SC stays NCLAT nod to Byju's settlement with BCCI

SC stays NCLAT nod to Byju's settlement with BCCI

The Supreme Court on Wednesday halted the National Company Law Appellate Tribunal (NCLAT) order setting aside the insolvency proceedings against embattled edtech firm Byju after approving its settlement with the Board of Control for Cricket in India (BCCI) in connection with repayment of dues of over Rs 158 crore. Aug 14, 2024
UK Police

Misinfo-triggered riots: UK Police arrest 1,000 people

UK police have arrested over 1,000 individuals in connection with recent riots involving violence, arson, and looting, which were sparked by misinformation. Many have been charged and jailed, with sentences ranging from vandalism to violent disorder. Aug 14, 2024
Musk's Trump interview delayed by cyberattack

Cyberattack delays Trump interview to Elon Musk

The highly anticipated interview of former US President Donald Trump by Elon Musk on the social media platform X that the latter owns was way behind schedule because of technical issues. Aug 13, 2024
Heavy rainfall in Rajasthan

Rain wreaks havoc in Rajasthan: 20 killed in 24 hours

Rajasthan is struggling with a tragic situation as heavy rains have claimed as many as 20 lives in the last 24 hours. The state's education department was compelled to close schools in seven districts on Monday. Aug 12, 2024
India's Manufacturing Sector Attracts $165bn FDI

Monday's sharp correction makes markets move uncertain

The correction which had set in on Friday of the previous week (2nd August) continued and we saw a sharp sell-off on Monday. Probably this was a fall which post-covid market participants had never seen before. One must ignore of course the fall witnessed on June 4 when results were declared for the general elections which were lower than what the exit polls had said. This saw a sharp reaction from the markets in India and also globally. Aug 11, 2024