Reliance ADA Group Chairman Anil Ambani #AnilAmbani appeared before Enforcement Directorate (ED), in connection with a Foreign Exchange Management Act, 1999 (FEMA) case, according to reports.

Read here: https://www.livemint.com/companies/people/anil-ambani-questioned-by-enforcement-directorate-in-fema-case-reports-11688380272982.html

#Opinion | There will always be inequality because that is the instinctive objective of individual ambition. The central aim of a typical family is to provide an unfair advantage to the family’s children. Economic inequality is far less unnatural than people think.

Read here: https://www.livemint.com/opinion/online-views/us-supreme-court-s-ruling-on-affirmative-action-a-historic-moment-in-the-eternal-battle-of-two-flawed-arguments-11688321016249.html

#HeroMotoCorp on Monday stepped into #India’s ballooning market for premium lifestyle motorcycles with the launch of #HarleyDavidsonX440, a fully indigenized 440cc motorcycle it has co-created with the #Milwaukee-based cult motorbike maker.



Read here: https://www.livemint.com/companies/news/hero-rolls-out-440cc-harley-at-2-29-lakh-11688408126333.html

#StarSports and #JioCinema, the event's broadcasters, accumulated ₹4,700 crore through advertising. Franchises earned about ₹1,450 crore and #BCCI got about ₹430 crore.

Read here: https://www.livemint.com/industry/media/ipl-2023-ad-revenue-crosses-10-000-crore-11688402922149.html

As an investment avenue, agricultural land offers good returns, particularly if it is located near upcoming government infrastructure projects such as highways and airports.

https://www.livemint.com/money/personal-finance/the-importance-of-buying-agricultural-land-insights-and-risks-11688405401248.html

The non-fiction category had a rocky start to the year, lagging behind adult and young adult fiction until the launch of #Spare by the #DukeOfSussex.

Read here: https://www.livemint.com/news/world/prince-harrys-memoir-spare-becomes-one-of-the-best-selling-books-of-2023-11688431519954.html

The decision to launch #Threads comes in the midst of various controversies surrounding #Twitter, such as user limitations and issues with Bluesky, a competing platform founded by #JackDorsey.

https://www.livemint.com/news/meta-to-launch-a-new-twitter-competitor-threads-this-week-all-you-need-to-know-11688431623110.html

"#HealthifyMe increased its gross margins from 26% in 2016 to 72% in 2020 and this is solely because of our #AI capabilities," founder and CEO Tushar Vashisht said in an interview with Mint.

https://www.livemint.com/news/healthifyme-to-launch-online-store-this-quarter-ceo-tushar-vashisht-rules-out-ipo-plans-near-term-11688402855255.html

#ElonMusk stumped netizens once again with his move to limit the number of posts on microblogging site #Twitter which he now owns.

https://www.livemint.com/news/india/why-is-musk-angry-and-why-is-openai-being-sued-11688448802931.html

Effortless sinking-themed headlines awaited. "Titanic" became the first movie to earn $1bn and won 11 Oscars.

https://www.livemint.com/specials/twentyfive-years-on-titanic-feels-like-a-prophecy-11688455164079.html

#GautamAdani saw the highest wealth erosion in the first half of 2023 due to a bombshell report accusing his conglomerate of fraud.

The report lopped off close to $150 billion in market value & Adani posted the biggest one-day loss of any billionaire.

Read here: https://livemint.com/news/india/adani-saw-massive-60-2-billion-wealth-erosion-amid-hindenburg-row-as-elon-musk-mark-zuckerberg-led-852-billion-surge-11688469779781.html

A Swiss proxy adviser representing a former #CreditSuisse shareholders has backed a class-action lawsuit seeking a better price from UBS for its takeover of its cross-town rival, it said.

https://www.livemint.com/companies/credit-suisse-investor-group-seeks-better-ubs-takeover-price-report-11688463183645.html

#PersonalFinance | Typically, group health insurance policies offered by employers carry a sub-limit for maternity delivery claims.

https://www.livemint.com/money/personal-finance/will-my-office-policy-cover-maternity-costs-11688405496528.html

A majority of India’s #GenZ consumers aspire to become home owners, own a vehicle and realize the importance of savings to reach their goals, according to findings of a study by research firm Mintel.

https://www.livemint.com/news/india/majority-of-indian-gen-z-consumers-aspire-to-become-homeowners-and-car-owners-according-to-mintel-study-11688470732640.html

Hewlett Packard Enterprise (HPE) has partnered with original design equipment maker VVDN to begin manufacturing high-volume servers in India under the revised production linked incentive or PLI scheme.

https://www.livemint.com/companies/news/hpe-to-make-in-india-partners-with-vvdn-to-manufacture-servers-worth-1-billion-11688470491913.html

JM Financial Group has marked the first close of its maiden performing credit Fund – JM Credit Opportunities Fund – 1 raising over ₹600 crore (around $73 million).

https://www.livemint.com/companies/news/jm-financial-debuts-private-credit-fund-to-raise-rs-600-cr-in-first-close-11688477318512.html

Reliance Jio's new internet enabled 4G featurephone at ₹999 could disrupt the 2G market and help Jio gain market share by revenue as well as gain about 100 million subscribers, said brokerage houses.

https://www.livemint.com/industry/telecom/jiobharat-can-get-100-mn-subs-to-jio-delay-tariff-hikes-for-airtel-vi-11688477955139.html

Residential sector has recorded a sale of 156,640 units, down by 1 per cent during January-June period this year, while gross leasing of office space rose 3 per cent across eight major cities, according to Knight Frank India.

https://www.livemint.com/news/india/housing-sales-down-1-in-jan-jun-gross-office-leasing-up-3-knight-frank-11688477473610.html

#Byju's CEO Raveendran, co-founders Divya Gokulnath and Riju Ravindran, the promoters of the beleaguered edtech major, have together sold shares worth about $408.53 million in 40 secondary transactions since 2015, according to research and data platform PrivateCircle.

Read here: https://www.livemint.com/companies/byjus-promoters-have-sold-shares-worth-408-53-million-since-2015-report-11688480952408.html

Fast moving consumer goods company Dabur India added five new brands with sales greater than ₹100 crore in FY23, the company said in its fiscal 2023 annual report released to the exchanges.

https://www.livemint.com/companies/news/dabur-india-adds-five-new-100-crore-brands-expects-expansion-in-gross-margins-11688487205615.html

Carl Zeiss India is investing over €250 million to build a spectacle lens production facility in Bengaluru, which will be the German optical systems group’s largest ‘vision’ factory in the world.

https://www.livemint.com/companies/news/carl-zeiss-plans-biggest-lens-factory-in-india-for-250-mn-11688488631822.html