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Top news of the day: 1. Flipkart's Head of Product, Ravi Krishnan, has exited the company after a decade-long tenure, announcing his departure on LinkedIn. 2. Digital lending startup Fibe has promoted Vimal Saboo to CEO of its NBFC arm, EarlySalary Services Private Limited. 3. Adani Group is positioned to acquire Jaiprakash Associates Ltd (JAL), currently undergoing insolvency processes, with a notable bid of INR 12,500 crore, including an upfront payment of INR 8,000 crore. 4. MakeMyTrip has repurchased over 34 million Class B shares from China-based Trip.com, reducing Trip.com's voting power from 45.34% to 16.90%. 5. OYO's European holiday home brand, DanCenter, plans to expand in India by adding 250 vacation homes in FY26, responding to increasing demand for premium, managed vacation homes. 6. Lenskart has strategically invested in Mumbai-based deep-tech startup Ajna Lens, known for AI-powered XR glasses, to bolster innovation in the smart glasses segment. 7. Zomato faces criticism from the National Restaurant Association of India (NRAI) over a new long-distance service fee, which charges restaurants INR 15 for deliveries between 4 to 6 km and INR 25 to INR 35 for longer distances. 8. Info Edge-backed NoPaperForms, the parent company of Meritto, has converted into a public entity and is gearing up for a stock exchange listing soon. 9. BlackBuck's subsidiary, TZF Logistics Solutions Pvt Ltd, has received a prepaid payment instrument (PPI) license from the Reserve Bank of India (RBI). 10. Reliance is transferring its consumer goods business from Reliance Retail Ltd (RRL) to a new entity, New Reliance Consumer Products Ltd (New RCPL), as part of internal restructuring. 11. Yum! Brands Inc is negotiating a merger between its Indian franchisee partners, Devyani International Ltd (DIL) and Sapphire Foods India Ltd, potentially through a share swap deal. 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.