News

Reading Time: 2 minutes Six top executives, including the Chief Marketing Officer, have resigned from Nykaa, the cosmetics-to-fashion retailer in India.

Reading Time: 2 minutes Walmart acquires the remaining shares of Flipkart from Tiger Global for $1.4 billion, valuing Flipkart at $35 billion.

Reading Time: 2 minutes Actress Kriti Sanon launches premium skincare brand “Hyphen” on her 33rd birthday, aiming to provide simplified and realistic skincare solutions.

Reading Time: 2 minutes Amazon India launches its first-ever floating store on Dal Lake, Srinagar, as part of the “I Have Space” last-mile delivery program.

Reading Time: 2 minutes Homegrown delivery provider Dunzo is facing legal notices from major companies, including Google India, Nilenso, Clover Ventures, Facebook India, Cupshup, Koo, and Glance, over unpaid dues totaling approximately Rs 11.4 crore.

Reading Time: 2 minutes Byju’s, India’s top ed-tech startup, confronts a turbulent landscape as funding delays and allegations of financial misconduct grip the company.

Reading Time: 2 minutes Elon Musk rebrands Twitter with new “X” logo, aiming to create an all-in-one communication and financial platform.

Reading Time: 2 minutes Indian government rejects BYD’s $1 billion EV plant investment due to security concerns about Chinese investments.

Reading Time: 2 minutes Odisha TV has launched an AI-generated news anchor named ‘Lisa’ who will present news in Odia and English.

Reading Time: 2 minutes In June 2023, PhonePe dominated UPI transactions with 446.14 Cr transactions worth INR 7.46 Lakh Cr, while CRED secured the fourth spot.

Reading Time: 2 minutes Reliance Retail is in the final stages of acquiring Alia Bhatt’s children’s wear brand, Ed-a-Mamma, in a deal worth INR 300-350 Cr.

Reading Time: 3 minutes Filmmaker Hansal Mehta and storyteller Neelesh Mishra criticize Byju’s on Twitter, raising concerns about questionable practices in the ed-tech industry. Byju’s faces challenges with executive resignations and debt defaults.