Edtech firms work to get communication right with the ASCI

The Indian Edtech Consortium has held multiple conversations with Advertising Standards Council of India to finalise its code for advertising and how edtech products are being marketed.

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Future Retail’s independent directors to turn down Amazon’s request for expedited due diligence

Ravindra Dhariwal, one of Future Retail’s three independent directors, described Amazon’s offer as a “smokescreen”, and said it was untenable as “all the diligence has been done to death—by Reliance Retail—and by the banks…”.

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Good Glamm Group buys majority stake in Organic Harvest in all-cash deal

The deal, which is Good Glamm’s seventh acquisition in the past 12 months, pegs Organic Harvest’s enterprise valuation at Rs 275-280 crore. The D2C firm will invest Rs 75 crore as primary capital in the organic beauty and personal care brand.

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TCS aims to grow in high double digits in Canada as demand for digitisation rises

TCS Canada, which had a turnover of Rs 6,268 crore in FY21, has been growing at triple the rate of overall IT services spends in Canada over the past few years.

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Will continue to see large global markets open more offshoring opportunities: Infosys

The Bengaluru-based company says its portfolio of services and capabilities, especially on cloud and digital, are resonating well with clients and it sees a good pipeline for that.

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Delivery race among Indian grocery startups brings road safety risks

All the 13 drivers for Blinkit and Zepto whom Reuters spoke with in Mumbai, New Delhi and Gurugram said they faced pressure to meet delivery deadlines, which often led to speeding, for fear of being rebuked by store managers.

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Crypto crash gives investors jitters

Bitcoin was trading at $35,572, while other major altcoins were also down by double digits, at 5 pm, Saturday, on Coinbase.

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