BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
The impact of currency depreciation can also be mitigated by holding a portion of your investment portfolio in dollar-denominated assets.
In a letter to Murmu, Stalin said that Ravi has violated the oath of office he took under Article 159 of the Constitution, the government said in an official release.
'It is not his doing, but Rahul Gandhi is forced by circumstances.' 'In taking political decisions, everything has to get his clearance.'
'This is what happens to a party when it gets trapped in the vicious circle of nepotism and dynastic politics'
Persistent efforts by the Board of Control for Cricket in India and its full members to block implementation of some crucial recommendations of the Justice Rajendra Mal Lodha committee on Wednesday provoked the Supreme Court to observe that public functions relating to cricket can be taken over by the government with the enactment of a law in Parliament.
Hearing the Centre versus the Delhi government over the issue of demarcation of power, a constitution bench headed by Chief Justice D Y Chandrachud said an elected government needs to have control over the administration.
The Supreme Court on Tuesday granted protection from any coercive action to a retired colonel against whom an FIR was lodged by the Manipur police allegedly on the basis of the contents of his book published in January 2022.
The main Opposition party Communist Party of Nepal-(Unified Marxist-Leninist) (CPN-UML) disrupted the National Assembly meeting on Wednesday, demanding the prime minister's resignation. The meeting has been postponed to 1 pm Thursday.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
'There is ample evidence to suggest that attacks on the PM's probity and his connections with business houses do not resonate with voters.'
Regional and local fast-moving consumer goods (FMCG) brands are gaining momentum at the cost of national brands for the second quarter in a row. Consumer brands are now losing out on share, especially at the mass end of the market. Local brands have been able to capture market share as prices of raw materials are lower.
Besides his strategic and tactical acumen, it was his amazing personality, quick wit and ability to remain unflustered under any circumstances that stood him apart from almost any leader one has read about or known, recalls Lieutenant General Syed Ata Hasnain (retd).
Cultivate a thirst for knowledge, explore online courses, attend workshops and network with peers. Embrace opportunities to learn new skills and stay updated about industry trends to remain relevant and future-proof your career, advises Manu Saigal, director-general, staffing, Adecco India.
In a further setback to deposed All India Anna Dravida Munnetra Kazhagam leader O Panneerselvam, the Madras high court on Friday dismissed his appeals against the 2022 general council meet of the party, which among others had elected his rival Edappadi K Palaniswami as interim chief, besides expelling OPS and his aides.
Reserve Bank of India on Thursday said a centralised portal would be ready in three to four months wherein depositors and beneficiaries can access details of unclaimed deposits across various banks. As of February this year, about Rs 35,000 crore of unclaimed deposits were transferred to RBI by public sector banks in respect of deposits which were not operated for 10 years or more. "In order to improve and widen the access of depositors/beneficiaries to such data, RBI has decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits based on user inputs," RBI Governor Shaktikanta Das said while announcing the first bi-monthly monetary policy for the current financial year.
Women account for 35 per cent of the 860,000 people employed in startups in 2022, compared to 19 per cent in the corporate sector.
More than 120 eminent citizens, including retired high court judges and former bureaucrats, have written to President Droupadi Murmu opposing what they called "highly objectionable attempts" to legalise same-sex marriages.
Weddings, holidays, award functions, throwbacks, festivals, family time or fooling around, 2023 saw a variety of posts beaming in joy. Of which these 25 Instagram moments of Bollywood stars are Sukanya Verma's favourites.
For someone like me who studied Sam so intently, if a lump could form in the throat during the emotive scenes, I think the cast did a superb job, notes Lieutenant General Syed Ata Hasnain (retd).
The Uddhav Thackeray-led faction of the Shiv Sena urged the Supreme Court on Tuesday to refer the cases related to the Maharashtra political crisis to a seven-judge bench for reconsideration of a 2016 judgment on powers of assembly speakers to deal with disqualification pleas.
In a major development, India and the US have agreed to end six trade disputes at the WTO through mutually agreed solutions, while New Delhi will remove retaliatory customs duties on certain American products such as almonds, walnuts, and apples.
The ordinance comes a week after the Supreme Court handed over the control of services in the national capital to the Delhi government, excluding those related to police, public order and land.
'ISRO's style is a terrific example of being able to survive, acknowledge failures, and then most importantly of all, learn from them to ensure that subsequent missions are successful.'
'Certainly, Pakistan should be playing in the World Cup, even in India.'
The Madras high court on Tuesday observed that the continuance of V Senthil Balaji as a minister without portfolio in the MK Stalin-led Tamil Nadu cabinet will serve no purpose and it does not augur well with the principles of good governance and purity in administration.
The Supreme Court on Friday said the trial in the Manipur violence cases being probed by the Central Bureau of Investigation (CBI) will take place in neighbouring Assam and asked the Chief Justice of the Gauhati high court to nominate one or more judicial officers to deal with the matters.
Stalin still enjoys a lot of sympathy and empathy as someone wishing well for the state, but not full-throated support as in 2019 and 2021, notes N Sathiya Moorthy.
Amid controversy over destroying of 11,100 files relating to the home ministry, the government on Monday assured the Rajya Sabha that it will not allow tampering or destruction of any link with the country's glorious history.
ISRO made efforts to re-establish communication with rover Pragyan and lander Vikram after they were put into sleep mode in September following the onset of night on the moon.
If any corruption has taken place in the Brihanmumbai Municipal Corporation, which was ruled by the undivided Shiv Sena for more than two decades, then probe it, but also inquire into the work done by states during the pandemic, he said.
A first information report (FIR) has been registered against three girl students of a paramedical college in Udupi over the alleged recording of a video of their fellow student in the college washroom recently, police sources said.
e of them requires MPs to follow the norms including the Code of Ethics, which mandates them not to take gifts that may interfere with honest and impartial discharge of their official duties.
'I believe that as we produce more, our cost will come down further. We will maintain our competitiveness.'
'Assam Rifles have prevented a large number of genocides and killings.'
Parliament remained paralysed for the sixth day in a row on Monday due to protests from rival sides.
A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.
According to Lokayukta sources, Prashanth, the chief accounts officer of Bangalore Water Supply and Sewerage Board, was caught red-handed on Thursday evening while accepting a bribe of Rs 40 lakh from a contractor at the Karnataka Soap and Detergent Limited (KSDL) office.
The man who threw the petrol bomb was immediately overpowered, they said
rediffGURU and yoga expert Radhika Iyer offers advice on how yoga can help you improve your overall health and wellness.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances