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Tesla’s India Plans Hit Brakes, Delhivery Secures MCA Approval, Nykaa Expands Into Middle East and more

Tesla pauses its India plans, Delhivery has received MCA approval to launch its drone subsidiary, Nykaa is expanding into the Middle East with the launch of its new subsidiary and more

Tesla pauses its India plans amidst regulatory uncertainties, contrasting with DPIIT's move to scrap Angel Tax ahead of the Budget. Delhivery secures MCA approval for a drone subsidiary, while Nykaa expands into the Middle East via Qatar. IPO-bound Swiggy enhances user experience with a UPI plug-in, while BYJU’S faces NCLT scrutiny over employee salaries. The government's focus remains on easing regulations to foster startup growth.

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