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Aam Aadmi Party leader Durgesh Pathak was granted bail on a bond of Rs 1 lakh in the alleged excise policy case by Delhi's Rouse Avenue court on Wednesday. He appeared on summons issued by the court. Meanwhile, Delhi Chief Minister Arvind Kejriwal was summoned through video conferencing from the Tihar jail. His judicial custody was extended till September 25.

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Supreme Court on Wednesday said it will hear on September 17 the appeal of US-based creditor Glas Trust Company LLC against a judgment of the NCLAT, which had stayed insolvency proceedings against ed-tech firm BYJU's and approved its Rs 158.9 crore dues settlement with the BCCI. A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra was urged by a battery of lawyers that the plea be heard urgently keeping in mind the subsequent developments in the case. The plea was mentioned by senior advocate NK Kaul, appearing for the ed-tech major, that the case needed to be heard at the earliest. The submission was supported by Solicitor General Tushar Mehta, appearing for the BCCI, and senior lawyer Abhishek Singhvi, also appearing for the ed-tech firm.

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Essar Group entity Essar Oil and Gas Exploration & Production Ltd under the Corporate Insolvency Resolution Process (CIRP). On Tuesday, the division bench of Justice Ashok Bhushan and technical members Barun Mitra and Arun Baroka, while suspending the National Company Law Tribunal (NCLT) order observed that Section 9 Application has been resorted as a recovery mechanism which is not permissible under the IBC. “Appellant (Essar Oil and Gas Exploration) is a healthy company which has a turnover of Rs 800 crores and about 425 Employees are working,” observed the appellate tribunal. “Section 9 application ought not to have been admitted by the adjudicating authority and the adjudicating authority has in the order although noticed the settlement but has not appropriately dealt with the settlement,” noted the appellate tribunal in its order.

Balaji Telefilms has made a cumulative investment of Rs 795 crore in its over-the-top (OTT) subsidiary ALT Digital Media Entertainment, the content production company said in its annual report for 2023-24. The subsidiary owns and operates entertainment streaming platform ALTT, which was earlier known as ALT Balaji. The platform was launched in April 2017 as part of Balaji Telefilms’ expansion into the business-to-consumer segment. Apart from the investments, Balaji Telefilms also provided loans, including interest accrued thereon, aggregating to Rs 103 crore. The company's trade receivables outstanding stood at Rs 18 crore as of March 31.

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Student accommodation provider, The Hive Hostels, has partnered with Crib, a property management software platform, to fully digitalize its business operations, financial systems, and management processes. The company plans to add 3,000 beds by the end of FY 25 with an investment of Rs 10 crore. The partnership with Crib aims to enhance The Hive Hostels' operational efficiency as the company prepares for its upcoming IPO.

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Swiggy may increase the fresh issue component of its upcoming IPO to ₹5,000 crore, and will seek the approval of its shareholders for the same at an extraordinary general meeting (EGM) on October 3, it said in a notice to shareholders. The food and grocery delivery company had initially planned to raise ₹3,750 crore in fresh capital in addition to a ₹6,664 crore offer for sale by existing investors. The final size of Swiggy's IPO could be different from the approval it is seeking from its shareholders. Swiggy has made a confidential filing of its draft prospectus for its IPO with the Securities and Exchange Board of India. The company's board of directors had first accorded its approval to the public offering back in April. Tuesday's development was first reported by online news portal Entrackr. Last week, Swiggy reported its financials for the year ended March 31, 2024. It recorded a 36% year-on-year growth in its operating revenue to ₹11,247 crore, while managing to reduce its net loss to ₹2,350 crore, 44% lower than a year ago.

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₹2,700 crore. I Squared Capital has also set up a climate solutions platform—Hexa Climate Solutions—with Amplus founder Sanjeev Aggarwal wherein the New York-based private equity fund will invest around $500 million.

₹2,000. (100 basis points make up one percentage point). Interchange refers to the fee paid on every transaction to the bank offering credit.

Brazil will play Paraguay in FIFA World Cup qualifier game for South America on Tuesday night. Five-time winners and the most successful soccer team in FIFA World Cup won their previous match against Ecuador. Paraguay drew with Uruguay in their last game. Brazil versus Paraguay soccer game is scheduled to kick off at 8.30 pm (ET) on Tuesday, September 10 at Estadio Defensores del Chaco — Asuncion in Paraguay. Also Read: Big worry! A US recession indicator is stating that the world's largest economy is in a downfall

Floriana Lima will appear in Season 21 of Grey’s Anatomy in a recurring role. She will portray Nora, a character connected to Owen and Megan Hunt. The new season begins on September 26.

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Malik Obama, has expressed his unwavering support for Donald Trump and criticism of the Biden-Harris administration. Malik noted that he has been a Trump supporter since 2016, and he showed his respect for the president in an interview with Fox News Digital. He thought that Trump was good for the nation and had put it back on the proper track, and he valued his business skills and honest demeanor. Republican-identifying Malik declared that Trump is his choice for the next election. As per the reports of Yahoo news, Malik Obama clarified that he quit the Democratic Party because he thought it was hypocritical. He took issue with the way Democrats handled Hillary Clinton's campaign and how they handled Trump. Malik claims that the Democratic Party's attempts to oppose Trump through the courts are unjust and unprecedented. He voiced his displeasure at the alleged lying and manipulation by Democrats in a number of instances, including the handling of Clinton's emails. Also Read :Donald Trump botches the name of his best friend Elon Musk, and then this happened

Narendra Modi assured the CEOs of semiconductor industry that his government will follow a “predictable and stable” policy regime even as he emphasized that India has the wherewithal to become a reliable partner in the diversified semiconductor supply chain. Ahead of the Semicon India conclave, the prime minister chaired on Tuesday a Semiconductor Executives Roundtable in which he underlined that democracy and technology together can ensure the wellbeing of humanity. He gave assurances to the CEOs that India will provide a conducive environment for growth in the semiconductor sector. “The Indian government will follow a predictable and stable policy regime. With the focus of Make In India and Make for the World, the government will continue to support the industry at every step,” Modi said, according to officials.

Nvidia is going through an epic nosedive, having lost nearly $470 billion last week. However, there are still chances that the company will rise through the ashes, once its AI chip is on the market. There are also rumors that the stock price is being driven down with a motive to earn profits after its one-of-a-kind artificial intelligence-enabled chip is launched into the markets, which will make the company's stock rally upwards.