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…
New Delhi: The Union Cabinet on Wednesday paid tribute to police personnel killed in an IED blast in Chhattisgarh’s Dantewada district, Union minister Anurag Thakur said. The Cabinet, chaired by Prime Minister Narendra Modi, also passed a resolution condoling the death of former Punjab chief minister and Shiromani Akali Dal patriarch Parkash Singh Badal who…
Mandya : In his first election rally in poll-bound Karnataka, Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday attacked the Congress over religion-based reservation saying that it was against the Constitution. He also claimed that no riots took place in Uttar Pradesh in the past six years due to the strong ”double engine government”. “Congress…
Somnath: Prime Minister Narendra Modi on Wednesday said India has the courage to do something new, even in the most difficult circumstances, as it faces hurdles on the way to its target for 2047 and forces that threaten to break it. Modi said that as the country completed 75 years of independence, it has invoked…
New Delhi: Hours after star wrestler Vinesh Phogat appealed to sportspersons to join their protest to oust under-fire chief Brij Bhushan Sharan Singh, Olympic champion shooter Abhinav Bindra took to social media to announce his solidarity with the athletes. Vinesh along with Olympic medallists Bajrang Punia and Sakashi Malik have been sitting on an indefinite protest…
New Delhi: Ride-hailing app Uber on Wednesday announced the expansion of ‘Reserve’ facility across six more cities in India, giving riders an option to pre-book their rides 30 minutes to 90 days ahead of their travel. Uber Reserve will now be available for cash payments offering riders access to pre-booked rides, it said in a…
New Delhi: Cooperation Minister Amit Shah on Wednesday launched IFFCO’s nano (liquid) DAP fertiliser for commercial sale at Rs 600 per 500 ml bottle, less than half of the current price of conventional DAP, to help India cut its import dependence. One 50 kg bag of conventional DAP (di-ammonium phosphate) is currently being sold to…
Colombo: Sri Lanka will negotiate debt restructuring with India, China and the Paris Club separately, as part of an IMF-backed plan to reduce and manage the island nation’s debt, President Ranil Wickremsinghe told lawmakers on Wednesday. Sri Lanka is considering restructuring its local debt parallelly with its external debt, Wickremesinghe told Parliament as the country grapples…
