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Paytm founder may not be eligible for Esops: Proxy firm

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

Twitter laid off roughly 3,700 employees in early November in a cost-cutting measure by Musk, and hundreds more subsequently resigned.

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India needs to breach the divide to become a digital economy: President Droupadi Murmu

President Murmu said the country had pioneered the innovation of digital products that promoted inclusion with the objective of providing the citizens affordable access to digital services.

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Ather Energy rolls out upgrade to its EV 2-wheeler software

Homegrown electric vehicle company Ather Energy on Saturday announced that it has rolled out 'AtherStack 5.0', the biggest upgrade to its software engine which drives the vehicle.

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Jack Ma to give up control of Chinese fintech giant Ant Group



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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

FTX could owe money to more than 1 million people, making it "impracticable" to contact each, the papers said.

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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...