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SACHIN AWASTHI NEWS
'Treated like criminals': Influencer Sachin Awasthi claims detained in South Korea, China with wifeIndian content creator Sachin Awasthi reported being detained for 38 hours on Jeju Island, South Korea, and during transit through China. H...- Nykaa Q4 net profit plunges 72%; Centre to regulate high-risk data fiduciaries closelyFSN E-commerce Ventures, the parent entity of omnichannel fashion platform Nykaa, has reported a major decline in its fourth-quarter (Q4) n...
- Amazon to close seller firm Appario; ‘Chief Twit’ wastes no time in revamping TwitterIn April, Amazon shut down Cloudtail – once the largest seller on its India marketplace – after the Indian government introduced tighter fo...
- Only 6% Google fee for some apps; ED freezes another Rs 46 crore in loan apps caseGoogle’s revised Play Store billing policy, which is set to take effect in India on October 31, may bring good news for app developers that...
- Amazon India marketplace revenue up 32%; ED unfreezes WazirX bank accountsAmazon Seller Services, which runs the Amazon India marketplace, reported a 32% jump in overall revenue to Rs 21,633 crore on a standalone ...
- Terra’s aftershocks torment cryptoThis week, Terra’s creator Do Kwon was fined $78 million by tax authorities and faces an investigation in South Korea, another stablecoin l...
- Ola loses appetite for cloud kitchens; Meta sued for ‘hiring bias’ against US citizensOla is scaling back and looking to sell most of its kitchen equipment.
- Sequoia delays close of $2.8B fund amid probes; RBI dents Sachin Bansal’s banking dreamsThe storied venture capital firm has told its limited partners it has decided to postpone the close of its $2.8-billion India and Southeast...
- Sachin Bansal firm denied banking licence; Musk warns Twitter deal dead without fake-accounts proofIn total, the central bank rejected six of the 11 applications it received. Of the six, four applications were for universal bank licences ...
- Paytm’s Raheja QBE deal is off; Navi Finserv to raise Rs 600 cr from bond saleOne97 Communications, the parent company of Paytm, has said its deal to acquire Raheja QBE General Insurance Company Ltd has been terminate...
- Digital curtain descends on RussiaSince Vladimir Putin’s invasion of Ukraine began on February 24, more than 340 companies have announced complete or partial withdrawals fro...
- Retail EV sales jump; Navi to file for IPO this weekAccording to the latest data from the Federation of Automobiles Dealers Association, retail sales of passenger EVs and two-wheelers saw a h...
- Navi to file for IPO this week; BharatPe’s Nakrani praises ‘decisive’ boardSachin Bansal’s Navi Technologies, is ploughing ahead with its Rs 4,000-crore IPO and is set to file draft papers with Sebi this week.
- IvyCap rakes in $214M for third fund; new investment vehicle for foundersThe company will continue to focus on areas such as consumer technology, deep-tech, healthtech, fintech, SaaS and edtech.
- The state of CBDCsThis week the International Monetary Fund (IMF) released a report outlining six case studies of central bank digital currencies (CBDCs).
- Digital rupee must be anonymous: Nilekani; why Polygon tapped top investorsDigital rupee must be anonymous to prevent the possibility of state surveillance, Nandan Nilekani says. Institutional heft and firepower we...
- Lawyer boards BharatPe; Livspace is 7th unicorn of 2022Ashneer Grover has already called current chief executive Suhail Sameer “spineless” and accused him of dancing to the board’s tunes. Now wi...
- India bans 20 YouTube channels; MapmyIndia’s listing popThe government has for the first time invoked its emergency powers under the new IT rules, which came into effect in May. It has banned 20 ...
- Digital payments beyond cities; Ola’s scooter sale a hitIndia is one of the world’s biggest digital payments markets even though access to them remains restricted to urban areas. Now, the governm...
- The quiet rise of a startup hub in ChandigarhThere are over 700 active startups in Chandigarh as of July 9 and more than one-third of these were founded in the last four years.
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