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 its 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. There, he covered the entrepreneurship ecosystem, including startups, 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 its 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. There, he covered the entrepreneurship ecosystem, including startups, 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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Tough test: Staff salaries may again be hit at edtech major Byju's
NCLT has asked Byju's to keep funds via rights issue in escrow account and it cannot be withdrawn till the disposal of the matter, according to the sources
 "Tough test: Staff salaries may again be hit at edtech major Byju's")
NCLT asks Byju's to keep funds via rights issue in escrow account
NCLT has also directed Byju's to consider the extension of the closure date of the rights issue
 "NCLT asks Byju's to keep funds via rights issue in escrow account")
Shadowfax raises $100 million from TPG NewQuest, Flipkart and others
It would use the funds to reinforce its middle-mile network and extend its last-mile delivery services to cover all 20,000 pincodes across India
 "Shadowfax raises $100 million from TPG NewQuest, Flipkart and others")
Edtech major Byju's, investors slug it out in NCLT over rights issue
NCLT has directed the parties to file written submissions of their contentions in three days. It has also issued notice to Ministry of Corporate Affairs (MCA) and Registrar of Companies (ROC)
 "Edtech major Byju's, investors slug it out in NCLT over rights issue")
Diversity in India's ecosystem aids Razorpay's global forays, says CFO
The company has planned expansions into South East Asia and West Asia
 "Diversity in India's ecosystem aids Razorpay's global forays, says CFO")
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
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")