Swiggy's Genie service halted (for now) in major cities The Swiggy app feature that lets users request items to be picked up or dropped off is temporarily offline in Mumbai, Bengaluru, and Hyderabad, according to Inc42. Why only these three cities? It might have to do with surges in demand due to the "cricketing and festive season" coupled with difficulties in hiring delivery workers, as per ET. Byju's to acquire executive education firm for $100 million Singapore-based Northwest Executive Education has been snapped up by a Byju's subsidiary called Great Learning in a stock and cash deal estimated to be $100 million, Economic Times reported. What does this mean for Byju's? It has been looking to beef up its presence in the executive education sector that offers learning programmes designed for working professionals. Zomato is trading below its last private valuation The Indian food delivery platform's shares fell below 52 rupees apiece, bringing its market cap down to $5.3 billion from its last private valuation ($5.4 billion) in 2021. Why is it important? The drop in Zomato’s market cap could deter retail investors from major IPOs by LIC and Delhivery, even as global tech stocks crumble, TechCrunch said in its report. Forensic audit of CCTV cameras stayed by Supreme Court The Central Forensic Science Laboratory (CFSL) was supposed to undertake a forensic analysis of CCTV footage showing poll booths during the recently-held municipal elections in Contai, West Bengal. Directions to conduct the audit were issued by the Calcutta High Court based on…
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