SoftBank-backed hospitality major OYO is planning to reduce the number of shares it aims to sell through public listing because of reduced capital requirements and technology headwinds. This comes at a time when valuations of start-ups, including that of OYO, have taken a hit. "OYO earlier filed papers for its IPO (initial public offering) based on its funding requirements at the time.
The Indian position on the Russia-Ukraine war and the unconditional treaty between China and Russia appear to have caused some ripples in India-US relations and led to a reappraisal of India's usefulness to the US in the eventuality of a conflict with China, notes Ambassador T P Sreenivasan.
On Thursday, an Indonesian court sentenced a match official for the deadly stampede that killed 135 spectators.
Above-normal heatwave days are predicted in most parts of central, east and northwest India during this period.
'We have restored it in full glory and it now stands as a testimony to BijuBabu's daredevilry.'
A stampede at a soccer stadium in Indonesia has killed at least 125 people and injured 180 after police sought to quell violence on the pitch, authorities said on Sunday, in one of the world's worst stadium disasters.
Economic stagnation is the advance payment for polarisation, which extracts a terrible price.
On the whole, the case for Period Leave is compelling. It may well bring more women into the workforce. But the concept will likely be hostage to the whims of enlightened companies, notes Kanika Datta.
The responsibility for peace in Ukraine now rests in the hands of the two principal belligerents, Russia and the US, and the prime victim of this great power rivalry, Ukraine, points out Nitin Desai.
Salaries in India are expected to increase by 10.3 per cent in 2023, highest among major world economies and Asian peers, according to Aon plc. In 2022, salaries in India witnessed an actual increase of 10.6 per cent in 2022. As per Aon plc's 28th Annual Salary Increase Survey in India, double-digit salary growth will continue in India despite economic volatility, largely as a response to high attrition rates.
The G20 foreign ministers' meeting on Thursday was unable to come out with a joint communique due to sharp differences over the Ukraine conflict despite persistent efforts by host India to build consensus.
Kate Forbes studied at Woodstock School for 3 years, and lived in India for 8 years. 'She has a heart for service and we are excited she has reached great heights at such a young age,' said her teacher Sanjaya Mark.
Qin, who is visiting New Delhi to attend the G20 Foreign Ministers meeting on Thursday, is expected to meet Jaishankar on its sidelines though the foreign ministry here is tight-lipped about it.
Karishma keeps warm in Kashmir... Amala makes a friend in Bali... Hina surfs in the Maldives....
Chinese Foreign Minister Qin Gang will travel to India to attend the meeting of G20 foreign ministers on March 2, during which he is expected to hold his first bilateral meeting with External Affairs Minister S Jaishankar.
India has put curbs on wheat exports through the government route, starting November last year. This comes amid a surge in domestic prices of the cereal. In December, India exported 391 tonnes of wheat to Bangladesh and Bhutan. In November 2022, it had exported 375 tonnes of wheat only to Bhutan.
A decline in demand from six of India's top 10 import partners -- China, Saudi Arabia, Iraq, South Korea, Australia, and Singapore -- resulted in India's imports hitting a 17-month low of $50.6 billion in January, showed the data compiled by the department of commerce. Shipments from South Korea, Australia, and Singapore declined by 14.1 per cent, 26.7 per cent, and 9.8 per cent, respectively. Among the 10, growth in inbound shipment was seen only in the case of the United Arab Emirates (12.1 per cent), the US (27.4 per cent), Russia (297.4 per cent), and Indonesia (22.9 per cent).
'While foreign institutional investor flows are still negative, they will turn positive in the latter part of 2023 as India's resilient growth becomes perceptible.'
'No Cold War should be reignited and no Ukraine-style crisis should be repeated in Asia'
Chinese foreign ministry spokesperson Mao Ning said China believes that state-to-state interactions should be in line with the trend of the time which is peace and development rather than exclusivity.
United Arab Emirates is the favourite to host the ODI tournament in March.
Badminton and cricket are two of his favourite sports. He was here with us for about an hour, Vimal Kumar said.
He will next face sixth seed Li Shi Feng of China in the last-eight round.
The plea was mentioned for urgent listing before a bench headed by Chief Justice DY Chandrachud, which said it would be listed on February 24.
Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.
The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate investigation into imports of Indonesian coal by the conglomerate hasn't reached finality, Minister of State for Finance Pankaj Chaudhary said. Lok Sabha saw several questions being put by MPs to the government on the Adani issue, which were replied through written responses by the minister.
The top seeded Indian duo, who reached the semi-finals of the season-opening Malaysia Open super 1000, was scheduled to face Chinese Taipei's Su Ching Heng and Ye Hong Wei in the opening round.
The Supreme Court on Friday refused to entertain a PIL seeking a direction to all the states to frame rules for menstrual pain leave for female students and working women at their respective workplace, observing that the issue falls under the policy domain of the government.
The Reserve Bank on Wednesday allowed inbound travellers from G20 nations arriving at select airports to use the popular UPI for making payments in the country. Later, the RBI also proposes to extend the Unified Payments Interface (UPI) facility to travellers from all countries. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood.
Maruti Suzuki's contribution to the sales revenue of its Japanese parent, Suzuki Motor Corporation (SMC), has touched the highest-ever figure during April-December of FY23. According to SMC's results declared on Tuesday, Maruti's share in its global revenues jumped from 33.42 per cent in April-December of FY22 to 40.93 per cent in the corresponding period of FY23.
The left-handed Chinese put a lot of power in his smashes and his hold-and-flick shots also caught Prannoy off guard as he entered the first interval lagging 6-11 after two unforced errors.
It is the second semifinal appearance for world number 23 Prannoy at the Indonesia event.
Interestingly, this was Prannoy's first-ever win against Sen in three head-to-had meetings so far.
Seventh seed Sindhu lost 14-21 18-21 to Bing Jiao in the women's singles.
Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.
"Of course, we do not tolerate persecution anywhere, but I am not sure that I agree at all with the characterisation that the hon. gentleman has put forward," the British prime minister said.
This was Sen's second straight defeat against Chou in less than a month.
Lakshya Sen stormed into the quarterfinals of the Indonesia Masters 2022
Disney+ Hotstar reported its biggest decline in paid subscribers to date - a fall of 3.8 million subscribers, or 6 per cent of its total - in the October-December period. The drop in numbers came after two warnings by the company that Hotstar's paid subscriber base would shrink as it didn't have streaming rights for the Indian Premier League (IPL) for the 2023-27 media cycle. The IPL would start on April 1 this year and continue till May 28.
The international community counts a lot on India's leadership of the G-20 at a time when the world is faced with the continued economic slowdown and social distress, the chief of the International Monetary Fund Kristalina Georgieva has said. "India, which is the president of G-20 countries, remains among the countries that perform better than the global average and by a good percentage," IMF managing director Kristalina Georgieva told reporters during a media roundtable on Thursday. India formally assumed the G20 (Group of 20) Presidency on December 1.
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