Govt files response before Madras HC for pleas challenging IT Rules 2021

The bench comprising Chief Justice Sanjib Banerjee and Justice P.D Audikesavalu listed the matter for further hearing on September 14 at 2:15 pm when the final arguments will be heard.

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Reddit seeks to hire advisers for US IPO: Sources

Reddit was valued at $10 billion in a private fundraising round last month. By the time the IPO takes place early next year, Reddit hopes it will be valued at more than $15 billion, one of the sources said.

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Sify Technologies announces channel partnership with Colt Technology Services for Europe

The partnership introduces Sify's collaborative practices for Oracle Cloud Infrastructure (OCI), the Infrastructure-as-a-Service that delivers on-premises computing power to run cloud-native and enterprise company's IT workloads.

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Beijing city looking to take Didi under state control: Report

Under the preliminary proposal, some Beijing-based companies would acquire a stake in Didi, said the report, adding that it remains unclear how large a stake the Beijing city government is considering taking.

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Xi says China to set up Beijing stock exchange for SMEs

Mainland China's two major stock exchanges are in the financial hub of Shanghai and in the southern city of Shenzhen, on the mainland's border with Hong Kong.

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Zomato shuts down its UK, Singapore businesses

The company said in the filing that its UK and Singapore subsidiaries were not material to its business and their dissolution would not affect its turnover or revenue. In August, Zomato shuttered its US subsidiary and sold its stake in Nextable Inc for $100,000.

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Bikayi raises $10.8 million in funding led by Sequoia Capital India

The company had secured $2 million in August 2020 as a part of its seed round led by San Francisco-based startup accelerator Y Combinator.

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