The Tamil Nadu Government, released an official act to ban all online gambling games on October 3, Monday. Every game of chance operating within the regulations of the state will be abolished. The ban particularly mentions online poker and rummy games. The Tamil Nadu Government revealed this in an official gazette. On 26th September, Tamil…
In what would be one of the country’s largest antitrust punishments ever, South Korea’s competition watchdog aims to fine Google at least 207.4 billion won ($177 million) for allegedly preventing smartphone makers like Samsung from adopting other operating systems. South Korea began enforcing a revamped telecommunications law on Tuesday, prohibiting app market providers such as…
Maruti Suzuki India (MSI), the country’s largest carmaker, announced on Monday that it has increased prices across the board, save for the Celerio, by up to 1.9 percent with immediate effect. The company stated in a regulatory filing that it has decided to raise pricing due to an increase in various input costs. It went…
According to reports, Bharat Sanchar Nigam Limited is terminating all of its prepaid internet services across all telecom circles. Prepaid broadband is only available in the DSL (Digital Subscriber Line) segment, and subscribers get unlimited high-speed broadband Internet access without having to pay a monthly fee. According to reports, due to the tiny number of…
According to a Nasscom-PGA Labs study, Indian companies earned $6.5 billion in investment in the April-June 2021 quarter, with 11 of them joining the coveted unicorn club. There were 160 financing agreements concluded in the second quarter, up 2% from the January-March period. “Q2 2021 has been impeccable for the start-up growth story. From being…
The government has called Infosys CEO Salil Parekh to see Finance Minister Nirmala Sitharaman on Monday, according to the ministry of finance. The income tax department’s official Twitter account stated that Parekh had been called to explain to Sitharaman the ongoing issues with the IT giant’s e-filing system. Since Saturday, the I.T. department has stated…
According to ET, a US court has asked Cairn Energy to respond to the Indian government’s request to dismiss the UK firm’s original lawsuit for implementation of the $1.2 billion arbitration decision. In February, Cairn sought confirmation from the District of Columbia court of an arbitration judgement it had won against India in a retrospective…
Microsoft has announced that Windows 11 will be available for free to eligible PCs on October 5th. The tech behemoth also revealed the new features that will be included in the Windows 11 release. Windows 11 is now in beta and only individuals who have signed up for the Windows Insider programme get access to…
Here are the significant regulation changes that will take effect on September 1st, ranging from the extension of the deadline for mandatory Aadhaar-PAN linking to Aadhaar-PF linkage. Linking of PAN with Aadhaar The deadline for citizens to link their Permanent Account Number (PAN) with Aadhaar has been extended until September 30 by the government. Originally,…
MapMyIndia, the business that powers Apple Maps, has filed preliminary documents with the capital market regulator Sebi to acquire funds through an initial public offering (IPO). According to the draught red herring prospectus, the initial public offering (IPO) is fully an offer for sale of up to 75,47,959 equity shares by current shareholders and a…
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