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Top News of the Day: 1. Ranjit Babu, the head of consumer electronics at Amazon India, has resigned amid ongoing senior-level changes in the company. 2. Several Indian states, including Madhya Pradesh, Uttar Pradesh, Telangana, and Andhra Pradesh, are vying to attract global capability centers (GCCs) by drafting their own policies and offering incentives. 3. India's largest e-commerce firm Flipkart is preparing for an IPO within the next 12-15 months, which is expected to be the largest share issue by a new-economy company in India. 4. SoftBank fully exits Paytm at higher-than-expected net loss of $264.8 Million 5. A woman who was sexually abused as a child is suing Apple for breaking its promise to protect victims of child sexual abuse 6. Key players in President-elect Donald Trump's new cryptocurrency venture are heading to Abu Dhabi for the biggest bitcoin event in the Gulf region. 7. CompuGroup Medical, a German healthcare software provider, is reportedly in advanced discussions to be acquired by CVC Capital Partners for around €1.14 billion. 8. Lenskart has entered into an agreement with the Telangana government to establish a major eyewear manufacturing facility in Fab City, Telangana. 9. MapMyIndia's board of directors has decided not to invest in the new venture of its outgoing CEO, Rohan Verma. 10. Gurugram-based fintech firm MobiKwik has filed its Red Herring Prospectus (RHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 572 crore through a fresh issue of equity shares. 11. Elon Musk's social media platform, X, has introduced a new image generator called Aurora. 12. Non-Banking Finance Company (NBFC) Varthana has secured $15 million (about Rs 120 crore) in funding from BlueOrchard Microfinance Fund, managed by BlueOrchard. 13. DCDC Health services private limited (DCDC), operating dialysis centers under its brand DCDC Kidney Care, has secured a strategic investment of Rs 82 crore (nearly $10 million) from British International Investment (BII) 14. Space technology startup Pixxel has raised an additional $24 million as part of its Series B funding round, bringing the total funding in the round to $60 million. 15. Noida-based at-home beauty services startup YesMadam is facing backlash over allegations of mass layoffs following an internal stress survey. According to an employee, over 100 workers were fired after participating in a survey assessing their stress levels. 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.