Wipro joins World Economic Forum initiative to advance racial justice, social equality

The initiative is aimed towards driving action and accountability for companies to confront racism at a systemic level.

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Kantar rejigs top management for insights division

Deepender Rana, who most recently led Kantar’s insights business in Greater China succeeds Preeti Reddy who takes on the role of Chairwoman of Kantar South Asia.

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Suspend account for ad words bidding war: Delhi HC to Google

The directive has come after two contempt petitions by MakeMyTrip (MMT) in the last two months against rival HappyEasyGo (HEG) in the court.

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No TDS required on import of shrink-wrapped software: Supreme Court

The Supreme Court (SC) on Tuesday ruled that payments made by resident Indian end-users or distributors (such as technology companies) to overseas suppliers on import of ‘shrink-wrapped’ software – generally known as off-the-shelf software, is not a ‘Royalty’ payment. Thus, no withholding tax obligations arise in India, against such payment.

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ETtech Morning Dispatch on March 3, 2021: All aboard the tech IPO train!

Here's a look at the top tech news to start your day.

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PolicyBazaar rejigs cap table with a $45 mn round at $2.4 bn valuation

Online insurance aggregator PolicyBazaar has executed yet another secondary share sale, its second in a little over three months, ahead of an IPO planned at $3.5 billion valuation.

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Zomato on course for a billion-dollar IPO without investor exits

The Zomato IPO—slated for later this year—is expected to raise $750 million to $1 billion through a 100% primary offering, keeping in mind the long-term upshot that the investors expect from the stock.

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