While PE excels at financial and operational restructuring, firms sometimes overlook the strategic imperatives required to build sustainable, consumer-facing brands.

United States private equity firm Presidio Investors has completed a deal to buy struggling Italian club Hellas Verona from Italian entrepreneur Maurizio Setti, the Serie A side said on in a statement on its website on Wednesday.

Hellas Verona have become the latest Serie A club to be taken over by an American consortium. Presidio Investors, a Texas-based private equity firm, have acquired 100 per cent of the club from long-running owner Maurizio Setti.

India's space tech startup Pixxel launched three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday. The satellites were launched at 1915 GMT, just after midnight in India,

Indian space-tech startups Pixxel, Digantara, and XDLINX Space Labs successfully launch satellites to monitor earth and space objects aboard SpaceX's Transporter-12 mission. Pixxel's Firefly constellation achieves India's first private satellite constellation with high-resolution imaging.

Space startup Pixxel, which is based out of Bengaluru has made history on Wednesday by launching India's first private constellation of earth imaging satellites called Firefly, thereby making a grand entrance into the fast-emerging field of hyper-spectral imaging.

Leonardo Di Caprio has pledged to donate $1 million to aid in the relief efforts going on following the devastating Los Angeles wildfires. With this, the actor has joined several Hollywood celebrities who have come forward to help people affected by terrible LA fires.

Leonardo DiCaprio has faced fierce criticism after fleeing the devastating Los Angeles wildfires by private jet, with social media users branding the actor a hypocrite. The Oscar winner, 50, known for his environmental activism,

Oscar-winning actor Leonardo DiCaprio has sparked backlash after reportedly fleeing the devastating wildfires in Los Angeles in a private jet.