A consortium of shareholders with over 30 per cent stake in cash-strapped Byju's might approach the National Company Law Tribunal (NCLT) seeking a management change, if the extraordinary general meeting (EGM) scheduled for Friday failed to yield an 'amicable settlement' or faced further delays, sources said. Earlier this month, these shareholders had issued a notice calling for an EGM to address "persistent issues", including a change in management. They will vote for a revamp of the existing board, an exercise which would include asking Byju Raveendran to step down as chief executive officer (CEO) and relinquish his operational role, according to sources.
India is expected to overtake the US as the largest developer community on GitHub by 2027, Microsoft chairman and chief executive officer Satya Nadella said during his address to 1,100 developers and technology leaders at the Microsoft AI Tour in Bengaluru on Thursday. India is the fastest-growing market on GitHub, a Microsoft-owned software development platform, with 13.2 million developers using it.
Mobile handsets could be marginally cheaper with the Finance Minister today announcing tax exemptions for chargers, batteries and accessories.
At Rs 2,999, LYF Flame is one of the most affordable VoLTE smartphone in the market now.
Travel restrictions are in place only for a limited number of countries but people are cancelling or postponing travel to prevent the spread of coronavirus.
As PM talks of lower lending rates, housing companies prepare to cash in.
Hybrids have helped Maruti acquire leadership in SUVs, a segment that was never its forte. Toyota has also risen with the hybrid tide to clock its highest-ever annual sales in 2023.
Named after Satyajit Ray's famed detective, the Feluda test, which is priced at Rs 500 and can deliver a result in 45 minutes, is able to differentiate SARS-CoV-2 from other coronaviruses even if genetic variations between them are minute.
'After a month of working on the new machine, I realised that the black glass on the VVPAT lets the programmer manipulate not just the electronic system, but the paper vote too.' 'And it will not be detected even during the mock poll or the actual voting because of the black glass.'
In his post, Gandhi urged people to elect the Congress and said, "Rajasthan will choose free treatment. Rajasthan will choose cheaper gas cylinder. Rajasthan will choose interest-free agricultural loan. Rajasthan will choose English education. Rajasthan will choose OPS. Rajasthan will choose caste census."
Amid rising air pollution caused by the burning of crop residue, the Bihar government has decided to identify farmers who are indulging in this practice and put up their names at the block offices, officials said on Saturday.
Your holiday in Dubai just got a little cheaper. Thanks to Dubai World's crash, travel portals and agencies like MakeMyTrip, Yatra, Cleartrip and SOTC are offering packages at prices almost 40 percent lower than a week or two ago.
The Superb's success in the Rs 20 lakh plus segment has meant it has caught the fancy of some of the German brands like Mercedes-Benz and BMW who have launched cut-price versions of their executive saloons.
Congress on Monday alleged that liquor has become cheaper than water in parched Gujarat as Chief Minister Narendra Modi is busy "chasing his dream" to become prime minister and ignoring the plight of common people. "Water is not easily available in drought-hit areas in the state, but liquor is not only readily available but at a rate cheaper than water," state unit Congress president Arjun Modhwadia told reporters.
Former Petroleum Minister Ram Naik has flayed the UPA government lowering prices of aviation turbine fuel (ATF), saying India is the only country where ATF is cheaper than petrol.
"We are targeting India. We will participate in the tender to be floated soon by the Indian Railways for 1,000 electric locomotives. We will offer 10 per cent cheaper price than other companies," Alstom's locomotive platform director Jean-Marc Tessier told PTI. The company unveiled on Wednesday the design of Prime II locomotives, the advanced version locomotives with high speed.
The implementation of MCLR from April 1 has already led to a rate cut of 10 basis points on home loans by the country's largest bank, State Bank of India, and others.
It will reduce compliance cost as the assessee will not have to maintain multiple records for a variety of taxes
Finance Minister Pranab Mukherjee presented the Union Budget 2011-12 in Parliament on Monday. While the finance minister made the tax payers slightly happy by raising the exemption limit to Rs 180,000, he made many others unhappy.
"Real estate is facing a slowdown. So we should make an arrangement for giving loans at 6.5 per cent interest for houses in the below Rs 5 lakh (Rs 500,000) category to the poor," Urban Development Minister Jaipal Reddy said. He suggested an extension of housing loan at the rate of 7.5 per cent presently available for flats up to Rs 20 lakh to those priced at Rs 30 lakh in the cities. "The revival of real estate is key for generating employment," he said.
To reduce the solvency margins on term products and make these products cheaper & popular, The Insurance Regulatory and Development Authority has decided to reduce the solvency margins on term products. Since the term insurance policies provide pure life cover with no maturity/survival benefits they haven't gained popularity with the customers. Insurers currently maintain a solvency margin of 150%. Solvency margin requirements are the prudential norms of capital requirements.
From the customer point of view too, LFP batteries are safer and offer a longer life.
'Had they agreed to our demands that we raised two years ago, we would have never started our agitation again.'
Terming India as one of the closest neighbours and allies of the Maldives, MATI noted that India has always been a first responder to various crises throughout the history of the island country.
More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Of the total job cuts, 2,500 will be in the next 18 months, said Indian conglomerate Tata. A further 300 jobs are to go in three years.
ICICI Bank will offer car loans at 13-13.25 per cent on a floating basis. HDFC will offer home loans at 10.50 per cent and SBI is also expected to cut retail interest rates.
M&M wants to attract those 18-25 year olds who are buying mid-sized sedans, but fancy an SUV for its rugged image.
Home loans for amounts upto Rs 30 lakh may become cheaper. That's because the Reserve Bank of India (RBI) has reduced the risk weight -the amount of capital set aside for a loan--on home loans above Rs 20 lakh and upto Rs 30 lakhs to 50 per cent from 100 per cent earlier." Banks may want to pass on the benefit to customers in the form of lower interest rates.
At present, a 14.2-kg LPG cylinder in the national capital costs Rs 1,103. It will cost Rs 903 when the Centre's decision is implemented from Wednesday.
Want to take on Samsung and Nokia in India.
'Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth.'
... while learning from past tech revolutions, suggests Ajit Balakrishnan.
'With the World Cup around the corner and being hosted by India, the demand has risen manifold. We manufacture around three million bats annually but the demand for this month and the previous one was 15 times higher. We manufactured around three to four million bats in two months that we delivered'
With the prime minister having cleared 5,378 acres of salt-pan land in Mumbai to rehabilitate slum dwellers, a lot of land is due to turn free for development. But it is not clear how the land will be allocated or who will develop it.
The government has decided decides to abolish Airport Development Fee in Delhi and Mumbai from January 1, 2013.
Aiyar has contended that this results in revenue loss, malpractices and even death of people consuming illicit liquor
Flyers have to download the IRCTC Android-based mobile app - IRCTC Air - from Google Playstore to book tickets.
Car loans from ICICI Bank, the country's largest private sector lender, would be 50-75 basis points (bps) cheaper, while those from IDBI Bank would cost 100 bps less.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances