The Qatar Investment Authority deal follows Byju's raising money from the Canada Pension Plan Investment Board, which was also the first direct investment by the Canadian pension fund in an Indian start-up. In March, Byju's had raised $540 million at a valuation on $5.4 billion, making it the most-valued ed-tech company in the world.
The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.
'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.
It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.
Three years and Rs 28,710 crore worth of transactions later, it has more than double the number of sellers than Flipkart.
Talismanic captain Sunil Chhetri scored in his milestone appearance but India lost 1-3 to higher-ranked Curacao in their opening match of the King's Cup football tournament in Igor Stimac's first game in charge, in Burirasm, Thailand, on Wednesday.
100-day agenda: Commerce ministry pushes for separate logistics department
Hindustan Unilever Ltd, India's largest personal care product maker, on Tuesday reported a better-than-expected increase in its September quarter net profit and revenues, signalling a revival of demand following the world's biggest lockdown.
Two individuals filed the petition in the high court of Andhra Pradesh
Trump is accompanied by First Lady Melania, daughter Ivanka, son-in-law Jared Kushner and the top brass of his administration.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
Some unions have opposed EPFO investing in share markets.
'We need to take steps towards ease of doing business.'
A glance back at some important events that occurred in 2018.
The bourse's valuations may get a boost, as it gets set for its OFS of about Rs 10,000 crore.
Benchmark share indices ended flat amid lack of investor participation even as gains in IT majors ahead of their second quarter earnings helped capped downside.
At the time of filling the KYC (Know Your Customer) documents (when joining), do not sign wherever you are asked to. In particular, look closely at the power of attorney (PoA) section, experts tell Sanjay Kumar Singh
Behind the movement are shock-workers functioning quietly to ensure that a seemingly spontaneous, apolitical, grassroots mobilisation sustains itself without dribbling into chaos or violence. Sai Manish lists some of them.
The intelligence wing of Central Board of Excise and Customs has 532 officers and staff, he said, adding, the staff strength of DRI will double when cadre review is completely rolled out.
Five key capital market announcements from the previous Budget.
All listed firms were required to have at least one woman director on their boards from April 1, 2015, as per a Sebi directive.
Risk aversion is currently a dominant depressant to economic recovery, points out Shankar Acharya, former chief economic advisor to the Government of India.
All stakeholders in the diamond industry chain from mines to retailers have to follow a system of warranty under which they have to individually declare in the invoices they issue that what they have sold are not conflict diamonds.
The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
The Bombay Stock Exchange, in collaboration with the Taqwaa Advisory and Shariah Investment Solutions -- Tasis -- has launched an Islamic index in a bid to woo more investors from India and overseas.
Both have been robustly muscular leaders who began as immensely charismatic politicians conveying an impression that they were makers of history, raring to go. Both have been hyperactive on the world stage. But in the final analysis, Abe is departing on a sombre note, unceremoniously and apologetically, observes Ambassador M K Bhadrakumar.
The South Carolina governor has become the first woman and minority to join Trump's administration.
Experts said the 20 per cent drop in the market poses a challenge for companies that have set the ball rolling on their IPO plans as valuations will now have to realign. This could entail more dilution or lowering of the issue size.
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
SEZs account for just about a third of India's merchandise exports (and roughly the same proportion of services exports). Yet, the notion of creating global manufacturing centres of the kind that propelled China to superpowerdom retains a durable appeal within the Indian policy-making establishment, notes Kanika Datta.
I-T department is investigating 20 listed companies suspected to have falsely claimed long-term capital gains tax exemption
Crisil's experience is that these reports improve volumes for the companies covered.
The film is set to release next Friday, June 17, but the makers of Udta Punjab are busy fighting the censor board.
Without naming National Stock Exchange, MCX-SX also said that its rival was killing competition by offering free trading in currency derivatives, and thus making it difficult for it to get business and investors.
MCX said it has no exposure to crisis-hit NSEL, which has to settle dues worth Rs 5,600 crore to investors after it suspended trading.
'Rather than abolishing stamp duty as STT is already levied on all transactions, the government has de-facto imposed a state STT in the guise of stamp duty'
This is prime minister's second visit to Bhutan and the first since his re-election.
'The people, media and politicians are ready to listen to the troubles of Kangana Ranaut, but we are unwanted lives in the heart of Delhi.' Shine Jacob reports.
She resigned soon after her husband and SAD president Sukhbir Singh Badal strongly opposed the bills in Lok Sabha on Thursday night, claiming these proposed legislations will "destroy" the agriculture sector in Punjab, and announced that Harsimrat Kaur Badal will quit the government in protest against these three bills.
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