Lathika Pai, a veteran executive in the Indian startup ecosystem, has filed a lawsuit against her former employer Microsoft India. The civil suit seeks that the tech giant pay approximately Rs 35 crore in damages for allegedly coercing Pai to resign by intimidating her and creating a hostile work environment. The lawsuit names Microsoft India president Puneet Chandok and human resources head Arum Kakatkar as defendants.
TradeCred may have reached the end of the road, according to eight HNI investors who want to withdraw their funds after alleging the invoice discounting platform bluffed them. The platform offered high-net-worth individuals the chance to invest in invoices for short-term returns. The story details a journey from sales pitches to legal notices, with many investors still waiting for their principal amount and returns. The platform is currently operating in a regulatory grey area.
Chintamani Sahu, 72, is spearheading a legal challenge to the Adani Group’s massive coal-power station at Godda. Having refused to surrender the land on which his ashram stands, he has led a group of refuseniks to file a case at the state’s High Court. They argue that the acquisition of land for the project was illegally carried out. Today, as the power plant’s skeleton hulks over his ashram, and the government stalls the case, Sahu is undeterred.
