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Old VC funds under Sebi scanner; Slice secures PPI licence from RBI

Industry insiders feel Sebi may pull up funds that have breached the end date or taken repeated extensions, probably to fish for better deals and to avoid distress sales.

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Meta takes down spyware network run by Indian company CyberRoot Risk Advisory

During its investigations into threats present across its platforms, Meta said it had discovered that CyberRoot Risk Advisory had a network of more than 40 accounts on Facebook and Instagram, which it used to lure users from across the globe into phishing and to spy on them for its clients.

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Now, Sebi quizzes old VC funds over terms extensions

The Securities & Exchange Board of India had sought similar info from Alternative Investment Funds (AIFs), a fortnight ago.

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Twitter must notify laid-off workers of pending lawsuit, judge rules

U.S. District Judge James Donato in a three-page order on Wednesday said that before asking workers to sign severance agreements waiving their ability to sue the company, Twitter must give them "a succinct and plainly worded notice" of the lawsuit filed last month.

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Professional services firm Genpact looks to grow data, tech and AI services

The typical skills and cohorts where the company is seeing the most pressure include digital technologies, data science, data analytics, specific supply chain services, and some technology services.

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Byju's may exit BCCI jersey sponsorship deal

The company might continue as a sponsor until March 2023. "Byju's wants to walk out of the sponsorship deal with BCCI since it is optimising its media spends in India," a source close to the development said.

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FTX bankruptcy lawyers say they 'do not trust' Bahamas government

Liquidators of FTX's Bahamian business, FTX Digital Markets, had asked US Bankruptcy Judge John Dorsey to give them access to the US unit's Slack, Google and Amazon Web Services accounts and data.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...