FM
From streaming to software, microdrama startups rewrite their growth pitch
Peak XV Partners-backed Dashverse has discontinued its consumer platform DashReels and is looking to raise $30-40 million, largely for Frameo AI, its video production software for businesses. Eloelo, which raised $80 million this week led by Hornbill Capital and NBCUniversal, is investing in Dolphin AI, its new production suite, alongside content creation and international expansion.
Krakow mass shooting assailant died in hospital, Polish police say
A mass shooting in Krakow resulted in six fatalities when a young gunman opened fire from his car. The assailant, a 24-year-old from Ostrowiec Swietokrzyski, was shot by police shortly after the attack. The attack has been linked to potential far-right ideology, as indicated by symbols on the shooter's clothing. While the investigation continues, authorities are examining these emblems for further insights.
Krakow shooting: Why was Poland's tourist hotspot Main Square targeted? Who is the gunman found with military-style clothes, weapons?
Krakow Poland shooting: A shooting in Krakow, Poland, has left six people dead and more than a dozen injured, turning a popular tourist hotspot into a crime scene. Police are investigating the attack, with reports that the gunman wore military-style clothing and had additional weapons in his car. Here's what happened, why the location is significant and what is known about the suspect.
Who is Carson Daly? TV personality becomes co-anchor of Saturday TODAY show on NBC
Carson Daly has become co-anchor of Saturday TODAY on NBC. The TV personality will join Laura Jarrett, Joe Fryer and meteorologist Angie Lassman on the November 7, 2026 show. Daly will still be working on the weekday TODAY show but will step into the role previously held by Peter Alexander.
Gold price prediction: Gold rate falls amidst big movement in oil price, inflation, check experts' opinions
Gold rate on Friday took a hit after pivotal factors like oil prices and inflation have impact on the bullion.
Garena Free Fire MAX Redeem codes today, November 6, 2026: Check full list of codes, free rewards and how to redeem
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Iran FM Abbas Araghchi holds phone talks with Saudi counterpart: State media
The two regional powerhouses restored ties in 2023 after a freeze but have been at odds over the war in Yemen, where the Houthis are fighting the Saudi-backed internationally recognised government and have repeatedly launched attacks on the kingdom.
Garena Free Fire MAX Redeem codes today, November 5, 2026: Check full list of codes, free rewards and how to redeem
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Story TV parent Eloelo raises $80 million from Hornbill, NBCUniversal
The funding follows a surge in Story TV’s business, which has helped lift annualised collections more than tenfold to around $250 million over the past year, according to people familiar with the company. Eloelo said Story TV offers over 5,000 dramas in six languages, while its apps have more than 40 million monthly active users.
FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appeals
FICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlighted concerns regarding the withdrawal of foreign portfolio investments and the impact of capital gains tax. Additionally, it requested the government to implement lighter TDS rules and resolve backlog issues in tax appeals. FICCI emphasized the need for measures to provide certainty to investors over the long term.
ShareChat’s FY26 revenue jumps 40% to Rs 1,016 crore on microdrama push; net loss widens
However, its loss before tax widened to Rs 1,978 crore in FY26 from Rs 1,105 crore in the previous year, largely due to higher accounting expenses related to its convertible debt instruments, forex losses and employee stock ownership plans (ESOPs), cofounder and CFO Manohar Singh Charan told ET.
Garena Free Fire MAX Redeem codes today, November 4, 2026: Check full list of codes, free rewards and how to redeem
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We will consider the call for review of LTCG tax: Finance minister Nirmala Sitharaman
"The circumstances have changed and, therefore, the voices of concern are louder,'' she said at a media event, in reference to reports that her administration has received suggestions to review levies on long-term capital gains (LTCG) for overseas investors. "I quite appreciate that. So, I'll consider all this... Our growth is very important, where people are putting their very best, we are able to see sustained 7(%)-plus growth.''
Garena Free Fire MAX Redeem codes today, November 3, 2026: Check full list of codes, free rewards and how to redeem
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Budget 2027: Customs duty relief on 118 goods under review
The Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input from respective line ministries and industry stakeholders regarding these exemptions. Goods under review include materials for power projects and certain medical devices. A focus is on correcting the inverted duty structure to support local manufacturing initiatives. The outcomes of this review will influence the upcoming budget for 2027-28.
FM Sitharaman acknowledges foreign investor anxiety, says she will consider voices seeking tax changes before Budget
Union Finance Minister Nirmala Sitharaman acknowledged concerns from investors regarding potential tax changes to support equity markets. She emphasized that while taxation is vital, India's economic indicators remain robust and positive. Sitharaman highlighted the necessity for capital expenditure to sustain economic growth and fiscal prudence. On welfare, she noted significant improvements in access to essential services contributing to decreased poverty levels.
First Apple Intelligence features land in China, with Alibaba’s Qwen on board
The tech giant has partnered with Alibaba to bring its Qwen model into some of the experiences. Chinese users will be able to use Qwen through Siri, Writing Tools, and Visual Intelligence, enabling text and image understanding. Users can access it by signing in with a Qwen account or through Apple, the company said in a blog post.
Times Internet Half Marathon, Hyderabad: Celebrating a successful race and the people behind it
The Times Internet Half Marathon in Hyderabad wrapped up on a high note, uniting a diverse group of runners across multiple distance categories. With robust support from various partners, the event celebrated fitness and camaraderie. Next on the agenda, the series promises exciting races in Bengaluru, Mumbai, and Delhi, keeping the spirit of running alive.
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Tax-wise, $-foolish: Saving Dalal Street could come at a cost to Startup Street
India's financial landscape is experiencing pressure with foreign portfolio investors becoming net sellers in the market. There are discussions about implementing tax cuts to stabilize the situation, which could disadvantage domestic investors. A focus on only listed shares may divert investments from private markets and harm the startup ecosystem. Expert suggestions advocate for a universal tax reduction applicable to both listed and unlisted shares.
How Pocket FM is using AI to take Indian stories global
Pocket FM is using AI to help writers bring their stories to life and reach listeners across the world. With Sherpa, its AI-powered writing partner, the company is making it easier to manage long storylines and develop characters while keeping the creative decisions in the hands of writers.
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Rahul Gandhi politicising commercial and legal matters: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman responded to Rahul Gandhi's comments on the Tata group, accusing him of politicisation. She emphasised the government's support for Indian industry as key to economic growth and job creation. Sitharaman challenged Gandhi's remarks regarding legal matters connected to Tata Trusts and Tata Sons. In turn, Gandhi questioned the appropriateness of the political involvement in corporate conflicts.
Nicolas Cage’s Malibu home faces a 25-foot sinkhole threat, raising coastal erosion fears as 31 evacuated homes await answers amid El Niño concerns
A 25-foot-deep sinkhole that opened on September 8 has swallowed the driveway of Nicolas Cage’s Malibu beach house, and it is still growing. The city has red-tagged 31 homes on Sea Level Drive and asked residents to leave, as the road is blocked. Cage has taken four repair permits. With El Niño fears rising, Malibu declared an emergency on October 7.
Ukraine wants 'new momentum' in peace talks, FM says
Andrii Sybiha, Ukraine's Foreign Minister, underlined the urgency for a revived push in peace talks, advocating for new dynamics to pave the way for negotiations. President Volodymyr Zelenskiy has sought assistance from leaders in Finland and Norway to relay a message to Russian President Vladimir Putin—centered on securing a ceasefire and arranging a summit for Ukraine and Russia to engage in meaningful discussions.
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