He did not believe in any fiscal puritanism. In 2012, when it was almost certain that the government will breach the 2012-13 fiscal deficit target, he wrote that in abnormal times, abnormal measures are required to get back to normalcy.
The corporate affairs ministry has ordered an inspection of the books of Byju's, a senior government official said on Monday amid the edtech major facing multiple headwinds, including delay in submitting financial statements and concerns over corporate governance issues. The inspection of Bengaluru-based Think & Learn Pvt Ltd, which operates under the brand Byju's, will be carried out by the ministry, which is implementing the companies law. The ministry decided to carry out the inspection after taking note of the developments, including that the company has been unable to finalise its financial statements and that its auditor has resigned, the official told PTI.
Miss World 2024 will be crowned in India soon. Long before Aishwarya Rai and Priyanka Chopra, Yukta Mukhey and Diana Hayden, a beautiful woman from Bombay was crowned Miss World. In 1966. Reita Faria was India's first Miss World. Vaihayasi Pande Daniel/ Rediff.com met the 80 year old in Dublin recently, still as elegant, still as attractive as she was all those years ago.
'Salilda and my brother Hridaynath would deliberately make my compositions tough.' 'Their logic was, "You can do it, so why should we not compose accordingly?",' Lata Mangeshkar, who would have turned 94 today, September 28, 2023, once told Subhash K Jha.
i2e1's model is based on innovation at the hardware front.
'It is a sign of a bigger problem which is coming in the next six months.'
Indian Mithun Manjunath stunned fourth seed and world number seven Kean Yew Loh of Singapore in the opening round while PV Sindhu and Kidambi Srikanth secured straight-game wins.
What makes this edition of the contest important were a few more events that happened for the first time at Miss Universe.
Doctors warn that overwork is leading to lifestyle diseases like diabetes and spondylitis.
In a breather to the troubled edtech company, the steering committee of lenders has agreed to amend a $1.2 billion term loan with Byju's by August 3, 2023, the lenders announced on Monday. Successful execution of the amendment would "immediately" solve the loan's acceleration and end all open litigation while avoiding further enforcement actions, they in a statement. An e-mail sent to Byju's did not elicit a response.
The Thackerays sought dismissal of the PIL on the ground that it was filed on assumptions and without any factual foundation.
'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'
Allowing 12-hour shifts for all and night-time work for women was meant to benefit software firms, but is said to have clinched Foxconn's Rs 80 billion investment.
The anti-Citizenship (Amendment) Act protest was secular but the charge sheet in the Delhi riots conspiracy case was communal and the police fabricated a story to suit its narrative, former Jawaharlal Nehru University student leader Umar Khalid told a court in New Delhi on Tuesday calling it a 'naked form of false implication.'
Star Indian shuttlers PV Sindhu and Kidambi Srikanth will look to arrest their slump in form when they begin their campaign at the Australia Open badminton tournament in Sydney on Tuesday.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
Fresh from their Korea Open triumph, Satwiksairaj Rankireddy and Chirag Shetty will look to continue their dream run.
The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.
Zerodha and True Beacon co-founder Nikhil Kamath, along with Abhijeet Pai, has invested in Omnipresent Robot Tech through their investment arm Gruhas Proptech. This round also saw co-investments from Kavin Shah, and other individual high networth individual (HNIs), according to a statement released on Thursday. However, the amount invested by Kamath and Pai has not been disclosed.
The Delhi high court Wednesday expressed its displeasure over the use of the term jumla by former Jawaharlal Nehru University student Umar Khalid in his criticism of the prime minister while delivering the speech.
The police made the statement after a bench of Justices Nitin Jamdar and Sarang Kotwal said the issue involved the larger question of Ranaut's fundamental right to free speech and that the court will have to grant her some ad-interim relief.
Arrested in September 2019 by the Delhi police for making 'provocative statements' when Donald J Trump was on his visit to India, Dr Umar Khalid has now spent three years in jail without being convicted of an offence, points out Aakar Patel.
The classical Middle Eastern snack gets a chicken twist.
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.
Lakshya Sen and Saina Nehwal made impressive starts at the Indonesia Masters Super 500 badminton tournament, advancing to the second round of men's and women's singles respectively with contrasting victories in Jakarta on Wednesday.
Priyanka Chopra had a 'much-needed super fun' outing when she attended a Diljit Dosanjh concert in Los Angeles.
Prosecutors sue Barcelona for allegedly buying refereeing favours
The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of levying TCS on all spending. The government had earlier this week brought overseas credit card spending under Liberalised Remittance Scheme (LRS). This meant that any spending using credit cards overseas would attract a 20 per cent tax from July 1.
The counsel pointed to two contradictions in Delhi Police's claims. Firstly, he showed the court a 21-minute video clip of Khalid's speech in Maharashtra, which the prosecution had allegedly labelled inflammatory.
Armed robbers broke into the home of Barcelona striker Pierre-Emerick Aubameyang early on Monday morning, police said, and physically assaulted the player and his wife as they forced them to open a safe to steal jewellery.
The police in the HC argued that Kundra was not cooperating with the probe in the case, filed in February this year by the Mumbai crime branch, and had destroyed evidence, a claim refuted by his lawyer.
Readers have responded resoundingly to our invitation to congratulate the ISRO team for Chandrayaan-3's successful Moon landing.
Messi signed off for 2022 by hailing the year when he won the World Cup as one he "will never be able to forget".
The re-opening of the Chinese economy, as it moves away from its zero-Covid policy, could help stabilise commodity prices, according to some of the country's top metal companies. They view this as a positive for demand, at a time when markets such as the US and Europe have been largely weighed down by slowdown concern now. "Most of us in the metals business are hoping the Chinese economy picks up because half of any metal demand, including demand for aluminium, comes from China.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
An aggressive rate hike by the US Fed and the possibility of a recession can trigger a slide in these stocks, which will be a good opportunity to buy from a long-term perspective.
Justice Jamdar then said that the bench will grant relief to Bhamare in the two cases where his bail pleas had been rejected, while the police are restrained from arresting him in the fourth and the fifth cases.
Arguing his bail plea in the riots conspiracy case before additional sessions Judge Amitabh Rawat, his lawyer referred to the supplementary charge sheet filed in the case and said that the police wished to paint every accused with the same brush while adding tadka (flavour) to it.
The ministry of home affairs has suspended the Foreign Contribution Regulation Act (FCRA) licence of prominent public think-tank Centre for Policy Research (CPR) over violation of laws, officials said on Thursday.
Wankhede filed a petition and sought an urgent hearing, saying he feared arrest by police over allegations of extortion against him in the case related to alleged drug bust on a cruise ship involving actor Shah Rukh Khan's son Aryan khan.
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