The reopening of schools and colleges has sparked a crisis in the edtech sector with falling valuations, slowing funding rounds and faltering investor sentiment. In a totally altered, post-pandemic landscape where students are back at school and colleges, companies are scrambling to revert to bricks-and-mortar tuition centres and adopting a hybrid model of offline and online education. Demand for online tuition has fallen, affecting the revenue of edtech companies in recent months. After two years of booming revenues, some experts say the sector is looking at a possible meltdown.
'After greeting Prince Charles with a traditional bow, moving away from protocol, I also did a namaste, which HRH reciprocated twice -- once before the award presentation and the second time just before I left him.'
China hiked its annual defence budget by 7.1 per cent.
Assembly elections to five crucial states will take place in a few months and the results will be decisive for the BJP, which is eyeing a third successive term at the Centre, in the forthcoming the Lok Sabha polls in 2024.
Paytm's Rs 18,300 crore IPO was oversubscribed 1.89 times on the last day of India's biggest share sale on Wednesday, making it one of the country's most valued companies. The initial public offering of Paytm's parent company One97 Communications Ltd received bids for 9.14 crore equity shares against the offer size of 4.83 crore shares, according to information available from stock exchanges. While the portion set aside for retail investors was oversubscribed early, institutional buyers including FIIs flooded the share sale with offers on Wednesday, seeking 2.79 times the number of shares reserved for them.
Violence again rocked the old city of Hyderabad after the police barricaded the entire area around Charminar to prevent people from gathering near the monument.
Vidya Balan and Shefali Shah are powerhouse talents and are tailor-made for Jalsa's overwrought premise, notes Sukanya Verma.
World champion Viswanathan Anand suffered defeat at the hands of Alexander Morozevich of Russia in the blindfold game of the fifth round in Amber blindfold and rapid chess tournament in Nice (France).
India is ready, after battling the pandemic for two years, to travel once again.
In a career of eight years, the actor -- who turned 33 on May 16 -- already has an impressive oeuvre.
A summary of Thursday's matches in the Europa League.
Try these workouts to build your core muscle strength from the comfort of your home.
'These naval sailors should have been given due respect as freedom fighters.' 'February 18, 1946 should be as important as January 26 because that date changed everything.'
'While consumers have benefited tremendously from rock-bottom telecom tariffs, the telecom sector has been reeling under deep financial stress,' points out Rajan S Mathews, director general, Cellular Operators Association of India.
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
The Siang is a dramatic river that flows through a beautiful land. Rafting on it is a rare pleasure the state offers tourists, says Ajai Shukla.
'The real estate sector has been badly bruised because it has become too reliant on funding from NBFCs, including housing finance companies. 'When the NBFC industry was rocked late last year by a large default, the real estate sector was hit hard. 'An intricate web of links between rural incomes, construction activity and shadow banks are fuelling the economic slowdown', says Pranjul Bhandari.
'It is especially discouraging for young people in the development sector. I've noticed that many of them are actively considering other career options to escape this atmosphere.' Geetanjali Krishna reports.
The Indian Air Force flew 12 sorties to bring back Indian nationals, including many children.
Seamer Duanne Olivier completed an 11-wicket match haul as South Africa roared back into contention in the first Test
India lacks China's culture of collective discipline, so what will provide the glue for people to cooperate rather than follow their raw survival instincts? asks Ravi Bhoothalingam.
Economists praise Das for his pragmatism and willingness to face challenges head on. And in doing so with the finesse of an able administrator.
Kya Kool Hai Hum 3, Mirzya and Mohenjo Daro make the list.
Paul Romer, a New York University professor and economist
Lamine Diack, the former president of the International Association of Athletics Federations (IAAF), was responsible for organizing and enabling the conspiracy and corruption that took place in athletics' governing body, an independent commission of the World Anti-Doping Agency (WADA) said on Thursday.
'India is home to the third-largest number of family-owned businesses in the world.' 'While everyone pays lip service to succession planning being entrenched in the functional DNA of family-owned business enterprises, it's still not an area of focus for a lot of family businesses', points out Shyamal Majumdar.
Ousmane Dembele struck early and Lionel Messi converted a late penalty as Barcelona won 2-0 at Juventus in the Champions League on Wednesday after Alvaro Morata had three goals disallowed for offside for the Serie A side.
The task force will look at emerging markets, technology, regulatory and monetary policies, loss of trust in financial services, and financial inclusion.
Summary of sports events and persons who made news on Sunday.
'Institutional ownership, by December 2018, had increased 37.5% from approximately 22% in early 2009,' points out Amit Tandon.
The National Investigation Agency delegation visiting Bangladesh to investigate the Burdwan blast plot has provided some names and phone numbers in connection with the incident to security agencies.
Top 10 cities in the JLL index are Bengaluru, Ho Chi Minh City, Silicon Valley, Shanghai, Hyderabad, London, Austin, Hanoi, Boston and Nairobi.
Gary Neville's disappointing start as Valencia coach continued when the ambitious Singapore-owned club drew 2-2 at home to lowly Rayo Vallecano in La Liga on Sunday, prompting more rumblings of discontent from the fans.
Once the effects of the slowdown in the economy start to be felt and the feel-good effect of scrapping Article 370 recedes, the BJP fears it would be hard for the party to capture Delhi. Aditi Phadnis reports.
Of all the tremors to rock the start-up world of late -- Snapdeal's layoffs, Stayzilla's shutting down, Flipkart's frequent devaluations -- nothing will match the rumble at ShopClues for poignancy.
The latest militant assault on the Afghan capital comes as the Taliban intensify their nationwide offensive against the US-backed government in Kabul.
'Politics and religion is a dangerous mix in India and anybody even remotely seen crossing the line is taken to task.'
Virat Kohli continued his day job of mesmerising fans with a magical willow
How much would collectors be willing to pay for owning a part of Indian history, asks Kishore Singh.
Babar Azam hit his maiden century while spinner Mohammad Nawaz grabbed four wickets as Pakistan thrashed the West Indies by 111 runs on the Duckworth-Lewis method in the first day-night international on Friday. Azam's rapid-fire 139-ball 120 helped Pakistan post a challenging 284-9 in a match reduced to 49 overs a side due to a 70-minute floodlight failure at Sharjah Stadium in the UAE. West Indies -- set 287 to win -- never got close and folded at 175 in 38.4 overs.
