Educational technology giant Byju's has taken a loan of Rs 300 crore from its subsidiary Aakash Educational Services (AESL), which it acquired for nearly $1 billion last year. AESL, in its filing with the Ministry of Corporate Affairs, said that Think & Learn - the parent firm of Byju's - is in need of funds for its 'principal business activities'. It said the board of directors of the company at its meeting on October 3, subject to the approval of the members at the general meeting, has given its approval for granting the unsecured loan to Think & Learn for an amount not exceeding Rs 300 crore.
Ukraine's First Deputy Foreign Minister Emine Dzhaparova will pay a four-day visit to India from Sunday, the first official visit from the East European country since the Russian invasion began last year.
The International Olympic Committee (IOC) too, is going big on popularising e-Sport with Singapore being confirmed to host the inaugural Olympic Esports Week in June next year.
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.
There is no change in the syllabus or the test pattern that will be used for the online common entrance examination (CEE), the first level of screening in the recruitment procedure for Agniveers, a top Army official said on Thursday.
Sanitation is always clubbed with other departments, which lead to its neglect, says Devanik Saha.
In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.
'Since September 1, a senior cabinet minister has been to-ing and fro-ing between Jalna and Mumbai by chartered flight every single day with messages from the two deputy chief ministers and the chief minister to get Manoj Jarange-Patil to back down from his agitation.'
The five women were arrested after interrogation by the police team probing the case, a police official told PTI.
The Delhi government's budget size for 2022-23 was Rs 75,800 crore and Rs 69,000 crore in the preceding year.
With an aim to make the 2017 FIFA U-17 World Cup a huge success, the Sports Ministry has urged all the states and Union Territories to take necessary steps to popularise and promote football in their region by including the game in various programmes. In a letter sent to all Chief Secretaries of states and Union Territories, Secretary, Department of Sports Rajiv Yadav has said that FIFA U-17 World Cup is going to be held in India in October 2017 for the first time. Referring to Prime Minister Narendra Modi's 'Mann ki Baat' programme on March 27, the letter said that the Prime Minister has called for building an atmosphere and fervor of football in the country as a run up to the FIFA U-17 World Cup. He said the Prime Minister wants football to be played in every nook and corner of the country. The communication further said that following the call of the Prime Minister, the Department of Sports has initiated a series of steps to popularise football throughout the country.
Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.
JNU vice chancellor M Jagadesh Kumar, whose tenure was marred by controversies, has been appointed as chairman of the University Grants Commission.
Indian billionaires saw their combined fortunes more than double during the COVID-19 pandemic, and their count shot up by 39 per cent to 142, while the wealth of the ten richest is enough to fund school and higher education of children in the country for 25 years, a new study showed on Monday. In its annual inequality survey released on the first day of the World Economic Forum's online Davos Agenda summit, Oxfam India further said that an additional one per cent tax on the richest 10 per cent can provide the country with nearly 17.7 lakh extra oxygen cylinders, while a similar wealth tax on the 98 richest billionaire families would finance Ayushman Bharat, the world's largest health insurance scheme, for more than seven years. The COVID-19 pandemic saw a huge rush for oxygen cylinders and insurance claims during the second wave last year.
Prime Minister Narendra Modi will visit Abu Dhabi on July 15.
Less than half the ministers in Team Yogi are not long-term BJP members. Many old-timers have been dropped.
The prime minister, who is visiting the US at the invitation of President Biden and First Lady Jill Biden, will join them for the state banquet along with a number of dignitaries on Thursday.
As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis.
'If you are a slave, nobody has any problem. The conflict starts when you question and ask for equal rights.'
A delegation led by J P Singh, joint secretary (Pakistan, Afghanistan, Iran) at the ministry of external affairs, visited Kabul on Thursday, June 2, 2022, to to survey Indian developmental projects in Afghanistan.
The envoy who was visiting the Gurudwara Bangla Sahib in the national capital was asked about the measures that the Canadian government was taking to deal with the Khalistani outfit, which is proscribed in India.
'Most students find it difficult to cope with the way they are expected to learn at the IITs.' 'So, all the students face the same stress.' 'But those students who are mentally weak are more affected.'
I stumbled upon shares worth around Rs 300,000 in my late father's name, which are currently with the Investor Education & Protection Fund, points out Harsh Roongta.
Any passenger from these countries found symptomatic or testing positive for coronavirus would be quarantined, Mandaviya said.
Chairing a meeting to review the security situation in LWE-affected states, Shah said the Modi government has adopted a policy of zero tolerance against left wing extremism since 2014.
If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.
White House Press Secretary Karine Jean-Pierre said the upcoming visit will affirm the deep and close partnership between the United States and India.
Tamil Nadu's latest budget offers path-breaking initiatives and major boost for social infrastructure, which other state governments are sure to follow in the coming years, predicts N Sathiya Moorthy.
State health minister Veena George said a meeting was held between the principal secretary of the health department and the Union health ministry earlier in the day and now the monoclonal antibody has arrived.
The Centre on Monday blocked 16 YouTube channels, including six operating from Pakistan, and a Facebook account for spreading disinformation related to India's national security, foreign relations and public order, according to an official statement.
Maharashtra now has 20 ministers, including the chief minister, after the council of ministers was expanded on August 9 with the induction of 18 members.
A parliamentary committee has recommended that the medium of instruction in technical and non-technical higher education institutes such as IITs in Hindi-speaking states should be Hindi and in other parts of India their respective local language. It said the use of English should be made optional.
More than 70 per cent of Indian youth aged between 15 and 29 can't!
'A large portion of youngsters who aspire to join the civil services are not motivated by the spirit of public service and idealism of which the civil services offer in abundance.' 'When they join the mandarin club they look for the loaves and fishes of office, rather than make a difference and wipe what Mahatma Gandhi called 'every tear from every Indian',' points out Rup Narayan Das.
There is confusion around the registration guidelines and the cut-off dates for acquiring the degrees.
The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.
The companies on the list are from sectors including trading, finance, packaging, textile, realty, and others. Trading and finance companies account for half-a-dozen companies each.
The government has approved 8.1 per cent rate of interest on employees' provident fund (EPF) deposits for 2021-22 -- an over four-decade low -- for about five crore subscribers of retirement fund body EPFO. Earlier in March this year, the Employees' Provident Fund Organisation (EPFO) had decided to lower the interest on provident fund deposits for 2021-22 to 8.1 per cent from 8.5 per cent provided in 2020-21. According to an EPFO office order issued on Friday and reviewed by PTI, the Ministry of Labour and Employment has conveyed approval of the central government to credit 8.1 per cent rate of interest for 2021-22 to each member of the EPF scheme.
The worst hit, due to this crash of the rupee, would be students who are planning to pursue further education abroad.
