Tag: investment

While the CEO downplayed the likelihood of finalizing the agreement, both companies remain committed to advancing AI development together. (AFP)
Posted in Business

Nvidia pauses ambitious 100-billion-dollar investment in OpenAI amid ‘internal concerns’: Report| Business News

Nvidia’s proposal to invest as much as 100 billion dollars in OpenAI has been put on hold after concerns were raised internally at the chipmaker…

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Procurement-tech firm 1Buy.ai raises Rs 32 crore led by 100 Unicorns
Posted in Startups

Procurement-tech firm 1Buy.ai raises Rs 32 crore led by 100 Unicorns

Procurement technology startup 1Buy.ai , founded by Visham Sikand of Goals101 fame and Nitin Jain, cofounder of OfBusiness, has raised Rs 32.5 crore in its…

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Shadowfax raises Rs 850 crore from anchor investors ahead of IPO
Posted in Startups

Shadowfax raises Rs 850 crore from anchor investors ahead of IPO

New-age logistics firm Shadowfax Technologies has raised around Rs 850 crore from anchor investors ahead of its initial public offering (IPO), which opens for subscription…

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Asset management firm State Street invests $65 million in Groww AMC
Posted in Startups

Asset management firm State Street invests $65 million in Groww AMC

Global asset manager State Street Investment Management has invested $65 million (about Rs 580 crore) in Groww Asset Management Company (AMC). State Street may end…

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Atomberg’s FY25 revenues rise 20% to Rs 958 crore, losses narrow
Posted in Startups

Atomberg’s FY25 revenues rise 20% to Rs 958 crore, losses narrow

Consumer appliances maker Atomberg Technologies’ operating revenues grew in the fiscal year that ended on March 2025, while its losses narrowed, according to filings with…

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Image for Trump administration to inject up to $150 million into XLight: Report
Posted in Startups

Trump administration to inject up to $150 million into XLight: Report

Synopsis The newspaper said the Trump administration will inject up to $150 million into the company. The Trump administration has agreed to take an equity…

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Minister of Electronics and Information Technology Ashwini Vaishnaw said that early scepticism about India’s electronics ambitions had been dispelled. (HT File Photo/Sanjeev Verma)
Posted in Business

Govt clears 17 projects to boost production of electronic goods| Business News

NEW DELHI: The ministry of electronics and information technology (MeitY) on Monday cleared 17 projects, with a cumulative investment of ₹7,172 crore, in the second…

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Blackstone, SoftBank said in talks for stakes in India cloud startup Neysa
Posted in Startups

Blackstone, SoftBank said in talks for stakes in India cloud startup Neysa

Blackstone and SoftBank Group are in early talks to buy stakes in Neysa Networks, an Indian cloud infrastructure startup, according to people familiar with the…

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India Maritime Week expects participation from over 100 countries, over 1,00,000 delegates, over 200 speakers, (X/PIB_Panaji)
Posted in Business

Goa’s Mormugao Port plans MoUs for ₹3,000 crore investment at Maritime Week| Business News

PANAJI: The Goa-based Mormugao Port Authority (MPA) on Wednesday said it expects to sign about 24 agreements for investments worth ₹3,000 crore at the upcoming India…

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ET logo
Posted in Economy

General govt capex-to-GDP likely to stay around 5% in FY26, lower than FY25P and FY24 peak: Report

The general government capital expenditure (capex) as a share of GDP in FY26 is likely to remain around 5 per cent, which is lower than…

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