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News Brief

28 November, 2023
BCCI drags Byju’s to NCLT
31 October, 2023
Unacademy CFO Subramanian Ramachandran quits
Today's Edition

Internet
Siply’s Sousthav Chakrabarty took hundreds of investors for a ride
A tangled mess of related party transactions and misstatements have left the
fintech’s investors looking for answers and contemplating legal action.

Ashwin Manikandan
+1
Chaos



COP28 CLIMATE CONFERENCE NEEDS TO BUILD CREDIBILITY

As the crucial talks begin, actions, not words, are what is needed to arrest the
march towards a climate catastrophe.

Azman Usmani
Things Change



ALL IS NOT WELL AT APNA

The four-year-old HR tech startup’s FY23 numbers may look good, but they do not
tell the whole story.

Samiksha Goel
Last Week's Stories
NEWS EXPLAINER
30 November, 2023
Prosus labels Byju’s, PharmEasy as ‘large underperformers’ in India portfolio in
H1FY24
Prosus has called edtech firm Byju’s and healthtech startup PharmEasy as the
biggest “underperformers” in its India portfolio. According to the
Netherlands-based company’s financial report for the first half of the 2023-2024
fiscal, these underperformers have dented its internal rate …
Jack Ma believes Alibaba needs ‘change and reform’
In a sign of obvious stress at Chinese e-commerce and technology giant Alibaba,
co-founder Jack Ma has said the company needs to “change and reform” as it must
“correct its course”. “I firmly believe that Alibaba will change and reform,” …
Infamous hacker LockBit targets India’s National Aerospace Laboratories
India’s National Aerospace Laboratories is among the latest targets of
ransomware group LockBit. On Wednesday, LockBit added NAL to its dark web leak
site and threatened to publish data from the site unless it pays a ransom,
TechCrunch reported citing …
9 of 10 Indians confident of the government’s ability to tackle social
inequalities alongside green transition: Survey
With extreme weather events becoming more and more common in the country, a
majority of Indians seem to be acutely aware of the impact of climate change in
their everyday lives. 56% of Indians believe that environmental issues are among
…
READ MORE

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Latest Stories

Internet
Siply’s Sousthav Chakrabarty took hundreds of investors for a ride
A tangled mess of related party transactions and misstatements have left the
fintech’s investors looking for answers and contemplating legal action.

Ashwin Manikandan
+1
Chaos
COP28 climate conference needs to build credibility
As the crucial talks begin, actions, not words, are what is needed to arrest the
march towards a climate catastrophe.

Azman Usmani
Business



THE PRIVATE EQUITY-FUELLED INDIAN HOSPITALS’ GOLD RUSH

Large and small private hospital owners are cashing in by selling to private
equity investors, who plan to cash out big by selling to larger companies or
public market investors.

Anuj Suvarna
Business



GREEDFLATION, NOT INFLATION, PUSHES UP CAR PRICES AGAIN

Carmakers announce yet another price hike despite record margins and falling raw
material costs, citing high input costs even in the face of evidence to the
contrary.

Ujval Nanavati
Internet



BLUSMART FOUNDER ANMOL JAGGI’S PLAN TO MAKE EVS IS PURE FLIGHT OF FANCY

A big bang announcement to manufacture electric cars and multiple rollout
deadlines later, his publicly listed Gensol Engineering has little to show for
except a tadpole-like three-wheeler that is yet to prove itself.

Pradip K. Saha
Read All Stories
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November 30, 2023

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