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Read MoreMakeMyTrip, India’s largest online travel agency, achieved a 33% increase in operating profit, totaling $37.5 million in Q2. Despite heavy rainfall impacting demand, the company’s gross booking value rose 24.3% to $2.3 billion. CEO Rajesh Magow attributed the success to strong brand and distribution leverage, even during the typically slower July-September period.
Read MorePM Modi-Xi meeting: How the two leaders have managed to stay in touch despite serious border tensions
Read MoreCraig Federighi from Apple explains their cautious approach to AI features, prioritizing privacy and responsibility. New tools include a Clean Up photos feature similar to Google’s Magic Eraser and enhancements to Siri, developed incrementally. Apple aims to maintain the accuracy of photographic content rather than delving into generative AI, ensuring reliability and trust.
Read MoreSeattle Seahawks’ cornerback Tariq Woolen faced controversy after being seen watching his team’s game on the pirate streaming site MethStreams. This comes amid the NFL’s ongoing efforts to combat piracy, having collaborated with the NBA and UFC for faster DMCA takedowns. Woolen’s casual attitude contrasts with the league’s stringent anti-piracy measures.
Read MoreDeepak Builders & Engineers India Ltd’s IPO was oversubscribed by 41.54 times on its final day. The share sale worth Rs 260 crore attracted significant interest: non-institutional investors subscribed 82.47 times, retail investors 39.79 times, and qualified institutional buyers 13.91 times. The IPO price range was set at Rs 192-203 per share.
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