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Qwick must pay workers millions in SF lawsuit settlement | Business

San Francisco City Attorney David Chiu sued Arizona-based Qwick last summer, alleging that the company misclassified California workers as freelancers rather than employees.The sides settled for a $2.1 million agreement. ....

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Byju's shareholders vote to remove founder Raveendran as CEO

According to the report, the decision, made during a general meeting on Friday, marks a significant escalation in the ongoing battle for control of the once-prominent online tutoring startup. ....

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Indian startups' US IPO listing presents both opportunities and challenges

Despite a more cost-efficient option of listing at GIFT IFSC, challenges such as smaller investor base and evolving regulations make US listings more attractive for Indian companies. However, complying with Sarbanes-Oxley Act, US GAAP and the Foreign Corrupt Practices Act poses complexities and costs, especially for smaller companies ....

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FTC settles with supplement startup over COVID claims

A multi-year case involving dietary supplement startup PPO Lab, the Federal Trade Commission (FTC) and COVID-19-related health claims has come to a close, culminating in a truce that removes fines and lightens administrative burdens on the defendants. ....

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BENGALURU Investors in Indian online education startup Byju's voted Friday in favor of ousting its founder and his family from the board, widening ....

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