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Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
Apple stocks: Why are AAPL shares down? Morgan Stanley sounds warning over Siri AI updateAI update to Apple's Siri voice assistant unveiled on Monday garnered lacklustre reviews, spurring caution among investors who have seen te...
Indian VCs expand US footprint to tap AI boom earlyIndian tech investors are increasingly establishing a presence in the US, particularly in the Bay Area, to tap into the booming AI sector. ...
Google must let UK publishers opt out of AI search under new rulesBritain's competition watchdog has introduced new rules for Google's search. Publishers can now decide if their content powers Google's AI....
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...
UK regulator enforces new competition requirements on Google searchThe Competition and Markets Authority has flagged concerns about Google's dominance in search services. Google accounts for more than 90%...
TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-re...
Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...
Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohortsPeak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overal...
Global macro woes take holidayers in different directionIndian travelers are opting for short-haul international trips to Southeast Asia and Australia, or domestic getaways this summer. This shif...
Company racks up $500M Claude AI bill in one month after putting no usage limits on employee licensesA firm's unchecked AI spending led to a staggering $500 million bill in a single month due to unlimited employee licenses for platforms lik...
Agentic platform Codex adoption in India up 27x since January, says OpenAIIndia's adoption of OpenAI's Codex has surged 27x since early 2026, placing it among the top five global markets. The platform is increasin...
Equity mutual funds deliver up to 17% return in May led by international funds. Should you go global?Equity mutual funds saw strong performance in May, with returns reaching up to 17%. International funds led the gains, driven by markets li...
ChatGPT Down today? Users report queries not working. Check latest update hereChatGPT Not Working today? ChatGPT faced significant disruptions on Friday with thousands of users in India and globally reporting errors a...
US, UK firms boost currency hedging as war sparks volatilityAmerican and British companies significantly boosted currency hedging last quarter. This move came as global markets faced turbulence. Even...
Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
Meta India cuts around dozen jobs; ad sales, marketing roles take a hitAccording to industry estimates, the company has about 400 employees, though it does not reveal country-specific workforce numbers. Meta re...
VCs eye deeptech fund launches to leverage RDI capitalSector-agnostic VC firms Kalaari Capital and Blue Ashva Capital are among those exploring new deeptech-focussed vehicles amid rising invest...