Top News of the Day: 1. Nasher Miles, a digital-first luggage brand, has raised $4 million in its bridge round to Series A 2. SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes 3. Emami set to acquire 100% stake in The Man Company 4. Apple's China market share shrinks as Huawei surges 5. The UK Financial Conduct Authority (FCA) has fined CB Payments Limited (CBPL), a subsidiary of Coinbase, £3.5 million for inadequate anti-money laundering controls 6. Thyrocare, a diagnostic and preventive healthcare service provider, has acquired the pathology diagnostic business of Polo Labs. 7. TechEagle has partnered with drone manufacturer ideaForge to further develop its unmanned aerial vehicle technology. 8. Insurtech startup Covrzy gets broking license from IRDAI 9. Swiggy launches market intelligence dashboard for restaurant partners 10. Ather brings ₹390 crore loss to Hero MotoCorp in FY24 11. Google Maps to roll out 'much requested' flyover callout, narrow roads features in India 12. Centre shuts 379 illegal loan websites, 91 phishing sites 13. Google Maps is now enabling metro booking in Kochi and Chennai, due to the partnership between Google, Open Network for Digital Commerce (ONDC), and Namma Yatri 14. Paytm's plan to transfer UPI IDs from Paytm Payments Bank to four new banks is facing criticism from users due to privacy concerns. 15. Fintech unicorn Yubi adds fresh ESOPs worth $26 Mn 16. The Enforcement Directorate's Mumbai unit has frozen movable properties worth around Rs 80.43 crore (approx. $11 million) 17. OpenAI is set to suffer a loss of up to $5 billion (around ₹42,000 crore) this year 18. Preity Zinta and Shubman Gill joins as co-founders of gym chain DRIVE FITT 19. Wealth and asset management firm Neo has raised Rs 32 crore (nearly $4 million) via private placement. 20. NBA signs broadcasting deal with Disney, Amazon, Comcast worth $77 billion 21. Meta removes 63,000 Instagram accounts in Nigeria over 'sextortion' scams 22. Elon Musk has announced the launch of xAI's "Memphis Supercluster," which aims to be the world's most powerful AI training cluster. 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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