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Yotta raises $150 million at $3.9 billion valuation to fund AI infrastructure expansionYotta Data Services secured $150 million from investors for business expansion. The company plans to significantly increase its AI cloud ca...- Karnataka seeks stronger investment ties with Hong Kong in ESDM, startups: MB PatilKarnataka is actively seeking to boost economic ties with Hong Kong, focusing on key sectors like semiconductors, fintech, and advanced man...
- 12 equity mutual funds deliver over 15% XIRR on SIP investments in 3 years. Are there any included in your portfolio?A total of 12 equity mutual funds delivered an XIRR of over 15% on SIP investments over the last three years, according to an ETMutualFunds...
- EV logistics startup TOCAL raises Rs 9 cr to drive EV fleet, fulfillment expansionTOCAL, a tech-driven EV fleet and fulfillment platform, has secured Rs 9 crore in funding led by XB Group. This investment will fuel expans...
- VB-G RAM G: A potential rural income hike comes with a burdenIndia's new rural employment scheme, VB-G RAM G, promises more work and higher wages, aiming to boost rural incomes. However, a significant...
- Union Minister Shivraj Singh Chouhan releases Rs 25,863 crore to states under Viksit Bharat G-RAM-G schemeUnion Minister Shivraj Singh Chouhan disbursed ₹25,863 crore as the first installment for the Viksit Bharat G-RAM-G Yojana, a successor to ...
- Markets may consolidate; micro, small and mid-caps could lead alpha generation, says Quant Mutual FundQuant Mutual Fund expects Indian equities to consolidate after the recent rally but believes micro-, small- and mid-cap stocks will drive a...
- Sitharaman urges French firms to invest in India's AI, clean energy pushUnion Finance Minister Nirmala Sitharaman urged French businesses to boost investments in India, highlighting vast opportunities in AI, cle...
- PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
- Yotta Data Services in talks with PE funds to raise $1 billionYotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...
- Digital Edge (India) buys 30 acres in Palava for Rs 1,000 cr, plans 270MW data centreDigital Edge, backed by NIIF, has secured over 30 acres near Mumbai for a massive 270 MW hyperscale data centre campus, marking a significa...
- Govt notifies new VB-G RAM-G rules, excess spending to be monitored to prevent misuseNew rules mandate strict monitoring of state spending on the rural employment scheme, VB-G RAM-G, exceeding central allocations. The scheme...
- Centre notifies three sets of rules under VB-G RAM G ActNew rules under the Viksit Bharat- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act have been notified, guiding the transition from M...
- Adani Enterprises launches QIP, sets floor price at Rs 3,034.68 per shareAdani Enterprises launched its qualified institutional placement to raise funds from institutional investors, fixing a floor price of Rs 3,...
- WhatsApp usernames’ India hiccup; Zepto’s unusual legal structureWhatsApp’s big bet on usernames has hit a regulatory speed bump in India. This and more in today’s ETtech Morning Dispatch.
- New rural job scheme VB-G RAM-G pays 10% more than MGNREGAThe government has boosted rural employment wages by over 10% with the new Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission-Gramin, ...
- Swiss agritech firm Innoterra's Indian arm files for IPOInnoterra Ltd, the Indian arm of Swiss agritech firm Innoterra AG, is preparing for an Initial Public Offering (IPO). The company plans to ...
- Telangana plans drug discovery push to move Hyderabad up pharma value chainTelangana is charting a new course to elevate Hyderabad into a global drug discovery hub. The state is fostering an integrated ecosystem by...
- Kerala may lose over Rs 2,000 crore if it exits PM SHRI scheme: Education Minister SamsudheenKerala faces a potential loss exceeding Rs 2,000 crore by withdrawing from the Centre's PM SHRI scheme, as the prior LDF government's agree...
- KCBC urges centre to address FCRA concerns, welcomes transparency measuresThe Kerala Catholic Bishops' Council (KCBC) has urged the Centre to address concerns regarding recent FCRA amendments, while supporting the...
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