News

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

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

Reading Time: 2 minutesAmazon 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 minutesHomegrown 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 minutesByju’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 minutesElon Musk rebrands Twitter with new “X” logo, aiming to create an all-in-one communication and financial platform.

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

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

Reading Time: 2 minutesIn 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 minutesReliance 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 minutesFilmmaker 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.

Reading Time: 3 minutesIndian Prime Minister Narendra Modi engages in significant meetings with influential figures including Elon Musk, Ray Dalio, Neil deGrasse Tyson, and Paul Romer during his US state visit.