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DATA CENTRE DEALMAKING
India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
Data centre developer Switch in talks to raise funds at $50 billion-plus valuation: ReportBrookfield Asset Management, KKR and other private equity and institutional investors have been in talks to invest in the round, the repor...
TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
‘Slasher’ Walsh takes one of aviation’s toughest jobs at IndiGoWillie Walsh is set to lead IndiGo, India's largest airline. He takes over after operational issues caused significant disruption. Walsh is...
Global Market: Saudi Wealth Fund to maintain global betsSaudi Arabia's wealth fund, the Public Investment Fund, is committed to global investments. Governor Yasir Al Rumayyan stated the fund's st...
Adani seals ₹80,000 crore in deals since 2023 Hindenburg crisisAdani Group has completed 33 acquisitions totaling Rs 80,000 crore since early 2023. This significant buying spree across core sectors like...
SoftBank races to fulfil $22.5 billion funding commitment to OpenAI by year-end, sources saySoftBank is rushing to raise $22.5 billion to fund OpenAI, selling assets and considering loans backed by Arm shares. Masayoshi Son has slo...
AI boom drives data centre dealmaking to record $61 billionData centre deals have hit a new record this year, surpassing previous highs. This surge is fueled by the massive demand for computing powe...
Anthropic founder Dario Amodei on the risk of an AI bubble, regulation and AGIAI spending is soaring, but Anthropic’s CEO warns that mistimed investments could cause major problems. He defends circular financing deals...
SoftBank in talks to buy digital infra firm DigitalBridgeSoftBank is reportedly in talks to acquire DigitalBridge, a digital infrastructure firm with an AI-focused portfolio, aiming to capitalise ...
Peter Thiel sells entire Nvidia stake amid AI bubble fearsBillionaire Peter Thiel's fund has divested its entire stake in chipmaker Nvidia, a move that significantly reduced its portfolio. This sal...
Nvidia CEO Jensen Huang says AI computing demand surged in past six monthsThis follows infrastructure investments increasing across the AI sector. But industry analysts are worried that billion-dollar circular dea...
Uncertainty hits IT, hiring demand falls 10% in AugustHiring at India's IT services companies has slowed since the start of the second quarter and the trend is likely to continue, according to ...
AI boom set to fuel data centre deals in Asia this yearThe intense pace of deals in the world's most populous region comes as countries and companies respond to booming demand for AI, calling fo...
China's open borders and push to stoke economy may revive dealmaking, advisers sayOpened borders could lead to a pick up in deals involving private equity funds later in 2023 as firms head to China to find buyers for thei...
Meet Gautam Adani, the busiest dealmaker globallyIndian billionaire and Asia's richest individual Gautam Adani has been declared the busiest dealmaker globally, as he topped the list of pe...
With $208 billion between them, Gautam Adani and Mukesh Ambani face offAnalysts are in agreement that the two men are likely to play a big role in reshaping the Indian business landscape, potentially leaving in...
Amazon, Flipkart… Meesho?Meesho CEO Vidit Aatrey believes there are structural problems in Indian e-commerce as even today, fewer than a million small businesses ar...
Power of ideas: How angel investment networks are pushed to innovate in a changing marketAs more money flows into early atage deal-making, angel investment networks are being pushed to innovate in a market they once ruled
Online deal-making platforms forcing angel networks to adapt to the changing dynamics in the industryAngel networks, which set the ball rolling for early-stage funding in the country a few years ago, are being forced to adapt to the changin...