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Telegram faces investigation in India, report suggests possible ban
The widely used messaging service Telegram is dealing with a number of serious issues that could affect how it operates going forward. The platform is under close examination as a result of the arrest...
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Ola Electric market cap drops by ₹11,000 Cr, share price declines by 22% from...
Since its launch earlier this month, Bhavish Aggarwal’s Ola Electric Mobility has been generating news on the stock market. The company’s stock recently saw a steep dip following a strong start, with...
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Video sharing platform YouTube increases Premium prices for all plans in India
The international video-sharing website YouTube has revealed a large rise in the cost of its Premium membership in India for all tiers of subscribers. Subscriber buzz has been generated by this...
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Disney India, Reliance mega merger worth ₹70,350 Cr receives CCI approval
The recent approval by India’s Competition Commission (CCI) for the Rs 70,350-crore merger between Reliance Industries Ltd (RIL) and Disney’s Indian media assets marks a pivotal moment in the country’s...
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Report: Chinese hackers breach into US, Indian Internet companies, Chinese...
Recent disclosures have connected a string of assaults against vital infrastructure in the US and India to the Chinese state-sponsored hacker collective Volt Typhoon. These assaults, which took use of...
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Big B aka Amitabh Bachchan’s family office, Motilal Oswal Chairman acquire...
A recent strategic investment in Swiggy, a major player in India’s quick-commerce and food delivery business, was made by Amitabh Bachchan’s family office. This step entails buying shares from some of...
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At 21, Zepto co-founder Kaivalya Vohra becomes youngest to make it to Hurun...
Part of the fast growing Zepto company, 21-year-old entrepreneur Kaivalya Vohra continues to make waves in the Indian business sector as one of its co-founders. Vohra, who has a net worth of Rs 3,600...
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Aviva sent tax notice as firm gets caught for clandestine cash payments and...
The British insurance behemoth Aviva is under investigation in India over claims that it violated local laws governing commission payments to sales representatives. According to a Directorate General...
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Durex India protection fails, customer data left exposed
A big data breach has affected Durex India, the regional division of the well-known British condom and personal lubricant business. Sensitive consumer data was exposed, which presents major privacy and...
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NCLT approves merger of Viacom18, Star India following CCI nod
The merger of Viacom18 Media Pvt. Ltd., owned by Reliance Industries Ltd., and Star India Pvt. Ltd., controlled by Walt Disney, has been approved by the National Company Law Tribunal (NCLT), marking a...
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Weekly Startup Funding News: Indian startup’s raised $466 Mn this week; from...
The final week of August saw a notable upsurge in fundraising activity for the Indian startup ecosystem. Startups raised a total of $466.1 million from 26 to 31 August through 22 deals. This represents...
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Weekly Business News: From Viacom18-Star India Merger to Resource Automobile IPO
The financial community is reeling from the recent IPO of Resourceful Automobile Limited, which has taken the BSE SME platform by storm. On August 22, 2024, the initial public offering (IPO) was...
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At $180 Mn valuation, speciality coffee and bakery, Blue Tokai raises $35 Mn...
The well-known brand in the specialty coffee sector, Blue Tokai, just closed a $35 million investment round headed by Verlinvest of Belgium. With this fresh investment, the company’s worth soars to...
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Reliance backed Dunzo fires 150 employees, promises to clear dues after...
Due to a severe cash shortage, Dunzo, the online delivery service supported by Reliance Retail, is going through a difficult time. There are now just 50 workers at the company after another round of...
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AnandTech Editor-in-chief Ryan Smith confirms closure of the tech review site...
A mainstay of tech journalism since 1997, AnandTech has formally announced its demise. AnandTech has always been a reliable source for in-depth, thorough analyses of computer hardware and other...
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GRM Overseas Ltd. buys 44% stake in Rannvijay Singha and Virat Kohli backed...
The parent business of the digitally-first coffee brand, Rage Coffee, Swmabhan Commerce Pvt Ltd, has made headlines with a recent strategic investment by GRM Overseas Ltd, a major participant in...
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Paytm receives Finance ministry approval for investment in payment services...
Aug. 28, BENGALURU — The finance ministry of India has approved One 97 Communications, also known as Paytm, to raise capital for its payment services company, which is a major step forward for the...
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Meta AI saves woman committing suicide by sending alert to UP police
An artificial intelligence program called Meta AI, created by Meta, the parent company of Facebook and Instagram, has shown to be a useful tool in preventing suicides in Uttar Pradesh (UP), India....
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WazirX hacker who stole $234 Mn starts laundering the money using Tornado Cash
WazirX, the biggest cryptocurrency exchange in India, is at the epicenter of a serious security incident. Recovery operations are made more difficult by the fact that the hacker who stole digital...
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After 2.5 years of hiring delay, Infosys finally extends offer letters to...
A major milestone has been reached as Infosys sent over 1,000 offer letters to 2022 campus hires, ending a 2.5-year wait for numerous talented engineers. After a time of uncertainty for the recent...
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