Top news of the week: Bengaluru's Rameshwaram Cafe blast, Vijay Shekhar Sharma resigns, Anant-Radhika pre-nuptial bash
Paytm, announced on Monday that founder Vijay Shekhar Sharma has resigned from the board of Paytm Payments Bank. “The Company has been separately informed that Vijay Shekhar Sharma has also resigned from the Board of Paytm Payments Bank to enable this transition. PPBL has informed us that they will commence the process of appointing a new Chairman," the company said in an exchange filing.
The National Company Law Tribunal (NCLT) has registered a new plea filed by four investors against Byju’s, the Indian Edtech major. The investors have accused the company’s management of oppression and mismanagement, according to a report. This marks the fifth legal challenge against Byju’s filed in the NCLT and the fourth in 2024 alone.
For the first time ever, the Nifty 50 crossed 22,300 intraday, while the Nifty Bank touched 47,000 intraday. Sensex hit record high and crossed over 73,700-mark. The Central Election Committee (CEC) of Bharatiya Janata Party—chaired by Prime Minister Narendra Modi—on Thursday night met at the party headquarters in the national capital to take a call on the first list of candidates for the upcoming Lok Sabha elections.
The list is likely to be out soon. The Congress-led Himachal Pradesh government suffered a major setback after losing the Rajya Sabha elections because of cross-voting to the BJP. The grand old party lost the lone seat of the state in the Upper House of Parliament after its six MLAs cross-voted for the BJP.
Moreover, Congress senior leader and minister Vikramaditya Singh announced his resignation from the cabinet. With the disqualification of the six Congress rebel MLAs, the strength of the House has reduced from 68 to 62. Absconding Trinamool Congress (TMC) leader Sheikh Shahjahan was
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