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Walt Disney Reports $103 Mn In Equity Loss From India JV JioStar

India, May 8 -- The Walt Disney Company witnessed an equity loss of $103 Mn from its Indian joint venture (JV) JioStar with Reliance Industries and Bodhi Tree Systems during the quarter ended March 20... Read More


CCI Notifies New Rules To Assess Predatory Pricing By Ecommerce & Q-Commerce Platforms

India, May 8 -- The Competition Commission of India has notified new rules for determining the "cost" of goods and services to effectively evaluate alleged predatory pricing practices in ecommerce and... Read More


Nazara Goes Shopping Again, Zomato Rethinks Refunds & More

India, May 8 -- Nazara Goes Shopping Again Nazara's acquisition spree continues unabated. The online gaming giant's US subsidiary, Absolute Sports, will now acquire Titan Insider Digital's two proper... Read More


Starlink Inches Closer To India Entry, Gets Initial Nod To Offer Satcom Services

India, May 8 -- Inching closer to its India entry, Elon Musk-led satellite communications (satcom) operator Starlink has reportedly received a letter of intent (LoI) from the telecommunications depart... Read More


Meta Blocks Thousands Of Scam Facebook Accounts Targeting Indians

India, May 7 -- Social media giant Meta said it blocked access to thousands of Facebook pages and accounts that scammed Indian users in March. In total, Meta removed more than 23,000 Facebook pages a... Read More


SaaS Unicorn BrowserStack Acquires Y Combinator-Backed Requestly

India, May 7 -- Homegrown SaaS unicorn BrowserStack has announced the acquisition of Y Combinator-backed HTTP interception and mocking tool Requestly for an undisclosed amount. In a blogpost, Browser... Read More


Months After Laying Off 18% Workforce, Blissclub Nets INR 33 Cr

India, May 7 -- Women-focussed D2C apparel brand Blissclub has raised INR 33 Cr as part of its Pre-Series B funding round led by Elevation Capital, along with participation from Eight Roads Ventures. ... Read More


Paytm's Bitter-Sweet Results, Ather's Flat Listing & More

India, May 7 -- Paytm's Bitter-Sweet Quarter Despite posting a flat net loss of INR 544.6 Cr in Q4 FY25, Paytm has made a healthy stride towards its goal of turning profitable in Q1 FY26. What's inte... Read More


MDR On UPI Transactions Can Increase Competition: Paytm CEO

India, May 7 -- Paytm founder and CEO Vijay Shekhar Sharma said that the introduction of merchant discount rate (MDR) on UPI payments will result in a rise in revenue for the fintech major but also ha... Read More


Certain Influencers Working Against Nation: Parl Panel

India, May 6 -- The Parliamentary standing committee on communications and information technology has reportedly sought details from two union ministries regarding "contemplated action" against online... Read More