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
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
https://www.livemint.com/news/meta-to-launch-a-new-twitter-competitor-threads-this-week-all-you-need-to-know-11688431623110.html
mint
Threads: Mark Zuckerberg's Meta Twitter-killer is here; All you need to know
Meta, the parent company of Facebook, is set to launch Threads, a Twitter competitor, on July 6. Threads aims to provide an alternative platform for social networking and discussions, addressing concerns raised about Twitter's limitations and controversies.
"#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
https://www.livemint.com/news/healthifyme-to-launch-online-store-this-quarter-ceo-tushar-vashisht-rules-out-ipo-plans-near-term-11688402855255.html
mint
HealthifyMe's CEO Tushar Vashisht rules out IPO plans in near term; talks about AI initiatives
The company’s founder and CEO Tushar Vashisht spoke to Mint in a freewheeling conversation about HealthifyMe’s IPO plans, AI-based nutritionist Ria, further expansions and his upcoming musical concert.
#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
https://www.livemint.com/news/india/why-is-musk-angry-and-why-is-openai-being-sued-11688448802931.html
mint
Mint Explainer: Why did Elon Musk cap the number of Twitter posts you can read?
The move is meant to tackle ‘data scraping’, a practice that has sparked lawsuits against OpenAI and Microsoft. What is it and why does it matter so much?
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
https://www.livemint.com/specials/twentyfive-years-on-titanic-feels-like-a-prophecy-11688455164079.html
mint
Twenty-five years on, “Titanic” feels like a prophecy
We are all Rose and Jack now
#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
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
https://www.livemint.com/companies/credit-suisse-investor-group-seeks-better-ubs-takeover-price-report-11688463183645.html
mint
Credit Suisse investor group seeks better UBS takeover price: Report
Under the deal, sealed last month, Credit Suisse shareholders were offered one UBS share for 22.48 Credit Suisse shares, valuing the stricken bank at 3 billion Swiss francs or $3.35 billion.
#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
https://www.livemint.com/money/personal-finance/will-my-office-policy-cover-maternity-costs-11688405496528.html
mint
Will my office policy cover maternity costs?
Typically, group health insurance policies offered by employers carry a sub-limit for maternity delivery claims.
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
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
mint
Indian Gen Z consumers aspire to buy homes, travel abroad
77% of Gen Z consumers aspire to become homeowners, 59% dream of buying a car and 55% expressed their desire to travel abroad
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
https://www.livemint.com/companies/news/hpe-to-make-in-india-partners-with-vvdn-to-manufacture-servers-worth-1-billion-11688470491913.html
mint
HPE to ‘Make in India’, partners with VVDN to manufacture servers worth $1 billion
With a rapidly growing electronic manufacturing ecosystem in India, the facility will support the growing demand from customers in the country and strengthen and diversify HPE’s global supply chain
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
https://www.livemint.com/companies/news/jm-financial-debuts-private-credit-fund-to-raise-rs-600-cr-in-first-close-11688477318512.html
mint
JM Financial debuts private credit fund to raise ₹600 cr in first close
JM Financial Group will invest debt capital in local companies via a new fund, adding another asset class to its portfolio that already includes private equity, distressed assets, non-banking finance and mutual funds
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
https://www.livemint.com/industry/telecom/jiobharat-can-get-100-mn-subs-to-jio-delay-tariff-hikes-for-airtel-vi-11688477955139.html
mint
JioBharat can get 100 mn subs to Jio, delay tariff hikes for Airtel, Vi
With the JioBharat phone, the No 1 carrier is once again aiming at the bottom of the pyramid which is bound to bring to halt any incremental tariff increases by Bharti Airtel and Vodafone Idea or any tariff corrections, which will be a negative impact on…
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
https://www.livemint.com/news/india/housing-sales-down-1-in-jan-jun-gross-office-leasing-up-3-knight-frank-11688477473610.html
mint
Housing sales down 1% in Jan-Jun; gross office leasing up 3%: Knight Frank
Knight Frank India said housing sales have dipped 1 per cent to 1,56,640 units in January-June from 1,58,705 units in the year-ago period.
#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
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
https://www.livemint.com/companies/news/dabur-india-adds-five-new-100-crore-brands-expects-expansion-in-gross-margins-11688487205615.html
mint
Five more Dabur brands cross ₹100 crore sales in FY23
Brands to enter the billion rupee portfolio during the last fiscal include—Honitus, Real drinks, Odomos, Dabur herb’l and Badshah spices.
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
https://www.livemint.com/companies/news/carl-zeiss-plans-biggest-lens-factory-in-india-for-250-mn-11688488631822.html
mint
Carl Zeiss plans biggest lens factory in India for €250 mn
The capacity for 260,000 Carl Zeiss lenses a day, is six times what the firm produces today
H&M, the Swedish fast-fashion retailer, is set to expand its presence in India by opening six more stores and enter three cities by the end of 2023, besides focusing on boosting its online sales, said a top company executive.
https://www.livemint.com/companies/news/hm-india-bets-on-omnichannel-model-to-expand-footprint-11688489117694.html
https://www.livemint.com/companies/news/hm-india-bets-on-omnichannel-model-to-expand-footprint-11688489117694.html
mint
H&M India bets on omnichannel model to expand footprint
For FY22, H&M India, which operates 51 stores, posted revenue of ₹2,115.18 crore, up 49% from a year ago, while its profit rose to ₹25.29 crore, according to data by business intelligence platform Tofler.
For FY22, H&M India, which operates 51 stores, posted revenue of ₹2,115.18 crore, up 49% from a year ago, while its profit rose to ₹25.29 crore, according to data by business intelligence platform Tofler.
Read here: https://www.livemint.com/companies/news/hm-india-bets-on-omnichannel-model-to-expand-footprint-11688489117694.html
Read here: https://www.livemint.com/companies/news/hm-india-bets-on-omnichannel-model-to-expand-footprint-11688489117694.html
While approval ratings for #RishiSunak's Labour opponent #KeirStarmer also fell by 2 percent, they still remained positive at 7 percent.
Read here: https://www.livemint.com/news/world/uk-pm-rishi-sunaks-approval-ratings-plunge-into-negative-for-the-first-time-since-taking-office-11688517740205.html
Read here: https://www.livemint.com/news/world/uk-pm-rishi-sunaks-approval-ratings-plunge-into-negative-for-the-first-time-since-taking-office-11688517740205.html
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The white powder substance was discovered in the West Wing of the #WhiteHouse.
https://www.livemint.com/news/world/cocaine-found-at-the-us-white-house-joe-biden-presidential-complex-all-you-need-to-know-11688521848109.html
https://www.livemint.com/news/world/cocaine-found-at-the-us-white-house-joe-biden-presidential-complex-all-you-need-to-know-11688521848109.html
mint
White House shut as Cocaine found in areas frequented by Joe Biden; All you need to know
Cocaine found in the US Presidential complex led to the temporary closure of the White House. The substance was determined to be non-hazardous.
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