Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.
World Health Organisation (WHO) has sought more information from Beijing on information about an outbreak of pneumonia in northern China that appears to be mostly affecting children, Al Jazeera reported.
An Enforcement Directorate (ED) investigation into alleged foreign exchange law violations by edtech major Byju's and its CEO and co-founder Raveendran Bjyu is in the final stages of completion following which a show cause notice could be served to them, official sources said Tuesday. The central probe agency had in April searched two business and one residential premises, including that of the registered company of Byju's -- Think & Learn Pvt. Ltd. -- under the provisions of the Foreign Exchange Management Act (FEMA).
The final quarter witnessed an aggressive display from both sides, with Germany coming close to extending their lead.
Indian wrestlers return with six medals
'Seek medical help if after five days of the first symptom the fever has not subsided.'
South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.
Twelve rat-hole mining experts are involved in the horizontal excavation through the last 10 or 12-metre stretch of debris of the collapsed portion of the under-construction tunnel on Uttarakhand's Char Dham route.
Manchester City clinched a 1-0 victory at Tottenham Hotspur, while Chelsea were held to a 0-0 draw at home by Aston Villa.
After Bandhan MF's US Treasury Bond 0-1 year Fund of Fund (FoF), Aditya Birla Sun Life (ABSL) MF has come out with US Treasury 1-3 Year Bond ETFs FoF and 3-10 Year Bond ETFs FoF. US bonds, which generally offer low yields, have turned attractive post the 525-basis point hike in US interest rates. According to Bloomberg data, the 1-year and 2-year US treasury yields now stand at 5.4 per cent and 5.1 per cent, respectively. Although the yields remain lower than what Indian government bonds offer, the differential has come down steeply.
'We did so many things right in that first game. The messages from the coaches and captain was just that. We had to come back today and put things right, which we did.'
The Centre is looking to convene a meeting of the all-powerful Goods and Service Tax Council in early January. The meeting is likely to focus on rectifying the inverted duty structure for a few more items and will also serve as a platform for pre-Budget discussions between Union Finance Minister Nirmala Sitharaman and state finance ministers, Business Standard has learnt. "The current Winter Session of Parliament ends on December 23, followed by the Christmas-New Year period. "After that we would like to have a meeting of the GST Council, depending on whether there can be a quorum," a top government official said.
Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter. The firm might consider listing in the US or any other geography, including India. The company, which counts the likes of Amazon and Reliance's JioMart among its competitors in India's burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023.
'Agra is about sexuality and sexual repression, and the relationship of sexuality to the physical spaces that we are in.'
India's exports are becoming less vulnerable to changes in world demand and exchange rates, according to a publication titled 'Re-examining Narratives: A Collection of Essays', penned by chief economic advisor (CEA) V Anantha Nageswaran and his team. The publication pointed out that this conclusion has been drawn from the fact that there has been a decrease in the income elasticity of exports to 3.44 during 2009-2022, from 5.67 during 1991-2008, and in the inverse price elasticity of exports to 0.4 from 2.7. While a decline in elasticities is favourable in the presence of downside risks such as a decline in global demand and an appreciation of exchange rates, it may not be beneficial during boom periods.
Foreign portfolio investors' (FPIs') net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. According to market participants, this significant uptick in FPI inflows can be attributed to the post-domestic policy outcome and the US Federal Reserve's dovish stance at the December policy. FPI inflows into debt stood at Rs 18,393 crore in December against Rs 14,106 crore in November, according to data on the National Securities Depository Limited.
If Indira Gandhi hadn't targeted the RSS, Narendra Modi wouldn't be sitting pretty with his second majority and looking at a third, asserts Shekhar Gupta.
The India meteorological department's Mumbai centre has predicted heavy to very heavy rainfall in the city and suburbs in the next 24 hours, with a possibility of occasional gusty winds reaching 50-60 kmph, the official said.
The plane that took off from Dubai in the United Arab Emirates carrying 303 Indian passengers, including many minors, was grounded at the Chalons-Vatry airport in Marne on Thursday.
Along with persistent cough that may last for several weeks, tuberculosis patients also complain of frequent bouts of fever, chills and sweating at night, says Dr Rahul Kendre.
Akasa Air has reduced its service on 10 routes and stopped operating flights on eight others since the exodus of pilots began in early July. The airline's flights per week reduced from 945 in June to 754 in October, according to aviation analytics firm Cirium's data, which has been reviewed by Business Standard. The airline currently operates flights on 34 routes. Between June and October, Akasa Air ceased operations on the following: Ahmedabad-Kochi, Ahmedabad-Hyderabad, Ahmedabad-Pune, Bengaluru-Hyderabad, Bengaluru-Chennai, Kochi-Hyderabad, Goa-Lucknow, and Goa-Hyderabad.
The railways on Tuesday said the RPF constable accused in the Jaipur-Mumbai train shooting incident kept the treatment he would have been undergoing for any mental condition a "secret" and no such ailment was detected in the last periodic medical examination for the force's personnel.
American economic historian and labour economist Claudia Goldin won the 2023 Nobel Economics Prize for her work examining wage inequality between men and women, the Royal Swedish Academy of Sciences said on Monday. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023 was awarded to 77-year-old Claudia Goldin "for having advanced our understanding of women's labour market outcomes" the prize-giving body said in a statement. Goldin will receive 11 million Swedish kronor, or around $1 million, as the sole winner of this year's prize.
Head coach Rahul Dravid did not see Indian batters replying to England's 'Bazball' in kind but he said they will not be taking a backward step in the five-match Test series beginning in Hyderabad from Thursday.
Consumer durables firms and fashion retailers expect double-digit growth in value terms in the ongoing festival season as consumers have stepped up purchases during this period. They expect to see value sales growth upwards of 15 per cent, which is especially coming in from cities. However, volume growth may lag behind value growth.
The mutual fund industry's assets under management (AUM) have likely breached the Rs 50 trillion mark following a rally in domestic equities this month. The industry's average AUM stood at almost Rs 48 trillion at the end of October. In November, the Nifty50 index has gained about 4 per cent so far, while smallcap and midcap indices have rallied close to 8 per cent.
ISRO's maiden solar mission, Aditya L1, has captured its first high energy X-ray glimpse of solar flares. During its first observation period from approximately October 29, the High Energy L1 Orbiting X-ray Spectrometer (HEL1OS) on board Aditya-L1 spacecraft has recorded the impulsive phase of solar flares, the space agency said in a statement on Tuesday.
Initial data has shown immunity triggered by the two mRNA vaccines -- Pfizer-BioNTech and Moderna -- lasts for at least six months
Young Indian wrestler Antim Panghal's superb campaign at the World Championships culminated with a bronze medal, a performance that also earned the country a 53kg quota for the Paris Olympics.
India is expected to ramp up its purchase of crude oil from the United Arab Emirates (UAE) in the coming months following discussions between the two countries on the sidelines of the ongoing COP28 summit in Dubai, multiple sources in the know said. The UAE has historically been India's third-largest source of crude. It has suffered the largest drop in shipments since Indian refiners began to binge on Russian crude in 2022.
An official said that a South African delegation will visit India in February for an assessment of the preparations at the Gandhi Sagar Wildlife Sanctuary.
The latest extension will allow Bhalla to stay in the post during the general elections due early next year.
'Rahul, our friends, and I went to a regular establishment, as anyone would. Please refrain from twisting facts and sensationalising stories. Let's prioritise peace and love,' Athiya said.
Sukanya Verma gives you options from all the action promised on OTT this week.
They all seem to forget that the Music Academy is as much an independent institution as T M Krishna is an individual musician. In drawing those red lines for the Academy management, they do not even seem to recognise that they too have crossed a red line themselves, points out N Sathiya Moorthy.
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