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Byju’s founder accused of trying to regain firm with hidden cash

Economic Times

Economic Times · 1m

Byju’s founder accused of trying to regain firm with hidden cash

The founder of Byju's, the bankrupt Indian tech firm, allegedly attempted to use hidden loan proceeds to secretly repurchase a software company that was taken over by an American trustee. Byju Raveendran sought...

Former CDPQ exec, Gautam Adani charged in $250 mn bribery case in US

VCCircle

Former CDPQ exec, Gautam Adani charged in $250 mn bribery case in US

Former executive at Canadian pension fund CDPQ, Cyril Cabanes, has been charged alongside Indian billionaire Gautam Adani and other senior officials at Adani Group in an alleged bribery and fraud case in the US...

Nvidia Says New Chip Remains on Track After Forecast Disappoints

Livemint

Livemint · 58m

Nvidia Says New Chip Remains on Track After Forecast Disappoints

Nvidia has reassured investors that its AI-focused product lineup will support its growth, although production and engineering costs are proving more expensive than anticipated. The company's highly anticipated...

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Reddit fixes widespread outage affecting thousands in the US

Livemint

Livemint · 58m

Reddit fixes widespread outage affecting thousands in the US

Reddit experienced a software flaw that caused a widespread outage, preventing many users from accessing the site. Around 49,000 reports of platform issues were made during the outage. In other news, Australia ...

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Adani mulls surrendering 5G spectrum after more than 2 years of purchase

Livemint

Livemint · 58m

Adani mulls surrendering 5G spectrum after more than 2 years of purchase

Adani Data Networks, a subsidiary of Adani Enterprises, is reportedly considering surrendering its 5G spectrum after two years of not utilizing it. While Adani Data Networks has not formally communicated its in...

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Google accused of suppressing internal records amid antitrust trials: Report

Livemint

Google accused of suppressing internal records amid antitrust trials: Report

Google has been under fire in multiple antitrust trials for its internal communications practices. The tech giant has been accused of suppressing evidence, deleting messages, and using attorney-client privilege...

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Zomato CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’

Livemint

Zomato CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’

Food delivery aggregator Swiggy recently had its successful IPO, making hundreds of its employees "crorepatis" with their holdings now worth crores of rupees. Zomato CEO Deepinder Goyal, offering perspective as...

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‘Work-life balance is incredibly important…’: Wipro Chairman Rishad Premji stresses importance of work-life balance | Company Business News

Livemint

‘Work-life balance is incredibly important…’: Wipro Chairman Rishad Premji stresses importance of work-life balance | Company Business News

Wipro Ltd.'s Executive Chairman Rishad Premji emphasized the importance of work-life balance during a fireside chat at the Bengaluru Tech Summit 2024. Premji shared his insights on how individuals need to defin...

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Frooti maker faces 12% revenue drop amidst tax hike challenges | Company Business News

Livemint

Frooti maker faces 12% revenue drop amidst tax hike challenges | Company Business News

Beverages company Parle Agro Pvt Ltd reported a 12% decline in revenues for the fiscal year ending March 2024, reaching ₹3,209 crore, compared to ₹3,654 crore in the previous year. The company's profits also dr...

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Medial Quiz

Which fintech startup from India provides an easy way for businesses to manage their finances and was part of Y Combinator?

• Khatabook• Razorpay• Paytm Money• Niyo

1

Millionaire Bryan says his face blew up after injecting donor's fat proteins, shares pic

Millionaire Bryan says his face blew up after injecting donor's fat proteins, shares pic

Tech millionaire Bryan Johnson, who's spending around ₹16 crore/year to get an 18-year-old's body, revealed that his face blew up after he injected a donor's fat-derived extracellular matrix to restore his faci...

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Rapido to soon launch airport pool taxis to Bengaluru airport

Economic Times

Economic Times · 10h

Rapido to soon launch airport pool taxis to Bengaluru airport

Ride-hailing app Rapido is planning to launch pool taxi services to Bengaluru's Kempegowda International Airport (KIA) in early 2022. The company aims to enhance shared mobility by offering affordable rides thr...

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Karnataka Minister Priyank Kharge given demo of Uber Shuttle

Economic Times

Economic Times · 11h

Karnataka Minister Priyank Kharge given demo of Uber Shuttle

IT/BT Minister Priyank Kharge visited Uber's display at the Bengaluru Tech Summit to learn about their new service, Uber Shuttle. This service aims to help more people book their travel in larger vehicles like ...

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Karnataka-DRDO ink pact to support defence startups

Economic Times

Economic Times · 11h

Karnataka-DRDO ink pact to support defence startups

The Karnataka government has signed an MoU with the DRDO (Defence Research and Development Organisation) to support defence startups in the region. Through this agreement, defence startups will have access to D...

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Zomato's Deepinder Goyal launches Chief of Staff role with no salary and a Rs 20 L cost clause

YourStory

YourStory · 12h

Zomato's Deepinder Goyal launches Chief of Staff role with no salary and a Rs 20 L cost clause

Zomato CEO Deepinder Goyal is searching for a Chief of Staff, but there is a unique requirement - no salary for the first year. Instead, the selected candidate will need to make a donation of Rs 20 lakh to Zoma...

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Blitz, Doodhvale Farms, Taqtics raise early-stage funding

VCCircle

VCCircle · 12h

Blitz, Doodhvale Farms, Taqtics raise early-stage funding

Blitz, a quick commerce logistics enabler, has raised Rs 40 crore ($4.7 million) in a Series A funding round led by IvyCap Ventures. Doodhvale Farms, a D2C dairy company, announced the closure of its $3 million...

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After Swiggy, another portfolio firm of Prosus draws up plan for mega IPO

VCCircle

VCCircle · 12h

After Swiggy, another portfolio firm of Prosus draws up plan for mega IPO

Prosus, a global technology investor, is preparing for another major initial public offering (IPO) with its portfolio company Meesho, an Indian e-commerce firm. Following the successful listing of Swiggy, Prosu...

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How much upside KKR is sitting on in its two-year old bet as new investor comes in

VCCircle

VCCircle · 12h

How much upside KKR is sitting on in its two-year old bet as new investor comes in

KKR, a global investment firm, is expecting significant returns from its two-year-old investment as a new investor joins the company. The details of the investment and the identity of the new investor were not ...

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GPS ropes in former civil servant Deepak Agarwal to head project development arm

VCCircle

VCCircle · 12h

GPS ropes in former civil servant Deepak Agarwal to head project development arm

GPS Renewables Pvt Ltd, a biogas engineering firm based in Bangalore, has appointed Deepak Agarwal as the head of its project development arm, ARYA. Agarwal, a former civil servant and industry veteran, brings ...

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Medial Quiz

Which Y Combinator-backed startup focuses on providing tax filing services in India?

• ClearTax• Tax2win• H&R Block• TaxBuddy

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