Edtech firm Think and Learn, which owns Byju's brand, has closed 30 out of its 292 tuition centres, according to an official statement. Byju's has shut down the centres as part of cost optimisation measures and aims to turn most of the centres profitable in the third year of their operations, the edtech firm said. "Byju's is immensely proud of the dedication of its teachers and the performance of its students.
The NIA had originally chargesheeted three persons in March 2023 and filed its supplementary chargesheet before the special court at Patiala House in New Delhi on Monday against 17 others, of whom 15 are from Maharashtra and one each from Uttarakhand and Haryana, it said.
In a major breakthrough, the National Investigation Agency (NIA) has arrested a key conspirator in Bengaluru's Rameshwaram Cafe blast case, according to an official statement issued on Thursday.
Financial Intelligence Unit-India (FIU-IND) has imposed a Rs 5.49 crore penalty on Paytm Payments Bank for violating anti-money laundering rules, the Finance Ministry said on Friday. FIU-IND initiated a review of Paytm Payments Bank on receipt of specific information from law enforcement agencies in respect of few entities and their network of businesses engaged in a number of illegal acts, including organising and facilitating online gambling.
In a landmark verdict, the Supreme Court on Monday held that watching and downloading child pornography are offences under the POCSO Act and the information technology law.
According to a report by the National Bomb Data Centre, a total of 337 blasts of various kinds were reported last year, an increase from 268 in 2015.
British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). Meanwhile, Bharti Airtel has increased its stake by acquiring 2.69 crore shares, representing a 1 per cent stake, in Indus Towers. The shares were acquired by Airtel at an average price of Rs 320 apiece, taking the transaction value to Rs 862.38 crore, as per the bulk deal data.
Taxpayers are filing their income tax returns (ITRs) early for the Assessment Year 2024-25 (FY25). By April 29, over 592,000 returns were filed, with over 538,000 verified and 367,000 processed. Early filing allows revisions without penalties.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
At least nine people were injured when a blast took place at Rameshwaram Cafe in Brookfield in East Bengaluru on March 1.
A major tragedy was averted on Thursday afternoon with the timely detection of a powerful improvised explosive device in Kashmir's tourist hub of Dalgate on the banks of Dal Lake in Srinagar.
An Improvised Explosive Device blast completely damaged a stretch of the railway track and led to derailment of seven bogies of the Guwahati-Puri Express, injuring over 100 passengers in Assam's rural Kamrup district, a senior Railway official said.
'If an individual makes significant financial investments, she should stick to the old regime.' 'If the individual prefers straightforward computation without any tax benefits, the new regime would be suitable.'
Police sources said that four persons have been detained for questioning in connection with Friday's low-intensity bomb blast at The Rameshwaram Cafe.
Four Pakistani soldiers were on Wednesday killed in an Improvised Explosive Device blast in Hangu district in the country's restive northwest. A convoy of security forces was travelling from Hangu to Kurram tribal area when it was targeted near Warmagal on the Hangu-Kurram border.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries
'Your activities are not in the interest of the nation. Being a public institution, TISS cannot permit or tolerate its students indulging in such activities which are anti-national and bring a bad name to the nation. Hence all such activities fall under the category of serious criminal offence'
The Ministry of Micro, Small and Medium Enterprises (MSME) has received "positive" feedback from industry regarding the 45-day payments cycle for MSMEs, according to a senior official familiar with the matter. The comment assumes significance amid concerns raised by some MSMEs that big companies may stop buying from small and medium suppliers and instead choose to make purchases from unregistered enterprises.
The labour ministry on Monday rebutted a recent report by Citigroup which forecast that India will struggle to create sufficient employment opportunities even with a 7 per cent growth rate. The ministry in a statement said the report "fails to account for the comprehensive and positive employment data available from official sources such as Periodic Labour Force Survey (PLFS) and the Reserve Bank of India's KLEMS data."
The National Stock Exchange (NSE) on Tuesday said it has halved the lot size for trading derivatives contracts for the Nifty 50 index to 25 and also reduced the lot sizes of the Nifty Financial Services and Nifty Midcap indices as part of its periodic revision. "All contracts, i.e. weekly, monthly, quarterly, and half-yearly expires available for trading from the trade date of April 26, 2024, onwards will be with the revised market lot size," the NSE said, referring to applicability of the change for Nifty 50. The lot size in the derivatives segment refers to the fixed number of shares in a unit or group for which contracts are traded.
A major tragedy was on Saturday averted with the timely detection of an IED by the Army on the Jammu-Poonch highway in Jammu and Kashmir's Poonch border district, officials said. The IED, planted by militants, was detected at Sheri-Kashmir bridge on the highway at the entry of Poonch town, ahead of the passage of a convoy in the area, an army official said.The device was later defused by the bomb disposal squad, he said.
A woman was confirmed dead and another injured in an explosion triggered by an Improvised Explosive Device on Sunday night in front of a popular restaurant on a busy road in the heart of Bengaluru.
Naseer and his associates had conspired to wage war against the government of India and also to kill Indians in order to destabilise the country and create communal disharmony, it said.
Overall this is the eighth charge sheet filed by the ED in this case in which it has arrested 18 people so far. Last week, a similar complaint was filed by the agency against BRS leader and former Telangana chief minister Chandrashekar Rao's daughter K Kavitha and four others.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
The BSE faces a larger outgo after regulatory clarity on the fee to be paid to the Securities and Exchange Board of India (Sebi) as a turnover charge on options volume. The market regulator on Friday directed the exchange to pay a regulatory fee on the 'notional value' of annual turnover.
Two army troopers were injured in a powerful improvised explosive device blast near Chakala village in north Kashmir on Thursday morning.
An army jawan was killed and three others injured in a blast triggered by an Improvised Explosive Device attack along LoC in Poonch district of Jammu and Kashmir on Thursday.
rediffGURU Samkit Maniar answers readers' personal income tax queries
Malappuram district police sources said some steel pieces were found near the blast site and it is suspected that a 'pressure cooker' was used to trigger it.
Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. "We are happy to acknowledge the receipt of approval from IRDAI yesterday (May 10, 2024) on the auspicious occasion of Akshay Tritiya. "The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances," an IIHL spokesperson said in a statement.
Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.
The skirmish took place in the forest near Mangnar village under Barsur police station limits, he said.
Former Aam Aadmi Party MLA Sandeep Kumar has approached the Delhi high court seeking the removal of arrested party leader Arvind Kejriwal from the post of chief minister of the national capital.
The explosion took place in a hilly area in Bacheli in Dantewada when the personnel were returning to their camp after purchasing groceries from market.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
The NSG calendar of 2024 is here! The calendar this year features some unique shots as those of CBRN (chemical, biological, radiological, nuclear) attack combat team, drone killers and CornerShot gun.
The security forces had received inputs about the presence of cadres belonging to company no. 5 of Maoists in Bhomra, Hurtarai and Michchebeda villages, he said.
The identity of the informant shall be kept a secret, it said.
