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Top News of the Day: 1. Decathlon India posts Rs 4,008 Cr revenue and Rs 197 Cr PAT in FY24 2. The Securities and Exchange Board of India (Sebi) is considering allowing startup founders to retain employee stock options (Esops) even after their company goes public. 3. Elon Musk received a summons in a case filed by the Securities and Exchange Commission (SEC) over allegations he delayed disclosing his large stake in Twitter, which he later acquired and renamed X. 4. Hindustan Unilever Ltd is acquiring a 14.3% stake in Lucro Plastecycle Pvt. Ltd, a recycling and engineered plastics manufacturer supported by Circulate Capital. 5. India needs at least 125 Fortune 500 companies to bolster its economy to a $5 trillion target, according to Hari Om Rai, founder of Lava International. 6. Qila Games, a hybrid-casual gaming startup, has raised $1 million in its pre-seed funding led by Chimera VC. 7. Nvidia will establish a quantum computing research lab in Boston, collaborating with Harvard and MIT. Announced by CEO Jensen Huang at Nvidia's software developer conference 8. Former Twitter CEO Jack Dorsey expressed admiration for Tesla, responding to a Tesla post with "i love tesla." 9. Al for all: VideoSDK introduces NAMO open-source real-time speech model with 20x cost reduction 10. Ribbit Capital, a fintech-focused venture firm, plans to raise $500 million for its latest flagship fund, having previously backed Indian fintech unicorns like BharatPe, CRED, and PhonePe. 11. Union Minister Piyush Goyal emphasized the critical role of MSMEs in the IT sector in achieving India's $450-billion services export target for the next financial year. 12. Storia Foods revenue spikes 51% to Rs 169 Cr in FY24 13. Zomato has officially rebranded as ‘Eternal Limited’ after receiving approval from the Ministry of Corporate Affairs, effective March 20, 2025. 14. Ola Electric faced scrutiny for discrepancies between reported sales figures and government vehicle registrations, with only 8,600 registered compared to the claimed 25,000 sales in February. 15. TVS Motor Company has appointed Peyman Kargar as Head of International Business to enhance its presence in advanced economies. 16. Regional language-focused over-the-top (OTT) platform Stage has raised $12.5 million in its Series B round led by Good Water and Blume Ventures. 17. Perplexity AI is in early talks to raise up to $1 billion in funding at $18 billion valuation, Bloomberg reported. This new funding round could potentially double the AI startup's valuation from $9 billion 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.