Nykaa Sues Former CBO and Current Tata Cliq CEO for Contract Breach

- Nykaa has filed a lawsuit against its former chief business officer, Gopal Asthana, now CEO of Tata Cliq, for breaching confidentiality and misappropriating proprietary data. - The company claims Asthana approached several Nykaa employees to join Tata Cliq, with some making the switch over the past year. - Nykaa seeks a refund of around Rs 19 crore in employee stock option benefits and Rs 5 crore for loss of goodwill. - The Bombay High Court issued an interim order preventing Asthana from hiring Nykaa executives for Tata Cliq. - Asthana denies the allegations, stating they will be addressed in arbitration, and emphasized that Tata Digital is not involved in the lawsuit. Source: [India Times](https://economictimes.indiatimes.com/tech/technology/nykaa-sues-former-executive-asthana-who-now-heads-tata-cliq/articleshow/113072347.cms?from=mdr)