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Alphabet Inc. Chief Executive Officer Sundar Pichai is set to be called by Epic Games Inc. to testify in an antitrust trial over Google Play policies that could threaten billions of dollars in revenue generated by the app marketplace. Pichai and Epic’s CEO Tim Sweeney have been listed as witnesses in a trial scheduled to start Nov. 6 in San Francisco federal court over whether Google Play policies are unlawful and thwart competition, according to court filings. The high-stakes fight kicked off after Epic sued Alphabet’s Google in 2020 claiming that its app store’s distribution, payment and fee policies are unlawful.

Between January-August 2023, deals worth $1.2 billion were announced in the Indian EV (electric vehicle) ecosystem. That’s on track to overtake the funding announced during all of 2022, which saw 131 deals worth $1.9 billion, according to Tracxn, a data intelligence platform. The sector has witnessed a total of $302 million in funding in Q3 of 2023. That’s a 60% growth compared to the $188 million raised in Q3 2022. Funding has been on an uptrend since Q3 2022, according to Neha Singh, co-founder of Tracxn. MANY UNICORNS EXPECTED “We should expect to see the first of many unicorns being minted in the EV space in the next two years. We could also see bigger financial and strategic players checking into the top companies,” said Arpit Agarwal, director of Blume Ventures. There could be consolidation in the electric 2W space too. Overall, deal street is going to be busy, he said.

ALSO READ: Shark Tank India Season 3 shoot begins, fans demand the return of Ashneer Grover, Peyush Bansal As per the details, 40-year-old Goyal will be the judge for only two episodes of Shark Tank India 3, and the episodes will have Namita Thapar, Aman Gupta, Vineeta Singh, and Anupam Mittal as the other judges. Taking to X, Goyal wrote, "All growth comes from discomfort.

The Food Safety and Standards Authority of India (FSSAI) is analysing tea samples from various parts of the country to determine whether these were adhering to the safety standards, an official said on Saturday.

BMW Motorrad, the two-wheeler arm of the German luxury major BMW, targets big growth in its EV sales. Dr. Markus Schramm, Head of BMW Motorrad says the target is to double the share of EVs in his company's global sales this year.

Identifying India as its priority market, British coffee chain brand, Costa Coffee’s global CEO Philippe Schaillee on Friday said that it will add 50 more speciality coffee stores in the country. The company, which is now owned by beverages major Coca-Cola, recently opened its 150th store in the country.

Startup India scheme. In 2022, Indian startups attracted a whopping $42 billion in funding, a substantial leap from the previous year's $16 billion which underscores their pivotal role in India's aspiration to achieve a $5 trillion economy goal. However, India's tech space has seen a huge decline in funding this year.

mental fitness becomes a top priority. For Nitish Mittersain, Joint Managing Director and CEO of Nazara Technologies, achieving this balance is crucial. “I have crafted a regimen that combines physical activity, intellectual stimulation, and a commitment to self-care.

Economic Times Startup Awards. Union minister for commerce and industry Piyush Goyal and minister of state for electronics and IT Rajeev Chandrasekhar will be the guests of honour at the high-octane event. An elite panel will discuss the best ways to build sustainable businesses for the future. The topic of the debate: New order for Startup Inc: Decoding the Playbook for Sustainable Businesses.

Komainu, a digital asset custody service, has announced its custodial approval from the UK Financial Conduct Authority (FCA).

₹99 and 6GB of additional data with one-day validity for ₹49. India is hosting this year’s World Cup after a gap of 12 years. The event, which started on Thursday, will be held at 10 venues across India.

₹14,400 crore in August after a five-month hiatus, according to NSE data. For instance, stand-alone mid-cap schemes of mutual funds attracted flows of ₹10,999.73 and small-cap schemes ₹21,803 crore from March to August. Large-cap schemes witnessed outflows of ₹4,676.95 crore in comparison.

A changing of the guard is expected soon on Wall Street.

In contrast to the regular methods of demat account opening, which included the Demat Debit, and Pledge Instruction (DDPI) to be physically signed and stamped (franked), amounting to extensive paperwork, Sharekhan's pioneering approach eliminates the need for physical stamp paper procurement and signing.As of now, customers either physically sign the DDPI document, with the broker arranging for stamp paper and affixing it, or opt for a partially digital process, wherein customers digitally sign a scanned copy of the DDPI document, while the broker continued to handle stamp paper procurement and storage of print-outs. With NeSL on-board, the backend process is digitised and it will also act as the repository where the DDPI information will be stored.Sharekhan’s digital initiative aligns with environmental sustainability goals and is in-line with Government of India’s ‘Digital India’ programme.Jaideep Arora, CEO, Sharekhan by BNP Paribas said, “We are very excited to lead the way in creating an unparalleled experience for our customers.

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(Reuters) — Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology.

basic Model 3 is now $38,990, which is $1,250 less than before. The long-range version of the Model 3 is also discounted by $1,250, making it $45,990, as per the wire agency. Tesla has made price cuts on some of its car models in the United States.

Financial advisors with Savant Wealth Management are gaining additional capabilities to provide professional 401(k) management for their clients.

Barclays bank to lay off over 450 employees in UK Sood, Chakka, Credit Suisse and Barclays did not comment on questions. Earlier in August, Barclays PLC named new executives to its top management in India, a major overseas market for the lender.

Reserve Bank of India (RBI) maintains a tighter monetary policy stance for a longer than anticipated period. In his monetary policy speech on Friday, Governor Shaktikanta Das mentioned how global equity markets have corrected in the wake of sovereign bond yields having firmed up and the US dollar appreciating. “When 10 year US Bond yields fall below 3%, equities will have attractive risk reward propositions. Till that time bonds will continue to compete with equities," Umesh Kumar Mehta, Chief Investment Officer at SAMCO Mutual Fund said.

In a major relief to homebuyers, the Reserve Bank of India (RBI) on Friday unanimously decided to keep the repo rate unchanged at 6.5 per cent in its monetary policy meeting. The apex bank continues to keep its focus on controlling inflation as external factors continue to keep the pressure on the internal economic situation in the country.