Educational technology giant Byju's has taken a loan of Rs 300 crore from its subsidiary Aakash Educational Services (AESL), which it acquired for nearly $1 billion last year. AESL, in its filing with the Ministry of Corporate Affairs, said that Think & Learn - the parent firm of Byju's - is in need of funds for its 'principal business activities'. It said the board of directors of the company at its meeting on October 3, subject to the approval of the members at the general meeting, has given its approval for granting the unsecured loan to Think & Learn for an amount not exceeding Rs 300 crore.
The BJP on Monday welcomed the Allahabad High Court verdict on Ayodhya issue saying it was a "significant step" towards building a grand temple at the birthplace of Lord Ram and opened a new chapter for national integration.
Claiming forward movement in their parleys, the Gujjar leadership and the Rajasthan government on Tuesday held further talks to end the 26-day-old agitation for ST status.
'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'
A core group of ministers on Wednesday held inconclusive deliberations on a proposal to raise fuel prices, necessitated by a spike in global crude prices that threatens to spawn an oil import crisis.
In a bid to nab the four core group athletes who reportedly disappeared before dope tests were conducted by National Anti-Doping Agency in Patiala, the country's doping watchdog has asked chief coach Bahadur Singh to submit a report on the episode by next week.
Banks and financial institutions are seeking more flexibility in dealing with commercial and industrial loan accounts, which are seeing pressure due to cash flows and repayment.
The Bharatiya Janata Party on Tuesday failed to reach a decision on the fate of its troubled alliance with JD(U) in Bihar but indicated it favoured continuance of ties with its old ally without compromising on self-respect.
For the first time, Akhilesh is leading the SP almost single-handed into a major election, but he is not the only one running the show Shikha Shalini reports.
The NSCN-IM delegation, led by senior leader V S Atem, met interlocutor A K Mishra at an undisclosed location in the national capital.
Strength coach Spoorthi, Cult.fit tells you how to burn calories without hitting the gym.
A multi-billion dollar broadcast market, the game's most powerful board's positive intent and a perfect pitch by the global body based on a three-fold 'U-P-L' principle ensured cricket's inclusion in the 2028 Summer Olympics in Los Angeles.
The Congress and the Left parties have not only extended support to the Samajwadi Party candidate but are also campaigning for him, in accordance with the spirit of the new opposition togetherness ahead of next year's general election.
Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.
The Divestment Ministry is moving fast to restart the sell-off process and go ahead with divestment in oil PSUs -- HPCL and BPCL.\n\n\n\n
"Health and safety of Shooters/Coaches was paramount in the review of the decision. NRAI will announce a new schedule at a later date."
The government has set up a standing group on the economic fallout of the ongoing US-led war on Iraq to look into issues particularly related to exports, inward remittances, oil prices and tourism.
The Jammu and Kashmir administration has neither accepted nor rejected the demand but the protest had to be suspended as stopping of salaries is 'choking us financially', protesters affiliated to the All Migrant (Displaced) Employees Association Kashmir (AMEAK) said.
The apex doctors' body called for a 'total medical bandh' in Delhi on Monday.
Former Congress MLA from Barnala, Kewal Dhillon, and former Shiormani Akali Dal MLAs Sarup Chand Singla and Mohinder Kaur Josh also joined the BJP.
Prime Minister Narendra Modi on Sunday called for the setting up of a high-power police technology mission under the leadership of the Union home minister to adopt future technologies for grassroot policing requirements.
In an encouraging development for the Indian women's hockey team, all the squad members are set to be included in the Target Olympic Podium Scheme (TOPS) when the review committee will identify a core group for the government-funded programme, next month.
After a meeting of its core group, attended by top leaders, including L K Advani and BJP chief Rajnath Singh, the party said it was opposed to the deal and accused the government of making a 'significant strategic blunder' by turning it into a kind of an icon of India's relations with the US.
State BJP in-charge Om Mathur said the party has decided to form a core group of workers in each polling booth for the election.
In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.
Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.
Andhra Pradesh Chief Minister N Kiran Kumar Reddy has told the Congress leadership that he would not be a party to a division of the state.
Around 100 lawmakers from the Pakistan Muslim League-Nawaz and Pakistan Peoples' Party submitted the no-confidence motion before the National Assembly Secretariat on March 8, alleging that the Pakistan Tehreek-e-Insaaf government led by Khan was responsible for the economic crisis and the spiralling inflation in the country.
Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.
Mr Adani has a fight on his hands. It is not a fight to the death, asserts T N Ninan.
The Bharatiya Janata Party said that there should not be any politics on the Supreme Court ruling and everyone should respect it.
However, another quota agitation body Sardar Patel Group welcomed the government's move, but said they will assess how it will help Patel community and up to what extent.
Differences have once again surfaced between the ministries of divestment and petroleum over the sale of government equity in public sector oil company Balmer Lawrie.\n\n\n\n
MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.
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.
No one is quite sure when the soft launch is likely.
Vohra has called Mehbooba and Sharma for separate meetings on Tuesday to discuss the issue of government formation in the state which is under governor's rule since January 8
The government is likely to finalise by the third week of this month, the advisor for divestments of Bharat Petroleum Corporation Ltd for which over half a dozen merchant bankers are in the race.\n\n\n\n
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