Swiggy, as per its latest updated DRHP submitted to SEBI, is going for a massive ₹10,250 crore (~$1.25B), making it one of the biggest in the country. The issue includes a fresh…
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US set to ban Chinese auto imports with a block on sale or import of Chinese vehicle software
A move that is set to escalate an already aggravated US-China trade war, the Biden administration is proposing a new set of rules, that would effectively end the import and sale of…
Oyo buys US motel chain ‘Motel 6’ from BlackStone for $525Mn
Oyo, the Indian hotel aggregator upstart that recently turned profitable and has been aggressively ramping up international presence, has bought US motel chain ‘Motel 6’ from Blackstone, for $525Mn, reports WSJ. The…
Apple iOS 18 is now available to download
Apple’s highly anticipated OS upgrade for iPhones — the iOS 18 — is now available for everyone to download. The new iteration comes with a long list of new features, making it…
Meta says users will be able to place calls to WhatsApp and Messenger using third party apps — but only by 2027
In a blog post detailing its steps to enhance interoperability between third party apps and WhatsApp/Messenger — which is BTW a mandatory now, thanks to DMA — Meta has announced a timeline…
Disney-India and Viacom 18’s $8Bn merger clears antitrust approval
India’s Competition Commission (CCI) delivered a decisive approval for the merger between Reliance owned Viacom 18 and The Walt Disney Company’s Indian media assets. This deal, valued at approximately ₹70,350 crore (around…
Zomato to acquire Paytm’s entertainment ticketing business for ₹2,048 crore
Zomato continues to move beyond its core offering of food deliveries – now, it intends to double down on making a mark in the “going-out” sector with the acquisition of Paytm’s movie…
Apple Q3 revenue rises despite China decline, sets revenue record in India
Apple reported better-than-expected financial results for its fiscal third quarter, ending June 29. The tech behemoth announced that its revenue climbed 4.9% year-over-year to $85.78 billion, surpassing analyst estimates of $84.53 billion,…
Apple launches public betas for iOS 18, MacOS Sequoia & others, but no ‘Apple Intelligence’ yet
Apple has launched the first public betas for its 2024 software updates, including iOS 18, iPadOS 18, macOS Sequoia, and watchOS 11. These initial releases allow users to test the latest features…
Markets favour a Jio spin-off from Reliance, with possible $112Bn valuation IPO in 2025: Jeffries report
Reliance-owned Jio, which is backed by the likes of Google, Microsoft, Meta among others, could set itself up for a staggering $112Bn IPO in the 2025 calendar year. According to a research…