<ul><li>Swiggy's IPO received bids for 57.53 crore shares compared to the 16.01 crore shares on offer.</li><li>Zomato and Swiggy's practices with partners are being investigated by the CCI for possible competition law violations.</li><li>Baidu is set to unveil a pair of glasses with a built-in AI assistant at its annual Baidu World event in Shanghai next week.</li><li>Ola Electric's Q2 net loss narrowed to Rs 495 crore from Rs 524 crore YoY.</li><li>The Indian EV maker reported a 39% YoY increase in sales.</li><li>Ola Electric delivered 98,619 scooters in Q2, up 74% from the previous year.</li><li>Freshworks' recent layoffs have come under scrutiny, with experts warning of the risk of losing employee loyalty for prioritising shareholder value.</li><li>Zoho Corp. Founder, Sridhar Vembu, spoke out against shareholder prioritisation over employee well-being.</li><li>Teora Lifesciences, a biotech startup using synthetic biology for sustainable solutions in aquaculture and agriculture, is making innovative strides in the sector.</li><li>China has unveiled a 10 trillion yuan debt package to ease local government financing strains.</li></ul>

Ola Electric’s Q2 loss shrinks; Shareholder buybacks or worker wellbeing

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