Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
India Inc deepens AI adoption to stay ahead of legal curveMajor Indian corporations are swiftly integrating artificial intelligence into their legal departments. This approach is enhancing the effi...
OpenAI grows stable of law firms for high-stakes lawsuits, dealsThe company, its CEO Sam Altman and their lawyers at Wachtell Lipton Rosen & Katz and Morrison & Foerster on Monday scored a major victory ...
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
More companies may take confidential route to file IPO papersMore companies are choosing to file their initial public offering documents confidentially. This move is driven by uncertainty surrounding ...
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
Did Elon Musk lose his landmark OpenAI lawsuit? Jury delivers swift verdict-here's what you need to knowA California jury has rejected Elon Musk's lawsuit against Sam Altman and OpenAI. Musk claimed OpenAI abandoned its nonprofit mission for p...
Elon Musk loses lawsuit against OpenAIA significant verdict has emerged from the courtroom as a jury rejected Elon Musk's lawsuit against OpenAI, finding the company not liable ...
Muthoot FinCorp to dilute minimum 10% stake in IPO: CEO Shaji VargheseMuthoot FinCorp is preparing for its Initial Public Offering. The company plans to offer at least 10 percent of its stake. Funds raised wil...
Elon Musk, Sam Altman under attack as OpenAI trial nears endElon Musk's lawyer attacked OpenAI CEO Sam Altman's credibility during closing arguments, accusing the company of enriching itself and stra...
Elon Musk's court battle against OpenAI enters homestretchA crucial trial involving Elon Musk and OpenAI is concluding. Musk accuses OpenAI leaders of betraying its founding mission for personal ga...
Elon Musk wanted $80 billion to colonise Mars, OpenAI president testifies at trialElon Musk sought complete control of OpenAI to fund his Mars colonisation dream. He aimed to raise $80 billion for a Martian city. This rev...
OpenAI cofounder Greg Brockman discloses nearly $30 billion stake, financial ties to Sam AltmanCourt revelations show OpenAI President Greg Brockman holds a stake in the company worth almost $30 billion. He also has financial ties to ...
Elon Musk vs OpenAI trial enters second weekOpenAI cofounder Greg Brockman is set to testify in a lawsuit filed by Elon Musk, who seeks to revert the AI giant to a non-profit foundati...
Musk testifies he did not read 'fine print' about OpenAI becoming for-profit companyElon Musk is in court battling Sam Altman's lawyer over his lawsuit against OpenAI. Musk claims the AI company abandoned its nonprofit miss...
Elon Musk wanted 'keys to kingdom,' OpenAI lawyer says at trialA high-stakes trial has begun over OpenAI's future. Elon Musk is suing the AI company, alleging it abandoned its mission to benefit humanit...