SOURCE CODE
Ather IPO’s late close; Freshworks’ Q1 boost
Ather Energy’s IPO was oversubscribed on the final day, driven by late interest from QIBs. This and more in today’s ETtech Top 5.
All filled with risk, but some also with rewards: 12 large- and mid-cap fertilizer stocks with a few potential winners
One sector where efforts at a clean-up have been taking longer than expected is the fertilizer sector. What started with the idea of a coating of neem on urea seems to be getting stuck with one or the other issue. The reality is that, as a sector, it has so many variables that any clean-up will take time. Are we close to an inflection point? The answer is in a grey area. But will it happen in another couple of years? Yes. And will every company get its act together? No.
Akshaya Tritiya 2025: Your gold jewellery costs more than price of gold; Check how jewellers calculate jewellery price
Akshaya Tritiya 2025: Selecting your favourite gold jewellery is easy. However, not many people are aware of how the jeweller makes the final calculations of your favourite gold jewellery piece. Read on to learn how calculations are made and the factors that affect the final bill for gold jewellery when purchasing gold this Akshaya Tritiya.
Meta's Zuckerberg chats with Microsoft CEO Satya Nadella at developer conference
Meta has launched a standalone AI app powered by Llama 4 to rival ChatGPT, integrating social media features like a Discover feed and voice mode. The app personalizes experiences using Facebook and Instagram data. At LlamaCon, Zuckerberg and Nadella discussed AI’s transformative potential and the long-term impact on productivity and society.
Trump sparks massive outrage over 'embarrassing' behaviour at Pope Francis's funeral. Here's what happened
Donald Trump and First Lady Melania Trump recently attended Pope Francis's funeral. But Donald Trump is facing criticism for his attire at Pope Francis's funeral in Rome. While world leaders, including his wife Melania and Ukrainian President Zelenskyy, wore black as per Catholic custom, Trump opted for a different outfit. This choice has sparked online outrage, with many deeming it disrespectful.
The groundwork before India mounts a strike at Pakistan
Following the Pahalgam terror attack, India is considering military action against Pakistan. The government is briefing foreign envoys and opposition leaders. Preliminary evidence linking Pakistan to the attack is being gathered. India is seeking international support before any potential strike. The military is prepared, but the timing of any action remains uncertain. The government will act at the right moment.
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The AI impact: Rethink, rework, reboot
Executives say the traditional relationship between headcount and revenue growth will no longer be linear as AI boosts employee productivity. AI is nudging the largest IT companies as well as the engineers, to go back to the drawing board and rethink skills and strategy. Prachi Verma, Himanshi Lohchab & Annapurna Roy decode
China’s DeepSeek ups AI stakes as R2 rumours fly fast
According to some reports in the Chinese media, DeepSeek R2, expected to be released this week, will be 97.3% cheaper than OpenAI's GPT-4o model and 100% trained on Huawei's Ascend 910B GPU cluster, establishing China's independence from American AI chips. Here's a look at what it will mean for the AI ecosystem
Gifts gone wrong: RBI rains on rich Indians' offshore parade
Rich Indian families face hurdles in gifting overseas wealth to their children. The Reserve Bank of India is scrutinizing the practice of gifting offshore investment sale proceeds to NRIs. This move impacts families using such gifts for purposes like EB-5 visas or property acquisition. The RBI's stance is based on regulations requiring repatriation or reinvestment of funds.
About one fourth of welfare funds for scheduled castes unutilised in 2024-25, lowest in a decade
In the 2024-25 financial year, about one-fourth of the funds allocated for the welfare of Scheduled Castes went unutilised, marking the lowest utilisation rate in a decade. Out of ?1.66 lakh crore earmarked, only 74.74% was utilised due to ministries' inability to identify targeted schemes and the imposition of the model code of conduct during parliamentary elections.
TDS on Rent: How to get a refund for excess TDS deducted from house rent payments? Here’s a step-by-step guide
TDS: If you are paying rent above Rs 50,000 then you need to deduct TDS at 2% rate from October 2024. But this rate of TDS was 5% earlier, hence in this confusion if you deducted a higher TDS then you have two options- either negotiate with your landlord or seek excess TDS refund from the income tax department through the TRACES portal. Read to know more.
From Mundra port to Pahalgam: Probe agency finds Rs 21,000 crore link between Gujarat and Kashmir terror attack
The NIA revealed to the Supreme Court that the Pahalgam terror attack is linked to Lashkar-e-Taiba's narco-trafficking, supported by Pakistan's ISI, aiming to fund operations and destabilize India by distributing narcotics. Security agencies have identified four suspected terrorists involved in the attack, which killed 28 tourists. Simultaneously, the Army foiled an infiltration attempt at the Line of Control in Baramulla.
Media closes the border to Pakistan cricket, entertainment
Following the Pahalgam attack, Indian media companies are cutting ties with Pakistani content. Sony and FanCode stopped broadcasting Pakistan Super League matches. Zee Entertainment removed Pakistani shows from its platforms. The Asia Cup's future is uncertain due to India-Pakistan match concerns. Release of Fawad Khan's film 'Abir Gulaal' faces opposition.
Peak XV’s new fund; Sebi’s bond crackdown
Happy Friday! Peak XV Partners is set to raise its new fund, first one after its split from Sequoia US. This and more in today’s ETtech Morning Dispatch
ED lens on Jaggi brothers; Flipkart begins India shift
Happy Tuesday! After a Sebi probe, Gensol Engineering is now on the Enforcement Directorate’s radar. This and more in today’s ETtech Morning Dispatch.
Next in Gensol crisis; No-go for China in India’s electronics
Lenders to Gensol are getting jittery as the company’s troubles compound. This and more in today’s ETtech Top 5.
Google faces trial in US bid to end search monopoly
The trial comes on the heels of a win in a Virginia court on Thursday where a judge ruled in a separate antitrust case that Google maintains an illegal monopoly in advertising technology. The outcome of the trial could fundamentally reshape the internet by unseating Google as the go-to portal for information online.
Tariff war threatens your job: These sectors will be impacted by Trump’s tariffs
The trade war isn’t just about geopolitics. It’s about your pay cheque, says Devashish Chakravarty.
Companies look to power up AI teams, build talent pipeline
Despite a sluggish job market, India Inc is heavily investing in AI talent, with companies like Accenture and NTT Data leading the charge. They are seeking professionals skilled in Agentic AI, foundation models, and responsible AI frameworks to reshape business models. This surge is fueled by the projected growth of India's generative AI sector, expected to reach $6.4 billion by 2030.
Apple iPhones get urgent iOS 18.4.1 update to fix actively exploited security bugs
Apple has announced the release of iOS 18.4.1, which is a security update for iPhones that debuted in 2018 and later. The update includes patches for two vulnerabilities considered to be high severity that were already exploited in some high profile attacks against prominent individuals. While the bugs were not widespread, users are highly recommended to update their devices to remove the potential threat. The update also fixes a CarPlay connectivity issue.
Infosys Q4 results; Sunscreen storm clears up
Infosys posted a drop in net profit for the March quarter. This and more in today’s ETtech Top 5.
Guns, Gangs & Instagram: How Delhi Police is turning reels into real leads
Delhi Police is combating gun culture on Instagram by using digital surveillance. Officers spend hours daily identifying accounts flaunting weapons and gang affiliations through hashtags and usernames. They map digital trails to real-world locations, conduct raids, and seize illegal firearms. The department is exploring AI to enhance detection and deactivate accounts glorifying gun violence.
OpenAI unveils technology that can 'reason' with images
Unlike early versions of its ChatGPT chatbot, these reasoning systems spend a significant amount of time "thinking" about a question before answering, rather than providing an instant response. The systems are part of a wider effort to build AI that can reason through complex tasks. Companies like Google, Meta and DeepSeek, a Chinese startup, are developing similar technologies.
To fix construction, demolition Bharat
India faces a growing crisis of construction and demolition waste, polluting cities and straining resources. New regulations mandate sustainable waste management for large building projects starting in 2026. Effective implementation requires infrastructure development, incentives for recycled materials, and a shift in public perception to embrace circularity and reduce illegal dumping.
MeitY Startup Hub throws open innovation challenge to build open-source consent systems for data protection law
The winning solution will be made available by the MeitY as a downloadable public good. It would help standardise consent handling practices India’s digital ecosystem.
PhonePe enables UPI Circle feature useful for delegated payments; Step-step-guide on how to use it
Unified Payment Interface (UPI) circle has been enabled by PhonePe. Sonika Chandra said, “UPI Circle is a step forward in extending the ease & convenience of digital payments for those who are underbanked and those new to the ecosystem. This can be a parent providing expenses to their college kids, authorizing payments on behalf of older parents who may be wary of digital payments or busy individuals who want to delegate household chores."
Tahawwur Rana being interrogated for 8-10 hours daily by NIA
Tahawwur Hussain Rana, a key figure in the 2008 Mumbai terror attacks, is being intensely questioned by India's National Investigation Agency. The NIA is probing a broader conspiracy behind the Lashkar-e-Taiba orchestrated attacks that killed 166. Rana is reportedly cooperating and has requested a pen, paper, and a Quran.
Bill Gates predicts AI will replace both blue-and white-collar jobs
In a podcast with Zerodha’s Nikhil Kamath, Bill Gates predicted that AI will replace both blue and white-collar jobs within 20 years, reducing labour shortages. He spoke of shorter work weeks and a rethink of time use. The interview also touched on tech leaders like Elon Musk and Mark Zyuckerberg and his memoir Source Code.
Trump says he will provide more information on semiconductor tariffs on Monday
President Trump announced he would provide an update on semiconductor tariffs. The Trump administration granted tariff exemptions for smartphones, computers, and other electronics imports, many sourced from China, shielding them from steep tariffs. The exemptions, retroactive to April 5, cover computers, laptops, semiconductor devices, memory chips, and flat panel displays, offering relief to major U.S. tech companies.
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