New Delhi: Shares of Adani Group companies soared today, significantly contributing to the benchmark equity indices Sensex and Nifty climbing over 2 percent, resulting in record closing highs. This surge comes on the heels of the Reserve Bank of India (RBI) revising the gross domestic product (GDP) growth projection upwards to 7.2 percent for the…
In a startling turn of events, edtech giant Byju’s, once heralded as a startup success story with a valuation soaring to $22 billion, now finds itself valued at zero by financial firm HSBC. This dramatic shift underscores the severe challenges the company is facing, including multiple legal battles and a significant funding crunch. HSBC’s Sobering…
Summary The recent arrest of Dheeraj Wadhawan in connection with the Rs 34,000 crore DHFL scam has drawn attention to allegations of fraudulent lending practices and misappropriation of funds within the Dewan Housing Finance Corporation Limited. As a former promoter of DHFL, Wadhawan’s arrest highlights the intricate web of transactions under scrutiny. While specific details…
Summary Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, announced her departure from the foundation, marking the end of an era for one of the world’s largest private charitable organizations. Her decision comes after she and her ex-husband, Bill Gates, filed for divorce in 2021 after 27 years of marriage but vowed to…
Key Details Poshn Secures $4 Million in Pre-Series A Funding Round Fueling Growth and Expansion Utilization of Funds Unique Approach Stepping Into the Future Competitive Landscape Impact and Potential Poshn’s successful fundraising underscores its growing influence and potential in the foodtech industry. With a focus on innovation, efficiency, and expansion, the startup is poised to…
Summary Ananya Birla, daughter of Kumar Mangalam Birla, recently announced via Instagram her decision to step away from the music industry to focus on her business ventures. Despite her success in music, including achieving platinum status for her single “Livin The Life” and making her OTT debut with the song “Inaam” for the web series…
Summary Indian cricket sensation Shikhar Dhawan has embarked on a new venture in the fashion eyewear industry by partnering with the emerging brand QUE. This partnership sees Dhawan not only investing in QUE but also serving as a partner and brand ambassador. QUE, founded by Shashank Saurabh, Abhishek Deep, and Kumar Vagish, aims to democratize…
Summary Industrialist Anand Mahindra extended support to 10-year-old Jaspreet from Delhi, who took over his father’s street-side stall after his demise. A viral video showcased Jaspreet’s resilience, prompting Mahindra to offer assistance for Jaspreet’s education. Jaspreet’s culinary skills, coupled with his resolve, garnered widespread admiration and support from political leaders and the community. His story…
