• https://entrackrnews.wordpress.com/2021/09/23/ola-uber-swiggy-zomato-workers-filed-petition-in-supreme-court-for-their-social-security-benefits/

    #ola #uber #swiggy #zomato #businessnews #BusinessStartupNews #Entrackr #entrackrnews #IPOnews #lateststartupnews #startupfundingnews

    A petition has been filed in the Supreme Court today praying for social security benefits for gig employees working for companies such as Ola, Uber, Swiggy and Zomato. It also asks that the court acknowledges that these companies have breached the rights of their gig workers by restricting the manner in which they utilize their platforms.
    https://entrackrnews.wordpress.com/2021/09/23/ola-uber-swiggy-zomato-workers-filed-petition-in-supreme-court-for-their-social-security-benefits/ #ola #uber #swiggy #zomato #businessnews #BusinessStartupNews #Entrackr #entrackrnews #IPOnews #lateststartupnews #startupfundingnews A petition has been filed in the Supreme Court today praying for social security benefits for gig employees working for companies such as Ola, Uber, Swiggy and Zomato. It also asks that the court acknowledges that these companies have breached the rights of their gig workers by restricting the manner in which they utilize their platforms.
    Ola, Uber, Swiggy & Zomato Workers Filed Petition in Supreme Court for Their Social Security Benefits
    Source: Entrackr

    A petition has been filed in the Supreme Court today praying for social security benefits for gig employees working for companies such as Ola, Uber, Swiggy and Zomato. It also asks that the court acknowledges that these companies have breached the rights of their gig workers by restricting the manner in which they utilize their platforms.

    The petition was submitted through the Indian Federation of App-based Transportation Workers, a worker’s union that advocates for the rights of gig-workers working for companies such as Ola, Uber, Swiggy and Zomato as well as other companies.

    The union in the petition claims that they fall within what is known as “unorganised people” in India’s unorganised Worker Social Welfare Security Act 2008 . They are therefore entitled to social security benefits. Since this hasn’t been the case in the past the union feels “exploited”.

    “Denial the social insurance benefits to those referred to as “gig workers” as well as the “platform worker” has led to the exploitation of these workers through forced labor in accordance with Section 23 of our Constitution. The right to live is the ability to earn a living under fair and decent conditions of employment,” the plea said.

    Workers who work as gigs in India have complained for years about their uncertain earnings and a poor base wage and an algorithm is said to force them to travel hundreds of kilometers every day for very little cash. All this with little or none social security benefits, like gig workers around the world.

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    In the year 2000, India enacted the Code on Social Security, 2020 that promises to increase benefits from social security to those who work, but is not yet in place.

    It also said that platforms have total control over how users are able to use their apps, even claiming that the relationship is only supposed to consist between “partners”.

    “The simple fact that employers label their own “aggregators” and have entered into”partnership” agreements, doesn’t negate the reality that there is an official relationship between employer and employee, master and servant as well as worker in the sense of the law,” the petition said.

    The petition has been resolved with the Senior Advocates Indira Jaising as well as Gayatri Sing. The petition was filed by Advocate-on-Record Nupur Kumar.

    Follow Entrackr for all the latest updates on startup news.

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  • https://entrackrnews000.blogspot.com/2021/09/Latest-Startup-IPO-News-Freshworks-and-Pine-Labs.html

    #businessnews #BusinessStartupNews #Entrackr #entrackrnews #IPOnews #lateststartupnews #startupfundingnews #freshworks #pinelabs

    Freshworks Inc. is planning to raise nearly $1 billion through a public listing in the US at a valuation of almost $9 billion, which will make it one of the most valuable software-as-a-service (SaaS) startups from India.
    Pine Labs, a merchant platform company, may go public sooner than anticipated. According to regulatory filings, the company passed a resolution to make its Singapore-based holding company public.
    https://entrackrnews000.blogspot.com/2021/09/Latest-Startup-IPO-News-Freshworks-and-Pine-Labs.html #businessnews #BusinessStartupNews #Entrackr #entrackrnews #IPOnews #lateststartupnews #startupfundingnews #freshworks #pinelabs Freshworks Inc. is planning to raise nearly $1 billion through a public listing in the US at a valuation of almost $9 billion, which will make it one of the most valuable software-as-a-service (SaaS) startups from India. Pine Labs, a merchant platform company, may go public sooner than anticipated. According to regulatory filings, the company passed a resolution to make its Singapore-based holding company public.
    ENTRACKRNEWS000.BLOGSPOT.COM
    Latest Startup IPO News - Freshworks and Pine Labs
    Freshworks Startup Financials Freshworks Inc. is planning to raise nearly $1 billion through a public listing in the US at a valuation of al...
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  • Latest IPO News

    https://entrackrnews000.blogspot.com/2021/09/latest-ipo-news.html

    #businessnews #BusinessStartupNews #Entrackr #entrackrnews #IPOnews #lateststartupnews #PaytmLatestNews #paytmnews #startupfundingnews

    1. Stocks of four IPOs recently listed fall before anchor lock-in expiry
    2. BoAt is planning an IPO and estimates a valuation of almost $1.4 bn
    3. India is looking for foreign institutional investment up to 20% in LIC IPO
    4. Sansera Engineering IPO will open Sept 14
    5. Paytm appoints business heads prior to IPO
    Latest IPO News https://entrackrnews000.blogspot.com/2021/09/latest-ipo-news.html #businessnews #BusinessStartupNews #Entrackr #entrackrnews #IPOnews #lateststartupnews #PaytmLatestNews #paytmnews #startupfundingnews 1. Stocks of four IPOs recently listed fall before anchor lock-in expiry 2. BoAt is planning an IPO and estimates a valuation of almost $1.4 bn 3. India is looking for foreign institutional investment up to 20% in LIC IPO 4. Sansera Engineering IPO will open Sept 14 5. Paytm appoints business heads prior to IPO
    ENTRACKRNEWS000.BLOGSPOT.COM
    Latest IPO News
    Stocks of four IPOs recently listed fall before anchor lock-in expiry Four companies who made their stock market debut last month saw their ...
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  • https://entrackr.com/2021/08/twitter-appoints-ex-bytedance-exec-to-liaison-with-indian-law-enforcement/

    #LIAISON #TWITTER #Bytedance #startupnews #lateststartupnews #fundingnews #startup #latestfundingnews #entrackr #entrackrnews

    Twitter has appointed Shahin Komath, a former Bytedance employee, as its permanent nodal contact person, a key requirement under the new IT Rules which was yet unfulfilled by the company, said two sources directly aware of the development.
    https://entrackr.com/2021/08/twitter-appoints-ex-bytedance-exec-to-liaison-with-indian-law-enforcement/ #LIAISON #TWITTER #Bytedance #startupnews #lateststartupnews #fundingnews #startup #latestfundingnews #entrackr #entrackrnews Twitter has appointed Shahin Komath, a former Bytedance employee, as its permanent nodal contact person, a key requirement under the new IT Rules which was yet unfulfilled by the company, said two sources directly aware of the development.
    ENTRACKR.COM
    Twitter appoints ex Bytedance exec to liaison with Indian law enforcement
    Twitter appoints Shahin Komath, a former Bytedance employee, as its permanent nodal contact person, a key requirement under the new IT Rules
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  • https://entrackr.com/2021/08/in-big-win-for-amazon-sc-rules-against-reliance-future-deal/

    #AMAZON #FUTUREGROUP #RELIANCE #startupnews #lateststartupnews #fundingnews #startup #latestfundingnews #entrackr #entrackrnews

    In a huge win for Amazon and an equally significant setback for Reliance, the Supreme Court on Friday ruled in favour of Amazon’s efforts to halt the Rs 24,713 crore deal between Reliance and the Future Group. The decision adds another chapter to what is promising to become a battle of billionaires that has not been seen before in India’s retail landscape.
    https://entrackr.com/2021/08/in-big-win-for-amazon-sc-rules-against-reliance-future-deal/ #AMAZON #FUTUREGROUP #RELIANCE #startupnews #lateststartupnews #fundingnews #startup #latestfundingnews #entrackr #entrackrnews In a huge win for Amazon and an equally significant setback for Reliance, the Supreme Court on Friday ruled in favour of Amazon’s efforts to halt the Rs 24,713 crore deal between Reliance and the Future Group. The decision adds another chapter to what is promising to become a battle of billionaires that has not been seen before in India’s retail landscape.
    ENTRACKR.COM
    In big win for Amazon, SC rules against Reliance-Future deal
    Supreme Court on Friday ruled in favour of Amazon efforts to halt the Rs 24,713 crore deal between Reliance and the Future Group. 
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  • https://entrackr.com/2021/08/exclusive-byjus-in-talks-to-acquire-vedantu-for-800-mn/

    #startupnews #lateststartupnews #fundingnews #startup #latestfundingnews #entrackr #entrackrnews #byjus #vedantu #byjusnews

    Byju’s has emerged as the most prolific acquirer in the Indian startup ecosystem in the past year. It had already acquired seven companies in 2021 and is in talks to take over another one. According to two Entrackr sources, India’s most valued startup is now in talks with Vedantu for a potential acquisition.
    https://entrackr.com/2021/08/exclusive-byjus-in-talks-to-acquire-vedantu-for-800-mn/ #startupnews #lateststartupnews #fundingnews #startup #latestfundingnews #entrackr #entrackrnews #byjus #vedantu #byjusnews Byju’s has emerged as the most prolific acquirer in the Indian startup ecosystem in the past year. It had already acquired seven companies in 2021 and is in talks to take over another one. According to two Entrackr sources, India’s most valued startup is now in talks with Vedantu for a potential acquisition.
    ENTRACKR.COM
    Exclusive: Byju’s in talks to acquire Vedantu for $800 Mn
    According to two Entrackr sources, India’s most valued startup Byju's is now in talks with Vedantu for a potential acquisition.
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  • #BusinessStartupNews #Entrackr #entrackrnews #facebookmessaenger #lateststartupnews #simsim #youtubeapp #Youtubenews #StartupNews #startupfundingnews

    As of July 2021, the presently expected populace on the earth is 7.9 billion people. Google's Operating system Android for mobile phones, celebrated three billion activations of the Operating system on mobile devices this year, and the range of apps to be had at the Play Store became 2.89 million after a steep rise.
    If you suspect the ones are awesome numbers, Google's YouTube app for Android has crossed such a milestone that will leave you in an awe. The number is 10 billion, that's extra than the complete expected number of humans on the earth.
    Follow us for all the latest startup news and Startup Funding News.
    #BusinessStartupNews #Entrackr #entrackrnews #facebookmessaenger #lateststartupnews #simsim #youtubeapp #Youtubenews #StartupNews #startupfundingnews As of July 2021, the presently expected populace on the earth is 7.9 billion people. Google's Operating system Android for mobile phones, celebrated three billion activations of the Operating system on mobile devices this year, and the range of apps to be had at the Play Store became 2.89 million after a steep rise. If you suspect the ones are awesome numbers, Google's YouTube app for Android has crossed such a milestone that will leave you in an awe. The number is 10 billion, that's extra than the complete expected number of humans on the earth. Follow us for all the latest startup news and Startup Funding News.
    ENTRACKRNEWS000.BLOGSPOT.COM
    YouTube Conquers the 10 Billion Milestone
    As of July 2021, the presently expected populace on the earth is 7. 9 billion people. Google's Operating system Android for mobile phon...
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  • #StartupNews #PlaysimpleNews #business #lateststartupnews #entrepreneurship #businessnews #Entrackr #entrackrnews

    Mobile development Indian startup, PlaySimple’s acquisition with the aid of using the Swedish game development corporation, Modern Times Group (MTG) for a whopping $360 million, last week became the biggest lesson for the Indian startup ecosystem in 2021. And this not just because of the cost it is news for Indian startups for numerous reasons.
    #StartupNews #PlaysimpleNews #business #lateststartupnews #entrepreneurship #businessnews #Entrackr #entrackrnews Mobile development Indian startup, PlaySimple’s acquisition with the aid of using the Swedish game development corporation, Modern Times Group (MTG) for a whopping $360 million, last week became the biggest lesson for the Indian startup ecosystem in 2021. And this not just because of the cost it is news for Indian startups for numerous reasons.
    ENTRACKR.MYSTRIKINGLY.COM
    PlaySimple’s Takeover is a Lesson for the Indian Startup Ecosystem
    Indian Startup News Mobile development Indian startup, PlaySimple’s acquisition with the aid of using the Swedish game development corporation, Modern Times Group (MTG) for a whopp
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  • #business #entrepreneurship #businessnews #Entrackr #entrackrnews #LatestMeeshoNews #lateststartupnews #Meeshonews #startupfundingnews

    After just three months, of its previous funding round, Meesho, who is one of the best rising startups in India, is back at fundraising. This time it’s even bigger and better, with an aim to grab almost double its valuation. The social commerce platform is taking bigger steps now and is talking $100 million now, in a new round from two new and existing investors.
    #business #entrepreneurship #businessnews #Entrackr #entrackrnews #LatestMeeshoNews #lateststartupnews #Meeshonews #startupfundingnews After just three months, of its previous funding round, Meesho, who is one of the best rising startups in India, is back at fundraising. This time it’s even bigger and better, with an aim to grab almost double its valuation. The social commerce platform is taking bigger steps now and is talking $100 million now, in a new round from two new and existing investors.
    ENTRACKRNEWS000.BLOGSPOT.COM
    Meesho Aims To Be Valuated Over $4 Billion
    Latest Meesho News - After just three months, of its previous funding round, Meesho , who is one of the best rising startups in India , is b...
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  • #AMAZON #CCI #FLIPKART #lateststartupnews #techstartupnews #startupnews #startup #news #entrackrnews #entrackr #Startupfinancials #amazonnews #flipkartnews


    Startup financials & Tech Startup News

    The Karnataka High Court on Friday ruled that the antitrust investigation by India’s competition watchdog into Amazon and Flipkart will go on as it dismissed appeals filed by the two companies against a previous order by the court which had allowed the investigation to continue.

    “In the concerned opinion of this court by no stretch of imagination the inquiry can be crushed at this stage,” a division bench of Justices Satish Chandra Sharma and Nataraj Rangaswamy ruled.

    The verdict came after Amazon and Flipkart filed separate appeals last month challenging an earlier order by a single judge bench of the Karnataka High Court which allowed the competition watchdog to continue its antitrust investigation into the two companies.
    #AMAZON #CCI #FLIPKART #lateststartupnews #techstartupnews #startupnews #startup #news #entrackrnews #entrackr #Startupfinancials #amazonnews #flipkartnews Startup financials & Tech Startup News The Karnataka High Court on Friday ruled that the antitrust investigation by India’s competition watchdog into Amazon and Flipkart will go on as it dismissed appeals filed by the two companies against a previous order by the court which had allowed the investigation to continue. “In the concerned opinion of this court by no stretch of imagination the inquiry can be crushed at this stage,” a division bench of Justices Satish Chandra Sharma and Nataraj Rangaswamy ruled. The verdict came after Amazon and Flipkart filed separate appeals last month challenging an earlier order by a single judge bench of the Karnataka High Court which allowed the competition watchdog to continue its antitrust investigation into the two companies.
    ENTRACKR.COM
    Karnataka HC dismisses Amazon, Flipkart appeal against CCI probe
    The Karnataka HC said that the investigation by CCI into Amazon and Flipkart will go on as it dismissed appeals filed by the two companies
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