With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
Apart from Sharad Pawar, the commission will also record the evidence of the then superintendent of police (Pune Rural) Suvez Haq, then additional SP, Sandip Pakhale and the then additional commissioner, Pune, Ravindra Sengaonkar, between February 21 and February 25.
Recently, Enforcement Directorate (ED) attached assets worth Rs 757.8 crore of Amway India Enterprises in connection with an alleged marketing scam. It claimed that Amway was running a multi-level marketing scam. The ED provisionally attached immovable and movable properties worth Rs 411.83 crore and bank balances of Rs 345.94 crore from 36 different accounts belonging to Amway. Data from the Department of Economic Affairs shows that in 2021-22 (until December 2021), ED had provisionally attached Rs 8,989.3 crore worth of assets.
Andrey Botikov, one of the scientists who helped to create the Russian COVID-19 vaccine Sputnik V, was strangled to death with a belt at his apartment in Moscow and police have arrested a suspect in connection with the murder, according to a Russian media report on Saturday.
Also, the RSS was asked to ensure strict discipline and make sure there is no provocation or incitement on their part during the march.
Central Board of Excise and Customs Chairperson Vanaja Sarna said there will be genuine errors due to lack of understanding in the initial days. "CBEC has enforcement authorities and I have specifically said that the first three to six months are a go-slow.... I don't want small cases to be made," Sarna said at a CII event.
A favourite phrase of Indian politicians who wish to demonstrate that they are not using their political power to influence the judiciary and law enforcement authorities is: The law will take its own course. True, the law must take its own course, all the more so in the cases involving the infamous Reddy brothers of Karnataka.
All GST anti-profiteering complaints would be dealt with by the Competition Commission of India (CCI) from December 1 as the extended tenure of National Anti-profiteering Authority ends this month, an official said on Tuesday. A notification in this regard is expected to be issued by the finance ministry later this month, the official added. The National Anti-profiteering Authority (NAA) was set up in November 2017 under Section 171A of Goods and Services Tax (GST) law to check unfair profiteering activities by registered suppliers.
'If Israel had stuck to the peace accords, Hamas would have had no one to fight.'
Ambassador Daniel Benjamin, coordinator for counter-terrorism at the United States department of state, has made it abundantly clear that his office will not influence law enforcement authorities via any diplomatic lobbying to provide India with direct access to Lashkar-e-Tayiba operative David Coleman Headley. Pakistani-American Headley was part of the conspiracy for the horrific terror attacks that shook Mumbai on November 26, 2008 and left 166 people dead.
The complaint against CM's son Vaibhav Gehlot and a man described as the younger Gehlot's business associate seeks action under the Prevention of Money Laundering Act.
The Austrian city of Graz has been mapped using the cellphone information of users.
Khalistani separatist Lakhbir Singh alias 'Rode', a designated terrorist under the Indian law, has died recently in Pakistan, where he had taken refuge after his uncle Jarnail Singh Bhindranwale was killed in 1984 during an army action, officials said on Tuesday.
The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's and its CEO and co-founder Raveendran Byju and seized 'incriminating' documents and digital data as part of a foreign exchange violation probe.
The government has decided to extend the visa of noted Pakistani singer Rahat Fateh Ali Khan, who was detained by revenue enforcement authorities at the Delhi airport for allegedly carrying US $ 1.24 lakh.
'Imran Khan might actually get some initial leeway from the generals to pursue better ties with India -- but not beyond a point.'
A 62-year old Black male, initially identified as a 'Person of Interest' by the New York Police Department in the Brooklyn subway shooting, has now been named suspect in the attack that left 23 people injured, including 10 who were hit when he fired at least 33 shots with a nine mm handgun.
Pacer Mohammed Siraj had reported a 'corrupt approach" to BCCI's Anti Corruption Unit (ACU) from an unknown person, who wanted 'inside news' about his team before Australia arrived in India.
Modi wants the BJP to gets an additional 10% of the vote share from what it won in 2019. Plans are afoot to get new faces to replace MPs with poor chances of winning. Sources say more than 100 MPs are like to be axed, notes Modi biographer Ramesh Menon.
The police in northwestern Gansu province said in a statement on Sunday that a suspect surnamed Hong had been detained for "using artificial intelligence technology to concoct false and untrue information".
An Indian engineer was among nine people killed when a gunman opened fire at a crowded mall in Dallas in the US state of Texas, authorities said on Monday.
Enforcement authorities for long have been able to track movements of people with the help of the cell phone used by them, but now researchers at the Massachussets Institute of Technology have electronically mapped a whole city.
There is a heightened security presence and barricades have been erected outside the Indian High Commission in London on Wednesday due to a planned demonstration called by some British Sikh groups.
The probe agency, while seeking Patkar's custody, also told the court that an offence of such magnitude was not possible without the "explicit complicity of senior functionaries" of the Brihanmumbai Municipal Corporation.
Two individuals flying on a Chicago-Amsterdam United Airlines flights were on Monday arrested in the Netherland on charges of 'preparation of a terrorist attack,' a media report said.
Delhi deputy Chief Minister and AAP leader Manish Sisodia has been named as an accused in the case.
Vice President Jagdeep Dhankhar on Thursday said "dangers are emanating from outfits", including some foreign universities, doubling up as centres of subversive anti-India activities out to demolish the country's civilisation ethos and sully and muddy its growth.
A UK court on Monday ruled that Sanjay Bhandari, an accused middleman and consultant in arms deals, can be extradited to India to face charges of tax evasion and money laundering.
The Karnataka high court has said abusive words used against the prime minister was derogatory and irresponsible but it does not constitute sedition, while quashing a case of sedition against a school management.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
'Every Indian who is concerned about the unity, integrity and the map of India should be worried about this growing divide.'
Days after the Supreme Court held as "illegal" the extension of ED Director Sanjay Kumar Mishra's tenure, the Centre on Wednesday moved the apex court seeking modification of its order to allow him to continue in office till October 15 in view of the ongoing FATF review.
Reacting to the horrific blasts that ripped through Bengaluru, India's third-largest software company, Infosys Technologies Ltd, said that it had increased security on its campus and that all its employees are safe.
Observing that biased reporting gives rise to public suspicion that the person has committed an offence, a bench headed by Chief Justice D Y Chandrachud said media reports can also violate the privacy of a victim.
The Supreme Court on Monday agreed to list a plea seeking review of its order upholding the Enforcement Directorate's powers related to arrest, attachment of property involved in money laundering, search and seizure under the Prevention of Money Laundering Act.
Any sex worker who is a victim of sexual assault should be provided with all facilities available to a survivor of sexual assault, including immediate medical assistance, in accordance with law, it said.
'But unlike Bond who killed an individual, Israel is killing a nation.'
Bobby Bedi who is currently producing a three-film series on the epic Mahabharat, at an estimated $70 billion budget, has complained to the United States Congress that enforcement authorities have been lax in dealing with peddlers of counterfeit Indian movies.
Will Vijay will go the most successful MGR/Jayalalithaa way, or that of Vijayakanth, Seeman or Kamalahaasan, or will he end up as another Rajinikanth who cries wolf at the last minute and quits the scene even before it all had really begun, asks N Sathiya Moorthy.
Senior Jamaat-ud-Dawah leader Nazir Ahmed, who has been under house arrest since early December in the wake of the Mumbai terror attacks, has been shifted from Rawalpindi to Lahore.A retired colonel in the Pakistan army, Ahmed was detained along with over 50 militant leaders in December last year, when the government launched a crackdown on the Jamaat and its parent organisation, the outlawed Lashker-e-Tayiba, in the wake of the Mumbai attacks.
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