Author: Srishti Singh

  • Is Tesla going to set up base in India?

    Is Tesla going to set up base in India?

    Will Tesla finally be setting up its manufacturing plant in India?  In a change of approach, Elon Musk’s Tesla is now considering manufacturing in India, this time even suggesting establishing a factory in the country to make electric cars for export as well as domestic sales. It is no longer pressing with its earlier demand…

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  • Microsoft wins EU antitrust approval for Activision deal vetoed by UK

    Microsoft wins EU antitrust approval for Activision deal vetoed by UK

    Microsoft Corp won EU antitrust approval for its $69 billion acquisition of Activision, in a significant boost that could prompt Chinese and South Korean regulators to follow suit despite a British veto of the deal. The U.S. software giant still faces a battle to clinch the world’s biggest gaming industry takeover, however. It has until…

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  • SC rules that the Delhi Government has control over the bureaucracy

    SC rules that the Delhi Government has control over the bureaucracy

    In a dispute between the Centre and the Delhi government, the Supreme Court held on Thursday, 11 May, that the Delhi government has control over the bureaucracy in the National Capital Territory (NCT) of Delhi. A democratically elected government needs to have control over its administration, the Supreme Court said while ruling that the Delhi government has legislative…

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  • All about Google and Sonos’ trial over Smart Speaker Patent fight

    All about Google and Sonos’ trial over Smart Speaker Patent fight

    Sonos Inc and Alphabet’s Google LLC will face off in a San Francisco federal trial on Monday over claims that Google copied Sonos’ patented smart-speaker technology in wireless audio devices like Google Home and Chromecast Audio. The case is part of a sprawling intellectual property dispute between the former business partners that includes other lawsuits…

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  • How a Crypto Investor ended up paying tax of Rs.3 , instead of Rs. 95 Lakhs? 

    How a Crypto Investor ended up paying tax of Rs.3 , instead of Rs. 95 Lakhs? 

    In India, the rules and regulations concerning Crypto are often fuzzy, as a crypto reporter and trader Naimish Sanghvi found out the hard way.  Sanghvi claimed to have received an income tax notice that ordered him to cough up 9.5 million Indian Rupees he allegedly owned after crypto trading.  However, a further dive into the…

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  • Foxconn pulls out of India Chip semiconductor JV with Vedanta

    Foxconn pulls out of India Chip semiconductor JV with Vedanta

    Taiwan’s Foxconn said on Monday it has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, in a setback to Prime Minister Narendra Modi’s chipmaking plans for India. Foxconn, the world’s largest contract electronics maker, and Vedanta signed a pact last year to set up semiconductor and display production plants in…

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  • France Eyeing Antitrust Action Against Apple

    France Eyeing Antitrust Action Against Apple

    The French Competition Authority could be set to launch an antitrust investigation into Apple over a move in 2021 to amend app tracking policies, which led to alleged illegal anticompetitive behaviour, Axios reported. The mooted investigation, the first launched over Apple’s app tracking policy shake-up, could see the authority issuing a formal statement of objections in the…

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  • Indian startups call for antitrust probe of Google in-app billing fee

    Indian startups call for antitrust probe of Google in-app billing fee

    Several Indian start-ups preparing to appeal against Google’s revised policies of service fee on in-app purchases and subscriptions. This comes after the National Company Law Appellate Tribunal (NCLAT) granted partial relief to the tech giant, reversing four of the 10 key non-monetary directives that would have forced Google to allow uninstalling of its pre-installed apps…

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  • ChatGPT may face its first ever Defamation Lawsuit

    ChatGPT may face its first ever Defamation Lawsuit

    For the first time, OpenAI  may face a lawsuit over ChatGPT-generated defamation. Recently an Australian mayor named Brian Hood filed the lawsuit over the fact that ChatGPT wrongfully identified him as a guilty party in a “foreign bribery scandal involving a subsidiary of the Reserve Bank of Australia in the early 2000s,” apparently claiming that Hood…

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  • NFT Platform Rario accused of tax violations

    NFT Platform Rario accused of tax violations

    The Consumer Online Foundation has written to Finance Minister Nirmala Sitharaman to investigate the business activities of company Rario and its compliance with Indian taxation laws with respect to virtual digital assets and crypto currency and anti-money-laundering (AML) laws. About Rario:  Rario refers to itself as the world’s first and largest licensed digital cricket collectible…

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