(Image credits: X @firesideventure) BENGALURU: Consumer focused venture capital firm Fireside Ventures has closed its fourth fund with commitments of Rs 2,265 crore (about $253 million), doubling down on early stage consumer brands as it chases the next wave of health, wellness and lifestyle companies in India. The new vehicle takes the firm’s total assets…
CNN reported that the acquisition follows an agreement reached in April, under which Prada committed to purchasing Versace for about $1.51 billion, a deal that materialised after Capri Holdings’ planned sale to Tapestry fell apart because of an antitrust challenge.Lorenzo Bertelli, the son of Prada founders Miuccia Prada and Patrizio Bertelli, is set to assume…
A dispatch rider passes in front empty building of the Lukoil headquarter in Sofia, Bulgaria (Picture credit: AP) The United States has temporarily lifted some restrictions on Lukoil-branded fuel stations operating outside Russia, allowing them to continue running despite sanctions placed on the parent company. The treasury department confirmed on Thursday that these stations —…
Check out the companies making the biggest moves midday: Meta Platforms — The Facebook and Instagram parent advanced 4%. Managers led by CEO Mark Zuckerberg are weighing cuts as deep as 30% in Meta’s “metaverse group” in 2026, Bloomberg reported. Kroger – The Cincinnati-based supermarket chain dropped 6.5% after third-quarter revenue lagged Street estimates, identical…
Do street dogs pose a threat to public safety? Not at all. This inference can be drawn from a recent survey that reveals a bond many Indians quietly share with the strays that roam their streets, even as safety fears dominate conversations.In fact, the survey across 10 cities by a Delhi-based think tank has found…
Passengers wait in queues at IndiGo airline’s counter at Kempegowda International Airport, in Bengaluru (Picture credit: PTI) India’s aviation regulator, the Directorate General of Civil Aviation (DGCA), is expected to give IndiGo a temporary, partial waiver from the recently implemented pilot rest and duty rules after the airline was forced to cancel more than a…
Meta (META) may be pulling back even further from the metaverse it once bet its future on. Executives are discussing budget cuts of up to 30% at the company’s metaverse division in 2026, according to a Bloomberg report citing people familiar with the talks. The unit includes Horizon Worlds, Meta’s social virtual reality (VR) platform,…
NEW DELHI: The Civil Aviation Ministry and the Directorate General of Civil Aviation (DGCA) have launched an intensive review and monitoring exercise after IndiGo reported widespread operational disruptions and an unusually high number of flight cancellations across its network since late November 2025.Civil Aviation Minister reviewed the situation with senior MoCA officials and IndiGo’s top…
File photo (Picture credit: AP) US stocks were largely steady on Thursday, holding close to record levels as investors assessed a mixed set of corporate results and fresh labour market indicators. The S&P 500 was up 0.1% in early trade and is now just 0.5% shy of its all-time high, reported AP. The Dow Jones…
MoneyGram has tapped Fireblocks to bring stablecoin-powered payments and real-time treasury tools to its global network, the firms said on Thursday. The payments company, which processes transfers across more than 200 countries, will use Fireblocks’ digital asset infrastructure to improve its internal operations and settlement flows. That includes enabling stablecoin transfers across multiple blockchains, streamlining…
