Revamped SEZ law unlikely before the upcoming Lok Sabha elections

The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said. The commerce department had sought the Union Cabinet’s nod to bring

Making payments for bus, train rides will be easier

Reserve Bank of India (RBI) on Friday permitted banks and non-banking institutions to issue pre-paid instruments for making payments across various public transport systems. Photograph: Hemanshi Kamani/Reuters With the introduction of these instruments, commuters will have more options to pay

Byju’s shareholders vote to remove CEO, family; company calls vote invalid

Majority of Byju’s shareholders on Friday voted unanimously for removing founder CEO Byju Raveendran and his family from the board over alleged “mismanagement and failures” at what was once India’s hottest tech startup, but the company dug in its heels,

Forex reserves decline $5.24 bn to $617.23 bn

India’s forex reserves declined $5.24 billion to $617.23 billion for the week ending February 9, according to weekly data released by the Reserve Bank of India (RBI) on Friday. Photograph: Mohamed Abd El Ghany/Reuters The forex kitty stood at $622.5

Byju’s EGM gets underway; investors file suit in NCLT

An Extraordinary General Meeting (EGM) of Byju’s shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged “mismanagement and failures”. Photograph: Dado Ruvic/Reuters Raveendran and

How Smart TV Is Changing India

The way video is being watched and monetised is changing.This is the first thing that stands out as the penetration of smart TVs continues to rise. IMAGE: Kindly note the image has been posted only for representational purposes.The Sharks of

RBI’s job to bring down inflation is not over: Das

The Reserve Bank of India’s (RBI’s) job to bring down inflation is not over, and any premature move on the policy front could undermine the success achieved so far on the price situation, according to RBI Governor Shaktikanta Das. Photograph:

Govt allows onion exports to Bangladesh, Mauritius, Bahrain, Bhutan

The government on Thursday permitted traders to export 54,760 tonnes of onion to Bangladesh, Mauritius, Bahrain and Bhutan till March 31. Photograph: Ajay Verma/Reuters “We have allowed export of 50,000 tonnes of onion to Bangladesh, 1,200 tonnes to Mauritius, 3,000

Committed to restructuring board: Raveendran tells Byju’s shareholders

Ahead of Friday’s extraordinary general meeting (EGM), Byju Raveendran, chief executive officer (CEO) of Byju’s, told shareholders that he is committed to restructuring the board of the embattled educational technology (edtech) firm. Photograph: Byju’s/X He also committed to appointing two

Byju’s $200 million rights issue fully subscribed

Edtech major Byju’s top official on Wednesday said the company’s $200 million rights issue has been fully subscribed and asked all shareholders to participate in the “renewed mission”. Photograph: Kind courtesy, Byju’s Think and Learn Private Limited, which operates under