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REVEALED: 8 - The Real Truth

Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billion

Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is part of a larger $730 million round and will be used to expand markets, grow its captain network, and enhance technology.

The Economic Times

Bengaluru firm to build 3000-km range KAAL Bhairava drone in Europe in partnership with a company associated with F-16

Flying Wedge Defence & Aerospace will manufacture its autonomous combat aircraft, Kaal Bhairava, in Portugal. This marks the first overseas production for an Indian-designed autonomous combat aircraft. The partnership with SKETCHPIXEL LDA will integrate advanced simulation and AI technologies. This initiative is part of Operation 777, aiming for global partnerships…

The Economic Times

ED freezes Rs 526 crore bank deposits in PMLA case against Gameskraft

In a major crackdown, the Enforcement Directorate has immobilised assets worth over Rs 526 crore from the online gaming platform Gameskraft, including cash and jewellery. Raids were executed across Delhi-NCR and Bengaluru, leading to the arrest of three key founders. The agency claims that illegal bots were employed to deceive…

The Economic Times

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India crowns Meta AI; More layoffs hit tech

India is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.

The Economic Times

“Kisi ko bhi call karlo…”: Woman shares terrifying Bengaluru cab experience after driver refuses to stop vehicle

A woman traveling to Bengaluru airport in an AC cab booked via Rapido faced a distressing situation when the driver allegedly refused to turn on the air conditioning. The dispute escalated when the driver reportedly refused to stop the vehicle despite repeated requests, leaving the passenger feeling unsafe.

The Economic Times

Uber to add two new tech centres in India: CEO Dara Khosrowshahi at Bengaluru townhall

Uber CEO Dara Khosrowshahi announced plans for two new tech centers in Bengaluru and Hyderabad by the end of 2027, significantly expanding its India footprint. The company is also prioritising its two-wheeler market, which has become a key growth segment despite regulatory hurdles and rising fuel prices.

The Economic Times

Jhunjhunwala-backed Bagmane Prime Office REIT lists at 3.5% premium over IPO price

Bagmane Prime Office REIT debuted on the NSE at Rs 103.50, a 3.5% premium to its IPO price, following a highly subscribed Rs 3,405 crore offering. The Bengaluru-focused REIT, backed by Blackstone, attracted significant investor interest, with its portfolio boasting high occupancy and marquee tenants like Google and Amazon.

The Economic Times

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IPL 2026: Virat Kohli equals Jos Buttler's IPL century record in run-chases

IPL 2026: Virat Kohli achieved this milestone against the Kolkata Knight Riders (KKR), scoring 105* in 60 balls, with 11 fours and three sixes at a strike rate of 175.00.

The Economic Times

Yesterday IPL Match RCB vs KKR: Virat Kohli's unbeaten 105 powers Royal Challengers Bengaluru to six-wicket win over Kolkata Knight Riders

IPL Match yesterday: Virat Kohli's vintage 105* powered Royal Challengers Bengaluru to a six-wicket victory over Kolkata Knight Riders in Raipur. The win propelled RCB back to the top of the IPL 2026 points table, while KKR's playoff hopes took a hit. Kohli also became the first Indian to reach…

The Economic Times

Rajinikanth attends a spiritual event in Bengaluru where nobody recognised him: 'Not one person looked at me, it crushed my ego'

Superstar Rajinikanth has shared a rare and deeply personal story about how a visit to the Art of Living ashram left him feeling unexpectedly invisible. Speaking at the 45th anniversary celebrations of the Art of Living Foundation and the 70th birthday event of Sri Sri Ravi Shankar, the actor recalled…

The Economic Times

CBSE 12th Results 2026: Trivandrum tops with 96 percent; Delhi not even in top 3. Check full list of best performing districts here

The Central Board of School Education has announced the CBSE Class 12th Result 2026. Trivandrum district achieved the highest pass percentage at 95.62 percent. Chennai and Bengaluru followed with impressive pass rates. Students can check their results on official websites and through DigiLocker. The results are now available for all…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 13, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan Jewellers

Gold prices surged on Wednesday, May 13, 2026, following a government increase in customs duty from 6% to 15% to curb imports. This duty hike is expected to further elevate domestic bullion prices, potentially impacting jewellery stocks and consumer demand, with significant price jumps observed across major brands.

The Economic Times

Dileep Raj death reason: Kannada actor dies at the age of 48

Dileep Raj death reason: The Kannada entertainment industry was left stunned after actor Dileep Raj reportedly died of a heart attack at the age of 48 on Wednesday morning. According to reports, the actor suffered a cardiac arrest at his residence and was rushed to a hospital in Bengaluru, where…

The Economic Times

Man bought demo car at big discount, RTO officer seized it citing Rs 60 lakh road tax dues; Karnataka HC gives relief to car owner

A Bengaluru RTO officer unlawfully seized Mr. Rama's demo car, leading to a zero FIR and charges of fraud. The Karnataka High Court quashed the FIR, criticizing the officer's illegal actions and ordering a departmental inquiry. The court emphasized due process, stating seizure is a last resort after proper notice…

The Economic Times

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The Economic Times

Timer, circuit board recovered with gelatin sticks near PM convoy route in Bengaluru

Police discovered gelatin sticks, a circuit, and a timer near Prime Minister Narendra Modi's route in Bengaluru. This discovery triggered heightened security and an investigation. A man who called police claiming to have planted a bomb has been arrested. Authorities suspect the explosives were not fully assembled. The National Investigation…

The Economic Times

Bengaluru techie quit his Rs 30 lakh job to chase a dangerous dream, only to end up being arrested

Delhi Police have arrested a 31-year-old Bengaluru-based software engineer, Ravi Rathore, for allegedly running a fake online trading racket that duped hundreds of investors of nearly Rs 100 crore through a fraudulent mobile app and website promising guaranteed returns. According to PTI, investigators said the accused used manipulated profit displays,…

The Economic Times

'Nobody will fly': India's plane versus train battle gets a twist

India's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring global trends. This strategic shift prioritises high-speed rail for premium intercity travel, potentially reshaping India's transport landscape and economic integration by compressing travel times and fostering regional growth.

Whats Hot

‘Where does the money go?’: Bengaluru couple reveals ₹1.30 lakh monthly spending

As global tensions, inflation, and rising fuel prices continue to impact economies worldwide, the cost of living in major cities has become a growing concern for many working professionals. From the ongoing Iran-US-Israel conflict affecting fuel and gas prices to increasing household expenses, urban life is becoming financially challenging for…

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The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 12, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan Jewellers

Gold prices are high today, May 12, 2026. Major jewelers show rising rates for 22k gold. This follows a call to reduce gold buying for a year to help foreign exchange reserves. The India Bullion and Jewellers Association wants policy changes to use household gold better. They suggest allowing gold…

The Economic Times

Meet the Bengaluru techie couple who swam 32 km from Sri Lanka to India via the Ram Setu route in 11 hours; here's how they did it

Bengaluru couple Danish Abdi and Vrushali Prasade made history by completing a 32-kilometer open-water swim from Sri Lanka to India across the Palk Strait. They navigated rough seas for 10 hours and 45 minutes, reaching Dhanushkodi. Their remarkable feat, achieved with strict safety measures, has garnered widespread admiration for their…

The Economic Times

State planning commission pitches tech ecosystem push beyond Bengaluru to tier-II, III cities

Karnataka plans to expand its technology ecosystem beyond Bengaluru to tier-II and tier-III cities, aiming to decentralize innovation. The KSPPC's roadmap proposes establishing Karnataka Innovation Orchestration Centers to foster deeptech incubation and R&D, positioning the state as a global model for technology-driven development.

Whats Hot

PM Modi Convoy Route Scare: NIA Joins Probe After Explosives Found in Bengaluru

A day after two gelatin sticks were discovered along the route of Prime Minister Narendra Modi’s convoy in Bengaluru, the National Investigation Agency (NIA) stepped in to assist with the investigation.

The Economic Times

Bullet trains will wipe out short-haul flights, Ashwini Vaishnaw warns airline investors

India's new high-speed rail network will significantly impact short-haul flights. Railways Minister Ashwini Vaishnaw stated that routes like Mumbai-Pune and Hyderabad-Bengaluru will be dominated by trains. Travel times will drastically reduce, making air travel uncompetitive. Investors in aviation should consider this shift. The government plans substantial investment in these bullet…

AAP

Inglis ramps up IPL magic but upstaged by 13-ball 50

Josh Inglis is the latest Australian batter to shine in the IPL but even his magic paled in comparison to a 13-ball half-century from Chennai's Urvil Patel.

The Economic Times

DK Shivakumar rejects claims of Tamil Nadu Congress MLAs being shifted to Bengaluru

Karnataka Deputy Chief Minister D K Shivakumar has dismissed claims of Tamil Nadu Congress MLAs being housed in a resort near Bengaluru. He stated he is unaware of any such development and has not received communication from the party high command.

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