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Gas engine maker Innio valued at $23 billion as shares jump in Nasdaq debutInnio, the innovative gas engine manufacturer, made a spectacular entrance on the Nasdaq, with its market valuation soaring past $23 billio...- Applied Aerospace & Defense valued at $3.5 billion as shares rise in NYSE debutApplied Aerospace & Defense made its stock market debut on Wednesday. The company's shares opened higher than their offer price. This debut...
- Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- Advent, ADIA-backed gas engine maker Innio targets $20.3 billion valuation in US IPO
- Hexaware to buy UK consulting company CPS in Rs 140 crore dealThe Mumbai-headquartered company said the acquisition, to be carried out through its wholly owned subsidiary Hexaware Technologies UK Ltd, ...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
- Lionsgate Play doubles down on India with AI, originals, Rs 1,000 crore IP goalLionsgate Play is set to invest heavily in creating intellectual property worth Rs 1,000 crore. The company is shifting towards becoming a ...
- Tech services demand is changing, not weakening: Coforge CEOCoforge CEO Sudhir Singh asserts that demand for technology services is evolving, not declining, driven by new value pools. He emphasizes t...
- US market today: Carlyle profit misses as asset sales fail to boost shareholder incomeGlobal investment firm Carlyle reported lower-than-expected profit for the first quarter on Thursday, as asset sales failed to translate to...
- Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposedElon Musk has settled a civil lawsuit with the US Securities and Exchange Commission. The case involved his delayed disclosure of initial p...
- US stocks today: Microsoft cloud revenue accelerates as spending growth coolsMicrosoft's cloud revenue saw a jump in the March quarter. Spending on infrastructure was lower than anticipated. This performance aims to ...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- Worry about an impending $eluge?Global private equity firms are amassing huge funds for India. However, disruptions in tech and lending sectors, coupled with high valuatio...
- Chinese billionaire overhauls AI startup after warning on ManusFollowing Meta's Manus acquisition fallout, MiroMind founder Chen Tianqiao is implementing strict firewalls between his Chinese and US busi...
- After layoffs, Microsoft targets 7% of US workforce for buyouts - who’s affected?Microsoft is offering voluntary retirement buyouts to approximately 7% of its U.S. workforce for the first time in its 51-year history. Thi...
- AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
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