PRIVATE ENTERPRISES
Family fortunes, family feuds: 10 ways to stop inheritance from becoming a boardroom battle
Indian business families are increasingly treating succession as a governance and continuity issue rather than simply an inheritance question, with advisers urging promoters to formalise family rules, ownership structures, trusts, wills and shareholder arrangements before disputes arise. The broader message is to professionalise the business, prepare successors on merit, plan for incapacity as well as death, and keep succession plans updated as family relationships and assets change.
FICCI calls for comprehensive India-Africa trade framework
India and Africa are encouraged to develop a comprehensive trade arrangement to enhance economic cooperation. Ficci emphasizes the importance of a predictable framework to address trade barriers and promote investment. With the upcoming visit of Commerce Minister Piyush Goyal to Egypt, both regions aim to strengthen ties. Egypt's strategic location provides opportunities for Indian companies in various sectors.
Opening space sector unlocked new avenues for private players, startups: PM Modi
Prime Minister Narendra Modi said opening up India’s space sector to private companies and startups has created new opportunities for young innovators to build rockets and launch satellites. Speaking at the inauguration of the COSMOS-Mysuru Planetarium in Mysuru, he highlighted India’s progress in space exploration, including the Chandrayaan-3 lunar landing, the Aditya-L1 solar mission and its space docking capabilities.
ETMarkets Management Talk | From real estate to digital infrastructure: Anant Raj's 357 MW data centre growth roadmap
In an interaction with Kshitij Anand of ETMarkets, Amit Sarin, Managing Director of Anant Raj Limited, outlines the company's roadmap to scale its data centre capacity from 28 MW currently to 63 MW by FY27 and eventually 357 MW by FY32, while focusing on disciplined execution, operational efficiency and growing demand for cloud and AI infrastructure.
FIFA vs UEFA at New York court: European soccer body secures major win against Gianni Infantino-led global football association. Check what has gone wrong after World Cup 2026
UEFA has filed requests for discovery in multiple states, and FIFA in September told a judge in Florida, where the governing body has offices in a Miami suburb, the court actions are a harassment of Gianni Infantino.
Who is Nvidia's new CEO Colette Kress's husband David Kress? Jensen Huang hired her in 2013; she now takes charge after his resignation
Nvidia CFO Colette Kress has taken over as the company's interim CEO following Jensen Huang's resignation. But who is her husband David Kress? A former Microsoft executive, he spent nearly three decades at the company, rising from a mailroom job to senior management. The couple has two sons, David Kress Jr. and Matthew Kress.
Skyroot Aerospace partners with Brazil's Concert Technologies for satellite launch vehicle development
Skyroot Aerospace and Brazil's Concert Technologies have signed a Memorandum of Understanding for collaboration. This agreement focuses on developing a satellite launch vehicle for payloads of at least 100 kilograms. The partnership aims to provide affordable access to space for both countries in conjunction with the global space industry. They plan to evaluate technological requirements and commercial prospects over the next two years.
Anthropic IPO: Can Indian investors apply for Claude maker's $64 billion share sale? Check rules
Anthropic, a prominent artificial intelligence company, is planning a significant IPO to raise up to $64.4 billion. The company, founded by former OpenAI executives, aims to attract global investors, including those from India. Indian investors can participate in the offering through overseas brokerage accounts after the listing occurs. While demand for the shares appears strong, most retail investors may miss the IPO allocation.
Is the AI wheel broken? Julius Baer flags 3 variables shaping AI investments ahead of Anthropic IPO
Anthropic’s proposed $1.4 trillion IPO valuation will put the economics of the AI industry under the spotlight. Julius Baer analysts identify three key variables investors should watch: demand growth, pricing power and computing costs. The listing could also establish a valuation benchmark for OpenAI’s expected 2027 IPO.
ET AI Business Transformation Masterclass heads to IIM Bangalore to decode enterprise AI adoption
The AI Business Transformation Masterclass & Awards 2026 at IIM Bangalore will feature leaders from IndusInd Bank, PhonePe, PepsiCo, Shadowfax, Myntra, Shopify, NVIDIA and other organisations. Sessions will cover agentic AI, voice technology, supply chains, contextual commerce and physical AI, followed by the ET Most Innovative AI Product Awards 2026.
Bigger cheques, fewer winners in India’s AI boom
Indian AI startups raised $1.6 billion in funding during the first nine months of 2026. While AI infrastructure attracted significant investments, application startups faced declining funding and challenges in securing customers. Large transactions constituted most of the total funding, highlighting a disparity in investment distribution.
Rippling steps up AI hiring in India, looks to expand enterprise push
The firm is hiring principal engineers, senior staff engineers and senior directors among others as the lab focuses on developing core components of Rippling’s global AI platform, Parandekar told ET in an exclusive interaction.
NTPC sole applicant in second round of coal gasification scheme
The second round of applications for the coal gasification scheme saw participation from only NTPC Ltd. In contrast, the first round attracted five companies, highlighting a change in interest levels. The scheme aims to reduce import dependence while supporting the production of industrial feedstocks from domestic coal. NTPC's involvement is considered a positive sign amidst limited interest from other firms.
Anthropic's potential mega IPO joins ranks of world's biggest stock market listings
Anthropic has kicked off its U.S. IPO roadshow, seeking to raise up to $64.4 billion by offering 825 million shares. This latest valuation stands at roughly $1.4 trillion, representing a drop from earlier estimations of $2 trillion. Notably, tech giants like Alphabet and Microsoft are set to invest $26 billion in a private placement.
Disney, Adobe to co-develop custom AI models tailored for media giant
The move, announced Monday, will start with speeding up project development timelines at Disney's Experiences division, home to its global theme parks, resorts and cruise lines, and for concept exploration at StudioLAB, the innovation hub within Walt Disney Studios.
Stocks in news: M&M, BHEL, Adani Enterprises, Wipro, Tata Steel, Siemens and Divi's Labs
Indian equity markets ended marginally lower on Sunday, breaking a seven-session winning streak. The NSE Nifty 50 decreased by 44 points, closing at 24,986. Several companies, including Adani Enterprises and Tata Steel, announced important corporate developments and new investments. Wipro appointed a new CEO for its Americas unit, while various firms reported their quarterly earnings. Overall, investors remain cautious as they monitor these announcements and future market movements.
TPG invests ₹525 crore in Kirloskar-backed Arka Fincap
The Rise Funds of TPG is planning a significant investment of ₹525 crore into Arka Fincap, backed by the Kirloskar Group. This investment has the potential to be increased to ₹800 crore based on specific performance indicators and regulatory green lights. The funds will support Arka's expansion into secured retail lending and revamp its technological infrastructure.
IFC extends $150 million credit line to SBI in first investment in an Indian state-owned bank
The International Finance Corporation has extended a $150 million social loan to State Bank of India to support agricultural financing for around 864,000 rural women. The IFC has also executed its first domestic cross-currency swap with an Indian bank, making SBI its first local swap counterparty in South Asia.
AvenuesAI Q2 revenue jumps 47% as AI-first fintech transformation gathers momentum
AvenuesAI reported a steady set of second-quarter FY27 numbers, with the company continuing to build momentum behind its broader transformation from a payments gateway-led business into an AI-first financial technology infrastructure platform.
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