U.S. Company Terminates Indian-Origin Lawyer Over Relationship with CEO
Nabanita Nag, an Indian-origin lawyer and Chief Legal Officer at Norfolk Southern Corporation in Atlanta, and CEO Alan Shaw were terminated over alleged relationship.
India
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BYJU’s U.S. Bankruptcy Ruling Sparks Surprise in India
U.S. court in Delaware, on Tuesday, ordered involuntary Chapter 11 bankruptcy proceedings against BYJU's units: Neuron Fuel Inc., Epic! Creations Inc., and Tangible Play Inc.
BYJU’s Insolvency: Supreme Court to Hear Plea on September 17
The Supreme Court has scheduled a hearing for September 17 to consider an appeal filed by Glas Trust Company LLC, U.S.-based creditor of BYJU's.
Pixxel Achieves Groundbreaking Success as the First Indian Space Startup to Win a NASA Deal
Pixxel joins NASA's $476-million commercial smallsat data acquisition program, utilizing its advanced hyperspectral earth-imaging capabilities.
The Hosteller Gears Up for Major Expansion with $4 Mn Series A Funding Round Led by V3 Ventures
India's premier backpacker hostel chain, Pune-based The Hosteller has secured a Series A funding round of $4 million led by V3 Ventures.
Tollywood Star Mahesh Babu Invests in Hyderabad-based Nutraceutical Brand Fitday
Hyderabad-based nutraceutical startup Fitday, on Monday, announced a strategic investment from GMB Entertainment owned by Tollywood actor Mahesh Babu.
WazirX Hack: Tensions Arise Between WazirX and Liminal Custody Over $230 Mn Theft
WazirX hired Google-owned Mandiant Solutions to investigate the hack. It suggested that it might have originated from Liminal Custody.
WazirX Decides to Use ₹100 Crore from Users to Fund Legal Fights
On Saturday, cryptocurrency exchange WazirX doubled down on its contentious decision to allocate INR 100 crores from user funds to cover legal costs.
Foodtech Unicorn Swiggy is Defrauded of ₹33 Cr by a Former Employee
Bengaluru-based foodtech giant Swiggy has witnessed embezzlement lately, with a former junior employee allegedly misappropriating approximately INR 33 crore.
WazirX Hack: Users will be able to withdraw 55-57 percent funds, Hackers launder $10 Mn through Tornado Cash
WazirX hack by Lazarus is the largest crypto hack in India - stealing $235 million of crypto assets, laundered around $10 Mn through Tornado Cash.
IIT Delhi Inaugurates its First International Campus in Abu Dhabi, UAE
The Indian Institute of Technology (IIT) Delhi officially inaugurated its campus in the capital Abu Dhabi, United Arab Emirates (UAE) on Tuesday.
Bold Care Co-founder Shares his Debit Card details on X – Asking Users to Spend
Mumbai-based men's sexual health and wellness startup Bold Care is making headlines for a social media stunt by one of the co-founders, Rahul Krishnan.