Karnataka high court on Wednesday refused to stay an emergency shareholder meeting called by select investors of Think and Learn Pvt Ltd -- the owner of Byju's -- to oust the company's Founder and CEO Byju Raveendran and his family from the leadership in the edtech firm. Byju's had approached the Karnataka HC seeking a stay on the EGM but the court only gave an interim relief that any resolution passed at the EGM on Friday cannot be implemented before the next court hearing. "It is further submitted that the conditions for convening the Extraordinary General Meeting (EGM) are not complied and no notice is issued as contemplated under Section 100 (3) of the Companies Act 2013," the court order said.
Sindhu uplift her spirits by going go-karting.
Injuries are mentally challenging, delighted to be back in competition: Mirabai Chanu
koda Auto India is set to drive in a new car by the first half of next year to reach its target of 100,000 unit annual sales in the country by 2026. The compact sports utility vehicle (SUV) will be positioned against the likes of Maruti Brezza, Hyundai Venue, and Kia Sonet, and would be competitively priced, a senior company official said. koda will also export the car to right-hand-drive markets like Australia, New Zealand and the Asean nations.
ICICI Lombard General Insurance Company reported financial improvement and optimistic commentary in Q4FY24. It reported 17 per cent year-on-year (YoY) growth in Gross Written Premium (GWP) and 115 bps improvement in the Combined Ratio (COR) in FY24, and improved COR guidance with COR going from 104.5 per cent in FY23 to 103.3 per cent in FY24, 102.4 per cent in FY25 and 102.0 per cent in FY26.
The women's doubles pair of Treesa Jolly and Gayatri Gopichand lost to top seeds Chen Qing Chen and Jia Yi Fan of China 18-21, 11-21.
In other India-related results, it was curtains for Ashmita Chaliha, who lost 17-21, 16-21 to Indonesia's world no. 7 Gregoria Mariska Tunjung in 35 minutes. Both teams had received a bye in their opening match.
Double Olympic medallist PV Sindhu survived some tense moments before progressing to the women's singles second round, but it was curtains for Lakshya Sen and Kidambi Srikanth in the men's singles at the Badminton Asia Championships, in Ningbo, China, on Wednesday.
PV Sindhu considers Saina Nehwal as her role model and wants to follow in her footsteps by breaking into the top-10 of the world rankings.
Indian women's doubles pair of Treesa Jolly and Gayatri and Gayatri Gopichand also improved two spots to the 17th position.
'An unforgettable moment meeting Tim Cook on keynote day at Apple Cupertino! Thank you for having me, Tim. It was a pleasure to see the stunning Apple Park and to meet you! I will gladly take you up on the offer to play badminton when you visit India next.'
B Sumeeth Reddy and Ashwini Ponnappa, however, suffered a 21-23, 21-13, 12-21 loss against Korean pair of Song hyun Cho and Lee Jung Hyun in their mixed doubles opening round.
'Sippin' on this coffee brew, trying to shake off my koala-style slumber, and praying it'll give me more kangaroo bounce in my step and improve my smashing skills!!'
Indian men's team failed to defend its title after going down fighting 1-3 to China
India's biggest sporting legends Sachin Tendulkar, Abhinav Bindra and Vishwanathan Anand hailed PV Sindhu for her valiant performance in the Olympic final against world number one Carolina Marin. Abhinav Bindra in his message for Sindhu said that he wasn't as heartbroken after missing out on a medal himself as he is today (Saturday). India's only individual Olympic gold medallist tweeted: "I think I'm more heartbroken today (after Sindhu's loss in final) than I was a week ago! Well played @Pvsindhu1 you are an inspiration to me!"
Star Indian shuttler Lakshya Sen will have a new coach after the Paris Olympics, said his mentor and former India coach Vimal Kumar, who has taken over the duties till the Summer Games.
Two-time Olympic-medallist P V Sindhu made a winning return from a lengthy injury lay-off as India stunned formidable China 3-2 in the women's competition of the Badminton Asia Team Championships in Shah Alam, Malaysia on Wednesday.
A notice, uploaded on the apex court website, said the bench will hear the matter on October 4.
Amid better semiconductor chip supplies, the Indian automotive industry posted an 8 percent growth in production of vehicles across categories for the month of May, with three-wheelers (20 per cent) and passenger vehicles (16 per cent) leading the pack. Exports, however, dipped 21 per cent at an industry level. The industry also recorded its highest-ever May wholesales of domestic passenger vehicles (334,802 units), riding on high demand for sport utility vehicles (SUVs) and better supplies of semiconductor chips.
Here are some photographs from the Opening Ceremony:
Auto industry volumes have grown by 2.5 per cent overall, led by domestic sales of three-wheelers, two-wheelers and passenger vehicles (PVs) in the first quarter of this financial year. Analysts predict an 18 per cent growth in revenues for automotive original equipment manufacturers (OEMs) and profit growth of 69 per cent year-on-year (YoY). However, on a sequential basis, a decline in revenues as well as earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins is expected.
Indian Mithun Manjunath stunned fourth seed and world number seven Kean Yew Loh of Singapore in the opening round while PV Sindhu and Kidambi Srikanth secured straight-game wins.
HS Prannoy and PV Sindhu marched into the pre-quarterfinals of the Swiss Open Super 300 badminton tournament in Basel.
India had a mixed day at the Madrid Spain Masters with PV Sindhu marching into the semis and Kidambi Srikanth's campaign coming to an end.
After clocking losses for seven straight quarters, Tata Motors on Wednesday posted a consolidated net profit of Rs 3,043 crore in the third quarter (Q3) of 2022-23. This came on the back of a strong order book, better semiconductor chip supply, tempered commodity prices, and a better product mix. "We remain cautiously optimistic about the demand situation, notwithstanding the global uncertainty.
Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.
Sindhu took 38 minutes to prevail over her recent nemesis from Indonesia 21-19, 21-15
Chief national badminton coach Pullela Gopichand on Monday singled out world number one doubles pair of Satwiksairaj Rankireddy and Chirag Shetty as favourites for an Olympic medal and said two-time medallist PV Sindhu too is on the right path and can deliver once again at the Paris Games.
Because billions of people around the world will be watching these brand ambassadors, what they wear during the Olympics is highly regimented, leading to complicated wardrobe changes.
Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.
Let's delve into the five most notable sporting accomplishments that India has achieved post August 15, 1947.
The core of the team remains the same with HS Prannoy, Lakshya Sen and Satwiksairaj Rankireddy and Chirag Shetty in good form and the Indian team would hope the rub of the green also goes their way when it begins campaign on Thursday.
Lakshya Sen, who won both his matches to play his part in the silver medal-winning effort in men's team event, too dropped one spot to world number 15. Kidambi Srikanth gained a spot to 20th.
HS Prannoy climbed up two spots to achieve a career-best world number seven
Satwiksairaj Rankireddy and Chirag Shetty gained a place to achieve a career-best ranking
"She will need to be at her best for next year which will have Asian Games and also the 2024 Paris Olympics qualification, playing about 22 tournaments will be tough, so she is taking extra care,"
Maruti Suzuki India (MSIL) - the market leader in small cars - is eyeing the top spot in the sports utility vehicle (SUV) segment within a year - with a 33 per cent share of the pie. The company has been selling two SUVs - the Brezza and the Grand Vitara - and will start deliveries of the Jimny and the Fronx from March-end, and has set a target of growing its share from the current 11.5 per cent of the SUV market to 33 per cent by the end of 2023-24. The SUV segment is roughly about 42 per cent of the total passenger vehicle market, or around 1.3 million units.
Cricket Association of Bengal president Sourav Ganguly along with Mumbai Cricket Association joint Secretary Dr PV Shetty are the two erstwhile Indian Premier League governing council members deemed eligible to attend Monday's auctions, but the former captain is not going to be present.
The government has decided to hold off introducing the production-linked incentive (PLI) scheme for additional sectors until it verifies the efficacy of existing initiatives. Top government officials have received mixed feedback on the scheme, including insights from the Economic Advisory Council to the Prime Minister, people aware of the matter said. "There are no new PLI schemes in the offing.
Ace shuttler PV Sindhu on Sunday offered prayers at Mahankali temple in the old city of Hyderabad.
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