Softbank backed Ola Electric’s $740 mn IPO likely in August

Ola had awarded its media duties to Publicis Groupe-owned Starcom in 2018 after a competitive multi-agency pitch.

The proposed IPO, the first by an Indian EV two-wheeler, would be a watershed moment for the domestic auto industry, encouraging rivals such as Ather Energy to examine value unlocking schemes.

adidas vs ADIDAS: Delhi HC awards over Rs 14 lakh in damages for trademark infringement

In response to the lawsuit, M&M issued a statement expressing its intent to find an amicable resolution, as per reports.

The court of Justice Sanjeev Narula also fined Adidas Rs 14.22 lakh in damages, which includes Rs 3 lakh in nominal damages and Rs 11.22 lakh in costs incurred by Adidas in pursuing the trademark infringement case over the previous 13 years.

Google to keep third-party cookies in its Chrome browser

This is one of three significant fines levied on the company in the past decade. (Representative Image: charlesdeluvio via Unsplash)(Representative Image: charlesdeluvio via Unsplash)

The major reversal follows concerns from advertisers – the company’s biggest source of income – saying the loss of cookies in the world’s most popular browser will limit their ability to collect information for personalizing ads, making them dependent on Google’s user databases, as per reports.

Rihanna’s Fenty Beauty partners with Paris Olympics and Paralympics

The pop star turned serial entrepreneur revealed that her Fenty Beauty imprint will partner with the international sporting events to equip volunteers with makeup kits.

Rihanna said, “tried to tell yall….we outside all 2024!!! PROUD to announce that @FentyBeauty is a premium partner of the Olympic AND Paralympic Games baby!!! #FentyxParis2024” alongside a picture of the popstar herself with a mega-size lip gloss tube captured in front of the Eiffel Tower.

Now you can file Income Tax Returns via WhatsApp

Archit Gupta, founder, CEO, ClearTax says "Our WhatsApp solution addresses a critical gap in tax compliance that has long plagued India's workforce. By bringing this service to WhatsApp, we are meeting people where they are, eliminating technological barriers, and ensuring that millions of hardworking Indians can claim their rightful refunds with just a few taps on their phones. This isn't just about convenience – it's about financial justice and inclusion." (Image sourced from Moneycontrol)

For ClearTax, achieving the perfect balance between lighthearted and serious hasn’t been a cakewalk especially while dealing with sensitive financial data.

Nazara Technologies faces a potential tax bill of Rs 1,120 crore

Nazara is aiming to identify opportunities within the gaming, esports and adtech arenas internationally particularly with a focus on established gaming IP’s/studios, those advancing in technologies like web3, Virtual Reality, and AI.

The notices, issued on July 16, allege GST liabilities of ₹845.72 crore and ₹274.21 crore respectively, for the period 2017-18 to 2022-23.