A fund operated by US investment major Vanguard has marked down the fair value of ride-hailing platform Ola’s parent ANI Technologies to $1.88 billion as of November 30. This is 29% lower than the previous Ola valuation of $2.65 billion as of August 31, as per regulatory filings with the US Securities and Exchange Commission (SEC). Funds managed by Fidelity reduced the valuation of Meesho and Pine Labs. Invesco increased Swiggy’s valuation by 9% to $8.5 billion. Vanguard Slashes Ola Valuation by 29% to Below $2 Billion A fund operated by US investment major Vanguard has marked down the fair…
Author: Editorial Team
Recently surfaced online is a video showing Alia Bhatt and Ranbir Kapoor rehearsing in Gujarat for Anant Ambani and Radhika Merchant’s pre-wedding festivities, suggesting a special performance by the Bollywood couple during the event. Alia Bhatt and Ranbir Kapoor, renowned figures in Bollywood, are also close friends of Akash Ambani. Today, a viral video captured both celebrities in Jamnagar, Gujarat, where Mukesh Ambani and Nita Ambani’s youngest son, Anant Ambani Radhika Merchant Pre-Wedding festivities are going on. It is anticipated that Alia Bhatt and Ranbir Kapoor will showcase their dance skills, as they have been spotted joining the rehearsal sessions.…
Aishwarya Rajinikanth’s upcoming film, Lal Salaam, starring Vishnu Vishal and Rajinikanth in the lead roles, which touches on religious harmony, is all set to hit screens on February 9. The sports drama aims to promote religious harmony and deals with a sensitive topic. ‘Lal Salaam’ marks Aishwarya Rajinikanth’s comeback as a filmmaker. The makers released the film’s trailer on Monday, giving a glimpse of the sports drama that seems to delve into some relevant subjects. The Tamil audience is excited for February 9 when Lal Salaam, directed by Aishwarya Rajinikanth and featuring Superstar Rajinikanth, Vishnu Vishal, and Vikranth, hits theatres. …
Paytm’s chief executive officer Vijay Shekhar Sharma and officials from the company met with the Reserve Bank of India (RBI) to discuss a roadmap for addressing regulatory concerns, as reported by news agency Reuters, citing two sources familiar with the matter. This meeting follows the RBI’s directive to the fintech giant to wind down most of its business, including deposits, credit products, and its popular digital wallets, by February 29. Paytm Shares Rebound Paytm’s parent company, One97 Communications Ltd, witnessed a rebound in shares this morning following three consecutive days of sharp decline. Despite initially weak trading conditions, the stock…
Akshay Kumar, alongside singers Sudhir Yaduvanshi and Vikram Montrose, steps into the music world once again with the Shambhu song. Choreographed by Ganesh Acharya, the song pays tribute to Lord Shiva. Akshay Kumar, who portrayed the Messenger of the deity in OMG 2, showcases his singing talents in this devotional number. Displaying his rapping skills in Singh Is Kinng and exploring his singing abilities in films like Special 26 and Toilet: Ek Prem Katha, Akshay Kumar’s latest song, Shambhu, dropped on February 5, has garnered widespread reactions from the masses. Akshay Kumar Transforms into Ardent Shiv Devotee in Shambhu Song…
People familiar with the matter disclosed that South Korea’s Hyundai Motor Co. is evaluating a plan to list its local unit to capitalize on India’s IPO boom. The move, occurring almost three decades after the launch of Hyundai Motor India (HMIL), could mark the country’s largest initial public offering if realized. HMIL, ranked as India’s second-largest passenger vehicle seller last year, followed Maruti Suzuki India. Last week, marquee global investment banks, including Goldman Sachs, Citi, Morgan Stanley, JP Morgan, Bank of America, HSBC, Deutsche Bank, and UBS, pitched IPO proposals to the Hyundai leadership in Seoul. Bankers estimated the company’s…
Taylor Swift not only conquered the Grammys with a well-deserved win but also simultaneously unveiled her newest musical creation: The Tortured Poet’s Department. The singer of “Cruel Summer” has now won 13 Grammys, with her album “Midnights” taking home the Best Pop Vocal Album award. After dropping subtle hints about Rep TV, this unexpected announcement thrilled the entire fan base. The singer-songwriter also shared some details about the album. Taylor Swift accepted the award for Best Pop Vocal Album for “Midnights” during the 66th Annual Grammy Awards in Los Angeles, California, U.S., February 4, 2024. Taylor Swift Unveils 13th Grammy…
The 66th Grammy Awards took place in Los Angeles on Sunday (Monday in India). Taylor Swift clinched album of the year for Midnights, making her the first person to win that category four times. She also secured Best Pop Vocal Album. Meanwhile, Miley Cyrus bagged her first-ever Grammy for Best Pop Solo Performance for Flowers. Hours later, she seized her second Grammy for Record of the Year. Below is the complete list of Grammy Awards 2024 winners. Grammy Awards 2024 Full List of Winners Album of the Year Nominees Album Name Boygenius The Record Janelle Monáe The Age of Pleasure…
At the Grammy Awards 2024 on Monday, the Grammy for ‘Best Global Music Album’ was clinched by the fusion band ‘Shakti’, led by Indian musicians Shankar Mahadevan and Zakir Hussain, for their latest album ‘This Moment’. PM Modi congratulated them on their success saying, Congratulations @ZakirHtabla, @Rakeshflute, @Shankar_Live, @kanjeeraselva, and @violinganesh on your phenomenal success at the #GRAMMYs! Your exceptional talent and dedication to music have won hearts worldwide. India is proud! These achievements are a testament to the hardwork… — Narendra Modi (@narendramodi) February 5, 2024 Five prestigious awards were secured by accomplished Indian musicians, including tabla maestro Zakir…
Poonam Pandey’s agency, Schbang, issued an apology on Instagram for orchestrating the fake death stunt of the actor last week, following widespread calls for legal action against her. The agency stated that it aimed to “raise awareness about cervical cancer” through the model-actor’s fabricated demise. Poonam Pandey Agency Highlights Cervical Cancer Awareness Campaign Results In a recent post, statistics regarding cervical cancer in India were emphasized, with the aim of raising awareness. The agency stated that after breast cancer, cervical cancer ranks as the second most common malignancy among middle-aged women in India, with alarming figures of cases and deaths…