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Beyond ‘no subscription’, NeoSapien sees a paid future for advanced AI features
The Bengaluru-based AI wearables startup is exploring another funding round in early 2027 but its CEO said there was no pressure to raise capital because its cash burn remained low and capital from earlier round was still in the bank.
SC to decide forum for Google billing disputes
Questioning the app developers on whether their contracts with Google allowed them to opt out of its payment system and engage other payment service providers, a bench comprising Justices PS Narasimha and Alok Aradhe said that the commission, being a market regulator, ensured that goods and services were distributed effectively without exploitation. But for contracts where there was a promise and agreement in existence, its enforcement could be sought in a civil court only, it said.
Betting markets have picked a winner in the US midterms. Here’s how often they get it right
With the midterms already here, predictions show a strong likelihood for Democrats to gain control of both chambers of Congress. We analyse the historical accuracy of betting markets and their forecast ahead of the elections. Since 2016, there has been a remarkable increase in political betting engagement. Nonetheless, studies reveal that popular candidates may falter despite market faith, and ongoing regulatory issues are posing obstacles for betting platforms in the American landscape.
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.
Consent managers search for viable revenue model as registration nears
Consent managers are intended to help individuals manage, review and withdraw consent for the processing of their personal data, and they're required to be registered with the Data Protection Board of India (DPBI). A consent manager is data-blind, and processes metadata, consent artifacts, and cryptographic routing instructions.
Why is Adani betting $3.4 billion on global energy trade chaos?
Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape energy trade. With terminals across 16 countries, VTTI could expand Adani Ports' international footprint, strengthen crude oil storage and logistics capabilities, and unlock opportunities in fuel trading, biofuels, hydrogen infrastructure and global energy supply chains amid geopolitical uncertainty.
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Paytm targets one-third UPI market share as Sharma steps up consumer acquisition
Paytm currently accounts for about 8.1% of UPI transaction volumes, behind PhonePe's 45.6% and Google Pay's 32.2%, according to September data from the National Payments Corporation of India.
Anthropic vs OpenAI: How Claude maker’s growth is challenging ChatGPT ahead of IPO
Anthropic has seen significant revenue growth, reaching $16.29 billion in the first half of 2026. OpenAI continues to expand its business model while generating substantial revenues from its consumer and enterprise offerings. Both companies face financial pressures as they invest heavily in infrastructure and computing power. The competition between Anthropic and OpenAI is primarily driven by their customer acquisition strategies and operational efficiencies.
Paytm Q2 Results: Profit rockets 976% YoY to Rs 226 crore, revenue jumps 28%
Paytm Q2 Results: Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidated net profit at Rs 226 crore. The same stood at Rs 21 crore in the year-ago quarter. Revenue from operations in the reporting period rose 28% YoY to Rs 2,648 crore.
TRAI recommends light-touch regulatory framework for internet-based TV services
TRAI has recommended a light-touch regulatory framework for application-based linear TV distribution services, proposing a one-time entry fee of ₹1 lakh, a processing fee of ₹10,000 and an initial authorisation valid for 20 years.
Tourism is the sector the market writes off in a downturn. Is it indicating something else? 7 stocks with upside potential of up to 27%
For years the street has believed that when the economy slows, tourism and hotels are the first to feel it. The logic: A hotel stay is not like food, medicine, electricity, or school fees. It gets cut when money is tight. But a change is visible. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
India notifies new telecom rules that allow time-bound exemptions to test emerging technologies
The Indian government has introduced new rules to facilitate the testing of telecommunication technologies in controlled environments. These rules provide exemptions from certain regulatory requirements under existing laws aimed at fostering innovation. Regulatory sandboxes will allow for trial of new services under specified conditions before commercial deployment. The government will oversee eligibility criteria and risk management measures for participants.
Gameberry Labs posts 20% rise in FY26 revenue to Rs 711 crore, profit up 17%
Gameberry Labs reported a 20% increase in revenue during FY26, reaching Rs 711 crore, alongside a 17% profit rise. The company's revenue from in-app purchases and advertising significantly contributed to the growth. Total expenses for the year rose by 23%, largely due to increased processing fees and employee costs. Most of Gameberry's revenue and users are derived from international markets, especially Saudi Arabia, the US, and Spain.
Britain seeks to break Apple's grip on contactless payments
The Competition and Markets Authority said its proposals would result in "substantially lower access fees" and easier access to Apple's contactless technology, opening the market to competition from digital banks and other providers.
PhonePe sees opportunity to bring everyday savers into equities with PhonePe Invest: Rahul Chari
PhonePe on Monday rebranded its investing and trading platform Share.Market as PhonePe Invest, bringing it into its broader financial ecosystem. The platform combines stocks, IPOs, mutual funds and F&O offerings with a newly launched Portfolio Optimiser, a proprietary tool to help users build, review and optimise their portfolios.
Meta’s Muse Spark Open is free to download, but comes with strings attached
The main commercial restriction applies to companies that offer AI models as a service, giving customers model outputs through an application programming interface (API) or a similar interface.
Flipkart’s marketplace revenue falls; Wipro Q2 profit takes a hit
Flipkart’s marketplace business sees revenue decline as losses widen. This and more in today’s ETtech Top 5.
In 1992, Jan Koum's family relied on food stamps; 22 years later, Facebook agreed to buy WhatsApp, which he co-founded, for $19 billion
Jan Koum grew up in Ukraine and had limited access to technology. He also reportedly had concerns about government surveillance. According to reports, his family moved to California in 1992. He was only 16 at that time. His father remained in Ukraine, and staying in touch with members was difficult.
IPO ahead! Paramotor Digital Technology files updated draft papers with Sebi for Rs 1,000 crore issue
Paramotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue, comprising a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore. The fintech company plans to use the proceeds primarily for customer acquisition, technology development and business expansion.
EU Commission is in dialogue with Google: spokesperson
The European Commission said on Wednesday it was "in dialogue with Google" over actions the company may take in response to the $1 billion fines imposed by the EU in July and required changes to its app store and its search engine.
UPI MDR rollout pushed; India’s first quantum computer coming soon
Happy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning Dispatch.
IIT-Bombay study bats to cut MDR to 0.08 pc from 0.4 pc, exclude banks from taking bulk share
A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current rate of 0.40 percent should decrease to 0.08 percent for third-party application providers. Additionally, the study suggests that banks should not depend on transaction fees but use funds from CASA deposits. It emphasizes the development of necessary services to enhance trust in digital payments.
Bengaluru’s Rs 1,500 airport cab rides could soon get cheaper because of the Blue Line: Check operation timeline, route and other key details
Bengaluru Blue line: Bengaluru's Blue Line Metro is set to connect Central Silk Board with Kempegowda International Airport. The airport stretch is targeted for completion by September 2027, with further sections to follow. This project aims to reduce reliance on taxis and private vehicles for airport transportation. The new metro line will incorporate driverless technology to enhance efficiency and safety.
US green card freeze: TCS, Infosys, Wipro, HCLTech had just 61 certified PERM cases in FY26
HCL America recorded 59 certified cases and TCS only two. Infosys and Wipro had no recorded cases in the period and neither did US-headquartered Cognizant.
Adani Airports vs airlines: Why Mumbai-Navi Mumbai flight shift has triggered a standoff | ET Explainer
Adani Airports is facing resistance from airlines over its plan to temporarily shift international flights from Mumbai airport to Navi Mumbai as Terminal 1 undergoes redevelopment. MIAL plans to discontinue 265 of 770 weekly international departures from October 25, affecting 46 airlines, as it creates capacity for displaced domestic passengers.
EXPLAINER: Why are airlines and Adani Airports at odds?
Mumbai's Terminal 1 is set for redevelopment starting in January 2027, which has led to a flight reduction dispute. Airlines are concerned about shifting international flights to the new Navi Mumbai International Airport as it affects their operations. MIAL has planned to temporarily reduce international departures from Terminal 2 while accommodating displaced domestic passengers. The Civil Aviation Ministry is meeting with stakeholders to resolve the issue and finalize flight allocations.
Civil Aviation Ministry, airlines to discuss Mumbai airport issues on October 6
The Civil Aviation Ministry is set to hold discussions with airlines concerning the impending shift of international flights, which may take effect on October 25. There are plans to relocate these operations to Navi Mumbai airport or reduce them by a third. Airlines have expressed worries about how these alterations could affect their services and the convenience of their passengers.
Adani to begin Mumbai Airport Terminal 1 demolition in January; 5 million passengers to be affected
Adani Group is set to start the redevelopment of Mumbai airport's Terminal 1 in January, affecting significant passenger traffic. The north section of Terminal 1B will be temporarily closed to address safety concerns and increase capacity. Operations can be shifted to Navi Mumbai International Airport, which offers discounts for new international flights. Redevelopment aims to raise capacity from 15 million to 20 million passengers annually.
Adani Airports to revamp Mumbai T1 North section from Jan; 9% traffic to shift
Adani Airports will commence a phased redevelopment of Mumbai airport's Terminal 1 starting in January 2027. The initial phase will impact around 5 million passengers each year due to safety concerns. Airlines can temporarily shift operations to the newly opened Navi Mumbai International Airport to minimize disruptions. The redevelopment aims to increase Terminal 1's capacity by 33% once completed.
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