Akash Joshi and Ankur Pathak ditched their corporate gigs to start IMAST in 2016, right in Indore. They’ve pulled in big names like Raymond and Ashok Leyland, and now IMAST is worth a whopping Rs 100 crore. They’re known for shaking things up in digital transformation and keeping clients happy, and they’re now setting their sights on going global.
Zepto, the speedy quick-commerce company, just upped its valuation to $5 billion thanks to an extra $340 million in funding. That's a huge 40% jump in just two months! This new cash injection, led by General Catalyst and backed by both new and old investors, shows Zepto's impressive growth and focus on ramping up its market presence and operations.
Two women on a Juneyao Airlines flight from Guiyang to Shanghai are in hot water for locking a crying 3-year-old in the plane’s bathroom to "set some rules". This happened on August 24, and things got heated when one of the women posted a video of it. While they said they were trying to help other passengers, most people think their actions were way out of line.
"Gangs Of Wasseypur," the epic film series from Anurag Kashyap, is back in theaters starting August 30. It’s showing in 33 Miraj Cinemas all over India, and people are talking about it all over social media. Back in 2012, the CBFC made some big changes to the film, like cleaning up some of the rough language and adding a disclaimer about how the film is fictional.
Germany just sent its first deportation flight to Afghanistan since the Taliban took over in 2021. The flight, arranged by Germany's Interior Ministry and helped out by Qatar, had 28 Afghan convicts on board. This move comes after months of talks and is adding fuel to the fire in the ongoing debates about asylum and deportation rules in Germany, especially after some recent violent incidents.
Hey movie fans! Mark your calendars for 30 August because Bollywood hits like Gangs of Wasseypur, Rehna Hai Tere Dil Mein, and the awesome Tumbbad are coming back to theaters. Plus, the Kannada movie Kariya is joining the lineup. After Laila Majnu made a huge splash on its re-run, these classics are set to grab attention. With no big new movies dropping this weekend, these films are bound to be a hit!
Kangana Ranaut is calling out the Central Board of Film Certification (CBFC) for dragging their feet on certifying her new film "Emergency," which is supposed to drop on September 6, 2024. She’s saying the hold-up is because of outside pressure and is ready to go to court to make sure her film hits theaters. The movie’s facing calls for a ban from groups like the Telangana Sikh Society and the Shiromani Gurdwara Parbandhak Committee (SGPC) over claims that it negatively portrays Sikhs.
Nvidia Corp.'s Q2 earnings report became the main event at US pubs, with bars swapping out their usual sports broadcasts for 'Earnings Watch Parties'. Instead of watching game replays, people were glued to stock tickers and candlestick charts, following Nvidia's financial performance closely. One viral social media post even showed fans totally engrossed in the earnings call.
The markets are on their longest winning streak in four years, with the NSE Nifty50 hitting a new high. This surge is fueled by strong local and institutional investments, even though Wall Street is being cautious. SEBI has pointed out some issues with SME IPOs and market manipulation, which reflect broader market trends. Also, air cargo numbers and Lego sales are looking really good.
Resourceful Automobile’s stock listed flat at its IPO price of Rs 117 on August 29, even though it was massively oversubscribed by 400 times. The Delhi-based company, which runs just two outlets and has a small team, saw bids for 40.76 crore shares compared to the 9.76 lakh available. The stock's initial performance didn’t live up to the grey market hype, where it was trading at an 89% premium.