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Medial • 2d
Top news of the day: 1. Netflix and Disney are integrating Runway AI's generative video technology into their production processes to enhance creativity and reduce costs. 2. Netrasemi, a Kerala-based semiconductor startup, raised Rs 107 crore from Zoho Corporation and Unicorn India Ventures. 3. MakeMyTrip has entered the global experiences market with a new booking platform, offering over 200,000 activities in 1,100 cities across 130 countries. 4. Tata 1mg reported a 20% growth in FY25 turnover to Rs 2,392 crore. Its primary entity, Tata 1mg Technologies, saw revenue of Rs 375 crore and profit after tax rise threefold to Rs 65 crore. 5. The Indian rupee halted its six-session losing streak but remained steady against the U.S. dollar, closing at 86.4050 despite the recovery of Asian currencies. 6. PVC pipes and fittings manufacturers are expected to witness a recovery in fiscal year 2023 due to robust end-user demand and a stable price environment, according to Crisil Ratings. 7. Nestle India has appointed Manish Tiwary as its new Chairman, effective August 1, 2025, following Suresh Narayanan's retirement. 8. InMobi, backed by SoftBank, plans to raise $1 billion through an IPO in Mumbai, aiming for a $5-6 billion valuation. 9. Walmart is launching AI-powered "super agents" to enhance its e-commerce operations and improve customer experience. 10. SuperK, an Andhra Pradesh-based budget retail chain, raised Rs 100 crore in a Series B funding round, co-led by Binny Bansal’s 3STATE Ventures and Mithun Sacheti. 11. Enlite, a Mumbai-based infra automation startup, raised Rs 46 crore in a funding round led by Avaana Capital, with participation from Claypond Capital. 12. BigBasket, backed by Tata Digital, saw its FY25 turnover drop due to intense competition from Blinkit and Zepto in the quick commerce market. 13. Alphabet has raised its 2025 capital spending forecast by $10 billion to $85 billion, driven by increasing demand for cloud services and competition in AI. 14. Angel One plans to partner with Singapore-based Livwell to establish a "digital-first" life insurance company. 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.
Passionate about Pos... • 2m
Semiconductor investments approved by India. 1. Micron Technology - Rs 22,516 crore - Sanand, Gujarat. 2. Tata Electronics & Powerchip - Rs 91,000 crore - Dholera, Gujarat. 3. Tata Electronics - Rs 27,000 crore - Morigaon, Assam. 4. CG Power + R
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