BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
'Data-dependence means you can raise or drop rates. The present stance is only for raising rates.'
Only a small percentage of passengers who traveled on the trains involved in the June 2, 2023 accident in Odisha had availed of travel accident insurance while booking their tickets online on the IRCTC portal.
...She does not have the acting heft, of say Sridevi in English Vinglish, or Vidya Balan in Tumhari Sulu, observes Deepa Gahlot.
Arguably the greatest slow left-arm bowler that the world has ever seen, Bishan Singh Bedi left an indelible impression in minds of many with a character to die for.
AAP alleged that the BJP had struck a deal with the "conman sitting in Tihar''.
'I guess things happen when they have to happen.' 'And the film got delayed by COVID a little bit. But yeah, it's been a decade which I do not regret.' 'I feel like I have grown so much, as an artist, as well as just a human being.' 'So much life experience to channel into films that I think is an advantage almost.'
After assuring shareholders that Byju's is on a strong footing, Chief Executive Officer Byju Raveendran, after much delay, spoke to employees in a townhall session. In his first-ever address to employees since problems began at Byju's, Raveendran spoke about the resignation of auditors and board members, the Term Loan B dispute, and the future of educational technology (edtech). Raveendran also asked his team to 'rise above the noise' and work with resilience and determination.
Directed by Vasan Bala, the murder mystery will stream on Netflix from November 11.
'Gold prices thrive on volatility and more so when the stock markets trend downward.'
While Shah Rukh Khan was away in Dubai attending the opening ceremony of the DP World International League T20, his family was partying with Kajal Anand, who celebrated her birthday over the weekend.
'The cost of financing the fiscal deficit will decrease, as new passive investors join in.'
A five-judge constitution bench headed by Chief Justice DY Chandrachud said the term "administration" with regard to powers of the lieutenant governor cannot be understood as the entire administration of Delhi.
Punjab National Bank on Monday allayed concerns about its exposure to Adani companies and noted that its loans to the group are diversified into 8-9 companies, which are generating sufficient cash. Atul Kumar Goel, the bank's MD & CEO, in a post-earnings call said total exposure to Adani group, so far, stands at Rs 7,000 crore, of which Rs 2,500 crore is in the airport sector. He further said there is "no worry as the exposure is not very big" and that the bank is keeping an eye on the development that is taking place.
Chandrashekar rejected the allegations of AAP leaders that he was trying to malign the image of the party and its leaders at the behest of the Bharatiya Janata Party ahead of the Delhi Municipal Corporation election in Delhi.
The Indian youngsters were rewarded for their good form as they were named in India's Billie Jean King Cup squad.
The Law Commission said it values the input of all stakeholders and aims to create an "inclusive environment that encourages active engagement".
'Politics is a game of public perception and my father felt that by his long disappearances, Rahul Gandhi was losing the battle of perception.'
The Delhi Assembly on Friday suspended Bharatiya Janata Party MLA Jitender Mahajan from its one-day special session and also marshalled out BJP legislators Anil Bajpai and Mohan Singh Bisht for allegedly disrupting the proceedings of the House.
This is in contrast to a Supreme Court judgment of March which said the panel should comprise of the prime minister, the leader of opposition in Lok Sabha and the Chief Justice of India.
The restaurant, 'Curlies', located on Goa's famous Anjuna beach, was in news recently after Phogat was found partying at the outlet hours before her death.
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
More companies are harbouring aspirations to go public, following a sharp market rebound after June's nadir. In August, seven companies expecting to raise a cumulative Rs 10,425 crore filed their draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi). The amount they are looking to mop up is the highest since March, when 13 companies filed their DRHPs to raise a combined Rs 19,494 crore, reveals data provided by PRIME Database - a source of comprehensive information on all capital market offerings.
Kingfisher chief Vijay Mallya walked into the corporate head office of Jet at S M Centre in Andheri to discuss the issues of common interest with Naresh Goyal, as both the airlines are losing an estimated up to Rs 20 crore a day.
Special Judge Geetanjli Goel extended Jain's custody till June 13 on the ED's application that sought his further custody for five more days.
The municipal House failed to elect a mayor on Monday after a ruckus erupted over the nominated members being allowed to vote in the election to the post.
The Securities and Exchange Board of India (Sebi) has proposed to put a stop to the practice of certain directors occupying permanent board seats at listed companies. The regulator has suggested that the directorship of any individual serving on the board should be subject to periodic approval from shareholders, at least once in five years. In a discussion paper issued on Tuesday, Sebi said a few promoters enjoyed permanency on the board, giving them an undue advantage, prejudicial to the interests of public shareholders.
'If something unfortunate happens to an earning member, the family loses the crucial income which would have gone towards paying off debts, meeting the cost of children's higher education, or towards the upkeep of elderly parents.'
Kandula, 23, was struck by a police vehicle driven by Officer Kevin Dave when she was crossing a street in Seattle on January 23.
Salman Khan's youngest sister Arpita Khan and her husband Aayush Sharma hosted Ganesh Chaturthi celebrations at their home in Mumbai.
Realty major DLF's chairman Rajiv Singh remains the wealthiest Indian real estate entrepreneur with a wealth of Rs 59,030 crore, according to GROHE-HURUN India. With a wealth of Rs 42,270 crore, Mangal Prabhat Lodha and his family of Mumbai-based Macrotech Developers (Lodha Group) is at the second position. Arjun Menda & family of Bengaluru-based RMZ Corp debuted at the third position on the list, with a wealth of Rs 37,000 crore.
Delhi Legislative Assembly Speaker Ram Niwas Goel said that the tunnel connects the legislative assembly to Red Fort and was used by the Britons to avoid reprisal while moving freedom fighters.
Term insurance policy premiums are set to rise by 25 to 30 per cent with Munich Re, the largest reinsurer for the Indian insurance market, increasing its rates for underwriting portfolios of pure protection plans by up to 40 per cent. According to a senior executive of a private life insurance company, the global reinsurer has communicated its decision about increasing rates. About 8-10 insurance companies have been informed about the move, sources said.
Companies don't have to be in the field to nudge people to return money they owe lenders.
The Delhi mayor election was stalled on Tuesday for the second time this month as the House was adjourned indefinitely by the LG-appointed presiding officer following a ruckus by some councillors.
An initiative to fund the education of bright Indian youngsters undertaken by two Indian-Americans has now acquired a momentum of its own, discovers Anjuli Bhargava.
President Droupadi Murmu, Prime Minister Narendra Modi and other leaders celebrated Raksha Bandhan on Thursday.
As Vijay Goel began speaking on the "poor quality and unsafe water" in Delhi, AAP's Sanjay Singh started countering him in a loud voice.
Prison officials said he was admitted to the ICU of the hospital two-three days ago.
A row involving the BCCI erupted on Tuesday after it emerged that only 'halal' meat has been recommended for the Indian cricketers during their stay in Kanpur for the first Test against New Zealand, starting on Thursday.
