'It was beautifully played by an American band.'
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
India's largest IT services player Tata Consultancy Services (TCS) saw its $2 billion, 10-year deal with Transamerica Life Insurance Company come to an end even before the period was over. Transamerica is the subsidiary of American arm of Dutch insurer Aegon NV. This is not the first time such a long-term deal has been called off. Earlier this year, UK's National Employment Savings Trust (NEST), ended a $1.8-billion deal with French IT services player Atos.
In its set of recommendations, the China Committee said that economic sanctions against China in case of an attack on Taiwan will be most effective if key allies such as G7, NATO, NATO+5, and Quad members join, and negotiating a joint response and broadcasting this message publicly have the added benefit of enhancing deterrence.
A four-member Delhi police team on Friday afternoon landed in Mumbai in search of the man, who had allegedly urinated on his female co-passenger on an Air India (AI) flight on November 26 last year, but found his home here locked, an official said.
United States President Barack Obama has announced his intention to nominate Indian-American Dr Vivek Hallegere Murthy as his next Surgeon General.
Antonio Watson won a thrilling World Championship 400 metres gold on Thursday.
World chess champion Magnus Carlsen said on Monday he believed Hans Niemann had "cheated more - and more recently - than he has publicly admitted", adding he no longer wanted to play against the American and any rivals who repeatedly cheated in the past.
Magnus Carlsen of SG Alpine Warriors defeated Viswanathan Anand and launched his team to the top of the Tech Mahindra Global Chess League in Dubai on Wednesday.
If elected, Niraj Antani, 23, will be the second Indian American -- after Jay Goyal, who served 3 terms from 2006 from the 73rd District -- in the Ohio House. George Joseph reports
'India will want a lot of help from the US, but it's not going to want US troops.'
'... To ensure that the vast Indian Ocean Region remain peaceful.'
When Rinku Singh won the Million Dollar Arm show in 2008, the Indians' 'Great American Dream' of playing professional baseball became a reality and now the promoters of that very contest want Americans to realise the 'Great Indian Dream' of playing in cash-rich Indian Premier League T20 cricket tournament.
Flight AI173 from Delhi was diverted to Magadan in Russia on Tuesday owing to an engine glitch, the Tata Group-owned private carrier said in a statement.
'We cannot be the country that created the Kamasutra and then we show flowers kiss and a child is born.'
Local residents say until about two months ago, this board carried the name of Motorola, which once had a manufacturing unit in Sriperumbudur, 40-odd km from Chennai in Tamil Nadu. In May 2020, Luxshare Precision Industry Co, a China-headquartered AirPods and iPhone assembler, had entered into a deal with the Tamil Nadu government to take over the defunct Motorola unit.
The Reserve Bank has restricted American Express Banking Corp and Diners Club International Ltd from on-boarding new domestic customers onto their card networks from May 1 for violating data storage norms. The order will not impact the existing customers of these two entities, the central bank said in a statement on Friday.
'...they were shocked to learn that just 352 Indian soldiers had made 3 brigadiers, 2 colonels, 170 officers, 290 JCOs and 8,000 troops surrender to the Indian Army.'
From show business to sports stories, you'll find plenty to keep you busy on OTT this week.
Former Formula One supremo Bernie Ecclestone was arrested in Brazil late on Wednesday for illegally carrying a gun while boarding a private plane to Switzerland.
Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allocation has become the largest shareholder with a 33.44 per cent stake in the company. The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments, the company said in a regulatory filing. "...it is hereby informed that the board of directors of the company has, at its meeting held today approved the allotment of 16,133,198,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per equity share aggregating to Rs 161,331,848,990 to the Department of Investment and Public Asset Management, Government of India," the filing said.
The four Majors to trial 10-point tiebreak in final set starting with Roland Garros.
The exhibition of artefacts -- in physical and digital formats -- will be done on the same floor level where the leaders' meetings will take place, and they will walk through this 'cultural corridor' while moving into and out of the summit room, official sources said.
But Ruud, a semi-finalist last year, stamped his authority in the tiebreak and did not face a single break point in the match as he beat the Canadian for the second time this year.
Sebi on Thursday barred 45 entities, including actor Arshad Warsi, his wife Maria Goretti and others, from the securities market in cases related to manipulating the share prices of two companies through uploading misleading videos on YouTube channels. The cases pertains to uploading misleading videos on YouTube channels and recommending investors to buy the shares of Sadhna Broadcast Ltd and Sharpline Broadcast Ltd. Apart from the couple, some of the promoters of Sadhna Broadcast have been restrained from the securities market for their involvement.
Neeraj is one of top-five track and field athletes in world: Sreeshankar
The entire operation was meant to have a chilling effect on independent journalists, those not completely subservient to the regime, the small section still doing what the Fourth Estate should do -- raising questions to those in power.
Olympic high jump champion Dick Fosbury, who revolutionised the event with a radically different jumping technique that was eventually named after him, died on Sunday aged 76.
Due to the huge pile-up of visa applications, the US consular officers in the neighbouring country are now adjudicating Indian visa applications where interview requirements have been waived.
The IPL franchises are now expanding their bouquet of teams across leagues in the West Indies, UAE, South Africa and now the US is another untapped market that wasn't explored despite the Asian diaspora craving for some cricket.
'For years American academia has used the concerns about Hindutva in India to almost completely trash the concept of Hinduism.' 'In the American debate, Wendy Doniger's point of views perpetuated Hinduphobia.' 'Americans were willing to change... Indian intellectuals let us down badly.'
Companies don't have to be in the field to nudge people to return money they owe lenders.
American football legend Larry Fitzgerald, double Olympic gold medallist basketball star Chris Paul are among the new investors in IPL franchise Rajasthan Royals.
The decision of Zakaria to shed some of his non-journalistic responsibilities has come close on the heels of accusations of plagiarism against him. However, the CNN and the Time magazine have completed their probe into the matter and revoked their month-long suspension slapped on the writer.
Sujatha Gidla's scathing observations about Mahatma Gandhi and other highlights from Jaipur Literature Festival 2018.
IMAGES from Day 1 of all the action from the Wimbledon Championships played at the All England Lawn Tennis and Croquet Club, London, on Monday.
Satya Nadella is the highest-paid CEO in the US. So how do the other Indian-American executives fare?
Biden stressed over "not fighting a third World War in Ukraine" but avowed sending an "unmistakable message that we will defend every inch of NATO territory".
At least seven people, including three Afghan nationals who clung to a US Air Force plane to escape Taliban rule, died on Monday in a melee at the Kabul airport, as hundreds of people scrambled to board flights in a desperate bid to get out of Afghanistan, following the toppling of the government led by President Ashraf Ghani.
Recalling an incident, Union Minister Nitin Gadkari revealed that his friend once suggested him to join the Congress but he declined the offer saying that he would prefer to jump into a well rather than joining the party.
