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Pine Labs Gets NCLT Nod To Reverse Flip To India

India, Aug. 19 -- Paving the way for Pine Labs to move its base to India, the National Company Law Tribunal (NCLT) has greenlit the fintech startup's plea to merge its Singapore entity with its Indian... Read More


Pine Labs Takes Another Step Towards Moving Base To India, Gets Initial Nod From NCLT

India, Aug. 19 -- Paving the way for Pine Labs to move its base to India, the National Company Law Tribunal (NCLT) has greenlit the fintech startup's plea to merge its Singapore entity with its Indian... Read More


Draft Rules For Digital Data Protection Act To Be Released In A Month: IT Minister

India, Aug. 19 -- The draft rules under the Digital Personal Data Protection Act (DPDP Act) will be released within a month, minister for electronics and information technology Ashwini Vaishnaw said. ... Read More


Foxconn Has Invested $10 Bn In India So Far, Says Chairman Young Liu

India, Aug. 18 -- Foxconn chairman Young Liu has said that the Taiwanese electronics manufacturer has invested $10 Bn in India so far and has plans to infuse more capital in the country in the coming ... Read More


RBI Tightens Norms For NBFC-P2P Lending Platforms

India, Aug. 16 -- In a bid to crack the whip on violations and foster compliance, the Reserve Bank of India (RBI) on Friday (August 16) modified the master directions (MD) for non-banking financial co... Read More


Binance Resumes Operations In India, Registers With Financial Intelligence Unit

India, Aug. 15 -- Clearing all decks for its re-entry in India, crypto exchange Binance said it has registered as a reporting entity with the finance ministry's Financial Intelligence Unit (FIU-IND). ... Read More


Swiggy Begins Charging Service Fees On Gross Order Value For Non-Metro Restaurants As Well

India, Aug. 15 -- After metros, IPO-bound foodtech major Swiggy has now reportedly begun charging service fees on the gross order value for its restaurant partners in non-metro cities as well. With t... Read More


Freshworks Chief Product Officer Srinivasagopalan Ramamurthy Quits

India, Aug. 14 -- In another top-level exit at Freshworks, the Nasdaq-listed SaaS startup's chief product officer (CPO) Srinivasagopalan Ramamurthy has resigned. In a filing with the stock exchange, ... Read More


FAME-II Row: Delhi HC Dismisses Okinawa's Plea To Restrain Centre From Recovering Subsidies

India, Aug. 14 -- In a major blow for Okinawa, the Delhi High Court (HC) has dismissed its plea seeking to restrain the Centre from recovering subsidies worth INR 116.8 Cr disbursed to the electric ve... Read More


A Month After $230 Mn Crypto Heist, WazirX Dumps Wallet Infra Provider Liminal

India, Aug. 14 -- Hit by a $230 Mn heist last month, crypto exchange WazirX is terminating its arrangement with wallet infrastructure provider Liminal. In a post on X on Wednesday (August 14), the ex... Read More