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We'll soon meet in your inbox. Please wait... A new investor pool—sovereign wealth funds, technology-focused financial groups, pension funds, long-term passive funds and private equity funds including CPPIB, CDPQ and Carlyle —have already been sounded out. Though the Flipkart fundraising is predominantly being targeted at new investors, existing ones like GIC of Singapore, Qatar Investment Authority too have been sounded out, one of the sources cited above said. These discussions are at an early stage and may or may not fructify, the people pointed out. JPMorgan and Goldman Sachs are advi...

CIC Health : and Quest Diagnostics Collaborate to Help Schools, Camps Open Safely Nationwide 05/10/2021 | 09:08am EDT Send by mail : Message : Required fields CIC Health and Quest Diagnostics (NYSE:DGX) today announced a collaboration that will help more schools safely return to in-person learning by greatly increasing COVID-19 testing logistics and lab capacity across the country. It comes at a pivotal moment as the U.S. Department of Health and Human Services (HHS) releases state funding to expand testing for K-8 public schools nationwide. The collaboration will also support the testing ne...

US state attorneys general urge Facebook to cancel Instagram for younger kids SECTIONS Last Updated: May 10, 2021, 10:40 PM IST Share Synopsis The letter said media reports from 2019 showed that Facebook's Messenger Kids app contained a significant design flaw that allowed children to circumvent restrictions on online interactions Reuters FILE PHOTO: The Instagram application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo A group of 40 state attorneys general on Monday urged Facebook Chief Executive Mark Zuckerberg to abandon plans to launch a version of Instagram f...

Synopsis The new feature, currently in pilot stage, uses the Q&A function in Google Maps to allow people to ask about and share local information on availability of beds and medical oxygen in select locations. ET Bureau New Delhi:Google is testing a new feature in Google Maps to locate available hospital beds and medical oxygen in India, even as the country continues to clock a record number of Covid-19 cases and deaths on a daily basis. The new feature, currently in pilot stage, uses the Q&A function in Google Maps to allow people to ask about and share local information on availability of b...

Synopsis ETtech Changpeng Zhao, founder-CEO, Binance “Banks refusing to work with crypto are like bookstores refusing to work with the Internet,” Changpeng Zhao, the founder and chief executive of the world’s largest bitcoin exchange, Binance, tweeted on May 7. The comment came amid ICICI Bank and other major banks cutting off banking and payment gateway services to crypto platforms in India. In an interview with ET’s Apoorva Mittal, Zhao says lack of understanding among Indian regulators and regulatory inconsistency are potentially taking away multiple multi-billion-dollar companies...