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Medial • 8h
Top news of the day: 1. India is set to become the fourth-largest electric vehicle (EV) manufacturer by 2030, following China, Europe, and the US, with a projected production capacity of 2.5 million units, according to a Rhodium Group report. 2. Homey, a co-living startup, aims to operate over 10,000 beds by 2027, focusing on hybrid holistic living and value-based education. 3. Shri Hare-Krishna Sponge Iron Limited, a sponge iron manufacturer from Raipur, is launching a ₹29.91 crore IPO on the NSE Emerge platform. 4. Accenture surpassed Wall Street forecasts for third-quarter revenue, posting $17.7 billion, exceeding the anticipated $17.30 billion. 5. Swiggy has introduced a pilot travel and lifestyle concierge app called Crew, combining human concierges with AI to aid in trip planning, marking a new venture beyond its food delivery and other services. 6. The Indian government plans to launch an online dispute resolution portal for Micro, Small and Medium Enterprises (MSMEs) on June 27. 7. Kalpataru Ltd, a Mumbai-based property developer, sold properties worth Rs 2,727.24 crore during April-December of the last fiscal. 8. TI Clean Mobility, part of the Murugappa Group, aims for a $1 billion turnover in 4-5 years, driven by accelerated electric vehicle launches. 9. Delhivery, an Indian courier firm, launched a short-haul parcel transport service to compete with companies like Uber and Porter. 10. Elevation Capital sold 53.9 lakh shares in Ixigo's parent company for Rs 97.4 crore, marking a 25x return. 11. OYO-owned co-working firm Innov8 has sold a 3% stake at a valuation of Rs 1,000 crore to expand its flexible workspace offerings, driven by growing demand. 12. YouTube Shorts has reached a significant milestone with 200 billion daily views, announced CEO Neal Mohan at the 2025 Cannes Lions Festival. 13. Customer loyalty and engagement solutions provider Capillary Technologies has filed its Draft Red Herring Prospectus (DRHP) with SEBI as it gears up for a public listing. 14. Insurtech firm Renewbuy has reportedly raised $10 million (approximately Rs 86 crore) in fresh funding from its existing investors, London-based Apis Partners and 360 One (formerly IIFL Wealth). 15. Kuku FM co-founder Lal Chand Bisu has accused rival Pocket FM of conducting a smear campaign. 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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