L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 croreL'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, p...
19 Jun, 2026, 12.49 AM IST
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...
16 Jun, 2026, 08.50 PM IST
SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
16 Jun, 2026, 08.44 PM IST
Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.
16 Jun, 2026, 07.39 PM IST
What Elon Musk's trillion would mean in real termsElon Musk is poised to become the world's first trillionaire. This unprecedented wealth accumulation follows the market debut of his compan...
12 Jun, 2026, 08.14 PM IST
Signs of worry: Is SpaceX's $75 billion IPO ringing the bell of market top?SpaceX's upcoming IPO at a staggering valuation is sparking debate. Investors wonder if this massive listing signals the peak of the curren...
12 Jun, 2026, 10.22 AM IST
Why is US stock market down today? Dow Jones, S&P 500 and Nasdaq fall as inflation hits three-year high and Iran tensions shake Wall Street - Nvidia, Amazon and technology stocks leading today's declineUS stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflat...
10 Jun, 2026, 08.39 PM IST
US Stocks: US markets dips as tech declines, Middle East tensions mountU.S. stock indexes opened lower on Wednesday, continuing a selloff in technology stocks. Renewed U.S.-Iran tensions also weighed on the mar...
10 Jun, 2026, 07.34 PM IST
Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...
08 Jun, 2026, 12.50 PM IST
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 ...
04 Jun, 2026, 09.30 AM IST
Wipro CEO Pallia takes home Rs 49.6 crore in FY26Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The ...
04 Jun, 2026, 12.18 AM IST
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
03 Jun, 2026, 07.53 PM IST
ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
02 Jun, 2026, 07.12 PM IST
Double, Trouble, Toil and the AI Bubble: Why the boom may not be what it seemsAs India navigates its AI and innovation trajectory, skepticism looms large. While AI technologies have fueled market growth worldwide, the...
01 Jun, 2026, 11.41 PM IST
Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
29 May, 2026, 07.55 PM IST
Amazon greenlights AI-generated shows for childrenAmazon MGM Studios announced Wednesday it has greenlit the first three children's shows that were created under a new initiative to use art...
28 May, 2026, 08.46 AM IST
Jeff Bezos takes dig at Zohran Mamdani, imagines Amazon run like NYC schools: ‘Packages would take six weeks, cost $100 and still arrive wrong’Jeff Bezos criticized New York City's public school system's inefficiency, comparing it to Amazon's operations to highlight administrative ...
27 May, 2026, 01.18 PM IST