The big news: French firm moves Australian court after Scorpene data leak, and 9 other top stories
Mumbai's auto and taxi unions called off the strike that was scheduled for today, and Paytm is reportedly in talks to raise $350 million in a new funding round.
A look at the headlines right now:
- French firm moves Australian court for injunction against daily that leaked Scorpene data: DCNS has also asked the court to direct the newspaper to delete whatever it has put up about the submarine project and hand over the remaining documents.
- Auto, taxi strike in Mumbai postponed to September 1 after Devendra Fadnavis promises to meet unions: The chief minister and transport minister Diwakar Raote said they would hear out their concerns about aggregators such as Ola and Uber.
- Paytm eyes $350 million in new funding round, valuation could rise to $5 billion: MediaTek, Goldman Sachs and Temasek are reportedly in talks with the online payment and e-commerce firm, alongside existing investors Alibaba and SAIF Partners.
- Protestors remove barriers at Noida toll plaza so commuters can travel for free on the DND flyway: At least 500 people gathered at the spot in a demonstration against the Rs 28 that is charged for using the 32-lane road.
- Lashkar-e-Janghvi militants involved in the 2009 attack on Sri Lankan cricketers killed in Pakistan encounter: After seven members of the banned outfit attacked a police team in Lahore, four were killed in the ensuing shootout, while three managed to escape.
- West Indies win series 1-0 after second T20I against India is called off because of rain: India had done well to restrict the West Indies to 143, but could only bat for two overs in their chase before the rain began.
- ISRO successfully tests scramjet engine that uses atmospheric oxygen: The space research organisation launched the engine, which will reduce expenses for the INSAT-3DR satellite, on Sunday morning.
- Ready to hold talks with anybody willing to reject violence in Kashmir, says Mehbooba Mufti: The chief minister said faith in ‘dialogue as an institution’ was necessary to resolve the ongoing crisis in the Valley.
- United States says bilateral trade with India at $109 billion, to increase after GST implementation: Commerce Secretary Penny Pritzker said the country's investment in the US had crossed $11 billion. She will be in India for three days starting Monday.
- Government to announce Rs 2,000-crore package for refugees from Pakistan-occupied Kashmir: A senior government official said the Home Ministry will soon place the package for approval before the Union Cabinet.