ByteDance says 'bleeding' due to India bank account freeze, no relief from court
The Hindu
A two-judge bench at the High Court in Mumbai city heard the plea of a ByteDance counsel who said the company was "bleeding"and needed funds to pay staff salaries and rent, but the court gave no relief.
(Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) An Indian court on Wednesday granted no relief to China's ByteDance, owner of the TikTok video app, in a case where the company challenged the local tax authority's decision to block its Indian bank accounts, dealing a blow to its operations. Indian authorities in mid-March blocked ByteDance's bank accounts for alleged tax evasion, prompting the company to ask a court to quash the directive which it feared would hurt its operations, Reuters reported on Wednesday.
‘Pathu Thala,’ even when it tries a lot to add novelty to its Kannada original ‘Mufti,’ has too many issues that do no justice to Silambarasan TR and Gautham Karthik who give it their all
The Supreme Court has junked a plea filed by Lieutenant Colonel Prasad Shrikant Purohit seeking discharge in the 2008 Malegaon blast case. Mr. Purohit and six others, including BJP MP Pragya Singh Thakur, are facing trial in the case. All the accused are currently out on bail.
Talking to reporters outside the Tamil Nadu Legilative Assembly chamber, Edappadi K. Palaniswami said that even during the Erode (East) assembly by-election, his party fought, while maintaining its relationship with the national party. “As of now, the alliance is in place. Towards the next year’s Lok Sabha polls, we will proceed together,” Mr. Palaniswami observed, replying to a query on the reported comment of Union Home Minister Amit Shah on the continuance of tie-up between the two parties.
The construction of a new Assembly complex for Puducherry will commence this year, Chief Minister N. Rangasamy said on Thursday. Winding up the discussion before passing the budget for the next financial year in the Assembly, the Chief Minister said the government was committed to having a new Legislative Assembly for the Union Territory.
Maidaan, starring Ajay Devgn, revisits the golden era of Indian football, the period between 1951 to 1962 when India emerged as one of the strongest teams in Asia
COVID-19 positivity over 10% in New Delhi, but no need to panic; Chief Minister Arvind Kejriwal to chair review meeting on March 31, 2023, says Saurabh Bharadwaj
After the uproar over the insistence on the use of the word “Dahi” prominently as the nomenclature on the curd packet marketed by milk federations in Karnataka and Tamil Nadu, the Food Safety and Standards Authority of India (FSSAI) on Thursday withdrew the order.
Shivamogga Deputy Commissioner Dr. R. Selvamani has said the public can carry cash up to ₹50,000 and those carrying more than that amount will have to furnish relevant documents.
Zhuzhou CRRC Times Electric Company Ltd. has emerged the lowest bidder for installing platform screen doors (PSD) in a section of Chennai Metro Rail’s Phase 2 project. Commuters have better safety when these doors are installed in the platform levels of stations since it will prevent them from crossing tracks.
Microsoft is exploring placing advertisements in its AI-powered Bing chatbot and sharing revenue with partners whose content helped make the chat response possible.
Nearly six years after Puducherry was selected to be developed under the Smart Cities Mission in the country, most of the projects begun under the mission, have seen no progress. Out of 31 projects approved by the Puducherry Smart City Development Ltd Board, only five have been completed so far; the Union Territory will miss the June 2023 completion deadline; government sources say lack of a dedicated team of staff to implement the projects is causing the delays