With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
The Maharashtra government will issue a white paper in the next 30 days on some mega projects going out of the state and if any steps were taken by the previous MVA government to retain them, Industries Minister Uday Samant said in Mumbai on Tuesday. The Eknath Shinde-Devendra Fadnavis government is under fire from the Opposition which has accused the ruling dispensation of failing to retain big-ticket Vedanta-Foxconn and Tata-Airbus projects in the state. Both projects chose Gujarat over Maharashtra to set up their units.
This case revolves around the establishment of clusters of Centers of Excellence (CoEs) in the state of Andhra Pradesh, with a total estimated project value of Rs 3,300 crores.
Sanjay Gadhvi once revealed to Subhash K Jha that he never wanted to make Dhoom.
'Children should be brought up connected to our culture and should be introduced to characters from our mythologies. What is this Baa Baa Black Sheep?'
This tangled tale of good versus evil could have been far more intriguing, observes Mayur Sanap.
The ministry of education is yet to take call on the recommendations by the empowered expert committee and the University Grants Commission.
An amateurish crime comedy that wants to be taken seriously, Mrs Undercover can never quite find its bearings, observes Sukanya Verma.
Prime Minister Narendra Modi, during his first tour of Egypt, will visit the 11th century Al-Hakim mosque and will also pay tribute to the Indian soldiers who died fighting for Egypt during the First World War, said Foreign Secretary Vinay Mohan Kwatra on Monday.
'I wonder how people who come to power through democratic means turn out this way.' 'But people of India are strong, and those who think they can hoodwink people, are mistaken.' 'You can fool some people for some time, but not all people, all the time.'
A total of 26 Army personnel, including three officers and five paratroopers, and seven civilians have been killed in eight terror attacks since October 11, 2021 in the twin districts.
'Be it Khan highlighting the issues with a rigged system, or schooling accountability from the government, or stressing the power of the vote, or that baap/beta line -- this is a kind of swashbuckling that Hindi film audiences haven't seen from their heroes for many years,' notes Mayur Sanap.
Vice President Hamid Ansari on Monday held talks with Chinese President Xi Jinping and conveyed the new Indian government's interest in furthering bilateral ties, even as he flagged off India's concerns over border related issues during his parleys with the top leadership in Beijing.
Blind is a film you are better off not watching, warns Mayur Sanap.
The Centre is looking to improve disclosures made by public sector undertakings (PSUs), and has asked such companies to share monthly progress made on capital expenditure targets and corporate social responsibility (CSR) initiatives undertaken by them. New details such as gender-wise reporting of contractual workers, unused land, and profit share in joint venture companies have also been added in the list of disclosures. The Department of Public Enterprises (DPE), which publishes the Public Enterprises Survey and collects information for Memorandums of Understanding (MoUs) signed with PSUs, is looking to integrate data collected from government-owned companies.
Shahid's OTT debut, Ajith's bumper hit, and lots of romance. Sukanya Verma gives you some OTT recommendations for the week.
As India and the United States are set to begin negotiations on two transformational deals -- Security of Supply Arrangement (SOSA) and Reciprocal Defence Procurement Agreement (RDP) -- the Pentagon has said that the defence industries of the two nations will come together once the negotiations conclude.
A drug developed by the Defence Research and Development Organisation (DRDO) may reverse the heart damage caused by a protein in the SARS-CoV-2 virus, a study conducted in fruit flies and mice has found.
Amritpal managed to evade arrest for more than a month, which was proving to be a major embarrassment for the Punjab police that had launched a crackdown against the radical preacher and his aides on March 18.
The lunch was hosted by agriculture minister Narendra Tomar to mark Millet Year 2023.
About 5.5 million users are looking for real estate online in India
Microsoft, which is usually at the receiving end of patent suits, has filed an infringement case against Primax Electronics of Taiwan for using its mouse technology.
Vadh is watchable because of its terrific cast, notes Mayur Sanap.
The minister of state for youth welfare and sports is fine and left for Lucknow in the morning, they said.
Allowing 12-hour shifts for all and night-time work for women was meant to benefit software firms, but is said to have clinched Foxconn's Rs 80 billion investment.
Rediff readers tell us how they are celebrating Ganeshotsav this year.
'I have absolutely no regrets because if it wasn't for this learning that I've gone through, I wouldn't be here today.'
The Tamil Nadu government saw an increase in foreign direct investment by 41.5 per cent during the April-December period.
There will be status quo with regard to the MoUs signed with Hengli Engineering, PMI Electro Mobility Solutions JV with Photon and Great Wall Motors on June 15, 2020.
Rediff.com's Satish Bodas goes pandal hopping and offers glimpses of some interesting Ganeshas in Mumbai.
This is part of the nine memorandums of understanding (MoUs) worth Rs 5,027 crore, including Hero Group-backed Ather Energy's over Rs 600 crore investment, to establish a manufacturing facility for e-vehicles.
'It will be a cat and mouse game between investors and the government.' 'The issue will be launched only if there is sufficient demand from investors and the government is in agreement with the bankers on the valuations.'
At Prestige Polygon Towers in Chennai's Teynampet, hectic preparations are on for a mega global investors' meet under the aegis of Guidance Tamil Nadu (the state investment promotion agency) scheduled for January 2024. Asked about the key focus areas of the meet, the agency's managing director and chief executive officer, V Vishnu, said the state was betting big on electric mobility. This is no surprise, given that the state has signed electric vehicle (EV)-related memorandums of understanding (MoUs) with several companies in the recent past that may bring in investments worth around Rs 33,000 crore with the potential to create over 43,000 job opportunities.
Star journalists, spies, super dogs -- end the year with a bang binge watching all the latest offerings on OTT this week.
Walt Disney finds another platform for its cartoons -- your mobile.
the defence ministry told Parliament on Monday that foreign procurement in defence has risen to Rs 50,061 crore (Rs 500.61 billion) in 2021-2022 from Rs 37,030 crore (Rs 370.30 billion) in 2017-2018.
Maharashtra Government on Monday downplayed recent multi-crore investment proposals in Gujarat and said the state continues to be India's leading industrial state.
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