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According to court documents viewed by a media house, three online vendors who operate on Flipkart, owned by Walmart, have filed a lawsuit against the Indian antitrust watchdog following an inquiry that discovered violations of competition regulations by both Flipkart and competitor Amazon. According to a media report, antitrust investigations
After years of bitter court fights and public arguments, fintech company BharatPe has achieved a settlement with its erstwhile co-founder Ashneer Grover. A BharatPe spokeswoman stated in a statement that Grover will not be connected to the company in any way or have any ownership stake as part of the
Leading edtech firm Adda247, supported by Google, has announced that it has acquired PrepInsta, a premier placement preparation site. Adda247 wants to increase its presence in employment education programs in the public and private sectors, and this acquisition will help it achieve that goal. The deal's financial details
The media and entertainment industry's future appears to be in the AVGC (Animation, Visual Effects, Gaming, Comics) sector. Films like PS1 and Kalki, along with Baahubali and RRR, have introduced a fresh approach to depicting historical and fantasy themes in Indian cinema. India now has the second-largest anime
Collections 🗒️
India has been a hub for international businesses for several decades, and the presence of multinational companies has played a crucial role in boosting the country's economy. The Indian market offers a vast consumer base and a skilled workforce, making it an attractive destination for MNCs to set
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Not many things out there can match the convenience that comes with a credit card. After all, what can be better than spending money, money that you don’t have to hold or carry in your wallet? Moreover, we hover around, get 6-7 weeks to pay back the same, and
📄Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The concept of credit is something that is not new. People have been opting for credit since time immemorial. Credit is crucial when our capital cannot support certain investments, and credit cards have certainly
📄Company Profiles
In today’s fast-paced world, energy is at the heart of everything – from the cars we drive to the cities we power. For over 140 years, ExxonMobil has been at the forefront of fueling that energy responsibly and sustainably. With operations in more than 60 countries, their team of 62,
The draft red herring prospectus (DRHP) was submitted to SEBI, the markets regulator, by food aggregation and grocery delivery platform Swiggy on 26 September 2024. Through a new offering, the company hopes to raise INR 3,750 crore. The IPO combines a new issue with an existing investor's
The CEO and creator of Software-as-a-Service (SaaS) company Kissflow, Suresh Sambandam, announced the creation of the MudhalVC fund on 26 September 2024. The fund will provide funding to Tamil Nadu-based idea-stage firms, with an emphasis on those originating from Tier 2 and Tier 3 locations. As of now, the investment
Karnataka, the southernmost state of India, intends to reduce taxes and provide financial incentives to companies in the clean mobility sector. This includes a substantial tax reduction for hybrid vehicles, which will be advantageous for Toyota, according to a draft document from the state government. The state of Bengaluru, which
On 25 September 2024, the Supreme Court questioned Byju's choice to pay off the Board of Control for Cricket in India (BCCI) for INR 158 crore, while leaving behind significant amounts owed to other creditors, such as US lender Glas Trust Co LLC, totaling INR 15,000 crore.