The Rs. 2000 Cr Biryani
Domino’s India operator Jubilant FoodWorks added Rs. 2,000 crores to its market cap when it announced that it is entering the Biryani business in India with its new brand 'Ekdum!’ Jubilant also announced that it will begin with 3 restaurants in Gurugram and then expand into NCR in the next few months.
Google will now let you search in 5 Indian languages with an easy language switch in Maps, Search and more. Search results to extend reach within native users to "make the internet truly helpful for Indian language users."
Zoom is lifting the 40-minute video call time limit on the free version of its videoconferencing app for Hanukkah, Christmas, and New Year to celebrate a successful year. The app has seen user numbers soar due to increased home working from the current pandemic.
Starting next week, Twitter will be removing all misleading tweets on Covid-19 vaccinations. Twitter has also said that this rule will apply to tweets that are claiming false conspiracies or false theories.
SEBI has relaxed the norms to allow fintech startups to offer mutual funds. SEBI has now waived norms that require new entrants to have 5 years of experience and 3 years of profitability.
Bridgestone India has invested in the tire management startup Fleeca. Fleeca, launched in 2016 focuses on providing digital-based business solutions to fleet operators, to increase efficiencies of their tire usage.
Facebook is reportedly developing an AI tool called TL;DR (Too Long; Didn’t Read). TL;DR summarizes articles into bullet points so you don't have to read them.
Notes from Ashish: Isn’t this what we do with the newsletter? Wait for something interesting in the coming days.
Mrs. Bectors IPO becomes the most subscribed issue in India since 2017. Non-institutional investors have subscribed over 620 times and qualified institutional buyers have subscribed over176 times.
Vedanta ties up with Centricus to invest $10 billion in PSU acquisitions. Vedanta Chairman Anil Agarwal has partnered with Centricus Asset Management in a 10-year life fund to use private-equity to buy companies, boost their profitability and then exit.