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Crackdown On Cybercrimes: Telecom Department Orders Blocking 28,200 Mobile Handsets

India, May 10 -- In a major crackdown against the rising tide of OTP and digital scams in the country, the Department of Telecommunications (DoT) has ordered telecom service providers to block 28,200 ... Read More


File Review Petition Against Order To Remove Non-Consensual Images: Delhi HC To Google, Microsoft

India, May 9 -- The Delhi High Court (HC) on Thursday (May 9) directed Google and Microsoft to file a fresh review petition against the court's previous order which required the tech giants to identif... Read More


Desh Wapsi: Groww Moves Back Domicile To India

India, May 9 -- Fintech unicorn Groww has completed its reverse flip, moving its domicile to India from the US. The startup's CEO and cofounder Lalit Keshre took to X to make the announcement. "As o... Read More


Venturi Partners Picks Up 5.12% Stake In K12 Techno Services For $27 Mn

India, May 9 -- Venturi Partners, a consumer sector-focused fund which makes investments across India and Southeast Asia, has bought 5.12% stake in edtech startup K12 Techno Services for $27 Mn (INR 2... 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


TBO Tek IPO Subscribed 1.15X On Day 1; Motilal Oswal Recommends Subscription

India, May 8 -- The initial public offering (IPO) of B2B travel portal Travel Boutique Online or TBO Tek was subscribed 1.15X on the first day of bidding on Wednesday (May 8). According to BSE data, ... Read More


Paytm Shares Slip To 52-Week Low Amid Exodus Of Leaders

India, May 8 -- Continuing its recent skid in the stock market, shares of fintech major Paytm slipped by 5% to INR 317.45 during the intra-day trading on BSE on Wednesday (May 8). With this, the stock... Read More


Goldman Sachs Bullish On CarTrade; Increases Stake To 5.15% Amid Rally

India, May 8 -- Days after reporting profits in the March quarter (Q4) of financial year 2023-24 (FY24), Cartrade got another boost in terms from one of its key investors as Goldman Sachs Asset Manage... Read More


Former Tesla Exec-Led DGI Forms JV With EVage To Build Electric Motors In India

India, May 8 -- UK-based electric drivetrain systems manufacturer DG Innovate (DGI) has entered the Indian market via a joint venture (JV) with electric commercial vehicle startup EVage Motors. DGI is... Read More


Reliance Deal Dented Disney India's Business By $2 Bn

India, May 7 -- In its financial report for the second quarter of 2024, US based entertainment major Walt Disney said it incurred over $2 Bn charges due to goodwill impairments related to Star India a... Read More