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Comply With Food Safety Norms Or Face Action: FSSAI To Ecommerce Platforms

India, July 9 -- Amid the rising cases of food safety violations at the stores of ecommerce platforms, especially quick commerce players, the Food Safety and Standards Authority of India (FSSAI) has w... Read More


US Court Holds Byju Raveendran In Contempt For Non-Compliance

India, July 9 -- The US Bankruptcy Court in Delaware has reportedly held embattled edtech startup BYJU'S founder Byju Raveendran in civil contempt for failing to appear before the court and submit evi... Read More


JSW Ventures Looking To Float Third Fund Worth INR 450 Cr

India, July 9 -- JSW Group's VC arm JSW Ventures is reportedly planning to launch its third fund to raise between INR 400 Cr to INR 450 Cr (about $47 Mn to $52 Mn) from domestic investors. This comes... Read More


Centre Gets INR 8,000 Cr Worth Proposals For Electronics Manufacturing

India, July 8 -- The Centre has reportedly received proposals worth INR 7,500 Cr to INR 8,000 Cr under the electronics components manufacturing (ECM) scheme. A report by Business Standard said that t... Read More


Tracxn To Buyback Shares Worth INR 8 Cr

India, July 8 -- Listed market intelligence platform Tracxn's buyback committee has approved a stock buyback programme worth nearly INR 8 Cr. In an exchange filing yesterday, the company said it will... Read More


BlackBuck To Appeal Tax Demand Notice Over TDS Issues

India, July 8 -- Listed logistics startup BlackBuck today said it received a tax demand notice totalling INR 28.55 Lakh from the Income Tax (I-T) Department. In a filing with the exchanges, the compa... Read More


Kedaara Gets CCI Nod To Invest In Porter

India, July 8 -- The Competition Commission of India (CCI) has approved Kedaara Capital's plan to invest in hyperlocal logistics startup Porter. Kedaara Sapphire Holding and Kedaara Capital Fund IV A... Read More


Exclusive: Infra.Market Acquires Majority Stake In Metro Group To Strengthen Its Tile Biz

India, July 8 -- IPO-bound building materials platform Infra.Market has picked up a majority stake in Metro Group, a ceramic tiles manufacturing company, in a share swap deal worth INR 200 Cr, the com... Read More


Can AI Fix VerSe's Broken Notes, subtl.ai Shuts Shop & More

India, July 8 -- Can AI Fix VerSe's Broken Notes? With AI reshaping the Indian content landscape, VerSe Innovation appears to be caught between a rock and a hard place. The parent company of DailyHun... Read More


[Update] Elon Musk's X Claims MeitY Asked To Block 2.3K Accounts; Centre Refutes

India, July 8 -- Update | July 8, 7:54 PM Hours after X alleged the Indian government's interference in blocking and unblocking accounts on the microblogging platform, the Ministry of Electronics and... Read More