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The Latest Breaking News from ET

Carnegie Fonder questions Persistent Systems' Nagarro acquisition, cites growth concerns

In an open letter on professional networking website LinkedIn, portfolio manager Gunnar Pahlson questioned the logic of paying a 140% premium for a slower-growing, lower-margin European business exposed to cyclical industrial and automotive clients, including accounts tied to Lufthansa and Volkswagen.

The Economic Times

ETtech Explainer: Has Swiggy become Indian-owned after a drop in foreign ownership?

The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving margins and supply chain control. However, while the foreign shareholding in the company has dropped to less than half, Swiggy has not yet achieved IOCC status.

The Economic Times

Why AI literacy is the most important skill for students entering the job market

Employers now expect AI-ready graduates. This article explores why AI literacy is essential for students and how ET Masterclass's new program bridges the classroom-to-career skills gap.

The Economic Times

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The new rules of brand authority: Why credibility matters more than ever

Building a recognised brand takes more than reach. As organisations compete for the attention of business leaders, trusted platforms and meaningful engagement are becoming central to long-term brand authority.

The Economic Times

Dream Sports CTO Amit Sharma steps down after a decade to launch AI venture

Dream Sports CTO Amit Sharma is stepping down after nearly a decade to build an AI venture. A former Netflix and Yahoo executive, Sharma joined the company in 2016 and helped scale Dream11's technology and engineering teams as the sports-tech platform expanded. The move also comes just days after Dream…

The Economic Times

Google to plant its AI flag in India: What it means for the country

In a major shift for India's AI ecosystem, Google Cloud is bringing its latest Gemini AI models to infrastructure located within the country, allowing enterprises to keep both their data and AI processing in India. The move is driven by growing demand for digital sovereignty and marks India's emergence as…

The Economic Times

CCI clears UpGrad-Unacademy merger, paving way for major edtech consolidation

The Competition Commission of India’s (CCI) approval comes two months after the higher education and upskilling company and the SoftBank- and Peak XV Partners-backed test-prep startup sought antitrust clearance for the deal.

The Economic Times

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Swiggy becomes majority Indian-owned as foreign shareholding drops below 50%

The shift is significant for the food delivery and quick commerce major. In May, its shareholders had failed to pass a resolution to classify it as an Indian-owned and controlled company (IOCC), a status that would let its quick commerce arm Instamart own inventory directly, improving margins and supply chain…

The Economic Times

India-Indonesia sign BrahMos, ASTRA deal; expand bilateral ties

Prime Minister Narendra Modi and Indonesian President Prabowo Subianto held talks to strengthen strategic ties. They have signed around eight agreements covering health, education, technology, and defense. India and Indonesia will seal a long-discussed BrahMos missile agreement, enhancing regional security. India will also support Indonesia in developing specific EVMs and…

The Economic Times

Cultfit files papers for Rs 3,500-4,000 crore IPO; fresh issue at Rs 950 crore

The IPO will comprise a fresh issue of shares worth Rs 950 crore and an offer for sale of up to 178.6 million shares by existing investors and individual shareholders, according to the DRHP. The total offer size will be finalised after the price band is set.

The Economic Times

Meesho, Dailyhunt investor B Capital closes $500 million early-stage fund

The new fund will invest mainly in seed, Series A, and Series B rounds across technology, healthcare, energy, and frontier technology companies in North America and Asia. B Capital said the vehicle will back companies developing next-generation technologies, with artificial intelligence becoming a core layer across sectors.

The Economic Times

'Treat EVs like gadgets': Tata Electric Mobility CCO Vivek Srivatsa on resale fears, Sierra EV, price parity with ICE and why Gen Z is the next big bet

In an exclusive interview with ET, Vivek Srivatsa, Chief Commercial Officer of Tata Passenger Electric Mobility, speaks about the Sierra EV's target audience, the resale value challenge, Battery-as-a-Service, Gen Zs as the next wave of buyers, and Tata's road to closing the price gap between EVs and their petrol equivalents.

The Economic Times

Suzuki subsidiary Next Bharat Ventures launches Rs 2,000 crore impact fund

Suzuki Motor Corporation's Next Bharat Ventures has launched a Rs 2,000 crore impact fund to back startups focused on rural and underserved communities in India. This initiative will support early-stage companies across key sectors like agriculture and financial inclusion, offering capital, mentorship, and market access. The fund aims to foster…

The Economic Times

July 2026 car offers: Tata, Honda, Kia, MG, Hyundai, Maruti and other brands roll out discounts; check model-wise deals

Car buyers can rejoice this July as major automakers like Tata Motors, Honda, Kia, and Maruti Suzuki are offering significant discounts. Savings can range from a few thousand rupees up to Rs 3.5 lakh on select models, including EVs and popular petrol/diesel variants. These attractive deals aim to boost sales…

The Economic Times

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The Guardian - UK

‘It was pretty depressing when Stranger Things ended’: Finn Wolfhard on growing up on TV – and his new life in music

The actor spent almost a decade fighting monsters – and making friends – on the hit Netflix show. Then, last year, it all came to an end. How’s he adjusting?

The Economic Times

Sachin Bansal-backed Navi plans Rs 3,000 crore IPO, to file papers with Sebi by March quarter

Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,000 crore. The IPO is likely to include a mix of fresh equity and an offer for sale, with the final structure yet to be decided.…

The Economic Times

Stocks in news: HDFC Bank, Vedanta Power, YES Bank, Sun Pharma, Waaree Energies

Indian markets surged for a third straight day, buoyed by global sentiment and strong performance from heavyweight stocks like HDFC Bank and YES Bank. Analysts note a technical breakout, though resistance looms. Several companies, including Dabur India and Vedanta Power, reported positive quarterly updates, while Tata Power withdrew a controversial…

The Economic Times

Rapid fashion delivery startup Klydo shuts down operations

Founded in September 2025 by former Udaan senior executives Pradeep Yadav and Ankit Agarwal, Klydo delivered clothing, accessories, footwear, and home and gifting products within 15 to 30 minutes in Bengaluru. It competed with startups like Knot, Zilo, and Slikk.

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The Economic Times

Orbital plans space data centres to power AI, seeks FCC clearance for 100,000 satellites

A US startup, Orbital, is looking to set up space-based data centres to meet the surging demand for AI computing power. The company aims to launch its first data centre satellite next year, with plans for 100,000 satellites in low Earth orbit to deliver 10 gigawatts of compute. Orbital plans…

Cinemablend

How Rocking That JLo Dress In Off Campus Actually Led To Mika Abdalla Meeting The 'On The Floor' Singer

How they got to "dance the night away."

The Economic Times

Adani Enterprises QIP gets nearly 4x bids, successfully raises Rs 15,000 crore

Adani Enterprises successfully raised ₹15,000 crore through a qualified institutional placement, attracting significant interest from both foreign investors like Capital Group and Goldman Sachs, and domestic mutual funds. The issue was oversubscribed nearly four times, with the funds earmarked for capital expenditure, debt repayment, and strategic growth initiatives. This successful…

The Economic Times

ETtech Explainer: Why Telegram and Signal are under the government's scanner over usernames

India's scrutiny of username-based messaging has widened from WhatsApp to Telegram and Signal over concerns around fraud, impersonation and user anonymity.

The Economic Times

India has got a $5 trillion sleeping giant: Can govt wake it up?

India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As pressure on the rupee and trade deficit mounts, the government is considering reviving the Gold Monetisation Scheme by involving jewellers to unlock idle gold and turn dormant…

The Economic Times

HCL Tech announces $1.14 billion AI partnership with European firm

Sources familiar with the matter told ET that the client is Mercedes-Benz, with HCLTech beating out Infosys, which was the incumbent vendor for the account. This comes as enterprises increasingly consolidate vendors, with tech spending budgets tightening amid tough macroeconomic and geopolitical conditions.

The Economic Times

Stocks in news: Marico, Adani Enterprises, Tata Motors PV, PB Fintech, PNB

Indian markets saw a second day of gains, with the Nifty reclaiming its 100-day moving average, signaling a bullish trend. Key companies like Marico, Tata Motors PV, and Adani Enterprises are in focus due to strong Q1 updates and fundraising plans. PNB and Bank of India reported significant credit growth,…

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