Google DeepMind and Film Studio A24 Sign Major AI Deal
Google DeepMind has signed a historic AI research partnership with the acclaimed independent film studio A24. According to an official announcement on the Google Blog, the two organisations are teaming up to explore how advanced AI can support filmmakers and creative professionals without replacing human artistry. “We believe the best way to develop tools that…
ABHYUDAYA MITTAL
Meta Invests $900M in CRED; Kunal Shah to Lead WhatsApp
In one of the most high-profile leadership shifts in the global technology ecosystem, Meta Platforms Inc. has announced a massive $900 million investment in Indian fintech unicorn CRED. Concurrently, CRED’s charismatic founder, Kunal Shah, will step away from daily operations to become the global chief executive of WhatsApp. According to an official company announcement, Meta’s…
Sun Pharma to Buy Innovcare for $28.7M
Sun Pharma said on Saturday that they are acquiring 100% Innovcare Lifesciences for ₹271.2 crore ($28.7 million). This was a very big move by Sun Pharma to expand its presence in wellness and nutraceutical markets. The pharmaceutical major signed a definitive agreement to purchase all outstanding shares in an all-cash transaction, with the deal expected…
Shipra Prajapati
L’Oréal To Buy Majority Stake In Bare Anatomy Parent
French cosmetics giant L’Oréal has signed a definitive agreement to acquire a controlling majority stake in the Indian digital-first personal care house of brands, Innovist. This brand is widely recognised as the parent company of popular science-led beauty and haircare brands, including Bare Anatomy, Chemist at Play, and SunScoop. ​L’Oréal announced the acquisition of a…
Himanshu
Adani Green Seeks $1B Offshore Loan Post-US Settlement
Adani Green Energy Ltd. is in early talks to raise up to $1 billion through an international offshore loan. This marks the company’s first major overseas borrowing since resolving its recent legal issues with United States regulators. According to Bloomberg reports, the proposed five-year loan facility will likely be raised in two tranches over the…
Vipin Kumar
RIL AGM 2026: Jio IPO Filing & What to Expect
Reliance Industries Limited (RIL) will host its highly anticipated 49th Annual General Meeting (AGM) on Friday, June 19, 2026, at 2:00 PM IST. The major corporate event is drawing intense global market attention following reports that telecom giant Reliance Jio Infocomm is set to file its draft red herring prospectus (DRHP) for a massive $4…
Bhumika
Arun Misra to Lead Vedanta Group as CEO After Demerger
Arun Misra is expected to become the CEO of Vedanta Ltd. within the next two months, according to media reports. He has led Hindustan Zinc since 2020, and under his leadership, the company’s FY26 revenue grew nearly 20% to ₹40,844 crore, while profit increased 34% to ₹13,832 crore. The leadership change comes as Vedanta transitions…
Jio Enters Global Top 20 WIPO Patent Rankings
The World Intellectual Property Organisation (WIPO) has released the top 20 global patent rankings, in which Jio Platforms Limited has achieved a historic milestone. The Indian telecom and technology giant made a massive leap by jumping 320 places to secure the 20th position globally. With this achievement, Jio has become the only Indian technology company…
Yash Sharma
SpaceX Prices Historic $75 Billion IPO at $135 a Share
Elon Musk’s rocket and satellite company, SpaceX, has made financial history by setting the price for its highly anticipated initial public offering (IPO). The company locked in its final stock price at exactly $135 per share. This monumental move has officially allowed SpaceX to raise a record-breaking $75 billion through the public market debut. By…
Meta and Reliance Partner for AI Data Centre in India
Meta is collaborating with billionaire Mukesh Ambani’s Reliance Industries to build its very first AI-enabled data centre in India. Tech giant Reliance will build this new facility at its massive industrial campus in Jamnagar, Gujarat. Under this major agreement, Reliance will design, build, and operate a 168-megawatt (MW) data centre. Meta will lease the entire…
