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The Latest Breaking News from ET

Kerala Lottery Samrudhi SM-55 result out today (17-05-2026); Rs 1 crore prize winning number and full list here

Kerala lottery results today: The official results for the Kerala Lottery Samrudhi SM-55 are out, offering participants a chance to win prizes ranging from a ₹1 crore jackpot to smaller consolations. The weekly draw features multiple prize tiers, with details on how to check winning numbers and claim prizes available…

The Economic Times

Nogaland Lottery Sambad Result out today (16-05-2026): Check Rs 1 crore prize winning number and full list

The Nagaland State Lottery Sambad DEAR VISION Morning draw for May 16, 2026, has announced its winning numbers. A ticket holder secured the Rs 1 crore first prize with number 99L 02659. The lottery, known for its affordability and transparency, offers daily draws with various prize tiers.

The Economic Times

Kerala Lottery Karunya KR-754 result out today (16-05-2026); Rs 1 crore prize winning number and full list here

The Karunya KR-754 lottery results are announced today at 3 PM. Ticket holders can check their numbers for a chance to win prizes. The top prize is a ₹1 crore jackpot. Other prizes include ₹25 lakh and ₹10 lakh. Smaller prizes are also available. Winners can claim their prizes from…

The Economic Times

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A Secret Lives Of Mormon Wives: OC Star Got Very Real About Why She Joined The Show: 'My Not PR Answer Would Be...'

I wasn't expecting this!

Cinemablend

Flipkart puts IPO on ice; Rapido's $240 million raise

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.

The Economic Times

Flipkart pauses IPO discussions amid rising volatility in markets

Walmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowded pipeline of upcoming public issues. This decision follows similar postponements by other major tech firms, as Flipkart focuses on aggressive investment in its quick commerce arm, Flipkart Minutes, to drive growth amidst stagnating e-commerce…

The Economic Times

PE firm Lightrock launches $500 million fund for companies focused on energy transition, EVs

London's Lightrock has launched a $500 million fund, Accelerate7, to scale energy access and clean cooking firms in South Asia, Southeast Asia, and Sub-Saharan Africa. Investing $10-50 million in growth-stage companies, the fund targets electricity, clean cooking, electric mobility, and energy storage, backed by major energy players.

The Economic Times

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Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billion

Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is part of a larger $730 million round and will be used to expand markets, grow its captain network, and enhance technology.

The Economic Times

D2C brands feel the pinch as consumers cut spending

Rising input costs and shrinking demand are squeezing smaller brands, with consumer spending projected to drop 5-6% next quarter. D2C brands face pressure as inflation and a weakening rupee push consumers towards essential purchases, impacting discretionary spending and average order values. Companies are absorbing costs or planning price hikes up…

The Economic Times

After mass layoffs, Oracle pulls campus offers at IITs & NITs

US tech giant Oracle has rescinded dozens of job offers extended to students at premier Indian engineering institutes, including IITs and NITs. This development, impacting both full-time and internship roles, has caused major anxiety among students as the placement season nears its end amidst a slow tech hiring market.

The Economic Times

Florence Pugh Gets Real About Releasing Avengers: Doomsday And Dune: Part Three On The Same Day After Taking A Lot Of Time Off

It's Pugh's world, and we're all just living in it.

Cinemablend

Uber to add two new tech centres in India: CEO Dara Khosrowshahi at Bengaluru townhall

Uber CEO Dara Khosrowshahi announced plans for two new tech centers in Bengaluru and Hyderabad by the end of 2027, significantly expanding its India footprint. The company is also prioritising its two-wheeler market, which has become a key growth segment despite regulatory hurdles and rising fuel prices.

The Economic Times

An ancient warning hangs over the Trump-Xi summit bonhomie

Chinese President Xi Jinping invoked the "Thucydides trap" at his summit with US President Donald Trump, highlighting the risk of war between a rising and established superpower. The meeting aimed to manage escalating tensions amid trade disputes, Taiwan's status, and technological rivalry, acknowledging that competition must be controlled to avoid…

The Economic Times

Zydus Lifesciences shares jump 6% on buyback buzz; co announces $166 mn Assertio acquisition

Zydus Lifesciences shares witnessed a spike on Thursday after the company said its board will meet on May 19 to consider a share buyback. The stock also gained momentum as Zydus announced a $166 million acquisition of US-based Assertio. Investor sentiment improved on expectations of capital return and strategic business…

The Economic Times

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The Economic Times

Ex-Peak XV trio raises Mettle; Fintechs go licence hunting

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch.

The Economic Times

Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fund aims to raise $350-400 million. Mettle Capital will invest in Indian startups at Series A and B stages, with selective seed bets. The fund plans to close its fundraising…

The Economic Times

Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

The Economic Times

For Meta AI, India tops the global charts: Will Cathcart

India leads globally in Meta AI's monthly active users on WhatsApp, with conversations surging post-Muse Spark launch. To enhance privacy, WhatsApp is introducing an 'incognito mode' for AI chats, allowing users to interact without sharing personal data, though this impacts model training.

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The Economic Times

Activate picks stake in ElevenLabs in first global growth-stage AI bet

Venture capital firm Activate has made its first global growth-stage AI investment in ElevenLabs. This New York-based voice AI company considers India a key market. Activate will partner with ElevenLabs in India to strengthen enterprise relationships and offer early-stage Indian startups access to its voice infrastructure. ElevenLabs is experiencing rapid…

The Economic Times

Mphasis playing host to a high-stakes game of executive musical chairs

Mphasis faces a wave of senior executive departures. Over a dozen high-performing leaders have left since 2025 for competitors such as Coforge and Tenarai. Some executives are reportedly taking other talent with them. Mphasis is actively hiring to counter these losses. The company has also initiated legal action against Coforge…

Sports Illustrated

Everything We Know About the 2026 College Football Schedule

Here’s everything we know about the 2026 college football schedule so far, including kickoff times and “College GameDay” sites.

The Economic Times

Uber's India data centre bet; Cyber cover meets AI risk

Uber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.

The Economic Times

Ixigo launches fully AI-native app and assistant, introduces agentic travel features

Travel platform ixigo has launched an AI-native app designed for seamless travel discovery, decision-making, and booking through natural voice interactions. The upgraded app features an AI travel assistant, TARA, offering hyper-personalized recommendations and handling complex queries.

The Economic Times

Dhan parent enters insurance broking with GreenLife Insurance acquisition

Raise Financial, parent of stock trading platform Dhan, has acquired GreenLife Insurance for approximately $15 million in a cash and stock deal. This strategic move aims to build a direct consumer and insurance distribution business, leveraging GreenLife's decade-long expertise.

The Economic Times

Groww investors reap bumper returns; Lightspeed’s India rethink

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch.

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