Last Updated : July 06, 2023 / 06:36 IST
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
Market Buzz
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Big Story
Exclusive | Manipal Group to lead Rs 2,500 crore investment in PharmEasy at massive drop in valuation: Sources
A Manipal Group family office has expressed interest in investing about Rs 1,000 crore for an 18 percent stake (post-money valuation) in API Holdings, the owner of online pharmacy PharmEasy and promoter of Thyrocare, people aware of the matter said. Details here.
Auto
Maruti Suzuki rolls out Invicto hybrid MPV at Rs 24.79 lakh
With the aim of widening its range in the premium segment of the passenger vehicle (PV) market, Maruti Suzuki India Limited (MSIL) has launched Invicto MPV, its largest and most expensive model. The multi-purpose vehicle (MPV) will be available at a starting price of Rs 24.79 lakh for the basic model, going up to Rs 28.42 lakh for the top-end variant, ex-showroom. Read more here.
Realty Bytes
Fall in demand for affordable homes pushes Mumbai sales down by 8%: Knight Frank report
Mumbai housing sales declined by 8 percent on an annualised basis from 44,200 units in H1 of 2022 to 40,798 units in the first six months of 2023, but new launches witnessed a 6 percent growth year-on-year. Read more here.
Tech Tattle
OnePlus Nord 3 5G Review: Solid performance that checks most boxes
Amidst all the mediocre midrange smartphone brands that compelled the price-conscious consumer to settle with compromises, OnePlus has always come as a breath of fresh air that showed that one can still get flagship-level smartphone chops without the sky-high prices. Details here.
Tailpiece
'Treated like cattle': Indigo flyers recount harrowing experience after Istanbul-Mumbai flight cancellation
Indigo flyers who were scheduled to take the Istanbul-Mumbai flight on July 2 before it was cancelled abruptly have taken to social media to share accounts of their harrowing experience. Read more.