Esop windfall: Groww IPO to unlock employee wealth worth Rs 2,500 crore
Posted in Startups

Esop windfall: Groww IPO to unlock employee wealth worth Rs 2,500 crore

The upcoming initial public offering (IPO) of online investment platform Groww is set to unlock employee wealth to the tune of Rs 2,400-2,500 crore, according…

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Groww IPO: We make so much money, we could keep it all — but that’s not how you build a 100-year-old company: CEO Lalit Keshre
Posted in Startups

Groww IPO: We make so much money, we could keep it all — but that’s not how you build a 100-year-old company: CEO Lalit Keshre

As Groww, the stock trading and wealth-tech platform, gears up for its public debut in November, cofounder and CEO Lalit Keshre says the listing is…

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An OpenAI IPO is not our focus, so we could not possibly have set a date, a spokesperson for the ChatGPT creator says. (Reuters)
Posted in Business

An OpenAI IPO at $1-trillion valuation? Sam Altman said to begin work for 2026 listing| Business News

OpenAI Inc. has started laying the groundwork for an IPO that could peg the ChatGPT creator’s valuaton at up to $1 trillion, setting the stage…

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Alphabet views its AI spending—from data centres and custom AI chips to research and talent—as critical for Google Cloud to compete against Amazon Web Services and Microsoft Azure. (Bloomberg)
Posted in Business

Google clocks first $100-billion quarter amid ‘full-stack approach to AI’| Business News

Google parent Alphabet Inc. has clocked its first $100-billion quarter as the company fired on all cylinders—Google Search, Google Cloud, YouTube and Google Gemini—underscoring the…

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Ola Electric Tech gets Rs 250 crore from Ola Cell Tech
Posted in Startups

Ola Electric Tech gets Rs 250 crore from Ola Cell Tech

Electric two-wheeler maker Ola Electric Mobility told the exchanges on Thursday that its manufacturing arm, Ola Electric Technologies (OET), is looking to raise Rs 250…

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Alphabet CEO Sundar Pichai. Google Search ads brought in $56.6 billion in sales in July-September, as “search instance share losses to ChatGPT have moderated”. (Bloomberg)
Posted in Business

Google Cloud, Gemini power Alphabet earnings as ‘AI now driving real business’| Business News

Alphabet Inc. sales topped quarterly Wall Street estimates, fueled by a surge in demand for its cloud and AI services. Shares rose as much as…

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Over 400 Indian startups powering $20 billion cybersecurity industry
Posted in Startups

Over 400 Indian startups powering $20 billion cybersecurity industry

India is rapidly emerging as a global cybersecurity hub, driven by more than 400 startups and a skilled workforce of over 6.5 lakh professionals, powering…

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Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP)
Posted in Business

Gold price rises amid conflicting views on more US Fed rate cuts in 2025| Business News

Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate…

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Louise Pentland, Chief Legal Officer and Executive Vice President for Legal and Government Relations, Adobe. (Official image)
Posted in Business

Adobe’s Louise Pentland| Business News

Artificial intelligence may be rewriting the rules of creativity, but Adobe’s legal compass still points toward one constant — trust. At a time when “AI-generated”…

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Groww announces IPO dates as regulatory uncertainty looms over stock brokers
Posted in Startups

Groww announces IPO dates as regulatory uncertainty looms over stock brokers

Online brokerage Groww will kick off one of the most anticipated public issues of the year in the first week of November. The issue will…

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