Monday, 9 August 2021

IPO-bound Paytm seeks shareholders' nod to double ESOP pool

The Noida-based firm has proposed to its shareholders an increase in the existing ESOP pool to 61,094,280 equity options at a face value of Re 1 each from the current 24,094,280 equity options.

from Tech-Economic Times https://ift.tt/3fKVvqR

TikTok, YouTube and Facebook want to appear trustworthy. Don't be fooled.

Facebook, Twitter and YouTube long ago lost the battle for public opinion, facing ire from consumers and lawmakers about A.I. systems that misinform, radicalise and polarise.

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LegalPay set to launch third-party litigation funding platform for retail investors

The Delhi-based startup is a third-party litigation finance platform that helps entities ease the financial burden of litigation cases such as shareholder and IPR related disputes, domestic and international arbitrations, and other time-bound cases.

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upGrad enters unicorn club after funding from Temasek, IFC, IIFL

Edtech startup upGrad, which competes with Byju’s and Unacademy, has closed a $185-million funding round at a valuation of $1.2 billion, thus entering the coveted unicorn club.

from Tech-Economic Times https://ift.tt/3lKVPtn

Amazon, Flipkart must face CCI probe, Supreme Court says

The Competition Commission of India (CCI) ordered the investigation against Amazon and Flipkart last year for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition.

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Amara Raja invests is EV battery startup Log 9 Materials

The investment gives Amara Raja Batteries an 11.36% stake in Log 9 materials, making it the startup’s primary partner for developing EV batteries and fuel cell technologies.

from Tech-Economic Times https://ift.tt/2X1cIWm

Supreme Court says antitrust probe of Amazon, Walmart’s Flipkart should continue

The Competition Commission of India (CCI) ordered the investigation against the companies last year for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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