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CarTrade, CarDekho call off acquisition talks; Fresh VC capital rush for consumer brands SuperYou, Gully Labs, Moxie Beauty and Stych; and WinZO co-founders arrested by ED in PMLA case | MC Tech3

PODCAST

CarTrade, CarDekho call off acquisition talks; Fresh VC capital rush for consumer brands SuperYou, Gully Labs, Moxie Beauty and Stych; and WinZO co-founders arrested by ED in PMLA case | MC Tech3

In today’s Tech3 from Moneycontrol, we break down the collapse of the $1.2 billion CarTrade–CarDekho acquisition, a deal that could have reshaped India’s auto-tech landscape. They then dive into the fresh VC rush powering consumer startups across protein snacks, sneakers, beauty, and community platforms. The episode also covers the ED’s arrest of WinZO’s co-founders under the PMLA, and wraps up with Reliance’s massive $11 billion plan to build AI data capacity in Andhra Pradesh.

Praxair India to invest Rs 210 crore in Karnataka, says MB Patil

INDIA

Praxair India to invest Rs 210 crore in Karnataka, says MB Patil

Karnataka Industries Minister MB Patil also held talks with UK High Commissioner on setting up a ‘UK Tech City’ in KWIN City

Nvidia's supplier makes 'semiconductor-shaped' chips that are crunchy and goes with beer

TRENDS

Nvidia's supplier makes 'semiconductor-shaped' chips that are crunchy and goes with beer

The 'semiconductor-shaped' chips are an ;initiative to bring semiconductors closer to everyday life and make the public feel more familiar with them,' an SK Hynix official said.

Fitness influencer, 30, dies of heart failure after binge-eating 10,000 calories to gain 25 kg

TRENDS

Fitness influencer, 30, dies of heart failure after binge-eating 10,000 calories to gain 25 kg

Dmitry Nuyanzin wanted to gain weight before demonstrating how quickly he could lose it using his weight-loss programme. He promised that anyone weighing over 100 kg who lost 10 percent of their body weight by New Year would win about Rs 11,500.

India’s food services market to top $125 bn by 2030: Swiggy-Kearney report

BUSINESS

India’s food services market to top $125 bn by 2030: Swiggy-Kearney report

The report notes that the organized segment — led by cloud kitchens, quick-service restaurants (QSRs) and café chains — will drive over 60% of overall growth in the sector and is expected to overtake the unorganized market.

Technical View | Markets hit record high: Experts see short term rally to 26,500 for Nifty with major support near 25,800

BUSINESS

Technical View | Markets hit record high: Experts see short term rally to 26,500 for Nifty with major support near 25,800

Analysts said the short-term trend remains positive, with scope for the Nifty to move towards 26,500, while major support is seen near 25,800.

Indian boss's reply to staffer asking for sick leave is viral: 'Trying to be the manager I never had'

TRENDS

Indian boss's reply to staffer asking for sick leave is viral: 'Trying to be the manager I never had'

The manager shared screenshots of his interaction with a freelance web designer who fell ill shortly after starting a project.

Starbucks planning to cut costs, reduce pricing in India after Tata halts fresh investments: Report

BUSINESS

Starbucks planning to cut costs, reduce pricing in India after Tata halts fresh investments: Report

The overhaul would see the joint venture pivoting towards smaller and more efficient India-specific stores, aimed at improving unit economics, Economic Times reported.

Tamil Nadu signs MoUs with Sri Krishna Sweets, Annapoorna & others, seeks to build global food brands from Coimbatore

INDIA

Tamil Nadu signs MoUs with Sri Krishna Sweets, Annapoorna & others, seeks to build global food brands from Coimbatore

Tamil Nadu put the spotlight on food processing at TN Rising Conclave, pitching Coimbatore as the base where homegrown brands could scale into global players.

'No one has called me to Delhi': DK Shivakumar denies meeting with Congress High Command in capital

INDIA

'No one has called me to Delhi': DK Shivakumar denies meeting with Congress High Command in capital

Earlier, Shivakumar had that all party-related issues would be discussed internally and not in the media.

SEBI Chairman flags digital-era risks, calls for stronger financial awareness

MARKETS

SEBI Chairman flags digital-era risks, calls for stronger financial awareness

Pandey said fraudulent trading apps, deep fake impersonations, and unregistered advisers continue to deceive investors

‘I sometimes cry at work’: Pregnant banker says 'toxic' manager harasses her, denies leaves

TRENDS

‘I sometimes cry at work’: Pregnant banker says 'toxic' manager harasses her, denies leaves

The woman alleged that the harassment intensified after she discreetly reported her manager’s 'shady' loan sanctioning practices to higher authorities, which led to an inquiry against him.

Shivakumar vs Siddaramaiah: Five options before Congress High Command to stem the bickering

INDIA

Shivakumar vs Siddaramaiah: Five options before Congress High Command to stem the bickering

As loyalists of Karnataka chief minister Siddaramaiah and deputy chief minister DK Shivakumar demand Cabinet reshuffle and leadership change, the Congress brass in Delhi is reportedly preparing to summon Siddaramaiah and DK Shivakumar to New Delhi.

Sensex retreats from record high, Nifty settles flat after erasing day's gains

BUSINESS

Sensex retreats from record high, Nifty settles flat after erasing day's gains

Benchmark indices Nifty 50 and Sensex settled flat, retreating from their respective lifetime highs on November 27, erasing most gains.

Congress influencer accounts based in Pakistan, Pawan Khera's account based in US: BJP says 'Rahul using foreign accounts to spread narrative'

INDIA

Congress influencer accounts based in Pakistan, Pawan Khera's account based in US: BJP says 'Rahul using foreign accounts to spread narrative'

"Rahul Gandhi not only speaks against India abroad or tries to create anarchy in the country with the help of Gen Z, but he has also delegated this task, with planning and design, to people sitting abroad," Patra said.

Ashok Leyland stock jumps 6%, hits record high as financial arm approves merger with NDL Ventures

BUSINESS

Ashok Leyland stock jumps 6%, hits record high as financial arm approves merger with NDL Ventures

Trading activity in Ashok Leyland was sharply higher, with volumes rising to 48.1 million shares, well above the 30-day average of 13.9 million shares. The stock is rated “Buy” on average by 36 analysts, with a median price target of Rs 160, according to LSEG data cited by Reuters.

Live: Sensex, Nifty retreat after mounting on new lifetime highs | Closing Bell

BUSINESS

Live: Sensex, Nifty retreat after mounting on new lifetime highs | Closing Bell

Catch Lovisha Darad in conversation with Vishal Malkan, Technical Analyst, Malkansview and Anirudh Garg, Partner and Fund Manager, INVasset PMS

Nifty Auto index sees profit booking after hitting new record high; Eicher Motors, Bajaj Auto lead losses

BUSINESS

Nifty Auto index sees profit booking after hitting new record high; Eicher Motors, Bajaj Auto lead losses

Nifty Auto index had rallied more than 4 percent to 25,127.20 on August 18, 2025, after the GST cut announcement on August 15. From that level to Thursday’s record peak of 27,832.60, the index has gained 2,705.4 points or 10.76 percent.

BJP flags ‘foreign-operated’ Congress X accounts, claims narratives are shaped outside India

INDIA

BJP flags ‘foreign-operated’ Congress X accounts, claims narratives are shaped outside India

According to Patra, the new X feature that shows the country of operation reveals that many prominent Congress handles are based abroad.

Muzammil reveals Shaheen is his wife, not girlfriend: 'Nikah at mosque in Al-Falah'

INDIA

Muzammil reveals Shaheen is his wife, not girlfriend: 'Nikah at mosque in Al-Falah'

Muzammil told probing agencies that their “nikah was performed at a mosque near the Al-Falah University” last year.

Did CIA and Mossad sway 2014 Lok Sabha election? Congress leader Kumar Ketkar fires explosive claim

INDIA

Did CIA and Mossad sway 2014 Lok Sabha election? Congress leader Kumar Ketkar fires explosive claim

Congress leader Kumar Ketkar has alleged that the CIA and Mossad plotted the Congress party’s defeat in the 2014 Lok Sabha election, claiming the rout was not the people’s mandate.

Bangladesh court gives Sheikh Hasina 21-year jail term in three corruption cases

WORLD

Bangladesh court gives Sheikh Hasina 21-year jail term in three corruption cases

According to the court, the plot was allotted to Hasina “without any application and in a manner that exceeded the legally authorised jurisdiction.”

PM Modi unveils Skyroot’s Vikram-I: Know all about India’s largest privately developed orbital rocket

INDIA

PM Modi unveils Skyroot’s Vikram-I: Know all about India’s largest privately developed orbital rocket

Vikram-1 is named after the father of India’s space programme Vikram Sarabhai. It is a multi-stage launch vehicle with a capacity to place around 300 kg of payloads.

CarTrade shares fall 5% after firm says talks to acquire CarDekho called off

BUSINESS

CarTrade shares fall 5% after firm says talks to acquire CarDekho called off

CarTrade share price: In an exchange filing, CarTrade said the two related parties had "mutually decided not to proceed with the proposed transaction".

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