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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The hyperlocal delivery startup has also been late in depositing TDS from salaries, even as it delays salaries to September.
In a company town hall meeting earlier in July, Dunzo co-founder and CEO Kabeer Biswas informed his staff that only partial salaries for the previous month had been paid for many employees. There was a promise that the amounts would be credited by mid-July and that this delay was just a minor hiccup. Biswas painted a fairly rosy picture. He went on to tell his team that Dunzo had achieved its targets for the first half of the year and it would tide through these problems.
Obviously, that hasn’t turned out to be the case. The past few days have …
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
