'There is a sense of achievement but it has come at a great cost.'
Troubled edtech firm Byju's founder Byju Raveendran on Thursday said that he is willing to pay back the entire money to lenders if they are willing to work with him. During a two-and-a-half-hour call with the media, Raveendran said that lenders will not get any money if the process of insolvency against the company continues. "If they are willing to work with me, I am willing to give them money back before I take a single rupee out.
The Indian Navy which intercepted and boarded the MV Alpha, a Vietnamese registered ship, let off the ship after questioning the crew and cheking the ship's papers, which were found to be in order. "The ship that was intercepted has been searched in accordance with international laws. Its papers were found in order and nothing suscpicous was found," said Captain Nambiar, PRO Defence, Mumbai.
India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.
Samsung Galaxy Alpha is a very capable phone, and sales should pick up pace if the company decides to move quickly and brings the price to a more realistic level of about Rs 35,000, says Himanshu Juneja.
'Ensure that all property-related documents are up-to-date.' 'Relying on outdated documents can create legal complications.'
Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,750 crore and an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholders, according to the updated draft red herring prospectus (UDRHP). Market sources have pegged the company's IPO size at over Rs 10,000 crore.
Alpha and Omega offers nothing to the precocious intelligence.
'Jack', 'John' and 'Alpha' were among the National Investigation Agency's protected witnesses who helped nail banned Jammu and Kashmir Liberation Front chief Yasin Malik.
In another sign of deepening financial crisis, Stearns Bank will acquire the failed Georgia-based Alpha Bank and Trust, making it the 16th American bank to fall this year. On Friday, the US authorities seized the operations of Alpha Bank.
The wolves had been behind several attacks on villagers in Bahraich. The Uttar Pradesh Forest Department is taking the wolf to a rescue shelter.
Active equity mutual fund schemes have improved their showing across key categories over the past three months vis-a-vis their benchmarks.
Momentum funds can be 10 to 15 per cent more volatile than the Nifty 50.
By taking the mutual fund route, investors can take exposure to gilts with small amounts. Over a decade or more, returns from these funds tend to be sound.
Stunning! Shreyovi Mehta, 10, is a runner up at the annual worldwide Wildlife Photographer of the Year contest.
UK-based Alpha Airports and Future Group's Pantaloon Retail have won a contract valued at Rs 500 crore (Rs 5 billion) to set up duty-free shops at Indira Gandhi International Airport in New Delhi.
Be it Kabir Singh or Ranvijay Singh, alpha males are nothing but grown men in diapers, observes Durba Dhyani.
Trump's comments prompted immediate criticism.
An invasion of wolves is keeping the forest authorities on their toes in Bahraich, where the animal is suspected to have killed at least six people and wounded several, all within a very short span.
Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.
Sukanya Verma lists 10 of our best ruling the roost of Hindi cinema right now.
Active largecap funds, which have the toughest job in terms of outperforming the benchmark, did better in 2023 as their bets in the mid and smallcap stocks paid off.
Cricket Australia termed 'arrogant' and 'controlling' in stinging review report
The concept XA Alpha showcases the unified R&D of Suzuki Motor Corp and Maruti Suzuki India.
Punjab Chemicals & Pharmaceuticals Ltd will buy 1,88,56,058 shares or 49.72 per cent of Alpha Drug India Ltd from DSM Pharma Chemicals, Venlo B V, Netherlands for Rs 2.5 million or Re 0.13 a share.
Glimpses of the Mars Dune Alpha, NASA's simulated Mars habitat, that is being used as preparation to send humans to the Red Planet.
When Adil Hussain declared that he regretted starring in Sandeep Vanga Reddy's Kabir Singh, he didn't know what he was getting into.
BPCL is a high revenue-earning public-sector undertaking (PSU) and plans to privatise it are completely off the table, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday after assuming charge of the ministry for the second time. "Why would we divest ourselves of highly successful Maharatnas like BPCL," Puri said, arguing the Centre was not in favour of divesting its stake in oil PSUs.
The company plans to bring more 4G-enabled devices in near future in a lower price range.
Red Bull's triple World champion Max Verstappen wrapped up a year of unprecedented dominance with his record-extending 19th win in 22 races at the season-ending Abu Dhabi Grand Prix on Sunday.
Finally, some good news for the Indian startup ecosystem. After four consecutive half-year periods of declining funding since 2022, the first half (H1) of 2024 has shown an upward trend compared to the second half (H2) of 2023. According to the India Tech Semi-Annual Funding Report H1 2024 by Tracxn, Indian technology (tech) startups raised $4.1 billion in H1 2024, marking a 4 per cent increase from $3.96 billion in H2 2023.
'In anything in life, privilege helps.' 'Privilege means access. Access means connections.' 'Does it help? Of course, it does. In whatever you do.'
Hospital chain Aster DM Healthcare's plans to sell its Gulf business may run into rough weather with voting advisory firm Institutional Investor Advisory Services (IiAS) raising concerns over the transaction. Recommending an 'against' vote on the resolution, IiAS has said there is no clarity on how Aster DM will utilise the proceeds that it will obtain by selling the unit, which contributes to bulk of its revenues. In November, Aster DM had announced its plans to sell its wholly-owned subsidiary Affinity Holdings, which conducts business in the Gulf Cooperation Council (GCC) region, to Alpha GCC for $1 billion.
Among the 30 Sensex companies, Larsen & Toubro, Power Grid, NTPC, State Bank of India, Reliance Industries and HDFC Bank were the biggest laggards. Sun Pharma and Nestle were the only gainers.
These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks.
Megha Engineering and Infrastructures Limited was the top donor to the Bharatiya Janata Party at Rs 584 crore and the Bharat Rashtra Samiti at Rs 195 crore.
'My mom used to tell me that I should accept films where they would not make fun of me or my religion.' 'It's a conscious decision to stay away from such films.'
Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
Max Verstappen became the first Formula One driver to take 16 victories in a season
Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks
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