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News on Medial
Nehru's private papers: Subject figures in PMML Society meeting
Economic Times
·
1m ago
Medial
During the 47th annual general meeting of the Prime Ministers' Museum and Library (PMML) Society, chaired by Prime Minister Narendra Modi, the issue of Jawaharlal Nehru's private papers was discussed. The meeting took place at Teen Murti Bhawan, and attendees included Defence Minister Rajnath Singh. The discussion touched on the private papers previously taken by Sonia Gandhi. Modi proposed the creation of a "museum map of India" and emphasized utilizing technology for a national museum database.
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Related News
PM Modi meets Indian gamers, chats with Mortal, 8bit Thug, Payal Gaming; tries his hand at games
Economic Times
·
1y ago
Medial
Prime Minister Narendra Modi recently engaged in a discussion about the future of gaming with prominent figures from the Indian gaming community. The meeting explored the growth potential of the industry and the direction it is heading in.
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OpenAI CEO Sam Altman to meet US House Speaker Mike Johnson: report
Economic Times
·
1y ago
Medial
OpenAI CEO Sam Altman is set to meet with US House Speaker Mike Johnson. The purpose of the meeting is unclear, but it could be related to discussions on artificial intelligence and its impact on society. Altman has been vocal about the need for ethical guidelines and regulations for AI technology.
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BoAt Plans Confidential DRHP Filing for IPO, Aims to Raise Rs 2,000 Crore
OutlookIndia
·
5m ago
Medial
BoAt, a consumer electronics company, plans to confidentially file its Draft Red Herring Prospectus (DRHP) for an Initial Public Offering (IPO), aiming to raise Rs 2,000 crore in FY26. The company, co-founded by Aman Gupta, seeks a valuation exceeding $1.5 billion but hasn't confirmed final figures. Previously, BoAt withdrew IPO papers amid unfavorable market conditions. The company's revenue fell 5% in FY24 to Rs 3,285 crore, yet losses decreased to Rs 70.8 crore.
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Auto lobby Siam to revisit emission norms for small cars amid Maruti's protests
Livemint
·
11d ago
Medial
The Society of Indian Automobile Manufacturers (Siam) plans to revisit fuel efficiency standards following Maruti Suzuki's request for concessions on emission norms for small cars amidst slowing sales. During a recent meeting, a compromise was agreed upon to retain existing recommendations but with proposed relaxations specifically for small cars and some light commercial vehicles. Maruti faces opposition from its competitors in this effort.
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Tata Steel shareholders meet today; to consider merger with Indian Steel & Wire
Livemint
·
1y ago
Medial
Tata Steel will hold a shareholders' meeting to discuss the merger with its subsidiary Indian Steel and Wire Products. The meeting, to be conducted through audio-visual means, will consider and approve the scheme, as directed by the National Company Law Tribunal (NCLT). The merger plan includes the amalgamation of six additional subsidiaries, aiming to unlock shareholder value and improve operational efficiencies. The CEO of Tata Steel expects the merger to be completed in the current financial year, subject to regulatory clearances.
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Elon Musk slams George Soros being awarded nation's highest civilian honour by US prez
Economic Times
·
7m ago
Medial
Tesla CEO Elon Musk criticized President Joe Biden's decision to award George Soros the Presidential Medal of Freedom, calling it a "travesty." Musk, using social media, likened Soros to a Star Wars character, while the White House highlighted Soros's philanthropic contributions through the Open Society Foundations. Soros was among 19 honorees, including notable figures like Hillary Clinton and Lionel Messi. The award recognizes significant contributions to global peace, security, and societal well-being.
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Silicon Valley is officially grieving over Trump but quietly gleeful over a coming tech deal resurgence
Business Insider
·
9m ago
Medial
Kamala Harris received support from several high-profile figures in Silicon Valley during her presidential campaign, but it wasn't enough to secure victory. Despite disappointment over the election result, there is cautious optimism among tech leaders who believe that the regulatory climate may soften under Trump's administration, potentially leading to increased mergers and acquisitions. The stock market's positive response and the hope of greater investment in venture capital funds could also boost the tech sector. However, there are concerns about the long-term impact of Trump's policies on the economy and society.
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Tech IPOs unlikely in next 12-18 months despite benchmark indices hitting new highs
Money Control
·
2y ago
Medial
In the last six months, Mamaearth parent Honasa Consumer is the sole VC-backed unicorn to have submitted draft papers to SEBI. Following the IPOs of Zomato, Paytm, PB Fintech and others, companies have realised that public shareholders have different perceptions of their businesses and valuations as compared to private investors.
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Crypto's Secret Society: Are These 20 Crypto Leaders Controlling the Cryptocurrency and Web3 Market?
VCCircle
·
1y ago
Medial
The article discusses the influence held by a select group of individuals known as the "crypto elite" or "crypto's secret society" in the cryptocurrency and Web3 market. It highlights 20 influential figures including Vitalik Buterin, Changpeng Zhao, Brian Armstrong, Chris Larsen, Michael Saylor, Lavish Choudhary, Barry Silbert, Cameron and Tyler Winklevoss, Tim Draper, Abhyudoy Das, Fred Ehrsam, Charles Hoskinson, Gavin Wood, Dan Larimer, Joseph Lubin, Roger Ver, Erik Voorhees, Brad Garlinghouse, Matthew Roszak, and Naval Ravikant. While these individuals hold significant sway, the decentralized nature of cryptocurrencies ensures that complete control remains unlikely.
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Ananya Birla's Svatantra Microfin receives $230M investment from Advent, Multiples
IndianStartupNews
·
1y ago
Medial
India-based microfinance company Svatantra Microfin has secured a $230m investment from private equity firms Advent International and Multiples Private Equity. The funding marks the largest private equity investment in India's microfinance sector to date. Ananya Birla, Chairperson of Svatantra, said the deal would help the company "become the foremost and most impactful microfinance institution." The investment is subject to regulatory approval from the Reserve Bank of India and Competition Commission of India.
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