Eternal, a prominent player in the Indian tech scene, reported a significant divergence in its Q1 financial results. While revenue surged by a remarkable 70%, driven primarily by the strong…
India's burgeoning tech sector is poised for significant growth, with projections indicating a substantial increase in Global Capability Centres (GCCs) by March 2028. A recent report forecasts over 2,100 GCCs…
India's government is planning to deploy AI-powered facial recognition technology at key railway stations nationwide. The primary goal is to identify and monitor registered sex offenders. This initiative leverages advanced…
India's Fastag electronic toll collection system, initially lauded for its efficiency, is experiencing slower-than-expected growth. The primary hurdle appears to be a limited range of applications beyond toll payments. While…
India's burgeoning tech scene is set to receive a significant boost. Millions of dollars in funding are earmarked for new high-tech incubators, poised to accelerate innovation and entrepreneurship across the…
A leading venture capital firm in the tech industry, known for its apolitical stance, recently faced a significant challenge to its carefully cultivated image. The firm, whose name isn't specified…
India's tech IPO market defied global economic uncertainty, experiencing a robust 45% surge in fundraising during the latest period. A total of Rs 45,350 crore was raised through initial public…
India's burgeoning semiconductor sector received a significant boost with the announcement that eight chip designs, created by students from various Indian Institutes of Technology (IITs), have been sent to fabrication…
Ride-hailing services in India saw a temporary reprieve this week as Uber and Ola cab drivers called off their planned strike. The operators agreed to a three-day suspension of their…
Byju's, the once-high-flying edtech giant, is facing renewed scrutiny. The investment firm Glas Trust has dismissed the company founders' threat of legal action for defamation as a diversionary tactic. Glas…
India's Enforcement Directorate (ED) has issued summons to tech giants Google and Meta, scheduling appearances for July 21st. The summons relate to an ongoing investigation into the alleged facilitation of…
The rise of artificial intelligence is transforming the job market, forcing professionals to adapt and upskill to remain competitive. A recent trend highlights mid-career professionals actively pursuing new skills to…
A prominent clothing technology entrepreneur faces serious legal trouble in the United States. Federal authorities have levied charges of a staggering $300 million fraud against the individual, whose identity has…
The tech industry's ongoing wave of layoffs continues, with giants Amazon and Intel announcing further job cuts. These reductions, despite both companies heavily investing in artificial intelligence, highlight a broader…
Paytm's investment in its financial services arm, Paytm Money, is undergoing a significant shift. The company is reportedly searching for a new chief executive officer to lead the platform into…
Amber Wings, a startup incubated at the Indian Institute of Technology Madras, has achieved a significant milestone in the drone delivery sector. The company recently received approval from the Directorate…
Ride-sharing giant Uber is making a significant investment in the electric vehicle (EV) sector. The company announced a $300 million investment in Lucid Group, a prominent luxury EV manufacturer. This…
India's burgeoning tech scene is poised for another significant leap, with artificial intelligence predicted to fuel the next wave of unicorn startups. The ET Soonicorns Summit 2025 highlighted this trend,…
Larsen & Toubro Technology Services (LTTS) reported a slight increase in its first-quarter profit, reaching ₹316 crore. This represents a modest gain compared to the previous quarter, indicating continued, albeit…
Ixigo, the popular Indian travel booking platform, has announced impressive financial results, showcasing significant growth. The company revealed a substantial 73% increase in revenue during the reporting period. This strong…