Pulley, a cap table management platform, is shutting down in December 2023. Backed by General Catalyst, Stripe, and Founders Fund, this closure raises questions about the future of similar startups in the industry. As competition heats up with Carta, investors are left wondering about the sustainability of such platforms.
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First Solar has officially dropped its ITC patent case, redirecting its focus to lawsuits against competitors. This strategic shift highlights the company's commitment to protecting its innovations in the solar energy sector. As First Solar navigates the competitive landscape, its legal actions could reshape industry dynamics and influence market trends.
Boeing's 777X model testing delays could push deliveries to 2027. Despite this setback, the US aerospace giant remains optimistic about next year's launch. The 777X, a key player in Boeing's lineup, faces challenges that could affect its market entry and investor confidence.
A recent High Court ruling mandates Rs 1.01 crore plus interest in a property dispute involving four women. The case centers on a land purchase where one woman granted her brother-in-law a general power of attorney while residing in West Bengal. This decision highlights the complexities of joint property ownership and legal authority in real estate transactions.
India's government has reduced export levies on petrol, diesel, and aviation fuel, effective September 16. The export duty on petrol now stands at ₹0.5 per litre, while diesel duties have been lowered to ₹20 per litre. This decision reverses the higher rates imposed earlier this month, aiming to boost exports and stabilize fuel prices.