ED Raids Promoters of Kolkata-Based Mobile Gaming App, Seizes Over Rs. 7 Crore in Cash

ED Raids Promoters of Kolkata-Based Mobile Gaming App, Seizes Over Rs. 7 Crore in Cash

The Enforcement Directorate (ED) raided the promoters of a Kolkata-based mobile gaming app company on Saturday. According to the government agency, the officials have recovered cash over Rs. 7 crore during the raid, which was a part of a money-laundering investigation. The gaming app titled E-Nuggets and its promoter, identified…

ONDC to Be Open to Public Soon to Counter Amazon, Walmart’s Dominance: ONDC Exec

ONDC to Be Open to Public Soon to Counter Amazon, Walmart’s Dominance: ONDC Exec

The Open Network for Digital Commerce (ONDC) — India’s e-commerce network to end the dominance of US companies Amazon and Walmart — will be soon open to the public, said an official, as per a report. The pilot phase for India’s domestic digital commerce initiative began in April. In cities…

CoinDCX Launches DeFi Mobile App ‘Okto’ Aimed at Widespread Expansion of Web3 in India

CoinDCX Launches DeFi Mobile App ‘Okto’ Aimed at Widespread Expansion of Web3 in India

Crypto exchange CoinDCX launched ‘Okto’, a decentralised finance (DeFi) app to open the Web3 sector for a widespread adoption in India, on Friday, August 26. The company is aiming to help members of the Indian crypto community to dive deeper into the DeFi space. As per Investopedia, DeFi is an…

Match Reportedly Files Antitrust Case Against Apple in India Over In-App Purchases

Match Reportedly Files Antitrust Case Against Apple in India Over In-App Purchases

Match, the owner of popular dating app Tinder, has reportedly filed an antitrust case against Apple in India. In the latest challenge to the iPhone maker’s commision charged on in-app purchases, Match has accused Apple of monopolistic conduct due to its 30 percent commission, according to a report. It has…

India Has Around 115 Million Crypto Investors, Number May Rise Post Legal Clarity: KuCoin

India Has Around 115 Million Crypto Investors, Number May Rise Post Legal Clarity: KuCoin

Indian government’s restrictive approach towards the crypto sector has hindered, but not been able to entirely fail its expansion in the tech-friendly sub-continent. In a new report, KuCoin crypto exchange has claimed that India currently has over 115 million crypto investors, making for 15 percent of its massive population. Majority…

Byju’s Said to Owe Over Rs. 80 Crore to BCCI, Paytm Wants to Exit as Title Sponsor

Byju’s Said to Owe Over Rs. 80 Crore to BCCI, Paytm Wants to Exit as Title Sponsor

Indian cricket team’s jersey sponsor Byju’s allegedly owes Rs. 86.21 crore as dues to the BCCI while title sponsor Paytm has requested the board to transfer its rights to a third party. It was only in April that the Edtech company and the BCCI had agreed on the extension of…

Google India Continues to Engage With Policymakers on Data Protection Legalisation, Assures Company Executive

Google India Continues to Engage With Policymakers on Data Protection Legalisation, Assures Company Executive

Tech titan Google on Thursday advocated free flow of information for global internet and digital economy, while cautioning against creation of “damaging or harmful impediments” on cross-border data transfers. Google’s Global Chief Privacy Officer, Keith Enright said internet, by its very nature and functionality, reflects the ability to move data…

Government Blocked 94 YouTube Channels, 19 Social Media Accounts in 2021-22 for Spreading Fake News

Government Blocked 94 YouTube Channels, 19 Social Media Accounts in 2021-22 for Spreading Fake News

Information and Broadcasting Minister Anurag Thakur on Thursday said that the government blocked 94 YouTube channels, 19 social media accounts and 747 uniform resource locators (URLs) during 2021-22 for spreading fake news. Responding to a question in Rajya Sabha, Minister Thakur said that these actions have been taken under Section…