The Sanchar Saathi U-turn; Meesho IPO off to a flying start

In a volte-face, the telecom ministry has withdrawn the controversial directive mandating that Sanchar Saathi be preloaded on new smartphones. This and more in today’s ETtech Top 5.

Also in the letter:

■ Pine Labs Q2 results

■ Meta veteran joins Flipkart

■ New Nvidia rival: AWS

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India rolls back order to preinstall cybersecurity app on smartphones

India’s telecom ministry has withdrawn its directive that required smartphone makers to preload a government-run cybersecurity app, after Opposition leaders raised privacy concerns and questioned the…