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According to the report by the Hurun Research Institute, India was placed third globally with 67 unicorns, led by on-demand delivery start-up Swiggy and fantasy sports platform Dream11 worth $8 billion each, and Razorpay worth $7.5 billion.
IESA and SEMI signed a MoU in Bengaluru to establish India as a global manufacturing hub, focusing on talent development, policies, design, skilling, research, academia, and supply chains. The partnership leverages SEMI's international network and IESA's expertise.
TSMC's Q1 revenue surged 16.5% to T$592.64 billion, surpassing estimates. Market cap at $662B. Anticipated 4% Q1 net profit rise. High demand for AI applications drove the revenue increase.
Grayscale Bitcoin Trust navigates stabilizing outflows amidst SEC-approved rivals and intense competition from BlackRock and Fidelity. Plans for Bitcoin Mini Trust and spot ether ETF in progress as CEO Sonnenshein anticipates fee reduction in mature markets.
Malay Joshi's appointment comes just days after his predecessor, Srini Pallia, was appointed as CEO and MD of Wipro. In his former role, Joshi helped clients drive successful enterprise transformations, enhancing client experience (CX) and strengthening delivery.