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The Latest Breaking News from The Economic Times

US IPO: Honeywell's Quantinuum eyes $12.7 billion in initial public offering valuation. Check symbol in Nasdaq

Quantinuum, formed in 2021 after a separation from Honeywell and a merger with Cambridge Quantum, is chaired by the industrial giant's ‌CEO, Vimal Kapur, and led by Intel veteran Rajeeb Hazra.

The Economic Times

Advent, ADIA-backed gas engine maker Innio targets $20.3 billion valuation in US IPO

Gas engine manufacturer Innio said on Tuesday it was targeting a valuation of up to $20.25 billion in its U.S. initial public offering, as it looks to tap investor appetite for companies powering the AI boom.

The Economic Times

NSDC, Fourth Valley partner to strengthen workforce mobility avenues for Indian talent in Japan

India's National Skill Development Corporation has partnered with Japan's Fourth Valley Concierge Corporation. This collaboration aims to boost job opportunities for Indian professionals in Japan. A credibility check framework will ensure transparency and trust for Japanese employers. This initiative supports the goal of sending 50,000 skilled Indian workers to Japan…

The Economic Times

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I Squared bets on AI inference with $225 million data centre buy from Cogent

Investment manager I Squared Capital has acquired 10 data centre facilities from Cogent Fiber for $225 million. This move signals a significant investment in AI infrastructure. I Squared Capital plans to inject an additional $1 billion for upgrades and expansions. The deal focuses on data centres closer to end-users, crucial…

The Economic Times

Quote of the day by Johnny Depp: 'Laugh as much as you breathe and love...' Life lessons on relationships, happiness and affection by renowned American actor and musician

Quote of the day by Johnny Depp highlights the importance of happiness, love and human connection through the line, “Laugh as much as you breathe and love as long as you live.” The quote explains how laughter and affection shape daily life. The saying also connects with Johnny Depp’s career,…

The Economic Times

Brainbees Solutions Q4 Results: Firstcry parent narrows YoY loss to Rs 30 crore on 12% revenue uptick

Brainbees Solutions, Firstcry’s parent, narrowed its Q4FY26 net loss to Rs 30.30 crore, reporting a strong 12% revenue growth to Rs 2,163 crore. The company remained PAT and Free Cash Flow positive for FY26. Discover wellness memberships at [link removed].

The Economic Times

China's Xiaomi Q1 profit sinks 43% on higher memory chip costs

Xiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investing heavily in electric vehicles and AI for new growth. Its EV business revenue increased but operations related to new initiatives incurred losses. Smartphone shipments declined, impacting revenue and margins.…

The Economic Times

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German Proverb of the Day: 'The woman chooses the music, but the man still thinks…’ This sharp relationship saying reveals the secret power females often hold without saying a word

Proverb of the day: Unlike much modern advice, proverbs rarely feel overly preachy. They leave space for interpretation, reflection and personal meaning. One person may read the saying and think about modern dating culture, while another may find a lesson about leadership, communication or human ego.

The Economic Times

Saatvik Green Energy bags Rs 171-cr solar modules supply order

Saatvik Green Energy has secured a significant order worth Rs 171.45 crore. The company will supply advanced solar modules for a major utility-scale solar project. These modules utilize the latest TOPCon Bifacial Glass-Glass technology. This technology generates power from both sides of the panel. It promises increased energy output.

The Economic Times

Irdai asks insurers to link pay packages of senior executives to customer-centric metrics

The Insurance Regulatory and Development Authority of India (Irdai) has made amendments to the IRDAI (Corporate Governance for Insurers) Regulations, 2024.

The Economic Times

Quote of the Day by Metaphysical poet Andrew Marvell: 'Thus, though we cannot make our sun stand still...'- The Garden's poet timeless reminder that time never stops, so love and life should not wait

Andrew Marvell's enduring line, "Thus, though we cannot make our sun stand still, yet we will make him run," from 'To His Coy Mistress' reminds us that time is relentless. The poem urges readers to embrace life passionately and fully, rather than succumbing to fear and hesitation, as opportunities and…

The Economic Times

Final May 2026 Social Security payment: Which SSA retirees, SSDI and survivor beneficiaries get up to $5,181 deposits Wednesday?

Millions of retirees, disability recipients, and survivors await the last Social Security payment of May — but only a specific group qualifies for the May 27 deposit. The SSA will send retirement, SSDI, and survivor benefits to eligible beneficiaries born between the 21st and 31st. Some high earners may receive…

The Economic Times

IAF introduces GATE-based scheme for officer recruitment, bypasses AFCAT exam

IAF is now accepting GATE scores for induction into its Technical Branch under a new officers’ entry scheme. Eligible candidates with valid GATE scores will be directly shortlisted for Air Force Selection Board testing based on merit, bypassing the preliminary written exam. The AFCAT will continue for other branches. The…

The Economic Times

Mumbai executive reveals adult website ad experiment after Meta ads became expensive

A Mumbai marketing executive has revealed that his company experimented with running advertisements on adult websites after rising costs on Meta platforms. While the ads delivered strong impressions and clicks at a fraction of the price, initial conversions were low. A later shift in product positioning based on user timing…

The Economic Times

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Par panel summons Education Ministry officials, CBSE chief on Jun 2 to review NEET, OSM

A parliamentary panel will meet Union Education Ministry and CBSE officials on June 2. They will review the On-Screen Marking system for Class 12 exams. Issues faced by students after results will also be discussed. The implementation of the three-language formula in Classes 9 and 10 is on the agenda.

The Economic Times

Chinese proverb of the day: 'The master leads you to the door, but cultivation depends on...' - life lessons on self-discipline, effort, self-driven learning and why mentors can guide but not guarantee success

Chinese proverb of the day: Guidance opens doors, but true mastery hinges on personal effort and self-discipline. A Chinese proverb emphasizes that while teachers provide direction, individuals must actively practice and commit to their own growth. This self-driven learning, fueled by consistent effort, is crucial for achieving lasting success in…

The Economic Times

Tata Sons board meet concludes in Mumbai

Tata Sons gathered its board in Mumbai for critical deliberations, although Chairman N Chandrasekaran chose not to address the press. Key discussions revolved around the performance issues faced by group companies, compounded by concerns about leadership transitions. The company is grappling with significant losses in its newer projects, alongside challenges…

The Economic Times

Delhi Traffic Police trials ‘AC helmets’ to help cops beat summer heat

Delhi Traffic Police is testing AC helmets to combat the summer heat. This initiative is part of a larger effort to support personnel. Refrigerated vans and portable fans are also being deployed. The pilot project aims to provide comfort to officers working long hours on the roads. Feedback is being…

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The Economic Times

Quote of the Day: Robert Kirby on patience, courage and beating the market

Legendary investor Robert Kirby stresses that beating the market demands perspective, patience, and courage. These qualities are crucial for navigating market cycles and volatility. Long-term wealth creation depends on emotional discipline and consistency. Investors must focus on the journey, not just opportunities.

The Economic Times

This 17-year-old was told his IQ was too low; then he revealed he speaks 3 languages - responses he got leaves everyone speechless

The 17-year-old once believed a “low IQ” score had already decided his future. Then he revealed he speaks English, Spanish, and German fluently. The internet fell silent. Experts now warn that autism, ADHD, executive dysfunction, and neurodivergent traits are often misunderstood in traditional IQ testing. Modern careers increasingly reward focus,…

The Economic Times

Nearly 1.46 lakh AI-hallucinated references entered scientific papers in 2025: Study

A surge in AI-generated hallucinated citations has infiltrated scientific literature, with over 146,000 fabricated references appearing in 2025 alone. Studies reveal these fake citations are bypassing peer review and appearing in published journals, disproportionately affecting less experienced authors and solo researchers. Safeguards are proving inadequate, raising concerns about the integrity…

The Economic Times

'India more diversified:' Sebi chief Tuhin Kanta Pandey comments on Taiwan's market ascent

SEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and the AI boom, Taiwan's market is concentrated, while India's capital spans broad economic sectors.

The Economic Times

Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDA

In a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and grievance redressal. Insurers must now publicly disclose detailed data on claim timelines, complaint handling, and product performance, empowering policyholders to make informed decisions beyond just premiums.

The Economic Times

NEET protests rock MCD House; chaos forces repeated adjournments

Delhi Municipal Corporation House meetings faced chaos. AAP and Congress councillors protested, disrupting proceedings. The NEET paper leak and issues with the BJP-led Centre were central to the demonstrations. Several agenda items were postponed due to the disruptions. The Mayor accused AAP of creating disorder. Development funds were released for…

The Economic Times

114 Rafale jets deal moves ahead as India finalises LoR for France: Report

India is nearing a significant defence deal with France for 114 Rafale fighter jets, with a Letter of Request expected soon. This acquisition aims to bolster the Indian Air Force's capabilities, with a substantial portion to be manufactured domestically. The deal, estimated at ₹3.25 lakh crore, is a crucial step…

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