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Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.- Bodycraft Clinic and Salon raises Rs 120 crore in fundingBodycraft Clinic and Salon has secured Rs 120 crore funding from Singularity AMC to fuel its expansion across India. The integrated beauty,...
- As AI adoption grows, token consumption comes under close scrutinyBusinesses are facing hefty AI bills, prompting a shift from simply counting AI tokens to scrutinising their actual value. Companies are no...
- EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...
- Tech, crypto firms to help tackle illegal wildlife tradeAnnouncement made as part of a business forum convened by Prince William and The Royal Foundation's United for Wildlife during London Cli...
- SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
- Pakistani-American businessman caught in $38,000,000 adult day care scam; Prosecutors say millions were hidden as 'laddu' paymentsA Pakistani-American businessman, Pervez Siddiqui, and seven associates face charges for an alleged $38 million Medicaid fraud scheme. Pros...
- Indian man opens bank account in UAE on an app, two months later, wins Rs 5 crore rewardUAE Lottery: An Indian-origin man, Shajeer Venga, has won 2 million AED in Sharjah Islamic Bank's 'Millionaire' campaign after opening a sa...
- A NIT Warangal graduate, she left all for her dreams, was almost homeless before becoming an actressShreya Dhanwanthary, an NIT Warangal engineering graduate, pursued her acting passion after a decade-long struggle. Her perseverance led to...
- In 1981, when ISRO carried its APPLE on bullock cart for just Rs 150, the world laughed; Today, the same story is hailed as a masterstroke of innovationIndia's space journey began with innovation. In 1981, the APPLE satellite mission highlighted ISRO's resourcefulness. Engineers used a bull...
- Vance says 12.5 million barrels oil moved as Iran deal enters 60-day phaseOil flow through the Strait of Hormuz reached its highest level since late February. US Vice President JD Vance stated a US-Iran agreement ...
- 'All US blockade enforcement efforts have ceased': Centcom lifts blockade on ships to, from Iranian portsBig news out of the Middle East! The US has officially lifted its blockade on ships going to and from Iranian ports. Central Command confir...
- Florida has moved more than 97,000 gopher tortoises since 2009, but the booming rescue industry may be hiding a harder question about whether these reptiles can actually survive the shuffleFlorida's gopher tortoise relocation program, designed to protect the species from development, faces scrutiny. While developers pay to mov...
- 'Don't feel like a developer anymore after AI': Techie says coding isn't fun now, Reddit users share fears of becoming 'lazy'A software developer's candid post sparked a debate on Reddit about AI's impact on programming jobs. Developers express concerns about losi...
- Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
- Trump terms $300 billion fund to rebuild Iran as 'fake news'US President Donald Trump has dismissed claims of Washington paying Iran a massive sum. Reports suggested a $300 billion fund for investmen...
- Guarantee schemes won’t stop, says Shivakumar; Will continue beyond 2028 polls, adds SiddaramaiahKarnataka's Congress government assures its guarantee schemes will continue. Chief Minister DK Shivakumar stated the ongoing verification d...
- West Bengal likely to unveil new industry policy with seamless land acquisition plans in June 22 budgetWest Bengal's first BJP government will unveil a new industrial policy in its maiden budget on June 22, featuring seamless land acquisition...
- Zerodha restarts referral programme; Nithin Kamath says over half of growth came through word of mouthZerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kamath highlighted as a significant g...
- Men received welfare incentives meant for women in TMC-led Bengal, CM Suvendu Adhikari allegesWest Bengal Chief Minister Suvendu Adhikari alleged past irregularities in welfare schemes. He stated men received widow pensions and fake ...
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