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Unacademy co-founder and test-prep business CEO Sumit Jain to step down ahead of UpGrad merger: report

Sumit Jain, the chief executive officer (CEO) of Bengaluru-based Unacademy’s test-preparation business, is stepping down from his full-time operating role, Moneycontrol reported. Sumit Jain is also one of the co-founders of the company This move comes ahead of the company’s proposed merger with upGrad. Moneycontrol cited an internal memo sent by Unacademy cofounder and chief … Read more

Apple accuses India competition watchdog of overreach in iPhone apps antitrust case, faces potential 38 billion dollar penalty as Delhi High Court intervention sought

Apple has accused India’s competition body of exceeding its powers by pushing the US tech company to submit its financials in an antitrust case related to the iPhone apps market, while Apple challenges the law governing penalties, documents show. An April 24 non-public Indian court submission by Apple, reviewed by Reuters on Thursday, is the … Read more

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