Byju’s Salaries, Govt. On AI, Coca-Cola, Google Play Store, PayTM etc

Vaishali Sharma
March 03, 2024

From Delist to Relist: The Journey Back to Google Play for Indian Apps

Google reinstates Shaadi.com and Info Edge's apps like Naukri and 99acres on Play Store after policy compliance issues.
The reinstatement follows efforts from Info Edge and discussions with Google, highlighted by the praise for crisis management on X (formerly Twitter).
A meeting between Google and India's IT Minister is scheduled to discuss the policy compliance further.
The controversy underscores ongoing debates over Google's app billing policies and their implications for app developers.

Government Implements New Regulation for AI Product Launches

Image source: TimesNow

The Indian government mandates AI platforms to seek permission before launching products.
Union Minister Rajeev Chandrasekhar announced the advisory on March 2, effective immediately.
AI intermediaries are required to comply and report their actions within 15 days.
The directive includes labeling AI-generated content to trace origins and manage misinformation.
The move follows a controversy involving Google's Gemini model's response about Prime Minister Narendra Modi.
The government's action highlights the need for regulatory guardrails in the AI industry.

BYJU'S Salary Standstill: Founder Blames Investor Rift for Pay Woes

Salary Struggle: BYJU'S founder notifies employees of salary payment delay due to inaccessible funds amid investor dispute.
Funds in Limbo: Recent funds from a rights issue are locked in a legal tussle with select investors, preventing salary processing.
Founder's Promise: Despite challenges, Raveendran assures staff of efforts to release salaries by March 10, pending legal clearance.
Investor Ire: Raveendran condemns a minority of investors for blocking funds despite profiting significantly from BYJU'S, highlighting a disregard for employee well-being.
Urgent Resolution Needed: With livelihoods at stake, BYJU'S calls for swift resolution to unlock funds and alleviate employee financial strain.

Coca-Cola's Bottling Arm Pours Rs 350 Cr into Madhya Pradesh Expansion

HCCB announces a Rs 350 crore investment in Madhya Pradesh for two new manufacturing lines at its Rajgarh plant.
This investment boosts HCCB's total investment in the state to over Rs 660 crore.
New manufacturing lines to produce Affordable Small Sparkling Packs and Juice Tetra Packs.
Investment expected to enhance HCCB's manufacturing capabilities and contribute to the state's economy.
Madhya Pradesh government promises full support for timely permissions and clearances.
HCCB's significant presence in India includes 13 factories and a wide range of products across 8 categories.

Ola Leads as Electric Two-Wheeler Sales Surge by 24% in February.
27% Jump in Coal Production in India: A Captive and Commercial Success.
Below 3%: Country Achieves Historic Low in Extreme Poverty.
Ahead of OPEC+ Meeting, Oil Prices Surge by More Than 2%.
Future on Tracks: Over a 1,000 Amrit Bharat Trains Set for Production, Says Vaishnaw.
Prime Minister Launches Oil and Gas Projects Worth Rs 1.62 Lakh Crore.
Bill Gates Endorses Union Health Ministry's BHISHM Portable Hospital Project.