock begins trading today, June 12, in the biggest IPO in history— should investors buy on day one?SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock began its historic market debut toda...
Explained: How AI mania has thrown India Inc out of MSCI EM's top 10 and world's top 100 listIndian companies are no longer in the top 10 of the MSCI Emerging Markets Index. A surge in AI stocks has shifted global capital. Taiwan an...
Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
SpaceX IPO: What risks should investors consider? What to do if you don't get SpaceX IPO allocation?SpaceX IPO: At roughly 110 times trailing sales, Elon Musk-led company's valuation assumes years of rapid growth, raising the stakes for in...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance?Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan d...
SpaceX debut draws a crowd, but few recent hot IPOs outpace the marketWall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have ...
US Stock Market: SpaceX, OpenAI IPO excitement revives debate over lofty valuationsA Reuters analysis of the 50 largest IPOs over the past five years found that most underperformed the S&P 500 despite strong debut enthusia...
Football: China state broadcaster reaches World Cup deal with FIFAChina Media Group has secured broadcasting rights for four World Cup tournaments. This deal covers the men's events in 2026 and 2030, and t...
Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
Alibaba quarterly revenue rises on cloud demand, ecommerce growthAlibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...
Prices of Nvidia's B300 server at $1 million in China on US curbsNvidia's B300 servers have skyrocketed in price to around one million dollars each in China, fueled by an insatiable appetite for AI comput...
Alibaba increases share buyback to $25 billion from $15 billion"The upsized share buyback underscores our confidence in Alibaba's long-term, sustainable growth potential and value creation," said Alibab...