But India now faces a critical moment. Forces such as climate volatility, surging energy demand, and the urgent need for reliable and universal access are forcing us to rethink every aspect of how we generate, deliver, and use…
Billions of dollars from such firms are now flowing toward electric utilities in places including New Mexico, Texas, Wisconsin and Minnesota that deliver power to more than 150 million customers across millions of miles of power lines.
“The reason is very simple: because there’s a lot of…
A group of investors including private equity firm Silver Lake, Saudi Arabia’s PIF and Jared Kushner’s Affinity Partners could unveil a deal for the publisher as soon as next week, the sources said on Friday. If it goes through, the deal would mark the largest ever leveraged buyout in history.
Shares of EA were up more than 15% in afternoon…
Plazza will use the funds to expand its product range and increase its store footprint in Bengaluru. Currently, it has one store in the city and will add two more this year.
While Plazza…
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ETtech Exclusive: RBI orders BNPL firm Simpl to halt payment services: The Reserve Bank of India (RBI) has asked Bengaluru-based fintech startup Simpl to halt all payment operations. In a letter dated September 25, a copy of which was reviewed by ET, the central bank stated: “The entity is directed to immediately stop the business of payment systems carried out by involving functions of…
Tesco’s Sumit Mitra, who was earlier working at…
“The entity is directed to immediately stop the business of payment systems carried out by involving functions of payment, clearing, and settlement,” according to a letter dated September 25, as reported by ET, which first reported the development.
This action against Simpl reflects a broader regulatory crackdown on the buy-now-pay-later (BNPL)…
The Temasek-backed firm saw its operating revenue increase 12% to Rs 3,010 crore during the financial year ended 31 March 2025, from Rs 2,675 crore in 2023-24. Total expenses stood at Rs 2,671 crore in FY25, compared to Rs 3,853 crore a year ago.
On July 29, ET had reported that the firm is operating at an annual…
Karthik Ramakrishnan, a 13-year veteran of Amazon, is stepping down, according to internal communications reviewed by Reuters. It could not be learned if he had another job lined up and Ramakrishnan did not respond to a request for comment.
Artificial general intelligence, or AGI, is technology being developed that researchers believe could one day…
The two investors are among several high-profile backers in early talks to fund the world’s largest stablecoin issuer in its biggest capital raise yet, the report said.
Tether has solidified its position as a dominant player in the stablecoin market, offering cryptocurrencies pegged to traditional currencies to…
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