ED conducts searches at Byju’s over alleged FEMA violations

​​The company runs popular online education portal in the name of Byju’s. During the search & seizure action various incriminating documents and digital data was seized.

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What is Bluesky and why are people clamouring to join it?

Some Twitter users have been looking for an alternative social platform since Elon Musk bought the company last year and then changed the service. Bluesky's users say the app - which was funded by a Twitter founder, Jack Dorsey - has come the closest to mimicking Twitter's tone and feel.

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Recovery notices likely to two EV companies over FAME sops

The probe found the EV two-wheeler firms breached the localisation programme they had committed to, said the people. The recovery notices will seek to claw back the subsidy amount disbursed under the FAME II scheme. Hero Electric and Okinawa denied they had violated FAME II provisions.

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Fintech sector grapples with heightened scrutiny, and other top stories this week

As things stand, it is no wonder that fintechs have been shopping around to acquire an NBFC licence. Cred acquired Parfait Finance in November 2021 and BharatPe acquired Trillionloans, a Mumbai-based NBFC, in March.

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Over 90% of Wipro’s freshers chose lower salary option: CFO Jatin Dalal

In February, Pune-based labour union Nascent Information Technology Employees Senate (NITES) had filed a complaint against the company with the central labour ministry alleging "unethical reduction" in salary offers of more than 4,000 candidates.

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Lyft to lay off more than 1,000 employees in cost-cut push

Risher, who took over earlier this month, had recently said the company will "significantly" cut jobs, without providing the number of jobs that would be affected.

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Pinterest's ad woes hurt revenue growth, shares slump

While Pinterest said that the ad market was stabilizing, it warned the market was still uncertain.

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