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Byju's Crisis: Union Minister Rajeev Chandrasekhar offered a blunt assessment of Byju's current crisis, attributing it to the company's rapid expansion without adequate corporate governance. "They tried to grow too fast, without the rigour: and discipline a growth company needs, especially when money was easy," he stated, while addressing the Mumbai Tech Week, according to a report by Hindustan Times. The minister emphasized that neglecting these principles, particularly during periods of easy access to capital, creates an unsustainable model.

Pathaan is back on a new mission! Shah Rukh Khan has reportedly signed the dotted line for a sequel to the 2023 blockbuster ‘Pathaan’. ‘Pathaan’ ended on a promising note, with a hint that King Khan will be back as the suave spy and lead a new team of agents to protect the country from terrorism. It looks like the makers are ready to deliver that promise!

Lupin Ltd. fell 0.87 per cent to Rs 1573.65 in Tuesday's trade as of 01:49PM (IST) even as the benchmark Nifty ruled at 22156.15, up 33.91 points. The scrip had closed at Rs 1587.55 in the previous session. The stock quoted a 52-week low of Rs 628.1 and a high of Rs 1701.0. The company quoted a market-cap of Rs 71575.06 crore on the BSE.

Centre accept their demands, including a legal guarantee on the minimum support price (MSP) for crops and farm loan waiver, and said they will head to Delhi on Wednesday. His statement came a day after the farmer leaders taking part in the «Delhi Chalo» agitation rejected the Centre's proposal for procuring pulses, maize and cotton at the MSP by government agencies for five years, saying it was not in favour of farmers. In the fourth round of talks with the farmer leaders on Sunday, a panel of three Union ministers proposed that government agencies would buy pulses, maize and cotton at the MSP for five years after entering into an agreement with farmers. The Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha are spearheading the «Delhi Chalo» march.

Editors Guild of India on Tuesday termed as «worrisome» the arrest of an on-duty television journalist by the West Bengal Police. In a statement here, the Guild said the journalist — Santu Pan — was reporting live on television when he was whisked away by policemen. Pan, a journalist with Repulic Bangla, was arrested from Sandeshkhali in West Bengal on Monday late evening. «His arrest while on duty is worrisome,» the Guild said.

Wankhede after the ED took cognisance of a first information report (FIR) by the Central Bureau of Investigation (CBI) in an alleged ₹25-crore bribe demand from Bollywood superstar Shah Rukh Khan's family to spare his son Aryan Khan in a drugs case. In the beginning of this month, the former NCB officer had filed a petition in the Bombay High Court seeking to quash the ED's case. He has also sought, through an interim order, protection from any coercive action and a stay on the agency's probe.

₹57,881 crore). More than 75 per cent of elderly people in India suffer from chronic diseases and these figures indicate the potential of the home-based care market in India.

Sandeshkhali to engage with the residents. Here are the top ten updates on the Sandeshkhali violence story. 1.

Speaking to Bloomberg's UK Politics podcast, he said the BoE's credibility is under threat if it does not pivot on interest rates. Haldane, who was chief economist between 2014 and 2021 and is now CEO of the Royal Society of Arts, argued the UK is still «looking at best, at a year of anaemic growth», citing risks on the downside as well. UK enters technical recession as economy shrinks 0.3% in Q4 2023 He said there was a risk the BoE could worsen the UK's recession unless it started loosening its monetary policy, claiming that is where the «balance of risks lies». «For me, the c...

The report revealed £89bn of the holdings analysed were owned by institutions, while wealth managers held 25% at £44bn, private investors owned 23% at £41bn and adviser platforms held 2% at £4bn. Institutions increased their share of investment trusts from 49% at the end of December 2022 to 50% at the end of December 2023. Wealth managers' share declined by one percentage point from 26% to 25%. Irish Residential Properties REIT shareholders reject board reshuffle at EGM despite major dissent «The shift from wealth managers to institutions is largely accounted for by movements in th...

AltLayer, a rollups platform focusing on blockchain scalability, has raised $14.4 million in a strategic funding round.

LONDON — Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender delivered its first major strategy update since 2016.

Haldwani was lifted completely on Tuesday morning, marking the end of the restrictions that had been imposed for 12 days following violent incidents sparked by the demolition of an “illegal" madrasa. As reported by PTI citing an official directive, the curfew was lifted at 5 am. Throughout the period when the curfew was enforced, the administration provided intermittent relaxation for different durations.

Also Read | Union Minister Rajeev Chandrasekhar reacts to Paytm controversy: 'Being FinTech doesn't absolve anybody from...' “We will exploit AI to its fullest for achieving the goals of our economic growth, ensuring that it makes a big impact on healthcare & agriculture among others," said Chandrasekhar during his discussion with Anant Goenka during the Mumbai Tech Week on February 19, as per PIB. Also Read | Rajeev Chandrasekhar on India's digital-first strategy: Innovation, R&D focus, must not be afraid of AI Further expanding on the government's stance on AI, Chandrasekhar added, “We intend to exploit AI to its fullest for achieving the goals of our economic growth, ensuring that AI makes a big impact on healthcare and drug discovery, as well as on agriculture and farmer productivity.

OnePlus 12 vs OnePlus 12R comparison: Is the ₹25,000 price gap worth it? Sharing the teaser image for the new product via its X account, OnePlus wrote, “It’s about time". Although OnePlus hasn't officially confirmed the name of the upcoming product, it is highly anticipated that the latest product from the company will be the OnePlus Watch 2.

Adani Enterprises started as a commodity trading business in 1988, specialising in agricultural goods and textiles. By the early 1990s, the company broadened its scope to include the import and export of both raw materials and finished products. Then, in the late 1990s, the company began diversifying across various sectors such as infrastructure, logistics and energy.

Also Read: Stocks to buy: NCC, Talbros Automotive among three fundamental stock picks by HDFC Securities “Banks will choose better yield retail lending over tightly priced corporate loans to utilize the available liquidity at an optimum level. We believe RoA for private banks has peaked out, resulting in a consolidation phase for stock prices, which should stay till spread expansion materializes," said InCred Equities analysts Jignesh Shial and Rishabh Jogani in a report. The analysts believe public sector banks (PSBs) are better placed on the liquidity front compared to private sector banks with their lower loan-to-deposit ratio (LDR) and higher liquidity coverage ratio (LCR).

Maharashtra government on Tuesday approved a bill, extending reservation to Marathas above the 50 per cent mark in a special session of the state legislature. The bill for 10 per cent Maratha quota that the Mahayuti government of Eknath Shinde has approved on Tuesday is similar to the Socially and Educationally Backward Classes Act, 2018, introduced by the then Devendra Fadnavis government. This is the third time in a decade that the state has introduced legislation for the Maratha quota.

The NSE Nifty index was trading 23.71 points down at 22098.55, while BSE Sensex was up 35.19 points at 72743.35 at the time of writing this report.

ICICI Prudential Life Insurance Company Ltd. gained 1.42 per cent to Rs 522.0 in Tuesday's trade as of 11:16AM (IST). The stock hit a high price of Rs 523.0 and low of Rs 509.9 during the session. The return on equity (ROE) for the stock stood at 8.09 per cent. Traded volume on the counter stood at 11:16AM shares and turnover at Rs 0.53 crore around that time. The stock of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high price of Rs 615.55 and 52-week low prices of Rs 380.95, respectively.

quasar with a black hole at its heart growing so fast that it swallows the equivalent of a sun a day.The record-breaking quasar shines 500 trillion times brighter than our sun. The black hole powering this distant quasar is more than 17 billion times more immense than our sun, an Australian-led team reported Monday in the journal Nature Astronomy.While the quasar resembles a mere dot in images, scientists envision a ferocious place.The rotating disk around the quasar’s black hole — the luminous swirling gas and other matter from gobbled-up stars — is like a cosmic hurricane.“This quasar is the most violent place that we know in the universe,” lead author Christian Wolf of Australian National University said in an email.The European Southern Observatory spotted the object, J0529-4351, during a 1980 sky survey, but it was thought to be a star.