Peerzada Abrar
 "Peerzada Abrar")
Peerzada Abrar
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business and society, and their impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019 after having worked at The Economic Times and The Hindu, where he covered the entrepreneurship ecosystem, start-ups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business and society, and their impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019 after having worked at The Economic Times and The Hindu, where he covered the entrepreneurship ecosystem, start-ups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
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Food delivery company Swiggy changes registered name ahead of IPO
Swiggy is planning to file its draft red herring prospectus with the Securities and Exchange Board of India for its IPO in the next couple of days, aiming for an $11 billion IPO valuation target
 "Food delivery company Swiggy changes registered name ahead of IPO")
Edtech major Byju's faces long legal battle as CEO digs in heels: Experts
This may also negatively impact the edtech giant's operations and market reputation, according to industry sources and legal experts
 "Edtech major Byju's faces long legal battle as CEO digs in heels: Experts")
Will continue as CEO of Byju's, EGM a farce: Raveendran tells employees
Raveendran also told employees that he is not taking any of the investor allegations lying down and will challenge these illegal and prejudicial actions, according to a letter sent to the staff
 "Will continue as CEO of Byju's, EGM a farce: Raveendran tells employees")
Byju's EGM: Investors vote to remove CEO Byju Raveendran from board
Company calls resolutions at EGM 'invalid'; shareholders move NCLT
 "Byju's EGM: Investors vote to remove CEO Byju Raveendran from board")
Uber CEO Dara Khosrowshahi takes a bus ride during his India visit
Khosrowshahi explored the Uber Shuttle in Bengaluru along with members of the Uber Tech team that is building the product for India and the world
 "Uber CEO Dara Khosrowshahi takes a bus ride during his India visit")
Byju's founder, his family won't attend EGM called by investors on Feb 23
The current board of Byju's parent, Think and Learn, including Raveendran, his wife and Byju's co-founder Divya Gokulnath, and his brother Riju Ravindran will also not attend the EGM
 "Byju's founder, his family won't attend EGM called by investors on Feb 23")
India one of the toughest markets for Uber: CEO Dara Khosrowshahi
'Expectation of consumers for more services with lower spend a challenge'
 "India one of the toughest markets for Uber: CEO Dara Khosrowshahi")
K'taka HC grants relief to Byju's; calls resolutions passed in EGM invalid
The edtech firm said this development marks a significant victory for edtech firm, with court recognizing urgent need to protect the company's interests and uphold the principles established by law
 "K'taka HC grants relief to Byju's; calls resolutions passed in EGM invalid")
Committed to restructuring board: Raveendran tells Byju's shareholders
To increase shareholder representation, the CEO of the embattled edtech firm committed to restructuring the Board and appointing two non-executive directors
Myntra names Venu Nair as chief of strategic partnerships and omnichannel
Nair joins Myntra's senior leadership team where he will be responsible for strengthening the online fashion retailer's existing international brands portfolio
 "Myntra names Venu Nair as chief of strategic partnerships and omnichannel")
About 45% of demand for global brands come from non-metros: Myntra's CPTO
AI and personalised shopping drive Myntra's expansion into new regions
 "About 45% of demand for global brands come from non-metros: Myntra's CPTO")
Look forward to seeing our leaders steer us to new heights: Flipkart CEO
Krishnamurthy said that Flipkart's growth in the past decade would have been impossible without their contribution
 "Look forward to seeing our leaders steer us to new heights: Flipkart CEO")
Walmart's International Q4 sales growth driven by Flipkart, Mexico, China
Walmart International comprises the retail giant's operations outside the US, including retail websites
 "Walmart's International Q4 sales growth driven by Flipkart, Mexico, China")
EV startup Vidyut raises $10 million, aims to expand to 40 cities
Vidyut to deploy new funds to scale its new offerings include EV insurance, lifecycle management, and EV resale
 "EV startup Vidyut raises $10 million, aims to expand to 40 cities")
Tata CLiQ to have a bigger pre-owned luxury basket: CEO Gopal Asthana
In addition, with the growing influence of Western fashion trends and the rise of disposable income, consumers are looking at buying exclusive pieces easily available
 "Tata CLiQ to have a bigger pre-owned luxury basket: CEO Gopal Asthana")
Competitors Google Pay, PhonePe and BHIM go all out for Paytm user base
Players such as Google Pay, PhonePe, and even banks like HDFC and State Bank of India (SBI) are said to be deploying several thousand 'feet on the street' or salesforce to attract merchants
 "Competitors Google Pay, PhonePe and BHIM go all out for Paytm user base")
Ola Electric slashes prices of three S1 models by up to Rs 25,000
Besides Ola Electric, several EV players such as Ather, Okaya, and Bajaj have slashed the prices of their products to make electric vehicles more affordable and accelerate their adoption in India
 "Ola Electric slashes prices of three S1 models by up to Rs 25,000")
Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr
Ather competes with players such as Ola Electric, Bajaj, Ampere, Hero MotoCorp, and TVS Motor Company. It has been making efforts to achieve profitability as it prepares for the IPO
 "Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr")
IAMAI bats for dynamic pricing, opposes Karnataka govt's flat cab rates
In IAMAI's view, the notification overlooks the demarcation between city taxis used for street ride-hailing and app-based operators
 "IAMAI bats for dynamic pricing, opposes Karnataka govt's flat cab rates")
Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr
The food delivery giant has been intensifying efforts to achieve profitability as it prepares for the IPO
 "Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr")