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Top news of the day: 1. Hackers linked to Israel reportedly drained over $90 million from Iran's largest cryptocurrency exchange, Nobitex. 2. Google faced a setback in its attempt to overturn an EU antitrust fine related to Android. 3. Entrepreneur and investor Nikhil Kamath has invested in One Hand Clap Media, a creative agency founded by ex-All India Bakchod executives Aakash Shah and Naveed Manakkodan. 4. Attero, an e-waste recycling company, plans a Rs 100 crore investment to increase its rare earth recycling capacity from 300 to 30,000 tonnes over two years. 5. Groww, a Bengaluru-based stockbroker, plans to apply for an Online Bond Platform Provider (OBPP) licence to expand into corporate bond distribution via its mobile app. 6. Shares of French satellite operator Eutelsat surged after announcing a 10-year, โฌ1 billion deal with the French government to provide satellite connectivity for the military. 7. Oswal Pumps' IPO, oversubscribed 14.19 times, is set for listing, reflecting strong investor confidence. 8. Mukund Acharya has been appointed as the Chief Technology Officer (CTO) of Sony Pictures Networks India (SPNI). 9. OpenAI has introduced ChatGPT Record mode for Pro, Enterprise, and Edu users, initially available on macOS desktop apps at no extra cost. 10. Okinawa Autotec, an electric vehicle startup, has raised Rs 60 crore from Dhruv Khush Business Ventures amid challenges like funding issues, declining market share, and reduced revenues. 11. Indian deeptech funds, like Speciale Invest and Ideaspring, are raising new funds amid growing interest in deeptech sectors such as AI and robotics. 12. Canva has integrated Google's Veo 3 video generation model, introducing a feature allowing users to create eight-second video clips with sound using text or voice prompts. 13. An EY-backed resolution professional has filed lawsuits at the NCLT against former Byjuโs directors, claiming they owe compensation for fraudulent asset transfers. 14. Amazon India plans to invest over Rs 2,000 crore in 2025 to expand and enhance its operations network across India 15. Finance Minister Nirmala Sitharaman urged fintech startups to address digital arrests, deepfakes, and cyber fraud at the Digital Payments Awards 2025. 16. Honasa Consumer, the parent company of Mamaearth, has approved the grant of 53,322 stock options, valued at Rs 1.6 crore based on current trading prices, to eligible employees under its 2018 ESOP plan 17. Zoho has launched Zia Hubs as part of its AI strategy, focusing on organizing and gaining insights from unstructured business data. 18. Home services marketplace Urban Company recorded a 38.2% year-on-year revenue growth to Rs 1,144 crore during the fiscal year ended March 2025 (FY25), according to its annual report. 19. Swiggy announced that Saurav Goyal will now lead its Driver and Delivery operations. He will fill Shrivastava's position, but the firm didnโt mention his (Shrivastava) resignation. 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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In a significant move to bolster its financial position and support future growth, Bank of Baroda (BoB), one of India's largest public sector banks, has announced plans to raise substantial capital through debt instruments and long-term bonds. The ba
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๐ฅณ๐คฏ The government of Uttar Pradesh has received proposals for projects totalling around Rs 40,038 crore under its new policy to incentivise semiconductor manufacturing and attract global investments in the state, its investment promotion agency Inv
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Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,
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India's leading media conglomerate, JioStar, has announced plans to invest Rs 33,000 crore in content creation and acquisition for the financial year 2025-26. This significant allocation underscores the company's commitment to strengthening its posi
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Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R
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Shark Tank India-featured food brand WickedGud has raised Rs 20 crore in a funding round led by Orios Venture Partners, with participation from Asiana Fund and existing investors. The Mumbai-based startup, which markets itself as a โbetter-for-youโ
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๐คฏ ITC ๐ฅ ITC paid over Rs 1 crore annual salary to 350 employees in the financial year 2023-24 (FY24), the company said in its annual report. This is 68 more employees than the 282 employees who received over Rs 1 crore salary in the financial ye
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Oyo estimates Rs 1,100 crore PAT for FY26: Founder Ritesh Agarwal Travel tech unicorn OYO estimates its profit after tax to touch Rs 1,100 crore in the next financial year 2025-26, according to projections shared by Founder Ritesh Agarwal with the c
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Indian electronics manufacturer Dixon Technologies is reportedly preparing to open a new facility in Chennai for producing laptops for four leading notebook brands in India. According to an ET report, the facility is expected to become operational
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