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US private credit portfolios show signs of stabilisation in second quarterIn the second quarter of 2026, US private credit portfolios experienced a notable trend of stabilization, despite lenders continuing to mar...
US Stock Market: Private credit funds of Blackstone, BlackRock mark down portfolios amid software sector stressMajor investment firms Blackstone and BlackRock saw their private credit portfolios shrink. Troubled loans, especially from software firms ...
US market today: Blackstone, BlackRock cut value of their private credit fundsBlackstone and BlackRock asset management firms reported declines in their private credit fund values for the first quarter. This reduction...
Oyo may pause IPO plans; GSV Ventures' Deborah Quazzo on Byju's and edtechOyo's initial IPO attempt hit a snag in January 2023 when the regulator sent its papers back for revisions. Following this, the SoftBank-ba...
Udaan’s valuation plummets; draft rules for fintech self-regulatory bodiesBusiness-to-business (B2B) ecommerce platform Udaan has taken a major hit with its valuation being chopped by nearly half to $1.8 billion i...
The Economic Times Startup Awards 2023: And the big winners are…OfBusiness, a B2B ecommerce firm, has been named the Startup of the Year at The Economic Times Startup Awards 2023. The company was recogni...
Byju’s term loan gets more expensive; MPL lays off 350 post GST hitByju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an addition...
Tata Cliq continues to bleed; Ola’s valuation trimmed to $3.5 billionSmoke is billowing as the Tata Group continues to burn cash on its first ecommerce platform — Tata Cliq. Tata UniStore Ltd, which owns and ...
Ad sales rebound boosts Meta’s Q2 earnings; bumper listing for Netweb TechnologiesA bounceback in the digital ads business has helped Meta Platforms beat market expectations with a double-digit rise in both revenue and pr...
Microsoft, Google beat quarterly revenue estimates; fake social media influencers put companies in a spotTech titans Google-parent Alphabet and Microsoft announced better-than-expected earnings on Tuesday, propelled by a cloud- and AI-backed wa...
PharmEasy SOS: plans rights issue at 90% discount to repay loan; Cabinet approves Digital Personal Data billThe online drugstore plans to swallow a bitter pill in the hope that it can heal itself. The distress rights issue, if it goes through, wil...
Byju’s sighs, in relief; Prosus writes off ZestMoney investment; and BGMI’s India returnAfter a long time, it was Christmas at Byju’s as a US court rejected a plea by its Term Loan B (TLB) lenders to probe a $500-million transf...
India’s emerging as next chip-making destination: Ashwini Vaishnaw; VCs reach out to CBDT on angel taxHappy Friday! Union IT minister Ashwini Vaishnaw told ET in an interview that some major players expect India to be the next chip-making de...
Byju’s lenders scrap talks to recast $1.2B loan; Janus Henderson cuts PharmEasy valuation furtherByju’s woes seem to have no end. The company has suffered a series of setbacks over the last year, including ED raids and valuation markdow...
WhatsApp’s new pricing to hurt small businesses; Byju’s, Meesho hit by valuation cutsSmall and medium enterprises, which are heavily reliant on WhatsApp business messaging to push their products, are worried ahead of a chang...
Exclusive: Sebi may review compliance for VC, PE funds; Cred‘s rejigging its lending strategyCapital markets regulator Securities and Exchange Board of India (Sebi) has sought suggestions from venture capital and private equity fund...
Amazon to deliver third-party ecomm orders; ETSA winners to receive awards on Nov 19This will make the US ecommerce major a direct rival to new-age logistics firm Delhivery, Xpressbees, Ecom Express and Flipkart's Ekart, wh...
Dubious loan apps are back; Reliance’s Grab.in joins ONDCThe recovery agents, having got hold of his contact list, also called his aunt and demanded that she coerce him to pay up. She was abused a...
Stocks in the news: SBI, Infosys, Tata Motors, Vodafone Idea, DRL and IDBI BankInterGlobe Aviation reported widening of its net loss to Rs 1,062 crore for the September quarter.