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Walmart pays $3.5Bn to buy out existing Flipkart shareholders, increases stake to over 80%

In a strategic move, American retail giant Walmart revealed that it has…

Tesla unveils refreshed Model 3 with longer range and sleeker design

Elon Musk’s EV maker Tesla has introduced a revamped version of its…

Amazon announces logistics partnership with Indian Railways and India Post

In a move that would significantly boost Amazon’s already large logistics footprint…

Reliance to debut 5G wireless hotspot device ‘Jio AirFiber’ next month, announces Jio True5G Lab & more at 46th AGM

Reliance Industries Limited, led by Mukesh Ambani, once again made big Jio-centric…

China’s Didi is selling its smart EV business to Xpeng for $744Mn

In a significant development within the Chinese electric vehicle (EV) landscape, Xpeng…

Sony is acquiring ‘Audeze’, makers of speciality headphones for gamers and recording professionals

Days after it announced its new portable Playstation model along with a…

Microsoft restructures Activision deal, to sell Activision cloud gaming rights to Ubisoft as it looks for UK approval

In a massive change, Microsoft has restructured the proposed deal to acquire…

British chipmaker ARM files for Nasdaq IPO, expected to be the biggest this year

British chip designer Arm, owned by Japanese behemoth Softbank, has officially filed…
Tesla Model S

Tesla introduces new lower-cost, trimmed down Model S and X variants

With perhaps a focus outside the US to more affordable, emerging markets,…

‘Make in India’ initiative yields 2 billion domestically assembled phone shipments during 2014-22

In the pursuit of self-sufficiency in mobile phone assembly, India has witnessed…

Ola Electric’s operating revenue, loss, widen in FY22, parent ’Ola’ reports widening net loss

Ola Electric, headed by Bhavish Aggarwal, has experienced a substantial surge in…

Amazon reportedly exploring anchor investor role in Arm’s upcoming IPO

Amazon is reportedly in advanced discussions to become a cornerstone investor in…

Saudi Arabia’s PIF’s investments in SoftBank Vision Fund, other tech bets lead to $15.6Bn loss in 2022

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), recorded a…

Apple revenue drops 1% in Q3 2023, iPhone sales decline but services revenue keeps up

Apple’s revenue for fiscal Q3 2023 marked a drop for the third…
Zomato

Zomato reports first quarterly profit, revenue jumps 54% YoY to reach ₹2786 crore

Zomato reported its Q1’24 earnings today, with the headline being the company…

IBC signs $1Bn investment pact to set up battery facility in Indian state of Karnataka

International Battery Company (IBC) has signed an investment contract with the government…

Walmart pays $1.4Bn to buy Tiger Global’s Flipkart stake, valuing Flipkart at $35Bn

Earlier this year, investment firm Tiger Global was contemplating divesting its stake…

AMD to invest $400Mn in India, set up its largest design center in Bengaluru

India’s ambitions to carve a greater piece of the semiconductor got another…

Microsoft’s revenue for Q4 FY23 shows modest rise amid AI costs, stock takes a hit

Microsoft’s recent push into the AI sector had done wonders for its…