Byju's is raising about Rs 2,200 crore ($300 million) as part of a larger round of new investment as the world's most valuable edtech company focuses on expanding its business in global markets and explores to do more acquisitions. According to industry sources, the new funding may value Bengaluru-based Byju's at $18 billion, up from a valuation of $16.5 billion in June this year. In June, Byju's became India's most valuable unicorn with a valuation of $16.5 billion, surpassing fintech company Paytm's $16 billion valuation.
This comes at a time when the COVID-19 crisis is expected to derail the government's revenue maths for 2020-21, hitting the mop-up from sources such as taxes and divestment.
An official said the government is preparing the financial statements and getting the data room ready for the sales, suggesting that such aspects take time.
'Whatever ED officers do -- issue summons, conduct searches or arrest a person -- they have to face the courts.'
The research, published in the journal Proceedings of the National Academy of Sciences, found that a significant portion of this ocean plastic debris is expected to make its way onto either beaches or the seabed within three to four years.
Monday's episode turns out to be an emotional one for the housemates in the Bigg Boss house.
Salary hike is fine but govt must reduce support staff to get its math right.
Share your crazy, fun pictures with friend/s along with a message for him/her.
'As the demand for transferable skills that can be remotely applied increases, the need for tech-based courses is on the rise/'
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
Tips by experts at TCYonline.com to help you to finish your paper well before time.
400 young Indians will make it to the prestigious National Defence Academy in Khadakvasla if they clear the NDA entrance exam on November 14.
A college student and a Communist Party of India-Marxist member, she was administered the oath of office by collector Navjot Khosa at the corporation council hall.
Ravi Kishan, the BJP's candidate, is an outsider. The BSP-SP candidate is from the powerful Nishad community. Yogi faces a tough task in ensuring that the Gorakhpur seat, which he represented from 1998 to 2017, stays with the BJP.
Modi said the Congress and its allies and the ecosystem created by them are standing up against the Indian Parliament.
200: Halla Ho's filmi treatment of events diminishes the impact of a fiery reality, says Sukanya Verma.
England impressively chased down an imposing target to beat South Africa by nine wickets
Sukanya Verma celebrates The Legend's 25 distinctly different moods.
Wearing all protective gears such as mask and gloves, the former India captain Sourav Ganguly visited the ISKCON city centre and promised support. Ganguly had earlier donated 20,000 kilograms rice at the Belur Math, the headquarters of the Ramkrishna Mission.
India is the second-largest technology hub for Amazon globally and its teams are powering innovations not only for customers in the country but globally as well, a top company executive said on Thursday. Speaking at Amazon India Career Day, Amazon global senior vice president and country head India Amit Agarwal said the e-commerce company employs over one lakh professionals in India across diverse areas from engineering, supply chain, content creation, marketing, video and others. "India is also the second-largest technology hub for Amazon globally, with some of the most talented software developers, product managers, machine learning scientists, and research scientists as part of the team," he said.
The BJP is banking on development. The opposition is raking up caste identities and the dangers of hyper nationalism.
Faced with a problem of suitable brides, Thamizhnadu Brahmin Association to cast net in UP and Bihar.
The government, it would seem, is reserving its firepower to spend on big-ticket items that will be announced in the Budget, reports Subhomoy Bhattacharjee.
'This (opposition to the project) is not just architects, but everyone needs to know more.' 'We need to be allowed to participate, maybe, you can ignore what we have to say, that's your decision.' 'At least follow the process.
Emma Raducanu is a symbol of Britain's multi-cultural society
The income tax department estimates total collection to be between Rs 10.5 trillion and Rs 10.7 trillion against the revised target of Rs 11.7 trillion.
Mr Modi and Mr Shah will need him if they want to win UP again in 2022 and India in 2024. This signals a Yogi Adityanath-sized change in BJP politics, even under Mr Modi, Shekhar Gupta.
Darul Uloom Haqqania madrassa, one of Pakistan's largest and oldest seminaries and dubbed as a 'university of jihad' by its critics for helping sow violence across the region for decades, has educated more Taliban leaders than any school in the world and its alumni now hold key positions in Afghanistan, according to a media report.
Modi said people, especially those involved in 'blue collared' jobs, would prefer to get employment near their homes. He suggested that artificial intelligence can be used help employers meet skilled workforce.
Four students from Oxford, including one from India, have released a study guide that will help lakhs of students aged between 12 and 18 learn English, Chemistry and Math at home.
HR Guru Mayank Rautela offers practical advice.
The Budget kept away from mood dampeners such as an increase in taxes (capital gain taxes) and even the much-feared introduction of Covid cess and wealth taxes, says Nimesh Kampani, chairman, JM Financial.
If the BJP is set to return to power in UP, Uttarakhand, Manipur and even Goa, it is not because of the party's performance or the quality of governance. No. It is essentially Modi's popularity, observes Virendra Kapoor.
The citation for his medal -- awarded at the International Congress of Mathematicians in Rio de Janeiro -- highlights his "profound contributions to an exceptionally broad range of subjects in mathematics" and his "strikingly far-reaching conjectures."
Bitcoin billionaires are well-known in the avenue of criminality.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Unpaused: Naya Safar holds on to a light-at-the-end-of-a-tunnel thought and looks at the pandemic-afflicted people from all walks of life through the prism of optimism in five poignant stories, notes Sukanya Verma.
The GST Council on Friday left taxes on COVID-19 vaccines and medical supplies unchanged after the BJP- and Opposition-ruled states sparred over whether tax cut benefits will reach the common man. Congress and other Opposition ruled states have been demanding a reduction in taxes but the central government felt the move may not result in tangible gains for people. "It is one thing to rush to say - do this, it will benefit the common man. But when the technical, fitment and law committees go into the details, you realise that that could have collateral impact on many others," Finance Minister Nirmala Sitharaman said. "I am not talking about the revenue generation aspect, but how many other items will get included in it as a result of which how you are going to implement it," she added.
Without naming anyone, Modi at a Constitution Day event in the Central Hall of Parliament hit out at family-based parties, describing them as 'party for the family, party by the family' and added, 'I don't think I need to say anything more'.
Byju's has quietly moved into other global markets such as the UK, Australia and New Zealand. It recently launched operations in Latin America.
