Byju Raveendran, the founder and chief executive officer of the beleaguered edtech firm Byju's, said the company credited all pending January salaries to employees over the past few days. This was communicated to the employees in another letter sent on February 4. Byju's has about 15,000 employees. "I know you were told that you would get your salaries by Monday.
It looks like he struck an instant chord with the people, with the voters rewarding the Congress with a comfortable majority of 136 seats in the 224 member Karnataka Legislative Assembly for which elections were held on May 10, and the votes counted on Saturday.
Talking about home loan rates, there is good news for borrowers.
'I felt very, very good sitting on the hot seat. It's a different feeling altogether.'
Rohit Sharma on Sunday admitted that the biggest challenge in front of his side would be to play in different conditions over the course of the World Cup.
A few important factors to keep in mind while applying for a home loan, and strategies to manage it, whatever your age.
Australia's batsmen must balance aggression with discipline to combat India in the third Test in Sydney after being pinned down by their bowlers in the first two matches, number three Marnus Labuschagne said.
'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'
The actor, who has been catapulted to the national spotlight for his work in helping stranded labourers, has refuted reports of his political motivations and says his work with the migrants is because of his love for them.
A mortgage is a great responsibility that you must bear on able shoulders for a long period of time. If you already have a mortgage or are planning to avail of one soon, you are obviously confident of your finances, but a few tips to save money on your home loan couldn't hurt, right? Read on to find out more!
ICICI Bank is offering the salaried having an account with it, credit from Rs 500,000 going up to Rs 1 crore against property owned by them
A pan-India 'fraud-to-phone' network has been busted by security agencies, which have also arrested eight people and seized nearly 300 new mobile phones bought with stolen funds, officials said on Tuesday. Moreover, 900 mobile phones, 1,000 bank accounts and hundreds of unified payment interface (UPI) and e-commerce IDs of this gang have been identified and are under investigation. Nearly 100 bank accounts, and debit and credit cards have been frozen by the security agencies so far, officials said.
Who do you think should be in India's playing XI for the first Test against the West Indies?
The finance ministry on Thursday sought to clarify that there was no distress in household savings and the data indicated that changing consumer preference for different financial products was the real reason for the change in the pattern of household savings. The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its lowest in decades, at 5.1 per cent of GDP in FY23 compared to 7.2 per cent of GDP in FY22. The divergence in the data for household gross financial assets and liabilities is not a cause for concern for the government, as the loans have largely been taken to buy real assets or automobiles, the finance ministry said.
Former India captain Rahul Dravid was unanimously appointed Head Coach of Team India's senior men's team by the Cricket Advisory Committee, comprising Ms Sulakshana Naik and R P Singh, on Wednesday.
From moments that felt long time in the coming to swashbuckling statements that could be interpreted in more ways than one, there are some that fanned our nostalgia, some made our jaws drop (or stomachs churn), some hit too close home, still others left us with a lingering sense of guilt. Sukanya Verma picks cinematic imagery that stood out in 2023.
International Finance Corporation will put in $200 million and HDFC will contribute $600 million to create $800-mn corpus for affordable homes
The Bharat Nyay Yatra will be mostly covered by bus along with short stretches of walking.
The sharp correction in the Indian markets from their peak levels has made valuations attractive, say analysts, who advise buying selectively, but only from a long-term perspective. Fifty-six of the Nifty 100 stocks, according to Mahesh Nandurkar, managing director at Jefferies, now trade below the 10-year historical averages, including stocks in financial, select auto, and pharma sectors. "Valuation (one-year forward consensus price-to-earnings, PE) has declined 25 per cent from October 2021 peak, almost matching the 33 per cent price-earnings contraction during the 2011 tightening cycle when repo rates went up by 375 basis points (bps) versus 250 bps this cycle.
With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Their reasons for the advice include risks like the possibility of a cut in corporate earnings growth forecasts, high valuation (one-year forward P/E of 19.5x), interest rates staying elevated for longer-than-expected and credit tightening. Going ahead, they expect the Nifty50 index to drop to 16,000 levels - down nearly 12 per cent from the current level of 18,255 points, which they believe would be a good time to buy.
India have never won a Test series on South African soil and Kohli's men will go all out to be the first team to achieve the feat.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
"He is the best person for India. He is doing everything to uplift the country," Dr Bhola Nath Rama said, with a tricolour fluttering in his and his wife Sunita Rama's hands.
Disappointed not to get gold but bronze means a lot: Prannoy
She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.
The lower interest rates charged by the State Bank of India (SBI) are contributing to a growth in its home loan portfolio at a time when the sky-rocketing real estate prices have slowed the credit demand. While fresh loans for buying houses are growing albeit at slow pace, buying out other banks' home loans is helping the public sector bank to strengthen its home loan book.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
Congress' good show was a "Janata Janardhana Victory", he said, crediting the people for the party's apparent return to power as it established a clear lead ahead of its rival BJP.
Sukanya Verma recaps all those events from 25 years ago.
Before taking the plunge and being a co-applicant, make sure that you are aware of the rights and responsibilities that come with it!
At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.
Six months after storming out of the Baroda team hotel due to his argument with Krunal, Hooda joined Rajasthan ahead of the 2021-2022 season as a professional, but such was his frame of mind that Hooda never spoke money with the RCA officials.
'Me and my family along with Sarfaraz have given our entire life towards this dream.'
India has entered the final of the Thomas Cup for the first time since the tournament began 73 years back.
Star paddler Sharath Kamal continued his sensational run to reach the finals of both the men's doubles and mixed doubles events and assure India of at least two more medals at the 2022 Commonwealth Games in Birmimgham on Saturday.
Former England captain Kevin Pietersen took to Twitter to say "Greetings India. Everyone is united in the fight against coronavirus and that everyone should listen to their government's instructions and stay at home for a few days. This is time to be smart."
Customers can link their cards to banks' app and make payments after scanning a 'quick response' code.
Deepa Gahlot lists some 2023 movies that you need to watch if you haven't already.
Home loan rate for new customer is 9.9 per cent.
