Dues

Food-delivery giant Zomato is venturing into the direct-to-consumer (D2C) space with its quick commerce platform Blinkit. Details on this and more in today’s ETtech Morning Dispatch. Also in the letter:■ Snap India MD Pulkit Trivedi interview■ Aroa Venture launches Rs 400 crore fund■ NPCI MD on fintech’s next, big thingZomato plans for Blinkit to deliver more via ecommerce Gurugram-based Zomato is exploring a significant play in the direct-to-consumer (D2C) space through its quick-commerce firm Blinkit and could find…

The Kerala Government installed 726 AI cameras across the state last year as part of the Safe Kerala Project. This 232 crore project aimed to reduce road accidents and traffic rule violations. Since its implementation, AI cameras have been a controversial topic. There are reports suggesting that the AI cameras might soon stop working because the state government has yet to pay dues to the company contracted to install and manage the system. Keltron is responsible for installing and managing this project. The Kerala…

Code.org, the US educational non-profit, has filed a lawsuit in a California district court alleging that Byju’s subsidiary WhiteHat Jr breached a licensing contract by failing to pay fees while continuing to use Code.org’s platform. WhiteHat Jr, which sold to Byju’s for $300 million in 2020, partnered with Code.org last year and agreed to pay $4 million over four years to licence Code.org’s coding education platform. But in the lawsuit filed earlier this month, Code.org claims WhiteHat Jr did…

The Board of Control for Cricket in India (BCCI) has filed a corporate insolvency plea against Byju's for allegedly defaulting on the payment of Rs 158 crore.The case is related to the edtech firm terminating its title sponsorship rights deal.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM LucknowIIML Executive Programme in FinTech, Banking…

The ad hoc committee of the House of Representatives investigating the lease of federal government owned assets has invited the Economic and Financial Crimes Commission (EFCC) to help in the recovery of N6.5 billion unpaid dues from the Lagos Trade Fair. The Committee also summoned the Bureau of Public Procurement (BPP), the Lagos International Trade Complex, Aulic Nigeria Ltd, the Plaza Owners Association and others to appear before in connection with the matter. The Director of Admin and Human Resources of…

Credit: Unsplash/CC0 Public Domain More than a quarter of a million people died of hunger in Somalia in 2011—half of them children younger than five. The situation in Somalia in the coming months could be a great deal worse, despite global commitments to never let the 2011 famine happen again. …

In a big relief for telecom operators, the Department of Telecommunications (DoT) on Monday moved the Supreme Court seeking its approval for a 20-year window for payment of around Rs. 1.47 lakh crores Adjusted Gross Revenue (AGR) dues, as adverse functioning of the telecom firms could have a negative impact on the economy and consumers across the country."All licencees impacted by the judgement (October 2019) of the court be allowed to pay the unpaid or remaining to be paid amount of past DoT assessed dues in annual…

Noida police has just arrested a labourer who set his owner’s Mercedes Benz luxury car on fire. The incident, caught on CCTV, shows the labourer pouring some substance on the parked Mercedes Benz car’s bonnet, following which the car catches fire. The labourer has been identified as Ranveer – a 40-year old from Bihar, who was miffed with the Mercedes Benz owner for not paying his dues. The labourer is said to have installed pipes in the house of the Mercedes Benz owner. While the pipe laying work is said to have cost…

The Supreme Court Wednesday pulled up the Centre and telecom companies for doing self-assessment or reassessment of the Adjusted Gross Revenue (AGR) dues fixed by the apex court in its verdict given on October 24 last year. The court lashed out at mobile phone operators for self-assessing their outstanding telecoms dues, saying it amounted to a violation of court orders.The Supreme Court late last year upheld a demand by India's telecoms department that wireless carriers pay Rs. 92,000 crores in overdue levies and…

Low-cost carrier SpiceJet has entered into a full and final settlement with the Airports Authority of India (AAI) and cleared all outstanding principal dues of the airport operator. With this, SpiceJet will no longer remain on “cash and carry” at AAI-run airports across the country and revert to advance payment mechanism for daily flight operations. According to the airline’s spokesperson, SpiceJet’s ability to clear the pending dues reflects the airline’s improved cash flow in recent times. “In another big boost for the…