Top News Of the Day: 1. HSBC does not see any value in BYJU's stake due to ongoing legal cases and funding challenges, which once was worth $500 Mn 2. HSBC has revised its valuation estimate for several Indian startups, including B2B ecommerce platform Elastic Run, lowering it to $800 million from $1.5 billion. 3. The Reserve Bank of India (RBI) has maintained its retail inflation projection of 4.5% for the current fiscal year, provided there is a normal monsoon 4. The Reserve Bank of India (RBI) has proposed a new facility that would allow customers to automatically refill their UPI Lite wallets. 5. Hero MotoCorp invests Rs 124 Cr in Ather Energy, now controls nearly 42% stake 6. Ixigo's parent company, Le Travenues Tech, has closed a secondary stake sale at Rs 176 crore ahead of its pre-IPO anchor investor allocation. Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.
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