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Y Combinator has sold a 1.05% stake in Meesho through a block deal on the National Stock Exchange, with shares acquired by 20 investors including Nippon India Mutual Fund, HDFC Life, and Morgan Stanley. The transaction, valued at around ₹970 crore, was confirmed by exchange data and follows a prior report by CNBC-TV18.
The UK government offers an Ancestry visa to citizens of 22 African nations, allowing them to live and work in Britain for five years with a pathway to indefinite leave to remain. Applicants must prove a grandparent was born in the UK, Channel Islands, or Isle of Man. Zimbabwe's inclusion is notable despite its withdrawal from the Commonwealth.
According to the Henley Passport Index, South African passport holders can travel to 101 destinations without a prior visa. The ranking places the country 50th or 96th globally, depending on the report, with regional highlights across Africa, Asia, the Americas, and the Caribbean.
Anangsha Biswas, who plays Zarina in Mirzapur, opens up about receiving explicit and disturbing messages from fans who confused her with her on-screen character. She returns in Mirzapur: The Movie, alongside Pankaj Tripathi, Ali Fazal, and others.
India is negotiating free trade agreements with at least eight to nine more groups of countries, aiming to cover 75% of global trade, Commerce and Industry Minister Piyush Goyal announced during a business delegation visit to Japan, as he courted Japanese investment across sectors including semiconductors and AI.
In a significant market move, Meesho shares worth ₹945 crore were sold in a block deal on August 24, with reports pointing to Y Combinator as the likely seller. Institutional investors including Morgan Stanley, Goldman Sachs, and several mutual funds were among the buyers, according to exchange data.
India's markets regulator has turned down settlement applications from 13 foreign portfolio investors with significant stakes in Adani Group companies, as their proposed terms failed to align with Sebi's requirements. The decision, communicated last week, marks a fresh twist in a yearslong investigation into whether the funds were genuine public shareholders or fronts for Adani promoters.
India's Unified Payments Interface (UPI) marks a decade since its launch in August 2016, with annual transactions surging from 1.78 crore in FY17 to 24,162 crore in FY26. The platform now handles nearly half of global real-time payments, operates in 11 countries, and has become the backbone of India's digital economy.
India and Mauritius have exchanged a government-to-government MoU and a commercial agreement to supply the island nation's entire import requirement of petrol, high-speed diesel and aviation turbine fuel over five years. The deal was signed during Petroleum Minister Hardeep Singh Puri's visit, marking India's first long-term overseas fuel supply arrangement by a state-owned company outside South Asia.
Mauritian rider Kim Le Court won the overall classification at the 2026 Tour of Britain Women, becoming the race's first African champion after a decisive stage victory on the Great Orme. Lorena Wiebes dominated the sprints to take four of the five stages, including the finale in Royal Leamington Spa, and finished second overall. The result capped a strong period for Le Court following her earlier success at the Tour de France Femmes.
India's market regulator Sebi has barred Copthall Mauritius Investment Ltd, a JPMorgan unit, and Mansi Share and Stock Broking from the securities market for allegedly manipulating the closing auction on Sensex expiry day. The regulator impounded ₹3.67 crore as wrongful gains, while the JPMorgan unit plans to argue the violation was technical, not manipulative.
Symbiotec Pharmalab's ₹1,757-crore IPO, comprising a fresh issue and offer for sale, opened August 24 with a price band of ₹938-988. While the company highlights growth in CDMO and injectables, Day-1 subscription was muted at 0.14x overall, and analysts give mixed views on valuation.
The March and March Movement has announced a march and picket outside the SADC summit in Durban on Monday, under the theme 'It's time to fetch your people.' The movement, which has led protests against undocumented migrants, is demanding stricter visa controls and other measures. President Cyril Ramaphosa has condemned discrimination against fellow Africans.
Signatory States of the Djibouti Code of Conduct/Jeddah Amendment have agreed to set up a Combined DCoC Task Force to coordinate maritime operations against piracy in the Western Indian Ocean and Gulf of Aden. The decision, endorsed at an extraordinary Steering Committee meeting in July and by National Focal Points in August, aims to complement existing international efforts while addressing the continued captivity of seafarers.
A Financial Times report citing sources close to Tehran says Iran has assessed striking US military assets in southeastern Europe, including bases in Bulgaria and Cyprus, if President Trump escalates the conflict. NATO says it is prepared to defend allies, while Bulgaria and Cyprus have taken precautionary measures and Cypriot officials deny the threat.
Africa remains the epicenter of the global malaria burden, but rising temperatures are reshaping where the disease thrives, while vaccines and prevention tools are beginning to turn the tide. New risks from an invasive mosquito species and funding cuts threaten progress, experts say.