Rise of BNPL amid regulatory ambiguity; Cloudtail to shut down

Fintech startups and big consumer internet companies such as Flipkart, Amazon, Paytm and Byju's are investing in India's buy-now-pay-later segment.

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India considers sharp import tax cuts on EVs after Tesla lobbying: Sources

Tesla, in its pitch to the government - first reported by Reuters in July, argued that lowering import duties on EVs to 40% would make them more affordable and boost sales. This triggered a rare public debate among automakers over whether such a move would contradict India's push to increase domestic manufacturing.

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Oyo aims for India IPO in 2021

Internally, the hospitality company has set a timeline of September for filing its IPO prospectus and wants to be a public company before the calendar year ends

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Cloudtail India to shut down in May 2022

In today's Top 5: Amazon India's biggest seller is halting operations from next May, UpGrad is joining the startup unicorn club, and Paytm is seeking to expand ESOP pool.

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ET Exclusive: Amazon's Cloudtail India to stop operations from May 2022

Amazon India said the two partners have mutually decided to not continue their joint venture beyond the end of its current term ending on May 19, 2022.

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Tesco Bengaluru - where family is everything

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Govt launches India Internet Governance Forum

The India Internet Governance Forum (IIGF) will be constituted by around 12 members from across the government, civil society, industry and associations and will be led by Anil Kumar Jain, CEO of the National Internet Exchange of India.

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