Top News of the day: 1. Amazon-backed More Retail plans to go public next year, seeking to double its store count within five years as consumer preference shifts toward supermarkets and online grocery shopping. 2. Amazon has onboarded BRISKPE as a Payment Service Provider to facilitate cross-border payments for Indian sellers on its marketplace. 3. The Good Glamm Group is negotiating to sell MissMalini Entertainment to Creativefuel for Rs 4 crore amid financial difficulties 4. Investors are increasingly considering secondary sales of private credit holdings amid market volatility triggered by trade wars under U.S. President Donald Trump. 5. Raghu Krishnananda, Myntra's Chief Product and Technology Officer (CPTO), has resigned after a five-year tenure to explore new opportunities outside the company. 6. Unacademy's newly launched app, Airlearn, with over 70,000 daily users and 17,500 paid subscribers, focuses on foreign language learning. 7. Urban Company has received board approval to reduce its IPO size to ₹528 crore from an initially planned ₹3,000 crore. 8. Alpha Wave Global and DigitalBridge Group are vying to acquire Carlyle’s 24.04% stake in Nxtra Data, potentially valuing Bharti Airtel’s data centre arm at Rs 20,500 crore ($2.4 billion), according to The Economic Times. 9. K12 Techno Services, operating Orchids International Schools, is expected to see moderated revenue growth in FY25 10. Myntra's Chief Product and Technology Officer (CPTO), Raghu Krishnananda, has resigned after five years to pursue new ventures. Until a new CPTO is appointed, his team will report to CEO Nandita Sinha. 11. US President Donald Trump signed a bill nullifying the IRS's revised rule that expanded the broker definition to include decentralized cryptocurrency exchanges. 12. Meta has raised concerns over India's Digital Personal Data Protection (DPDP) Act, specifically regarding restrictions on profiling minors, data localisation, and verifiable parental consent. 13. American lenders are suing Byju Raveendran and his wife in a US bankruptcy court, alleging that over $500 million in loan proceeds are missing. 14. Google has unveiled Gemini 2.5, a more advanced AI model being integrated into its ecosystem, including developer tools and consumer apps. Gemini 2.5 Flash, faster and more cost-effective, is launching on platforms like Vertex AI. 15. US chipmakers outsourcing manufacturing, like Qualcomm and AMD, are exempt from China's retaliatory tariffs, as chips are classified by the wafer fabrication plant's location. 16. Delhivery is acquiring Ecom Express for Rs 1,407 crore, aiming for a smooth integration without needing additional technology adjustments. 17. Expert Dojo, a Southern California-based early-stage venture capital and growth accelerator firm, has announced an initial investment of $15 million in Indian startups as part of its newly launched $100 million third global fund. 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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