Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
After Raghuram Rajan leaves, the world for the succeeding RBI governors will be distinctly different.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
The Assam-Mizoram violence is an outcome of BJP trying too hard to 'integrate' distinct northeastern states, explains Shekhar Gupta.
If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.
The drive is undertaken a day after Delhi Bharatiya Janata Party chief Adesh Gupta wrote to the party-ruled North Delhi Municipal Corporation (NDMC) to identify illegal constructions of 'rioters' in Jahangirpuri and demolish them using bulldozers.
IMAGES from the FIFA World Cup semi-final between France and Morocco, played at Al Bayt Stadium on Wednesday.
Officials also said that sufficient steps have been taken to control air and noise pollution during the construction work for the new parliament building, which will have separate offices for all MPs and those will be equipped with the latest digital interfaces as a step towards creating 'paperless offices'.
Kane's diving header made it 2-0 in the 37th minute to send Tottenham's fans into delirium.
Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.
PeTA has opposed the upcoming Kambala festival on grounds of cruelty to animals. Calling for banning the sport, it said the agitators have taken a leaf out of the pro-Jallikattu protesters' book.
Banerjee, in the presence of locals, asked district magistrate Sharad Dwivedi to make arrangements to bring the garments to the venue at the earliest.
This assurance was given by home minister Amit Shah to a delegation of sarpanch and panch from Jammu and Kashmir who met him on Tuesday.
'My health is fine but I am getting admitted to hospital on advice of doctors,' tweeted Shah after testing positive for COVID-19.
It was not immediately clear when Garg submitted his voluntary retirement scheme application to the government. It was also not known if the government would accept the application. If he hadn't applied for VRS, he would have retired from government service at the end of October 2020 on attaining of 60 years of age. Garg did not answer phone calls seeking his comments.
As England tightened their grip on Euro 2024 qualifying and France maintained their perfect run, hosts Germany's troubles deepened.
AAP leaders, accused of violating prohibitory orders in New Delhi and obstructing public servants in discharge of their duty during an agitation were on Monday directed to appear before a Delhi court on May 15.
The President has begun studying Constitutional and Presidential precedents in anticipation of a fractured mandate in next year's general election, reveals R Prema.
Project Vivaan won big at the Solar Decathlon, placing second overall (and missing the first position by a whisker). Members of the award-winning Team Shunya tell Mrigank Warrier how they built a carbon-neutral, water-neutral, energy-positive home for a family of four.
The system lay centered at 5.30 am over Southeast Bay of Bengal, about 450 km west-northwest of Car Nicobar (Nicobar Islands), 380 km west of Port Blair (Andaman Islands), 970 km southeast of Visakhapatnam (Andhra Pradesh) and 1030 km south-southeast of Puri (Odisha).
When asked if he sees himself back in Chicago, he said, "Yeah, Chicago has been kind to me over my history".
United States Secretary of State Antony Blinken has warned China that its 'material support' for Russia's war against Ukraine would attract sanctions and condemned the 'unacceptable violation' of American sovereignty by a Chinese spy balloon as he met Beijing's top diplomat Wang Yi.
The Delhi high court on Tuesday refused to grant bail to former Jawaharlal Nehru University student Umar Khalid in a Unlawful Activities (Prevention) Act (UAPA) case related to alleged conspiracy behind the riots here in February 2020.
Among the panels announced on Thursday is the Appointments Committee of Cabinet (ACC) to be headed by the prime minister with Shah as the other member.
The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.
Sukanya Verma gives us a lowdown on all those wonderful movies she saw and movies you need to see as and when they arrive to a screen or streaming space near you.
The way the present government has dealt with appointments of civil servants remains to be a cause for concern.
Defence Secretary Mattis said he cannot certify that Islamabad has taken 'sufficient actions' against the dreaded Haqqani terror network.
Train services of Eastern Railway were affected as irate supporters of Sourav Ganguly put up a blockade protesting his exclusion from the ODI squad.
'If the Citizenship Bill passes, then the very principle of Indian citizenship, which is called jus soli (right of birthplace) will convert to principle of jus sanguinis (right of blood) on the basis of religion.' 'Citizenship is being given on the basis of religion and it is against the Constitution.'
'Nobody will be saved if you don't stop this ideological and political-strategic bulldozer.'
The RBI is understood to be dithering since it would want more clarity on the cost of the fiscal policies the new government would undertake before it decides to cut rates, even though it has pencilled in a lower gross domestic product growth rate for this fiscal year.
Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.
Lashkar-e-Tayiba terrorist Yousuf Kantroo, one of the longest surviving terrorists in the Kashmir Valley, was among three terrorists killed in Baramulla district on Thursday.
'I have voted in several elections and now this is the first time I have been told that my vote is not here'
'If the nub of India's sensitivity over the Chinese presence in Doklam is the enhanced threat to the Siliguri Corridor, a vital link to the northeast, does it serve the national purpose to have the districts along it, and then much of the tribal northeast, in turmoil?' asks Shekhar Gupta.
Several trains were cancelled, highways and key roads blocked and many thousands stranded for hours on Monday as a nationwide 10-hour shutdown against the Centre's three agri laws disrupted lives across parts of India, particularly in the north.
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
Just hours before voting in the second phase of Gujarat assembly polls on Monday, Congress sitting MLA Kanti Kharadi from Scheduled Tribes reserved Danta seat in Banaskantha district in North Gujarat has claimed that he was assaulted by the Bharatiya Janata Party candidate Ladhu Parghi.
Severe cyclonic storm Tauktae that is hovering over Saurashtra in Gujarat would move north-northeastwards and weaken gradually into a cyclonic storm during next three hours, informed the India Meteorological Department (IMD).
