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CCI's INR 936 Cr Penalty For Abuse Of Dominance Was Amorphous And Overbearing: Google To NCLAT

India, May 9 -- Tech giant Google argued before the National Company Law Appellate Tribunal (NCLAT) that the INR 936 Cr penalty levied by the Competition Commission of India (CCI) on the company was "... Read More


Digit IPO To Open On May 15; Issue Size Reduces

India, May 9 -- The initial public offering (IPO) of the insurance tech unicorn Digit Insurance is set to open next week on May 15 and close on May 17. As per the red herring prospectus (RHP) filed by... Read More


Govt Mulls Separate Semiconductor R&D Unit With Short Project Timelines

India, May 9 -- The Centre is mulling to build a dedicated research and development unit under the proposed India Semiconductor Research Centre (ISRC). This facility will focus on semiconductor resea... Read More


FrontRow Cofounder Ishan Preet Singh Rejoins Lightspeed India As Investor

India, May 9 -- Beleaguered edtech startup FrontRow's cofounder Ishaan Preet Singh has rejoined venture capital (VC) firm Lightspeed India as an investor. Singh made the announcement in a LinkedIn po... Read More


BYJU'S Slashes Product Prices, Revamps Sales Model

India, May 8 -- Amid the ongoing churn at BYJU'S, the troubled edtech major has reportedly "significantly" slashed the prices of its products and revamped its sales model. Sources told Business Stand... Read More


SoftBank In Talks To Double Down On Software Portfolio Firm Icertis

India, May 8 -- In the Indian startup ecosystem, SoftBank is making its moves yet again. The multinational conglomerate is in early discussions to double down on its existing software portfolio firm I... Read More


Listed Fintech SaaS Zaggle Reappoints Avinash Ramesh Godkhindi As MD & CEO

India, May 8 -- Listed fintech startup Zaggle has announced the reappointment of Avinash Ramesh Godkhindi as its managing director and chief executive officer. Godkhindi has been at the helm of the f... Read More


SEBI Mandates Social Media Disclosures For Investment Advisors

India, May 8 -- In a recent circular issued on May 7, India's securities and commodities market regulator, Securities and Exchange Board of India (SEBI), has mandated that investment advisors (IAs) di... Read More


Exclusive: Unacademy's PrepLadder Lays Off 145 Employees In Sales Strategy Rejig

India, May 8 -- Unacademy Group's medical entrance test prep platform PrepLadder has undergone another round of layoffs as the company shifts its sales strategy. This is the company's third round of ... Read More


India Needs To Prioritise Citizen-First AI Models, Says Nandan Nilekani

India, May 8 -- Nandan Nilekani, cofounder and chairman of Infosys, on Wednesday, said India needs artificial intelligence (AI) applications that benefit all citizens, instead of businesses competing ... Read More