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ITC Infotech set to acquire Happiest Minds, eyes backdoor listingITC Infotech is set to acquire a controlling stake in Happiest Minds Technologies from founder Ashok Soota for Rs 2,800-2,900 crore, people...- CIL fears coal gasification scheme will blunt its edgeCoal India has raised concerns about the coal gasification incentive scheme's rules. The company believes the short bidding window disadvan...
- Block deals test valuations; gig platforms quit welfare boardHappy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ETtech Morning Dispatch.
- Advent, Stripe consortium is said to drop pursuit of PayPalThe payments company, once the crown jewel of American financial technology, received a $60.50-per-share bid from Stripe and private equit...
- Anthropic planned, then abandoned $7 billion purchase of MatXThe merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure ...
- Barclays targets India’s billionaires as private banking competition intensifiesBarclays is targeting India’s wealthiest founders and business owners as it seeks to expand its private banking business amid intensifying ...
- Meta's social media settlement leaves its money machine unscathedWhile the headline figure is among the largest ever settlements paid by a technology company, it is unlikely to strain a business that earn...
- Shifting Gears: PSBs borrow more to cater to credit demand as deposits lagPublic sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private...
- InCred hires Avendus wealth experts to launch new platform for ultra-high-net-worth individualsInCred recently welcomed three senior professionals from the competition, Avendus, to establish a dedicated platform aimed at ultra-high-ne...
- India's airport privatisation plan creates a barricade for power in few handsThe government plans to cap private bidders winning airport bundles. This aims to prevent excessive market concentration and financial leve...
- 11 airports to see Rs 8,622 crore private investment under 50-year concessionsIndia expects private operators to invest approximately ₹8,622 crore in eleven airports. These airports will be awarded through five bundle...
- Global Markets: Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPOShein is set to launch its Hong Kong IPO with an ambitious goal of raising up to $1.8 billion. However, the company's valuation has plummet...
- Anthropic hires Google chip veteran Amir Salek as part of push into hardwareAI firm Anthropic has hired a Google chip founder for its new semiconductor team. This move signals Anthropic's ambition to develop its own...
- Explained: Why OpenAI and Anthropic are suddenly talking about privacyEnterprise data privacy became the battleground for AI companies this week with OpenAI and Anthropic making moves this month that reverse o...
- Trump pledges 'golden age' of space travelUS President Trump plans to boost American space travel and lunar missions. The United States aims to compete with China for a moon landing...
- Brazil launches AI supercomputer push, splits projects between Chinese, US firmsJust over half the total, 1.3 billion reais, will fund a supercomputing infrastructure project in Rio de Janeiro developed in partnership w...
- Former Pakistan PM Imran Khan taken back to Adiala Jail after medical evaluationFormer Pakistan Prime Minister Imran Khan returned to Adiala Jail. He underwent a medical evaluation at Shifa International Hospital in Isl...
- 'Desi' Swiggy bets on Instamart model shift, mirroring main rival BlinkitSwiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This change allows Instamart to potenti...
- NSE said to plan allowing trading in its shares on its own platformNSE may allow its shares to trade on its own platform after listing on rival BSE, potentially boosting liquidity and paving the way for inc...
- AI in Indian banking: Why technology may reshape jobs, not replace bankersIndia’s banking sector is entering an AI-driven transition, with private banks cutting headcount even as public sector hiring offsets some ...
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