New Delhi: Kavin Bharti Mittal’s startup, Hike, has now closed down for good after 13 years. The shutdown isn’t even happening in India, even its recently formed US business is shutting down. The primary reason? India’s recent real money gaming (RMG) ban, which stunned the entire gaming community and left Hike without a viable way to survive. Hike’s adventure started as a messaging app, which was once utilized by over 100 million users. It used to be simply referred to as “India’s answer to WhatsApp” and one of the favorite homegrown internet brands. However, with global technology titans such as…
Author: Ansh Singh
New Delhi: PepsiCo is among several big companies and private equity (PE) firms now in the race to buy a stake in Balaji Wafers, the Rajkot-based snacks maker. Reports say the deal being discussed is for about 10% ownership, valuing the company at around ₹40,000 crore, making it one of the highest valuations ever for an Indian snack brand. The interest comes at a time when Balaji is looking to expand across India beyond its stronghold in western and central regions. For FY24, the company posted revenues of nearly ₹5,453.7 crore, growing 10–11% year-on-year, while its profit after tax…
New Delhi: Over the last couple of months, an increasing number of popular artists have begun removing their tracks from Spotify and other large streaming platforms. Among the bands involved are Godspeed You! Black Emperor, Deerhoof, Xiu Xiu, King Gizzard and the Lizard Wizard, and singer-songwriter David Bridie. What began as a battle over equitable artist payments has since escalated into a broader protest against Spotify’s course and even its CEO’s individual decisions. Artists Call Royalties “Insulting” Musicians have long grumbled about their pay on streaming. On Spotify, artists typically receive only $0.003 to $0.005 per stream, hardly a few…
New Delhi: Amazon after the company suspended a Palestinian software engineer, Ahmed Shahrour, for openly criticizing its business with the Israeli government. Shahrour, who works in Amazon’s Whole Foods division, raised his voice against Project Nimbus, a multi-billion-dollar cloud contract Amazon and Google signed with Israel in 2021. This initiative offers cloud services, datacenters, and artificial intelligence tools to Israel. However, most employees are in fear that the technology will be used in surveillance and military operations, primarily in Gaza and Palestinian occupied territories. Why he was suspended? Shahrour made his reservations on Amazon’s internal Slack channels and even posted…
New Delhi: Apple’s big annual event, the much-talked-about “Awe Dropping” showcase, was not just about new gadgets but also about the special guests invited to Cupertino, California. Just before the official launch of the iPhone 17 series, Indian faces made their presence felt at Apple’s headquarters – and one of them was Navya Naveli Nanda, granddaughter of Amitabh Bachchan. Navya, who runs her women empowerment project Naveli, got a rare chance to meet Apple CEO Tim Cook inside Apple Park. She later shared her experience with a short post on Instagram – “Day 1 with Apple.” Her mom, Shweta Bachchan,…
Surat: The Indian automobile industry is rapidly changing in the wake of escalating incomes, shifting consumer desires, and policy changes that facilitate growth. Against this backdrop of change, CARS24 Elite Surat has marked an eye-catching presence with its recently opened franchise showroom—Y Zone, located close to VR Mall on Dumas Road. This is a major leap not just for the city of Surat but for the broader automobile ecosystem in Gujarat. A First for Gujarat’s Automobile Market The Y Zone franchise is the first running CARS24 Elite franchise in Gujarat, which is one of the more industrialized states in the…
New Delhi: Apple’s September 2025 event was all about the new iPhone 17 series and accessories, but one thing stood out apart from the gadgets, India’s growing role in Apple’s production story. Let’s break it down in a simple way, Apple launched four new iPhones: iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max. The biggest hype is around the iPhone 17 Air. At just 5.6mm thick, it is Apple’s slimmest iPhone ever. It feels more like holding a card than a phone. Honestly, this model seems designed for people who love sleek looks and light…
When we think of health, the first things that come to mind are weight, waistline, or maybe even BMI charts. But here’s a surprising truth, your neck size could reveal more about your hidden health risks than you realise. For years, doctors and fitness experts have been pointing out the shortcomings of BMI. After all, BMI can’t tell if your weight comes from muscle or fat, and it definitely doesn’t reveal where fat is stored in your body. An athlete, for example, might have a high BMI but very little unhealthy fat. That’s why neck circumference is getting attention as…
New Delhi: The United States and China are getting close to an agreement on TikTok, but the deal might depend on whether Washington agrees to Beijing’s trade-related demands, U.S. Treasury Secretary Scott Bessent said on Monday before heading into another round of talks in Madrid. The discussions between the two delegations are focused on TikTok’s U.S. operations, which parent company ByteDance may be forced to sell. At the same time, the talks are covering wider trade issues, including tariffs and economic policy. “Our Chinese counterparts have put forward some very tough demands,” Bessent told reporters alongside U.S. Trade Representative Jamieson…
Mumbai: Galaxy Medicare Limited (The Company, Galaxy) is a manufacturer, trader, and exporter of medical devices, Plaster of Paris (POP) bandages, and surgical dressings. It proposes to open its Initial Public Offering on Sep 10, 2025, aiming to raise ₹ 22.31 Crores (at upper price band) with shares to be listed on the NSE Emerge platform. The issue size is 41,32,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 51 – ₹ 54 Per Share. Equity Share Allocation Qualified Institutional Buyer – Not more than 80,000 Equity Shares Non-Institutional Investors – Not less than 15,36,000 Equity Shares Individual Investors – Not less than 23,08,000 Equity…

