3 insights to kick-start your day, featuring the continuing Byju’s conundrum

The endgame This just happened. Reliance shuts Milkbasket, layoffs in sight. Hiding in plain sight. From being on an acquisition spree till a few years ago, Reliance has now decided to go slow. Following the funding winter, the company is pulling the plug on milk-delivery platform Milkbasket, which it acquired in 2021. As the name suggests, Milkbasket delivers fruit, vegetables, and bakery products besides dairy to consumers. The Milkbasket