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Flipkart sells entire 31.25% stake in Flying Machine parent to Arvind Fashions for Rs 135 crore
Walmart-owned ecommerce giant Flipkart is exiting its investment in Flying Machine as part of a broader portfolio clean-up ahead of its proposed IPO , with Arvind Fashions set to acquire the ecommerce major’s entire stake in the brand’s parent entity. Arvind Fashions Ltd said it will acquire Flipkart Group’s 31.25% holding in Arvind Youth Brands Pvt Ltd (AYBPL) for Rs 135 crore, making the company a wholly owned subsidiary. The acquisition will be executed through a share purchase agreement with Flipkart India Pvt Ltd and is expected to close on December 29, 2025, the company said in a regulatory filing. The transaction involves the purchase of one equity share of Rs 10 each and 58,95,852 compulsory convertible preference shares (CCPS) of Rs 100 each, representing Flipkart’s entire stake in AYBPL on a fully diluted basis. AYBPL operates in the wholesale and retail of apparel and accessories under the Flying Machine brand. Flipkart had invested Rs 260 crore in Arvind Youth Brands in ...
Vivek Tripathi moves on from Newgen Software after 4.5-year HR leadership tenure
Vivek Tripathi has announced his exit from Newgen Software, bringing to a close a 4.5-year tenure as vice president – human resources at the Indian product software company. The transition marks the beginning of a new phase in his professional journey, with a renewed focus on strategic HR consulting and academic engagement. Tripathi is backed [...] The post Vivek Tripathi moves on from Newgen Software after 4.5-year HR leadership tenure appeared first on HR Katha .
iPhone 17 Pro Max gets over ₹11,000 discount ahead of New Year: how to grab the deal
Apple's iPhone 17 Pro Max is now priced at ₹1,38,490, a discount of over ₹10,000 from its launch price. Additional offers include a ₹4,000 instant bank discount, reducing the effective price to ₹1,34,490.
iPhone 16 gets steep price cut ahead of New Year, available for under ₹60,000: here's how to grab the deal
The iPhone 16 has dropped below ₹60,000 during Vijay Sales’ Apple Days sale, thanks to bank discounts and exchange offers. The phone runs on Apple's A18 silicone and comes with support for Apple Intelligence features.
Growth To Remain High In 2026 Despite Unfavourable External Environment: RBI
Malhotra noted the Indian economy and the financial system remain robust and resilient.
Exclusive: BharatPe To Raise Rs 45 Crore In Debt From Neo Group Ahead of IPO
BharatPe is raising Rs 45 crore in debt from the Neo Group ahead of its initial public offering (IPO), as per regulatory filings that MediaNama reviewed. The post Exclusive: BharatPe To Raise Rs 45 Crore In Debt From Neo Group Ahead of IPO appeared first on MEDIANAMA .
Viral hospital work video sparks debate on India’s work culture
A recent viral video has reignited conversations around workplace pressure and the blurred boundaries between professional commitment and personal well-being in India. The clip, widely circulated on social media, shows a woman working on her laptop while lying on a hospital bed, visibly connected to medical equipment and bandaged. The visual alone was enough to [...] The post Viral hospital work video sparks debate on India’s work culture appeared first on HR Katha .
Samsung reportedly pauses One UI 8 rollout for Galaxy Watch 4 series: here’s why
The rollout of OneUI 8 for Galaxy Watch 4 models has been halted due to user complaints about battery drain, unresponsive touch, and sensor issues. Many users report not receiving the update, indicating it may be paused pending resolution of these problems.
Amidst AI Woes, Here’s How Hyderabad Got a Fresher-Only IT Campus
Here’s why a US-based IT services firm has opened a freshers-only campus in Hyderabad. The post Amidst AI Woes, Here’s How Hyderabad Got a Fresher-Only IT Campus appeared first on Analytics India Magazine .
Cabinet Freezes Rs 87,695-Crore Dues In Big Relief For Vodafone Idea
In a major relief for debt-hit Vodafone Idea, the Union Cabinet approved a support package that freezes a large part of the telecom company's adjusted gross revenue dues.
Is Sam Altman and Jony Ive's first AI device a pen? Here's what the leak suggests
A new leak has revealed that OpenAI's first AI device which is being built in partnership with Jony Ive could be a pen. The manufacturing of the device is also said to be moving to foxconn.
Shark Tank India-featured Culture Circle revenue jumps nearly 10x to Rs 3.4 crore in FY25
Indian fashion ecommerce marketplace Culture Circle reported a sharp jump in revenue in the financial year 2024–25 (FY25), marking its first full year of operations after launching in January 2024. The Delhi NCR–based startup posted operating revenue of Rs 3.4 crore in FY25, a nearly 10X increase from Rs 31.4 Lakh in FY24. Including other income of Rs 45 Lakh, its total income for the year stood at Rs 3.8 crore. Culture Circle was incorporated in September 2023, making FY25 its first complete operating year. The topline growth, however, was accompanied by a significant rise in expenses as the company scaled operations. Net loss widened to Rs 3.3 crore in FY25, compared with a loss of Rs 11.4 lakh in the previous year. Total expenses jumped to Rs 7.1 crore from Rs 50 lakh in FY24. Employee benefit expenses rose sharply to Rs 1.8 crore from Rs 28.4 lakh, reflecting team expansion during the year. Advertising and promotional spending also increased substantially, with marketing expense...
Viral H-E-B TikTok creator’s brief posting ban triggers online debate
A popular grocery store employee in San Antonio recently found herself at the centre of a social-media storm after being asked to stop filming TikTok videos at work, briefly silencing a digital presence that had brought her widespread attention. The moment quickly escalated into a public conversation about workplace rules, online creativity and corporate boundaries. [...] The post Viral H-E-B TikTok creator’s brief posting ban triggers online debate appeared first on HR Katha .
Meta Expands AI Portfolio As It Acquires Agentic AI Company Manus
Tech giant Meta has announced that it is acquiring agentic AI company Manus as it caps off an AI-heavy year of company acquisitions. The post Meta Expands AI Portfolio As It Acquires Agentic AI Company Manus appeared first on MEDIANAMA .
Spacetech, Record Number Of IPOs, Deeptech Push: The Big Moments From India’s Startup Ecosystem In 2025
The Indian startup ecosystem marked a clear shift in 2025, from survival to consolidation. After two years of capital tightening,…
India’s Data Centre Boom is Real, But So is the Implementation Lag
Karnataka was among the first to roll out a data centre policy, but the implementation on the ground is sluggish The post India’s Data Centre Boom is Real, But So is the Implementation Lag appeared first on Analytics India Magazine .
Centre unveils unified skilling plan to build an AI-ready workforce
The Union government is moving towards a more structured and cohesive approach to artificial intelligence talent development with the introduction of an integrated national skilling framework. The initiative signals a shift from isolated training efforts to a connected system designed to prepare learners and professionals for AI-driven roles across industries. The proposed framework seeks to [...] The post Centre unveils unified skilling plan to build an AI-ready workforce appeared first on HR Katha .