Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn. Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed. In a letter sent to the board of Think & Learn Pvt Ltd (known as Byju's), Deloitte said it has not been able to start an audit due to the delays and that will have a "significant impact" on its ability to "plan, design perform and complete" the audit as per standards.
Senior IAS officer and former MyGovIndia chief Gaurav Dwivedi was on Monday appointed the Chief Executive Officer of public broadcaster Prasar Bharati. A 1995-batch officer of Chhattisgarh cadre, Dwivedi will have a five-year tenure from the date he assumes charge. Currently, he is posted as Principal Secretary, Commercial Tax, in the Chhattisgarh government. "The President of India has today appointed, after due recommendation by the Selection Committee, Shri Gaurav Dwivedi, as Executive Member (Chief Executive Officer) in Prasar Bharati for a period of five years from his assumption of charge," a statement from the Information and Broadcasting Ministry said.
One of its lovemaking sequences, featuring the film's leading man Cillian Murphy and Florence Pugh, has triggered off an uproar.
Addressing a press conference in the nation's capital, he claimed that Verma's removal was an "insult" to the Constitution, the chief justice of India and the leader of the opposition.
Guterres urged members of the Security Council to press to avert a humanitarian catastrophe and appealed for a humanitarian ceasefire to be declared.
The National Democratic Alliance government is weeding out independent directors on the boards of public-sector undertakings (PSUs).
The special privileges granted to private equity (PE) investors by listed companies are set to go through shareholders' test. Under new rules introduced by the Securities and Exchange Board of India (Sebi), all such arrangements will require shareholders' nod by way of special resolutions. Legal experts say arrangements that are unfair to other public shareholders may not pass the muster.
Displaying 'ARMY' on private transport is an attempt to milk the respect and reverence that the common citizen has for a person in the armed forces, observes Colonel K Thammayya Udupa (retd). By writing 'ARMY' and displaying regimental insignias, we expect a few misdemeanours to be overlooked.
The modus operandi highlighted by CBI says that while the corporate strikes a deal for imports with a company in one country, the billing is done at inflated prices in other country by the group's front company.
Panel chairman Thakur is believed to have informed Dev that the issue was not on the agenda for the meeting.
The probe report has estimated the cost of damage due to the accident at more than Rs 52 crore.
The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate investigation into imports of Indonesian coal by the conglomerate hasn't reached finality, Minister of State for Finance Pankaj Chaudhary said. Lok Sabha saw several questions being put by MPs to the government on the Adani issue, which were replied through written responses by the minister.
Bajaj Auto, the king of the market for CNG-powered passenger three-wheelers, now wants to replicate this dominance in two-wheelers. The difference is that while the former is zooming - registrations for CNG-powered passenger three-wheelers nearly doubled during January-December 2023 - the latter, meaning a market for CNG-powered two-wheelers, does not exist.
Sattar, who was allegedly absconding after calling for a state-wide hartal on September 23 against nation-wide raids on the outfit's offices and arrests of its leaders, is expected to be handed over to the NIA during the day.
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Securities and Exchange Board of India (SEBI) has 'drawn a blank' in its probe into alleged violations in money flows from offshore entities into the conglomerate.
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.
The navy received information about the vessel, responded to the distress call and the Pakistan Maritime Information Centre requested a nearby merchant ship "MT KRUIBEKE" to provide necessary assistance to the stranded crew of the Indian vessel.
They all seem to forget that the Music Academy is as much an independent institution as T M Krishna is an individual musician. In drawing those red lines for the Academy management, they do not even seem to recognise that they too have crossed a red line themselves, points out N Sathiya Moorthy.
'...to prevent this episode from disrupting ongoing cooperation.' 'The discovery of this plot had the potential to derail much of what has been achieved in the relationship during this administration's tenure -- I don't think that fact has been sufficiently appreciated in India.'
The CBI last month filed a first information report (FIR) against Wankhede and four others for allegedly demanding Rs 25 crore bribe in return of not framing Aryan Khan in the drugs case.
The FIR has been lodged against Prashant Kumar Umrao, a lawyer, whose verified Twitter handle says he is a spokesperson for Uttar Pradesh Bharatiya Janata Party, under various sections of the Indian Penal Code including those for provocation with intent to cause riot, promoting enmity and hatred, provoking breach of peace and statement leading to public mischief, police said.
Delhi deputy Chief Minister and AAP leader Manish Sisodia has been named as an accused in the case.
The government has amended rules under the anti-money law, making it mandatory for banks and financial institutions to record financial transactions of politically exposed persons (PEP).
Observing that it was dealing with a case which was an "exceptionally painful episode of our criminal justice system", the Supreme Court on Friday convicted former Lok Sabha MP from Bihar Prabhunath Singh in a 1995 double murder case, overturning the orders of the trial court and the Patna high court acquitting him.
It is suspected that detection of alleged irregularities in a fisheries project led to the incident.
D'Souza's anticipatory bail plea was rejected by special CBI judge S M Menjonge.
An earnest attempt at uncovering the truth behind the match-fixing saga, but fails to highlight any new information.
Despite the objections raised by Reserve Bank of India and Election Commission, India's politics has been funded anonymously and it is time to end this, asserts Aakar Patel.
The Delhi Police sent multiple teams to nab the man, who had allegedly urinated on his female co-passenger on an Air India flight on November 26 last year, but he was absconding, officials said on Thursday.
If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.
Sources said Rujira had reached Netaji Subhas Chandra Bose International Airport in Kolkata with her two children around 7am before being stopped before immigration.
The industry came under scrutiny after the proliferation of games like cards, casinos, and fantasy sports among young people led to addiction and financial losses, with some reported cases of suicide.
The key risk factors would be anti-incumbency, small vote share swings causing large impact on outcomes and the 2004 example.
An amendment carried out in the over 30-year-old Prevention of Corruption (PC) Act, 1988 in July 2018 bars a police officer from conducting 'any enquiry or inquiry or investigation into any offence alleged to have been committed by a public servant' without 'the previous approval' of the authorities.
The Central Bureau of Investigation (CBI) on Tuesday started its investigation into alleged criminal negligence leading to the Balasore train accident which claimed 278 lives after registering a first information report (FIR), officials said.
The details of FIR made public on Monday show that independent witness K P Gosavi and one Prabhakar Sail, now deceased, were included by the NCB in the Cordelia cruise ship drug raid on October 2, 2021 on the directions of Wankhede.
The anti-encroachment drive by Jammu and Kashmir administration intensified on Saturday as the land illegally occupied by 'influential persons' was retrieved at many places in the valley, officials said.
The Supreme Court on Monday allowed new Central Bureau of Investigation Director Anil Kumar Sinha to take charge of the investigation and prosecution in the 2G scam cases, over three weeks after it had removed his predecessor from the probe following allegations of trying to protect some accused.
It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.
The most important step is delivering what is needed -- a fairer IPO pricing, notes Debashis Basu.
