SOFTWARE DELIVERY
Planning a wedding? Hidden costs that can derail your budget and drain your savings
Vendor fine print, last-minute guests and family pressure can push your wedding bill way above the initial budget. Here’s how to spot the hidden costs before they hit you.
Tesla Cybertruck hits a dead end: Elon Musk's futuristic EV launched 4 years after unveiling, sold only 10% of his target, with its biggest buyer being another of the billionaire's companies
Elon Musk revealed that Tesla will halt Cybertruck production at Gigafactory Texas around mid-2027. The Cybertruck sold only 20,237 units last year, far below Musk's expectations of 250,000 units annually. Multiple delays and recalls significantly impacted the Cybertruck's journey since its unveiling in November 2019. Tesla plans to increase production of the Cybercab as part of its future strategy.
What went wrong with Tesla Cybertruck? Elon Musk says production will wind down in mid-2027
Tesla Cybertruck production: Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 as Elon Musk shifts manufacturing capacity towards the Cybercab. The decision follows years of production delays, repeated recalls, steep price increases and sales that fell short of the company's original ambitions.
Rs. 400 crore of ‘cash’ that existed only on paper: Not for the first time, nor will it be the last
When something is wrong inside a company, the people running it know first. The auditors may sense it next. A regulator might confirm it years later, in an order the public finally gets to read. The ordinary shareholder sits at the very end of that queue, usually learning the truth only after the share price has already delivered its verdict. The value of reading the accounts closely is simple: It is the one way to move a little higher up that queue, while there is still time to act.
AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
Shiprocket posts maiden profit on strong core business growth
The company swung to a profit of Rs 60 lakh ($63,487) in the quarter ended September 30, from a loss of Rs 20.29 crore a year ago
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Lenskart, Nykaa, PhysicsWallah see Q2 profits surge
New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.
India’s IT sector needs a new talent architecture
Growing demand for AI-related services is challenging providers, as they struggle to generate significant revenue. Companies must redesign their workforce models to capture opportunities in an AI-driven market. Existing talent architectures focus on old skill sets and hierarchies, which are becoming less relevant. Investing in specialized roles and capabilities will better align with the new market demands.
Vantara hosts EARAZA conference, puts data and technology at the heart of wildlife conservation
The four-day EARAZA Annual Conference 2026 at Anant Ambani’s Vantara in Jamnagar brought together 98 institutions from 30 countries. Vantara announced one year of free access to its ANTZ Software Platform, including its Open Data Exchange, for all EARAZA members.
Coders out, VCs in: Investors bet billions on AI-first services
The AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl AI raised $175 million at a $1.8 billion valuation a year ago, Wonderful raised $550 million at a $5 billion valuation in September.
'New Cold War'? Supermarket freezers hacked in six European countries, food worth millions spoiled. Who's behind it?
A wave of cyberattacks has struck supermarket refrigeration systems across several European nations, including Belgium, Sweden, Luxembourg, and Estonia, raising serious food safety alarms. These breaches allowed unauthorized access to cooling units, causing hazardous temperature increases that threaten product integrity. Experts are voicing concerns about the rising risks associated with connected technologies, while investigators work diligently to pinpoint the perpetrators and safeguard against future breaches.
STT Global’s India biz on the block; micro occasions power qcomm
KKR, Singtel, and the Tatas are preparing to sell STT GDC India, a major data centre platform. This and more in today’s ETtech Top 5.
India’s small companies need to see AI as more than an artificial promise
India MSME news: India's micro, small and medium enterprises are exploring the adoption of artificial intelligence to enhance productivity. AI is expected to generate significant economic value for these enterprises in manufacturing and services sectors. Various challenges remain regarding the integration of AI into existing workflows and overcoming cost barriers. Collaborative efforts among industry bodies, technology providers, and the government are essential for facilitating this transition.
ET Product of the Year Awards 2026: Categories recognising products driving market impact
The Economic Times Product of the Year Awards 2026 celebrate cutting-edge innovations that make a substantial difference in the market and attract customer loyalty across diverse industries. Categories feature Enterprise SaaS, FinTech, Cybersecurity, as well as consumer goods such as banking solutions and smartphones. Judging criteria prioritize market presence, adoption rates, creativity, and execution excellence, with an emphasis on quantifiable achievements.
When my AI bargains with your AI: The next great bazaar may be where our agents haggle for milliseconds
AI agents are evolving from simple task execution to negotiating on behalf of users in commerce. These agents can analyze data efficiently, enabling faster negotiations and potentially better deals. Businesses are already preparing for AI-to-AI negotiations, which may reshape the landscape of commerce. While this could benefit consumers, it may also create disparities based on the sophistication of agents.
NCLAT sets aside insolvency proceedings against Polycab over Rs 2.78 crore dues
NCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal found unresolved disputes regarding payments and alleged operational dues amounting to Rs 2.78 crore. NCLAT noted that effective communication existed between the two parties detailing ongoing disagreements over credit notes and charges. Additionally, Polycab disputed the creditor's demand, indicating significant unresolved financial matters.
Rivian says it's on track for $250 million Uber funding by year-end, R2 demand strong
The Uber funding and strong R2 sales are crucial to Rivian's push to narrow heavy losses and cash burn while it funds a bet on self-driving technology and leans on its joint venture with Volkswagen, which has become a major source of revenue.
Rising tech costs drive EMI sales; Shadowfax Q2 profit soars
Happy Friday! Shoppers are turning to EMIs as electronics prices rise. This and more in today’s ETtech Morning Dispatch.
Alphabet's heavy cloud spending drives bigger-than-expected cash burn
The company reported negative free cash flow of $9.07 billion, compared with analysts' estimate of a cash burn of $36 million, according to data compiled by LSEG.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
When a market is as jittery as it is right now, poor numbers are treated harshly. A new-age company in the business of buying and selling used cars reported numbers that fell short, and the street punished the stock severely. But it is not just the clear misses. Anything that is well-owned and presents disappointing numbers is seeing double-digit cuts.
Diwali 2026: Sensex plunged 10,000 points, Nifty dropped 12% since last Diwali. Will Samvat 2083 bring some relief?
Dalal Street heads into Samvat 2083 after a turbulent year that saw the Sensex plunge over 10,750 points and the Nifty shed nearly 12% since last Diwali. The Iran-US conflict, elevated crude oil prices, persistent FII outflows and AI-led IT selloff weighed on sentiment. Can easing headwinds revive the market?
Amazon lays down AI usage guidelines for software engineers; here’s what it wants
Amazon recently issued internal guidelines regarding the use of artificial intelligence by its software engineers. The guidelines emphasize enhancing customer engagement while utilizing AI to tackle customer challenges effectively. Employees are cautioned against the practice of 'tokenmaxxing,' which could lead to increased costs and complexity. The company advocates for the development of 'Renaissance Developers' who merge AI tools with business understanding.
iPhone Duo teardown examines display issues, dust protection and repair costs
Some users of the iPhone Duo have reported issues with inner display cracks and bright lines. An iFixit teardown highlighted potential reasons for these failures
Nvidia’s Jensen Huang asks these tiny robot ducks to sit, fall asleep and somersault and the adorable little Microducks do it all on command: What are the viral robots, how much do they cost, key features and more details
Microducks are new open-source robots created by Pollen Robotics and showcased by Nvidia's CEO Jensen Huang. The robots generated significant interest and received over 20,000 preorders shortly after their demonstration. These devices perform various playful actions on command and are set to be delivered before Christmas. Their appeal extends to both children and adults, demonstrating versatility as a toy.
Apple’s iPhone Duo: A foldable leap with a few creases to iron out
Apple's new foldable smartphone, the iPhone Duo, quickly sold out after its launch in India. The device has experienced software optimization issues and supply challenges, affecting availability for consumers. iPhone Duo's launch price reaches up to ₹4,49,900, leading to concerns about its camera capabilities. A purchase limit has been established to combat grey-market reselling, creating further scarcity.
Tech Mahindra, SpaceXSI partner to accelerate AI-powered software engineering
The company said it will combine its global engineering, enterprise transformation and AI consulting capabilities with SpaceXSI's AI-powered development platform to help enterprises expand application modernisation, streamline software development and improve code quality.
Bridging the AI production gap: Over 100,000 Indian engineers trained to Build with Gemini
India is seeing a significant shift in its technology workforce towards enterprise AI integration and solutions. The Build with Gemini initiative has trained over 100,000 developers and architects across several major organizations. This transition emphasizes the need for professionals skilled in engineering AI for production. Global System Integrators are crucial in facilitating this workforce transformation. The evolution aims to position India as a key player in AI architecture and engineering.
Swiggy narrows loss in Q2; eMudhra cofounder on what went wrong
Happy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch.
Swiggy’s Q2 report card; eMudhra to exit certificate biz
Swiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5.
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