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Wipro merges two North American subsidiaries, liquidates Australian unit
London PE Finnest acquires majority stake in cloud kitchen firm Kitchens@
Urban Company logs profit before tax in April-June qtr; revenue up 38% YoY
Information Tech (IT)
Infosys settles insider trading charges with Sebi, agrees to pay Rs 25 lakh fine
IT firms chasing acquisitions to enhance their topline and skills
Trending Stories
Startups
LinkedIn cofounder's background-checking startup KarmaCheck raises $45 million
Urban Company makes Rs 282-283 crore revenue, pre-tax profit in Q1, says founder Bhal
Aris Infra plans to raise Rs 600-700 crore via IPO
Probe finds Byju’s failed investors but didn’t commit fraud
Tech Newsletters
Amazon has pumped Rs 600 crore in its local fintech unit Amazon Pay India. This and more today’s ETtech Top 5.
Tata’s online grocery BigBasket and epharmacy 1mg will largely depend on debt capital to fuel expansion this fiscal. More on this in today’s ETtech Morning Dispatch.
An investigation by the central government into Byju's cleared the edtech firm of financial fraud charges, according to a report by Bloomberg. The Ministry of Corporate Affairs, however, denied it on Wednesday evening. This and more in today's ETtech Top 5.
Funding
Agritech startup Two Brothers Organic Farms raises Rs 58.2 crore from Nithin Kamath’s Rainmatter
LinkedIn cofounder's background-checking startup KarmaCheck raises $45 million
London PE Finnest takes majority stake in cloud kitchen firm Kitchens@ with $160 million investment
Salesforce challenger Creatio raises $200 million, becomes 'unicorn'
Matter Motors raises Rs 82 crore from Japan Airlines & TransLink Innovation Fund, others
Tech & Internet
High taxes, selective bans drive 30% growth in illegal online gambling in India, says study
Synopsys will help Tata Electronics design custom chips
The Catalysts
Tech Bytes
Winning design: As Gen Z shoppers take fancy to Indian wear, venture investors look to stitch deals
Infosys cuts average bonus to 60% for Q4
Steep H-1B fee hike to burn a big hole in IT companies pockets
Tech Videos
Introducing 'Eye on AI': The Economic Times' brand new page on Artificial Intelligence
Surge in cybercrime raises alarm in Gujarat; Police appeal people to stay aware
UP's Kashi Vishwanath Temple introduces virtual reality Darshan for devotees
Apple bringing ChatGPT to iPhone in partnership with OpenAI; Musk threatens to ban Apple devices