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Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...
Portugal eyes bigger role in India’s infrastructure, manufacturing push as trade ties deepenPortugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlightin...
The alchemist of Bengaluru: Kiran Mazumdar-Shaw began from a garageKiran Mazumdar-Shaw has named her niece Claire Mazumdar as successor, setting up a gradual leadership transition at Biocon. A pioneer who b...
Gift City turns growth lever for cross-border digital payment firmsCross-border digital payment firms are increasingly targeting Gift City for growth, seeking Payment Service Provider (PSP) licenses to cate...
White goods market set to reach Rs 5.3 lakh crore by FY30, says report; startups eye nichesIndia's consumer durables market is projected to reach Rs 5.39 lakh crore by FY30, driven by a 14% CAGR and increasing demand for smart, en...
Shots fired in the AI war: US and China clash over code and controlThe US-China AI rivalry has intensified, moving beyond innovation to a battle for talent, IP, and strategic tech. China's blocking of Meta'...
Our aim now is to create Indian games for local use and global exports: Krafton CEO KimMakers of popular video game PUBG looks to double down on investments and IP creation. Will invest both from its balance sheet as well as a...
Inside the investment strategy of the government’s new Fund of FundsThe government has launched Fund of Funds 2.0 with a Rs 10,000 crore corpus. This new scheme aims to boost startup investments by supportin...
Govt notifies establishment of Rs 10,000 crore Fund of Funds 2.0This second tranche of the Fund of Funds will seek to mobilise venture capital and support deeptech, tech-driven, innovative manufacturing ...
Intel looks to put millions more into SambaNova startup chaired by CEO TanThe investment, subject to regulatory approval, would increase Intel's ownership of SambaNova to 9%, the review showed. The backing follows...
IT rules could get tougher; Rubrik’s big India playHappy Wednesday! Experts have raised concerns over the proposed amendments to the IT rules. This and more in today’s ETtech Morning Dispatc...
Bajaj Finserv plans AI-only fund, direct bets in concert: Sanjiv Bajaj, Chairman & MDBajaj Finserv is gearing up to elevate its presence in the artificial intelligence sector. With plans to unveil a specialized private equit...
Union Budget 2025: Finance Minister focuses on startups with new Rs 10,000 crore AIF FundFinance Minister: India's alternative investment landscape highlights the government's focus on promoting innovation, entrepreneurship, and...
Budget 2025: Tech industry bats for deeptech fund, tweaks in safe harbour rules' thresholdFor the $250 billion export-led Indian IT industry, the Budget comes amid continued global macro headwinds, geopolitical risks, and growing...
Networking platform Scope launches $45 million VC fund for fintech, gaming startupsScope's VC arm will operate as an independent entity in identifying, nurturing, and accelerating startups that demonstrate exceptional prom...
6 things to check before switching to a startupWith mid and senior level professionals making hasty move to startups, many are experiencing burnouts owing to the fast-paced environment.