Business News | Mergers, headwinds, missed bets: How L&amp;amp;T missed growth targets for IT units set five years ago

India’s spacetech funding heats up as early startups near launches

Larger seed cheques, tougher competition and climbing valuations signal a shift in investor appetite for space startups.

Mergers, headwinds, missed bets: How L&T missed growth targets for IT units set five years ago

L&amp;T's IT units, LTIMindtree and LTTS, are projected to underperform, missing ambitious growth targets due to economic uncertainties, a merger, and leadership churn. Their growth has significantly lagged behind smaller competitors, affecting overall revenue expectations.

Reliance to enter the bottled iced tea market with Brew House relaunch

The iced teas will be launched in two flavours, lemon and peach, for an entry price of ₹20 for a 200ml bottle this summer.

ONGC to offload stake in petchem arm OPal, eyes global investors

The proposed share sale in ONGC subsidiary is part of the government's requirement to offload stakes to monetize assets

Technology

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LiveMint-Tech

Silicon Valley Policy Forum to Stress Preserving US Lead in AI

LiveMint-Tech

Why does Elon Musk want to put AI data centers in space?

FP Business Desk

Nvidia, Amazon and Microsoft in talks to invest up to $60 billion in OpenAI: Report

FP Tech Desk

Economic Survey flags ‘alarming’ rise in digital addiction among India’s youth

Sports

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Ravens general manager Eric DeCosta on new coach Jesse Minter: He just blew us away

Nasa Hataoka surges past Jeeno Thitikul, leads after 1st round of LPGA Tournament of Champions

$Onyeka Okongwu has a dental fracture after elbow to the face and will miss Hawks game vs. Rockets$

Onyeka Okongwu has a dental fracture after elbow to the face and will miss Hawks game vs. Rockets

De Kock hundred in his 100th T20 leads South Africa to series win over West Indies

Europa League games underway as teams honor PAOK fans who died in crash