AI bubble bursting or just letting out air? Neoclouds may offer cluesElon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...
Kia Sonnet diwali bonus to employees: Pharma company CEO gifts cars to workers for the fourth consecutive yearWhile layoffs and cost-cutting put jobs under pressure, a Chandigarh-based company has gifted four Kia Sonet SUVs to loyal employees. The i...
Not Jordan, not Magic: The NBA player who built a $600 million fortune with burgers, Coca-Cola bottling plants and smart business betsNever an All-Star, never paid above $350,000 a year, Junior Bridgeman still became a billionaire. After retiring in 1987, he bought a Wendy...
- Jio vs Starlink makes for a billionaire clash, but India’s satcom race is a minefield in the skies
Jio Platforms is preparing for an IPO while developing its satellite venture to connect remote areas. Reliance Jio's ambitious plan involve...
Builder missing or bankrupt? What homebuyers can do about the home loan, RERA and the IBCStill paying EMIs on a flat that may never be delivered? Here is what homebuyers can do about the loan, the police, RERA and insolvency cou...
Gold, global equities, largecaps, midcaps and smallcaps: Samco CEO Jimet Modi’s five-way portfolio formulaWith India’s stock market caught between expensive mid- and smallcaps and largecaps that lack strong growth drivers, Samco Securities found...
ET Prime Special Series: Multibagger or IBC - Part 81: Momentum in numbers will decide fate of this auto ancillary's stockA few years back, the important question for this auto ancillary supplier was whether its investments and customer programmes would begin p...
How Byju’s parent funded Aakash rights issue; Zetwerk IPO fully subscribedHappy Dussehra! Byju’s parent used money repaid by Great Learning to back Aakash’s rights issue. This and more in today’s ETtech Morning Di...
Byju's parent uses Great Learning loan repayment to fund Aakash rights issueThe transaction shows how the cash-strapped company funded its effort to preserve its holding in one of the few valuable assets remaining i...
One decision that made Jensen Huang worth $185 billion: Nvidia nearly went bankrupt in 1996, then a risky bet helped build its AI dominanceJensen Huang went from working as a dishwasher at Denny’s to becoming the billionaire CEO of Nvidia. The turning point came in 1993, when h...
Lovin’ SpoonfulTwo humorous stories highlight how loyalty rewards and discounts can encourage people to spend more while believing they are saving money. ...
AI stocks keep falling, but the rest of the market is supporting Wall StreetThe S&P 500 was virtually unchanged in midday trading after erasing an early loss. The weakness for AI stocks dragged the Nasdaq composite ...
SoftBank junk bond sale raises stakes for CEO Son's all-in AI betSoftBank's promise to pay its highest-ever yields in a record $11 billion junk-bond offering highlights the pressure on CEO Masayoshi Son t...
INWIT investors line up financing for possible take-private, sources sayShareholders of INWIT are reportedly arranging financing for a potential take-private bid amid ongoing disputes. The investors involved inc...
Donald Trump: ‘We’re getting rich because of tariffs,’ vows $5,000 payout again if Republicans win midtermsDonald Trump expressed discontent regarding a Supreme Court ruling that he claims diminished federal revenue significantly. He stated that ...
Nepal urges villagers to evacuate after flood triggered by landslideAuthorities in Nepal are urging villagers to evacuate due to flooding caused by a dry landslide. The Budhi Gandaki River overflowed, damagi...
'Going bankrupt': Iran shopkeepers struggle as war dims demandAt a Tehran bazaar where fragrant herbs and spices whet the appetite, shopkeeper Nasir says locals once bought his nuts by the kilo but soa...