GENERAL

Bain Capital Acquires 90% Stake in Adani Capital and Adani Housing:Report

Bain Capital Acquires 90% Stake in Adani Capital and Adani Housing:Report In a significant development in the financial and real estate sectors, global investment firm Bain Capital has announced its acquisition of a 90% stake in Adani Capital and Adani Housing. This strategic move marks a major milestone for both companies and could potentially reshape …

Meta’s Threads App Surpasses 10 Million Sign-Ups in Seven Hours, Emerging as a Potential Rival to Twitter, States Mark Zuckerberg

Meta’s Threads app, a new social media platform, has gained significant attention in its initial launch phase, amassing over 10 million sign-ups within the first seven hours. The app’s rapid growth has drawn comparisons to established platforms like Twitter, leading to speculation about its potential to attract users away from existing social media giants. However, …

Prashant Jhaveri, Chief Executive of Flipkart’s Online Pharmacy, is Leaving the Firm; Kanchan Mishra to Assume Role

Prashant Jhaveri, the current Chief Executive of Flipkart’s online pharmacy, is stepping down from his position. His departure will lead to the appointment of Kanchan Mishra, an internal candidate who previously oversaw the FMCG, home, and general merchandise business for the Walmart-owned e-tailer. This report provides a detailed overview of the leadership change at Flipkart’s …

Tomato Prices Skyrocket to ₹160 per kg in Madhya Pradesh’s Raisen, Impacts Consumers and Agricultural Sector

The cost of tomatoes has skyrocketed in Madhya Pradesh’s Raisen district, reaching an astonishing ₹160 per kilogram. This report sheds light on the surge in tomato prices, the factors contributing to the increase, and its potential impact on consumers and the agricultural sector. Surge in Tomato Prices: Tomato prices in Raisen have experienced a significant …