Adani's stake rises to 70.3% in Ambuja Cements👷🏻
VerSe Acquires Magzter, Elon Musk's Big India Investment, Digiyatra's App Transition, Funding Deals and more.
Greetings, Champions of Perception and Reflection!
"What matters in life is not what happens to you but what you remember and how you remember it."
- Gabriel García Márquez
Join us on a journey of introspection as we delve into the depths of our past experiences and examine the transformative power of perception.
Let us embark on this voyage of self-discovery with open hearts and minds, ready to unearth the wisdom hidden within our memories.
Tech Updates
Adani family invests ₹8,339 cr more in Ambuja Cements; stake rises to 70.3%
The Adani family, led by billionaire businessman Gautam Adani, on Wednesday, said that as the promoters they have infused ₹8,339 crore into the group's cement subsidiary Ambuja Cements Ltd. by fully subscribing to the latter's warrants program. With this, the Adani family has infused a total of ₹20,000 crore into the country’s second-largest listed cement maker and increased its stake further by 3.6% to around 70.3%.
Dailyhunt-parent VerSe acquires US-based Magzter
VerSe Innovation, the parent company of vernacular news aggregator Dailyhunt, has acquired Magzter, a global digital newsstand with a library of more than 8,500 premium magazines and newspapers.
Tesla's Elon Musk likely to unveil ₹3 billion India investment during visit
Tech mogul Elon Musk is anticipated to make a significant investment announcement during his upcoming visit to India. Scheduled to meet with PM Modi in New Delhi next week, Musk is poised to disclose plans for injecting nearly ₹3 billion into the Indian market, primarily earmarked for the establishment of a new manufacturing facility.
Digiyatra transitioning to new app to cater to increasing user base
Digiyatra, the government-promoted app that aims to provide paperless check-in at airports through facial recognition, has been hit by a controversy as one of its vendors, Dataevolve Solutions, has been accused by the Andhra Pradesh police of defrauding them of traffic e-challan payments.
Funding Deals
Former Unacademy chief operating officer Vivek Sinha announced the launch of a new venture, Beyond Odds Technologies, with a seed funding of $11 million in a mix of equity and debt. The funding round was led by Matrix Partners India and Lightspeed India.
Web3 multi-gaming platform Circle of Games (COG) has raised $1 million in equity funding from Nazara Technologies FZ LLC, (a wholly-owned subsidiary of Nazara Technologies Limited) and The Hashgraph Association, a Swiss-based organization.
🪞 Short Story: Reflections of Wisdom
In the tranquil moments of sunset, Alex found solace in Gabriel García Márquez's words, reflecting on the tapestry of memories that shaped his journey.
With newfound clarity, he embraced the notion that it was not the events themselves but the lens through which he viewed them that defined his narrative.
Through introspection and gratitude, Alex learned to cherish each memory, recognizing them as guiding lights on his path to self-discovery.
Tweet of the day🐥
As we navigate the labyrinth of memory and perception, let us cherish the moments that have shaped us and embrace the power of gratitude.
Thank you for joining us on this voyage of introspection and self-discovery.
Stay tuned for our next edition as we continue to explore the boundless depths of the human experience.
Feel free to share it with someone who could use a little inspiration. Let's pass on the good vibes and make someone's day!
Thanks for reading till the end!
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