Adani Group’s media arm AMG Media Network indirectly acquired a 29% stake in New Delhi Television Ltd (NDTV), and has offered to buy another 26% from the open market, which will make it the majority stakeholder in the company. 

This is the conglomerate’s largest bet in this sector so far, putting Founder and Chairman Gautam Adani—who saw the largest wealth gain of $49 billion in 2021—directly in competition with fellow business magnate Mukesh Ambani on yet another front. Ambani-led Reliance Industries owns Network18 Group, which runs several news channels, magazines, and news websites.

In other news, Apple aims to start manufacturing the iPhone 14 in India two months after its initial release out of China. The tech behemoth has been working with suppliers to ramp up manufacturing and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, reported Bloomberg.

Lastly, it is ​​Pluto Demotion Day, which marks the controversial decision to downgrade Pluto to a dwarf planet in 2006, changing our textbooks forever.

And some of us are still quite mad about it.

In today’s newsletter, we will talk about

Here’s your trivia for today: Who discovered the ozone layer?

While our newfound passion for hobbies like painting, crafts, and baking fizzled with the end of lockdowns, gardening apparently is still gaining traction. 

And cashing in on this love for home gardening are startups like Lazy Gardener , Seed2Plant, Bombay Greens , and Gardengram. 

Nischal Shetty, Founder and CEO of WazirX , is in talks to raise $18.28 million in funding for his new blockchain startup, Shardeum. 

In 2022, Nischal teamed up with Omar Syed up to launch Layer 1 blockchain Shardeum. The project says it is the only network to employ auto-scaling, where it can increase and decrease shards in an automated manner, and achieve infinite scalability.

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The SMB segment may be the largest employment generator in India, but it routinely finds itself facing a recruiting problem, especially finding blue- and grey-collar workers. 

Namakkal-based Kaigal , which means 'hands' in Tamil, aims to offer a helping hand and solve this problem. Founded in 2019 by Balamurugan Sundararajan, Ravin Somi, and Senthil Natarajan, the social enterprise is working to organise the blue-collar jobs sector. 

Who discovered the ozone layer?

Answer: French physicists Charles Fabry and Henri Buisson in 1913.

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