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A court in Montenegro has ruled that Terraform Labs founder Do Kwon should be extradited to the United States to face fraud charges rather than to his native South Korea

By Gerry Doyle

Byju Raveendran, the founder and CEO of Byju's, the Economic Times reported citing sources. The move is aimed at preventing Raveendran from leaving the country, and the central agency approached BOI earlier this month for the issuance of a fresh LOC. It comes as the agency's Bengaluru office is currently investigating alleged Foreign Exchange Management Act (FEMA) violations against the start-up and its founder, the report said.

ED) has asked the Bureau of Immigration (BOI) to issue a look out circular (LOC) against Byju Raveendran, founder and CEO of the eponymous, embattled edtech company Byju's, people with knowledge of the matter told ET. The central agency approached BOI earlier this month to issue a fresh LOC to ensure that Raveendran does not leave the country. An LOC 'on intimation' has already been issued against Raveendran. It was opened more than one and a half years ago at the request of the ED's Kochi office. However, the investigation was later transferred to the Bengaluru office of the agency. The LOC 'on intimation' results in immigration authorities informing a probe agency about the individual going overseas but the person is not stopped from leaving the country.

NTA) has announced that the National Eligibility cum Entrance Test for Undergraduate (NEET-UG) will be conducted at exam centres in 14 foreign cities on May 5. This decision comes after requests from aspirants, as the initial information bulletin for the exam did not mention centres outside India. «It has been decided that the exam will also be conducted in 14 foreign cities in 12 countries,» said NTA Senior Director (Exams) Sadhna Parashar. According to NTA Senior Director (Exams) Sadhna Parashar, the exam will be conducted in 12 countries, including cities like Dubai, Abu Dhabi, Sharjah (UAE), Kuwait City (Kuwait), Bangkok (Thailand), Colombo (Sri Lanka), Doha (Qatar), Kathmandu (Nepal), Kuala Lumpur (Malaysia), Lagos (Nigeria), Manama (Bahrain), Muscat (Oman), Riyadh (Saudi Arabia), and Singapore.

Electric two-wheeler firm Pure EV on Monday said it has raised USD 8 million (around Rs 66 crore) from a consortium of investors. The funding was led by Bennett Coleman and Company Ltd, Hindustan Times Media Ventures, alongside Ushodaya Enterprises Pvt Ltd, existing investors and high net-worth individuals, Pure EV said in a statement. The Hyderabad-based company said it is currently in the final stage of concluding its Series A1 funding round, amounting to USD 25 million with the participation of a foreign institutional investor.

Adani Group is reportedly in advanced discussions with prominent sovereign funds based in West Asia to secure funding of up to $2.6 billion. This potential move to raise funds is part of the conglomerate's expansion plans for airport infrastructure and green hydrogen projects, Business Standard reported. Adani Group has embarked on a series of roadshows in key financial hubs such as London, Dubai, and Singapore. During these engagements, Adani executives have been briefing potential investors on the company's future endeavors.

investors have raised red flags over the management's failure to recover about Rs 1,400 crore from a Dubai-based reseller, More Ideas General Trading LLC, while paying out Rs 300 crore in sales commissions at a time when the debt-laden edtech firm is battling a severe fund crunch. Byju’s has, however, disputed the investors’ claim. In an Extraordinary General Meeting (EGM) notice, a copy of which ET has reviewed, the investors said the company's value has eroded due to the management's neglect in enforcing its legal rights.

DUBAI (Reuters) -Yemen's Iran-aligned Houthis claimed responsibility on Saturday for an attack on the oil tanker M/T Pollux, which U.S. officials said the previous day had been hit by a missile.

Virender Sehwag and Shoaib Akhtar had a fun interaction around the final match and the playing conditions at Dubai International Stadium. The veteran players shared their valuable inputs on the pitch and provided the audience with a glimpse of what to expect from the final match. But, social media was completely glued to Virender Sehwag's Arab look and shared their hilarious reactions to his exchange with Shoaib Akhtar.

DUBAI/CAIRO (Reuters) — The Sudanese army has claimed its first major advance in 10 months of war, regaining control of part of the city of Omdurman from the Rapid Support Forces.

Stock to watch: SpiceJet shares witnessed a strong bull trend on Friday after the announcement of DGCA numbers for January 2024. However, the aviation stock sustained its early morning gains when the Indian aviation major informed stock market bourses about fresh developments on GoFirst involving its MD Ajay Singh. The Indian budget carrier declared that SpiceJet MD Ajay Singh and Busy Bee Airways Private Limited had submitted a joint bid for bankrupt airline company GoFirst, which has been grounded since May 2023 and going through insolvency proceedings.

Cattle rancher Shad Sullivan discusses how calls for a reduction in meat consumption could impact the nation on 'The Bottom Line.'

₹3,300 per tonne and has also reintroduced a ₹1.5 per litre special additional excise duty (SAED) on the export of diesel. For the past two weeks, the SAED on the sale of locally produced crude oil stood at ₹3,200. The duty on the export of diesel was at zero since 1 January.

Mr. Raul Handa, the Founder and CEO of the Forttuna Global Excellence Awards, underscored the importance of recognizing the relentless efforts of healthcare professionals amidst unprecedented global challenges, stating, "Our aim with the Forttuna Awards was to inspire transformation and recognize individuals and organizations making a significant impact on the well-being of our communities." Mrs. Aditii Handa, Co-Founder and CBDO of the Forttuna Awards, expressed her vision for the event, stating, “We wanted to create an event that not only honors outstanding achievements but also provides a platform for networking, knowledge sharing, and collaboration.

In what is being seen as a major diplomatic win fo... moreIn what is being seen as a major diplomatic win for India, eight Indian Navy veterans, who were sentenced to death in Qatar, were released by a court in Doha.

Narendra Modi ceremoniously unveiled the first Hindu Mandir in Abu Dhabi on February 14, 2024. His address following the inauguration encompassed a range of sentiments, from requesting a standing ovation for UAE President Mohammed bin Zayed Al Nahyan to embracing the identity of a devotee of Mother India, as he referred to himself as «Maa Bharti ka Pujari.» Here's a breakdown of the key points from PM Modi's Abu Dhabi speech. UAE's Golden Chapter During the inauguration, Modi praised the UAE's leadership, stating, «The UAE has written a golden chapter» by allowing the construction of the temple. He acknowledged the years of hard work and dreams invested in the project, emphasising its spiritual significance for the Hindu community. He also mentioned the blessings of Swaminarayan, the founder of the BAPS movement.

Narendra Modi on Wednesday inaugurated Abu Dhabi's first Hindu stone temple amid devotional chants and in the presence of spiritual leaders of the Swaminarayan sect. Dressed in a light pink silk dhoti and kurta paired with a sleeveless jacket and stole, the prime minister participated in rituals of a ceremony to dedicate the temple to the people. The prime minister also participated in "Global Aarti", which was performed simultaneously at over 1,200 temples of the Swaminarayan sect worldwide built by the Bochasanwasi Shri Akshar Purushottam Swaminarayan Sanstha (BAPS). Earlier, Modi met people from different faiths who contributed to the construction of the first Hindu stone temple here.

Narendra Modi on Wednesday met his UAE counterpart Sheikh Mohammed bin Rashid Al Maktoum, and discussed a wide range of areas of bilateral cooperation including trade and investment. «Strengthening India-UAE Comprehensive Strategic Partnership! PM @narendramodi met VP & PM of UAE @HHShkMohd in Dubai. Discussions covered a wide range of areas of bilateral cooperation including trade & investment, technology, education, and people-to-people ties,» said a post on the official X handle of the Ministry of External Affairs (MEA). In another meeting with Madagascar President Andry Rajoelina, Modi reaffirmed India's commitment to further strengthen India-Madagascar partnership and help in the developmental journey of his island nation. A first meeting between the two leaders, Modi and Rajoelina met on the sidelines of the World Governments Summit here.

Chinese ‘Dragon Mart’ facility. It will serve as a warehousing facility for Indian MSMEs to trade in Dubai and work as a unified platform for Indian exporters to showcase their products in the Gulf nation. Like Dragon Mart, India's Bharat Mart is still in the conceptual stages and will be visually launched.

UAE temple opening LIVE updates: Prime Minister Narendra Modi will inaugurate the BAPS Swaminarayan Mandir on Wednesday in Abu Dhabi. BAPS represents a socio-spiritual Hindu faith rooted in the Vedas, pioneered by Bhagwan Swaminarayan in the late 18th century and formally established in 1907 by Shastriji Maharaj.The proposal of the Hindu temple in Abu Dhabi came during the first visit of PM Modi to the UAE in 2015 after which the government allocated land for the BAPS temple.