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Macquarie Capital is writing down nearly its entire investment in Indian startup Byju’s, weeks after Swiss bank Julius Baer Group Ltd. accused it of charging fees based on an outsized and outdated valuation, according to people familiar with the matter. The unit of Australia’s Macquarie Group Ltd. is cutting the value of its stake in the beleaguered education provider by about 98%, the people said, asking not to be identified because the matter is private. Macquarie Capital invested a few hundred millions of dollars in Byju’s in 2021, said the people.

Rameshwaram cafe blast that occurred on Friday. Moments before the explosion, he had stepped out to answer a phone call from his mother. Recounting the close call, the techie from Patna told NDTV that he is a regular visitor to the cafe and after taking dosa he was proceeding towards his usual seat when his mother rang up. As there was some bit of noise around, he stepped away a bit to speak with his mother. Then there was a huge blast and black smoke all around, he said, adding that the noise was so loud that people were holding their ears. The software professional said that he will not hesitate to go the cafe again after it reopens and hopes there will be more security measures in place. The cafe, located at Whitefield's Brookfield area, is usually crowded with employees from nearby offices during the lunch hours. A Press Trust of India report, citing an eyewitness, said that at the time of the explosion there were around 35-40 people at the eatery. The blast, occurring between 12:50 pm and 1 pm, resulted in injuries to 10 individuals, including hotel staff and customers, who are currently receiving medical treatment.

liar number one, Congress rebel Rajinder Rana on Saturday said that «neither Public Works Minister Vikramaditya Singh had told Sukhu that he is meeting the Congress rebels at Panchkula nor he had sent him.» In an exclusive interview with PTI, Rana said the chief minister was trying to twist the facts and Vikramaditya Singh, who met them on his way to Delhi, did not ask them to come back or patch up. He has his own grievances with the government which failed to provide land for installing former chief minister Virbhadra Singh's statue and interfered in his functioning. Sukhu had on Friday said that Singh had told him that some Congress rebels had approached him and they wished to come back, following which he told the PWD minister to talk to the rebels MLAs and the Congress' central leadership. In a setback for the ruling Congress in Himachal Pradesh, the BJP on Tuesday won the state's lone Rajya Sabha seat despite being in minority with just 25 MLAs against 40 of the Congress as nine MLAs, including six from the Congress and three independents, voted for BJP candidate Harsh Mahajan.

Iris Apfel, a textile expert, interior designer and fashion celebrity known for her eccentric style, has died. She was 102. Her death was confirmed by her commercial agent, Lori Sale, who called Apfel «extraordinary.» No cause of death was given. It was also announced on her verified Instagram page on Friday, which a day earlier had celebrated that Leap Day represented her 102nd-and-a-half birthday. Born Aug. 29, 1921, Apfel was famous for her irreverent, eye-catching outfits, mixing haute couture and oversized costume jewelry. A classic Apfel look would, for instance, pair a feather boa with strands of chunky beads, bangles and a jacket decorated with Native American beadwork.

The Economist decided to follow those shoes. The story starts with a wish. The shoes Fatimah wants are white and camel, open-toe sandals.

Gaza, where nearly 2m Palestinians have been forced out of their homes. Even larger numbers have been displaced in Congo, Sudan, Syria and Ukraine. Most people feel compassion when they see fellow humans fleeing from bombs, bullets or machetes.

Mint, requesting anonymity. This follows a company-wide email by founder Byju Raveendran on Saturday which said that the firm was facing difficulties in disbursing February salaries to its approximately 20,000 employees. The company's monthly salary expenditure amounts to about $10 million, the person cited above said.

Strong GDP growth and a weak monsoon drove up India's energy-related carbon emissions by around 190 million tonnes in 2023, though the country's per capita emissions remain far below the global average, the International Energy Agency said. Global energy-related carbon emissions grew by 1.1 per cent in 2023, increasing 410 million tonnes (Mt) to reach a new record high of 37.4 gigatonnes (Gt) in 2023, the International Energy Agency (IEA) said on Friday. It said emissions in China grew around 565 Mt in 2023, the largest increase globally and a continuation of its emissions-intensive economic growth in the post-pandemic period. Per capita emissions in China are now 15 per cent higher than in advanced economies. However, China continued to dominate global clean energy additions.

Trinamool Congress on Saturday claimed that Prime Minister Narendra Modi's criticisms on corruption «sound hollow» as he shared the stage with leader of the opposition Suvendu Adhikari who is an accused in the Narada case. Senior TMC leader Shashi Panja, who is the state's Women and Child Development Minister, also claimed that the PM visits West Bengal only before elections. «Bengal gets to see the PM only when elections are around the corner. He came in 2021 and he is again coming back before the ensuing general elections,» Panja told PTI-Video. Responding to the prime minister's attack on the TMC over allegations of corruption, Panja said, «May we ask why he shared the stage with Narada-tainted BJP leader Suvendu Adhikari?»

Rockstar cleverly integrated it into a recent GTA Online weekly update, sparking widespread curiosity and speculation among the community. Data miners have already uncovered details about the setup missions and the final showdown, with mission names like Slush Fund, Breaking and Entering, Concealed Weapons, Hit and Run, and Disorganized Crime adding to the anticipation.

Haresh Jogani to pay his brothers Shashikant, Rajesh, Chetan and Shailesh Jogani more than $2.5 billion in damages and to divide up shares of their Southern California property empire — about 17,000 apartments worth billions more. The trial, over allegations that Haresh breached a longstanding partnership with his siblings, continues with a punitive damages hearing Monday that could add to the award. The 2003 lawsuit already has been through 18 appeals, generations of attorneys and five judges in Los Angeles Superior Court.

Follow Bengaluru Rameshwaram Cafe blast LIVE Updates here Here are the latest developments in connection with the Rameshwaram Cafe blast: 1. The Bengaluru Police registered a case under the stringent Unlawful Activities (Prevention) Act and Explosives Substances Act in connection with the explosion at the popular quick-service eatery. 2. Sleuths of the Central Crime Branch probing the case are interrogating the four detained for questioning in the Rameshwaram Cafe blast case, sources told news agency PTI.

The highest allocation has been made to Nippon Life India Trustee LTD-A/C Nippon India Small Cap Fund at 26.72% followed by Aditya Birla Sun Life Insurance Company (10.68%), Pinebridge Global Funds (8.01%) and Bajaj Allianz Life Insurance Company.

Delhi: Rat-hole miner Wakeel Hassan, who had lost his house in a demolition drive, has rejected another offer of a house in Dilshad Garden here by the authorities, he told PTI on Saturday. «On Friday night, four government officers, including an SDM, came and offered me a house in Dilshad Garden but I refused to accept it as they wanted me to shift on a temporary basis,» Hassan said. «It was also not in writing. That house belongs to an NGO,» he said. Hours after the demolition, DDA officials offered Hassan to move to an EWS (economically weaker sections) flat at Narela, which is far from Khajoori Khas in northeast Delhi. Hassan rejected it saying it was «far and unsafe».

Amit Shah on Saturday launched the National Urban Cooperative Finance and Development Corporation (NUCFDC) and asked the umbrella body to set up one urban cooperative bank in each town. He also said urban cooperative banks should upgrade themselves to provide ATM facility, credit/debit cards, clearing system, maintain SLR (statutory liquidity ratio) limit and refinancing. NUCFDC has received the RBI approval to function as a non-banking finance company and a self-regulatory organisation for the urban cooperative banking sector. After launching NUCFDC, Shah said, «After 20 years, NUCFDC has been established. This is the need of the hour. I am happy the RBI has given approval for this.»

RJD on Saturday hailed the disqualification of six Congress MLAs in Himachal Pradesh who had recently crossed over to the BJP and expressed hope that similar action will be taken against turncoats in Bihar. RJD national spokesperson and Rajya Sabha MP Manoj Kumar Jha, whose party has lost five of its MLAs to the state's ruling NDA, made a statement to the effect at a press conference. «The defectors do not make up for two-thirds of the party's total strength in the Bihar Assembly. Their membership of the House, hence, cannot be sustained,» asserted the RJD leader, whose party had 79 MLAs until legislators began walking over to the ruling side in phases. «Turncoats in Himachal Pradesh have been disqualified on the grounds that exist in Bihar too. We urge the Speaker here to take note and take appropriate action. If he does not, we will take legal recourse,» Jha said.

Avtar Saini this week is reminiscent of a similar event last year when Rajalakshmi Vijay, the then CEO of a technology firm, lost her life in a morning jog accident after being struck by a speeding SUV in the Worli area of south Mumbai. Rajalakshmi Vijay was the CEO of Altruist BPO. She was hit by a speeding car during her morning walk on the Worli seaface promenade in March last year. Altruist BPO in a LinkedIn post had said: «She was a visionary, filled with boundless passion and energy to fulfill her goals, both personal and professional. She grew Altruist BPO in a remarkably short span of time. She was a fitness enthusiast and a perfectionist with a great talent for numbers. We are determined to keep her vision and goals as our lighthouse, and business will go on. We thank Rajalakshmi (Raji) Vijay for everything.» Rajalakshmi Vijay was a regular marathon runner and was a chartered accountant. She had served in many companies, including Airtel, Flipkart and Tata Motors. Writing about her preparation for the Tata Marathon, she had written this on social media: “I have added life to my days, I have added friends to my life. I have added the booster shot to my work.

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Vivek Taneja also died after succumbing to assault injuries in Washington. Vivek Saini, another Indian student who had recently earned an MBA degree in the US and was hammered to death by a homeless drug addict in Georgia state’s Lithonia city Last month, an Indian student, Syed Mazahir Ali, faced a brutal attack in Chicago on February 4.

cricket matches each in this tournament so far. Both have won two and lost one. While both the teams have 3 points each, RCB are ahead in the Net Run Rate (NRR).

StockSelect recommendations was for Asian Paints. In April 2004, we advised Equitymaster subscribers to buy shares in this paint company. At that time, Asian Paints was beginning to feel the pinch of rising crude oil prices on its profit margins, facing stiff competition from rivals like Goodlass Nerolac, Berger Paints, and Sherwin Williams.