RBI governor on fintechs; Google, Indian apps in temporary truceThe banking regulator's recent actions are not directed against any fintech but against a regulated entity, the Governor underlined in a re...
Flipkart’s $1 billion fundraise; Zomato offers to acquire ShiprocketEcommerce giant Flipkart is in the middle of closing a $1 billion funding round in which Walmart has committed $600 million. This and more ...
Bhavish Aggarwal's Krutrim AI plans; Elevation Capital report on startup outlookOla founder Bhavish Aggarwal on Friday unveiled the large language model (LLM) Krutrim, which he described as ‘India’s own AI’. This and mo...
Byju’s Jiny Thattil elevated to CTO; TCS faces $210 million penalty in USEdtech major Byju's on Monday elevated senior executive Jiny Thattil to the role of chief technology officer. This and more in today’s ETte...
Govt plans stricter rules to deter betting apps; Indian cricket jerseys fly off ecommerce shelvesTo curtail the spread of illegal online gambling and betting via offshore platforms in the country, the Centre is planning to tighten the r...
Zerodha sets valuation at Rs 30,000 crore; Third Wave Coffee secures fresh fundingNithin Kamath, cofounder & CEO, Zerodha, said they value the stockbroking company at 10 to 15 times of its profit after tax (PAT). This and...
Apple launches iPhone 15, Watch Series 9; Byju’s hid $533 million in a hedge fund, lenders sayApple unveiled its iPhone 15 series and Watch Series 9 during its ‘Wonderlust’ event Tuesday. This and more in today’s ETtech Top 5.
Vertex Ventures closes Fund V at $541 million; Apple to sell made-in-India iPhones on launch dayTemasek-backed Vertex Ventures has raised $541 million to mark the final close of its Fund V, which will also focus on investing in women-l...
AMD to invest $400 million in India; Reliance's Milkbasket to see layoffs, redundanciesIn a boost for India’s Semiconductor Mission, California-based Advanced Micro Devices (AMD) will invest $400 million in India, its chief te...
Tata to infuse $2 billion into super-app Neu; tech firms slashed over 1.5 lakh jobs this yearTata Group is planning to infuse another $2 billion into its super app venture Tata Neu, news agency Bloomberg reported, citing people fami...
Karnataka blinks, allows app-based auto aggregators to charge 5% fee; ex-Nykaa CFO joins PayU IndiaThe Karnataka government on Friday announced that it has decided to allow app-based aggregators to charge a convenience fee of 5% to custom...
Developers to ramp up hiring by over 50%"In our endeavour to get the best talent which may not necessarily be found amongst talent with core industry experience, we undertake cros...
Young and restless and aiming for a top corporate position? You may not have to wait muchGiving charge to a young generation, even if they are not completely ready, is now becoming a common trend. Organisations are placing big b...
Companies place their bets on pre-placement offers to hire future managers1 in every 3 students in the class of 2020 from top B-schools is likely to be recruited through pre-placements.
Sex offence cases up post police reforms after Nirbhaya caseOfficers say that the free registration has increased the number of FIRs from 680 in 2012 to 1,559 cases in 2013 and 1,925 cases till Novem...