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TECH MERGERS IN CHINA
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- Why foreign investors are exiting Nifty giants to hunt in India's small and midcap marketForeign institutional investors are shifting their focus from India's top blue-chip stocks to a wider array of mid- and small-cap companies...
- Did Elon Musk lose his landmark OpenAI lawsuit? Jury delivers swift verdict-here's what you need to knowA California jury has rejected Elon Musk's lawsuit against Sam Altman and OpenAI. Musk claimed OpenAI abandoned its nonprofit mission for p...
- Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
- AI can't steal your job! A China twist can avert AI jobs apocalypseA Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...
- Bain Capital sole contender for Vitabiotics buyBain Capital has emerged as the frontrunner to acquire Vitabiotics, as rival bidders TPG Capital and EQT exit the process, potentially lowe...
- Inside China’s ‘Magic’ factories: The tech playbook India can’t ignoreChina's state-of-the-art factories reflect its commitment to innovation, backed by robust research and development initiatives. This enviro...
- Hindustan Unilever to focus on regaining market share: Global CEO Fernando FernandezUnilever's leader, Fernando Fernandez, has placed his trust in Priya Nair, the head of India operations, as she embarks on a transformative...
- Chinese tech financier released after probe: former colleagueChinese tech financier Bao Fan has been released by Chinese authorities after vanishing from public view over two years ago while "cooperat...
- Who is Bao Fan, star Chinese banker who reappeared after vanishing 2 years ago?Bao Fan missing Chinese executive: Bao Fan, a top dealmaker in China, is back after a two-year detention. He disappeared in early 2023, cau...
- Temasek-backed debt financing platform EvolutionX shifts fund focus to India from ChinaThe Singapore-based debt financing platform plans to allocate as much as 70% of its $500 million private credit fund to India, Rahul Shah, ...
- ETtech Explainer: EU’s $1.3 billion fine on Meta is one of many penalties on Big Tech globallyBig Tech companies worldwide have come under the lens of antitrust regulators, policymakers and enforcement agencies amid concerns about pr...
- China's top tech banker, Bao Fan of China Renaissance, goes missingBao is a well-known dealmaker in China who has carved out a career working on high-profile tech transactions. He started China Renaissance ...
- India seeks wider authority over global M&A with antitrust lawIndia’s current antitrust rules allow the regulator to examine deals based on asset size and turnover of the cos involved, but the amended ...
- China set to clear $3.5 billion Tencent-Sogou deal, but conditions applyChina's antitrust regulator has no objection to the $3.5 billion deal for the 60% of US-listed Sogou that Tencent doesn't already own, as l...
- China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: SourcesThe move highlights Chinese regulators are still looking to approve merger and acquisition deals in the tech sector, but now with strict co...
- Brokers bullish on UltraTech after Samruddhi Cement mergerUltraTech announced merger of a group company Samruddhi Cement with itself.
- AB Group approves merger of UltraTech with SamruddhiThe Aditya Birla Group approved a proposal to merge a newly-created unit with its existing cement subsidiary.
- UltraTech won't be merged with Grasim: Kumar BirlaThe Aditya Birla group has no plans of merging UltraTech Cement with parent Grasim Industries, chairman Kumar Mangalam Birla said on Monday...
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