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Harsh Dwivedi

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Medial • 2h

Top News of the Day: 1. Elon Musk's SpaceX launches ISRO's GSAT-N2 satellite into space 2. Accel, Flipkart To Rake In 5X Returns from BlackBuck IPO. 3. The US Department of Justice is reportedly set to ask a judge to require Google's parent company, Alphabet, to sell its popular Chrome browser as part of an antitrust crackdown. 4. AI search startup Perplexity has launched a shopping hub in an effort to challenge Google's dominance in the search engine space. 5. Google's AI model, Gemini, will not be integrated with iPhones for at least another year. Apple appears to be prioritizing its partnership with OpenAI's ChatGPT instead. 6. Users on X have been submitting medical images to an AI chatbot called Grok, following a suggestion from X's owner, Elon Musk. 7. OpenAI's Sam Altman becomes latest tech executive involved in San Francisco government 8. Netflix is set to stream a pair of NFL games on Christmas Day, showcasing its ability as a sports streaming service 9. Ortella Global Capital is set to invest in over 20 startups in the consumer and enterprise solutions sectors. 10. News Agency ANI Sues OpenAI For Alleged Violation Of IP Rights 11. INDmoney revenue spikes 73% in FY24, earns Rs 58 Cr from other income 12. Sugar Cosmetics reports Rs 505 Cr revenue and Rs 76 Cr loss in FY24 13. 10-minute food-delivery startup Swish has raised $2 million in its maiden funding round led by venture capital firm Accel. 14. Dronetech startup Airbound raises $1.7 Mn in seed capital 15. Indus AppStore will replace GetApps as the app store for Xiaomi smartphones in India starting in January. 16. Zomato has partnered with Indian boxer and mixed martial artist Neeraj Goyat in a year-long sponsorship agreement. 17. Indian food delivery company Zomato expects its meal delivery business to grow by 30% annually over the next five years. 18. Bain Capital has announced that it has raised $9 billion for its second Global Special Situations Fund. 19. The CCI has imposed a penalty of INR 213.14 Cr on Meta for abusing its dominant position. 20. Proost, a homegrown beer startup co-founded in 2017 by Tarun Bhargava and Vijay P. Sharma, has raised Rs 30 crore in its ongoing Series-A funding round co-led by Chimes Group 21. Blue Tokai, an Indian coffee chain, plans to triple its annual revenue by 2027 before considering an initial public offering (IPO), according to its CEO. 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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Mr Z

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Zomato with a Rs 2.4 lakh cr mkt cap has profits of Rs 600 cr. While Indusind bank with a 1 lakh cr mkt cap has profits of 9000 cr. What am I missing?

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