Violating Supreme Court’s order of stating that ‘Aadhaar’ can be used voluntarily for a few social welfare schemes’, Modi government made it mandatory for budding entrepreneurs to submit their Aadhaar number in order to register their business.
Let’s have a look at the important developments of the week:
Companies Are Delaying IPOs As Private Investors Are Giving Better Value To Their Business Says K Ganesh, GrowthStory
Speaking to Inc42 in an exclusive conversation, Ganesh said that he is building 9 ventures altogether that are not just another startup, but are well executed and well funded ventures, under the umbrella of GrowthStory.
Uber’s Bangalore Office Vandalized By Drivers
Protesting against reduction of incentives by Uber, around 600 Uber drivers pelted stones and vandalised Uber’s HSR office in Bangalore.
Mahindra Launches Digital Marketplace SmartShift
Mahindra group entered the logistics marketplace with SmartShift, an online marketplace to provide intra city movement of cargo.
Maharashtra Govt. Plans To Limit Fleet Size For Taxi Aggregators
Government of Maharashtra released a draft notification of its City Taxi Scheme 2015 that would consists of number of clauses/regulations which is going to change the way the rider and the on-demand cab services will work in the city.
Zomato Discontinues Cashless Payments
As per the company, the reason for putting a halt to Zomato Cashless was due to the lack of product market fit in the current form.