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Detailed stories on technology startups, business and economic current affairs.
A circular talking about an upcoming bill to regulate cryptocurrency triggers a panic sell-off and the online gaming platform hits the high notes ahead of a listing in the US.

Akanksha here.
Well, it’s no surprise that the government wants to regulate cryptocurrency. In a Lok Sabha note from earlier this week, there was a mention of a cryptocurrency bill that will be tabled in the winter session of Parliament that starts on Monday.
About two days ago, this circular issued by the government stated that the upcoming bill will look at imposing a ban on all private cryptocurrencies in India. It also, however, touched upon the fact that some exemptions to this will be granted in cases where the cryptocurrencies are used to promote underlying technology and its uses. …
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.