The Economic Time
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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...
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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...
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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...
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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.
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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...
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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.
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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...
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Razorpay announces 'UPI Switch' in partnership with Airtel Payments Bank
Razorpay and Airtel Payments Bank launched UPI Switch for efficient transactions, boosting success rates by 4-5%. The solution handles up to 10,000...
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India leads in GenAI adoption, investment trends likely to rise in coming years: report
India leads in GenAI adoption, expecting increased investments. Data processing concerns persist, but conversational data search capabilities are...
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Brazil judge gives X five days to explain alleged non-compliance with court ruling
Brazil's Supreme Court probes X's compliance with blocking orders, involving Musk, amid accusations of spreading fake news and a coup attempt. X...