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The Competition Commission of India (CCI) on Friday said it has granted its approval for the stake acquisition in climate technologies' business of Emerson Electric Co by BCP Emerald Aggregator LP. BCP Emerald Aggregator LP is an affiliate…

Flipkart cofounder Binny Bansal is in talks to invest about $100-150 million in PhonePe as part of an ongoing financing round at the digital payments company, people in the know said. The transaction, if it goes through, will be among the…

2022 was a watershed year for India’s space sector. The country launched its first private rocket and placed private satellites in orbit. The significance of these developments becomes profound as we understand the context more figuratively…

The banking and financial services (BFS) sector is likely to drag down overall growth in tech spending next year, due to inflation, a slowdown in major geographies like the United States and Europe, and increased insourcing by financial…

Walmart-owned homegrown ecommerce marketplace Flipkart is likely to facilitate a $700 million employee stock buyback as part of digital payments platform PhonePe’s new financing round, multiple sources briefed on the matter told ET. The…

Walmart-owned Flipkart, which is known for regularly buying back employee stock options, is likely to execute the mother of all buybacks – a $700 million liquidity event – as part of a huge funding round by PhonePe, sources told us.Also in…

Days after a successful maiden launch of their rocket Vikra m-S, India’s first privately built rocket, founders of startup Skyroot Aerospace spoke to ETabout the company’s business plans. The suborbital flight marked the entry of the…

Indonesia's biggest tech firm PT GoTo Gojek Tokopedia Tbk said on Friday it was laying off 1,300 workers, or 12% of its workforce, joining a wave of technology firms retrenching after years of rapid hiring due to an uncertain economic…

The Ghani Institute of Cricket (GIC) will be up against the Malaysian Crescents (MC) in the third match of the Malaysia One-Day Tri Series at the UKM Cricket Oval in Bangi on Wednesday, November 16. Ahead of the match, here's everything…

US retailer Walmart saw its international sales increase by 13% in the third quarter, aided by Flipkart's flagship festive sale, Big Billion Days. Walmart, in its quarterly earnings call for the September quarter, said its international…