Reuters Story: Zurich Insurance eyes $400 mln stake in general insurance arm of India's Kotak. Backed by Asia's richest banker Uday Kotak, the negotiations value the Indian firm at $800 mln & Zurich is interested in a 49% or 51% stake. By @followthemani

India Supreme Court effectively reinstated ban on bike taxis on Monday in Delhi, but Uber and Ola continue to offer services. Delhi city says will impound vehicles. Read -

New Delhi city to impound bike taxis if Uber, Ola do not comply with a ban that Supreme Court of India has backed this week, Ashish Kundra, Delhi's commissioner for transport says. Uber has legally challenged Delhi city's move

India threatened to shut Twitter down unless it complied with orders to restrict accounts critical of the govt's handling of farmer protests, Jack Dorsey said, an accusation India's deputy IT minister called an "outright lie". Latest in Big Tech vs Modi

Indian small-cap Urja Global jumps on Tesla-deal confusion. "Investors misinterpreted this deal with the real Tesla, leading Urja stock to rally," said Prashanth Tapse, vice president of research at Mehta Equities. @elonmusk

India's Supreme Court backs Delhi ban on bike taxis in setback for Uber. On Monday, after hearing the city government's arguments of violation of rules, the Supreme Court revoked a lower court's order, effectively resinstating the ban. By @arpanc_

Agra’s centuries-old footwear industry has a new challenge—quality control. In Agra, shoemakers fear the change in the old ways of doing things. Industry associations fear fallouts, while workers are worried that they’ll be laid off. via @theprintindia

Reuters Story: Indian agency body sends notices to Xiaomi and its three bankers - Deutsche Bank, HSBC and Citi - over alleged illegal remittances of $670 million made by the Chinese smartphone giant to foreign entities.

Reuters latest on Ola Electric's IPO plans by @followthemani - investor meets from next week by CEO Bhavish Aggarwal, starting early to explain India EV potential. Singapore+US+UK, meetings with BlackRock, GIC, T Rowe Price planned, sources say

Reuters Story: Netflix, Amazon, Disney, JioCinema backed group tells India new tobacco rules “onerous”, impossible to implement & will impinge on creators' freedom, in first formal pushback. It argued a survey showed viewers indifferent to smoking scenes

Reuters Story: Walt Disney's Hotstar will offer free mobile streaming of cricket tournaments, a move that follows JioCinema's similar strategy on IPL. Disney’s rivalry with Jio has been heating up -- both sides used ads to counter each other ahead of IPL.

Breaking News.

AI and Indian TV news - seeing for the first time, took me two minutes to realise it was an AI anchor and not a real one. My mother still finds it hard to believe. Next segment when real anchor Sudhir Chaudhary appeared, she asked - Is he AI too?! #Future