Author: Business Matters Editor

Delhi HC Restrains Rogue Websites From Streaming Cricket WC Matches On Disney+ Hotstar’s Plea The Delhi High Court has passed an ad-interim injunction restraining a number of rogue websites from broadcasting and streaming the upcoming ICC Men’s Cricket World Cup 2023 without authorization. The order was passed on a plea filed by Star India Pvt Ltd and Novi Digital Entertainment Pvt Ltd, which operates the Disney+ Hotstar platform. In its plea, Star India said that it has the exclusive global media rights, including the television and digital rights for various ICC events like the Cricket World Cup, which is scheduled…

In a strategic move, Amazon India has decided to rejig the dates of its annual flagship sale event, “The Great Indian Festival,” to coincide with Flipkart’s major sale event. This decision comes as both e-commerce giants continue to compete fiercely for a larger share of India’s growing online retail market. The Great Indian Festival, which has traditionally taken place in October, will now align its dates with Flipkart’s sale event, creating a shopping extravaganza for Indian consumers. Here are some key points about this development: Increased Competition: The decision to align the sale dates indicates the intense rivalry between Amazon…

In a bid to regulate and streamline the transportation landscape in Bengaluru, the Karnataka Transport Department has recently intensified its efforts to curb illegal carpooling services in the city. This move comes as a response to growing concerns over the unregulated nature of carpooling and its impact on traditional taxi and rideshare services. Carpooling has gained immense popularity in Bengaluru, a city notorious for its traffic congestion and pollution problems. Commuters have increasingly turned to carpooling platforms as a cost-effective and convenient means of transportation. However, this growth has been accompanied by a surge in illegal carpooling services, which often…

PierSight, a startup founded by former Chandrayaan-2 scientists, has recently secured a substantial round of funding to propel its mission of providing advanced ocean surveillance technology. The startup’s innovative approach to monitoring our oceans has caught the attention of investors and promises to revolutionize the way we understand and protect our planet’s marine environments. The brainchild of a team of scientists who previously worked on India’s ambitious lunar mission, Chandrayaan-2, PierSight is on a mission to harness their expertise in remote sensing and data analytics for the betterment of our oceans. The startup combines cutting-edge technology with a deep commitment…

Aptronix to Offer iPhone 15 Series Across All Stores in India In a significant development for iPhone enthusiasts in India, Aptronix, one of the country’s leading premium Apple resellers, has announced that it will be offering the highly anticipated iPhone 15 series across all its stores. This move comes as part of Aptronix’s commitment to providing its customers with the latest and most innovative Apple products. The iPhone 15 series is the latest iteration of Apple’s iconic smartphone lineup, and it promises to deliver a host of new features and enhancements that will undoubtedly appeal to Apple aficionados. Aptronix’s decision…

Title: Embattled BYJU’S To Sack About 4,000 Employees In A Restructuring Exercise BYJU’S, one of India’s leading edtech giants, is reportedly planning a major restructuring exercise that will result in the termination of approximately 4,000 employees. The move comes amid growing challenges faced by the company and the broader education technology sector in India. This article explores the reasons behind BYJU’S restructuring and the potential implications for the company and the education technology industry. The Context BYJU’S, founded in 2011 by Byju Raveendran, has been a prominent player in the Indian edtech sector. The company gained fame for its innovative…

Indian startups, representing a diverse range of industries including fintech, e-commerce, and online trading, have joined forces to emphasize the importance of net neutrality in a letter addressed to the Telecom Regulatory Authority of India (TRAI). This collective effort, which includes prominent companies like Paytm, PhonePe, and Zerodha, underscores the shared commitment to maintaining an open and equal internet landscape that benefits all stakeholders. Net Neutrality: A Crucial Digital Principle Net neutrality is the principle that all internet traffic should be treated equally, without discrimination or preferential treatment by internet service providers (ISPs). It ensures that access to online content…

Kuku FM, a prominent audio content platform based in India, has reported a remarkable surge in its operating revenue for the fiscal year 2022-2023. The company’s financials reveal an astonishing growth of over 800%, with operating revenue reaching a staggering INR 41.8 crores. This surge underscores the platform’s growing popularity and success in the Indian digital audio market. Kuku FM’s Audio Content Platform: Kuku FM is a digital audio platform that offers a wide range of audio content, including audiobooks, podcasts, storytelling, and self-help content in multiple Indian languages. The platform caters to a diverse audience, providing content in Hindi,…

Flipkart, one of India’s leading e-commerce giants, has recently made significant strides in supporting the country’s burgeoning startup ecosystem. Through its accelerator program, Flipkart Ventures has extended its support to five promising early-stage startups, marking a significant development in the Indian startup landscape. The Flipkart Ventures Accelerator Programme is a testament to the company’s commitment to fostering innovation and nurturing new entrepreneurial talent in India. By providing mentorship, resources, and financial backing, Flipkart aims to help these startups grow and succeed in their respective domains. BlueCart: BlueCart is one of the startups chosen by Flipkart Ventures for its accelerator program.…

In the fast-paced world of technology and telecommunications, innovation and customer-centric strategies play a pivotal role in attracting and retaining customers. Reliance Jio, one of India’s leading telecom operators, and Blinkit, an emerging hyperlocal delivery platform, have joined forces to capitalize on the release of the highly anticipated iPhone 15. Their approach involves offering 10-minute delivery and bundled offers, setting new standards for convenience and value in the smartphone market. The iPhone 15 Buzz: Apple’s iPhone releases are always highly anticipated events, drawing the attention of tech enthusiasts and consumers worldwide. The iPhone 15 is no exception, boasting cutting-edge features,…