Chennaiyin FC beat Tribhuvan Army 3-0 to enter quarter-finals
The legal battle between Byju's and lenders in the US on the edtech firm's $1.2-billion term loan B (TLB), along with the company skipping an interest payment of $40 million on the loan, has made the other investor Davidson Kempner Capital Management, "extremely concerned", according to the people familiar with the matter. They said Byju's has closed a Rs 2,000-crore ($250 million) round from the US-based investment firm and it may stop or consider slowing down the flow of various tranches of that capital to the company. It may also decide not to provide any new funding or participate in any such round in the future, the sources said.
'Which fund manager in the world will put money into a company that hasn't filed its annual account?'
Esports to breakdancing, Hangzhou will set the trend for future of sport
Leading scientists and experts said this monumental accomplishment not only marks India's indelible imprint on lunar exploration but also demonstrates the prowess of human collaboration, determination, and cutting-edge technology.
India's schedule on Day 4 of the Asian Games on Wednesday, September 27.
'He has scored one fifty in five matches, and it was a scratchy fifty against Netherlands.'
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.
Mrinal Kutteri scored a perfect score of 720/720 in the National Eligibility cum Entrance Test Undergraduate (NEET UG) 2021.
Serum Institute of India (SII) and Bharat Biotech have also stopped producing the Covishield and Covaxin vaccines respectively.
Indian Army soldiers posted along the Line of Control in Akhnoor light candles on Dhanteras.
A common mistake students make is either they don't have a focussed strategy or there are too many gaps in the study plan, warns Dr Rajesh Pandey, Academic Head, Engineering, Aakash Byju's Digital.
The international award-winning series Delhi Crime returns for a second season, and certainly called for a special screening that no one wanted to miss!
Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn. Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed. In a letter sent to the board of Think & Learn Pvt Ltd (known as Byju's), Deloitte said it has not been able to start an audit due to the delays and that will have a "significant impact" on its ability to "plan, design perform and complete" the audit as per standards.
Sisi will be the first Egyptian President and the fifth leader from the Middle-East to grace the Republic Day celebrations as the chief guest. He is scheduled to arrive in India on January 24.
The Indian Air Force will carry out a mega exercise covering the Northeastern region early next month to check its combat readiness, amid a fresh spike in tension with China along the Line of Actual Control in Arunachal Pradesh.
wo months into his stint as West Bengal governor, La Ganesan copped national criticism for pushing Indian football talisman Sunil Chhetri, in order to get clicked during the Durand Cup prize distribution ceremony in Kolkata.
Despite the recent turmoil in the Indian markets after a scathing report on the Adani group from Hindenburg Research, American private equity major Blackstone is "bullish" on the India growth story and plans to invest more in the country's infrastructure and real estate projects. "We have a long-term view on India, as growth will be higher here. We have invested half of our Asia exposure in India. "Our extraordinary performance in India has made us bullish," said Jonathan Gray, president and chief operating officer of Blackstone.
Anurag Tiwari, National Academic Director, Medical, Aakash+BYJU'S, will address your queries and offer expert advice.
The team was picked following eight days of competition in the ESFI's National Esports Championship.
It is not certain whether KL Rahul opening the batting will work for the team in the future.
'India's edtech and start-up story will be in danger.'
Police escorted the rally all the way, at one point standing in a row to prevent the rallyists from entering a side road where stood a huge mosque. Across the road, an old Muslim woman asked her Hindu neighbour what the rally was all about. The latter shrugged her ignorance, looking on in bewilderment at the young men with their saffron flags, all of them wearing Bajrang Dal T-shirts.
Keep in mind that JEE Main is all about speed and accuracy, advises Nitin Arora.
For her first formal appearance at this year's Cannes Film Festival, jury member Deepika Padukone channeled her inner royalty.
Byju's is planning to raise $500-600 million from Abu Dhabi's sovereign wealth funds and existing investors, according to sources, as the start-up world is facing a funding freeze. The educational technology (edtech) giant targets profitability by March next year. "There is no change in Byju's valuation. The new fundraising process is still going on," said a person familiar with the matter. "Any new valuation would be determined in the futureByju's is planning to raise $500-600 million from Abu Dhabi's sovereign wealth funds and existing investors, according to sources, as the start-up world is facing a funding freeze. The educational technology (edtech) giant targets profitability by March next year. "There is no change in Byju's valuation. The new fundraising process is still going on," said a person familiar with the matter. "Any new valuation would be determined in the future as it is very tough for investors to do that in this environment." as it is very tough for investors to do that in this environment."
With the T20 World Cup looming later this year in Australia, Pandya bowling at full throttle is music to the ears of the team management.
'Criticism is one thing, and cynicism is quite another.' 'However, we are undaunted by this negativity because we know the truth.'
Zerodha and True Beacon co-founder Nikhil Kamath, along with Abhijeet Pai, has invested in Omnipresent Robot Tech through their investment arm Gruhas Proptech. This round also saw co-investments from Kavin Shah, and other individual high networth individual (HNIs), according to a statement released on Thursday. However, the amount invested by Kamath and Pai has not been disclosed.
'If you have both Hardik and Venkatesh, Hardik gives you bowling and Venkatesh gives you one or two overs.'
With the first season of the Web series Inside Edge doing really well, the second season is ready for streaming on December 6.
Civic authorities on Wednesday carried out an anti-encroachment drive in Najafgarh and other areas in south Delhi, as bulldozers continued to roll in the city to carry out the action.
With Delhi witnessing an increase in swine flu cases, they have also advised people to follow the mask mandate and adhere to social distancing norms.
Virat Kohli's 'magnanimous' act during the 2021 T20 World Cup was among India's top three moments
Byju's has quietly moved into other global markets such as the UK, Australia and New Zealand. It recently launched operations in Latin America.
'We don't want to lose out on its cult value by rushing into something just for the sake of making Part 3.'
The Congress and Rashtriya Janata Dal on Tuesday sparred on social media over Tejashwi Yadav's suggestion that the grand old party must focus on over 200 seats on which it is in direct fight with the saffron party, while taking a 'backseat' in states where regional parties are a formidable force.
Mumbai Indians owner Aakash Ambani revealed the plan to sign Jofra Archer was more of an investment point of view.
Edtech giant Byju's is set to lay off nearly 2,500, or 5 per cent, of its employees as part of an "optimisation" plan. The move by India's most valuable start-up comes amid a funding winter and steep losses. "To avoid redundancies and duplication of roles, and by leveraging technology better, around 5 per cent of Byju's 50,000-strong workforce is expected to be rationalised across product, content, media, and technology teams in a phased manner," said the company in a statement. In June, Byju's laid off about 600 employees at its group companies -WhiteHat Jr and Toppr.
Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.
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