New Delhi: Hospitality tech firm OYO turned cash flow positive for the first time in the fourth quarter of FY2023. The company’s Founder & Group CEO Ritesh Agarwal shared the update with OYO employees addressing a townhall virtually on Thursday, sources told PTI. The company is anticipated to end the quarter with nearly Rs 90 crore…
New Delhi: The Enforcement Directorate on Thursday said it carried out searches against a Bengaluru-based online education company, fully owned and controlled by Chinese nationals, for allegedly violating the foreign exchange law and remitting Rs 82 crore to China ‘illegally’. ED sleuths searched two locations of Pigeon Education Technology India Pvt Ltd, which provides online education…
Mumbai: Equity benchmark indices Sensex and Nifty ended in the green on Thursday, climbing for the fourth straight day, amid fresh foreign fund inflows and intense buying in IT and telecom stocks. Buying in index majors Infosys and Reliance Industries added to the optimism in the equity market. The 30-share BSE Sensex climbed 348.80 points or…
Washington: The Indian-American community is small but powerful enough to be instrumental in changing America’s foreign policy, said an Indian-American leader, who played a key role in shaping some of the key moments in bilateral ties. Swadesh Chatterjee, a Padma Bhushan awardee in 2001, said the US-India relationship has just scratched the surface and there are…
Karachi: At least seven people, including three children and a woman, were killed when a fire broke out in a coach of an express train in Pakistan’s Sindh province, an official said on Thursday. The incident happened on late Wednesday night when a fire broke out in a business-class coach of the Karachi Express train shortly…
Houston: The Indian-American stepfather of a missing six-year-old boy, who is presumed dead, faces another charge that he stole USD 10,000 in cash from his employer before fleeing to India with his wife and her six children last month, police in the US state of Texas have said. Arshdeep Singh and his wife have been charged…
Colombo: The US has sanctioned former senior Sri Lankan Navy Commander Wasantha Karannagoda for “gross violation” of human rights during the brutal conflict with the LTTE, evoking a strong reaction from Colombo which said the “unilateral” move was “counter-productive”. The 70-year-old former Navy commander from 2005-2009 is the second senior defence official of such stature to…
Bogota: External Affairs Minister S Jaishankar met his Colombian counterpart Alvaro Leyva Duran and discussed ways to boost bilateral cooperation and exchanged views on global issues, including the situation in the Indo-Pacific region. Jaishankar arrived here in Colombia’s capital from Panama on Wednesday. He is the first external affairs minister to have visited Colombia. “Met Foreign…
Islamabad: Chief Justice of Pakistan Umar Ata Bandial said on Thursday that the Supreme Court cannot force the ruling alliance to hold negotiations with the opposition over the holding of elections in Punjab province, but observed that it appeared that the government was “playing pass-pass.” Amid uncertainty over the Punjab Assembly’s future in spite of…
Mumbai: An Indian Air Force aircraft with 246 Indians evacuated from war-torn Sudan landed in Mumbai on Thursday. The plane, which took off from Jeddah around 11 am IST, landed here around 3.30 pm, an official said. “Our efforts to swiftly send Indians back home from Jeddah is paying. 246 Indians will be in Mumbai soon,…
