The Economic Time
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IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
IBM's $6.4B acquisition of HashiCorp bolsters its AI presence through cloud expansion, despite Q1 revenue missing estimates. The deal, funded by...
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Microsoft and Amazon's AI partnerships draw UK watchdog scrutiny
CMA investigates Microsoft-Mistral AI, Amazon-Anthropic partnerships, Open AI collaboration. U.S. FTC orders data from generative AI firms, cloud...
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Lenskart's $200-million secondary; Wipro’s Delaporte’s golden handshake
Happy Thursday! Singapore investor Temasek and US-based fund Fidelity are preparing for a $200-million funding round in Lenskart along with Fidelity.
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'We aren't going anywhere': TikTok to fight US ban law in courts
TikTok's CEO vowed Wednesday to fight in the courts to overturn a newly signed US law that could see the popular app banned due to allegations it...
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Zomato pilots priority deliveries, tests ‘pay later’ feature
Gurgaon-based firm Zomato is starting priority deliveries, wherein users can pay extra to get orders delivered faster. The extra charge for...
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LTIMindtree Q4 profit falls 1.2%, revenue edges up
IT services company LTIMindtree reported a consolidated net profit of Rs 1,100 crore for the March quarter, down 1% year-on-year (YoY). The profit...
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PhonePe retreats from ecommerce on ONDC; Good Glamm versus IAN
PhonePe has returned to the drawing board to review its ecommerce strategy. This and more in today’s ETtech Top 5.
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Financial credit a challenge for almost half of women entrepreneurs in MSMEs: report
A ‘Bharat Women Aspiration Index Report’ by Tide India reveals a critical gap: 95% of surveyed women lack awareness of government schemes that...
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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.
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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...