The Economic Time
-
Network-as-a-service provider CloudExtel raises Rs 200 crore debt
CloudExtel secures funding with investments from Macquarie Capital, Advencap. Expansion focus on fiberized towers, data centers, FTTH in top cities.
-
Good Glamm initiates arbitration against portfolio company investor IAN: sources
Legal battles intensify for Good Glamm group as disputes over payments and investments arise. The company faces accusations of breaching...
-
Explainer: What happens now that US TikTok bill has been passed?
ByteDance has 9 months to divest TikTok after Biden signs the bill. Potential injunctions could affect the sale process. Previous attempts by Trump...
-
Tesla to lay off over 6,000 employees in Texas, California, notices show
Tesla plans 6,020 job cuts in Texas & California, 12% at Austin gigafactory. Musk to address falling demand & $25,000 car cancellation due...
-
Bubble tea brand Boba Bhai raises Rs 12.5 crore from Titan Capital, others
Boba Bhai, a quick-service restaurant (QSR) brand specialising in bubble tea and other food items, said it will use the capital for its plan to...
-
Cognizant utilising acquisition strategy to further AI investments: CEO
US-headquartered IT and professional services firm Cognizant had last year announced that it would invest $1 billion over the next three years to...
-
PayU gets in-principle nod from RBI to be payment aggregator
In 2022, the central bank had banned payment aggregators, including PayU, and restricted them from onboarding new merchants to its platform.
-
Tata Elxsi’s net profit down 4.5% QoQ; added 1,500 employees in FY24
The engineering service provider also saw its Q4 revenue at Rs. 905.9 crore, down by 0.9% QoQ. This the first time after Q1 of FY21, where the...
-
Sebi nod for Awfis IPO; Byju's NCLT saga continues
The stock market regulator has greenlit coworking startup Awfis’ IPO plans. Details on this and more in today’s ETtech Top 5.
-
Australia's spy boss seeks more co-operation from big tech in hunt for extremists
In a speech to be delivered in Canberra on Wednesday, agency chief Mike Burgess will outline how "offshore extremists" are asking a commercially...