Exclusive

Publication

Byline

Location

Paytm, Vijay Shekhar Sharma Settle ESOP Case With SEBI

India, May 8 -- Fintech major Paytm has settled ESOP-related case with markets regulator SEBI by paying a penalty of INR 1.1 Cr to the regulator as well as cancelling the 2.1 Cr stock options granted ... Read More


Centre Orders OTT Platforms To Remove Pakistan-Origin Content

India, May 8 -- Amid the rising tensions between India and Pakistan, the information and broadcasting ministry (MIB) has asked OTT platforms, media streaming services, and intermediaries operating in ... Read More


RIL Withdraws Bid To Trademark 'Operation Sindoor'

India, May 8 -- Amid the escalating war between India and Pakistan, Reliance Industries Ltd (RIL) filed a plea to register the trademark "Operation Sindoor" and then withdrew it within hours. On May ... Read More


Delhivery Gets INR 49 Cr Tax Demand Notice

India, May 8 -- Logistics giant Delhivery has received a demand notice from the Directorate General of GST Intelligence (DGGI), Mumbai Zonal Unit. In an exchange filing, the company said that it has ... Read More


Ahead of India Foray, Tesla's Country Head Quits: Report

India, May 8 -- At a time when EV giant Tesla is firming up its plans to enter the Indian market, its India head Prashanth Menon has reportedly stepped down. As per a report by Bloomberg, Menon is al... Read More


Former Hero CEO Exits Ather's Board On Listing Day

India, May 8 -- EV major Ather Energy's boardroom has seen some volatility after a tepid listing earlier this week. Yesterday, the company announced that its non-executive director and departing CEO o... Read More


OpenAI Enables Local Data Storage In India

India, May 8 -- Artificial Intelligence giant OpenAI has launched data residency in India and other Asian countries, including Japan and South Korea, enabling these regions to store data locally. Thi... Read More


How Sorin Investments Built An INR 1,350 Cr Early Stage Fund In The Micro VC Age

India, May 8 -- When Sanjay Nayar, the former KKR India head, announced starting his own early stage venture fund Sorin Investments in 2022, it quickly became the buzz of town. This was in 2022, when ... 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


Porter Closes Series F Round Led By Kedaara, Wellington Management

India, May 8 -- After speculations around $100 Mn fundraise last month, hyperlocal logistics startup Porter has confirmed closure of its Series F funding round. The round was led by Kedaara Capital a... Read More