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<strong>HDFC life Insurance concludes the merger with Exide Life.</strong>-thumnail

HDFC life Insurance concludes the merger with Exide Life.

HDFC Life had acquired 100% stake in Exide Life Insurance Company from its parent Exide Industries for ₹6,687 crores. HDFC Life Insurance has concluded the merger of Exide Life, marking

Finance

Oct 15, 2022

Zee Entertainment enterprises’ 99.99% of shareholders approve its merger with Sony-thumnail

Zee Entertainment enterprises’ 99.99% of shareholders approve its merger with Sony

Zee TV and Sony Entertainment Television are the flagship channels of the two networks in Hindi general entertainment. The two players have a combined viewership share of 36 percent in

Entertainment

Oct 15, 2022

Private equity firm Everstone Capital actively considering selling its stake in Restaurant Brands Asia Ltd.-thumnail

Private equity firm Everstone Capital actively considering selling its stake in Restaurant Brands Asia Ltd.

Restaurant Brands Asia, earlier known as Burger King India Ltd, was incorporated in 2013 as a result of a partnership between Everstone Capital and Burger King Worldwide to bolster the

Industry

Oct 15, 2022

Anita Hassanandani led D2C beauty startup Better Beauty raises $200K from Lotus Herbals-thumnail

Anita Hassanandani led D2C beauty startup Better Beauty raises $200K from Lotus Herbals

Better Beauty said that it aims to achieve INR 7.2 Cr annual revenue rate and grow its product portfolio up to 10 in a year. It sells products via its

Industry

Oct 15, 2022

<strong>Fintech startup Mobikwik raises $6.7Mn in debt from Blocksoil and Karnation; updates ESOP policy.</strong>-thumnail

Fintech startup Mobikwik raises $6.7Mn in debt from Blocksoil and Karnation; updates ESOP policy.

The regulatory filings also show that MobiKwik has updated its ESOP 2014 policy, specifically regarding the time frame within which employees can execute the options in the event of termination

Finance

Oct 15, 2022

Ed-tech startup Supernova raises $1.1 million in pre-seed funding-thumnail

Ed-tech startup Supernova raises $1.1 million in pre-seed funding

Supernova was started by Anirudh, Nawin, and Maharishi in 2021. Targeted towards kids aged 4-12, the edtech firm aims to redefine the current passive forms of learning by making learning

Industry

Oct 15, 2022

<strong>Zoom car inks merger pact with Innovative International Acquisition Corp worth $456 Mn</strong>-thumnail

Zoom car inks merger pact with Innovative International Acquisition Corp worth $456 Mn

The move comes a year after the decade-old startup first floated an IPO plan in June 2021 via a special purpose acquisition company (SPAC). Founded in 2013 by Greg Moran

Industry

Oct 15, 2022

<strong>Netflix to unveil its ad-supported plan on 3rd November for 12 markets; India not on list yet.</strong>-thumnail

Netflix to unveil its ad-supported plan on 3rd November for 12 markets; India not on list yet.

Under the ad-supported model, video quality will be of up to 720p/HD and there would be 4 to 5 minutes of advertisements per hour on an average. On the other

Entertainment

Oct 15, 2022

In September, India’s export growth fell to a 19-month low-thumnail

In September, India’s export growth fell to a 19-month low

According to preliminary trade figures provided earlier this month, exports fell by 3.52% in September. Official statistics revealed that India’s merchandise exports expanded at the weakest rate in 19 months,

Industry

Oct 15, 2022

Despite poor markets, Rakesh Jhunjhunwala’s portfolio stock hits the upper circuit-thumnail

Despite poor markets, Rakesh Jhunjhunwala’s portfolio stock hits the upper circuit

On Friday, Rakesh Jhunjhunwala’s portfolio business announced the complete acquisition of its subsidiary company DB Man. Despite today’s stock market downturn, Rakesh Jhunjhunwala-backed DB Realty shares have reached the upper

Industry

Oct 15, 2022

<strong>Tech giant Infosys limited’s board approves share buyback worth Rs 9,300 crore.</strong>-thumnail

Tech giant Infosys limited’s board approves share buyback worth Rs 9,300 crore.

The company has also informed that it will be utilizing at least 50 percent of the amount of the maximum amount fixed for the buyback i.e. Rs 4,650 crore. The

Education

Oct 15, 2022

Edtech unicorn PhysicsWallah forays into book publishing and government job preparation-thumnail

Edtech unicorn PhysicsWallah forays into book publishing and government job preparation

The acquisitions will help PhysicsWallah to expand to CUET and state-level government exams segments that have seen limited penetration by edtech companies. India’s newest edtech unicorn PhysicsWallah has made forays

Education

Oct 14, 2022


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