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Business

Manu Chandra Predicts Bigger Exits for India's New-Age Consumer Brands

Manu Chandra, founder of VC firm Sauce, expects larger investor exits from India's new-age consumer brands as strategic acquisitions increase. He predicts more niche brands and frequent midsize acquisitions within five years, reflecting market share shifts from established players. Chandra recently won the Midas Touch award at ET Startup Awards 2026, recognized for early investments and significant exits, including a Rs 500-550 crore exit from Innovist in June.

ET Tech·

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Technology

Karnataka to Introduce AI Training in Govt Schools from Class 6

Karnataka Chief Minister D K Shivakumar has directed officials to introduce Artificial Intelligence (AI) training in government schools starting from Class 6. Currently, AI training is provided to Class 9 students. The initiative will involve the IT department and private partners, including Google, which has shown interest. Additionally, plans are underway to establish an AI university in the state and recruit 956 outsourced teachers.

HT Education··Karnataka

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Business

Glenmark launches new pump packs for OTC Adapalene Gel in US

Glenmark Pharmaceuticals has introduced new pump-pack versions of its over-the-counter Adapalene Gel USP, 0.1%, in the US dermatology market. Available in 15-gram and 45-gram sizes, the gel is marketed by Glenmark Therapeutics Inc. It competes with Differin Gel 0.1%, a leading OTC acne treatment. Marc Kikuchi, Glenmark's North America head, highlighted the launch's convenience and commitment to affordable healthcare.

Business Standard·

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Science

Tasmania's Swan Galaxias Threatened by Introduced Brown Trout

Tasmania introduced brown trout for sport in 1864, which has since spread across the island's rivers and lakes. This invasive species poses a major threat to the native swan galaxias, a small freshwater fish growing up to 5 inches. With an estimated 6,000 swan galaxias remaining, conservation efforts focus on protecting populations isolated by natural barriers from trout predation and competition.

HT World·

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World

Six Thieves Guard CaratLane Hyderabad Store While One Steals

CCTV footage from a CaratLane jewellery store in Hyderabad shows a seven-member gang during a theft. Six members guarded outside while one broke display cases inside, stealing jewellery worth around Rs 2 crore, including 300-400 pieces of gold and diamond ornaments. The incident was reported to Medipally police, who collected evidence. The store has insurance coverage.

NDTV··Hyderabad

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Business

Nifty Index Shows Recovery Ahead of RBI Policy Announcement

The Nifty index is recovering after heavy selling, supported by improved global cues and easing crude oil concerns. Key resistance levels remain at 22,700-22,750, while traders watch the 22,400-22,450 support range. Market participants are also closely monitoring the upcoming RBI policy announcements for further direction.

Mint Markets·

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