While Sharma isn't classified as a promoter - Indian parlance for controlling shareholder - he has rights akin to one, including a potential permanent seat on the board, IiAS said in a note Friday. "These provisions and structures give Vijay Shekhar Sharma 'entrenchment' similar to that enjoyed by promoter families in the more traditional companies," IiAS said.
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Twitter further cuts staff overseeing global content moderation
India needs to breach the divide to become a digital economy: President Droupadi Murmu
Ather Energy rolls out upgrade to its EV 2-wheeler software
A new area of AI booms, even amid the tech gloom
The clamor around OpenAI shows that even in the most dismal tech downturn in a generation, Silicon Valley's deal-making machine is still kicking. After a humbling year that included mass layoffs and cuts, tech investors - a naturally optimistic bunch - can't wait to jump on a hot trend.
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US prosecutors launch website for Sam Bankman-Fried's alleged fraud victims
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