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Byju's founders plan $2.5 billion lawsuit against investors, lenders

Byju's founders plan $2.5 billion lawsuit against investors, lenders

The founders of embattled education technology (edtech) company Byju’s are preparing legal action to seek at least $2.5 billion in damages from investors and lenders they blame for harming their business and personal standing.

The lawsuits being planned target parties who the founders say contributed to the downfall of Think & Learn, Byju's parent company, during a prolonged dispute over control of the startup.

Nitish Kumar's poll sop: Free electricity for consumers upto 125 units

Nitish Kumar's poll sop: Free electricity for consumers upto 125 units

With months left for the Bihar Assembly elections, Chief Minister Nitish Kumar on Thursday announced that his government will provide free electricity up to 125 units to every household starting August 1.

In a post on X, Nitish Kumar said the move will benefit around 16.7 million families.

Naidu unveils vision to make Andhra Pradesh India's top state by 2047

Naidu unveils vision to make Andhra Pradesh India's top state by 2047

Chief Minister N Chandrababu Naidu has released 'Towards Swarna (golden) Andhra Pradesh@2047', a detailed blueprint for the state's economic development, in New Delhi.

This report, prepared by the Taskforce for Economic Development in collaboration with the Confederation of Indian Industry (CII), outlines a transformative vision to position Andhra Pradesh as India's leading state by 2047.

First announce second think: Congress slams govt over problems in NMMS app

First announce second think: Congress slams govt over problems in NMMS app

The Congress on Thursday hit out at the Modi government over the "operational problems" related to the National Mobile Monitoring System application in MGNREGA for digital verification of attendance and works, and demanded the immediate withdrawal of the "unworkable" as well as "counterproductive" model.

Congress general secretary in-charge communications Jairam Ramesh said FAST is the self-declared motto of the Modi government and it actually stands for - "First Announce Second Think".

Ahmedabad plane crash probe: New details shift focus to senior pilot

Ahmedabad plane crash probe: New details shift focus to senior pilot

The focus in the Air India Flight 171 crash from Ahmedabad to Gatwick, London, has now shifted to the pilots after the cockpit recording recovered from the black box indicates that it was the captain who turned off the fuel switches to the plane's engine, the Wall Street Journal reported Thursday (IST).

The report cited sources familiar with the US officials' early assessment of evidence discovered in the investigation of the crash.

Theft, assault in US may lead to visa cancellation, entry ban: US Embassy

Theft, assault in US may lead to visa cancellation, entry ban: US Embassy

The US Embassy in India has issued a warning to visa holders, stating that committing crimes like assault, theft, or burglary in the United States can lead to the cancellation of their visa and may also block future entry into the country.

In a post on X, the Embassy said: “Committing assault, theft, or burglary in the United States won’t just cause you legal issues — it could lead to your visa being revoked and make you ineligible for future US visas. The United States values law and order and expects foreign visitors to follow all US laws.”

TCS bench policy exploitative, distressing, says IT employees union

TCS bench policy exploitative, distressing, says IT employees union

The Nascent Information Technology Employees Senate (NITES) has sent a letter to the labour and employment ministry highlighting the alleged distressing and exploitative practices being carried out by Tata Consultancy Services (TCS) under its recently enforced bench policy.

India's largest IT services provider's bench policy, enforced last month, states that employees can remain on the bench — or without any project allocation — for a maximum of 35 days a year, beyond which they risk career degrowth or even termination.

Sebi renews MCXCCL's recognition as clearing corporation for 3 years

Sebi renews MCXCCL's recognition as clearing corporation for 3 years

Markets regulator Sebi has renewed the recognition of Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) to act as a clearing corporation for three years beginning July 31.

The three-year term would conclude on July 30, 2028, according to a notification issued by the Securities and Exchange Board of India (Sebi) on Monday.

Govt allows NTPC to invest up to ₹20,000 cr in renewable energy

Govt allows NTPC to invest up to ₹20,000 cr in renewable energy

The government on Wednesday permitted state-run NTPC to invest up to ₹20,000 crore for renewable energy capacity addition to achieve 60 GW capacity by 2032.

I&B Minister Ashwini Vaishnaw shared details about the decision taken at the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.

Russia launches attacks on four Ukrainian cities, at least 15 injured

Russia launches attacks on four Ukrainian cities, at least 15 injured

Russian weapons pounded four Ukrainian cities overnight from Tuesday to Wednesday, injuring at least 15 people in an attack that mostly targeted energy infrastructure, officials said.

The latest bombardment in Russia's escalating aerial campaign against civilian areas came ahead of a Sept 2 deadline set by US President Donald Trump for the Kremlin to reach a peace deal in the three-year war, under the threat of possible severe Washington sanctions if it doesn't.

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