India’s ‘buoyant’ startup culture shut out of global SPAC hunt

Companies in India remain almost completely locked out of being acquired by special-purpose acquisition companies nearly a year after India’s finance

Comments

Post a Comment

Popular posts from this blog

MUDA scam: Karnataka Lokayukta seeks more time to submit final report

Image
Bengaluru : The Karnataka Lokayukta, which is probing the Mysuru Urban Development Authority (MUDA) land scam matter in which Chief Minister Siddaramaiah was named as one of the accused, has sought more time from the court to submit the final report. Considering the plea, Judge Santhosh Gajanan Bhat of the Special Court for MLAs/MPs in Bengaluru has posted the matter for hearing on February 24. The counsel representing the prosecution submitted that Lokayukta ADGP A. Subramanyeshwara Rao is reviewing the report and requested additional time for submission due to technical reasons. Mysuru Lokayukta SP T.J. Udesh had submitted the MUDA scam report to Lokayukta ADGP Subramanyeshwara Rao on February 13, following the directions of the High Court bench headed by Justice M. Nagaprasanna. According to sources, the final report on the MUDA scam consists of 550 pages across five volumes. The legal cell of the Lokayukta will examine the report and decide whether to file a charge sheet or su...
Read more

Maha-Karnataka language row: Family to withdraw POCSO case against conductor

Image
Bengaluru: As the situation continued to be tense in the border areas of Karnataka and Maharashtra following the attack on the RTC bus conductor in Belagavi for allegedly not responding in Marathi, the family of the minor girl involved in the case on Tuesday announced that they have decided to withdraw the POCSO case. The mother of the girl has also appealed to the people of Karnataka and Maharashtra states not to blow the incident out of proportion. The mother in the video stated, “The incident had taken place when my son and daughter went to the hospital after getting a ticket. The conductor had used bad language. We love the Kannada language and speak Marathi at home.” “We are concerned and saddened that the issue has snowballed into a crisis situation between two states and an issue of tussle over language. We apologise if we have made any mistake. Those who are involved in the assault have been jailed. The matter should end here. It was a scuffle over the ticket. We are withd...
Read more

SIT files charge sheet against JD(S) MLA Revanna, former MP Prajwal

Image
Bengaluru: The Special Investigation Team (SIT) of the Criminal Investigation Department has filed a charge sheet against former MP Prajwal Revanna for rape and his father and MLA H D Revanna for sexual harassment. The SIT, which is probing four cases against Prajwal, said the over 2,000-page charge sheet comprises the statements of about 150 witnesses. The charge sheet, submitted in a special court for public representatives, pertains to one of the cases involving alleged sexual assault on a domestic help of the family. The charge sheet contains spot inspection, biological, physical, scientific, mobile, digital and other relevant evidences which were gathered. Further, expert opinion was taken before filing the charge sheet, the SIT said. While the MLA Revanna, who is son of former Prime Minister and JD(S) supremo H D Deve Gowda, has been charged with section 354 and 354 (A) of the IPC, his 33-year-old son Prajwal has been booked under sections 376, 376 (2)(K), 354, 354(A) and ...
Read more