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Thursday, November 14, 2024
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Kanika Sharma

Kanika Sharma

Kanika Sharma

Senior Sub-Editor

Byju’s Auditor BDO Resigns Amid Bankruptcy Proceedings

Byju’s Auditor BDO Resigns Amid Bankruptcy Proceedings

September 7, 2024

Indian education technology company Byju's has announced that its auditor, BDO Global, has resigned. The resignation followed the startup's failure to provide requested documents amid ongoing insolvency proceedings. Byju's faces multiple challenges, including the insolvency case and a $1 billion claim from U.S.-based Glas Trust. Earlier this year, BDO replaced...

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FPIs Inject Rs 10,980 Crore Into Indian Equities In First Week Of September

FPIs Inject Rs 10,980 Crore Into Indian Equities In First Week Of September

September 7, 2024

The generative AI provides more opportunity to the Indian IT sector contrary to the believe of being a threat, highlighted a report by Nuvama Wealth Management. The report noted that although AI technology may initially disrupt the sector, especially in terms of business operations and billing models, the long-term benefits...

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Exports From India-Based SellersTo Cross $5Billion in 2024, says Amazon

Exports From India-Based SellersTo Cross $5Billion in 2024, says Amazon

September 5, 2024

Amazon Inc is set to escalate its exports of small-ticket items from India to an impressive $5 billion this year, up from nearly $3 billion in 2023. This bold strategy aims to cater to markets including the United States and Britain, marking a notable shift from its traditional reliance on...

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“PayPal Expands into In-Person Payments with Cashback Rewards and Apple Integration”

“PayPal Expands into In-Person Payments with Cashback Rewards and Apple Integration”

September 5, 2024

PayPal is expanding its presence in the U.S. point-of-sale payments sector by integrating its debit card with Apple’s mobile wallet and offering 5% cashback rewards. This move aims to position PayPal directly against tech companies and banks in the in-person payment space. This initiative is,  part of a broader turnaround...

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China Offers Africa $51 Billion In Fresh Funding, Promises A Million Jobs

China Offers Africa $51 Billion In Fresh Funding, Promises A Million Jobs

September 5, 2024

President Xi Jinping pledged on Thursday to step up China's support across debt-laden Africa with funding of nearly $51 billion over three years, backing for more infrastructure projects, and the creation of at least 1 million jobs. China was ready to step up cooperation with Africa in industry, agriculture, infrastructure,...

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Uganda Athlete Rebecca Cheptegei Dies, Days After Boyfriend Set Her On Fire

Uganda Athlete Rebecca Cheptegei Dies, Days After Boyfriend Set Her On Fire

September 5, 2024

Ugandan Olympic marathon runner Rebecca Cheptegei died on Thursday, four days after she was doused in petrol and set on fire by her boyfriend in Kenya, the latest attack on a female athlete in the country. Cheptegei, 33, who competed in the Paris Olympics, suffered burns to more than 75%...

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PM Should Apologise To Every Person In Maharashtra For Shivaji Maharaj Statue Collapse: Rahul Gandhi

PM Should Apologise To Every Person In Maharashtra For Shivaji Maharaj Statue Collapse: Rahul Gandhi

September 5, 2024

Lok Sabha Lop Rahul Gandhi today kicks off  the Congress campaign for the elections to the crucial state Maharashtra. Elections in Maharastra are due later this year and the Congress will contest the state poll in alliance with the UBT Sena and the NCP-SP. Along with Rahul Gandhi, Congress President...

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‘Will Close Your Business In India,’ Delhi HC Issues Contempt Of Court NoticeTo Wikipedia

‘Will Close Your Business In India,’ Delhi HC Issues Contempt Of Court NoticeTo Wikipedia

September 5, 2024

The Delhi High Court has issued a contempt of court notice to Wikipedia and warned that it may request the government to block the platform in India, according to Bar and Bench. This action follows claims by Asian News International that Wikipedia failed to comply with court orders to reveal...

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Bitcoin Exchange Reserves DropTo Their Lowest Level Since 2018

Bitcoin Exchange Reserves DropTo Their Lowest Level Since 2018

September 5, 2024

  In the past week, over $1 billion worth of Bitcoin has been withdrawn from centralized exchanges. This large-scale withdrawal has been interpreted by the crypto community ,as a positive sign for the market. According to a report from crypto.news, major exchanges experienced outflows of approximately 16,500 BTC over the...

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Spy’ Beluga Whale Had Multiple Bullet Wounds, Allege Animal Organisations

Spy’ Beluga Whale Had Multiple Bullet Wounds, Allege Animal Organisations

September 5, 2024

Animal rights groups have claimed that the beluga whale found dead in a bay off Norway’s southwestern coast  was  probably killed by gunfire. The whale, which had gained notoriety , in recent years due to rumors that it was a Russian spy, was identified by an unusual harness that led...

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