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The global Software-as-a-Service (SaaS) industry is experiencing one of its biggest valuation corrections in over a decade. After years of rapid expansion fueled by low interest rates, aggressive venture capital investments, and high-growth expectations, investors are now demanding sustainable profitability instead of growth at any cost. The ongoing SaaS valuation crash has significantly impacted public companies, startups, and venture capital funding, forcing businesses to r

The European Central Bank (ECB) has highlighted artificial intelligence (AI) investment as a significant factor supporting the eurozone economy, helping businesses navigate an environment marked by geopolitical tensions, global trade uncertainties, and slower economic growth. According to the ECB's latest economic assessment, companies across Europe are increasingly directing capital toward AI technologies, cloud computing, advanced software, and digital infrastructure instea

Mumbai, August 5, 2026 – In a significant leadership transition for India's gaming industry, Nazara Technologies Founder Nitish Mittersain has stepped down as Chief Executive Officer, handing over the role to Raymond A. Stauffer. The move marks a strategic shift as the company strengthens its focus on international expansion and long-term value creation. Mittersain, who founded Nazara Technologies in 1999, will continue to serve as the company's Founder and Managing Director.

Global pharmaceutical giants AstraZeneca and Bristol Myers Squibb are reportedly in preliminary discussions over a potential merger valued at approximately $400 billion, a deal that could become the largest pharmaceutical merger in history if successfully completed. The reported negotiations have attracted significant attention from investors, healthcare analysts, and regulatory authorities worldwide due to the scale of the proposed transaction and its potential impact on the

Amazon has officially become the world's largest company by revenue, ending Walmart's remarkable 12-year streak at the top of the Fortune Global 500 rankings. The achievement marks another milestone for the technology and e-commerce giant as it continues expanding its influence across multiple industries. The latest Fortune Global 500 report places Amazon in the number one position based on annual revenue, reflecting the company's sustained growth despite global economic unce

New Delhi, India: EdTech startup Sunstone has successfully raised $17.7 million in fresh funding, marking another significant milestone in its journey to transform India's higher education ecosystem. The investment comes at a time when funding in the EdTech sector has become increasingly selective, highlighting strong investor confidence in Sunstone's business model and long-term vision. The newly raised capital will primarily be used to expand the company's higher education

Hyderabad, India – A Tech Mahindra employee has alleged that he was unfairly terminated after taking leave to care for his seriously ill daughter, sparking protests outside the company's Hyderabad office. The incident has drawn significant attention on social media, raising concerns about employee welfare, workplace policies, and corporate responsibility. According to reports, the employee claimed that he had informed the company about his family emergency and requested leave

Goldcast co-founder Palash Soni has marked a major milestone in his entrepreneurial journey with the successful sale of the company in a $300 million acquisition. The deal highlights Goldcast's impressive growth in the B2B event technology space while also offering valuable insights for entrepreneurs building startups in today's competitive market. Rather than focusing solely on the financial success of the acquisition, Soni reflected on the principles that helped Goldcast gr

India's private space sector has reached another significant milestone as Pixxel, the Bengaluru-based space technology startup led by co-founder and CEO Awais Ahmed, secures a contract with NASA. The achievement not only reinforces Pixxel's position as a global leader in satellite technology but also highlights the remarkable journey of an entrepreneur who rose from humble beginnings in rural Karnataka to the international space industry. The milestone reflects India's growin

Founder-led companies continue to distinguish themselves in global markets, with analysts highlighting their ability to drive innovation, maintain strategic discipline, and create long-term shareholder value. As economic uncertainty, technological disruption, and shifting consumer demands reshape industries, businesses led by their founders are increasingly viewed as well-positioned to navigate change while sustaining competitive advantages. Companies including NVIDIA, Amazon

India's commercial space industry has reached a defining moment with Skyroot Aerospace's successful launch of Vikram-1, the country's first privately developed and launched orbital-class rocket. The achievement represents a significant advancement in India's rapidly evolving private space ecosystem and underscores the growing role of domestic aerospace startups in the global launch services market. Skyroot Aerospace Achieves Historic Milestone The mission, named Mission Aagam

At this week's NVIDIA GTC conference, Cohesity highlighted its expanding collaboration with NVIDIA, demonstrating how enterprises can unlock the full potential of artificial intelligence by securely connecting AI applications with existing enterprise data. The announcement focused on Cohesity Gaia, an AI-powered platform designed to help organizations access, search, and analyze business data without requiring complex infrastructure changes. Instead of creating duplicate data

MANILA, July 15, 2026 — Shares of First Gen Corporation climbed as much as 33% on Tuesday after reports that Indonesia's PT Barito Renewables Energy has made a $5 billion takeover proposal for Energy Development Corp. (EDC), one of Southeast Asia's largest geothermal power producers. The reported offer fueled strong buying interest in First Gen, the Philippine energy company that holds a controlling stake in EDC. Investors interpreted the potential transaction as a sign of ri

NTPC Approves ₹20,457 Crore New Delhi: In a major boost to India's energy infrastructure, NTPC Limited has approved an investment of ₹20,457 crore for the expansion of its thermal power generation capacity. The decision comes at a time when the country's electricity demand continues to rise, driven by rapid industrial growth, urbanization, and increasing digitalization. The investment underscores the government's commitment to ensuring a reliable and stable power supply while

Global WealthTech Funding Q2 2026 The global WealthTech sector experienced a significant slowdown in venture capital funding during the second quarter of 2026, reflecting a more cautious investment climate across the financial technology industry. Despite the overall decline in funding, U.S.-based WealthTech companies secured five of the ten largest investment deals worldwide, highlighting sustained investor confidence in AI-powered financial technology and digital wealth man

Wall Street M&A Boom The resurgence of mergers and acquisitions (M&A) on Wall Street is becoming one of the strongest indicators of renewed corporate confidence. After a period marked by higher interest rates and cautious investment decisions, major companies are once again pursuing strategic acquisitions to strengthen their market positions, expand into new sectors, and accelerate innovation. Investment bankers, private equity firms, and corporate executives are reporting in

AI healthcare startup Mykare.ai has raised $3.2 million in total funding to enhance its AI-native healthcare operating system and expand across global markets.

Schneider Electric's $3.1 billion acquisition of Cognite marks one of the largest industrial AI deals of the year, highlighting the growing role of artificial intelligence in automation, digital transformation, and enterprise innovation.

HCLTech has secured a $1.14 billion artificial intelligence (AI)-led contract from a Fortune Global 50 company, marking one of the largest AI-focused deals announced by an Indian IT services firm. The announcement boosted investor confidence, sending HCLTech shares up nearly 6% in early trading. The long-term agreement reflects the accelerating demand for AI-powered enterprise transformation as global organizations continue investing in automation, cloud modernization, and di

Persistent Systems acquires Nagarro Persistent Systems has announced an agreement to acquire German digital engineering company Nagarro SE in an all-cash transaction valued at approximately €1.1 billion, marking one of the largest overseas acquisitions by an Indian IT services company. The proposed acquisition, which offers Nagarro shareholders €81 per share in cash, represents a significant premium over the company's previous market valuation. The transaction is subject to c