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TECHNOLOGY INVESTMENTS
IN-SPACe has granted 113 authorisations to 52 NGEs to conduct space activities: Jitendra SinghIndia's space regulator IN-SPACe has authorised 113 activities for 52 non-government entities. Around 440 space technology startups are cur...
Global Market: Norway sovereign fund reveals stake in Musk’s SpaceXNorway’s $2.3 trillion sovereign wealth fund held a 0.05% stake in SpaceX worth $1.22 billion as of June 30, marking its first public discl...
Norway wealth fund holds $1.2 bln stake in SpaceXIt held a 1.28% stake worth $62 billion in Nvidia, a 1.24% stake worth $52 billion in Apple, a 1.17% stake worth $50 billion in Alphabet, a...
Coforge launches private equity business unit for private equity sectorPowered by Coforge Nuuron, its AI operating system and enterprise autonomy platform, Coforge’s PE business unit aims to combine technology,...
Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towa...
TSMC, Sony to invest $4.7 billion in joint venture for image sensorsSony will be the controlling shareholder and invest 465 billion yen ($2.92 billion) through a combination of cash and asset transfers, in...
When the right audience is listening, partnerships become a strategic advantageFor brands targeting business decision-makers, visibility alone is not enough. Bosch’s partnership with ET demonstrates how credible platfo...
Aegeus Technologies shares to debut today: GMP signals 11% premium ahead of BSE SME listingAegeus Technologies is set to debut on the BSE SME platform after its Rs 23.71 crore IPO was subscribed nearly 30 times. The latest grey ma...
Boeing to divest tech ventures for stake in air-taxi startupBoeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup...
Quote of the day by Philip Fisher: "Change creates opportunities to grow, but it also creates opportunities to slip"Philip Fisher’s investment wisdom highlights change as both an opportunity and a risk. Progress requires adaptability, continuous learning ...
Aum Ventures marks first close of Rs 750 crore deeptech fund at Rs 225 croreAum Ventures has closed its second India Innovation Fund at Rs 225 crore. This new fund targets early-stage companies in advanced technolog...
DPIIT signs 5 MoUs to expand digital, cloud and investment support for startupsThe Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with indust...
Science ministry rejects conflict-of-interest claims in RDI fundMinistry officials defended the Research, Development and Innovation Fund selection process. They stated that conflict of interest guidelin...
Centum Electronics to invest Rs 500 crore in Karnataka: MB PatilCentum Electronics will invest five hundred crore rupees in Karnataka. A new aerospace and defence electronics manufacturing facility will ...
Only 10% of enterprises see measurable hiring gains despite 80% adopting AI: StudyMost organisations use AI in recruitment, yet few see hiring improvements. A new model combines AI with human recruiters for better efficie...
Former Uber executive Gautam Gupta joins Travis Kalanick's robotic startup Atoms as CFOGautam Gupta has joined Travis Kalanick's autonomous technology startup Atoms as chief financial officer. Gupta's association with Kalanick...
Nvidia plugs into India's sovereign AI stack, joins Sarvam's $75 million raiseThe latest investment follows the first close of the Series B in June when HCLTech led a $234 million financing alongside Bessemer Venture ...
Investors on a new mission: Funding spacetech startupsIndia's growing space sector is making strides in essential mission technologies and components. With investor interest surging in startups...
FTAs must drive manufacturing, GVC integration and high-tech investmentA new committee will monitor India's free trade agreements and export barriers. It must also address import efficiency for competitive glob...
Citi hires Bank of America's Rohan Sen to lead technology services bankingCiti has hired Rohan Sen from Bank of America to lead technology services coverage. This move strengthens Citi's technology banking ranks a...