AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...
11 Jun, 2026, 09.56 PM IST
Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block dealADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted stro...
11 Jun, 2026, 08.10 PM IST
Techies slept in office to meet deadlines. Then given 3 days of leave and sudden layoff of whole team. What happened on the last day?Junior ML engineers at an Indian tech company faced extreme burnout and excessive demands, including working around the clock. After a majo...
11 Jun, 2026, 03.12 PM IST
Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely sellerEyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through ...
11 Jun, 2026, 09.26 AM IST
Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
11 Jun, 2026, 08.51 AM IST
ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block dealAbu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows So...
10 Jun, 2026, 11.23 PM IST
ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exitAbu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 cror...
10 Jun, 2026, 10.44 PM IST
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
10 Jun, 2026, 08.17 PM IST
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...
10 Jun, 2026, 10.47 AM IST
Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affectedGoogle Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These la...
05 Jun, 2026, 05.34 PM IST
Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
05 Jun, 2026, 06.52 AM IST
How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
05 Jun, 2026, 03.40 AM IST
Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
04 Jun, 2026, 08.01 PM IST
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
04 Jun, 2026, 07.47 PM IST
Together Fund’s Manav Garg joins portfolio firm Emergent as executive chairmanAnnouncing the move in a LinkedIn post on Thursday, Garg stated that he will continue supporting founders and portfolio companies at Togeth...
04 Jun, 2026, 07.30 PM IST
SoftBank sells Rs 2,873 crore worth of Lenskart shares in block deal to Goldman Sachs and other investorsLenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction dre...
03 Jun, 2026, 09.33 PM IST
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
01 Jun, 2026, 10.07 PM IST