Former BharatPe chief Ashneer Grover has written to the company's board seeking action against CEO Suhail Sameer following his offensive remarks on social media and sought resignation of chairman Rajnish Kumar. In response to a comment by Ashneer's sister Aashima on a social media post by former BharatPe employee Karan Sarki, Sameer said "Behen- tere bhai ne saara paisa chura liya (Sister, your brother has stolen all the money). Very little left to pay salaries". Sarki in the post had raised the issue of sacking of old staff and non-payment of salaries.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
In a breather to the troubled edtech company, the steering committee of lenders has agreed to amend a $1.2 billion term loan with Byju's by August 3, 2023, the lenders announced on Monday. Successful execution of the amendment would "immediately" solve the loan's acceleration and end all open litigation while avoiding further enforcement actions, they in a statement. An e-mail sent to Byju's did not elicit a response.
Against the backdrop the Maharashtra Navnirman Sena's demand to remove loudspeakers from mosques, the Maharashtra director general of police on Tuesday instructed the officials to enforce the law and Supreme Court's guidelines on the issue strictly.
The All India Bank Officers' Confederation has condemned the purported "unsavoury attack" on SBI chairman Rajnish Kumar by Finance Minister Nirmala Sitharaman during a banking event last month in Guwahati. The association claimed that an audio clip has gone viral on social media that revealed the finance minister coming down heavily on the SBI chief, accusing him of poor credit uptick, during an outreach programme in late February.
The University Grants Commission (UGC) on Friday declared 21 universities as "fake" and not empowered to confer any degree, majority of which are in Delhi followed by Uttar Pradesh.
Maharashtra Director General of Police Rajnish Seth said Aurangabad police commissioner will take appropriate legal action against Thackeray over his speech against loudspeakers on mosques.
The Delhi high court on Wednesday sought to know from news channel Aaj Tak why it wanted to telecast the recording of narco analysis conducted on Aaftab Amin Poonawala, the man accused of strangling his live-in partner Shraddha Walkar and dismembering her body.
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.
Local train services came to a halt between Badlapur and Ambarnath section in Maharashtra's Thane district adjoining Mumbai due to water-logging on railway tracks after heavy rains, officials said.
The Delhi high court on Wednesday observed that the telecast of the recording of narco analysis conducted on Aaftab Amin Poonawala, the sole accused in the Shraddha Walkar murder, will prejudice the case and restrained all news channels from displaying or playing content of the charge sheet filed in the matter.
Late on Thursday, chief proctor Rajnish Kumar Mishra issued a notification saying the document on rules and discipline of JNU students is withdrawn, citing administrative reasons.
Senior Indian Police Service officer Sanjay Pandey was given additional charge as the Maharashtra director general of police (DGP) on Friday, an official said.
Tributes were also paid at the places targeted by terrorists including Chhatrapati Shivaji Maharaj Terminus, Cama and Albless Hospital, Hotel Taj Mahal Palace, the Oberoi Trident, Nariman House, the Jewish community centre, and the memorial of ASI Tukaram Omble who was martyred while overpowering Ajmal Kasab, the only terrorist who was captured alive.
'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'
Students can be imposed a penalty of Rs 20,000 for holding dharnas and face admission cancellation or a fine of up to Rs 30,000 for resorting to violence at Jawaharlal Nehru University, its latest rules stipulate.
The SBI board has given the largest lender an "in-principle" approval to invest in the capital-starved Yes Bank. The central board of SBI discussed the matter at a meeting on Thursday, it informed the exchanges.
The Maharashtra government has appointed former state acting DGP Sanjay Pandey as the new Mumbai police commissioner.
"The very fact that Pandit Jawaharlal Nehru believed that democracy has made revolution superfluous after independence and how it meant the complete opposite of a bloodless change," it said.
Maharashtra Governor Bhagat Singh Koshyari has asked state Director General of Police (DGP) Rajnish Seth to provide adequate police protection to the families and homes of rebel MLAs, a police official said on Sunday.
Kabaddi players participating in an event in UP's Saharanpur were seen with plates and containers having rice inside a toilet.
Excise department officials said brand registration is an ongoing process and more will be available in coming days.
The court also listed for hearing on November 18 bail pleas by other co-accused in the matter, including Khalid Saifi and Meeran Haider.
Maharashtra Governor Bhagat Singh Koshyari has written to Union Home Secretary Ajay Kumar Bhalla requesting that the adequate provision of Central security forces be made and kept ready if needed, and alleged that police remained a 'mute spectator' while offices and homes of some dissident MLAs were vandalised.
The high court said simply because the detenue has put his signatures in English on the documents does not by any stretch of imagination show that he understands English and as a consequence understood the grounds of detention and relied upon documents.
According to Rajnish Kumar, the government investments alone cannot achieve it and there is a need for huge investments in the infrastructure sector which would result in boosting the GDP.
'The company's transition from an individuals-driven private firm to a board-driven listed public one will be carried out in a well-thought-through and well-executed manner.'
The high court's observation came while hearing the bail plea of Khalid who has challenged a trial court's March 24 order dismissing his bail application in the case.
A bench of Justices DY Chandrachud and JB Pardiwala issued notice to Rajasthan and Chhattisgarh governments and said that no action be taken concerning the FIRs lodged in Raipur and at Sikar on the same cause of action.
Terms of the two dozen seats had expired last year though elections were deferred because of a delay in Panchayat polls which could not be held in time on account of the COVID 19 pandemic.
Imam in his fresh bail plea stated that since the apex court has put sedition (Sec 124-A) in abeyance, his case has improved for grant of bail.
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.
Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.
'It is very easy to invoke Bhagat Singh but difficult to emulate him... There was a gentleman who was eventually hanged .... He stayed there..., he did not run away. You are saying you weren't even there'
Walse Patil said MNS chief Raj Thackeray will also be invited for the meeting.
The incident took place outside the district hospital in Akbarpur where the hospital's fourth class employees staged a dharna by putting locks on the OPD on Thursday, Kanpur Dehat SP Keshav Kumar Choudhary said.
Reader Rajnish Mohan sent us this picture from Delhi.
In a video that went viral on Monday, minister Bisahulal Singh, who is contesting the November 3 assembly bypoll from Anuppur, was purportedly heard describing the second wife of Congress candidate Vishwanath Singh Kunjam as "mistress".
The Bombay high court on Friday said it will have to hear senior IPS officer and current acting director general of police of Maharashtra, Sanjay Pandey before passing an order on a petition seeking permanent appointment of an officer to the post.
The country's largest lender, SBI on Tuesday said it has cut savings rate by 25 basis points, or 0.25 per cent, to 2.75 per cent on all deposits. The new rate will come into effect from April 15, 2020.
