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ET Telecom News
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Microsoft races past $4 trillion valuation after solid results
"It is in the process of becoming more of a cloud infrastructure business and a leader in enterprise AI, doing so very profitably and cash generatively despite the heavy AI capital expenditures," said Gerrit Smit, lead portfolio manager, Stonehage Fleming Global Best Ideas Equity Fund.
ET Auto News
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JLR CEO Adrian Mardell to retire after transformative three-year tenure
Under his leadership, JLR returned to profitability, driven by strong global demand for its high-margin models, notably the Defender and the Range Rover.
ET BrandEquity News
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Flipkart launches ‘InvoiSIS - a playful new way to rethink Rakhi gifting
Flipkart celebrated Raksha Bandhan with InvoiSIS, a Rakhi invoice generator. It acknowledged sisters' contributions. The campaign, conceptualized by DDB Mudra Group, featured culturally relevant content. CA Rachana Ranade collaborated on the project. Sisters could create invoices and link Flipkart wishlists. The initiative aimed to promote thoughtful gifting. It moved beyond transactional exchanges. The campaign combined humor and relatability.
ETCFO News
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Government examining impact of US tariff, will take necessary steps to safeguard national interest: Piyush Goyal tells Parliament
The government told the Parliament on Thursday that US President Donald Trump has announced a reciprocal tariff on Indian goods, and it is examining the impact of the recent events and will take all necessary steps to safeguard national interest.
ETHRWorld News
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Embassy REIT appoints Amit Shetty as CEO
Shetty currently serves as Chief Operating Officer of Embassy REIT and has been a pivotal figure in the REIT’s journey since 2021. Prior to joining Embassy REIT, he held leadership roles at CBRE for 14 years. As CEO, Shetty succeeds Ritwik Bhattacharjee, who will transition to the role of Senior Advisor to the REIT.
ET CIO News
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Bengaluru techie held for Rs 379 crore crypto theft in his company
Bengaluru police have arrested Rahul Agarwal, a CoinDCX software engineer, in connection with a Rs 379 crore cryptocurrency theft. Hackers allegedly exploited his login credentials to compromise confidential financial processes. An internal investigation revealed that Agarwal's laptop security was breached, enabling the unauthorized transfer of $44 million to multiple wallets.
