Mumbai-based investment fund A91 Partners is in discussions to finance the primary part, three people said. The deal is currently in the due diligence stage, they added on condition of anonymity as the talks are private.
“Tata Consultancy Services mourns the untimely demise of our former chairman, Shri Cyrus Mistry,” said a TCS statement.
The statement comes after the ED searched half a dozen offices belonging to online payment gateways such as Razorpay, Paytm and Cashfree in Bengaluru in connection with its probe into the Chinese loan app scam. The searches were made under provisions of the Prevention of Money Laundering Act (PMLA), the agency said in a statement on Saturday.
With the vexed issue now in the spotlight, some industry watchers expect employers to consider extra safeguards to protect proprietary information and operating models, especially where employees are working remotely. Companies, analysts say, could also turn tougher on exclusivity clauses in employment contracts.
"These celebs will be seen in a brand new, quirky avatar, each of them donning the role of sellers in different categories and representing the regions they respectively belong to - building local relevance with customers across Bharat," Meesho said.
A Bengaluru university has been working on a project to enable citizens to get foundational IDs to avail of various services from their respective governments.
Swiggy also clarified that such requests are not considered as the assignment of delivery workers is fully automated.