India News & Trends
CNN-News18 introduces Shawan Sens Raw Report
Shawan Sen, a professional journalist, is the anchor of CNN-News18's new program, Raw Report. Starting on August 3, the program will air on television, connected TV (CTV), and YouTube on weekdays at 12 and 10 p.m. By providing exclusive stories, ground reporting, and context surrounding the day's most significant events, Raw Report seeks to go beyond headlines by fusing live reporting with in-depth analysis. Using the network's reach, each edition will aim to provide viewers with a new, unique perspective on the most important news of the day.The article that sets the agenda for the day will be the main topic of the 12 p.m. edition. The show will explain developments using on-the-ground reporting, in-depth images, and crisp, data-driven graphics rather than just broadcasting breaking news, assisting viewers in comprehending the wider picture as events take place.A thorough summary of the day's most important domestic and international stories will be provided in the 10 p.m. edition. It will give viewers a 360-degree view of the events influencing the news cycle, based on in-depth reporting and perceptive analysis. Every story that Raw Report covers will include an exclusive news break in addition to a major newsmaker of the day. For the second time, Shawan Sen has joined CNN-News18 as Executive Editor – Enterprise & Special Investigations. From September 2012 to July 2016, he covered crime, defence, and intelligence services as a Senior Correspondent for CNN-IBN. He has also collaborated with Times Network, Republic TV, The Times of India, and The Indian Express over the years.Rahul Shivshankar, Editorial Affairs Director, CNN-News18, announced the launch, saying, "As the nation's top English news channel, we have to keep evolving with it. News consumption is changing rapidly." At CNN-News18, we're always experimenting with formats to increase the engagement of our reporting without sacrificing authenticity. One such step is the Raw Report. Original reporting, enterprising journalism, and insightful analysis are its cornerstones. Shawan's return demonstrates our dedication to bolstering our editorial staff with some of the best journalists in the industry. He is a great asset to our newsroom because of his background as a field reporter and his knack for breaking news."Shawan Sen, Executive Editor-Enterprise & Special Investigations at CNN-News18, offered his thoughts on the new program: "Returning to CNN-News18 is special because it's a newsroom that has always believed in strong reporting." Being where the news is, getting to the facts first, and providing viewers with verified, first-hand information are the cornerstones of the journalism I've practiced throughout my career. The goal is to cut through the clutter and provide a clear explanation of each story's essential elements. We've done our job if viewers leave believing what we report and comprehending the narrative more fully."
Published 03 Aug 2026 04:22 PM
Your heritage lends you credibility. You get the future through relevance: From Anirban Banerjee to classic brands
Nostalgia is not a viable strategy for legacy brands. Anirban Banerjee, CEO of Eveready Industries India Ltd., stated during his keynote speech at Adgully's CMOs' Charcha-Kolkata Chapter 2026, which is presently taking place in Kolkata, that they must always change in order to be significant for future generations of consumers. Speaking to a group of marketers, brand executives, and business experts, Banerjee discussed Eveready's own transformation process and made the case that, although longevity is an accomplishment, a brand's relevance ultimately decides its survival."We celebrate longevity when we have a brand. However, longevity on its own is only a success if the brand continues to be relevant to every new generation and shifting market. "Your longevity is remembered and celebrated if you continue to provide what customers need at that point in time," he emphasized. Banerjee began his lecture by citing well-known businesses to illustrate his claim that a brand's past does not ensure its future. Because they reimagined themselves, many legendary brands have endured. Others vanished while leaving behind a great legacy. Survival is never assured, even for the largest brands. Because of this, the issue of relevancy keeps coming up, he explained.Banerjee cited companies like Lego, Asian Paints, and Amul as examples of how they have effectively adjusted to shifting consumer demands through innovation, diversification, and ongoing reinvention while maintaining their essential character.Speaking about Eveready, one of the most well-known and established consumer brands in India with strong ties to West Bengal, Banerjee stated that the company's goal is to appeal to younger consumers in addition to maintaining its legacy. "Maintaining the heritage is not the problem. Making the heritage relevant for young people and Gen Z consumers is a challenge. He admitted that as brands become more iconic, transition gets harder. "Change feels harder the more iconic a brand gets. It seems dangerous. However, the risk of staying the same is considerably greater.Banerjee discussed how Eveready has been updating its brand to better suit the evolving needs of its customers. A modern design inspired by an infinity loop, which represents unending energy and limitless potential, replaces the long-standing, well-known "Give Me Red" positioning in the revised identity. Banerjee claims that the transformation is about communicating the brand's heritage in a way that appeals to modern consumers rather than giving it up. "Our identity now represents empowerment and limitless possibilities instead of just energy."
Published 28 Jul 2026 05:41 PM
From Stage to Screen and Beyond: Kubbra Saits Numerous Reimaginings
Actor and author Kubbra Sait is once again showing her ability to reinvent herself through her latest project, Humanaige. Known for taking on bold and meaningful roles, Kubbra continues to explore new ways of expressing herself. The project highlights her journey from theatre and films to fresh creative spaces, proving that she is much more than just an actress.Over the years, Kubbra has built a career by choosing characters that leave a lasting impact. From her breakthrough performance in Sacred Games to international projects and public speaking, she has never been afraid to step outside her comfort zone. Humanaige reflects this same spirit, presenting different sides of her personality while celebrating growth, confidence, and creativity. Speaking about her journey, Kubbra has often shared that she believes in constant learning and embracing change. Instead of following a fixed path, she prefers taking on projects that challenge her and help her grow. This mindset has made her one of the most versatile performers in the entertainment industry today.With Humanaige, Kubbra Sait continues to inspire audiences by showing that success comes from being open to change and trying new things. Whether on stage, on screen, or through creative collaborations, she keeps redefining herself and encouraging others to embrace their own unique journeys.
Published 27 Jul 2026 09:38 PM
In Q1 of FY27, PVR INOX reports a profit of ₹70.5 crore.
India's largest multiplex chain, PVR INOX, has reported a strong financial turnaround in the first quarter of FY27 by posting an adjusted net profit of ₹70.5 crore, compared to a loss of ₹33.5 crore in the same quarter last year. The impressive recovery was driven by strong box office collections, higher footfalls across cinemas, and increased spending by moviegoers on food and beverages. The company's total revenue rose nearly 12% year-on-year to ₹1,642.3 crore, reflecting growing consumer interest in the theatrical movie experience despite competition from streaming platforms. The company also recorded a significant improvement in its operating performance. Adjusted EBITDA increased by around 90% year-on-year, while operating margins improved from 8.2% to 14%. This growth was supported by successful film releases across Hindi and regional languages, improved ticket sales, premium cinema formats, and better cost management. The strong financial results indicate that PVR INOX has successfully strengthened its business after the merger of PVR and INOX and is benefiting from better operational efficiency. Another major achievement for the company is that it has become net cash positive, reporting ₹80.7 crore in net cash as of June 30, 2026. This marks a remarkable improvement from the large debt position the company carried at the time of the PVR–INOX merger. A stronger balance sheet gives the company greater financial flexibility to invest in expansion, improve cinema infrastructure, and introduce more premium movie experiences for customers. Looking ahead, PVR INOX plans to continue its growth by opening 90 to 100 new screens during FY27, focusing mainly on asset-light and capital-efficient expansion. The company expects a strong lineup of upcoming Bollywood, Hollywood, and regional films to attract more audiences in the coming quarters. Industry experts believe that if content quality remains strong and consumer demand continues, PVR INOX is well-positioned to maintain its profitability and strengthen its leadership in India's multiplex cinema industry.
Published 23 Jul 2026 05:10 PM
BSP leader Randhir Beniwal, Akash Anands father-in-law, is expelled by Mayawati
New Delhi: On Sunday, Mayawati, the president of the Bahujan Samaj Party (BSP), dismissed national coordinator Randhir Singh Beniwal, father-in-law of her nephew Akash Anand, and former Rajya Sabha MP Ashok Siddharth from the party due to his lack of discipline and anti-party behaviour.The action follows the denial of rumours regarding Anand's involvement in the distribution of tickets for the Uttar Pradesh elections in 2027. Mayawati had stated on July 31 that she was personally in charge of the party's election preparations, presiding over review sessions in Lucknow, and selecting candidates. She dismissed as "completely baseless" claims that Akash Anand was choosing party nominees, stating that interviews had already taken place and that over two dozen people had been selected. Mayawati claimed on Sunday that rumours about Siddharth's return to Uttar Pradesh were a part of a "deliberate conspiracy" to confuse party members and sabotage 2027 election preparations. She declared that Siddharth had been banished immediately and would never be allowed to return.Randhir Singh Beniwal, the BSP national coordinator, was also dismissed by her due to persistent transgressions of party rules. According to party sources, Beniwal neglected to concentrate on Punjab, which is headed for elections.
Published 03 Aug 2026 04:43 PM
Bihar bypoll Prashant Kishor is leading according to early indicators as the Bankipur byelection counting gets underway.
In the first rounds of vote counting, newcomer Prashant Kishor overtook adversary Neeraj Kumar of the BJP. He has won five straight rounds as of 11.30 a.m.Voting for the Bankipur Assembly bypoll in Bihar started at 8 a.m. on Monday, August 3, 2026, in Patna. Everyone was watching to see if Jan Suraaj Party rookie Prashant Kishor would unseat the BJP.Nitin Nabin, the national president of the BJP, resigned after being elected to the Rajya Sabha in April, necessitating a by-election."The counting of votes for the Bankipur by-election began amid tight security arrangements," an official stated. Voter turnout in the July 30 bypoll was 34.30%, a decrease of about 7% from the 41.45% registered in the last Assembly elections. This time, there are 26 contenders in the race. In November 2025, Mr. Nabin defeated his closest opponent, Rekha Gupta of the RJD, by more than 50,000 votes to win the Assembly seat for the fifth time in a row. Mr. Gupta was once more nominated by the RJD for the by-election. The BJP, which has never lost the Assembly segment since 1995 when it was known as Patna West, has fielded low-key youth wing leader Neeraj Kumar Sinha, while Prashant Kishor, a former poll strategist who founded the Jan Suraaj Party a few years ago, is running in his maiden election.As early indications of the Bankipur Assembly by-election indicated founder Prashant Kishor leading, joyful Jan Suraaj Party members gathered at the party's camp headquarters. While closely monitoring the current vote count, followers of the former poll strategist-turned-politician raised slogans in favour of him and praised his impressive start in his first election.
Published 03 Aug 2026 04:30 PM
Kiran Thadimarri is named CFO by IndiGo parent InterGlobe Aviation, while Gaurav Negi is appointed advisor.
InterGlobe Aviation, the parent company of IndiGo, has announced an important leadership change in its finance team. The company's Board of Directors has appointed Kiran Thadimarri as the new Chief Financial Officer (CFO), effective July 28, 2026. Before this promotion, Thadimarri served as the Deputy CFO and has been closely involved in the company's financial planning and business operations. At the same time, Gaurav Negi, who has been leading the finance function as CFO since 2022, will move into a new position as Advisor to the Managing Director. The company said this transition has been carefully planned to ensure continuity in financial leadership while allowing both executives to contribute in roles that best support IndiGo's long-term growth. The appointment comes at a significant time for IndiGo, India's largest airline, as it continues to expand its domestic and international network while also dealing with rising operating costs and increasing competition in the aviation sector. Kiran Thadimarri brings valuable experience to the role, having worked with leading organizations such as Udaan and General Electric before joining IndiGo. His understanding of the company's financial operations and strategic priorities is expected to help strengthen its financial management during a period of rapid growth. Meanwhile, Gaurav Negi will continue to play an important role by advising the Managing Director, ensuring that his knowledge and experience remain available to the company during this transition. Industry experts see this leadership change as a smooth internal succession rather than a major restructuring. Promoting an experienced executive from within the organization reflects IndiGo's focus on stability and long-term planning. The airline has recently faced pressure from higher fuel prices and reported another quarterly loss, making strong financial leadership especially important. With Kiran Thadimarri taking charge as CFO and Gaurav Negi continuing in an advisory capacity, the company aims to maintain confidence among investors, employees, and stakeholders while continuing its expansion plans and strengthening its position in India's fast-growing aviation market.
Published 28 Jul 2026 06:12 PM
In a significant bureaucratic reorganisation, IRS Officer Satya Pal Kumar was appointed FIU Director.
In a major bureaucratic reshuffle, Satya Pal Kumar, an officer from the Central Information and Research Service (CIRS), has been appointed as the new Director of the Financial Intelligence Unit (FIU). The appointment is part of the government’s latest administrative changes aimed at strengthening key financial and regulatory departments. Satya Pal Kumar brings experience in handling important government responsibilities and is expected to play a crucial role in improving FIU’s operations. The Financial Intelligence Unit works under the Ministry of Finance and is responsible for monitoring financial transactions, detecting money laundering activities, and helping agencies track illegal financial networks. His appointment comes at a time when financial security and transparency have become major priorities for the government. The FIU plays an important role in analysing suspicious transactions and coordinating with enforcement agencies to prevent financial crimes. The bureaucratic reshuffle includes changes across several departments, with new officers being given responsibilities to improve efficiency and governance. Kumar’s new role as FIU Director is expected to further strengthen India’s efforts in combating financial crimes and maintaining a secure financial system.
Published 27 Jul 2026 10:02 PM
The second-largest worldwide opening weekend for a new Spider-Man movie
Spider-Man: Brand New Day exceeded its expected $225 million production budget with $927 million (£687 million) in ticket sales worldwide, making it the second-biggest opening weekend ever. The superhero film, which stars real-life husband and wife Tom Holland and Zendaya, trails behind Avengers: Endgame, which made over $1.2 billion on its first weekend of release in 2019. With $335 million in box office receipts, Brand New Day also set a second-best North American record.After a spate of underperforming Marvel films in recent years, the film's good performance gives Marvel Studios a much-needed lift ahead of the much awaited release of Avengers: Doomsday in December. A few years after Spider-Man: No Way Home in 2021, Brand New Day, which debuted in theatres this week, follows Peter Parker as he fights crime in a society that has forgotten he is the masked superhero. Reviews for the most recent installment of the wildly successful franchise were overwhelmingly positive, with several praising Holland's performance as Spider-Man to date. According to distributor Sony Pictures, Brand New Day earned $572 million from over 73,000 screens outside of the US, including $121 million from China. Over the weekend, $49 million worth of tickets were sold in the UK. Kevin Feige, president of Marvel Studios, described the debut of Brand New Day as "truly phenomenal" and expressed gratitude to viewers for "coming out and experiencing our film the way it was meant to be seen."Before Doomsday, the eagerly anticipated conclusion of several superhero story arcs following Avengers: Endgame, the movie represents Marvel's final big-screen production. Since Endgame, Marvel films have not been able to draw the same wide crowds as they did during their heyday. Although they were among the studio's lowest-grossing films, big-budget productions like The Marvels and The Thunderbolts recovered their production expenses. No Way Home has sold about $2 billion in tickets, making Spider-Man one of Marvel's most profitable franchises. Since the Covid-19 outbreak, moviegoing has decreased, hastening the transition to home-streaming services like Netflix. However, the big screen has made a sort of comeback this year, with box office receipts in North America expected to surpass $10 billion for the first time since 2019. Blockbuster hits like Toy Story 5, Michael, and The Super Mario Galaxy Movie—all of which have generated over $1 billion—helped with that. Brand New Day, which opens in July, and Christopher Nolan's adaptation of the great Greek poem, The Odyssey, are also expected to surpass $1 billion.
Published 03 Aug 2026 04:29 PM
Trailer for Batwara 1947 Sunny Deol battles Pakistan once more, this time for the religion of Maa.
The trailer of Batwara 1947 has created a strong buzz among movie lovers and marks Sunny Deol’s return in another powerful role set against the backdrop of India’s Partition. While many viewers are comparing the film to Gadar, the trailer makes it clear that this story is not only about India and Pakistan but also about humanity, sacrifice, and the unconditional love of a mother. Sunny Deol plays a fearless man who stands up against violence and hatred during one of the most painful periods in history. His powerful dialogues, intense action scenes, and emotional expressions remind audiences why he is still one of Bollywood’s most loved action stars. The film is directed by Rajkumar Santoshi, reuniting him with Sunny Deol after many years, a combination that has earlier delivered memorable films. One of the biggest highlights of the trailer is its emotional message about the “religion of Maa.” Instead of focusing only on conflict, the film shows how the love, care, and sacrifices of a mother rise above every religion, border, and political divide. Veteran actress Shabana Azmi plays a central role, and her emotional scenes with Sunny Deol leave a lasting impact. The trailer also features Preity Zinta, Ali Fazal, and Karan Deol in important roles, making the story feel even more powerful. Beautiful visuals, strong background music, and heartfelt performances add depth to the film and suggest that it will be an emotional journey rather than just an action drama. Fans have reacted positively to the trailer on social media, praising Sunny Deol’s commanding screen presence and the film’s emotional storytelling. Many viewers feel that the movie carries a meaningful message of peace, compassion, and unity while portraying the pain and suffering caused by Partition. Ahead of the trailer launch, Sunny Deol also dedicated the film to his mother, saying, “Meri Maa hi mera Rab hain,” which perfectly matches the film’s emotional theme. Batwara 1947 is scheduled to release in theatres on August 14, 2026, and expectations are already high for what could become one of the biggest patriotic and emotional films of the year.
Published 28 Jul 2026 06:06 PM
Jana Nayagan Box Office Collection Day 4 Updates: Vijays film struggles on Monday following an opening weekend of almost Rs 200 cr.
Thalapathy Vijay's Jana Nayagan had a powerful opening weekend, collecting more than ₹200 crore worldwide in just four days. The film enjoyed a strong response from fans, especially in Tamil Nadu, helping it cross ₹124.75 crore net at the Indian box office and around ₹217 crore worldwide gross by the end of Day 4. However, the film faced its first real challenge on Monday. After the excitement of the opening weekend, ticket sales slowed down, which is common for most big releases. While the collections were lower than Sunday, the movie still managed to hold its ground and continued to attract audiences in several key markets. Trade experts believe the Monday performance was decent enough to keep the film on a steady path. Despite mixed reviews from critics, Vijay's star power and loyal fan base have played a major role in the film's box office success. The political action drama has performed particularly well in Tamil-speaking regions and has also received a good response in overseas markets. Strong weekend earnings have given the film a solid foundation for the days ahead. The coming weekdays will be important in deciding how far Jana Nayagan can go at the box office. If it continues to maintain stable collections before new releases arrive, the film could end its theatrical run as one of the highest-grossing Tamil films of the year. Industry observers will now be watching its weekday trend closely to see whether it can keep its momentum going.
Published 27 Jul 2026 09:51 PM
Review of Jana Nayagan The pressure of being Vijays final film causes it to fall apart
Actor-turned-politician Vijay bids farewell to cinema with Jana Nayagan, a political action drama directed by H. Vinoth. As Vijay's final film before focusing on politics, expectations were extraordinarily high. While the film delivers several whistle-worthy moments, emotional fan service, and a strong political message, many critics believe it struggles to balance storytelling with its role as a farewell tribute. The story follows a fearless leader who stands up against corruption and injustice while protecting his people. The screenplay is packed with action sequences, emotional speeches, and political symbolism. However, reviewers note that the narrative often pauses to celebrate Vijay's screen persona rather than develop the plot, making the film feel more like a farewell campaign than a tightly written political thriller. Vijay's performance is widely regarded as the film's biggest strength. His commanding screen presence, powerful dialogues, emotional scenes, and action sequences remind audiences why he remains one of Tamil cinema's biggest stars. The climax, in particular, has been described as an emotional goodbye that resonated strongly with fans. Co-stars Pooja Hegde, Bobby Deol, and Mamitha Baiju deliver solid performances, though some critics felt their characters were underutilized. Early critical reception has been mixed. Some reviewers praised the film as an emotional send-off and a celebration of Vijay's legacy, while others criticized its predictable screenplay, lengthy runtime, and excessive fan service. Audience reactions on social media have also been divided, with many fans calling it a fitting farewell and others describing it as a missed opportunity for a stronger final film. Overall, Jana Nayagan succeeds more as a tribute to Vijay's remarkable career than as a consistently engaging political action drama. For longtime fans, it offers plenty of memorable moments and emotional satisfaction. For general audiences, however, its storytelling may feel uneven, weighed down by the pressure of delivering the perfect farewell.
Published 23 Jul 2026 05:20 PM
Axis Bank is Religares pick of the month for March, 10% upside seen at TP of ₹1,185; should you buy?
Domestic brokerage firm Religare Broking has picked Axis Bank as its stock pick of the month for March 2024 with a potential upside seen around 10 per cent. Shares of Axis Bank were on an uptrend and gained around three per cent today as Nifty 50 hit a fresh lifetime high of 22,353.30 on strong macroeconomic indicators.On Friday, March 1, shares of Axis Bank opened at ₹1,074.05 and gained 2.5 per cent to hit an intra day high of ₹1,101.60 against its 52-week high of ₹1,151.50 apiece on the BSE. Shares of Axis Bank settled 2.20 per cent higher at ₹1,099.35 apiece on the BSE. At a current market price (CMP) of ₹1,085, Religare sees a potential upside of 10 per cent on Axis Bank stock at a target price of ₹1,185 from an initiation range of ₹1,080-1,085 and a stop loss of ₹1,030. Religare Broking highlights that in its report that Axis Bank has remained one among the top performer among the private banking majors and we expect the outperformance to continue. ‘’The stock has been in a primary uptrend from last more than eight months, forming series of Higher Highs and lows with gradual rise in volumes. It has formed an elevated base around the 20 weekly EMA which also coincides with rising support trend line,'' said Religare Broking. Following the price action and uptick in volumes indicates the stock to resume its prevailing trend and inch higher to surpass its previous swing high, according to the brokerage. The stock gained marginally (around three per cent) in the previous series with reduction of eight per cent open interest (OI). 98 per cent of the open positions rolled which is same with respect to previously. ‘’OI of 82k contracts as against 89k previously. Decent cash based buying also seen in last three days of February series. With fresh cash accumulation and shorts being trapped, it may witness good short covering,'' said Religare Broking. The bank's net interest income (NII) in the third quarter at ₹12,532, crore, which rose by nine per cent - almost in line with the market estimate of ₹12,555 crore. NII is the difference between interest earned by a bank through loans and interest it pays to depositors. Meanwhile, the net interest margin (NIM) stood at 4.01 percent for the quarter ended on December 31, 2023. Net Interest Margin refers to the difference between the interest income earned and the interest disbursed by a bank in relation to its interest-generating assets such as cash.
Published 01 Mar 2024 09:35 PM
Potential for any re-rating delayed for Paytm, says UBS; still sees 25% upside in the stock – heres why
Shares of One 97 Communications (Paytm) have witnessed an almost 50 percent drop just in February as investor sentiment turned negative amid the RBI and Paytm Payments Bank Ltd (PPBL) saga.In a recent note, brokerage house UBS said it believes that any potential for a re-rating of Paytm based on profitability improvement has been delayed. It has retained a 'neutral' call on the stock and reduced its target price to ₹510 (from ₹650 earlier). The new target indicates an over 25 percent potential upside. "Paytm's share price has derated significantly post RBI regulatory action and the stock is trading at 1.5x EV to one-year forward consensus sales, nearly an 80 percent discount to its Indian internet peers. Our ₹510 price target implies a 2.4x EV to FY25E sales, which is still a 70 percent discount to Indian internet peers. We believe this is justified as Paytm's growth profile is now much weaker at an 8 percent expected revenue CAGR over FY24-26E, versus Indian peers at a much higher 27 percent. Additionally, Paytm's re-rating potential based on its profitability improvement is now also pushed out and the company's margin profile is much weaker than peers. Furthermore, the loss of investor confidence based on the regulatory action is unlikely to change in a hurry. We believe only sustained execution in the coming quarters can re-build investor confidence which would drive a re-rating," explained the brokerage. The RBI on January 31 directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTags, and other instruments after February 29, citing large-scale non-compliance with regulations and supervisory concerns. In the latest update, the Reserve Bank of India clarified that non-Paytm Payments Bank Limited (PPBL) linked merchants (85 percent of the total) can continue to function as normal and gave a 15-day extension till 15th March for most PPBL-linked activities. RBI also informed that @paytm UPI handles can be migrated to banks after approval from NPCI. This implies key linkages between Paytm and PPBL will be transferred to other banks via Paytm and also clears the way for Paytm to function as third-party app provider (TPAP), similar to its competitors PhonePe and Google Pay, once NPCI provides approval for the same. Following RBI's latest update, the anticipated negative impacts on Paytm have been alleviated to a considerable extent. Paytm is poised to retain a significant portion of its customer and merchant base pending certain approvals from the National Payments Corporation of India (NPCI). However, UBS anticipates a churn of 15-20 percent in merchants, customers, and devices in Q4 compared to Q3 levels, accompanied by a steep decline of around 60 percent quarter-on-quarter in loan origination. Additionally, it foresees a challenging FY25 with a projected 2 percent revenue decline, attributed to the loss in the wallet business and gradual normalisation in payments and loan origination activities. To regain lost customers, Paytm is expected to escalate its marketing expenditure, leading to heightened EBITDA losses in FY25, consequently prompting adjustments in its EPS estimates.
Published 01 Mar 2024 09:35 PM
Stock market selloff: Nifty forms Bearish Engulfing; 21,850 next?
Nifty on Wednesday could not sustain early gains and saw heavy selling, as it closed below the psychological mark of 22,000 for the time since February 15. The index formed a Bearish Engulfing pattern on the daily chart, which has a negative connotation. The silver lining was the index somehow managed to settle above its 21-day EMA on a closing basis. If the index stays below 22,000 level, chances are it may revisit 19,850-800 level, analysts said.“The index dropped below the 22,000 mark, indicating a growing weakness. Nevertheless, it managed to close just above the 21EMA on the daily timeframe. Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term,” said Rupak De, Senior Technical Analyst at LKP Securities. For the day, the 50-pack index closed at 21,951.15, down 247.20 points or 1.11 per cent. A sustained Nifty trade above 21,950 might spur a recovery in the index towards 22,100, De added. With the Bearish Engulfing candle, Nifty has given up all the gains of the previous week, said Chandan Taparia of Motilal Oswal Securities. This analyst believes that were the index say below 22000, weakness could be seen towards 21,850, followed by 21,700 levels. Resistances are seen at 22,150 and 22,222 levels, he said.atin Gedia – Technical Research Analyst at Sharekhan said that the index has reached its 20-day moving average of 21,944. He said the broad range of 21,800-22,300 still has not been breached. "The daily as well as hourly momentum indicators have a negative crossover, which is a sell signal. But prices are still in a range and, hence, a decisive breach below 21,875 i.e. the previous swing low is required to validate the change of trend. The Index is around the crucial support zone 21,900, which is likely to act as a make-or-break level from short term perspective," Gedia said.
Published 01 Mar 2024 09:34 PM
IIT Kanpur’s 1974 batch pledges Rs 10.11 crore
"The Class of 1974 of the Indian Institute of Technology Kanpur (IIT Kanpur) has committed Rs 10.11 crore to fund a range of institute initiatives. The promise is made as part of the batch's Golden Jubilee Reunion, which will take place from February 23 to February 25, 2024, and will bring together over 80 graduates and their families. ""IIT Kanpur takes great pride in its alumni, and time and time again, our alumni have come together for supporting the growth of their alma mater through various means,"" stated Prof. S Ganesh, Director of IIT Kanpur, in response to the Class of 1974's kind pledge. The Class of 1974's commitment to support greatness at the institute by aiding in its development aligns with a shared goal He continued, ""The 'Batch Legacy Fund' will be used to enhance possibilities for both faculty and students. ""We, the proud alumni of the Class of 1974, are honored to unite and contribute to our cherished alma mater, IIT Kanpur,"" he stated, thanking his classmates for this endeavor and his alma mater, batch coordinator Yogesh Khosla. Our combined support is a testament to our great pride in the organization and our common goal of seeing it succeed moving forward. I would want to sincerely thank everyone of my classmates for their kind cooperation in this project. The Class of 1974's 50th reunion was a happy event full with memories, laughter, and introspection that will live on in the archives of IIT Kanpur, an institution thinkinh said. IIT Kanpur stated that the ""Class of 1974 Batch Legacy Fund"" will undoubtedly advance learning within its community and expressed its sincere gratitude to the Class of 1974 for their outstanding contribution and steadfast dedication. The researchers from the Indian Institute of Technology Madras (IIT Madras) will present their findings to the students during an open house. The purpose of the event is to give students a forum to interact with professionals and well-known businesspeople. March 2 and March 3 of 2024 will be dedicated to the open house. Shaastra will host IITM for Everyone. A statement on the social media account read, ""IIT Madras is open to all for the first time in 15 years."" "
Published 28 Feb 2024 05:34 PM
On paper leak fast-track courts, the BJP supports PM Modi and challenges the opposition to discuss
The Bharatiya Janata Party (BJP) has strongly backed Prime Minister Narendra Modi's announcement to establish fast-track courts for examination paper leak cases, describing the move as a major step to protect the future of students and restore confidence in India's examination system. BJP leaders said that repeated paper leaks have harmed millions of aspirants and argued that swift trials and strict punishment are necessary to deter those involved in such crimes. The party maintained that the government's priority is to ensure justice for students and strengthen transparency in recruitment and competitive examinations. At the same time, BJP leaders challenged Opposition parties to hold a full debate in Parliament on the issue. They accused the Opposition of politicising student concerns instead of supporting legal reforms aimed at curbing paper leaks. According to the BJP, the government is willing to discuss examination reforms, accountability, and measures to prevent future leaks, while also highlighting the proposed fast-track courts as a concrete policy response rather than a political statement. The announcement comes amid ongoing protests and political criticism over recent examination paper leak incidents. Opposition leaders, including Rahul Gandhi, argued that fast-track courts alone are insufficient and demanded broader accountability, including action against those responsible for administrative failures. They have continued to press for wider reforms in the examination system and questioned the government's handling of the issue. Prime Minister Modi said that "nothing is more important than the future of the youth" and assured students that those responsible for paper leaks would face speedy trials and stringent punishment. The government believes that dedicated fast-track courts will help deliver quicker justice, discourage organised examination fraud, and reinforce public trust in the country's recruitment and education systems.
Published 23 Jul 2026 05:16 PM
Why Rahul Gandhi confronted the PM about the paper leak
today news that Why Rahul Gandhi took the paper leak fight to PM’s doorstep Why Rahul Gandhi took the paper leak fight to PM’s doorstep The Indian Express Why Rahul Gandhi took the paper leak fight to PM’s doorstep Today India's Rahul, Priyanka Gandhi protest outside Modi's house Reuters India's Rahul, Priyanka Gandhi protest outside Modi's house Today Rahul Gandhi asks PM Modi to apologise to students over protest crackdown The Economic Times Rahul Gandhi asks PM Modi to apologise to students over protest crackdown Today On July 21, 2026, Congress leader and Leader of the Opposition Rahul Gandhi led a protest towards Prime Minister Narendra Modi's residence in New Delhi over the ongoing examination paper leak issue and the police action against student protesters. The Congress said the Prime Minister should directly answer students' concerns instead of remaining silent on the issue. During the protest, Rahul Gandhi and several other opposition leaders were detained by the police. Rahul Gandhi took the paper leak issue to the Prime Minister's doorstep because he argued that the controversy is not just about one examination but about the future of millions of students and job seekers across the country. He accused the central government of failing to stop repeated exam paper leaks and demanded accountability from the highest level of government. According to Congress, the Prime Minister should take responsibility for ensuring a fair and transparent examination system. The protest also came after clashes between police and student demonstrators demanding action against paper leaks and reforms in the examination system. Rahul Gandhi criticized the police action on students and asked Prime Minister Modi to apologize for the handling of the protests. Congress leaders said they would continue raising the issue both inside and outside Parliament until their demands are addressed. The government has maintained that steps are being taken to strengthen the examination system and investigate paper leak cases. However, the opposition argues that stronger action and greater accountability are needed to restore students' confidence in competitive examinations. The issue has become a major political debate, with both the government and the opposition presenting different views on how the problem should be handled.
Published 21 Jul 2026 09:57 PM
AAP must leave its headquarters by June 15th, per a Supreme Court order.
The Aam Aadmi Party of Arvind Kejriwal will have to leave its headquarters, which are located on a plot of land designated for the High Court. The good news is that you still have until June 15 to act. The Supreme Court gave the party a long deadline because of the upcoming Lok Sabha elections, emphasizing that this is an encroachment case. The party may now submit an application for alternative land to the Land and Development Office of the Center.The bench, which included Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, stated, "We would request the L&DO to process the application and communicate its decision within a period of four weeks." The bench continued, "AAP has no legal right to remain on the land." The Delhi High Court was granted land in February to expand its operations and build more courtrooms for the Rouse Avenue location. The court had noticed that the AAP was intruding on this land. When considering a case involving the nation's judicial system, the highest court took notice of the issue.The state government promised at a meeting on February 15 that the plot would be removed in two months if a substitute plot was provided, in response to a court order. However, the situation remained unchanged. According to India's Chief Justice, DY Chandrachud, nobody has the authority to impose law on others. "It is absurd for any political party to sit on it. Every intrusion will be eliminated... The land should be given to the High Court so that it can be utilized by the general public and citizens, Justice Chandrachud stated.
Published 04 Mar 2024 05:31 PM
Article 21: The Constitutions Soul, with Citizens Liberty Supreme
According to the Supreme Court, Article 21 is the essence of the Constitution because it protects citizens' rights to liberty, which are so valuable that a person would lose them if the high court takes too long to decide cases pertaining to it. Amol Vithal Vahile, a prime accused in the murder of a corporator in Maharashtra, was granted bail by the Bombay High Court on January 29 following prodding from the top court, according to a bench of Justices B R Gavai and Sandeep Mehta.In a recent ruling, the bench stated that it is evident that prior to this court's order being issued on January 29, 2024, the high court had dismissed the bail application on one or more grounds rather than considering it on its merits.It goes without saying that Article 21 of the Indian Constitution is its core because it upholds the fundamental right to liberty for all citizens. It stated, "Depriving the party of their precious right guaranteed under Article 21 of the Constitution of India would mean not reaching a quick decision and brushing off the issue on one or the other basis pertaining to a citizen's liberty." The bench stated that it has encountered numerous cases from the Bombay High Court in which the applications for bail and anticipatory bail were not resolved promptly. The bench mentioned one instance where the application for anticipatory bail was pending for over four years. "We have also encountered many cases where the judges find an excuse to reroute the case on unrelated grounds rather than rendering a decision based on the merits of the case. As a result, we ask the chief justice of the Bombay High Court to communicate our request to all judges who have criminal jurisdiction so that the issue of bail and anticipatory bail can be decided as soon as possible," the bench stated.It requested that the Supreme Court's Registrar (Judicial) forward this directive to the High Court's Registrar (Judicial), who will present it to the Bombay High Court's chief justice. The bench stated on January 29 that, despite the fact that Vahile had been detained for more than seven years, on March 30, 2023, the high court had ordered him to appear before the trial court for regular bail.
Published 02 Mar 2024 06:02 PM
What your scalp might be trying to tell you about why your dandruff keeps returning
Dandruff is one of the most common scalp problems, affecting millions of people worldwide. While many assume it is simply caused by a dry scalp, experts say recurring dandruff often points to a more complex issue. If white flakes continue to return even after using anti-dandruff shampoos, your scalp may be signaling an imbalance that needs more than a temporary fix. Factors such as excess oil production, fungal overgrowth, stress, weather changes, and even diet can contribute to persistent dandruff. One of the primary causes of recurring dandruff is the overgrowth of a naturally occurring yeast called Malassezia. This fungus lives on everyone's scalp but can multiply rapidly when excess oil is present. As it feeds on scalp oils, it produces by-products that irritate the skin, leading to itching, redness, and flaking. Individuals with oily scalps are particularly prone to this cycle, which explains why dandruff often returns soon after treatment is stopped. Your scalp can also reflect your overall health. Dermatologists note that persistent dandruff may indicate conditions such as seborrheic dermatitis, psoriasis, eczema, or sensitivity to certain hair-care products. If dandruff is accompanied by severe itching, inflammation, yellowish flakes, or patches of redness, it is advisable to seek medical advice rather than relying solely on over-the-counter shampoos. Treating the underlying condition is often the key to achieving long-term relief.Lifestyle habits play a significant role as well. High stress levels can weaken the body's natural defenses, making the scalp more susceptible to irritation and fungal growth. Poor sleep, an unhealthy diet lacking essential nutrients such as zinc and B vitamins, and inadequate hydration may also worsen scalp health. Experts recommend maintaining a balanced diet rich in fruits, vegetables, lean proteins, and healthy fats to support healthy skin and scalp function.
Published 06 Jul 2026 05:07 PM
A Significant Return for Marc Jacobs Beauty
Luxury makeup brand Marc Jacobs Beauty has officially returned in 2026 after being discontinued in 2021, marking one of the most talked-about beauty industry comebacks of the year. The brand relaunched with an entirely new collection of makeup products, including lipsticks, blush sticks, bronzers, eyeliners, mascaras, eyeshadows, and highlighters. The comeback is being led in partnership with Coty Inc., with products launching online and through Sephora stores.Beauty enthusiasts and industry experts have responded positively to the relaunch. The new collection features playful heart, star, and daisy-inspired packaging while maintaining the bold, high-performance formulas that made the original brand popular. Several products, particularly the Heart On Lipstick, Drawn This Way Eyeliner, and Born Star Eyeshadow, have generated strong demand and early sell-outs.Industry analysts view the return as a strategic move in the premium beauty market, where consumers are increasingly seeking distinctive brands with strong creative identities. Marc Jacobs himself recently described the relaunch as a modern reinvention rather than a revival of the old line, emphasizing individuality and self-expression as the brand's core philosophy.
Published 04 Jun 2026 06:02 PM
The days of microbladed eyebrows are over but are they reversible
Our eyebrows have seen more changes than any other feature. Brows have seen it all, from the thin, pencil-style brows of the year 2000 to the fuller, laminated look of today. But one thing hasn't changed: if you get your eyebrows correct, half of your appearance is taken care of.Microbladed eyebrows were commonplace for a very long period. Because the fad promised bigger, more natural-looking brows with less daily work, celebrities, influencers, and regular people loved it. For many, it provided a long-term solution for uneven or sparse eyebrows. But beauty trends change quickly, and what was once considered contemporary and attractive is now beginning to feel antiquated. Many people are starting to reconsider their previous microblading decisions as softer, more natural brows become more popular.In essence, microblading is a cosmetic tattooing method in which pigment is manually applied to the skin's surface to simulate eyebrow hair. According to Dr. Ruby Sachdev, an aesthetician and consultant at Gleneagles Hospital in Bengaluru, it became well-liked by those who want larger eyebrows without using makeup every day.
Published 03 Jun 2026 09:52 PM
Benefits of Sattu Indias first protein beverage
These days, a growing number of individuals are including tasty and nourishing "superfoods" from all over the world in their diets. Imagine those colorful matcha lattes, creamy avocado toasts, delicious chia pudding, quinoa salads, and cool kale smoothies. They are healthy in addition to being aesthetically pleasing. Just a gentle reminder: Is it really necessary to spend a lot of money to maintain your health?No, I believe! Sattu is an ancient superfood from India that is tasty, affordable, and very potent. This adaptable component, which is made from roasted gram flour, has been loved and consumed for more than 3,000 years, particularly in Bihar, Jharkhand, and Uttar Pradesh. Chana sattu, once cherished by diligent farmers for a rapid energy boost, is now widely accepted as a wholesome and organic supplement to contemporary meals nationwide. Let's examine the advantages of sattu powder, how it outperforms the most well-liked protein-rich foods, and why it should be at the top of your diet list before you hurry to try another foreign health craze.A traditional Indian flour produced from roasted barley or chickpeas is called sattu powder. In India, it is a native source of protein. It is a well-liked superfood with several health advantages due to its high protein content. Sattu, sometimes referred to as the "desi protein shake," is high in minerals, fiber, and plant-based protein. It is a popular dish in India that is becoming more and more well-known abroad.
Published 08 May 2026 06:04 PM
Ek bihari sab pe bhari Virat Kohli gives Vaibhav Sooryavanshi particular recognition
Virat Kohli's heartfelt praise for young Bihar cricketer Vaibhav Sooryavanshi has become one of the most talked-about moments after the IPL 2026 season. Following Royal Challengers Bengaluru's title-winning campaign, Kohli met the 15-year-old sensation and shared words of encouragement that quickly went viral on social media.In a video released by RCB, Kohli advised Vaibhav to stay focused on hard work and self-belief rather than outside opinions. He told the youngster that his success had come through dedication and confidence and urged him to keep aiming higher. The highlight of the conversation was Kohli's special line, "Ek Bihari, sab pe bhari", praising the Bihar-born batter for his remarkable performances throughout IPL 2026. .Vaibhav emerged as one of the biggest stars of the tournament, earning widespread admiration for his fearless batting and maturity at such a young age. His performances attracted praise from former cricketers and fans alike, with many viewing him as one of Indian cricket's brightest future prospects.The interaction between Kohli and Vaibhav was widely appreciated by cricket fans, who saw it as a passing-of-the-torch moment between one of India's greatest batters and a rising teenage talent. Kohli's message of humility, hard work, and self-belief has since been shared extensively across social media platforms.
Published 04 Jun 2026 05:53 PM
Virat Kohli changes once more incorporating elements of Abhishek and Sooryavanshi into his game
The cameras showed Kohli putting his arm over Sooryavanshi's shoulder and conversing with him for several minutes. Although the topic of the talk is unknown, rest assured that Sooryavanshi returned home much wealthier than he would have if he had only received a few honors. Less than a day has passed since Sooryavanshi was recommended for Test cricket by none other than the great Sachin Tendulkar. He had also complimented his batting style earlier.It is important to note that earlier in the 2026 IPL season, Kohli signed Sooryavanshi's cap and gave him an autograph after the left-handed hitter destroyed the RCB bowlers all over the field during the match at the Barsapara Stadium in Guwahati.Sooryavanshi won five awards when the IPL 2026 concluded. The 15-year-old was named Super Striker, Super Sixes of the Season, Orange Cap, Emerging Player of the Season, and Most Valuable Player. Sooryavanshi broke Chris Gayle's record for the most maximums in a single IPL season with 72 sixes during the 19th T20 competition. In the competition, he also became the fastest Indian to reach 1000 runs. In addition, he became the youngest player in the tournament to hit 1000 runs, surpassing Rishabh Pant.Sooryavanshi acknowledged that he would need to improve his fitness going forward if he wanted to have a lengthy career after receiving so many honors. "I need to improve my fitness if I want to avoid getting hurt. Everyone is really encouraging. In an interview with Ravi Shastri, Sooryavanshi stated, "Everyone supports me, including the senior players and support staff. It's a good atmosphere." Master Blaster Sachin Tendulkar has praised Sooryavanshi as well. According to the renowned Indian hitter, the young player possesses all the necessary skills to participate in the game's longest format.In relation to Sooryavanshi, the next tri-series in Sri Lanka will include him. The left-hander will play for India A against Afghanistan A and Sri Lanka A.In relation to Sooryavanshi, the next tri-series in Sri Lanka will include him. The left-hander will play for India A against Afghanistan A and Sri Lanka A.
Published 02 Jun 2026 10:57 PM
For the first time in an IPL season Indian hitters outpace foreign batters
IPL 2026 had the highest batting strike rate of any season at 156.34. For the first time in an IPL season, Indian hitters (157.10) scored more runs than foreign batters (154.71). 237.30 strike rate, 776 runs, and 72 sixes In an IPL season, Vaibhav Sooryavanshi became just the second hitter to score the most runs, hit the most sixes, and have the greatest strike rate (minimum 50 balls faced). Like Sooryavanshi, Chris Gayle was named Most Valuable Player in 2011.In the previous nine seasons, none of the highest run-scorers were among the top 15 strike rates in that season. The difference between Sooryavanshi's IPL 2026 run total and the next highest total for a batsman with a strike rate of 235 or more in any IPL season (Romario Shepherd's 70 runs in 2025) is 706 runs. IPL 2026 saw 65 totals of 200 or more, the highest in a T20 competition and 13 more than the previous record of 52 in IPL 2025. Individual teams also set new records in IPL 2026: Sunrisers Hyderabad (SRH), Punjab Kings (PBKS), Royal Challengers Bengaluru (RCB), and Rajasthan Royals (RR) all scored nine runs of 200 or more, the most in a Twenty20 competition.In terms of bowling, PBKS and RR gave up 200-plus totals nine times, which is also the most in a Twenty20 competition. IPL 2026 saw the highest number of sixes struck in a season, 1426, up 10.2% from the previous record of 1294 sixes in 2025. Thanks to 72 sixes from Sooryavanshi, who established the individual record for most sixes in a T20 competition, RR struck 181 sixes, the most of any team in a T20 event.
Published 01 Jun 2026 09:34 PM
Ramakrishna Ghoshs injury has been replaced by Macneil Noronha.
Macneil Noronha, an all-rounder from Karnataka who recently won the MA Chidambaram Trophy at the Naman awards for being the highest run-getter in the 2024/25 Colonel CK Nayudu Trophy, will join Chennai Super Kings (CSK) for INR 30 lakh as a replacement for Ramakrishna Ghosh, who injured his right foot during their game against Mumbai Indians on May 3rd and is out for the season. He will not play this season.Macneil Noronha will take Ghosh's place at CSK for INR 30 lakh.Noronha, a Karnataka all-rounder, has won the MA Chidambaram Trophy at the Naman Awards for scoring the most runs in the Colonel CK Nayudu Trophy for 2024–2025. Noronha was called up by the Karnataka team for the Syed Mushtaq Ali Trophy after an outstanding season, and he played in three games for his state.For the remainder of the 2026 Indian Premier League season, the Chennai Super Kings have selected Karnataka all-rounder Macneil Noronha to replace injured uncapped player Ramakrishna Ghosh.He was called up to Karnataka's Syed Mushtaq Ali Trophy squad as a result of his domestic achievements, and he played in three games. Noronha made an impressive 34 off 21 deliveries in his most recent match against Tripura in December 2025. He also contributed a wicket. The move comes after Ghosh was sidelined for the rest of the season due to a right foot injury he sustained during Chennai's match against Mumbai Indians on May 3. Ghosh had just made his eagerly anticipated IPL debut in that match, contributing to Chennai's decisive eight-wicket victory. Introduced into the attack in a high-pressure match, the young player returned figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had looked dangerous after reaching 21 off just 12 balls. In that match, Ghosh made his eagerly anticipated IPL debut and contributed to Chennai's convincing eight-wicket victory. The youthful player, who was brought into the attack in a high-stress match, recorded figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had appeared dangerous after reaching 21 off only 12 balls.Chennai will be hoping that Noronha will offer valuable depth as they continue to strive for a play-off position in spite of the setback.
Published 13 May 2026 05:46 PM
There are five main reasons why Prashant Kishor will defeat the BJP in Bankipur.
Prashant Kishor, a former poll strategist who is now a politician, has an early advantage in the Bihar seat of Bankipur. Neeraj Kumar of the BJP is his nearest opponent. According to the most recent Election Commission figures, Kishor received 31,742 votes after Round 16 counting, while Kumar trailed him by more than 8,966 votes. Ghanshyam Singh of the Congress has more than 38,000 seats in Datia, Madhya Pradesh, while Ashutosh Tiwari of the BJP is behind by 6,500 votes. The final round of counting in Manjalpur, Gujarat, has given Satendrabhai Patel of the BJP a commanding lead of more than 29,000 votes.Since the widespread nationwide student protests over the paper leaks, these are the first elections. It is anticipated that the results would reflect the sentiment of the nation, particularly among young voters. No BJP candidate has ever lost from Bankipur, the party's stronghold. Nitin Nabin, the leader of the BJP, was the last person to occupy the position before he was elected to the Rajya Sabha. However, a hitch in the BJP camp and the long-awaited arrival of Prashant Kishor in the electoral arena will make this election noteworthy.BJP candidate Abhishek Kumar Sinha withdrew last month, citing "family reasons," just one day after submitting his nomination papers. Neeraj Kumar Sinha, a leader of the youth wing, was then selected as the BJP's candidate. In the opposition camp, it had caused a great deal of laughter. Its leaders mocked the BJP by claiming that the party was "jittery at the prospects of a defeat" in the seat that the party chairman had left empty.
Published 03 Aug 2026 04:45 PM
2 big reasons why Left thinks it lost Kerala Vijayan, soft Hindutva
L&T Realty has announced two important leadership appointments to strengthen its management team and support the company's future growth plans. The company has appointed Navneet Kaul as Executive Director and Chief Operating Officer (COO), while Rishi Kailash Bansal has been appointed as Executive Director and Head of Land and Logistics Development. Both appointments have taken effect immediately and are expected to play a key role in driving the company's expansion across residential, commercial, and logistics real estate projects. Navneet Kaul has been associated with L&T Realty for several years and has contributed to the successful execution of many major projects. As the new Chief Operating Officer, he will oversee the company's day-to-day operations, improve project delivery, and help maintain high standards of quality and customer satisfaction. His experience in managing large real estate developments is expected to support the company's long-term growth strategy. At the same time, Rishi Kailash Bansal will lead the land acquisition and logistics development business. His role will focus on identifying new development opportunities, strengthening the company's land portfolio, and expanding its presence in the rapidly growing logistics and industrial real estate sector. These appointments reflect L&T Realty's commitment to building a strong leadership team capable of meeting future business opportunities and delivering sustainable growth.
Published 28 Jul 2026 06:13 PM
Mahua Moitra, a TMC MP, asks the HC to safeguard her from being thrown eggs.
Trinamool Congress (TMC) Member of Parliament Mahua Moitra has approached the Calcutta High Court seeking protection after alleging that eggs are being hurled at her during public appearances in West Bengal. According to her petition, such incidents have repeatedly taken place wherever she travels in her constituency, causing humiliation and disrupting her ability to perform her duties as an elected Member of Parliament. Through her lawyer, Moitra requested the court to direct the police to provide adequate security and prevent further attacks. During the hearing on Thursday, the Calcutta High Court said it would take up the matter on July 29. Moitra's counsel argued that despite an earlier court direction to prevent such incidents, the police had failed to take effective action. While an FIR has reportedly been registered, the petition claims that the lack of adequate police protection has allowed repeated acts of intimidation to continue. The court heard submissions from the state authorities before adjourning the matter to the next hearing date. The plea comes after a series of political confrontations in Nadia district, where Moitra has alleged that BJP supporters targeted her with eggs and other objects during protests. BJP leaders have denied the allegations, and the matter has become part of the ongoing political tensions between the ruling TMC and the opposition in West Bengal. The High Court's upcoming hearing is expected to determine whether additional security measures or further directions to the police are required.
Published 23 Jul 2026 05:26 PM
On paper leak fast-track courts, the BJP supports PM Modi and challenges the opposition to discuss
The Bharatiya Janata Party (BJP) has strongly backed Prime Minister Narendra Modi's announcement to establish fast-track courts for examination paper leak cases, describing the move as a major step to protect the future of students and restore confidence in India's examination system. BJP leaders said that repeated paper leaks have harmed millions of aspirants and argued that swift trials and strict punishment are necessary to deter those involved in such crimes. The party maintained that the government's priority is to ensure justice for students and strengthen transparency in recruitment and competitive examinations. At the same time, BJP leaders challenged Opposition parties to hold a full debate in Parliament on the issue. They accused the Opposition of politicising student concerns instead of supporting legal reforms aimed at curbing paper leaks. According to the BJP, the government is willing to discuss examination reforms, accountability, and measures to prevent future leaks, while also highlighting the proposed fast-track courts as a concrete policy response rather than a political statement. The announcement comes amid ongoing protests and political criticism over recent examination paper leak incidents. Opposition leaders, including Rahul Gandhi, argued that fast-track courts alone are insufficient and demanded broader accountability, including action against those responsible for administrative failures. They have continued to press for wider reforms in the examination system and questioned the government's handling of the issue. Prime Minister Modi said that "nothing is more important than the future of the youth" and assured students that those responsible for paper leaks would face speedy trials and stringent punishment. The government believes that dedicated fast-track courts will help deliver quicker justice, discourage organised examination fraud, and reinforce public trust in the country's recruitment and education systems.
Published 23 Jul 2026 05:16 PM
Entertainment
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Sports Trend
Mirabai Chanu is a legendary weightlifter who assists colleagues in winning gold.
Published 03 Aug 2026 04:27 PM
Narak se swarag is the story of how one family transformed misery into a gold medal from the Commonwealth
Published 28 Jul 2026 06:05 PM
At the 2026 Commonwealth Games, Mirabai Chanu won weightliftings first gold for India.
Published 27 Jul 2026 09:47 PM
Without using force, Lovlina Borgohain guaranteed a medal at the 2026 Commonwealth Games.
Published 23 Jul 2026 05:12 PM
Political Trends
- 2 big reasons why Left thinks it lost Kerala Vijayan, soft Hindutva
- Mahua Moitra, a TMC MP, asks the HC to safeguard her from being thrown eggs.
- On paper leak fast-track courts, the BJP supports PM Modi and challenges the opposition to discuss
- Why Rahul Gandhi confronted the PM about the paper leak
- Why a political dispute has been sparked by Punjabs reversal on a new rural jobs initiative
Finance & Stock Market Trend
All Trending News in India
Media companies rise sharply as election advertisement spending soars.
Expectations of increasing ad sales during the next election season, together with other stock-specific factors like lowering newsprint prices, have propelled media companies to an incredible five-day run.The Bennett, Coleman and Co. subsidiary Entertainment Network India Ltd (ENIL), which runs Radio Mirchi, has increased by 17% during the last five trading days. Rival print media company HT Media Ltd, which publishes Mint and Hindustan Times, saw a 2.65% increase over that time.DB Corp., the publisher of Dainik Bhaskar, and Network18 Media & Investments Ltd. and Sun TV, the television network operators, spearheaded the first boom. However, investors are now banking on print and radio companies as well. Over the last half-year, Network 18 and TV18 Broadcast Ltd have had gains of 87% and 53%, respectively, while DB Corp has experienced a 63% increase and Sun TV has seen a 35% increase.Moneycontrol spoke with analysts who linked the recent jump to anticipation of increasing ad revenues in the run-up to the elections, but stock-specific factors also played a part.Among the largest gainers from political party expenditure in the run-up to elections have been media corporations. Television, print, and radio media companies are expected to benefit from the upcoming advertising frenzy by the Bharatiya Janata Party and its competing political parties over the next six months.According to Karan Taurani, Senior Vice President at Elara Capital, "there is an expectation that advertisement spending will see a strong momentum over the next six to eight months due to the elections." He also added that the rally in media stocks is a result of the general elections' positive impact on radio, television, and print advertising.According to Ashish Goel, Managing Partner and CEO of InvestSavy PMS, political parties are expected to provide media firms with significant revenue growth.Indeed, the rise in advertising revenue in the last quarters of the fiscal years 2014 and 2019 (which happened to be years when there were parliamentary elections) was essentially the same as in years when there were no elections. According to a Moneycontrol research, in the fourth quarter of 2013–14, advertising sales climbed for Jagran Prakashan, HT Media, and DB Corp, respectively, by 12.7 percent, 14%, and 14.3 percent over the same period the previous year. These increases were consistent with the growth observed in non-election years.
Published 24 Jan 2024 03:25 PM
In the midst of merger negotiations, Disney Star and Viacom18 will compete for IPL ad dollars.
Though merger negotiations between their parent firms are still ongoing, Disney Star and Viacom18 are gearing up for a fierce war for IPL 2024 ad money. Disney Star is looking for sponsorships and is providing specific-rate advertising choices for SD and HD channels. On the other side, Viacom18 has maintained its advertising pricing and intends to continue offering free IPL viewing on JioCinema.Even as merger negotiations between their parent firms continue, Disney Star and Viacom18 are preparing for a fierce competition for advertising dollars in the next Indian Premier League (IPL) 2024.Disney Star and Viacom18 have inked a non-binding term sheet to merge, as ET has reported. Right now, both are going through a process of due diligence.In the second encounter of the three-match series, India and South Africa square off at Gqeberha after the first T20 match was abandoned due to rain in Durban. Rain is a threat once more for the second Twenty20 match. The game is set to begin at 8:30 p.m. (IST). Both countries would be anticipating the T20 World Cup, which will be held in the US and the West Indies, after the series. However, before the World Cup, both teams have very few games remaining. However, Indian captain Suryakumar Yadav stated that the IPL will provide a lo."The World Cup is a short time away from T20 matches. But the IPL consists of 14 league games. There shouldn't be an issue. Indian captain Suryakumar Yadav stated, "The T20 series victory against Australia was a tremendous lift, but the loss to Australia in the ODI World Cup final was disappointing.
Published 24 Jan 2024 03:22 PM
What is the meaning of happy customers?
The ICC Cricket World Cup helped India's economy by increasing consumer spending across a number of businesses, with hotels, restaurants, and sports goods retailers benefiting most. Local cafes, fine-dining establishments, and small enterprises also saw growth. Retailers might expand business hours, hold freebies and contests, use social media platforms for engagement, start advertising campaigns, and push specials in order to take advantage of the increase in spending. A comfort.People had plenty to celebrate in 2023, from large-scale athletic events to significant concert tours. During the ICC Cricket World Cup, India hosted a multi-week athletic spectacular that was loved by legions of spectators. Companies planned trips, friends and family got together to support their teams, and fervent supporters traveled to destinations like Chennai and Delhi, just two of the several host towns that were humming with enthusiasm. There were numerous knock-on repercussions on the Indian economy. Consumer spending increased in all sectors of the economy, although it benefited hotels, restaurants, and sports memorabilia stores the most. Small companies, neighborhood eateries, mom-and-pop shops, and upscale eating establishments all experienced growth. With the World Cup, India's economy gained ground.Here are some strategies used by brands to capitalize on significant events: Increase business hours to satisfy those who wish to purchase before or after the event Organize competitions and giveaways, like trivia games, where victors can get gifts, deals, or complimentary merchandise. Use social media to promote user-generated content, engage customers with contests and real-time updates, and launch advertising campaigns that capitalize on the event's popularity. Encourage offers,... Visit this link for additional information: https://economictimes.indiatimes.com/industry/services/advertising/unravel-the-impact-of-major-events-on-consumer-spending/score-big-with-consumers/articleshow/106883402.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppstUsing a new digital food offer that offered a discount for buying large meal bundles during the event, a convenience store in the market sought to increase food sales over a significant weekend of broadcast sports events. Following the campaign's end, the shop sought to determine its effectiveness and which customers benefited the most from it.Introducing Mastercard Test & Learn®, a cloud-based tool that assists businesses in designing and analyzing market trends to identify the incremental impact of their initiatives and decide how best to target and customize their rollout in order to optimize return on investment.
Published 24 Jan 2024 03:11 PM
The government extends Michael Patras term as RBI deputy governor by one year.
Michael Patra has been reappointed as Deputy Governor of the Reserve Bank of India for a term of one year, effective January 15, 2024, by the Appointments Committee of the Cabinet.Since Patra is a member of the Monetary Policy Committee of the RBI, his reappointment indicates that the central bank will continue to formulate policy.After her initial three-year term ended in January 2023, Patra—who had assumed the role of Deputy Governor in January 2020—was granted a one-year extension.Having worked as a central banker since 1985, Patra oversees the departments of monetary policy, financial markets operations, financial stability, financial markets regulation, and economic and policy research, among others.The RBI's rate-setting body, the MPC, increased interest rates by 250 basis points between May 2022 and February 2023 to control inflation in the face of supply chain disruptions brought on by the COVID-19 epidemic and the Russia-Ukraine war.The central bank has also taken action to remove the substantial amount of cash that was injected into the banking system between 2020 and 21 in an effort to keep borrowing costs low and protect the economy from the COVID problem.The price gauge is still far higher than the RBI's 4% target even if inflation has decreased from the peak levels reached in 2022. However, despite a bleak prognosis for global development, India's economic growth has exceeded predictions.
Published 25 Jan 2024 09:41 PM
The RBI releases the schedule for the appointment and reappointment of statutory auditors for central and state cooperative banks.
Dated: January 15, 2024, Circular No. RBI/2023-24/113 Ref.No.DOS.ARG/SEC.8/08.91.001/2023-24 Guidelines for the appointment of Statutory Auditors (SAs) of State and Central Co-operative Banks (StCBs/CCBs) have been released by the RBI. The rules will take effect on April 1, 2024, and banks will need to request permission in advance before appointing SAs by July 31 of the relevant fiscal year. The rules concentrate on a) Qualification standards a) Evaluate SA performance c) Auditor Independence c) SA Rotation and Tenure.Guidelines for Appointing and Reappointing Statutory Auditors of State and Central Cooperative Banks are released by the RBI. Guidelines for the Appointment and Reappointment of Statutory Auditors of Cooperative Banks have been released by the RBI. The rules will take effect on April 1st, 2024.The Reserve Bank of India (RBI) must give its prior consent before a State Co-operative Bank (StCB) or Central Co-operative Bank (CCB) can appoint, re-appoint, or remove a Statutory Auditor (SA).The requirements for becoming a Statutory Auditors (SAs) When a new SA is appointed, the bank will choose the audit firms that meet the guidelines' requirements from the list provided by NABARD based on the size of the asset relative to the size of the chartered accountants firm and audit experience. The bank will then forward the name(s) of the audit firms that make the short list to RBI in accordance with the following procedure:(i) It will submit an application to RBI containing the names of the audit firms that have been accepted by its Board or ACB. RBI will then issue prior approval, and the process will culminate with the appointment of SA at the concerned bank's AGM. (ii) Should a new SA be appointed, the bank must shortlist a minimum of two audit companies from the NABARD panel for each SA position. (iii) The bank will present the names of the audit companies that made the short list, ranked by preference, to their Board or ACB for "in principle" approval. The bank must apply to RBI for prior approval after receiving Board or ACB clearance. (iv) Banks whose registered office is located in the Mumbai region must apply to the Audit Relation(v) The audit firms that make the short list must provide the bank with a certificate attesting to their compliance with all eligibility requirements set forth by the RBI. (vi) The bank must provide a certificate certifying that the audit firm it is proposing to be appointed as SA complies with all eligibility requirements set forth by RBI in addition to recommending the name or names of audit firm(s).(vii) The bank must include a copy of the Board / ACB Resolution endorsing the name(s) of audit firm(s) in the order of preference, together with information about the bank's total asset size as of March 31st, the preceding financial year (audited data), while applying to RBI for prior approval.
Published 25 Jan 2024 09:41 PM
Heading the India bloc, Kharge is offered a convener role by Nitish
The INDIA bloc's members are split over the selection of Nitish Kumar as convener, but they have acknowledged Mallikarjun Kharge as the opposition grouping's chairman. There are tense relations inside the coalition as a result of Mamata Banerjee's rejection of Kumar's candidacy.In a virtual meeting held on Saturday, all members of the INDIA (Indian National Developmental Inclusive Alliance) bloc endorsed Bihar chief minister Nitish Kumar as convener, with the exception of Trinamool Congress (TMC), and they all accepted Congress party chief Mallikarjun Kharge as the opposition grouping's chairperson, according to people familiar with the details.According to two leaders present during the meetings, the alliance partners decided to withhold their decisions until after West Bengal Chief Minister Mamata Banerjee voiced her opposition to Kumar's candidacy. The figures, who wished to remain anonymous, stated that they have been requested to persuade Banerjee to approve the decision. Chief Minister of Delhi Arvind Kejriwal and Nationalist Congress Party leader Sharad Pawar have been tasked with this task.During the meeting, Kumar stated that he was not interested in becoming convener, but every member—aside from Trinamool—was eager for him to do so. Banerjee's vocal opposition infuriated members of the Janata Dal (United), among them Rajiv Ranjan, the party's former president, also known as Lalan Singh.Please talk to Kharge about this. Following the meeting, Singh informed HT that only he was authorized to speak.Kejriwal and the head of the Congress met separately in person later that evening at Kharge's home. Although neither party would comment on what happened, Congress General Secretary KC Venugopal responded, "It was just a courtesy meeting," when questioned. Gandhi and Kejriwal had never met in person, according to a third source, which was the reason for the meeting. Although they had met before, this was the first time Delhi CM had paid him a visit. This source remarked, "It was an indication of the growing willingness to work together and work out a relationship, coming the day after AAP's bilateral meeting with party representatives."Discussions on controversial states, like as Punjab, West Bengal, and Kerala, where the Congress has local units hostile to a broader alliance, kicked off the virtual gathering. According to one of the individuals mentioned above, Banerjee did not show up for the meeting because she felt that she should have known more than 16 hours in advance of the scheduled meeting.Akhilesh Yadav, the leader of the Samajwadi Party (SP), who had traveled to Delhi the day before, did not attend. MK Stalin, the chief minister of Tamil Nadu, informed the gathering that seat-sharing arrangements in his state could only be finalized after Pongal. Rahul Gandhi, the head of the Congress, told the members of the coalition that he planned to begin his Bharat Jodo Nyay Yatra on Sunday and invited all other parties to take part.Following the discussion of the issues surrounding seat sharing, the matter of selecting a chairperson and convener was raised. Given that the Congress holds the majority of the coalition's seats, Kharge was suggested for the first position. According to one of the leaders mentioned previously, Kharge suggested that Gandhi serve as chair, but Gandhi responded that Kharge was the more qualified candidate.On the convener's standpoint, nevertheless, disagreements surfaced. While Kumar was voicing his concerns, other participants deliberated on whether the declaration ought to be made straight away. Then it was brought up that it wouldn't be suitable because Yadav and Banerjee were both not present and their consent was necessary. Members were then informed that Banerjee had already been informed by Gandhi of Kumar's candidacy and that she had not agreed. The leader added that when this was discussed, Kumar and Singh were present. Other bloc members emphasized that everyone else was in agreement and recommended enlisting Kejriwal and Pawar to convince Banerjee to join them. An infuriated Singh informed the gathering that the JD(U) opposed this selection and that the Congress ought to select a replacement.
Published 25 Jan 2024 09:41 PM
SUCC challenges the governor over the mass appointment move.
Every state has a procedure for filling governorship vacancies that is mandated by the constitution. The lieutenant governor is the highest ranking official in the 45 states that have one. States differ as to whether additional posts in the line of succession are named by statute or in the constitution.The principal governor successor differs among the states without a lieutenant governor's post. The officers listed as the governor's first choice in the event of a vacancy are: the governor of two states' senators (Maine and New Hampshire). Since they hold the position of lieutenant governor ex officio, the state senator presidents of West Virginia and Tennessee are also the first in line. three additional states' secretaries of state: Wyoming, Oregon, and Arizona [1].In general, the second-in-line constitutional rules for the governor's seat are far more complicated than the first-in-line criteria. Typical second-in-lines consist of: The Senate's Pro Tempore President The House Speaker The State Department SecretarySeven states, on the other hand, lack a designated successor, while seven more have a more complicated succession established by law. The duration of absence at which a temporary vacancy turns into a permanent vacancy is typically covered by vacancy procedures. When traveling outside the state or when they are unwell or injured, the governor frequently gives up their position for a short duration. In these situations, the lieutenant governor or the governor's principal replacement typically steps in as a temporary "acting governor."Procedures for openings may also include: whether the person who assumes the governorship has all the authority of the elected governor they succeeded, circumstances in which an appointed governor serves out the remainder of the present term, and circumstances in which a special election is held whether the person chosen to succeed the elected governor needs to be a member of the same party as the governor; whether governors who are leaving office willingly—often in order to take up a more senior position—are allowed to select their own successor How to remove a governor against the governor's will in the event that the governor-elect passes away, resigns, or is otherwise unable to take the oath of office. This covers removal for physical or mental incompetence from office, recall, and impeachment. Lately, Illinois has effectively
Published 25 Jan 2024 09:41 PM
Responding to Kharges probable appointment as INDIA bloc chair, representatives of the BJP and NCP
On January 13, a consensus was reached over the nomination of Congress President Mallikarjun Kharge to head the opposition alliance INDIA.On January 13, a consensus was reached over the nomination of Congress President Mallikarjun Kharge to head the opposition alliance INDIA. The bloc's leaders convened digitally to talk about a range of topics, including the alliance and the upcoming April–May Lok Sabha elections.Following are some responses to the potential appointment of Kharge: Chief of NCP Sharad Pawar The INDIA Alliance met, with Mallikarjun Kharge serving as its chairman. We all agreed to decide on seat sharing as soon as feasible after our talk. Everyone concurred with the suggestion made by some that Mallikarjun Kharge lead the coalition.""A committee was also established to begin planning in the next several days. While it was proposed by everybody that Nitish Kumar assume the role of convenor, he feels that the person in charge should stay in that position."D Raja, General Secretary of CPI "The meeting was productive. Ten of the twelve parties showed up for the meeting. Akhilesh Yadav and Mamata Banerjee were unable to attend the conference. It was discussed to share seats. All members of the INDIA alliance have been instructed to begin the seat-sharing talks and bring them to a quick conclusion. The chief minister of Tamil Nadu said that Pongal will be held in Tamil Nadu after that."The Bharat Jodo Nyay Yatra by Rahul Gandhi was discussed. The topic of who should serve as chair and convener was discussed. It was suggested that Kharge serve as chair. It was decided upon."We're waiting on an official announcement regarding the appointment. The leaders also chose to name Nitish Kumar, the president of JD(U) and chief minister of Bihar, as the bloc's convenor; however, reports said that he had turned down the position. Senior BJP leader Ravi Shankar Prasad declared, "This was bound to happen. I believe a SIT should be established to investigate who took the decision and who rejected the proposal." Sanjay Kumar Jha, the leader of JD (U), stated that Kumar desired the convener to be a member of the Congress.It was suggested that Kharge serve as chair. It was decided upon." We're waiting for an official announcement regarding the appointment. The leaders also chose to name Nitish Kumar, the president of JD(U) and chief minister of Bihar, as the bloc's convenor; however, reports said that he had turned down the position.
Published 25 Jan 2024 09:41 PM
Praveen Vashista (IPS: 1991: BH), Additional Secretary, Ministry of Home Affairs, has an extended tenure that will last until January 14, 2025, plus one year.
New Delhi, January 15, 2024: Praveen Vashista, a 1991-batch IPS officer from Bihar, has been granted an extension of his central deputation tenure as Additional Secretary, Ministry of Home Affairs by the Appointments Committee of the Cabinet. The extension will last for one year after January 14, 2024, or until further orders, whichever comes first.Mr. Praveen Vashista, a Bihar cadre IPS officer from the 1991 batch, has had his central deputation extended for an additional year. At the moment, he works for the Ministry of Home Affairs (MHA) as an Additional Secretary. The Appointments Committee of the Cabinet has accepted the extension of Mr. Vashista's deputation tenure until January 14, 2025, or until further instructions, whichever is earlier, according to a Department of Personnel and Training (DoPT) order released on Saturday, January 13, 2024.Mr. Praveen Vashista, a Bihar cadre IPS officer from the 1991 batch, has had his central deputation extended for an additional year. At the moment, he works for the Ministry of Home Affairs (MHA) as an Additional Secretary.The Appointments Committee of the Cabinet has accepted the extension of Mr. Vashista's deputation tenure until January 14, 2025, or until further instructions, whichever is earlier, according to a Department of Personnel and Training (DoPT) order released on Saturday, January 13, 2024.The Cabinet Appointments Committee has granted permission to extend Shri Praveen Vashista, IPS (BH:91), Additional Secretary, Ministry of Home Affairs' central deputation tenure for an additional year, till January 14, 2025, or until further orders, whichever comes first. This extension will take effect on January 14, 2024.
Published 25 Jan 2024 09:40 PM
$100 million new fundraising round is being considered by Ronnie Screwvalas upGrad: Report
Although the specifics of the next investment round are still being worked out, it seems doubtful that Upgrad's valuation would increase from its prior estimate of $2.5 billion.It's up, Ronnie ScrewvalaThe US-based online learning startup Udacity is being acquired by Grad Education, which is nearing completion. The business is in talks with investors to raise up to $100 million in capital at the same time. The acquisition agreement will be supported with about 80% of the money obtained.Ronnie Screwvala, who owns a 22.4% share in upGrad, is reportedly considering contributing his own money to the upcoming investment round, according to Inc42. According to the publication, upGrad has also requested $50–60 million from outside investors; Temasek and other current investors are expected to provide the remaining sum.While the details of the next round of funding are still being finalized, it is unlikely that upGrad's valuation will rise from its prior estimate of $2.5 billion. In 2023, the Indian edtech industry encountered difficulties, as problems at Byju's lowered investor interest. Rumor has it that upGrad is now attempting to purchase Udacity for about $80 million, which is a little less than the previously stated $100 million.According to reports, upGrad hopes to close the deal during the current fiscal year. "The due diligence process at Udacity is currently in an advanced stage, with appointed law firms actively involved in the ongoing procedures," according to a source. "The upcoming financing arrangements are intricately tied to the Udacity deal." The source went on to say that running the current firm does not currently require outside funding. UpGrad has been aggressively searching for foreign assets to increase its earnings and improve its reskilling services.A different source emphasized the importance of the valuation at which upGrad obtains fresh funding, given the recent global reassessment of edtech valuations. "A flat valuation agreement appears to be pretty favorable at this point. According to media reports, a source stated that companies exhibiting strong revenue growth and distinct routes to profitability have been granted a marginal premium over their prior valuations. UpGrad was founded in 2015 and has funded a total of $365 million, the most recent $36.4 million being from a rights issue in March of that year. Among the notable investors are James Murdoch and Uday Shankar, the former chairman of Star India, through their joint venture, Bodhi Tree. UpGrad recorded a significant 96% rise in income for the fiscal year that ended in March 2023, reaching Rs 1,194Even though the US-based company's enterprise division generates the majority of its income, keeping customers has proven to be a difficult task. Sebastian Thrun founded Udacity, which was valued at $1 billion in 2015 following the acquisition of $105 million in capital from investors including Scotland's Baillie Gifford and Germany's Bertelsmann. Among its noteworthy investors is Andreessen Horowitz, popularly known as a16z, in Silicon Valley.In addition to founding Udacity, Sebastian Thrun is credited with founding Google X, where he worked on innovative initiatives including Google Glass and self-driving cars. In a recent statement about the FY23 financials, UpGrad's co-founder and managing director, Mayank Kumar, said that the company is still committed to looking into both organic and inorganic expansion opportunities.
Published 25 Jan 2024 09:40 PM
Saurabh Vats is welcomed as deputy MD at Nissan Motors.
Saurabh Vatsa, a seasoned veteran of the automotive sector, moved from Stellantis to Nissan Motor.Saurabh Vatsa has been appointed as Deputy Managing Director by Nissan Motor India, with effect from January 15. In this capacity, Saurabh is in charge of assisting the leadership of Nissan's transformation strategy and getting the business ready for the company's upcoming phase, which is scheduled to begin in 2023.We are pleased to announce that Saurabh Vatsa has become a Deputy Managing Director at Nissan Motor India Private Limited. Having worked with some of the top automakers in the business, Saurabh brings a plethora of knowledge and experience to the table. A post on Linkedin states, "He will play a key role as the company gets ready to deliver on the Mid Term Plan (MTP) and drive into our Ambition 2030 goals."Having worked with some of the top automakers in the business, Saurabh brings a plethora of knowledge and experience to the table. Saurabh was the Citroen Brand Head for India at Stellantis in his prior position. He has held several roles at Daewoo Motors, General Motors, and GM Korea Company, among other companies.Nissan Motor India said on Monday that Saurabh Vatsa has been appointed as the Deputy Managing Director, starting immediately. He will support the company's ongoing transformation goal and report to Managing Director Rakesh Srivastava, the manufacturer stated in a statement.Nissan Motor India said on Monday that Saurabh Vatsa has been appointed as the Deputy Managing Director, starting immediately. The manufacturer announced in a statement that he will work with managing director Rakesh Srivastava to carry out the company's ongoing transformation goal.The hiring is a reflection of the company's transformation plan to match the opportunities and difficulties that the Indian automotive industry faces, it said in its entirety.Vatsa joins Nissan from Stellantis, where he was a member of the Stellantis leadership team and oversaw the Citroen brand from its introduction in India. Nissan India Operations President Frank Torres stated, "His (Vatsa) appointment underpins our commitment to invest USD 600 million (Rs 5,300 crore) in India as part of the Alliance and introduce more products for the Indian consumer as part of the transformation plan."
Published 25 Jan 2024 09:40 PM
Maheshwar Rao M, an IAS official, is named MD by BMRCL.
Maheshwar Rao, an IAS officer, has been named the new Managing Director of Bangalore Metro Rail Corporation Limited (BMRCL), with immediate effect. Rao will take over from Anjum Parvez, who was appointed by the state government in 2023 and is currently working as the Additional Chief Secretary (CS) of Rural Development and Panchayat Raj (RDPR) full-time.Rao offers more than 15 years of industry experience to his current position. He will take the lead in BMRCL's initiatives to improve public transportation, lessen vehicular pollution, and ease traffic in Bengaluru. Rao previously worked for the Department of Industries and Commerce as the Director of Industries & Commerce and Commissioner of Industrial Development. In addition, he served as the state government's Deputy Commissioner and District Magistrate, supervising all district administrative duties in Dakshina Kannada and Mandya. Rao is an IAS officer from the 1995 batch. He has four degrees: a master's in public management from NUS & Harvard University, a bachelor's degree in mathematics, economics, and statistics from Nizam College, Hyderabad Central University, and a master's degree in economics (Econometrics and Growth) from the University of Hyderabad."Shri M Maheshwar Rao, IAS, assumed charge as Managing Director, Bangalore Metro Rail Corporation Limited today (12.01.2024)," read the official statement that was sent through regional newspapers. He was employed at the Department of Space in Bengaluru as an additional secretary and financial advisor before this. Sri M. Maheshwar Rao has degrees from Nizam College, Hyderabad Central University, in mathematics, economics, and statistics for his bachelor's degree; the University of Hyderabad awarded him a master's degree in economics; and NUS & Harvard University awarded him a master's degree in public management. at the Karnataka government, he held a number of roles, including Deputy Commissioner at Hassan, Mangalore, Belagavi, and Mandya. Additionally, he served as the Managing Director of Karnataka Power Corporation Ltd. and Karnataka State Industrial Investment and Development Corporation. Additionally, he served as the Labour andRao will spearhead BMRCL's growth and expansion. The company recently had over 2 crore ridership and INR 55 crore in revenue. He will be in charge of carrying out the approved phase 3A and 3B of the state's metro line development.
Published 25 Jan 2024 09:40 PM