Anthropic CEO Dario Amodei, speaking about leaving Sam Altman-led OpenAI, said, "Why argue with someone when you don't have the same vision and you don't trust them?" He stated that the best way to resolve differences is for each side to do its own thing. "We'll see who wins in...market and...in the court of public opinion," he added.

L'Oréal will buy India's Innovist in one of the country's largest D2C ecosystem deals worth ₹4,000-4,100 crore. According to Moneycontrol, the company's founders, Rohit Chawla, Vimal Bhola and Sifat Khurana, are set to earn ₹1,800 crore in total payout. Meanwhile, the company's investors are set to make 10x gains, with Sauce VC earning ₹590 crore on its ₹59-crore investment.

Shares of Yatra Online rose as much as 5.5% on Friday after reports that travel platform Ixigo is considering acquiring a 15-20% stake in the company from its promoters. Both companies offer services across flight, hotel, rail, bus and holiday bookings. Shares of Ixigo's parent company, Le Travenues Technology, gained up to 2.6% during early trading.

Circular economy startup Karo Sambhav has raised ₹56 crore in a funding round led by Rainmatter by Zerodha. The Gurugram-based company plans to use the capital to expand its recycling infrastructure and operations. Founded in 2017, it operates two recycling facilities, has collection networks in over 50 cities, and has processed more than 150,000 metric tonnes of waste for recycling.

Advent International is preparing to sell packaged snacks maker DFM Foods and has held advanced talks with Avendus Capital and EY for advisory roles, Moneycontrol reported. The sale process is still in its early stages, with a formal launch expected in August. Advent, which invested in the Crax-maker over six years ago, owned a 96.63% stake as of March 2025.

Maharashtra has proposed a 700-km dedicated rail freight corridor linking JNPA and the upcoming Vadhvan Port with the Samruddhi Expressway. The project aims to reduce logistics costs, improve cargo movement, strengthen industrial connectivity, and support export growth. Officials believe the corridor will help transform Maharashtra into one of India's leading logistics and supply chain hubs.

One of the world's most valuable pharmaceutical companies Novo Nordisk rejected a $25-million (₹236 crore) ransom demand by hackers who threatened to leak its data. After the rejection, hackers mocked Novo, claiming the system that processes reports of patients is encrypted with password 'novo123'. Noting how they hacked Novo's data, hackers said, "We'd never seen this sort of double leakage."

NSE disclosed in its draft IPO filing that a petition before the Bombay High Court seeks an investigation into the foreign shareholding and beneficial ownership of certain investors. The petitioner has sought greater shareholder disclosures. The plea also alleges that foreign funds acquired NSE shares at nominal value and seeks a stay on the listing until the probe is completed.

Facebook-parent Meta is likely to invest in Indian fintech app CRED at a $4 billion valuation, Moneycontrol reported. The Kunal Shah-led startup's valuation remains significantly below the $6.4 billion valuation it commanded in 2022. The Mark Zuckerberg-led firm considered investing tens of millions in CRED and also explored buying out the entire startup and bringing Shah in an operating role.

Fitness provider Cult.fit will file its draft papers for a ₹3,500 to ₹4,000 crore IPO, Moneycontrol reported, citing sources. The IPO will have a mix of a fresh issue and an offer for sale for existing shareholders, the report added. The firm turned EBITDA positive in the last quarter of FY26, and its revenue was over ₹1,700 crore, sources added.