Fintech firms demand further liberalisation of tax regime in budget

The fintech industry has urged Finance Minister Nirmala Sitharaman to further liberalise the tax regime for financial sector startups in the forthcoming budget.

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Eclerx to remain aggressive about acquisitions

In 2020, Eclerx announced the acquisition of Personiv, an outsourcing provider with offices in the United States, India and the Philippines, for $34 million. It had previously acquired CLX in Europe in 2015 and Agilyst in 2012.

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ABFRL faces data breach on its portal

Aditya Birla Fashion and Retail Ltd. is facing a data breach on its portal, and the company is investigating the incident.

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States ask US court to reinstate Facebook antitrust lawsuit

Facebook owner Meta Platforms Inc said the states were wrong to ask for the district court dismissal to be reversed. "There are no grounds for overturning that decision in the court of appeals," a Meta spokesperson said

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Telangana minister KTR urges Elon Musk to set up shop in state

The minister's invitation comes a day after the billionaire said that Tesla is "still working through a lot of challenges with the government" in India to launch its cars.

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Anurag Shrivastava, the founder of Didi, enlisted on PM’s policy recommendation team for his work towards women empowerment

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Facebook's VR Oculus business probed by US states

New York, North Carolina and Tennessee were among the states involved in the inquiry. A group of almost 50 states also asked an appeals court on Friday to reinstate their antitrust lawsuit, filed in December 2020, against Facebook.

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