NEW DELHI: Byju’s founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves Glas Trust’s allegations that $533 million in ‘alpha funds’ was diverted by the company’s founders.A US bankruptcy court had, in a default ruling last week, ordered Raveendran to pay…
Confirmation of Ahmedabad as the host city for the 2030 Commonwealth Games (CWG) has sounded the starting gun for an accelerated infrastructure race across the Ahmedabad-Gandhinagar belt. The Commonwealth Sport General Assembly’s approval on Wednesday has pushed the twin cities into delivery mode, with officials stressing that major venue construction plans are locked into a…
MUMBAI: The late industrialist Ratan Tata’s property in Seychelles is up for sale. The former Tata Group chairman had bequeathed his beachfront villa on Mahe, the archipelago’s largest island, to RNT Associates, his Singapore-registered fund that backed Indian startups, as stated in his will. Third-party valuers appointed by his will’s executors had valued the property…
Flowdesk and QCP see short covering and dip buying supporting BTC around $90,000, while prediction markets assign low odds of a push toward $96,000. Source link
NEW DELHI: The economy enters the second half of FY26 on a stable footing, anchored by well-contained inflation, resilient domestic demand and supportive policy dynamics, even as global uncertainties warrant continued vigilance, a finance ministry report said on Thursday.The monthly report for Oct also cautioned that global uncertainties – including shifting trade policies, geopolitical frictions,…
Calling the death of 26 BLOs over the last 20 days “murder” by BJP brass and CEC, Congress on Thursday alleged that the governing party is seeking to divert attention from “blatant vote chori” by peddling lies about the location of social media ‘X’ handles linked to Congress, arguing that BJP handles too are shown…
NEW DELHI: Capital markets regulator Sebi on Thursday cancelled the registration of 68 investment advisers for failing to pay renewal fees.The list of cancelled entities includes Truenorth Labs, Equity Mantra, Saurabh Mundra, Sheetal Agrawal, Ateet Hemant Wagh, Getbasis Securities and Technologies India, Lucid Technologies, and Avenue Venture Partners Investment Adviser LLP, among others. According to…
MUMBAI: An arm of the National Payments Corporation of India has launched a platform that promises the RBI far greater oversight of net banking transactions, including payments linked to crypto or gaming.NPCI Bharat BillPay Limited has rolled out Banking Connect, an interoperable system that allows any merchant integrated through a payment aggregator to receive payments…
MUMBAI: Ikea is stepping up India expansion with plans to open four to five stores annually in the market where people are widening their budgets for home furnishing and decor, boosting growth prospects. This compares with all of six stores that the Swedish company launched in the country through the first seven years of its…
NEW DELHI: The Central Industrial Security Force (CISF), which now fully secures the Parliament House complex (PHC), has okayed an extended four-year tenure for its personnel on Parliament security duty, which may be further stretched by a year. The move is aimed at striking the right balance between operational continuity, so as to enhance familiarity…
