Case Against TVF Founder Arunabh Kumar To Be Closed As No Victim Has Come Forward

Case Against TVF Founder Arunabh Kumar To Be Closed As No Victim Has Come Forward

TVF founder Arunabh Kumar can finally breathe easy. No victim of his supposed sexual harassment has come forward before the Mumbai police, which means that the police will now soon close the case registered against him. Lawyer Rizwan Siddiqui had urged the police to file a third-person FIR against Kumar 10 days ago, and had asked the victims to come forward and recount their experiences. With nobody approaching the Mumbai Police, the probe will soon be closed. This…

Stayzilla CEO Yogendra Vasupal’s Bail Petition Dismissed Again, Police Now On Lookout For Cofounder

Stayzilla CEO Yogendra Vasupal’s Bail Petition Dismissed Again, Police Now On Lookout For Cofounder

Things aren’t working out for jailed Stayzilla CEO Yogendra Vasupal. The courts have again quashed his bail petition, meaning that the entrepreneur will continue to remain in prison. Vasupal, who had been arrested two weeks ago on charges of fraud and not paying dues to his vendors, has now now been sent back to Puzhal jail. The police are now on the lookout for Vasupal’s cofounder Sachit Singhi. Last week, a Special Metropolitan Magistrate court had dismissed his…

Uber’s Self Driving Car Crashes; Company Suspends Program In Arizona

Uber’s Self Driving Car Crashes; Company Suspends Program In Arizona

Uber’s ambitious self-driving program has hit a bit of a speed bump. One of the company’s self driving cars crashed in somewhat spectacular fashion in Tempe, Arizona. The car was photographed lying on its side by onlookers. #UPDATE: No injuries yet reported in an accident involving a self-driving #uber, captured by @fresconews user Mark Beach in Tempe, AZ. pic.twitter.com/kmizvRD5WP — Fresco News (@fresconews) March 25, 2017 There are no details yet on how the incident took…

Google’s Iconic Google Talk Messenger To Be Retired For Good

Google’s Iconic Google Talk Messenger To Be Retired For Good

Messengers from the early days of the internet are falling like nine pins. A year after Yahoo had announced that it was shutting down Yahoo Messenger, Google has said that it’s retiring its iconic chat messenger Google Talk. Over the last few years, Google has been gently nudging its users away from GTalk, replacing it with its Hangouts messenger in both GMail, and taking its app off the Play Store. But over the next few days,…

HDFC Bank Remains Defiant, Says Its Opt-In Schemes Comply With All Regulations

HDFC Bank Remains Defiant, Says Its Opt-In Schemes Comply With All Regulations

It’ll take more than an online Satyagraha to get HDFC Bank to realize that customers aren’t happy with its opt-in schemes. A day after there was widespread online condemnation of its policies which signed up to paid schemes by default, and provided users with only small links at the bottom of emails in case they wanted to opt out, HDFC has defended its stand. “The Bank has been fair and transparent with respect to this programme management…

Elon Musk Reveals How The Latest Tesla Model Came To Be Called Tesla 3

Elon Musk Reveals How The Latest Tesla Model Came To Be Called Tesla 3

Consumer companies usually spend time and effort in coming up with their product names. There are brainstorming sessions, focus groups, and legions of consultants who determine which names will appeal to which target demographic. But Tesla, the world’s biggest electric carmaker, seems to employ a decidedly unconventional method of naming its prize products. Tesla has two variants of its electric cars – the Model S and the Model X. When Tesla was coming up with a…

Indian-Origin Woman CEO Accused Of Sexually Harassing Employees At US Startup

Indian-Origin Woman CEO Accused Of Sexually Harassing Employees At US Startup

There’s been a spate of sexual harassment charges at startups over the past few weeks. Uber has been accused of systemic discrimination against its women employees, while closer home, TVF CEO Arunabh Kumar has had multiple women question his conduct at work. One thing that’s common to these allegations – and most sexual harassment charges in the corporate realm – is that the perpetrators are usually men. That’s not the case with the sexual harassment…

Freecharge Pulls Out Of IPL Contract Following Cash Crunch

Freecharge Pulls Out Of IPL Contract Following Cash Crunch

Snapdeal’s recent troubles have spilled over to its wallet company, Freecharge. Freecharge has pulled out of its IPL contract 12 days before the tournament is to begin. Freecharge had signed a Rs. 100 crore contract with the BCCI  in 2015, which was to give it on-ground sponsorship rights for two years. But Freecharge won’t be associated with the IPL this year following a cash crunch at its parent company.    Snapdeal has had a difficult few months,…

Stayzilla CEO Yogendra Vasupal Denied Bail, Will Continue To Remain In Chennai Prison

Stayzilla CEO Yogendra Vasupal Denied Bail, Will Continue To Remain In Chennai Prison

Stayzilla CEO Yogendra Vasupal’s bail petition has been dismissed by a Special Metropolitan Magistrate court. Vasupal had been arrested 9 days ago on charges of cheating Jigsaw Solutions, an online advertising agency which claimed that Stayzilla owed it Rs. 1.5 crore. Vasupal had earlier announced that he was rebooting Stayzilla after failing to compete effectively with bigger players in the market.  “Since a police custody application is pending, bail cannot be given at this moment,” judge MM…

Several Paytm Employees Turn Crorepatis Over Last Few Weeks Through Sales Of Company Stock

Several Paytm Employees Turn Crorepatis Over Last Few Weeks Through Sales Of Company Stock

Paytm had benefited from the government’s demonetization move last year – and its employees are now cashing in. About 47 employees have sold Paytm shares worth Rs. 100 crore over the last few weeks, the Economic Times reported. This averages out to over Rs. 2 crore per employee. Paytm was last valued at $4.8 billion (Rs. 31,200 crore) during its fundraise in 2016. Paytm has had an ESOP program for seven years, and 500 of its 4,000…

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